Following is the list of Top Defence companies in India in 2026 sorted by market cap. There are a total of 23 number of listed companies with a total of market capitalization of 779553 crores. The market capitalization data is updated as on 13 May 2026
| # | Company | CMP | M Cap | 52W High | 52W Low | PE | PB | ROCE Last Yr | ROE Last Yr | PAT TTM | Div Yield |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Bharat Electronics Ltd. | 428.2 | 313041 | 473.2 | 334.4 | 59.2 | 15.7 | 39.2 | 29.1 | 5930 | 0.8 |
| 2 | Hindustan Aeronautics Ltd. | 4618.5 | 308874 | 5166 | 3479.2 | 36.9 | 8.8 | 33.9 | 26.1 | 8849 | 1 |
| 3 | Bharat Dynamics Ltd. | 1360.3 | 49863 | 2096 | 1090 | 90.7 | 12.5 | 19.8 | 14.4 | 580 | 0.4 |
| 4 | Data Patterns (India) Ltd. | 4196.2 | 23492 | 4300 | 2131 | 105.9 | 15.6 | 21.7 | 15.7 | 247 | 0.5 |
| 5 | Zen Technologies Ltd. | 1584.2 | 14304 | 2268.2 | 1224 | 47.8 | 8.4 | 38.6 | 27.9 | 220 | 0.1 |
| 6 | Apollo Micro Systems Ltd. | 304.4 | 10875 | 354.6 | 129.3 | 193 | 15.4 | 14 | 10.1 | 85 | 0.2 |
| 7 | Astra Microwave Products Ltd. | 1111.2 | 10550 | 1195.6 | 835.9 | 68.7 | 9.6 | 19.2 | 14.9 | 153 | 0.3 |
| 8 | Axiscades Technologies Ltd. | 2042.7 | 8688 | 2210 | 856 | 115.4 | 13.4 | 14.6 | 12.4 | 103 | 0 |
| 9 | Paras Defence And Space Technologies Ltd. | 794 | 6399 | 971.8 | 580 | 104.1 | 10.7 | 17 | 12.3 | 71 | 0.1 |
| 10 | Sigma Advanced Systems Ltd. | 319.6 | 5634 | 355.2 | 66.3 | 666.9 | 20.3 | 9.7 | 6.3 | 140 | 0 |
| 11 | Unimech Aerospace and Manufacturing Ltd. | 968 | 4923 | 1397 | 695 | 58.9 | 7.4 | 24.2 | 21.5 | 67 | 0 |
| 12 | Avantel Ltd. | 156 | 4146 | 215 | 113 | 73.5 | 17.9 | 38 | 29.6 | 15 | 0.2 |
| 13 | Ideaforge Technology Ltd. | 771.1 | 3346 | 849 | 368 | -53.7 | 5.6 | -9.5 | -10 | -17 | 0 |
| 14 | Rossell Techsys Ltd. | 875.8 | 3301 | 1062 | 328 | 417.6 | 24.7 | 7.3 | 5.9 | 22 | 0.1 |
| 15 | DCX Systems Ltd. | 204 | 2273 | 363.8 | 153.4 | 58.5 | 1.7 | 5.1 | 3.1 | 13 | 0 |
| 16 | Jaykay Enterprises Ltd. | 160.7 | 2094 | 244 | 116 | 291.9 | 4.4 | 3.6 | 2.3 | 31 | 0 |
| 17 | Sika Interplant Systems Ltd. | 956.2 | 2027 | 1625 | 730.8 | 80 | 16.4 | 29.8 | 22.3 | 37 | 0.4 |
| 18 | Krishna Defence and Allied Industries Ltd. | 1158.1 | 1729 | 1313 | 665 | 78.9 | 13.1 | 24.3 | 19.7 | 14 | 0.1 |
| 19 | NIBE Ltd. | 1011.1 | 1511 | 2000.6 | 810 | 55.1 | 6.3 | 18 | 14.6 | -19 | 0.1 |
| 20 | CFF Fluid Control Ltd. | 738 | 1437 | 860 | 445 | 60.3 | 9.7 | 22.1 | 17.4 | 0 | 0.1 |
| 21 | C2C Advanced Systems Ltd. | 449.8 | 749 | 888 | 310 | 26 | 3.8 | 27 | 21 | 0 | 0 |
| 22 | Digilogic Systems Ltd. | 102 | 295 | 107 | 73 | 38 | 6.8 | 35 | 33.2 | 0 | 0 |
| 23 | Global Defence Industries Ltd. | 12.2 | 2 | 12.2 | 0 | 1.6 | 0 | 1.6 | 1 | -1 | 0 |
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