{"id":331727,"date":"2026-10-29T12:29:56","date_gmt":"2026-10-29T06:59:56","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=331727"},"modified":"2026-10-29T12:29:56","modified_gmt":"2026-10-29T06:59:56","slug":"defence-and-railway-electronics-maker-vehicle-lighting-supplier-and-decorative-components-specialist-stocks-roadmap-cascade-list","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/defence-and-railway-electronics-maker-vehicle-lighting-supplier-and-decorative-components-specialist-stocks-roadmap-cascade-list\/","title":{"rendered":"3 Defence and Railway Electronics Maker, Vehicle Lighting Supplier and Decorative Components Specialist Stocks With a Strong Future Roadmap: HBL Engineering, Varroc Engineering and SJS Enterprises"},"content":{"rendered":"

HBL Engineering, Varroc Engineering and SJS Enterprises: ROE of 14.3% to 36.8% and FY22 to FY26 revenue CAGR of 11.0% to 28.0%. Prices as of 28 Oct 2026.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

The three defence electronics, lamps and decorative parts to watch are HBL Engineering, Varroc Engineering and SJS Enterprises. Their return on equity ranges from 14.3% to 36.8%, and their revenue compound annual growth from FY22 to FY26 ranges from 11.0% to 28.0%. HBL Engineering leads on both return on equity at 36.8% and revenue growth at 28.0% a year. Prices are based on the 28 October 2026 close, and this article is educational, not investment advice.<\/p>\n<\/div>\n

Defence electronics, lamps and decorative parts let investors follow companies that serve a growing part of the Indian economy. HBL Engineering, Varroc Engineering and SJS Enterprises cover a defence and railway electronics maker, a vehicle lighting supplier and a decorative components specialist.<\/p>\n

This list covers three defence electronics, lamps and decorative parts with complete current figures: HBL Engineering, Varroc Engineering and SJS Enterprises. Every figure comes from the latest reported financials and the 28 October 2026 market close. Companies without complete current figures were left out.<\/p>\n

Click Here – Get Free Investment Predictions<\/a><\/strong><\/p>\n

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