About Heavy Electrical Equipment
26 Aug 2026Heavy Electrical Equipment is one of 22 industries in the Capital Goods sector. Solomo tracks 53 listed companies classified as Heavy Electrical Equipment on India's NSE and BSE, out of 914 in the Capital Goods sector. Their combined market capitalisation was ₹12,80,967 crore (₹12.81 lakh crore) on 26 Aug 2026, 26.7% of the Capital Goodssector's total and the largest of its 22 industries by market value. All 53 carry both an NSE symbol and a BSE scrip code.
The 3 largest by market capitalisation are Hitachi Energy India Ltd (₹1,45,319 crore), ABB India Ltd (₹1,44,809 crore) and CG Power & Industrial Solutions Ltd (₹1,44,363 crore).
Median trailing P/E across the 53 companies with a reported ratio is 33.0, and median return on capital employed (ROCE) across 53 companies is 18.6%.
7 of them rank among the 100 largest listed companies in India by market capitalisation on 26 Aug 2026: Hitachi Energy India Ltd (#68), ABB India Ltd (#69), CG Power & Industrial Solutions Ltd (#70), Bharat Heavy Electricals Ltd (#73), Siemens Energy India Ltd (#82), Siemens Ltd (#83) and GE Vernova T&D India Ltd (#91).
| Company | Market cap | P/E | ROCE |
|---|---|---|---|
| Hitachi Energy India Ltd | ₹1,45,319 Cr | 141.4 | 24.8% |
| ABB India Ltd | ₹1,44,809 Cr | 48.6 | 28.1% |
| CG Power & Industrial Solutions Ltd | ₹1,44,363 Cr | 119.7 | 20.2% |
| Bharat Heavy Electricals Ltd | ₹1,37,646 Cr | 86.0 | 5.8% |
| Siemens Energy India Ltd | ₹1,25,246 Cr | 95.6 | 33.0% |
| Siemens Ltd | ₹1,24,754 Cr | 58.4 | 22.1% |
| GE Vernova T&D India Ltd | ₹1,19,724 Cr | 93.6 | 61.3% |
| Suzlon Energy Ltd | ₹73,507 Cr | 23.2 | 27.1% |
| Thermax Ltd | ₹57,257 Cr | 79.5 | 14.3% |
| Schneider Electric Infrastructure Ltd | ₹33,818 Cr | 159.1 | 25.9% |
| Triveni Turbine Ltd | ₹19,263 Cr | 53.3 | 32.1% |
| TD Power Systems Ltd | ₹17,968 Cr | 75.3 | 30.1% |
| Azad Engineering Ltd | ₹16,008 Cr | 120.4 | 10.8% |
| Inox Wind Ltd | ₹14,246 Cr | 35.2 | 10.6% |
| Atlanta Electricals Ltd | ₹13,039 Cr | 64.3 | 34.0% |
| Elecon Engineering Company Ltd | ₹11,451 Cr | 48.5 | 18.6% |
| Transformers & Rectifiers India Ltd | ₹10,342 Cr | 39.1 | 20.8% |
| Voltamp Transformers Ltd | ₹9,666 Cr | 31.6 | 22.7% |
| Quality Power Electrical Equipments Ltd | ₹9,404 Cr | 77.5 | 38.3% |
| Powerica Ltd | ₹7,172 Cr | 26.8 | 12.1% |
Other industries in Capital Goods: Aerospace & Defense (30), Industrial Products (234), Other Electrical Equipment (91), Iron & Steel Products (129), Compressors, Pumps & Diesel Engines (14), Commercial Vehicles (16), Cables - Electricals (15), Plastic Products - Industrial (71), Ship Building & Allied Services (5), Other Industrial Products (68), Abrasives & Bearings (8), Castings & Forgings (22), Electrodes & Refractories (15), Packaging (87), Tractors (5), Construction Vehicles (7), Aluminium, Copper & Zinc Products (21), Railway Wagons (3), Rubber (14), Glass - Industrial (4) and Dealers-Commercial Vehicles, Tractors, Construction Vehicles (2).
Market capitalisation, P/E and ROCE are from Solomo's fundamentals snapshot dated 26 Aug 2026; the interactive table above re-prices market cap and P/E against live quotes during market hours, so intraday figures there will differ. Sector and industry labels follow the NSE and BSE classification, and any market-cap rank quoted above is taken across Solomo's full NSE and BSE universe. Reference data, not investment advice.