Share Market Analysis of Electrical Equipments Companies

Today is 7th January 2025,

you are going to get info on Electrical Equipments related companies in this blog.

Read the whole article because it’s a very long article but you will find good basic knowledge.

So let’s get started with some EPS, ROCE, ROE related stats of some Electrical Equipments related companies.

Stats of some Electrical Equipment Companies :

Here’s the rewritten table focusing only on ROCE, Debt/Equity, EPS, Dividend Yield, and P/E Ratio for quick analysis:

S.No.	Name	P/E	ROCE %	Debt/Equity	EPS 12M Rs.	Div Yld %
1	Siemens	84.98	25.59	0.02	76.28	0.15
2	ABB	84.21	30.69	0.01	79.37	0.35
3	CG Power & Ind	122.57	46.63	0.01	9.45	0.18
4	Suzlon Energy	83.50	24.93	0.06	0.71	0.00
5	Waaree Energies	80.54	43.63	0.20	62.76	0.00
6	BHEL	176.06	3.37	0.38	1.28	0.11
7	Hitachi Energy	312.69	17.85	0.25	47.03	0.03
8	Premier Energies	254.90	25.23	0.55	8.78	0.00
9	GE Vernova T&D	130.00	23.14	0.03	15.42	0.10
10	Apar Industries	55.19	43.96	0.13	211.54	0.44
11	Triveni Turbine	76.98	38.32	0.01	9.91	0.34
12	Inox Wind	118.16	4.26	1.33	1.48	0.00
13	TRIL	154.23	79.55	0.22	8.25	0.02
14	V-Guard Industries	71.49	16.10	0.11	5.98	0.33
15	Schneider Electric	92.57	37.02	1.29	8.24	0.00
16	Volt.Transform.	28.99	31.56	0.00	339.35	0.91
17	Websol Energy	146.38	-14.26	0.84	-11.73	0.00
18	Insolation Energy	68.23	47.81	0.41	48.82	0.00
19	TD Power Systems	51.07	25.37	0.00	8.68	0.25
20	Shilchar Tech.	58.38	74.65	0.00	141.37	0.15
21	Ujaas Energy	100.01	14.04	0.23	3.50	0.00
22	Bharat Bijlee	34.20	10.62	0.06	107.02	0.96
23	Servotech Power	177.74	10.92	0.45	0.92	0.03
24	Indo Tech Transformers	60.34	34.49	0.02	56.38	0.00
25	Marsons	270.76	2.37	0.04	0.78	0.00
26	HPL Electric	55.90	11.11	0.75	9.98	0.18
27	Spectrum Electric	163.40	16.11	0.52	13.92	0.04
28	Marine Electric	94.71	15.39	0.23	2.80	0.08
29	Exicom Tele-Systems	76.39	19.99	0.85	3.35	0.00
30	Honda India	42.75	15.48	0.00	67.84	0.63

Here are more companies related with Electrical Equipments :

S.No.	Name	P/E	ROCE %	Debt/Equity	EPS 12M Rs.	Div Yld %
31	Salzer Electron.	1466.10	40.47	0.68	36.41	12.75
32	Jyoti Structures	25.68	84.64	0.32	-36.96	1.25
33	Danish Power	1174.35	60.84	0.00	60.24	28.37
34	Ravindra Energy	129.70	-83.78	0.60	-3.65	4.35
35	Igarashi Motors	711.55	98.97	0.33	7.20	4.74
36	Alpex Solar	852.60	51.93	0.21	18.00	13.21
37	IKIO Lighting	246.19	35.30	0.41	6.97	12.52
38	Swelect Energy	989.60	57.33	0.74	38.78	1.90
39	Solex Energy	1334.80	68.37	0.56	20.12	4.95
40	Rishabh Instrum.	331.45	75.53	0.21	4.66	5.59
41	Kirl. Electric	186.50	309.43	0.96	2.10	2.24
42	ICE Make Refrig.	751.15	47.97	0.74	15.75	14.09
43	Concord Control	1717.50	71.76	0.52	25.21	43.04
44	Australian Prem	527.40	62.45	0.14	8.44	10.29
45	RMC Switchgears	1001.60	60.45	0.70	16.57	12.02
46	Yash Highvoltage	315.70	74.93	0.28	39.21	18.57
47	Focus Lighting	127.39	25.16	0.09	5.18	24.35
48	Artemis Electri.	27.61	224.31	0.15	0.12	3.45
49	Viviana Power	1078.00	75.98	0.40	14.20	14.99
50	Modern Insulator	132.60	15.19	0.01	10.03	6.84

Here are few more companies :

Here’s the rewritten table focusing on EPS, CMP, ROE, ROA, Debt/Equity, and Dividend Yield :

S.No.	Name	CMP Rs.	EPS 12M Rs.	ROE %	ROA 12M %	Debt / Eq	Div Yld %
51	Sahaj Solar	539.00	16.32	53.21	11.13	0.03	0.00
52	Modison	182.76	6.03	8.88	12.44	0.23	1.37
53	Power & Instrum.	360.25	6.66	12.21	5.50	0.18	0.06
54	Supreme Power	228.15	5.87	30.45	17.40	0.03	0.00
55	High Energy Bat.	618.80	14.09	22.22	27.93	0.08	0.48
56	Shivalic	230.00	7.11	33.83	15.02	0.05	0.00
57	S & S Power Swit	395.25	6.33	–	3.47	0.35	0.00
58	Kaycee Inds.	1405.45	18.59	20.55	24.28	0.15	0.09
59	Saakshi Medtech	218.00	5.22	16.68	10.10	0.14	0.00
60	Taylormade Renew	297.55	5.99	25.27	16.69	0.22	0.00
61	Aartech Solonics	100.38	1.09	2.05	1.55	0.13	0.25
62	Lak. Electrical	1242.00	18.88	5.05	6.86	0.04	1.21
63	GP Eco	260.80	8.33	47.36	13.43	0.42	0.00
64	Akanksha Power	159.75	1.44	8.71	4.27	0.45	0.00
65	Star Delta Trans	908.85	33.30	16.32	23.24	0.07	0.00

More companies with EPS, ROCE, Debt/Equity ratio :

S.No.	Name	CMP Rs.	EPS 12M Rs.	ROE %	ROA 12M %	Debt / Eq	Div Yld %
66	RTS Power Corpn.	291.70	41.66	53.03	78.79	5.25	7.00
67	Amba Enterprises	205.50	38.09	86.82	21.58	5.39	18.74
68	Veto Switchgears	131.17	14.03	74.28	12.02	9.24	7.49
69	Trom	240.50	28.21	46.24	66.33	77.80	10.23
70	Surana Solar	43.95	380.58	14.28	2.59	2.57	2.68
71	Jyoti	91.07	18.98	41.63	4.46	4.96	–
72	JSL Industries	1664.00	27.86	12.25	22.17	16.80	59.72
73	Kundan Edifice	147.50	46.05	47.89	18.17	14.78	3.20
74	Rexnord Electrical	113.95	24.10	27.15	14.98	11.64	5.62
75	Electro Force	53.95	–	15.58	7.28	-0.54	12.99
76	Sungarner Energ.	520.00	74.43	12.04	7.28	16.31	6.99
77	Alfa Transformer	119.90	102.54	17.11	11.50	41.85	1.17
78	Tarapur Trans	47.88	7.12	0.00	-4.37	6.81	–
79	Vdeal	175.50	27.60	9.23	42.29	64.06	9.49
80	Dhanashree Elect	59.00	23.85	17.03	12.51	10.72	2.47
81	Cospower Engine.	520.00	86.67	7.05	8.12	1.54	10.33
82	Agni Green	38.70	180.01	16.16	5.34	1.08	0.22
83	Epic Energy	99.20	95.39	0.69	4.18	5.49	1.04
84	Integra Switch	221.85	–	0.00	-7.30	-10.76	-0.75
85	Ampvolts	68.64	–	0.54	-15.41	-19.84	-0.54
86	Advance Meter.	39.18	–	-23.19	-1.17	-2.23	-0.04
87	Maks Energy	42.00	45.52	34.05	9.16	3.70	1.02
88	Switching Tech.	102.20	–	-16.46	-100.11	-11.59	–
89	Bright Solar	3.90	–	-52.68	-10.91	-11.48	-2.40
90	Cont. Controls	12.67	389.22	0.00	-7.82	-14.00	0.03

Share Market Analysis of Electrical Equipments related companies given in the table :

1. Companies with Strong Profitability and Growth:

Trom

• P/E: 28.21 (Moderate valuation)
• Profit Var: 98.71% (Excellent profit growth)
• Sales Var: 66.33% (Strong sales growth)
• ROCE: 23.24% (High capital efficiency)
• ROA: 22.58% (Strong asset utilization)
• Debt/Equity: 0.08 (Low financial leverage)
• EPS: 10.23 (High earnings per share)
• ROE: 77.80% (Exceptional return on equity)

Analysis: Trom is doing very well across almost all financial metrics. High ROE, ROA, and sales/profit growth indicate excellent operational efficiency and profitability. The low debt ratio and strong EPS suggest a solid balance sheet and strong financial health.

Epic Energy

• P/E: 95.39 (High, suggesting market optimism)
• Profit Var: 1600% (Remarkable profit growth)
• Sales Var: 35.29% (Good sales growth)
• ROCE: 5.03% (Moderate capital efficiency)
• ROA: 4.18% (Moderate asset utilization)
• Debt/Equity: 0.00 (Zero debt, very low risk)
• EPS: 1.04 (Moderate earnings)
• ROE: 5.49% (Moderate return on equity)

Analysis: Epic Energy stands out due to extraordinary profit growth (1600%) and zero debt, making it an attractive investment in terms of risk. While the P/E ratio is high (indicating possible overvaluation), the profit growth is impressive.

2. Companies with Strong Capital Efficiency (ROCE):

Trom (Again, strong performance in ROCE)

• ROCE: 23.24%

Sahaj Solar

• P/E: 45.00 (High)
• Profit Var: 61.14% (Solid profit growth)
• Sales Var: 39.35% (Good sales growth)
• ROCE: 39.35% (Extremely high capital efficiency)
• ROA: 11.13% (Moderate asset utilization)
• Debt/Equity: 0.03 (Very low debt)
• EPS: 16.32 (Strong earnings per share)
• ROE: 53.21% (Strong return on equity)

Analysis: Sahaj Solar is a standout in terms of capital efficiency (ROCE) and return on equity (ROE). Its low debt levels and strong profit margins suggest it is managing its capital and assets very effectively.

3. Companies with Strong Financial Health (Low Debt):

Trom (Low debt)

• Debt/Equity: 0.08

Sahaj Solar

• Debt/Equity: 0.03 (Very low financial leverage)

Modison

• Debt/Equity: 0.23 (Low debt)

Analysis: These companies have relatively low debt levels, making them more financially stable and less risky in case of market downturns. Sahaj Solar stands out due to its exceptionally low debt-to-equity ratio, which minimizes financial risk.

4. Companies with High Return on Equity (ROE):

Trom

• ROE: 77.80% (Outstanding return on equity)

Sahaj Solar

• ROE: 53.21% (Very strong ROE)

Analysis: Trom and Sahaj Solar are performing exceptionally well in generating returns for their shareholders. A high ROE indicates strong profitability and efficient use of equity capital.

5. Companies with Strong Earnings Per Share (EPS):

Trom

• EPS: 10.23

Sahaj Solar

• EPS: 16.32 (Strong earnings per share)

Analysis: Sahaj Solar stands out with the highest EPS among the listed companies, reflecting solid profitability. Tromalso has a strong EPS, showcasing its solid earnings power.

6. Best Overall Performers (Based on multiple strong metrics):

• Trom: High profit growth, strong capital efficiency (ROCE), strong EPS, high ROE, and low debt. It seems to be an all-around performer.
• Sahaj Solar: Excellent ROCE, low debt, strong EPS, and high ROE. Also, strong sales and profit growth.
• Epic Energy: Extremely high profit growth, zero debt, and a strong sales growth rate, though its P/E ratio is quite high.

7. Riskier Companies At The Moment (Negative or Low Metrics):

• Switching Tech.: Negative ROA, high negative sales growth, and high debt/equity ratio.
• Bright Solar: Negative sales growth and very low market cap.
• Dhanashree Elect.: Poor ROE, low ROCE, and moderate debt/equity ratio.

These companies show signs of underperformance in terms of returns on assets, capital, and equity, or face difficulties in generating profit and sales growth.

the top performers in key areas such as profitability, sales growth, capital efficiency (ROCE), and financial stability.

Top Performers in Key Categories:

1. Siemens

• P/E: 84.98 (High valuation but shows strong growth expectations)
• ROCE: 25.59% (Strong capital efficiency)
• ROA: 11.40% (Healthy asset utilization)
• EPS: 76.28 (Strong earnings)
• ROE: 19.10% (Good return on equity)
• Quarterly Profit Var: 45.41% (Strong profit growth)
• Quarterly Sales Var: 11.25% (Solid sales growth)

Analysis: Siemens stands out for its strong capital efficiency (ROCE), solid profitability (ROE), and robust profit growth. Though its P/E ratio is on the higher side, the company is performing exceptionally well in terms of profitability and growth.

2. A B B

• P/E: 84.21 (High but indicating growth expectations)
• ROCE: 30.69% (Very strong capital efficiency)
• ROA: 12.28% (Good asset utilization)
• EPS: 79.37 (High earnings)
• ROE: 22.92% (High return on equity)
• Quarterly Profit Var: 21.68% (Good profit growth)
• Quarterly Sales Var: 5.16% (Stable sales growth)

Analysis: A B B excels in ROCE and ROE, which suggests excellent profitability and efficient capital use. It also shows strong earnings with good sales growth, making it a solid performer in the sector.

3. Waaree Energies

• P/E: 80.54 (High but still reasonable compared to peers)
• ROCE: 43.63% (Exceptional capital efficiency)
• ROA: 10.90% (Solid asset utilization)
• EPS: 62.76 (Strong earnings)
• ROE: 33.35% (Exceptional return on equity)
• Quarterly Profit Var: 14.78% (Solid profit growth)
• Quarterly Sales Var: 1.05% (Stable sales growth)

Analysis: Waaree Energies demonstrates impressive capital efficiency (ROCE) and profitability (ROE), along with strong earnings. It is a top performer in terms of ROE and sales growth, even with a relatively high P/E ratio.

4. BHEL

• P/E: 176.06 (Very high, but market is expecting substantial growth)
• ROCE: 3.37% (Low capital efficiency)
• ROA: 0.47% (Very low asset utilization)
• EPS: 1.28 (Low earnings)
• ROE: 1.13% (Very low return on equity)
• Quarterly Profit Var: 268.47% (Strong profit growth)
• Quarterly Sales Var: 28.46% (Strong sales growth)

Analysis: While BHEL shows outstanding quarterly profit and sales growth, its low ROCE, ROA, and ROE indicate inefficiencies in utilizing capital and assets. The extremely high P/E ratio suggests high expectations, but the underlying financial health is weak.

5. Schneider Electric

• P/E: 92.57 (High valuation)
• ROCE: 37.02% (Excellent capital efficiency)
• ROA: 11.96% (Good asset utilization)
• EPS: 8.24 (Moderate earnings)
• ROE: 126.24% (Exceptional return on equity)
• Quarterly Profit Var: 17.26% (Good profit growth)
• Quarterly Sales Var: 20.96% (Strong sales growth)

Analysis: Schneider Electric stands out with an exceptional ROE, indicating very high profitability relative to its equity. It also shows good sales and profit growth, making it a top pick in the capital goods sector.

6. Hitachi Energy

• P/E: 312.69 (Extremely high, indicating extremely high growth expectations)
• ROCE: 17.85% (Good capital efficiency)
• ROA: 3.80% (Moderate asset utilization)
• EPS: 47.03 (Solid earnings)
• ROE: 12.74% (Strong return on equity)
• Quarterly Profit Var: 111.36% (Massive profit growth)
• Quarterly Sales Var: 26.53% (Strong sales growth)

Analysis: Hitachi Energy shows impressive profit and sales growth, though the P/E ratio is exceptionally high, suggesting it may be overvalued. However, its strong quarterly growth and good profitability metrics make it worth monitoring for future potential.

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Summary of Top Performers:

1. Waaree Energies and A B B lead with exceptional ROCE, ROE, and strong earnings growth.
2. Siemens is also a solid choice due to its profitability, capital efficiency, and steady sales growth.
3. Schneider Electric is a standout in ROE, with solid profit growth, though its valuation is high.
4. Hitachi Energy shows massive profit growth, but its valuation is extremely high.

Why Capital Goods – Electrical Equipment companies can be a good Investment :

Investing in electrical equipment companies can be an attractive option for several reasons, especially in the context of long-term growth. Here’s why this sector is worth considering:

1. Growth in Infrastructure and Industrialization

• Rising Demand for Energy: With increasing urbanization, industrialization, and population growth, the demand for energy is constantly growing. Electrical equipment companies that manufacture products such as transformers, cables, circuit breakers, and power systems are essential to meet this demand.
• Smart Grids and Renewable Energy: The global push towards smarter energy solutions, including smart grids, renewable energy sources (like solar and wind), and electric vehicles (EVs), requires advanced electrical equipment. Companies involved in these technologies stand to benefit significantly.

2. Government Policies and Sustainability Focus

• Government Initiatives: Many governments around the world are heavily investing in energy infrastructure and renewable energy to combat climate change. For instance, India’s push for renewable energy and electric vehicles creates a solid growth foundation for companies like Siemens, BHEL, and Waaree Energies.
• Sustainability and Green Energy: There is a global shift towards reducing carbon footprints and adopting sustainable practices. Electrical equipment companies producing energy-efficient solutions or products for green energy (solar panels, energy storage systems) benefit from these long-term trends.

3. Technological Advancements and Innovation

• Smart Technologies: The adoption of IoT, artificial intelligence, and automation in the energy sector drives the demand for innovative electrical equipment. Companies that embrace these technologies can differentiate themselves by providing advanced solutions, giving them a competitive edge.
• Electric Vehicles (EVs): As electric vehicles become more popular, the need for charging infrastructure and energy management systems increases. This is a significant growth area for companies involved in electrical equipment and energy systems.

4. Stable Demand for Essential Products

• Diversification of Products: Electrical equipment spans a wide range of products and industries, from power generation, transmission, and distribution to consumer electronics, industrial applications, and more. The stable demand across these sectors makes the industry relatively less volatile.
• Ongoing Maintenance and Upgrades: As existing infrastructure ages, there is a constant need for maintenance, upgrades, and replacements of electrical equipment. This provides companies in the sector with a steady stream of revenue.

5. Strong Profit Margins

• High-Value Products: Electrical equipment companies often deal with high-value products, including transformers, switchgear, and automation systems. These products usually come with higher margins, especially if they cater to industrial, commercial, and governmental clients.
• Recurring Revenue Models: Many electrical equipment companies, especially those involved in energy infrastructure, have long-term contracts for service and maintenance. This creates a consistent revenue model beyond initial product sales.

6. Global Demand and Export Potential

• Global Market: Electrical equipment companies that produce high-quality products often have the opportunity to expand into international markets, especially in developing countries where infrastructure growth is a priority.
• Export of Advanced Technologies: Companies that manufacture specialized or high-tech electrical equipment can benefit from strong export opportunities to developed markets, where infrastructure development continues at a fast pace.

7. Resilience and Stability

• Low-Volatility Sector: While cyclical sectors like technology and automobiles may be highly sensitive to economic fluctuations, electrical equipment companies tend to be more stable. The essential nature of their products, combined with long-term demand trends (like energy transition and industrial growth), provides stability to investors.
• Inflation Hedge: With the need for upgrading and expanding infrastructure, companies in the electrical equipment sector are often able to pass on higher costs to customers, making them somewhat resilient to inflationary pressures.

8. Top Players and Market Leadership

• Companies like Siemens, Schneider Electric, and ABB are market leaders with strong brands, extensive patents, and cutting-edge technologies. Their track records of innovation, global presence, and solid financials make them safer bets in the long term.
• The sector is highly diversified, with players involved in various aspects of energy management, automation, and power systems. This diversification reduces the risk for investors by ensuring there are multiple growth avenues.

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Conclusion :

Investment Opportunities in Electrical Equipment

Given these growth drivers, investors in the electrical equipment sector can capitalize on:

• Renewable energy adoption
• Global energy infrastructure development
• Technological advances in automation and smart grids
• Government incentives for green technologies

The sector offers both short-term opportunities (through new contracts and projects) and long-term stability (as demand for infrastructure and energy-efficient solutions grows).

Happy Investing