Following is the list of Top Power Generation/Distribution companies in India in 2026 sorted by market cap. There are a total of 42 number of listed companies with a total of market capitalization of 1627669 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 | NTPC Ltd. | 336.7 | 326487 | 371.1 | 292.7 | 13.6 | 1.8 | 11 | 13.9 | 16617 | 2.3 |
| 2 | Adani Power Ltd. | 133 | 256409 | 182.8 | 93.2 | 20.1 | 4.6 | 22.9 | 25.6 | 11751 | 0 |
| 3 | Power Grid Corporation Of India Ltd. | 254.2 | 236375 | 321.8 | 247.5 | 15.2 | 2.6 | 12.9 | 17.3 | 14516 | 3.1 |
| 4 | Adani Green Energy Ltd. | 772.8 | 127294 | 1179.2 | 758 | 63.6 | 14.6 | 9.7 | 26.2 | 1430 | 0 |
| 5 | Tata Power Company Ltd. | 345.2 | 110319 | 416.7 | 326.2 | 23.1 | 3.1 | 12.5 | 14 | 4474 | 0.6 |
| 6 | Adani Energy Solutions Ltd. | 812.7 | 97628 | 1067.3 | 639.4 | 105.9 | 4.4 | 7.7 | 5.3 | 2361 | 0 |
| 7 | JSW Energy Ltd. | 477.6 | 86212 | 578.8 | 419.1 | 43.5 | 3.1 | 6.9 | 8.3 | 2590 | 0.4 |
| 8 | NTPC Green Energy Ltd. | 90.3 | 76090 | 120.6 | 84.6 | 160.5 | 4.1 | 5.1 | 3.8 | 572 | 0 |
| 9 | NHPC Ltd. | 75.2 | 75589 | 92.3 | 71 | 22.2 | 1.9 | 7.9 | 8.7 | 3144 | 2.3 |
| 10 | Torrent Power Ltd. | 1270.7 | 64031 | 1640 | 1188 | 20.9 | 3.6 | 17.2 | 20.6 | 3050 | 1.3 |
| 11 | NLC India Ltd. | 247.1 | 34264 | 292.4 | 185.8 | 12.6 | 1.8 | 11.6 | 15.4 | 2728 | 1.2 |
| 12 | SJVN Ltd. | 70.9 | 27847 | 107.5 | 69.8 | 34 | 2 | 4.9 | 5.8 | 556 | 1.6 |
| 13 | CESC Ltd. | 140.4 | 18615 | 185.2 | 119 | 13 | 1.6 | 11.7 | 12.2 | 1516 | 2.9 |
| 14 | Inox Wind Energy Ltd. | 10301.4 | 12411 | 12078.9 | 7625.2 | -139.3 | 6.7 | 5.4 | -6.2 | 438 | 0 |
| 15 | Acme Solar Holdings Ltd. | 199 | 12056 | 324.2 | 167.6 | 48.1 | 2.7 | 8.5 | 7.1 | 480 | 0.1 |
| 16 | Reliance Power Ltd. | 28.3 | 11692 | 76.5 | 28.1 | 4 | 0.8 | 16.8 | 22.5 | 300 | 0 |
| 17 | Indian Energy Exchange Ltd. | 127.5 | 11372 | 215.4 | 127 | 26.5 | 10.2 | 53.8 | 41.4 | 449 | 1.7 |
| 18 | Jaiprakash Power Ventures Ltd. | 14.8 | 10109 | 27.6 | 12.4 | 12.4 | 1.2 | 10.3 | 10.1 | 743 | 0 |
| 19 | GMR Power and Urban Infra Ltd. | 101.6 | 7262 | 141 | 89.4 | 4.2 | 12.4 | 30.8 | 0 | 1112 | 0 |
| 20 | Reliance Infrastructure Ltd. | 141.4 | 5778 | 425 | 128 | 0.7 | -0.3 | 0 | 0 | 7879 | 0 |
| 21 | PTC India Ltd. | 157.5 | 4663 | 206.9 | 128.9 | 5.5 | 0.8 | 16.2 | 15.6 | 1003 | 7.2 |
| 22 | RattanIndia Power Ltd. | 8 | 4312 | 16.9 | 8 | 19.4 | 0.9 | 8.7 | 5 | 86 | 0 |
| 23 | Ravindra Energy Ltd. | 142.9 | 2551 | 191.6 | 93.1 | 109.5 | 7.5 | 9.1 | 9.6 | 85 | 0 |
| 24 | BF Utilities Ltd. | 563.4 | 2122 | 899 | 519.2 | 6.3 | 10.5 | 46.2 | 263 | 266 | 0 |
| 25 | Gujarat Industries Power Company Ltd. | 136 | 2112 | 224 | 135.2 | 10 | 0.6 | 6.7 | 6.2 | 188 | 2.3 |
| 26 | Orient Green Power Company Ltd. | 9.9 | 1162 | 16.4 | 9.8 | 33.3 | 1.1 | 6.9 | 3.8 | 72 | 0 |
| 27 | India Power Corporation Ltd. | 8.8 | 862 | 16 | 8 | 122.6 | 1.1 | 3.2 | 0.8 | 8 | 0.4 |
| 28 | Urja Global Ltd. | 9.9 | 554 | 17.5 | 9.4 | 400.8 | 3 | 1.5 | 0.8 | 3 | 0 |
| 29 | GVK Power & Infrastructure Ltd. | 3.1 | 485 | 5 | 2.9 | 0.8 | -0.8 | 34.9 | 0 | -1597 | 0 |
| 30 | Surana Telecom And Power Ltd. | 17.2 | 234 | 29.3 | 15.5 | 10 | 1.5 | 19.8 | 16.3 | 22 | 0 |
| 31 | Indowind Energy Ltd. | 14 | 226 | 24.7 | 13.3 | 178.1 | 0.7 | 2 | 0.5 | 2 | 0 |
| 32 | Globus Power Generation Ltd. | 12.9 | 128 | 20 | 11.5 | 36 | 15.7 | 52.7 | 52.7 | 4 | 0 |
| 33 | Energy Development Company Ltd. | 18 | 85 | 29.8 | 16.5 | -0.9 | 21.5 | -33.8 | -185 | -91 | 0 |
| 34 | WAA Solar Ltd. | 60 | 80 | 99 | 40.9 | 20.4 | 0.4 | 3.2 | 2.1 | 0 | 0 |
| 35 | Karma Energy Ltd. | 39.9 | 46 | 88 | 39.5 | 29.6 | 1.2 | 4.3 | 4 | 1 | 0 |
| 36 | Sungarner Energies Ltd. | 186 | 43 | 531 | 181.1 | 26 | 3.8 | 18 | 15.9 | 0 | 0 |
| 37 | KKV Agro Powers Ltd. | 660.4 | 41 | 672.7 | 440.5 | 24.4 | 1.9 | 10.8 | 8 | 0 | 1 |
| 38 | Sri KPR Industries Ltd. | 20.6 | 41 | 38 | 20 | 9 | 0.4 | 6.3 | 5.1 | 5 | 0 |
| 39 | Gita Renewable Energy Ltd. | 78 | 32 | 155 | 75 | -81.7 | 2.4 | -2.9 | -2.9 | -0 | 0 |
| 40 | Amalgamated Electricity Company Ltd. | 75.9 | 21 | 110.5 | 46.6 | -213.1 | -53.7 | 0 | 0 | -0 | 0 |
| 41 | Veer Energy & Infrastructure Ltd. | 13.2 | 20 | 21.5 | 12.4 | 106.9 | 0.3 | 0.4 | 0.3 | -0 | 0 |
| 42 | Suryachakra Power Corporation Ltd. | 0.6 | 9 | 0 | 0 | -109.9 | 0 | -4 | -200 | -57 | 0 |
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