{"id":342988,"date":"2026-11-10T11:37:53","date_gmt":"2026-11-10T06:07:53","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=342988"},"modified":"2026-11-10T11:37:53","modified_gmt":"2026-11-10T06:07:53","slug":"cnc-machines-maker-engineering-and-r-and-d-services-company-and-chemicals-and-agri-business-company-stocks-roadmap-waymark-list","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/cnc-machines-maker-engineering-and-r-and-d-services-company-and-chemicals-and-agri-business-company-stocks-roadmap-waymark-list\/","title":{"rendered":"3 CNC Machines Maker, Engineering and R and D Services Company and Chemicals and Agri Business Company Stocks With a Strong Future Roadmap: Jyoti CNC Automation, L&#038;T Technology Services and DCM Shriram"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E84;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Jyoti CNC Automation, L&#038;T Technology Services and DCM Shriram: ROE of 16.3% to 21.7% and FY22 to FY26 revenue CAGR of 9.0% to 30.2%. Prices as of 9 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 machine tool, design service and chemical stocks to watch are Jyoti CNC Automation, L&#038;T Technology Services and DCM Shriram. Their return on equity ranges from 16.3% to 21.7%, and their revenue compound annual growth from FY22 to FY26 ranges from 9.0% to 30.2%. L&#038;T Technology Services has the highest return on equity at 21.7%, while Jyoti CNC Automation has the fastest revenue growth at 30.2% a year. Prices are based on the 9 November 2026 close, and this article is educational, not investment advice.<\/p>\n<\/div>\n<p>Machine tool, design service and chemical stocks let investors follow companies that serve a growing part of the Indian economy. Jyoti CNC Automation, L&#038;T Technology Services and DCM Shriram cover a CNC machines maker, an engineering and R and D services company and a chemicals and agri business company.<\/p>\n<p>This list covers three machine tool, design service and chemical stocks with complete current figures: Jyoti CNC Automation, L&#038;T Technology Services and DCM Shriram. Every figure comes from the latest reported financials and the 9 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=cnc-machines-maker-engineering-and-r-and-d-services-company-and-chemicals-and-agri-business-company-stocks-roadmap-waymark-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\/cnc-machines-maker-engineering-and-r-and-d-services-company-and-chemicals-and-agri-business-company-stocks-roadmap-waymark-list\/#What_Are_Machine_Tool_Design_Service_and_Chemical_Stocks\" title=\"What Are Machine Tool, Design Service and Chemical Stocks?\">What Are Machine Tool, Design Service and Chemical 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\/cnc-machines-maker-engineering-and-r-and-d-services-company-and-chemicals-and-agri-business-company-stocks-roadmap-waymark-list\/#Machine_Tool_Design_Service_and_Chemical_Stocks_at_a_Glance\" title=\"Machine Tool, Design Service and Chemical Stocks at a Glance\">Machine Tool, Design Service and Chemical 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\/cnc-machines-maker-engineering-and-r-and-d-services-company-and-chemicals-and-agri-business-company-stocks-roadmap-waymark-list\/#Why_Do_Machine_Tool_Design_Service_and_Chemical_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Machine Tool, Design Service and Chemical Stocks Have a Strong Roadmap in India?\">Why Do Machine Tool, Design Service and Chemical 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\/cnc-machines-maker-engineering-and-r-and-d-services-company-and-chemicals-and-agri-business-company-stocks-roadmap-waymark-list\/#Why_Jyoti_CNC_Automation_Features_Among_These_Machine_Tool_Design_Service_and_Chemical_Stocks\" title=\"Why Jyoti CNC Automation Features Among These Machine Tool, Design Service and Chemical Stocks\">Why Jyoti CNC Automation Features Among These Machine Tool, Design Service and Chemical 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\/cnc-machines-maker-engineering-and-r-and-d-services-company-and-chemicals-and-agri-business-company-stocks-roadmap-waymark-list\/#Why_L_T_Technology_Services_Features_Among_These_Machine_Tool_Design_Service_and_Chemical_Stocks\" title=\"Why L&#038;T Technology Services Features Among These Machine Tool, Design Service and Chemical Stocks\">Why L&#038;T Technology Services Features Among These Machine Tool, Design Service and Chemical 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\/cnc-machines-maker-engineering-and-r-and-d-services-company-and-chemicals-and-agri-business-company-stocks-roadmap-waymark-list\/#Why_DCM_Shriram_Features_Among_These_Machine_Tool_Design_Service_and_Chemical_Stocks\" title=\"Why DCM Shriram Features Among These Machine Tool, Design Service and Chemical Stocks\">Why DCM Shriram Features Among These Machine Tool, Design Service and Chemical 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\/cnc-machines-maker-engineering-and-r-and-d-services-company-and-chemicals-and-agri-business-company-stocks-roadmap-waymark-list\/#Jyoti_CNC_Automation_vs_L_T_Technology_Services_vs_DCM_Shriram_on_Key_Financials\" title=\"Jyoti CNC Automation vs L&#038;T Technology Services vs DCM Shriram on Key Financials\">Jyoti CNC Automation vs L&#038;T Technology Services vs DCM Shriram 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\/cnc-machines-maker-engineering-and-r-and-d-services-company-and-chemicals-and-agri-business-company-stocks-roadmap-waymark-list\/#Key_Risks_to_Check_Before_Investing_in_Machine_Tool_Design_Service_and_Chemical_Stocks\" title=\"Key Risks to Check Before Investing in Machine Tool, Design Service and Chemical Stocks\">Key Risks to Check Before Investing in Machine Tool, Design Service and Chemical 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\/cnc-machines-maker-engineering-and-r-and-d-services-company-and-chemicals-and-agri-business-company-stocks-roadmap-waymark-list\/#Final_Thoughts_on_Machine_Tool_Design_Service_and_Chemical_Stocks\" title=\"Final Thoughts on Machine Tool, Design Service and Chemical Stocks\">Final Thoughts on Machine Tool, Design Service and Chemical 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\/cnc-machines-maker-engineering-and-r-and-d-services-company-and-chemicals-and-agri-business-company-stocks-roadmap-waymark-list\/#What_are_machine_tool_design_service_and_chemical_stocks\" title=\"What are machine tool, design service and chemical stocks?\">What are machine tool, design service and chemical 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\/cnc-machines-maker-engineering-and-r-and-d-services-company-and-chemicals-and-agri-business-company-stocks-roadmap-waymark-list\/#Which_machine_tool_design_service_and_chemical_stocks_are_covered_in_this_list\" title=\"Which machine tool, design service and chemical stocks are covered in this list?\">Which machine tool, design service and chemical 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\/cnc-machines-maker-engineering-and-r-and-d-services-company-and-chemicals-and-agri-business-company-stocks-roadmap-waymark-list\/#Why_do_machine_tool_design_service_and_chemical_stocks_have_a_strong_future_roadmap_in_India\" title=\"Why do machine tool, design service and chemical stocks have a strong future roadmap in India?\">Why do machine tool, design service and chemical 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\/cnc-machines-maker-engineering-and-r-and-d-services-company-and-chemicals-and-agri-business-company-stocks-roadmap-waymark-list\/#How_has_Jyoti_CNC_Automation_performed_financially\" title=\"How has Jyoti CNC Automation performed financially?\">How has Jyoti CNC Automation 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\/cnc-machines-maker-engineering-and-r-and-d-services-company-and-chemicals-and-agri-business-company-stocks-roadmap-waymark-list\/#How_has_L_T_Technology_Services_performed_financially\" title=\"How has L&#038;T Technology Services performed financially?\">How has L&#038;T Technology Services 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\/cnc-machines-maker-engineering-and-r-and-d-services-company-and-chemicals-and-agri-business-company-stocks-roadmap-waymark-list\/#How_has_DCM_Shriram_performed_financially\" title=\"How has DCM Shriram performed financially?\">How has DCM Shriram 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\/cnc-machines-maker-engineering-and-r-and-d-services-company-and-chemicals-and-agri-business-company-stocks-roadmap-waymark-list\/#What_risks_should_investors_check_before_buying_machine_tool_design_service_and_chemical_stocks\" title=\"What risks should investors check before buying machine tool, design service and chemical stocks?\">What risks should investors check before buying machine tool, design service and chemical 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\/cnc-machines-maker-engineering-and-r-and-d-services-company-and-chemicals-and-agri-business-company-stocks-roadmap-waymark-list\/#Is_this_list_of_machine_tool_design_service_and_chemical_stocks_investment_advice\" title=\"Is this list of machine tool, design service and chemical stocks investment advice?\">Is this list of machine tool, design service and chemical stocks investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Machine_Tool_Design_Service_and_Chemical_Stocks\"><\/span><strong>What Are Machine Tool, Design Service and Chemical Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Machine tool, design service and chemical stocks are listed companies that manufacture computer controlled machine tools, provide engineering and product design services to global clients, and produce chemicals, plastics and agri inputs. Their earnings depend on factory investment, client research budgets and chemical and farm demand.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Machine_Tool_Design_Service_and_Chemical_Stocks_at_a_Glance\"><\/span><strong>Machine Tool, Design Service and Chemical 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\/jyoticnc\/jyoti-cnc-automation-ltd-share-price-today\">Jyoti CNC Automation<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,040.5<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">22,175<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">68.9<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">44.4<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">16.8<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.43<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/ltts\/landt-technology-services-ltd-share-price-today\">L&#038;T Technology Services<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4,263.9<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">41,952<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">27.2<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">17.9<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">21.7<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.08<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/dcmshriram\/dcm-shriram-ltd-share-price-today\">DCM Shriram<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">911.75<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">14,257<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">10.3<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">13.9<\/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;\">0.24<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>On valuation, DCM Shriram trades at a P\/E below the industry P\/E, while Jyoti CNC Automation and L&#038;T Technology Services trade above it, which reflects the growth the market already expects. Readers comparing machine tool, design service and chemical 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_Machine_Tool_Design_Service_and_Chemical_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Machine Tool, Design Service and Chemical Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Machine tool, design service and chemical stocks have a strong roadmap in India because growing investment in precision manufacturing, rising outsourcing of engineering design and steady demand for chemicals and farm inputs keep widening the market for these companies.<\/p>\n<ul>\n<li><strong>Machine tools.<\/strong> Precision parts need advanced machines.<\/li>\n<li><strong>Engineering services.<\/strong> Global firms outsource product design.<\/li>\n<li><strong>Chemicals and agri.<\/strong> Farms and factories need steady inputs.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Why_Jyoti_CNC_Automation_Features_Among_These_Machine_Tool_Design_Service_and_Chemical_Stocks\"><\/span><strong>Why Jyoti CNC Automation Features Among These Machine Tool, Design Service and Chemical Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the machine tool, design service and chemical stocks on this list, Jyoti CNC Automation, based in Rajkot, makes computer numerical control machines, including multi-axis machining centres, for aerospace, defence, auto and general engineering customers.<\/p>\n<p>In the June 2026 quarter, revenue grew 19.0% year on year to Rs 512 crore. Revenue rose from Rs 750 crore in FY22 to Rs 2,154 crore in FY26, a compound annual growth rate of 30.2%.<\/p>\n<p>Net profit grew from Rs 151 crore in FY24 to Rs 336 crore in FY26, which works out to a compound annual growth rate of 49.2%. The company has a return on equity of 16.8%, a debt to equity ratio of 0.43 and a market capitalisation of Rs 22,175 crore. The stock trades at a P\/E of 68.9, above the industry P\/E of 44.4.<\/p>\n<p><strong>Roadmap:<\/strong> Defence and aerospace manufacturing, along with the shift to precision machining at Indian factories, supports demand for advanced CNC machines. The company has also built a presence in Europe through an acquisition, adding technology and customers abroad.<\/p>\n<p><strong>What to watch:<\/strong> Watch order book trends and how quickly the international business contributes.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_L_T_Technology_Services_Features_Among_These_Machine_Tool_Design_Service_and_Chemical_Stocks\"><\/span><strong>Why L&#038;T Technology Services Features Among These Machine Tool, Design Service and Chemical Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the CNC machine, R and D and farm input shares on this list, L&#038;T Technology Services provides engineering and research and development services to global customers in transportation, industrial products, telecom, plant engineering and medical devices.<\/p>\n<p>The company has a return on equity of 21.7%, a debt to equity ratio of 0.08 and a market capitalisation of Rs 41,952 crore. The stock trades at a P\/E of 27.2, above the industry P\/E of 17.9.<\/p>\n<p>Revenue rose from Rs 6,722 crore in FY22 to Rs 11,217 crore in FY26, a compound annual growth rate of 13.7%. Net profit grew from Rs 961 crore in FY22 to Rs 1,230 crore in FY26, which works out to a compound annual growth rate of 6.4%.<\/p>\n<p><strong>Roadmap:<\/strong> The company is growing in areas such as electric mobility, software-defined products and sustainability, where manufacturers outsource design and testing. Deep domain skills help it win multi-year programmes.<\/p>\n<p><strong>What to watch:<\/strong> Follow large deal wins, margin trends and demand from transportation and technology clients.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_DCM_Shriram_Features_Among_These_Machine_Tool_Design_Service_and_Chemical_Stocks\"><\/span><strong>Why DCM Shriram Features Among These Machine Tool, Design Service and Chemical Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the three companies on this list, DCM Shriram is a diversified company with businesses in caustic soda and chemicals, sugar, fertilisers and agri inputs, and building products.<\/p>\n<p>Revenue rose from Rs 9,719 crore in FY22 to Rs 13,734 crore in FY26, a compound annual growth rate of 9.0%. Net profit grew from Rs 447 crore in FY24 to Rs 856 crore in FY26, which works out to a compound annual growth rate of 38.4%.<\/p>\n<p>The company has a return on equity of 16.3%, a debt to equity ratio of 0.24 and a market capitalisation of Rs 14,257 crore. The stock trades at a P\/E of 10.3, below the industry P\/E of 13.9.<\/p>\n<p><strong>Roadmap:<\/strong> The company is expanding its chemicals capacity and widening its range of agri inputs and value-added products. A mix of chemicals and agri businesses spreads its sources of revenue.<\/p>\n<p><strong>What to watch:<\/strong> Monitor chemical prices, sugar output and demand for agri inputs.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Jyoti_CNC_Automation_vs_L_T_Technology_Services_vs_DCM_Shriram_on_Key_Financials\"><\/span><strong>Jyoti CNC Automation vs L&#038;T Technology Services vs DCM Shriram on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets the three machine tool, design service and chemical 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;\">Jyoti CNC Automation<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">750<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,154<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">30.2%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">336<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">15.6%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">L&#038;T Technology Services<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">6,722<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">11,217<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">13.7%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,230<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">11.0%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">DCM Shriram<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">9,719<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">13,734<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">9.0%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">856<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">6.2%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>L&#038;T Technology Services posts the highest return on equity in this group at 21.7%. DCM Shriram has the largest FY26 revenue at Rs 13,734 crore, and Jyoti CNC Automation shows the fastest revenue growth with a 30.2% compound annual rate. A useful habit with machine tool, design service and chemical 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_Machine_Tool_Design_Service_and_Chemical_Stocks\"><\/span><strong>Key Risks to Check Before Investing in Machine Tool, Design Service and Chemical 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 machine tool, design service and chemical stocks, the main points are: Long-term CNC machine, R and D and farm input 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>Capital spending cycles.<\/strong> Customer investment in plants and equipment can vary.<\/li>\n<li><strong>Client spending.<\/strong> Technology budgets can vary with global conditions.<\/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 machine tool, design service and chemical 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_Machine_Tool_Design_Service_and_Chemical_Stocks\"><\/span><strong>Final Thoughts on Machine Tool, Design Service and Chemical Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Machine tool, design service and chemical stocks reward investors who follow demand trends, order books and margins together. Jyoti CNC Automation, L&#038;T Technology Services and DCM Shriram each have a clear plan to grow. Based on the 9 November 2026 close, Jyoti CNC Automation trades at Rs 1,040.5, L&#038;T Technology Services at Rs 4,263.9 and DCM Shriram at Rs 911.75.<\/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 machine tool, design service and chemical 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_machine_tool_design_service_and_chemical_stocks\"><\/span><strong>What are machine tool, design service and chemical stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Machine tool, design service and chemical stocks are listed companies that manufacture computer controlled machine tools, provide engineering and product design services to global clients, and produce chemicals, plastics and agri inputs. Their earnings depend on factory investment, client research budgets and chemical and farm demand. This list looks at three of them, Jyoti CNC Automation, L&#038;T Technology Services and DCM Shriram, using reported FY22 to FY26 financials and the 9 November 2026 closing prices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_machine_tool_design_service_and_chemical_stocks_are_covered_in_this_list\"><\/span><strong>Which machine tool, design service and chemical stocks are covered in this list?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This list covers Jyoti CNC Automation, L&#038;T Technology Services and DCM Shriram. Based on the 9 November 2026 close, Jyoti CNC Automation traded at Rs 1,040.5, L&#038;T Technology Services at Rs 4,263.9 and DCM Shriram at Rs 911.75. Their return on equity ranges from 16.3% to 21.7%, and their revenue compound annual growth from FY22 to FY26 ranges from 9.0% to 30.2%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_do_machine_tool_design_service_and_chemical_stocks_have_a_strong_future_roadmap_in_India\"><\/span><strong>Why do machine tool, design service and chemical stocks have a strong future roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Machine tool, design service and chemical stocks have a strong roadmap in India because growing investment in precision manufacturing, rising outsourcing of engineering design and steady demand for chemicals and farm inputs keep widening the market for these companies. The main drivers are as follows. Machine tools. Precision parts need advanced machines. Engineering services. Global firms outsource product design. Chemicals and agri. Farms and factories need steady inputs. 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_Jyoti_CNC_Automation_performed_financially\"><\/span><strong>How has Jyoti CNC Automation performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 750 crore in FY22 to Rs 2,154 crore in FY26, a compound annual growth rate of 30.2%. Net profit grew from Rs 151 crore in FY24 to Rs 336 crore in FY26, which works out to a compound annual growth rate of 49.2%. In the June 2026 quarter, revenue grew 19.0% year on year to Rs 512 crore. The company has a return on equity of 16.8%, a debt to equity ratio of 0.43 and a market capitalisation of Rs 22,175 crore. The stock trades at a P\/E of 68.9, above the industry P\/E of 44.4. Looking ahead, defence and aerospace manufacturing, along with the shift to precision machining at Indian factories, supports demand for advanced CNC machines. The company has also built a presence in Europe through an acquisition, adding technology and customers abroad.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_L_T_Technology_Services_performed_financially\"><\/span><strong>How has L&#038;T Technology Services performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 6,722 crore in FY22 to Rs 11,217 crore in FY26, a compound annual growth rate of 13.7%. Net profit grew from Rs 961 crore in FY22 to Rs 1,230 crore in FY26, which works out to a compound annual growth rate of 6.4%. The company has a return on equity of 21.7%, a debt to equity ratio of 0.08 and a market capitalisation of Rs 41,952 crore. The stock trades at a P\/E of 27.2, above the industry P\/E of 17.9. Looking ahead, the company is growing in areas such as electric mobility, software-defined products and sustainability, where manufacturers outsource design and testing. Deep domain skills help it win multi-year programmes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_DCM_Shriram_performed_financially\"><\/span><strong>How has DCM Shriram performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 9,719 crore in FY22 to Rs 13,734 crore in FY26, a compound annual growth rate of 9.0%. Net profit grew from Rs 447 crore in FY24 to Rs 856 crore in FY26, which works out to a compound annual growth rate of 38.4%. The company has a return on equity of 16.3%, a debt to equity ratio of 0.24 and a market capitalisation of Rs 14,257 crore. The stock trades at a P\/E of 10.3, below the industry P\/E of 13.9. Looking ahead, the company is expanding its chemicals capacity and widening its range of agri inputs and value-added products. A mix of chemicals and agri businesses spreads its sources of revenue.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_risks_should_investors_check_before_buying_machine_tool_design_service_and_chemical_stocks\"><\/span><strong>What risks should investors check before buying machine tool, design service and chemical stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Investors should check a few risks before buying machine tool, design service and chemical stocks. Capital spending cycles. Customer investment in plants and equipment can vary. Client spending. Technology budgets can vary with global conditions. 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_machine_tool_design_service_and_chemical_stocks_investment_advice\"><\/span><strong>Is this list of machine tool, design service and chemical 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 9 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 machine tool, design service and chemical stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Machine tool, design service and chemical stocks are listed companies that manufacture computer controlled machine tools, provide engineering and product design services to global clients, and produce chemicals, plastics and agri inputs. Their earnings depend on factory investment, client research budgets and chemical and farm demand. This list looks at three of them, Jyoti CNC Automation, L&T Technology Services and DCM Shriram, using reported FY22 to FY26 financials and the 9 November 2026 closing prices.\"}},{\"@type\":\"Question\",\"name\":\"Which machine tool, design service and chemical stocks are covered in this list?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This list covers Jyoti CNC Automation, L&T Technology Services and DCM Shriram. Based on the 9 November 2026 close, Jyoti CNC Automation traded at Rs 1,040.5, L&T Technology Services at Rs 4,263.9 and DCM Shriram at Rs 911.75. Their return on equity ranges from 16.3% to 21.7%, and their revenue compound annual growth from FY22 to FY26 ranges from 9.0% to 30.2%.\"}},{\"@type\":\"Question\",\"name\":\"Why do machine tool, design service and chemical stocks have a strong future roadmap in India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Machine tool, design service and chemical stocks have a strong roadmap in India because growing investment in precision manufacturing, rising outsourcing of engineering design and steady demand for chemicals and farm inputs keep widening the market for these companies. The main drivers are as follows. Machine tools. Precision parts need advanced machines. Engineering services. Global firms outsource product design. Chemicals and agri. Farms and factories need steady inputs. Together these factors give the companies on this list a visible path for growth over the coming years.\"}},{\"@type\":\"Question\",\"name\":\"How has Jyoti CNC Automation performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 750 crore in FY22 to Rs 2,154 crore in FY26, a compound annual growth rate of 30.2%. Net profit grew from Rs 151 crore in FY24 to Rs 336 crore in FY26, which works out to a compound annual growth rate of 49.2%. In the June 2026 quarter, revenue grew 19.0% year on year to Rs 512 crore. The company has a return on equity of 16.8%, a debt to equity ratio of 0.43 and a market capitalisation of Rs 22,175 crore. The stock trades at a P\/E of 68.9, above the industry P\/E of 44.4. Looking ahead, defence and aerospace manufacturing, along with the shift to precision machining at Indian factories, supports demand for advanced CNC machines. The company has also built a presence in Europe through an acquisition, adding technology and customers abroad.\"}},{\"@type\":\"Question\",\"name\":\"How has L&T Technology Services performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 6,722 crore in FY22 to Rs 11,217 crore in FY26, a compound annual growth rate of 13.7%. Net profit grew from Rs 961 crore in FY22 to Rs 1,230 crore in FY26, which works out to a compound annual growth rate of 6.4%. The company has a return on equity of 21.7%, a debt to equity ratio of 0.08 and a market capitalisation of Rs 41,952 crore. The stock trades at a P\/E of 27.2, above the industry P\/E of 17.9. Looking ahead, the company is growing in areas such as electric mobility, software-defined products and sustainability, where manufacturers outsource design and testing. 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Compare price, valuation, return on equity and revenue growth as of 9 November 2026.<\/p>\n","protected":false},"author":38,"featured_media":342987,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[3803,19247,10564,21655,10037,17274,21657,21658,21656],"class_list":["post-342988","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-best-stocks","tag-cnc-machine","tag-dcm-shriram","tag-design-service-and-chemical-stocks","tag-jyoti-cnc-automation","tag-machine-tool","tag-precision-machine","tag-product-design-and-chlor-alkali-stocks","tag-r-and-d-and-farm-input-shares"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["342987"],"rank_math_title":["Machine Tool, Engineering Service and Chemical Stocks"],"rank_math_description":["Compare 3 machine tool, design service and chemical stocks with a strong future roadmap on CMP, market cap, P\/E, ROE and revenue growth. 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