
3 Measuring Instrument, Power Financier and Industrial Pump Stocks With a Strong Future Roadmap: Rishabh Instruments, REC Limited and WPIL
Rishabh Instruments Rs 695.95, P/E 30.45. REC Rs 311.80, P/E 4.82. WPIL Rs 425.20, P/E 17.69. Closing prices of 14 Oct 2026.
Updated: 15 Oct 2026 • 11:53 am
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Measuring instrument, power financier and industrial pump stocks with the clearest long-term roadmaps today include Rishabh Instruments in electrical measuring instruments, power-quality products and solar inverters sold in India and overseas, REC in financing for power and infrastructure projects across generation, transmission and distribution and WPIL in industrial pumps and water-management projects for utilities and process industries. FY26 revenue growth was 8.3% at Rishabh Instruments, 5.7% at REC and 3.3% at WPIL. P/E stands at 30.45 for Rishabh Instruments (industry 47.09), 4.82 for REC (industry 17.72) and 17.69 for WPIL (industry 23.12). 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.
Measuring instrument, power financier and industrial pump stocks give investors exposure to instruments, project funding and pumps for power and water networks. Order flow, loan growth and execution decide how much of that demand turns into profit.
This list covers three measuring instrument, power financier and industrial pump stocks: Rishabh Instruments for electrical measuring instruments, power-quality products and solar inverters sold in India and overseas, REC Limited for financing for power and infrastructure projects across generation, transmission and distribution and WPIL for industrial pumps and water-management projects for utilities and process industries. 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 Measuring Instrument, Power Financier and Industrial Pump Stocks?
Measuring instrument, power financier and industrial pump stocks are shares of companies that make power equipment, run grids or fund projects. Results depend on order flow, network additions and execution, so execution and margins separate the stronger names.
Measuring Instrument, Power Financier and Industrial Pump Stocks at a Glance
The table compares size, valuation, return on equity and debt for the three measuring instrument, power financier and industrial pump stocks as of the 14 Oct 2026 close.
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE | Debt to Equity |
|---|---|---|---|---|---|---|
| Rishabh Instruments | 695.95 | 2,497 | 30.45 | 47.09 | 10.94% | 0.11 |
| REC Limited | 311.80 | 77,364 | 4.82 | 17.72 | 19.17% | 6.05 |
| WPIL | 425.20 | 4,118 | 17.69 | 23.12 | 9.94% | 0.32 |
Among power and engineering stocks, all three trade at a discount to their industry P/E multiples.
Why Do Measuring Instrument, Power Financier and Industrial Pump Stocks Have a Strong Roadmap in India?
Measuring instrument, power financier and industrial pump stocks have a strong roadmap in India because grid expansion, renewable capacity and water projects keep adding orders and loans for these firms. Three drivers stand out.
- Grid expansion: Utilities spend on meters, instruments and transmission.
- Project funding: Power projects need long-tenure loans.
- Water projects: Utilities and industries invest in pumping systems.
Rishabh Instruments: Measurement and Power Conditioning Products Build the Next Leg
Rishabh Instruments' roadmap rests on electrical measuring instruments, power-quality products and solar inverters sold in India and overseas, with smart-grid, renewable and industrial-testing demand supporting volumes.
Revenue grew from Rs 479.92 crore in FY22 to Rs 795.84 crore in FY26, a 65.8% rise, and FY26 revenue was 8.3% higher than FY25. FY26 net profit was Rs 82.26 crore. In Q1 FY27, revenue grew 3.8% to Rs 201.92 crore. Operating margin was 19.04% in FY26 and 18.64% in Q1 FY27 against 17.15% a year earlier.
Debt to equity is 0.11 and return on equity is 10.94%. FY26 operating cash flow was Rs 108.48 crore against capital expenditure of Rs 110.39 crore. Rishabh Instruments paid a dividend of Rs 2 per share for FY26, a yield of 0.31%. At a P/E of 30.45 against an industry P/E of 47.09, the stock trades below its industry multiple.
What to watch: Q1 FY27 operating margin was 18.64% against 19.04% for FY26, so margin stability is the figure to follow as volumes grow.
REC Limited: Power Sector Financing Anchors the Roadmap
REC's roadmap rests on financing for power and infrastructure projects across generation, transmission and distribution, with the build-out of the power grid supporting loan demand.
Revenue grew from Rs 39,339.20 crore in FY22 to Rs 59,628.35 crore in FY26, a 51.6% rise, and FY26 revenue was 5.7% higher than FY25. FY26 net profit rose 2.7% to Rs 16,308.17 crore. Over four years, net profit rose from Rs 10,035.70 crore in FY22 to Rs 16,308.17 crore.
Debt to equity is 6.05 and return on equity is 19.17%. At a P/E of 4.82 against an industry P/E of 17.72, the stock trades below its industry multiple.
What to watch: The P/E of 4.82 against an industry P/E of 17.72 leaves valuation less stretched, so the next quarters' growth is the figure to follow.
WPIL: Industrial Pumps and Water Projects Build the Next Leg
WPIL's roadmap rests on industrial pumps and water-management projects for utilities and process industries, with water infrastructure spending in India and overseas markets supporting orders.
Revenue grew from Rs 1,189.87 crore in FY22 to Rs 1,904.40 crore in FY26, a 60.1% rise, and FY26 revenue was 3.3% higher than FY25. FY26 net profit rose 58.2% to Rs 199.70 crore. Over four years, net profit rose from Rs 118.01 crore in FY22 to Rs 199.70 crore. In Q1 FY27, revenue grew 32.3% to Rs 512.45 crore. Operating margin was 20.30% in FY26 and 19.66% in Q1 FY27 against 16.16% a year earlier.
Debt to equity is 0.32 and return on equity is 9.94%. WPIL paid a dividend of Rs 2 per share for FY26, a yield of 0.47%. At a P/E of 17.69 against an industry P/E of 23.12, the stock trades below its industry multiple.
What to watch: Q1 FY27 operating margin was 19.66% against 20.30% for FY26, so margin stability is the figure to follow as volumes grow.
Best Measuring Instrument, Power Financier and Industrial Pump Stocks in India: Rishabh Instruments vs REC vs WPIL on Key Financials
Among the best measuring instrument, power financier and industrial pump stocks in India, Rishabh Instruments leads on FY26 revenue growth and the lowest debt to equity; REC leads on return on equity and the lowest P/E; WPIL ranks second on the lowest P/E and the lowest debt to equity. The table puts the numbers side by side.
| Metric | Rishabh Instruments | REC | WPIL |
|---|---|---|---|
| FY26 revenue (Rs Cr) | 795.84 | 59,628.35 | 1,904.40 |
| FY26 revenue growth | 8.3% | 5.7% | 3.3% |
| FY26 net profit (Rs Cr) | 82.26 | 16,308.17 | 199.70 |
| Return on equity | 10.94% | 19.17% | 9.94% |
| P/E ratio | 30.45 | 4.82 | 17.69 |
| Debt to equity | 0.11 | 6.05 | 0.32 |
Power and engineering earnings follow order flow, network additions and execution, so full-year numbers and quarterly trends together give a better view.
How to Evaluate Measuring Instrument, Power Financier and Industrial Pump Stocks to Buy Before You Invest
A short checklist keeps the research consistent when you screen measuring instrument, power financier and industrial pump stocks and shortlist measuring instrument, power financier and industrial pump 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 loan growth against funding costs to see how growth is financed.
- Watch debt to equity and interest cover before sizing a position.
- Spread exposure across companies and business lines instead of one demand cycle.
Risks to Consider Before Investing in Measuring Instrument, Power Financier and Industrial Pump 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 Rishabh Instruments, REC and WPIL 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.
Final Take: Which Stock Has the Strongest Roadmap?
These three power and engineering stocks cover instruments, power lending and pumps. Rishabh Instruments leads on FY26 revenue growth and the lowest debt to equity; REC leads on return on equity and the lowest P/E; WPIL ranks second on the lowest P/E and the lowest debt to equity.
Across measuring instrument, power financier and industrial pump 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 measuring instrument, power financier and industrial pump 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 Measuring Instrument, Power Financier and Industrial Pump Stocks
Which are the best measuring instrument, power financier and industrial pump stocks in India with a strong roadmap?
Ans. Rishabh Instruments, REC Limited and WPIL stand out for their roadmaps in instruments, power lending and pumps. FY26 revenue growth was 8.3% at Rishabh Instruments, 5.7% at REC and 3.3% at WPIL, and return on equity ranges from 9.94% to 19.17%.
Is Rishabh Instruments a good stock to buy now?
Ans. Rishabh Instruments has a debt to equity ratio of 0.11, a return on equity of 10.94% and a P/E of 30.45 against an industry P/E of 47.09. 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 Rishabh Instruments, REC and WPIL?
Ans. The P/E ratio is 30.45 for Rishabh Instruments (industry 47.09), 4.82 for REC (industry 17.72) and 17.69 for WPIL (industry 23.12). All of them trade below the industry multiple.
Which of these measuring instrument, power financier and industrial pump stocks has the highest return on equity?
Ans. REC Limited has the highest return on equity at 19.17%, followed by Rishabh Instruments at 10.94% and WPIL at 9.94%.
What are the risks of investing in measuring instrument, power financier and industrial pump stocks?
Ans. The main risks are order timing, government spending and quarterly trends. Delays in customer projects can shift revenue between quarters.
How did Rishabh Instruments, REC and WPIL perform in Q1 FY27?
Ans. Rishabh Instruments reported revenue of Rs 201.92 crore, up 3.8% year on year. REC Limited reported . WPIL reported revenue of Rs 512.45 crore, up 32.3% year on year.
Do measuring instrument, power financier and industrial pump stocks pay dividends?
Ans. Rishabh Instruments and WPIL pay dividends. The dividend yield is 0.31% for Rishabh Instruments and 0.47% for WPIL, based on dividends declared for FY26.
How can I invest in measuring instrument, power financier and industrial pump stocks in India?
Ans. You can buy measuring instrument, power financier and industrial pump 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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