Sector Alpha Week of 2026-09-17
Not SEBI Registered !! Not Investment advice !!
20-quarter listed-company comparison

Engineering - Light - General Stocks in India

Engineering - Light - General: Omnitech Engineering Ltd owns the largest revenue base; Axis Solutions Ltd has the fastest current growth.

The 8 Engineering - Light - General companies listed in India are Omnitech Engineering Ltd (₹6.8K Cr, the largest), Axis Solutions Ltd, Shree Refrigerations Ltd and 5 more. 5 of 6 covered companies beat NIFTY 500 on relative strength. Readings are as of 17 Sep 2026.

All 8 Engineering - Light - General Stocks in India (Sep 2026) — ranked by 4-Factor score

  1. 1Axis Solutions Ltd₹2.9K Cr61.3/100Mixed-positive evidence · strongest on ROCE and revenue growth
  2. 2Omnitech Engineering Ltd₹6.8K Cr60.7/100Thin evidence · provisional · strongest on margin improvement and ROCE improvement
  3. 3Tankup Engineers Ltd₹874 Cr54.4/100Thin evidence · provisional · strongest on ROCE and relative strength versus the benchmark
  4. 4Shree Refrigerations Ltd₹1.4K Cr54.2/100Thin evidence · provisional · strongest on operating margin and profitable quarters
  5. 5Lloyds Engineering Works Ltd Partly Paidup48.7/100Thin evidence · provisional · strongest on sector-relative P/E
  6. 6Filtron Engineers Ltd₹506 Cr43.8/100Thin evidence · provisional · strongest on margin improvement and relative strength versus the benchmark
  7. 7Sunita Tools Ltd₹606 Cr39.2/100Thin evidence · provisional · strongest on profitable quarters and profit consistency
  8. 8C2C Advanced Systems Ltd₹443 Cr33.6/100Thin evidence · provisional · strongest on sector-relative P/E

Ranked by the 4-Factor Sector Score (growth & earnings 35, capital efficiency 25, valuation 20, relative strength 20). Prices as of 11 Sep 2026. Not investment advice.

01 · the index people search for

Nifty Engineering - Light - General Index — Constituents & Performance

All 8 listed Indian Engineering - Light - General companies are named here, largest first — the same constituent set people search for as the Nifty Engineering - Light - General index. Every figure is equal-weighted across those companies and carries its own as-of date. One large constituent cannot set the reading.

  1. Omnitech Engineering Ltd₹6.8K Cr
  2. Axis Solutions Ltd₹2.9K Cr
  3. Shree Refrigerations Ltd₹1.4K Cr
  4. Tankup Engineers Ltd₹874 Cr
  5. Sunita Tools Ltd₹606 Cr
  6. Filtron Engineers Ltd₹506 Cr
  7. C2C Advanced Systems Ltd₹443 Cr
  8. Lloyds Engineering Works Ltd Partly Paidup—
02 · the sector itself · before any single company

How has Engineering - Light - General moved against NIFTY 500?

The line below covers up to 3.8 years and opens on the 3Y view; the buttons cut it shorter. Over the most recent two of them this sector is 1543% ahead of NIFTY 500. Earnings across its companies fell 28% on average over the last four reported quarters. It has been ahead of NIFTY 500 on a rolling three-month view for 62 weeks running.

LEADER · ahead 62w✓Price up, without the fundamentals confirming5 of the 6 companies with a long enough price record ahead of NIFTY 500 by 5% or more over three months

RS ↑62w · 5/5 >200d (+0) · 5/6 lead (+0) · EPS 3/3↑

20050010002000500010000202620252024 13733329 TRAILING 12-MONTH EPS · 100 AT THE START0100110Sep 24Mar 25Sep 25Mar 26Sep 2024 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 3 reportingMar 2025 · trailing 12-month earnings per share at 40, against 100 at the start · down 12.3% on a year ago · 3 reportingSep 2025 · trailing 12-month earnings per share at 81, against 100 at the start · down 77.9% on a year ago · 5 reportingMar 2026 · trailing 12-month earnings per share at 110, against 100 at the start · up 25.2% on a year ago · 5 reportingDec 2025 · too few reporting — 2 of the Engineering - Light - General filed a comparable quarter, and three is the floor for a readingJun 2026 · too few reporting — 2 of the Engineering - Light - General filed a comparable quarter, and three is the floor for a readingNot reported yet — earnings trail price by a quarter or twoNOT REPORTED YET110 · Mar 26No earnings on file this far back — the price series reaches further than the filings doNO EARNINGS ON FILE
20050010002000500010000202620252024 13733329 TRAILING 12-MONTH EPS · 100 AT THE START0100110Mar 26Sep 2024 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 3 reportingMar 2025 · trailing 12-month earnings per share at 40, against 100 at the start · down 12.3% on a year ago · 3 reportingSep 2025 · trailing 12-month earnings per share at 81, against 100 at the start · down 77.9% on a year ago · 5 reportingMar 2026 · trailing 12-month earnings per share at 110, against 100 at the start · up 25.2% on a year ago · 5 reportingDec 2025 · too few reporting — 2 of the Engineering - Light - General filed a comparable quarter, and three is the floor for a readingJun 2026 · too few reporting — 2 of the Engineering - Light - General filed a comparable quarter, and three is the floor for a readingNot reported yet — earnings trail price by a quarter or two110No earnings on file this far back — the price series reaches further than the filings do
Engineering - Light - General, 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 6 of its 8 companies — the 2 with too short a price record are ranked in the scorecard but cannot sit in this line. 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 Engineering - Light - General outperforming NIFTY 500?

Engineering - Light - General has outperformed NIFTY 500 by 240% over the last 52 weeks. Over 13 weeks the gap is a lead of 39.8%. 5 of 6 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Axis Solutions Ltd is the strongest against the sector itself at 0%.

+39.8%Sector vs NIFTY 500 · 13 weeks
+240.0%Sector vs NIFTY 500 · 52 weeks
5/6Stocks leading NIFTY 500
0/3Stocks leading sector

Sector metric: 81.7 as of 2026-08-22 · LEADERS · rising.

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

Engineering - Light - General has outperformed NIFTY 500 by 240% over 52 weeks and 39.8% over 13 weeks. 5 of 6 covered companies beat NIFTY on Mansfield relative strength, while 0 of 3 beat the sector itself. Omnitech Engineering Ltd leads with revenue of ₹575 crore, based on 2 of 8 comparable companies through Jun 2026.

Companies
8
complete canonical membership
Combined market value
₹13.6K Cr
Omnitech Engineering Ltd
Revenue growing
1/1
positive TTM year-on-year growth
Beating NIFTY 500
5/6
positive Mansfield relative strength
Comparing 2 of 8
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%
Axis Solutions Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 69.3% 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
1Axis Solutions Ltd511144 61.3/100Mixed-positive evidence69% evidence LEADER 21.1/35 Revenue 27.3% · PAT 16.7% · OPM change 2.7 pp 95% evidence 17.9/25 ROCE 23.3% · OPM 12.6% 76% evidence 9.8/20 P/E 94.9× · PEG — 15% evidence 12.5/20 RS sector 0% · RS bench 187.6% · 1Y 2301.9%12 of 12 weeks ahead 70% evidence
Exact sum: 21.1 + 17.9 + 9.8 + 12.5 = 61.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
2Omnitech Engineering LtdOMNI 60.7/100Thin evidence · provisional38% evidence BREAKING OUT 22.5/35 Revenue — · PAT — · OPM change 4 pp 45% evidence 17.6/25 ROCE 17.6% · OPM 30% 76% evidence 10.6/20 P/E 65.4× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y —8 of 9 weeks ahead 0% evidence
Exact sum: 22.5 + 17.6 + 10.6 + 10 = 60.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
3Tankup Engineers LtdTANKUP 54.4/100Thin evidence · provisional41% evidence BREAKING OUT 18.0/35 Revenue — · PAT — · OPM change 0.9 pp 26% evidence 16.0/25 ROCE 19% · OPM 12.9% 95% evidence 8.5/20 P/E 183× · PEG — 15% evidence 11.9/20 RS sector — · RS bench 118.1% · 1Y —8 of 8 weeks ahead 25% evidence
Exact sum: 18 + 16 + 8.5 + 11.9 = 54.4 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
4Shree Refrigerations Ltd544458 54.2/100Thin evidence · provisional36% evidence BREAKING OUT 17.9/35 Revenue — · PAT — · OPM change 2 pp 26% evidence 14.9/25 ROCE 13.8% · OPM 26% 76% evidence 10.2/20 P/E 66.6× · PEG — 15% evidence 11.2/20 RS sector — · RS bench 61.3% · 1Y 87.1%11 of 11 weeks ahead 25% evidence
Exact sum: 17.9 + 14.9 + 10.2 + 11.2 = 54.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
5Lloyds Engineering Works Ltd Partly PaidupLLOYDSENPP 48.7/100Thin evidence · provisional8% evidence 17.5/35 Revenue — · PAT — · OPM change — 0% evidence 10.1/25 ROCE — · OPM — 19% evidence 11.1/20 P/E 34.6× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y -41.3%0 of 12 weeks ahead to 2026-02-01 0% evidence
Exact sum: 17.5 + 10.1 + 11.1 + 10 = 48.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
6Filtron Engineers Ltd531191 43.8/100Thin evidence · provisional33% evidence 18.7/35 Revenue — · PAT — · OPM change 243.4 pp 17% evidence 5.6/25 ROCE 11.3% · OPM 3.6% 76% evidence 8.9/20 P/E 122× · PEG — 15% evidence 10.6/20 RS sector — · RS bench 27.1% · 1Y 323.8%0 of 1 week ahead to 2026-07-05 25% evidence
Exact sum: 18.7 + 5.6 + 8.9 + 10.6 = 43.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
7Sunita Tools Ltd544001 39.2/100Thin evidence · provisional45% evidence TURNING 15.1/35 Revenue — · PAT — · OPM change -9.7 pp 26% evidence 9.3/25 ROCE 10.1% · OPM 15.2% 76% evidence 9.4/20 P/E 95.8× · PEG — 15% evidence 5.4/20 RS sector -35.6% · RS bench 17.7% · 1Y 48.4%4 of 7 weeks ahead 70% evidence
Exact sum: 15.1 + 9.3 + 9.4 + 5.4 = 39.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
8C2C Advanced Systems LtdC2C 33.6/100Thin evidence · provisional50% evidence 13.4/35 Revenue — · PAT — · OPM change -47 pp 26% evidence 5.7/25 ROCE 13.5% · OPM -8% 95% evidence 11.5/20 P/E 24.2× · PEG — 15% evidence 3.0/20 RS sector -60% · RS bench -48.9% · 1Y -67%0 of 5 weeks ahead to 2026-08-09 70% evidence
Exact sum: 13.4 + 5.7 + 11.5 + 3 = 33.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
05 · what price has already done

Market action

Axis Solutions Ltd has the strongest one-year price move in Engineering - Light - General at +2301.9%. It also leads on Mansfield relative strength against NIFTY at +187.6%. 5 of 6 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-09-11.

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 · the story behind the numbers

Engineering - Light - General — the story behind the numbers

This is the written read behind the Engineering - Light - General figures above — what is actually happening in the sector, in words, with the evidence each claim rests on. It is dated 22 Aug 2026. It also states what would change this read.

How old this read is: This read comes from our fortnightly sector read dated 22 Aug 2026, so the words here and the numbers above them cover the same few weeks.

What would change this read

If Omnitech's September-2026 quarter holds operating margin at or above 33% while sales stay on the guided 35-40% path — reversing the three-print slide from 38.1% to 30.5% — and Axis Solutions announces its dilution with a defined size that the market absorbs without a re-rating, then the…

Sources: our fortnightly Engineering - Light - General read, 22 Aug 2026.

07 · compare level, then change

Revenue Scale & Growth Durability

Omnitech Engineering Ltd has the highest Revenue among the 8 Engineering - Light - General companies compared here, at ₹575 crore. Axis Solutions Ltd is next at ₹262 crore. Axis Solutions Ltd has the highest Revenue growth at 27.3%, so level and change sit with different companies. 2 of 8 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Omnitech Engineering Ltd is the scale leader at ₹575 crore, 119.3% ahead of Axis Solutions Ltd. Axis Solutions Ltd's growth is 27.3% from a ₹262 crore base, with 16 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderOmnitech Engineering Ltd · ₹575 crore
Gap119.3% versus #2 · Axis Solutions Ltd
Persistence3/3 recent comparable periods
Coverage2/8 companies · 48 observations

Investor read: Omnitech Engineering Ltd is the scale benchmark; Axis Solutions Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Omnitech Engineering Ltd's growth falls below Axis Solutions 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
1Omnitech Engineering Ltd OMNI₹575 Cr
2Axis Solutions Ltd 511144₹262 Cr
Revenue growthfastest growers
1Axis Solutions Ltd 51114427%
Revenue · company comparison
2/8 level · 1/8 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
Omnitech Engineering Ltd OMNI₹167 Cr62%Jun 2026
Shree Refrigerations Ltd 544458₹103 Cr115%Mar 2026
C2C Advanced Systems Ltd C2C⚠ unverified₹80 Cr11%Mar 2026
Filtron Engineers Ltd 531191₹65 Cr10,850%Mar 2026
Axis Solutions Ltd 511144₹49 Cr78%Jun 2026
Tankup Engineers Ltd TANKUP₹36 Cr163%Mar 2026
Sunita Tools Ltd 544001₹32 Cr114%Mar 2026
Full 20-quarter history · every available company

Revenue · reported quarter history

Axis Solutions Ltd · 511144

₹36 Cr
₹5 Cr
₹0 Cr
₹0 Cr
—
—
—
—
₹39 Cr
₹26 Cr
₹56 Cr
₹23 Cr
₹42 Cr
₹37 Cr
₹99 Cr
₹27 Cr
₹49 Cr
₹46 Cr
₹117 Cr
₹49 Cr

C2C Advanced Systems Ltd · C2C⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
₹43 Cr
—
₹72 Cr
—
₹66 Cr
—
₹80 Cr
—

Filtron Engineers Ltd · 531191

—
—
—
—
—
—
—
—
—
—
—
—
—
₹0 Cr
₹0 Cr
—
₹0 Cr
₹11 Cr
₹65 Cr
—

Omnitech Engineering Ltd · OMNI

—
—
—
—
—
—
—
—
—
—
—
—
—
₹74 Cr
₹107 Cr
₹103 Cr
₹125 Cr
₹134 Cr
₹149 Cr
₹167 Cr

Shree Refrigerations Ltd · 544458

—
—
—
—
—
—
—
—
—
—
—
—
₹51 Cr
—
₹48 Cr
—
₹50 Cr
—
₹103 Cr
—

Sunita Tools Ltd · 544001

—
—
—
—
₹5 Cr
—
—
—
₹9 Cr
—
₹18 Cr
—
₹15 Cr
—
₹15 Cr
—
₹16 Cr
—
₹32 Cr
—

Tankup Engineers Ltd · TANKUP

—
—
—
—
—
—
—
—
—
—
₹11 Cr
—
₹7 Cr
—
₹14 Cr
—
₹22 Cr
—
₹36 Cr
—

Revenue growth · reported quarter history

Axis Solutions Ltd · 511144

—
-88%
-99%
-100%
—
—
—
—
—
—
—
—
8.2%
46%
79%
20%
18%
24%
18%
78%

C2C Advanced Systems Ltd · C2C⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
53%
—
11%
—

Filtron Engineers Ltd · 531191

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
10,850%
—
—

Omnitech Engineering Ltd · OMNI

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
81%
39%
62%

Shree Refrigerations Ltd · 544458

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
-2.0%
—
115%
—

Sunita Tools Ltd · 544001

—
—
—
—
—
—
—
—
69%
—
—
—
79%
—
-16%
—
2.4%
—
114%
—

Tankup Engineers Ltd · TANKUP

—
—
—
—
—
—
—
—
—
—
—
—
—
—
18%
—
221%
—
163%
—
08 · compare level, then change

Operating Economics & Margin Trend

Omnitech Engineering Ltd has the highest OPM among the 8 Engineering - Light - General companies compared here, at 30%. Shree Refrigerations Ltd is next at 26%. Filtron Engineers Ltd has the highest Margin change at +243.4 percentage points, so level and change sit with different companies. 7 of 8 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Omnitech Engineering Ltd leads opm at 30%; Filtron Engineers Ltd leads margin change at +243.4 percentage points.

LeaderOmnitech Engineering Ltd · 30%
Gap15.4% versus #2 · Shree Refrigerations Ltd
Persistence2/3 recent comparable periods
Coverage7/8 companies · 48 observations

Investor read: Omnitech 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
1Omnitech Engineering Ltd OMNI30%
2Shree Refrigerations Ltd 54445826%
3Sunita Tools Ltd 54400115%
4Tankup Engineers Ltd TANKUP13%
5Axis Solutions Ltd 51114413%
Margin changefastest expanders
1Filtron Engineers Ltd 531191+243.4 pp
2Omnitech Engineering Ltd OMNI+4.0 pp
3Axis Solutions Ltd 511144+2.7 pp
4Shree Refrigerations Ltd 544458+2.0 pp
5Tankup Engineers Ltd TANKUP+0.9 pp
Operating margin · company comparison
7/8 level · 7/8 change
All-company data · latest reported quarter
CompanyOPMMargin changeReported
Omnitech Engineering Ltd OMNI30%+4.0 ppJun 2026
Shree Refrigerations Ltd 54445826%+2.0 ppMar 2026
Sunita Tools Ltd 54400115%−9.7 ppMar 2026
Tankup Engineers Ltd TANKUP13%+0.9 ppMar 2026
Axis Solutions Ltd 51114413%+2.7 ppJun 2026
Filtron Engineers Ltd 5311913.6%+243.4 ppMar 2026
C2C Advanced Systems Ltd C2C⚠ unverified-8.0%−47.0 ppMar 2026
Full 20-quarter history · every available company

OPM · reported quarter history

Axis Solutions Ltd · 511144

1.5%
-0.8%
93%
93%
—
—
—
—
43%
16%
4.3%
47%
23%
6.5%
13%
9.9%
12%
16%
25%
13%

C2C Advanced Systems Ltd · C2C⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
32%
—
39%
—
45%
—
-8.0%
—

Filtron Engineers Ltd · 531191

—
—
—
—
—
—
—
—
—
—
—
—
0.0%
-230%
—
—
—
13%
3.6%
—

Omnitech Engineering Ltd · OMNI

—
—
—
—
—
—
—
—
—
—
—
—
—
33%
40%
26%
35%
38%
33%
30%

Shree Refrigerations Ltd · 544458

—
—
—
—
—
—
—
—
—
—
—
—
30%
—
24%
—
11%
—
26%
—

Sunita Tools Ltd · 544001

—
—
—
—
34%
—
—
—
31%
26%
29%
—
28%
—
25%
—
28%
—
15%
—

Tankup Engineers Ltd · TANKUP

—
—
—
—
—
—
—
—
—
—
18%
—
13%
—
12%
—
12%
—
13%
—

Margin change · reported quarter history

Axis Solutions Ltd · 511144

−0.9 pp
−2.0 pp
+87.3 pp
+90.0 pp
—
—
—
—
—
—
—
—
−20.2 pp
−9.0 pp
+9.0 pp
−37.1 pp
−11.4 pp
+9.7 pp
+11.4 pp
+2.7 pp

C2C Advanced Systems Ltd · C2C⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
+13.0 pp
—
−47.0 pp
—

Filtron Engineers Ltd · 531191

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
+243.4 pp
—
—

Omnitech Engineering Ltd · OMNI

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
+5.0 pp
−7.0 pp
+4.0 pp

Shree Refrigerations Ltd · 544458

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
−19.0 pp
—
+2.0 pp
—

Sunita Tools Ltd · 544001

—
—
—
—
—
—
—
—
−3.5 pp
—
—
—
−2.9 pp
—
−3.7 pp
—
−0.0 pp
—
−9.7 pp
—

Tankup Engineers Ltd · TANKUP

—
—
—
—
—
—
—
—
—
—
—
—
—
—
−5.6 pp
—
−0.7 pp
—
+0.9 pp
—
09 · compare level, then change

Profit Scale & Acceleration

Omnitech Engineering Ltd has the highest Net profit among the 8 Engineering - Light - General companies compared here, at ₹104 crore. Axis Solutions Ltd is next at ₹30 crore. Axis Solutions Ltd has the highest Profit growth at 16.7%, so level and change sit with different companies. Its Net profit series carries 7 reported observations across the 20-quarter window.

What the numbers say: Omnitech Engineering Ltd leads with ₹104 crore of TTM profit, 244.4% above Axis Solutions Ltd. Axis Solutions Ltd shows 16.7% growth from a ₹30 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderOmnitech Engineering Ltd · ₹104 crore
Gap244.4% versus #2 · Axis Solutions Ltd
Persistence3/3 recent comparable periods
Coverage2/8 companies · 48 observations

Investor read: Omnitech 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
1Omnitech Engineering Ltd OMNI₹104 Cr
2Axis Solutions Ltd 511144₹30 Cr
Profit growthfastest growers
1Axis Solutions Ltd 51114417%
Net profit · company comparison
2/8 level · 1/8 change
All-company data · latest reported quarter
CompanyNet profitProfit growthReported
Omnitech Engineering Ltd OMNI₹30 Cr500%Jun 2026
Shree Refrigerations Ltd 544458₹20 Cr400%Mar 2026
Sunita Tools Ltd 544001₹3 Cr91%Mar 2026
Axis Solutions Ltd 511144₹3 Cr77%Jun 2026
Filtron Engineers Ltd 531191₹3 Cr—Mar 2026
Tankup Engineers Ltd TANKUP₹3 Cr174%Mar 2026
C2C Advanced Systems Ltd C2C⚠ unverified₹-5 Cr-126%Mar 2026
Full 20-quarter history · every available company

Net profit · reported quarter history

Axis Solutions Ltd · 511144

₹0 Cr
₹-0 Cr
₹1 Cr
₹0 Cr
—
—
—
—
₹16 Cr
₹3 Cr
₹12 Cr
₹10 Cr
₹9 Cr
₹2 Cr
₹13 Cr
₹2 Cr
₹4 Cr
₹6 Cr
₹17 Cr
₹3 Cr

C2C Advanced Systems Ltd · C2C⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
₹10 Cr
—
₹19 Cr
—
₹24 Cr
—
₹-5 Cr
—

Filtron Engineers Ltd · 531191

—
—
—
—
—
—
—
—
—
—
—
—
—
₹-0 Cr
₹-0 Cr
—
₹-0 Cr
₹1 Cr
₹3 Cr
—

Omnitech Engineering Ltd · OMNI

—
—
—
—
—
—
—
—
—
—
—
—
—
₹8 Cr
₹20 Cr
₹5 Cr
₹23 Cr
₹22 Cr
₹29 Cr
₹30 Cr

Shree Refrigerations Ltd · 544458

—
—
—
—
—
—
—
—
—
—
—
—
₹8 Cr
—
₹4 Cr
—
₹2 Cr
—
₹20 Cr
—

Sunita Tools Ltd · 544001

—
—
—
—
₹1 Cr
—
—
—
₹2 Cr
—
₹3 Cr
—
₹3 Cr
—
₹2 Cr
—
₹3 Cr
—
₹3 Cr
—

Tankup Engineers Ltd · TANKUP

—
—
—
—
—
—
—
—
—
—
₹2 Cr
—
₹1 Cr
—
₹1 Cr
—
₹2 Cr
—
₹3 Cr
—

Profit growth · reported quarter history

Axis Solutions Ltd · 511144

—
-124%
—
—
—
—
—
—
—
—
—
—
-44%
-42%
16%
-83%
-51%
254%
23%
77%

C2C Advanced Systems Ltd · C2C⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
140%
—
-126%
—

Omnitech Engineering Ltd · OMNI

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
175%
45%
500%

Shree Refrigerations Ltd · 544458

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
-75%
—
400%
—

Sunita Tools Ltd · 544001

—
—
—
—
—
—
—
—
74%
—
—
—
113%
—
-47%
—
-16%
—
91%
—

Tankup Engineers Ltd · TANKUP

—
—
—
—
—
—
—
—
—
—
—
—
—
—
-34%
—
292%
—
174%
—
10 · compare level, then change

Return On Capital Employed

Axis Solutions Ltd has the highest ROCE among the 8 Engineering - Light - General companies compared here, at 23.3%. Tankup Engineers Ltd is next at 19%. Omnitech Engineering Ltd has the highest ROCE change at -1 percentage points, so level and change sit with different companies. 7 of 8 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Axis Solutions Ltd leads ROCE at 23.3%, 4.3 percentage points above Tankup Engineers Ltd. Omnitech Engineering Ltd has the strongest latest improvement at -1 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.

LeaderAxis Solutions Ltd · 23.3%
Gap22.6% versus #2 · Tankup Engineers Ltd
PersistenceNot enough history
Coverage7/8 companies · 4 observations

Investor read: Axis Solutions 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
1Axis Solutions Ltd 51114423%
2Tankup Engineers Ltd TANKUP19%
3Omnitech Engineering Ltd OMNI18%
4Shree Refrigerations Ltd 54445814%
5C2C Advanced Systems Ltd C2C⚠ unverified14%
ROCE changefastest improvers
1Omnitech Engineering Ltd OMNI−1.0 pp
2Tankup Engineers Ltd TANKUP−2.3 pp
3Shree Refrigerations Ltd 544458−4.0 pp
4Axis Solutions Ltd 511144−6.0 pp
5Sunita Tools Ltd 544001−6.5 pp
Return on capital · company comparison
7/8 level · 6/8 change

Withheld from this chart: Omnitech Engineering Ltd (OMNI) — its two data sources disagree by up to 168% on reported income across 6 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
C2C Advanced Systems Ltd C2C⚠ unverified8.2%−10.9 ppMar 2026
Full 20-quarter history · every available company

ROCE · reported quarter history

C2C Advanced Systems Ltd · C2C⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
15%
—
19%
—
24%
—
8.2%
—

ROCE change · reported quarter history

C2C Advanced Systems Ltd · C2C⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
+8.6 pp
—
−10.9 pp
—
11 · compare level, then change

Valuation Against Growth & Quality

No company in this Engineering - Light - General comparison reports a valuation figure this section can compare, so the PEG rank is empty. On P/E, C2C Advanced Systems Ltd is lowest at 24.2×, across 8 of 8 companies with a usable reading.

What the numbers say: There is not enough comparable evidence to name a reliable peg leader.

LeaderNo comparable leader
GapNot enough peers
PersistenceNot enough history
Coverage0/8 companies · 0 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
—Not enough comparable data—
P/Elowest P/E
1C2C Advanced Systems Ltd C2C⚠ unverified24.2
2Lloyds Engineering Works Ltd Partly Paidup LLOYDSENPP34.6
3Omnitech Engineering Ltd OMNI65.4
4Shree Refrigerations Ltd 54445866.6
5Axis Solutions Ltd 51114494.9
Valuation · company comparison
0/8 level · 8/8 change
All-company data · latest reported quarter
CompanyPEGP/EReported
Axis Solutions Ltd 511144—49.4Jun 2026
Sunita Tools Ltd 544001—123.5Mar 2026
Shree Refrigerations Ltd 544458—84.7Mar 2026
Omnitech Engineering Ltd OMNI—83.5Jun 2026
Tankup Engineers Ltd TANKUP—62.1Mar 2026
C2C Advanced Systems Ltd C2C⚠ unverified—15.1Mar 2026
Full 20-quarter history · every available company

No consistent historical series is available for peg.

P/E · reported quarter history

Axis Solutions Ltd · 511144

—
17.2
10.6
8.0
—
—
—
—
—
—
—
—
—
—
—
—
5.3
19.5
35.4
49.4

C2C Advanced Systems Ltd · C2C⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
—
31.5
—
43.3
—
15.1
—

Omnitech Engineering Ltd · OMNI

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
36.5
83.5

Shree Refrigerations Ltd · 544458

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
55.3
—
84.7
—

Sunita Tools Ltd · 544001

—
—
—
—
—
—
—
—
—
—
—
—
67.5
—
85.7
—
99.8
—
123.5
—

Tankup Engineers Ltd · TANKUP

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
125.5
—
62.1
—
12 · before the conclusion, check the blind spots

What can make this comparison misleading?

This Engineering - Light - General comparison names 7 specific ways its own evidence can mislead, all listed below. All 8 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: Revenue, Net profit, Valuation have fewer than three usable current readings.
13 · evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 8 Engineering - Light - General 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 2026-09-11.

FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-09-11 · 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 standing0 cross-checked · 7 unverified · 1 withheld, of 8 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.

14 · questions investors ask, short speakable answers

Engineering - Light - General company comparison FAQs

These 22 answers restate the Engineering - Light - General comparison above in question form. Every one is computed from the same 8 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-09-11. Nothing here is estimated, and none of it is a recommendation.

Is the Engineering - Light - General sector outperforming NIFTY 500?

Engineering - Light - General has outperformed NIFTY 500 by 240% over 52 weeks and 39.8% over 13 weeks. 5 of 6 covered companies beat NIFTY on Mansfield relative strength, while 0 of 3 beat the sector itself.

Which Engineering - Light - General company is largest by revenue?

Omnitech Engineering Ltd leads with revenue of ₹575 crore, based on 2 of 8 comparable companies through Jun 2026.

Which Engineering - Light - General company is growing fastest?

Axis Solutions Ltd has the fastest current revenue growth at 27.3%, across 1 of 8 comparable companies.

Which Engineering - Light - General company has the strongest 4-Factor Sector Score?

Axis Solutions Ltd ranks first at 61.3/100 with 69.3% evidence confidence. The score prioritizes research; it is not a buy recommendation.

How much history does this Engineering - Light - General 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 Engineering - Light - General 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 Engineering - Light - General, this page builds its own equal-weight basket of 8 listed Engineering - Light - General 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 Engineering - Light - General stocks in India?

Ranked by this page's four-factor score, Axis Solutions Ltd places first among 8 listed Engineering - Light - General companies, followed by Omnitech Engineering 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 Engineering - Light - General stocks are listed in India?

This comparison covers 8 listed Engineering - Light - General 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 Engineering - Light - General company is the biggest?

Among the 2 of 8 Engineering - Light - General companies with comparable revenue reporting, Omnitech Engineering Ltd leads at ₹575 crore. Coverage is below half the sector, so this is partial evidence, not a definitive sector ranking.

Which Engineering - Light - General company has the best profit margins?

Omnitech Engineering Ltd has the highest operating margin at 30%, from 7 of 8 comparable companies. Filtron Engineers Ltd shows the biggest improvement (+243.4 percentage points — see the chart above for the starting level). A high margin matters most when it is holding or rising, not when it is peaking.

Which Engineering - Light - General company makes the most profit?

Among the 2 of 8 Engineering - Light - General companies with comparable profit reporting, Omnitech Engineering Ltd leads at ₹104 crore of trailing-twelve-month net profit. Coverage is below half the sector, so this is partial evidence, not a definitive sector ranking.

Which Engineering - Light - General company earns the highest return on capital?

Axis Solutions Ltd leads on return on capital employed at 23.3%, across 7 of 8 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.

Is the Engineering - Light - General sector beating the market?

Engineering - Light - General has outperformed NIFTY 500 by 240% over the last 52 weeks and 39.8% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 5 of 6 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

Which Engineering - Light - General stock has the strongest price momentum?

Axis Solutions 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 Engineering - Light - General company scores highest for research priority?

Axis Solutions Ltd scores 61.3 out of 100 with 69.3% evidence confidence, from 21.1 points on growth and earnings, 17.9 on capital efficiency, 9.8 on valuation and 12.5 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 Engineering - Light - General companies does this comparison cover, and over what period?

It compares 8 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 Engineering - Light - General sector?

The 8 Engineering - Light - General companies on this page carry ₹13,566 crore of combined market value. Omnitech Engineering Ltd is the largest at ₹6,799 crore, about 50% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-09-17.

What is the Engineering - Light - General sector's P/E ratio?

The median price-to-earnings ratio across the 8 Engineering - Light - General companies on this page is 94.9×, measured on the 8 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-09-17.

How is the Engineering - Light - General sector performing?

5 of the 6 covered Engineering - Light - General companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 240% ahead of NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-09-17.

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.

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Not SEBI Registered !! Not Investment advice !!

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