3 Platform Technology Services Firm, Auto Lighting and Mirrors Maker and Largest Crude Oil Producer Stocks With a Strong Future Roadmap: Sonata Software, Fiem Industries and Oil and Natural Gas Corporation
- November 5, 2026
- Posted by: Lakshit Sharma
- Category: Best Stocks
Sonata Software, Fiem Industries and Oil and Natural Gas Corporation: ROE of 11.1% to 26.7% and FY22 to FY26 revenue CAGR of 5.6% to 17.6%. Prices as of 4 Nov 2026.
Quick Answer
The three software services, auto lamp and crude stocks to watch are Sonata Software, Fiem Industries and Oil and Natural Gas Corporation. Their return on equity ranges from 11.1% to 26.7%, and their revenue compound annual growth from FY22 to FY26 ranges from 5.6% to 17.6%. Sonata Software leads on both return on equity at 26.7% and revenue growth at 17.6% a year. Prices are based on the 4 November 2026 close, and this article is educational, not investment advice.
Software services, auto lamp and crude stocks give investors a way to track businesses that sit close to everyday demand in India. Sonata Software, Fiem Industries and Oil and Natural Gas Corporation cover a technology services company, an automotive lighting maker and the largest crude oil and gas producer.
This list covers three software services, auto lamp and crude stocks with complete current figures: Sonata Software, Fiem Industries and Oil and Natural Gas Corporation. Every figure comes from the latest reported financials and the 4 November 2026 market close. Companies without complete current figures were left out.
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What Are Software Services, Auto Lamp and Crude Stocks?
Software services, auto lamp and crude stocks are listed companies that provide technology services with a focus on platforms, make lighting, signalling equipment and mirrors for two-wheelers, and produce crude oil and natural gas from domestic basins and overseas assets. Their earnings depend on client technology budgets, vehicle output and energy production.
Software Services, Auto Lamp and Crude Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Sonata Software | 227.04 | 6,732 | 14.5 | 17.5 | 26.7 | 0.38 |
| Fiem Industries | 1,904 | 4,790 | 18.2 | 36.9 | 21.0 | 0.05 |
| Oil and Natural Gas Corporation | 235 | 282,679 | 6.3 | 7.2 | 11.1 | 0.47 |
On valuation, all three trade at a P/E below their industry P/E, which means the market is pricing them at a lower multiple than their peer group. Readers comparing software services, auto lamp and crude stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain. With the Q2 FY27 results season close, investors in software services, auto lamp and crude stocks can use the coming numbers to test whether growth is holding.
Why Do Software Services, Auto Lamp and Crude Stocks Have a Strong Roadmap in India?
Software services, auto lamp and crude stocks have a strong roadmap in India because rising client technology spending, growing two-wheeler output and steady energy consumption keep widening the market for these companies.
- Technology services. Clients invest in platform work.
- Vehicle lighting. Two-wheeler makers need advanced lamps.
- Oil and gas. Energy demand keeps rising.
Why Sonata Software Features Among These Software Services, Auto Lamp and Crude Stocks
Among the software services, auto lamp and crude stocks on this list, Sonata Software, based in Bengaluru, is a technology services company with a focus on the Microsoft ecosystem and a platform-led approach it calls modernisation.
The company has a return on equity of 26.7%, a debt to equity ratio of 0.38 and a market capitalisation of Rs 6,732 crore. The stock trades at a P/E of 14.5, below the industry P/E of 17.5.
Revenue rose from Rs 5,655 crore in FY22 to Rs 10,806 crore in FY26, a compound annual growth rate of 17.6%. Net profit grew from Rs 376 crore in FY22 to Rs 464 crore in FY26, which works out to a compound annual growth rate of 5.4%. In the June 2026 quarter, revenue grew 9.9% year on year to Rs 3,286 crore.
Roadmap: Its strategy centres on cloud, data and artificial intelligence projects for retail, travel and manufacturing clients. A strong partner relationship with Microsoft and a pipeline of large deals support its roadmap.
What to watch: Monitor deal wins and trends in the domestic business.
Why Fiem Industries Features Among These Software Services, Auto Lamp and Crude Stocks
Among the software, lighting and energy shares on this list, Fiem Industries makes automotive lighting, signalling equipment and rear view mirrors, mainly for two-wheelers, with leading Japanese and Indian makers as customers.
Revenue rose from Rs 1,575 crore in FY22 to Rs 2,836 crore in FY26, a compound annual growth rate of 15.8%. Net profit grew from Rs 95.3 crore in FY22 to Rs 256 crore in FY26, which works out to a compound annual growth rate of 28.0%.
In the June 2026 quarter, revenue grew 17.4% year on year to Rs 780 crore, while net profit rose 12.9% to Rs 64.9 crore. The company has a return on equity of 21.0%, a debt to equity ratio of 0.05 and a market capitalisation of Rs 4,790 crore. The stock trades at a P/E of 18.2, below the industry P/E of 36.9.
Roadmap: LED lighting is replacing older bulbs, which raises the value of each vehicle’s lighting set. Fiem is also adding capacity and customers, and the move to premium two-wheelers helps its mix.
What to watch: Follow two-wheeler production volumes and customer-specific launch schedules.
Why Oil and Natural Gas Corporation Features Among These Software Services, Auto Lamp and Crude Stocks
Among the three companies on this list, Oil and Natural Gas Corporation is India’s largest producer of crude oil and natural gas, with operations in domestic basins and overseas assets. It also has interests in refining, petrochemicals and gas through group companies.
In the June 2026 quarter, revenue grew 25.5% year on year to Rs 207,776 crore. Revenue rose from Rs 498,738 crore in FY22 to Rs 621,019 crore in FY26, a compound annual growth rate of 5.6%.
Net profit grew from Rs 32,778 crore in FY23 to Rs 49,793 crore in FY26, which works out to a compound annual growth rate of 15.0%. The company has a return on equity of 11.1%, a debt to equity ratio of 0.47 and a market capitalisation of Rs 282,679 crore. The stock trades at a P/E of 6.3, below the industry P/E of 7.2.
Roadmap: The company is investing in new wells, deepwater projects and field redevelopment to raise output, and it is entering new energy areas such as gas and renewables. Its large reserve base supports long-term production.
What to watch: Follow production volumes, new field start-ups and realisations.
Sonata Software vs Fiem Industries vs Oil and Natural Gas Corporation on Key Financials
The table below sets the three software services, auto lamp and crude 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 |
|---|---|---|---|---|---|
| Sonata Software | 5,655 | 10,806 | 17.6% | 464 | 4.3% |
| Fiem Industries | 1,575 | 2,836 | 15.8% | 256 | 9.0% |
| Oil and Natural Gas Corporation | 498,738 | 621,019 | 5.6% | 49,793 | 8.0% |
Sonata Software posts the highest return on equity in this group at 26.7%. Oil and Natural Gas Corporation has the largest FY26 revenue at Rs 621,019 crore, and Sonata Software shows the fastest revenue growth with a 17.6% compound annual rate. A useful habit with software services, auto lamp and crude stocks is to check each new quarterly result against the capacity plans the company described earlier. Many investors spread money across several platform services, signal light and oil field stocks instead of one name, which keeps a single result from deciding the outcome.
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 |
|---|---|---|---|
| Sonata Software | 2,989 | 3,286 | 9.9% |
| Fiem Industries | 665 | 780 | 17.4% |
| Oil and Natural Gas Corporation | 165,589 | 207,776 | 25.5% |
Key Risks to Check Before Investing in Software Services, Auto Lamp and Crude Stocks
Every theme carries risks that deserve a check before any decision. For these software services, auto lamp and crude stocks, the main points are: Long-term software, lighting and energy shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Client spending. Technology budgets can vary with global conditions.
- Oil and gas prices. Earnings follow crude oil, gas and refining margins.
- 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 software services, auto lamp and crude stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Software Services, Auto Lamp and Crude Stocks
Software services, auto lamp and crude stocks work best when investors track growth, valuation and return on equity side by side. Sonata Software, Fiem Industries and Oil and Natural Gas Corporation each have a clear plan to grow. Based on the 4 November 2026 close, Sonata Software trades at Rs 227.04, Fiem Industries at Rs 1,904 and Oil and Natural Gas Corporation at Rs 235. Valuation matters as much as growth, so compare each company’s P/E with its industry P/E before adding any of these software services, auto lamp and crude 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 software services, auto lamp and crude stocks?
Ans. Software services, auto lamp and crude stocks are listed companies that provide technology services with a focus on platforms, make lighting, signalling equipment and mirrors for two-wheelers, and produce crude oil and natural gas from domestic basins and overseas assets. Their earnings depend on client technology budgets, vehicle output and energy production. This list looks at three of them, Sonata Software, Fiem Industries and Oil and Natural Gas Corporation, using reported FY22 to FY26 financials and the 4 November 2026 closing prices.
Which software services, auto lamp and crude stocks are covered in this list?
Ans. This list covers Sonata Software, Fiem Industries and Oil and Natural Gas Corporation. Based on the 4 November 2026 close, Sonata Software traded at Rs 227.04, Fiem Industries at Rs 1,904 and Oil and Natural Gas Corporation at Rs 235. Their return on equity ranges from 11.1% to 26.7%, and their revenue compound annual growth from FY22 to FY26 ranges from 5.6% to 17.6%.
Why do software services, auto lamp and crude stocks have a strong future roadmap in India?
Ans. Software services, auto lamp and crude stocks have a strong roadmap in India because rising client technology spending, growing two-wheeler output and steady energy consumption keep widening the market for these companies. The main drivers are as follows. Technology services. Clients invest in platform work. Vehicle lighting. Two-wheeler makers need advanced lamps. Oil and gas. Energy demand keeps rising. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Sonata Software performed financially?
Ans. Revenue rose from Rs 5,655 crore in FY22 to Rs 10,806 crore in FY26, a compound annual growth rate of 17.6%. Net profit grew from Rs 376 crore in FY22 to Rs 464 crore in FY26, which works out to a compound annual growth rate of 5.4%. In the June 2026 quarter, revenue grew 9.9% year on year to Rs 3,286 crore. The company has a return on equity of 26.7%, a debt to equity ratio of 0.38 and a market capitalisation of Rs 6,732 crore. The stock trades at a P/E of 14.5, below the industry P/E of 17.5. Looking ahead, its strategy centres on cloud, data and artificial intelligence projects for retail, travel and manufacturing clients. A strong partner relationship with Microsoft and a pipeline of large deals support its roadmap.
How has Fiem Industries performed financially?
Ans. Revenue rose from Rs 1,575 crore in FY22 to Rs 2,836 crore in FY26, a compound annual growth rate of 15.8%. Net profit grew from Rs 95.3 crore in FY22 to Rs 256 crore in FY26, which works out to a compound annual growth rate of 28.0%. In the June 2026 quarter, revenue grew 17.4% year on year to Rs 780 crore, while net profit rose 12.9% to Rs 64.9 crore. The company has a return on equity of 21.0%, a debt to equity ratio of 0.05 and a market capitalisation of Rs 4,790 crore. The stock trades at a P/E of 18.2, below the industry P/E of 36.9. Looking ahead, lED lighting is replacing older bulbs, which raises the value of each vehicle’s lighting set. Fiem is also adding capacity and customers, and the move to premium two-wheelers helps its mix.
How has Oil and Natural Gas Corporation performed financially?
Ans. Revenue rose from Rs 498,738 crore in FY22 to Rs 621,019 crore in FY26, a compound annual growth rate of 5.6%. Net profit grew from Rs 32,778 crore in FY23 to Rs 49,793 crore in FY26, which works out to a compound annual growth rate of 15.0%. In the June 2026 quarter, revenue grew 25.5% year on year to Rs 207,776 crore. The company has a return on equity of 11.1%, a debt to equity ratio of 0.47 and a market capitalisation of Rs 282,679 crore. The stock trades at a P/E of 6.3, below the industry P/E of 7.2. Looking ahead, the company is investing in new wells, deepwater projects and field redevelopment to raise output, and it is entering new energy areas such as gas and renewables. Its large reserve base supports long-term production.
What risks should investors check before buying software services, auto lamp and crude stocks?
Ans. Investors should check a few risks before buying software services, auto lamp and crude stocks. Client spending. Technology budgets can vary with global conditions. Oil and gas prices. Earnings follow crude oil, gas and refining margins. 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 software services, auto lamp and crude stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 4 November 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.