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

This ranking features the top 32 Utility companies in India ranked by Price to Earnings Ratio (P/E), averaging a Price to Earnings Ratio (P/E) of 46.84, for January 15, 2025.

India

Utility

#	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	EPACK Durable Limited 2 EPACK.NS	134.17	Jan. 14, 2025	USD 6.00	-3.77%	India
3	Genus Power Infrastructures Limited 3 GENUSPOWER.NS	115.62	Jan. 14, 2025	USD 4.32	1.66%	India
4	Power & Instrumental (Gujarat) Limited 4 PIGL.NS	98.79	Jan. 14, 2025	USD 4.35	-4.86%	India
5	Schneider Electric Infrastructure Limited 5 SCHNEIDER.NS	97.14	Jan. 14, 2025	USD 8.37	3.06%	India
6	India Power Corporation Limited 6 DPSCLTD.NS	85.20	Jan. 14, 2025	USD 0.18	4.03%	India
7	Adani Energy Solutions Limited 7 ADANIENSOL.NS	80.98	Jan. 14, 2025	USD 8.91	12.15%	India
8	HPL Electric & Power Limited 8 HPL.NS	72.44	Jan. 14, 2025	USD 5.91	4.26%	India
9	Indo Tech Transformers Limited 9 INDOTECH.NS	68.79	Jan. 14, 2025	USD 37.01	-4.11%	India
10	KEI Industries Limited 10 KEI.NS	64.06	Jan. 14, 2025	USD 46.45	0.80%	India
11	CG Power and Industrial Solutions Limited 11 CGPOWER.NS	64.01	Jan. 14, 2025	USD 7.40	4.23%	India
12	Polycab India Limited 12 POLYCAB.NS	52.26	Jan. 14, 2025	USD 74.81	3.72%	India
13	Exicom Tele-Systems Limited 13 EXICOM.NS	44.78	Jan. 14, 2025	USD 2.77	-1.19%	India
14	SJVN Limited 14 SJVN.NS	39.60	Jan. 14, 2025	USD 1.09	3.95%	India
15	Torrent Power Limited 15 TORNTPOWER.NS	36.73	Jan. 14, 2025	USD 15.92	5.37%	India
16	The Tata Power Company Limited 16 TATAPOWER.NS	30.18	Jan. 14, 2025	USD 4.12	5.16%	India
17	Voltamp Transformers Limited 17 VOLTAMP.NS	26.90	Jan. 14, 2025	USD 97.38	2.50%	India
18	Finolex Cables Limited 18 FINCABLES.NS	22.93	Jan. 14, 2025	USD 11.70	2.36%	India
19	Universal Cables Limited 19 UNIVCABLES.NS	22.49	Jan. 14, 2025	USD 8.41	0.38%	India
20	Cords Cable Industries Limited 20 CORDSCABLE.NS	21.65	Jan. 14, 2025	USD 2.03	3.79%	India
21	NHPC Limited 21 NHPC.NS	20.73	Jan. 14, 2025	USD 0.88	5.42%	India
22	Power Grid Corporation of India Limited 22 POWERGRID.NS	17.07	Jan. 14, 2025	USD 3.35	1.07%	India
23	Gujarat Industries Power Company Limited 23 GIPCL.NS	15.34	Jan. 14, 2025	USD 2.42	2.60%	India
24	NTPC Limited 24 NTPC.NS	14.35	Jan. 14, 2025	USD 3.59	4.25%	India
25	CESC Limited 25 CESC.NS	14.27	Jan. 14, 2025	USD 1.78	1.25%	India
26	Veto Switchgears and Cables Limited 26 VETO.NS	12.68	Jan. 14, 2025	USD 1.44	1.98%	India
27	Adani Power Limited 27 ADANIPOWER.NS	10.15	Jan. 14, 2025	USD 6.20	19.54%	India
28	REC Limited 28 RECLTD.NS	8.67	Jan. 14, 2025	USD 5.50	6.74%	India
29	Power Finance Corporation Limited 29 PFC.NS	6.87	Jan. 14, 2025	USD 4.82	7.38%	India
30	Reliance Infrastructure Limited 30 RELINFRA.NS	-6.57	Jan. 14, 2025	USD 3.18	-0.79%	India
31	Energy Development Company Limited 31 ENERGYDEV.NS	-52.94	Jan. 14, 2025	USD 0.28	5.10%	India
32	Tarapur Transformers Limited 32 TARAPUR.NS	-65.09	Jan. 14, 2025	USD 0.50	-1.87%	India

Frequently Asked Questions

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

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

The Utility company in India with the lowest Price to Earnings Ratio (P/E) is Tarapur Transformers Limited (NSE: TARAPUR.NS) at -65.09.

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

The top 10 Utility companies in India by Price to Earnings Ratio (P/E) are Hitachi Energy India Limited, EPACK Durable Limited, Genus Power Infrastructures Limited, Power & Instrumental (Gujarat) Limited, Schneider Electric Infrastructure Limited, India Power Corporation Limited, Adani Energy Solutions Limited, HPL Electric & Power Limited, Indo Tech Transformers Limited and KEI Industries Limited.
What are the bottom 10 Utility companies in India by Price to Earnings Ratio (P/E) ?

The bottom 10 Utility companies in India by Price to Earnings Ratio (P/E) are Tarapur Transformers Limited, Energy Development Company Limited, Reliance Infrastructure Limited, Power Finance Corporation Limited, REC Limited, Adani Power Limited, Veto Switchgears and Cables Limited, CESC Limited, NTPC Limited and Gujarat Industries Power Company Limited.