Top Utilities companies in India by Price to Earnings Ratio (P/E)

This ranking features the top 64 Utilities companies in India ranked by Price to Earnings Ratio (P/E), averaging a Price to Earnings Ratio (P/E) of 44.75, for January 15, 2025.

India

Utilities

#	Name	Price to Earnings Ratio (P/E)	Reported Date	Stock Price	Change	Country
1	Hitachi Energy India Limited 1 POWERINDIA.NS	324.63	Jan. 14, 2025	USD 155.15	5.69%	India
2	Servotech Power Systems Limited 2 SERVOTECH.NS	257.16	Jan. 14, 2025	USD 1.67	1.43%	India
3	Inox Green Energy Services Limited 3 INOXGREEN.NS	210.97	Jan. 14, 2025	USD 1.97	10.14%	India
4	Aartech Solonics Limited 4 AARTECH.BO	172.12	Jan. 14, 2025	USD 0.90	-4.85%	India
5	Adani Green Energy Limited 5 ADANIGREEN.NS	148.27	Jan. 14, 2025	USD 11.63	13.33%	India
6	Godha Cabcon & Insulation Limited 6 GODHA.NS	140.16	Jan. 14, 2025	USD 0.01	5.10%	India
7	Genus Power Infrastructures Limited 7 GENUSPOWER.NS	115.62	Jan. 14, 2025	USD 4.32	1.66%	India
8	Adani Total Gas Limited 8 ATGL.NS	108.30	Jan. 14, 2025	USD 7.74	6.78%	India
9	Power & Instrumental (Gujarat) Limited 9 PIGL.NS	98.79	Jan. 14, 2025	USD 4.35	-4.86%	India
10	Schneider Electric Infrastructure Limited 10 SCHNEIDER.NS	97.14	Jan. 14, 2025	USD 8.37	3.06%	India
11	India Power Corporation Limited 11 DPSCLTD.NS	85.20	Jan. 14, 2025	USD 0.18	4.03%	India
12	Plaza Wires Limited 12 PLAZACABLE.NS	83.00	Jan. 14, 2025	USD 0.82	1.61%	India
13	Adani Energy Solutions Limited 13 ADANIENSOL.NS	80.98	Jan. 14, 2025	USD 8.91	12.15%	India
14	HPL Electric & Power Limited 14 HPL.NS	72.44	Jan. 14, 2025	USD 5.91	4.26%	India
15	Havells India Limited 15 HAVELLS.NS	72.33	Jan. 14, 2025	USD 17.62	-0.31%	India
16	Indo Tech Transformers Limited 16 INDOTECH.NS	68.79	Jan. 14, 2025	USD 37.01	-4.11%	India
17	Swan Energy Limited 17 SWANENERGY.NS	64.70	Jan. 14, 2025	USD 7.39	6.47%	India
18	KEI Industries Limited 18 KEI.NS	64.06	Jan. 14, 2025	USD 46.45	0.80%	India
19	CG Power and Industrial Solutions Limited 19 CGPOWER.NS	64.01	Jan. 14, 2025	USD 7.40	4.23%	India
20	Polycab India Limited 20 POLYCAB.NS	52.26	Jan. 14, 2025	USD 74.81	3.72%	India
21	Orient Green Power Company Limited 21 GREENPOWER.NS	49.20	Jan. 14, 2025	USD 0.18	8.88%	India
22	R R Kabel Limited 22 RRKABEL.NS	48.48	Jan. 14, 2025	USD 15.24	0.94%	India
23	Indian Renewable Energy Development Agency Limited 23 IREDA.NS	42.79	Jan. 14, 2025	USD 2.38	3.34%	India
24	Indowind Energy Limited 24 INDOWIND.NS	40.77	Jan. 14, 2025	USD 0.27	6.88%	India
25	Indo National Limited 25 NIPPOBATRY.NS	39.10	Jan. 14, 2025	USD 5.94	1.04%	India
26	Eveready Industries India Limited 26 EVEREADY.NS	38.81	Jan. 14, 2025	USD 4.31	2.61%	India
27	Ion Exchange (India) Limited 27 IONEXCHANG.NS	37.92	Jan. 14, 2025	USD 7.23	3.09%	India
28	Torrent Power Limited 28 TORNTPOWER.NS	36.73	Jan. 14, 2025	USD 15.92	5.37%	India
29	Precision Wires India Limited 29 PRECWIRE.NS	36.64	Jan. 14, 2025	USD 1.77	2.67%	India
30	VA Tech Wabag Limited 30 WABAG.NS	36.22	Jan. 14, 2025	USD 16.80	2.82%	India
31	Exide Industries Limited 31 EXIDEIND.NS	35.78	Jan. 14, 2025	USD 4.42	2.74%	India
32	The Tata Power Company Limited 32 TATAPOWER.NS	30.18	Jan. 14, 2025	USD 4.12	5.16%	India
33	Gujarat Gas Limited 33 GUJGASLTD.NS	28.25	Jan. 14, 2025	USD 5.63	3.55%	India
34	Bharat Bijlee Limited 34 BBL.NS	28.16	Jan. 14, 2025	USD 39.39	6.34%	India
35	EMS Limited 35 EMSLIMITED.NS	28.06	Jan. 14, 2025	USD 9.20	4.85%	India
36	Voltamp Transformers Limited 36 VOLTAMP.NS	26.90	Jan. 14, 2025	USD 97.38	2.50%	India
37	HEG Limited 37 HEG.NS	25.88	Jan. 14, 2025	USD 4.95	1.19%	India
38	Universal Cables Limited 38 UNIVCABLES.NS	22.49	Jan. 14, 2025	USD 8.41	0.38%	India
39	Swelect Energy Systems Limited 39 SWELECTES.NS	21.79	Jan. 14, 2025	USD 10.83	9.13%	India
40	Cords Cable Industries Limited 40 CORDSCABLE.NS	21.65	Jan. 14, 2025	USD 2.03	3.79%	India
41	Kirloskar Industries Limited 41 KIRLOSIND.NS	20.45	Jan. 14, 2025	USD 47.42	2.84%	India
42	AMJ Land Holdings Limited 42 AMJLAND.NS	20.38	Jan. 14, 2025	USD 0.66	3.14%	India
43	Amara Raja Energy & Mobility Limited 43 ARE&M.NS	19.86	Jan. 14, 2025	USD 12.20	2.08%	India
44	Antony Waste Handling Cell Limited 44 AWHCL.NS	19.00	Jan. 14, 2025	USD 6.95	2.75%	India
45	Power Grid Corporation of India Limited 45 POWERGRID.NS	17.07	Jan. 14, 2025	USD 3.35	1.07%	India
46	IRM Energy Limited 46 IRMENERGY.NS	15.92	Jan. 14, 2025	USD 3.94	4.34%	India
47	Gujarat Industries Power Company Limited 47 GIPCL.NS	15.34	Jan. 14, 2025	USD 2.42	2.60%	India
48	NTPC Limited 48 NTPC.NS	14.35	Jan. 14, 2025	USD 3.59	4.25%	India
49	CESC Limited 49 CESC.NS	14.27	Jan. 14, 2025	USD 1.78	1.25%	India
50	Indraprastha Gas Limited 50 IGL.NS	13.81	Jan. 14, 2025	USD 4.75	1.41%	India

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Frequently Asked Questions

Which Utilities company in India has the highest Price to Earnings Ratio (P/E) ?

The Utilities company in India with the highest Price to Earnings Ratio (P/E) is Hitachi Energy India Limited (NSE: POWERINDIA.NS) at 324.63.
Which Utilities company in India has the lowest Price to Earnings Ratio (P/E) ?

The Utilities company in India with the lowest Price to Earnings Ratio (P/E) is Banka BioLoo Limited (NSE: BANKA.NS) at -138.04.

What are the top 10 Utilities companies in India by Price to Earnings Ratio (P/E) ?

The top 10 Utilities companies in India by Price to Earnings Ratio (P/E) are Hitachi Energy India Limited, Servotech Power Systems Limited, Inox Green Energy Services Limited, Aartech Solonics Limited, Adani Green Energy Limited, Godha Cabcon & Insulation Limited, Genus Power Infrastructures Limited, Adani Total Gas Limited, Power & Instrumental (Gujarat) Limited and Schneider Electric Infrastructure Limited.
What are the bottom 10 Utilities companies in India by Price to Earnings Ratio (P/E) ?

The bottom 10 Utilities companies in India by Price to Earnings Ratio (P/E) are Banka BioLoo Limited, Cineline India Limited, Tarapur Transformers Limited, Websol Energy System Limited, Sterling and Wilson Renewable Energy Limited, The Waterbase Limited, Reliance Power Limited, OPG Power Ventures Plc, Ponni Sugars (Erode) Limited and Power Finance Corporation Limited.