About Iron & Steel Products
29 Jul 2026Iron & Steel Products is one of 22 industries in the Capital Goods sector. Solomo tracks 129 listed companies classified as Iron & Steel Products on India's NSE and BSE, out of 914 in the Capital Goods sector. Their combined market capitalisation was ₹3,42,067 crore (₹3.42 lakh crore) on 29 Jul 2026, 7.1% of the Capital Goodssector's total and the 5th largest of its 22 industries by market value. All 129 carry both an NSE symbol and a BSE scrip code.
The 3 largest by market capitalisation are APL Apollo Tubes Ltd (₹50,954 crore), Shyam Metalics & Energy Ltd (₹42,387 crore) and Welspun Corp Ltd (₹42,387 crore).
Median trailing P/E across the 122 companies with a reported ratio is 20.6, and median return on capital employed (ROCE) across 129 companies is 9.8%.
| Company | Market cap | P/E | ROCE |
|---|---|---|---|
| APL Apollo Tubes Ltd | ₹50,954 Cr | 42.4 | 28.3% |
| Shyam Metalics & Energy Ltd | ₹42,387 Cr | 26.3 | 20.0% |
| Welspun Corp Ltd | ₹42,387 Cr | 26.3 | 20.0% |
| Ratnamani Metals & Tubes Ltd | ₹18,895 Cr | 39.2 | 16.5% |
| Jindal Saw Ltd | ₹17,644 Cr | 17.9 | 9.8% |
| Godawari Power & Ispat Ltd | ₹17,127 Cr | 21.4 | 18.5% |
| Gallantt Ispat Ltd. | ₹16,121 Cr | 33.3 | 16.7% |
| Usha Martin Ltd | ₹15,536 Cr | 33.3 | 18.0% |
| Jayaswal Neco Industries Ltd | ₹8,892 Cr | 18.9 | 20.7% |
| Maharashtra Seamless Ltd | ₹7,996 Cr | 11.4 | 13.6% |
| Sunflag Iron & Steel Company Ltd | ₹6,175 Cr | 30.5 | 4.0% |
| Technocraft Industries (India) Ltd | ₹5,618 Cr | 19.7 | 15.5% |
| Surya Roshni Ltd | ₹5,605 Cr | 19.6 | 15.0% |
| Aeroflex Industries Ltd | ₹5,471 Cr | 98.4 | 16.4% |
| Goodluck India Ltd | ₹5,187 Cr | 28.7 | 13.5% |
| Bansal Wire Industries Ltd | ₹5,184 Cr | 31.7 | 13.0% |
| Electrosteel Castings Ltd | ₹4,784 Cr | 25.2 | 5.0% |
| Shivalik Bimetal Controls Ltd | ₹4,300 Cr | 44.9 | 23.8% |
| Man Industries (India) Ltd | ₹4,256 Cr | 25.0 | 14.3% |
| Kalyani Steels Ltd | ₹4,179 Cr | 15.8 | 13.5% |
Other industries in Capital Goods: Heavy Electrical Equipment (53), Aerospace & Defense (30), Industrial Products (234), Other Electrical Equipment (91), 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.