Top 10 Electrical Companies in India
Many electrical enterprises in India have been in operation for a long time. They have a significant impact on India’s development scenario. The Indian electrical sector manufactures a wide range of electrical equipment and goods, including transformers, switch gears, home appliances, capacitors, and batteries. In India, these companies frequently create career opportunities for electrical engineers. Here, you can find information on India’s Top 10 Electrical Companies.
1. BHEL (Bharat Heavy Electricals Limited)
In 1964, Bharat Heavy Electricals Limited was founded. It is one of the world’s leading manufacturers of power equipment. The government of India owns the Corporation. In India’s Top electrical companies list, BHEL is the largest.
BHEL is India’s largest electrical company. Its 16 Manufacturing Plants, 2 Repair Units, 4 Regional Offices, 8 Service Centers, and 15 Regional Marketing Centers make up the company’s extensive network. BHEL has a presence in 83 countries across all of the world’s six continents.
Total Sales- Rs 30,368 Cr.
Market Cap- Rs 14,503 Cr.
Dividend Yield- 4.80 %.
ROE- -4.93 %.
Sales Growth (3Yrs)- -8.94 %.
Promoter holding- 63.17 %.
2. Havells
Havells India Limited is an FMCG company with a global presence, broad distribution network, and world-class quality. With ‘Havells Galaxy,’ the firm pioneered the concept of an exclusive brand showroom in the electrical industry. The company’s products are sold in 40 different countries. It has a nationwide network of 4000 specialists, over 7900 dealers, and 40 branches.
Total Sales- Rs 10,073 Cr.
Market Cap- Rs 38,544 Cr.
Dividend Yield- 0.65 %.
ROCE- 21.45 %.
ROE- 17.41 %.
Sales Growth (3Yrs)- 15.48 %.
Promoter holding- 59.50 %.
3. Siemens
Siemens India has been India’s preferred technology solutions provider for more than six decades, conceptualizing and implementing several flagship projects in Mobility, Energy Management, Healthcare, and Smart Financing. Siemens has 22 plants around the country and eight centers of expertise, 11 research and development centers, and a nationwide sales and service network.
Siemens India is a market leader in intelligent (smart), sustainable cities, smart grids, building technologies, mobility, and power distribution technology. Siemens is working with the Indian government’s Restructured Accelerated Power Development and Reforms Programme (R-APDRP) to install Smart Grid technologies in several cities.
Total Sales- Rs 13,767 Cr.
Market Cap- Rs 43,488 Cr.
Dividend Yield- 0.57 %.
ROCE- 18.68 %.
ROE- 12.29 %.
Sales Growth (3Yrs)- 8.31 %.
Promoter holding- 75.00 %.
4. ABB India Ltd
ABB India Ltd is a technology leader transforming industries through digital transformation. With a more than 130-year track record of innovation. In 2020, ABB’s Power Grids division will be sold to Hitachi. ABB employs around 147,000 people in over 100 countries. The company is ranked fourth among India’s Top Electrical Companies.
Total Sales- Rs 7,315 Cr.
Market Cap- Rs 20,886 Cr.
Dividend Yield- 0.49 %.
ROCE- 14.19 %.
ROE- 9.19 %.
Sales Growth (3Yrs)- -5.41 %.
Promoter holding- 75.00 %.
5. Crompton Greaves Consumer Electricals Limited
Crompton Greaves Consumer Electricals Limited is a renowned consumer electronics company in India, having a 75-year brand history. The company introduced ground-breaking goods, including India’s first anti-dust fan and anti-bacterial LED lamp. Crompton is one of the most well-known electrical brands. The company is ranked 5th among India’s Top Electrical Companies.
Total Sales- Rs 4,520 Cr.
Market Cap- Rs 16,952 Cr.
Dividend Yield- 0.74 %.
ROCE- 35.42 %.
ROE- 38.69 %.
Promoter holding- 26.20 %.
6. Bajaj Electricals Limited
The Bajaj Group includes Bajaj Electricals Limited (BEL). Consumer Products, Exports, and EPC are part of Bajaj Electricals’ operations. Bajaj Electricals has 20 branch offices around the country and a network of distributors, authorized dealers, retail shops, exclusive showrooms known as ‘Bajaj World,’ and over 500 customer service centers.
Market Cap- Rs 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 %.
7. Polycab Wires Private Limited
The company was incorporated as ‘Polycab Wires Private Limited’ in Mumbai in 1996 under the Companies Act, 1956, as a private limited company. Under the Companies Act, 1956, ‘Polycab Industries’ was transformed into a private limited company as ‘Polycab Industries Private Limited’ in 1998. Polycab Industries Private Limited was afterward merged into the Corporation in 2011.
Revenue: Rs 8,830 Cr.
Market Cap: Rs 13,267 Cr.
Dividend Yield: 0.79 %.
ROCE: 29.34 %.
ROE: 22.35 %.
Sales Growth (3Yrs): 17.09 %.
Promoter holding: 68.55 %.
8. V-Guard
V-Guard quickly established itself as a brand name for voltage stabilizers in South India. The brand quickly spread its wings and is now available across the country with a diverse selection of items. Voltage Stabilizers, Digital UPS, Inverter and Inverter Batteries, Electric Water Heaters, Solar Water Heaters, and Domestic Pumps have been added to the Electrical Company’s product line.
Total Sales- Rs 2,566 Cr.
Market Cap- Rs 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 %.
9. Finolex Cables Ltd
Finolex Cables Ltd is India’s largest and most well-known electrical and telecommunication cable manufacturer, with a turnover of more than 26 billion rupees (about $400 million). PVC insulated electrical cables for the vehicle industry were the company’s first products. Since then, the company has worked hard to expand its product line, including PVC Insulated Industrial Cables, FR-LSH PVC Insulated Industrial Cables, Fibre Optic Cables, Solar Cables, and more.
Total Sales- Rs 3,078 Cr.
Market Cap- Rs 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 %.
10. Orient Electric Limited
Orient Electric Limited (OEL) is a subsidiary of the CK Birla Group, a diversified Indian corporation. Orient Electric, a well-known name in the Indian fan sector for over 60 years, has now positioned itself as a one-stop shop for lifestyle electrical solutions such as fans, lighting, home appliances, and switchgear. It is India’s largest manufacturer and supplier of fans, having a stronghold in more than 40 worldwide markets. One of India’s best electrical brands.
Orient Electric is proud of its R&D capabilities, constant innovation attitude, and commitment to producing cutting-edge lifestyle electrical goods that match the demands and aspirations of new era consumers. Kolkata, Faridabad, Noida, and Guwahati are among the company’s fully integrated production sites.
Revenue- Rs 2,062 Cr.
Market Cap- Rs 4,235 Cr.
Dividend Yield- 0.58 %.
ROCE- 29.42 %.
ROE- 23.66 %.
Sales Growth (3Yrs)- 113 %.
Promoter holding- 38.52 %.