{"id":323468,"date":"2026-10-22T12:18:31","date_gmt":"2026-10-22T06:48:31","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=323468"},"modified":"2026-10-22T12:18:31","modified_gmt":"2026-10-22T06:48:31","slug":"aircraft-and-helicopters-precision-components-and-electronics-manufacturing-stocks-roadmap-meridian-list","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/aircraft-and-helicopters-precision-components-and-electronics-manufacturing-stocks-roadmap-meridian-list\/","title":{"rendered":"3 Aircraft and Helicopters, Precision Components and Electronics Manufacturing Stocks With a Strong Future Roadmap: Hindustan Aeronautics, MTAR Technologies and Syrma SGS Technology"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Hindustan Aeronautics, MTAR Technologies and Syrma SGS Technology: ROE of 11.1% to 22.2% and FY22 to FY26 revenue CAGR of 9.5% to 39.4%. Prices as of 21 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;\">The three aerospace and electronics manufacturing stocks to watch are Hindustan Aeronautics, MTAR Technologies and Syrma SGS Technology. Their return on equity ranges from 11.1% to 22.2%, and their revenue compound annual growth from FY22 to FY26 ranges from 9.5% to 39.4%. Hindustan Aeronautics has the highest return on equity at 22.2%, while Syrma SGS Technology has the fastest revenue growth at 39.4% a year. Prices are based on the 21 October 2026 close, and this article is educational, not investment advice.<\/p>\n<\/div>\n<p>Aerospace and electronics manufacturing stocks let investors follow companies that build aircraft, precision parts and electronic products. Hindustan Aeronautics, MTAR Technologies and Syrma SGS Technology cover aircraft and helicopters, precision components, and electronics manufacturing services.<\/p>\n<p>This list covers three aerospace and electronics manufacturing stocks with complete current figures: Hindustan Aeronautics, MTAR Technologies and Syrma SGS Technology. Every figure comes from the latest reported financials and the 21 October 2026 market close. Companies without complete current figures were left out.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=aircraft-and-helicopters-precision-components-and-electronics-manufacturing-stocks-roadmap-meridian-list\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/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\/aircraft-and-helicopters-precision-components-and-electronics-manufacturing-stocks-roadmap-meridian-list\/#What_Are_Aerospace_and_Electronics_Manufacturing_Stocks\" title=\"What Are Aerospace and Electronics Manufacturing Stocks?\">What Are Aerospace and Electronics Manufacturing 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\/aircraft-and-helicopters-precision-components-and-electronics-manufacturing-stocks-roadmap-meridian-list\/#Aerospace_and_Electronics_Manufacturing_Stocks_at_a_Glance\" title=\"Aerospace and Electronics Manufacturing Stocks at a Glance\">Aerospace and Electronics Manufacturing 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\/aircraft-and-helicopters-precision-components-and-electronics-manufacturing-stocks-roadmap-meridian-list\/#Why_Do_Aerospace_and_Electronics_Manufacturing_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Aerospace and Electronics Manufacturing Stocks Have a Strong Roadmap in India?\">Why Do Aerospace and Electronics Manufacturing 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\/aircraft-and-helicopters-precision-components-and-electronics-manufacturing-stocks-roadmap-meridian-list\/#Why_Hindustan_Aeronautics_Features_Among_These_Aerospace_and_Electronics_Manufacturing_Stocks\" title=\"Why Hindustan Aeronautics Features Among These Aerospace and Electronics Manufacturing Stocks\">Why Hindustan Aeronautics Features Among These Aerospace and Electronics Manufacturing Stocks<\/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\/aircraft-and-helicopters-precision-components-and-electronics-manufacturing-stocks-roadmap-meridian-list\/#Why_MTAR_Technologies_Features_Among_These_Aerospace_and_Electronics_Manufacturing_Stocks\" title=\"Why MTAR Technologies Features Among These Aerospace and Electronics Manufacturing Stocks\">Why MTAR Technologies Features Among These Aerospace and Electronics Manufacturing Stocks<\/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\/aircraft-and-helicopters-precision-components-and-electronics-manufacturing-stocks-roadmap-meridian-list\/#Why_Syrma_SGS_Technology_Features_Among_These_Aerospace_and_Electronics_Manufacturing_Stocks\" title=\"Why Syrma SGS Technology Features Among These Aerospace and Electronics Manufacturing Stocks\">Why Syrma SGS Technology Features Among These Aerospace and Electronics Manufacturing Stocks<\/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\/aircraft-and-helicopters-precision-components-and-electronics-manufacturing-stocks-roadmap-meridian-list\/#Hindustan_Aeronautics_vs_MTAR_Technologies_vs_Syrma_SGS_Technology_on_Key_Financials\" title=\"Hindustan Aeronautics vs MTAR Technologies vs Syrma SGS Technology on Key Financials\">Hindustan Aeronautics vs MTAR Technologies vs Syrma SGS Technology 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\/aircraft-and-helicopters-precision-components-and-electronics-manufacturing-stocks-roadmap-meridian-list\/#Key_Risks_to_Check_Before_Investing_in_Aerospace_and_Electronics_Manufacturing_Stocks\" title=\"Key Risks to Check Before Investing in Aerospace and Electronics Manufacturing Stocks\">Key Risks to Check Before Investing in Aerospace and Electronics Manufacturing Stocks<\/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\/aircraft-and-helicopters-precision-components-and-electronics-manufacturing-stocks-roadmap-meridian-list\/#Final_Thoughts_on_Aerospace_and_Electronics_Manufacturing_Stocks\" title=\"Final Thoughts on Aerospace and Electronics Manufacturing Stocks\">Final Thoughts on Aerospace and Electronics Manufacturing Stocks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/aircraft-and-helicopters-precision-components-and-electronics-manufacturing-stocks-roadmap-meridian-list\/#What_are_aerospace_and_electronics_manufacturing_stocks\" title=\"What are aerospace and electronics manufacturing stocks?\">What are aerospace and electronics manufacturing stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/aircraft-and-helicopters-precision-components-and-electronics-manufacturing-stocks-roadmap-meridian-list\/#Which_aerospace_and_electronics_manufacturing_stocks_are_covered_in_this_list\" title=\"Which aerospace and electronics manufacturing stocks are covered in this list?\">Which aerospace and electronics manufacturing stocks are covered in this list?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/aircraft-and-helicopters-precision-components-and-electronics-manufacturing-stocks-roadmap-meridian-list\/#Why_do_aerospace_and_electronics_manufacturing_stocks_have_a_strong_future_roadmap_in_India\" title=\"Why do aerospace and electronics manufacturing stocks have a strong future roadmap in India?\">Why do aerospace and electronics manufacturing stocks have a strong future roadmap in India?<\/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\/aircraft-and-helicopters-precision-components-and-electronics-manufacturing-stocks-roadmap-meridian-list\/#How_has_Hindustan_Aeronautics_performed_financially\" title=\"How has Hindustan Aeronautics performed financially?\">How has Hindustan Aeronautics performed financially?<\/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\/aircraft-and-helicopters-precision-components-and-electronics-manufacturing-stocks-roadmap-meridian-list\/#How_has_MTAR_Technologies_performed_financially\" title=\"How has MTAR Technologies performed financially?\">How has MTAR Technologies performed financially?<\/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\/aircraft-and-helicopters-precision-components-and-electronics-manufacturing-stocks-roadmap-meridian-list\/#How_has_Syrma_SGS_Technology_performed_financially\" title=\"How has Syrma SGS Technology performed financially?\">How has Syrma SGS Technology performed financially?<\/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\/aircraft-and-helicopters-precision-components-and-electronics-manufacturing-stocks-roadmap-meridian-list\/#What_risks_should_investors_check_before_buying_aerospace_and_electronics_manufacturing_stocks\" title=\"What risks should investors check before buying aerospace and electronics manufacturing stocks?\">What risks should investors check before buying aerospace and electronics manufacturing 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\/aircraft-and-helicopters-precision-components-and-electronics-manufacturing-stocks-roadmap-meridian-list\/#Is_this_list_of_aerospace_and_electronics_manufacturing_stocks_investment_advice\" title=\"Is this list of aerospace and electronics manufacturing stocks investment advice?\">Is this list of aerospace and electronics manufacturing stocks investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Aerospace_and_Electronics_Manufacturing_Stocks\"><\/span><strong>What Are Aerospace and Electronics Manufacturing Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Aerospace and electronics manufacturing stocks are listed companies that make aircraft, critical components and electronic systems for defence, space, clean energy and industrial customers. Their earnings depend on order books, execution speed and capacity.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Aerospace_and_Electronics_Manufacturing_Stocks_at_a_Glance\"><\/span><strong>Aerospace and Electronics Manufacturing Stocks at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\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;\">D\/E<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/hal\/hindustan-aeronautics-ltd-share-price-today\">Hindustan Aeronautics<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4,854.4<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">330,709<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">35.5<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">48.1<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">22.2<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.00<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/mtartech\/mtar-technologies-ltd-share-price-today\">MTAR Technologies<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">6,932<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">22,064<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">165.4<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">48.1<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">11.4<\/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\/syrma\/syrma-sgs-technology-ltd-share-price-today\">Syrma SGS Technology<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,473.1<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">29,841<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">74.3<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">73.6<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">11.1<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.14<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>On valuation, Hindustan Aeronautics trades at a P\/E below the industry P\/E, while MTAR Technologies and Syrma SGS Technology trade above it, which reflects the growth the market already expects. Readers comparing aerospace and electronics manufacturing stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Do_Aerospace_and_Electronics_Manufacturing_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Aerospace and Electronics Manufacturing Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Aerospace and electronics manufacturing stocks have a strong roadmap in India because local production policy, rising defence and space spending and the growth of electronics manufacturing are building long order pipelines.<\/p>\n<ul>\n<li><strong>Local production push.<\/strong> Government policy favours Indian-made aircraft and electronics.<\/li>\n<li><strong>Qualification barriers.<\/strong> Space and clean energy parts need years of customer approval.<\/li>\n<li><strong>Electronics demand.<\/strong> More devices and vehicles use locally assembled electronics.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Why_Hindustan_Aeronautics_Features_Among_These_Aerospace_and_Electronics_Manufacturing_Stocks\"><\/span><strong>Why Hindustan Aeronautics Features Among These Aerospace and Electronics Manufacturing Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the aerospace and electronics manufacturing stocks on this list, Hindustan Aeronautics is India&#8217;s leading aerospace and defence company, making fighter aircraft, helicopters, engines and avionics, and providing repair and overhaul services for the armed forces.<\/p>\n<p>In the June 2026 quarter, revenue grew 15.3% year on year to Rs 6,415 crore, while net profit rose 14.9% to Rs 1,590 crore. Revenue rose from Rs 25,605 crore in FY22 to Rs 36,788 crore in FY26, a compound annual growth rate of 9.5%.<\/p>\n<p>Net profit grew from Rs 5,080 crore in FY22 to Rs 9,116 crore in FY26, which works out to a compound annual growth rate of 15.7%. The company has a return on equity of 22.2%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 330,709 crore. The stock trades at a P\/E of 35.5, below the industry P\/E of 48.1.<\/p>\n<p><strong>Roadmap:<\/strong> The company has a large order book that includes light combat aircraft, helicopters and licensed production of fighter jets, and it is working on new engine programmes with global partners. Its overhaul and maintenance work provides recurring revenue.<\/p>\n<p><strong>What to watch:<\/strong> Track deliveries of new aircraft and progress on engine and helicopter programmes.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_MTAR_Technologies_Features_Among_These_Aerospace_and_Electronics_Manufacturing_Stocks\"><\/span><strong>Why MTAR Technologies Features Among These Aerospace and Electronics Manufacturing Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the aircraft maker shares on this list, MTAR Technologies is a Hyderabad-based maker of precision engineered components and assemblies for clean energy, nuclear, space and defence customers.<\/p>\n<p>The company has a return on equity of 11.4%, a debt to equity ratio of 0.46 and a market capitalisation of Rs 22,064 crore. The stock trades at a P\/E of 165.4, above the industry P\/E of 48.1.<\/p>\n<p>Revenue rose from Rs 331 crore in FY22 to Rs 899 crore in FY26, a compound annual growth rate of 28.4%. Net profit grew from Rs 60.9 crore in FY22 to Rs 94.0 crore in FY26, which works out to a compound annual growth rate of 11.5%.<\/p>\n<p><strong>Roadmap:<\/strong> The company supplies critical parts for fuel cell systems, space launch vehicles and nuclear power programmes, areas where qualification takes years and customer relationships are long-lasting. Added capacity and a growing order book support future revenue.<\/p>\n<p><strong>What to watch:<\/strong> Check order book execution in clean energy and the ramp-up of newly added capacity.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Syrma_SGS_Technology_Features_Among_These_Aerospace_and_Electronics_Manufacturing_Stocks\"><\/span><strong>Why Syrma SGS Technology Features Among These Aerospace and Electronics Manufacturing Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the three companies on this list, Syrma SGS Technology is an electronics manufacturing services company that makes printed circuit boards, box builds and electronic products for industrial, automotive, healthcare and consumer customers.<\/p>\n<p>Revenue rose from Rs 1,284 crore in FY22 to Rs 4,857 crore in FY26, a compound annual growth rate of 39.4%. Net profit grew from Rs 76.4 crore in FY22 to Rs 346 crore in FY26, which works out to a compound annual growth rate of 45.8%.<\/p>\n<p>The company has a return on equity of 11.1%, a debt to equity ratio of 0.14 and a market capitalisation of Rs 29,841 crore. The stock trades at a P\/E of 74.3, above the industry P\/E of 73.6.<\/p>\n<p><strong>Roadmap:<\/strong> The company benefits from the shift of electronics manufacturing to India, supported by government incentives. It is adding capacity and new capabilities in areas such as RFID, magnetics and printed circuit boards.<\/p>\n<p><strong>What to watch:<\/strong> Check order inflow from new customers and the ramp-up of new manufacturing lines.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Hindustan_Aeronautics_vs_MTAR_Technologies_vs_Syrma_SGS_Technology_on_Key_Financials\"><\/span><strong>Hindustan Aeronautics vs MTAR Technologies vs Syrma SGS Technology on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets the three aerospace and electronics manufacturing stocks side by side on revenue, profit and margin, using reported figures.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\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;\">FY22 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Revenue CAGR (FY22-FY26)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Net Profit (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Net Margin<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Hindustan Aeronautics<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">25,605<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">36,788<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">9.5%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">9,116<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">24.8%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">MTAR Technologies<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">331<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">899<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">28.4%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">94.0<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">10.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Syrma SGS Technology<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,284<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4,857<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">39.4%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">346<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">7.1%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>Hindustan Aeronautics posts the highest return on equity in this group at 22.2%. Hindustan Aeronautics has the largest FY26 revenue at Rs 36,788 crore, and Syrma SGS Technology shows the fastest revenue growth with a 39.4% compound annual rate. A useful habit with aerospace and electronics manufacturing stocks is to check each new quarterly result against the capacity plans the company described earlier.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_Check_Before_Investing_in_Aerospace_and_Electronics_Manufacturing_Stocks\"><\/span><strong>Key Risks to Check Before Investing in Aerospace and Electronics Manufacturing Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Every theme carries risks that deserve a check before any decision. For these aerospace and electronics manufacturing stocks, the main points are:<\/p>\n<ul>\n<li><strong>Order timing.<\/strong> Large programmes can shift between quarters.<\/li>\n<li><strong>Execution demands.<\/strong> Strict delivery and quality schedules must be met.<\/li>\n<li><strong>Valuation levels.<\/strong> Some of these companies trade at high earnings multiples, so growth must continue to justify them.<\/li>\n<\/ul>\n<p>Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Use the Univest Stock Screener<\/a><\/strong> to filter aerospace and electronics manufacturing stocks by market capitalisation, P\/E, ROE and growth, and build your own shortlist.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Final_Thoughts_on_Aerospace_and_Electronics_Manufacturing_Stocks\"><\/span><strong>Final Thoughts on Aerospace and Electronics Manufacturing Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Aerospace and electronics manufacturing stocks reward investors who follow order books, deliveries and capacity additions together. Hindustan Aeronautics, MTAR Technologies and Syrma SGS Technology each play a different part in the supply chain. Based on the 21 October 2026 close, Hindustan Aeronautics trades at Rs 4,854.4, MTAR Technologies at Rs 6,932 and Syrma SGS Technology at Rs 1,473.1.<\/p>\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 aerospace and electronics manufacturing stocks, set price alerts and get research-backed stock ideas.<\/em><\/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<\/div>\n<h3><span class=\"ez-toc-section\" id=\"What_are_aerospace_and_electronics_manufacturing_stocks\"><\/span><strong>What are aerospace and electronics manufacturing stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Aerospace and electronics manufacturing stocks are listed companies that make aircraft, critical components and electronic systems for defence, space, clean energy and industrial customers. Their earnings depend on order books, execution speed and capacity. This list looks at three of them, Hindustan Aeronautics, MTAR Technologies and Syrma SGS Technology, using reported FY22 to FY26 financials and the 21 October 2026 closing prices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_aerospace_and_electronics_manufacturing_stocks_are_covered_in_this_list\"><\/span><strong>Which aerospace and electronics manufacturing stocks are covered in this list?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This list covers Hindustan Aeronautics, MTAR Technologies and Syrma SGS Technology. Based on the 21 October 2026 close, Hindustan Aeronautics traded at Rs 4,854.4, MTAR Technologies at Rs 6,932 and Syrma SGS Technology at Rs 1,473.1. Their return on equity ranges from 11.1% to 22.2%, and their revenue compound annual growth from FY22 to FY26 ranges from 9.5% to 39.4%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_do_aerospace_and_electronics_manufacturing_stocks_have_a_strong_future_roadmap_in_India\"><\/span><strong>Why do aerospace and electronics manufacturing stocks have a strong future roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Aerospace and electronics manufacturing stocks have a strong roadmap in India because local production policy, rising defence and space spending and the growth of electronics manufacturing are building long order pipelines. The main drivers are as follows. Local production push. Government policy favours Indian-made aircraft and electronics. Qualification barriers. Space and clean energy parts need years of customer approval. Electronics demand. More devices and vehicles use locally assembled electronics. Together these factors give the companies on this list a visible path for growth over the coming years.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Hindustan_Aeronautics_performed_financially\"><\/span><strong>How has Hindustan Aeronautics performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 25,605 crore in FY22 to Rs 36,788 crore in FY26, a compound annual growth rate of 9.5%. Net profit grew from Rs 5,080 crore in FY22 to Rs 9,116 crore in FY26, which works out to a compound annual growth rate of 15.7%. In the June 2026 quarter, revenue grew 15.3% year on year to Rs 6,415 crore, while net profit rose 14.9% to Rs 1,590 crore. The company has a return on equity of 22.2%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 330,709 crore. The stock trades at a P\/E of 35.5, below the industry P\/E of 48.1. Looking ahead, the company has a large order book that includes light combat aircraft, helicopters and licensed production of fighter jets, and it is working on new engine programmes with global partners. Its overhaul and maintenance work provides recurring revenue.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_MTAR_Technologies_performed_financially\"><\/span><strong>How has MTAR Technologies performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 331 crore in FY22 to Rs 899 crore in FY26, a compound annual growth rate of 28.4%. Net profit grew from Rs 60.9 crore in FY22 to Rs 94.0 crore in FY26, which works out to a compound annual growth rate of 11.5%. The company has a return on equity of 11.4%, a debt to equity ratio of 0.46 and a market capitalisation of Rs 22,064 crore. The stock trades at a P\/E of 165.4, above the industry P\/E of 48.1. Looking ahead, the company supplies critical parts for fuel cell systems, space launch vehicles and nuclear power programmes, areas where qualification takes years and customer relationships are long-lasting. Added capacity and a growing order book support future revenue.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Syrma_SGS_Technology_performed_financially\"><\/span><strong>How has Syrma SGS Technology performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 1,284 crore in FY22 to Rs 4,857 crore in FY26, a compound annual growth rate of 39.4%. Net profit grew from Rs 76.4 crore in FY22 to Rs 346 crore in FY26, which works out to a compound annual growth rate of 45.8%. The company has a return on equity of 11.1%, a debt to equity ratio of 0.14 and a market capitalisation of Rs 29,841 crore. The stock trades at a P\/E of 74.3, above the industry P\/E of 73.6. Looking ahead, the company benefits from the shift of electronics manufacturing to India, supported by government incentives. It is adding capacity and new capabilities in areas such as RFID, magnetics and printed circuit boards.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_risks_should_investors_check_before_buying_aerospace_and_electronics_manufacturing_stocks\"><\/span><strong>What risks should investors check before buying aerospace and electronics manufacturing stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Investors should check a few risks before buying aerospace and electronics manufacturing stocks. Order timing. Large programmes can shift between quarters. Execution demands. Strict delivery and quality schedules must be met. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_list_of_aerospace_and_electronics_manufacturing_stocks_investment_advice\"><\/span><strong>Is this list of aerospace and electronics manufacturing stocks investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. This article is educational and uses publicly available data as of the 21 October 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What are aerospace and electronics manufacturing stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Aerospace and electronics manufacturing stocks are listed companies that make aircraft, critical components and electronic systems for defence, space, clean energy and industrial customers. Their earnings depend on order books, execution speed and capacity. This list looks at three of them, Hindustan Aeronautics, MTAR Technologies and Syrma SGS Technology, using reported FY22 to FY26 financials and the 21 October 2026 closing prices.\"}},{\"@type\":\"Question\",\"name\":\"Which aerospace and electronics manufacturing stocks are covered in this list?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This list covers Hindustan Aeronautics, MTAR Technologies and Syrma SGS Technology. Based on the 21 October 2026 close, Hindustan Aeronautics traded at Rs 4,854.4, MTAR Technologies at Rs 6,932 and Syrma SGS Technology at Rs 1,473.1. Their return on equity ranges from 11.1% to 22.2%, and their revenue compound annual growth from FY22 to FY26 ranges from 9.5% to 39.4%.\"}},{\"@type\":\"Question\",\"name\":\"Why do aerospace and electronics manufacturing stocks have a strong future roadmap in India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Aerospace and electronics manufacturing stocks have a strong roadmap in India because local production policy, rising defence and space spending and the growth of electronics manufacturing are building long order pipelines. The main drivers are as follows. Local production push. Government policy favours Indian-made aircraft and electronics. Qualification barriers. Space and clean energy parts need years of customer approval. Electronics demand. More devices and vehicles use locally assembled electronics. Together these factors give the companies on this list a visible path for growth over the coming years.\"}},{\"@type\":\"Question\",\"name\":\"How has Hindustan Aeronautics performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 25,605 crore in FY22 to Rs 36,788 crore in FY26, a compound annual growth rate of 9.5%. Net profit grew from Rs 5,080 crore in FY22 to Rs 9,116 crore in FY26, which works out to a compound annual growth rate of 15.7%. In the June 2026 quarter, revenue grew 15.3% year on year to Rs 6,415 crore, while net profit rose 14.9% to Rs 1,590 crore. The company has a return on equity of 22.2%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 330,709 crore. The stock trades at a P\/E of 35.5, below the industry P\/E of 48.1. Looking ahead, the company has a large order book that includes light combat aircraft, helicopters and licensed production of fighter jets, and it is working on new engine programmes with global partners. Its overhaul and maintenance work provides recurring revenue.\"}},{\"@type\":\"Question\",\"name\":\"How has MTAR Technologies performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 331 crore in FY22 to Rs 899 crore in FY26, a compound annual growth rate of 28.4%. Net profit grew from Rs 60.9 crore in FY22 to Rs 94.0 crore in FY26, which works out to a compound annual growth rate of 11.5%. The company has a return on equity of 11.4%, a debt to equity ratio of 0.46 and a market capitalisation of Rs 22,064 crore. The stock trades at a P\/E of 165.4, above the industry P\/E of 48.1. Looking ahead, the company supplies critical parts for fuel cell systems, space launch vehicles and nuclear power programmes, areas where qualification takes years and customer relationships are long-lasting. Added capacity and a growing order book support future revenue.\"}},{\"@type\":\"Question\",\"name\":\"How has Syrma SGS Technology performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 1,284 crore in FY22 to Rs 4,857 crore in FY26, a compound annual growth rate of 39.4%. Net profit grew from Rs 76.4 crore in FY22 to Rs 346 crore in FY26, which works out to a compound annual growth rate of 45.8%. The company has a return on equity of 11.1%, a debt to equity ratio of 0.14 and a market capitalisation of Rs 29,841 crore. The stock trades at a P\/E of 74.3, above the industry P\/E of 73.6. Looking ahead, the company benefits from the shift of electronics manufacturing to India, supported by government incentives. It is adding capacity and new capabilities in areas such as RFID, magnetics and printed circuit boards.\"}},{\"@type\":\"Question\",\"name\":\"What risks should investors check before buying aerospace and electronics manufacturing stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Investors should check a few risks before buying aerospace and electronics manufacturing stocks. Order timing. Large programmes can shift between quarters. Execution demands. Strict delivery and quality schedules must be met. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. 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Compare price, valuation, return on equity and revenue growth as of 21 October 2026.<\/p>\n","protected":false},"author":38,"featured_media":323466,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[14628,14629,3803,7762,4118,14630,8491],"class_list":["post-323468","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-aerospace-and-electronics-manufacturing-stocks","tag-aircraft-maker-shares","tag-best-stocks","tag-hindustan-aeronautics","tag-mtar-technologies","tag-precision-component-stocks","tag-syrma-sgs-technology"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["323466"],"rank_math_title":["Aerospace and Electronics Manufacturing Stocks to Watch"],"rank_math_description":["Compare 3 aerospace and electronics manufacturing stocks with a strong future roadmap on CMP, market cap, P\/E, ROE and revenue growth. 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