{"id":303388,"date":"2026-10-13T09:18:40","date_gmt":"2026-10-13T03:48:40","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=303388"},"modified":"2026-10-13T09:18:40","modified_gmt":"2026-10-13T03:48:40","slug":"electrical-component-telecom-infrastructure-and-power-utility-stocks-forward-growth-shortlist","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/electrical-component-telecom-infrastructure-and-power-utility-stocks-forward-growth-shortlist\/","title":{"rendered":"3 Electrical Component, Telecom Infrastructure and Power Utility Stocks With a Strong Future Roadmap: Salzer Electronics, Pace Digitek and CESC"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Salzer Electronics Rs 501.15, P\/E 20.12. Pace Digitek Rs 165.42, P\/E 11.08. CESC Rs 136.27, P\/E 10.48. Closing prices of 12 Oct 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Electrical component, telecom infrastructure and power utility stocks with the clearest long-term roadmaps today include Salzer Electronics in switches, control gear and cables for industrial users, Pace Digitek in telecom infrastructure, solar and energy storage projects and CESC in electricity distribution in Kolkata with thermal and renewable generation. FY26 revenue growth was 23.6% at Salzer Electronics, 9.1% at Pace Digitek and 8.9% at CESC. P\/E stands at 20.12 for Salzer Electronics (industry 47.09), 11.08 for Pace Digitek (industry 18.50) and 10.48 for CESC (industry 22.17). Demand cycles, input costs and valuation decide how much of that growth the market keeps paying for, so each company&#8217;s risks need equal attention.<\/p>\n<\/p><\/div>\n<p>Electrical component, telecom infrastructure and power utility stocks give investors exposure to components, networks and electricity that industry and households depend on. Order flow, execution and tariffs decide how much of that demand turns into profit.<\/p>\n<p>This list covers three electrical component, telecom infrastructure and power utility stocks: Salzer Electronics for switches, control gear and cables for industrial users, Pace Digitek for telecom infrastructure, solar and energy storage projects and CESC for electricity distribution in Kolkata with thermal and renewable generation. Every figure comes from the latest reported financials and the 12 October 2026 market close. Companies without complete current figures were left out.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=electrical-component-telecom-infrastructure-and-power-utility-stocks-forward-growth-shortlist\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/electrical-component-telecom-infrastructure-and-power-utility-stocks-forward-growth-shortlist\/#What_Are_Electrical_Component_Telecom_Infrastructure_and_Power_Utility_Stocks\" title=\"What Are Electrical Component, Telecom Infrastructure and Power Utility Stocks?\">What Are Electrical Component, Telecom Infrastructure and Power Utility Stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/electrical-component-telecom-infrastructure-and-power-utility-stocks-forward-growth-shortlist\/#Electrical_Component_Telecom_Infrastructure_and_Power_Utility_Stocks_at_a_Glance\" title=\"Electrical Component, Telecom Infrastructure and Power Utility Stocks at a Glance\">Electrical Component, Telecom Infrastructure and Power Utility Stocks at a Glance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/electrical-component-telecom-infrastructure-and-power-utility-stocks-forward-growth-shortlist\/#Why_Do_Electrical_Component_Telecom_Infrastructure_and_Power_Utility_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Electrical Component, Telecom Infrastructure and Power Utility Stocks Have a Strong Roadmap in India?\">Why Do Electrical Component, Telecom Infrastructure and Power Utility Stocks Have a Strong Roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/electrical-component-telecom-infrastructure-and-power-utility-stocks-forward-growth-shortlist\/#Salzer_Electronics_Electrical_Components_Build_the_Next_Leg\" title=\"Salzer Electronics: Electrical Components Build the Next Leg\">Salzer Electronics: Electrical Components Build the Next Leg<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/electrical-component-telecom-infrastructure-and-power-utility-stocks-forward-growth-shortlist\/#Pace_Digitek_Telecom_and_Energy_Projects_Anchor_the_Roadmap\" title=\"Pace Digitek: Telecom and Energy Projects Anchor the Roadmap\">Pace Digitek: Telecom and Energy Projects Anchor the Roadmap<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/electrical-component-telecom-infrastructure-and-power-utility-stocks-forward-growth-shortlist\/#CESC_Kolkata_Power_Distribution_Drives_the_Pipeline\" title=\"CESC: Kolkata Power Distribution Drives the Pipeline\">CESC: Kolkata Power Distribution Drives the Pipeline<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/electrical-component-telecom-infrastructure-and-power-utility-stocks-forward-growth-shortlist\/#Best_Electrical_Component_Telecom_Infrastructure_and_Power_Utility_Stocks_in_India_Salzer_Electronics_vs_Pace_Digitek_vs_CESC_on_Key_Financials\" title=\"Best Electrical Component, Telecom Infrastructure and Power Utility Stocks in India: Salzer Electronics vs Pace Digitek vs CESC on Key Financials\">Best Electrical Component, Telecom Infrastructure and Power Utility Stocks in India: Salzer Electronics vs Pace Digitek vs CESC on Key Financials<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/electrical-component-telecom-infrastructure-and-power-utility-stocks-forward-growth-shortlist\/#How_to_Evaluate_Electrical_Component_Telecom_Infrastructure_and_Power_Utility_Stocks_to_Buy_Before_You_Invest\" title=\"How to Evaluate Electrical Component, Telecom Infrastructure and Power Utility Stocks to Buy Before You Invest\">How to Evaluate Electrical Component, Telecom Infrastructure and Power Utility Stocks to Buy Before You Invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/electrical-component-telecom-infrastructure-and-power-utility-stocks-forward-growth-shortlist\/#Risks_to_Consider_Before_Investing_in_Electrical_Component_Telecom_Infrastructure_and_Power_Utility_Stocks\" title=\"Risks to Consider Before Investing in Electrical Component, Telecom Infrastructure and Power Utility Stocks\">Risks to Consider Before Investing in Electrical Component, Telecom Infrastructure and Power Utility Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/electrical-component-telecom-infrastructure-and-power-utility-stocks-forward-growth-shortlist\/#Final_Take_Which_Stock_Has_the_Strongest_Roadmap\" title=\"Final Take: Which Stock Has the Strongest Roadmap?\">Final Take: Which Stock Has the Strongest Roadmap?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/electrical-component-telecom-infrastructure-and-power-utility-stocks-forward-growth-shortlist\/#FAQs_on_Electrical_Component_Telecom_Infrastructure_and_Power_Utility_Stocks\" title=\"FAQs on Electrical Component, Telecom Infrastructure and Power Utility Stocks\">FAQs on Electrical Component, Telecom Infrastructure and Power Utility Stocks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/electrical-component-telecom-infrastructure-and-power-utility-stocks-forward-growth-shortlist\/#Which_are_the_best_electrical_component_telecom_infrastructure_and_power_utility_stocks_in_India_with_a_strong_roadmap\" title=\"Which are the best electrical component, telecom infrastructure and power utility stocks in India with a strong roadmap?\">Which are the best electrical component, telecom infrastructure and power utility stocks in India with a strong roadmap?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/electrical-component-telecom-infrastructure-and-power-utility-stocks-forward-growth-shortlist\/#Is_Salzer_Electronics_a_good_stock_to_buy_now\" title=\"Is Salzer Electronics a good stock to buy now?\">Is Salzer Electronics a good stock to buy now?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/electrical-component-telecom-infrastructure-and-power-utility-stocks-forward-growth-shortlist\/#What_is_the_PE_ratio_of_Salzer_Electronics_Pace_Digitek_and_CESC\" title=\"What is the P\/E ratio of Salzer Electronics, Pace Digitek and CESC?\">What is the P\/E ratio of Salzer Electronics, Pace Digitek and CESC?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/electrical-component-telecom-infrastructure-and-power-utility-stocks-forward-growth-shortlist\/#Which_of_these_electrical_component_telecom_infrastructure_and_power_utility_stocks_has_the_highest_return_on_equity\" title=\"Which of these electrical component, telecom infrastructure and power utility stocks has the highest return on equity?\">Which of these electrical component, telecom infrastructure and power utility stocks has the highest return on equity?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/electrical-component-telecom-infrastructure-and-power-utility-stocks-forward-growth-shortlist\/#What_are_the_risks_of_investing_in_electrical_component_telecom_infrastructure_and_power_utility_stocks\" title=\"What are the risks of investing in electrical component, telecom infrastructure and power utility stocks?\">What are the risks of investing in electrical component, telecom infrastructure and power utility stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/electrical-component-telecom-infrastructure-and-power-utility-stocks-forward-growth-shortlist\/#How_did_Salzer_Electronics_Pace_Digitek_and_CESC_perform_in_Q1_FY27\" title=\"How did Salzer Electronics, Pace Digitek and CESC perform in Q1 FY27?\">How did Salzer Electronics, Pace Digitek and CESC perform in Q1 FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/electrical-component-telecom-infrastructure-and-power-utility-stocks-forward-growth-shortlist\/#Do_electrical_component_telecom_infrastructure_and_power_utility_stocks_pay_dividends\" title=\"Do electrical component, telecom infrastructure and power utility stocks pay dividends?\">Do electrical component, telecom infrastructure and power utility stocks pay dividends?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/electrical-component-telecom-infrastructure-and-power-utility-stocks-forward-growth-shortlist\/#How_can_I_invest_in_electrical_component_telecom_infrastructure_and_power_utility_stocks_in_India\" title=\"How can I invest in electrical component, telecom infrastructure and power utility stocks in India?\">How can I invest in electrical component, telecom infrastructure and power utility stocks in India?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Electrical_Component_Telecom_Infrastructure_and_Power_Utility_Stocks\"><\/span><strong>What Are Electrical Component, Telecom Infrastructure and Power Utility Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Electrical component, telecom infrastructure and power utility stocks are shares of companies that make electrical parts, build telecom and energy projects or distribute power. Results depend on order flow, execution and tariffs, so execution and tariffs separate the stronger names.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Electrical_Component_Telecom_Infrastructure_and_Power_Utility_Stocks_at_a_Glance\"><\/span><strong>Electrical Component, Telecom Infrastructure and Power Utility Stocks at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table compares size, valuation, return on equity and debt for the three electrical component, telecom infrastructure and power utility stocks as of the 12 Oct 2026 close.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">CMP (Rs)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Industry P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">ROE<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Debt to Equity<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/salzerelec\/salzer-electronics-ltd-share-price-today\">Salzer Electronics<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">501.15<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">903<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">20.12<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">47.09<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">8.93%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.90<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/pacedigitk\/pace-digitek-ltd-share-price-today\">Pace Digitek<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">165.42<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">3,492<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">11.08<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">18.50<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">13.48%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.44<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/cesc\/cesc-ltd-share-price-today\">CESC<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">136.27<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">17,080<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">10.48<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">22.17<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">12.31%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1.73<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Among power and electricals stocks, all three trade at a discount to their industry P\/E multiples.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Do_Electrical_Component_Telecom_Infrastructure_and_Power_Utility_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Electrical Component, Telecom Infrastructure and Power Utility Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Electrical component, telecom infrastructure and power utility stocks have a strong roadmap in India because rising power use, network build-outs and the shift to cleaner energy keep adding work for component makers, project firms and utilities. Three drivers stand out.<\/p>\n<ul>\n<li><strong>Power demand:<\/strong> Homes and factories keep using more electricity.<\/li>\n<li><strong>Network build-out:<\/strong> Telecom and energy storage projects need steady execution.<\/li>\n<li><strong>Cleaner energy:<\/strong> Renewable capacity adds growth for utilities.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Salzer_Electronics_Electrical_Components_Build_the_Next_Leg\"><\/span><strong>Salzer Electronics: Electrical Components Build the Next Leg<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Salzer Electronics&#8217; roadmap rests on electrical and electronic components such as switches, control gear and cables for industrial and power customers, with a broad product range supporting revenue.<\/p>\n<p>Revenue grew from Rs 806.02 crore in FY22 to Rs 1,759.87 crore in FY26, a 118.3% rise, and FY26 revenue was 23.6% higher than FY25. FY26 net profit rose 4.8% to Rs 55.01 crore. Over four years, net profit rose from Rs 24.20 crore in FY22 to Rs 55.01 crore. In Q1 FY27, revenue grew 12.8% to Rs 498.43 crore. Operating margin was 8.45% in FY26.<\/p>\n<p>Debt to equity is 0.90 and return on equity is 8.93%. FY26 operating cash flow was Rs 46.48 crore against capital expenditure of Rs 59.00 crore. Salzer Electronics paid a dividend of Rs 2.5 per share for FY26, a yield of 0.49%. At a P\/E of 20.12 against an industry P\/E of 47.09, the stock trades below its industry multiple.<\/p>\n<p>What to watch: Net profit margin is only 3.1%, so small cost changes move earnings.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Pace_Digitek_Telecom_and_Energy_Projects_Anchor_the_Roadmap\"><\/span><strong>Pace Digitek: Telecom and Energy Projects Anchor the Roadmap<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Pace Digitek&#8217;s roadmap rests on telecom infrastructure, solar and energy storage projects, with network and clean energy spending supporting orders.<\/p>\n<p>FY26 revenue was Rs 2,687.38 crore, 9.1% higher than FY25. FY26 net profit rose 10.1% to Rs 307.26 crore. In Q1 FY27, net profit rose 14.3% to Rs 62.51 crore. Operating margin was 19.11% in FY26.<\/p>\n<p>Debt to equity is 0.44 and return on equity is 13.48%. At a P\/E of 11.08 against an industry P\/E of 18.50, the stock trades below its industry multiple.<\/p>\n<p>What to watch: The P\/E of 11.08 against an industry P\/E of 18.50 leaves valuation less stretched, so the next quarters&#8217; growth is the figure to follow.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"CESC_Kolkata_Power_Distribution_Drives_the_Pipeline\"><\/span><strong>CESC: Kolkata Power Distribution Drives the Pipeline<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>CESC&#8217;s roadmap rests on electricity distribution in Kolkata along with thermal and renewable generation, with a regulated distribution base supporting steady earnings.<\/p>\n<p>Revenue grew from Rs 12,826.70 crore in FY22 to Rs 18,927.29 crore in FY26, a 47.6% rise, and FY26 revenue was 8.9% higher than FY25. FY26 net profit rose 13.2% to Rs 1,617.57 crore. Over four years, net profit rose from Rs 1,404.08 crore in FY22 to Rs 1,617.57 crore. In Q1 FY27, revenue grew 5.2% to Rs 5,559.00 crore, and net profit rose 3.7% to Rs 419.00 crore. Operating margin was 26.27% in FY26.<\/p>\n<p>Debt to equity is 1.73 and return on equity is 12.31%. FY26 operating cash flow was Rs 4,057.49 crore against capital expenditure of Rs 3,916.20 crore. CESC paid a dividend of Rs 6 per share for FY26, a yield of 4.68%. At a P\/E of 10.48 against an industry P\/E of 22.17, the stock trades below its industry multiple.<\/p>\n<p>What to watch: Debt to equity of 1.73 is on the higher side.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Best_Electrical_Component_Telecom_Infrastructure_and_Power_Utility_Stocks_in_India_Salzer_Electronics_vs_Pace_Digitek_vs_CESC_on_Key_Financials\"><\/span><strong>Best Electrical Component, Telecom Infrastructure and Power Utility Stocks in India: Salzer Electronics vs Pace Digitek vs CESC on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the best electrical component, telecom infrastructure and power utility stocks in India, Salzer Electronics leads on FY26 revenue growth; Pace Digitek leads on return on equity and the lowest debt to equity; CESC leads on FY26 operating margin and FY26 net profit growth. The table puts the numbers side by side.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Metric<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Salzer Electronics<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Pace Digitek<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">CESC<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 revenue (Rs Cr)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,759.87<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,687.38<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">18,927.29<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 revenue growth<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">23.6%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">9.1%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">8.9%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 net profit (Rs Cr)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">55.01<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">307.26<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,617.57<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 net profit growth<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4.8%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">10.1%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">13.2%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 operating profit margin<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">8.45%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19.11%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">26.27%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Return on equity<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">8.93%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">13.48%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">12.31%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">P\/E ratio<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">20.12<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">11.08<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">10.48<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Debt to equity<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.90<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.44<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1.73<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Dividend yield<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.49%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.00%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4.68%<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Power and electricals earnings follow order flow, execution and tariffs, so full-year numbers and quarterly trends together give a better view.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Evaluate_Electrical_Component_Telecom_Infrastructure_and_Power_Utility_Stocks_to_Buy_Before_You_Invest\"><\/span><strong>How to Evaluate Electrical Component, Telecom Infrastructure and Power Utility Stocks to Buy Before You Invest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A short checklist keeps the research consistent when you screen electrical component, telecom infrastructure and power utility stocks and shortlist electrical component, telecom infrastructure and power utility stocks to buy.<\/p>\n<ol>\n<li>Compare each stock&#8217;s P\/E with its industry P\/E, which differs by company here.<\/li>\n<li>Check operating margin, debt and cash flow together.<\/li>\n<li>Check whether revenue growth is turning into profit growth, not only sales.<\/li>\n<li>Read operating cash flow against capital expenditure to see how growth is funded.<\/li>\n<li>Watch debt to equity and interest cover before sizing a position.<\/li>\n<li>Spread exposure across companies and business lines instead of one demand cycle.<\/li>\n<\/ol>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live data on these electrical component, telecom infrastructure and power utility stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Consider_Before_Investing_in_Electrical_Component_Telecom_Infrastructure_and_Power_Utility_Stocks\"><\/span><strong>Risks to Consider Before Investing in Electrical Component, Telecom Infrastructure and Power Utility Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Debt and cash flow:<\/strong> CESC has debt to equity of 1.73.<\/li>\n<li><strong>Regulation:<\/strong> Tariff orders and policy changes can affect utility earnings.<\/li>\n<li><strong>Project timing:<\/strong> Delays in orders can shift revenue between quarters.<\/li>\n<li><strong>Quarterly trends:<\/strong> A single weak quarter can change near-term earnings, so track results every quarter.<\/li>\n<\/ul>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Salzer Electronics, Pace Digitek and CESC live.<\/em><\/p>\n<p>Annual reports and quarterly result presentations are the most reliable places to verify the numbers quoted here, because they show segment details, management commentary and the notes behind each figure.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Final_Take_Which_Stock_Has_the_Strongest_Roadmap\"><\/span><strong>Final Take: Which Stock Has the Strongest Roadmap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>These three power and electricals stocks cover electrical components, telecom infrastructure and power distribution. Salzer Electronics leads on FY26 revenue growth; Pace Digitek leads on return on equity and the lowest debt to equity; CESC leads on FY26 operating margin and FY26 net profit growth.<\/p>\n<p>Across electrical component, telecom infrastructure and power utility 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 electrical component, telecom infrastructure and power utility stocks to buy discussed here.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> 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).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Electrical_Component_Telecom_Infrastructure_and_Power_Utility_Stocks\"><\/span><strong>FAQs on Electrical Component, Telecom Infrastructure and Power Utility Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_are_the_best_electrical_component_telecom_infrastructure_and_power_utility_stocks_in_India_with_a_strong_roadmap\"><\/span><strong>Which are the best electrical component, telecom infrastructure and power utility stocks in India with a strong roadmap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Salzer Electronics, Pace Digitek and CESC stand out for their roadmaps in electrical components, telecom infrastructure and power distribution. FY26 revenue growth was 23.6% at Salzer Electronics, 9.1% at Pace Digitek and 8.9% at CESC, and return on equity ranges from 8.93% to 13.48%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Salzer_Electronics_a_good_stock_to_buy_now\"><\/span><strong>Is Salzer Electronics a good stock to buy now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Salzer Electronics has a debt to equity ratio of 0.90, a return on equity of 8.93% and a P\/E of 20.12 against an industry P\/E of 47.09. Valuation, execution and tariffs move results. This article is not investment advice, so consult a SEBI-registered advisor before deciding.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_PE_ratio_of_Salzer_Electronics_Pace_Digitek_and_CESC\"><\/span><strong>What is the P\/E ratio of Salzer Electronics, Pace Digitek and CESC?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The P\/E ratio is 20.12 for Salzer Electronics (industry 47.09), 11.08 for Pace Digitek (industry 18.50) and 10.48 for CESC (industry 22.17). All of them trade below the industry multiple.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_these_electrical_component_telecom_infrastructure_and_power_utility_stocks_has_the_highest_return_on_equity\"><\/span><strong>Which of these electrical component, telecom infrastructure and power utility stocks has the highest return on equity?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Pace Digitek has the highest return on equity at 13.48%, followed by CESC at 12.31% and Salzer Electronics at 8.93%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_investing_in_electrical_component_telecom_infrastructure_and_power_utility_stocks\"><\/span><strong>What are the risks of investing in electrical component, telecom infrastructure and power utility stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are debt and cash flow, regulation, project timing and quarterly trends. CESC has debt to equity of 1.73.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_did_Salzer_Electronics_Pace_Digitek_and_CESC_perform_in_Q1_FY27\"><\/span><strong>How did Salzer Electronics, Pace Digitek and CESC perform in Q1 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Salzer Electronics reported revenue of Rs 498.43 crore, up 12.8% year on year. Pace Digitek reported net profit rose 14.3% to Rs 62.51 crore. CESC reported revenue of Rs 5,559.00 crore, up 5.2% year on year, and net profit rose 3.7% to Rs 419.00 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Do_electrical_component_telecom_infrastructure_and_power_utility_stocks_pay_dividends\"><\/span><strong>Do electrical component, telecom infrastructure and power utility stocks pay dividends?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Salzer Electronics and CESC pay dividends. The dividend yield is 0.49% for Salzer Electronics and 4.68% for CESC, based on dividends declared for FY26.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_can_I_invest_in_electrical_component_telecom_infrastructure_and_power_utility_stocks_in_India\"><\/span><strong>How can I invest in electrical component, telecom infrastructure and power utility stocks in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> You can buy electrical component, telecom infrastructure and power utility stocks through a demat and trading account on NSE or BSE after checking each company&#8217;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.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Which are the best electrical component, telecom infrastructure and power utility stocks in India with a strong roadmap?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Salzer Electronics, Pace Digitek and CESC stand out for their roadmaps in electrical components, telecom infrastructure and power distribution. 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Investments in securities are subject to market risk, so consider your risk profile first.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Salzer Electronics, Pace Digitek and CESC compared on growth, margins, debt and valuation, with the roadmap and risks investors should track.<\/p>\n","protected":false},"author":34,"featured_media":303387,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[8318,11451,7905,11233,11452,11453],"class_list":["post-303388","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-cesc","tag-electrical-component","tag-pace-digitek","tag-salzer-electronics","tag-telecom-infrastructure-and-power-utility-stocks","tag-telecom-infrastructure-and-power-utility-stocks-to-buy"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["303387"],"rank_math_title":["Electrical, Telecom and Power Utility Stocks"],"rank_math_description":["Electrical component, telecom infrastructure and power utility stocks with a strong roadmap compared on growth, margins, valuation and risks."],"rank_math_focus_keyword":["electrical component, telecom infrastructure and power utility stocks"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/3-electrical-component-telecom-infrastructure-and-power-utility-stocks-with-a.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/303388","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=303388"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/303388\/revisions"}],"predecessor-version":[{"id":303389,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/303388\/revisions\/303389"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/303387"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=303388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=303388"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=303388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}