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Top Power Stocks in India

Leading electricity generation companies in India

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CompanyCMP
(Rs)
MCap
(Rs m)
P/E
(x)
RoE
(Latest, %)
D/E
(Curr FY, x)
Sales CAGR
(3 yrs, %)
Profit CAGR
(3 yrs, %)
NTPC366.13,549,94919.813.3%1.517.1%12.5%
POWER GRID315.12,930,15518.717.9%1.45.0%9.0%
ADANI GREEN ENERGY 1,411.82,236,258176.220.8%10.643.4%90.6%
ADANI POWER524.12,021,42215.948.3%0.824.3%154.1%
TATA POWER408.11,304,01839.513.2%1.523.4%42.3%
JSW ENERGY709.81,240,56663.08.3%1.518.4%28.0%
ADANI TRANSMISSION872.11,047,639331.89.5%2.918.7%NM
NHPC79.9802,69927.310.4%0.8NM3.8%
TORRENT POWER1,581.3759,99932.915.7%1.030.7%13.5%
ABB POWER PRODUCTS11,723.9496,879249.312.0%0.1NMNM
SJVN105.5414,39741.06.5%1.41.2%NM
KEI INDUSTRIES3,842.6346,94255.618.5%0.024.7%29.2%
NLC INDIA237.0328,63317.111.3%1.49.7%12.4%
CESC170.0225,34715.312.6%1.39.6%2.0%
ACME SOLAR HOLDINGS LTD.264.1159,773NM0.8%3.215.6%NM
INDIAN ENERGY EXCHANGE 162.8145,12338.136.7%0.012.2%19.5%
JAIPRAKASH POWER16.7114,3168.88.9%0.427.0%65.1%
RATTANINDIA ENTERPRISES63.587,73312.350.7%1.43,728.1%3,828.7%
POWERGRID INVIT86.778,933NM13.0%0.1NMNM
RATTANINDIA POWER13.069,7040.7203.9%0.829.2%NM
TD POWER440.168,73650.716.8%0.019.0%37.8%
PTC INDIA169.250,0859.99.4%0.8NM1.9%
ORIANA POWER2,297.546,682NM37.1%1.3131.7%276.3%
GUJARAT INDUSTRIES POWER187.828,39713.26.0%0.10.3%3.4%
ORIENT GREEN POWER17.820,90378.74.9%0.92.1%NM

* We show NM where the values are negative

Disclaimer: This is for information purposes only. These are not stock recommendations and should not be treated as such. Learn more about our recommendation services here... Also note that these screeners are based only on numbers. There is no screening for management quality.

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Which are the best power stocks in India right now?

As per Equitymaster's Screener, here is a list of the best power stocks in India right now...


These companies have been ranked as per their price to book (PB) value ratio. Generally, speaking, low PB stocks are considered to be undervalued stocks. And high PB stocks are said to be expensive.

Of course, there are other parameters you should take into account before forming a hard opinion on the stock valuation.

Where can I find a list of power stocks?

The details of listed power companies can be found on the NSE and BSE website.

For a curated list you can check out our list of power stocks.

When should you invest in power stocks?

The best time to buy stocks from the power sector is when companies that have strong fundamentals are trading at attractive valuations.

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