Following is the list of Top Electric Equipment companies in India in 2026 sorted by market cap. There are a total of 103 number of listed companies with a total of market capitalization of 1348172 crores. The market capitalization data is updated as on 05 May 2026
| # | Company | CMP | M Cap | 52W High | 52W Low | PE | PB | ROCE Last Yr | ROE Last Yr | PAT TTM | Div Yield |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | ABB India Ltd. | 7328 | 155286 | 7825 | 4640.5 | 93 | 19.8 | 30.2 | 22.4 | 1669 | 0.8 |
| 2 | Hitachi Energy India Ltd. | 34255 | 152683 | 34350 | 14151 | 397.6 | 36.3 | 19.9 | 13.8 | 841 | 0 |
| 3 | Siemens Ltd. | 3846.6 | 136985 | 3928 | 2787.2 | 50.4 | 8.9 | 26.3 | 19.1 | 1586 | 0.2 |
| 4 | CG Power and Industrial Solutions Ltd. | 826.9 | 130232 | 846.9 | 525.5 | 133.8 | 33.2 | 39.9 | 28.6 | 1109 | 0.2 |
| 5 | Siemens Energy India Ltd. | 3297.4 | 117427 | 3624 | 2105.2 | 106.7 | 26.8 | 40.2 | 29.2 | 1181 | 0.1 |
| 6 | GE Vernova T&D India Ltd. | 4578.9 | 117241 | 4692 | 1473 | 192.7 | 66.1 | 56.1 | 40.3 | 1068 | 0.3 |
| 7 | Waaree Energies Ltd. | 3181.7 | 91522 | 3864.4 | 2402 | 47.5 | 9.7 | 34.7 | 28.7 | 3884 | 0 |
| 8 | Havells India Ltd. | 1239.6 | 77755 | 1623.6 | 1143 | 52.9 | 9.4 | 26.2 | 18.7 | 1659 | 0.7 |
| 9 | Suzlon Energy Ltd. | 54.8 | 75229 | 74.3 | 38.2 | 36.3 | 12.5 | 32.7 | 42 | 3230 | 0 |
| 10 | Apar Industries Ltd. | 12794 | 51391 | 12850 | 5300.5 | 62.6 | 11.4 | 33.5 | 19.6 | 974 | 0.9 |
| 11 | Schneider Electric Infrastructure Ltd. | 1349.9 | 32277 | 1355 | 516.7 | 120.5 | 58.8 | 47 | 64.5 | 245 | 0 |
| 12 | TD Power Systems Ltd. | 1176.8 | 18385 | 1195.6 | 383 | 105.3 | 21.4 | 30.3 | 22.3 | 220 | 0.3 |
| 13 | Emmvee Photovoltaic Power Ltd. | 260.9 | 18063 | 299.4 | 171.5 | 49 | 28.8 | 28.8 | 104.6 | 1101 | 0 |
| 14 | Inox Wind Ltd. | 104.5 | 18055 | 198.1 | 74.9 | 41.5 | 3.5 | 12.3 | 13.2 | 535 | 0 |
| 15 | V-Guard Industries Ltd. | 338.9 | 14803 | 412.8 | 294 | 47.2 | 7.2 | 20.8 | 16.4 | 287 | 0.4 |
| 16 | Atlanta Electricals Ltd. | 1587.4 | 12207 | 1890 | 712 | 102.9 | 32.5 | 50.4 | 41 | 122 | 0 |
| 17 | Quality Power Electrical Equipments Ltd. | 1331.8 | 10314 | 1443.2 | 330.9 | 103 | 24.3 | 36.7 | 34.7 | 166 | 0.3 |
| 18 | Voltamp Transformers Ltd. | 10082 | 10200 | 12825.6 | 6670 | 31.3 | 6.4 | 29.8 | 22.1 | 354 | 1.4 |
| 19 | Transformers & Rectifiers (India) Ltd. | 322.2 | 9670 | 578.6 | 224.3 | 44.7 | 7.7 | 28.6 | 24 | 272 | 0 |
| 20 | Genus Power Infrastructures Ltd. | 316.5 | 9628 | 430 | 210.7 | 32.7 | 4.7 | 19.2 | 17.2 | 515 | 0.9 |
| 21 | Transrail Lighting Ltd. | 587.9 | 7893 | 855.4 | 444.9 | 24.2 | 4.2 | 35.6 | 21.7 | 428 | 0.2 |
| 22 | Powerica Ltd. | 487.8 | 6173 | 499.2 | 365.1 | 35.1 | 4.9 | 23.2 | 17.6 | 123 | 0 |
| 23 | Shilchar Technologies Ltd. | 4814.5 | 5508 | 6125 | 2851.2 | 37.5 | 15.9 | 71.1 | 52.8 | 185 | 0.2 |
| 24 | KSH International Ltd. | 616 | 4174 | 702.6 | 330.2 | 61.4 | 11.7 | 21.7 | 25.7 | 92 | 0 |
| 25 | Ram Ratna Wires Ltd. | 444.1 | 4146 | 473.6 | 257.8 | 59.1 | 8.1 | 21.2 | 15.5 | 91 | 0.5 |
| 26 | Marine Electricals (India) Ltd. | 238 | 3331 | 258 | 150.9 | 87.4 | 8.3 | 16.6 | 11.8 | 54 | 0.2 |
| 27 | Bharat Bijlee Ltd. | 2939.8 | 3323 | 3472.6 | 2009.4 | 24.9 | 1.7 | 9.7 | 7 | 131 | 1.2 |
| 28 | Hind Rectifiers Ltd. | 933 | 3207 | 1050.5 | 440.2 | 86.4 | 20.1 | 22.3 | 26.2 | 50 | 0.2 |
| 29 | Indo Tech Transformers Ltd. | 2616.3 | 2779 | 2847 | 1100 | 43.5 | 9.9 | 37.8 | 25.7 | 90 | 0 |
| 30 | Alpex Solar Ltd. | 1063.8 | 2717 | 1449.7 | 660 | 32.5 | 12 | 52.3 | 47.8 | 185 | 0 |
| 31 | Marsons Ltd. | 157.2 | 2706 | 231.5 | 121 | 96.6 | 22.1 | 38 | 41 | 33 | 0 |
| 32 | HPL Electric & Power Ltd. | 364.8 | 2346 | 639.5 | 256 | 25 | 2.6 | 14.5 | 10.8 | 98 | 0.2 |
| 33 | Honda India Power Products Ltd. | 2299.9 | 2333 | 3251 | 1840 | 29.2 | 2.7 | 12.9 | 9.5 | 73 | 1.6 |
| 34 | Servotech Renewable Power System Ltd. | 96.2 | 2172 | 168.5 | 57.5 | 66.6 | 10.8 | 20.2 | 21.5 | 31 | 0 |
| 35 | Ujaas Energy Ltd. | 158.1 | 2109 | 225.2 | 86.7 | 238.3 | 19.7 | 10.5 | 10.1 | 3 | 0 |
| 36 | Yash Highvoltage Ltd. | 732.4 | 2091 | 754.8 | 175.8 | 97.7 | 14.2 | 28.6 | 22.6 | 0 | 0.6 |
| 37 | Vidya Wires Ltd. | 93.5 | 1990 | 97 | 43.7 | 48.7 | 9 | 24.3 | 28 | 45 | 0 |
| 38 | Rishabh Instruments Ltd. | 492.9 | 1900 | 517.4 | 234.8 | 89.6 | 3.3 | 5.5 | 3.9 | 68 | 0 |
| 39 | Spectrum Electrical Industries Ltd. | 1158.5 | 1820 | 1900 | 958 | 71.6 | 9.6 | 16 | 14.5 | 37 | 0 |
| 40 | Exicom Tele-Systems Ltd. | 119.7 | 1665 | 208.8 | 75.8 | -15.1 | 2.5 | -6.8 | -16.5 | -282 | 0 |
| 41 | Danish Power Ltd. | 841.8 | 1658 | 1189 | 550.5 | 28.8 | 5.2 | 40.1 | 28.6 | 0 | 0.2 |
| 42 | Solex Energy Ltd. | 1338.6 | 1446 | 1985 | 795.4 | 33.8 | 9 | 30 | 41.4 | 38 | 0.1 |
| 43 | Divine Power Energy Ltd. | 505 | 1261 | 521.9 | 123 | 137.8 | 13.9 | 14.6 | 16.4 | 0 | 0 |
| 44 | Igarashi Motors India Ltd. | 382.4 | 1204 | 665.4 | 272 | 49.8 | 2.6 | 8.1 | 5.3 | 14 | 0.5 |
| 45 | Virtuoso Optoelectronics Ltd. | 368 | 1171 | 579 | 236.4 | 83.1 | 3.9 | 12.7 | 6 | 11 | 0 |
| 46 | Salzer Electronics Ltd. | 656.1 | 1160 | 1127 | 488.6 | 22.1 | 2.1 | 13.3 | 10.3 | 55 | 0.2 |
| 47 | MIC Electronics Ltd. | 44.5 | 1073 | 82.8 | 30 | 109.1 | 6.5 | 8.9 | 8.6 | -13 | 0 |
| 48 | Vilas Transcore Ltd. | 430.2 | 1053 | 673.7 | 314.5 | 30.8 | 3.9 | 23.7 | 16.4 | 0 | 0 |
| 49 | Prostarm Info Systems Ltd. | 156.3 | 920 | 253 | 107.1 | 31.9 | 6.5 | 29.9 | 30.8 | 32 | 0 |
| 50 | Mangal Electrical Industries Ltd. | 330 | 912 | 574 | 206.2 | 19.3 | 4.2 | 30.4 | 34.9 | 44 | 0 |
| 51 | Ganesh Green Bharat Ltd. | 333.4 | 827 | 555 | 215 | 27.2 | 4 | 25.5 | 23.2 | 0 | 0 |
| 52 | Kirloskar Electric Company Ltd. | 123.2 | 818 | 151.8 | 74.9 | 219.3 | -3.5 | 0 | 0 | 11 | 0 |
| 53 | Permanent Magnets Ltd. | 924 | 794 | 1229.9 | 618.6 | 50.4 | 5.5 | 15.8 | 11.5 | 12 | 0.3 |
| 54 | Supreme Power Equipment Ltd. | 277.5 | 694 | 277.5 | 114.3 | 36.6 | 7.5 | 29.4 | 22.8 | 15 | 0 |
| 55 | Vivid Electromech Ltd. | 731.4 | 650 | 790 | 556 | 32.1 | 18.7 | 127.5 | 117.6 | 0 | 0 |
| 56 | RNIT AI Solutions Ltd. | 77 | 576 | 78.9 | 37 | 79.9 | 7.2 | 15.8 | 25.8 | 12 | 0 |
| 57 | Focus Lighting & Fixtures Ltd. | 82.7 | 558 | 126.2 | 57.1 | 36.8 | 4 | 14 | 11.3 | 4 | 0 |
| 58 | Modison Ltd. | 163.4 | 530 | 197 | 109 | 21.5 | 2.5 | 15.1 | 11.8 | 46 | 2.8 |
| 59 | S&S Power Switchgear Ltd. | 408 | 504 | 456 | 202.5 | -132.8 | 7.4 | 1.1 | -12.1 | 8 | 0 |
| 60 | Indo Smc Ltd. | 218.1 | 498 | 229 | 134 | 32.3 | 10.2 | 47.7 | 74.4 | 12 | 0 |
| 61 | Parth Electricals & Engineering Ltd. | 362.2 | 495 | 362.2 | 169 | 48.9 | 8.9 | 33.3 | 36.7 | 0 | 0 |
| 62 | RMC Switchgears Ltd. | 465.5 | 492 | 897 | 300 | 15.6 | 4.6 | 37.3 | 37.6 | 0 | 0 |
| 63 | Artemis Electricals And Projects Ltd. | 18.4 | 462 | 28 | 13 | 61.1 | 5.4 | 11.6 | 9.2 | 9 | 0 |
| 64 | Saakshi Medtech & Panels Ltd. | 258.2 | 456 | 265 | 118 | 96.8 | 4.7 | 6.2 | 4.9 | 0 | 0 |
| 65 | Avana Electrosystems Ltd. | 137.8 | 312 | 145.4 | 60.1 | 37.5 | 11 | 49.6 | 47.1 | 0 | 0 |
| 66 | Kaycee Industries Ltd. | 892 | 283 | 1731.5 | 632.3 | 48.2 | 9.6 | 30.9 | 22 | 6 | 0.2 |
| 67 | Dhanashree Electronics Ltd. | 160.6 | 228 | 438.2 | 118 | 65.8 | 5.4 | 11.8 | 8.6 | 4 | 0.1 |
| 68 | Aplab Ltd. | 86 | 216 | 94.8 | 29.7 | 819.8 | 17 | -8.8 | 3 | 10 | 0 |
| 69 | Veto Switchgears And Cables Ltd. | 111.4 | 213 | 141.9 | 83 | 9.8 | 0.8 | 11.2 | 8.5 | 23 | 1 |
| 70 | Jay Bee Laminations Ltd. | 92.2 | 208 | 295 | 70 | 8.2 | 1.4 | 32.1 | 24.1 | 0 | 0 |
| 71 | Lakshmi Electrical Control Systems Ltd. | 835.1 | 205 | 1266 | 646.1 | 59.1 | 0.7 | 2.2 | 1.2 | 3 | 0.4 |
| 72 | Akanksha Power & Infrastructure Ltd. | 103.8 | 203 | 133.8 | 57 | 46.4 | 3.1 | 11.5 | 8 | 0 | 0 |
| 73 | Shivalic Power Control Ltd. | 82.8 | 200 | 139.2 | 59 | 16.1 | 1.8 | 19.7 | 16.4 | 0 | 0 |
| 74 | Cospower Engineering Ltd. | 1061 | 195 | 1149 | 0 | 127.1 | 9.8 | 14.6 | 12.1 | 0 | 0 |
| 75 | Star Delta Transformers Ltd. | 621 | 186 | 846.4 | 392.6 | 17.5 | 2.2 | 18.8 | 13.4 | 11 | 0 |
| 76 | Aartech Solonics Ltd. | 48 | 152 | 77.7 | 34 | 55.1 | 4.8 | 6.5 | 9.1 | 2 | 0.2 |
| 77 | Accord Transformer & Switchgear Ltd. | 72 | 148 | 73.7 | 45 | 24.5 | 5 | 36.5 | 43.9 | 0 | 0 |
| 78 | RTS Power Corporation Ltd. | 137 | 126 | 198 | 80 | 35.7 | 0.9 | 4.6 | 2.4 | 3 | 0 |
| 79 | Taylormade Renewables Ltd. | 99.2 | 123 | 315.3 | 87.8 | 10 | 1.4 | 21.6 | 18.2 | 5 | 0 |
| 80 | Mehai Technology Ltd. | 1.5 | 121 | 13.4 | 1.1 | 16 | 1.1 | 13.6 | 13.6 | 6 | 0 |
| 81 | JSL Industries Ltd. | 944.4 | 111 | 1647 | 875 | 17.2 | 2.5 | 17.7 | 15.7 | 2 | 0 |
| 82 | Smarten Power Systems Ltd. | 52 | 99 | 158 | 42 | 7.7 | 2 | 41 | 39.7 | 0 | 0 |
| 83 | Hindustan Appliances Ltd. | 96.2 | 96 | 238 | 75.4 | 657.7 | 6.6 | 0.3 | 1 | 0 | 0 |
| 84 | Rexnord Electronics & Controls Ltd. | 69.3 | 92 | 111 | 45.2 | 18.4 | 1 | 10 | 6.4 | 1 | 0 |
| 85 | Kundan Edifice Ltd. | 84 | 86 | 148 | 61 | 11 | 2.1 | 25.4 | 21.6 | 0 | 0 |
| 86 | Vdeal System Ltd. | 176 | 86 | 260 | 122.4 | 21.6 | 3.4 | 25.6 | 25 | 0 | 0 |
| 87 | GG Engineering Ltd. | 0.5 | 79 | 0.8 | 0.3 | 10.3 | 0.3 | 5.3 | 3.6 | 6 | 0 |
| 88 | Delta Manufacturing Ltd. | 62.5 | 68 | 115.9 | 41 | -8.2 | 4.6 | -11 | -40.1 | -5 | 0 |
| 89 | Chamunda Electrical Ltd. | 45.4 | 50 | 59 | 38.5 | 14.9 | 2 | 27.3 | 21.4 | 0 | 0 |
| 90 | Rulka Electricals Ltd. | 111.5 | 47 | 181.8 | 73 | 7.8 | 2.9 | 50.7 | 62.9 | 0 | 0 |
| 91 | Alfa Transformers Ltd. | 50.5 | 46 | 85 | 27 | 45.8 | 4.2 | 18.7 | 9.8 | -1 | 0 |
| 92 | Tarapur Transformers Ltd. | 23.8 | 46 | 40.2 | 21.6 | 2.9 | 73.1 | 114.2 | 0 | -1 | 0 |
| 93 | Integra Switchgear Ltd. | 150.2 | 43 | 175 | 71.2 | 2867.3 | 24 | 0.8 | 0.8 | -0 | 0 |
| 94 | Agni Green Power Ltd. | 21.2 | 41 | 43.4 | 13.6 | 66.1 | 1.3 | 6.9 | 2 | 0 | 0 |
| 95 | Epic Energy Ltd. | 42.8 | 31 | 77.5 | 25.2 | 23.9 | 3.8 | 13.7 | 17.5 | 1 | 0 |
| 96 | Switching Technologies Gunther Ltd. | 94 | 23 | 95 | 40 | -3.4 | -1.8 | 0 | 0 | -7 | 0 |
| 97 | Maks Energy Solutions India Ltd. | 26 | 18 | 36 | 25.2 | 32.7 | 1.1 | 8.8 | 3.3 | 0 | 0 |
| 98 | Sparc Electrex Ltd. | 6.3 | 12 | 9.4 | 3 | -8.1 | 0.7 | -7.9 | -9.2 | -3 | 0 |
| 99 | Shri Ram Switchgears Ltd. | 10.1 | 10 | 0 | 0 | -2.6 | -0.5 | -3.8 | 0 | 0 | 0 |
| 100 | Easun Reyrolle Ltd. | 2.5 | 8 | 0 | 0 | -0.7 | 0.1 | -0.7 | -7.2 | -18 | 0 |
| 101 | Starlite Components Ltd. | 3.6 | 6 | 0 | 0 | -111.3 | -14.1 | -4.2 | 0 | 1 | 0 |
| 102 | IMP Powers Ltd. | 6.1 | 5 | 0 | 0 | -1.1 | -0 | -9.3 | 0 | -7 | 0 |
| 103 | Silveroak Commercials Ltd. | 6 | 2 | 10.2 | 3.6 | -0.2 | -0.4 | -77.2 | -3550 | -7 | 0 |
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