Top Hardware & Electronics companies in India by Debt to Equity Ratio

This ranking features the top 45 Hardware & Electronics companies in India ranked by Debt to Equity Ratio, averaging a Debt to Equity Ratio of 0.38, for January 15, 2025.

India

Hardware & Electronics

#	Name	Debt to Equity Ratio	Reported Date	Stock Price	Change	Country
1	Aplab Limited 1 APLAB.BO	2.56	March 31, 2024	USD 0.92	1.70%	India
2	MRO-TEK Realty Limited 2 MRO-TEK.NS	1.69	March 31, 2024	USD 0.89	0.38%	India
3	Kirloskar Electric Company Limited 3 KECL.NS	1.54	March 31, 2024	USD 1.96	2.23%	India
4	Electronics Mart India Limited 4 EMIL.NS	1.15	March 31, 2024	USD 1.74	0.87%	India
5	Centum Electronics Limited 5 CENTUM.NS	1.10	March 31, 2024	USD 21.62	5.05%	India
6	ITI Limited 6 ITI.NS	1.01	March 31, 2024	USD 4.69	-3.36%	India
7	MIRC Electronics Limited 7 MIRCELECTR.NS	0.81	March 31, 2024	USD 0.25	7.76%	India
8	HPL Electric & Power Limited 8 HPL.NS	0.76	March 31, 2024	USD 5.91	4.26%	India
9	DC Infotech and Communication Limited 9 DCI.NS	0.74	March 31, 2024	USD 3.94	0.89%	India
10	Geekay Wires Limited 10 GEEKAYWIRE.NS	0.67	March 31, 2024	USD 1.05	1.91%	India
11	Universal Cables Limited 11 UNIVCABLES.NS	0.43	March 31, 2024	USD 8.41	0.38%	India
12	TVS Electronics Limited 12 TVSELECT.NS	0.41	March 31, 2024	USD 4.23	2.69%	India
13	Redington Limited 13 REDINGTON.NS	0.39	March 31, 2024	USD 2.33	-1.31%	India
14	Syrma SGS Technology Limited 14 SYRMA.NS	0.39	March 31, 2024	USD 6.26	2.54%	India
15	Marine Electricals (India) Limited 15 MARINE.NS	0.39	March 31, 2024	USD 2.70	5.15%	India
16	Apollo Micro Systems Limited 16 APOLLO.NS	0.39	March 31, 2024	USD 1.49	6.58%	India
17	Avalon Technologies Limited 17 AVALON.NS	0.38	March 31, 2024	USD 9.68	-0.85%	India
18	Plaza Wires Limited 18 PLAZACABLE.NS	0.35	March 31, 2024	USD 0.82	1.61%	India
19	Creative Newtech Limited 19 CREATIVE.NS	0.34	March 31, 2024	USD 9.97	-0.03%	India
20	Dixon Technologies (India) Limited 20 DIXON.NS	0.29	March 31, 2024	USD 188.04	2.93%	India
21	DCX Systems Limited 21 DCXINDIA.NS	0.26	March 31, 2024	USD 4.08	3.31%	India
22	Astra Microwave Products Limited 22 ASTRAMICRO.NS	0.25	March 31, 2024	USD 8.69	3.21%	India
23	V-Guard Industries Limited 23 VGUARD.NS	0.22	March 31, 2024	USD 4.53	-1.87%	India
24	Cyient DLM Limited 24 CYIENTDLM.NS	0.21	March 31, 2024	USD 6.77	-0.86%	India
25	R R Kabel Limited 25 RRKABEL.NS	0.20	March 31, 2024	USD 15.24	0.94%	India
26	Cerebra Integrated Technologies Limited 26 CEREBRAINT.NS	0.18	March 31, 2024	USD 0.12	1.86%	India
27	Motherson Sumi Wiring India Limited 27 MSUMI.NS	0.15	March 31, 2024	USD 0.64	0.38%	India
28	Bajaj Electricals Limited 28 BAJAJELEC.NS	0.15	March 31, 2024	USD 8.67	2.52%	India
29	Kaynes Technology India Limited 29 KAYNES.NS	0.13	March 31, 2024	USD 71.60	0.98%	India
30	IKIO Lighting Limited 30 IKIO.NS	0.13	March 31, 2024	USD 2.56	1.27%	India
31	BPL Limited 31 BPL.NS	0.12	March 31, 2024	USD 1.13	5.44%	India
32	Rishabh Instruments Limited 32 RISHABH.NS	0.10	March 31, 2024	USD 3.56	-0.05%	India
33	MIC Electronics Limited 33 MICEL.NS	0.10	March 31, 2024	USD 0.92	3.60%	India
34	Veto Switchgears and Cables Limited 34 VETO.NS	0.09	March 31, 2024	USD 1.44	1.98%	India
35	Johnson Controls-Hitachi Air Conditioning India Limited 35 JCHAC.NS	0.08	March 31, 2024	USD 20.21	2.08%	India
36	Havells India Limited 36 HAVELLS.NS	0.04	March 31, 2024	USD 17.62	-0.31%	India
37	Elin Electronics Limited 37 ELIN.NS	0.02	March 31, 2024	USD 1.99	2.62%	India
38	Honeywell Automation India Limited 38 HONAUT.NS	0.02	March 31, 2024	USD 468.92	1.30%	India
39	Butterfly Gandhimathi Appliances Limited 39 BUTTERFLY.NS	0.01	March 31, 2024	USD 8.47	2.76%	India
40	Sasken Technologies Limited 40 SASKEN.NS	0.01	March 31, 2024	USD 24.04	2.56%	India
41	Finolex Cables Limited 41 FINCABLES.NS	0.00	March 31, 2024	USD 11.70	2.36%	India
42	Bharat Electronics Limited 42 BEL.NS	0.00	March 31, 2024	USD 3.12	4.12%	India
43	Nitiraj Engineers Limited 43 NITIRAJ.NS	0.00	March 31, 2024	USD 2.52	5.51%	India
44	Data Patterns (India) Limited 44 DATAPATTNS.NS	0.00	March 31, 2024	USD 24.83	3.03%	India
45	HCL Infosystems Limited 45 HCL-INSYS.NS	-1.32	March 31, 2024	USD 0.17	4.09%	India

Frequently Asked Questions

Which Hardware & Electronics company in India has the highest Debt to Equity Ratio ?

The Hardware & Electronics company in India with the highest Debt to Equity Ratio is Aplab Limited (BSE: APLAB.BO) at 2.56.
Which Hardware & Electronics company in India has the lowest Debt to Equity Ratio ?

The Hardware & Electronics company in India with the lowest Debt to Equity Ratio is HCL Infosystems Limited (NSE: HCL-INSYS.NS) at -1.32.

What are the top 10 Hardware & Electronics companies in India by Debt to Equity Ratio ?

The top 10 Hardware & Electronics companies in India by Debt to Equity Ratio are Aplab Limited, MRO-TEK Realty Limited, Kirloskar Electric Company Limited, Electronics Mart India Limited, Centum Electronics Limited, ITI Limited, MIRC Electronics Limited, HPL Electric & Power Limited, DC Infotech and Communication Limited and Geekay Wires Limited.
What are the bottom 10 Hardware & Electronics companies in India by Debt to Equity Ratio ?

The bottom 10 Hardware & Electronics companies in India by Debt to Equity Ratio are HCL Infosystems Limited, Data Patterns (India) Limited, Nitiraj Engineers Limited, Bharat Electronics Limited, Finolex Cables Limited, Sasken Technologies Limited, Butterfly Gandhimathi Appliances Limited, Honeywell Automation India Limited, Elin Electronics Limited and Havells India Limited.