Transformer stocks with ROE and ROCE of more than 20% to keep a watch onTransformer stocks with ROE and ROCE of more than 20% to keep a watch on

Introduction:

Higher ROE and ROCE indicate efficient use of shareholders’ and total capital, boosting investor confidence. They reflect strong profitability, better returns, and sound financial management, helping companies attract investment and sustain long-term growth with improved capital allocation.

Apar Industries Ltd  

Apar Industries stands out with an impressive ROCE of 44.0% and ROE of 26.8%. The company’s strong return ratios reflect efficient capital usage and solid profitability, making it a key stock to track in the power and transformer sector.

On April 17, 2025, Apar Industries Ltd opened at ₹4,995.50, reaching a high of ₹5,007.50, and a low of ₹4,890.00, down 1.95% from the previous close of ₹4,995.50. The stock closed at ₹4,898.00, with a market cap of ₹19,674.44 Crores.

Apar Industries Ltd (NSE: APARINDS) is a leading manufacturer of conductors, cables, and transformer oils, serving power and telecom sectors globally. It operates across multiple energy segments and is known for its innovation, exports, and strong presence in transmission infrastructure.

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Suzlon Energy Ltd  

Suzlon Energy reports a ROCE of 24.9% and ROE of 28.8%, showcasing a sharp turnaround in financial performance. With improving balance sheet strength and sectoral tailwinds, the company is drawing investor attention as a potential energy transformation play.

On April 17, 2025, Suzlon Energy Ltd opened at ₹54.38, reaching a high of ₹55.71, up 1.36% from the previous close of ₹54.34 and a low of ₹54.00. The stock closed at ₹55.08, with a market cap of ₹75,175.64 Crores.

Suzlon Energy Ltd (BSE: 532667) is a renewable energy solutions provider specializing in wind turbine manufacturing and services. Headquartered in Pune, the company plays a vital role in India’s green energy mission, offering sustainable and cost-effective wind power technologies.

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Voltamp Transformers Ltd  

Voltamp Transformers delivers a healthy ROCE of 31.6% and ROE of 24.3%. Known for its consistent margins and strong cash flows, it remains a steady performer among transformer stocks, ideal for investors seeking both growth and stability.

On April 17, 2025, Voltamp Transformers Ltd opened at ₹7,400.00, reaching a high of ₹7,449.00, and a low of ₹7,212.50, down 0.98% from the previous close of ₹7,342.00. The stock closed at ₹7,270.00, with a market cap of ₹10,513.58 Crores.

Voltamp Transformers Ltd (NSE: VOLTAMP) is a key player in the electrical equipment sector, focused on designing and manufacturing power and distribution transformers. With a solid domestic market presence, it caters to utilities, industries, and infrastructure projects across India.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.