Small Cap Electrical Equipment Stocks

The table below shows the small-cap electrical equipment stocks based on the highest market capitalization.

Content: 

• What Are Electrical Equipment Stocks?
• Top Small Cap Electrical Equipment Stocks
• Best Small Cap Electrical Equipment Stocks
• List Of Small Cap Electrical Equipment Stocks
• Top Small Cap Electrical Equipment Stocks In India
• Who Should Invest In Small Cap Electrical Equipment Stocks?
• How To Invest In Small Cap Electrical Equipment Stocks?
• Performance Metrics Of Small Cap Electrical Equipment Stocks In India 
• Benefits Of Investing In Small Cap Electrical Equipment Stocks
• Challenges Of Investing In Small Cap Electrical Equipment Stocks In India 
• Introduction To Small Cap Electrical Equipment Stocks
• Small Cap Electrical Equipment Stocks – FAQs

What Are Electrical Equipment Stocks?

Electrical equipment stocks refer to shares of publicly traded companies involved in the manufacturing, distribution, and sale of electrical products and equipment. These companies produce a wide range of items such as wiring devices, lighting fixtures, power distribution systems, electrical components, and appliances used in residential, commercial, and industrial settings.

Top Small Cap Electrical Equipment Stocks

The table below shows the Top Small Cap Electrical Equipment Stocks based on 1 Year Return. 

Best Small Cap Electrical Equipment Stocks

The table below shows the best Small-cap Electrical equipment stocks based on the highest day volume.

List Of Small Cap Electrical Equipment Stocks

The table below lists Small-cap electrical equipment stocks based on the PE ratio. 

Top Small Cap Electrical Equipment Stocks In India

The table below shows the top small-cap electrical equipment stocks in India based on the 6-month return. 

Who Should Invest In Small Cap Electrical Equipment Stocks?

Investors seeking growth opportunities in the electrical industry may consider investing in small-cap electrical equipment stocks. These stocks can appeal to those with a higher risk tolerance and a long-term investment horizon. However, investors should conduct thorough research on individual companies, assessing their financial health, market position, and growth prospects, before investing in small-cap electrical equipment stocks.

How To Invest In Small Cap Electrical Equipment Stocks?

To invest in small-cap electrical equipment stocks, open an account with a brokerage firm providing access to Indian stock exchanges. Research small-cap electrical equipment companies and analyze their financial health and growth prospects. Then, place buy orders for desired stocks through your broker’s trading platform, considering your investment goals and risk tolerance.

Performance Metrics Of Small Cap Electrical Equipment Stocks In India

Performance Metrics Of Small Cap Electrical Equipment Stocks often rely on understanding market capitalization, which typically falls within the range of ₹300 crore to ₹2000 crore for small-cap stocks in India. This parameter offers insight into a company’s relative size within its industry landscape.

1. Revenue Growth: Look for companies that have demonstrated consistent revenue growth over time. Increasing sales indicate a healthy demand for their products and services.

2. Earnings Per Share (EPS): EPS reflects the profitability of a company on a per-share basis. Rising EPS can indicate improving profitability.

3. Profit Margin: Profit margin measures how much profit a company makes for every rupee of revenue generated. A higher profit margin indicates that a company is more efficient at turning revenue into profit.

4. Return on Equity (ROE): ROE measures a company’s efficiency in generating profits from shareholders’ equity. It’s a good indicator of management’s ability to create value for shareholders.

5. Debt-to-Equity Ratio: This ratio compares a company’s debt to its equity. Lower debt-to-equity ratios indicate lower risk and financial leverage.

6. Price-to-Earnings (P/E) Ratio: The P/E ratio compares a company’s current stock price to its earnings per share. A lower P/E ratio might indicate that a stock is undervalued relative to its earnings potential.

7. Dividend Yield: If you’re interested in income-generating stocks, look for companies with a healthy dividend yield. This metric compares the annual dividend payment to the current share price.

Benefits Of Investing In Small Cap Electrical Equipment Stocks

The main benefits of investing in small-cap electrical equipment stocks include the potential for greater returns on investment, particularly for investors comfortable with higher risk levels, despite the inherent volatility and lower liquidity associated with small-cap stocks.

1. High Growth Potential: Small-cap companies often have more room for growth compared to larger, more established firms. They may operate in niche markets or emerging sectors, providing opportunities for significant expansion.

2. Undervalued Opportunities: Small-cap stocks may be overlooked or undervalued by the market, presenting opportunities for investors to capitalize on potential price appreciation as these companies gain recognition and profitability.

3. Early Entry into Emerging Trends: Small-cap companies are often at the forefront of innovation and technological advancements. Investing in these stocks allows investors to gain early exposure to emerging trends in the electrical equipment industry.

4. Flexibility and Agility: Smaller companies can adapt more quickly to changing market conditions and consumer demands compared to larger corporations. This agility can translate into faster growth and higher returns for investors.

5. Portfolio Diversification: Adding small-cap electrical equipment stocks to a portfolio can enhance diversification, as they often have a low correlation with larger-cap stocks and other asset classes. This can help reduce overall portfolio risk.

6. Potential for Mergers and Acquisitions: Small-cap companies with unique technologies or products may become attractive targets for acquisition by larger firms seeking to expand their product offerings or market presence. Such acquisitions can lead to significant returns for shareholders.

Challenges Of Investing In Small Cap Electrical Equipment Stocks In India

The main challenges of investing in small cap electrical equipment stocks include the potential difficulty small-cap companies encounter in recruiting and retaining seasoned management talent, affecting their capacity to implement business strategies proficiently and generate sustainable shareholder value over time.

1. Higher Risk: Small-cap stocks tend to be more volatile and less liquid than larger-cap stocks, making them susceptible to significant price fluctuations and potentially higher investment losses.

2. Limited Resources and Visibility: Small-cap companies often have limited financial resources and may lack the visibility and brand recognition enjoyed by larger competitors. This can make it challenging for investors to assess the company’s prospects accurately.

3. Market Sentiment and Investor Behavior: Small-cap stocks can be more sensitive to changes in market sentiment and investor behavior, leading to rapid price swings that may not necessarily reflect the underlying fundamentals of the company.

4. Greater Vulnerability to Economic Downturns: Small-cap companies may lack the diversification and financial strength to weather economic downturns effectively, putting them at higher risk of financial distress or bankruptcy during challenging economic conditions.

5. Lack of Analyst Coverage: Small-cap stocks often receive limited analyst coverage compared to larger companies, making it more difficult for investors to access reliable and comprehensive research and analysis to inform their investment decisions.

6. Difficulty in Exiting Positions: Due to lower liquidity, it can be more challenging to buy and sell shares of small-cap stocks at desired prices, especially when investors need to exit positions quickly or in large quantities.

Introduction To Small Cap Electrical Equipment Stocks

Small Cap Electrical Equipment Stocks – Highest Market Capitalization

HPL Electric & Power Ltd

The Market Cap of HPL Electric & Power Ltd is Rs. 2632.78 crores. The stock’s monthly return is 21.04%. Its one-year return is 333.51%. The stock is 7.14% away from its 52-week high.

HPL Electric & Power Limited manufactures electric equipment, specializing in electrical and power distribution products. The company operates across four main segments: metering, switchgear, Lighting, and Wires and cables. Within the Metering segment, the company offers a range of products such as smart meters, net meters, prepaid meters, and trivector meters. 

The Switchgear segment includes Industrial Applications like air circuit breakers (ACB) and molded case circuit breakers (MCCB), Domestic Applications including miniature circuit breakers (MCB) and residual current circuit breakers (RCCB), and Modular Switch & Accessories. The Lighting segment comprises consumer LED products, commercial LED products, and outdoor LED products. In contrast, the Wires and Cables segment includes fire-resistant cables, co-axial cables, solar cables, and networking/data cables.

Precision Wires India Ltd

The Market Cap of Precision Wires India Ltd is Rs. 2486.03 crores. The stock’s monthly return is 8.68%. Its one-year return is 61.71%. The stock is 11.75% away from its 52-week high.

Precision Wires India Limited, headquartered in India, specializes in manufacturing a variety of copper winding wires, including enameled round and rectangular wires and paper/mica/nomex insulated copper conductors (PICC). These products are essential for applications in the electrical and electronic industries. 

The company boasts a production capacity of around 40,000 megatons (MT) per year. Its product lineup features enameled round and rectangular winding wires, paper-insulated copper conductors, and continuously transposed conductors. The enameled round winding wires are utilized in electrical devices such as motors, generators, transformers, and household appliances. Meanwhile, the enameled rectangular copper wires find applications in low—and medium-voltage electrical equipment like motors, generators, and transformers.  

Spectrum Electrical Industries Ltd

The Market Cap of Spectrum Electrical Industries Ltd is Rs. 2335.60 crore. The stock’s monthly return is -2.46%. Its one-year return is 215.06%. The stock is 26.83% away from its 52-week high.

Spectrum Electrical Industries Limited, an India-based company, specializes in designing and manufacturing various electrical components for various applications. The company is involved in activities such as designing, fabrication, molding, powder coating, surface coating, and assembly to produce its range of products. These products include mini miniature circuit breakers (MCB) base and cover, distribution boards, air conditioner (AC) boxes, modular electric board panels, lamp angle holders, and surface coating services. 

The company operates manufacturing facilities in Jalgaon and Nashik in Maharashtra for surface coating services, sheet metal fabrication, electrical press components, tools, molds, and dies, and plastic injection-molded components. Additionally, its wholly-owned subsidiary is Spectrum Electrical Life Solutions Pvt. Ltd.

Top Small Cap Electrical Equipment Stocks – 1-Year Return

S & S Power Switchgear Ltd

The Market Cap of S & S Power Switchgear Ltd is Rs. 165.70 crore. The stock’s monthly return is -11.54%. Its one-year return is 911.32%. The stock is 24.77% away from its 52-week high.

S & S Power Switchgear Limited is an Indian company specializing in power switching and protection products and services. The company is involved in designing, manufacturing, and selling new circuit breaker products and servicing old circuit breaker installations. It operates in India and the United Kingdom and offers products such as disconnectors, vacuum circuit breakers (VCBs), and control and relay panels. 

Services provided include retrofitting, refurbishment, engineering, automation, modernization of high-voltage substations, warranty and non-warranty services, training, assessment, and asset management. The company offers a variety of indoor and outdoor VCBs with voltage capacities of up to 36 kilovolts (KV). Subsidiaries of S & S Power Switchgear Limited include S&S Power Switchgear Equipment Limited, Acrastyle Power (India) Limited, and Acrastyle EPS Technologies Limited.

Swelect Energy Systems Ltd

The Market Cap of Swelect Energy Systems Ltd is Rs. 1968.06 crore. The stock’s monthly return is 12.79%. Its one-year return is 273.88%. The stock is 14.98% away from its 52-week high.

SWELECT Energy Systems Limited, an Indian company, specializes in manufacturing and trading solar power projects and off-grid solar photovoltaic modules using crystalline silicon technology. The company is also involved in solar and wind power generation and provides contract manufacturing, installation, maintenance services, and sales of solar photovoltaic inverters and energy-efficient lighting systems. 

The company’s business segments are Solar Energy Systems/Services and Foundry. Services include rooftop installations, energy audits, and site feasibility analysis. Its subsidiaries include various entities engaged in the renewable energy sector.

Hind Rectifiers Ltd

The market cap of Hind Rectifiers Ltd is Rs. 1231.96 crore. The stock’s monthly return is 13.00%. Its one-year return is 235.21%. The stock is 14.63% away from its 52-week high.

Hind Rectifiers Limited, an India-based company, specializes in developing, designing, manufacturing, and marketing power semiconductors, electronic equipment, and railway transportation equipment.  The company’s equipment division provides comprehensive solutions for designing, producing, and maintaining power electronic equipment for aviation, power generation, telecommunications, and various industrial applications.  Its semiconductor division manufactures power diodes, thyristors, power modules, and specialized products.  

The company produces inverters, converters, rectifiers, and transformers in the traction division.  Hind Rectifiers Limited’s product range includes high-voltage power supplies for pollution control in power plants, large current rectifiers for electrochemical industries, and insulated-gate bipolar transistor (IGBT) based converters, transformers, and auxiliary panels for three-phase locomotives. They also offer specially designed auxiliary panels for Linke Hofmann Busch (LHB) coaches used in railway transportation.

Best Small Cap Electrical Equipment Stocks – Highest Day Volume

Pressure Sensitive Systems (India) Ltd

The Market Cap of Pressure Sensitive Systems (India) Ltd is Rs. 115.87 crore. The stock’s monthly return is -1.38% and its one-year return is -25.62%. The stock is 66.45% away from its 52-week high.

Pressure Sensitive Systems (India) Limited is an India-based company currently inactive. The management is seeking opportunities to reestablish operations as the company does not currently have any significant business activity.

MIC Electronics Ltd

The Market Cap of MIC Electronics Ltd is Rs. 1096.16 crores. The stock’s monthly return is 17.06%. Its one-year return is 164.00%. The stock is 12.53% away from its 52-week high.

MIC Electronics Limited, an India-based company, specializes in designing, developing, and producing LED video displays and lighting products. The company has three main segments: LED Products, Medical Appliances, and Automobiles. Its LED displays span various types such as indoor, outdoor, mobile, and customized applications. 

The LED lighting range includes indoor, solar, outdoor, and portable options. Furthermore, MIC Electronics Limited provides indoor LED displays like digital posters and video screens, outdoor LED displays such as ticker displays, digital posters, video walls, billboards, mobile LED displays for trucks and trailers, as well as specialized LED displays for passenger information and theme park applications. 

Rishabh Instruments Ltd

The Market Cap of Rishabh Instruments Ltd is Rs. 1874.10 crores. The stock’s monthly return is 8.27%. Its one-year return is 10.66%. The stock is 29.57% away from its 52-week high.

Rishabh Instruments Limited is an India-based company specializing in manufacturing, designing, and developing test and measuring instruments and industrial control products. The company offers a wide range of products, including protector relays, multifunction meters, paperless recorders, digital multimeters, energy management systems, current transformers, battery chargers, temperature controllers, insulation testers, genset controllers, CAM switches, digital panel meters, and more. 

In addition to its product offerings, Rishabh provides various services such as EMI-EMC Testing, life cycle testing, mechanical testing, and electro-technical calibration at its in-house lab, ensuring professional and prompt service for product developers. The company also features a line of Rish Rotary CAM switches that cater to different applications with varied contact designs, materials, and terminals, suitable for control switches, instrumentation switches, motor control switches, and electronic circuitry.

List Of Small Cap Electrical Equipment Stocks – PE Ratio

Bhagyanagar India Ltd

The Market Cap of Bhagyanagar India Ltd is Rs. 359.14 crore. The stock’s monthly return is -7.28%. Its one-year return is 131.20%. The stock is 12.20% away from its 52-week high.

Bhagyanagar India Limited (BIL) is an Indian company that produces various copper products. These include copper bus bars, wires, rods, foils, sheets, paper-insulated copper conductors, nuggets, tubes, and pipes, as well as yoke assemblies and solenoid switches. The company also offers additional products such as solar collectors, commutators, fins, coils, armature pins, submersible wires, and heating elements. 

BIL’s paper-insulated copper strips and wires are specifically designed for use in transformers and electrical equipment. The company also operates a nine-megawatt wind power project in Kapatigudda, Karnataka, and its manufacturing facility is located in Hyderabad.

VETO Switch Gears And Cables Ltd

The Market Cap of VETO Switch Gears And Cables Ltd is Rs. 241.71 crore. The stock’s monthly return is 1.81%. Its one-year return is 19.45%. The stock is 23.69% away from its 52-week high.

Veto Switchgears and Cables Limited is an Indian company that specializes in the production of wires, cables, electrical accessories, and also offers a range of LED lighting, CFLs, and fans. The company operates in three main segments: Wire and Cables, Lighting & Fittings, and Accessories & Others. Their diverse product lineup includes industrial cables, telephone wires, switches, fans, CFLs, LED bulbs, and various electrical accessories for household and industrial use. 

Veto Switchgears and Cables Limited also manufacture LED panel lights, flood lights, slim panel lights, and strip lights, which have been well-received in the market. Their manufacturing facility is located in Haridwar.

Modern Insulators Ltd

The Market Cap of Modern Insulators Ltd is Rs. 559.13 crores. The stock’s monthly return is 18.32%. Its one-year return is 157.43%. The stock is 17.20% away from its 52-week high.

Modern Insulators Limited is a manufacturer of porcelain insulators based in India. The company focuses on producing insulators and terry towels and serves national and regional utilities, Indian railways, original equipment manufacturers, etc.

Top Small Cap Electrical Equipment Stocks In India – 6 Month Return

Salzer Electronics Ltd

The Market Cap of Salzer Electronics Ltd is Rs. 1348.03 crores. The stock’s monthly return is -6.46%. Its one-year return is 136.18%. The stock is 14.76% away from its 52-week high.

Salzer Electronics Limited manufactures a range of electrical products and components, including computer-aided design (CAD) rotary switches, selector switches, wiring ducts, voltmeter switches, copper wires, and cables. The company serves customers in various industries such as electrical equipment, power, medical equipment, automotive, renewable energy, and uninterrupted power systems. 

Salzer Electronics’ product range includes industrial components, motor control products, and transformers. Industrial components encompass cable ducts, sensors, changeover switches, solar isolators, general-purpose relays, and terminal connectors. Motor control products consist of contactors, overload relays, and motor protection circuit breakers (MPCB). The company’s transformer products include three-phase lamination transformers, inductors, and chokes.  

Amba Enterprises Ltd

The Market Cap of Amba Enterprises Ltd is Rs. 185.41 crore. The stock’s monthly return is 1.08%. Its one-year return is 108.59%. The stock is 15.94% away from its 52-week high.

Amba Enterprises Limited is a company specializing in power engineering solutions. The company manufactures and sells coil, transformer lamination sheets, and other products. They offer a variety of products, including silicon steel slit coils and cut-to-size transformer laminations.

Kundan Edifice Ltd

The Market Cap of Kundan Edifice Ltd is Rs. 190.29 crore. The stock’s monthly return is 24.59%. Its one-year return is 135.24%. The stock is 50.26% away from its 52-week high.

Kundan Edifice Limited, headquartered in India, specializes in producing and supplying a diverse range of flexible LED strip lights. The company offers various products such as LED Type 2835, LED Type 3014, LED Type 5050, and a premium product line.

Small Cap Electrical Equipment Stocks – FAQs

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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.