About Aerospace & Defense
29 Jul 2026Aerospace & Defense is one of 22 industries in the Capital Goods sector. Solomo tracks 30 listed companies classified as Aerospace & Defense on India's NSE and BSE, out of 914 in the Capital Goods sector. Their combined market capitalisation was ₹8,57,685 crore (₹8.58 lakh crore) on 29 Jul 2026, 17.9% of the Capital Goodssector's total and the 2nd largest of its 22 industries by market value. All 30 carry both an NSE symbol and a BSE scrip code.
The 3 largest by market capitalisation are Bharat Electronics Ltd (₹3,03,283 crore), Hindustan Aeronautics Ltd (₹3,01,387 crore) and Bharat Dynamics Ltd (₹49,297 crore).
Median trailing P/E across the 30 companies with a reported ratio is 59.4, and median return on capital employed (ROCE) across 30 companies is 13.2%.
2 of them rank among the 100 largest listed companies in India by market capitalisation on 29 Jul 2026: Bharat Electronics Ltd (#28) and Hindustan Aeronautics Ltd (#29).
| Company | Market cap | P/E | ROCE |
|---|---|---|---|
| Bharat Electronics Ltd | ₹3,03,283 Cr | 50.0 | 33.4% |
| Hindustan Aeronautics Ltd | ₹3,01,387 Cr | 33.1 | 14.1% |
| Bharat Dynamics Ltd | ₹49,297 Cr | 117.3 | 7.2% |
| Garden Reach Shipbuilders & Engineers Ltd | ₹30,493 Cr | 40.8 | 38.2% |
| Data Patterns (India) Ltd | ₹24,307 Cr | 88.8 | 21.4% |
| MTAR Technologies Ltd | ₹21,852 Cr | 232.4 | 12.9% |
| Astra Microwave Products Ltd | ₹17,126 Cr | 88.8 | 18.9% |
| Zen Technologies Ltd | ₹16,975 Cr | 87.8 | 16.0% |
| Aequs Ltd | ₹16,693 Cr | — | 1.3% |
| Apollo Micro Systems Ltd | ₹15,193 Cr | 134.5 | 10.9% |
| Paras Defence and Space Technologies Ltd | ₹10,092 Cr | 114.5 | 16.3% |
| Mishra Dhatu Nigam Ltd | ₹7,794 Cr | 59.3 | 8.0% |
| AXISCADES Technologies Ltd | ₹6,809 Cr | 94.7 | 13.0% |
| Unimech Aerospace and Manufacturing Ltd | ₹6,040 Cr | 95.5 | 11.1% |
| Avantel Ltd | ₹4,788 Cr | 316.1 | 8.1% |
| Ideaforge Technology Ltd | ₹3,883 Cr | — | -2.3% |
| Rossell Techsys Ltd | ₹3,809 Cr | 173.9 | 9.4% |
| Sika Interplant Systems Ltd | ₹2,554 Cr | 69.8 | 31.6% |
| NIBE Ltd | ₹2,458 Cr | 436.6 | 4.1% |
| Jaykay Enterprises Ltd | ₹2,408 Cr | 36.0 | 6.8% |
Other industries in Capital Goods: Heavy Electrical Equipment (53), Industrial Products (234), Other Electrical Equipment (91), Iron & Steel Products (129), Compressors, Pumps & Diesel Engines (14), Commercial Vehicles (16), Cables - Electricals (15), Plastic Products - Industrial (71), Ship Building & Allied Services (5), Other Industrial Products (68), Abrasives & Bearings (8), Castings & Forgings (22), Electrodes & Refractories (15), Packaging (87), Tractors (5), Construction Vehicles (7), Aluminium, Copper & Zinc Products (21), Railway Wagons (3), Rubber (14), Glass - Industrial (4) and Dealers-Commercial Vehicles, Tractors, Construction Vehicles (2).
Market capitalisation, P/E and ROCE are from Solomo's fundamentals snapshot dated 29 Jul 2026; the interactive table above re-prices market cap and P/E against live quotes during market hours, so intraday figures there will differ. Sector and industry labels follow the NSE and BSE classification, and any market-cap rank quoted above is taken across Solomo's full NSE and BSE universe. Reference data, not investment advice.