New Delhi, Feb. 28 -- In a market where visibility on earnings has become increasingly valuable, a company's order book can often speak louder than short-term price movements.

It represents confirmed projects, assured revenue pipelines, and management's ability to win and execute large contracts. When this order book outweighs the company's own market capitalization, it signals a rare combination of strong demand and underappreciated scale.

In this article, we spotlight the top four companies whose order books are larger than their market capitalization.

The criteria: Return on equity (RoE) and return on capital employed (RoCE) above 12%, along with a debt-to-equity ratio below 1x.

NBCC (India) Ltd is a Navratna Central Public Sector ...