
3 LNG Terminal, Thermal Power and Shipyard Stocks With a Strong Future Roadmap: Petronet LNG, Adani Power and Cochin Shipyard
Petronet LNG Rs 292.95, P/E 10.31. Adani Power Rs 195.15, P/E 24.93. Cochin Shipyard Rs 1,253.00, P/E 46.50. Closing prices of 14 Oct 2026.
Updated: 16 Oct 2026 • 9:37 am
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Quick Answer
LNG terminal, thermal power and shipyard stocks with the clearest long-term roadmaps today include Petronet LNG in LNG import and regasification terminals at Dahej and Kochi, Adani Power in thermal power generation from large plants supplying power across India and Cochin Shipyard in shipbuilding and ship repair for the navy, commercial owners and green vessels. P/E stands at 10.31 for Petronet LNG (industry 14.54), 24.93 for Adani Power (industry 22.17) and 46.50 for Cochin Shipyard (industry 48.37). Demand cycles, input costs and valuation decide how much of that growth the market keeps paying for, so each company's risks need equal attention.
LNG terminal, thermal power and shipyard stocks give investors exposure to gas imports, electricity supply and ships for the energy and defence sectors. Capacity use, power demand and execution decide how much of that demand turns into profit.
This list covers three LNG terminal, thermal power and shipyard stocks: Petronet LNG for LNG import and regasification terminals at Dahej and Kochi, Adani Power for thermal power generation from large plants supplying power across India and Cochin Shipyard for shipbuilding and ship repair for the navy, commercial owners and green vessels. Every figure comes from the latest reported financials and the 14 October 2026 market close. Companies without complete current figures were left out.
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What Are Lng Terminal, Thermal Power and Shipyard Stocks?
LNG terminal, thermal power and shipyard stocks are shares of companies that supply gas, fund power projects or build equipment. Results depend on order flow, gas volumes and execution, so execution and margins separate the stronger names.
Lng Terminal, Thermal Power and Shipyard Stocks at a Glance
The table compares size, valuation, return on equity and debt for the three LNG terminal, thermal power and shipyard stocks as of the 14 Oct 2026 close.
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE | Debt to Equity |
|---|---|---|---|---|---|---|
| Petronet LNG | 292.95 | 43,365 | 10.31 | 14.54 | 17.56% | 0.11 |
| Adani Power | 195.15 | 362,552 | 24.93 | 22.17 | 19.76% | 0.84 |
| Cochin Shipyard | 1,253.00 | 31,622 | 46.50 | 48.37 | 12.20% | 0.28 |
Among energy and engineering stocks, Adani Power trades at a premium to the industry P/E, while Petronet LNG and Cochin Shipyard trade at a discount.
Why Do Lng Terminal, Thermal Power and Shipyard Stocks Have a Strong Roadmap in India?
LNG terminal, thermal power and shipyard stocks have a strong roadmap in India because rising gas use, higher electricity demand and new vessel orders keep adding business for these firms. Three drivers stand out.
- Gas imports: Industry and power plants use more imported LNG.
- Power demand: Homes and factories draw more electricity.
- Ship orders: Navy and commercial owners place new vessel orders.
Petronet LNG: LNG Terminals Anchor the Roadmap
Petronet LNG's roadmap rests on LNG import and regasification terminals at Dahej and Kochi, with rising gas use supporting terminal throughput.
Revenue grew from Rs 43,466.30 crore in FY22 to Rs 44,358.98 crore in FY26, a 2.1% rise. FY26 net profit was Rs 3,809.41 crore. In Q1 FY27, net profit rose 34.4% to Rs 1,108.27 crore. Operating margin was 14.25% in FY26.
Debt to equity is 0.11 and return on equity is 17.56%. FY26 operating cash flow was Rs 4,750.04 crore against capital expenditure of Rs 2,519.10 crore. Petronet LNG paid a dividend of Rs 10 per share for FY26, a yield of 3.46%. At a P/E of 10.31 against an industry P/E of 14.54, the stock trades below its industry multiple.
What to watch: The P/E of 10.31 against an industry P/E of 14.54 leaves valuation less stretched, so the next quarters' growth is the figure to follow.
Adani Power: Thermal Power Capacity Anchors the Roadmap
Adani Power's roadmap rests on thermal power generation from large plants supplying power across India, with long-term power purchase agreements supporting revenue.
Revenue grew from Rs 31,686.47 crore in FY22 to Rs 57,865.28 crore in FY26, an 82.6% rise. FY26 net profit rose 1.7% to Rs 12,971.08 crore. Over four years, net profit rose from Rs 4,911.58 crore in FY22 to Rs 12,971.08 crore. In Q1 FY27, revenue grew 32.6% to Rs 19,322.30 crore, and net profit rose 47.2% to Rs 4,866.60 crore. Operating margin was 43.20% in FY26 and 44.90% in Q1 FY27 against 43.59% a year earlier.
Debt to equity is 0.84 and return on equity is 19.76%. FY26 operating cash flow was Rs 20,513.65 crore against capital expenditure of Rs 23,350.09 crore. At a P/E of 24.93 against an industry P/E of 22.17, the stock trades above its industry multiple.
What to watch: Q1 FY27 operating margin was 44.90% against 43.20% for FY26, so margin stability is the figure to follow as volumes grow.
Cochin Shipyard: Shipbuilding and Ship Repair Anchor the Roadmap
Cochin Shipyard's roadmap rests on shipbuilding and ship repair for the navy, commercial owners and green vessels, with a large order book and a planned ship-repair expansion supporting visibility.
Revenue grew from Rs 3,453.76 crore in FY22 to Rs 5,431.69 crore in FY26, a 57.3% rise, and FY26 revenue was 4.3% higher than FY25. FY26 net profit was Rs 716.74 crore. In Q1 FY27, revenue grew 3.4% to Rs 1,161.25 crore. Operating margin was 24.69% in FY26.
Debt to equity is 0.28 and return on equity is 12.20%. Cochin Shipyard paid a dividend of Rs 9 per share for FY26, a yield of 0.75%. At a P/E of 46.50 against an industry P/E of 48.37, the stock trades below its industry multiple.
What to watch: The P/E of 46.50 against an industry P/E of 48.37 leaves valuation less stretched, so the next quarters' growth is the figure to follow.
Best Lng Terminal, Thermal Power and Shipyard Stocks in India: Petronet LNG vs Adani Power vs Cochin Shipyard on Key Financials
Among the best LNG terminal, thermal power and shipyard stocks in India, Petronet LNG leads on the lowest P/E and the lowest debt to equity; Adani Power leads on FY26 operating margin and return on equity; Cochin Shipyard ranks second on FY26 operating margin and the lowest debt to equity. The table puts the numbers side by side.
| Metric | Petronet LNG | Adani Power | Cochin Shipyard |
|---|---|---|---|
| FY26 revenue (Rs Cr) | 44,358.98 | 57,865.28 | 5,431.69 |
| FY26 net profit (Rs Cr) | 3,809.41 | 12,971.08 | 716.74 |
| FY26 operating profit margin | 14.25% | 43.20% | 24.69% |
| Return on equity | 17.56% | 19.76% | 12.20% |
| P/E ratio | 10.31 | 24.93 | 46.50 |
| Debt to equity | 0.11 | 0.84 | 0.28 |
| Dividend yield | 3.46% | 0.00% | 0.75% |
Energy and engineering earnings follow order flow, gas volumes and execution, so full-year numbers and quarterly trends together give a better view.
How to Evaluate Lng Terminal, Thermal Power and Shipyard Stocks to Buy Before You Invest
A short checklist keeps the research consistent when you screen LNG terminal, thermal power and shipyard stocks and shortlist LNG terminal, thermal power and shipyard stocks to buy.
- Compare each stock's P/E with its industry P/E, which differs by company here.
- Check operating margin, debt and cash flow together.
- Check whether revenue growth is turning into profit growth, not only sales.
- Read operating cash flow against capital expenditure to see how growth is funded.
- Watch debt to equity and interest cover before sizing a position.
- Spread exposure across companies and business lines instead of one demand cycle.
Check the Univest Screener for live data on these LNG terminal, thermal power and shipyard stocks
Risks to Consider Before Investing in Lng Terminal, Thermal Power and Shipyard Stocks
- Order timing: Delays in customer projects can shift revenue between quarters.
- Government spending: Changes in public budgets can affect orders.
- Quarterly trends: A single weak quarter can change near-term earnings, so track results every quarter.
Download the Univest iOS App or Univest Android App to track Petronet LNG, Adani Power and Cochin Shipyard live.
Annual reports and quarterly result presentations are the most reliable places to verify the numbers quoted here, because they show segment details, management commentary and the notes behind each figure.
Comparing a quarter with the same quarter of the previous year gives a cleaner reading than comparing it with the preceding quarter, since seasonal patterns affect many businesses in India.
The shareholding pattern published every quarter shows whether promoters, mutual funds and foreign investors are raising or trimming their holdings, which adds useful context to the financial numbers.
Final Take: Which Stock Has the Strongest Roadmap?
These three energy and engineering stocks cover LNG terminals, thermal power and shipbuilding. Petronet LNG leads on the lowest P/E and the lowest debt to equity; Adani Power leads on FY26 operating margin and return on equity; Cochin Shipyard ranks second on FY26 operating margin and the lowest debt to equity.
Across LNG terminal, thermal power and shipyard stocks, each roadmap still has to turn growth into steady profit, so independent research and position sizing matter. Investors should consult a SEBI-registered advisor before acting on any of the LNG terminal, thermal power and shipyard stocks to buy discussed here.
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).
FAQs on Lng Terminal, Thermal Power and Shipyard Stocks
Which are the best LNG terminal, thermal power and shipyard stocks in India with a strong roadmap?
Ans. Petronet LNG, Adani Power and Cochin Shipyard stand out for their roadmaps in LNG terminals, thermal power and shipbuilding. Return on equity ranges from 12.20% to 19.76%.
Is Petronet LNG a good stock to buy now?
Ans. Petronet LNG has a debt to equity ratio of 0.11, a return on equity of 17.56% and a P/E of 10.31 against an industry P/E of 14.54. Valuation, order flow and execution move results. This article is not investment advice, so consult a SEBI-registered advisor before deciding.
What is the P/E ratio of Petronet LNG, Adani Power and Cochin Shipyard?
Ans. The P/E ratio is 10.31 for Petronet LNG (industry 14.54), 24.93 for Adani Power (industry 22.17) and 46.50 for Cochin Shipyard (industry 48.37). Only Adani Power trades at or above the industry multiple.
Which of these LNG terminal, thermal power and shipyard stocks has the highest return on equity?
Ans. Adani Power has the highest return on equity at 19.76%, followed by Petronet LNG at 17.56% and Cochin Shipyard at 12.20%.
What are the risks of investing in LNG terminal, thermal power and shipyard stocks?
Ans. The main risks are order timing, government spending and quarterly trends. Delays in customer projects can shift revenue between quarters.
How did Petronet LNG, Adani Power and Cochin Shipyard perform in Q1 FY27?
Ans. Petronet LNG reported net profit rose 34.4% to Rs 1,108.27 crore. Adani Power reported revenue of Rs 19,322.30 crore, up 32.6% year on year, and net profit rose 47.2% to Rs 4,866.60 crore. Cochin Shipyard reported revenue of Rs 1,161.25 crore, up 3.4% year on year.
Do LNG terminal, thermal power and shipyard stocks pay dividends?
Ans. Petronet LNG and Cochin Shipyard pay dividends. The dividend yield is 3.46% for Petronet LNG and 0.75% for Cochin Shipyard, based on dividends declared for FY26.
How can I invest in LNG terminal, thermal power and shipyard stocks in India?
Ans. You can buy LNG terminal, thermal power and shipyard stocks through a demat and trading account on NSE or BSE after checking each company's financials, margins and valuation. The Univest Screener lets you compare fundamentals before placing an order. Investments in securities are subject to market risk, so consider your risk profile first.
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