
3 Jewellery Retail Chain, Smart Meters Maker and Plywood and Laminates Maker Stocks With a Strong Future Roadmap: Kalyan Jewellers India, Genus Power Infrastructures and Century Plyboards (India)
Kalyan Jewellers India, Genus Power Infrastructures and Century Plyboards (India): ROE of 10.1% to 26.7% and FY22 to FY26 revenue CAGR of 15.4% to 59.5%. Prices as of 9 Nov 2026.
Updated: 10 Nov 2026 • 11:37 am
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Quick Answer
The three jewellery, smart meter and plywood stocks to watch are Kalyan Jewellers India, Genus Power Infrastructures and Century Plyboards (India). Their return on equity ranges from 10.1% to 26.7%, and their revenue compound annual growth from FY22 to FY26 ranges from 15.4% to 59.5%. Genus Power Infrastructures leads on both return on equity at 26.7% and revenue growth at 59.5% a year. Prices are based on the 9 November 2026 close, and this article is educational, not investment advice.
Jewellery, smart meter and plywood stocks offer a focused view of a sector where demand keeps widening. Kalyan Jewellers India, Genus Power Infrastructures and Century Plyboards (India) cover a jewellery retail chain, a smart meters maker and a plywood and laminates maker.
This list covers three jewellery, smart meter and plywood stocks with complete current figures: Kalyan Jewellers India, Genus Power Infrastructures and Century Plyboards (India). 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 Jewellery, Smart Meter and Plywood Stocks?
Jewellery, smart meter and plywood stocks are listed companies that run jewellery showrooms across many cities, make smart electricity meters and metering solutions, and manufacture plywood, laminates and decorative panels. Their earnings depend on festive and wedding demand, utility metering orders and housing and furniture demand.
Jewellery, Smart Meter and Plywood Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Kalyan Jewellers India | 592 | 52,898 | 36.9 | 44.3 | 21.4 | 0.97 |
| Genus Power Infrastructures | 283.3 | 8,639 | 13.3 | 44.3 | 26.7 | 1.04 |
| Century Plyboards (India) | 651.95 | 14,715 | 49.3 | 36.3 | 10.1 | 0.68 |
On valuation, Kalyan Jewellers India and Genus Power Infrastructures trade at a P/E below the industry P/E, while Century Plyboards (India) trades above it, which reflects the growth the market already expects. Readers comparing jewellery, smart meter and plywood 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 jewellery, smart meter and plywood stocks can use the coming numbers to test whether growth is holding.
Why Do Jewellery, Smart Meter and Plywood Stocks Have a Strong Roadmap in India?
Jewellery, smart meter and plywood stocks have a strong roadmap in India because strong festive and wedding jewellery buying, a national push for smart metering and growing demand for home interiors keep widening the market for these companies.
- Jewellery. Weddings and festivals drive buying.
- Smart meters. Utilities replace old meters with smart ones.
- Plywood. New homes need furniture and panels.
Why Kalyan Jewellers India Features Among These Jewellery, Smart Meter and Plywood Stocks
Among the jewellery, smart meter and plywood stocks on this list, Kalyan Jewellers India is a large jewellery retailer with showrooms across India and the Middle East, selling gold, diamond and studded jewellery under the Kalyan and Candere brands.
Revenue rose from Rs 10,856 crore in FY22 to Rs 35,951 crore in FY26, a compound annual growth rate of 34.9%. Net profit grew from Rs 224 crore in FY22 to Rs 1,350 crore in FY26, which works out to a compound annual growth rate of 56.7%.
In the June 2026 quarter, revenue grew 45.5% year on year to Rs 10,645 crore, while net profit rose 32.0% to Rs 349 crore. The company has a return on equity of 21.4%, a debt to equity ratio of 0.97 and a market capitalisation of Rs 52,898 crore. The stock trades at a P/E of 36.9, below the industry P/E of 44.3.
Roadmap: The company is opening showrooms in newer cities and growing its online jewellery arm. Strong brand recall and a franchise-led expansion model help it enter new regions at lower capital needs.
What to watch: Track same-store sales, new showroom additions and gold price movements.
Why Genus Power Infrastructures Features Among These Jewellery, Smart Meter and Plywood Stocks
Among the gold ornament, electricity meter and panel shares on this list, Genus Power Infrastructures is a Jaipur-based maker of electricity meters, including smart meters, and also takes on turnkey metering projects for utilities.
In the June 2026 quarter, revenue grew 46.0% year on year to Rs 1,407 crore, while net profit rose 35.6% to Rs 175 crore. Revenue rose from Rs 744 crore in FY22 to Rs 4,821 crore in FY26, a compound annual growth rate of 59.5%.
Net profit grew from Rs 295 crore in FY25 to Rs 565 crore in FY26, a rise of 91.7%. The company has a return on equity of 26.7%, a debt to equity ratio of 1.04 and a market capitalisation of Rs 8,639 crore. The stock trades at a P/E of 13.3, below the industry P/E of 44.3.
Roadmap: The national smart meter rollout is the company's main growth driver, with large orders from state utilities. The company has added capacity and is building manufacturing depth to deliver on its order book.
What to watch: Monitor execution pace on the smart meter order book and the cash collection from utilities.
Why Century Plyboards (India) Features Among These Jewellery, Smart Meter and Plywood Stocks
Among the three companies on this list, Century Plyboards (India) is a leading maker of plywood, laminates, medium density fibreboard, particle board and doors, sold under the CenturyPly and Century Laminates brands.
The company has a return on equity of 10.1%, a debt to equity ratio of 0.68 and a market capitalisation of Rs 14,715 crore. The stock trades at a P/E of 49.3, above the industry P/E of 36.3.
Revenue rose from Rs 3,050 crore in FY22 to Rs 5,407 crore in FY26, a compound annual growth rate of 15.4%. Net profit grew from Rs 186 crore in FY25 to Rs 268 crore in FY26, a rise of 44.2%. In the June 2026 quarter, revenue grew 33.5% year on year to Rs 1,564 crore, while net profit rose 57.4% to Rs 83.3 crore.
Roadmap: Rising housing and furniture demand and a shift from unorganised to branded products support volumes across its wood panel range. Capacity added in laminates and fibreboard widens its reach in premium and mid-priced segments.
What to watch: Monitor volume growth in laminates and fibreboard and the utilisation of new plants.
Kalyan Jewellers India vs Genus Power Infrastructures vs Century Plyboards (India) on Key Financials
The table below sets the three jewellery, smart meter and plywood 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 |
|---|---|---|---|---|---|
| Kalyan Jewellers India | 10,856 | 35,951 | 34.9% | 1,350 | 3.8% |
| Genus Power Infrastructures | 744 | 4,821 | 59.5% | 565 | 11.7% |
| Century Plyboards (India) | 3,050 | 5,407 | 15.4% | 268 | 5.0% |
Genus Power Infrastructures posts the highest return on equity in this group at 26.7%. Kalyan Jewellers India has the largest FY26 revenue at Rs 35,951 crore, and Genus Power Infrastructures shows the fastest revenue growth with a 59.5% compound annual rate. A useful habit with jewellery, smart meter and plywood stocks is to check each new quarterly result against the capacity plans the company described earlier. Many investors spread money across several showroom jeweller, prepaid meter and decorative panel 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 |
|---|---|---|---|
| Kalyan Jewellers India | 7,315 | 10,645 | 45.5% |
| Genus Power Infrastructures | 964 | 1,407 | 46.0% |
| Century Plyboards (India) | 1,171 | 1,564 | 33.5% |
Key Risks to Check Before Investing in Jewellery, Smart Meter and Plywood Stocks
Every theme carries risks that deserve a check before any decision. For these jewellery, smart meter and plywood stocks, the main points are: Long-term gold ornament, electricity meter and panel shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Consumer spending. Sales follow festivals, incomes and consumer mood.
- Order timing. Project awards can shift between periods.
- 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 jewellery, smart meter and plywood stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Jewellery, Smart Meter and Plywood Stocks
Jewellery, smart meter and plywood stocks reward patient research into demand, execution and financial strength. Kalyan Jewellers India, Genus Power Infrastructures and Century Plyboards (India) each have a clear plan to grow. Based on the 9 November 2026 close, Kalyan Jewellers India trades at Rs 592, Genus Power Infrastructures at Rs 283.3 and Century Plyboards (India) at Rs 651.95. Valuation matters as much as growth, so compare each company's P/E with its industry P/E before adding any of these jewellery, smart meter and plywood stocks to a watchlist.
Download the Univest iOS App or Univest Android App to track jewellery, smart meter and plywood 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 jewellery, smart meter and plywood stocks?
Ans. Jewellery, smart meter and plywood stocks are listed companies that run jewellery showrooms across many cities, make smart electricity meters and metering solutions, and manufacture plywood, laminates and decorative panels. Their earnings depend on festive and wedding demand, utility metering orders and housing and furniture demand. This list looks at three of them, Kalyan Jewellers India, Genus Power Infrastructures and Century Plyboards (India), using reported FY22 to FY26 financials and the 9 November 2026 closing prices.
Which jewellery, smart meter and plywood stocks are covered in this list?
Ans. This list covers Kalyan Jewellers India, Genus Power Infrastructures and Century Plyboards (India). Based on the 9 November 2026 close, Kalyan Jewellers India traded at Rs 592, Genus Power Infrastructures at Rs 283.3 and Century Plyboards (India) at Rs 651.95. Their return on equity ranges from 10.1% to 26.7%, and their revenue compound annual growth from FY22 to FY26 ranges from 15.4% to 59.5%.
Why do jewellery, smart meter and plywood stocks have a strong future roadmap in India?
Ans. Jewellery, smart meter and plywood stocks have a strong roadmap in India because strong festive and wedding jewellery buying, a national push for smart metering and growing demand for home interiors keep widening the market for these companies. The main drivers are as follows. Jewellery. Weddings and festivals drive buying. Smart meters. Utilities replace old meters with smart ones. Plywood. New homes need furniture and panels. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Kalyan Jewellers India performed financially?
Ans. Revenue rose from Rs 10,856 crore in FY22 to Rs 35,951 crore in FY26, a compound annual growth rate of 34.9%. Net profit grew from Rs 224 crore in FY22 to Rs 1,350 crore in FY26, which works out to a compound annual growth rate of 56.7%. In the June 2026 quarter, revenue grew 45.5% year on year to Rs 10,645 crore, while net profit rose 32.0% to Rs 349 crore. The company has a return on equity of 21.4%, a debt to equity ratio of 0.97 and a market capitalisation of Rs 52,898 crore. The stock trades at a P/E of 36.9, below the industry P/E of 44.3. Looking ahead, the company is opening showrooms in newer cities and growing its online jewellery arm. Strong brand recall and a franchise-led expansion model help it enter new regions at lower capital needs.
How has Genus Power Infrastructures performed financially?
Ans. Revenue rose from Rs 744 crore in FY22 to Rs 4,821 crore in FY26, a compound annual growth rate of 59.5%. Net profit grew from Rs 295 crore in FY25 to Rs 565 crore in FY26, a rise of 91.7%. In the June 2026 quarter, revenue grew 46.0% year on year to Rs 1,407 crore, while net profit rose 35.6% to Rs 175 crore. The company has a return on equity of 26.7%, a debt to equity ratio of 1.04 and a market capitalisation of Rs 8,639 crore. The stock trades at a P/E of 13.3, below the industry P/E of 44.3. Looking ahead, the national smart meter rollout is the company's main growth driver, with large orders from state utilities. The company has added capacity and is building manufacturing depth to deliver on its order book.
How has Century Plyboards (India) performed financially?
Ans. Revenue rose from Rs 3,050 crore in FY22 to Rs 5,407 crore in FY26, a compound annual growth rate of 15.4%. Net profit grew from Rs 186 crore in FY25 to Rs 268 crore in FY26, a rise of 44.2%. In the June 2026 quarter, revenue grew 33.5% year on year to Rs 1,564 crore, while net profit rose 57.4% to Rs 83.3 crore. The company has a return on equity of 10.1%, a debt to equity ratio of 0.68 and a market capitalisation of Rs 14,715 crore. The stock trades at a P/E of 49.3, above the industry P/E of 36.3. Looking ahead, rising housing and furniture demand and a shift from unorganised to branded products support volumes across its wood panel range. Capacity added in laminates and fibreboard widens its reach in premium and mid-priced segments.
What risks should investors check before buying jewellery, smart meter and plywood stocks?
Ans. Investors should check a few risks before buying jewellery, smart meter and plywood stocks. Consumer spending. Sales follow festivals, incomes and consumer mood. Order timing. Project awards can shift between periods. 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 jewellery, smart meter and plywood 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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