3 Power Equipment Maker, Buses and Auto Components Maker and Digital IT Services Company Stocks With a Strong Future Roadmap: CG Power and Industrial Solutions, JBM Auto and LTM
- November 13, 2026
- Posted by: Harsh Piplani
- Category: Best Stocks
CG Power and Industrial Solutions, JBM Auto and LTM: ROE of 14.2% to 20.2% and FY22 to FY26 revenue CAGR of 12.7% to 23.1%. Prices as of 12 Nov 2026.
Quick Answer
The three power equipment, bus maker and IT stocks to watch are CG Power and Industrial Solutions, JBM Auto and LTM. Their return on equity ranges from 14.2% to 20.2%, and their revenue compound annual growth from FY22 to FY26 ranges from 12.7% to 23.1%. LTM has the highest return on equity at 20.2%, while CG Power and Industrial Solutions has the fastest revenue growth at 23.1% a year. Prices are based on the 12 November 2026 close, and this article is educational, not investment advice.
Power equipment, bus maker and IT stocks bring together companies with a visible plan for the years ahead. CG Power and Industrial Solutions, JBM Auto and LTM cover a power equipment maker, a buses and auto components maker and a digital IT services company.
This list covers three power equipment, bus maker and IT stocks with complete current figures: CG Power and Industrial Solutions, JBM Auto and LTM. Every figure comes from the latest reported financials and the 12 November 2026 market close. Companies without complete current figures were left out.
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What Are Power Equipment, Bus Maker and IT Stocks?
Power equipment, bus maker and IT stocks are listed companies that make transformers, motors, switchgear and railway equipment, make buses, electric buses and sheet metal components for vehicles, and provide IT, engineering and digital services to global clients. Their earnings depend on grid and industrial investment, bus and vehicle orders and client technology budgets.
Power Equipment, Bus Maker and IT Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| CG Power and Industrial Solutions | 821.75 | 134,561 | 108.5 | 43.9 | 15.1 | 0.01 |
| JBM Auto | 502.55 | 12,533 | 51.5 | 36.9 | 14.2 | 1.97 |
| LTM | 4,304 | 120,479 | 23.2 | 17.6 | 20.2 | 0.09 |
On valuation, all three trade at a P/E above their industry P/E, which reflects the growth the market already expects from them. Readers comparing power equipment, bus maker and IT 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 power equipment, bus maker and IT stocks can use the coming numbers to test whether growth is holding.
Why Do Power Equipment, Bus Maker and IT Stocks Have a Strong Roadmap in India?
Power equipment, bus maker and IT stocks have a strong roadmap in India because heavy grid and rail investment, a push for electric public transport and wider enterprise adoption of digital services keep widening the market for these companies.
- Power equipment. Grids and railways need reliable machines.
- Buses and components. Cities add electric buses.
- IT services. Clients invest in digital engineering.
Why CG Power and Industrial Solutions Features Among These Power Equipment, Bus Maker and IT Stocks
Among the power equipment, bus maker and IT stocks on this list, CG Power and Industrial Solutions makes transformers, motors, switchgear, drives and railway equipment for utilities, industry and railways, and has also entered semiconductor packaging.
Revenue rose from Rs 5,521 crore in FY22 to Rs 12,662 crore in FY26, a compound annual growth rate of 23.1%. Net profit grew from Rs 630 crore in FY22 to Rs 1,197 crore in FY26, which works out to a compound annual growth rate of 17.4%.
In the June 2026 quarter, revenue grew 15.8% year on year to Rs 3,364 crore, while net profit rose 15.5% to Rs 308 crore. The company has a return on equity of 15.1%, a debt to equity ratio of 0.01 and a market capitalisation of Rs 134,561 crore. The stock trades at a P/E of 108.5, above the industry P/E of 43.9.
Roadmap: The company is growing in power systems and industrial systems on the back of grid expansion and factory investment. It has built an outsourced semiconductor assembly and test plant, which opens a new technology line.
What to watch: Monitor the ramp-up of its semiconductor facility and order intake in power systems.
Why JBM Auto Features Among These Power Equipment, Bus Maker and IT Stocks
Among the transformer, electric bus and software shares on this list, JBM Auto makes sheet metal components, tooling, and buses, and is a significant supplier of electric buses and sheet metal parts to leading vehicle makers.
In the June 2026 quarter, revenue grew 13.9% year on year to Rs 1,474 crore, while net profit rose 13.4% to Rs 44.3 crore. Revenue rose from Rs 3,214 crore in FY22 to Rs 6,227 crore in FY26, a compound annual growth rate of 18.0%.
Net profit grew from Rs 156 crore in FY22 to Rs 238 crore in FY26, which works out to a compound annual growth rate of 11.1%. The company has a return on equity of 14.2%, a debt to equity ratio of 1.97 and a market capitalisation of Rs 12,533 crore. The stock trades at a P/E of 51.5, above the industry P/E of 36.9.
Roadmap: The company has secured large orders for electric buses under city transport programmes and supplies body and chassis components to passenger vehicle and commercial vehicle makers. Its manufacturing scale supports growth in both businesses.
What to watch: Track electric bus deliveries and the progress of orders under city bus programmes.
Why LTM Features Among These Power Equipment, Bus Maker and IT Stocks
Among the three companies on this list, LTM, formerly LTIMindtree, is a Mumbai-based global technology consulting and digital solutions company that serves banking, insurance, manufacturing, healthcare and other industries.
The company has a return on equity of 20.2%, a debt to equity ratio of 0.09 and a market capitalisation of Rs 120,479 crore. The stock trades at a P/E of 23.2, above the industry P/E of 17.6.
Revenue rose from Rs 26,874 crore in FY22 to Rs 43,402 crore in FY26, a compound annual growth rate of 12.7%. Net profit grew from Rs 3,950 crore in FY22 to Rs 4,983 crore in FY26, which works out to a compound annual growth rate of 6.0%.
Roadmap: The company is focused on cloud, data and artificial intelligence projects and on winning larger transformation deals from existing clients. Its link with the Larsen and Toubro group helps it reach large enterprise customers.
What to watch: Track deal wins, client additions and utilisation levels.
CG Power and Industrial Solutions vs JBM Auto vs LTM on Key Financials
The table below sets the three power equipment, bus maker and IT 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 |
|---|---|---|---|---|---|
| CG Power and Industrial Solutions | 5,521 | 12,662 | 23.1% | 1,197 | 9.5% |
| JBM Auto | 3,214 | 6,227 | 18.0% | 238 | 3.8% |
| LTM | 26,874 | 43,402 | 12.7% | 4,983 | 11.5% |
LTM posts the highest return on equity in this group at 20.2%. LTM has the largest FY26 revenue at Rs 43,402 crore, and CG Power and Industrial Solutions shows the fastest revenue growth with a 23.1% compound annual rate. A useful habit with power equipment, bus maker and IT stocks is to check each new quarterly result against the capacity plans the company described earlier.
Key Risks to Check Before Investing in Power Equipment, Bus Maker and IT Stocks
Every theme carries risks that deserve a check before any decision. For these power equipment, bus maker and IT stocks, the main points are: Long-term transformer, electric bus and software shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Component costs. Copper, chips and other inputs can move margins.
- Government spending. Public project funding can shift between periods.
- Client spending. Technology budgets can vary with global conditions.
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 power equipment, bus maker and IT stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Power Equipment, Bus Maker and IT Stocks
Power equipment, bus maker and IT stocks suit investors who prefer to study business strength before price moves. CG Power and Industrial Solutions, JBM Auto and LTM each have a clear plan to grow. Based on the 12 November 2026 close, CG Power and Industrial Solutions trades at Rs 821.75, JBM Auto at Rs 502.55 and LTM at Rs 4,304. Valuation matters as much as growth, so compare each company’s P/E with its industry P/E before adding any of these power equipment, bus maker and IT 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 power equipment, bus maker and IT stocks?
Ans. Power equipment, bus maker and IT stocks are listed companies that make transformers, motors, switchgear and railway equipment, make buses, electric buses and sheet metal components for vehicles, and provide IT, engineering and digital services to global clients. Their earnings depend on grid and industrial investment, bus and vehicle orders and client technology budgets. This list looks at three of them, CG Power and Industrial Solutions, JBM Auto and LTM, using reported FY22 to FY26 financials and the 12 November 2026 closing prices.
Which power equipment, bus maker and IT stocks are covered in this list?
Ans. This list covers CG Power and Industrial Solutions, JBM Auto and LTM. Based on the 12 November 2026 close, CG Power and Industrial Solutions traded at Rs 821.75, JBM Auto at Rs 502.55 and LTM at Rs 4,304. Their return on equity ranges from 14.2% to 20.2%, and their revenue compound annual growth from FY22 to FY26 ranges from 12.7% to 23.1%.
Why do power equipment, bus maker and IT stocks have a strong future roadmap in India?
Ans. Power equipment, bus maker and IT stocks have a strong roadmap in India because heavy grid and rail investment, a push for electric public transport and wider enterprise adoption of digital services keep widening the market for these companies. The main drivers are as follows. Power equipment. Grids and railways need reliable machines. Buses and components. Cities add electric buses. IT services. Clients invest in digital engineering. Together these factors give the companies on this list a visible path for growth over the coming years.
How has CG Power and Industrial Solutions performed financially?
Ans. Revenue rose from Rs 5,521 crore in FY22 to Rs 12,662 crore in FY26, a compound annual growth rate of 23.1%. Net profit grew from Rs 630 crore in FY22 to Rs 1,197 crore in FY26, which works out to a compound annual growth rate of 17.4%. In the June 2026 quarter, revenue grew 15.8% year on year to Rs 3,364 crore, while net profit rose 15.5% to Rs 308 crore. The company has a return on equity of 15.1%, a debt to equity ratio of 0.01 and a market capitalisation of Rs 134,561 crore. The stock trades at a P/E of 108.5, above the industry P/E of 43.9. Looking ahead, the company is growing in power systems and industrial systems on the back of grid expansion and factory investment. It has built an outsourced semiconductor assembly and test plant, which opens a new technology line.
How has JBM Auto performed financially?
Ans. Revenue rose from Rs 3,214 crore in FY22 to Rs 6,227 crore in FY26, a compound annual growth rate of 18.0%. Net profit grew from Rs 156 crore in FY22 to Rs 238 crore in FY26, which works out to a compound annual growth rate of 11.1%. In the June 2026 quarter, revenue grew 13.9% year on year to Rs 1,474 crore, while net profit rose 13.4% to Rs 44.3 crore. The company has a return on equity of 14.2%, a debt to equity ratio of 1.97 and a market capitalisation of Rs 12,533 crore. The stock trades at a P/E of 51.5, above the industry P/E of 36.9. Looking ahead, the company has secured large orders for electric buses under city transport programmes and supplies body and chassis components to passenger vehicle and commercial vehicle makers. Its manufacturing scale supports growth in both businesses.
How has LTM performed financially?
Ans. Revenue rose from Rs 26,874 crore in FY22 to Rs 43,402 crore in FY26, a compound annual growth rate of 12.7%. Net profit grew from Rs 3,950 crore in FY22 to Rs 4,983 crore in FY26, which works out to a compound annual growth rate of 6.0%. The company has a return on equity of 20.2%, a debt to equity ratio of 0.09 and a market capitalisation of Rs 120,479 crore. The stock trades at a P/E of 23.2, above the industry P/E of 17.6. Looking ahead, the company is focused on cloud, data and artificial intelligence projects and on winning larger transformation deals from existing clients. Its link with the Larsen and Toubro group helps it reach large enterprise customers.
What risks should investors check before buying power equipment, bus maker and IT stocks?
Ans. Investors should check a few risks before buying power equipment, bus maker and IT stocks. Component costs. Copper, chips and other inputs can move margins. Government spending. Public project funding can shift between periods. Client spending. Technology budgets can vary with global conditions. 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 power equipment, bus maker and IT stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 12 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.
