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3 Cranes and Construction Equipment Maker, Bimetal Strips Maker and Luggage Brand Stocks With a Strong Future Roadmap: Action Construction Equipment, Shivalik Bimetal and Safari Industries (India)

Action Construction Equipment, Shivalik Bimetal and Safari Industries (India): ROE of 15.1% to 20.6% and FY22 to FY26 revenue CAGR of 15.3% to 30.6%. Prices as of 5 Nov 2026.


6 Nov 2026 • 10:51 am

3 Cranes and Construction Equipment Maker, Bimetal Strips Maker and Luggage Brand Stocks With a Strong Future Roadmap: Action Construction Equipment, Shivalik Bimetal and Safari Industries (India)

Quick Answer

The three crane, bimetal strip and luggage stocks to watch are Action Construction Equipment, Shivalik Bimetal and Safari Industries (India). Their return on equity ranges from 15.1% to 20.6%, and their revenue compound annual growth from FY22 to FY26 ranges from 15.3% to 30.6%. Action Construction Equipment has the highest return on equity at 20.6%, while Safari Industries (India) has the fastest revenue growth at 30.6% a year. Prices are based on the 5 November 2026 close, and this article is educational, not investment advice.

Crane, bimetal strip and luggage stocks let investors follow companies that serve a growing part of the Indian economy. Action Construction Equipment, Shivalik Bimetal and Safari Industries (India) cover a cranes and construction equipment maker, a bimetal strips maker and a luggage brand.

This list covers three crane, bimetal strip and luggage stocks with complete current figures: Action Construction Equipment, Shivalik Bimetal and Safari Industries (India). 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 Crane, Bimetal Strip and Luggage Stocks?

Crane, bimetal strip and luggage stocks are listed companies that make mobile cranes and construction equipment, produce bimetal strips and electrical contact materials, and sell suitcases, backpacks and travel gear. Their earnings depend on infrastructure spending, electrical demand and travel related spending.

Crane, Bimetal Strip and Luggage Stocks at a Glance

Company CMP (Rs) Market Cap (Rs Cr) P/E Industry P/E ROE (%) D/E
Action Construction Equipment 1,127.65 13,204 30.2 44.4 20.6 0.00
Shivalik Bimetal 998.1 5,383 50.7 11.3 19.9 0.13
Safari Industries (India) 1,249.5 6,495 39.4 36.4 15.1 0.10

On valuation, Action Construction Equipment trades at a P/E below the industry P/E, while Shivalik Bimetal and Safari Industries (India) trade above it, which reflects the growth the market already expects. Readers comparing crane, bimetal strip and luggage 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 crane, bimetal strip and luggage stocks can use the coming numbers to test whether growth is holding.

Why Do Crane, Bimetal Strip and Luggage Stocks Have a Strong Roadmap in India?

Crane, bimetal strip and luggage stocks have a strong roadmap in India because heavy infrastructure building, growing use of electrical components in vehicles and appliances and rising travel keep widening the market for these companies.

  • Cranes. Roads and railways need heavy lifting machines.
  • Bimetal strips. Appliances and vehicles need electrical materials.
  • Luggage. More families travel with branded gear.

Why Action Construction Equipment Features Among These Crane, Bimetal Strip and Luggage Stocks

Among the crane, bimetal strip and luggage stocks on this list, Action Construction Equipment is a Haryana-based maker of cranes, backhoe loaders, aerial work platforms and other material-handling and construction machinery.

In the June 2026 quarter, revenue grew 19.5% year on year to Rs 840 crore, while net profit rose 22.3% to Rs 119 crore. Revenue rose from Rs 1,640 crore in FY22 to Rs 3,390 crore in FY26, a compound annual growth rate of 19.9%.

Net profit grew from Rs 105 crore in FY22 to Rs 415 crore in FY26, which works out to a compound annual growth rate of 41.0%. The company has a return on equity of 20.6%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 13,204 crore. The stock trades at a P/E of 30.2, below the industry P/E of 44.4.

Roadmap: Infrastructure spending, rail and port projects and a growing share of exports support demand for its cranes and construction machines. The company also benefits from its widespread dealer network, which gives it reach across India.

What to watch: Follow government infrastructure spending and monsoon-linked construction activity.

Why Shivalik Bimetal Features Among These Crane, Bimetal Strip and Luggage Stocks

Among the building machine, electrical strip and travel bag shares on this list, Shivalik Bimetal Controls makes thermostatic bimetal strips, shunts and electrical contact components used in appliances, automobiles and electrical equipment, selling to customers in India and abroad.

The company has a return on equity of 19.9%, a debt to equity ratio of 0.13 and a market capitalisation of Rs 5,383 crore. The stock trades at a P/E of 50.7, above the industry P/E of 11.3.

Revenue rose from Rs 329 crore in FY22 to Rs 583 crore in FY26, a compound annual growth rate of 15.3%. Net profit grew from Rs 55.1 crore in FY22 to Rs 95.9 crore in FY26, which works out to a compound annual growth rate of 14.8%. In the June 2026 quarter, revenue grew 33.7% year on year to Rs 186 crore, while net profit rose 44.9% to Rs 33.0 crore.

Roadmap: The company is growing its shunt business for electric and hybrid vehicles and smart meters while adding new components for industrial and appliance customers. Its materials expertise supports a strong position in the niche.

What to watch: Follow shunt demand from electric vehicles and meters and new component launches.

Why Safari Industries (India) Features Among These Crane, Bimetal Strip and Luggage Stocks

Among the three companies on this list, Safari Industries (India) makes hard luggage and soft luggage, including trolley bags and backpacks, and sells through retail stores, online channels and distributors.

Revenue rose from Rs 713 crore in FY22 to Rs 2,072 crore in FY26, a compound annual growth rate of 30.6%. Net profit grew from Rs 22.4 crore in FY22 to Rs 168 crore in FY26, which works out to a compound annual growth rate of 65.5%.

In the June 2026 quarter, revenue grew 11.6% year on year to Rs 596 crore. The company has a return on equity of 15.1%, a debt to equity ratio of 0.10 and a market capitalisation of Rs 6,495 crore. The stock trades at a P/E of 39.4, above the industry P/E of 36.4.

Roadmap: Rising travel, a shift to branded luggage and capacity additions support its sales. The company's push for a premium range and wider retail reach adds to demand, and a bigger plant network supports growth.

What to watch: Follow travel demand trends and the pace of capacity ramp-up.

Action Construction Equipment vs Shivalik Bimetal vs Safari Industries (India) on Key Financials

The table below sets the three crane, bimetal strip and luggage 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
Action Construction Equipment 1,640 3,390 19.9% 415 12.2%
Shivalik Bimetal 329 583 15.3% 95.9 16.4%
Safari Industries (India) 713 2,072 30.6% 168 8.1%

Action Construction Equipment posts the highest return on equity in this group at 20.6%. Action Construction Equipment has the largest FY26 revenue at Rs 3,390 crore, and Safari Industries (India) shows the fastest revenue growth with a 30.6% compound annual rate. A useful habit with crane, bimetal strip and luggage stocks is to check each new quarterly result against the capacity plans the company described earlier. Many investors spread money across several mobile crane, thermostat strip and suitcase stocks instead of one name, which keeps a single result from deciding the outcome.

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
Action Construction Equipment 703 840 19.5%
Shivalik Bimetal 139 186 33.7%
Safari Industries (India) 534 596 11.6%

Key Risks to Check Before Investing in Crane, Bimetal Strip and Luggage Stocks

Every theme carries risks that deserve a check before any decision. For these crane, bimetal strip and luggage stocks, the main points are: Long-term building machine, electrical strip and travel bag shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.

  • Capex cycles. Customer spending on plants and projects can vary.
  • 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 crane, bimetal strip and luggage stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.

Final Thoughts on Crane, Bimetal Strip and Luggage Stocks

Crane, bimetal strip and luggage stocks reward investors who follow demand trends, order books and margins together. Action Construction Equipment, Shivalik Bimetal and Safari Industries (India) each have a clear plan to grow. Based on the 5 November 2026 close, Action Construction Equipment trades at Rs 1,127.65, Shivalik Bimetal at Rs 998.1 and Safari Industries (India) at Rs 1,249.5. Valuation matters as much as growth, so compare each company's P/E with its industry P/E before adding any of these crane, bimetal strip and luggage stocks to a watchlist.

Download the Univest iOS App or Univest Android App to track crane, bimetal strip and luggage 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 crane, bimetal strip and luggage stocks?

Ans. Crane, bimetal strip and luggage stocks are listed companies that make mobile cranes and construction equipment, produce bimetal strips and electrical contact materials, and sell suitcases, backpacks and travel gear. Their earnings depend on infrastructure spending, electrical demand and travel related spending. This list looks at three of them, Action Construction Equipment, Shivalik Bimetal and Safari Industries (India), using reported FY22 to FY26 financials and the 5 November 2026 closing prices.

Which crane, bimetal strip and luggage stocks are covered in this list?

Ans. This list covers Action Construction Equipment, Shivalik Bimetal and Safari Industries (India). Based on the 5 November 2026 close, Action Construction Equipment traded at Rs 1,127.65, Shivalik Bimetal at Rs 998.1 and Safari Industries (India) at Rs 1,249.5. Their return on equity ranges from 15.1% to 20.6%, and their revenue compound annual growth from FY22 to FY26 ranges from 15.3% to 30.6%.

Why do crane, bimetal strip and luggage stocks have a strong future roadmap in India?

Ans. Crane, bimetal strip and luggage stocks have a strong roadmap in India because heavy infrastructure building, growing use of electrical components in vehicles and appliances and rising travel keep widening the market for these companies. The main drivers are as follows. Cranes. Roads and railways need heavy lifting machines. Bimetal strips. Appliances and vehicles need electrical materials. Luggage. More families travel with branded gear. Together these factors give the companies on this list a visible path for growth over the coming years.

How has Action Construction Equipment performed financially?

Ans. Revenue rose from Rs 1,640 crore in FY22 to Rs 3,390 crore in FY26, a compound annual growth rate of 19.9%. Net profit grew from Rs 105 crore in FY22 to Rs 415 crore in FY26, which works out to a compound annual growth rate of 41.0%. In the June 2026 quarter, revenue grew 19.5% year on year to Rs 840 crore, while net profit rose 22.3% to Rs 119 crore. The company has a return on equity of 20.6%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 13,204 crore. The stock trades at a P/E of 30.2, below the industry P/E of 44.4. Looking ahead, infrastructure spending, rail and port projects and a growing share of exports support demand for its cranes and construction machines. The company also benefits from its widespread dealer network, which gives it reach across India.

How has Shivalik Bimetal performed financially?

Ans. Revenue rose from Rs 329 crore in FY22 to Rs 583 crore in FY26, a compound annual growth rate of 15.3%. Net profit grew from Rs 55.1 crore in FY22 to Rs 95.9 crore in FY26, which works out to a compound annual growth rate of 14.8%. In the June 2026 quarter, revenue grew 33.7% year on year to Rs 186 crore, while net profit rose 44.9% to Rs 33.0 crore. The company has a return on equity of 19.9%, a debt to equity ratio of 0.13 and a market capitalisation of Rs 5,383 crore. The stock trades at a P/E of 50.7, above the industry P/E of 11.3. Looking ahead, the company is growing its shunt business for electric and hybrid vehicles and smart meters while adding new components for industrial and appliance customers. Its materials expertise supports a strong position in the niche.

How has Safari Industries (India) performed financially?

Ans. Revenue rose from Rs 713 crore in FY22 to Rs 2,072 crore in FY26, a compound annual growth rate of 30.6%. Net profit grew from Rs 22.4 crore in FY22 to Rs 168 crore in FY26, which works out to a compound annual growth rate of 65.5%. In the June 2026 quarter, revenue grew 11.6% year on year to Rs 596 crore. The company has a return on equity of 15.1%, a debt to equity ratio of 0.10 and a market capitalisation of Rs 6,495 crore. The stock trades at a P/E of 39.4, above the industry P/E of 36.4. Looking ahead, rising travel, a shift to branded luggage and capacity additions support its sales. The company's push for a premium range and wider retail reach adds to demand, and a bigger plant network supports growth.

What risks should investors check before buying crane, bimetal strip and luggage stocks?

Ans. Investors should check a few risks before buying crane, bimetal strip and luggage stocks. Capex cycles. Customer spending on plants and projects can vary. 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 crane, bimetal strip and luggage 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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