
3 IT and Network Services Company, Flow Control Products Maker and Auto Components Maker Stocks With a Strong Future Roadmap: Tech Mahindra, Jash Engineering and Sandhar Technologies
Tech Mahindra, Jash Engineering and Sandhar Technologies: ROE of 14.7% to 18.6% and FY22 to FY26 revenue CAGR of 5.6% to 20.6%. Prices as of 11 Nov 2026.
Updated: 12 Nov 2026 • 10:48 am
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Quick Answer
The three network IT, flow control and safety stocks to watch are Tech Mahindra, Jash Engineering and Sandhar Technologies. Their return on equity ranges from 14.7% to 18.6%, and their revenue compound annual growth from FY22 to FY26 ranges from 5.6% to 20.6%. Tech Mahindra has the highest return on equity at 18.6%, while Sandhar Technologies has the fastest revenue growth at 20.6% a year. Prices are based on the 11 November 2026 close, and this article is educational, not investment advice.
Network IT, flow control and safety stocks bring together companies with a visible plan for the years ahead. Tech Mahindra, Jash Engineering and Sandhar Technologies cover an IT and network services company, a flow control products maker and an auto components maker.
This list covers three network IT, flow control and safety stocks with complete current figures: Tech Mahindra, Jash Engineering and Sandhar Technologies. Every figure comes from the latest reported financials and the 11 November 2026 market close. Companies without complete current figures were left out.
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What Are Network IT, Flow Control and Safety Stocks?
Network IT, flow control and safety stocks are listed companies that provide IT, network and digital services to telecom and enterprise clients, make flow control valves and water system products, and produce locks, mirrors and safety parts for vehicles. Their earnings depend on client technology budgets, water project orders and vehicle output.
Network IT, Flow Control and Safety Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Tech Mahindra | 1,788.5 | 175,398 | 31.5 | 17.6 | 18.6 | 0.07 |
| Jash Engineering | 550.9 | 3,380 | 39.4 | 44.4 | 14.7 | 0.20 |
| Sandhar Technologies | 503.3 | 3,135 | 15.1 | 36.9 | 14.9 | 0.86 |
On valuation, Jash Engineering and Sandhar Technologies trade at a P/E below the industry P/E, while Tech Mahindra trades above it, which reflects the growth the market already expects. Readers comparing network IT, flow control and safety stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.
Why Do Network IT, Flow Control and Safety Stocks Have a Strong Roadmap in India?
Network IT, flow control and safety stocks have a strong roadmap in India because wider enterprise adoption of digital services, heavy spending on water systems and rising vehicle production keep widening the market for these companies.
- IT services. Clients modernise networks and platforms.
- Flow control. Water systems need dependable valves.
- Auto components. Vehicles need many safety parts.
Why Tech Mahindra Features Among These Network IT, Flow Control and Safety Stocks
Among the network IT, flow control and safety stocks on this list, Tech Mahindra is a Mahindra Group technology services company that provides digital, network and enterprise services to clients in telecom, manufacturing, banking and other industries worldwide.
Revenue rose from Rs 45,758 crore in FY22 to Rs 56,847 crore in FY26, a compound annual growth rate of 5.6%. Net profit grew from Rs 2,397 crore in FY24 to Rs 4,806 crore in FY26, which works out to a compound annual growth rate of 41.6%.
The company has a return on equity of 18.6%, a debt to equity ratio of 0.07 and a market capitalisation of Rs 175,398 crore. The stock trades at a P/E of 31.5, above the industry P/E of 17.6.
Roadmap: The company is investing in artificial intelligence, cloud and 5G related services and deepening ties with large clients. Large deal wins in telecom and enterprise work support its pipeline.
What to watch: Track large deal wins, margin improvement and demand from telecom and enterprise clients.
Why Jash Engineering Features Among These Network IT, Flow Control and Safety Stocks
Among the software firm, valve and vehicle safety shares on this list, Jash Engineering makes flow control products such as sluice gates, valves, penstocks and screens for water and wastewater projects, and serves irrigation, power and industrial customers.
In the June 2026 quarter, revenue grew 17.3% year on year to Rs 156 crore. Revenue rose from Rs 374 crore in FY22 to Rs 757 crore in FY26, a compound annual growth rate of 19.3%.
Net profit grew from Rs 32.2 crore in FY22 to Rs 75.5 crore in FY26, which works out to a compound annual growth rate of 23.8%. The company has a return on equity of 14.7%, a debt to equity ratio of 0.20 and a market capitalisation of Rs 3,380 crore. The stock trades at a P/E of 39.4, below the industry P/E of 44.4.
Roadmap: Spending on water supply, sewage treatment and irrigation projects creates a steady stream of orders for flow control equipment. The company has widened its range through acquisitions and sells to customers in India and overseas.
What to watch: Track order inflow from water projects and the margin trend as new product lines scale.
Why Sandhar Technologies Features Among These Network IT, Flow Control and Safety Stocks
Among the three companies on this list, Sandhar Technologies supplies safety systems, locks, mirrors, wheels, aluminium die castings and sheet metal parts to two-wheeler, commercial vehicle and passenger vehicle makers.
The company has a return on equity of 14.9%, a debt to equity ratio of 0.86 and a market capitalisation of Rs 3,135 crore. The stock trades at a P/E of 15.1, below the industry P/E of 36.9.
Revenue rose from Rs 2,331 crore in FY22 to Rs 4,927 crore in FY26, a compound annual growth rate of 20.6%. Net profit grew from Rs 55.9 crore in FY22 to Rs 199 crore in FY26, which works out to a compound annual growth rate of 37.3%. In the June 2026 quarter, revenue grew 25.6% year on year to Rs 1,394 crore, while net profit rose 33.1% to Rs 37.3 crore.
Roadmap: The company supplies leading vehicle makers and has been growing its content per vehicle through new product lines. It has also expanded in aluminium die casting and in electronics and mechatronics.
What to watch: Watch new product ramp-ups and growth in the electric two-wheeler segment.
Tech Mahindra vs Jash Engineering vs Sandhar Technologies on Key Financials
The table below sets the three network IT, flow control and safety 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 |
|---|---|---|---|---|---|
| Tech Mahindra | 45,758 | 56,847 | 5.6% | 4,806 | 8.5% |
| Jash Engineering | 374 | 757 | 19.3% | 75.5 | 10.0% |
| Sandhar Technologies | 2,331 | 4,927 | 20.6% | 199 | 4.0% |
Tech Mahindra posts the highest return on equity in this group at 18.6%. Tech Mahindra has the largest FY26 revenue at Rs 56,847 crore, and Sandhar Technologies shows the fastest revenue growth with a 20.6% compound annual rate. A useful habit with network IT, flow control and safety stocks is to check each new quarterly result against the capacity plans the company described earlier.
Key Risks to Check Before Investing in Network IT, Flow Control and Safety Stocks
Every theme carries risks that deserve a check before any decision. For these network IT, flow control and safety stocks, the main points are: Long-term software firm, valve and vehicle safety shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Client spending. Technology budgets can vary with global conditions.
- Government spending. Public project funding can shift between periods.
- Production cycles. Vehicle output can vary with demand.
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 network IT, flow control and safety stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Network IT, Flow Control and Safety Stocks
Network IT, flow control and safety stocks suit investors who prefer to study business strength before price moves. Tech Mahindra, Jash Engineering and Sandhar Technologies each have a clear plan to grow. Based on the 11 November 2026 close, Tech Mahindra trades at Rs 1,788.5, Jash Engineering at Rs 550.9 and Sandhar Technologies at Rs 503.3.
Download the Univest iOS App or Univest Android App to track network IT, flow control and safety 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 network IT, flow control and safety stocks?
Ans. Network IT, flow control and safety stocks are listed companies that provide IT, network and digital services to telecom and enterprise clients, make flow control valves and water system products, and produce locks, mirrors and safety parts for vehicles. Their earnings depend on client technology budgets, water project orders and vehicle output. This list looks at three of them, Tech Mahindra, Jash Engineering and Sandhar Technologies, using reported FY22 to FY26 financials and the 11 November 2026 closing prices.
Which network IT, flow control and safety stocks are covered in this list?
Ans. This list covers Tech Mahindra, Jash Engineering and Sandhar Technologies. Based on the 11 November 2026 close, Tech Mahindra traded at Rs 1,788.5, Jash Engineering at Rs 550.9 and Sandhar Technologies at Rs 503.3. Their return on equity ranges from 14.7% to 18.6%, and their revenue compound annual growth from FY22 to FY26 ranges from 5.6% to 20.6%.
Why do network IT, flow control and safety stocks have a strong future roadmap in India?
Ans. Network IT, flow control and safety stocks have a strong roadmap in India because wider enterprise adoption of digital services, heavy spending on water systems and rising vehicle production keep widening the market for these companies. The main drivers are as follows. IT services. Clients modernise networks and platforms. Flow control. Water systems need dependable valves. Auto components. Vehicles need many safety parts. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Tech Mahindra performed financially?
Ans. Revenue rose from Rs 45,758 crore in FY22 to Rs 56,847 crore in FY26, a compound annual growth rate of 5.6%. Net profit grew from Rs 2,397 crore in FY24 to Rs 4,806 crore in FY26, which works out to a compound annual growth rate of 41.6%. The company has a return on equity of 18.6%, a debt to equity ratio of 0.07 and a market capitalisation of Rs 175,398 crore. The stock trades at a P/E of 31.5, above the industry P/E of 17.6. Looking ahead, the company is investing in artificial intelligence, cloud and 5G related services and deepening ties with large clients. Large deal wins in telecom and enterprise work support its pipeline.
How has Jash Engineering performed financially?
Ans. Revenue rose from Rs 374 crore in FY22 to Rs 757 crore in FY26, a compound annual growth rate of 19.3%. Net profit grew from Rs 32.2 crore in FY22 to Rs 75.5 crore in FY26, which works out to a compound annual growth rate of 23.8%. In the June 2026 quarter, revenue grew 17.3% year on year to Rs 156 crore. The company has a return on equity of 14.7%, a debt to equity ratio of 0.20 and a market capitalisation of Rs 3,380 crore. The stock trades at a P/E of 39.4, below the industry P/E of 44.4. Looking ahead, spending on water supply, sewage treatment and irrigation projects creates a steady stream of orders for flow control equipment. The company has widened its range through acquisitions and sells to customers in India and overseas.
How has Sandhar Technologies performed financially?
Ans. Revenue rose from Rs 2,331 crore in FY22 to Rs 4,927 crore in FY26, a compound annual growth rate of 20.6%. Net profit grew from Rs 55.9 crore in FY22 to Rs 199 crore in FY26, which works out to a compound annual growth rate of 37.3%. In the June 2026 quarter, revenue grew 25.6% year on year to Rs 1,394 crore, while net profit rose 33.1% to Rs 37.3 crore. The company has a return on equity of 14.9%, a debt to equity ratio of 0.86 and a market capitalisation of Rs 3,135 crore. The stock trades at a P/E of 15.1, below the industry P/E of 36.9. Looking ahead, the company supplies leading vehicle makers and has been growing its content per vehicle through new product lines. It has also expanded in aluminium die casting and in electronics and mechatronics.
What risks should investors check before buying network IT, flow control and safety stocks?
Ans. Investors should check a few risks before buying network IT, flow control and safety stocks. Client spending. Technology budgets can vary with global conditions. Government spending. Public project funding can shift between periods. Production cycles. Vehicle output can vary with demand. 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 network IT, flow control and safety stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 11 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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