3 Shopping Mall Developer, Cement Maker and Plastic Products Maker Stocks With a Strong Future Roadmap: Phoenix Mills, Star Cement and Supreme Industries

Mall, cement and plastic pipe stocks offer a focused view of a sector where demand keeps widening. Phoenix Mills, Star Cement and Supreme Industries cover a shopping mall developer, a cement maker and a plastic products maker.

This list covers three mall, cement and plastic pipe stocks with complete current figures: Phoenix Mills, Star Cement and Supreme Industries. Every figure comes from the latest reported financials and the 29 October 2026 market close. Companies without complete current figures were left out.

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What Are Mall, Cement and Plastic Pipe Stocks?

Mall, cement and plastic pipe stocks are listed companies that own and run large malls, produce cement for homes and roads and make pipes, fittings and moulded plastic products. Their earnings depend on footfall, construction activity and input costs.

Mall, Cement and Plastic Pipe Stocks at a Glance

On valuation, Star Cement trades at a P/E below the industry P/E, while Phoenix Mills and Supreme Industries trade above it, which reflects the growth the market already expects. Readers comparing mall, cement and plastic pipe stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.

Why Do Mall, Cement and Plastic Pipe Stocks Have a Strong Roadmap in India?

Mall, cement and plastic pipe stocks have a strong roadmap in India because rising retail spending, housing and road projects and wider use of plastic pipes keep widening the market for these property and building companies.

• Mall footfall. Rising spending lifts rents and sales.
• Construction demand. Homes and roads need cement.
• Pipe use. Plastic pipes replace older materials.

Why Phoenix Mills Features Among These Mall, Cement and Plastic Pipe Stocks

Among the mall, cement and plastic pipe stocks on this list, Phoenix Mills owns and operates premium retail malls in major cities under the Phoenix brand and also has commercial, residential and hospitality assets.

Revenue rose from Rs 1,558 crore in FY22 to Rs 4,594 crore in FY26, a compound annual growth rate of 31.0%. Net profit grew from Rs 248 crore in FY22 to Rs 1,557 crore in FY26, which works out to a compound annual growth rate of 58.3%.

In the June 2026 quarter, revenue grew 13.3% year on year to Rs 1,115 crore, while net profit rose 23.0% to Rs 394 crore. The company has a return on equity of 11.1%, a debt to equity ratio of 0.48 and a market capitalisation of Rs 68,308 crore. The stock trades at a P/E of 41.9, above the industry P/E of 30.7.

Roadmap: The company is adding mall space and commercial assets as consumer spending rises. Rental income linked to footfall and consumption supports earnings as the portfolio matures.

What to watch: Track consumption in its malls, new mall openings and rental growth.

Why Star Cement Features Among These Mall, Cement and Plastic Pipe Stocks

Among the real estate and building shares on this list, Star Cement is a leading cement maker in India's North East, producing cement at plants in Meghalaya and Assam and selling across the region and in eastern India.

In the June 2026 quarter, revenue grew 4.1% year on year to Rs 951 crore. Revenue rose from Rs 2,255 crore in FY22 to Rs 3,796 crore in FY26, a compound annual growth rate of 13.9%.

Net profit grew from Rs 247 crore in FY22 to Rs 390 crore in FY26, which works out to a compound annual growth rate of 12.2%. The company has a return on equity of 12.3%, a debt to equity ratio of 0.19 and a market capitalisation of Rs 6,481 crore. The stock trades at a P/E of 17.7, below the industry P/E of 29.6.

Roadmap: The company is expanding capacity and widening its reach in eastern India, while infrastructure and housing spending in the North East supports demand. Its strong regional position helps pricing.

What to watch: Follow regional cement prices, capacity expansion and fuel and freight costs.

Why Supreme Industries Features Among These Mall, Cement and Plastic Pipe Stocks

Among the three companies on this list, Supreme Industries is among India's largest plastic products makers, with plastic piping systems, packaging, industrial products and consumer products across many plants.

The company has a return on equity of 15.5%, a debt to equity ratio of 0.01 and a market capitalisation of Rs 46,098 crore. The stock trades at a P/E of 44.6, above the industry P/E of 36.4.

Revenue rose from Rs 7,793 crore in FY22 to Rs 11,262 crore in FY26, a compound annual growth rate of 9.6%. Net profit for FY26 was Rs 954 crore, a net margin of 8.5%. In the June 2026 quarter, revenue grew 3.8% year on year to Rs 2,727 crore, while net profit rose 38.8% to Rs 281 crore.

Roadmap: The company holds a leading position in plastic pipes, and has been adding capacity and value-added products across its segments. Its wide distribution network and many plants help it serve customers in every region.

What to watch: Monitor PVC resin prices and the volume growth in piping systems.

Phoenix Mills vs Star Cement vs Supreme Industries on Key Financials

The table below sets the three mall, cement and plastic pipe stocks side by side on revenue, profit and margin, using reported figures.

Supreme Industries posts the highest return on equity in this group at 15.5%. Supreme Industries has the largest FY26 revenue at Rs 11,262 crore, and Phoenix Mills shows the fastest revenue growth with a 31.0% compound annual rate. A useful habit with mall, cement and plastic pipe stocks is to check each new quarterly result against the capacity plans the company described earlier.

The June 2026 quarter, the latest reported, gives a fresh read on momentum:

Key Risks to Check Before Investing in Mall, Cement and Plastic Pipe Stocks

Every theme carries risks that deserve a check before any decision. For these mall, cement and plastic pipe stocks, the main points are: Long-term real estate and building shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.

• Housing cycles. Real estate and building demand can vary with rates and sentiment.
• Input costs. Metal and material prices can move margins.
• 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 mall, cement and plastic pipe stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.

Final Thoughts on Mall, Cement and Plastic Pipe Stocks

Mall, cement and plastic pipe stocks reward patient research into demand, execution and financial strength. Phoenix Mills, Star Cement and Supreme Industries each have a clear plan to grow. Based on the 29 October 2026 close, Phoenix Mills trades at Rs 1,969.9, Star Cement at Rs 163.01 and Supreme Industries at Rs 3,198. Valuation matters as much as growth, so compare each company's P/E with its industry P/E before adding any of these mall, cement and plastic pipe stocks to a watchlist.

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What are mall, cement and plastic pipe stocks?

Ans. Mall, cement and plastic pipe stocks are listed companies that own and run large malls, produce cement for homes and roads and make pipes, fittings and moulded plastic products. Their earnings depend on footfall, construction activity and input costs. This list looks at three of them, Phoenix Mills, Star Cement and Supreme Industries, using reported FY22 to FY26 financials and the 29 October 2026 closing prices.

Which mall, cement and plastic pipe stocks are covered in this list?

Ans. This list covers Phoenix Mills, Star Cement and Supreme Industries. Based on the 29 October 2026 close, Phoenix Mills traded at Rs 1,969.9, Star Cement at Rs 163.01 and Supreme Industries at Rs 3,198. Their return on equity ranges from 11.1% to 15.5%, and their revenue compound annual growth from FY22 to FY26 ranges from 9.6% to 31.0%.

Why do mall, cement and plastic pipe stocks have a strong future roadmap in India?

Ans. Mall, cement and plastic pipe stocks have a strong roadmap in India because rising retail spending, housing and road projects and wider use of plastic pipes keep widening the market for these property and building companies. The main drivers are as follows. Mall footfall. Rising spending lifts rents and sales. Construction demand. Homes and roads need cement. Pipe use. Plastic pipes replace older materials. Together these factors give the companies on this list a visible path for growth over the coming years.

How has Phoenix Mills performed financially?

Ans. Revenue rose from Rs 1,558 crore in FY22 to Rs 4,594 crore in FY26, a compound annual growth rate of 31.0%. Net profit grew from Rs 248 crore in FY22 to Rs 1,557 crore in FY26, which works out to a compound annual growth rate of 58.3%. In the June 2026 quarter, revenue grew 13.3% year on year to Rs 1,115 crore, while net profit rose 23.0% to Rs 394 crore. The company has a return on equity of 11.1%, a debt to equity ratio of 0.48 and a market capitalisation of Rs 68,308 crore. The stock trades at a P/E of 41.9, above the industry P/E of 30.7. Looking ahead, the company is adding mall space and commercial assets as consumer spending rises. Rental income linked to footfall and consumption supports earnings as the portfolio matures.

How has Star Cement performed financially?

Ans. Revenue rose from Rs 2,255 crore in FY22 to Rs 3,796 crore in FY26, a compound annual growth rate of 13.9%. Net profit grew from Rs 247 crore in FY22 to Rs 390 crore in FY26, which works out to a compound annual growth rate of 12.2%. In the June 2026 quarter, revenue grew 4.1% year on year to Rs 951 crore. The company has a return on equity of 12.3%, a debt to equity ratio of 0.19 and a market capitalisation of Rs 6,481 crore. The stock trades at a P/E of 17.7, below the industry P/E of 29.6. Looking ahead, the company is expanding capacity and widening its reach in eastern India, while infrastructure and housing spending in the North East supports demand. Its strong regional position helps pricing.

How has Supreme Industries performed financially?

Ans. Revenue rose from Rs 7,793 crore in FY22 to Rs 11,262 crore in FY26, a compound annual growth rate of 9.6%. Net profit for FY26 was Rs 954 crore, a net margin of 8.5%. In the June 2026 quarter, revenue grew 3.8% year on year to Rs 2,727 crore, while net profit rose 38.8% to Rs 281 crore. The company has a return on equity of 15.5%, a debt to equity ratio of 0.01 and a market capitalisation of Rs 46,098 crore. The stock trades at a P/E of 44.6, above the industry P/E of 36.4. Looking ahead, the company holds a leading position in plastic pipes, and has been adding capacity and value-added products across its segments. Its wide distribution network and many plants help it serve customers in every region.

What risks should investors check before buying mall, cement and plastic pipe stocks?

Ans. Investors should check a few risks before buying mall, cement and plastic pipe stocks. Housing cycles. Real estate and building demand can vary with rates and sentiment. Input costs. Metal and material prices can move margins. 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 mall, cement and plastic pipe stocks investment advice?

Ans. No. This article is educational and uses publicly available data as of the 29 October 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.