Best Machinery Stocks in India (2025)
Explore the top machinery stocks in India based on market capitalisation set to benefit from rising automation, efficiency, and a booming industrial equipment market.
List of Best Machinery Sector Stocks in India (2025)
Machinery Stocks
List of machinery stocks listed in NSE.
last updated at 6:30 PM IST
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Showing 1 - 20 of 202 results
last updated at 6:30 PM IST
| NameStocks (202)↓ | ↓Sub-SectorSub-Sector↓ | ↓Market CapMarket Cap↓ | ↓Close PriceClose Price↓ | ↓PE RatioPE Ratio↓ | ↓1M Return1M Return↓ | ↓6M Return6M Return↓ | ↓1Y Return1Y Return↓ | ↓PB RatioPB Ratio↓ | ↓Return on EquityReturn on Equity↓ | ↓ROCEROCE↓ | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Cummins India LtdCUMMINSIND | Industrial MachineryIndustrial Machinery | 79,816.9779,816.97 | 2,879.402,879.40 | 46.3946.39 | -0.30-0.30 | -13.43-13.43 | -18.02-18.02 | 12.0712.07 | 27.8227.82 | 32.2832.28 | |
| 2. | Thermax LimitedTHERMAX | Industrial MachineryIndustrial Machinery | 37,405.4737,405.47 | 3,320.803,320.80 | 58.9658.96 | 4.104.10 | -32.34-32.34 | -27.95-27.95 | 8.438.43 | 15.5315.53 | 18.4918.49 | |
| 3. | AIA Engineering LtdAIAENG | Industrial MachineryIndustrial Machinery | 30,135.9530,135.95 | 3,229.303,229.30 | 26.5426.54 | 0.710.71 | -8.12-8.12 | -14.45-14.45 | 4.524.52 | 18.3618.36 | 22.5522.55 | |
| 4. | Jyoti CNC Automation LtdJYOTICNC | Industrial MachineryIndustrial Machinery | 28,077.6628,077.66 | 1,234.601,234.60 | 186.12186.12 | 14.3214.32 | 17.5717.57 | 48.2548.25 | 20.5820.58 | 20.8620.86 | 18.7618.76 | |
| 5. | Timken India LtdTIMKEN | Industrial MachineryIndustrial Machinery | 21,459.1521,459.15 | 2,852.902,852.90 | 54.7254.72 | 14.4614.46 | -14.31-14.31 | -18.49-18.49 | 8.888.88 | 17.6117.61 | 21.0021.00 | |
| 6. | SKF India LtdSKFINDIA | Industrial MachineryIndustrial Machinery | 20,799.0520,799.05 | 4,207.104,207.10 | 37.6937.69 | 5.305.30 | -13.79-13.79 | -16.91-16.91 | 7.757.75 | 21.9721.97 | 27.0627.06 | |
| 7. | Carborundum Universal LtdCARBORUNIV | Industrial MachineryIndustrial Machinery | 18,749.0218,749.02 | 984.60984.60 | 64.0564.05 | 2.372.37 | -30.71-30.71 | -34.65-34.65 | 5.745.74 | 14.8514.85 | 14.1114.11 | |
| 8. | LMW LtdLMW | Industrial MachineryIndustrial Machinery | 18,672.8218,672.82 | 17,479.0017,479.00 | 49.9749.97 | 10.8410.84 | 14.6114.61 | 7.197.19 | 6.916.91 | 14.8214.82 | 16.2116.21 | |
| 9. | Grindwell Norton LtdGRINDWELL | Industrial MachineryIndustrial Machinery | 18,451.4918,451.49 | 1,666.501,666.50 | 50.0450.04 | 1.471.47 | -20.29-20.29 | -25.31-25.31 | 8.938.93 | 19.7619.76 | 22.8422.84 | |
| 10. | Kirloskar Brothers LtdKIRLOSBROS | Industrial MachineryIndustrial Machinery | 15,109.1415,109.14 | 1,902.701,902.70 | 43.4043.40 | 13.2313.23 | -1.58-1.58 | 33.5433.54 | 8.768.76 | 22.2322.23 | 26.3726.37 | |
| 11. | Action Construction Equipment LtdACE | Heavy MachineryHeavy Machinery | 14,579.3414,579.34 | 1,225.101,225.10 | 44.4344.43 | -4.04-4.04 | -0.25-0.25 | -8.93-8.93 | 11.8411.84 | 30.5030.50 | 36.7436.74 | |
| 12. | Elgi Equipments LtdELGIEQUIP | Industrial MachineryIndustrial Machinery | 14,557.0114,557.01 | 461.10461.10 | 46.6846.68 | 8.858.85 | -19.11-19.11 | -26.41-26.41 | 9.049.04 | 20.9220.92 | 27.8427.84 | |
| 13. | KSB LtdKSB | Industrial MachineryIndustrial Machinery | 13,945.7613,945.76 | 801.30801.30 | 56.3556.35 | 6.336.33 | 0.280.28 | -12.18-12.18 | 9.399.39 | 17.7617.76 | 21.5521.55 | |
| 14. | Craftsman Automation LtdCRAFTSMAN | Industrial MachineryIndustrial Machinery | 12,300.4212,300.42 | 5,156.205,156.20 | 63.2263.22 | 14.9514.95 | 10.4010.40 | 19.2119.21 | 7.027.02 | 19.0919.09 | 15.3215.32 | |
| 15. | Ingersoll-Rand (India) LtdINGERRAND | Industrial MachineryIndustrial Machinery | 12,105.0712,105.07 | 3,834.603,834.60 | 54.4454.44 | 5.925.92 | -6.44-6.44 | -11.01-11.01 | 20.8620.86 | 38.4038.40 | 50.6750.67 | |
| 16. | Kirloskar Oil Engines LtdKIRLOSENG | Industrial MachineryIndustrial Machinery | 10,434.0310,434.03 | 718.70718.70 | 23.6123.61 | -3.97-3.97 | -34.46-34.46 | -34.80-34.80 | 3.923.92 | 17.8017.80 | 19.5619.56 | |
| 17. | Vesuvius India LtdVESUVIUS | Industrial MachineryIndustrial Machinery | 10,167.5210,167.52 | 5,009.605,009.60 | 38.4438.44 | 9.229.22 | -5.39-5.39 | 7.467.46 | 7.117.11 | 20.1620.16 | 23.7923.79 | |
| 18. | Shakti Pumps (India) LtdSHAKTIPUMP | Industrial MachineryIndustrial Machinery | 10,126.5410,126.54 | 842.40842.40 | 24.8024.80 | -12.91-12.91 | 15.4615.46 | 123.46123.46 | 13.4013.40 | 24.1524.15 | 78.3978.39 | |
| 19. | INOX India LtdINOXINDIA | Industrial MachineryIndustrial Machinery | 9,582.819,582.81 | 1,055.801,055.80 | 48.8948.89 | 1.851.85 | -10.73-10.73 | -17.85-17.85 | 14.7614.76 | 32.7132.71 | 38.7438.74 | |
| 20. | Tega Industries LtdTEGA | Industrial MachineryIndustrial Machinery | 9,173.919,173.91 | 1,378.801,378.80 | 47.3247.32 | -8.87-8.87 | -32.86-32.86 | -12.33-12.33 | 7.707.70 | 17.3017.30 | 20.5920.59 |
Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.
Selection criteria: Sub-sector: Industrial, Heavy and Agriculatral Machinery | Market Cap: Sorted from Highest to Lowest
Selection criteria: Sub-sector: Industrial, Heavy and Agriculatral Machinery | Market Cap: Sorted from Highest to Lowest
Overview of the Top Machinery Stocks in India
Cummins India Ltd
A subsidiary of Cummins Inc., it manufactures and distributes diesel and natural gas engines, power generation systems, and related components, serving automotive, industrial, and power sectors.
Thermax Limited
A leader in energy and environment solutions, it provides heating, cooling, water treatment, and waste management technologies for industrial and commercial applications.
AIA Engineering Ltd
Specialises in high-chrome grinding media, mill liners, and wear-resistant castings for cement, mining, and thermal power industries, enhancing operational efficiency.
Jyoti CNC Automation Ltd
A prominent manufacturer of CNC machines, it offers precision solutions for industries like aerospace, defense, and automotive manufacturing.
Carborundum Universal Ltd
Part of the Murugappa Group, it produces abrasives, ceramics, and electro-minerals used in metalworking, construction, and industrial applications.
Advantages of Investing in Machinery Stocks in India
Economic Growth Alignment
India's expanding economy and infrastructure development drive demand for industrial machinery and boost all machinery stocks.
Government Support
Initiatives like "Make in India" and production-linked incentive schemes bolster the manufacturing sector and heavy machinery stocks, creating a favourable environment for industrial machinery companies.
Technological Advancements
The sector's adoption of advanced technologies enhances productivity and efficiency, positioning agricultural machinery stocks on the machinery stocks list favourably in a competitive market.
Export Opportunities
India is the third-largest market for construction equipment, heavy electrical and power equipment, earthmoving and mining machinery, and the process plant equipment industry together account for 85% of India's total capital goods exports.
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Factors to Consider Before Investing in Machinery Stocks
Financial Health
Assess the company's profitability, debt levels, and cash flow. Strong financials can indicate stability and the ability to invest in growth opportunities in automation machinery stocks and manufacturing stocks.
Technological Innovation
Short and long-term Machinery stocks NSE investing in advanced technologies and innovation are better positioned to stay competitive and meet evolving industry demands.
Market Position and Order Book
A robust order book and strong market presence suggest sustained demand for the company's products, indicating potential for future revenue.
Economic and Industry Trends
Stay informed about economic conditions, government policies, and infrastructure spending, as these factors significantly impact the industrial machinery sector.
Global Exposure and Export Potential
The best industrial machinery stocks on the machine stock list with international operations or export capabilities can benefit from diversified revenue streams and reduced dependence on the domestic market.
Risk Factors
Consider potential risks such as cyclical demand fluctuations, competition, regulatory changes, and technological obsolescence that could affect the company's performance.
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Frequently Asked Questions on Machinery Stocks
1. What are industrial machinery stocks?
Industrial machinery stocks refer to shares of companies that manufacture equipment, machinery, and tools used in industries such as manufacturing, construction, and energy. These companies play a crucial role in infrastructure development and economic growth.2. Why should investors consider industrial machinery stocks?
Industrial machinery stocks and precision engineering stocks can be a good investment due to India's growing infrastructure projects, increasing government spending on manufacturing, and rising demand for automation in industries. Companies with strong financials and innovative products tend to perform well.3. Are industrial machinery stocks risky investments?
Like any equity investment, industrial machinery stocks come with risks such as economic downturns, supply chain disruptions, and fluctuating raw material costs. Global competition and policy changes can also impact growth, making thorough research essential before investing.4. Which government policies support the industrial machinery sector?
Policies like Make in India, PLI schemes, and infrastructure development initiatives encourage local manufacturing and investment. These initiatives aim to boost industrial production, attract foreign direct investment (FDI), and enhance global competitiveness for the best-performing machinery companies in India.5. Where can investors track industrial machinery stock performance?
Investors can track industrial machinery stocks and undervalued machinery stocks on platforms like Tickertape Stock Screener for real-time updates and stock analysis
