Top 10 Electric companies in India.

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Electric companies play a major role in a countries development in different ways. Such as providing electric equipment for power generation and its distribution, making electric equipment for household use which help in raising the standard of living of the citizens, etc..

List of top 10 Electric companies in India

1. Siemens India Ltd.

Promotor Group –Siemens International Holding B.V. and other related entities & Holding – 75%

Leadership.

  • Chairman – Deepak S Parekh
  • Managing Director & CEO- Sunil Mathur
  • Market Capitalization – 74770 crs
  • Revenue = 9946 crs.
  • 3 yrs CAGR Sales = -5.19%
  • 3 yrs CAGR Net profit = -17.72%

Financial ratio

  • P/E ratio= 75.65%
  • ROE = 8.09%  
  • ROCE = 10.66%
  • Debt to equity = 0

Siemens India was established in India in the year 1867 making it one of the oldest electric companies on this list. The first project of this company was of setting up the first telegraph line between London and Calcutta which was supervised by their founder itself, Werner von Siemens. 

This company has 22 factories, 8 competence centers, 11 R&D centers, nationwide distribution, and a service network. Siemens India is a leader in technology solutions for intelligent (smart), sustainable cities, smart grids, building technologies, mobility, and power distribution. Go to the Siemens Ltd website for more information.

2. Havells India Ltd.

Promotor Group –Anil Rai Gupta and entities related to him & Holding – 59.5%

Leadership.

  • Chairman & Managing Director – Anil Rai Gupta
  • Whole-time Director (Finance) and Group CFO – Rajesh Kumar Gupta

Market Capitalization – 63700 crs

  • Revenue =  10427 crs.
  • 3 yrs CAGR Sales =13.19%  
  • 3 yrs CAGR Net profit = 20.79%

Financial ratio

  • P/E ratio= 61%
  • ROE = 20.13%
  • ROCE = 24.80%
  • Debt to equity = 0.08

The company was founded in the year 1958, they were founded in the year 1958. Havells India Limited is a Fast Moving Electrical Goods (FMEG) Company. This company has a great presence in India via its innovative advertising and branding activity.

Havells operating in more than 50+ countries all around the world and have a strong distribution channel.  The company operators in Switchgears, Lighting and fixtures, Cables, and Electrical Consumer Durables. Go to the Havells India Ltd. website for more information.

3. ABB India Ltd.

Promotor Group -Abb Asea Brown Boveri Limited & Holding – 75%

Leadership.

  • Chairman – Morten Wierod
  • Managing Director – Sanjeev Sharma
  • Market Capitalization – 34934 crs
  • Revenue = 5820  crs.
  • 3 yrs CAGR Sales = -2.26%
  • 3 yrs CAGR Net profit = 1.09%

Financial ratio

  • P/E ratio= 118%
  • ROE = 6.07%  
  • ROCE = 7.17%
  • Debt to equity = 0

ABB group was founded in the year 1988, which based in Zurich, Switzerland. This companies history dates back more than 130 years. ABB Group operates in more than 100 countries all around the world. 

The company operators in various business segments ranging from power products, power systems, automation products, etc. Go to the ABB group website for more information.

4. Bharat Electronics Ltd.

Promotor Group – President of India & Holding – 51.14%

Leadership.

  • Chairman & Managing Director – M V Gowtama
  • Market Capitalization – 74770 crs
  • Revenue = 9946 crs.
  • 3 yrs CAGR Sales = -5.19%
  • 3 yrs CAGR Net profit = -17.72%

Financial ratio

  • P/E ratio= 78%
  • ROE = 8.09%  
  • ROCE = 10.66%
  • Debt to equity = 0

Bharat electronics also called BEL is a government-owned entity founded in the year 1954 in Bengaluru, Karnataka, India. 

BEL has a monopoly in the aerospace and defense sector in the country.  They have 9 factories and several regional offices across India. 

This company comes under the Navratna status given by the Government of India. BEL is one of the nine PSUs that come under the Ministry of Defence of India.

For more information about the company go to Bharat Electronics Ltd Wikipedia page. 

5. Crompton Greaves Consumer Electricals Ltd.

Promotor Group –Macritchie Investments Pte Ltd and Amalfiaco Limited & Holding – 11.4% (47.25% pledged shares)

Leadership.

  • Chairman & Independent Director – H M Nerurkar
  • Managing Director – Shantanu Khosla
  • Market Capitalization – 27000 crs
  • Revenue = 9946 crs.
  • 3 yrs CAGR Sales = 8.51%
  • 3 yrs CAGR Net profit = 38%

Financial ratio

  • P/E ratio= 43.80%
  • ROE = 31.92%  
  • ROCE = 34.04%
  • Debt to equity = 0.15

Crompton Greaves Consumer Electricals Ltd is one of the oldest electric companies in India with a presence of more than 75+ years. They sell their products under the name ‘Crompton’. 

This company work in two segments namely Lighting and Electrical Consumer Durables.

Crompton Greaves is professionally managed but still is going through problems. A fact, I have Crompton products in working which were installed before my birth 20 years back. Go to the Crompton Greaves Consumer Electricals Ltd website for more information.

Top 10 Electric companies in India
Top 10 Electric companies in India

6. Bharat Heavy Electricals Ltd.

Promotor Group –President Of India & Holding – 63.2% 

Leadership.

  • Chairman & Managing Director – Nalin Shinghal
  • Market Capitalization – 26500 crs
  • Revenue = 17657 crs.
  • 3 yrs CAGR Sales = -22.66%
  • 3 yrs CAGR Net profit = 81.93%

Financial ratio

  • P/E ratio= –
  • ROE = -10.38%  
  • ROCE = -9.36%
  • Debt to equity = 0.19

Bharat Heavy Electricals Ltd also called BHEL was founded in the year 1956. The main goal of this company was to build heavy electronic equipment, especially for the power generation sector. 

The total manpower of BHEL is 34000 employees which includes 9000 engineers. This company has 16  manufacturing facilities across the country along with four overseas offices, four regional offices, eight service centers, and 15 regional marketing centers to deliver value to its customers.

Bharat Heavy Electricals Ltd also spends 2.5% of its overall turnover on R&D.  BHEL has established over 75 technology collaborations with several global players over the years and these partnerships have helped both parties by sharing technologies, know-how, and resources. Go to the Bharat Heavy Electricals Ltd website for more information.

Also read : Top 10 Electric companies in India.

7. Polycab India Ltd.

Promotor Group – Jaisinghani  Family & Holding – 68.44% 

Leadership.

  • Chairman & Managing Director –Inder T Jaisinghani
  • Market Capitalization – 27000 crs
  • Revenue = 9054 crs.
  • 3 yrs CAGR Sales = 14.83%
  • 3 yrs CAGR Net profit = 57.23%

Financial ratio

  • P/E ratio= 30.85%
  • ROE =18.63%  
  • ROCE = 22.17%
  • Debt to equity = 0.04

Polycab India was establiesd in the year 1964 by ‘Late Thakurdas Jaisinghani’ with the name ‘Sind Electric Stores’. Which was over the year managed by many generation of Jaisingham family transformed into a magmount over the years.

Polycab is engaged in the business of manufacturing and selling wires and cables and fast-moving electrical goods ‘FMEG’ under the ‘POLYCAB’ brand. Apart from wires and cables, we manufacture and sell FMEG products such as electric fans, LED lighting and luminaires, switches and switchgear, solar products, and conduits & accessories.

Go to the Polycab India Ltd website for more information.

8. Exide Industries Ltd.

Promotor Group –Chloride Eastern Ltd. & Holding – 46%

Leadership.

  • Chairman & Independent Director – Bharat D Shah
  • Vice-Chairman & Non-Executive Director– R B Raheja
  • Managing Director & CEO – Gautam Chatterjee
  • Deputy Managing Director – Subir Chakraborty
  • Market Capitalization – 16250 crs
  • Revenue = 15367  crs.
  • 3 yrs CAGR Sales = 9.28%
  • 3 yrs CAGR Net profit = 7.61%

Financial ratio

  • P/E ratio= 20.06%
  • ROE = 11.13%  
  • ROCE = 5.09%
  • Debt to equity = 0.02

Exide Industries Ltd foundation dates back more than six decades. This company is the market leader in the storage batteries sector. Exide has nine factories strategically located all over India.

The company`s product range includes Automotive Batteries-In India the company markets the products under Exide, SF, Sonic and Standard Furukawa brands and supplies to all car and two-wheeler manufacturers.

Exide is also engage in making high end submarine batteries for India’s defence requirement.  Go to the Exide Industries Ltd. website for more information.

9. Bajaj Electricals Ltd.

Promotor Group – Shekar Bajaj family and other related entities & Holding – 63.16%

Leadership.

  • Chairman & Managing Director – Shekhar Bajaj
  • Executive Director– Anuj Poddar
  • Market Capitalization – 12000 crs
  • Revenue = 4653 crs.
  • 3 yrs CAGR Sales = -1.31%
  • 3 yrs CAGR Net profit = 41.63%

Financial ratio

  • P/E ratio= 63.25%
  • ROE = 12.07%  
  • ROCE = 17.21%
  • Debt to equity = 0.17

Bajaj Electricals Ltd comes from one of the oldest buiness family in India, the Bajaj Group. This company has 20 branch offices and approximately 500 customer care centres all around the country. 

Bajaj Electricals is engaged in the production of  in the manufacture of appliances like water heaters, mixers, micro ovens, room air coolers, etc. The company also engagged in the business of Lighting, Consumer Durables, Engineering & Projects.Go to the Bajaj Electricals Ltd. website for more information.

10. V-Guard Industries Ltd.

Promotor Group – Chittilappilly family and other related entities & Holding – 57.22%

Leadership.

  • Chairman Emeritus – Kochouseph Chittilappilly
  • Chairman – Cherian N Punnoose
  • Managing Director – Mithun K Chittilappilly
  • Director & COO – V Ramachandran
  • Market Capitalization – 11650 crs
  • Revenue = 2741 crs.
  • 3 yrs CAGR Sales = 8.08%
  • 3 yrs CAGR Net profit = 22.27%

Financial ratio

  • P/E ratio= 58%
  • ROE = 16.57%  
  • ROCE = 22.94%
  • Debt to equity = 0.01

What does the company do?

This company was founded in the year 1977 by  Mr. Kochouseph Chittilappilly. V-Guard Industries is one of the most famous brands in this sector, especially in the voltage stabilizers category.

V-guard industries also produce and sell Solar Water Heaters, Domestic Pumps, Agricultural Pumps, Industrial Motors, Domestic Switch Gears, Distribution Boards, etc. They are present all over the country and have a significant presence in the south. For more information about the company go to V-Guard Industries Ltd. about us page.

Disclaimer

I (financialwizardindia.com) am not a SEBI registered investment advisor. This article is for information purposes any scheme or company name mentioned here is just for example & not a recommendation.

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