Top Electric Vehicles (EVs) companies in India by Operating Income Margin

This ranking features the top 46 Electric Vehicles (EVs) companies in India ranked by Operating Income Margin, averaging a Operating Income Margin of 14.29%, for January 15, 2025.

India

Electric Vehicles (EVs)

#	Name	Operating Income Margin	Reported Date	Stock Price	Change	Country
1	Mufin Green Finance Limited 1 MUFIN.NS	65.58%	March 31, 2024	USD 1.16	3.23%	India
2	Hindustan Motors Limited 2 HINDMOTORS.NS	53.27%	March 31, 2024	USD 0.30	5.42%	India
3	Tata Elxsi Limited 3 TATAELXSI.NS	34.89%	March 31, 2024	USD 70.30	2.56%	India
4	ABB India Limited 4 ABB.NS	29.47%	Dec. 31, 2023	USD 71.02	0.76%	India
5	Ashok Leyland Limited 5 ASHOKLEY.NS	26.91%	March 31, 2024	USD 2.43	3.91%	India
6	Cummins India Limited 6 CUMMINSIND.NS	26.37%	March 31, 2024	USD 33.98	2.50%	India
7	Amara Raja Energy & Mobility Limited 7 ARE&M.NS	25.54%	March 31, 2024	USD 12.20	2.08%	India
8	Electrotherm (India) Limited 8 ELECTHERM.NS	25.43%	March 31, 2024	USD 12.81	-2.49%	India
9	TVS Motor Company Limited 9 TVSMOTOR.NS	25.36%	March 31, 2024	USD 25.82	2.83%	India
10	Bajaj Auto Limited 10 BAJAJ-AUTO.NS	24.78%	March 31, 2024	USD 99.49	0.32%	India
11	Honda India Power Products Limited 11 HONDAPOWER.NS	24.42%	March 31, 2024	USD 29.97	2.35%	India
12	Maruti Suzuki India Limited 12 MARUTI.NS	23.21%	March 31, 2024	USD 135.66	2.27%	India
13	Olectra Greentech Limited 13 OLECTRA.NS	21.90%	March 31, 2024	USD 16.59	14.44%	India
14	Bosch Limited 14 BOSCHLTD.NS	21.86%	March 31, 2024	USD 365.36	2.22%	India
15	Hero MotoCorp Limited 15 HEROMOTOCO.NS	20.81%	March 31, 2024	USD 47.40	1.61%	India
16	UNO Minda Limited 16 UNOMINDA.NS	19.56%	March 31, 2024	USD 12.14	1.54%	India
17	Suprajit Engineering Limited 17 SUPRAJIT.NS	18.01%	March 31, 2024	USD 4.76	1.56%	India
18	Bajaj Electricals Limited 18 BAJAJELEC.NS	17.47%	March 31, 2024	USD 8.67	2.52%	India
19	KPIT Technologies Limited 19 KPITTECH.NS	16.51%	March 31, 2024	USD 15.30	1.20%	India
20	Motherson Sumi Wiring India Limited 20 MSUMI.NS	16.48%	March 31, 2024	USD 0.64	0.38%	India
21	Bharat Bijlee Limited 21 BBL.NS	16.48%	March 31, 2024	USD 39.39	6.34%	India
22	Force Motors Limited 22 FORCEMOT.NS	15.77%	March 31, 2024	USD 75.33	2.46%	India
23	India Nippon Electricals Limited 23 INDNIPPON.NS	14.63%	March 31, 2024	USD 7.52	5.76%	India
24	Uniparts India Limited 24 UNIPARTS.NS	14.57%	March 31, 2024	USD 4.48	0.67%	India
25	Divgi TorqTransfer Systems Limited 25 DIVGIITTS.BO	13.86%	March 31, 2024	USD 6.97	2.42%	India
26	Butterfly Gandhimathi Appliances Limited 26 BUTTERFLY.NS	13.55%	March 31, 2024	USD 8.47	2.76%	India
27	Amber Enterprises India Limited 27 AMBER.NS	13.15%	March 31, 2024	USD 79.70	-2.41%	India
28	Siemens Limited 28 SIEMENS.NS	12.62%	Sept. 30, 2024	USD 67.75	1.19%	India
29	W.S. Industries (India) Limited 29 WSI.NS	12.40%	March 31, 2024	USD 1.24	2.54%	India
30	EPACK Durable Limited 30 EPACK.NS	12.33%	March 31, 2024	USD 6.00	-3.77%	India
31	ZF Commercial Vehicle Control Systems India Limited 31 ZFCVINDIA.NS	12.07%	March 31, 2024	USD 130.80	1.86%	India
32	Atul Auto Limited 32 ATULAUTO.NS	12.06%	March 31, 2024	USD 5.98	4.15%	India
33	Servotech Power Systems Limited 33 SERVOTECH.NS	11.59%	March 31, 2024	USD 1.67	1.43%	India
34	Exicom Tele-Systems Limited 34 EXICOM.NS	10.08%	March 31, 2024	USD 2.77	-1.19%	India
35	Pricol Limited 35 PRICOLLTD.NS	8.94%	March 31, 2024	USD 6.26	2.43%	India
36	Ponni Sugars (Erode) Limited 36 PONNIERODE.NS	8.15%	March 31, 2024	USD 4.39	4.25%	India
37	Tata Motors Limited 37 TATAMOTORS.NS	8.12%	March 31, 2024	USD 8.90	2.75%	India
38	Havells India Limited 38 HAVELLS.NS	8.10%	March 31, 2024	USD 17.62	-0.31%	India
39	Popular Vehicles and Services Limited 39 PVSL.NS	7.62%	March 31, 2024	USD 1.73	2.58%	India
40	Exide Industries Limited 40 EXIDEIND.NS	7.49%	March 31, 2024	USD 4.42	2.74%	India
41	Hind Rectifiers Limited 41 HIRECT.NS	7.12%	March 31, 2024	USD 13.59	-0.75%	India
42	Varroc Engineering Limited 42 VARROC.NS	5.74%	March 31, 2024	USD 6.66	-1.00%	India
43	Kirloskar Electric Company Limited 43 KECL.NS	5.69%	March 31, 2024	USD 1.96	2.23%	India
44	Subros Limited 44 SUBROS.NS	4.50%	March 31, 2024	USD 7.21	0.31%	India
45	Igarashi Motors India Limited 45 IGARASHI.NS	3.77%	March 31, 2024	USD 7.71	5.46%	India
46	Websol Energy System Limited 46 WEBELSOLAR.NS	-141.04%	March 31, 2024	USD 18.34	-3.90%	India

Frequently Asked Questions

Which Electric Vehicles (EVs) company in India has the highest Operating Income Margin ?

The Electric Vehicles (EVs) company in India with the highest Operating Income Margin is Mufin Green Finance Limited (NSE: MUFIN.NS) at 65.58%.
Which Electric Vehicles (EVs) company in India has the lowest Operating Income Margin ?

The Electric Vehicles (EVs) company in India with the lowest Operating Income Margin is Websol Energy System Limited (NSE: WEBELSOLAR.NS) at -141.04%.

What are the top 10 Electric Vehicles (EVs) companies in India by Operating Income Margin ?

The top 10 Electric Vehicles (EVs) companies in India by Operating Income Margin are Mufin Green Finance Limited, Hindustan Motors Limited, Tata Elxsi Limited, ABB India Limited, Ashok Leyland Limited, Cummins India Limited, Amara Raja Energy & Mobility Limited, Electrotherm (India) Limited, TVS Motor Company Limited and Bajaj Auto Limited.
What are the bottom 10 Electric Vehicles (EVs) companies in India by Operating Income Margin ?

The bottom 10 Electric Vehicles (EVs) companies in India by Operating Income Margin are Websol Energy System Limited, Igarashi Motors India Limited, Subros Limited, Kirloskar Electric Company Limited, Varroc Engineering Limited, Hind Rectifiers Limited, Exide Industries Limited, Popular Vehicles and Services Limited, Havells India Limited and Tata Motors Limited.