Following is the list of Top Electrodes & Welding Equipment companies in India in 2025 sorted by market cap. There are a total of 14 number of listed companies with a total of market capitalization of 34598 crores. The market capitalization data is updated as on 14 Nov 2025
| # | Company | CMP | M Cap | 52W High | 52W Low | PE | PB | ROCE Last Yr | ROE Last Yr | PAT TTM | Div Yield |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Graphite India Ltd. | 571.6 | 11169 | 651.2 | 366 | 24.4 | 1.9 | 10.2 | 8 | 237 | 2.3 |
| 2 | HEG Ltd. | 515.9 | 9956 | 622 | 332.2 | 86.5 | 2.2 | 4 | 2.6 | 258 | 0.4 |
| 3 | Esab India Ltd. | 5305.9 | 8167 | 6571 | 4129.8 | 46.6 | 22.6 | 71.3 | 52.6 | 208 | 2 |
| 4 | Ador Welding Ltd. | 1074.4 | 1870 | 1258.8 | 777 | 31.1 | 3.7 | 18.1 | 12.3 | 55 | 2.4 |
| 5 | Diffusion Engineers Ltd. | 368.1 | 1378 | 417.6 | 232.6 | 38.2 | 3.7 | 15.9 | 12.9 | 41 | 0.6 |
| 6 | Ador Fontech Ltd. | 142.5 | 499 | 0 | 0 | 28.4 | 3.9 | 21.8 | 14.1 | 23 | 5.7 |
| 7 | GEE Ltd. | 82.2 | 427 | 97.9 | 55.2 | 33.2 | 3.3 | 12.5 | 10.3 | -11 | 0 |
| 8 | De Nora India Ltd. | 753.2 | 400 | 1452 | 675 | 236.2 | 3.3 | 2.4 | 1.4 | 3 | 0 |
| 9 | Panasonic Carbon India Company Ltd. | 496.8 | 238 | 650 | 450 | 11.4 | 1.4 | 17 | 12.7 | 22 | 2.5 |
| 10 | Royal Arc Electrodes Ltd. | 148 | 164 | 187.8 | 114.2 | 18.2 | 2.3 | 21.3 | 15.8 | 0 | 0 |
| 11 | Classic Electrodes (India) Ltd. | 84.1 | 151 | 113.9 | 80.5 | 12.3 | 3.3 | 29.2 | 44.2 | 0 | 0 |
| 12 | D&H India Ltd. | 151.2 | 124 | 274 | 124 | 24 | 2.6 | 13.6 | 11.6 | 7 | 0 |
| 13 | Rasi Electrodes Ltd. | 17.1 | 53 | 36.8 | 15 | 19.4 | 1.5 | 11.1 | 8.1 | 3 | 0 |
| 14 | Mahavir Industries Ltd. | 0.9 | 2 | 0 | 0 | -492 | 662.1 | 1.2 | -80.4 | 0 | 0 |
