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IndiaPulse
Themes / Infrastructure

Infrastructure

Roads, ports, airports, urban infra, and EPC beneficiaries.

InfrastructureAuto-built

Theme scorecard

Measures whether this idea is investable today by blending cohort quality, valuation cushion, and price momentum. It is a research filter, not advice.

Build portfolio from this theme
Theme
39
Stretched
Quality
25
Valuation
49
Momentum
50
Positive MoS
54%
P/E 49.5 · ROCE 11%
Curated research view

Infrastructure

A focused investor view: high-conviction names first, then small/micro exposure only as controlled satellite risk. Live U-Score and MoS still come from the current database.

74/100
Theme score
High Conviction
Investability
42.9
Live avg U
-865.4%
Live avg MoS

Curated company map

Names from the curated theme note. Solid chips are present in the live tagged cohort; dashed chips need tag review, ticker verification, or may be indirect/unlisted exposure.

10/12 live tagged

Investment thesis

Infrastructure remains a durable India growth engine across roads, airports, ports, rail, urban infra, logistics, and power projects. The best companies combine order visibility with disciplined working capital.

1-2 year outlook: Strong. Large EPC leaders provide stability; specialist contractors can outperform if execution and cash conversion stay healthy.
Recommended allocation: 8-12%, with small-cap exposure only in profitable, liquid names.

Key triggers

  • High public capex
  • Road and airport project awards
  • Gati Shakti and logistics upgrades
  • State-level infra acceleration

Major risks

  • Land acquisition and approval delays
  • Receivable stress
  • Debt-heavy balance sheets
  • Steel and cement cost swings
Small, micro, and SME names should be opt-in exposure. Suggested filters: U-Score above 65, positive MoS, Piotroski 7+, debt/equity below 0.8, promoter pledge below 10%, and enough traded value to exit without slippage.

Thesis

A data-generated Infrastructure basket from tagged stocks. It focuses on order visibility, balance-sheet risk, and cash conversion across infra names.

  • Government capex
  • Asset monetisation
  • Working-capital discipline

Top picks · ranked by U-Score within this cohort

Full cohort

ORIENTCEMMicro
Orient Cement Limited
Infra
DEEP VALUE

Auto-included from the Infrastructure tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +81.1%Piotroski: 6/9ROCE: 17%P/E: 8.0D/E: 0.03
80
U-Score
133.44
Open →
GARUDASmall
Garuda Construction and Engineering Limited
Infra
DEEP VALUE

Auto-included from the Infrastructure tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +68.3%Piotroski: 8/9ROCE: 42%P/E: 12.4D/E: 0.03
79
U-Score
166.00
Open →
MAFATINDSmall
Mafatlal Industries Limited
Consumer
DEEP VALUE

Auto-included from the Infrastructure tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +87.1%Piotroski: 7/9ROCE: 13%P/E: 9.7D/E: 0.08
78
U-Score
127.86
Open →
PDMJEPAPERSmall
Pudumjee Paper Products Limited
Industrials
DEEP VALUE

Auto-included from the Infrastructure tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +81.7%Piotroski: 8/9ROCE: 20%P/E: 8.4D/E: 0.06
78
U-Score
82.51
Open →
SCILarge
Shipping Corporation Of India Limited
Services
DEEP VALUE

Auto-included from the Infrastructure tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +71.9%Piotroski: 8/9ROCE: 14%P/E: 10.1D/E: 0.29
78
U-Score
297.15
Open →
MANYAVARMicro
Vedant Fashions Limited
Consumer
DEEP VALUE

Auto-included from the Infrastructure tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +69.2%Piotroski: 8/9ROCE: 31%P/E: 24.0D/E: 0.30
78
U-Score
404.00
Open →
VRLLOGSmall
VRL Logistics Limited
Services
DEEP VALUE

Auto-included from the Infrastructure tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +52.3%Piotroski: 7/9ROCE: 18%P/E: 17.3D/E: 1.01
78
U-Score
241.22
Open →
KMSUGARSmall
K.M.Sugar Mills Limited
Consumer
DEEP VALUE

Auto-included from the Infrastructure tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +94.0%Piotroski: 8/9ROCE: 13%P/E: 4.7D/E: 0.64
77
U-Score
27.20
Open →
JKILSmall
J.Kumar Infraprojects Limited
Infra
DEEP VALUE

Auto-included from the Infrastructure tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +76.5%Piotroski: 8/9ROCE: 18%P/E: 9.0D/E: 0.18
77
U-Score
475.45
Open →
OMPOWERSmall
Om Power Transmission Limited
Power
DEEP VALUE

Auto-included from the Infrastructure tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +63.7%Piotroski: 6/9ROCE: 43%P/E: 15.7D/E: 0.35
77
U-Score
181.08
Open →
DENTASmall
Denta Water and Infra Solutions Limited
Industrials
UNDERVALUED

Auto-included from the Infrastructure tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +76.2%Piotroski: 6/9ROCE: 19%P/E: 10.7D/E: 0.03
72
U-Score
246.60
Open →
JUBLCPLSmall
Jubilant Agri and Consumer Products Limited
Consumer
UNDERVALUED

Auto-included from the Infrastructure tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +72.5%Piotroski: 8/9ROCE: 40%P/E: 21.0D/E: 0.11
72
U-Score
1801.00
Open →
MBELSmall
M & B Engineering Limited
Industrials
UNDERVALUED

Auto-included from the Infrastructure tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +63.0%Piotroski: 6/9ROCE: 23%P/E: 16.5D/E: 0.13
72
U-Score
275.80
Open →
HBLENGINESmall
HBL Engineering Limited
Industrials
UNDERVALUED

Auto-included from the Infrastructure tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +42.3%Piotroski: 8/9ROCE: 58%P/E: 25.4D/E: 0.03
72
U-Score
781.40
Open →
PRAKASHSmall
Prakash Industries Limited
Consumer
UNDERVALUED

Auto-included from the Infrastructure tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +92.8%Piotroski: 8/9P/E: 6.5D/E: 0.30
71
U-Score
142.03
Open →
RAYMONDRELSmall
Raymond Realty Limited
Consumer
UNDERVALUED

Auto-included from the Infrastructure tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +84.0%Piotroski: 6/9ROCE: 31%P/E: 12.5D/E: 0.65
71
U-Score
589.50
Open →
HECPROJECTSmall
HEC Infra Projects Limited
Infra
UNDERVALUED

Auto-included from the Infrastructure tag. Use the scorecard and metrics to decide whether it fits your thesis.

MoS: +73.3%Piotroski: 8/9ROCE: 21%P/E: 10.5D/E: 0.67
71
U-Score
121.83
Open →
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The rationale above is editorial — the ranking uses our U-Score engine so the names you see first are the strongest fundamentals fit, not the most popular or most-mentioned. Re-rank yourself if you weigh valuation or quality differently. All information is for study purposes only — consult your financial advisor before investing.