Investors seeking robust opportunities in the manufacturing sector should zero in on original equipment manufacturers (OEMs) demonstrating exceptional performance. Companies with consistent net profit and sales growth above 20% CAGR represent resilient investments, signalling technological innovation, market adaptability, and potential for long-term value creation.

Following is a list of OEMs with a CAGR of more than 20% : 

1. Dixon Technologies (India) Ltd  

Dixon Technologies, established in 1993 and headquartered in Noida, is a leading player in the Indian electronic manufacturing services (EMS) sector. It specialises in producing consumer electronics, home appliances, lighting products, mobile devices, and security systems. As one of India’s largest original design manufacturers (ODMs).

The company offers LED TVs, air conditioners, LED bulbs, smartphones, CCTV cameras, and reverse logistics services. Dixon serves a prestigious clientele, including Xiaomi, Samsung, Panasonic, and Motorola. With visionary leadership from Executive Chairman Sunil Vachani and Managing Director Atul B Lall, Dixon continues to innovate and expand. Its commitment to quality and scale has made it a cornerstone of India’s electronics manufacturing industry.

Dixon Technologies Limited’s revenue from operations has increased by 45.1 percent from Rs. 12,192 crore in FY23 to Rs. 17,691 crore in FY24. The company’s net profit has increased from Rs. 345 crore in FY23 to Rs. 494 crore in FY24, which has grown by 47.05 percent. 

With a market capitalisation of Rs. 94,984 crores, Dixon Technologies Limited’s share price closed at Rs. 15,813 per equity share.

2. PG Electroplast Ltd  

Founded in 1994, PG Electroplast Ltd has cemented its reputation as a prominent EMS provider in India. The company specialises in manufacturing consumer electronics like televisions and audio systems, along with home appliances such as refrigerators and washing machines. Additionally, it produces high-quality plastic components for various industries. PG Electroplast collaborates with renowned brands, manufacturing products under their labels.

The company’s management team, composed of industry veterans, emphasises innovation and quality. With its focus on comprehensive solutions, PG Electroplast continues to strengthen its presence in India’s electronics manufacturing sector, contributing significantly to the industry’s growth.

PG Electroplast Limited’s revenue from operations has increased by 27.12 percent from Rs. 2,160 crore in FY23 to Rs. 2,746 crore in FY24. The company’s net profit has increased from Rs. 77 crore in FY23 to Rs. 135 crore in FY24, which has grown by 75.32 percent. 

With a market capitalisation of Rs. 18,986 crores, PG Electroplast Limited’s share price closed at Rs. 725.7 per equity share.

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3. Kilburn Engineering Ltd  

Kilburn Engineering Ltd, established in 1961, is an Indian engineering firm offering specialised manufacturing solutions for diverse industries. It designs and produces custom machinery for sectors such as power generation, oil and gas, and manufacturing. Known for its expertise in industrial equipment and engineering services, the company tailors its offerings to meet unique client needs.

Kilburn’s leadership comprises experienced engineers and managers, driving innovation and excellence in industrial solutions. Over the decades, Kilburn has emerged as a reliable partner for clients across multiple industries, showcasing a strong commitment to engineering excellence and customer satisfaction.

Kilburn Engineering Limited’s revenue from operations has increased by 31.9 percent from Rs. 222 crore in FY23 to Rs. 293 crore in FY24. The company’s net profit has increased from Rs. 39 crore in FY23 to Rs. 55 crore in FY24, which has grown by 33.34 percent. 

With a market capitalisation of Rs. 2,161.02 crores, Kilburn Engineering Limited’s share price closed at Rs. 500 per equity share.

Written By Fazal Ul Vahab C H

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