{"id":338529,"date":"2026-11-04T11:21:39","date_gmt":"2026-11-04T05:51:39","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=338529"},"modified":"2026-11-04T11:21:39","modified_gmt":"2026-11-04T05:51:39","slug":"plastic-pipes-maker-wires-and-cables-maker-and-mid-income-housing-developer-stocks-roadmap-lantern-list","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/plastic-pipes-maker-wires-and-cables-maker-and-mid-income-housing-developer-stocks-roadmap-lantern-list\/","title":{"rendered":"3 Plastic Pipes Maker, Wires and Cables Maker and Mid Income Housing Developer Stocks With a Strong Future Roadmap: Supreme Industries, Polycab India and Ashiana Housing"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E84;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Supreme Industries, Polycab India and Ashiana Housing: ROE of 13.6% to 24.1% and FY22 to FY26 revenue CAGR of 9.6% to 50.2%. Prices as of 3 Nov 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:#1F4E84;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The three plastic pipe, cable and housing developer stocks to watch are Supreme Industries, Polycab India and Ashiana Housing. Their return on equity ranges from 13.6% to 24.1%, and their revenue compound annual growth from FY22 to FY26 ranges from 9.6% to 50.2%. Polycab India has the highest return on equity at 24.1%, while Ashiana Housing has the fastest revenue growth at 50.2% a year. Prices are based on the 3 November 2026 close, and this article is educational, not investment advice.<\/p>\n<\/div>\n<p>Plastic pipe, cable and housing developer stocks bring together companies with a visible plan for the years ahead. Supreme Industries, Polycab India and Ashiana Housing cover a plastic products maker, a wires and cables maker and a mid income housing developer.<\/p>\n<p>This list covers three plastic pipe, cable and housing developer stocks with complete current figures: Supreme Industries, Polycab India and Ashiana Housing. Every figure comes from the latest reported financials and the 3 November 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=plastic-pipes-maker-wires-and-cables-maker-and-mid-income-housing-developer-stocks-roadmap-lantern-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\/plastic-pipes-maker-wires-and-cables-maker-and-mid-income-housing-developer-stocks-roadmap-lantern-list\/#What_Are_Plastic_Pipe_Cable_and_Housing_Developer_Stocks\" title=\"What Are Plastic Pipe, Cable and Housing Developer Stocks?\">What Are Plastic Pipe, Cable and Housing Developer 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\/plastic-pipes-maker-wires-and-cables-maker-and-mid-income-housing-developer-stocks-roadmap-lantern-list\/#Plastic_Pipe_Cable_and_Housing_Developer_Stocks_at_a_Glance\" title=\"Plastic Pipe, Cable and Housing Developer Stocks at a Glance\">Plastic Pipe, Cable and Housing Developer 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\/plastic-pipes-maker-wires-and-cables-maker-and-mid-income-housing-developer-stocks-roadmap-lantern-list\/#Why_Do_Plastic_Pipe_Cable_and_Housing_Developer_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Plastic Pipe, Cable and Housing Developer Stocks Have a Strong Roadmap in India?\">Why Do Plastic Pipe, Cable and Housing Developer 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\/plastic-pipes-maker-wires-and-cables-maker-and-mid-income-housing-developer-stocks-roadmap-lantern-list\/#Why_Supreme_Industries_Features_Among_These_Plastic_Pipe_Cable_and_Housing_Developer_Stocks\" title=\"Why Supreme Industries Features Among These Plastic Pipe, Cable and Housing Developer Stocks\">Why Supreme Industries Features Among These Plastic Pipe, Cable and Housing Developer 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\/plastic-pipes-maker-wires-and-cables-maker-and-mid-income-housing-developer-stocks-roadmap-lantern-list\/#Why_Polycab_India_Features_Among_These_Plastic_Pipe_Cable_and_Housing_Developer_Stocks\" title=\"Why Polycab India Features Among These Plastic Pipe, Cable and Housing Developer Stocks\">Why Polycab India Features Among These Plastic Pipe, Cable and Housing Developer 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\/plastic-pipes-maker-wires-and-cables-maker-and-mid-income-housing-developer-stocks-roadmap-lantern-list\/#Why_Ashiana_Housing_Features_Among_These_Plastic_Pipe_Cable_and_Housing_Developer_Stocks\" title=\"Why Ashiana Housing Features Among These Plastic Pipe, Cable and Housing Developer Stocks\">Why Ashiana Housing Features Among These Plastic Pipe, Cable and Housing Developer 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\/plastic-pipes-maker-wires-and-cables-maker-and-mid-income-housing-developer-stocks-roadmap-lantern-list\/#Supreme_Industries_vs_Polycab_India_vs_Ashiana_Housing_on_Key_Financials\" title=\"Supreme Industries vs Polycab India vs Ashiana Housing on Key Financials\">Supreme Industries vs Polycab India vs Ashiana Housing 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\/plastic-pipes-maker-wires-and-cables-maker-and-mid-income-housing-developer-stocks-roadmap-lantern-list\/#Key_Risks_to_Check_Before_Investing_in_Plastic_Pipe_Cable_and_Housing_Developer_Stocks\" title=\"Key Risks to Check Before Investing in Plastic Pipe, Cable and Housing Developer Stocks\">Key Risks to Check Before Investing in Plastic Pipe, Cable and Housing Developer 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\/plastic-pipes-maker-wires-and-cables-maker-and-mid-income-housing-developer-stocks-roadmap-lantern-list\/#Final_Thoughts_on_Plastic_Pipe_Cable_and_Housing_Developer_Stocks\" title=\"Final Thoughts on Plastic Pipe, Cable and Housing Developer Stocks\">Final Thoughts on Plastic Pipe, Cable and Housing Developer 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\/plastic-pipes-maker-wires-and-cables-maker-and-mid-income-housing-developer-stocks-roadmap-lantern-list\/#What_are_plastic_pipe_cable_and_housing_developer_stocks\" title=\"What are plastic pipe, cable and housing developer stocks?\">What are plastic pipe, cable and housing developer 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\/plastic-pipes-maker-wires-and-cables-maker-and-mid-income-housing-developer-stocks-roadmap-lantern-list\/#Which_plastic_pipe_cable_and_housing_developer_stocks_are_covered_in_this_list\" title=\"Which plastic pipe, cable and housing developer stocks are covered in this list?\">Which plastic pipe, cable and housing developer 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\/plastic-pipes-maker-wires-and-cables-maker-and-mid-income-housing-developer-stocks-roadmap-lantern-list\/#Why_do_plastic_pipe_cable_and_housing_developer_stocks_have_a_strong_future_roadmap_in_India\" title=\"Why do plastic pipe, cable and housing developer stocks have a strong future roadmap in India?\">Why do plastic pipe, cable and housing developer 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\/plastic-pipes-maker-wires-and-cables-maker-and-mid-income-housing-developer-stocks-roadmap-lantern-list\/#How_has_Supreme_Industries_performed_financially\" title=\"How has Supreme Industries performed financially?\">How has Supreme Industries 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\/plastic-pipes-maker-wires-and-cables-maker-and-mid-income-housing-developer-stocks-roadmap-lantern-list\/#How_has_Polycab_India_performed_financially\" title=\"How has Polycab India performed financially?\">How has Polycab India 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\/plastic-pipes-maker-wires-and-cables-maker-and-mid-income-housing-developer-stocks-roadmap-lantern-list\/#How_has_Ashiana_Housing_performed_financially\" title=\"How has Ashiana Housing performed financially?\">How has Ashiana Housing 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\/plastic-pipes-maker-wires-and-cables-maker-and-mid-income-housing-developer-stocks-roadmap-lantern-list\/#What_risks_should_investors_check_before_buying_plastic_pipe_cable_and_housing_developer_stocks\" title=\"What risks should investors check before buying plastic pipe, cable and housing developer stocks?\">What risks should investors check before buying plastic pipe, cable and housing developer 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\/plastic-pipes-maker-wires-and-cables-maker-and-mid-income-housing-developer-stocks-roadmap-lantern-list\/#Is_this_list_of_plastic_pipe_cable_and_housing_developer_stocks_investment_advice\" title=\"Is this list of plastic pipe, cable and housing developer stocks investment advice?\">Is this list of plastic pipe, cable and housing developer stocks investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Plastic_Pipe_Cable_and_Housing_Developer_Stocks\"><\/span><strong>What Are Plastic Pipe, Cable and Housing Developer Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Plastic pipe, cable and housing developer stocks are listed companies that make plastic piping systems and packaging, produce wires, cables and electrical goods, and build mid-income homes and senior living communities. Their earnings depend on construction activity, grid and housing demand and home sales.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Plastic_Pipe_Cable_and_Housing_Developer_Stocks_at_a_Glance\"><\/span><strong>Plastic Pipe, Cable and Housing Developer 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\/supremeind\/supreme-industries-ltd-share-price-today\">Supreme Industries<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">3,300<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">46,098<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">44.6<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">36.4<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">15.5<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.01<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/polycab\/polycab-india-ltd-share-price-today\">Polycab India<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">7,837<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">115,291<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">36.0<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">42.9<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">24.1<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.02<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/ashiana\/ashiana-housing-ltd-share-price-today\">Ashiana Housing<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">358.15<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">3,586<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">30.3<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">30.7<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">13.6<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.35<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>On valuation, Polycab India and Ashiana Housing trade at a P\/E below the industry P\/E, while Supreme Industries trades above it, which reflects the growth the market already expects. Readers comparing plastic pipe, cable and housing developer 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_Plastic_Pipe_Cable_and_Housing_Developer_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Plastic Pipe, Cable and Housing Developer Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Plastic pipe, cable and housing developer stocks have a strong roadmap in India because housing growth, water and power infrastructure spending and rising demand for quality homes keep widening the market for these construction linked companies.<\/p>\n<ul>\n<li><strong>Piping demand.<\/strong> Water and farm projects need plastic pipes.<\/li>\n<li><strong>Wires and cables.<\/strong> Homes and grids need more electrical lines.<\/li>\n<li><strong>Homes.<\/strong> Mid-income buyers look for timely delivery.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Why_Supreme_Industries_Features_Among_These_Plastic_Pipe_Cable_and_Housing_Developer_Stocks\"><\/span><strong>Why Supreme Industries Features Among These Plastic Pipe, Cable and Housing Developer Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the plastic pipe, cable and housing developer stocks on this list, Supreme Industries is among India&#8217;s largest plastic products makers, with plastic piping systems, packaging, industrial products and consumer products across many plants.<\/p>\n<p>The company has a return on equity of 15.5%, a debt to equity ratio of 0.01 and a market capitalisation of Rs 46,098 crore. The stock trades at a P\/E of 44.6, above the industry P\/E of 36.4.<\/p>\n<p>Revenue rose from Rs 7,793 crore in FY22 to Rs 11,262 crore in FY26, a compound annual growth rate of 9.6%. Net profit for FY26 was Rs 954 crore, a net margin of 8.5%. In the June 2026 quarter, revenue grew 3.8% year on year to Rs 2,727 crore, while net profit rose 38.8% to Rs 281 crore.<\/p>\n<p><strong>Roadmap:<\/strong> The company holds a leading position in plastic pipes, and has been adding capacity and value-added products across its segments. Its wide distribution network and many plants help it serve customers in every region.<\/p>\n<p><strong>What to watch:<\/strong> Monitor PVC resin prices and the volume growth in piping systems.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Polycab_India_Features_Among_These_Plastic_Pipe_Cable_and_Housing_Developer_Stocks\"><\/span><strong>Why Polycab India Features Among These Plastic Pipe, Cable and Housing Developer Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the building material and homes shares on this list, Polycab India is a leading maker of wires and cables, with a growing range of fast moving electrical goods that includes fans, lighting, switches and switchgear, and a project business in engineering and procurement.<\/p>\n<p>Revenue rose from Rs 12,294 crore in FY22 to Rs 29,120 crore in FY26, a compound annual growth rate of 24.1%. Net profit grew from Rs 845 crore in FY22 to Rs 2,708 crore in FY26, which works out to a compound annual growth rate of 33.8%.<\/p>\n<p>The company has a return on equity of 24.1%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 115,291 crore. The stock trades at a P\/E of 36.0, below the industry P\/E of 42.9.<\/p>\n<p><strong>Roadmap:<\/strong> Spending on housing, power networks and industry is lifting demand for cables, while the company is deepening its presence in consumer electricals through its dealer network. Capacity additions help it serve both retail and project customers.<\/p>\n<p><strong>What to watch:<\/strong> Monitor cable volumes and the growth of its consumer electricals range.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Ashiana_Housing_Features_Among_These_Plastic_Pipe_Cable_and_Housing_Developer_Stocks\"><\/span><strong>Why Ashiana Housing Features Among These Plastic Pipe, Cable and Housing Developer Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the three companies on this list, Ashiana Housing develops mid-income residential projects and senior living communities in cities such as the Delhi region, Jaipur and Chennai. It is known for its focus on construction quality and timely delivery.<\/p>\n<p>Revenue rose from Rs 234 crore in FY22 to Rs 1,187 crore in FY26, a compound annual growth rate of 50.2%. Net profit grew from Rs 27.9 crore in FY23 to Rs 118 crore in FY26, which works out to a compound annual growth rate of 61.7%.<\/p>\n<p>The company has a return on equity of 13.6%, a debt to equity ratio of 0.35 and a market capitalisation of Rs 3,586 crore. The stock trades at a P\/E of 30.3, below the industry P\/E of 30.7.<\/p>\n<p><strong>Roadmap:<\/strong> The company is launching new phases in established markets and growing its senior living portfolio. A reputation for delivery supports sales in its projects.<\/p>\n<p><strong>What to watch:<\/strong> Track sales bookings, project launches and deliveries.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Supreme_Industries_vs_Polycab_India_vs_Ashiana_Housing_on_Key_Financials\"><\/span><strong>Supreme Industries vs Polycab India vs Ashiana Housing on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets the three plastic pipe, cable and housing developer 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;\">Supreme Industries<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">7,793<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">11,262<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">9.6%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">954<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">8.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Polycab India<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">12,294<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">29,120<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">24.1%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,708<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">9.3%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Ashiana Housing<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">234<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,187<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">50.2%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">118<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">9.9%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>Polycab India posts the highest return on equity in this group at 24.1%. Polycab India has the largest FY26 revenue at Rs 29,120 crore, and Ashiana Housing shows the fastest revenue growth with a 50.2% compound annual rate. A useful habit with plastic pipe, cable and housing developer 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_Plastic_Pipe_Cable_and_Housing_Developer_Stocks\"><\/span><strong>Key Risks to Check Before Investing in Plastic Pipe, Cable and Housing Developer 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 plastic pipe, cable and housing developer stocks, the main points are: Long-term building material and homes shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.<\/p>\n<ul>\n<li><strong>Housing cycles.<\/strong> Real estate and building demand can vary with rates and sentiment.<\/li>\n<li><strong>Input costs.<\/strong> Metal and material prices can move margins.<\/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 plastic pipe, cable and housing developer 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_Plastic_Pipe_Cable_and_Housing_Developer_Stocks\"><\/span><strong>Final Thoughts on Plastic Pipe, Cable and Housing Developer Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Plastic pipe, cable and housing developer stocks suit investors who prefer to study business strength before price moves. Supreme Industries, Polycab India and Ashiana Housing each have a clear plan to grow. Based on the 3 November 2026 close, Supreme Industries trades at Rs 3,300, Polycab India at Rs 7,837 and Ashiana Housing at Rs 358.15.<\/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 plastic pipe, cable and housing developer 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_plastic_pipe_cable_and_housing_developer_stocks\"><\/span><strong>What are plastic pipe, cable and housing developer stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Plastic pipe, cable and housing developer stocks are listed companies that make plastic piping systems and packaging, produce wires, cables and electrical goods, and build mid-income homes and senior living communities. Their earnings depend on construction activity, grid and housing demand and home sales. This list looks at three of them, Supreme Industries, Polycab India and Ashiana Housing, using reported FY22 to FY26 financials and the 3 November 2026 closing prices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_plastic_pipe_cable_and_housing_developer_stocks_are_covered_in_this_list\"><\/span><strong>Which plastic pipe, cable and housing developer stocks are covered in this list?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This list covers Supreme Industries, Polycab India and Ashiana Housing. Based on the 3 November 2026 close, Supreme Industries traded at Rs 3,300, Polycab India at Rs 7,837 and Ashiana Housing at Rs 358.15. Their return on equity ranges from 13.6% to 24.1%, and their revenue compound annual growth from FY22 to FY26 ranges from 9.6% to 50.2%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_do_plastic_pipe_cable_and_housing_developer_stocks_have_a_strong_future_roadmap_in_India\"><\/span><strong>Why do plastic pipe, cable and housing developer stocks have a strong future roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Plastic pipe, cable and housing developer stocks have a strong roadmap in India because housing growth, water and power infrastructure spending and rising demand for quality homes keep widening the market for these construction linked companies. The main drivers are as follows. Piping demand. Water and farm projects need plastic pipes. Wires and cables. Homes and grids need more electrical lines. Homes. Mid-income buyers look for timely delivery. 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_Supreme_Industries_performed_financially\"><\/span><strong>How has Supreme Industries performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 7,793 crore in FY22 to Rs 11,262 crore in FY26, a compound annual growth rate of 9.6%. Net profit for FY26 was Rs 954 crore, a net margin of 8.5%. In the June 2026 quarter, revenue grew 3.8% year on year to Rs 2,727 crore, while net profit rose 38.8% to Rs 281 crore. The company has a return on equity of 15.5%, a debt to equity ratio of 0.01 and a market capitalisation of Rs 46,098 crore. The stock trades at a P\/E of 44.6, above the industry P\/E of 36.4. Looking ahead, the company holds a leading position in plastic pipes, and has been adding capacity and value-added products across its segments. Its wide distribution network and many plants help it serve customers in every region.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Polycab_India_performed_financially\"><\/span><strong>How has Polycab India performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 12,294 crore in FY22 to Rs 29,120 crore in FY26, a compound annual growth rate of 24.1%. Net profit grew from Rs 845 crore in FY22 to Rs 2,708 crore in FY26, which works out to a compound annual growth rate of 33.8%. The company has a return on equity of 24.1%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 115,291 crore. The stock trades at a P\/E of 36.0, below the industry P\/E of 42.9. Looking ahead, spending on housing, power networks and industry is lifting demand for cables, while the company is deepening its presence in consumer electricals through its dealer network. Capacity additions help it serve both retail and project customers.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Ashiana_Housing_performed_financially\"><\/span><strong>How has Ashiana Housing performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 234 crore in FY22 to Rs 1,187 crore in FY26, a compound annual growth rate of 50.2%. Net profit grew from Rs 27.9 crore in FY23 to Rs 118 crore in FY26, which works out to a compound annual growth rate of 61.7%. The company has a return on equity of 13.6%, a debt to equity ratio of 0.35 and a market capitalisation of Rs 3,586 crore. The stock trades at a P\/E of 30.3, below the industry P\/E of 30.7. Looking ahead, the company is launching new phases in established markets and growing its senior living portfolio. A reputation for delivery supports sales in its projects.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_risks_should_investors_check_before_buying_plastic_pipe_cable_and_housing_developer_stocks\"><\/span><strong>What risks should investors check before buying plastic pipe, cable and housing developer stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Investors should check a few risks before buying plastic pipe, cable and housing developer stocks. Housing cycles. Real estate and building demand can vary with rates and sentiment. Input costs. Metal and material prices can move margins. 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_plastic_pipe_cable_and_housing_developer_stocks_investment_advice\"><\/span><strong>Is this list of plastic pipe, cable and housing developer 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 3 November 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 plastic pipe, cable and housing developer stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Plastic pipe, cable and housing developer stocks are listed companies that make plastic piping systems and packaging, produce wires, cables and electrical goods, and build mid-income homes and senior living communities. Their earnings depend on construction activity, grid and housing demand and home sales. 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Its wide distribution network and many plants help it serve customers in every region.\"}},{\"@type\":\"Question\",\"name\":\"How has Polycab India performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 12,294 crore in FY22 to Rs 29,120 crore in FY26, a compound annual growth rate of 24.1%. Net profit grew from Rs 845 crore in FY22 to Rs 2,708 crore in FY26, which works out to a compound annual growth rate of 33.8%. The company has a return on equity of 24.1%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 115,291 crore. The stock trades at a P\/E of 36.0, below the industry P\/E of 42.9. Looking ahead, spending on housing, power networks and industry is lifting demand for cables, while the company is deepening its presence in consumer electricals through its dealer network. 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Compare price, valuation, return on equity and revenue growth as of 3 November 2026.<\/p>\n","protected":false},"author":29,"featured_media":338526,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[9375,3803,19553,19552,15365,19554,877,8594],"class_list":["post-338529","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-ashiana-housing","tag-best-stocks","tag-building-material-and-homes-shares","tag-cable-and-housing-developer-stocks","tag-plastic-pipe","tag-plastic-pipe-and-electrical-wire-stocks","tag-polycab-india","tag-supreme-industries"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["338526"],"rank_math_title":["Plastic Pipe, Cable and Housing Stocks"],"rank_math_description":["Compare 3 plastic pipe, cable and housing developer stocks with a strong future roadmap on CMP, market cap, P\/E, ROE and revenue growth. 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