{"id":310067,"date":"2026-10-15T11:27:02","date_gmt":"2026-10-15T05:57:02","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=310067"},"modified":"2026-10-15T11:27:02","modified_gmt":"2026-10-15T05:57:02","slug":"smart-meter-power-lender-and-aviation-service-stocks-roadmap-spotlight-list","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/smart-meter-power-lender-and-aviation-service-stocks-roadmap-spotlight-list\/","title":{"rendered":"3 Smart Meter, Power Lender and Aviation Service Stocks With a Strong Future Roadmap: HPL Electric &#038; Power, Power Finance Corporation and TAAL Tech"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>HPL Electric Rs 264.15, P\/E 18.03. PFC Rs 344.50. TAAL Tech Rs 1,014.40, P\/E 26.04. Closing prices of 14 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;\">Smart meter, power lender and aviation service stocks with the clearest long-term roadmaps today include HPL Electric in smart meters, switchgear, lighting and wiring products, PFC in lending to power generation, transmission, distribution and renewable energy projects and TAAL Tech in aviation products and services including aerostructures, aircraft services and an airfield with maintenance facilities. FY26 revenue growth was 6.5% at HPL Electric, 8.4% at PFC and 8.6% at TAAL Tech. P\/E stands at 18.03 for HPL Electric (industry 47.09) and 26.04 for TAAL Tech (industry 48.45). 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>Smart meter, power lender and aviation service stocks give investors exposure to meters, project funding and aircraft services for utilities and airlines. Order flow, loan growth and execution decide how much of that demand turns into profit.<\/p>\n<p>This list covers three smart meter, power lender and aviation service stocks: HPL Electric &amp; Power for smart meters, switchgear, lighting and wiring products, Power Finance Corporation for lending to power generation, transmission, distribution and renewable energy projects and TAAL Tech for aviation products and services including aerostructures, aircraft services and an airfield with maintenance facilities. Every figure comes from the latest reported financials and the 14 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=smart-meter-power-lender-and-aviation-service-stocks-roadmap-spotlight-list\"><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\/smart-meter-power-lender-and-aviation-service-stocks-roadmap-spotlight-list\/#What_Are_Smart_Meter_Power_Lender_and_Aviation_Service_Stocks\" title=\"What Are Smart Meter, Power Lender and Aviation Service Stocks?\">What Are Smart Meter, Power Lender and Aviation Service 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\/smart-meter-power-lender-and-aviation-service-stocks-roadmap-spotlight-list\/#Smart_Meter_Power_Lender_and_Aviation_Service_Stocks_at_a_Glance\" title=\"Smart Meter, Power Lender and Aviation Service Stocks at a Glance\">Smart Meter, Power Lender and Aviation Service 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\/smart-meter-power-lender-and-aviation-service-stocks-roadmap-spotlight-list\/#Why_Do_Smart_Meter_Power_Lender_and_Aviation_Service_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Smart Meter, Power Lender and Aviation Service Stocks Have a Strong Roadmap in India?\">Why Do Smart Meter, Power Lender and Aviation Service 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\/smart-meter-power-lender-and-aviation-service-stocks-roadmap-spotlight-list\/#HPL_Electric_Power_Smart_Meters_and_Switchgear_Anchor_the_Roadmap\" title=\"HPL Electric &amp; Power: Smart Meters and Switchgear Anchor the Roadmap\">HPL Electric &amp; Power: Smart Meters and Switchgear Anchor the Roadmap<\/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\/smart-meter-power-lender-and-aviation-service-stocks-roadmap-spotlight-list\/#Power_Finance_Corporation_Power_Sector_Lending_Builds_the_Next_Leg\" title=\"Power Finance Corporation: Power Sector Lending Builds the Next Leg\">Power Finance Corporation: Power Sector Lending Builds the Next Leg<\/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\/smart-meter-power-lender-and-aviation-service-stocks-roadmap-spotlight-list\/#TAAL_Tech_Aerostructures_and_Airfield_Services_Anchor_the_Roadmap\" title=\"TAAL Tech: Aerostructures and Airfield Services Anchor the Roadmap\">TAAL Tech: Aerostructures and Airfield Services Anchor the Roadmap<\/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\/smart-meter-power-lender-and-aviation-service-stocks-roadmap-spotlight-list\/#Best_Smart_Meter_Power_Lender_and_Aviation_Service_Stocks_in_India_HPL_Electric_vs_PFC_vs_TAAL_Tech_on_Key_Financials\" title=\"Best Smart Meter, Power Lender and Aviation Service Stocks in India: HPL Electric vs PFC vs TAAL Tech on Key Financials\">Best Smart Meter, Power Lender and Aviation Service Stocks in India: HPL Electric vs PFC vs TAAL Tech 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\/smart-meter-power-lender-and-aviation-service-stocks-roadmap-spotlight-list\/#How_to_Evaluate_Smart_Meter_Power_Lender_and_Aviation_Service_Stocks_to_Buy_Before_You_Invest\" title=\"How to Evaluate Smart Meter, Power Lender and Aviation Service Stocks to Buy Before You Invest\">How to Evaluate Smart Meter, Power Lender and Aviation Service 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\/smart-meter-power-lender-and-aviation-service-stocks-roadmap-spotlight-list\/#Risks_to_Consider_Before_Investing_in_Smart_Meter_Power_Lender_and_Aviation_Service_Stocks\" title=\"Risks to Consider Before Investing in Smart Meter, Power Lender and Aviation Service Stocks\">Risks to Consider Before Investing in Smart Meter, Power Lender and Aviation Service 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\/smart-meter-power-lender-and-aviation-service-stocks-roadmap-spotlight-list\/#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\/smart-meter-power-lender-and-aviation-service-stocks-roadmap-spotlight-list\/#FAQs_on_Smart_Meter_Power_Lender_and_Aviation_Service_Stocks\" title=\"FAQs on Smart Meter, Power Lender and Aviation Service Stocks\">FAQs on Smart Meter, Power Lender and Aviation Service 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\/smart-meter-power-lender-and-aviation-service-stocks-roadmap-spotlight-list\/#Which_are_the_best_smart_meter_power_lender_and_aviation_service_stocks_in_India_with_a_strong_roadmap\" title=\"Which are the best smart meter, power lender and aviation service stocks in India with a strong roadmap?\">Which are the best smart meter, power lender and aviation service 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\/smart-meter-power-lender-and-aviation-service-stocks-roadmap-spotlight-list\/#Is_HPL_Electric_Power_a_good_stock_to_buy_now\" title=\"Is HPL Electric &amp; Power a good stock to buy now?\">Is HPL Electric &amp; Power 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\/smart-meter-power-lender-and-aviation-service-stocks-roadmap-spotlight-list\/#What_is_the_PE_ratio_of_HPL_Electric_PFC_and_TAAL_Tech\" title=\"What is the P\/E ratio of HPL Electric, PFC and TAAL Tech?\">What is the P\/E ratio of HPL Electric, PFC and TAAL Tech?<\/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\/smart-meter-power-lender-and-aviation-service-stocks-roadmap-spotlight-list\/#Which_of_these_smart_meter_power_lender_and_aviation_service_stocks_has_the_highest_return_on_equity\" title=\"Which of these smart meter, power lender and aviation service stocks has the highest return on equity?\">Which of these smart meter, power lender and aviation service 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\/smart-meter-power-lender-and-aviation-service-stocks-roadmap-spotlight-list\/#What_are_the_risks_of_investing_in_smart_meter_power_lender_and_aviation_service_stocks\" title=\"What are the risks of investing in smart meter, power lender and aviation service stocks?\">What are the risks of investing in smart meter, power lender and aviation service 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\/smart-meter-power-lender-and-aviation-service-stocks-roadmap-spotlight-list\/#How_did_HPL_Electric_PFC_and_TAAL_Tech_perform_in_Q1_FY27\" title=\"How did HPL Electric, PFC and TAAL Tech perform in Q1 FY27?\">How did HPL Electric, PFC and TAAL Tech 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\/smart-meter-power-lender-and-aviation-service-stocks-roadmap-spotlight-list\/#Do_smart_meter_power_lender_and_aviation_service_stocks_pay_dividends\" title=\"Do smart meter, power lender and aviation service stocks pay dividends?\">Do smart meter, power lender and aviation service 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\/smart-meter-power-lender-and-aviation-service-stocks-roadmap-spotlight-list\/#How_can_I_invest_in_smart_meter_power_lender_and_aviation_service_stocks_in_India\" title=\"How can I invest in smart meter, power lender and aviation service stocks in India?\">How can I invest in smart meter, power lender and aviation service stocks in India?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Smart_Meter_Power_Lender_and_Aviation_Service_Stocks\"><\/span><strong>What Are Smart Meter, Power Lender and Aviation Service Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Smart meter, power lender and aviation service stocks are shares of companies that make power products, fund projects or serve aircraft makers. Results depend on order flow, loan growth and execution, so execution and margins separate the stronger names.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Smart_Meter_Power_Lender_and_Aviation_Service_Stocks_at_a_Glance\"><\/span><strong>Smart Meter, Power Lender and Aviation Service 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 smart meter, power lender and aviation service stocks as of the 14 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;\">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\/hpl\/hpl-electric-power-ltd-share-price-today\">HPL Electric &amp; Power<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">264.15<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,649<\/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;\">9.10%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.75<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/pfc\/power-finance-corporation-ltd-share-price-today\">Power Finance Corporation<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">344.50<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">106,758<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">17.72<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">18.22%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">7.00<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/taaltech\/taal-enterprises-ltd-share-price-today\">TAAL Tech<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,014.40<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,626<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">48.45<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">23.14%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.00<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Among power and engineering stocks, both trade at a discount to their industry P\/E multiples.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Do_Smart_Meter_Power_Lender_and_Aviation_Service_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Smart Meter, Power Lender and Aviation Service Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Smart meter, power lender and aviation service stocks have a strong roadmap in India because metering programmes, power sector investment and aviation work keep adding demand for these firms. Three drivers stand out.<\/p>\n<ul>\n<li><strong>Metering push:<\/strong> Utilities roll out smart meters at scale.<\/li>\n<li><strong>Power funding:<\/strong> Generation and grid projects need long-term loans.<\/li>\n<li><strong>Aviation work:<\/strong> Aircraft makers outsource structures and maintenance.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"HPL_Electric_Power_Smart_Meters_and_Switchgear_Anchor_the_Roadmap\"><\/span><strong>HPL Electric &amp; Power: Smart Meters and Switchgear Anchor the Roadmap<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>HPL Electric&#8217;s roadmap rests on smart meters, switchgear, lighting and wiring products, with the smart meter rollout supporting orders.<\/p>\n<p>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.<\/p>\n<p>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.<\/p>\n<p>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&#8217; growth is the figure to follow.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Power_Finance_Corporation_Power_Sector_Lending_Builds_the_Next_Leg\"><\/span><strong>Power Finance Corporation: Power Sector Lending Builds the Next Leg<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>PFC&#8217;s roadmap rests on lending to power generation, transmission, distribution and renewable energy projects, with power sector investment supporting its loan book.<\/p>\n<p>Revenue grew from Rs 76,344.92 crore in FY22 to Rs 115,533.18 crore in FY26, a 51.3% rise, and FY26 revenue was 8.4% higher than FY25. FY26 net profit rose 10.2% to Rs 33,625.34 crore. Over four years, net profit rose from Rs 18,768.21 crore in FY22 to Rs 33,625.34 crore.<\/p>\n<p>Debt to equity is 7.00 and return on equity is 18.22%.<\/p>\n<p>What to watch: Return on equity of 18.22% is the figure to follow as growth continues.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"TAAL_Tech_Aerostructures_and_Airfield_Services_Anchor_the_Roadmap\"><\/span><strong>TAAL Tech: Aerostructures and Airfield Services Anchor the Roadmap<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>TAAL Tech&#8217;s roadmap rests on aviation products and services including aerostructures, aircraft services and an airfield with maintenance, repair and overhaul facilities, with a debt-free balance sheet supporting its position.<\/p>\n<p>Revenue grew from Rs 141.37 crore in FY22 to Rs 216.46 crore in FY26, a 53.1% rise, and FY26 revenue was 8.6% higher than FY25. FY26 net profit rose 16.3% to Rs 56.72 crore. Over four years, net profit rose from Rs 31.91 crore in FY22 to Rs 56.72 crore. In Q1 FY27, revenue grew 36.5% to Rs 68.80 crore, and net profit rose 41.7% to Rs 19.43 crore. Operating margin was 33.64% in FY26.<\/p>\n<p>Debt to equity is 0.00 and return on equity is 23.14%. FY26 operating cash flow was Rs 18.74 crore against capital expenditure of Rs 0.13 crore. TAAL Tech paid a dividend of Rs 65 per share for FY26, a yield of 1.25%. At a P\/E of 26.04 against an industry P\/E of 48.45, the stock trades below its industry multiple.<\/p>\n<p>What to watch: The P\/E of 26.04 against an industry P\/E of 48.45 leaves valuation less stretched, so the next quarters&#8217; growth is the figure to follow.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Best_Smart_Meter_Power_Lender_and_Aviation_Service_Stocks_in_India_HPL_Electric_vs_PFC_vs_TAAL_Tech_on_Key_Financials\"><\/span><strong>Best Smart Meter, Power Lender and Aviation Service Stocks in India: HPL Electric vs PFC vs TAAL Tech on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the best smart meter, power lender and aviation service stocks in India, HPL Electric ranks second on the lowest debt to equity; PFC ranks second on FY26 revenue growth and return on equity; TAAL Tech leads on FY26 revenue growth and return on equity. 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;\">HPL Electric<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">PFC<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">TAAL Tech<\/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;\">1,815.93<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">115,533.18<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">216.46<\/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;\">6.5%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">8.4%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">8.6%<\/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;\">91.25<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">33,625.34<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">56.72<\/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;\">9.10%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">18.22%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">23.14%<\/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;\">0.75<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">7.00<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.00<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Power and engineering earnings follow order flow, loan growth and execution, so full-year numbers and quarterly trends together give a better view.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Evaluate_Smart_Meter_Power_Lender_and_Aviation_Service_Stocks_to_Buy_Before_You_Invest\"><\/span><strong>How to Evaluate Smart Meter, Power Lender and Aviation Service 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 smart meter, power lender and aviation service stocks and shortlist smart meter, power lender and aviation service 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 loan growth against funding costs to see how growth is financed.<\/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 smart meter, power lender and aviation service stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Consider_Before_Investing_in_Smart_Meter_Power_Lender_and_Aviation_Service_Stocks\"><\/span><strong>Risks to Consider Before Investing in Smart Meter, Power Lender and Aviation Service Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Order timing:<\/strong> Delays in customer projects can shift revenue between quarters.<\/li>\n<li><strong>Government spending:<\/strong> Changes in public budgets can affect orders.<\/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 HPL Electric, PFC and TAAL Tech 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<p>Comparing a quarter with the same quarter of the previous year gives a cleaner reading than comparing it with the preceding quarter, since seasonal patterns affect many businesses in India.<\/p>\n<p>The shareholding pattern published every quarter shows whether promoters, mutual funds and foreign investors are raising or trimming their holdings, which adds useful context to the financial numbers.<\/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 engineering stocks cover smart meters, power financing and aviation services. HPL Electric ranks second on the lowest debt to equity; PFC ranks second on FY26 revenue growth and return on equity; TAAL Tech leads on FY26 revenue growth and return on equity.<\/p>\n<p>Across smart meter, power lender and aviation service 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, power lender and aviation service 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_Smart_Meter_Power_Lender_and_Aviation_Service_Stocks\"><\/span><strong>FAQs on Smart Meter, Power Lender and Aviation Service Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_are_the_best_smart_meter_power_lender_and_aviation_service_stocks_in_India_with_a_strong_roadmap\"><\/span><strong>Which are the best smart meter, power lender and aviation service stocks in India with a strong roadmap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> HPL Electric &amp; Power, Power Finance Corporation and TAAL Tech stand out for their roadmaps in smart meters, power financing and aviation services. FY26 revenue growth was 6.5% at HPL Electric, 8.4% at PFC and 8.6% at TAAL Tech, and return on equity ranges from 9.10% to 23.14%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_HPL_Electric_Power_a_good_stock_to_buy_now\"><\/span><strong>Is HPL Electric &amp; Power a good stock to buy now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> HPL Electric &amp; 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_PE_ratio_of_HPL_Electric_PFC_and_TAAL_Tech\"><\/span><strong>What is the P\/E ratio of HPL Electric, PFC and TAAL Tech?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The P\/E ratio is 18.03 for HPL Electric (industry 47.09) and 26.04 for TAAL Tech (industry 48.45). All of them trade below the industry multiple.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_these_smart_meter_power_lender_and_aviation_service_stocks_has_the_highest_return_on_equity\"><\/span><strong>Which of these smart meter, power lender and aviation service stocks has the highest return on equity?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> TAAL Tech has the highest return on equity at 23.14%, followed by Power Finance Corporation at 18.22% and HPL Electric &amp; Power at 9.10%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_investing_in_smart_meter_power_lender_and_aviation_service_stocks\"><\/span><strong>What are the risks of investing in smart meter, power lender and aviation service stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are order timing, government spending and quarterly trends. Delays in customer projects can shift revenue between quarters.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_did_HPL_Electric_PFC_and_TAAL_Tech_perform_in_Q1_FY27\"><\/span><strong>How did HPL Electric, PFC and TAAL Tech perform in Q1 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> HPL Electric &amp; 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. Power Finance Corporation reported . TAAL Tech reported revenue of Rs 68.80 crore, up 36.5% year on year, and net profit rose 41.7% to Rs 19.43 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Do_smart_meter_power_lender_and_aviation_service_stocks_pay_dividends\"><\/span><strong>Do smart meter, power lender and aviation service stocks pay dividends?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> HPL Electric and TAAL Tech pay dividends. The dividend yield is 0.39% for HPL Electric and 1.25% for TAAL Tech, based on dividends declared for FY26.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_can_I_invest_in_smart_meter_power_lender_and_aviation_service_stocks_in_India\"><\/span><strong>How can I invest in smart meter, power lender and aviation service stocks in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> You can buy smart meter, power lender and aviation service 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 smart meter, power lender and aviation service stocks in India with a strong roadmap?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"HPL Electric & Power, Power Finance Corporation and TAAL Tech stand out for their roadmaps in smart meters, power financing and aviation services. FY26 revenue growth was 6.5% at HPL Electric, 8.4% at PFC and 8.6% at TAAL Tech, and return on equity ranges from 9.10% to 23.14%.\"}},{\"@type\":\"Question\",\"name\":\"Is HPL Electric & Power a good stock to buy now?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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.\"}},{\"@type\":\"Question\",\"name\":\"What is the P\/E ratio of HPL Electric, PFC and TAAL Tech?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The P\/E ratio is 18.03 for HPL Electric (industry 47.09) and 26.04 for TAAL Tech (industry 48.45). All of them trade below the industry multiple.\"}},{\"@type\":\"Question\",\"name\":\"Which of these smart meter, power lender and aviation service stocks has the highest return on equity?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"TAAL Tech has the highest return on equity at 23.14%, followed by Power Finance Corporation at 18.22% and HPL Electric & Power at 9.10%.\"}},{\"@type\":\"Question\",\"name\":\"What are the risks of investing in smart meter, power lender and aviation service stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The main risks are order timing, government spending and quarterly trends. Delays in customer projects can shift revenue between quarters.\"}},{\"@type\":\"Question\",\"name\":\"How did HPL Electric, PFC and TAAL Tech perform in Q1 FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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. Power Finance Corporation reported . TAAL Tech reported revenue of Rs 68.80 crore, up 36.5% year on year, and net profit rose 41.7% to Rs 19.43 crore.\"}},{\"@type\":\"Question\",\"name\":\"Do smart meter, power lender and aviation service stocks pay dividends?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"HPL Electric and TAAL Tech pay dividends. The dividend yield is 0.39% for HPL Electric and 1.25% for TAAL Tech, based on dividends declared for FY26.\"}},{\"@type\":\"Question\",\"name\":\"How can I invest in smart meter, power lender and aviation service stocks in India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"You can buy smart meter, power lender and aviation service 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.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>HPL Electric &#038; Power, Power Finance Corporation and TAAL Tech compared on growth, margins, debt and valuation, with the roadmap and risks investors should track.<\/p>\n","protected":false},"author":35,"featured_media":310066,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[10958,12284,12285,11495,11107],"class_list":["post-310067","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-power-finance-corporation","tag-power-lender-and-aviation-service-stocks","tag-power-lender-and-aviation-service-stocks-to-buy","tag-smart-meter","tag-taal-tech"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["310066"],"rank_math_title":["Smart Meter, Power Lender and Aviation Service Stocks"],"rank_math_description":["Smart meter, power lender and aviation service stocks with a strong roadmap: HPL Electric, PFC and TAAL Tech compared on growth, margins, valuation and risks."],"rank_math_focus_keyword":["smart meter, power lender and aviation service 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-smart-meter-power-lender-and-aviation-service-stocks-with-a-strong-future.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/310067","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\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=310067"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/310067\/revisions"}],"predecessor-version":[{"id":310068,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/310067\/revisions\/310068"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/310066"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=310067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=310067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=310067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}