{"id":313095,"date":"2026-10-16T11:20:59","date_gmt":"2026-10-16T05:50:59","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=313095"},"modified":"2026-10-16T11:20:59","modified_gmt":"2026-10-16T05:50:59","slug":"cable-maker-thermal-power-producer-and-gearbox-stocks-roadmap-vantage-list","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/cable-maker-thermal-power-producer-and-gearbox-stocks-roadmap-vantage-list\/","title":{"rendered":"3 Cable Maker, Thermal Power Producer and Gearbox Stocks With a Strong Future Roadmap: RR Kabel, Adani Power and Elecon Engineering Company"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>RR Kabel Rs 2,603.90, P\/E 50.13. Adani Power Rs 196.50, P\/E 24.93. Elecon Engineering Rs 493.05, P\/E 39.59. 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;\">Cable maker, thermal power producer and gearbox stocks with the clearest long-term roadmaps today include RR Kabel in wires and cables along with fans, lighting and other electrical goods, Adani Power in thermal power generation from large plants supplying power across India and Elecon Engineering in industrial gearboxes and material handling equipment for steel, cement, power and port users. P\/E stands at 50.13 for RR Kabel (industry 50.85), 24.93 for Adani Power (industry 22.17) and 39.59 for Elecon Engineering (industry 47.18). 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>Cable maker, thermal power producer and gearbox stocks give investors exposure to cables, electricity supply and drive equipment for homes, utilities and heavy industry. Order flow, capacity use and execution decide how much of that demand turns into profit.<\/p>\n<p>This list covers three cable maker, thermal power producer and gearbox stocks: RR Kabel for wires and cables along with fans, lighting and other electrical goods, Adani Power for thermal power generation from large plants supplying power across India and Elecon Engineering Company for industrial gearboxes and material handling equipment for steel, cement, power and port users. 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=cable-maker-thermal-power-producer-and-gearbox-stocks-roadmap-vantage-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\/cable-maker-thermal-power-producer-and-gearbox-stocks-roadmap-vantage-list\/#What_Are_Cable_Maker_Thermal_Power_Producer_and_Gearbox_Stocks\" title=\"What Are Cable Maker, Thermal Power Producer and Gearbox Stocks?\">What Are Cable Maker, Thermal Power Producer and Gearbox 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\/cable-maker-thermal-power-producer-and-gearbox-stocks-roadmap-vantage-list\/#Cable_Maker_Thermal_Power_Producer_and_Gearbox_Stocks_at_a_Glance\" title=\"Cable Maker, Thermal Power Producer and Gearbox Stocks at a Glance\">Cable Maker, Thermal Power Producer and Gearbox 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\/cable-maker-thermal-power-producer-and-gearbox-stocks-roadmap-vantage-list\/#Why_Do_Cable_Maker_Thermal_Power_Producer_and_Gearbox_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Cable Maker, Thermal Power Producer and Gearbox Stocks Have a Strong Roadmap in India?\">Why Do Cable Maker, Thermal Power Producer and Gearbox 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\/cable-maker-thermal-power-producer-and-gearbox-stocks-roadmap-vantage-list\/#RR_Kabel_Wires_Cables_and_Electrical_Goods_Anchor_the_Roadmap\" title=\"RR Kabel: Wires, Cables and Electrical Goods Anchor the Roadmap\">RR Kabel: Wires, Cables and Electrical Goods 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\/cable-maker-thermal-power-producer-and-gearbox-stocks-roadmap-vantage-list\/#Adani_Power_Thermal_Power_Capacity_Anchors_the_Roadmap\" title=\"Adani Power: Thermal Power Capacity Anchors the Roadmap\">Adani Power: Thermal Power Capacity Anchors 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\/cable-maker-thermal-power-producer-and-gearbox-stocks-roadmap-vantage-list\/#Elecon_Engineering_Company_Gearboxes_and_Material_Handling_Build_the_Next_Leg\" title=\"Elecon Engineering Company: Gearboxes and Material Handling Build the Next Leg\">Elecon Engineering Company: Gearboxes and Material Handling 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-7\" href=\"https:\/\/univest.in\/blogs-2\/cable-maker-thermal-power-producer-and-gearbox-stocks-roadmap-vantage-list\/#Best_Cable_Maker_Thermal_Power_Producer_and_Gearbox_Stocks_in_India_RR_Kabel_vs_Adani_Power_vs_Elecon_Engineering_on_Key_Financials\" title=\"Best Cable Maker, Thermal Power Producer and Gearbox Stocks in India: RR Kabel vs Adani Power vs Elecon Engineering on Key Financials\">Best Cable Maker, Thermal Power Producer and Gearbox Stocks in India: RR Kabel vs Adani Power vs Elecon Engineering 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\/cable-maker-thermal-power-producer-and-gearbox-stocks-roadmap-vantage-list\/#How_to_Evaluate_Cable_Maker_Thermal_Power_Producer_and_Gearbox_Stocks_to_Buy_Before_You_Invest\" title=\"How to Evaluate Cable Maker, Thermal Power Producer and Gearbox Stocks to Buy Before You Invest\">How to Evaluate Cable Maker, Thermal Power Producer and Gearbox 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\/cable-maker-thermal-power-producer-and-gearbox-stocks-roadmap-vantage-list\/#Risks_to_Consider_Before_Investing_in_Cable_Maker_Thermal_Power_Producer_and_Gearbox_Stocks\" title=\"Risks to Consider Before Investing in Cable Maker, Thermal Power Producer and Gearbox Stocks\">Risks to Consider Before Investing in Cable Maker, Thermal Power Producer and Gearbox 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\/cable-maker-thermal-power-producer-and-gearbox-stocks-roadmap-vantage-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\/cable-maker-thermal-power-producer-and-gearbox-stocks-roadmap-vantage-list\/#FAQs_on_Cable_Maker_Thermal_Power_Producer_and_Gearbox_Stocks\" title=\"FAQs on Cable Maker, Thermal Power Producer and Gearbox Stocks\">FAQs on Cable Maker, Thermal Power Producer and Gearbox 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\/cable-maker-thermal-power-producer-and-gearbox-stocks-roadmap-vantage-list\/#Which_are_the_best_cable_maker_thermal_power_producer_and_gearbox_stocks_in_India_with_a_strong_roadmap\" title=\"Which are the best cable maker, thermal power producer and gearbox stocks in India with a strong roadmap?\">Which are the best cable maker, thermal power producer and gearbox 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\/cable-maker-thermal-power-producer-and-gearbox-stocks-roadmap-vantage-list\/#Is_RR_Kabel_a_good_stock_to_buy_now\" title=\"Is RR Kabel a good stock to buy now?\">Is RR Kabel 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\/cable-maker-thermal-power-producer-and-gearbox-stocks-roadmap-vantage-list\/#What_is_the_PE_ratio_of_RR_Kabel_Adani_Power_and_Elecon_Engineering\" title=\"What is the P\/E ratio of RR Kabel, Adani Power and Elecon Engineering?\">What is the P\/E ratio of RR Kabel, Adani Power and Elecon Engineering?<\/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\/cable-maker-thermal-power-producer-and-gearbox-stocks-roadmap-vantage-list\/#Which_of_these_cable_maker_thermal_power_producer_and_gearbox_stocks_has_the_highest_return_on_equity\" title=\"Which of these cable maker, thermal power producer and gearbox stocks has the highest return on equity?\">Which of these cable maker, thermal power producer and gearbox 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\/cable-maker-thermal-power-producer-and-gearbox-stocks-roadmap-vantage-list\/#What_are_the_risks_of_investing_in_cable_maker_thermal_power_producer_and_gearbox_stocks\" title=\"What are the risks of investing in cable maker, thermal power producer and gearbox stocks?\">What are the risks of investing in cable maker, thermal power producer and gearbox 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\/cable-maker-thermal-power-producer-and-gearbox-stocks-roadmap-vantage-list\/#How_did_RR_Kabel_Adani_Power_and_Elecon_Engineering_perform_in_Q1_FY27\" title=\"How did RR Kabel, Adani Power and Elecon Engineering perform in Q1 FY27?\">How did RR Kabel, Adani Power and Elecon Engineering 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\/cable-maker-thermal-power-producer-and-gearbox-stocks-roadmap-vantage-list\/#Do_cable_maker_thermal_power_producer_and_gearbox_stocks_pay_dividends\" title=\"Do cable maker, thermal power producer and gearbox stocks pay dividends?\">Do cable maker, thermal power producer and gearbox 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\/cable-maker-thermal-power-producer-and-gearbox-stocks-roadmap-vantage-list\/#How_can_I_invest_in_cable_maker_thermal_power_producer_and_gearbox_stocks_in_India\" title=\"How can I invest in cable maker, thermal power producer and gearbox stocks in India?\">How can I invest in cable maker, thermal power producer and gearbox stocks in India?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Cable_Maker_Thermal_Power_Producer_and_Gearbox_Stocks\"><\/span><strong>What Are Cable Maker, Thermal Power Producer and Gearbox Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Cable maker, thermal power producer and gearbox stocks are shares of companies that make power equipment, run grids or fund projects. Results depend on order flow, network additions and execution, so execution and margins separate the stronger names.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Cable_Maker_Thermal_Power_Producer_and_Gearbox_Stocks_at_a_Glance\"><\/span><strong>Cable Maker, Thermal Power Producer and Gearbox 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 cable maker, thermal power producer and gearbox 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;\">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\/rrkabel\/rr-kabel-ltd-share-price-today\">RR Kabel<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,603.90<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">30,459<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">50.13<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">50.85<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19.12%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.13<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/adanipower\/adani-power-ltd-share-price-today\">Adani Power<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">196.50<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">362,552<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">24.93<\/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;\">19.76%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.84<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/elecon\/elecon-engineering-company-ltd-share-price-today\">Elecon Engineering Company<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">493.05<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">9,345<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">39.59<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">47.18<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">14.79%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.12<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Among power and engineering stocks, Adani Power trades at a premium to the industry P\/E, while Elecon Engineering trades at a discount.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Do_Cable_Maker_Thermal_Power_Producer_and_Gearbox_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Cable Maker, Thermal Power Producer and Gearbox Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Cable maker, thermal power producer and gearbox stocks have a strong roadmap in India because housing and grid expansion, rising power demand and heavy industry spending keep adding business for these firms. Three drivers stand out.<\/p>\n<ul>\n<li><strong>Housing and grids:<\/strong> New homes and networks need wires and cables.<\/li>\n<li><strong>Power demand:<\/strong> Homes and factories draw more electricity.<\/li>\n<li><strong>Heavy industry:<\/strong> Steel, cement and ports buy gearboxes and handling systems.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"RR_Kabel_Wires_Cables_and_Electrical_Goods_Anchor_the_Roadmap\"><\/span><strong>RR Kabel: Wires, Cables and Electrical Goods Anchor the Roadmap<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>RR Kabel&#8217;s roadmap rests on wires and cables along with fans, lighting and other electrical goods, with housing and infrastructure demand supporting sales.<\/p>\n<p>Revenue grew from Rs 4,432.22 crore in FY22 to Rs 9,778.78 crore in FY26, a 120.6% rise, and FY26 revenue was 27.5% higher than FY25. FY26 net profit rose 58.0% to Rs 492.22 crore. Over four years, net profit rose from Rs 213.94 crore in FY22 to Rs 492.22 crore. In Q1 FY27, revenue grew 54.6% to Rs 3,201.10 crore. Operating margin was 8.52% in FY26 and 10.48% in Q1 FY27 against 7.55% a year earlier.<\/p>\n<p>Debt to equity is 0.13 and return on equity is 19.12%. FY26 operating cash flow was Rs 295.29 crore against capital expenditure of Rs 291.03 crore. RR Kabel paid a dividend of Rs 9.5 per share for FY26, a yield of 0.35%. At a P\/E of 50.13 against an industry P\/E of 50.85, the stock trades in line with its industry multiple.<\/p>\n<p>What to watch: Q1 FY27 operating margin was 10.48% against 8.52% for FY26, so margin stability is the figure to follow as volumes grow.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Adani_Power_Thermal_Power_Capacity_Anchors_the_Roadmap\"><\/span><strong>Adani Power: Thermal Power Capacity Anchors the Roadmap<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Adani Power&#8217;s roadmap rests on thermal power generation from large plants supplying power across India, with long-term power purchase agreements supporting revenue.<\/p>\n<p>Revenue grew from Rs 31,686.47 crore in FY22 to Rs 57,865.28 crore in FY26, an 82.6% rise. FY26 net profit rose 1.7% to Rs 12,971.08 crore. Over four years, net profit rose from Rs 4,911.58 crore in FY22 to Rs 12,971.08 crore. In Q1 FY27, revenue grew 32.6% to Rs 19,322.30 crore, and net profit rose 47.2% to Rs 4,866.60 crore. Operating margin was 43.20% in FY26 and 44.90% in Q1 FY27 against 43.59% a year earlier.<\/p>\n<p>Debt to equity is 0.84 and return on equity is 19.76%. FY26 operating cash flow was Rs 20,513.65 crore against capital expenditure of Rs 23,350.09 crore. At a P\/E of 24.93 against an industry P\/E of 22.17, the stock trades above its industry multiple.<\/p>\n<p>What to watch: Q1 FY27 operating margin was 44.90% against 43.20% for FY26, so margin stability is the figure to follow as volumes grow.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Elecon_Engineering_Company_Gearboxes_and_Material_Handling_Build_the_Next_Leg\"><\/span><strong>Elecon Engineering Company: Gearboxes and Material Handling Build the Next Leg<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Elecon Engineering&#8217;s roadmap rests on industrial gearboxes and material handling equipment for steel, cement, power and port users, with industrial capex and replacement demand supporting orders.<\/p>\n<p>Revenue grew from Rs 1,220.51 crore in FY22 to Rs 2,447.22 crore in FY26, a 100.5% rise, and FY26 revenue was 7.3% higher than FY25. FY26 net profit was Rs 341.15 crore. In Q1 FY27, revenue grew 4.9% to Rs 542.47 crore. Operating margin was 24.68% in FY26.<\/p>\n<p>Debt to equity is 0.12 and return on equity is 14.79%. FY26 operating cash flow was Rs 314.22 crore against capital expenditure of Rs 119.51 crore. Elecon Engineering paid a dividend of Rs 2 per share for FY26, a yield of 0.48%. At a P\/E of 39.59 against an industry P\/E of 47.18, the stock trades below its industry multiple.<\/p>\n<p>What to watch: The P\/E of 39.59 against an industry P\/E of 47.18 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_Cable_Maker_Thermal_Power_Producer_and_Gearbox_Stocks_in_India_RR_Kabel_vs_Adani_Power_vs_Elecon_Engineering_on_Key_Financials\"><\/span><strong>Best Cable Maker, Thermal Power Producer and Gearbox Stocks in India: RR Kabel vs Adani Power vs Elecon Engineering on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the best cable maker, thermal power producer and gearbox stocks in India, RR Kabel leads on Q1 FY27 revenue growth; Adani Power leads on FY26 operating margin and return on equity; Elecon Engineering leads on the lowest debt to equity and dividend yield. 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;\">RR Kabel<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Adani Power<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Elecon Engineering<\/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;\">9,778.78<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">57,865.28<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,447.22<\/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;\">492.22<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">12,971.08<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">341.15<\/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;\">8.52%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">43.20%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">24.68%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Q1 FY27 revenue growth (YoY)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">54.6%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">32.6%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4.9%<\/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;\">19.12%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19.76%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">14.79%<\/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;\">50.13<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">24.93<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">39.59<\/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;\">0.13<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.84<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.12<\/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;\">0.35%<\/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;\">0.48%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 operating cash flow (Rs Cr)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">295.29<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">20,513.65<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">314.22<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Power and engineering earnings follow order flow, network additions 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_Cable_Maker_Thermal_Power_Producer_and_Gearbox_Stocks_to_Buy_Before_You_Invest\"><\/span><strong>How to Evaluate Cable Maker, Thermal Power Producer and Gearbox 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 cable maker, thermal power producer and gearbox stocks and shortlist cable maker, thermal power producer and gearbox 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 cable maker, thermal power producer and gearbox stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Consider_Before_Investing_in_Cable_Maker_Thermal_Power_Producer_and_Gearbox_Stocks\"><\/span><strong>Risks to Consider Before Investing in Cable Maker, Thermal Power Producer and Gearbox 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 RR Kabel, Adani Power and Elecon Engineering live.<\/em><\/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 cables, thermal power and industrial gearboxes. RR Kabel leads on Q1 FY27 revenue growth; Adani Power leads on FY26 operating margin and return on equity; Elecon Engineering leads on the lowest debt to equity and dividend yield.<\/p>\n<p>Across cable maker, thermal power producer and gearbox 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 cable maker, thermal power producer and gearbox 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_Cable_Maker_Thermal_Power_Producer_and_Gearbox_Stocks\"><\/span><strong>FAQs on Cable Maker, Thermal Power Producer and Gearbox Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_are_the_best_cable_maker_thermal_power_producer_and_gearbox_stocks_in_India_with_a_strong_roadmap\"><\/span><strong>Which are the best cable maker, thermal power producer and gearbox stocks in India with a strong roadmap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> RR Kabel, Adani Power and Elecon Engineering Company stand out for their roadmaps in cables, thermal power and industrial gearboxes. Return on equity ranges from 14.79% to 19.76%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_RR_Kabel_a_good_stock_to_buy_now\"><\/span><strong>Is RR Kabel a good stock to buy now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> RR Kabel has a debt to equity ratio of 0.13, a return on equity of 19.12% and a P\/E of 50.13 against an industry P\/E of 50.85. 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_RR_Kabel_Adani_Power_and_Elecon_Engineering\"><\/span><strong>What is the P\/E ratio of RR Kabel, Adani Power and Elecon Engineering?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The P\/E ratio is 50.13 for RR Kabel (industry 50.85), 24.93 for Adani Power (industry 22.17) and 39.59 for Elecon Engineering (industry 47.18). Only Adani Power trades at or above the industry multiple.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_these_cable_maker_thermal_power_producer_and_gearbox_stocks_has_the_highest_return_on_equity\"><\/span><strong>Which of these cable maker, thermal power producer and gearbox stocks has the highest return on equity?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Adani Power has the highest return on equity at 19.76%, followed by RR Kabel at 19.12% and Elecon Engineering Company at 14.79%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_investing_in_cable_maker_thermal_power_producer_and_gearbox_stocks\"><\/span><strong>What are the risks of investing in cable maker, thermal power producer and gearbox 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_RR_Kabel_Adani_Power_and_Elecon_Engineering_perform_in_Q1_FY27\"><\/span><strong>How did RR Kabel, Adani Power and Elecon Engineering perform in Q1 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> RR Kabel reported revenue of Rs 3,201.10 crore, up 54.6% year on year. Adani Power reported revenue of Rs 19,322.30 crore, up 32.6% year on year, and net profit rose 47.2% to Rs 4,866.60 crore. Elecon Engineering Company reported revenue of Rs 542.47 crore, up 4.9% year on year.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Do_cable_maker_thermal_power_producer_and_gearbox_stocks_pay_dividends\"><\/span><strong>Do cable maker, thermal power producer and gearbox stocks pay dividends?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> RR Kabel and Elecon Engineering pay dividends. The dividend yield is 0.35% for RR Kabel and 0.48% for Elecon Engineering, based on dividends declared for FY26.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_can_I_invest_in_cable_maker_thermal_power_producer_and_gearbox_stocks_in_India\"><\/span><strong>How can I invest in cable maker, thermal power producer and gearbox stocks in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> You can buy cable maker, thermal power producer and gearbox 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 cable maker, thermal power producer and gearbox stocks in India with a strong roadmap?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"RR Kabel, Adani Power and Elecon Engineering Company stand out for their roadmaps in cables, thermal power and industrial gearboxes. Return on equity ranges from 14.79% to 19.76%.\"}},{\"@type\":\"Question\",\"name\":\"Is RR Kabel a good stock to buy now?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"RR Kabel has a debt to equity ratio of 0.13, a return on equity of 19.12% and a P\/E of 50.13 against an industry P\/E of 50.85. Valuation, order flow and execution move results. 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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>RR Kabel, Adani Power and Elecon Engineering Company compared on growth, margins, debt and valuation, with the roadmap and risks investors should track.<\/p>\n","protected":false},"author":35,"featured_media":313094,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[4288,12468,10558,7035,12803,12804],"class_list":["post-313095","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-adani-power","tag-cable-maker","tag-elecon-engineering-company","tag-rr-kabel","tag-thermal-power-producer-and-gearbox-stocks","tag-thermal-power-producer-and-gearbox-stocks-to-buy"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["313094"],"rank_math_title":["Cable Maker, Thermal Power Producer and Gearbox Stocks"],"rank_math_description":["Cable maker, thermal power producer and gearbox stocks with a strong roadmap compared on growth, margins, valuation and risks."],"rank_math_focus_keyword":["cable maker, thermal power producer and gearbox 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-cable-maker-thermal-power-producer-and-gearbox-stocks-with-a-strong-future.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/313095","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=313095"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/313095\/revisions"}],"predecessor-version":[{"id":313096,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/313095\/revisions\/313096"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/313094"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=313095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=313095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=313095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}