{"id":316933,"date":"2026-10-19T14:41:21","date_gmt":"2026-10-19T09:11:21","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=316933"},"modified":"2026-10-19T14:41:21","modified_gmt":"2026-10-19T09:11:21","slug":"power-utility-city-gas-operator-and-electronics-maker-stocks-roadmap-keystone-list","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/power-utility-city-gas-operator-and-electronics-maker-stocks-roadmap-keystone-list\/","title":{"rendered":"3 Power Utility, City Gas Operator and Electronics Maker Stocks With a Strong Future Roadmap: Torrent Power, Adani Total Gas and Centum Electronics"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Torrent Power Rs 1,226.30, P\/E 25.60. Adani Total Gas Rs 579.35. Centum Electronics Rs 4,026.20. 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;\">Power utility, city gas operator and electronics maker stocks with the clearest long-term roadmaps today include Torrent Power in power generation from thermal, gas and renewable plants and electricity distribution in cities such as Ahmedabad, Surat and Agra, Adani Total Gas in city gas distribution licences across many cities, along with CNG stations, industrial supply and EV charging and Centum Electronics in electronics design and manufacturing for defence, aerospace and industrial users. 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>Power utility, city gas operator and electronics maker stocks give investors exposure to electricity, city gas and specialised electronics. Tariffs, volumes and margins decide how much of that demand turns into profit.<\/p>\n<p>This list covers three power utility, city gas operator and electronics maker stocks: Torrent Power for power generation from thermal, gas and renewable plants and electricity distribution in cities such as Ahmedabad, Surat and Agra, Adani Total Gas for city gas distribution licences across many cities, along with CNG stations, industrial supply and EV charging and Centum Electronics for electronics design and manufacturing for defence, aerospace and industrial 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=power-utility-city-gas-operator-and-electronics-maker-stocks-roadmap-keystone-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\/power-utility-city-gas-operator-and-electronics-maker-stocks-roadmap-keystone-list\/#What_Are_Power_Utility_City_Gas_Operator_and_Electronics_Maker_Stocks\" title=\"What Are Power Utility, City Gas Operator and Electronics Maker Stocks?\">What Are Power Utility, City Gas Operator and Electronics Maker 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\/power-utility-city-gas-operator-and-electronics-maker-stocks-roadmap-keystone-list\/#Power_Utility_City_Gas_Operator_and_Electronics_Maker_Stocks_at_a_Glance\" title=\"Power Utility, City Gas Operator and Electronics Maker Stocks at a Glance\">Power Utility, City Gas Operator and Electronics Maker 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\/power-utility-city-gas-operator-and-electronics-maker-stocks-roadmap-keystone-list\/#Why_Do_Power_Utility_City_Gas_Operator_and_Electronics_Maker_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Power Utility, City Gas Operator and Electronics Maker Stocks Have a Strong Roadmap in India?\">Why Do Power Utility, City Gas Operator and Electronics Maker 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\/power-utility-city-gas-operator-and-electronics-maker-stocks-roadmap-keystone-list\/#Torrent_Power_Generation_Distribution_and_Renewables_Anchor_the_Roadmap\" title=\"Torrent Power: Generation, Distribution and Renewables Anchor the Roadmap\">Torrent Power: Generation, Distribution and Renewables 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\/power-utility-city-gas-operator-and-electronics-maker-stocks-roadmap-keystone-list\/#Adani_Total_Gas_Multi-City_Gas_Licences_Build_the_Next_Leg\" title=\"Adani Total Gas: Multi-City Gas Licences Build the Next Leg\">Adani Total Gas: Multi-City Gas Licences 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-6\" href=\"https:\/\/univest.in\/blogs-2\/power-utility-city-gas-operator-and-electronics-maker-stocks-roadmap-keystone-list\/#Centum_Electronics_Defence_Electronics_Anchors_the_Roadmap\" title=\"Centum Electronics: Defence Electronics Anchors the Roadmap\">Centum Electronics: Defence Electronics Anchors 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\/power-utility-city-gas-operator-and-electronics-maker-stocks-roadmap-keystone-list\/#Best_Power_Utility_City_Gas_Operator_and_Electronics_Maker_Stocks_in_India_Torrent_Power_vs_Adani_Total_Gas_vs_Centum_Electronics_on_Key_Financials\" title=\"Best Power Utility, City Gas Operator and Electronics Maker Stocks in India: Torrent Power vs Adani Total Gas vs Centum Electronics on Key Financials\">Best Power Utility, City Gas Operator and Electronics Maker Stocks in India: Torrent Power vs Adani Total Gas vs Centum Electronics 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\/power-utility-city-gas-operator-and-electronics-maker-stocks-roadmap-keystone-list\/#How_to_Evaluate_Power_Utility_City_Gas_Operator_and_Electronics_Maker_Stocks_to_Buy_Before_You_Invest\" title=\"How to Evaluate Power Utility, City Gas Operator and Electronics Maker Stocks to Buy Before You Invest\">How to Evaluate Power Utility, City Gas Operator and Electronics Maker 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\/power-utility-city-gas-operator-and-electronics-maker-stocks-roadmap-keystone-list\/#Risks_to_Consider_Before_Investing_in_Power_Utility_City_Gas_Operator_and_Electronics_Maker_Stocks\" title=\"Risks to Consider Before Investing in Power Utility, City Gas Operator and Electronics Maker Stocks\">Risks to Consider Before Investing in Power Utility, City Gas Operator and Electronics Maker 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\/power-utility-city-gas-operator-and-electronics-maker-stocks-roadmap-keystone-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\/power-utility-city-gas-operator-and-electronics-maker-stocks-roadmap-keystone-list\/#FAQs_on_Power_Utility_City_Gas_Operator_and_Electronics_Maker_Stocks\" title=\"FAQs on Power Utility, City Gas Operator and Electronics Maker Stocks\">FAQs on Power Utility, City Gas Operator and Electronics Maker 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\/power-utility-city-gas-operator-and-electronics-maker-stocks-roadmap-keystone-list\/#Which_are_the_best_power_utility_city_gas_operator_and_electronics_maker_stocks_in_India_with_a_strong_roadmap\" title=\"Which are the best power utility, city gas operator and electronics maker stocks in India with a strong roadmap?\">Which are the best power utility, city gas operator and electronics maker 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\/power-utility-city-gas-operator-and-electronics-maker-stocks-roadmap-keystone-list\/#Is_Torrent_Power_a_good_stock_to_buy_now\" title=\"Is Torrent Power a good stock to buy now?\">Is Torrent 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\/power-utility-city-gas-operator-and-electronics-maker-stocks-roadmap-keystone-list\/#What_is_the_PE_ratio_of_Torrent_Power_Adani_Total_Gas_and_Centum_Electronics\" title=\"What is the P\/E ratio of Torrent Power, Adani Total Gas and Centum Electronics?\">What is the P\/E ratio of Torrent Power, Adani Total Gas and Centum Electronics?<\/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\/power-utility-city-gas-operator-and-electronics-maker-stocks-roadmap-keystone-list\/#Which_of_these_power_utility_city_gas_operator_and_electronics_maker_stocks_has_the_highest_return_on_equity\" title=\"Which of these power utility, city gas operator and electronics maker stocks has the highest return on equity?\">Which of these power utility, city gas operator and electronics maker 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\/power-utility-city-gas-operator-and-electronics-maker-stocks-roadmap-keystone-list\/#What_are_the_risks_of_investing_in_power_utility_city_gas_operator_and_electronics_maker_stocks\" title=\"What are the risks of investing in power utility, city gas operator and electronics maker stocks?\">What are the risks of investing in power utility, city gas operator and electronics maker 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\/power-utility-city-gas-operator-and-electronics-maker-stocks-roadmap-keystone-list\/#How_did_Torrent_Power_Adani_Total_Gas_and_Centum_Electronics_perform_in_Q1_FY27\" title=\"How did Torrent Power, Adani Total Gas and Centum Electronics perform in Q1 FY27?\">How did Torrent Power, Adani Total Gas and Centum Electronics 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\/power-utility-city-gas-operator-and-electronics-maker-stocks-roadmap-keystone-list\/#Do_power_utility_city_gas_operator_and_electronics_maker_stocks_pay_dividends\" title=\"Do power utility, city gas operator and electronics maker stocks pay dividends?\">Do power utility, city gas operator and electronics maker 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\/power-utility-city-gas-operator-and-electronics-maker-stocks-roadmap-keystone-list\/#How_can_I_invest_in_power_utility_city_gas_operator_and_electronics_maker_stocks_in_India\" title=\"How can I invest in power utility, city gas operator and electronics maker stocks in India?\">How can I invest in power utility, city gas operator and electronics maker stocks in India?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Power_Utility_City_Gas_Operator_and_Electronics_Maker_Stocks\"><\/span><strong>What Are Power Utility, City Gas Operator and Electronics Maker Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Power utility, city gas operator and electronics maker stocks are shares of companies that supply gas, fund power projects or build equipment. Results depend on order flow, gas volumes and execution, so execution and margins separate the stronger names.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Power_Utility_City_Gas_Operator_and_Electronics_Maker_Stocks_at_a_Glance\"><\/span><strong>Power Utility, City Gas Operator and Electronics Maker 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 power utility, city gas operator and electronics maker 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\/torntpower\/torrent-power-ltd-share-price-today\">Torrent Power<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,226.30<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">61,176<\/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;\">12.67%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.73<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/atgl\/adani-gas-ltd-share-price-today\">Adani Total Gas<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">579.35<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">61,804<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">14.54<\/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;\">0.46<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/centum\/centum-electronics-ltd-share-price-today\">Centum Electronics<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4,026.20<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">6,119<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">48.37<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">29.34%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.36<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Among energy and engineering stocks, both trade at a premium to their industry P\/E multiples.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Do_Power_Utility_City_Gas_Operator_and_Electronics_Maker_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Power Utility, City Gas Operator and Electronics Maker Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Power utility, city gas operator and electronics maker stocks have a strong roadmap in India because rising power demand, city gas adoption and defence electronics orders keep adding business for these firms. Three drivers stand out.<\/p>\n<ul>\n<li><strong>Power demand:<\/strong> Cities and industries consume more electricity.<\/li>\n<li><strong>City gas:<\/strong> Vehicles, homes and factories switch to CNG and piped gas.<\/li>\n<li><strong>Defence orders:<\/strong> Defence and aerospace users buy specialised electronics.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Torrent_Power_Generation_Distribution_and_Renewables_Anchor_the_Roadmap\"><\/span><strong>Torrent Power: Generation, Distribution and Renewables Anchor the Roadmap<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Torrent Power&#8217;s roadmap rests on power generation from thermal, gas and renewable plants and electricity distribution in cities such as Ahmedabad, Surat and Agra, with distribution franchises and renewable additions supporting earnings.<\/p>\n<p>Revenue grew from Rs 14,492.65 crore in FY22 to Rs 29,288.92 crore in FY26, a 102.1% rise. FY26 net profit was Rs 2,469.36 crore. In Q1 FY27, revenue grew 2.4% to Rs 8,204.81 crore. Operating margin was 20.21% in FY26.<\/p>\n<p>Debt to equity is 0.73 and return on equity is 12.67%. FY26 operating cash flow was Rs 5,464.17 crore against capital expenditure of Rs 7,704.63 crore. Torrent Power paid a dividend of Rs 20 per share for FY26, a yield of 1.65%. At a P\/E of 25.60 against an industry P\/E of 22.17, the stock trades above its industry multiple.<\/p>\n<p>What to watch: The P\/E of 25.60 is a modest premium to the industry P\/E of 22.17, so the next quarters&#8217; growth is the figure to follow.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Adani_Total_Gas_Multi-City_Gas_Licences_Build_the_Next_Leg\"><\/span><strong>Adani Total Gas: Multi-City Gas Licences Build the Next Leg<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Adani Total Gas&#8217; roadmap rests on city gas distribution licences across many cities, along with CNG stations, industrial supply and EV charging, with new geographical areas and a wider station network supporting volumes.<\/p>\n<p>Revenue grew from Rs 3,079.31 crore in FY22 to Rs 5,932.28 crore in FY26, a 92.6% rise, and FY26 revenue was 17.9% higher than FY25. FY26 net profit was Rs 655.72 crore. In Q1 FY27, revenue grew 27.4% to Rs 1,919.77 crore. Operating margin was 19.57% in FY26.<\/p>\n<p>Debt to equity is 0.46 and return on equity is 13.48%. FY26 operating cash flow was Rs 1,148.66 crore against capital expenditure of Rs 987.83 crore. Adani Total Gas paid a dividend of Rs 0.25 per share for FY26, a yield of 0.04%.<\/p>\n<p>What to watch: Return on equity of 13.48% is the figure to follow as growth continues.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Centum_Electronics_Defence_Electronics_Anchors_the_Roadmap\"><\/span><strong>Centum Electronics: Defence Electronics Anchors the Roadmap<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Centum Electronics&#8217; roadmap rests on electronics design and manufacturing for defence, aerospace and industrial users, with defence and space programmes supporting orders.<\/p>\n<p>Revenue grew from Rs 787.96 crore in FY22 to Rs 968.57 crore in FY26, a 22.9% rise, and FY26 revenue was 29.7% higher than FY25. FY26 net profit was Rs 100.71 crore. In Q1 FY27, revenue grew 13.7% to Rs 206.46 crore. Operating margin was 15.85% in FY26.<\/p>\n<p>Debt to equity is 0.36 and return on equity is 29.34%. FY26 operating cash flow was Rs 60.40 crore against capital expenditure of Rs 40.38 crore. Centum Electronics paid a dividend of Rs 5 per share for FY26, a yield of 0.12%.<\/p>\n<p>What to watch: Return on equity of 29.34% is the figure to follow as growth continues.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Best_Power_Utility_City_Gas_Operator_and_Electronics_Maker_Stocks_in_India_Torrent_Power_vs_Adani_Total_Gas_vs_Centum_Electronics_on_Key_Financials\"><\/span><strong>Best Power Utility, City Gas Operator and Electronics Maker Stocks in India: Torrent Power vs Adani Total Gas vs Centum Electronics on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the best power utility, city gas operator and electronics maker stocks in India, Torrent Power leads on FY26 operating margin and dividend yield; Adani Total Gas leads on Q1 FY27 revenue growth; Centum Electronics leads on return on equity and the lowest debt to 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;\">Torrent Power<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Adani Total Gas<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Centum Electronics<\/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;\">29,288.92<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">5,932.28<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">968.57<\/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;\">2,469.36<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">655.72<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">100.71<\/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;\">20.21%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19.57%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">15.85%<\/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;\">2.4%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">27.4%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">13.7%<\/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;\">12.67%<\/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;\">29.34%<\/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;\">0.73<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.46<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.36<\/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;\">1.65%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.04%<\/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;\">FY26 operating cash flow (Rs Cr)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">5,464.17<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,148.66<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">60.40<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Energy and engineering earnings follow order flow, gas volumes 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_Power_Utility_City_Gas_Operator_and_Electronics_Maker_Stocks_to_Buy_Before_You_Invest\"><\/span><strong>How to Evaluate Power Utility, City Gas Operator and Electronics Maker 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 power utility, city gas operator and electronics maker stocks and shortlist power utility, city gas operator and electronics maker 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 power utility, city gas operator and electronics maker stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Consider_Before_Investing_in_Power_Utility_City_Gas_Operator_and_Electronics_Maker_Stocks\"><\/span><strong>Risks to Consider Before Investing in Power Utility, City Gas Operator and Electronics Maker 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 Torrent Power, Adani Total Gas and Centum Electronics 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 energy and engineering stocks cover electricity, city gas and electronics. Torrent Power leads on FY26 operating margin and dividend yield; Adani Total Gas leads on Q1 FY27 revenue growth; Centum Electronics leads on return on equity and the lowest debt to equity.<\/p>\n<p>Across power utility, city gas operator and electronics maker stocks, each roadmap still has to turn growth into steady profit, so independent research and position sizing matter. Investors should consult a SEBI-registered advisor before acting on any of the power utility, city gas operator and electronics maker 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_Power_Utility_City_Gas_Operator_and_Electronics_Maker_Stocks\"><\/span><strong>FAQs on Power Utility, City Gas Operator and Electronics Maker Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_are_the_best_power_utility_city_gas_operator_and_electronics_maker_stocks_in_India_with_a_strong_roadmap\"><\/span><strong>Which are the best power utility, city gas operator and electronics maker stocks in India with a strong roadmap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Torrent Power, Adani Total Gas and Centum Electronics stand out for their roadmaps in electricity, city gas and electronics. Return on equity ranges from 12.67% to 29.34%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Torrent_Power_a_good_stock_to_buy_now\"><\/span><strong>Is Torrent Power a good stock to buy now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Torrent Power has a debt to equity ratio of 0.73, a return on equity of 12.67% and a P\/E of 25.60 against an industry P\/E of 22.17. 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_Torrent_Power_Adani_Total_Gas_and_Centum_Electronics\"><\/span><strong>What is the P\/E ratio of Torrent Power, Adani Total Gas and Centum Electronics?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The P\/E ratio is 25.60 for Torrent Power (industry 22.17). All of them trade at or above the industry multiple.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_these_power_utility_city_gas_operator_and_electronics_maker_stocks_has_the_highest_return_on_equity\"><\/span><strong>Which of these power utility, city gas operator and electronics maker stocks has the highest return on equity?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Centum Electronics has the highest return on equity at 29.34%, followed by Adani Total Gas at 13.48% and Torrent Power at 12.67%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_investing_in_power_utility_city_gas_operator_and_electronics_maker_stocks\"><\/span><strong>What are the risks of investing in power utility, city gas operator and electronics maker 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_Torrent_Power_Adani_Total_Gas_and_Centum_Electronics_perform_in_Q1_FY27\"><\/span><strong>How did Torrent Power, Adani Total Gas and Centum Electronics perform in Q1 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Torrent Power reported revenue of Rs 8,204.81 crore, up 2.4% year on year. Adani Total Gas reported revenue of Rs 1,919.77 crore, up 27.4% year on year. Centum Electronics reported revenue of Rs 206.46 crore, up 13.7% year on year.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Do_power_utility_city_gas_operator_and_electronics_maker_stocks_pay_dividends\"><\/span><strong>Do power utility, city gas operator and electronics maker stocks pay dividends?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Yes, all three companies pay dividends. The dividend yield is 1.65% for Torrent Power, 0.04% for Adani Total Gas and 0.12% for Centum Electronics, based on dividends declared for FY26.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_can_I_invest_in_power_utility_city_gas_operator_and_electronics_maker_stocks_in_India\"><\/span><strong>How can I invest in power utility, city gas operator and electronics maker stocks in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> You can buy power utility, city gas operator and electronics maker 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 power utility, city gas operator and electronics maker stocks in India with a strong roadmap?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Torrent Power, Adani Total Gas and Centum Electronics stand out for their roadmaps in electricity, city gas and electronics. Return on equity ranges from 12.67% to 29.34%.\"}},{\"@type\":\"Question\",\"name\":\"Is Torrent Power a good stock to buy now?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Torrent Power has a debt to equity ratio of 0.73, a return on equity of 12.67% and a P\/E of 25.60 against an industry P\/E of 22.17. 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>Torrent Power, Adani Total Gas and Centum Electronics compared on growth, margins, debt and valuation, with the roadmap and risks investors should track.<\/p>\n","protected":false},"author":35,"featured_media":316932,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[6178,5446,13456,13457,13455,7782],"class_list":["post-316933","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-adani-total-gas","tag-centum-electronics","tag-city-gas-operator-and-electronics-maker-stocks","tag-city-gas-operator-and-electronics-maker-stocks-to-buy","tag-power-utility","tag-torrent-power"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["316932"],"rank_math_title":["power utility, city gas operator and electronics stocks"],"rank_math_description":["Power utility, city gas operator and electronics maker stocks with a strong roadmap compared on growth, margins, valuation and risks."],"rank_math_focus_keyword":["power utility, city gas operator and electronics maker 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-power-utility-city-gas-operator-and-electronics-maker-stocks-with-a-strong.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/316933","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=316933"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/316933\/revisions"}],"predecessor-version":[{"id":316934,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/316933\/revisions\/316934"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/316932"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=316933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=316933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=316933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}