Best Electrical Equipment Stocks in India — 2026 Rankings
67 companies AI-ranked by earnings call analysis. 15 with strong growth signals this quarter.
Total Companies
67
Rank 1 (40%+ growth)
15
Rank 2 (20-40% growth)
29
Active Capex
64
Sector Leaderboard
#1 1stMTAR Technologies Ltd
Revenue: Rank 1Margin: Rank 1
Market Cap: 19.9K Cr
Capex ActiveFundraisingOrderbook
#3 3rdForgent Power Solutions, Inc.
Revenue: Rank 1Margin: Rank 1
Market Cap: 14.5K Cr
Capex ActiveOrderbook
| # | Company | Market Cap | Revenue | Margin | Capex | Fundraise |
|---|---|---|---|---|---|---|
| 1 | MTAR Technologies Ltd | 19.9K Cr | Rank 1 | Rank 1 | Yes | Yes |
| 2 | Vertiv Holdings Co | 1.2L Cr | Rank 1 | Rank 1 | Yes | — |
| 3 | Forgent Power Solutions, Inc. | 14.5K Cr | Rank 1 | Rank 1 | Yes | — |
| #4 | Advait Energy Transitions Limited | 2.1K Cr | Rank 1 | Rank 2 | Yes | Yes |
| #5 | Ganesh Green Bharat Ltd | 861 Cr | Rank 1 | Rank 2 | Yes | Yes |
| #6 | GP Eco Solutions India Ltd | 429 Cr | Rank 1 | Rank 1 | Yes | — |
| #7 | GE Vernova Inc. | 2.7L Cr | Rank 2 | Rank 1 | Yes | — |
| #8 | Vicor Corporation | 15.6K Cr | Rank 2 | Rank 1 | Yes | — |
| #9 | Atlanta Electricals Ltd | 13.3K Cr | Rank 1 | Rank 3 | Yes | Yes |
| #10 | Vikram Solar Ltd | 7.9K Cr | Rank 1 | Rank 3 | Yes | Yes |
| #11 | Websol Energy System Ltd | 4.5K Cr | Rank 1 | Rank 3 | Yes | Yes |
| #12 | KP Green Engineering Ltd | 2.1K Cr | Rank 1 | Rank 3 | Yes | Yes |
| #13 | Yash Highvoltage Ltd | 2.0K Cr | Rank 1 | Rank 3 | Yes | Yes |
| #14 | Parth Electricals & Engineering Ltd | 527 Cr | Rank 2 | Rank 1 | Yes | — |
| #15 | Smarten Power Systems Ltd | 94 Cr | Rank 2 | Rank 1 | Yes | — |
| #16 | CG Power & Industrial Solutions Ltd | 1.3L Cr | Rank 2 | Rank 2 | Yes | — |
| #17 | Premier Energies Ltd | 44.6K Cr | Rank 2 | Rank 3 | Yes | Yes |
| #18 | Emmvee Photovoltaic Power Ltd | 18.2K Cr | Rank 2 | Rank 3 | Yes | Yes |
| #19 | Azad Engineering Ltd | 14.0K Cr | Rank 2 | Rank 3 | Yes | Yes |
| #20 | Fujiyama Power Systems Ltd | 9.1K Cr | Rank 1 | Rank 2 | Yes | — |
| #21 | Quality Power Electrical Equipments Ltd | 8.5K Cr | Rank 2 | Rank 3 | Yes | Yes |
| #22 | Saatvik Green Energy Ltd | 5.8K Cr | Rank 2 | Rank 3 | Yes | Yes |
| #23 | GE Power India Ltd | 4.7K Cr | Rank 2 | Rank 1 | — | — |
| #24 | Oriana Power Ltd | 3.7K Cr | Rank 1 | Rank 3 | Yes | — |
| #25 | Alpex Solar Ltd | 2.7K Cr | Rank 1 | Rank 3 | Yes | — |
| #26 | Indo SMC Ltd | 539 Cr | Rank 2 | Rank 3 | Yes | Yes |
| #27 | Sugs Lloyd Ltd | 332 Cr | Rank 1 | Rank 3 | Yes | — |
| #28 | Power & Instrumentation (Gujarat) Ltd | 236 Cr | Rank 2 | Rank 3 | Yes | Yes |
| #29 | Eppeltone Engineers Ltd | 151 Cr | Rank 2 | Rank 3 | Yes | Yes |
| #30 | Hitachi Energy India Ltd | 1.5L Cr | Rank 2 | Rank 3 | Yes | — |
| #31 | GE Vernova T&D India Ltd | 1.1L Cr | Rank 2 | Rank 3 | Yes | — |
| #32 | Suzlon Energy Ltd | 73.3K Cr | Rank 2 | Rank 3 | Yes | — |
| #33 | AMETEK, Inc. | 51.7K Cr | Rank 3 | Rank 2 | Yes | — |
| #34 | Apar Industries Ltd | 49.5K Cr | Rank 2 | Rank 3 | Yes | — |
| #35 | nVent Electric plc | 26.7K Cr | Rank 2 | Rank 3 | Yes | — |
| #36 | TD Power Systems Ltd | 20.5K Cr | Rank 2 | Rank 3 | Yes | — |
| #37 | Elecon Engineering Company Ltd | 11.4K Cr | Rank 3 | Rank 3 | Yes | Yes |
| #38 | Powell Industries, Inc. | 10.5K Cr | Rank 3 | Rank 2 | Yes | — |
| #39 | Avalon Technologies Ltd | 8.8K Cr | Rank 2 | Rank 3 | Yes | — |
| #40 | Transrail Lighting Ltd | 6.9K Cr | Rank 2 | Rank 3 | Yes | — |
| #41 | Rishabh Instruments Ltd | 1.8K Cr | Rank 2 | Rank 3 | Yes | — |
| #42 | Solex Energy Ltd | 1.4K Cr | Rank 2 | Rank 3 | Yes | Yes |
| #43 | RIR Power Electronics Ltd | 1.4K Cr | Rank 2 | Rank 3 | Yes | Yes |
| #44 | Permanent Magnets Ltd | 776 Cr | Rank 2 | Rank 3 | Yes | Yes |
| #45 | Sahaj Solar Ltd | 342 Cr | Rank 2 | Rank 3 | — | Yes |
| #46 | Trom Industries Ltd | 51 Cr | Rank 2 | Rank 3 | Yes | Yes |
| #47 | Eaton Corporation plc | 1.6L Cr | Rank 3 | Rank 3 | Yes | — |
| #48 | Siemens Ltd | 1.3L Cr | Rank 3 | Rank 3 | Yes | — |
| #49 | Thermax Ltd | 48.6K Cr | Rank 3 | Rank 3 | Yes | — |
| #50 | Hubbell Incorporated | 25.0K Cr | Rank 3 | Rank 3 | Yes | — |
| #51 | Nextpower Inc. | 20.6K Cr | Rank 3 | Rank 3 | Yes | — |
| #52 | Triveni Turbine Ltd | 19.3K Cr | Rank 3 | Rank 3 | Yes | — |
| #53 | Generac Holdings Inc. | 16.5K Cr | Rank 3 | Rank 3 | Yes | — |
| #54 | Regal Rexnord Corporation | 13.5K Cr | Rank 3 | Rank 3 | Yes | — |
| #55 | Genus Power Infrastructures Ltd | 9.6K Cr | Rank 2 | Rank 4 | Yes | Yes |
| #56 | Powerica Ltd | 7.0K Cr | Rank 3 | Rank 3 | Yes | — |
| #57 | Skipper Ltd | 5.2K Cr | Rank 3 | Rank 2 | Yes | — |
| #58 | Servotech Renewable Power System Ltd | 2.1K Cr | Rank 3 | Rank 3 | Yes | Yes |
| #59 | Danish Power Ltd | 1.6K Cr | Rank 3 | Rank 3 | Yes | — |
| #60 | Supreme Power Equipment Ltd | 578 Cr | Rank 3 | Rank 3 | Yes | — |
| #61 | Saakshi Medtech & Panels Ltd | 475 Cr | Rank 3 | Rank 3 | Yes | — |
| #62 | Emerson Electric Co. | 79.4K Cr | Rank 4 | Rank 3 | Yes | — |
| #63 | Rockwell Automation, Inc. | 50.6K Cr | Rank 3 | Rank 4 | Yes | — |
| #64 | Waaree Renewable Technologies Ltd | 10.6K Cr | Rank 3 | Rank 3 | Yes | — |
| #65 | ABB India Ltd | 1.4L Cr | No information | Rank 3 | — | — |
| #66 | Schneider Electric Infrastructure Ltd | 29.7K Cr | Rank 4 | Rank 4 | Yes | — |
| #67 | Shilchar Technologies Ltd | 4.6K Cr | Rank 4 | Rank 3 | Yes | — |
Frequently Asked Questions
Which are the best Electrical Equipment stocks in India?
Based on AI analysis of the latest earnings calls, the top Electrical Equipment stocks include MTAR Technologies Ltd, Vertiv Holdings Co, Forgent Power Solutions, Inc., Advait Energy Transitions Limited, Ganesh Green Bharat Ltd. These companies are ranked by revenue growth, margin strength, and capex activity.
How is the Electrical Equipment sector performing in 2026?
The Electrical Equipment sector currently has 67 tracked companies. 15 companies show strong revenue growth above 40%, and 64 companies have active capital expenditure programs, indicating expansion and investment in the sector.
How many Electrical Equipment companies have high growth in 2026?
Out of 67 Electrical Equipment companies tracked, 15 are classified as Rank 1 with over 40% revenue growth, and 29 are Rank 2 with 20-40% growth, based on AI-powered earnings call analysis.