Is the Capital Goods - Mining Equipement sector outperforming NIFTY 500?
The 52-week sector comparison is unavailable. 1 of 3 covered companies currently have positive Mansfield relative strength versus NIFTY 500.
20-quarter listed-company comparison
Capital Goods - Mining Equipement Stocks in India
Capital Goods - Mining Equipement: AIA Engineering Ltd owns the largest revenue base; Tega Industries Ltd has the fastest current growth.
Nifty Capital Goods - Mining Equipement Index — Constituents & Performance
The Capital Goods - Mining Equipement companies below are the listed Indian Capital Goods - Mining Equipement universe this page tracks — the same constituent set people search for as the Nifty Capital Goods - Mining Equipement index. Every figure is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.
The sector itself · before any single company
How has Capital Goods - Mining Equipement moved against NIFTY 500?
The line below covers 5.1 years. Over the most recent two of them this sector is 14% behind NIFTY 500. Earnings across its companies grew 9% on average over the last four reported quarters.
ASLEEP · 1y −3.9%⚠Moving with the index1 of 3 companies ahead of NIFTY 500 by 5% or more over three months
RS — · 1/3 >200d (−1) · 1/3 lead (−1) · EPS 1/3↑
Capital Goods - Mining Equipement, equal-weighted, based at 200
NIFTY 500, same base, same start
trailing 12-month earnings per share rising
falling
Strength anatomy
MixedHow much of the sector is participating, how recently, and whether the movers score well.
Together1 of 3 stocks moving
Fresh0 crossed in the last 4 weeks
Backed by scoresmovers score +25 vs the sector average
Down the cap ladder — bar is now, tick is four weeks ago
Large
1/10
Mid
0/10
Small
0/1−1
Participation is not spreading downward this month; the larger companies are still carrying most of it.
Both lines start at 200 in the same week, so the distance between them is the whole story: the sector line is an equal-weighted index of its 3 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the sector taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.
Sector relative strength · before individual stocks
Is Capital Goods - Mining Equipement outperforming NIFTY 500?
The 52-week comparison of Capital Goods - Mining Equipement against NIFTY 500 is not available from the current market series. 1 of 3 covered companies currently beats NIFTY on Mansfield relative strength, so leadership inside the sector is broad. AIA Engineering Ltd is the strongest against the sector itself at +15.7%. Readings are as of 2026-07-19.
—Sector vs NIFTY 500 · 13 weeks
—Sector vs NIFTY 500 · 52 weeks
1/3Stocks leading NIFTY 500
2/3Stocks leading sector
Sector metric: 15.3 as of 2026-07-19 · CONSOLIDATION · falling.
The central tension: the companies with the most scale are not necessarily the companies creating the most change.
Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.
Bottom line
The 52-week sector comparison is unavailable. 1 of 3 covered companies currently have positive Mansfield relative strength versus NIFTY 500. AIA Engineering Ltd leads with revenue of ₹4,420 crore, based on 3 of 3 comparable companies through Mar 2026. Tega Industries Ltd has the fastest current revenue growth at 3.3%, across 3 of 3 comparable companies.
Which Capital Goods - Mining Equipement company is largest by revenue?
AIA Engineering Ltd leads with revenue of ₹4,420 crore, based on 3 of 3 comparable companies through Mar 2026.
Which Capital Goods - Mining Equipement company is growing fastest?
Tega Industries Ltd has the fastest current revenue growth at 3.3%, across 3 of 3 comparable companies.
Which Capital Goods - Mining Equipement company has the strongest 4-Factor Sector Score?
AIA Engineering Ltd ranks first at 72.9/100 with 92.6% evidence confidence. The score prioritizes research; it is not a buy recommendation.
Which Capital Goods - Mining Equipement company reports the most CAPEX?
Tega Industries Ltd reports the largest latest CAPEX at ₹8 crore, with 1 of 3 companies comparable.
Which Capital Goods - Mining Equipement company has the least gross debt?
AIA Engineering Ltd has the lowest comparable gross debt at ₹10 crore. Tega Industries Ltd has the highest at ₹398 crore.
Which Capital Goods - Mining Equipement company has the lowest comparable PEG?
AIA Engineering Ltd has the lowest comparable Guarded PEG at 0.73, among 3 of 3 companies that pass the metric’s comparability rules.
How much history does this Capital Goods - Mining Equipement comparison include?
The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.
How is the 4-Factor Sector Score calculated?
The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.
Companies
3
complete canonical membership
Combined market value
₹64.0K Cr
AIA Engineering Ltd
Revenue growing
3/3
positive TTM year-on-year growth
Beating NIFTY 500
1/3
positive Mansfield relative strength
Global company selection
00 · research priority, made explicit
4-Factor Sector Score
An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.
Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
AIA Engineering Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 92.6% evidence confidence.
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is guarded: positive earnings, positive 5–60% three-year EPS growth, and a positive P/E are required.
1. AIA Engineering Ltd · AIAENG
72.9/100 · Favorable setup · 93% evidence
Exact sum: 19.6 + 21.2 + 12.1 + 20 = 72.9
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
19.6/35Growth & earnings
Revenue 3.1% · PAT 19.7% · OPM change 3 pp
88% evidence
21.2/25Capital efficiency
ROCE 21.1% · debt/equity 0×
100% evidence
12.1/20Valuation
P/E 33.6× · PEG 0.73
85% evidence
20.0/20Relative strength
RS sector 15.7% · RS bench 22.6% · 1Y 38%
100% evidence
2. Elecon Engineering Company Ltd · ELECON
36.5/100 · Mixed-negative evidence · 84% evidence
Exact sum: 4.1 + 19.9 + 9.5 + 3 = 36.5
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
4.1/35Growth & earnings
Revenue 3% · PAT -54.4% · OPM change -6 pp
100% evidence
19.9/25Capital efficiency
ROCE 20.9% · debt/equity 0.12×
100% evidence
9.5/20Valuation
P/E 31.3× · PEG 1.81
50% evidence
3.0/20Relative strength
RS sector -21.5% · RS bench -7.4% · 1Y -22.7%
70% evidence
3. Tega Industries Ltd · TEGA
32.9/100 · Adverse evidence · 84% evidence
Exact sum: 6.4 + 12.3 + 2.2 + 12 = 32.9
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
6.4/35Growth & earnings
Revenue 3.3% · PAT -28.5% · OPM change -17 pp
83% evidence
12.3/25Capital efficiency
ROCE 8.1% · debt/equity 0.12×
95% evidence
2.2/20Valuation
P/E 82.2× · PEG 8.86
85% evidence
12.0/20Relative strength
RS sector 7.4% · RS bench -11.6% · 1Y -16.3%
70% evidence
01 · compare level, then change
Revenue Scale & Growth Durability
AIA Engineering Ltd has the highest Revenue among the 3 Capital Goods - Mining Equipement companies compared here, at ₹4,420 crore. Elecon Engineering Company Ltd is next at ₹2,397 crore. Tega Industries Ltd has the highest Revenue growth at 3.3%, so level and change sit with different companies. Its Revenue series carries 19 reported observations across the 20-quarter window.
What the numbers say: AIA Engineering Ltd is the scale leader at ₹4,420 crore, 84.4% ahead of Elecon Engineering Company Ltd. Tega Industries Ltd's growth is 3.3% from a ₹1,692 crore base, with 19 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.
LeaderAIA Engineering Ltd · ₹4,420 crore
Gap84.4% versus #2 · Elecon Engineering Company Ltd
Persistence5/8 recent comparable periods
Coverage3/3 companies · 58 observations
Investor read: AIA Engineering Ltd is the scale benchmark; Tega Industries Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.
This conclusion weakens if: AIA Engineering Ltd's growth falls below Tega Industries Ltd's for two consecutive comparable reports while operating margin also compresses.
Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1AIA Engineering Ltd AIAENG₹4.4K Cr
2Elecon Engineering Company Ltd ELECON₹2.4K Cr
3Tega Industries Ltd TEGA₹1.7K Cr
Revenue growthfastest growers
1Tega Industries Ltd TEGA3.3%
2AIA Engineering Ltd AIAENG3.1%
3Elecon Engineering Company Ltd ELECON3.1%
Revenue · company comparison
3/3 level · 3/3 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Revenue | Revenue growth | Reported |
|---|---|---|---|
| AIA Engineering Ltd AIAENG | ₹1.3K Cr | 9.4% | Mar 2026 |
| Tega Industries Ltd TEGA | ₹527 Cr | -1.7% | Mar 2026 |
| Elecon Engineering Company Ltd ELECON | ₹521 Cr | 6.1% | Jun 2026 |
Full 20-quarter history · every available company
Revenue · reported quarter history
AIA Engineering Ltd · AIAENG
₹885 Cr
₹848 Cr
₹1.1K Cr
₹1.1K Cr
₹1.3K Cr
₹1.2K Cr
₹1.3K Cr
₹1.2K Cr
₹1.3K Cr
₹1.2K Cr
₹1.2K Cr
₹1.0K Cr
₹1.0K Cr
₹1.1K Cr
₹1.2K Cr
₹1.0K Cr
₹1.0K Cr
₹1.1K Cr
₹1.3K Cr
—
Elecon Engineering Company Ltd · ELECON
₹310 Cr
₹271 Cr
₹338 Cr
₹328 Cr
₹389 Cr
₹389 Cr
₹425 Cr
₹414 Cr
₹485 Cr
₹474 Cr
₹565 Cr
₹392 Cr
₹508 Cr
₹529 Cr
₹798 Cr
₹491 Cr
₹578 Cr
₹552 Cr
₹746 Cr
₹521 Cr
Tega Industries Ltd · TEGA
₹231 Cr
₹258 Cr
₹290 Cr
₹244 Cr
₹276 Cr
₹297 Cr
₹396 Cr
₹268 Cr
₹377 Cr
₹340 Cr
₹507 Cr
₹340 Cr
₹353 Cr
₹409 Cr
₹536 Cr
₹356 Cr
₹405 Cr
₹404 Cr
₹527 Cr
—
Revenue growth · reported quarter history
AIA Engineering Ltd · AIAENG
—
—
—
46%
50%
45%
17%
15%
-2.6%
-4.7%
-9.7%
-18%
-19%
-8.8%
0.6%
1.9%
0.4%
0.1%
9.4%
—
Elecon Engineering Company Ltd · ELECON
—
—
—
—
25%
44%
26%
26%
25%
22%
33%
-5.3%
4.7%
12%
41%
25%
14%
4.4%
-6.5%
6.1%
Tega Industries Ltd · TEGA
—
—
—
41%
19%
15%
37%
9.8%
37%
14%
28%
27%
-6.4%
20%
5.7%
4.7%
15%
-1.2%
-1.7%
—
02 · compare level, then change
Operating Economics & Margin Trend
AIA Engineering Ltd has the highest OPM among the 3 Capital Goods - Mining Equipement companies compared here, at 29%. Elecon Engineering Company Ltd is next at 21%. The same company also holds the highest Margin change, at +3 percentage points. 3 of 3 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: AIA Engineering Ltd leads both opm at 29% and margin change at +3 percentage points.
LeaderAIA Engineering Ltd · 29%
Gap38.1% versus #2 · Elecon Engineering Company Ltd
Persistence3/8 recent comparable periods
Coverage3/3 companies · 58 observations
Investor read: AIA Engineering Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current margin change signal.
Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
1AIA Engineering Ltd AIAENG29%
2Elecon Engineering Company Ltd ELECON21%
3Tega Industries Ltd TEGA11%
Margin changefastest expanders
1AIA Engineering Ltd AIAENG+3.0 pp
2Elecon Engineering Company Ltd ELECON−6.0 pp
3Tega Industries Ltd TEGA−17.0 pp
Operating margin · company comparison
3/3 level · 3/3 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | OPM | Margin change | Reported |
|---|---|---|---|
| AIA Engineering Ltd AIAENG | 29% | +3.0 pp | Mar 2026 |
| Elecon Engineering Company Ltd ELECON | 21% | −6.0 pp | Jun 2026 |
| Tega Industries Ltd TEGA | 11% | −17.0 pp | Mar 2026 |
Full 20-quarter history · every available company
OPM · reported quarter history
AIA Engineering Ltd · AIAENG
18%
19%
21%
23%
23%
30%
25%
28%
30%
27%
26%
28%
26%
27%
26%
29%
28%
27%
29%
—
Elecon Engineering Company Ltd · ELECON
21%
19%
21%
20%
24%
23%
22%
24%
24%
25%
24%
24%
22%
27%
24%
27%
22%
20%
21%
21%
Tega Industries Ltd · TEGA
17%
20%
24%
19%
20%
23%
26%
15%
22%
16%
27%
19%
10%
22%
28%
16%
17%
11%
11%
—
Margin change · reported quarter history
AIA Engineering Ltd · AIAENG
−7.3 pp
−5.6 pp
+1.0 pp
−0.3 pp
+5.2 pp
+11.0 pp
+4.3 pp
+5.1 pp
+6.5 pp
−3.0 pp
+1.0 pp
0.0 pp
−4.0 pp
0.0 pp
0.0 pp
+1.0 pp
+2.0 pp
0.0 pp
+3.0 pp
—
Elecon Engineering Company Ltd · ELECON
−1.1 pp
+0.4 pp
−0.3 pp
−0.3 pp
+2.6 pp
+3.7 pp
+1.2 pp
+4.3 pp
+0.2 pp
+2.0 pp
+2.1 pp
0.0 pp
−2.0 pp
+2.0 pp
0.0 pp
+3.0 pp
0.0 pp
−7.0 pp
−3.0 pp
−6.0 pp
Tega Industries Ltd · TEGA
—
−2.3 pp
+1.6 pp
+5.3 pp
+2.5 pp
+3.2 pp
+2.2 pp
−3.9 pp
+2.4 pp
−7.0 pp
+1.0 pp
+4.0 pp
−12.0 pp
+6.0 pp
+1.0 pp
−3.0 pp
+7.0 pp
−11.0 pp
−17.0 pp
—
03 · compare level, then change
Profit Scale & Acceleration
AIA Engineering Ltd has the highest Net profit among the 3 Capital Goods - Mining Equipement companies compared here, at ₹1,268 crore. Elecon Engineering Company Ltd is next at ₹236 crore. The same company also holds the highest Profit growth, at 19.7%. 3 of 3 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: AIA Engineering Ltd leads with ₹1,268 crore of TTM profit, 437.3% above Elecon Engineering Company Ltd. AIA Engineering Ltd shows 19.7% growth from a ₹1,268 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.
LeaderAIA Engineering Ltd · ₹1,268 crore
Gap437.3% versus #2 · Elecon Engineering Company Ltd
Persistence5/8 recent comparable periods
Coverage3/3 companies · 58 observations
Investor read: AIA Engineering Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.
Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1AIA Engineering Ltd AIAENG₹1.3K Cr
2Elecon Engineering Company Ltd ELECON₹236 Cr
3Tega Industries Ltd TEGA₹143 Cr
Profit growthfastest growers
1AIA Engineering Ltd AIAENG20%
2Tega Industries Ltd TEGA-29%
3Elecon Engineering Company Ltd ELECON-54%
Net profit · company comparison
3/3 level · 3/3 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Net profit | Profit growth | Reported |
|---|---|---|---|
| AIA Engineering Ltd AIAENG | ₹393 Cr | 38% | Mar 2026 |
| Elecon Engineering Company Ltd ELECON | ₹70 Cr | -60% | Jun 2026 |
| Tega Industries Ltd TEGA | ₹43 Cr | -58% | Mar 2026 |
Full 20-quarter history · every available company
Net profit · reported quarter history
AIA Engineering Ltd · AIAENG
₹138 Cr
₹138 Cr
₹195 Cr
₹190 Cr
₹245 Cr
₹352 Cr
₹268 Cr
₹273 Cr
₹324 Cr
₹280 Cr
₹260 Cr
₹259 Cr
₹256 Cr
₹259 Cr
₹285 Cr
₹305 Cr
₹277 Cr
₹293 Cr
₹393 Cr
—
Elecon Engineering Company Ltd · ELECON
₹35 Cr
₹32 Cr
₹46 Cr
₹42 Cr
₹65 Cr
₹63 Cr
₹68 Cr
₹73 Cr
₹89 Cr
₹90 Cr
₹104 Cr
₹73 Cr
₹88 Cr
₹108 Cr
₹146 Cr
₹175 Cr
₹88 Cr
₹72 Cr
₹6 Cr
₹70 Cr
Tega Industries Ltd · TEGA
₹23 Cr
₹34 Cr
₹49 Cr
₹23 Cr
₹35 Cr
₹48 Cr
₹77 Cr
₹21 Cr
₹47 Cr
₹36 Cr
₹89 Cr
₹37 Cr
₹7 Cr
₹54 Cr
₹102 Cr
₹35 Cr
₹45 Cr
₹20 Cr
₹43 Cr
—
Profit growth · reported quarter history
AIA Engineering Ltd · AIAENG
—
—
—
28%
78%
155%
37%
44%
32%
-20%
-3.0%
-5.1%
-21%
-7.5%
9.6%
18%
8.2%
13%
38%
—
Elecon Engineering Company Ltd · ELECON
—
—
—
—
86%
97%
48%
74%
37%
43%
53%
0.0%
-1.1%
20%
40%
140%
0.0%
-33%
-96%
-60%
Tega Industries Ltd · TEGA
—
—
—
92%
52%
41%
57%
-8.7%
34%
-25%
16%
76%
-85%
50%
15%
-5.4%
543%
-63%
-58%
—
04 · compare level, then change
Capacity Spending & Returns On It
Tega Industries Ltd has the highest CAPEX among the 3 Capital Goods - Mining Equipement companies compared here, at ₹8 crore. The same company also holds the highest CAPEX intensity, at 3.5%. 1 of 3 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Tega Industries Ltd reports ₹8 crore of CAPEX; Tega Industries Ltd has the highest covered intensity at 3.5%. Coverage is only 1 of 3 companies and 1 reported observations, so this is partial evidence—not a complete sector rank.
LeaderTega Industries Ltd · ₹8 crore
GapNot enough peers
Persistence1/1 recent comparable periods
Coverage1/3 companies · 1 observations
Investor read: Use the CAPEX rank as a diligence queue. Verify commissioning, utilization, cash conversion and post-investment ROCE before treating spend as value creation.
This conclusion weakens if: CAPEX rises without higher utilization, operating cash flow or incremental returns.
CAPEX is cash spent on property, plant, equipment and other reported capital assets. CAPEX intensity divides that spend by revenue; high intensity is a reinvestment signal, not proof that the reinvestment will earn attractive returns.
CAPEXlargest spenders
1Tega Industries Ltd TEGA₹8 Cr
CAPEX intensityhighest reinvestment intensity
1Tega Industries Ltd TEGA3.5%
Capital expenditure · company comparison
1/3 level · 1/3 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | CAPEX | CAPEX intensity | Reported |
|---|---|---|---|
| Tega Industries Ltd TEGA | ₹8 Cr | 3.5% | Mar 2026 |
Full 20-quarter history · every available company
CAPEX · reported quarter history
Tega Industries Ltd · TEGA
₹8 Cr
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
CAPEX intensity · reported quarter history
Tega Industries Ltd · TEGA
3.5%
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
Annual capital allocation · 10-year view
3/3 capacity base · 3/3 OCF · 3/3 CAPEX · 3/3 FCF
Capacity base is net fixed assets plus capital work in progress, straight off the reported balance sheet. It is not cash spent, so it answers a narrower question than CAPEX — but it is reported for companies whose cash-flow CAPEX is not published, which is why it leads here. Missing years remain blank; annual values are never relabelled as quarters.
Full annual capacity base, operating cash flow, CAPEX and free cash flow history
Capacity base · net fixed assets + CWIP · fiscal-year history
AIA Engineering Ltd · AIAENG
₹713 Cr
₹768 Cr
₹905 Cr
₹922 Cr
₹972 Cr
₹1.0K Cr
₹1.1K Cr
₹1.2K Cr
₹1.3K Cr
₹1.2K Cr
Elecon Engineering Company Ltd · ELECON
₹863 Cr
₹835 Cr
₹804 Cr
₹799 Cr
₹758 Cr
₹740 Cr
₹754 Cr
₹770 Cr
₹921 Cr
₹953 Cr
Tega Industries Ltd · TEGA
₹304 Cr
₹292 Cr
₹288 Cr
₹275 Cr
₹303 Cr
₹308 Cr
₹560 Cr
₹611 Cr
₹671 Cr
₹772 Cr
Operating cash flow · fiscal-year history
AIA Engineering Ltd · AIAENG
₹231 Cr
₹294 Cr
₹190 Cr
₹679 Cr
₹598 Cr
₹-40 Cr
₹868 Cr
₹903 Cr
₹1.2K Cr
₹592 Cr
Elecon Engineering Company Ltd · ELECON
₹188 Cr
₹70 Cr
₹87 Cr
₹222 Cr
₹248 Cr
₹223 Cr
₹309 Cr
₹365 Cr
₹425 Cr
₹314 Cr
Tega Industries Ltd · TEGA
₹60 Cr
₹44 Cr
₹69 Cr
₹128 Cr
₹170 Cr
₹14 Cr
₹179 Cr
₹252 Cr
₹195 Cr
₹350 Cr
CAPEX · reported cash flow · fiscal-year history
AIA Engineering Ltd · AIAENG
₹75 Cr
₹121 Cr
₹216 Cr
₹115 Cr
₹144 Cr
₹120 Cr
₹203 Cr
₹192 Cr
₹153 Cr
₹110 Cr
Elecon Engineering Company Ltd · ELECON
₹10 Cr
₹25 Cr
₹17 Cr
₹48 Cr
₹11 Cr
₹31 Cr
₹63 Cr
₹67 Cr
₹212 Cr
₹136 Cr
Tega Industries Ltd · TEGA
₹97 Cr
₹21 Cr
₹34 Cr
₹25 Cr
₹68 Cr
₹44 Cr
₹293 Cr
₹115 Cr
₹161 Cr
₹196 Cr
Free cash flow · fiscal-year history
AIA Engineering Ltd · AIAENG
₹156 Cr
₹173 Cr
₹-26 Cr
₹564 Cr
₹454 Cr
₹-160 Cr
₹665 Cr
₹711 Cr
₹1.0K Cr
₹482 Cr
Elecon Engineering Company Ltd · ELECON
₹178 Cr
₹45 Cr
₹70 Cr
₹174 Cr
₹237 Cr
₹192 Cr
₹246 Cr
₹298 Cr
₹213 Cr
₹178 Cr
Tega Industries Ltd · TEGA
₹-37 Cr
₹23 Cr
₹35 Cr
₹103 Cr
₹102 Cr
₹-30 Cr
₹-114 Cr
₹137 Cr
₹34 Cr
₹154 Cr
05 · compare level, then change
Debt Load & Balance-Sheet Headroom
AIA Engineering Ltd has the lowest Gross debt among the 3 Capital Goods - Mining Equipement companies compared here, at ₹10 crore. Elecon Engineering Company Ltd is next at ₹273 crore. The same company also holds the lowest Net debt, at ₹4,374 crore net cash. 3 of 3 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: AIA Engineering Ltd has the clearest covered balance-sheet capacity with ₹4,374 crore net cash and gross debt of ₹10 crore. Absolute debt alone does not identify the strongest balance sheet because company scale differs; net debt and debt-to-equity carry more information.
LeaderAIA Engineering Ltd · ₹10 crore
Gap96.3% versus #2 · Elecon Engineering Company Ltd
Persistence8/8 recent comparable periods
Coverage3/3 companies · 56 observations
Investor read: Prioritize net-cash capacity and leverage relative to operating scale, not the smallest absolute rupee debt.
This conclusion weakens if: Net debt rises faster than revenue and profit for two consecutive reported periods.
Gross debt shows contractual borrowings. Net debt subtracts reported cash; a negative value means net cash. Lower debt can create capacity, but should be read against the scale and capital intensity of the business.
Gross debtlowest gross debt
1AIA Engineering Ltd AIAENG₹10 Cr
2Elecon Engineering Company Ltd ELECON₹273 Cr
3Tega Industries Ltd TEGA₹398 Cr
Net debtlowest net debt
1AIA Engineering Ltd AIAENG₹-4.4K Cr
2Tega Industries Ltd TEGA₹-1.9K Cr
3Elecon Engineering Company Ltd ELECON₹-567 Cr
Debt and balance-sheet capacity · company comparison
3/3 level · 3/3 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Gross debt | Net debt | Reported |
|---|---|---|---|
| Tega Industries Ltd TEGA | ₹398 Cr | ₹-1.9K Cr | Mar 2026 |
| Elecon Engineering Company Ltd ELECON | ₹273 Cr | ₹-567 Cr | Jun 2026 |
| AIA Engineering Ltd AIAENG | ₹10 Cr | ₹-4.4K Cr | Mar 2026 |
Full 20-quarter history · every available company
Gross debt · reported quarter history
AIA Engineering Ltd · AIAENG
₹245 Cr
₹245 Cr
₹10 Cr
₹10 Cr
₹467 Cr
₹467 Cr
₹503 Cr
₹503 Cr
₹484 Cr
₹484 Cr
₹461 Cr
₹461 Cr
₹126 Cr
₹126 Cr
₹491 Cr
₹491 Cr
₹1.0K Cr
₹1.0K Cr
₹10 Cr
—
Elecon Engineering Company Ltd · ELECON
₹243 Cr
₹243 Cr
₹151 Cr
₹151 Cr
₹57 Cr
₹57 Cr
₹52 Cr
₹52 Cr
₹45 Cr
₹45 Cr
₹70 Cr
₹70 Cr
₹118 Cr
₹118 Cr
₹181 Cr
₹181 Cr
₹258 Cr
₹258 Cr
₹273 Cr
₹273 Cr
Tega Industries Ltd · TEGA
—
—
₹245 Cr
₹245 Cr
₹227 Cr
₹227 Cr
₹361 Cr
₹361 Cr
₹344 Cr
₹344 Cr
₹308 Cr
₹308 Cr
₹288 Cr
₹288 Cr
₹330 Cr
₹330 Cr
₹305 Cr
₹305 Cr
₹398 Cr
—
Net debt · reported quarter history
AIA Engineering Ltd · AIAENG
₹-1.9K Cr
₹-1.9K Cr
₹-1.5K Cr
₹-1.6K Cr
₹-1.7K Cr
₹-1.7K Cr
₹-2.6K Cr
₹-2.6K Cr
₹-2.9K Cr
₹-2.9K Cr
₹-3.1K Cr
₹-3.1K Cr
₹-3.2K Cr
₹-3.2K Cr
₹-3.8K Cr
₹-3.8K Cr
₹-4.2K Cr
₹-4.2K Cr
₹-4.4K Cr
—
Elecon Engineering Company Ltd · ELECON
₹96 Cr
₹96 Cr
₹64 Cr
₹39 Cr
₹-49 Cr
₹-49 Cr
₹-177 Cr
₹-177 Cr
₹-312 Cr
₹-312 Cr
₹-408 Cr
₹-408 Cr
₹-414 Cr
₹-414 Cr
₹-544 Cr
₹-544 Cr
₹-561 Cr
₹-561 Cr
₹-567 Cr
₹-567 Cr
Tega Industries Ltd · TEGA
—
—
₹56 Cr
₹30 Cr
₹7 Cr
₹7 Cr
₹151 Cr
₹152 Cr
₹22 Cr
₹22 Cr
₹-27 Cr
₹-27 Cr
₹-41 Cr
₹-41 Cr
₹-24 Cr
₹-31 Cr
₹-107 Cr
₹-107 Cr
₹-1.9K Cr
—
06 · compare level, then change
Return On Capital Employed
AIA Engineering Ltd has the highest ROCE among the 3 Capital Goods - Mining Equipement companies compared here, at 21.1%. Elecon Engineering Company Ltd is next at 20.9%. The same company also holds the highest ROCE change, at -0.8 percentage points. 3 of 3 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: AIA Engineering Ltd leads ROCE at 21.1%, 0.2 percentage points above Elecon Engineering Company Ltd. AIA Engineering Ltd has the strongest latest improvement at -0.8 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.
LeaderAIA Engineering Ltd · 21.1%
Gap1% versus #2 · Elecon Engineering Company Ltd
Persistence1/8 recent comparable periods
Coverage3/3 companies · 45 observations
Investor read: AIA Engineering Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current roce change signal.
ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
1AIA Engineering Ltd AIAENG21%
2Elecon Engineering Company Ltd ELECON21%
3Tega Industries Ltd TEGA8.1%
ROCE changefastest improvers
1AIA Engineering Ltd AIAENG−0.8 pp
2Tega Industries Ltd TEGA−11.6 pp
3Elecon Engineering Company Ltd ELECON−18.6 pp
Return on capital · company comparison
3/3 level · 3/3 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | ROCE | ROCE change | Reported |
|---|---|---|---|
| Elecon Engineering Company Ltd ELECON | 15% | −18.6 pp | Jun 2026 |
| AIA Engineering Ltd AIAENG | 14% | −0.8 pp | Mar 2026 |
| Tega Industries Ltd TEGA | 3.8% | −11.6 pp | Mar 2026 |
Full 20-quarter history · every available company
ROCE · reported quarter history
AIA Engineering Ltd · AIAENG
13%
—
13%
—
17%
—
20%
—
21%
27%
18%
24%
17%
22%
15%
21%
14%
22%
14%
—
Elecon Engineering Company Ltd · ELECON
19%
—
18%
—
20%
—
21%
—
23%
31%
25%
30%
22%
29%
22%
34%
21%
29%
17%
15%
Tega Industries Ltd · TEGA
—
—
17%
—
21%
—
19%
—
19%
24%
19%
23%
15%
21%
15%
19%
17%
19%
3.8%
—
ROCE change · reported quarter history
AIA Engineering Ltd · AIAENG
—
—
—
—
+3.6 pp
—
+6.9 pp
—
+4.5 pp
—
−1.6 pp
—
−4.6 pp
−5.3 pp
−3.5 pp
−2.9 pp
−2.1 pp
+0.3 pp
−0.8 pp
—
Elecon Engineering Company Ltd · ELECON
—
—
—
—
+0.7 pp
—
+2.8 pp
—
+3.4 pp
—
+4.4 pp
—
−1.1 pp
−2.1 pp
−2.5 pp
+3.7 pp
−1.1 pp
−0.2 pp
−5.9 pp
−18.6 pp
Tega Industries Ltd · TEGA
—
—
—
—
—
—
+1.3 pp
—
−2.5 pp
—
0.0 pp
—
−4.2 pp
−3.3 pp
−3.1 pp
−3.6 pp
+1.9 pp
−2.1 pp
−11.6 pp
—
07 · compare level, then change
Valuation Against Growth & Quality
AIA Engineering Ltd has the lowest Guarded PEG among the 3 Capital Goods - Mining Equipement companies compared here, at 0.73×. Elecon Engineering Company Ltd is next at 1.81×. Elecon Engineering Company Ltd has the lowest P/E at 31.3×, so level and change sit with different companies. 3 of 3 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: AIA Engineering Ltd has the lowest comparable Guarded PEG at 0.73×, 59.7% below Elecon Engineering Company Ltd. Only 3 of 3 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.
LeaderAIA Engineering Ltd · 0.73×
Gap59.7% versus #2 · Elecon Engineering Company Ltd
Persistence0/8 recent comparable periods
Coverage3/3 companies · 33 observations
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/e signal.
PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data sources reconciled. A missing PEG is more honest than a low-base fiction.
Guarded PEGlowest PEG
1AIA Engineering Ltd AIAENG0.7
2Elecon Engineering Company Ltd ELECON1.8
3Tega Industries Ltd TEGA8.9
P/Elowest P/E
1Elecon Engineering Company Ltd ELECON31.3
2AIA Engineering Ltd AIAENG33.6
3Tega Industries Ltd TEGA82.2
Valuation · company comparison
3/3 level · 3/3 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Guarded PEG | P/E | Reported |
|---|---|---|---|
| Tega Industries Ltd TEGA | 8.9 | 56.5 | Mar 2026 |
| Elecon Engineering Company Ltd ELECON | 1.8 | 33.1 | Jun 2026 |
| AIA Engineering Ltd AIAENG | 0.7 | 27.7 | Mar 2026 |
Full 20-quarter history · every available company
Guarded PEG · reported quarter history
AIA Engineering Ltd · AIAENG
—
—
—
3.5
1.6
1.0
0.7
—
—
0.5
—
4.6
—
—
2.9
1.6
—
2.4
0.7
—
Elecon Engineering Company Ltd · ELECON
—
0.6
0.4
—
—
—
—
—
—
0.8
0.6
0.9
1.4
2.2
0.7
2.1
—
—
1.8
—
Tega Industries Ltd · TEGA
—
3.9
1.0
—
0.5
0.6
0.5
0.7
0.9
—
2.9
11.1
4.3
1.2
3.7
—
—
—
8.9
—
P/E · reported quarter history
AIA Engineering Ltd · AIAENG
31.3
30.6
28.4
33.2
35.8
31.5
27.9
28.6
29.1
28.6
32.3
34.7
36.0
30.5
30.4
29.4
25.9
32.2
27.7
—
Elecon Engineering Company Ltd · ELECON
18.1
17.4
12.8
20.9
24.7
22.1
19.8
27.5
32.3
35.6
33.3
42.0
43.8
40.6
27.1
35.5
28.3
23.9
20.2
33.1
Tega Industries Ltd · TEGA
—
24.6
19.4
24.0
26.8
27.3
29.9
35.0
33.9
39.3
45.4
56.2
57.9
61.0
52.3
53.5
64.5
64.5
56.5
—
08 · compare level, then change
Enterprise Value & Book Value
Elecon Engineering Company Ltd has the lowest EV/EBITDA among the 3 Capital Goods - Mining Equipement companies compared here, at 19.6×. AIA Engineering Ltd is next at 19.9×. Tega Industries Ltd has the lowest P/BV at 3.44×, so level and change sit with different companies. 3 of 3 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: Elecon Engineering Company Ltd leads ev/ebitda at 19.6×; Tega Industries Ltd leads p/bv at 3.44×.
LeaderElecon Engineering Company Ltd · 19.6×
Gap1.5% versus #2 · AIA Engineering Ltd
Persistence0/8 recent comparable periods
Coverage3/3 companies · 57 observations
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.
EV/EBITDA includes debt in enterprise value and is useful across different capital structures. P/BV prices the company against its own book. Both are market multiples on reported figures, not intrinsic-value estimates and not forecasts.
EV/EBITDAlowest EV/EBITDA
1Elecon Engineering Company Ltd ELECON19.6
2AIA Engineering Ltd AIAENG19.9
3Tega Industries Ltd TEGA33.3
P/BVlowest P/BV
1Tega Industries Ltd TEGA3.4
2Elecon Engineering Company Ltd ELECON4.1
3AIA Engineering Ltd AIAENG5.3
Enterprise and book valuation · company comparison
3/3 level · 3/3 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | EV/EBITDA | P/BV | Reported |
|---|---|---|---|
| Tega Industries Ltd TEGA | 33.3 | 7.7 | Mar 2026 |
| AIA Engineering Ltd AIAENG | 19.9 | 4.4 | Mar 2026 |
| Elecon Engineering Company Ltd ELECON | 19.6 | 5.1 | Jun 2026 |
Full 20-quarter history · every available company
EV/EBITDA · reported quarter history
AIA Engineering Ltd · AIAENG
20.4
20.4
18.7
22.1
25.4
22.5
19.8
20.1
20.4
19.9
22.3
24.2
25.2
20.9
21.1
20.8
18.6
23.4
19.9
—
Elecon Engineering Company Ltd · ELECON
8.2
8.2
6.6
11.7
14.3
13.7
13.0
17.6
21.2
23.2
21.8
28.1
29.4
27.6
18.3
23.8
19.0
15.8
12.9
19.6
Tega Industries Ltd · TEGA
—
16.7
13.4
14.8
16.6
16.6
18.2
22.6
21.7
24.5
27.6
32.7
33.2
31.4
26.7
27.4
33.8
38.0
33.3
—
P/BV · reported quarter history
AIA Engineering Ltd · AIAENG
4.3
4.0
3.6
4.8
4.7
4.8
5.8
6.3
5.8
5.7
6.0
6.9
6.1
5.0
4.9
4.7
4.1
4.9
4.4
—
Elecon Engineering Company Ltd · ELECON
2.1
2.1
1.6
2.9
3.4
3.6
4.1
5.1
6.8
7.3
7.5
9.2
9.7
8.2
5.8
7.3
6.3
4.8
3.7
5.1
Tega Industries Ltd · TEGA
—
—
4.2
4.0
4.6
5.0
6.3
8.8
5.9
7.1
7.6
10.4
10.2
8.2
7.8
8.4
9.2
8.8
7.7
—
09 · let price answer last
Market action
AIA Engineering Ltd has the strongest one-year price move in Capital Goods - Mining Equipement at +38%. It also leads on Mansfield relative strength against NIFTY at +22.6%. 1 of 3 covered companies is above zero on that measure. Every line covers 313 weekly closes through 2026-07-17.
Every price line is indexed to 100 over the chosen window. Mansfield relative strength compares a price ratio with its own 52-week average; zero separates leadership from lagging.
Price and relative strength
Price is rebased to 100 inside the selected window. Pair ratio rebases each selected company against one chosen denominator.
Before the conclusion · check the blind spots
What can make this comparison misleading?
This Capital Goods - Mining Equipement comparison names 5 specific ways its own evidence can mislead, all listed below. All 3 companies here report on comparable dates, so no rank carries a stale marker. 1 of the 8 ranked sections has fewer than three usable current readings. A high growth rate can still be a low-base artefact.
Keep these limits visible
- A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
- A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
- The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
- An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
- Thin comparisons: Capital expenditure have fewer than three usable current readings.
10 · the complete set
Which companies are included?
All 3 companies in the canonical Capital Goods - Mining Equipement membership are listed below, largest market value first — nothing is silently dropped, even where a company reports too little to rank. The charts above default to a selective view; this register is the complete set, with each company's own latest reporting date beside it.
AHEAD means the company is beating the index by 5% or more over three months. LAGGING, FUNDAMENTALS UP means it is 20% or more behind over a year while its trailing twelve-month earnings grew 20% or more. Both rules are fixed and applied the same way in every sector.
| Company | Market value | Price | Priced to | Latest fundamentals | Source standing |
|---|---|---|---|---|---|
| AIA Engineering Ltd AIAENGAHEAD24/26 WEEKS | ₹42.8K Cr | ₹4,583 | 2026-07-19 | Mar 2026 | Cross-checked |
| Tega Industries Ltd TEGA | ₹11.7K Cr | ₹1,560 | 2026-07-19 | Mar 2026 | Cross-checked |
| Elecon Engineering Company Ltd ELECON | ₹9.5K Cr | ₹422 | 2026-07-19 | Jun 2026 | Cross-checked |
How each company's sources stand: Every company's second-feed figures reconcile against the primary source on overlapping reported periods, so nothing here is unverified or withheld.
Evidence and freshness
How was this comparison built?
This comparison is built from the reported filings of 3 Capital Goods - Mining Equipement companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-07-24.
FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-07-24 · weekly price and relative-strength history
Derived metricsGrowth, changes, CAPEX intensity, net debt, guarded PEG and P/BV÷ROE are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Source standing3 cross-checked · 0 unverified · 0 withheld, of 3 graded companies.
A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from. Every company's standing is listed in the register above.
Questions investors ask · short, speakable answers
Capital Goods - Mining Equipement company comparison FAQs
These 17 answers restate the Capital Goods - Mining Equipement comparison above in question form. Every one is computed from the same 3 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-07-24. Nothing here is estimated, and none of it is a recommendation.
What is the Nifty Capital Goods - Mining Equipement index?
The Nifty Capital Goods - Mining Equipement index tracks India's listed Capital Goods - Mining Equipement companies as a single basket. This page follows the same 3 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the Capital Goods - Mining Equipement sector rather than to its largest constituent. Figures are as of Jun 2026.
Which are the best Capital Goods - Mining Equipement stocks in India?
Ranked by this page's four-factor score, AIA Engineering Ltd places first among 3 listed Capital Goods - Mining Equipement companies, followed by Elecon Engineering Company Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.
How many Capital Goods - Mining Equipement stocks are listed in India?
This comparison covers 3 listed Capital Goods - Mining Equipement companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.
Which Capital Goods - Mining Equipement company is the biggest?
AIA Engineering Ltd is the largest, with trailing-twelve-month revenue of ₹4,420 crore, ahead of Elecon Engineering Company Ltd at ₹2,397 crore. That covers 3 of 3 companies with comparable reporting through Mar 2026.
Which Capital Goods - Mining Equipement company is growing fastest?
Tega Industries Ltd has the fastest revenue growth at 3.3% year on year, across 3 of 3 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.
Which Capital Goods - Mining Equipement company has the best profit margins?
AIA Engineering Ltd has the highest operating margin at 29%, from 3 of 3 comparable companies. AIA Engineering Ltd shows the biggest recent improvement, at +3 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.
Which Capital Goods - Mining Equipement company makes the most profit?
AIA Engineering Ltd earns the most, at ₹1,268 crore of trailing-twelve-month net profit, from 3 of 3 comparable companies. AIA Engineering Ltd has the fastest profit growth at 19.7%, though growth off a small or recovering profit base overstates how much has actually changed.
Which Capital Goods - Mining Equipement company earns the highest return on capital?
AIA Engineering Ltd leads on return on capital employed at 21.1%, across 3 of 3 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.
Which Capital Goods - Mining Equipement stock is the cheapest?
On guarded PEG — where a LOWER number is cheaper — AIA Engineering Ltd screens cheapest at 0.73×. Only 3 of 3 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.
Which Capital Goods - Mining Equipement company has the strongest balance sheet?
AIA Engineering Ltd carries the lowest comparable gross debt at ₹10 crore, from 3 of 3 companies. Absolute rupee debt alone does not settle it, because company scale differs — net debt and debt-to-equity in the chart above carry more information, and a very low-debt balance sheet can also mean under-investment.
Which Capital Goods - Mining Equipement stock has the strongest price momentum?
AIA Engineering Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.
Which Capital Goods - Mining Equipement company scores highest for research priority?
AIA Engineering Ltd scores 72.9 out of 100 with 92.6% evidence confidence, from 19.6 points on growth and earnings, 21.2 on capital efficiency, 12.1 on valuation and 20 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.
How many Capital Goods - Mining Equipement companies does this comparison cover, and over what period?
It compares 3 listed companies over up to 20 reported quarters of fundamentals and 10 fiscal years of capital allocation, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.
What is the total market cap of the Capital Goods - Mining Equipement sector?
The 3 Capital Goods - Mining Equipement companies on this page carry ₹63,953 crore of combined market value. AIA Engineering Ltd is the largest at ₹42,769 crore, about 67% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-29.
How is the Capital Goods - Mining Equipement sector performing?
1 of the 3 covered Capital Goods - Mining Equipement companies are beating NIFTY 500 on Mansfield relative strength. A 52-week sector-versus-index comparison is not available from the current market series for this sector, so it is not quoted. Readings are as of 2026-07-29.
Why are some values on this page blank?
A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.
Is this investment advice?
No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.