
3 Airline Software and Services Provider, Performance Chemicals Maker and North East Cement Maker Stocks With a Strong Future Roadmap: Accelya Solutions India, Clean Science and Technology and Star Cement
Accelya Solutions India, Clean Science and Technology and Star Cement: ROE of 12.3% to 38.1% and FY22 to FY26 revenue CAGR of 8.5% to 13.9%. Prices as of 5 Nov 2026.
Updated: 6 Nov 2026 • 10:37 am
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The three airline software, chemical and cement stocks to watch are Accelya Solutions India, Clean Science and Technology and Star Cement. Their return on equity ranges from 12.3% to 38.1%, and their revenue compound annual growth from FY22 to FY26 ranges from 8.5% to 13.9%. Accelya Solutions India has the highest return on equity at 38.1%, while Star Cement has the fastest revenue growth at 13.9% a year. Prices are based on the 5 November 2026 close, and this article is educational, not investment advice.
Airline software, chemical and cement stocks offer a focused view of a sector where demand keeps widening. Accelya Solutions India, Clean Science and Technology and Star Cement cover an airline software and services provider, a performance chemicals maker and a North East cement maker.
This list covers three airline software, chemical and cement stocks with complete current figures: Accelya Solutions India, Clean Science and Technology and Star Cement. Every figure comes from the latest reported financials and the 5 November 2026 market close. Companies without complete current figures were left out.
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What Are Airline Software, Chemical and Cement Stocks?
Airline software, chemical and cement stocks are listed companies that provide software and services to airlines, make performance and specialty chemicals, and produce cement across India's North East. Their earnings depend on air travel volumes, chemical orders and construction activity.
Airline Software, Chemical and Cement Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Accelya Solutions India | 960.95 | 1,422 | 15.0 | 17.6 | 38.1 | 0.06 |
| Clean Science and Technology | 678.7 | 8,080 | 34.7 | 35.1 | 14.5 | 0.00 |
| Star Cement | 180.08 | 6,481 | 17.7 | 29.6 | 12.3 | 0.19 |
On valuation, all three trade at a P/E below their industry P/E, which means the market is pricing them at a lower multiple than their peer group. Readers comparing airline software, chemical and cement stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.
Why Do Airline Software, Chemical and Cement Stocks Have a Strong Roadmap in India?
Airline software, chemical and cement stocks have a strong roadmap in India because growing air travel, wider specialty chemical applications and steady construction work keep widening the market for these companies.
- Airline software. Airlines invest in digital systems.
- Performance chemicals. Industry needs specialty ingredients.
- Cement. Infrastructure in the North East needs supply.
Why Accelya Solutions India Features Among These Airline Software, Chemical and Cement Stocks
Among the airline software, chemical and cement stocks on this list, Accelya Solutions India provides software and services to airlines, helping them manage revenue accounting, sales settlement and passenger-related processes for carriers around the world.
Revenue rose from Rs 376 crore in FY22 to Rs 553 crore in FY26, a compound annual growth rate of 10.1%. Net profit grew from Rs 76.2 crore in FY22 to Rs 95.4 crore in FY26, which works out to a compound annual growth rate of 5.8%.
The company has a return on equity of 38.1%, a debt to equity ratio of 0.06 and a market capitalisation of Rs 1,422 crore. The stock trades at a P/E of 15.0, below the industry P/E of 17.6.
Roadmap: The company benefits from airlines modernising their technology and from strong growth in air travel. Long-term contracts with carriers provide repeat revenue.
What to watch: Follow new airline contracts, global air traffic and the pace of product upgrades.
Why Clean Science and Technology Features Among These Airline Software, Chemical and Cement Stocks
Among the technology, chemistry and building shares on this list, Clean Science and Technology makes specialty chemicals including performance chemicals, pharma intermediates and FMCG chemicals using its own catalytic processes.
In the June 2026 quarter, revenue grew 13.4% year on year to Rs 291 crore, while net profit rose 4.7% to Rs 73.3 crore. Revenue rose from Rs 715 crore in FY22 to Rs 989 crore in FY26, a compound annual growth rate of 8.5%.
Net profit for FY26 was Rs 230 crore, a net margin of 23.2%. The company has a return on equity of 14.5%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 8,080 crore. The stock trades at a P/E of 34.7, below the industry P/E of 35.1.
Roadmap: The company uses cleaner, in-house developed processes that give it cost advantages in products such as MEHQ and guaiacol. It is adding new products and capacity, and carries no debt.
What to watch: Watch new product launches and capacity utilisation at its newer plants.
Why Star Cement Features Among These Airline Software, Chemical and Cement Stocks
Among the three companies on this list, Star Cement is a leading cement maker in India's North East, producing cement at plants in Meghalaya and Assam and selling across the region and in eastern India.
The company has a return on equity of 12.3%, a debt to equity ratio of 0.19 and a market capitalisation of Rs 6,481 crore. The stock trades at a P/E of 17.7, below the industry P/E of 29.6.
Revenue rose from Rs 2,255 crore in FY22 to Rs 3,796 crore in FY26, a compound annual growth rate of 13.9%. Net profit grew from Rs 247 crore in FY22 to Rs 390 crore in FY26, which works out to a compound annual growth rate of 12.2%. In the June 2026 quarter, revenue grew 4.1% year on year to Rs 951 crore.
Roadmap: The company is expanding capacity and widening its reach in eastern India, while infrastructure and housing spending in the North East supports demand. Its strong regional position helps pricing.
What to watch: Follow regional cement prices, capacity expansion and fuel and freight costs.
Accelya Solutions India vs Clean Science and Technology vs Star Cement on Key Financials
The table below sets the three airline software, chemical and cement stocks side by side on revenue, profit and margin, using reported figures.
| Company | FY22 Revenue (Rs Cr) | FY26 Revenue (Rs Cr) | Revenue CAGR (FY22-FY26) | FY26 Net Profit (Rs Cr) | FY26 Net Margin |
|---|---|---|---|---|---|
| Accelya Solutions India | 376 | 553 | 10.1% | 95.4 | 17.2% |
| Clean Science and Technology | 715 | 989 | 8.5% | 230 | 23.2% |
| Star Cement | 2,255 | 3,796 | 13.9% | 390 | 10.3% |
Accelya Solutions India posts the highest return on equity in this group at 38.1%. Star Cement combines the largest FY26 revenue at Rs 3,796 crore with the fastest revenue growth, a 13.9% compound annual rate. A useful habit with airline software, chemical and cement stocks is to check each new quarterly result against the capacity plans the company described earlier.
Key Risks to Check Before Investing in Airline Software, Chemical and Cement Stocks
Every theme carries risks that deserve a check before any decision. For these airline software, chemical and cement stocks, the main points are:
- Client spending. Technology budgets can vary with global conditions.
- Raw material and energy costs. Input prices can move margins in chemicals.
- Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them.
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.
Use the Univest Stock Screener to filter airline software, chemical and cement stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Airline Software, Chemical and Cement Stocks
Airline software, chemical and cement stocks reward patient research into demand, execution and financial strength. Accelya Solutions India, Clean Science and Technology and Star Cement each have a clear plan to grow. Based on the 5 November 2026 close, Accelya Solutions India trades at Rs 960.95, Clean Science and Technology at Rs 678.7 and Star Cement at Rs 180.08.
Download the Univest iOS App or Univest Android App to track airline software, chemical and cement stocks, set price alerts and get research-backed stock ideas.
Disclaimer: 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).
What are airline software, chemical and cement stocks?
Ans. Airline software, chemical and cement stocks are listed companies that provide software and services to airlines, make performance and specialty chemicals, and produce cement across India's North East. Their earnings depend on air travel volumes, chemical orders and construction activity. This list looks at three of them, Accelya Solutions India, Clean Science and Technology and Star Cement, using reported FY22 to FY26 financials and the 5 November 2026 closing prices.
Which airline software, chemical and cement stocks are covered in this list?
Ans. This list covers Accelya Solutions India, Clean Science and Technology and Star Cement. Based on the 5 November 2026 close, Accelya Solutions India traded at Rs 960.95, Clean Science and Technology at Rs 678.7 and Star Cement at Rs 180.08. Their return on equity ranges from 12.3% to 38.1%, and their revenue compound annual growth from FY22 to FY26 ranges from 8.5% to 13.9%.
Why do airline software, chemical and cement stocks have a strong future roadmap in India?
Ans. Airline software, chemical and cement stocks have a strong roadmap in India because growing air travel, wider specialty chemical applications and steady construction work keep widening the market for these companies. The main drivers are as follows. Airline software. Airlines invest in digital systems. Performance chemicals. Industry needs specialty ingredients. Cement. Infrastructure in the North East needs supply. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Accelya Solutions India performed financially?
Ans. Revenue rose from Rs 376 crore in FY22 to Rs 553 crore in FY26, a compound annual growth rate of 10.1%. Net profit grew from Rs 76.2 crore in FY22 to Rs 95.4 crore in FY26, which works out to a compound annual growth rate of 5.8%. The company has a return on equity of 38.1%, a debt to equity ratio of 0.06 and a market capitalisation of Rs 1,422 crore. The stock trades at a P/E of 15.0, below the industry P/E of 17.6. Looking ahead, the company benefits from airlines modernising their technology and from strong growth in air travel. Long-term contracts with carriers provide repeat revenue.
How has Clean Science and Technology performed financially?
Ans. Revenue rose from Rs 715 crore in FY22 to Rs 989 crore in FY26, a compound annual growth rate of 8.5%. Net profit for FY26 was Rs 230 crore, a net margin of 23.2%. In the June 2026 quarter, revenue grew 13.4% year on year to Rs 291 crore, while net profit rose 4.7% to Rs 73.3 crore. The company has a return on equity of 14.5%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 8,080 crore. The stock trades at a P/E of 34.7, below the industry P/E of 35.1. Looking ahead, the company uses cleaner, in-house developed processes that give it cost advantages in products such as MEHQ and guaiacol. It is adding new products and capacity, and carries no debt.
How has Star Cement performed financially?
Ans. Revenue rose from Rs 2,255 crore in FY22 to Rs 3,796 crore in FY26, a compound annual growth rate of 13.9%. Net profit grew from Rs 247 crore in FY22 to Rs 390 crore in FY26, which works out to a compound annual growth rate of 12.2%. In the June 2026 quarter, revenue grew 4.1% year on year to Rs 951 crore. The company has a return on equity of 12.3%, a debt to equity ratio of 0.19 and a market capitalisation of Rs 6,481 crore. The stock trades at a P/E of 17.7, below the industry P/E of 29.6. Looking ahead, the company is expanding capacity and widening its reach in eastern India, while infrastructure and housing spending in the North East supports demand. Its strong regional position helps pricing.
What risks should investors check before buying airline software, chemical and cement stocks?
Ans. Investors should check a few risks before buying airline software, chemical and cement stocks. Client spending. Technology budgets can vary with global conditions. Raw material and energy costs. Input prices can move margins in chemicals. 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.
Is this list of airline software, chemical and cement stocks investment advice?
Ans. 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.
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