{"id":341483,"date":"2026-11-06T10:50:27","date_gmt":"2026-11-06T05:20:27","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=341483"},"modified":"2026-11-06T10:50:27","modified_gmt":"2026-11-06T05:20:27","slug":"retail-mall-developer-turbo-generators-maker-and-wiring-harness-maker-stocks-roadmap-crestline-list","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/retail-mall-developer-turbo-generators-maker-and-wiring-harness-maker-stocks-roadmap-crestline-list\/","title":{"rendered":"3 Retail Mall Developer, Turbo Generators Maker and Wiring Harness Maker Stocks With a Strong Future Roadmap: Phoenix Mills, TD Power Systems and Dhoot Transmission"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E84;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Phoenix Mills, TD Power Systems and Dhoot Transmission: ROE of 11.1% to 22.3% and FY22 to FY26 revenue CAGR of 23.2% to 31.0%. Prices as of 5 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 mall, power equipment and wiring harness stocks to watch are Phoenix Mills, TD Power Systems and Dhoot Transmission. Their return on equity ranges from 11.1% to 22.3%, and their revenue compound annual growth from FY22 to FY26 ranges from 23.2% to 31.0%. TD Power Systems has the highest return on equity at 22.3%, while Phoenix Mills has the fastest revenue growth at 31.0% a year. Prices are based on the 5 November 2026 close, and this article is educational, not investment advice.<\/p>\n<\/div>\n<p>Mall, power equipment and wiring harness stocks bring together companies with a visible plan for the years ahead. Phoenix Mills, TD Power Systems and Dhoot Transmission cover a retail mall developer, a turbo generators maker and a wiring harness maker.<\/p>\n<p>This list covers three mall, power equipment and wiring harness stocks with complete current figures: Phoenix Mills, TD Power Systems and Dhoot Transmission. Every figure comes from the latest reported financials and the 5 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=retail-mall-developer-turbo-generators-maker-and-wiring-harness-maker-stocks-roadmap-crestline-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\/retail-mall-developer-turbo-generators-maker-and-wiring-harness-maker-stocks-roadmap-crestline-list\/#What_Are_Mall_Power_Equipment_and_Wiring_Harness_Stocks\" title=\"What Are Mall, Power Equipment and Wiring Harness Stocks?\">What Are Mall, Power Equipment and Wiring Harness 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\/retail-mall-developer-turbo-generators-maker-and-wiring-harness-maker-stocks-roadmap-crestline-list\/#Mall_Power_Equipment_and_Wiring_Harness_Stocks_at_a_Glance\" title=\"Mall, Power Equipment and Wiring Harness Stocks at a Glance\">Mall, Power Equipment and Wiring Harness 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\/retail-mall-developer-turbo-generators-maker-and-wiring-harness-maker-stocks-roadmap-crestline-list\/#Why_Do_Mall_Power_Equipment_and_Wiring_Harness_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Mall, Power Equipment and Wiring Harness Stocks Have a Strong Roadmap in India?\">Why Do Mall, Power Equipment and Wiring Harness 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\/retail-mall-developer-turbo-generators-maker-and-wiring-harness-maker-stocks-roadmap-crestline-list\/#Why_Phoenix_Mills_Features_Among_These_Mall_Power_Equipment_and_Wiring_Harness_Stocks\" title=\"Why Phoenix Mills Features Among These Mall, Power Equipment and Wiring Harness Stocks\">Why Phoenix Mills Features Among These Mall, Power Equipment and Wiring Harness 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\/retail-mall-developer-turbo-generators-maker-and-wiring-harness-maker-stocks-roadmap-crestline-list\/#Why_TD_Power_Systems_Features_Among_These_Mall_Power_Equipment_and_Wiring_Harness_Stocks\" title=\"Why TD Power Systems Features Among These Mall, Power Equipment and Wiring Harness Stocks\">Why TD Power Systems Features Among These Mall, Power Equipment and Wiring Harness 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\/retail-mall-developer-turbo-generators-maker-and-wiring-harness-maker-stocks-roadmap-crestline-list\/#Why_Dhoot_Transmission_Features_Among_These_Mall_Power_Equipment_and_Wiring_Harness_Stocks\" title=\"Why Dhoot Transmission Features Among These Mall, Power Equipment and Wiring Harness Stocks\">Why Dhoot Transmission Features Among These Mall, Power Equipment and Wiring Harness 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\/retail-mall-developer-turbo-generators-maker-and-wiring-harness-maker-stocks-roadmap-crestline-list\/#Phoenix_Mills_vs_TD_Power_Systems_vs_Dhoot_Transmission_on_Key_Financials\" title=\"Phoenix Mills vs TD Power Systems vs Dhoot Transmission on Key Financials\">Phoenix Mills vs TD Power Systems vs Dhoot Transmission 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\/retail-mall-developer-turbo-generators-maker-and-wiring-harness-maker-stocks-roadmap-crestline-list\/#Key_Risks_to_Check_Before_Investing_in_Mall_Power_Equipment_and_Wiring_Harness_Stocks\" title=\"Key Risks to Check Before Investing in Mall, Power Equipment and Wiring Harness Stocks\">Key Risks to Check Before Investing in Mall, Power Equipment and Wiring Harness 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\/retail-mall-developer-turbo-generators-maker-and-wiring-harness-maker-stocks-roadmap-crestline-list\/#Final_Thoughts_on_Mall_Power_Equipment_and_Wiring_Harness_Stocks\" title=\"Final Thoughts on Mall, Power Equipment and Wiring Harness Stocks\">Final Thoughts on Mall, Power Equipment and Wiring Harness 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\/retail-mall-developer-turbo-generators-maker-and-wiring-harness-maker-stocks-roadmap-crestline-list\/#What_are_mall_power_equipment_and_wiring_harness_stocks\" title=\"What are mall, power equipment and wiring harness stocks?\">What are mall, power equipment and wiring harness 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\/retail-mall-developer-turbo-generators-maker-and-wiring-harness-maker-stocks-roadmap-crestline-list\/#Which_mall_power_equipment_and_wiring_harness_stocks_are_covered_in_this_list\" title=\"Which mall, power equipment and wiring harness stocks are covered in this list?\">Which mall, power equipment and wiring harness 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\/retail-mall-developer-turbo-generators-maker-and-wiring-harness-maker-stocks-roadmap-crestline-list\/#Why_do_mall_power_equipment_and_wiring_harness_stocks_have_a_strong_future_roadmap_in_India\" title=\"Why do mall, power equipment and wiring harness stocks have a strong future roadmap in India?\">Why do mall, power equipment and wiring harness 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\/retail-mall-developer-turbo-generators-maker-and-wiring-harness-maker-stocks-roadmap-crestline-list\/#How_has_Phoenix_Mills_performed_financially\" title=\"How has Phoenix Mills performed financially?\">How has Phoenix Mills 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\/retail-mall-developer-turbo-generators-maker-and-wiring-harness-maker-stocks-roadmap-crestline-list\/#How_has_TD_Power_Systems_performed_financially\" title=\"How has TD Power Systems performed financially?\">How has TD Power Systems 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\/retail-mall-developer-turbo-generators-maker-and-wiring-harness-maker-stocks-roadmap-crestline-list\/#How_has_Dhoot_Transmission_performed_financially\" title=\"How has Dhoot Transmission performed financially?\">How has Dhoot Transmission 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\/retail-mall-developer-turbo-generators-maker-and-wiring-harness-maker-stocks-roadmap-crestline-list\/#What_risks_should_investors_check_before_buying_mall_power_equipment_and_wiring_harness_stocks\" title=\"What risks should investors check before buying mall, power equipment and wiring harness stocks?\">What risks should investors check before buying mall, power equipment and wiring harness 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\/retail-mall-developer-turbo-generators-maker-and-wiring-harness-maker-stocks-roadmap-crestline-list\/#Is_this_list_of_mall_power_equipment_and_wiring_harness_stocks_investment_advice\" title=\"Is this list of mall, power equipment and wiring harness stocks investment advice?\">Is this list of mall, power equipment and wiring harness stocks investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Mall_Power_Equipment_and_Wiring_Harness_Stocks\"><\/span><strong>What Are Mall, Power Equipment and Wiring Harness Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mall, power equipment and wiring harness stocks are listed companies that own and operate large retail malls, make generators for power and industrial plants, and produce wiring harnesses and electrical parts for vehicles. Their earnings depend on mall footfall, power project orders and vehicle output.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Mall_Power_Equipment_and_Wiring_Harness_Stocks_at_a_Glance\"><\/span><strong>Mall, Power Equipment and Wiring Harness 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\/phoenixltd\/the-phoenix-mills-ltd-share-price-today\">Phoenix Mills<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,126<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">68,308<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">41.9<\/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;\">11.1<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.48<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/tdpowersys\/td-power-systems-ltd-share-price-today\">TD Power Systems<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">669.2<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">23,639<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">86.0<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">43.9<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">22.3<\/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\/dhoottrans\/dhoot-transmission-ltd-share-price-today\">Dhoot Transmission<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,608.3<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">30,067<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">75.8<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">40.7<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">16.3<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.38<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>On valuation, all three trade at a P\/E above their industry P\/E, which reflects the growth the market already expects from them. Readers comparing mall, power equipment and wiring harness 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_Mall_Power_Equipment_and_Wiring_Harness_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Mall, Power Equipment and Wiring Harness Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mall, power equipment and wiring harness stocks have a strong roadmap in India because expanding organised retail, growing power capacity additions and rising vehicle production keep widening the market for these companies.<\/p>\n<ul>\n<li><strong>Malls.<\/strong> Shoppers prefer large organised retail spaces.<\/li>\n<li><strong>Generators.<\/strong> New power plants need dependable machines.<\/li>\n<li><strong>Wiring harnesses.<\/strong> Every vehicle needs electrical wiring.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Why_Phoenix_Mills_Features_Among_These_Mall_Power_Equipment_and_Wiring_Harness_Stocks\"><\/span><strong>Why Phoenix Mills Features Among These Mall, Power Equipment and Wiring Harness Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the mall, power equipment and wiring harness stocks on this list, Phoenix Mills owns and operates premium retail malls in major cities under the Phoenix brand and also has commercial, residential and hospitality assets.<\/p>\n<p>The company has a return on equity of 11.1%, a debt to equity ratio of 0.48 and a market capitalisation of Rs 68,308 crore. The stock trades at a P\/E of 41.9, above the industry P\/E of 30.7.<\/p>\n<p>Revenue rose from Rs 1,558 crore in FY22 to Rs 4,594 crore in FY26, a compound annual growth rate of 31.0%. Net profit grew from Rs 248 crore in FY22 to Rs 1,557 crore in FY26, which works out to a compound annual growth rate of 58.3%. In the June 2026 quarter, revenue grew 13.3% year on year to Rs 1,115 crore, while net profit rose 23.0% to Rs 394 crore.<\/p>\n<p><strong>Roadmap:<\/strong> The company is adding mall space and commercial assets as consumer spending rises. Rental income linked to footfall and consumption supports earnings as the portfolio matures.<\/p>\n<p><strong>What to watch:<\/strong> Track consumption in its malls, new mall openings and rental growth.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_TD_Power_Systems_Features_Among_These_Mall_Power_Equipment_and_Wiring_Harness_Stocks\"><\/span><strong>Why TD Power Systems Features Among These Mall, Power Equipment and Wiring Harness Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the retail space, generator and auto electrical shares on this list, TD Power Systems, based in Bengaluru, manufactures generators for steam, gas, hydro and wind turbines and serves customers in India and overseas.<\/p>\n<p>Revenue rose from Rs 814 crore in FY22 to Rs 1,878 crore in FY26, a compound annual growth rate of 23.2%. Net profit grew from Rs 70.5 crore in FY22 to Rs 239 crore in FY26, which works out to a compound annual growth rate of 35.7%.<\/p>\n<p>The company has a return on equity of 22.3%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 23,639 crore. The stock trades at a P\/E of 86.0, above the industry P\/E of 43.9.<\/p>\n<p><strong>Roadmap:<\/strong> The company is expanding capacity to meet demand from power producers, industrial users and data centre backup, with a large share of orders coming from exports. Its design capability for large-rated machines allows it to compete in higher-value segments.<\/p>\n<p><strong>What to watch:<\/strong> Follow export order inflows and capacity utilisation at the new facilities.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Dhoot_Transmission_Features_Among_These_Mall_Power_Equipment_and_Wiring_Harness_Stocks\"><\/span><strong>Why Dhoot Transmission Features Among These Mall, Power Equipment and Wiring Harness Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the three companies on this list, Dhoot Transmission makes power conductors, cables and wiring harnesses used in power transmission, distribution and vehicles.<\/p>\n<p>In the June 2026 quarter, revenue grew 49.9% year on year to Rs 1,460 crore, while net profit rose 37.8% to Rs 133 crore. Revenue rose from Rs 1,551 crore in FY22 to Rs 4,564 crore in FY26, a compound annual growth rate of 31.0%.<\/p>\n<p>Net profit grew from Rs 164 crore in FY23 to Rs 397 crore in FY26, which works out to a compound annual growth rate of 34.3%. The company has a return on equity of 16.3%, a debt to equity ratio of 0.38 and a market capitalisation of Rs 30,067 crore. The stock trades at a P\/E of 75.8, above the industry P\/E of 40.7.<\/p>\n<p><strong>Roadmap:<\/strong> The company is expanding capacity in power conductors and cables to serve utilities and grid projects, while its wiring harness business supplies vehicle makers. Rising spending on power transmission supports demand for its products.<\/p>\n<p><strong>What to watch:<\/strong> Follow capacity expansion, order inflows from utilities and metal price movements.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Phoenix_Mills_vs_TD_Power_Systems_vs_Dhoot_Transmission_on_Key_Financials\"><\/span><strong>Phoenix Mills vs TD Power Systems vs Dhoot Transmission on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets the three mall, power equipment and wiring harness 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;\">Phoenix Mills<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,558<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4,594<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">31.0%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,557<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">33.9%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">TD Power Systems<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">814<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,878<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">23.2%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">239<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">12.7%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Dhoot Transmission<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,551<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4,564<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">31.0%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">397<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">8.7%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>TD Power Systems posts the highest return on equity in this group at 22.3%. Phoenix Mills combines the largest FY26 revenue at Rs 4,594 crore with the fastest revenue growth, a 31.0% compound annual rate. A useful habit with mall, power equipment and wiring harness 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_Mall_Power_Equipment_and_Wiring_Harness_Stocks\"><\/span><strong>Key Risks to Check Before Investing in Mall, Power Equipment and Wiring Harness 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 mall, power equipment and wiring harness stocks, the main points are: Long-term retail space, generator and auto electrical 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>Footfall and spending.<\/strong> Store sales follow consumer mood and seasons.<\/li>\n<li><strong>Order timing.<\/strong> Project awards can shift between periods.<\/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 mall, power equipment and wiring harness 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_Mall_Power_Equipment_and_Wiring_Harness_Stocks\"><\/span><strong>Final Thoughts on Mall, Power Equipment and Wiring Harness Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mall, power equipment and wiring harness stocks suit investors who prefer to study business strength before price moves. Phoenix Mills, TD Power Systems and Dhoot Transmission each have a clear plan to grow. Based on the 5 November 2026 close, Phoenix Mills trades at Rs 2,126, TD Power Systems at Rs 669.2 and Dhoot Transmission at Rs 1,608.3. Valuation matters as much as growth, so compare each company&#8217;s P\/E with its industry P\/E before adding any of these mall, power equipment and wiring harness stocks to a watchlist.<\/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 mall, power equipment and wiring harness 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_mall_power_equipment_and_wiring_harness_stocks\"><\/span><strong>What are mall, power equipment and wiring harness stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Mall, power equipment and wiring harness stocks are listed companies that own and operate large retail malls, make generators for power and industrial plants, and produce wiring harnesses and electrical parts for vehicles. Their earnings depend on mall footfall, power project orders and vehicle output. This list looks at three of them, Phoenix Mills, TD Power Systems and Dhoot Transmission, using reported FY22 to FY26 financials and the 5 November 2026 closing prices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_mall_power_equipment_and_wiring_harness_stocks_are_covered_in_this_list\"><\/span><strong>Which mall, power equipment and wiring harness stocks are covered in this list?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This list covers Phoenix Mills, TD Power Systems and Dhoot Transmission. Based on the 5 November 2026 close, Phoenix Mills traded at Rs 2,126, TD Power Systems at Rs 669.2 and Dhoot Transmission at Rs 1,608.3. Their return on equity ranges from 11.1% to 22.3%, and their revenue compound annual growth from FY22 to FY26 ranges from 23.2% to 31.0%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_do_mall_power_equipment_and_wiring_harness_stocks_have_a_strong_future_roadmap_in_India\"><\/span><strong>Why do mall, power equipment and wiring harness stocks have a strong future roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Mall, power equipment and wiring harness stocks have a strong roadmap in India because expanding organised retail, growing power capacity additions and rising vehicle production keep widening the market for these companies. The main drivers are as follows. Malls. Shoppers prefer large organised retail spaces. Generators. New power plants need dependable machines. Wiring harnesses. Every vehicle needs electrical wiring. 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_Phoenix_Mills_performed_financially\"><\/span><strong>How has Phoenix Mills performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 1,558 crore in FY22 to Rs 4,594 crore in FY26, a compound annual growth rate of 31.0%. Net profit grew from Rs 248 crore in FY22 to Rs 1,557 crore in FY26, which works out to a compound annual growth rate of 58.3%. In the June 2026 quarter, revenue grew 13.3% year on year to Rs 1,115 crore, while net profit rose 23.0% to Rs 394 crore. The company has a return on equity of 11.1%, a debt to equity ratio of 0.48 and a market capitalisation of Rs 68,308 crore. The stock trades at a P\/E of 41.9, above the industry P\/E of 30.7. Looking ahead, the company is adding mall space and commercial assets as consumer spending rises. Rental income linked to footfall and consumption supports earnings as the portfolio matures.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_TD_Power_Systems_performed_financially\"><\/span><strong>How has TD Power Systems performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 814 crore in FY22 to Rs 1,878 crore in FY26, a compound annual growth rate of 23.2%. Net profit grew from Rs 70.5 crore in FY22 to Rs 239 crore in FY26, which works out to a compound annual growth rate of 35.7%. The company has a return on equity of 22.3%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 23,639 crore. The stock trades at a P\/E of 86.0, above the industry P\/E of 43.9. Looking ahead, the company is expanding capacity to meet demand from power producers, industrial users and data centre backup, with a large share of orders coming from exports. Its design capability for large-rated machines allows it to compete in higher-value segments.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Dhoot_Transmission_performed_financially\"><\/span><strong>How has Dhoot Transmission performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 1,551 crore in FY22 to Rs 4,564 crore in FY26, a compound annual growth rate of 31.0%. Net profit grew from Rs 164 crore in FY23 to Rs 397 crore in FY26, which works out to a compound annual growth rate of 34.3%. In the June 2026 quarter, revenue grew 49.9% year on year to Rs 1,460 crore, while net profit rose 37.8% to Rs 133 crore. The company has a return on equity of 16.3%, a debt to equity ratio of 0.38 and a market capitalisation of Rs 30,067 crore. The stock trades at a P\/E of 75.8, above the industry P\/E of 40.7. Looking ahead, the company is expanding capacity in power conductors and cables to serve utilities and grid projects, while its wiring harness business supplies vehicle makers. Rising spending on power transmission supports demand for its products.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_risks_should_investors_check_before_buying_mall_power_equipment_and_wiring_harness_stocks\"><\/span><strong>What risks should investors check before buying mall, power equipment and wiring harness stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Investors should check a few risks before buying mall, power equipment and wiring harness stocks. Footfall and spending. Store sales follow consumer mood and seasons. Order timing. Project awards can shift between periods. 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_mall_power_equipment_and_wiring_harness_stocks_investment_advice\"><\/span><strong>Is this list of mall, power equipment and wiring harness 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 5 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 mall, power equipment and wiring harness stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Mall, power equipment and wiring harness stocks are listed companies that own and operate large retail malls, make generators for power and industrial plants, and produce wiring harnesses and electrical parts for vehicles. Their earnings depend on mall footfall, power project orders and vehicle output. This list looks at three of them, Phoenix Mills, TD Power Systems and Dhoot Transmission, using reported FY22 to FY26 financials and the 5 November 2026 closing prices.\"}},{\"@type\":\"Question\",\"name\":\"Which mall, power equipment and wiring harness stocks are covered in this list?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This list covers Phoenix Mills, TD Power Systems and Dhoot Transmission. Based on the 5 November 2026 close, Phoenix Mills traded at Rs 2,126, TD Power Systems at Rs 669.2 and Dhoot Transmission at Rs 1,608.3. Their return on equity ranges from 11.1% to 22.3%, and their revenue compound annual growth from FY22 to FY26 ranges from 23.2% to 31.0%.\"}},{\"@type\":\"Question\",\"name\":\"Why do mall, power equipment and wiring harness stocks have a strong future roadmap in India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Mall, power equipment and wiring harness stocks have a strong roadmap in India because expanding organised retail, growing power capacity additions and rising vehicle production keep widening the market for these companies. The main drivers are as follows. Malls. Shoppers prefer large organised retail spaces. Generators. New power plants need dependable machines. Wiring harnesses. Every vehicle needs electrical wiring. Together these factors give the companies on this list a visible path for growth over the coming years.\"}},{\"@type\":\"Question\",\"name\":\"How has Phoenix Mills performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 1,558 crore in FY22 to Rs 4,594 crore in FY26, a compound annual growth rate of 31.0%. Net profit grew from Rs 248 crore in FY22 to Rs 1,557 crore in FY26, which works out to a compound annual growth rate of 58.3%. In the June 2026 quarter, revenue grew 13.3% year on year to Rs 1,115 crore, while net profit rose 23.0% to Rs 394 crore. The company has a return on equity of 11.1%, a debt to equity ratio of 0.48 and a market capitalisation of Rs 68,308 crore. The stock trades at a P\/E of 41.9, above the industry P\/E of 30.7. Looking ahead, the company is adding mall space and commercial assets as consumer spending rises. Rental income linked to footfall and consumption supports earnings as the portfolio matures.\"}},{\"@type\":\"Question\",\"name\":\"How has TD Power Systems performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 814 crore in FY22 to Rs 1,878 crore in FY26, a compound annual growth rate of 23.2%. Net profit grew from Rs 70.5 crore in FY22 to Rs 239 crore in FY26, which works out to a compound annual growth rate of 35.7%. The company has a return on equity of 22.3%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 23,639 crore. The stock trades at a P\/E of 86.0, above the industry P\/E of 43.9. Looking ahead, the company is expanding capacity to meet demand from power producers, industrial users and data centre backup, with a large share of orders coming from exports. 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Compare price, valuation, return on equity and revenue growth as of 5 November 2026.<\/p>\n","protected":false},"author":29,"featured_media":341480,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[3803,9266,21028,18545,812,21027,19949,21029,8319,21030],"class_list":["post-341483","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-best-stocks","tag-dhoot-transmission","tag-generator-and-auto-electrical-shares","tag-mall","tag-phoenix-mills","tag-power-equipment-and-wiring-harness-stocks","tag-retail-space","tag-shopping-mall","tag-td-power-systems","tag-turbo-generator-and-harness-stocks"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["341480"],"rank_math_title":["Mall, Power Equipment and Wiring Harness Stocks"],"rank_math_description":["Compare 3 mall, power equipment and wiring harness stocks with a strong future roadmap on CMP, market cap, P\/E, ROE and revenue growth. 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