Power

Sector overview

Total Companies: 42
Total Market Cap (₹ Cr): 20,14,587
Top 3 Market Cap (₹ Cr): 9,78,158
Sector Concentration: 48.55%
Weighted P/E: 43.28
Weighted P/B: 3.52
Avg Dividend Yield: 0.71%
Avg Qtrly Profit Growth (YoY): 5.98%
Avg Qtrly Sales Growth (YoY): —
Avg Sector ROE: 12.30%
Avg Sector ROCE: 11.24%
Avg Debt to Equity: 2.25
Broad Industries: 3
Sub Industries: 3

AI Sector View

AI GENERATED

Buy

Power generation 8.0% YoY (2026-07)IIP-electricity 10.0% YoY (2026-06)Coal offtake (except Lignite) 10.0% YoY (2026-07)Electricity 9.0% YoY (2026-07)Coal 7.6% YoY (2026-07)

Operationally, power remains one of the strongest sectors in the dataset. Power generation rose 8.0% YoY (2026-07), IIP-electricity was 10.0% YoY (2026-06), electricity core output was 9.0% YoY (2026-07), and coal offtake increased 10.0% YoY (2026-07). FPI outflows are a headwind at INR -10736 crore over 3 months to 2026-08-31, but the fundamental demand signal is strong enough to retain a positive stance.

Confidence

71%

Power vs Nifty

Power

Nifty Benchmark

Sub Industries

3 sub-industries

S.No.
1.	Engineering - Construction	1	1	5,565	5,565	100%	100%	12.20	2.40	25.55	2.40	12.20	2.40	151	1.87	1	19.30%	19.30%	15.70%	1.87	31.11%	—	0.37	89.26	—	3.96%	0.37%	752.25%	—
2.	Ferro & Silica Manganese	6	6	19,214	18,925	98.50%	98.50%	19.66	1.60	13.91	3.38	20.70	1.94	511	0.92	1	0.35%	0.35%	16.70%	0.92	15.16%	—	0.90	95.31	—	8.07%	0.53%	-21.46%	—
3.	Power Generation/Distribution	35	35	19,89,808	9,78,158	49.16%	49.16%	43.59	3.54	28.89	3.35	20.85	1.98	78.09	2.49	1	14.15%	14.15%	10.17%	2.49	31.36%	—	0.32	67.82	—	13.89%	0.75%	-17.07%	—

Stocks in this sector

S.No.	Name
1.	Adani Power Ltd.	Power	Power Generation/Distribution	4,10,764	210	28.80	4.47	36	0%	17.80%	21.90%	2
2.	NTPC Ltd.	Power	Power Generation/Distribution	3,26,778	333	11.80	1.77	215	2.67%	8.50%	14.20%	10
3.	Power Grid Corporation Of India Ltd.	Power	Power Generation/Distribution	2,52,976	269	15.90	2.74	112	3.31%	9.70%	16.50%	10
4.	Adani Green Energy Ltd.	Power	Power Generation/Distribution	2,15,451	1,281	120.80	6.89	123	0%	9.90%	14.40%	10
5.	Adani Energy Solutions Ltd.	Power	Power Generation/Distribution	1,70,358	1,373	58.40	4.41	247	0%	9.70%	10.10%	10
6.	Tata Power Company Ltd.	Power	Power Generation/Distribution	1,17,269	365	30.40	3.07	127	0.68%	11.60%	13.60%	1
7.	JSW Energy Ltd.	Power	Power Generation/Distribution	97,541	526	49.60	2.77	188	0.38%	8.50%	9.70%	10
8.	NHPC Ltd.	Power	Power Generation/Distribution	76,744	76	20.20	1.79	42	2.11%	6.20%	10.40%	10
9.	NTPC Green Energy Ltd.	Power	Power Generation/Distribution	73,933	87	121.80	4.11	23	0%	3.70%	2.80%	10
10.	Torrent Power Ltd.	Power	Power Generation/Distribution	65,288	1,298	28.10	3.45	392	1.54%	14.40%	13.50%	10
11.	NLC India Ltd.	Power	Power Generation/Distribution	37,495	264	11.70	1.73	158	1.42%	11.30%	18.70%	10
12.	Acme Solar Holdings Ltd.	Power	Power Generation/Distribution	28,059	402	46.50	3.18	113	0.05%	9.20%	10.50%	2
13.	SJVN Ltd.	Power	Power Generation/Distribution	26,373	66	41.30	1.75	37	2.24%	5.60%	4.50%	10
14.	CESC Ltd.	Power	Power Generation/Distribution	19,493	145	12.60	1.59	98	4.08%	11.50%	13.20%	1
15.	Clean Max Enviro Energy Solutions Ltd.	Power	Power Generation/Distribution	16,433	1,431	174.60	1.98	392	0%	6.70%	2.40%	1
16.	Juniper Green Energy Ltd.	Power	Power Generation/Distribution	14,726	265	363.90	2.91	91	0%	3.60%	1.20%	10
17.	Vedanta Power Ltd.	Power	Power Generation/Distribution	13,280	34	0	6	6	0%	-18.30%	-61.30%	10
18.	Jaiprakash Power Ventures Ltd.	Power	Power Generation/Distribution	11,130	16	17.40	1.08	14	0%	7%	5.20%	10
19.	Reliance Power Ltd.	Power	Power Generation/Distribution	9,041	22	—	0.58	35	0%	5.10%	-2.30%	10
20.	GMR Power and Urban Infra Ltd.	Power	Power Generation/Distribution	7,531	94	13.30	3.88	23	0%	20.10%	49.10%	5
21.	PTC India Ltd.	Power	Power Generation/Distribution	4,553	153	9	0.78	206	5.53%	15%	12.20%	10
22.	RattanIndia Power Ltd.	Power	Power Generation/Distribution	3,893	7	34.90	0.88	9	0%	6.30%	1.10%	10
23.	Gujarat Industries Power Company Ltd.	Power	Power Generation/Distribution	3,129	200	12.30	—	—	2.03%	11.60%	10.30%	10
24.	Ravindra Energy Ltd.	Power	Power Generation/Distribution	3,094	156	51.80	6.76	32	0%	9.10%	9.60%	10
25.	Reliance Infrastructure Ltd.	Power	Power Generation/Distribution	2,241	54	0.70	-0.16	-411	0%	0%	0%	10
26.	BF Utilities Ltd.	Power	Power Generation/Distribution	2,050	549	13	14.05	107	0%	46.20%	263%	5
27.	Orient Green Power Company Ltd.	Power	Power Generation/Distribution	1,120	9	17.50	0.82	10	0%	7.90%	6.50%	10
28.	India Power Corporation Ltd.	Power	Power Generation/Distribution	687	7	53.60	1.35	3	0%	3.20%	0.80%	1
29.	GVK Power & Infrastructure Ltd.	Power	Power Generation/Distribution	351	2	—	-0.80	-13	0%	34.90%	0%	1
30.	Surana Telecom And Power Ltd.	Power	Power Generation/Distribution	218	16	6.60	1.67	14	0%	19.80%	16.30%	1
31.	Indowind Energy Ltd.	Power	Power Generation/Distribution	147	9	—	0.76	19	0%	2%	0.50%	10
32.	Sungarner Energies Ltd.	Power	Power Generation/Distribution	78	354	20.50	5.67	65	0%	18%	15.90%	10
33.	Energy Development Company Ltd.	Power	Power Generation/Distribution	72	15	—	16.11	0	0%	9.80%	-6.20%	10
34.	Sri KPR Industries Ltd.	Power	Power Generation/Distribution	63	31	9.50	0.46	64	0%	6.30%	5.10%	10
35.	Karma Energy Ltd.	Power	Power Generation/Distribution	44	40	—	—	—	0%	4.10%	-8.10%	10

Power vs Nifty

Power

AI Sector View

Power vs Nifty

Sub Industries

Stocks in this sector

Headlines

Power

AI Sector View

Sub Industries

Stocks in this sector

Headlines