
3 Precision Engineering Company, Enterprise Software Company and Fashion Retail Chain Stocks With a Strong Future Roadmap: MTAR Technologies, Newgen Software Technologies and Trent
MTAR Technologies, Newgen Software Technologies and Trent: ROE of 11.4% to 24.6% and FY22 to FY26 revenue CAGR of 19.4% to 44.2%. Prices as of 11 Nov 2026.
Updated: 12 Nov 2026 • 10:47 am
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Quick Answer
The three precision parts, software and retail stocks to watch are MTAR Technologies, Newgen Software Technologies and Trent. Their return on equity ranges from 11.4% to 24.6%, and their revenue compound annual growth from FY22 to FY26 ranges from 19.4% to 44.2%. Trent leads on both return on equity at 24.6% and revenue growth at 44.2% a year. Prices are based on the 11 November 2026 close, and this article is educational, not investment advice.
Precision parts, software and retail stocks let investors follow companies that serve a growing part of the Indian economy. MTAR Technologies, Newgen Software Technologies and Trent cover a precision engineering company, an enterprise software company and a fashion retail chain.
This list covers three precision parts, software and retail stocks with complete current figures: MTAR Technologies, Newgen Software Technologies and Trent. 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 Precision Parts, Software and Retail Stocks?
Precision parts, software and retail stocks are listed companies that make precision components for clean energy, space and defence, sell content and workflow software to banks and governments, and run fashion and lifestyle retail stores. Their earnings depend on programme orders, software contracts and consumer spending.
Precision Parts, Software and Retail Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| MTAR Technologies | 5,775.5 | 22,064 | 165.4 | 48.1 | 11.4 | 0.46 |
| Newgen Software Technologies | 440.45 | 6,835 | 21.8 | 17.5 | 18.7 | 0.02 |
| Trent | 3,222.7 | 153,891 | 84.8 | 63.4 | 24.6 | 0.37 |
On valuation, all three trade at a P/E above their industry P/E, which reflects the growth the market already expects from them. Readers comparing precision parts, software and retail stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.
Why Do Precision Parts, Software and Retail Stocks Have a Strong Roadmap in India?
Precision parts, software and retail stocks have a strong roadmap in India because growing clean energy and space programmes, wider digitisation of paper work and rising spending on fashion keep widening the market for these companies.
- Precision parts. Clean energy and space need exact components.
- Enterprise software. Large firms automate document workflows.
- Fashion retail. Shoppers choose trusted fashion brands.
Why MTAR Technologies Features Among These Precision Parts, Software and Retail Stocks
Among the precision parts, software and retail stocks on this list, MTAR Technologies is a Hyderabad-based maker of precision engineered components and assemblies for clean energy, nuclear, space and defence customers.
Revenue rose from Rs 331 crore in FY22 to Rs 899 crore in FY26, a compound annual growth rate of 28.4%. Net profit grew from Rs 60.9 crore in FY22 to Rs 94.0 crore in FY26, which works out to a compound annual growth rate of 11.5%.
The company has a return on equity of 11.4%, a debt to equity ratio of 0.46 and a market capitalisation of Rs 22,064 crore. The stock trades at a P/E of 165.4, above the industry P/E of 48.1.
Roadmap: The company supplies critical parts for fuel cell systems, space launch vehicles and nuclear power programmes, areas where qualification takes years and customer relationships are long-lasting. Added capacity and a growing order book support future revenue.
What to watch: Check order book execution in clean energy and the ramp-up of newly added capacity.
Why Newgen Software Technologies Features Among These Precision Parts, Software and Retail Stocks
Among the clean energy component, document tech and apparel store shares on this list, Newgen Software Technologies, based in Delhi, offers low-code platforms for content management, process automation and customer engagement to banks, insurers and governments.
The company has a return on equity of 18.7%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 6,835 crore. The stock trades at a P/E of 21.8, above the industry P/E of 17.5.
Revenue rose from Rs 809 crore in FY22 to Rs 1,641 crore in FY26, a compound annual growth rate of 19.4%. Net profit grew from Rs 164 crore in FY22 to Rs 301 crore in FY26, which works out to a compound annual growth rate of 16.3%. In the June 2026 quarter, revenue grew 12.3% year on year to Rs 393 crore, while net profit rose 26.3% to Rs 62.8 crore.
Roadmap: Digital transformation at banks and public sector organisations, plus new artificial intelligence features on its platform, widen its addressable market. A growing share of recurring licence and cloud revenue improves predictability.
What to watch: Monitor deal wins in the banking sector and the growth of recurring revenue.
Why Trent Features Among These Precision Parts, Software and Retail Stocks
Among the three companies on this list, Trent is a Tata Group retailer that runs fashion and lifestyle stores under Westside and Zudio and a food and grocery business under Star.
Revenue rose from Rs 4,673 crore in FY22 to Rs 20,189 crore in FY26, a compound annual growth rate of 44.2%. Net profit grew from Rs 394 crore in FY23 to Rs 1,721 crore in FY26, which works out to a compound annual growth rate of 63.5%.
In the June 2026 quarter, revenue grew 17.5% year on year to Rs 5,785 crore, while net profit rose 22.0% to Rs 518 crore. The company has a return on equity of 24.6%, a debt to equity ratio of 0.37 and a market capitalisation of Rs 153,891 crore. The stock trades at a P/E of 84.8, above the industry P/E of 63.4.
Roadmap: The company keeps adding stores in new cities and towns, and its value fashion format reaches a wide customer base. Own-brand products and a tight supply chain support the growth of each format.
What to watch: Check store additions and sales per square foot across its formats.
MTAR Technologies vs Newgen Software Technologies vs Trent on Key Financials
The table below sets the three precision parts, software and retail 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 |
|---|---|---|---|---|---|
| MTAR Technologies | 331 | 899 | 28.4% | 94.0 | 10.5% |
| Newgen Software Technologies | 809 | 1,641 | 19.4% | 301 | 18.3% |
| Trent | 4,673 | 20,189 | 44.2% | 1,721 | 8.5% |
Trent posts the highest return on equity in this group at 24.6%. Trent combines the largest FY26 revenue at Rs 20,189 crore with the fastest revenue growth, a 44.2% compound annual rate. A useful habit with precision parts, software and retail stocks is to check each new quarterly result against the capacity plans the company described earlier.
Key Risks to Check Before Investing in Precision Parts, Software and Retail Stocks
Every theme carries risks that deserve a check before any decision. For these precision parts, software and retail stocks, the main points are: Long-term clean energy component, document tech and apparel store shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Order timing. Project awards can shift between periods.
- Client spending. Technology budgets can vary with global conditions.
- Footfall and spending. Store sales follow consumer mood and seasons.
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 precision parts, software and retail stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Precision Parts, Software and Retail Stocks
Precision parts, software and retail stocks reward investors who follow demand trends, order books and margins together. MTAR Technologies, Newgen Software Technologies and Trent each have a clear plan to grow. Based on the 11 November 2026 close, MTAR Technologies trades at Rs 5,775.5, Newgen Software Technologies at Rs 440.45 and Trent at Rs 3,222.7.
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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 precision parts, software and retail stocks?
Ans. Precision parts, software and retail stocks are listed companies that make precision components for clean energy, space and defence, sell content and workflow software to banks and governments, and run fashion and lifestyle retail stores. Their earnings depend on programme orders, software contracts and consumer spending. This list looks at three of them, MTAR Technologies, Newgen Software Technologies and Trent, using reported FY22 to FY26 financials and the 11 November 2026 closing prices.
Which precision parts, software and retail stocks are covered in this list?
Ans. This list covers MTAR Technologies, Newgen Software Technologies and Trent. Based on the 11 November 2026 close, MTAR Technologies traded at Rs 5,775.5, Newgen Software Technologies at Rs 440.45 and Trent at Rs 3,222.7. Their return on equity ranges from 11.4% to 24.6%, and their revenue compound annual growth from FY22 to FY26 ranges from 19.4% to 44.2%.
Why do precision parts, software and retail stocks have a strong future roadmap in India?
Ans. Precision parts, software and retail stocks have a strong roadmap in India because growing clean energy and space programmes, wider digitisation of paper work and rising spending on fashion keep widening the market for these companies. The main drivers are as follows. Precision parts. Clean energy and space need exact components. Enterprise software. Large firms automate document workflows. Fashion retail. Shoppers choose trusted fashion brands. Together these factors give the companies on this list a visible path for growth over the coming years.
How has MTAR Technologies performed financially?
Ans. Revenue rose from Rs 331 crore in FY22 to Rs 899 crore in FY26, a compound annual growth rate of 28.4%. Net profit grew from Rs 60.9 crore in FY22 to Rs 94.0 crore in FY26, which works out to a compound annual growth rate of 11.5%. The company has a return on equity of 11.4%, a debt to equity ratio of 0.46 and a market capitalisation of Rs 22,064 crore. The stock trades at a P/E of 165.4, above the industry P/E of 48.1. Looking ahead, the company supplies critical parts for fuel cell systems, space launch vehicles and nuclear power programmes, areas where qualification takes years and customer relationships are long-lasting. Added capacity and a growing order book support future revenue.
How has Newgen Software Technologies performed financially?
Ans. Revenue rose from Rs 809 crore in FY22 to Rs 1,641 crore in FY26, a compound annual growth rate of 19.4%. Net profit grew from Rs 164 crore in FY22 to Rs 301 crore in FY26, which works out to a compound annual growth rate of 16.3%. In the June 2026 quarter, revenue grew 12.3% year on year to Rs 393 crore, while net profit rose 26.3% to Rs 62.8 crore. The company has a return on equity of 18.7%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 6,835 crore. The stock trades at a P/E of 21.8, above the industry P/E of 17.5. Looking ahead, digital transformation at banks and public sector organisations, plus new artificial intelligence features on its platform, widen its addressable market. A growing share of recurring licence and cloud revenue improves predictability.
How has Trent performed financially?
Ans. Revenue rose from Rs 4,673 crore in FY22 to Rs 20,189 crore in FY26, a compound annual growth rate of 44.2%. Net profit grew from Rs 394 crore in FY23 to Rs 1,721 crore in FY26, which works out to a compound annual growth rate of 63.5%. In the June 2026 quarter, revenue grew 17.5% year on year to Rs 5,785 crore, while net profit rose 22.0% to Rs 518 crore. The company has a return on equity of 24.6%, a debt to equity ratio of 0.37 and a market capitalisation of Rs 153,891 crore. The stock trades at a P/E of 84.8, above the industry P/E of 63.4. Looking ahead, the company keeps adding stores in new cities and towns, and its value fashion format reaches a wide customer base. Own-brand products and a tight supply chain support the growth of each format.
What risks should investors check before buying precision parts, software and retail stocks?
Ans. Investors should check a few risks before buying precision parts, software and retail stocks. Order timing. Project awards can shift between periods. Client spending. Technology budgets can vary with global conditions. Footfall and spending. Store sales follow consumer mood and seasons. 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 precision parts, software and retail 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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