
3 CNC Machines Maker, Motorcycles and Commercial Vehicles Company and Engineering and Construction Company Stocks With a Strong Future Roadmap: Jyoti CNC Automation, Eicher Motors and Larsen & Toubro
Jyoti CNC Automation, Eicher Motors and Larsen & Toubro: ROE of 14.7% to 22.0% and FY22 to FY26 revenue CAGR of 16.4% to 30.2%. Prices as of 10 Nov 2026.
Updated: 11 Nov 2026 • 11:13 am
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Quick Answer
The three CNC machine, motorcycle and engineering stocks to watch are Jyoti CNC Automation, Eicher Motors and Larsen & Toubro. Their return on equity ranges from 14.7% to 22.0%, and their revenue compound annual growth from FY22 to FY26 ranges from 16.4% to 30.2%. Eicher Motors has the highest return on equity at 22.0%, while Jyoti CNC Automation has the fastest revenue growth at 30.2% a year. Prices are based on the 10 November 2026 close, and this article is educational, not investment advice.
CNC machine, motorcycle and engineering stocks let investors follow companies that serve a growing part of the Indian economy. Jyoti CNC Automation, Eicher Motors and Larsen & Toubro cover a CNC machines maker, a motorcycles and commercial vehicles company and an engineering and construction company.
This list covers three CNC machine, motorcycle and engineering stocks with complete current figures: Jyoti CNC Automation, Eicher Motors and Larsen & Toubro. Every figure comes from the latest reported financials and the 10 November 2026 market close. Companies without complete current figures were left out.
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What Are CNC Machine, Motorcycle and Engineering Stocks?
CNC machine, motorcycle and engineering stocks are listed companies that make computer controlled machine tools for factories, build premium motorcycles and commercial vehicles, and execute large engineering, construction and technology projects. Their earnings depend on factory investment, vehicle demand and project awards.
CNC Machine, Motorcycle and Engineering Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Jyoti CNC Automation | 1,036.4 | 22,175 | 68.9 | 44.4 | 16.8 | 0.43 |
| Eicher Motors | 7,629 | 193,538 | 33.5 | 23.4 | 22.0 | 0.02 |
| Larsen & Toubro | 4,185 | 501,514 | 25.6 | 21.9 | 14.7 | 1.15 |
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 CNC machine, motorcycle and engineering stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain. With the Q2 FY27 results season close, investors in CNC machine, motorcycle and engineering stocks can use the coming numbers to test whether growth is holding.
Why Do CNC Machine, Motorcycle and Engineering Stocks Have a Strong Roadmap in India?
CNC machine, motorcycle and engineering stocks have a strong roadmap in India because rising factory automation, strong demand for premium motorcycles and heavy infrastructure and defence spending keep widening the market for these companies.
- CNC machines. Factories automate to raise precision.
- Motorcycles. Riders choose premium brands.
- Engineering projects. Roads, plants and metros need builders.
Why Jyoti CNC Automation Features Among These CNC Machine, Motorcycle and Engineering Stocks
Among the CNC machine, motorcycle and engineering 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.
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.
Roadmap: 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.
What to watch: Watch order book trends and how quickly the international business contributes.
Why Eicher Motors Features Among These CNC Machine, Motorcycle and Engineering Stocks
Among the machine tool, bike and project shares on this list, Eicher Motors makes Royal Enfield motorcycles and, through a joint venture, commercial vehicles, and it sells mid-size motorcycles in India and in a growing list of overseas markets.
In the June 2026 quarter, revenue grew 29.4% year on year to Rs 7,099 crore, while net profit rose 21.3% to Rs 1,463 crore. Revenue rose from Rs 10,739 crore in FY22 to Rs 24,894 crore in FY26, a compound annual growth rate of 23.4%.
Net profit grew from Rs 1,677 crore in FY22 to Rs 5,515 crore in FY26, which works out to a compound annual growth rate of 34.7%. The company has a return on equity of 22.0%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 193,538 crore. The stock trades at a P/E of 33.5, above the industry P/E of 23.4.
Roadmap: The company is launching new models, expanding its dealer and export network and entering electric motorcycles. A strong brand with loyal riders supports pricing and repeat demand.
What to watch: Follow new launches, export growth and the pace of electric and adventure model rollouts.
Why Larsen & Toubro Features Among These CNC Machine, Motorcycle and Engineering Stocks
Among the three companies on this list, Larsen and Toubro is a Mumbai-based engineering and construction conglomerate that builds infrastructure, energy and defence projects and also runs technology services, financial services and electronics businesses.
The company has a return on equity of 14.7%, a debt to equity ratio of 1.15 and a market capitalisation of Rs 501,514 crore. The stock trades at a P/E of 25.6, above the industry P/E of 21.9.
Revenue rose from Rs 158,788 crore in FY22 to Rs 291,635 crore in FY26, a compound annual growth rate of 16.4%. Net profit grew from Rs 10,291 crore in FY22 to Rs 19,159 crore in FY26, which works out to a compound annual growth rate of 16.8%. In the June 2026 quarter, revenue grew 8.1% year on year to Rs 70,318 crore, while net profit rose 15.2% to Rs 4,983 crore.
Roadmap: The company has a very large order book across infrastructure, energy and hydrocarbon projects, supported by government capital spending. Its growing technology and green energy businesses widen its sources of growth.
What to watch: Monitor order inflows, project execution and government infrastructure spending.
Jyoti CNC Automation vs Eicher Motors vs Larsen & Toubro on Key Financials
The table below sets the three CNC machine, motorcycle and engineering 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 |
|---|---|---|---|---|---|
| Jyoti CNC Automation | 750 | 2,154 | 30.2% | 336 | 15.6% |
| Eicher Motors | 10,739 | 24,894 | 23.4% | 5,515 | 22.2% |
| Larsen & Toubro | 158,788 | 291,635 | 16.4% | 19,159 | 6.6% |
Eicher Motors posts the highest return on equity in this group at 22.0%. Larsen & Toubro has the largest FY26 revenue at Rs 291,635 crore, and Jyoti CNC Automation shows the fastest revenue growth with a 30.2% compound annual rate. A useful habit with CNC machine, motorcycle and engineering stocks is to check each new quarterly result against the capacity plans the company described earlier.
The June 2026 quarter, the latest reported, gives a fresh read on momentum:
| Company | Q1 FY26 Revenue (Rs Cr) | Q1 FY27 Revenue (Rs Cr) | Year-on-Year Growth |
|---|---|---|---|
| Jyoti CNC Automation | 431 | 512 | 19.0% |
| Eicher Motors | 5,488 | 7,099 | 29.4% |
| Larsen & Toubro | 65,036 | 70,318 | 8.1% |
Key Risks to Check Before Investing in CNC Machine, Motorcycle and Engineering Stocks
Every theme carries risks that deserve a check before any decision. For these CNC machine, motorcycle and engineering stocks, the main points are: Long-term machine tool, bike and project shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Capital spending cycles. Customer investment in plants and equipment can vary.
- Production cycles. Vehicle output can vary with demand.
- Order timing. Project awards can shift between periods.
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 CNC machine, motorcycle and engineering stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on CNC Machine, Motorcycle and Engineering Stocks
CNC machine, motorcycle and engineering stocks reward investors who follow demand trends, order books and margins together. Jyoti CNC Automation, Eicher Motors and Larsen & Toubro each have a clear plan to grow. Based on the 10 November 2026 close, Jyoti CNC Automation trades at Rs 1,036.4, Eicher Motors at Rs 7,629 and Larsen & Toubro at Rs 4,185. Valuation matters as much as growth, so compare each company's P/E with its industry P/E before adding any of these CNC machine, motorcycle and engineering stocks to a watchlist.
Download the Univest iOS App or Univest Android App to track CNC machine, motorcycle and engineering 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 CNC machine, motorcycle and engineering stocks?
Ans. CNC machine, motorcycle and engineering stocks are listed companies that make computer controlled machine tools for factories, build premium motorcycles and commercial vehicles, and execute large engineering, construction and technology projects. Their earnings depend on factory investment, vehicle demand and project awards. This list looks at three of them, Jyoti CNC Automation, Eicher Motors and Larsen & Toubro, using reported FY22 to FY26 financials and the 10 November 2026 closing prices.
Which CNC machine, motorcycle and engineering stocks are covered in this list?
Ans. This list covers Jyoti CNC Automation, Eicher Motors and Larsen & Toubro. Based on the 10 November 2026 close, Jyoti CNC Automation traded at Rs 1,036.4, Eicher Motors at Rs 7,629 and Larsen & Toubro at Rs 4,185. Their return on equity ranges from 14.7% to 22.0%, and their revenue compound annual growth from FY22 to FY26 ranges from 16.4% to 30.2%.
Why do CNC machine, motorcycle and engineering stocks have a strong future roadmap in India?
Ans. CNC machine, motorcycle and engineering stocks have a strong roadmap in India because rising factory automation, strong demand for premium motorcycles and heavy infrastructure and defence spending keep widening the market for these companies. The main drivers are as follows. CNC machines. Factories automate to raise precision. Motorcycles. Riders choose premium brands. Engineering projects. Roads, plants and metros need builders. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Jyoti CNC Automation performed financially?
Ans. 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.
How has Eicher Motors performed financially?
Ans. Revenue rose from Rs 10,739 crore in FY22 to Rs 24,894 crore in FY26, a compound annual growth rate of 23.4%. Net profit grew from Rs 1,677 crore in FY22 to Rs 5,515 crore in FY26, which works out to a compound annual growth rate of 34.7%. In the June 2026 quarter, revenue grew 29.4% year on year to Rs 7,099 crore, while net profit rose 21.3% to Rs 1,463 crore. The company has a return on equity of 22.0%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 193,538 crore. The stock trades at a P/E of 33.5, above the industry P/E of 23.4. Looking ahead, the company is launching new models, expanding its dealer and export network and entering electric motorcycles. A strong brand with loyal riders supports pricing and repeat demand.
How has Larsen & Toubro performed financially?
Ans. Revenue rose from Rs 158,788 crore in FY22 to Rs 291,635 crore in FY26, a compound annual growth rate of 16.4%. Net profit grew from Rs 10,291 crore in FY22 to Rs 19,159 crore in FY26, which works out to a compound annual growth rate of 16.8%. In the June 2026 quarter, revenue grew 8.1% year on year to Rs 70,318 crore, while net profit rose 15.2% to Rs 4,983 crore. The company has a return on equity of 14.7%, a debt to equity ratio of 1.15 and a market capitalisation of Rs 501,514 crore. The stock trades at a P/E of 25.6, above the industry P/E of 21.9. Looking ahead, the company has a very large order book across infrastructure, energy and hydrocarbon projects, supported by government capital spending. Its growing technology and green energy businesses widen its sources of growth.
What risks should investors check before buying CNC machine, motorcycle and engineering stocks?
Ans. Investors should check a few risks before buying CNC machine, motorcycle and engineering stocks. Capital spending cycles. Customer investment in plants and equipment can vary. Production cycles. Vehicle output can vary with demand. Order timing. Project awards can shift between periods. 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 CNC machine, motorcycle and engineering stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 10 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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