
3 Cement and Wall Putty Producer, Senior Living Homes Builder and Electrical Cables and Fans Maker Stocks With a Strong Future Roadmap: JK Cement, Ashiana Housing and RR Kabel
JK Cement, Ashiana Housing and RR Kabel: ROE of 13.6% to 19.1% and FY22 to FY26 revenue CAGR of 14.4% to 50.2%. Prices as of 3 Nov 2026.
Updated: 4 Nov 2026 • 1:17 pm
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Quick Answer
The three cement, mid-income home and cable stocks to watch are JK Cement, Ashiana Housing and RR Kabel. Their return on equity ranges from 13.6% to 19.1%, and their revenue compound annual growth from FY22 to FY26 ranges from 14.4% to 50.2%. RR Kabel has the highest return on equity at 19.1%, while Ashiana Housing has the fastest revenue growth at 50.2% a year. Prices are based on the 3 November 2026 close, and this article is educational, not investment advice.
Cement, mid-income home and cable stocks bring together companies with a visible plan for the years ahead. JK Cement, Ashiana Housing and RR Kabel cover a cement maker, a mid income housing developer and a wires and cables maker.
This list covers three cement, mid-income home and cable stocks with complete current figures: JK Cement, Ashiana Housing and RR Kabel. Every figure comes from the latest reported financials and the 3 November 2026 market close. Companies without complete current figures were left out.
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What Are Cement, Mid-income Home and Cable Stocks?
Cement, mid-income home and cable stocks are listed companies that make grey cement, white cement and wall putty, build mid-income homes and senior living communities, and produce wires, cables and electrical products. Their earnings depend on construction activity, home sales and electrical demand.
Cement, Mid-income Home and Cable Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| JK Cement | 5,084.6 | 37,671 | 40.1 | 29.1 | 14.1 | 0.88 |
| Ashiana Housing | 358.15 | 3,586 | 30.3 | 30.7 | 13.6 | 0.35 |
| RR Kabel | 2,000.5 | 24,189 | 39.8 | 37.5 | 19.1 | 0.13 |
On valuation, Ashiana Housing trades at a P/E below the industry P/E, while JK Cement and RR Kabel trade above it, which reflects the growth the market already expects. Readers comparing cement, mid-income home and cable stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.
Why Do Cement, Mid-income Home and Cable Stocks Have a Strong Roadmap in India?
Cement, mid-income home and cable stocks have a strong roadmap in India because housing growth, steady construction spending and rising electrical needs in new buildings keep widening the market for these construction linked companies.
- Cement. New buildings and roads need cement.
- Homes. Mid-income buyers look for timely delivery.
- Cables. Every new building needs wiring.
Why JK Cement Features Among These Cement, Mid-income Home and Cable Stocks
Among the cement, mid-income home and cable stocks on this list, JK Cement is a cement and building products company with plants in northern, western and southern India. It sells grey cement, white cement and wall putty, and it has a strong presence in the premium white cement segment.
The company has a return on equity of 14.1%, a debt to equity ratio of 0.88 and a market capitalisation of Rs 37,671 crore. The stock trades at a P/E of 40.1, above the industry P/E of 29.1.
Revenue rose from Rs 8,134 crore in FY22 to Rs 13,917 crore in FY26, a compound annual growth rate of 14.4%. Net profit grew from Rs 679 crore in FY22 to Rs 988 crore in FY26, which works out to a compound annual growth rate of 9.8%. In the June 2026 quarter, revenue grew 19.4% year on year to Rs 4,071 crore.
Roadmap: The company is expanding grey cement capacity in several regions and growing its white cement and putty range, which carries a strong brand. Housing and infrastructure activity supports steady cement demand.
What to watch: Track capacity additions, volume growth and realisation per tonne.
Why Ashiana Housing Features Among These Cement, Mid-income Home and Cable Stocks
Among the building and housing shares on this list, Ashiana Housing develops mid-income residential projects and senior living communities in cities such as the Delhi region, Jaipur and Chennai. It is known for its focus on construction quality and timely delivery.
Revenue rose from Rs 234 crore in FY22 to Rs 1,187 crore in FY26, a compound annual growth rate of 50.2%. Net profit grew from Rs 27.9 crore in FY23 to Rs 118 crore in FY26, which works out to a compound annual growth rate of 61.7%.
The company has a return on equity of 13.6%, a debt to equity ratio of 0.35 and a market capitalisation of Rs 3,586 crore. The stock trades at a P/E of 30.3, below the industry P/E of 30.7.
Roadmap: The company is launching new phases in established markets and growing its senior living portfolio. A reputation for delivery supports sales in its projects.
What to watch: Track sales bookings, project launches and deliveries.
Why RR Kabel Features Among These Cement, Mid-income Home and Cable Stocks
Among the three companies on this list, RR Kabel manufactures wires and cables for homes, industry and infrastructure, and it also sells electrical products such as fans, lighting and switches under its own brand.
In the June 2026 quarter, revenue grew 54.6% year on year to Rs 3,201 crore, while net profit rose 128.8% to Rs 205 crore. Revenue rose from Rs 4,432 crore in FY22 to Rs 9,779 crore in FY26, a compound annual growth rate of 21.9%.
Net profit grew from Rs 214 crore in FY22 to Rs 492 crore in FY26, which works out to a compound annual growth rate of 23.2%. The company has a return on equity of 19.1%, a debt to equity ratio of 0.13 and a market capitalisation of Rs 24,189 crore. The stock trades at a P/E of 39.8, above the industry P/E of 37.5.
Roadmap: The company is growing its fast-moving electrical goods range and widening its dealer reach. Rising housing and infrastructure activity supports steady demand for wires and cables.
What to watch: Follow copper and aluminium costs, dealer network growth and the share of electrical goods in sales.
JK Cement vs Ashiana Housing vs RR Kabel on Key Financials
The table below sets the three cement, mid-income home and cable 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 |
|---|---|---|---|---|---|
| JK Cement | 8,134 | 13,917 | 14.4% | 988 | 7.1% |
| Ashiana Housing | 234 | 1,187 | 50.2% | 118 | 9.9% |
| RR Kabel | 4,432 | 9,779 | 21.9% | 492 | 5.0% |
RR Kabel posts the highest return on equity in this group at 19.1%. JK Cement has the largest FY26 revenue at Rs 13,917 crore, and Ashiana Housing shows the fastest revenue growth with a 50.2% compound annual rate. A useful habit with cement, mid-income home and cable stocks is to check each new quarterly result against the capacity plans the company described earlier.
Key Risks to Check Before Investing in Cement, Mid-income Home and Cable Stocks
Every theme carries risks that deserve a check before any decision. For these cement, mid-income home and cable stocks, the main points are: Long-term building and housing shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Housing cycles. Real estate and building demand can vary with rates and sentiment.
- Input costs. Metal and material prices can move margins.
- Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them.
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 cement, mid-income home and cable stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Cement, Mid-income Home and Cable Stocks
Cement, mid-income home and cable stocks suit investors who prefer to study business strength before price moves. JK Cement, Ashiana Housing and RR Kabel each have a clear plan to grow. Based on the 3 November 2026 close, JK Cement trades at Rs 5,084.6, Ashiana Housing at Rs 358.15 and RR Kabel at Rs 2,000.5.
Download the Univest iOS App or Univest Android App to track cement, mid-income home and cable 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 cement, mid-income home and cable stocks?
Ans. Cement, mid-income home and cable stocks are listed companies that make grey cement, white cement and wall putty, build mid-income homes and senior living communities, and produce wires, cables and electrical products. Their earnings depend on construction activity, home sales and electrical demand. This list looks at three of them, JK Cement, Ashiana Housing and RR Kabel, using reported FY22 to FY26 financials and the 3 November 2026 closing prices.
Which cement, mid-income home and cable stocks are covered in this list?
Ans. This list covers JK Cement, Ashiana Housing and RR Kabel. Based on the 3 November 2026 close, JK Cement traded at Rs 5,084.6, Ashiana Housing at Rs 358.15 and RR Kabel at Rs 2,000.5. Their return on equity ranges from 13.6% to 19.1%, and their revenue compound annual growth from FY22 to FY26 ranges from 14.4% to 50.2%.
Why do cement, mid-income home and cable stocks have a strong future roadmap in India?
Ans. Cement, mid-income home and cable stocks have a strong roadmap in India because housing growth, steady construction spending and rising electrical needs in new buildings keep widening the market for these construction linked companies. The main drivers are as follows. Cement. New buildings and roads need cement. Homes. Mid-income buyers look for timely delivery. Cables. Every new building needs wiring. Together these factors give the companies on this list a visible path for growth over the coming years.
How has JK Cement performed financially?
Ans. Revenue rose from Rs 8,134 crore in FY22 to Rs 13,917 crore in FY26, a compound annual growth rate of 14.4%. Net profit grew from Rs 679 crore in FY22 to Rs 988 crore in FY26, which works out to a compound annual growth rate of 9.8%. In the June 2026 quarter, revenue grew 19.4% year on year to Rs 4,071 crore. The company has a return on equity of 14.1%, a debt to equity ratio of 0.88 and a market capitalisation of Rs 37,671 crore. The stock trades at a P/E of 40.1, above the industry P/E of 29.1. Looking ahead, the company is expanding grey cement capacity in several regions and growing its white cement and putty range, which carries a strong brand. Housing and infrastructure activity supports steady cement demand.
How has Ashiana Housing performed financially?
Ans. Revenue rose from Rs 234 crore in FY22 to Rs 1,187 crore in FY26, a compound annual growth rate of 50.2%. Net profit grew from Rs 27.9 crore in FY23 to Rs 118 crore in FY26, which works out to a compound annual growth rate of 61.7%. The company has a return on equity of 13.6%, a debt to equity ratio of 0.35 and a market capitalisation of Rs 3,586 crore. The stock trades at a P/E of 30.3, below the industry P/E of 30.7. Looking ahead, the company is launching new phases in established markets and growing its senior living portfolio. A reputation for delivery supports sales in its projects.
How has RR Kabel performed financially?
Ans. Revenue rose from Rs 4,432 crore in FY22 to Rs 9,779 crore in FY26, a compound annual growth rate of 21.9%. Net profit grew from Rs 214 crore in FY22 to Rs 492 crore in FY26, which works out to a compound annual growth rate of 23.2%. In the June 2026 quarter, revenue grew 54.6% year on year to Rs 3,201 crore, while net profit rose 128.8% to Rs 205 crore. The company has a return on equity of 19.1%, a debt to equity ratio of 0.13 and a market capitalisation of Rs 24,189 crore. The stock trades at a P/E of 39.8, above the industry P/E of 37.5. Looking ahead, the company is growing its fast-moving electrical goods range and widening its dealer reach. Rising housing and infrastructure activity supports steady demand for wires and cables.
What risks should investors check before buying cement, mid-income home and cable stocks?
Ans. Investors should check a few risks before buying cement, mid-income home and cable stocks. Housing cycles. Real estate and building demand can vary with rates and sentiment. Input costs. Metal and material prices can move margins. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.
Is this list of cement, mid-income home and cable stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 3 November 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.
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