3 Telecom Infrastructure, Power Utility and Gearbox Stocks With a Strong Future Roadmap: Pace Digitek, Torrent Power and Elecon Engineering Company

Telecom infrastructure, power utility and gearbox stocks give investors exposure to telecom networks, electricity supply and heavy machinery parts. Order flow, tariffs and margins decide how much of that demand turns into profit.

This list covers three telecom infrastructure, power utility and gearbox stocks: Pace Digitek for telecom infrastructure, solar and energy storage projects, Torrent Power for power generation from thermal, gas and renewable plants and electricity distribution in cities such as Ahmedabad, Surat and Agra and Elecon Engineering Company for industrial gearboxes and material handling equipment for steel, cement, power and port users. Every figure comes from the latest reported financials and the 14 October 2026 market close. Companies without complete current figures were left out.

Click Here – Get Free Investment Predictions

What Are Telecom Infrastructure, Power Utility and Gearbox Stocks?

Telecom infrastructure, power utility and gearbox stocks are shares of companies that make power equipment, run grids or fund projects. Results depend on order flow, network additions and execution, so execution and margins separate the stronger names.

Telecom Infrastructure, Power Utility and Gearbox Stocks at a Glance

The table compares size, valuation, return on equity and debt for the three telecom infrastructure, power utility and gearbox stocks as of the 14 Oct 2026 close.

Among power and engineering stocks, Torrent Power trades at a premium to the industry P/E, while Pace Digitek and Elecon Engineering trade at a discount.

Why Do Telecom Infrastructure, Power Utility and Gearbox Stocks Have a Strong Roadmap in India?

Telecom infrastructure, power utility and gearbox stocks have a strong roadmap in India because network and energy projects, rising power demand and factory capacity additions keep adding orders for these firms. Three drivers stand out.

• Network build-out: Telecom and solar projects need installation partners.
• Power demand: Cities and industries consume more electricity.
• Plant capacity: Steel, cement and ports buy gearboxes and handling gear.

Pace Digitek: Telecom and Energy Projects Anchor the Roadmap

Pace Digitek's roadmap rests on telecom infrastructure, solar and energy storage projects, with network and clean energy spending supporting orders.

FY26 revenue was Rs 2,687.38 crore, 9.1% higher than FY25. FY26 net profit rose 10.1% to Rs 307.26 crore. In Q1 FY27, net profit rose 14.3% to Rs 62.51 crore. Operating margin was 19.11% in FY26.

Debt to equity is 0.44 and return on equity is 13.48%. At a P/E of 11.08 against an industry P/E of 18.50, the stock trades below its industry multiple.

What to watch: The P/E of 11.08 against an industry P/E of 18.50 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.

Elecon Engineering Company: Gearboxes and Material Handling Build the Next Leg

Elecon Engineering's roadmap rests on industrial gearboxes and material handling equipment for steel, cement, power and port users, with industrial capex and replacement demand supporting orders.

Revenue grew from Rs 1,220.51 crore in FY22 to Rs 2,447.22 crore in FY26, a 100.5% rise, and FY26 revenue was 7.3% higher than FY25. FY26 net profit was Rs 341.15 crore. In Q1 FY27, revenue grew 4.9% to Rs 542.47 crore. Operating margin was 24.68% in FY26.

Debt to equity is 0.12 and return on equity is 14.79%. FY26 operating cash flow was Rs 314.22 crore against capital expenditure of Rs 119.51 crore. Elecon Engineering paid a dividend of Rs 2 per share for FY26, a yield of 0.48%. At a P/E of 39.59 against an industry P/E of 47.18, the stock trades below its industry multiple.

What to watch: The P/E of 39.59 against an industry P/E of 47.18 leaves valuation less stretched, so the next quarters' growth is the figure to follow.

Best Telecom Infrastructure, Power Utility and Gearbox Stocks in India: Pace Digitek vs Torrent Power vs Elecon Engineering on Key Financials

Among the best telecom infrastructure, power utility and gearbox stocks in India, Pace Digitek leads on the lowest P/E; Torrent Power leads on dividend yield; Elecon Engineering leads on FY26 operating margin and return on equity. The table puts the numbers side by side.

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

How to Evaluate Telecom Infrastructure, Power Utility and Gearbox Stocks to Buy Before You Invest

A short checklist keeps the research consistent when you screen telecom infrastructure, power utility and gearbox stocks and shortlist telecom infrastructure, power utility and gearbox 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.

Check the Univest Screener for live data on these telecom infrastructure, power utility and gearbox stocks

Risks to Consider Before Investing in Telecom Infrastructure, Power Utility and Gearbox 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 Pace Digitek, Torrent Power and Elecon Engineering 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.

Spreading money across several sectors and company sizes helps keep a portfolio steady, because each business responds differently to interest rates, commodity prices and consumer demand.

Investors who plan to hold for several years often review results twice a year, check whether management delivered on earlier guidance and compare progress with the original reasons for investing.

Final Take: Which Stock Has the Strongest Roadmap?

These three power and engineering stocks cover telecom infrastructure, electricity and gearboxes. Pace Digitek leads on the lowest P/E; Torrent Power leads on dividend yield; Elecon Engineering leads on FY26 operating margin and return on equity.

Across telecom infrastructure, power utility and gearbox 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 telecom infrastructure, power utility and gearbox stocks to buy discussed here.

FAQs on Telecom Infrastructure, Power Utility and Gearbox Stocks

Which are the best telecom infrastructure, power utility and gearbox stocks in India with a strong roadmap?

Ans. Pace Digitek, Torrent Power and Elecon Engineering Company stand out for their roadmaps in telecom infrastructure, electricity and gearboxes. Return on equity ranges from 12.67% to 14.79%.

Is Pace Digitek a good stock to buy now?

Ans. Pace Digitek has a debt to equity ratio of 0.44, a return on equity of 13.48% and a P/E of 11.08 against an industry P/E of 18.50. 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 Pace Digitek, Torrent Power and Elecon Engineering?

Ans. The P/E ratio is 11.08 for Pace Digitek (industry 18.50), 25.60 for Torrent Power (industry 22.17) and 39.59 for Elecon Engineering (industry 47.18). Only Torrent Power trades at or above the industry multiple.

Which of these telecom infrastructure, power utility and gearbox stocks has the highest return on equity?

Ans. Elecon Engineering Company has the highest return on equity at 14.79%, followed by Pace Digitek at 13.48% and Torrent Power at 12.67%.

What are the risks of investing in telecom infrastructure, power utility and gearbox stocks?

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

How did Pace Digitek, Torrent Power and Elecon Engineering perform in Q1 FY27?

Ans. Pace Digitek reported net profit rose 14.3% to Rs 62.51 crore. Torrent Power reported revenue of Rs 8,204.81 crore, up 2.4% year on year. Elecon Engineering Company reported revenue of Rs 542.47 crore, up 4.9% year on year.

Do telecom infrastructure, power utility and gearbox stocks pay dividends?

Ans. Torrent Power and Elecon Engineering pay dividends. The dividend yield is 1.65% for Torrent Power and 0.48% for Elecon Engineering, based on dividends declared for FY26.

How can I invest in telecom infrastructure, power utility and gearbox stocks in India?

Ans. You can buy telecom infrastructure, power utility and gearbox 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.