3 Solar Module Maker, City Power Utility and Lng Terminal Stocks With a Strong Future Roadmap: Vikram Solar, Torrent Power and Petronet LNG

Solar module maker, city power utility and LNG terminal stocks give investors exposure to solar power, city electricity and imported gas. Order books, capacity use and margins decide how much of that demand turns into profit.

This list covers three solar module maker, city power utility and LNG terminal stocks: Vikram Solar for solar module manufacturing for utility, commercial and rooftop projects, Torrent Power for power generation from thermal, gas and renewable plants and electricity distribution in cities such as Ahmedabad, Surat and Agra and Petronet LNG for LNG import and regasification terminals at Dahej and Kochi. 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 Solar Module Maker, City Power Utility and Lng Terminal Stocks?

Solar module maker, city power utility and LNG terminal 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.

Solar Module Maker, City Power Utility and Lng Terminal Stocks at a Glance

The table compares size, valuation, return on equity and debt for the three solar module maker, city power utility and LNG terminal stocks as of the 14 Oct 2026 close.

Among power and gas stocks, Torrent Power trades at a premium to the industry P/E, while Vikram Solar and Petronet LNG trade at a discount.

Why Do Solar Module Maker, City Power Utility and Lng Terminal Stocks Have a Strong Roadmap in India?

Solar module maker, city power utility and LNG terminal stocks have a strong roadmap in India because solar installations, city power demand and gas imports keep adding volumes for these firms. Three drivers stand out.

• Solar build-out: Utilities and homes install more solar modules.
• City power: Growing cities use more electricity.
• Gas imports: Industry and power buyers need LNG supply.

Vikram Solar: Solar Module Output Drives the Pipeline

Vikram Solar's roadmap rests on solar module manufacturing for utility, commercial and rooftop projects, with rising solar installations supporting volumes.

Revenue grew from Rs 1,743.05 crore in FY22 to Rs 4,861.87 crore in FY26, a 178.9% rise, and FY26 revenue was 40.9% higher than FY25. FY26 net profit was Rs 469.06 crore. In Q1 FY27, revenue grew 38.5% to Rs 1,575.71 crore. Operating margin was 20.17% in FY26.

Debt to equity is 0.20 and return on equity is 14.85%. FY26 operating cash flow was Rs 666.94 crore against capital expenditure of Rs 283.09 crore. At a P/E of 14.56 against an industry P/E of 47.09, the stock trades below its industry multiple.

What to watch: The P/E of 14.56 against an industry P/E of 47.09 leaves valuation less stretched, so the next quarters' growth is the figure to follow.

Torrent Power: Generation, Distribution and Renewables Anchor the Roadmap

Torrent Power's roadmap rests on power generation from thermal, gas and renewable plants and electricity distribution in cities such as Ahmedabad, Surat and Agra, with distribution franchises and renewable additions supporting earnings.

Revenue grew from Rs 14,492.65 crore in FY22 to Rs 29,288.92 crore in FY26, a 102.1% rise. FY26 net profit was Rs 2,469.36 crore. In Q1 FY27, revenue grew 2.4% to Rs 8,204.81 crore. Operating margin was 20.21% in FY26.

Debt to equity is 0.73 and return on equity is 12.67%. FY26 operating cash flow was Rs 5,464.17 crore against capital expenditure of Rs 7,704.63 crore. Torrent Power paid a dividend of Rs 20 per share for FY26, a yield of 1.65%. At a P/E of 25.60 against an industry P/E of 22.17, the stock trades above its industry multiple.

What to watch: The P/E of 25.60 is a modest premium to the industry P/E of 22.17, so the next quarters' growth is the figure to follow.

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.

Best Solar Module Maker, City Power Utility and Lng Terminal Stocks in India: Vikram Solar vs Torrent Power vs Petronet LNG on Key Financials

Among the best solar module maker, city power utility and LNG terminal stocks in India, Vikram Solar ranks second on FY26 operating margin and return on equity; Torrent Power leads on FY26 operating margin; Petronet LNG leads on return on equity and the lowest P/E. The table puts the numbers side by side.

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 Solar Module Maker, City Power Utility and Lng Terminal Stocks to Buy Before You Invest

A short checklist keeps the research consistent when you screen solar module maker, city power utility and LNG terminal stocks and shortlist solar module maker, city power utility and LNG terminal 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 operating cash flow against capital expenditure to see how growth is funded.
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.

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Risks to Consider Before Investing in Solar Module Maker, City Power Utility and Lng Terminal 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.

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Final Take: Which Stock Has the Strongest Roadmap?

These three power and gas stocks cover a solar maker, a power utility and an LNG terminal operator. Vikram Solar ranks second on FY26 operating margin and return on equity; Torrent Power leads on FY26 operating margin; Petronet LNG leads on return on equity and the lowest P/E.

Across solar module maker, city power utility and LNG terminal 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 solar module maker, city power utility and LNG terminal stocks to buy discussed here.

FAQs on Solar Module Maker, City Power Utility and Lng Terminal Stocks

Which are the best solar module maker, city power utility and LNG terminal stocks in India with a strong roadmap?

Ans. Vikram Solar, Torrent Power and Petronet LNG stand out for their roadmaps in a solar maker, a power utility and an LNG terminal operator. Return on equity ranges from 12.67% to 17.56%.

Is Vikram Solar a good stock to buy now?

Ans. Vikram Solar has a debt to equity ratio of 0.20, a return on equity of 14.85% and a P/E of 14.56 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 Vikram Solar, Torrent Power and Petronet LNG?

Ans. The P/E ratio is 14.56 for Vikram Solar (industry 47.09), 25.60 for Torrent Power (industry 22.17) and 10.31 for Petronet LNG (industry 14.54). Only Torrent Power trades at or above the industry multiple.

Which of these solar module maker, city power utility and LNG terminal stocks has the highest return on equity?

Ans. Petronet LNG has the highest return on equity at 17.56%, followed by Vikram Solar at 14.85% and Torrent Power at 12.67%.

What are the risks of investing in solar module maker, city power utility and LNG terminal stocks?

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

How did Vikram Solar, Torrent Power and Petronet LNG perform in Q1 FY27?

Ans. Vikram Solar reported revenue of Rs 1,575.71 crore, up 38.5% year on year. Torrent Power reported revenue of Rs 8,204.81 crore, up 2.4% year on year. Petronet LNG reported net profit rose 34.4% to Rs 1,108.27 crore.

Do solar module maker, city power utility and LNG terminal stocks pay dividends?

Ans. Torrent Power and Petronet LNG pay dividends. The dividend yield is 1.65% for Torrent Power and 3.46% for Petronet LNG, based on dividends declared for FY26.

How can I invest in solar module maker, city power utility and LNG terminal stocks in India?

Ans. You can buy solar module maker, city power utility and LNG terminal 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.