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3 Steel Tubes and Forgings Maker, Applications and Cloud IT Services Firm and Decorative Auto Parts Maker Stocks With a Strong Future Roadmap: Goodluck India, Mphasis and SJS Enterprises

Goodluck India, Mphasis and SJS Enterprises: ROE of 12.1% to 19.7% and FY22 to FY26 revenue CAGR of 7.5% to 27.0%. Prices as of 5 Nov 2026.


6 Nov 2026 • 10:31 am

3 Steel Tubes and Forgings Maker, Applications and Cloud IT Services Firm and Decorative Auto Parts Maker Stocks With a Strong Future Roadmap: Goodluck India, Mphasis and SJS Enterprises

Quick Answer

The three steel tube, IT services and vehicle trim stocks to watch are Goodluck India, Mphasis and SJS Enterprises. Their return on equity ranges from 12.1% to 19.7%, and their revenue compound annual growth from FY22 to FY26 ranges from 7.5% to 27.0%. SJS Enterprises leads on both return on equity at 19.7% and revenue growth at 27.0% a year. Prices are based on the 5 November 2026 close, and this article is educational, not investment advice.

Steel tube, IT services and vehicle trim stocks offer a focused view of a sector where demand keeps widening. Goodluck India, Mphasis and SJS Enterprises cover a steel tubes and forgings maker, an IT services firm and a decorative auto parts maker.

This list covers three steel tube, IT services and vehicle trim stocks with complete current figures: Goodluck India, Mphasis and SJS Enterprises. Every figure comes from the latest reported financials and the 5 November 2026 market close. Companies without complete current figures were left out.

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What Are Steel Tube, IT Services and Vehicle Trim Stocks?

Steel tube, IT services and vehicle trim stocks are listed companies that make steel tubes, forgings and tower structures, provide applications and cloud services to global clients, and produce decorative lenses, badges and aesthetic parts for vehicles. Their earnings depend on engineering orders, client technology budgets and vehicle output.

Steel Tube, IT Services and Vehicle Trim Stocks at a Glance

Company CMP (Rs) Market Cap (Rs Cr) P/E Industry P/E ROE (%) D/E
Goodluck India 533.6 5,520 26.3 20.4 12.1 0.75
Mphasis 2,510 47,695 25.0 17.5 17.3 0.24
SJS Enterprises 2,028.4 6,459 30.5 36.9 19.7 0.03

On valuation, SJS Enterprises trades at a P/E below the industry P/E, while Goodluck India and Mphasis trade above it, which reflects the growth the market already expects. Readers comparing steel tube, IT services and vehicle trim 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 tube, IT services and vehicle trim stocks can use the coming numbers to test whether growth is holding.

Why Do Steel Tube, IT Services and Vehicle Trim Stocks Have a Strong Roadmap in India?

Steel tube, IT services and vehicle trim stocks have a strong roadmap in India because steady engineering orders, rising client technology spending and growing vehicle output keep widening the market for these companies.

  • Steel tubes. Energy and engineering users need tubes.
  • IT services. Global clients modernise applications.
  • Decorative parts. Premium vehicles use more aesthetic parts.

Why Goodluck India Features Among These Steel Tube, IT Services and Vehicle Trim Stocks

Among the steel tube, IT services and vehicle trim stocks on this list, Goodluck India makes steel tubes and pipes, forgings and tower structures for engineering, power, infrastructure and construction customers.

Revenue rose from Rs 2,617 crore in FY22 to Rs 4,121 crore in FY26, a compound annual growth rate of 12.0%. Net profit grew from Rs 75.0 crore in FY22 to Rs 183 crore in FY26, which works out to a compound annual growth rate of 24.9%.

In the June 2026 quarter, revenue grew 30.9% year on year to Rs 1,292 crore, while net profit rose 67.4% to Rs 67.2 crore. The company has a return on equity of 12.1%, a debt to equity ratio of 0.75 and a market capitalisation of Rs 5,520 crore. The stock trades at a P/E of 26.3, above the industry P/E of 20.4.

Roadmap: The company is expanding its tubes and forgings capacity and growing its supply of tower structures for power transmission. Infrastructure spending supports demand for its steel products.

What to watch: Monitor order inflows, steel prices and demand from infrastructure projects.

Why Mphasis Features Among These Steel Tube, IT Services and Vehicle Trim Stocks

Among the metal, technology and auto part shares on this list, Mphasis is a Bengaluru-based IT services company that provides applications, cloud, data and consulting services to clients in banking, insurance and technology, especially in the United States.

In the June 2026 quarter, revenue grew 17.1% year on year to Rs 4,467 crore, while net profit rose 10.8% to Rs 490 crore. Revenue rose from Rs 12,122 crore in FY22 to Rs 16,206 crore in FY26, a compound annual growth rate of 7.5%.

Net profit grew from Rs 1,431 crore in FY22 to Rs 1,863 crore in FY26, which works out to a compound annual growth rate of 6.8%. The company has a return on equity of 17.3%, a debt to equity ratio of 0.24 and a market capitalisation of Rs 47,695 crore. The stock trades at a P/E of 25.0, above the industry P/E of 17.5.

Roadmap: The company has stressed an AI-led approach and strengthened its sales relationships with large clients. A broad client base in financial services provides recurring revenue, and its investments in cloud and data skills support growth.

What to watch: Monitor deal wins and client spending trends in banking and financial services.

Why SJS Enterprises Features Among These Steel Tube, IT Services and Vehicle Trim Stocks

Among the three companies on this list, SJS Enterprises makes decorative aesthetic parts such as lenses, badges, decals and appliqués for vehicles, along with products for consumer durables.

The company has a return on equity of 19.7%, a debt to equity ratio of 0.03 and a market capitalisation of Rs 6,459 crore. The stock trades at a P/E of 30.5, below the industry P/E of 36.9.

Revenue rose from Rs 374 crore in FY22 to Rs 973 crore in FY26, a compound annual growth rate of 27.0%. Net profit grew from Rs 55.0 crore in FY22 to Rs 172 crore in FY26, which works out to a compound annual growth rate of 32.9%. In the June 2026 quarter, revenue grew 25.3% year on year to Rs 266 crore, while net profit rose 115.0% to Rs 74.4 crore.

Roadmap: Premium finishes, electric vehicle styling and a rising number of parts per vehicle widen its addressable market. The company has also acquired overseas and domestic businesses, which deepen its product range and customer mix.

What to watch: Follow how newly acquired units are integrated and how premium finishes contribute to the mix.

Goodluck India vs Mphasis vs SJS Enterprises on Key Financials

The table below sets the three steel tube, IT services and vehicle trim 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
Goodluck India 2,617 4,121 12.0% 183 4.4%
Mphasis 12,122 16,206 7.5% 1,863 11.5%
SJS Enterprises 374 973 27.0% 172 17.7%

SJS Enterprises posts the highest return on equity in this group at 19.7%. Mphasis has the largest FY26 revenue at Rs 16,206 crore, and SJS Enterprises shows the fastest revenue growth with a 27.0% compound annual rate. A useful habit with steel tube, IT services and vehicle trim stocks is to check each new quarterly result against the capacity plans the company described earlier. Many investors spread money across several pipe and forging, cloud applications and badge 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
Goodluck India 987 1,292 30.9%
Mphasis 3,813 4,467 17.1%
SJS Enterprises 212 266 25.3%

Key Risks to Check Before Investing in Steel Tube, IT Services and Vehicle Trim Stocks

Every theme carries risks that deserve a check before any decision. For these steel tube, IT services and vehicle trim stocks, the main points are: Long-term metal, technology and auto part 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.
  • 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 tube, IT services and vehicle trim stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.

Final Thoughts on Steel Tube, IT Services and Vehicle Trim Stocks

Steel tube, IT services and vehicle trim stocks reward patient research into demand, execution and financial strength. Goodluck India, Mphasis and SJS Enterprises each have a clear plan to grow. Based on the 5 November 2026 close, Goodluck India trades at Rs 533.6, Mphasis at Rs 2,510 and SJS Enterprises at Rs 2,028.4. Valuation matters as much as growth, so compare each company's P/E with its industry P/E before adding any of these steel tube, IT services and vehicle trim stocks to a watchlist.

Download the Univest iOS App or Univest Android App to track steel tube, IT services and vehicle trim 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 tube, IT services and vehicle trim stocks?

Ans. Steel tube, IT services and vehicle trim stocks are listed companies that make steel tubes, forgings and tower structures, provide applications and cloud services to global clients, and produce decorative lenses, badges and aesthetic parts for vehicles. Their earnings depend on engineering orders, client technology budgets and vehicle output. This list looks at three of them, Goodluck India, Mphasis and SJS Enterprises, using reported FY22 to FY26 financials and the 5 November 2026 closing prices.

Which steel tube, IT services and vehicle trim stocks are covered in this list?

Ans. This list covers Goodluck India, Mphasis and SJS Enterprises. Based on the 5 November 2026 close, Goodluck India traded at Rs 533.6, Mphasis at Rs 2,510 and SJS Enterprises at Rs 2,028.4. Their return on equity ranges from 12.1% to 19.7%, and their revenue compound annual growth from FY22 to FY26 ranges from 7.5% to 27.0%.

Why do steel tube, IT services and vehicle trim stocks have a strong future roadmap in India?

Ans. Steel tube, IT services and vehicle trim stocks have a strong roadmap in India because steady engineering orders, rising client technology spending and growing vehicle output keep widening the market for these companies. The main drivers are as follows. Steel tubes. Energy and engineering users need tubes. IT services. Global clients modernise applications. Decorative parts. Premium vehicles use more aesthetic parts. Together these factors give the companies on this list a visible path for growth over the coming years.

How has Goodluck India performed financially?

Ans. Revenue rose from Rs 2,617 crore in FY22 to Rs 4,121 crore in FY26, a compound annual growth rate of 12.0%. Net profit grew from Rs 75.0 crore in FY22 to Rs 183 crore in FY26, which works out to a compound annual growth rate of 24.9%. In the June 2026 quarter, revenue grew 30.9% year on year to Rs 1,292 crore, while net profit rose 67.4% to Rs 67.2 crore. The company has a return on equity of 12.1%, a debt to equity ratio of 0.75 and a market capitalisation of Rs 5,520 crore. The stock trades at a P/E of 26.3, above the industry P/E of 20.4. Looking ahead, the company is expanding its tubes and forgings capacity and growing its supply of tower structures for power transmission. Infrastructure spending supports demand for its steel products.

How has Mphasis performed financially?

Ans. Revenue rose from Rs 12,122 crore in FY22 to Rs 16,206 crore in FY26, a compound annual growth rate of 7.5%. Net profit grew from Rs 1,431 crore in FY22 to Rs 1,863 crore in FY26, which works out to a compound annual growth rate of 6.8%. In the June 2026 quarter, revenue grew 17.1% year on year to Rs 4,467 crore, while net profit rose 10.8% to Rs 490 crore. The company has a return on equity of 17.3%, a debt to equity ratio of 0.24 and a market capitalisation of Rs 47,695 crore. The stock trades at a P/E of 25.0, above the industry P/E of 17.5. Looking ahead, the company has stressed an AI-led approach and strengthened its sales relationships with large clients. A broad client base in financial services provides recurring revenue, and its investments in cloud and data skills support growth.

How has SJS Enterprises performed financially?

Ans. Revenue rose from Rs 374 crore in FY22 to Rs 973 crore in FY26, a compound annual growth rate of 27.0%. Net profit grew from Rs 55.0 crore in FY22 to Rs 172 crore in FY26, which works out to a compound annual growth rate of 32.9%. In the June 2026 quarter, revenue grew 25.3% year on year to Rs 266 crore, while net profit rose 115.0% to Rs 74.4 crore. The company has a return on equity of 19.7%, a debt to equity ratio of 0.03 and a market capitalisation of Rs 6,459 crore. The stock trades at a P/E of 30.5, below the industry P/E of 36.9. Looking ahead, premium finishes, electric vehicle styling and a rising number of parts per vehicle widen its addressable market. The company has also acquired overseas and domestic businesses, which deepen its product range and customer mix.

What risks should investors check before buying steel tube, IT services and vehicle trim stocks?

Ans. Investors should check a few risks before buying steel tube, IT services and vehicle trim stocks. Order timing. Project awards can shift between periods. Client spending. Technology budgets can vary with global conditions. 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 tube, IT services and vehicle trim stocks investment advice?

Ans. No. This article is educational and uses publicly available data as of the 5 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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