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3 Smart Meter, Power Lender and Aviation Service Stocks With a Strong Future Roadmap: HPL Electric & Power, Power Finance Corporation and TAAL Tech

HPL Electric Rs 264.15, P/E 18.03. PFC Rs 344.50. TAAL Tech Rs 1,014.40, P/E 26.04. Closing prices of 14 Oct 2026.


15 Oct 2026 • 11:27 am

3 Smart Meter, Power Lender and Aviation Service Stocks With a Strong Future Roadmap: HPL Electric & Power, Power Finance Corporation and TAAL Tech

Quick Answer

Smart meter, power lender and aviation service stocks with the clearest long-term roadmaps today include HPL Electric in smart meters, switchgear, lighting and wiring products, PFC in lending to power generation, transmission, distribution and renewable energy projects and TAAL Tech in aviation products and services including aerostructures, aircraft services and an airfield with maintenance facilities. FY26 revenue growth was 6.5% at HPL Electric, 8.4% at PFC and 8.6% at TAAL Tech. P/E stands at 18.03 for HPL Electric (industry 47.09) and 26.04 for TAAL Tech (industry 48.45). 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.

Smart meter, power lender and aviation service stocks give investors exposure to meters, project funding and aircraft services for utilities and airlines. Order flow, loan growth and execution decide how much of that demand turns into profit.

This list covers three smart meter, power lender and aviation service stocks: HPL Electric & Power for smart meters, switchgear, lighting and wiring products, Power Finance Corporation for lending to power generation, transmission, distribution and renewable energy projects and TAAL Tech for aviation products and services including aerostructures, aircraft services and an airfield with maintenance facilities. 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 Smart Meter, Power Lender and Aviation Service Stocks?

Smart meter, power lender and aviation service stocks are shares of companies that make power products, fund projects or serve aircraft makers. Results depend on order flow, loan growth and execution, so execution and margins separate the stronger names.

Smart Meter, Power Lender and Aviation Service Stocks at a Glance

The table compares size, valuation, return on equity and debt for the three smart meter, power lender and aviation service stocks as of the 14 Oct 2026 close.

Company CMP (Rs) Market Cap (Rs Cr) Industry P/E ROE Debt to Equity
HPL Electric & Power 264.15 1,649 47.09 9.10% 0.75
Power Finance Corporation 344.50 106,758 17.72 18.22% 7.00
TAAL Tech 1,014.40 1,626 48.45 23.14% 0.00

Among power and engineering stocks, both trade at a discount to their industry P/E multiples.

Why Do Smart Meter, Power Lender and Aviation Service Stocks Have a Strong Roadmap in India?

Smart meter, power lender and aviation service stocks have a strong roadmap in India because metering programmes, power sector investment and aviation work keep adding demand for these firms. Three drivers stand out.

  • Metering push: Utilities roll out smart meters at scale.
  • Power funding: Generation and grid projects need long-term loans.
  • Aviation work: Aircraft makers outsource structures and maintenance.

HPL Electric & Power: Smart Meters and Switchgear Anchor the Roadmap

HPL Electric's roadmap rests on smart meters, switchgear, lighting and wiring products, with the smart meter rollout supporting orders.

Revenue grew from Rs 1,018.15 crore in FY22 to Rs 1,815.93 crore in FY26, a 78.4% rise, and FY26 revenue was 6.5% higher than FY25. FY26 net profit was Rs 91.25 crore. In Q1 FY27, revenue grew 34.7% to Rs 517.40 crore, and net profit rose 1.1% to Rs 18.69 crore. Operating margin was 15.51% in FY26.

Debt to equity is 0.75 and return on equity is 9.10%. FY26 operating cash flow was Rs 226.48 crore against capital expenditure of Rs 182.81 crore. HPL Electric paid a dividend of Rs 1 per share for FY26, a yield of 0.39%. At a P/E of 18.03 against an industry P/E of 47.09, the stock trades below its industry multiple.

What to watch: The P/E of 18.03 against an industry P/E of 47.09 leaves valuation less stretched, so the next quarters' growth is the figure to follow.

Power Finance Corporation: Power Sector Lending Builds the Next Leg

PFC's roadmap rests on lending to power generation, transmission, distribution and renewable energy projects, with power sector investment supporting its loan book.

Revenue grew from Rs 76,344.92 crore in FY22 to Rs 115,533.18 crore in FY26, a 51.3% rise, and FY26 revenue was 8.4% higher than FY25. FY26 net profit rose 10.2% to Rs 33,625.34 crore. Over four years, net profit rose from Rs 18,768.21 crore in FY22 to Rs 33,625.34 crore.

Debt to equity is 7.00 and return on equity is 18.22%.

What to watch: Return on equity of 18.22% is the figure to follow as growth continues.

TAAL Tech: Aerostructures and Airfield Services Anchor the Roadmap

TAAL Tech's roadmap rests on aviation products and services including aerostructures, aircraft services and an airfield with maintenance, repair and overhaul facilities, with a debt-free balance sheet supporting its position.

Revenue grew from Rs 141.37 crore in FY22 to Rs 216.46 crore in FY26, a 53.1% rise, and FY26 revenue was 8.6% higher than FY25. FY26 net profit rose 16.3% to Rs 56.72 crore. Over four years, net profit rose from Rs 31.91 crore in FY22 to Rs 56.72 crore. In Q1 FY27, revenue grew 36.5% to Rs 68.80 crore, and net profit rose 41.7% to Rs 19.43 crore. Operating margin was 33.64% in FY26.

Debt to equity is 0.00 and return on equity is 23.14%. FY26 operating cash flow was Rs 18.74 crore against capital expenditure of Rs 0.13 crore. TAAL Tech paid a dividend of Rs 65 per share for FY26, a yield of 1.25%. At a P/E of 26.04 against an industry P/E of 48.45, the stock trades below its industry multiple.

What to watch: The P/E of 26.04 against an industry P/E of 48.45 leaves valuation less stretched, so the next quarters' growth is the figure to follow.

Best Smart Meter, Power Lender and Aviation Service Stocks in India: HPL Electric vs PFC vs TAAL Tech on Key Financials

Among the best smart meter, power lender and aviation service stocks in India, HPL Electric ranks second on the lowest debt to equity; PFC ranks second on FY26 revenue growth and return on equity; TAAL Tech leads on FY26 revenue growth and return on equity. The table puts the numbers side by side.

Metric HPL Electric PFC TAAL Tech
FY26 revenue (Rs Cr) 1,815.93 115,533.18 216.46
FY26 revenue growth 6.5% 8.4% 8.6%
FY26 net profit (Rs Cr) 91.25 33,625.34 56.72
Return on equity 9.10% 18.22% 23.14%
Debt to equity 0.75 7.00 0.00

Power and engineering earnings follow order flow, loan growth and execution, so full-year numbers and quarterly trends together give a better view.

How to Evaluate Smart Meter, Power Lender and Aviation Service Stocks to Buy Before You Invest

A short checklist keeps the research consistent when you screen smart meter, power lender and aviation service stocks and shortlist smart meter, power lender and aviation service stocks to buy.

  1. Compare each stock's P/E with its industry P/E, which differs by company here.
  2. Check operating margin, debt and cash flow together.
  3. Check whether revenue growth is turning into profit growth, not only sales.
  4. Read loan growth against funding costs to see how growth is financed.
  5. Watch debt to equity and interest cover before sizing a position.
  6. Spread exposure across companies and business lines instead of one demand cycle.

Check the Univest Screener for live data on these smart meter, power lender and aviation service stocks

Risks to Consider Before Investing in Smart Meter, Power Lender and Aviation Service 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 HPL Electric, PFC and TAAL Tech 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 power and engineering stocks cover smart meters, power financing and aviation services. HPL Electric ranks second on the lowest debt to equity; PFC ranks second on FY26 revenue growth and return on equity; TAAL Tech leads on FY26 revenue growth and return on equity.

Across smart meter, power lender and aviation service 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 smart meter, power lender and aviation service 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 Smart Meter, Power Lender and Aviation Service Stocks

Which are the best smart meter, power lender and aviation service stocks in India with a strong roadmap?

Ans. HPL Electric & Power, Power Finance Corporation and TAAL Tech stand out for their roadmaps in smart meters, power financing and aviation services. FY26 revenue growth was 6.5% at HPL Electric, 8.4% at PFC and 8.6% at TAAL Tech, and return on equity ranges from 9.10% to 23.14%.

Is HPL Electric & Power a good stock to buy now?

Ans. HPL Electric & Power has a debt to equity ratio of 0.75, a return on equity of 9.10% and a P/E of 18.03 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 HPL Electric, PFC and TAAL Tech?

Ans. The P/E ratio is 18.03 for HPL Electric (industry 47.09) and 26.04 for TAAL Tech (industry 48.45). All of them trade below the industry multiple.

Which of these smart meter, power lender and aviation service stocks has the highest return on equity?

Ans. TAAL Tech has the highest return on equity at 23.14%, followed by Power Finance Corporation at 18.22% and HPL Electric & Power at 9.10%.

What are the risks of investing in smart meter, power lender and aviation service stocks?

Ans. The main risks are order timing, government spending and quarterly trends. Delays in customer projects can shift revenue between quarters.

How did HPL Electric, PFC and TAAL Tech perform in Q1 FY27?

Ans. HPL Electric & Power reported revenue of Rs 517.40 crore, up 34.7% year on year, and net profit rose 1.1% to Rs 18.69 crore. Power Finance Corporation reported . TAAL Tech reported revenue of Rs 68.80 crore, up 36.5% year on year, and net profit rose 41.7% to Rs 19.43 crore.

Do smart meter, power lender and aviation service stocks pay dividends?

Ans. HPL Electric and TAAL Tech pay dividends. The dividend yield is 0.39% for HPL Electric and 1.25% for TAAL Tech, based on dividends declared for FY26.

How can I invest in smart meter, power lender and aviation service stocks in India?

Ans. You can buy smart meter, power lender and aviation service 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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Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

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