Following is the list of Top Electric Equipment companies in India in 2026 sorted by market cap. There are a total of 99 number of listed companies with a total of market capitalization of 901829 crores. The market capitalization data is updated as on 23 Jan 2026
| # | Company | CMP | M Cap | 52W High | 52W Low | PE | PB | ROCE Last Yr | ROE Last Yr | PAT TTM | Div Yield |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Siemens Ltd. | 2900.4 | 103289 | 6174.8 | 2490 | 38 | 6.7 | 26.3 | 19.1 | 1689 | 0.2 |
| 2 | ABB India Ltd. | 4694.5 | 99480 | 6424.4 | 4590 | 53.1 | 14.1 | 38.9 | 28.8 | 1767 | 0.6 |
| 3 | CG Power and Industrial Solutions Ltd. | 549.1 | 86477 | 797.8 | 518.4 | 88.9 | 22 | 39.9 | 28.6 | 1063 | 0.2 |
| 4 | Havells India Ltd. | 1287 | 80728 | 1713 | 1280.8 | 54.9 | 9.7 | 26.2 | 18.7 | 1467 | 0.7 |
| 5 | Siemens Energy India Ltd. | 2125.4 | 75690 | 3624 | 2105.2 | 68.8 | 17.3 | 40.2 | 29.2 | 1142 | 0.1 |
| 6 | Waaree Energies Ltd. | 2599.3 | 74767 | 3864.4 | 1808.6 | 38.8 | 7.9 | 36.7 | 28.7 | 3402 | 0 |
| 7 | Hitachi Energy India Ltd. | 16501 | 73549 | 22837.4 | 8738 | 191.5 | 17.5 | 19.9 | 13.8 | 717 | 0 |
| 8 | GE Vernova T&D India Ltd. | 2712.7 | 69458 | 3323.7 | 1252.8 | 114.2 | 39.2 | 56.1 | 40.3 | 920 | 0.3 |
| 9 | Suzlon Energy Ltd. | 45.7 | 62668 | 74.3 | 45.4 | 30.3 | 10.4 | 32.7 | 42 | 3172 | 0 |
| 10 | Apar Industries Ltd. | 7033 | 28250 | 9900 | 4270 | 34.4 | 6.3 | 33.5 | 19.6 | 940 | 0.9 |
| 11 | Inox Wind Ltd. | 103.6 | 17898 | 198.1 | 103.2 | 41.1 | 3.5 | 12.3 | 13.2 | 521 | 0 |
| 12 | Schneider Electric Infrastructure Ltd. | 606.7 | 14506 | 1055 | 516.7 | 54.2 | 26.4 | 47 | 64.5 | 259 | 0 |
| 13 | V-Guard Industries Ltd. | 311 | 13570 | 412.8 | 297.5 | 43.3 | 6.6 | 20.8 | 16.4 | 290 | 0.4 |
| 14 | TD Power Systems Ltd. | 624.3 | 9752 | 850 | 292.8 | 55.9 | 11.3 | 30.3 | 22.3 | 208 | 0.3 |
| 15 | Genus Power Infrastructures Ltd. | 256.7 | 7809 | 430 | 237.3 | 26.5 | 3.8 | 19.2 | 17.2 | 434 | 0.9 |
| 16 | Transformers & Rectifiers (India) Ltd. | 232.5 | 6979 | 594.8 | 230 | 32.2 | 5.6 | 28.6 | 24 | 275 | 0 |
| 17 | Voltamp Transformers Ltd. | 6826 | 6906 | 10078.8 | 5900 | 21.2 | 4.3 | 29.8 | 22.1 | 329 | 1.4 |
| 18 | Transrail Lighting Ltd. | 459.4 | 6167 | 855.4 | 375 | 18.9 | 3.3 | 35.6 | 21.7 | 412 | 0.2 |
| 19 | Atlanta Electricals Ltd. | 728.3 | 5600 | 1093.5 | 716 | 47.2 | 14.9 | 50.4 | 41 | 122 | 0 |
| 20 | Quality Power Electrical Equipments Ltd. | 598 | 4632 | 1081.4 | 270.6 | 46.2 | 10.9 | 36.7 | 34.7 | 122 | 0.3 |
| 21 | Shilchar Technologies Ltd. | 2958.2 | 3384 | 6125 | 2804 | 23 | 9.8 | 71.1 | 52.8 | 178 | 0.2 |
| 22 | Bharat Bijlee Ltd. | 2445 | 2764 | 3700 | 2372.6 | 20.7 | 1.4 | 9.7 | 7 | 147 | 1.2 |
| 23 | Ram Ratna Wires Ltd. | 290.8 | 2714 | 393.4 | 228.4 | 38.7 | 5.3 | 21.2 | 15.5 | 77 | 0.5 |
| 24 | Marsons Ltd. | 144.2 | 2481 | 231.5 | 115 | 88.5 | 20.3 | 38 | 41 | 33 | 0 |
| 25 | KSH International Ltd. | 348.9 | 2364 | 402.3 | 330.2 | 34.8 | 6.6 | 21.7 | 25.7 | 43 | 0 |
| 26 | Marine Electricals (India) Ltd. | 170.5 | 2358 | 258 | 138.9 | 61.9 | 6 | 16.6 | 11.8 | 47 | 0.2 |
| 27 | Hind Rectifiers Ltd. | 1207.7 | 2075 | 2101 | 801.2 | 55.9 | 13 | 22.3 | 26.2 | 47 | 0.2 |
| 28 | Honda India Power Products Ltd. | 2028.8 | 2058 | 3251 | 1827.2 | 25.7 | 2.4 | 12.9 | 9.5 | 76 | 1.6 |
| 29 | HPL Electric & Power Ltd. | 316.9 | 2038 | 639.5 | 314.1 | 21.7 | 2.2 | 14.5 | 10.8 | 96 | 0.2 |
| 30 | Alpex Solar Ltd. | 777.4 | 1986 | 1449.7 | 495 | 23.8 | 8.8 | 52.3 | 47.8 | 153 | 0 |
| 31 | Spectrum Electrical Industries Ltd. | 1184.3 | 1861 | 2379 | 1006.1 | 73.2 | 9.9 | 16 | 14.5 | 37 | 0 |
| 32 | Ujaas Energy Ltd. | 119 | 1587 | 182.6 | 86.7 | 179.3 | 14.8 | 10.5 | 10.1 | 3 | 0 |
| 33 | Exicom Tele-Systems Ltd. | 100.1 | 1392 | 244.4 | 99.4 | -12.7 | 2.1 | -6.8 | -16.5 | -263 | 0 |
| 34 | Servotech Renewable Power System Ltd. | 59.5 | 1344 | 168.5 | 59.2 | 41.2 | 6.7 | 20.2 | 21.5 | 21 | 0 |
| 35 | Indo Tech Transformers Ltd. | 1229.5 | 1306 | 2979.9 | 1226.8 | 20.4 | 4.7 | 37.8 | 25.7 | 84 | 0 |
| 36 | Rishabh Instruments Ltd. | 333.7 | 1284 | 489 | 200.6 | 60.5 | 2.2 | 5.5 | 3.9 | 56 | 0 |
| 37 | Danish Power Ltd. | 621.4 | 1224 | 1189 | 600 | 21.2 | 3.8 | 40.1 | 28.6 | 0 | 0.2 |
| 38 | Igarashi Motors India Ltd. | 369.9 | 1164 | 705 | 355 | 48.2 | 2.5 | 8.1 | 5.3 | 15 | 0.5 |
| 39 | Yash Highvoltage Ltd. | 403.2 | 1151 | 617 | 145 | 53.8 | 7.8 | 28.6 | 22.6 | 0 | 0.6 |
| 40 | Virtuoso Optoelectronics Ltd. | 365 | 1130 | 622.6 | 357.4 | 80.2 | 3.8 | 12.7 | 6 | 3 | 0 |
| 41 | Solex Energy Ltd. | 1025.7 | 1108 | 1985 | 630.9 | 25.9 | 6.9 | 30 | 41.4 | 15 | 0.1 |
| 42 | Salzer Electronics Ltd. | 544.6 | 963 | 1452 | 540.6 | 18.3 | 1.8 | 13.3 | 10.3 | 57 | 0.2 |
| 43 | Vidya Wires Ltd. | 45.1 | 960 | 58.5 | 44.4 | 23.5 | 4.3 | 24.3 | 28 | 19 | 0 |
| 44 | Prostarm Info Systems Ltd. | 148 | 871 | 253 | 107.1 | 30.2 | 6.1 | 29.9 | 30.8 | 31 | 0 |
| 45 | Vilas Transcore Ltd. | 344.8 | 844 | 673.7 | 291 | 24.7 | 3.1 | 23.7 | 16.4 | 0 | 0 |
| 46 | MIC Electronics Ltd. | 34 | 820 | 84 | 33.8 | 83.4 | 5 | 8.9 | 8.6 | 10 | 0 |
| 47 | Mangal Electrical Industries Ltd. | 295 | 815 | 574 | 294.5 | 17.2 | 3.7 | 30.4 | 34.9 | 37 | 0 |
| 48 | Permanent Magnets Ltd. | 834 | 717 | 1229.9 | 600 | 45.5 | 5 | 15.8 | 11.5 | 12 | 0.3 |
| 49 | Ganesh Green Bharat Ltd. | 254.2 | 631 | 555 | 238 | 20.7 | 3.1 | 25.5 | 23.2 | 0 | 0 |
| 50 | Artemis Electricals And Projects Ltd. | 20.8 | 522 | 28 | 16.5 | 69.1 | 6.1 | 11.6 | 9.2 | 11 | 0 |
| 51 | Kirloskar Electric Company Ltd. | 77.3 | 513 | 177 | 76.7 | 137.6 | -2.2 | 0 | 0 | 7 | 0 |
| 52 | Modison Ltd. | 148.8 | 483 | 197 | 108.3 | 19.6 | 2.2 | 15.1 | 11.8 | 32 | 2.8 |
| 53 | Focus Lighting & Fixtures Ltd. | 67.4 | 455 | 126.2 | 63.8 | 30 | 3.2 | 14 | 11.3 | 5 | 0 |
| 54 | RMC Switchgears Ltd. | 422 | 445 | 1023 | 300 | 14.2 | 4.2 | 37.3 | 37.6 | 0 | 0 |
| 55 | Supreme Power Equipment Ltd. | 143.9 | 360 | 240 | 100 | 19 | 3.9 | 29.4 | 22.8 | 14 | 0 |
| 56 | Indo Smc Ltd. | 145 | 331 | 156.4 | 140.2 | 21.5 | 6.8 | 47.7 | 74.4 | 0 | 0 |
| 57 | S&S Power Switchgear Ltd. | 266.2 | 329 | 469 | 202.5 | -86.6 | 4.8 | 1.1 | -12.1 | -1 | 0 |
| 58 | Saakshi Medtech & Panels Ltd. | 180.1 | 318 | 217.7 | 118 | 67.5 | 3.2 | 6.2 | 4.9 | 0 | 0 |
| 59 | RNIT AI Solutions Ltd. | 42 | 314 | 71 | 37 | 43.6 | 3.9 | 15.8 | 25.8 | 9 | 0 |
| 60 | Parth Electricals & Engineering Ltd. | 209.5 | 286 | 306.4 | 169 | 28.3 | 5.2 | 33.3 | 36.7 | 0 | 0 |
| 61 | Kaycee Industries Ltd. | 704 | 223 | 1731.5 | 632.3 | 38 | 7.6 | 30.9 | 22 | 6 | 0.2 |
| 62 | Shivalic Power Control Ltd. | 91.9 | 222 | 201 | 71 | 17.8 | 2 | 19.7 | 16.4 | 0 | 0 |
| 63 | Dhanashree Electronics Ltd. | 143.8 | 204 | 438.2 | 49.7 | 58.9 | 4.9 | 11.8 | 8.6 | 4 | 0.1 |
| 64 | Jay Bee Laminations Ltd. | 88.2 | 199 | 318.2 | 87 | 7.8 | 1.3 | 32.1 | 24.1 | 0 | 0 |
| 65 | Veto Switchgears And Cables Ltd. | 98.6 | 188 | 141.9 | 92.5 | 8.6 | 0.7 | 11.2 | 8.5 | 20 | 1 |
| 66 | Lakshmi Electrical Control Systems Ltd. | 760.2 | 187 | 1266 | 646.1 | 53.8 | 0.7 | 2.2 | 1.2 | 4 | 0.4 |
| 67 | Aplab Ltd. | 68.5 | 172 | 93 | 28.2 | 652.5 | 13.5 | -8.8 | 3 | 10 | 0 |
| 68 | Jyoti Ltd. | 73.3 | 169 | 133 | 67.7 | 10.4 | -3.9 | 9.5 | 0 | 23 | 0 |
| 69 | Avana Electrosystems Ltd. | 72.1 | 163 | 83.6 | 72.1 | 19.6 | 5.8 | 49.6 | 47.1 | 0 | 0 |
| 70 | Cospower Engineering Ltd. | 924 | 155 | 999 | 0 | 100.9 | 8.5 | 14.6 | 12.1 | 0 | 0 |
| 71 | Calcom Vision Ltd. | 107 | 150 | 147.5 | 71.6 | 104.3 | 2.7 | 7.3 | 2.8 | 4 | 0 |
| 72 | Aartech Solonics Ltd. | 46.3 | 147 | 77.7 | 45.8 | 53.2 | 4.7 | 6.5 | 9.1 | 3 | 0.2 |
| 73 | Akanksha Power & Infrastructure Ltd. | 73.8 | 144 | 133.8 | 63 | 33 | 2.2 | 11.5 | 8 | 0 | 0 |
| 74 | Star Delta Transformers Ltd. | 445.9 | 134 | 895.4 | 430 | 12.6 | 1.6 | 18.8 | 13.4 | 11 | 0 |
| 75 | Taylormade Renewables Ltd. | 105.7 | 131 | 364 | 90.5 | 10.6 | 1.5 | 21.6 | 18.2 | 3 | 0 |
| 76 | Smarten Power Systems Ltd. | 64.6 | 123 | 158 | 62 | 9.6 | 2.5 | 41 | 39.7 | 0 | 0 |
| 77 | RTS Power Corporation Ltd. | 132 | 121 | 274.9 | 123 | 34.4 | 0.8 | 4.6 | 2.4 | 1 | 0 |
| 78 | JSL Industries Ltd. | 995.4 | 117 | 1903 | 950 | 18.1 | 2.6 | 17.7 | 15.7 | 2 | 0 |
| 79 | Hindustan Appliances Ltd. | 113.6 | 114 | 238 | 85 | 776.9 | 7.8 | 0.3 | 1 | 0 | 0 |
| 80 | Mehai Technology Ltd. | 1.5 | 111 | 16.1 | 1.4 | 14.7 | 1.1 | 13.6 | 13.6 | 10 | 0 |
| 81 | Rexnord Electronics & Controls Ltd. | 70 | 93 | 113.5 | 67.9 | 18.6 | 1 | 10 | 6.4 | 4 | 0 |
| 82 | Kundan Edifice Ltd. | 90.8 | 93 | 148 | 81 | 11.9 | 2.3 | 25.4 | 21.6 | 0 | 0 |
| 83 | Vdeal System Ltd. | 171.4 | 84 | 260 | 100.2 | 21 | 3.3 | 25.6 | 25 | 0 | 0 |
| 84 | GG Engineering Ltd. | 0.5 | 81 | 1.5 | 0.5 | 10.5 | 0.4 | 5.3 | 3.6 | 6 | 0 |
| 85 | Delta Manufacturing Ltd. | 65.4 | 71 | 115.9 | 55 | -8.5 | 4.9 | -11 | -40.1 | -6 | 0 |
| 86 | Tarapur Transformers Ltd. | 25.5 | 50 | 40.5 | 21.6 | 3.1 | 78.3 | 114.2 | 0 | 2 | 0 |
| 87 | Chamunda Electrical Ltd. | 45.8 | 50 | 71 | 36.1 | 15 | 2 | 27.3 | 21.4 | 0 | 0 |
| 88 | Rulka Electricals Ltd. | 101 | 43 | 235.9 | 98 | 7 | 2.6 | 50.7 | 62.9 | 0 | 0 |
| 89 | Integra Switchgear Ltd. | 108 | 31 | 205.6 | 71.2 | 2061 | 17.3 | 0.8 | 0.8 | -0 | 0 |
| 90 | Epic Energy Ltd. | 39.6 | 29 | 84 | 35.4 | 22.1 | 3.5 | 13.7 | 17.5 | 1 | 0 |
| 91 | Alfa Transformers Ltd. | 29.2 | 27 | 109 | 28.1 | 26.5 | 2.4 | 18.7 | 9.8 | -1 | 0 |
| 92 | Maks Energy Solutions India Ltd. | 29.5 | 20 | 36 | 25.5 | 37.1 | 1.2 | 8.8 | 3.3 | 0 | 0 |
| 93 | Switching Technologies Gunther Ltd. | 73.6 | 18 | 93 | 40 | -2.7 | -1.4 | 0 | 0 | -7 | 0 |
| 94 | Shri Ram Switchgears Ltd. | 10.1 | 10 | 0 | 0 | -2.6 | -0.5 | -3.8 | 0 | 0 | 0 |
| 95 | Sparc Electrex Ltd. | 4.9 | 10 | 17.7 | 4.5 | -6.4 | 0.6 | -7.9 | -9.2 | -2 | 0 |
| 96 | Easun Reyrolle Ltd. | 2.5 | 8 | 0 | 0 | -0.7 | 0.1 | -0.7 | -7.2 | -18 | 0 |
| 97 | Starlite Components Ltd. | 3.6 | 6 | 0 | 0 | -111.3 | -14.1 | -4.2 | 0 | -0 | 0 |
| 98 | IMP Powers Ltd. | 6.1 | 5 | 0 | 0 | -1.1 | -0 | -9.3 | 0 | -6 | 0 |
| 99 | Silveroak Commercials Ltd. | 5.3 | 1 | 10.2 | 4.2 | -0.2 | -0.4 | -77.2 | -3550 | -7 | 0 |
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