3 Wires and Cables Maker, Electronics Manufacturing Services Company and Cigarettes and Confectionery Company Stocks With a Strong Future Roadmap: Polycab India, Syrma SGS Technology and Godfrey Phillips India
- November 4, 2026
- Posted by: Kunal Singla
- Category: Best Stocks
Polycab India, Syrma SGS Technology and Godfrey Phillips India: ROE of 11.1% to 24.6% and FY22 to FY26 revenue CAGR of 23.9% to 39.4%. Prices as of 3 Nov 2026.
Quick Answer
The three cable, electronics and tobacco stocks to watch are Polycab India, Syrma SGS Technology and Godfrey Phillips India. Their return on equity ranges from 11.1% to 24.6%, and their revenue compound annual growth from FY22 to FY26 ranges from 23.9% to 39.4%. Godfrey Phillips India has the highest return on equity at 24.6%, while Syrma SGS Technology has the fastest revenue growth at 39.4% a year. Prices are based on the 3 November 2026 close, and this article is educational, not investment advice.
Cable, electronics and tobacco stocks bring together companies with a visible plan for the years ahead. Polycab India, Syrma SGS Technology and Godfrey Phillips India cover a wires and cables maker, an electronics manufacturing services company and a cigarettes and confectionery company.
This list covers three cable, electronics and tobacco stocks with complete current figures: Polycab India, Syrma SGS Technology and Godfrey Phillips India. Every figure comes from the latest reported financials and the 3 November 2026 market close. Companies without complete current figures were left out.
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What Are Cable, Electronics and Tobacco Stocks?
Cable, electronics and tobacco stocks are listed companies that make wires, cables, fans and lighting, produce printed circuit boards and electronic products for industry, and make cigarettes and tobacco products while also selling confectionery and retail goods. Their earnings depend on housing and grid spend, electronics demand and consumer spending.
Cable, Electronics and Tobacco Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Polycab India | 7,837 | 115,291 | 36.0 | 42.9 | 24.1 | 0.02 |
| Syrma SGS Technology | 1,491 | 29,841 | 74.3 | 73.6 | 11.1 | 0.14 |
| Godfrey Phillips India | 1,735 | 28,186 | 20.6 | 18.6 | 24.6 | 0.04 |
On valuation, Polycab India trades at a P/E below the industry P/E, while Syrma SGS Technology and Godfrey Phillips India trade above it, which reflects the growth the market already expects. Readers comparing cable, electronics and tobacco stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.
Why Do Cable, Electronics and Tobacco Stocks Have a Strong Roadmap in India?
Cable, electronics and tobacco stocks have a strong roadmap in India because housing and grid investment, local electronics production and steady consumer spending keep widening the market for these companies.
- Wires and cables. Buildings and grids need more cabling.
- Electronics manufacturing. Local production serves industry brands.
- Consumer goods. Established brands see steady demand.
Why Polycab India Features Among These Cable, Electronics and Tobacco Stocks
Among the cable, electronics and tobacco stocks on this list, Polycab India is a leading maker of wires and cables, with a growing range of fast moving electrical goods that includes fans, lighting, switches and switchgear, and a project business in engineering and procurement.
The company has a return on equity of 24.1%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 115,291 crore. The stock trades at a P/E of 36.0, below the industry P/E of 42.9.
Revenue rose from Rs 12,294 crore in FY22 to Rs 29,120 crore in FY26, a compound annual growth rate of 24.1%. Net profit grew from Rs 845 crore in FY22 to Rs 2,708 crore in FY26, which works out to a compound annual growth rate of 33.8%.
Roadmap: Spending on housing, power networks and industry is lifting demand for cables, while the company is deepening its presence in consumer electricals through its dealer network. Capacity additions help it serve both retail and project customers.
What to watch: Monitor cable volumes and the growth of its consumer electricals range.
Why Syrma SGS Technology Features Among These Cable, Electronics and Tobacco Stocks
Among the electrical, electronics and consumer shares on this list, Syrma SGS Technology is an electronics manufacturing services company that makes printed circuit boards, box builds and electronic products for industrial, automotive, healthcare and consumer customers.
Revenue rose from Rs 1,284 crore in FY22 to Rs 4,857 crore in FY26, a compound annual growth rate of 39.4%. Net profit grew from Rs 76.4 crore in FY22 to Rs 346 crore in FY26, which works out to a compound annual growth rate of 45.8%.
The company has a return on equity of 11.1%, a debt to equity ratio of 0.14 and a market capitalisation of Rs 29,841 crore. The stock trades at a P/E of 74.3, above the industry P/E of 73.6.
Roadmap: The company benefits from the shift of electronics manufacturing to India, supported by government incentives. It is adding capacity and new capabilities in areas such as RFID, magnetics and printed circuit boards.
What to watch: Check order inflow from new customers and the ramp-up of new manufacturing lines.
Why Godfrey Phillips India Features Among These Cable, Electronics and Tobacco Stocks
Among the three companies on this list, Godfrey Phillips India makes cigarettes and tobacco products under brands such as Four Square and Cavanders, and also sells confectionery and retails through its subsidiaries.
Revenue rose from Rs 2,802 crore in FY22 to Rs 6,596 crore in FY26, a compound annual growth rate of 23.9%. Net profit grew from Rs 438 crore in FY22 to Rs 1,525 crore in FY26, which works out to a compound annual growth rate of 36.6%.
The company has a return on equity of 24.6%, a debt to equity ratio of 0.04 and a market capitalisation of Rs 28,186 crore. The stock trades at a P/E of 20.6, above the industry P/E of 18.6.
Roadmap: The company has strong brands in the premium and mid-price segments and has widened its product range and distribution. Export sales and investments in retail and other businesses broaden its income sources.
What to watch: Monitor volume trends and policy changes on tobacco taxation.
Polycab India vs Syrma SGS Technology vs Godfrey Phillips India on Key Financials
The table below sets the three cable, electronics and tobacco 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 |
|---|---|---|---|---|---|
| Polycab India | 12,294 | 29,120 | 24.1% | 2,708 | 9.3% |
| Syrma SGS Technology | 1,284 | 4,857 | 39.4% | 346 | 7.1% |
| Godfrey Phillips India | 2,802 | 6,596 | 23.9% | 1,525 | 23.1% |
Godfrey Phillips India posts the highest return on equity in this group at 24.6%. Polycab India has the largest FY26 revenue at Rs 29,120 crore, and Syrma SGS Technology shows the fastest revenue growth with a 39.4% compound annual rate. A useful habit with cable, electronics and tobacco stocks is to check each new quarterly result against the capacity plans the company described earlier.
Key Risks to Check Before Investing in Cable, Electronics and Tobacco Stocks
Every theme carries risks that deserve a check before any decision. For these cable, electronics and tobacco stocks, the main points are:
- Input costs. Metal and material prices can move margins.
- Consumer spending. Sales follow festivals, incomes and consumer mood.
- 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 cable, electronics and tobacco stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Cable, Electronics and Tobacco Stocks
Cable, electronics and tobacco stocks suit investors who prefer to study business strength before price moves. Polycab India, Syrma SGS Technology and Godfrey Phillips India each have a clear plan to grow. Based on the 3 November 2026 close, Polycab India trades at Rs 7,837, Syrma SGS Technology at Rs 1,491 and Godfrey Phillips India at Rs 1,735.
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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 cable, electronics and tobacco stocks?
Ans. Cable, electronics and tobacco stocks are listed companies that make wires, cables, fans and lighting, produce printed circuit boards and electronic products for industry, and make cigarettes and tobacco products while also selling confectionery and retail goods. Their earnings depend on housing and grid spend, electronics demand and consumer spending. This list looks at three of them, Polycab India, Syrma SGS Technology and Godfrey Phillips India, using reported FY22 to FY26 financials and the 3 November 2026 closing prices.
Which cable, electronics and tobacco stocks are covered in this list?
Ans. This list covers Polycab India, Syrma SGS Technology and Godfrey Phillips India. Based on the 3 November 2026 close, Polycab India traded at Rs 7,837, Syrma SGS Technology at Rs 1,491 and Godfrey Phillips India at Rs 1,735. Their return on equity ranges from 11.1% to 24.6%, and their revenue compound annual growth from FY22 to FY26 ranges from 23.9% to 39.4%.
Why do cable, electronics and tobacco stocks have a strong future roadmap in India?
Ans. Cable, electronics and tobacco stocks have a strong roadmap in India because housing and grid investment, local electronics production and steady consumer spending keep widening the market for these companies. The main drivers are as follows. Wires and cables. Buildings and grids need more cabling. Electronics manufacturing. Local production serves industry brands. Consumer goods. Established brands see steady demand. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Polycab India performed financially?
Ans. Revenue rose from Rs 12,294 crore in FY22 to Rs 29,120 crore in FY26, a compound annual growth rate of 24.1%. Net profit grew from Rs 845 crore in FY22 to Rs 2,708 crore in FY26, which works out to a compound annual growth rate of 33.8%. The company has a return on equity of 24.1%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 115,291 crore. The stock trades at a P/E of 36.0, below the industry P/E of 42.9. Looking ahead, spending on housing, power networks and industry is lifting demand for cables, while the company is deepening its presence in consumer electricals through its dealer network. Capacity additions help it serve both retail and project customers.
How has Syrma SGS Technology performed financially?
Ans. Revenue rose from Rs 1,284 crore in FY22 to Rs 4,857 crore in FY26, a compound annual growth rate of 39.4%. Net profit grew from Rs 76.4 crore in FY22 to Rs 346 crore in FY26, which works out to a compound annual growth rate of 45.8%. The company has a return on equity of 11.1%, a debt to equity ratio of 0.14 and a market capitalisation of Rs 29,841 crore. The stock trades at a P/E of 74.3, above the industry P/E of 73.6. Looking ahead, the company benefits from the shift of electronics manufacturing to India, supported by government incentives. It is adding capacity and new capabilities in areas such as RFID, magnetics and printed circuit boards.
How has Godfrey Phillips India performed financially?
Ans. Revenue rose from Rs 2,802 crore in FY22 to Rs 6,596 crore in FY26, a compound annual growth rate of 23.9%. Net profit grew from Rs 438 crore in FY22 to Rs 1,525 crore in FY26, which works out to a compound annual growth rate of 36.6%. The company has a return on equity of 24.6%, a debt to equity ratio of 0.04 and a market capitalisation of Rs 28,186 crore. The stock trades at a P/E of 20.6, above the industry P/E of 18.6. Looking ahead, the company has strong brands in the premium and mid-price segments and has widened its product range and distribution. Export sales and investments in retail and other businesses broaden its income sources.
What risks should investors check before buying cable, electronics and tobacco stocks?
Ans. Investors should check a few risks before buying cable, electronics and tobacco stocks. Input costs. Metal and material prices can move margins. Consumer spending. Sales follow festivals, incomes and consumer mood. 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 cable, electronics and tobacco stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 3 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.
