3 Smart Meter, Integrated Power and Crane Maker Stocks With a Strong Future Roadmap: HPL Electric & Power, Torrent Power and Action Construction Equipment
- October 16, 2026
- Posted by: Ankit Jaiswal
- Category: Best Stocks
HPL Electric Rs 264.15, P/E 18.03. Torrent Power Rs 1,240.30, P/E 25.60. ACE Rs 1,197.00, P/E 32.26. Closing prices of 14 Oct 2026.
Quick Answer
Smart meter, integrated power and crane maker stocks with the clearest long-term roadmaps today include HPL Electric in smart meters, switchgear, lighting and wiring products, Torrent Power in power generation from thermal, gas and renewable plants and electricity distribution in cities such as Ahmedabad, Surat and Agra and ACE in mobile cranes, tower cranes and backhoe loaders, along with agricultural equipment. P/E stands at 18.03 for HPL Electric (industry 47.09), 25.60 for Torrent Power (industry 22.17) and 32.26 for ACE (industry 47.18). Demand cycles, input costs and valuation decide how much of that growth the market keeps paying for, so each company’s risks need equal attention.
Smart meter, integrated power and crane maker stocks give investors exposure to meters, power supply and lifting equipment for homes and infrastructure. Order flow, network additions and execution decide how much of that demand turns into profit.
This list covers three smart meter, integrated power and crane maker stocks: HPL Electric & Power for smart meters, switchgear, lighting and wiring products, Torrent Power for power generation from thermal, gas and renewable plants and electricity distribution in cities such as Ahmedabad, Surat and Agra and Action Construction Equipment for mobile cranes, tower cranes and backhoe loaders, along with agricultural equipment. Every figure comes from the latest reported financials and the 14 October 2026 market close. Companies without complete current figures were left out.
Click Here – Get Free Investment Predictions
What Are Smart Meter, Integrated Power and Crane Maker Stocks?
Smart meter, integrated power and crane maker stocks are shares of companies that make power equipment, run grids or fund projects. Results depend on order flow, network additions and execution, so execution and margins separate the stronger names.
Smart Meter, Integrated Power and Crane Maker Stocks at a Glance
The table compares size, valuation, return on equity and debt for the three smart meter, integrated power and crane maker stocks as of the 14 Oct 2026 close.
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE | Debt to Equity |
|---|---|---|---|---|---|---|
| HPL Electric & Power | 264.15 | 1,649 | 18.03 | 47.09 | 9.10% | 0.75 |
| Torrent Power | 1,240.30 | 61,176 | 25.60 | 22.17 | 12.67% | 0.73 |
| Action Construction Equipment | 1,197.00 | 14,096 | 32.26 | 47.18 | 20.64% | 0.00 |
Among power and engineering stocks, Torrent Power trades at a premium to the industry P/E, while HPL Electric and ACE trade at a discount.
Why Do Smart Meter, Integrated Power and Crane Maker Stocks Have a Strong Roadmap in India?
Smart meter, integrated power and crane maker stocks have a strong roadmap in India because smart meter rollouts, rising power use and infrastructure building keep adding orders for these firms. Three drivers stand out.
- Smart meters: Utilities replace old meters with smart versions.
- Power demand: Cities draw more electricity every year.
- Infrastructure building: Road and building projects use cranes.
HPL Electric & Power: Smart Meters and Switchgear Anchor the Roadmap
HPL Electric’s roadmap rests on smart meters, switchgear, lighting and wiring products, with the smart meter rollout supporting orders.
Revenue grew from Rs 1,018.15 crore in FY22 to Rs 1,815.93 crore in FY26, a 78.4% rise, and FY26 revenue was 6.5% higher than FY25. FY26 net profit was Rs 91.25 crore. In Q1 FY27, revenue grew 34.7% to Rs 517.40 crore, and net profit rose 1.1% to Rs 18.69 crore. Operating margin was 15.51% in FY26.
Debt to equity is 0.75 and return on equity is 9.10%. FY26 operating cash flow was Rs 226.48 crore against capital expenditure of Rs 182.81 crore. HPL Electric paid a dividend of Rs 1 per share for FY26, a yield of 0.39%. At a P/E of 18.03 against an industry P/E of 47.09, the stock trades below its industry multiple.
What to watch: The P/E of 18.03 against an industry P/E of 47.09 leaves valuation less stretched, so the next quarters’ growth is the figure to follow.
Torrent Power: Generation, Distribution and Renewables Anchor the Roadmap
Torrent Power’s roadmap rests on power generation from thermal, gas and renewable plants and electricity distribution in cities such as Ahmedabad, Surat and Agra, with distribution franchises and renewable additions supporting earnings.
Revenue grew from Rs 14,492.65 crore in FY22 to Rs 29,288.92 crore in FY26, a 102.1% rise. FY26 net profit was Rs 2,469.36 crore. In Q1 FY27, revenue grew 2.4% to Rs 8,204.81 crore. Operating margin was 20.21% in FY26.
Debt to equity is 0.73 and return on equity is 12.67%. FY26 operating cash flow was Rs 5,464.17 crore against capital expenditure of Rs 7,704.63 crore. Torrent Power paid a dividend of Rs 20 per share for FY26, a yield of 1.65%. At a P/E of 25.60 against an industry P/E of 22.17, the stock trades above its industry multiple.
What to watch: The P/E of 25.60 is a modest premium to the industry P/E of 22.17, so the next quarters’ growth is the figure to follow.
Action Construction Equipment: Cranes and Material Handling Machines Anchor the Roadmap
ACE’s roadmap rests on mobile cranes, tower cranes and backhoe loaders, along with agricultural equipment, with infrastructure spending and local sourcing supporting equipment demand.
Revenue grew from Rs 1,640.36 crore in FY22 to Rs 3,390.50 crore in FY26, a 106.7% rise. FY26 net profit rose 1.4% to Rs 415.10 crore. Over four years, net profit rose from Rs 105.00 crore in FY22 to Rs 415.10 crore. In Q1 FY27, revenue grew 19.5% to Rs 840.29 crore, and net profit rose 22.3% to Rs 119.49 crore. Operating margin was 18.72% in FY26.
Debt to equity is 0.00 and return on equity is 20.64%. FY26 operating cash flow was Rs 417.25 crore against capital expenditure of Rs 93.26 crore. At a P/E of 32.26 against an industry P/E of 47.18, the stock trades below its industry multiple.
What to watch: The P/E of 32.26 against an industry P/E of 47.18 leaves valuation less stretched, so the next quarters’ growth is the figure to follow.
Best Smart Meter, Integrated Power and Crane Maker Stocks in India: HPL Electric vs Torrent Power vs ACE on Key Financials
Among the best smart meter, integrated power and crane maker stocks in India, HPL Electric leads on Q1 FY27 revenue growth and the lowest P/E; Torrent Power leads on FY26 operating margin and dividend yield; ACE leads on return on equity and the lowest debt to equity. The table puts the numbers side by side.
| Metric | HPL Electric | Torrent Power | ACE |
|---|---|---|---|
| FY26 revenue (Rs Cr) | 1,815.93 | 29,288.92 | 3,390.50 |
| FY26 net profit (Rs Cr) | 91.25 | 2,469.36 | 415.10 |
| FY26 operating profit margin | 15.51% | 20.21% | 18.72% |
| Q1 FY27 revenue growth (YoY) | 34.7% | 2.4% | 19.5% |
| Return on equity | 9.10% | 12.67% | 20.64% |
| P/E ratio | 18.03 | 25.60 | 32.26 |
| Debt to equity | 0.75 | 0.73 | 0.00 |
| Dividend yield | 0.39% | 1.65% | 0.00% |
| FY26 operating cash flow (Rs Cr) | 226.48 | 5,464.17 | 417.25 |
Power and engineering earnings follow order flow, network additions and execution, so full-year numbers and quarterly trends together give a better view.
How to Evaluate Smart Meter, Integrated Power and Crane Maker Stocks to Buy Before You Invest
A short checklist keeps the research consistent when you screen smart meter, integrated power and crane maker stocks and shortlist smart meter, integrated power and crane maker stocks to buy.
- Compare each stock’s P/E with its industry P/E, which differs by company here.
- Check operating margin, debt and cash flow together.
- Check whether revenue growth is turning into profit growth, not only sales.
- Read operating cash flow against capital expenditure to see how growth is funded.
- Watch debt to equity and interest cover before sizing a position.
- Spread exposure across companies and business lines instead of one demand cycle.
Risks to Consider Before Investing in Smart Meter, Integrated Power and Crane Maker Stocks
- Order timing: Delays in customer projects can shift revenue between quarters.
- Government spending: Changes in public budgets can affect orders.
- Quarterly trends: A single weak quarter can change near-term earnings, so track results every quarter.
Download the Univest iOS App or Univest Android App to track HPL Electric, Torrent Power and ACE live.
Final Take: Which Stock Has the Strongest Roadmap?
These three power and engineering stocks cover smart meters, integrated power and cranes. HPL Electric leads on Q1 FY27 revenue growth and the lowest P/E; Torrent Power leads on FY26 operating margin and dividend yield; ACE leads on return on equity and the lowest debt to equity.
Across smart meter, integrated power and crane maker stocks, each roadmap still has to turn growth into steady profit, so independent research and position sizing matter. Investors should consult a SEBI-registered advisor before acting on any of the smart meter, integrated power and crane maker stocks to buy discussed here.
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).
FAQs on Smart Meter, Integrated Power and Crane Maker Stocks
Which are the best smart meter, integrated power and crane maker stocks in India with a strong roadmap?
Ans. HPL Electric & Power, Torrent Power and Action Construction Equipment stand out for their roadmaps in smart meters, integrated power and cranes. Return on equity ranges from 9.10% to 20.64%.
Is HPL Electric & Power a good stock to buy now?
Ans. HPL Electric & Power has a debt to equity ratio of 0.75, a return on equity of 9.10% and a P/E of 18.03 against an industry P/E of 47.09. Valuation, order flow and execution move results. This article is not investment advice, so consult a SEBI-registered advisor before deciding.
What is the P/E ratio of HPL Electric, Torrent Power and ACE?
Ans. The P/E ratio is 18.03 for HPL Electric (industry 47.09), 25.60 for Torrent Power (industry 22.17) and 32.26 for ACE (industry 47.18). Only Torrent Power trades at or above the industry multiple.
Which of these smart meter, integrated power and crane maker stocks has the highest return on equity?
Ans. Action Construction Equipment has the highest return on equity at 20.64%, followed by Torrent Power at 12.67% and HPL Electric & Power at 9.10%.
What are the risks of investing in smart meter, integrated power and crane maker stocks?
Ans. The main risks are order timing, government spending and quarterly trends. Delays in customer projects can shift revenue between quarters.
How did HPL Electric, Torrent Power and ACE perform in Q1 FY27?
Ans. HPL Electric & Power reported revenue of Rs 517.40 crore, up 34.7% year on year, and net profit rose 1.1% to Rs 18.69 crore. Torrent Power reported revenue of Rs 8,204.81 crore, up 2.4% year on year. Action Construction Equipment reported revenue of Rs 840.29 crore, up 19.5% year on year, and net profit rose 22.3% to Rs 119.49 crore.
Do smart meter, integrated power and crane maker stocks pay dividends?
Ans. HPL Electric and Torrent Power pay dividends. The dividend yield is 0.39% for HPL Electric and 1.65% for Torrent Power, based on dividends declared for FY26.
How can I invest in smart meter, integrated power and crane maker stocks in India?
Ans. You can buy smart meter, integrated power and crane maker stocks through a demat and trading account on NSE or BSE after checking each company’s financials, margins and valuation. The Univest Screener lets you compare fundamentals before placing an order. Investments in securities are subject to market risk, so consider your risk profile first.
