The EMS industry in India is growing rapidly, driven by supportive government policies, increasing demand for electronics, and a shift of global manufacturing to the country. India is positioning itself as a major electronics manufacturing hub with competitive costs, a skilled workforce, and rising export opportunities.
Syrma SGS Technologies Limited is one of India’s top electronics exporters, focusing on offering comprehensive, high-value solutions for design and production to international original equipment manufacturers.
With a market capitalization of Rs.15,853.27 crore, the shares of Syrma SGS Technology Limited closed at Rs.823.70, down by 1.37 percent from the previous day’s closing price of Rs.835.10.
In the first quarter of FY26, the company’s revenue from operations is Rs.943.9 crore, down from Rs.1,159.9 crore in the same quarter of FY25.The three-year CAGR of revenue is 54.85 percent. Net profit also rose to Rs.49.9 crore from Rs.20.3 crore a year earlier. The three-year CAGR of net profit is 47.79 percent.
The firm’s return on equity stands at 10.2 percent, while return on capital employed stands at 12.4 percent. With a P/E ratio of 75.56, which is higher than the industry average of 37.26, the stock appears to be valued higher compared to its peers.
The company focuses on designing and producing advanced electronic modules and solutions for various sectors. And they provide complete, end-to-end electronics manufacturing services, managing every step from initial prototyping to the mass production of products like PCBAs, cable harnesses, magnetics, and plastics.
With a market capitalization of Rs.48,048.43 crore, the shares of Kaynes Technology India Limited closed at Rs.7,167.70, up by 0.66 percent from the previous day’s closing price of Rs.7,120.85.
In the first quarter of FY26, the company’s revenue from operations is Rs.673.4 crore, up from Rs.503.9 crore in the same quarter of FY25. The three-year CAGR of revenue is 56.81 percent. Net profit also rose to Rs.74.6 crore from Rs.50.7 crore a year earlier. The three-year CAGR of net profit is 91.08 percent.
The firm’s return on equity stands at 10.7 percent, while return on capital employed stands at 14.3 percent. With a P/E ratio of 142.22, which is higher than the industry average of 37.26, the stock appears to be valued higher compared to its peers.
The company focuses on the operation of electronic products such as consumer electronics, lighting, home appliances, CCTVs, and mobile phones. In addition, they produce security surveillance equipment, wearable devices, audio equipment, and AC-PCBs.
With a market capitalization of Rs.1,09,524.28 crore, the shares of Dixon Technologies Limited closed at Rs.18,099.10, up by 0.35 percent from the previous day’s closing price of Rs.18,036.25.
In the first quarter of FY26, the company’s revenue from operations is Rs.12,835 crore, up from Rs.6,579 crore in the same quarter of FY25. The three-year CAGR of revenue is 53.73 percent. Net profit also rose to Rs.280 crore from Rs.139.7 crore a year earlier. The three-year CAGR of net profit is 53.73 percent.
The firm’s return on equity stands at 32.9 percent, while return on capital employed stands at 39.8 percent. With a P/E ratio of 125.32, which is higher than the industry average of 30.37, the stock appears to be valued higher compared to its peers.
The company is a top player in India’s Room Air Conditioner industry. They focus on making a variety of consumer products, including RAC units,provide cooling and heating solutions for vehicles.
With a market capitalization of Rs.26,824.96 crore, the shares of Amber Enterprise India Limited closed at Rs.7,915.05, up by 0.22 percent from the previous day’s closing price of Rs.7,897.65.
In the first quarter of FY26, the company’s revenue from operations is Rs.3,449.1 crore, up from Rs.2,401.2 crore in the same quarter of FY25. The three-year CAGR of revenue is 33.35 percent. Net profit also rose to Rs. 106 crore from Rs. 75 crore a year earlier. The three-year CAGR of net profit is 31.26 percent.
The firm’s return on equity stands at 11.3 percent, while return on capital employed stands at 14.5 percent. With a P/E ratio of 94.18, which is higher than the industry average of 54.56, the stock appears to be valued higher compared to its peers.
The company makes and assembles a wide variety of electronics and finished products for consumers. It includes items like air conditioners, color TVs, DVD players, air coolers, refrigerators, car parts made of plastic, sanitary ware, and washing machines.
With a market capitalization of Rs.15,725.65 crore, the shares of PG Electroplast Limited closed at Rs.568.25, down by 0.31 percent from the previous day’s closing price of Rs.570.
In the first quarter of FY26, the company’s revenue from operations is Rs.1,503.8 crore, up from Rs.1,320.6 crore in the same quarter of FY25. The three-year CAGR of revenue is 63.61 percent. Net profit also slipped to Rs.66.7 crore from Rs.84.9 crore a year earlier. The three-year CAGR of net profit is 98.18 percent.
The firm’s return on equity stands at 14.9 percent, while return on capital employed stands at 19.4 percent. With a P/E ratio of 57.97, which is higher than the industry average of 30.37, the stock appears to be valued higher compared to its peers.
