Sector Alpha Week of 2026-09-28
Not SEBI Registered !! Not Investment advice !!
20-quarter listed-company comparison

Consumer Electronics - EMS Stocks in India

Consumer Electronics - EMS: Amber Enterprises India Ltd owns the largest revenue base; Kaynes Technology India Ltd has the fastest current growth.

The 5 Consumer Electronics - EMS companies listed in India are Amber Enterprises India Ltd (₹24.5K Cr, the largest), Kaynes Technology India Ltd, PG Electroplast Ltd and 2 more. 1 of 5 covered companies beats NIFTY 500 on relative strength. Readings are as of 28 Sep 2026.

All 5 Consumer Electronics - EMS Stocks in India (Sep 2026) — ranked by 4-Factor score

  1. 1Kaynes Technology India Ltd₹24.5K Cr49.9/100Mixed-negative evidence · strongest on revenue growth and ROCE
  2. 2Virtuoso Optoelectronics Ltd₹1.7K Cr47.9/100Mixed-negative evidence · strongest on profit growth and relative strength versus the benchmark
  3. 3Amber Enterprises India Ltd₹24.5K Cr41.4/100Mixed-negative evidence · strongest on relative strength versus sector and margin improvement
  4. 4PG Electroplast Ltd₹14.9K Cr37.1/100Mixed-negative evidence · strongest on profitable quarters and profit consistency
  5. 5Epack Durable Ltd₹1.7K Cr18.2/100Adverse evidence

Ranked by the 4-Factor Sector Score (growth & earnings 35, capital efficiency 25, valuation 20, relative strength 20). Prices as of 25 Sep 2026. Not investment advice.

01 · the index people search for

Nifty Consumer Electronics - EMS Index — Constituents & Performance

All 5 listed Indian Consumer Electronics - EMS companies are named here, largest first — the same constituent set people search for as the Nifty Consumer Electronics - EMS index. Every figure is equal-weighted across those companies and carries its own as-of date. One large constituent cannot set the reading.

  1. Amber Enterprises India Ltd₹24.5K Cr
  2. Kaynes Technology India Ltd₹24.5K Cr
  3. PG Electroplast Ltd₹14.9K Cr
  4. Epack Durable Ltd₹1.7K Cr
  5. Virtuoso Optoelectronics Ltd₹1.7K Cr
02 · the sector itself · before any single company

How has Consumer Electronics - EMS moved against NIFTY 500?

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this sector is 51% ahead of NIFTY 500. Earnings across its companies grew 27% on average over the last four reported quarters. It has been ahead of NIFTY 500 on a rolling three-month view for 24 weeks running.

LEADER · ahead 24w~Price and the fundamentals both up6 of 9 companies ahead of NIFTY 500 by 5% or more over three months1 is 20% or more behind over a year while earnings grew 20% or more

RS ↑24w · 6/9 >200d (−2) · 6/9 lead (−1) · EPS 5/8↑

200500100020262025202420232022 1073289 TRAILING 12-MONTH EPS · 100 AT THE START0100201Jun 23Dec 23Jun 24Dec 24Jun 25Dec 25Jun 26Mar 2023 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 4 reporting · thin coverageJun 2023 · trailing 12-month earnings per share at 103, against 100 at the start · up 64.5% on a year ago · 4 reporting · thin coverageSep 2023 · trailing 12-month earnings per share at 93, against 100 at the start · up 60.4% on a year ago · 8 reportingDec 2023 · trailing 12-month earnings per share at 95, against 100 at the start · up 51.6% on a year ago · 8 reportingMar 2024 · trailing 12-month earnings per share at 83, against 100 at the start · up 24.5% on a year ago · 8 reportingJun 2024 · trailing 12-month earnings per share at 93, against 100 at the start · up 45.4% on a year ago · 8 reportingSep 2024 · trailing 12-month earnings per share at 102, against 100 at the start · up 27.1% on a year ago · 8 reportingDec 2024 · trailing 12-month earnings per share at 115, against 100 at the start · up 38.6% on a year ago · 8 reportingMar 2025 · trailing 12-month earnings per share at 131, against 100 at the start · up 70.2% on a year ago · 8 reportingJun 2025 · trailing 12-month earnings per share at 151, against 100 at the start · up 59.5% on a year ago · 8 reportingSep 2025 · trailing 12-month earnings per share at 144, against 100 at the start · up 38.9% on a year ago · 8 reportingDec 2025 · trailing 12-month earnings per share at 145, against 100 at the start · up 41.0% on a year ago · 9 reportingMar 2026 · trailing 12-month earnings per share at 170, against 100 at the start · up 12.9% on a year ago · 9 reportingJun 2026 · trailing 12-month earnings per share at 201, against 100 at the start · up 15.7% on a year ago · 9 reportingNot reported yet — earnings trail price by a quarter or two201 · Jun 26No earnings on file this far back — the price series reaches further than the filings doNO EARNINGS ON FILE
200500100020262025202420232022 1073289 TRAILING 12-MONTH EPS · 100 AT THE START0100201Jun 23Jun 24Jun 25Jun 26Mar 2023 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 4 reporting · thin coverageJun 2023 · trailing 12-month earnings per share at 103, against 100 at the start · up 64.5% on a year ago · 4 reporting · thin coverageSep 2023 · trailing 12-month earnings per share at 93, against 100 at the start · up 60.4% on a year ago · 8 reportingDec 2023 · trailing 12-month earnings per share at 95, against 100 at the start · up 51.6% on a year ago · 8 reportingMar 2024 · trailing 12-month earnings per share at 83, against 100 at the start · up 24.5% on a year ago · 8 reportingJun 2024 · trailing 12-month earnings per share at 93, against 100 at the start · up 45.4% on a year ago · 8 reportingSep 2024 · trailing 12-month earnings per share at 102, against 100 at the start · up 27.1% on a year ago · 8 reportingDec 2024 · trailing 12-month earnings per share at 115, against 100 at the start · up 38.6% on a year ago · 8 reportingMar 2025 · trailing 12-month earnings per share at 131, against 100 at the start · up 70.2% on a year ago · 8 reportingJun 2025 · trailing 12-month earnings per share at 151, against 100 at the start · up 59.5% on a year ago · 8 reportingSep 2025 · trailing 12-month earnings per share at 144, against 100 at the start · up 38.9% on a year ago · 8 reportingDec 2025 · trailing 12-month earnings per share at 145, against 100 at the start · up 41.0% on a year ago · 9 reportingMar 2026 · trailing 12-month earnings per share at 170, against 100 at the start · up 12.9% on a year ago · 9 reportingJun 2026 · trailing 12-month earnings per share at 201, against 100 at the start · up 15.7% on a year ago · 9 reportingNot reported yet — earnings trail price by a quarter or two201No earnings on file this far back — the price series reaches further than the filings do
Consumer Electronics - EMS, equal-weighted, based at 200 NIFTY 500, same base, same start trailing 12-month earnings per share rising falling

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 9 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.

03 · sector relative strength, before individual stocks

Is Consumer Electronics - EMS outperforming NIFTY 500?

Consumer Electronics - EMS has underperformed NIFTY 500 by 21.7% over the last 52 weeks. Over 13 weeks the gap is a lead of 2.2%. 1 of 5 covered companies currently beats NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Amber Enterprises India Ltd is the strongest against the sector itself at -0.5%.

+2.2%Sector vs NIFTY 500 · 13 weeks
-21.7%Sector vs NIFTY 500 · 52 weeks
1/5Stocks leading NIFTY 500
0/5Stocks leading sector

Sector metric: — as of latest available · unclassified · direction unavailable.

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

Consumer Electronics - EMS has underperformed NIFTY 500 by 21.7% over 52 weeks and 2.2% over 13 weeks. 1 of 5 covered companies beat NIFTY on Mansfield relative strength, while 0 of 5 beat the sector itself. Amber Enterprises India Ltd leads with revenue of ₹12,625 crore, based on 5 of 5 comparable companies through Jun 2026.

Companies
5
complete canonical membership
Combined market value
₹67.4K Cr
Amber Enterprises India Ltd
Revenue growing
5/5
positive TTM year-on-year growth
Beating NIFTY 500
1/5
positive Mansfield relative strength
Comparing 5 of 5
04 · 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%
Kaynes Technology India Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 84% evidence confidence.
How this score is built, and what the marks mean

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1Kaynes Technology India LtdKAYNES 49.9/100Mixed-negative evidence84% evidence BREAKING OUT 21.7/35 Revenue 34.9% · PAT 8.8% · OPM change -1 pp 100% evidence 16.5/25 ROCE 12.7% · OPM 16% 100% evidence 5.0/20 P/E 70.6× · PEG 3.18 50% evidence 6.7/20 RS sector -10.1% · RS bench -10.3% · 1Y -49%7 of 11 weeks ahead 70% evidence
Exact sum: 21.7 + 16.5 + 5 + 6.7 = 49.9 · Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression.
2Virtuoso Optoelectronics LtdVOEPL 47.9/100Mixed-negative evidence63% evidence BREAKING OUT 22.6/35 Revenue 34.3% · PAT 12.5% · OPM change -0.8 pp 71% evidence 7.3/25 ROCE 9.5% · OPM 9.1% 95% evidence 10.0/20 P/E 96.7× · PEG — 0% evidence 8.0/20 RS sector -13% · RS bench 24.2% · 1Y 0.7%6 of 6 weeks ahead 70% evidence
Exact sum: 22.6 + 7.3 + 10 + 8 = 47.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
3Amber Enterprises India LtdAMBER 41.4/100Mixed-negative evidence79% evidence ASLEEP 13.0/35 Revenue 14.6% · PAT -56.3% · OPM change 0.8 pp 95% evidence 11.0/25 ROCE 10.3% · OPM 8% 76% evidence 7.3/20 P/E 119× · PEG — 35% evidence 10.1/20 RS sector -0.5% · RS bench -2.9% · 1Y -16%1 of 12 weeks ahead 100% evidence
Exact sum: 13 + 11 + 7.3 + 10.1 = 41.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
4PG Electroplast LtdPGEL 37.1/100Mixed-negative evidence97% evidence FADING 14.9/35 Revenue 15.1% · PAT -24% · OPM change -1 pp 100% evidence 10.1/25 ROCE 10.3% · OPM 7% 100% evidence 5.2/20 P/E 72.2× · PEG 2.29 85% evidence 6.9/20 RS sector -2.4% · RS bench -4.6% · 1Y -9.2%9 of 12 weeks ahead 100% evidence
Exact sum: 14.9 + 10.1 + 5.2 + 6.9 = 37.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
5Epack Durable LtdEPACK 18.2/100Adverse evidence69% evidence ASLEEP 0.7/35 Revenue 2.9% · PAT -80% · OPM change -2 pp 100% evidence 3.0/25 ROCE 4.5% · OPM 6% 80% evidence 10.0/20 P/E — · PEG — 0% evidence 4.5/20 RS sector -12% · RS bench -26.1% · 1Y -52.8%0 of 11 weeks ahead 70% evidence
Exact sum: 0.7 + 3 + 10 + 4.5 = 18.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
05 · what price has already done

Market action

Virtuoso Optoelectronics Ltd has the strongest one-year price move in Consumer Electronics - EMS at +0.7%. It also leads on Mansfield relative strength against NIFTY at +24.2%. 1 of 5 covered companies is above zero on that measure. Every line covers 313 weekly closes through 2026-09-25.

Price and relative strength

Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

06 · compare level, then change

Revenue Scale & Growth Durability

Amber Enterprises India Ltd has the highest Revenue among the 5 Consumer Electronics - EMS companies compared here, at ₹12,625 crore. PG Electroplast Ltd is next at ₹5,818 crore. Kaynes Technology India Ltd has the highest Revenue growth at 34.9%, so level and change sit with different companies. Its Revenue series carries 15 reported observations across the 20-quarter window.

What the numbers say: Amber Enterprises India Ltd is the scale leader at ₹12,625 crore, 117% ahead of PG Electroplast Ltd. Kaynes Technology India Ltd's growth is 34.9% from a ₹3,899 crore base, with 19 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderAmber Enterprises India Ltd · ₹12,625 crore
Gap117% versus #2 · PG Electroplast Ltd
Persistence7/8 recent comparable periods
Coverage5/5 companies · 77 observations

Investor read: Amber Enterprises India Ltd is the scale benchmark; Kaynes Technology India Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Amber Enterprises India Ltd's growth falls below Kaynes Technology India 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
1Amber Enterprises India Ltd AMBER₹12.6K Cr
2PG Electroplast Ltd PGEL₹5.8K Cr
3Kaynes Technology India Ltd KAYNES₹3.9K Cr
4Epack Durable Ltd EPACK₹2.1K Cr
5Virtuoso Optoelectronics Ltd VOEPL⚠ unverified₹996 Cr
Revenue growthfastest growers
1Kaynes Technology India Ltd KAYNES35%
2Virtuoso Optoelectronics Ltd VOEPL⚠ unverified34%
3PG Electroplast Ltd PGEL15%
4Amber Enterprises India Ltd AMBER15%
5Epack Durable Ltd EPACK2.9%
Revenue · company comparison
5/5 level · 5/5 change

On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyRevenueRevenue growthReported
Amber Enterprises India Ltd AMBER₹3.9K Cr13%Jun 2026
PG Electroplast Ltd PGEL₹2.0K Cr35%Jun 2026
Kaynes Technology India Ltd KAYNES₹946 Cr41%Jun 2026
Epack Durable Ltd EPACK₹886 Cr34%Jun 2026
Virtuoso Optoelectronics Ltd VOEPL⚠ unverified₹376 Cr85%Jun 2026
Full 20-quarter history · every available company

Revenue · reported quarter history

Amber Enterprises India Ltd · AMBER

—
—
—
—
—
₹1.3K Cr
₹3.0K Cr
₹1.7K Cr
₹927 Cr
₹1.3K Cr
₹2.8K Cr
₹2.4K Cr
₹1.7K Cr
₹2.1K Cr
₹3.8K Cr
₹3.4K Cr
₹1.6K Cr
₹2.9K Cr
₹4.1K Cr
₹3.9K Cr

Epack Durable Ltd · EPACK

—
—
—
—
—
₹276 Cr
₹639 Cr
₹437 Cr
₹178 Cr
₹279 Cr
₹526 Cr
₹774 Cr
₹377 Cr
₹377 Cr
₹643 Cr
₹662 Cr
₹213 Cr
₹428 Cr
₹591 Cr
₹886 Cr

Kaynes Technology India Ltd · KAYNES

—
₹183 Cr
₹238 Cr
₹199 Cr
₹273 Cr
₹289 Cr
₹365 Cr
₹297 Cr
₹361 Cr
₹509 Cr
₹637 Cr
₹504 Cr
₹572 Cr
₹661 Cr
₹984 Cr
₹673 Cr
₹906 Cr
₹804 Cr
₹1.2K Cr
₹946 Cr

PG Electroplast Ltd · PGEL

₹198 Cr
₹262 Cr
₹514 Cr
₹535 Cr
₹328 Cr
₹459 Cr
₹828 Cr
₹678 Cr
₹460 Cr
₹532 Cr
₹1.1K Cr
₹1.3K Cr
₹671 Cr
₹968 Cr
₹1.9K Cr
₹1.5K Cr
₹655 Cr
₹1.4K Cr
₹1.7K Cr
₹2.0K Cr

Virtuoso Optoelectronics Ltd · VOEPL⚠ unverified

—
—
—
₹74 Cr
—
—
₹225 Cr
—
—
—
—
—
—
—
₹240 Cr
₹203 Cr
₹98 Cr
₹206 Cr
₹317 Cr
₹376 Cr

Revenue growth · reported quarter history

Amber Enterprises India Ltd · AMBER

—
—
—
—
—
—
—
—
—
-4.0%
-6.6%
41%
82%
65%
34%
44%
-2.2%
38%
10%
13%

Epack Durable Ltd · EPACK

—
—
—
—
—
—
—
—
—
1.2%
-18%
77%
112%
35%
22%
-14%
-44%
14%
-8.1%
34%

Kaynes Technology India Ltd · KAYNES

—
—
—
—
—
58%
53%
49%
32%
76%
75%
70%
58%
30%
54%
34%
58%
22%
26%
41%

PG Electroplast Ltd · PGEL

—
—
—
291%
66%
75%
61%
27%
40%
16%
30%
95%
46%
82%
77%
14%
-2.4%
46%
-10%
35%

Virtuoso Optoelectronics Ltd · VOEPL⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
32%
85%
07 · compare level, then change

Operating Economics & Margin Trend

Kaynes Technology India Ltd has the highest OPM among the 5 Consumer Electronics - EMS companies compared here, at 16%. Virtuoso Optoelectronics Ltd is next at 9.1%. Amber Enterprises India Ltd has the highest Margin change at +0.8 percentage points, so level and change sit with different companies. Its OPM series carries 19 reported observations across the 20-quarter window.

What the numbers say: Kaynes Technology India Ltd leads opm at 16%; Amber Enterprises India Ltd leads margin change at +0.8 percentage points.

LeaderKaynes Technology India Ltd · 16%
Gap75.2% versus #2 · Virtuoso Optoelectronics Ltd
Persistence4/8 recent comparable periods
Coverage5/5 companies · 86 observations

Investor read: Kaynes Technology India 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
1Kaynes Technology India Ltd KAYNES16%
2Virtuoso Optoelectronics Ltd VOEPL⚠ unverified9.1%
3Amber Enterprises India Ltd AMBER8.0%
4PG Electroplast Ltd PGEL7.0%
5Epack Durable Ltd EPACK6.0%
Margin changefastest expanders
1Amber Enterprises India Ltd AMBER+0.8 pp
2Virtuoso Optoelectronics Ltd VOEPL⚠ unverified−0.8 pp
3Kaynes Technology India Ltd KAYNES−1.0 pp
4PG Electroplast Ltd PGEL−1.0 pp
5Epack Durable Ltd EPACK−2.0 pp
Operating margin · company comparison
5/5 level · 5/5 change
All-company data · latest reported quarter
CompanyOPMMargin changeReported
Kaynes Technology India Ltd KAYNES16%−1.0 ppJun 2026
Virtuoso Optoelectronics Ltd VOEPL⚠ unverified9.1%−0.8 ppJun 2026
Amber Enterprises India Ltd AMBER8.0%+0.8 ppJun 2026
PG Electroplast Ltd PGEL7.0%−1.0 ppJun 2026
Epack Durable Ltd EPACK6.0%−2.0 ppJun 2026
Full 20-quarter history · every available company

OPM · reported quarter history

Amber Enterprises India Ltd · AMBER

5.8%
7.6%
6.5%
5.4%
4.9%
5.8%
7.0%
7.8%
6.4%
6.1%
7.8%
7.9%
6.6%
7.0%
7.5%
7.2%
5.1%
8.1%
7.0%
8.0%

Epack Durable Ltd · EPACK

—
—
—
—
—
1.5%
9.6%
7.0%
4.2%
8.0%
10%
7.0%
2.4%
6.0%
11%
8.0%
-0.5%
7.0%
4.0%
6.0%

Kaynes Technology India Ltd · KAYNES

—
12%
17%
12%
16%
14%
16%
14%
14%
14%
15%
13%
14%
14%
17%
17%
16%
15%
16%
16%

PG Electroplast Ltd · PGEL

6.5%
6.3%
9.7%
6.8%
8.0%
8.0%
9.0%
10%
8.0%
8.0%
11%
10%
8.0%
9.0%
11%
8.0%
4.6%
8.0%
7.0%
7.0%

Virtuoso Optoelectronics Ltd · VOEPL⚠ unverified

—
—
—
14%
14%
—
7.9%
—
9.7%
—
9.7%
—
6.9%
—
7.9%
9.9%
10%
12%
9.2%
9.1%

Margin change · reported quarter history

Amber Enterprises India Ltd · AMBER

+0.5 pp
−0.7 pp
−2.4 pp
−0.5 pp
−1.0 pp
−1.7 pp
+0.5 pp
+2.3 pp
+1.5 pp
+0.2 pp
+0.8 pp
+0.2 pp
+0.2 pp
+1.0 pp
−0.3 pp
−0.7 pp
−1.5 pp
+1.1 pp
−0.5 pp
+0.8 pp

Epack Durable Ltd · EPACK

—
—
—
—
—
—
—
—
—
+6.5 pp
+0.4 pp
0.0 pp
−1.8 pp
−2.0 pp
+1.0 pp
+1.0 pp
−2.9 pp
+1.0 pp
−7.0 pp
−2.0 pp

Kaynes Technology India Ltd · KAYNES

—
—
—
—
—
+2.0 pp
−0.8 pp
+1.7 pp
−1.8 pp
0.0 pp
−1.0 pp
−1.0 pp
0.0 pp
0.0 pp
+2.0 pp
+4.0 pp
+2.0 pp
+1.0 pp
−1.0 pp
−1.0 pp

PG Electroplast Ltd · PGEL

−2.0 pp
−2.0 pp
+2.4 pp
+0.2 pp
+1.5 pp
+1.7 pp
−0.7 pp
+3.2 pp
0.0 pp
0.0 pp
+2.0 pp
0.0 pp
0.0 pp
+1.0 pp
0.0 pp
−2.0 pp
−3.4 pp
−1.0 pp
−4.0 pp
−1.0 pp

Virtuoso Optoelectronics Ltd · VOEPL⚠ unverified

—
—
—
—
—
—
—
—
−4.2 pp
—
+1.8 pp
—
−2.8 pp
—
−1.8 pp
—
+3.4 pp
—
+1.3 pp
−0.8 pp
08 · compare level, then change

Profit Scale & Acceleration

Kaynes Technology India Ltd has the highest Net profit among the 5 Consumer Electronics - EMS companies compared here, at ₹345 crore. PG Electroplast Ltd is next at ₹206 crore. Virtuoso Optoelectronics Ltd has the highest Profit growth at 12.5%, so level and change sit with different companies. Its Net profit series carries 19 reported observations across the 20-quarter window.

What the numbers say: Kaynes Technology India Ltd leads with ₹345 crore of TTM profit, 67.5% above PG Electroplast Ltd. Virtuoso Optoelectronics Ltd shows 12.5% growth from a ₹18 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderKaynes Technology India Ltd · ₹345 crore
Gap67.5% versus #2 · PG Electroplast Ltd
Persistence6/8 recent comparable periods
Coverage5/5 companies · 77 observations

Investor read: Kaynes Technology India 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
1Kaynes Technology India Ltd KAYNES₹345 Cr
2PG Electroplast Ltd PGEL₹206 Cr
3Amber Enterprises India Ltd AMBER₹124 Cr
4Virtuoso Optoelectronics Ltd VOEPL⚠ unverified₹18 Cr
5Epack Durable Ltd EPACK₹-7 Cr
Profit growthfastest growers
1Virtuoso Optoelectronics Ltd VOEPL⚠ unverified13%
2Kaynes Technology India Ltd KAYNES8.8%
3PG Electroplast Ltd PGEL-24%
4Amber Enterprises India Ltd AMBER-56%
5Epack Durable Ltd EPACK-80%
Net profit · company comparison
5/5 level · 5/5 change
All-company data · latest reported quarter
CompanyNet profitProfit growthReported
PG Electroplast Ltd PGEL₹76 Cr13%Jun 2026
Kaynes Technology India Ltd KAYNES₹56 Cr-25%Jun 2026
Epack Durable Ltd EPACK₹12 Cr-48%Jun 2026
Virtuoso Optoelectronics Ltd VOEPL⚠ unverified₹9 Cr41%Jun 2026
Amber Enterprises India Ltd AMBER₹3 Cr-97%Jun 2026
Full 20-quarter history · every available company

Net profit · reported quarter history

Amber Enterprises India Ltd · AMBER

—
—
—
—
—
₹15 Cr
₹108 Cr
₹47 Cr
₹-6 Cr
₹-1 Cr
₹99 Cr
₹75 Cr
₹21 Cr
₹37 Cr
₹118 Cr
₹106 Cr
₹-32 Cr
₹-9 Cr
₹162 Cr
₹3 Cr

Epack Durable Ltd · EPACK

—
—
—
—
—
₹-6 Cr
₹33 Cr
₹9 Cr
₹-6 Cr
₹5 Cr
₹28 Cr
₹23 Cr
₹-8 Cr
₹3 Cr
₹38 Cr
₹23 Cr
₹-22 Cr
₹3 Cr
₹0 Cr
₹12 Cr

Kaynes Technology India Ltd · KAYNES

—
₹11 Cr
₹20 Cr
₹10 Cr
₹21 Cr
₹23 Cr
₹41 Cr
₹25 Cr
₹32 Cr
₹45 Cr
₹81 Cr
₹51 Cr
₹60 Cr
₹66 Cr
₹116 Cr
₹75 Cr
₹121 Cr
₹77 Cr
₹91 Cr
₹56 Cr

PG Electroplast Ltd · PGEL

₹4 Cr
₹6 Cr
₹28 Cr
₹16 Cr
₹7 Cr
₹14 Cr
₹40 Cr
₹34 Cr
₹12 Cr
₹19 Cr
₹70 Cr
₹84 Cr
₹19 Cr
₹40 Cr
₹145 Cr
₹67 Cr
₹3 Cr
₹62 Cr
₹65 Cr
₹76 Cr

Virtuoso Optoelectronics Ltd · VOEPL⚠ unverified

—
—
—
₹4 Cr
—
—
₹3 Cr
—
—
—
—
—
—
—
₹2 Cr
₹6 Cr
₹-4 Cr
₹8 Cr
₹4 Cr
₹9 Cr

Profit growth · reported quarter history

Amber Enterprises India Ltd · AMBER

—
—
—
—
—
—
—
—
—
-103%
-8.3%
60%
—
—
20%
42%
-253%
-125%
37%
-97%

Epack Durable Ltd · EPACK

—
—
—
—
—
—
—
—
—
—
-16%
156%
—
-40%
36%
0.0%
—
0.0%
-100%
-48%

Kaynes Technology India Ltd · KAYNES

—
—
—
—
—
109%
105%
150%
52%
96%
98%
104%
88%
47%
43%
47%
102%
17%
-22%
-25%

PG Electroplast Ltd · PGEL

—
—
—
1,500%
75%
133%
43%
113%
71%
36%
75%
147%
58%
111%
107%
-20%
-84%
55%
-55%
13%

Virtuoso Optoelectronics Ltd · VOEPL⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
85%
41%
09 · compare level, then change

Return On Capital Employed

Kaynes Technology India Ltd has the highest ROCE among the 5 Consumer Electronics - EMS companies compared here, at 12.7%. Amber Enterprises India Ltd is next at 10.3%. Virtuoso Optoelectronics Ltd has the highest ROCE change at -3 percentage points, so level and change sit with different companies. Its ROCE series carries 15 reported observations across the 20-quarter window.

What the numbers say: Kaynes Technology India Ltd leads ROCE at 12.7%, 2.4 percentage points above Amber Enterprises India Ltd. Virtuoso Optoelectronics Ltd has the strongest latest improvement at -3 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.

LeaderKaynes Technology India Ltd · 12.7%
Gap23.3% versus #2 · Amber Enterprises India Ltd
Persistence1/8 recent comparable periods
Coverage5/5 companies · 60 observations

Investor read: Kaynes Technology India 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
1Kaynes Technology India Ltd KAYNES13%
2Amber Enterprises India Ltd AMBER10%
3PG Electroplast Ltd PGEL10%
4Virtuoso Optoelectronics Ltd VOEPL⚠ unverified9.5%
5Epack Durable Ltd EPACK4.5%
ROCE changefastest improvers
1Virtuoso Optoelectronics Ltd VOEPL⚠ unverified−3.0 pp
2Kaynes Technology India Ltd KAYNES−3.4 pp
3PG Electroplast Ltd PGEL−3.9 pp
4Amber Enterprises India Ltd AMBER−4.0 pp
5Epack Durable Ltd EPACK−5.7 pp
Return on capital · company comparison
5/5 level · 5/5 change

Withheld from this chart: Amber Enterprises India Ltd (AMBER) — its two data sources disagree by up to 186% on reported income across 14 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

All-company data · latest reported quarter
CompanyROCEROCE changeReported
Virtuoso Optoelectronics Ltd VOEPL⚠ unverified9.1%−3.0 ppJun 2026
Kaynes Technology India Ltd KAYNES9.0%−3.4 ppJun 2026
PG Electroplast Ltd PGEL8.9%−3.9 ppJun 2026
Epack Durable Ltd EPACK4.9%−5.7 ppJun 2026
Full 20-quarter history · every available company

ROCE · reported quarter history

Epack Durable Ltd · EPACK

—
—
—
—
—
—
12%
—
12%
14%
7.9%
15%
9.7%
14%
11%
13%
8.8%
11%
4.9%
—

Kaynes Technology India Ltd · KAYNES

—
7.9%
21%
27%
—
—
15%
—
16%
34%
9.1%
19%
11%
22%
12%
19%
9.2%
16%
9.0%
—

PG Electroplast Ltd · PGEL

11%
—
13%
—
17%
—
22%
—
15%
21%
16%
29%
20%
26%
13%
20%
11%
20%
8.9%
—

Virtuoso Optoelectronics Ltd · VOEPL⚠ unverified

12%
20%
29%
35%
22%
16%
18%
15%
18%
11%
12%
13%
14%
11%
12%
—
9.8%
14%
9.1%
—

ROCE change · reported quarter history

Epack Durable Ltd · EPACK

—
—
—
—
—
—
—
—
—
—
−4.5 pp
—
−2.0 pp
−0.4 pp
+2.7 pp
−2.6 pp
−0.9 pp
−2.4 pp
−5.7 pp
—

Kaynes Technology India Ltd · KAYNES

—
—
—
—
—
—
−6.1 pp
—
—
—
−5.8 pp
—
−5.3 pp
−11.8 pp
+3.3 pp
0.0 pp
−1.4 pp
−6.6 pp
−3.4 pp
—

PG Electroplast Ltd · PGEL

—
—
—
—
+6.6 pp
—
+8.9 pp
—
−1.8 pp
—
−6.4 pp
—
+4.3 pp
+5.2 pp
−2.9 pp
−8.4 pp
−8.8 pp
−6.4 pp
−3.9 pp
—

Virtuoso Optoelectronics Ltd · VOEPL⚠ unverified

—
—
—
—
+10.2 pp
−3.4 pp
−11.7 pp
−19.4 pp
−3.9 pp
−5.2 pp
−5.4 pp
−2.6 pp
−4.7 pp
+0.1 pp
0.0 pp
—
−3.7 pp
+2.4 pp
−3.0 pp
—
10 · compare level, then change

Valuation Against Growth & Quality

PG Electroplast Ltd has the lowest PEG among the 5 Consumer Electronics - EMS companies compared here, at 2.29×. Kaynes Technology India Ltd is next at 3.18×. Kaynes Technology India Ltd has the lowest P/E at 70.6×, so level and change sit with different companies. 2 of 5 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: PG Electroplast Ltd has the lowest comparable PEG at 2.29×, 28% below Kaynes Technology India Ltd. Only 2 of 5 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderPG Electroplast Ltd · 2.29×
Gap28% versus #2 · Kaynes Technology India Ltd
Persistence0/8 recent comparable periods
Coverage2/5 companies · 13 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 feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.
PEGlowest PEG
1PG Electroplast Ltd PGEL2.3
2Kaynes Technology India Ltd KAYNES3.2
P/Elowest P/E
1Kaynes Technology India Ltd KAYNES70.6
2PG Electroplast Ltd PGEL72.2
3Virtuoso Optoelectronics Ltd VOEPL⚠ unverified96.7
4Amber Enterprises India Ltd AMBER119.0
Valuation · company comparison
2/5 level · 4/5 change
All-company data · latest reported quarter
CompanyPEGP/EReported
Kaynes Technology India Ltd KAYNES3.259.9Jun 2026
PG Electroplast Ltd PGEL2.379.0Jun 2026
Epack Durable Ltd EPACK1.456.3Jun 2026
Amber Enterprises India Ltd AMBER—126.0Jun 2026
Virtuoso Optoelectronics Ltd VOEPL⚠ unverified—85.9Jun 2026
Full 20-quarter history · every available company

PEG · reported quarter history

Epack Durable Ltd · EPACK

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
1.4
—
—
—
—

Kaynes Technology India Ltd · KAYNES

—
—
—
—
—
—
—
—
4.8
2.1
—
—
—
—
—
2.3
3.2
1.3
1.3
3.2

PG Electroplast Ltd · PGEL

7.1
—
—
—
—
—
—
—
3.2
—
0.8
—
—
—
—
—
—
2.9
2.3
—

P/E · reported quarter history

Amber Enterprises India Ltd · AMBER

90.1
91.4
95.2
67.0
57.4
49.6
55.7
48.4
62.4
67.4
86.7
114.7
98.3
135.0
109.5
95.0
100.5
100.4
96.3
126.0

Epack Durable Ltd · EPACK

—
—
—
—
—
—
—
—
—
—
23.8
60.3
79.6
99.2
78.0
59.8
62.4
66.3
49.7
56.3

Kaynes Technology India Ltd · KAYNES

—
—
—
—
—
83.2
106.6
84.8
116.1
125.3
119.8
130.3
166.8
190.4
117.4
127.9
149.6
70.3
61.2
59.9

PG Electroplast Ltd · PGEL

66.3
73.7
70.1
50.3
41.5
42.6
44.3
45.4
42.4
54.8
37.2
66.2
93.7
135.1
114.4
72.7
53.4
64.6
50.0
79.0

Virtuoso Optoelectronics Ltd · VOEPL⚠ unverified

—
—
—
—
35.2
32.8
48.5
79.5
87.2
64.0
54.7
77.5
112.8
148.7
144.4
108.0
118.8
149.9
62.6
85.9
11 · before the conclusion, check the blind spots

What can make this comparison misleading?

This Consumer Electronics - EMS comparison names 7 specific ways its own evidence can mislead, all listed below. All 5 companies here report on comparable dates, so no rank carries a stale marker. 1 draws at least one figure from a second feed with too little overlap to cross-check. 1 has second-feed figures withheld because the two sources disagree.

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.
  • 1 company draws at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; it is marked unverified wherever that figure appears.
  • 1 company is missing from the second-feed metrics by decision, not by absence: the two sources disagree, so nothing from the second is drawn. Read those rows as narrower evidence, never as a weaker business.
  • Thin comparisons: Valuation have fewer than three usable current readings.
12 · evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 5 Consumer Electronics - EMS 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 2026-09-25. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-09-25 · weekly price and relative-strength history
Derived metricsGrowth, changes and PEG 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 · 1 unverified · 1 withheld, of 5 graded companies.
How a second data feed is admitted, and what happens when it disagrees

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.

13 · questions investors ask, short speakable answers

Consumer Electronics - EMS company comparison FAQs

These 23 answers restate the Consumer Electronics - EMS comparison above in question form. Every one is computed from the same 5 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-09-25. Nothing here is estimated, and none of it is a recommendation.

Is the Consumer Electronics - EMS sector outperforming NIFTY 500?

Consumer Electronics - EMS has underperformed NIFTY 500 by 21.7% over 52 weeks and 2.2% over 13 weeks. 1 of 5 covered companies beat NIFTY on Mansfield relative strength, while 0 of 5 beat the sector itself.

Which Consumer Electronics - EMS company is largest by revenue?

Amber Enterprises India Ltd leads with revenue of ₹12,625 crore, based on 5 of 5 comparable companies through Jun 2026.

Which Consumer Electronics - EMS company is growing fastest?

Kaynes Technology India Ltd has the fastest current revenue growth at 34.9%, across 5 of 5 comparable companies.

Which Consumer Electronics - EMS company has the strongest 4-Factor Sector Score?

Kaynes Technology India Ltd ranks first at 49.9/100 with 84% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Consumer Electronics - EMS company has the lowest comparable PEG?

PG Electroplast Ltd has the lowest comparable PEG at 2.29, among 2 of 5 companies whose earnings and growth are steady enough for the ratio to mean anything.

How much history does this Consumer Electronics - EMS comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns 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.

Is there a Nifty Consumer Electronics - EMS index?

NSE India maintains Nifty indices for several broad sector categories — Nifty Bank, Nifty IT, Nifty Pharma and others — but not for every sub-sector grouping on this site. Whether or not an official Nifty index covers Consumer Electronics - EMS, this page builds its own equal-weight basket of 5 listed Consumer Electronics - EMS companies — one company, one vote, regardless of market value — so no single large company dominates the reading. Figures are as of Jun 2026.

Which are the best Consumer Electronics - EMS stocks in India?

Ranked by this page's four-factor score, Kaynes Technology India Ltd places first among 5 listed Consumer Electronics - EMS companies, followed by Virtuoso Optoelectronics 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 Consumer Electronics - EMS stocks are listed in India?

This comparison covers 5 listed Consumer Electronics - EMS 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 Consumer Electronics - EMS company is the biggest?

Amber Enterprises India Ltd is the largest, with trailing-twelve-month revenue of ₹12,625 crore, ahead of PG Electroplast Ltd at ₹5,818 crore. That covers 5 of 5 companies with comparable reporting through Jun 2026.

Which Consumer Electronics - EMS company has the best profit margins?

Kaynes Technology India Ltd has the highest operating margin at 16%, from 5 of 5 comparable companies. Amber Enterprises India Ltd shows the biggest recent improvement, at +0.8 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

Which Consumer Electronics - EMS company makes the most profit?

Kaynes Technology India Ltd earns the most, at ₹345 crore of trailing-twelve-month net profit, from 5 of 5 comparable companies. Virtuoso Optoelectronics Ltd has the fastest profit growth at 12.5%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Consumer Electronics - EMS company earns the highest return on capital?

Kaynes Technology India Ltd leads on return on capital employed at 12.7%, across 5 of 5 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 Consumer Electronics - EMS stock is the cheapest?

On PEG — where a LOWER number is cheaper — PG Electroplast Ltd screens cheapest at 2.29×. Only 2 of 5 companies have earnings and growth steady enough for the ratio to mean anything, 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.

Is the Consumer Electronics - EMS sector beating the market?

Consumer Electronics - EMS has underperformed NIFTY 500 by 21.7% over the last 52 weeks and 2.2% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 1 of 5 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

Which Consumer Electronics - EMS stock has the strongest price momentum?

Virtuoso Optoelectronics 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 Consumer Electronics - EMS company scores highest for research priority?

Kaynes Technology India Ltd scores 49.9 out of 100 with 84% evidence confidence, from 21.7 points on growth and earnings, 16.5 on capital efficiency, 5 on valuation and 6.7 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 Consumer Electronics - EMS companies does this comparison cover, and over what period?

It compares 5 listed companies over up to 20 reported quarters of fundamentals, 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 Consumer Electronics - EMS sector?

The 5 Consumer Electronics - EMS companies on this page carry ₹67,392 crore of combined market value. Amber Enterprises India Ltd is the largest at ₹24,546 crore, about 36% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-09-28.

How is the Consumer Electronics - EMS sector performing?

1 of the 5 covered Consumer Electronics - EMS companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 21.7% behind NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-09-28.

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.

About

Not SEBI Registered !! Not Investment advice !!

Chat with this pageChat with pageChatChatGPTClaudePerplexityGoogle AI