written by | October 18, 2022

Guidelines on Top 10 Electrical Companies in India for knowledge

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India has many electrical businesses that have been running for a while. They significantly affect India's development outlook. Transformers, switch gears, household appliances, and batteries are just a few of the products that the Indian electrical industry manufactures. These businesses commonly provide electrical engineers employment possibilities in India. The Top 10 Electrical Companies in India are described below. 

Did you know? The largest market cap in the power sector in India is held by Adani Green Energy, with a market capitalization of ₹1,53,140 crore. 

Also Read: What is Business Leadership? Meaning & Definition

Top 10 Electrical Companies in India 

BHEL [Bharat Heavy Electricals Limited] 

BHEL ranks among the best electrical companies in India. One of the nation's oldest electrical enterprises, Bharat Heavy Electricals Limited, is situated in Maharashtra. It provides a wide assortment of products and services to its clients. 

In India, BHEL is one of the top electricity generators. It has several power plants spread out nationwide, in addition to a robust distribution network. Additionally, it manufactures sustainable energy sources, including solar and wind energy. 

BHEL is a reputable business with a good public image among its clients. Before being made available to the general public, its goods and services are quality-tested. It guarantees that clients will receive high-quality goods at reasonable pricing. 

  • Total Sales: Rs 30,368 Cr
  • Market Cap:  14,503 Cr.
  • Dividend Yield: 4.80 %
  • ROE: -4.93 %
  • Sales Growth (3Yrs): -8.94 %
  • Promoter holding: 63.17 %
  • Debt to equity: 0.18
  • Price to book value: 0.47

Bajaj Electricals Companies 

Bajaj Electricals Companies is one of the top 10 electrical businesses in India. They provide a huge selection of goods and services to their clients. 

The Bajaj Electricals Companies are known for offering top-notch goods and services. They provide a range of electrical goods and services, such as lighting, security systems, and residential and business wiring. They also provide warranties, installation and maintenance, and round-the-clock customer assistance. 

There is a sizable distribution network for Bajaj Electricals Companies throughout India. The company can provide its clients access to their goods and services anywhere in India. 

The staff at Bajaj Electricals Companies is committed to offering its clients high-quality electrical services and products. They are constantly seeking methods to improve their goods and services and better serve their clients. 

  • Market Cap:  5,956 Cr.
  • Dividend Yield: 0.67 %
  • ROCE: 7.00 %
  • ROE: -0.74 %
  • Sales Growth (3Yrs): 5.43 %
  • Face Value:  2.00
  • Promoter holding: 63.17 %
  • Debt to equity: 0.80
  • Price to book value: 4.21

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ABB India Ltd 

ABB India Ltd is one of the leading electrical businesses in India. It offers various services, including electricity production, transmission, and distribution. ABB also produces machinery for the industrial sector. 

ABB India is well-represented in several Indian states. It has facilities in Chennai, Delhi, Kolkata, and Mumbai. Additional important Indian cities with ABB offices include Hyderabad, Bangalore and Ahmedabad. 

The history of ABB India in India is extensive. Anders Bylund, a Swedish engineer, started the business in 1881. More than 11,000 people are employed at ABB India in India now. It is a prestigious electrical company in the nation. 

  • Total Sales: Rs 7,315 Cr
  • Market Cap:  20,886 Cr.
  • Dividend Yield: 0.49 %
  • ROCE: 14.19 %
  • ROE: 9.19 %
  • Sales Growth (3Yrs): -5.41 %
  • Promoter holding: 75.00 %
  • Debt to equity: 0.02
  • Price to book value: 5.62

Finolex Cables Ltd 

Finolex Cables Ltd is one of India's biggest electrical businesses. It provides a comprehensive selection of electrical goods and services, such as cables, wire safety harnesses, and electrical distribution systems. 

Finolex Cables Ltd. has longstanding experience in offering high-quality electrical goods and services to companies and customers in India. Its extensive distributors and suppliers make it simple for clients to locate the goods and services they want. 

For its clients, Finolex Cables Ltd. also provides a variety of financial solutions. These choices include accepting credit cards, instalment payments, and other things. It is a practical option for Indian businesses and customers due to its broad selection of goods and services. 

  • Total Sales: Rs 3,078 Cr
  • Market Cap:  4,251 Cr.
  • Dividend Yield: 1.62 %
  • ROCE: 19.47 %
  • ROE: 15.61 %
  • Sales Growth (3Yrs): 5.58 %
  • Face Value:  2.00
  • Promoter holding: 35.92 %
  • Debt to equity: 0.00
  • Price to book value: 1.56

Havells India Ltd 

Havells India Ltd is one of India's biggest electrical corporations. Customers may choose from various goods and services at Havells India Ltd. They provide a range of goods and services to residential, business, and industrial clients. 

Havells India Ltd provides a variety of goods and services, such as solar power, lighting, electrical cables, and security surveillance systems. Additionally, they provide consumers with installation, maintenance, and repair facilities for their electrical requirements. Your demands can be met by their skilled professionals' appropriate product or solution. 

  • Total Sales: Rs 10,073 Cr
  • Market Cap:  38,544 Cr.
  • Dividend Yield: 0.65 %
  • ROCE: 21.45 %
  • ROE: 17.41 %
  • Sales Growth (3Yrs): 15.48 %
  • Promoter holding: 59.50 %
  • Debt to equity: 0.02
  • Price to book value: 8.94

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Crompton Greaves Electrical Ltd 

Crompton Greaves Electrical Ltd is one of India's most prominent and best-known electrical enterprises. Customers throughout the nation may purchase various electrical goods and services from them. Crompton Greaves Electrical Ltd.'s dedication to quality is one of the primary factors in its success. 

Everything they do demonstrates their commitment to prioritising the security and comfort of their clients. They provide a wide range of goods and services, all of which are tested for quality before being delivered. They offer excellent customer service as well. 

Crompton Greaves Electrical Ltd is always eager to help you with any inquiries or issues you may have with your electrical items. Since they know that not all customers are conversant with electrical jargon, they ensure that their customer support representatives can clarify everything straightforwardly and understandably. 

  • Total Sales: Rs 4,520 Cr
  • Market Cap:  16,952 Cr.
  • Dividend Yield: 0.74 %
  • ROCE: 35.42 %
  • ROE: 38.69 %
  • Promoter holding: 26.20 %
  • Debt to equity: 0.24
  • Price to book value: 11.61

Orient Electric Ltd 

Orient Electric Ltd is one of the leading electrical firms in India. They provide various services, including installation, upkeep, and repair. The electrical services offered by Orient Electric Ltd are of the highest calibre. They have been in operation for over 50 years, and their knowledgeable team is qualified to deal with any electrical fault. 

They provide exceptional customer service and are always ready to assist clients with queries or issues. They are constantly eager to assist their clients and provide good services at fair prices. Look no further than Orient Electric Ltd. if you're looking for a reliable electrical business in India. 

  • Revenue: Rs 2,062 Cr
  • Market Cap:  4,235 Cr.
  • Dividend Yield: 0.58 %
  • ROCE: 29.42 %
  • ROE: 23.66 %
  • Sales Growth (3Yrs): 113 %
  • Promoter holding: 38.52 %
  • Debt to equity: 0.43
  • Price to book value: 11.77

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Siemens Ltd 

Siemens Ltd is one of the most recognisable electrical firms in India. It has produced high-quality electrical goods and services for a very long time. Although Siemens Ltd.'s headquarters are in Germany, the company has activities across India. 

The Siemens AC Fan Coil is one of the brand's best-selling items. The use of this coil enhances the airflow of AC fans.

 Additionally, it is utilised to lower AC system noise levels. Power transformers and motors are among the various electrical items that Siemens produces.

Overall, Siemens Ltd. is one of India's top electrical businesses. It offers clients around the nation trustworthy services and high-quality items.

  • Total Sales: Rs 13,767 Cr
  • Market Cap:  43,488 Cr.
  • Dividend Yield: 0.57 %
  • ROCE: 18.68 %
  • ROE: 12.29 %
  • Sales Growth (3Yrs): 8.31 %
  • Promoter holding: 75.00 %
  • Debt to equity: 0.03
  • Price to book value: 4.52

Polycab India Ltd 

Polycab India Ltd. is one of the major electrical businesses in India. This firm, operating for over 50 years, is renowned for providing high-quality goods and services. Electrical equipment and services such as wiring, assembly, repair, and maintenance are all provided by Polycab India Ltd. 

Additionally, it offers energy-saving services, including lighting improvements and retrofits. 

In India, companies of all sizes depend on Polycab India Ltd for requirements of electrical solutions. 

  • Revenue: Rs 8,830 Cr
  • Market Cap:  13,267 Cr.
  • Dividend Yield: 0.79 %
  • ROCE: 29.34 %
  • ROE: 22.35 %
  • Sales Growth (3Yrs): 17.09 %
  • Promoter holding: 68.55 %
  • Debt to equity: 0.04
  • Price to book value: 3.46

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V-Guard Industries Ltd 

V-Guard Industries Ltd is one of India's leading electrical enterprises. Customers around the nation can choose from a variety of electrical goods and services offered by them. 

V-Guard Industries Ltd is known for providing its clients with high-quality goods and services. 

They have a group of skilled engineers who can offer their customers unique solutions. 

In the event of a power loss, they additionally provide emergency electrician services. 

High-quality goods and services are what customers come to expect from V-Guard Industries Ltd.

  • Total Sales: Rs 2,566 Cr
  • Market Cap:  7,186 Cr.
  • Dividend Yield: 0.54 %
  • ROCE: 26.12 %
  • ROE: 19.62 %
  • Sales Growth (3Yrs): 5.97 %
  • Face Value:  1.00
  • Promoter holding: 62.73 %
  • Debt to equity: 0.01
  • Price to book value: 7.23

Conclusion:

Top electrical brands in India is the most googled sentence in present time. Several electrical enterprises in India offer a wide variety of electrical goods. These electrical companies are among the largest in India and are listed on the NSE and BSE of the Indian Stock Exchange. They are not small businesses.

When it comes to the growth rate of electrical sector, it increases by 2.4% annually. Electrical sector growth was 18% in 2018, and if we project this statistic to 2040, it will increase to 24%. The article intends to cover top electrical brands in India that offer their customers the highest calibre of electrical services and goods. 
Follow Khatabook for the latest updates, news blogs, and articles related to micro, small and medium enterprises (MSMEs), business tips, income tax, GST, salary, and accounting.

FAQs

Q: Is HPL and Havells the same?

Ans:

The two businesses, Havel's Pvt Ltd and Havells Electronics Pvt Ltd, listed as promoters of HPL Electric & Power inside this firm's IPO prospectus, are not affiliated or tied with Havells, according to advertising from the company.

Q: Who is the largest manufacturer of power generation equipment in India?

Ans:

India's largest electricity generator, the state-owned National Thermal Power Corporation, or NTPC, produces around one-sixth of the country's power. NTPC's expansion significantly influences the success of the nation's power equipment producers.

Q: Which is India's largest private power company?

Ans:

Adani electricity is India’s largest private power company.

Q: What is the future of power companies in India?

Ans:

Between FY19 and FY23, it is anticipated that the Indian power industry would draw investments totalling $128.24–135.37 Bn. The industry has a promising future since, by 2026–2027, the nation's installed capacity for power generation will be close to 620 GW, with 44% of the capacity coming from renewable sources of energy and 38% from coal.v

Q: Which is the biggest electrical company in India?

Ans:

The largest company on the list of the top electrical Indian companies is BHEL.

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Disclaimer :
The information, product and services provided on this website are provided on an “as is” and “as available” basis without any warranty or representation, express or implied. Khatabook Blogs are meant purely for educational discussion of financial products and services. Khatabook does not make a guarantee that the service will meet your requirements, or that it will be uninterrupted, timely and secure, and that errors, if any, will be corrected. The material and information contained herein is for general information purposes only. Consult a professional before relying on the information to make any legal, financial or business decisions. Use this information strictly at your own risk. Khatabook will not be liable for any false, inaccurate or incomplete information present on the website. Although every effort is made to ensure that the information contained in this website is updated, relevant and accurate, Khatabook makes no guarantees about the completeness, reliability, accuracy, suitability or availability with respect to the website or the information, product, services or related graphics contained on the website for any purpose. Khatabook will not be liable for the website being temporarily unavailable, due to any technical issues or otherwise, beyond its control and for any loss or damage suffered as a result of the use of or access to, or inability to use or access to this website whatsoever.