Synopsis:
As India and the world expand their nuclear energy programs, certain companies in the nuclear equipment sector are gaining attention for 2026. In India, key players are supplying critical components and technology for nuclear reactors.
Nuclear energy is becoming an important part of the global requirement for clean and reliable power. With rising energy demands and a focus on reducing carbon emissions, companies that supply equipment and technology for nuclear plants are gaining attention.
Here are some nuclear energy equipment stocks to watch closely:
Bharat Heavy Electricals Limited
Bharat Heavy Electricals Limited plays a key role in India’s nuclear power sector by designing, manufacturing, and supplying critical equipment for nuclear reactors. This includes items like steam generators, reactor headers, turbines, and other essential components. It provides services to various sectors, including power generation, electricity transmission, industrial manufacturing, transportation, renewable energy, oil and gas, and defense. The company has a market capitalization of Rs.85,101.63 crore, and its stock closed at Rs.244.40, up by 1.77 percent from the previous close of Rs.240.15.
In Q1FY26, revenue slightly increased to Rs.5,487 crore from Rs.5,485 crore in Q1FY25, while net loss grew to Rs.456 crore from Rs.211 crore in the same period last year. The company has a return on equity of 2.12 percent and a return on capital employed of 4.87 percent.
MTAR Technologies Limited
MTAR provides complete solutions for complex manufacturing projects. It manufactures critical parts for nuclear reactors, including fuel machining heads, drive mechanisms, and coolant channel assemblies, supporting both new PHWR constructions and the upgrade of existing reactors. The company has a market capitalization of Rs.5,962.44 crore, and its stock closed at Rs.1,938.40, up by 2.09 percent from the previous close of Rs.1,898.80.
In Q1FY26, revenue increased to Rs.157 crore from Rs.128 crore in Q1FY25, while net profit grew to Rs.11 crore from Rs.5 crore in the same period last year. The company has a return on equity of 7.51 percent and a return on capital employed of 10.5 percent.
Walchandnagar Industries Limited
Walchandnagar Industries Limited provides essential equipment for nuclear reactors, such as calandrias, heat exchangers, end shields, and dump tanks, used in PHWRs and PFBRs. The company is pre-qualified by NPCIL, BARC, and BHAVINI to supply top-quality nuclear components. The company has a market capitalization of Rs.1,315.83 crore, and its stock closed at Rs.194, down by 0.15 percent from the previous close of Rs.194.30.
In Q1FY26, revenue slipped to Rs.49 crore from Rs.79 crore in Q1FY25, while net loss grew to Rs.10 crore from Rs.2 crore in the same period last year. The company has a negative return on equity of 25.3 percent and a negative return on capital employed of 8.33 percent.
Larsen & Toubro Limited
Larsen & Toubro Limited’s heavy engineering division makes key components for nuclear and research reactors, including steam generators, reactor vessels, end shields, calandrias, and control rod drive mechanisms. The company also handles civil and mechanical construction work for nuclear power plants, such as the Kudankulam units 5 and 6. The company has a market capitalization of Rs.5,13,405.64 crore, and its stock closed at Rs.3,732.35, up by 1.69 percent from the previous close of Rs.3,670.15.
In Q1FY26, revenue slipped to Rs.63,679 crore from Rs.55,120 crore in Q1FY25, while net profit grew to Rs.4,318 crore from Rs.3,445 crore in the same period last year. The company has a return on equity of 16.6 percent and a return on capital employed of 14.5 percent.
Sealmatic India Limited
Sealmatic India Limited is the only mechanical seal manufacturer in India certified with ISO 19443 for nuclear applications, highlighting its adherence to the highest safety and quality standards in the nuclear sector. The company has a market capitalization of Rs.424.76 crore, and its stock closed at Rs.469.35, up by 0.58 from the previous close of Rs.466.65.
In H2FY26, revenue climbed to Rs.57 crore from Rs.34 crore in H2FY25, while net profit grew to Rs.9 crore from Rs.3 crore in the same period last year. The company has a return on equity of 16.7 percent and a return on capital employed of 22 percent.
Written By: Jhanavi Sivakumar
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