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Top Power Stocks in India

Last Updated on 05 Jun 2026 (Close)

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, %)
ADANI POWER232.64,484,65634.620.0%0.811.8%6.5%
NTPC361.73,506,79912.913.0%1.312.4%12.2%
POWER GRID285.42,653,92714.116.8%1.43.2%NM
ADANI GREEN ENERGY 1,525.12,512,108160.010.3%5.218.5%26.9%
ADANI TRANSMISSION1,579.51,897,36681.09.4%2.027.6%23.2%
ABB POWER PRODUCTS36,854.41,642,688166.39.1%0.09.3%23.6%
TATA POWER409.11,307,05429.613.3%1.615.2%22.1%
JSW ENERGY583.71,070,20437.37.3%1.812.9%4.4%
NTPC GREEN ENERGY LTD.100.9849,795169.52.6%1.0NMNM
SUZLON ENERGY55.4760,53124.034.6%0.018.3%NM
NHPC75.0752,87523.38.6%1.04.3%NM
TORRENT POWER1,459.5735,42229.817.4%0.526.9%88.2%
KEI INDUSTRIES5,336.1510,13455.512.1%0.019.4%22.8%
NLC INDIA336.5466,60312.414.5%1.28.6%34.5%
SJVN73.7289,46941.45.8%1.98.3%NM
ACME SOLAR HOLDINGS LTD.356.3251,56643.45.6%2.3NM59.3%
CESC178.8236,94614.711.9%1.510.7%0.6%
TD POWER1,312.7205,07385.920.3%0.017.1%35.3%
CLEAN MAX ENVIRO ENERGY SOLUTIONS LTD.1,219.4142,792NM0.5%3.2NMNM
JAIPRAKASH POWER19.0130,42128.96.6%0.35.7%96.3%
RELIANCE POWER28.6118,200NM18.8%1.00.4%NM
INDIAN ENERGY EXCHANGE 122.4109,14323.138.4%0.07.6%11.6%
POWERGRID INVIT93.284,839NM15.2%0.11.3%36.3%
PTC INDIA184.354,5547.614.7%0.5NM15.7%
RATTANINDIA ENTERPRISES39.154,047NM8.8%1.0688.8%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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FAQs

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.