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3 Steel, Ferro Alloys and Power Producer, Aircraft and Helicopters Maker and Hospital Chain Stocks With a Strong Future Roadmap: Sarda Energy, Hindustan Aeronautics and Fortis Healthcare

Sarda Energy, Hindustan Aeronautics and Fortis Healthcare: ROE of 10.5% to 22.2% and FY22 to FY26 revenue CAGR of 9.5% to 12.4%. Prices as of 9 Nov 2026.


10 Nov 2026 • 11:46 am

3 Steel, Ferro Alloys and Power Producer, Aircraft and Helicopters Maker and Hospital Chain Stocks With a Strong Future Roadmap: Sarda Energy, Hindustan Aeronautics and Fortis Healthcare

Quick Answer

The three steel and power, aerospace and hospital stocks to watch are Sarda Energy, Hindustan Aeronautics and Fortis Healthcare. Their return on equity ranges from 10.5% to 22.2%, and their revenue compound annual growth from FY22 to FY26 ranges from 9.5% to 12.4%. Hindustan Aeronautics has the highest return on equity at 22.2%, while Fortis Healthcare has the fastest revenue growth at 12.4% a year. Prices are based on the 9 November 2026 close, and this article is educational, not investment advice.

Steel and power, aerospace and hospital stocks give investors a way to track businesses that sit close to everyday demand in India. Sarda Energy, Hindustan Aeronautics and Fortis Healthcare cover a steel, ferro alloys and power producer, an aircraft and helicopters maker and a hospital chain.

This list covers three steel and power, aerospace and hospital stocks with complete current figures: Sarda Energy, Hindustan Aeronautics and Fortis Healthcare. Every figure comes from the latest reported financials and the 9 November 2026 market close. Companies without complete current figures were left out.

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What Are Steel and Power, Aerospace and Hospital Stocks?

Steel and power, aerospace and hospital stocks are listed companies that produce steel, ferro alloys and power, build aircraft, helicopters and aerospace systems, and run multi specialty hospitals and diagnostic centres. Their earnings depend on steel and alloy demand, defence orders and patient volumes.

Steel and Power, Aerospace and Hospital Stocks at a Glance

Company CMP (Rs) Market Cap (Rs Cr) P/E Industry P/E ROE (%) D/E
Sarda Energy 445.6 16,079 14.0 22.4 15.0 0.36
Hindustan Aeronautics 4,985 330,709 35.5 48.1 22.2 0.00
Fortis Healthcare 773.65 55,554 51.9 59.6 10.5 0.35

On valuation, all three trade at a P/E below their industry P/E, which means the market is pricing them at a lower multiple than their peer group. Readers comparing steel and power, aerospace and hospital stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain. With the Q2 FY27 results season close, investors in steel and power, aerospace and hospital stocks can use the coming numbers to test whether growth is holding.

Why Do Steel and Power, Aerospace and Hospital Stocks Have a Strong Roadmap in India?

Steel and power, aerospace and hospital stocks have a strong roadmap in India because steady demand for steel and alloys, strong defence indigenisation and growing demand for quality hospital care keep widening the market for these companies.

  • Steel and alloys. Construction and industry need steady supply.
  • Aerospace. Defence forces need home built platforms.
  • Hospitals. Patients seek advanced multi specialty care.

Why Sarda Energy Features Among These Steel and Power, Aerospace and Hospital Stocks

Among the steel and power, aerospace and hospital stocks on this list, Sarda Energy and Minerals is a Raipur-based integrated company producing ferro alloys, sponge iron, steel billets and power, supported by its own mines.

In the June 2026 quarter, revenue grew 0.2% year on year to Rs 1,717 crore, while net profit rose 9.4% to Rs 463 crore. Revenue rose from Rs 3,964 crore in FY22 to Rs 5,928 crore in FY26, a compound annual growth rate of 10.6%.

Net profit grew from Rs 808 crore in FY22 to Rs 1,063 crore in FY26, which works out to a compound annual growth rate of 7.1%. The company has a return on equity of 15.0%, a debt to equity ratio of 0.36 and a market capitalisation of Rs 16,079 crore. The stock trades at a P/E of 14.0, below the industry P/E of 22.4.

Roadmap: The company is growing capacity in steel and power while using captive mines to support its cost base. An integrated model lets it capture margin at several steps of production.

What to watch: Track capacity additions, captive mine output and power plant performance.

Why Hindustan Aeronautics Features Among These Steel and Power, Aerospace and Hospital Stocks

Among the alloy, aircraft and care shares on this list, Hindustan Aeronautics is India's leading aerospace and defence company, making fighter aircraft, helicopters, engines and avionics, and providing repair and overhaul services for the armed forces.

The company has a return on equity of 22.2%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 330,709 crore. The stock trades at a P/E of 35.5, below the industry P/E of 48.1.

Revenue rose from Rs 25,605 crore in FY22 to Rs 36,788 crore in FY26, a compound annual growth rate of 9.5%. Net profit grew from Rs 5,080 crore in FY22 to Rs 9,116 crore in FY26, which works out to a compound annual growth rate of 15.7%. In the June 2026 quarter, revenue grew 15.3% year on year to Rs 6,415 crore, while net profit rose 14.9% to Rs 1,590 crore.

Roadmap: The company has a large order book that includes light combat aircraft, helicopters and licensed production of fighter jets, and it is working on new engine programmes with global partners. Its overhaul and maintenance work provides recurring revenue.

What to watch: Track deliveries of new aircraft and progress on engine and helicopter programmes.

Why Fortis Healthcare Features Among These Steel and Power, Aerospace and Hospital Stocks

Among the three companies on this list, Fortis Healthcare operates a network of multi-specialty hospitals across India, with strengths in cardiac sciences, oncology, neurosciences and orthopaedics, and it also runs a diagnostics business.

Revenue rose from Rs 5,745 crore in FY22 to Rs 9,178 crore in FY26, a compound annual growth rate of 12.4%. Net profit grew from Rs 790 crore in FY22 to Rs 1,064 crore in FY26, which works out to a compound annual growth rate of 7.7%.

In the June 2026 quarter, revenue grew 17.3% year on year to Rs 2,560 crore, while net profit rose 2.3% to Rs 273 crore. The company has a return on equity of 10.5%, a debt to equity ratio of 0.35 and a market capitalisation of Rs 55,554 crore. The stock trades at a P/E of 51.9, below the industry P/E of 59.6.

Roadmap: The company is adding beds at existing hospitals and building new capacity in cities where demand for advanced care is rising. Its diagnostics arm and a growing share of complex procedures widen the earnings base beyond routine admissions.

What to watch: Track bed additions, occupancy and revenue per occupied bed.

Sarda Energy vs Hindustan Aeronautics vs Fortis Healthcare on Key Financials

The table below sets the three steel and power, aerospace and hospital 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
Sarda Energy 3,964 5,928 10.6% 1,063 17.9%
Hindustan Aeronautics 25,605 36,788 9.5% 9,116 24.8%
Fortis Healthcare 5,745 9,178 12.4% 1,064 11.6%

Hindustan Aeronautics posts the highest return on equity in this group at 22.2%. Hindustan Aeronautics has the largest FY26 revenue at Rs 36,788 crore, and Fortis Healthcare shows the fastest revenue growth with a 12.4% compound annual rate. A useful habit with steel and power, aerospace and hospital stocks is to check each new quarterly result against the capacity plans the company described earlier. Many investors spread money across several sponge iron, fighter jet and multi specialty hospital stocks instead of one name, which keeps a single result from deciding the outcome.

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

Company Q1 FY26 Revenue (Rs Cr) Q1 FY27 Revenue (Rs Cr) Year-on-Year Growth
Sarda Energy 1,713 1,717 0.2%
Hindustan Aeronautics 5,566 6,415 15.3%
Fortis Healthcare 2,182 2,560 17.3%

Key Risks to Check Before Investing in Steel and Power, Aerospace and Hospital Stocks

Every theme carries risks that deserve a check before any decision. For these steel and power, aerospace and hospital stocks, the main points are: Long-term alloy, aircraft and care shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.

  • Commodity prices. Selling prices follow global and domestic markets.
  • Order timing. Defence and space orders can shift between periods.
  • 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 steel and power, aerospace and hospital stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.

Final Thoughts on Steel and Power, Aerospace and Hospital Stocks

Steel and power, aerospace and hospital stocks work best when investors track growth, valuation and return on equity side by side. Sarda Energy, Hindustan Aeronautics and Fortis Healthcare each have a clear plan to grow. Based on the 9 November 2026 close, Sarda Energy trades at Rs 445.6, Hindustan Aeronautics at Rs 4,985 and Fortis Healthcare at Rs 773.65. Valuation matters as much as growth, so compare each company's P/E with its industry P/E before adding any of these steel and power, aerospace and hospital stocks to a watchlist.

Download the Univest iOS App or Univest Android App to track steel and power, aerospace and hospital stocks, set price alerts and get research-backed stock ideas.

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 steel and power, aerospace and hospital stocks?

Ans. Steel and power, aerospace and hospital stocks are listed companies that produce steel, ferro alloys and power, build aircraft, helicopters and aerospace systems, and run multi specialty hospitals and diagnostic centres. Their earnings depend on steel and alloy demand, defence orders and patient volumes. This list looks at three of them, Sarda Energy, Hindustan Aeronautics and Fortis Healthcare, using reported FY22 to FY26 financials and the 9 November 2026 closing prices.

Which steel and power, aerospace and hospital stocks are covered in this list?

Ans. This list covers Sarda Energy, Hindustan Aeronautics and Fortis Healthcare. Based on the 9 November 2026 close, Sarda Energy traded at Rs 445.6, Hindustan Aeronautics at Rs 4,985 and Fortis Healthcare at Rs 773.65. Their return on equity ranges from 10.5% to 22.2%, and their revenue compound annual growth from FY22 to FY26 ranges from 9.5% to 12.4%.

Why do steel and power, aerospace and hospital stocks have a strong future roadmap in India?

Ans. Steel and power, aerospace and hospital stocks have a strong roadmap in India because steady demand for steel and alloys, strong defence indigenisation and growing demand for quality hospital care keep widening the market for these companies. The main drivers are as follows. Steel and alloys. Construction and industry need steady supply. Aerospace. Defence forces need home built platforms. Hospitals. Patients seek advanced multi specialty care. Together these factors give the companies on this list a visible path for growth over the coming years.

How has Sarda Energy performed financially?

Ans. Revenue rose from Rs 3,964 crore in FY22 to Rs 5,928 crore in FY26, a compound annual growth rate of 10.6%. Net profit grew from Rs 808 crore in FY22 to Rs 1,063 crore in FY26, which works out to a compound annual growth rate of 7.1%. In the June 2026 quarter, revenue grew 0.2% year on year to Rs 1,717 crore, while net profit rose 9.4% to Rs 463 crore. The company has a return on equity of 15.0%, a debt to equity ratio of 0.36 and a market capitalisation of Rs 16,079 crore. The stock trades at a P/E of 14.0, below the industry P/E of 22.4. Looking ahead, the company is growing capacity in steel and power while using captive mines to support its cost base. An integrated model lets it capture margin at several steps of production.

How has Hindustan Aeronautics performed financially?

Ans. Revenue rose from Rs 25,605 crore in FY22 to Rs 36,788 crore in FY26, a compound annual growth rate of 9.5%. Net profit grew from Rs 5,080 crore in FY22 to Rs 9,116 crore in FY26, which works out to a compound annual growth rate of 15.7%. In the June 2026 quarter, revenue grew 15.3% year on year to Rs 6,415 crore, while net profit rose 14.9% to Rs 1,590 crore. The company has a return on equity of 22.2%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 330,709 crore. The stock trades at a P/E of 35.5, below the industry P/E of 48.1. Looking ahead, the company has a large order book that includes light combat aircraft, helicopters and licensed production of fighter jets, and it is working on new engine programmes with global partners. Its overhaul and maintenance work provides recurring revenue.

How has Fortis Healthcare performed financially?

Ans. Revenue rose from Rs 5,745 crore in FY22 to Rs 9,178 crore in FY26, a compound annual growth rate of 12.4%. Net profit grew from Rs 790 crore in FY22 to Rs 1,064 crore in FY26, which works out to a compound annual growth rate of 7.7%. In the June 2026 quarter, revenue grew 17.3% year on year to Rs 2,560 crore, while net profit rose 2.3% to Rs 273 crore. The company has a return on equity of 10.5%, a debt to equity ratio of 0.35 and a market capitalisation of Rs 55,554 crore. The stock trades at a P/E of 51.9, below the industry P/E of 59.6. Looking ahead, the company is adding beds at existing hospitals and building new capacity in cities where demand for advanced care is rising. Its diagnostics arm and a growing share of complex procedures widen the earnings base beyond routine admissions.

What risks should investors check before buying steel and power, aerospace and hospital stocks?

Ans. Investors should check a few risks before buying steel and power, aerospace and hospital stocks. Commodity prices. Selling prices follow global and domestic markets. Order timing. Defence and space orders can shift between periods. 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 steel and power, aerospace and hospital stocks investment advice?

Ans. No. This article is educational and uses publicly available data as of the 9 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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