3 Power Cables Maker, Largest Public Sector Shipyard and Largest Iron Ore Producer Stocks With a Strong Future Roadmap: KEI Industries, Cochin Shipyard and NMDC
- November 6, 2026
- Posted by: Neeraj Pandey
- Category: Best Stocks
KEI Industries, Cochin Shipyard and NMDC: ROE of 12.2% to 21.9% and FY22 to FY26 revenue CAGR of 5.9% to 20.0%. Prices as of 5 Nov 2026.
Quick Answer
The three EHV cable, shipyard and iron ore stocks to watch are KEI Industries, Cochin Shipyard and NMDC. Their return on equity ranges from 12.2% to 21.9%, and their revenue compound annual growth from FY22 to FY26 ranges from 5.9% to 20.0%. NMDC has the highest return on equity at 21.9%, while KEI Industries has the fastest revenue growth at 20.0% a year. Prices are based on the 5 November 2026 close, and this article is educational, not investment advice.
EHV cable, shipyard and iron ore stocks offer a focused view of a sector where demand keeps widening. KEI Industries, Cochin Shipyard and NMDC cover a power cables maker, the largest public sector shipyard and the largest iron ore producer.
This list covers three EHV cable, shipyard and iron ore stocks with complete current figures: KEI Industries, Cochin Shipyard and NMDC. Every figure comes from the latest reported financials and the 5 November 2026 market close. Companies without complete current figures were left out.
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What Are EHV Cable, Shipyard and Iron Ore Stocks?
EHV cable, shipyard and iron ore stocks are listed companies that make power cables and extra high voltage cables, build commercial and naval vessels and repair ships, and mine iron ore for steel makers. Their earnings depend on grid projects, shipbuilding orders and steel demand.
EHV Cable, Shipyard and Iron Ore Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| KEI Industries | 4,061.1 | 42,514 | 42.6 | 45.1 | 13.8 | 0.04 |
| Cochin Shipyard | 1,232.9 | 32,227 | 47.4 | 48.1 | 12.2 | 0.28 |
| NMDC | 70.41 | 61,921 | 8.3 | 9.9 | 21.9 | 0.19 |
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 EHV cable, shipyard and iron ore 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 EHV cable, shipyard and iron ore stocks can use the coming numbers to test whether growth is holding.
Why Do EHV Cable, Shipyard and Iron Ore Stocks Have a Strong Roadmap in India?
EHV cable, shipyard and iron ore stocks have a strong roadmap in India because large grid investment, a growing shipbuilding order book and rising steel output keep widening the market for these companies.
- Power cables. Grids and buildings need cabling.
- Shipbuilding. Naval and commercial orders build up.
- Iron ore. Steel makers need steady supply.
Why KEI Industries Features Among These EHV Cable, Shipyard and Iron Ore Stocks
Among the EHV cable, shipyard and iron ore stocks on this list, KEI Industries makes power cables, house wires, and extra high voltage cables, and also offers engineering, procurement and construction services for power projects.
The company has a return on equity of 13.8%, a debt to equity ratio of 0.04 and a market capitalisation of Rs 42,514 crore. The stock trades at a P/E of 42.6, below the industry P/E of 45.1.
Revenue rose from Rs 5,742 crore in FY22 to Rs 11,906 crore in FY26, a compound annual growth rate of 20.0%. Net profit grew from Rs 376 crore in FY22 to Rs 918 crore in FY26, which works out to a compound annual growth rate of 25.0%. In the June 2026 quarter, revenue grew 21.9% year on year to Rs 3,205 crore, while net profit rose 40.0% to Rs 274 crore.
Roadmap: The company benefits from the demand for cables in power transmission, housing and industrial projects, and is expanding capacity to meet it. Rising exports and the shift to branded wires add further growth drivers.
What to watch: Check the capacity additions and the share of the retail business in revenue.
Why Cochin Shipyard Features Among These EHV Cable, Shipyard and Iron Ore Stocks
Among the power equipment, defence and mining shares on this list, Cochin Shipyard is India’s largest public sector shipyard, building commercial vessels and naval ships, and operating one of the biggest ship repair facilities in the country.
Revenue rose from Rs 3,454 crore in FY22 to Rs 5,432 crore in FY26, a compound annual growth rate of 12.0%. Net profit grew from Rs 564 crore in FY22 to Rs 717 crore in FY26, which works out to a compound annual growth rate of 6.2%.
In the June 2026 quarter, revenue grew 3.4% year on year to Rs 1,161 crore. The company has a return on equity of 12.2%, a debt to equity ratio of 0.28 and a market capitalisation of Rs 32,227 crore. The stock trades at a P/E of 47.4, below the industry P/E of 48.1.
Roadmap: The shipyard has built India’s first indigenous aircraft carrier and is expanding with a new dry dock and an international ship repair facility. Orders from European customers for specialised vessels and a growing repair business add to the mix.
What to watch: Check order inflow from commercial customers and the commissioning of the new dry dock and repair facilities.
Why NMDC Features Among These EHV Cable, Shipyard and Iron Ore Stocks
Among the three companies on this list, NMDC is a public sector miner and India’s largest producer of iron ore, with mines in Chhattisgarh and Karnataka, and it also has interests in lithium, diamonds and other minerals.
In the June 2026 quarter, revenue grew 1.5% year on year to Rs 7,143 crore, while net profit rose 1.9% to Rs 2,006 crore. Revenue rose from Rs 26,683 crore in FY22 to Rs 33,559 crore in FY26, a compound annual growth rate of 5.9%.
Net profit grew from Rs 5,538 crore in FY23 to Rs 7,415 crore in FY26, which works out to a compound annual growth rate of 10.2%. The company has a return on equity of 21.9%, a debt to equity ratio of 0.19 and a market capitalisation of Rs 61,921 crore. The stock trades at a P/E of 8.3, below the industry P/E of 9.9.
Roadmap: The company plans to raise production capacity to meet the country’s growing steel demand and has a debt-free balance sheet that supports its mining expansion. Its low-cost iron ore and new mineral projects give it multiple growth options.
What to watch: Follow iron ore volumes and prices and the pace of its expansion and critical mineral projects.
KEI Industries vs Cochin Shipyard vs NMDC on Key Financials
The table below sets the three EHV cable, shipyard and iron ore 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 |
|---|---|---|---|---|---|
| KEI Industries | 5,742 | 11,906 | 20.0% | 918 | 7.7% |
| Cochin Shipyard | 3,454 | 5,432 | 12.0% | 717 | 13.2% |
| NMDC | 26,683 | 33,559 | 5.9% | 7,415 | 22.1% |
NMDC posts the highest return on equity in this group at 21.9%. NMDC has the largest FY26 revenue at Rs 33,559 crore, and KEI Industries shows the fastest revenue growth with a 20.0% compound annual rate. A useful habit with EHV cable, shipyard and iron ore stocks is to check each new quarterly result against the capacity plans the company described earlier. Many investors spread money across several extra high voltage, naval vessel and steel input 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 |
|---|---|---|---|
| KEI Industries | 2,630 | 3,205 | 21.9% |
| Cochin Shipyard | 1,123 | 1,161 | 3.4% |
| NMDC | 7,039 | 7,143 | 1.5% |
Key Risks to Check Before Investing in EHV Cable, Shipyard and Iron Ore Stocks
Every theme carries risks that deserve a check before any decision. For these EHV cable, shipyard and iron ore stocks, the main points are: Long-term power equipment, defence and mining shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Order timing. Project awards can shift between periods.
- Commodity prices. Selling prices follow global and domestic markets.
- 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 EHV cable, shipyard and iron ore stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on EHV Cable, Shipyard and Iron Ore Stocks
EHV cable, shipyard and iron ore stocks reward patient research into demand, execution and financial strength. KEI Industries, Cochin Shipyard and NMDC each have a clear plan to grow. Based on the 5 November 2026 close, KEI Industries trades at Rs 4,061.1, Cochin Shipyard at Rs 1,232.9 and NMDC at Rs 70.41. Valuation matters as much as growth, so compare each company’s P/E with its industry P/E before adding any of these EHV cable, shipyard and iron ore 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 EHV cable, shipyard and iron ore stocks?
Ans. EHV cable, shipyard and iron ore stocks are listed companies that make power cables and extra high voltage cables, build commercial and naval vessels and repair ships, and mine iron ore for steel makers. Their earnings depend on grid projects, shipbuilding orders and steel demand. This list looks at three of them, KEI Industries, Cochin Shipyard and NMDC, using reported FY22 to FY26 financials and the 5 November 2026 closing prices.
Which EHV cable, shipyard and iron ore stocks are covered in this list?
Ans. This list covers KEI Industries, Cochin Shipyard and NMDC. Based on the 5 November 2026 close, KEI Industries traded at Rs 4,061.1, Cochin Shipyard at Rs 1,232.9 and NMDC at Rs 70.41. Their return on equity ranges from 12.2% to 21.9%, and their revenue compound annual growth from FY22 to FY26 ranges from 5.9% to 20.0%.
Why do EHV cable, shipyard and iron ore stocks have a strong future roadmap in India?
Ans. EHV cable, shipyard and iron ore stocks have a strong roadmap in India because large grid investment, a growing shipbuilding order book and rising steel output keep widening the market for these companies. The main drivers are as follows. Power cables. Grids and buildings need cabling. Shipbuilding. Naval and commercial orders build up. Iron ore. Steel makers need steady supply. Together these factors give the companies on this list a visible path for growth over the coming years.
How has KEI Industries performed financially?
Ans. Revenue rose from Rs 5,742 crore in FY22 to Rs 11,906 crore in FY26, a compound annual growth rate of 20.0%. Net profit grew from Rs 376 crore in FY22 to Rs 918 crore in FY26, which works out to a compound annual growth rate of 25.0%. In the June 2026 quarter, revenue grew 21.9% year on year to Rs 3,205 crore, while net profit rose 40.0% to Rs 274 crore. The company has a return on equity of 13.8%, a debt to equity ratio of 0.04 and a market capitalisation of Rs 42,514 crore. The stock trades at a P/E of 42.6, below the industry P/E of 45.1. Looking ahead, the company benefits from the demand for cables in power transmission, housing and industrial projects, and is expanding capacity to meet it. Rising exports and the shift to branded wires add further growth drivers.
How has Cochin Shipyard performed financially?
Ans. Revenue rose from Rs 3,454 crore in FY22 to Rs 5,432 crore in FY26, a compound annual growth rate of 12.0%. Net profit grew from Rs 564 crore in FY22 to Rs 717 crore in FY26, which works out to a compound annual growth rate of 6.2%. In the June 2026 quarter, revenue grew 3.4% year on year to Rs 1,161 crore. The company has a return on equity of 12.2%, a debt to equity ratio of 0.28 and a market capitalisation of Rs 32,227 crore. The stock trades at a P/E of 47.4, below the industry P/E of 48.1. Looking ahead, the shipyard has built India’s first indigenous aircraft carrier and is expanding with a new dry dock and an international ship repair facility. Orders from European customers for specialised vessels and a growing repair business add to the mix.
How has NMDC performed financially?
Ans. Revenue rose from Rs 26,683 crore in FY22 to Rs 33,559 crore in FY26, a compound annual growth rate of 5.9%. Net profit grew from Rs 5,538 crore in FY23 to Rs 7,415 crore in FY26, which works out to a compound annual growth rate of 10.2%. In the June 2026 quarter, revenue grew 1.5% year on year to Rs 7,143 crore, while net profit rose 1.9% to Rs 2,006 crore. The company has a return on equity of 21.9%, a debt to equity ratio of 0.19 and a market capitalisation of Rs 61,921 crore. The stock trades at a P/E of 8.3, below the industry P/E of 9.9. Looking ahead, the company plans to raise production capacity to meet the country’s growing steel demand and has a debt-free balance sheet that supports its mining expansion. Its low-cost iron ore and new mineral projects give it multiple growth options.
What risks should investors check before buying EHV cable, shipyard and iron ore stocks?
Ans. Investors should check a few risks before buying EHV cable, shipyard and iron ore stocks. Order timing. Project awards can shift between periods. Commodity prices. Selling prices follow global and domestic markets. 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 EHV cable, shipyard and iron ore stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 5 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.
