
3 Exhaust Systems Maker, Hospital Chain and Jewellery and Watches Company Stocks With a Strong Future Roadmap: Sharda Motor Industries, Apollo Hospitals Enterprise and Titan Company
Sharda Motor Industries, Apollo Hospitals Enterprise and Titan Company: ROE of 20.5% to 32.3% and FY22 to FY26 revenue CAGR of 11.1% to 32.0%. Prices as of 9 Nov 2026.
Updated: 10 Nov 2026 • 11:48 am
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Quick Answer
The three exhaust system, hospital and jewellery stocks to watch are Sharda Motor Industries, Apollo Hospitals Enterprise and Titan Company. Their return on equity ranges from 20.5% to 32.3%, and their revenue compound annual growth from FY22 to FY26 ranges from 11.1% to 32.0%. Titan Company leads on both return on equity at 32.3% and revenue growth at 32.0% a year. Prices are based on the 9 November 2026 close, and this article is educational, not investment advice.
Exhaust system, hospital and jewellery stocks give investors a way to track businesses that sit close to everyday demand in India. Sharda Motor Industries, Apollo Hospitals Enterprise and Titan Company cover an exhaust systems maker, a hospital chain and a jewellery and watches company.
This list covers three exhaust system, hospital and jewellery stocks with complete current figures: Sharda Motor Industries, Apollo Hospitals Enterprise and Titan Company. Every figure comes from the latest reported financials and the 9 November 2026 market close. Companies without complete current figures were left out.
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What Are Exhaust System, Hospital and Jewellery Stocks?
Exhaust system, hospital and jewellery stocks are listed companies that make exhaust systems and sheet metal parts for vehicles, run multi specialty hospitals and pharmacies, and sell jewellery, watches and eyewear. Their earnings depend on vehicle output, patient volumes and festive and wedding demand.
Exhaust System, Hospital and Jewellery Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Sharda Motor Industries | 881.6 | 4,995 | 15.0 | 36.9 | 26.3 | 0.04 |
| Apollo Hospitals Enterprise | 8,430 | 110,757 | 51.0 | 59.6 | 20.5 | 0.90 |
| Titan Company | 4,990.5 | 392,401 | 68.1 | 46.6 | 32.3 | 0.93 |
On valuation, Sharda Motor Industries and Apollo Hospitals Enterprise trade at a P/E below the industry P/E, while Titan Company trades above it, which reflects the growth the market already expects. Readers comparing exhaust system, hospital and jewellery 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 exhaust system, hospital and jewellery stocks can use the coming numbers to test whether growth is holding.
Why Do Exhaust System, Hospital and Jewellery Stocks Have a Strong Roadmap in India?
Exhaust system, hospital and jewellery stocks have a strong roadmap in India because rising vehicle production, growing demand for quality hospital care and strong festive and wedding buying keep widening the market for these companies.
- Exhaust systems. Every vehicle needs emission control parts.
- Hospitals. Patients seek advanced multi specialty care.
- Jewellery. Weddings and festivals drive buying.
Why Sharda Motor Industries Features Among These Exhaust System, Hospital and Jewellery Stocks
Among the exhaust system, hospital and jewellery stocks on this list, Sharda Motor Industries makes exhaust systems and catalytic converters, with large passenger vehicle makers among its main customers.
The company has a return on equity of 26.3%, a debt to equity ratio of 0.04 and a market capitalisation of Rs 4,995 crore. The stock trades at a P/E of 15.0, below the industry P/E of 36.9.
Revenue rose from Rs 2,285 crore in FY22 to Rs 3,483 crore in FY26, a compound annual growth rate of 11.1%. Net profit grew from Rs 149 crore in FY22 to Rs 345 crore in FY26, which works out to a compound annual growth rate of 23.3%. In the June 2026 quarter, revenue grew 33.2% year on year to Rs 1,038 crore.
Roadmap: Tighter emission norms increase the content per vehicle for exhaust systems and catalysts. The company is adding capacity in line with its customers' production plans and expanding into new product lines, which broadens its revenue base.
What to watch: Follow volume trends at its key customers and precious metal price movements.
Why Apollo Hospitals Enterprise Features Among These Exhaust System, Hospital and Jewellery Stocks
Among the vehicle part, care and ornament shares on this list, Apollo Hospitals Enterprise is India's largest private healthcare group, running a network of hospitals along with a pharmacy chain, diagnostics, primary care clinics and a digital health platform.
Revenue rose from Rs 14,741 crore in FY22 to Rs 25,420 crore in FY26, a compound annual growth rate of 14.6%. Net profit grew from Rs 1,101 crore in FY22 to Rs 2,003 crore in FY26, which works out to a compound annual growth rate of 16.1%.
In the June 2026 quarter, revenue grew 20.6% year on year to Rs 7,092 crore, while net profit rose 38.4% to Rs 610 crore. The company has a return on equity of 20.5%, a debt to equity ratio of 0.90 and a market capitalisation of Rs 110,757 crore. The stock trades at a P/E of 51.0, below the industry P/E of 59.6.
Roadmap: The company is adding hospital beds in proven cities while growing its pharmacy and digital businesses, which broaden its reach beyond inpatient care. A strong brand in complex treatment and a wide patient base support steady occupancy.
What to watch: Track bed additions and occupancy and the growth of the pharmacy and digital health businesses.
Why Titan Company Features Among These Exhaust System, Hospital and Jewellery Stocks
Among the three companies on this list, Titan Company is a Tata Group lifestyle company with leading businesses in jewellery under Tanishq, watches and wearables under Titan, Fastrack and Sonata, eyewear and fragrances.
In the June 2026 quarter, revenue grew 29.3% year on year to Rs 21,502 crore, while net profit rose 62.9% to Rs 1,777 crore. Revenue rose from Rs 29,033 crore in FY22 to Rs 88,136 crore in FY26, a compound annual growth rate of 32.0%.
Net profit grew from Rs 2,198 crore in FY22 to Rs 5,073 crore in FY26, which works out to a compound annual growth rate of 23.3%. The company has a return on equity of 32.3%, a debt to equity ratio of 0.93 and a market capitalisation of Rs 392,401 crore. The stock trades at a P/E of 68.1, above the industry P/E of 46.6.
Roadmap: The company is adding stores across the country, shifting customers from unorganised jewellers to a trusted brand and growing its newer categories. Its large retail network and strong brands support steady growth in each category.
What to watch: Check store additions and the growth of its non-jewellery businesses.
Sharda Motor Industries vs Apollo Hospitals Enterprise vs Titan Company on Key Financials
The table below sets the three exhaust system, hospital and jewellery 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 |
|---|---|---|---|---|---|
| Sharda Motor Industries | 2,285 | 3,483 | 11.1% | 345 | 9.9% |
| Apollo Hospitals Enterprise | 14,741 | 25,420 | 14.6% | 2,003 | 7.9% |
| Titan Company | 29,033 | 88,136 | 32.0% | 5,073 | 5.8% |
Titan Company posts the highest return on equity in this group at 32.3%. Titan Company combines the largest FY26 revenue at Rs 88,136 crore with the fastest revenue growth, a 32.0% compound annual rate. A useful habit with exhaust system, hospital and jewellery stocks is to check each new quarterly result against the capacity plans the company described earlier. Many investors spread money across several silencer maker, tertiary hospital and watch brand 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 |
|---|---|---|---|
| Sharda Motor Industries | 779 | 1,038 | 33.2% |
| Apollo Hospitals Enterprise | 5,882 | 7,092 | 20.6% |
| Titan Company | 16,628 | 21,502 | 29.3% |
Key Risks to Check Before Investing in Exhaust System, Hospital and Jewellery Stocks
Every theme carries risks that deserve a check before any decision. For these exhaust system, hospital and jewellery stocks, the main points are: Long-term vehicle part, care and ornament shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Production cycles. Vehicle output can vary with demand.
- Consumer spending. Sales follow festivals, incomes and consumer mood.
- 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 exhaust system, hospital and jewellery stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Exhaust System, Hospital and Jewellery Stocks
Exhaust system, hospital and jewellery stocks work best when investors track growth, valuation and return on equity side by side. Sharda Motor Industries, Apollo Hospitals Enterprise and Titan Company each have a clear plan to grow. Based on the 9 November 2026 close, Sharda Motor Industries trades at Rs 881.6, Apollo Hospitals Enterprise at Rs 8,430 and Titan Company at Rs 4,990.5. Valuation matters as much as growth, so compare each company's P/E with its industry P/E before adding any of these exhaust system, hospital and jewellery stocks to a watchlist.
Download the Univest iOS App or Univest Android App to track exhaust system, hospital and jewellery 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 exhaust system, hospital and jewellery stocks?
Ans. Exhaust system, hospital and jewellery stocks are listed companies that make exhaust systems and sheet metal parts for vehicles, run multi specialty hospitals and pharmacies, and sell jewellery, watches and eyewear. Their earnings depend on vehicle output, patient volumes and festive and wedding demand. This list looks at three of them, Sharda Motor Industries, Apollo Hospitals Enterprise and Titan Company, using reported FY22 to FY26 financials and the 9 November 2026 closing prices.
Which exhaust system, hospital and jewellery stocks are covered in this list?
Ans. This list covers Sharda Motor Industries, Apollo Hospitals Enterprise and Titan Company. Based on the 9 November 2026 close, Sharda Motor Industries traded at Rs 881.6, Apollo Hospitals Enterprise at Rs 8,430 and Titan Company at Rs 4,990.5. Their return on equity ranges from 20.5% to 32.3%, and their revenue compound annual growth from FY22 to FY26 ranges from 11.1% to 32.0%.
Why do exhaust system, hospital and jewellery stocks have a strong future roadmap in India?
Ans. Exhaust system, hospital and jewellery stocks have a strong roadmap in India because rising vehicle production, growing demand for quality hospital care and strong festive and wedding buying keep widening the market for these companies. The main drivers are as follows. Exhaust systems. Every vehicle needs emission control parts. Hospitals. Patients seek advanced multi specialty care. Jewellery. Weddings and festivals drive buying. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Sharda Motor Industries performed financially?
Ans. Revenue rose from Rs 2,285 crore in FY22 to Rs 3,483 crore in FY26, a compound annual growth rate of 11.1%. Net profit grew from Rs 149 crore in FY22 to Rs 345 crore in FY26, which works out to a compound annual growth rate of 23.3%. In the June 2026 quarter, revenue grew 33.2% year on year to Rs 1,038 crore. The company has a return on equity of 26.3%, a debt to equity ratio of 0.04 and a market capitalisation of Rs 4,995 crore. The stock trades at a P/E of 15.0, below the industry P/E of 36.9. Looking ahead, tighter emission norms increase the content per vehicle for exhaust systems and catalysts. The company is adding capacity in line with its customers' production plans and expanding into new product lines, which broadens its revenue base.
How has Apollo Hospitals Enterprise performed financially?
Ans. Revenue rose from Rs 14,741 crore in FY22 to Rs 25,420 crore in FY26, a compound annual growth rate of 14.6%. Net profit grew from Rs 1,101 crore in FY22 to Rs 2,003 crore in FY26, which works out to a compound annual growth rate of 16.1%. In the June 2026 quarter, revenue grew 20.6% year on year to Rs 7,092 crore, while net profit rose 38.4% to Rs 610 crore. The company has a return on equity of 20.5%, a debt to equity ratio of 0.90 and a market capitalisation of Rs 110,757 crore. The stock trades at a P/E of 51.0, below the industry P/E of 59.6. Looking ahead, the company is adding hospital beds in proven cities while growing its pharmacy and digital businesses, which broaden its reach beyond inpatient care. A strong brand in complex treatment and a wide patient base support steady occupancy.
How has Titan Company performed financially?
Ans. Revenue rose from Rs 29,033 crore in FY22 to Rs 88,136 crore in FY26, a compound annual growth rate of 32.0%. Net profit grew from Rs 2,198 crore in FY22 to Rs 5,073 crore in FY26, which works out to a compound annual growth rate of 23.3%. In the June 2026 quarter, revenue grew 29.3% year on year to Rs 21,502 crore, while net profit rose 62.9% to Rs 1,777 crore. The company has a return on equity of 32.3%, a debt to equity ratio of 0.93 and a market capitalisation of Rs 392,401 crore. The stock trades at a P/E of 68.1, above the industry P/E of 46.6. Looking ahead, the company is adding stores across the country, shifting customers from unorganised jewellers to a trusted brand and growing its newer categories. Its large retail network and strong brands support steady growth in each category.
What risks should investors check before buying exhaust system, hospital and jewellery stocks?
Ans. Investors should check a few risks before buying exhaust system, hospital and jewellery stocks. Production cycles. Vehicle output can vary with demand. Consumer spending. Sales follow festivals, incomes and consumer mood. 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 exhaust system, hospital and jewellery stocks investment advice?
Ans. 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.
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