Following is the list of Top Power Generation/Distribution companies in India in 2025 sorted by market cap. There are a total of 43 number of listed companies with a total of market capitalization of 1753883 crores. The market capitalization data is updated as on 15 Dec 2025
| # | Company | CMP | M Cap | 52W High | 52W Low | PE | PB | ROCE Last Yr | ROE Last Yr | PAT TTM | Div Yield |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | NTPC Ltd. | 324 | 314123 | 371.1 | 292.7 | 13.1 | 1.7 | 11 | 13.9 | 16617 | 2.3 |
| 2 | Adani Power Ltd. | 144.4 | 278432 | 182.8 | 89.1 | 21.8 | 4.9 | 22.9 | 25.6 | 11751 | 0 |
| 3 | Power Grid Corporation Of India Ltd. | 262.2 | 243862 | 335.5 | 247.5 | 15.7 | 2.6 | 12.9 | 17.3 | 14516 | 3.1 |
| 4 | Adani Green Energy Ltd. | 1047.6 | 172558 | 1179.2 | 758 | 86.2 | 19.8 | 9.7 | 26.2 | 1928 | 0 |
| 5 | Adani Energy Solutions Ltd. | 1016.4 | 122104 | 1050 | 639.4 | 132.5 | 5.5 | 7.7 | 5.3 | 2411 | 0 |
| 6 | Tata Power Company Ltd. | 381.6 | 121950 | 428.1 | 326.2 | 25.5 | 3.4 | 12.5 | 14 | 4474 | 0.6 |
| 7 | JSW Energy Ltd. | 486.4 | 85020 | 700.4 | 419.1 | 42.9 | 3.1 | 6.9 | 8.3 | 2217 | 0.4 |
| 8 | NHPC Ltd. | 77.2 | 77558 | 92.3 | 71 | 22.7 | 2 | 7.9 | 8.7 | 3144 | 2.3 |
| 9 | NTPC Green Energy Ltd. | 90.5 | 76233 | 141.6 | 84.6 | 160.8 | 4.1 | 5.1 | 3.8 | 572 | 0 |
| 10 | Torrent Power Ltd. | 1292.7 | 65140 | 1645 | 1188 | 21.3 | 3.7 | 17.2 | 20.6 | 3050 | 1.3 |
| 11 | NLC India Ltd. | 242.9 | 33677 | 292.4 | 185.8 | 12.4 | 1.8 | 11.6 | 15.4 | 2728 | 1.2 |
| 12 | SJVN Ltd. | 72.4 | 28460 | 120 | 70 | 34.8 | 2 | 4.9 | 5.8 | 556 | 1.6 |
| 13 | CESC Ltd. | 171 | 22661 | 192.3 | 119 | 15.9 | 1.9 | 11.7 | 12.2 | 1516 | 2.9 |
| 14 | Reliance Power Ltd. | 34.4 | 14206 | 76.5 | 31.3 | 4.8 | 0.9 | 16.8 | 22.5 | 300 | 0 |
| 15 | Acme Solar Holdings Ltd. | 230.6 | 13972 | 324.2 | 167.6 | 55.7 | 3.1 | 8.5 | 7.1 | 480 | 0.1 |
| 16 | Indian Energy Exchange Ltd. | 142.3 | 12691 | 215.4 | 130.4 | 29.6 | 11.3 | 53.8 | 41.4 | 449 | 1.7 |
| 17 | Jaiprakash Power Ventures Ltd. | 18.1 | 12412 | 27.6 | 12.4 | 15.3 | 1.5 | 10.3 | 10.1 | 743 | 0 |
| 18 | Inox Wind Energy Ltd. | 10301.4 | 12411 | 12078.9 | 7625.2 | -139.3 | 6.7 | 5.4 | -6.2 | 438 | 0 |
| 19 | Waaree Renewable Technologies Ltd. | 967.9 | 10090 | 1479.4 | 732 | 44.1 | 22.2 | 81.9 | 65.5 | 350 | 0.1 |
| 20 | GMR Power and Urban Infra Ltd. | 118.4 | 8460 | 141 | 89.4 | 4.9 | 14.4 | 30.8 | 0 | 1112 | 0 |
| 21 | Reliance Infrastructure Ltd. | 142.9 | 5839 | 425 | 128 | 0.7 | -0.4 | 0 | 0 | 7879 | 0 |
| 22 | RattanIndia Power Ltd. | 9.6 | 5155 | 16.9 | 8.4 | 23.2 | 1.1 | 8.7 | 5 | 86 | 0 |
| 23 | PTC India Ltd. | 157.9 | 4673 | 206.9 | 127.8 | 5.5 | 0.8 | 16.2 | 15.6 | 1003 | 7.2 |
| 24 | Ravindra Energy Ltd. | 160.9 | 2874 | 191.6 | 93.1 | 123.4 | 8.5 | 9.1 | 9.6 | 71 | 0 |
| 25 | Gujarat Industries Power Company Ltd. | 150.8 | 2340 | 268.2 | 140.4 | 11.1 | 0.7 | 6.7 | 6.2 | 188 | 2.3 |
| 26 | BF Utilities Ltd. | 620 | 2335 | 1070 | 560 | 6.9 | 11.6 | 46.2 | 263 | 176 | 0 |
| 27 | Orient Green Power Company Ltd. | 12.1 | 1415 | 18.5 | 10.8 | 40.5 | 1.3 | 6.9 | 3.8 | 72 | 0 |
| 28 | India Power Corporation Ltd. | 10.2 | 994 | 18.3 | 10 | 141.4 | 1.2 | 3.2 | 0.8 | 8 | 0.4 |
| 29 | Urja Global Ltd. | 11.6 | 646 | 18.4 | 10.7 | 467.8 | 3.5 | 1.5 | 0.8 | 3 | 0 |
| 30 | GVK Power & Infrastructure Ltd. | 3.2 | 505 | 5 | 2.9 | 0.8 | -0.8 | 34.9 | 0 | -1597 | 0 |
| 31 | Surana Telecom And Power Ltd. | 20 | 272 | 29.3 | 15.5 | 11.6 | 1.8 | 19.8 | 16.3 | 22 | 0 |
| 32 | Indowind Energy Ltd. | 14 | 225 | 27.7 | 13.9 | 177.6 | 0.7 | 2 | 0.5 | 2 | 0 |
| 33 | Globus Power Generation Ltd. | 14.6 | 144 | 20 | 12.2 | 40.7 | 17.7 | 52.7 | 52.7 | 4 | 0 |
| 34 | Energy Development Company Ltd. | 19.9 | 95 | 33 | 16.5 | -1 | 23.8 | -33.8 | -185 | -91 | 0 |
| 35 | WAA Solar Ltd. | 46.4 | 62 | 131 | 42.5 | 15.8 | 0.3 | 3.2 | 2.1 | 0 | 0 |
| 36 | Karma Energy Ltd. | 51.6 | 60 | 88 | 44.9 | 38.2 | 1.5 | 4.3 | 4 | 1 | 0 |
| 37 | Sungarner Energies Ltd. | 220 | 51 | 610 | 181.1 | 30.8 | 4.5 | 18 | 15.9 | 0 | 0 |
| 38 | Sri KPR Industries Ltd. | 24.3 | 49 | 38 | 20.3 | 10.6 | 0.5 | 6.3 | 5.1 | 5 | 0 |
| 39 | KKV Agro Powers Ltd. | 634 | 40 | 711.6 | 440.5 | 23.4 | 1.8 | 10.8 | 8 | 0 | 1 |
| 40 | Gita Renewable Energy Ltd. | 93 | 38 | 163.9 | 88.2 | -97.4 | 2.9 | -2.9 | -2.9 | -0 | 0 |
| 41 | Amalgamated Electricity Company Ltd. | 74.4 | 21 | 110.5 | 46.6 | -208.8 | -52.6 | 0 | 0 | -0 | 0 |
| 42 | Veer Energy & Infrastructure Ltd. | 13.9 | 21 | 26 | 12.4 | 112.8 | 0.3 | 0.4 | 0.3 | -0 | 0 |
| 43 | Suryachakra Power Corporation Ltd. | 0.6 | 9 | 0 | 0 | -0.3 | 0.1 | -15.7 | -23.8 | -57 | 0 |
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