3 Plastic Piping Systems, Cables and Wires and White and Grey Cement Stocks With a Strong Future Roadmap: Supreme Industries, Finolex Cables and JK Cement
- October 23, 2026
- Posted by: Lakshit Sharma
- Category: Best Stocks
Supreme Industries, Finolex Cables and JK Cement: ROE of 11.7% to 15.5% and FY22 to FY26 revenue CAGR of 9.6% to 14.4%. Prices as of 22 Oct 2026.
Quick Answer
The three plastic pipe, wire and cement maker stocks to watch are Supreme Industries, Finolex Cables and JK Cement. Their return on equity ranges from 11.7% to 15.5%, and their revenue compound annual growth from FY22 to FY26 ranges from 9.6% to 14.4%. Supreme Industries has the highest return on equity at 15.5%, while JK Cement has the fastest revenue growth at 14.4% a year. Prices are based on the 22 October 2026 close, and this article is educational, not investment advice.
Plastic pipe, wire and cement maker stocks let investors follow companies that supply essential materials for homes and infrastructure. Supreme Industries, Finolex Cables and JK Cement cover plastic piping systems, cables and wires and white and grey cement.
This list covers three plastic pipe, wire and cement maker stocks with complete current figures: Supreme Industries, Finolex Cables and JK Cement. Every figure comes from the latest reported financials and the 22 October 2026 market close. Companies without complete current figures were left out.
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What Are Plastic Pipe, Wire and Cement Maker Stocks?
Plastic pipe, wire and cement maker stocks are listed companies that make pipes, electrical cables and cement. Their earnings depend on volumes, pricing, input costs and dealer reach.
Plastic Pipe, Wire and Cement Maker Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Supreme Industries | 3,491.2 | 46,098 | 44.6 | 36.4 | 15.5 | 0.01 |
| Finolex Cables | 1,202.4 | 19,615 | 24.5 | 45.1 | 11.7 | 0.00 |
| JK Cement | 4,858.5 | 37,671 | 40.1 | 29.1 | 14.1 | 0.88 |
On valuation, Finolex Cables trades at a P/E below the industry P/E, while Supreme Industries and JK Cement trade above it, which reflects the growth the market already expects. Readers comparing plastic pipe, wire and cement maker stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.
Why Do Plastic Pipe, Wire and Cement Maker Stocks Have a Strong Roadmap in India?
Plastic pipe, wire and cement maker stocks have a strong roadmap in India because housing, infrastructure and electrification keep lifting demand for building materials.
- Housing demand. New homes need pipes, wires and cement.
- Infrastructure spending. Public projects lift material consumption.
- Dealer reach. Wide networks bring products closer to buyers.
Why Supreme Industries Features Among These Plastic Pipe, Wire and Cement Maker Stocks
Among the plastic pipe, wire and cement maker stocks on this list, Supreme Industries is among India’s largest plastic products makers, with plastic piping systems, packaging, industrial products and consumer products across many plants.
Revenue rose from Rs 7,793 crore in FY22 to Rs 11,262 crore in FY26, a compound annual growth rate of 9.6%. Net profit for FY26 was Rs 954 crore, a net margin of 8.5%.
In the June 2026 quarter, revenue grew 3.8% year on year to Rs 2,727 crore, while net profit rose 38.8% to Rs 281 crore. The company has a return on equity of 15.5%, a debt to equity ratio of 0.01 and a market capitalisation of Rs 46,098 crore. The stock trades at a P/E of 44.6, above the industry P/E of 36.4.
Roadmap: The company holds a leading position in plastic pipes, and has been adding capacity and value-added products across its segments. Its wide distribution network and many plants help it serve customers in every region.
What to watch: Monitor PVC resin prices and the volume growth in piping systems.
Why Finolex Cables Features Among These Plastic Pipe, Wire and Cement Maker Stocks
Among the home construction input shares on this list, Finolex Cables is a Pune-based maker of electrical cables and wires, communication cables, copper products and consumer electricals such as fans, lighting and switchgear, sold under the Finolex brand.
In the June 2026 quarter, revenue grew 42.4% year on year to Rs 2,065 crore, while net profit rose 53.1% to Rs 249 crore. Revenue rose from Rs 3,840 crore in FY22 to Rs 6,487 crore in FY26, a compound annual growth rate of 14.0%.
Net profit grew from Rs 504 crore in FY23 to Rs 714 crore in FY26, which works out to a compound annual growth rate of 12.3%. The company has a return on equity of 11.7%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 19,615 crore. The stock trades at a P/E of 24.5, below the industry P/E of 45.1.
Roadmap: Strong brand recall among electricians and a wide distribution network support its position in housing wires. Infrastructure, housing and telecom projects add to demand for its cables and related electricals.
What to watch: Track growth in the electrical consumer products business and copper price trends.
Why JK Cement Features Among These Plastic Pipe, Wire and Cement Maker Stocks
Among the three companies on this list, JK Cement is a cement and building products company with plants in northern, western and southern India. It sells grey cement, white cement and wall putty, and it has a strong presence in the premium white cement segment.
The company has a return on equity of 14.1%, a debt to equity ratio of 0.88 and a market capitalisation of Rs 37,671 crore. The stock trades at a P/E of 40.1, above the industry P/E of 29.1.
Revenue rose from Rs 8,134 crore in FY22 to Rs 13,917 crore in FY26, a compound annual growth rate of 14.4%. Net profit grew from Rs 679 crore in FY22 to Rs 988 crore in FY26, which works out to a compound annual growth rate of 9.8%. In the June 2026 quarter, revenue grew 19.4% year on year to Rs 4,071 crore.
Roadmap: The company is expanding grey cement capacity in several regions and growing its white cement and putty range, which carries a strong brand. Housing and infrastructure activity supports steady cement demand.
What to watch: Track capacity additions, volume growth and realisation per tonne.
Supreme Industries vs Finolex Cables vs JK Cement on Key Financials
The table below sets the three plastic pipe, wire and cement maker stocks side by side on revenue, profit and margin, using reported figures.
| Company | FY22 Revenue (Rs Cr) | FY26 Revenue (Rs Cr) | Revenue CAGR (FY22-FY26) | FY26 Net Profit (Rs Cr) | FY26 Net Margin |
|---|---|---|---|---|---|
| Supreme Industries | 7,793 | 11,262 | 9.6% | 954 | 8.5% |
| Finolex Cables | 3,840 | 6,487 | 14.0% | 714 | 11.0% |
| JK Cement | 8,134 | 13,917 | 14.4% | 988 | 7.1% |
Supreme Industries posts the highest return on equity in this group at 15.5%. JK Cement combines the largest FY26 revenue at Rs 13,917 crore with the fastest revenue growth, a 14.4% compound annual rate. A useful habit with plastic pipe, wire and cement maker stocks is to check each new quarterly result against the capacity plans the company described earlier.
The June 2026 quarter, the latest reported, gives a fresh read on momentum:
| Company | Q1 FY26 Revenue (Rs Cr) | Q1 FY27 Revenue (Rs Cr) | Year-on-Year Growth |
|---|---|---|---|
| Supreme Industries | 2,626 | 2,727 | 3.8% |
| Finolex Cables | 1,450 | 2,065 | 42.4% |
| JK Cement | 3,409 | 4,071 | 19.4% |
Key Risks to Check Before Investing in Plastic Pipe, Wire and Cement Maker Stocks
Every theme carries risks that deserve a check before any decision. For these plastic pipe, wire and cement maker stocks, the main points are: Long-term home construction input shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Input costs. Polymer, copper and fuel prices influence margins.
- Pricing. Regional competition can affect realisations.
- Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them.
Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.
Use the Univest Stock Screener to filter plastic pipe, wire and cement maker stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Plastic Pipe, Wire and Cement Maker Stocks
Plastic pipe, wire and cement maker stocks reward investors who follow volumes, pricing and input costs together. Supreme Industries, Finolex Cables and JK Cement each have a clear plan to expand. Based on the 22 October 2026 close, Supreme Industries trades at Rs 3,491.2, Finolex Cables at Rs 1,202.4 and JK Cement at Rs 4,858.5. Valuation matters as much as growth, so compare each company’s P/E with its industry P/E before adding any of these plastic pipe, wire and cement maker stocks to a watchlist.
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Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
What are plastic pipe, wire and cement maker stocks?
Ans. Plastic pipe, wire and cement maker stocks are listed companies that make pipes, electrical cables and cement. Their earnings depend on volumes, pricing, input costs and dealer reach. This list looks at three of them, Supreme Industries, Finolex Cables and JK Cement, using reported FY22 to FY26 financials and the 22 October 2026 closing prices.
Which plastic pipe, wire and cement maker stocks are covered in this list?
Ans. This list covers Supreme Industries, Finolex Cables and JK Cement. Based on the 22 October 2026 close, Supreme Industries traded at Rs 3,491.2, Finolex Cables at Rs 1,202.4 and JK Cement at Rs 4,858.5. Their return on equity ranges from 11.7% to 15.5%, and their revenue compound annual growth from FY22 to FY26 ranges from 9.6% to 14.4%.
Why do plastic pipe, wire and cement maker stocks have a strong future roadmap in India?
Ans. Plastic pipe, wire and cement maker stocks have a strong roadmap in India because housing, infrastructure and electrification keep lifting demand for building materials. The main drivers are as follows. Housing demand. New homes need pipes, wires and cement. Infrastructure spending. Public projects lift material consumption. Dealer reach. Wide networks bring products closer to buyers. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Supreme Industries performed financially?
Ans. Revenue rose from Rs 7,793 crore in FY22 to Rs 11,262 crore in FY26, a compound annual growth rate of 9.6%. Net profit for FY26 was Rs 954 crore, a net margin of 8.5%. In the June 2026 quarter, revenue grew 3.8% year on year to Rs 2,727 crore, while net profit rose 38.8% to Rs 281 crore. The company has a return on equity of 15.5%, a debt to equity ratio of 0.01 and a market capitalisation of Rs 46,098 crore. The stock trades at a P/E of 44.6, above the industry P/E of 36.4. Looking ahead, the company holds a leading position in plastic pipes, and has been adding capacity and value-added products across its segments. Its wide distribution network and many plants help it serve customers in every region.
How has Finolex Cables performed financially?
Ans. Revenue rose from Rs 3,840 crore in FY22 to Rs 6,487 crore in FY26, a compound annual growth rate of 14.0%. Net profit grew from Rs 504 crore in FY23 to Rs 714 crore in FY26, which works out to a compound annual growth rate of 12.3%. In the June 2026 quarter, revenue grew 42.4% year on year to Rs 2,065 crore, while net profit rose 53.1% to Rs 249 crore. The company has a return on equity of 11.7%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 19,615 crore. The stock trades at a P/E of 24.5, below the industry P/E of 45.1. Looking ahead, strong brand recall among electricians and a wide distribution network support its position in housing wires. Infrastructure, housing and telecom projects add to demand for its cables and related electricals.
How has JK Cement performed financially?
Ans. Revenue rose from Rs 8,134 crore in FY22 to Rs 13,917 crore in FY26, a compound annual growth rate of 14.4%. Net profit grew from Rs 679 crore in FY22 to Rs 988 crore in FY26, which works out to a compound annual growth rate of 9.8%. In the June 2026 quarter, revenue grew 19.4% year on year to Rs 4,071 crore. The company has a return on equity of 14.1%, a debt to equity ratio of 0.88 and a market capitalisation of Rs 37,671 crore. The stock trades at a P/E of 40.1, above the industry P/E of 29.1. Looking ahead, the company is expanding grey cement capacity in several regions and growing its white cement and putty range, which carries a strong brand. Housing and infrastructure activity supports steady cement demand.
What risks should investors check before buying plastic pipe, wire and cement maker stocks?
Ans. Investors should check a few risks before buying plastic pipe, wire and cement maker stocks. Input costs. Polymer, copper and fuel prices influence margins. Pricing. Regional competition can affect realisations. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.
Is this list of plastic pipe, wire and cement maker stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 22 October 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.