Sector Alpha Week of 2026-08-18
20-quarter listed-company comparison

Electric Equipment - General Stocks in India

Electric Equipment - General: ABB India Ltd owns the largest revenue base; Fujiyama Power Systems Ltd has the fastest current growth.

01 · the index people search for

Nifty Electric Equipment - General Index — Constituents & Performance

The Electric Equipment - General companies below are the listed Indian Electric Equipment - General universe this page tracks — the same constituent set people search for as the Nifty Electric Equipment - General index. Every figure is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.

02 · the sector itself · before any single company

How has Electric Equipment - General moved against NIFTY 500?

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this sector is 143% ahead of NIFTY 500. Earnings across its companies grew 28% on average over the last four reported quarters. It has been ahead of NIFTY 500 on a rolling three-month view for 27 weeks running.

LEADER · ahead 27w⚠Price and the fundamentals both up7 of 12 companies ahead of NIFTY 500 by 5% or more over three months

RS ↑27w · 10/12 >200d (+1) · 7/12 lead (−1) · EPS 3/10↑

200500100020262025202420232022 1121324 TRAILING 12-MONTH EPS · 100 AT THE START0100246Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Mar 2025 · trailing 12-month earnings per share at 100, against 100 at the start · down 69.5% on a year ago · 3 reporting · thin coverageJun 2025 · trailing 12-month earnings per share at 246, against 100 at the start · no comparable year yet · 6 reportingSep 2025 · trailing 12-month earnings per share at 135, against 100 at the start · down 54.2% on a year ago · 8 reportingDec 2025 · trailing 12-month earnings per share at 95, against 100 at the start · up 50.0% on a year ago · 6 reportingMar 2026 · trailing 12-month earnings per share at 168, against 100 at the start · up 162.0% on a year ago · 8 reportingJun 2026 · trailing 12-month earnings per share at 82, against 100 at the start · down 46.4% on a year ago · 6 reportingNot reported yet — earnings trail price by a quarter or two82No earnings on file this far back — the price series reaches further than the filings doNO EARNINGS ON FILE
200500100020262025202420232022 1121324 TRAILING 12-MONTH EPS · 100 AT THE START0100246Jun 25Jun 26Mar 2025 · trailing 12-month earnings per share at 100, against 100 at the start · down 69.5% on a year ago · 3 reporting · thin coverageJun 2025 · trailing 12-month earnings per share at 246, against 100 at the start · no comparable year yet · 6 reportingSep 2025 · trailing 12-month earnings per share at 135, against 100 at the start · down 54.2% on a year ago · 8 reportingDec 2025 · trailing 12-month earnings per share at 95, against 100 at the start · up 50.0% on a year ago · 6 reportingMar 2026 · trailing 12-month earnings per share at 168, against 100 at the start · up 162.0% on a year ago · 8 reportingJun 2026 · trailing 12-month earnings per share at 82, against 100 at the start · down 46.4% on a year ago · 6 reportingNot reported yet — earnings trail price by a quarter or two82No earnings on file this far back — the price series reaches further than the filings doNO EARNINGS ON FILE
Electric Equipment - General, equal-weighted, based at 200 NIFTY 500, same base, same start trailing 12-month earnings per share rising falling

Both lines start at 200 in the same week, so the distance between them is the whole story: the sector line is an equal-weighted index of its 12 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the sector taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

03 · sector relative strength, before individual stocks

Is Electric Equipment - General outperforming NIFTY 500?

Electric Equipment - General has outperformed NIFTY 500 by 66.2% over the last 52 weeks. Over 13 weeks the gap is a lead of 12.8%. 5 of 8 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Yash Highvoltage Ltd is the strongest against the sector itself at +20.1%.

+12.8%Sector vs NIFTY 500 · 13 weeks
+66.2%Sector vs NIFTY 500 · 52 weeks
5/8Stocks leading NIFTY 500
2/5Stocks leading sector

Sector metric: 45.4 as of 2026-08-09 · CONSOLIDATION · falling.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

Electric Equipment - General has outperformed NIFTY 500 by 66.2% over 52 weeks and 12.8% over 13 weeks. 5 of 8 covered companies beat NIFTY on Mansfield relative strength, while 2 of 5 beat the sector itself. ABB India Ltd leads with revenue of ₹13,477 crore, based on 8 of 14 comparable companies through Jun 2026.

Companies
14
complete canonical membership
Combined market value
₹2.1 L Cr
ABB India Ltd
Revenue growing
8/8
positive TTM year-on-year growth
Beating NIFTY 500
5/8
positive Mansfield relative strength
Comparing 5 of 14
04 · research priority, made explicit

Best Electric Equipment - General Stocks in India (Aug 2026), Ranked by Data

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Emmvee Photovoltaic Power Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 73% evidence confidence.
Saatvik Green Energy Ltd looks inexpensive relative to peers or its own history, but its earnings trajectory has not yet earned the valuation signal.
Parth Electricals & Engineering Ltd has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.
How this score is built, and what the marks mean

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

Top 10 Electric Equipment - General Stocks in India

CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1Emmvee Photovoltaic Power LtdEMMVEE 73.0/100Favorable setup73% evidence BREAKING OUT 29.4/35 Revenue 84.1% · PAT 100% · OPM change 1 pp 100% evidence 18.8/25 ROCE 44.8% · OPM 35% 100% evidence 14.8/20 P/E 17.5× · PEG 0.92 65% evidence 10.0/20 RS sector — · RS bench — · 1Y —12 of 12 weeks ahead 0% evidence
Exact sum: 29.4 + 18.8 + 14.8 + 10 = 73 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
2Fujiyama Power Systems LtdUTLSOLAR 56.1/100Mixed-positive evidence63% evidence BREAKING OUT 22.3/35 Revenue 95% · PAT 62.4% · OPM change 1 pp 100% evidence 13.9/25 ROCE 29.4% · OPM 19% 100% evidence 9.9/20 P/E 31.1× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y —12 of 12 weeks ahead 0% evidence
Exact sum: 22.3 + 13.9 + 9.9 + 10 = 56.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
3Indosolar LtdWAAREEINDO 50.3/100Mixed-positive evidence74% evidence ASLEEP 13.0/35 Revenue 7% · PAT -5.7% · OPM change 38 pp 95% evidence 19.9/25 ROCE 124% · OPM 71% 95% evidence 11.5/20 P/E 7.4× · PEG — 15% evidence 5.9/20 RS sector -6.5% · RS bench -34.5% · 1Y -21.4%3 of 10 weeks ahead 70% evidence
Exact sum: 13 + 19.9 + 11.5 + 5.9 = 50.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
4ABB India LtdABB 50.1/100Mixed-positive evidence74% evidence TURNING 17.5/35 Revenue 10.2% · PAT 66.5% · OPM change -1 pp 71% evidence 15.2/25 ROCE 29.9% · OPM 13% 76% evidence 6.8/20 P/E 105× · PEG — 50% evidence 10.6/20 RS sector -8.9% · RS bench 24.2% · 1Y 52.3%6 of 12 weeks ahead 100% evidence
Exact sum: 17.5 + 15.2 + 6.8 + 10.6 = 50.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
5Hindusthan Insulators & Industries Ltd539984 47.7/100Mixed-negative evidence67% evidence ASLEEP 24.3/35 Revenue 41.8% · PAT 100% · OPM change 32 pp 71% evidence 7.4/25 ROCE 10.7% · OPM 38% 76% evidence 11.0/20 P/E 13× · PEG — 15% evidence 5.0/20 RS sector -38.8% · RS bench 85.2% · 1Y 10.2%1 of 12 weeks ahead 100% evidence
Exact sum: 24.3 + 7.4 + 11 + 5 = 47.7 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -38.8% and the one-year return is 10.2%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.
6Saatvik Green Energy LtdSAATVIKGL 45.8/100Mixed-negative evidence73% evidence ASLEEP 7.9/35 Revenue 46.5% · PAT -21.9% · OPM change -12.7 pp 100% evidence 12.3/25 ROCE 32.9% · OPM 6.6% 100% evidence 15.6/20 P/E 21.9× · PEG 0.65 65% evidence 10.0/20 RS sector — · RS bench — · 1Y —5 of 12 weeks ahead 0% evidence
Exact sum: 7.9 + 12.3 + 15.6 + 10 = 45.8 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
7Vidya Wires LtdVIDYAWIRES 45.1/100Mixed-negative evidence60% evidence ASLEEP 15.8/35 Revenue 31.6% · PAT 40.9% · OPM change -0.5 pp 95% evidence 9.2/25 ROCE 20.7% · OPM 4% 95% evidence 10.1/20 P/E 30.4× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y —8 of 12 weeks ahead 0% evidence
Exact sum: 15.8 + 9.2 + 10.1 + 10 = 45.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
8Prostarm Info Systems LtdPROSTARM 43.1/100Mixed-negative evidence65% evidence BASING 14.4/35 Revenue 30.5% · PAT 19.1% · OPM change 1.4 pp 95% evidence 10.4/25 ROCE 17.8% · OPM 8.5% 95% evidence 10.3/20 P/E 22.2× · PEG — 15% evidence 8.0/20 RS sector — · RS bench -17.4% · 1Y -32.3%0 of 10 weeks ahead 25% evidence
Exact sum: 14.4 + 10.4 + 10.3 + 8 = 43.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
9Yash Highvoltage Ltd544310 62.5/100Thin evidence · provisional47% evidence LEADER 18.5/35 Revenue — · PAT — · OPM change 3 pp 14% evidence 15.8/25 ROCE 28.6% · OPM 26% 76% evidence 8.7/20 P/E 72.4× · PEG — 15% evidence 19.5/20 RS sector 20.1% · RS bench 58.9% · 1Y 86.9%12 of 12 weeks ahead 100% evidence
Exact sum: 18.5 + 15.8 + 8.7 + 19.5 = 62.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
10Vivid Electromech LtdVIVIDEL 57.4/100Thin evidence · provisional34% evidence TURNING 17.2/35 Revenue — · PAT — · OPM change 4 pp 19% evidence 21.0/25 ROCE 58.6% · OPM 24% 95% evidence 9.2/20 P/E 44× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y —4 of 4 weeks ahead 0% evidence
Exact sum: 17.2 + 21 + 9.2 + 10 = 57.4 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
11GP Eco Solutions India LtdGPECO 56.7/100Thin evidence · provisional41% evidence 20.6/35 Revenue — · PAT — · OPM change 10 pp 26% evidence 16.4/25 ROCE 38.3% · OPM 15% 95% evidence 11.3/20 P/E 11.9× · PEG — 15% evidence 8.4/20 RS sector — · RS bench -10.2% · 1Y —4 of 4 weeks ahead 25% evidence
Exact sum: 20.6 + 16.4 + 11.3 + 8.4 = 56.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
12Indo SMC Ltd544681 54.1/100Thin evidence · provisional31% evidence BREAKING OUT 17.6/35 Revenue — · PAT — · OPM change 4 pp 26% evidence 16.8/25 ROCE 33.9% · OPM 15% 76% evidence 9.7/20 P/E 34× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y —12 of 12 weeks ahead 0% evidence
Exact sum: 17.6 + 16.8 + 9.7 + 10 = 54.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
13Saakshi Medtech & Panels LtdSAAKSHI 53.3/100Thin evidence · provisional41% evidence TURNING 20.5/35 Revenue — · PAT — · OPM change 12 pp 26% evidence 12.3/25 ROCE 14.3% · OPM 20% 95% evidence 9.4/20 P/E 42.5× · PEG — 15% evidence 11.1/20 RS sector — · RS bench 38.8% · 1Y —1 of 2 weeks ahead 25% evidence
Exact sum: 20.5 + 12.3 + 9.4 + 11.1 = 53.3 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
14Parth Electricals & Engineering LtdPARTH 52.0/100Thin evidence · provisional50% evidence LEADER 16.7/35 Revenue — · PAT — · OPM change 1 pp 26% evidence 11.7/25 ROCE 21% · OPM 9% 95% evidence 9.0/20 P/E 45.4× · PEG — 15% evidence 14.6/20 RS sector 13.3% · RS bench 50.2% · 1Y 123.8%12 of 12 weeks ahead 70% evidence
Exact sum: 16.7 + 11.7 + 9 + 14.6 = 52 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
Showing 10 of 14 companies
05 · what price has already done

Market action

Parth Electricals & Engineering Ltd has the strongest one-year price move in Electric Equipment - General at +123.8%. Hindusthan Insulators & Industries Ltd leads on Mansfield relative strength against NIFTY at +85.2%. 5 of 8 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-08-14.

Price and relative strength

Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

06 · the story behind the numbers

Electric Equipment - General — the story behind the numbers

This is the written read behind the Electric Equipment - General figures above — what is actually happening in the sector, in words, with the evidence each claim rests on. It is dated 9 Aug 2026. 5 themes are live here, 1 of them rated high severity.

The Electric Equipment - General sector shows early signs of hyper-growth driven by domestic manufacturing mandates, though data is limited to a single constituent this week. EMMVEE delivered its most impressive quarterly and annual result in company history, with Q4 FY26 revenue surging 62% YoY to ₹1,739 Cr.

How old this read is: This read comes from our Electric Equipment - General sector brief dated 9 Aug 2026, so the words here and the numbers above them cover the same few weeks.

What is live in this sector right now

Live themeSeverityEvidence on file
Silver paste and aluminium price volatility impacts cell manufacturing costs (~10% of cell cost).Named for EMMVEEhigh“The main active risk is commodity price volatility, specifically silver paste and aluminium; however, management mitigates this through pass-through contracts and a 50-60% reduction” Pass-through contracts and 50-60% reduction strategies.
US tariffs on Chinese panels create trade diversion risks; Chinese excess capacity could flood non-US markets.Named for EMMVEEmedium“Geopolitics Reshaping Solar Strategy — energy security has evolved into a strategic imperative for India” Energy security imperatives driving domestic strategy.
Working capital intensity increases with revenue scaling due to inventory and debtor buildup.Named for EMMVEEmedium“consolidated net cash from operating activities decreased to ₹200.14 crore in FY26 from ₹624.89 crore a year ago” Monitoring operating cash flow trends.
EBITDA margins depend on price premiums from ALMM import restrictions; normalization would compress margins.Named for EMMVEEmedium“demand for domestically manufactured solar equipment continues to rise in India — reflecting ongoing ALMM policy tailwind” Rising demand for domestic equipment.
Imported raw materials priced in USD create natural FX exposure on the cost side.Named for EMMVEElow“Emmvee Photovoltaic Power Limited manufactures and sales solar cells, photovoltaic modules and photovoltaic systems across India and Europe” Revenue primarily domestic offsets some exposure.

Sources: our Electric Equipment - General sector brief, 9 Aug 2026 · company earnings-call transcripts.

07 · compare level, then change

Revenue Scale & Growth Durability

ABB India Ltd has the highest Revenue among the 14 Electric Equipment - General companies compared here, at ₹13,477 crore. Emmvee Photovoltaic Power Ltd is next at ₹5,578 crore. Fujiyama Power Systems Ltd has the highest Revenue growth at 95%, so level and change sit with different companies. Its Revenue series carries 10 reported observations across the 20-quarter window.

What the numbers say: ABB India Ltd is the scale leader at ₹13,477 crore, 141.6% ahead of Emmvee Photovoltaic Power Ltd. Fujiyama Power Systems Ltd's growth is 95% from a ₹3,403 crore base, with 9 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderABB India Ltd · ₹13,477 crore
Gap141.6% versus #2 · Emmvee Photovoltaic Power Ltd
Persistence4/4 recent comparable periods
Coverage8/14 companies · 114 observations

Investor read: ABB India Ltd is the scale benchmark; Fujiyama Power Systems Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: ABB India Ltd's growth falls below Fujiyama Power Systems Ltd's for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1ABB India Ltd ABB₹13.5K Cr
2Emmvee Photovoltaic Power Ltd EMMVEE₹5.6K Cr
3Saatvik Green Energy Ltd SAATVIKGL₹4.1K Cr
4Fujiyama Power Systems Ltd UTLSOLAR₹3.4K Cr
5Vidya Wires Ltd VIDYAWIRES⚠ unverified₹2.0K Cr
Revenue growthfastest growers
1Fujiyama Power Systems Ltd UTLSOLAR95%
2Emmvee Photovoltaic Power Ltd EMMVEE84%
3Saatvik Green Energy Ltd SAATVIKGL47%
4Hindusthan Insulators & Industries Ltd 53998442%
5Vidya Wires Ltd VIDYAWIRES⚠ unverified32%
Revenue · company comparison
8/14 level · 8/14 change

On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyRevenueRevenue growthReported
ABB India Ltd ABB₹3.6K Cr21%Jun 2026
Emmvee Photovoltaic Power Ltd EMMVEE₹1.6K Cr51%Jun 2026
Fujiyama Power Systems Ltd UTLSOLAR₹1.3K Cr125%Jun 2026
Vidya Wires Ltd VIDYAWIRES⚠ unverified₹550 Cr34%Jun 2026
Saatvik Green Energy Ltd SAATVIKGL₹511 Cr-44%Jun 2026
GP Eco Solutions India Ltd GPECO₹293 Cr80%Mar 2026
Indo SMC Ltd 544681₹197 Cr186%Mar 2026
Yash Highvoltage Ltd 544310₹136 Cr46%Mar 2026
Vivid Electromech Ltd VIVIDEL⚠ unverified₹130 Cr29%Mar 2026
Parth Electricals & Engineering Ltd PARTH₹118 Cr12%Mar 2026
Hindusthan Insulators & Industries Ltd 539984₹116 Cr81%Jun 2026
Prostarm Info Systems Ltd PROSTARM⚠ unverified₹76 Cr39%Jun 2026
Indosolar Ltd WAAREEINDO⚠ unverified₹68 Cr-65%Jun 2026
Saakshi Medtech & Panels Ltd SAAKSHI₹57 Cr19%Mar 2026
Full 20-quarter history · every available company

Revenue · reported quarter history

Showing the 12 largest of 14 companies with a series here. The remaining 2 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

ABB India Ltd · ABB

—
—
₹2.0K Cr
₹2.1K Cr
—
—
—
—
—
—
—
—
₹2.9K Cr
₹3.4K Cr
₹3.0K Cr
₹2.9K Cr
₹3.3K Cr
₹3.4K Cr
₹3.2K Cr
₹3.6K Cr

Emmvee Photovoltaic Power Ltd · EMMVEE

—
—
—
—
—
—
—
—
—
—
—
₹333 Cr
₹402 Cr
₹528 Cr
₹1.1K Cr
₹1.0K Cr
₹1.1K Cr
₹1.2K Cr
₹1.7K Cr
₹1.6K Cr

Fujiyama Power Systems Ltd · UTLSOLAR

—
—
—
—
—
—
—
—
—
—
—
₹361 Cr
₹329 Cr
₹339 Cr
₹480 Cr
₹597 Cr
₹568 Cr
₹588 Cr
₹901 Cr
₹1.3K Cr

Hindusthan Insulators & Industries Ltd · 539984

—
—
—
₹149 Cr
₹152 Cr
₹134 Cr
₹150 Cr
₹42 Cr
₹63 Cr
₹54 Cr
₹74 Cr
₹61 Cr
₹59 Cr
₹68 Cr
₹84 Cr
₹64 Cr
₹70 Cr
₹95 Cr
₹109 Cr
₹116 Cr

Indo SMC Ltd · 544681

—
—
—
—
—
—
—
—
—
—
—
—
—
—
₹69 Cr
—
₹75 Cr
₹101 Cr
₹197 Cr
—

Indosolar Ltd · WAAREEINDO⚠ unverified

—
—
—
—
—
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹28 Cr
₹103 Cr
₹192 Cr
₹195 Cr
₹203 Cr
₹200 Cr
₹83 Cr
₹68 Cr

Parth Electricals & Engineering Ltd · PARTH

—
—
—
—
—
—
—
—
—
—
—
—
₹70 Cr
—
₹105 Cr
—
₹80 Cr
—
₹118 Cr
—

Prostarm Info Systems Ltd · PROSTARM⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
₹98 Cr
₹76 Cr
₹82 Cr
₹55 Cr
₹66 Cr
₹160 Cr
₹104 Cr
₹76 Cr

Saatvik Green Energy Ltd · SAATVIKGL

—
—
—
—
—
—
—
₹234 Cr
—
—
₹453 Cr
₹246 Cr
₹475 Cr
₹518 Cr
₹919 Cr
₹916 Cr
₹768 Cr
₹1.3K Cr
₹1.6K Cr
₹511 Cr

Vidya Wires Ltd · VIDYAWIRES⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
₹364 Cr
₹347 Cr
₹380 Cr
₹412 Cr
₹381 Cr
₹448 Cr
₹599 Cr
₹550 Cr

Vivid Electromech Ltd · VIVIDEL⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
—
₹101 Cr
—
₹71 Cr
—
₹130 Cr
—

Yash Highvoltage Ltd · 544310

—
—
—
—
—
—
—
—
—
—
—
—
₹57 Cr
—
₹93 Cr
—
₹100 Cr
—
₹136 Cr
—

Revenue growth · reported quarter history

Showing the 12 largest of 14 companies with a series here. The remaining 2 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

ABB India Ltd · ABB

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
14%
1.7%
5.8%
21%

Emmvee Photovoltaic Power Ltd · EMMVEE

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
209%
181%
118%
62%
51%

Fujiyama Power Systems Ltd · UTLSOLAR

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
65%
73%
73%
88%
125%

Hindusthan Insulators & Industries Ltd · 539984

—
—
—
—
—
—
—
-72%
-59%
-60%
-51%
45%
-6.4%
26%
14%
4.9%
19%
40%
30%
81%

Indo SMC Ltd · 544681

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
186%
—

Indosolar Ltd · WAAREEINDO⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
625%
94%
-57%
-65%

Parth Electricals & Engineering Ltd · PARTH

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
14%
—
12%
—

Prostarm Info Systems Ltd · PROSTARM⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
-33%
110%
27%
39%

Saatvik Green Energy Ltd · SAATVIKGL

—
—
—
—
—
—
—
—
—
—
—
5.3%
—
—
103%
272%
62%
143%
75%
-44%

Vidya Wires Ltd · VIDYAWIRES⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
4.7%
29%
58%
34%

Vivid Electromech Ltd · VIVIDEL⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
29%
—

Yash Highvoltage Ltd · 544310

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
75%
—
46%
—
08 · compare level, then change

Operating Economics & Margin Trend

Indosolar Ltd has the highest OPM among the 14 Electric Equipment - General companies compared here, at 71%. Hindusthan Insulators & Industries Ltd is next at 38%. The same company also holds the highest Margin change, at +38 percentage points. 14 of 14 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Indosolar Ltd leads both opm at 71% and margin change at +38 percentage points.

LeaderIndosolar Ltd · 71%
Gap86.8% versus #2 · Hindusthan Insulators & Industries Ltd
Persistence3/4 recent comparable periods
Coverage14/14 companies · 113 observations

Investor read: Indosolar Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
1Indosolar Ltd WAAREEINDO⚠ unverified71%
2Hindusthan Insulators & Industries Ltd 53998438%
3Emmvee Photovoltaic Power Ltd EMMVEE35%
4Yash Highvoltage Ltd 54431026%
5Vivid Electromech Ltd VIVIDEL⚠ unverified24%
Margin changefastest expanders
1Indosolar Ltd WAAREEINDO⚠ unverified+38.0 pp
2Hindusthan Insulators & Industries Ltd 539984+32.0 pp
3Saakshi Medtech & Panels Ltd SAAKSHI+12.0 pp
4GP Eco Solutions India Ltd GPECO+10.0 pp
5Indo SMC Ltd 544681+4.0 pp
Operating margin · company comparison
14/14 level · 14/14 change
All-company data · latest reported quarter
CompanyOPMMargin changeReported
Indosolar Ltd WAAREEINDO⚠ unverified71%+38.0 ppJun 2026
Hindusthan Insulators & Industries Ltd 53998438%+32.0 ppJun 2026
Emmvee Photovoltaic Power Ltd EMMVEE35%+1.0 ppJun 2026
Yash Highvoltage Ltd 54431026%+3.0 ppMar 2026
Vivid Electromech Ltd VIVIDEL⚠ unverified24%+4.0 ppMar 2026
Saakshi Medtech & Panels Ltd SAAKSHI20%+12.0 ppMar 2026
Fujiyama Power Systems Ltd UTLSOLAR19%+1.0 ppJun 2026
Indo SMC Ltd 54468115%+4.0 ppMar 2026
GP Eco Solutions India Ltd GPECO15%+10.0 ppMar 2026
ABB India Ltd ABB13%−1.0 ppJun 2026
Parth Electricals & Engineering Ltd PARTH9.0%+1.0 ppMar 2026
Prostarm Info Systems Ltd PROSTARM⚠ unverified8.5%+1.4 ppJun 2026
Saatvik Green Energy Ltd SAATVIKGL6.6%−12.7 ppJun 2026
Vidya Wires Ltd VIDYAWIRES⚠ unverified4.0%−0.5 ppJun 2026
Full 20-quarter history · every available company

OPM · reported quarter history

Showing the 12 largest of 14 companies with a series here. The remaining 2 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

ABB India Ltd · ABB

—
—
10%
10%
—
—
—
—
—
—
—
—
19%
20%
19%
14%
15%
15%
13%
13%

Emmvee Photovoltaic Power Ltd · EMMVEE

—
—
—
—
—
—
—
—
—
—
—
16%
23%
38%
34%
34%
35%
36%
33%
35%

Fujiyama Power Systems Ltd · UTLSOLAR

—
—
—
—
—
—
—
—
—
—
—
15%
15%
15%
16%
18%
18%
19%
19%
19%

Hindusthan Insulators & Industries Ltd · 539984

1.0%
3.9%
3.6%
0.1%
-12%
-3.4%
2.2%
10%
8.0%
7.0%
-0.5%
6.0%
3.1%
4.4%
-28%
6.0%
10%
26%
21%
38%

Indo SMC Ltd · 544681

—
—
—
—
—
—
—
—
—
—
—
—
—
—
11%
—
18%
16%
15%
—

Indosolar Ltd · WAAREEINDO⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
77%
23%
26%
33%
35%
36%
77%
71%

Parth Electricals & Engineering Ltd · PARTH

—
—
—
—
—
—
—
—
—
—
—
—
11%
—
8.0%
—
12%
—
9.0%
—

Prostarm Info Systems Ltd · PROSTARM⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
21%
15%
14%
7.1%
17%
13%
10%
8.5%

Saatvik Green Energy Ltd · SAATVIKGL

—
—
—
—
—
—
—
9.0%
—
—
19%
13%
14%
13%
17%
19%
14%
12%
6.7%
6.6%

Vidya Wires Ltd · VIDYAWIRES⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
3.8%
4.7%
4.9%
4.5%
4.1%
5.0%
4.7%
4.0%

Vivid Electromech Ltd · VIVIDEL⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
—
20%
—
19%
—
24%
—

Yash Highvoltage Ltd · 544310

—
—
—
—
—
—
—
—
23%
—
17%
19%
20%
—
23%
—
21%
—
26%
—

Margin change · reported quarter history

Showing the 12 largest of 14 companies with a series here. The remaining 2 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

ABB India Ltd · ABB

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
−4.0 pp
−5.0 pp
−6.0 pp
−1.0 pp

Emmvee Photovoltaic Power Ltd · EMMVEE

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
+17.8 pp
+12.0 pp
−2.0 pp
−1.0 pp
+1.0 pp

Fujiyama Power Systems Ltd · UTLSOLAR

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
+2.8 pp
+3.0 pp
+4.0 pp
+3.0 pp
+1.0 pp

Hindusthan Insulators & Industries Ltd · 539984

−8.9 pp
−8.6 pp
−6.2 pp
−0.7 pp
−13.0 pp
−7.3 pp
−1.4 pp
+9.9 pp
+20.0 pp
+10.4 pp
−2.7 pp
−4.0 pp
−4.9 pp
−2.6 pp
−27.5 pp
0.0 pp
+6.9 pp
+21.6 pp
+49.0 pp
+32.0 pp

Indo SMC Ltd · 544681

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
+4.0 pp
—

Indosolar Ltd · WAAREEINDO⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
−42.0 pp
+13.0 pp
+51.0 pp
+38.0 pp

Parth Electricals & Engineering Ltd · PARTH

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
+1.0 pp
—
+1.0 pp
—

Prostarm Info Systems Ltd · PROSTARM⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
−3.9 pp
−2.0 pp
−3.3 pp
+1.4 pp

Saatvik Green Energy Ltd · SAATVIKGL

—
—
—
—
—
—
—
—
—
—
—
+4.2 pp
—
—
−1.6 pp
+6.1 pp
−0.2 pp
−1.1 pp
−10.4 pp
−12.7 pp

Vidya Wires Ltd · VIDYAWIRES⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
+0.3 pp
+0.3 pp
−0.2 pp
−0.5 pp

Vivid Electromech Ltd · VIVIDEL⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
+4.0 pp
—

Yash Highvoltage Ltd · 544310

—
—
—
—
—
—
—
—
—
—
—
—
−3.2 pp
—
+5.9 pp
—
+1.0 pp
—
+3.0 pp
—
09 · compare level, then change

Profit Scale & Acceleration

ABB India Ltd has the highest Net profit among the 14 Electric Equipment - General companies compared here, at ₹2,988 crore. Emmvee Photovoltaic Power Ltd is next at ₹1,274 crore. Emmvee Photovoltaic Power Ltd has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: ABB India Ltd leads with ₹2,988 crore of TTM profit, 134.5% above Emmvee Photovoltaic Power Ltd. Emmvee Photovoltaic Power Ltd shows ≥100% on the scoring scale (140.8% uncapped) growth from a ₹1,274 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderABB India Ltd · ₹2,988 crore
Gap134.5% versus #2 · Emmvee Photovoltaic Power Ltd
Persistence2/4 recent comparable periods
Coverage8/14 companies · 114 observations

Investor read: ABB India Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1ABB India Ltd ABB₹3.0K Cr
2Emmvee Photovoltaic Power Ltd EMMVEE₹1.3K Cr
3Fujiyama Power Systems Ltd UTLSOLAR₹294 Cr
4Saatvik Green Energy Ltd SAATVIKGL₹246 Cr
5Indosolar Ltd WAAREEINDO⚠ unverified₹166 Cr
Profit growthfastest growers
1Emmvee Photovoltaic Power Ltd EMMVEE100%
2ABB India Ltd ABB67%
3Fujiyama Power Systems Ltd UTLSOLAR62%
4Vidya Wires Ltd VIDYAWIRES⚠ unverified41%
5Prostarm Info Systems Ltd PROSTARM⚠ unverified19%
Net profit · company comparison
8/14 level · 7/14 change
All-company data · latest reported quarter
CompanyNet profitProfit growthReported
Emmvee Photovoltaic Power Ltd EMMVEE₹380 Cr102%Jun 2026
ABB India Ltd ABB₹362 Cr2.8%Jun 2026
Fujiyama Power Systems Ltd UTLSOLAR₹58 Cr-15%Jun 2026
Hindusthan Insulators & Industries Ltd 539984₹37 Cr-259%Jun 2026
Indosolar Ltd WAAREEINDO⚠ unverified₹37 Cr-68%Jun 2026
GP Eco Solutions India Ltd GPECO₹33 Cr450%Mar 2026
Yash Highvoltage Ltd 544310₹24 Cr60%Mar 2026
Vivid Electromech Ltd VIVIDEL⚠ unverified₹22 Cr38%Mar 2026
Indo SMC Ltd 544681₹21 Cr320%Mar 2026
Vidya Wires Ltd VIDYAWIRES⚠ unverified₹17 Cr42%Jun 2026
Parth Electricals & Engineering Ltd PARTH₹8 Cr33%Mar 2026
Saakshi Medtech & Panels Ltd SAAKSHI₹6 Cr500%Mar 2026
Saatvik Green Energy Ltd SAATVIKGL₹5 Cr-95%Jun 2026
Prostarm Info Systems Ltd PROSTARM⚠ unverified₹5 Cr150%Jun 2026
Full 20-quarter history · every available company

Net profit · reported quarter history

Showing the 12 largest of 14 companies with a series here. The remaining 2 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

ABB India Ltd · ABB

—
—
₹80 Cr
₹146 Cr
—
—
—
—
—
—
—
—
₹440 Cr
₹528 Cr
₹475 Cr
₹352 Cr
₹409 Cr
₹433 Cr
₹1.8K Cr
₹362 Cr

Emmvee Photovoltaic Power Ltd · EMMVEE

—
—
—
—
—
—
—
—
—
—
—
₹28 Cr
₹35 Cr
₹99 Cr
₹207 Cr
₹188 Cr
₹238 Cr
₹264 Cr
₹392 Cr
₹380 Cr

Fujiyama Power Systems Ltd · UTLSOLAR

—
—
—
—
—
—
—
—
—
—
—
₹38 Cr
₹32 Cr
₹30 Cr
₹51 Cr
₹68 Cr
₹63 Cr
₹67 Cr
₹106 Cr
₹58 Cr

Hindusthan Insulators & Industries Ltd · 539984

—
—
—
₹-9 Cr
₹-27 Cr
₹-13 Cr
₹-8 Cr
₹-1 Cr
₹0 Cr
₹-1 Cr
₹0 Cr
₹-1 Cr
₹27 Cr
₹0 Cr
₹-28 Cr
₹0 Cr
₹-43 Cr
₹15 Cr
₹21 Cr
₹37 Cr

Indo SMC Ltd · 544681

—
—
—
—
—
—
—
—
—
—
—
—
—
—
₹5 Cr
—
₹9 Cr
₹12 Cr
₹21 Cr
—

Indosolar Ltd · WAAREEINDO⚠ unverified

—
—
—
—
—
₹-1 Cr
₹-9 Cr
₹-2 Cr
₹-3 Cr
₹-5 Cr
₹-5 Cr
₹-5 Cr
₹9 Cr
₹10 Cr
₹40 Cr
₹117 Cr
₹46 Cr
₹41 Cr
₹42 Cr
₹37 Cr

Parth Electricals & Engineering Ltd · PARTH

—
—
—
—
—
—
—
—
—
—
—
—
₹4 Cr
—
₹6 Cr
—
₹6 Cr
—
₹8 Cr
—

Prostarm Info Systems Ltd · PROSTARM⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
₹14 Cr
₹7 Cr
₹7 Cr
₹2 Cr
₹8 Cr
₹15 Cr
₹8 Cr
₹5 Cr

Saatvik Green Energy Ltd · SAATVIKGL

—
—
—
—
—
—
—
₹14 Cr
—
—
₹64 Cr
₹21 Cr
₹61 Cr
₹40 Cr
₹95 Cr
₹119 Cr
₹83 Cr
₹97 Cr
₹60 Cr
₹5 Cr

Vidya Wires Ltd · VIDYAWIRES⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
₹8 Cr
₹11 Cr
₹13 Cr
₹12 Cr
₹10 Cr
₹15 Cr
₹20 Cr
₹17 Cr

Vivid Electromech Ltd · VIVIDEL⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
—
₹16 Cr
—
₹9 Cr
—
₹22 Cr
—

Yash Highvoltage Ltd · 544310

—
—
—
—
—
—
—
—
—
—
—
—
₹6 Cr
—
₹15 Cr
—
₹14 Cr
—
₹24 Cr
—

Profit growth · reported quarter history

Showing the 12 largest of 14 companies with a series here. The remaining 2 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

ABB India Ltd · ABB

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
-7.1%
-18%
276%
2.8%

Emmvee Photovoltaic Power Ltd · EMMVEE

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
571%
580%
167%
89%
102%

Fujiyama Power Systems Ltd · UTLSOLAR

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
79%
97%
123%
108%
-15%

Hindusthan Insulators & Industries Ltd · 539984

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
-259%
—
—
—

Indo SMC Ltd · 544681

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
320%
—

Indosolar Ltd · WAAREEINDO⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
411%
310%
5.0%
-68%

Parth Electricals & Engineering Ltd · PARTH

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
50%
—
33%
—

Prostarm Info Systems Ltd · PROSTARM⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
-41%
100%
17%
150%

Saatvik Green Energy Ltd · SAATVIKGL

—
—
—
—
—
—
—
—
—
—
—
52%
—
—
48%
459%
36%
140%
-36%
-95%

Vidya Wires Ltd · VIDYAWIRES⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
25%
36%
54%
42%

Vivid Electromech Ltd · VIVIDEL⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
38%
—

Yash Highvoltage Ltd · 544310

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
133%
—
60%
—
10 · compare level, then change

Return On Capital Employed

Indosolar Ltd has the highest ROCE among the 14 Electric Equipment - General companies compared here, at 124%. Vivid Electromech Ltd is next at 58.6%. Emmvee Photovoltaic Power Ltd has the highest ROCE change at +19.1 percentage points, so level and change sit with different companies. 14 of 14 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Indosolar Ltd leads ROCE at 124%, 65.4 percentage points above Vivid Electromech Ltd. Emmvee Photovoltaic Power Ltd has the strongest latest improvement at +19.1 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

LeaderIndosolar Ltd · 124%
Gap111.6% versus #2 · Vivid Electromech Ltd
Persistence6/8 recent comparable periods
Coverage14/14 companies · 50 observations

Investor read: Indosolar Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
1Indosolar Ltd WAAREEINDO⚠ unverified124%
2Vivid Electromech Ltd VIVIDEL⚠ unverified59%
3Emmvee Photovoltaic Power Ltd EMMVEE45%
4GP Eco Solutions India Ltd GPECO38%
5Indo SMC Ltd 54468134%
ROCE changefastest improvers
1Emmvee Photovoltaic Power Ltd EMMVEE+19.1 pp
2Hindusthan Insulators & Industries Ltd 539984+14.0 pp
3GP Eco Solutions India Ltd GPECO+13.0 pp
4Saakshi Medtech & Panels Ltd SAAKSHI+8.0 pp
5Indosolar Ltd WAAREEINDO⚠ unverified−3.5 pp
Return on capital · company comparison
14/14 level · 12/14 change

Withheld from this chart: ABB India Ltd (ABB) — its two data sources disagree by up to 8% on reported income across 10 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

All-company data · latest reported quarter
CompanyROCEROCE changeReported
Indosolar Ltd WAAREEINDO⚠ unverified112%−3.5 ppJun 2026
Vivid Electromech Ltd VIVIDEL⚠ unverified48%—Mar 2026
Emmvee Photovoltaic Power Ltd EMMVEE47%+19.1 ppJun 2026
Saatvik Green Energy Ltd SAATVIKGL31%−30.2 ppJun 2026
Fujiyama Power Systems Ltd UTLSOLAR29%−11.7 ppJun 2026
Vidya Wires Ltd VIDYAWIRES⚠ unverified17%−16.0 ppJun 2026
Prostarm Info Systems Ltd PROSTARM⚠ unverified15%−24.5 ppJun 2026
Full 20-quarter history · every available company

ROCE · reported quarter history

Emmvee Photovoltaic Power Ltd · EMMVEE

—
—
—
—
—
—
—
—
—
—
—
—
—
—
22%
28%
35%
43%
34%
47%

Fujiyama Power Systems Ltd · UTLSOLAR

—
—
—
—
—
—
—
—
—
—
—
—
27%
—
41%
42%
41%
64%
29%
—

Indosolar Ltd · WAAREEINDO⚠ unverified

—
—
—
—
-52%
—
-45%
—
339%
-114%
-4.9%
-12%
4.1%
24%
70%
115%
77%
106%
75%
112%

Prostarm Info Systems Ltd · PROSTARM⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
28%
39%
43%
13%
25%
15%
—

Saatvik Green Energy Ltd · SAATVIKGL

—
—
—
—
—
—
—
—
—
—
47%
54%
—
62%
62%
115%
38%
67%
31%
—

Vidya Wires Ltd · VIDYAWIRES⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
17%
—
33%
32%
28%
42%
17%
—

Vivid Electromech Ltd · VIVIDEL⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
11%
21%
31%
48%
—

ROCE change · reported quarter history

Emmvee Photovoltaic Power Ltd · EMMVEE

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
+11.6 pp
+19.1 pp

Fujiyama Power Systems Ltd · UTLSOLAR

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
+14.3 pp
—
−11.7 pp
—

Indosolar Ltd · WAAREEINDO⚠ unverified

—
—
—
—
—
—
—
—
+390.7 pp
—
+40.2 pp
—
−334.4 pp
+137.9 pp
+75.0 pp
+127.1 pp
+72.7 pp
+82.4 pp
+5.3 pp
−3.5 pp

Prostarm Info Systems Ltd · PROSTARM⚠ unverified

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Saatvik Green Energy Ltd · SAATVIKGL

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Vidya Wires Ltd · VIDYAWIRES⚠ unverified

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11 · compare level, then change

Valuation Against Growth & Quality

Saatvik Green Energy Ltd has the lowest PEG among the 14 Electric Equipment - General companies compared here, at 0.65×. Emmvee Photovoltaic Power Ltd is next at 0.92×. Indosolar Ltd has the lowest P/E at 7.43×, so level and change sit with different companies. 2 of 14 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Saatvik Green Energy Ltd has the lowest comparable PEG at 0.65×, 29.3% below Emmvee Photovoltaic Power Ltd. Only 2 of 14 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderSaatvik Green Energy Ltd · 0.65×
Gap29.3% versus #2 · Emmvee Photovoltaic Power Ltd
Persistence0/4 recent comparable periods
Coverage2/14 companies · 1 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.
PEGlowest PEG
1Saatvik Green Energy Ltd SAATVIKGL0.7
2Emmvee Photovoltaic Power Ltd EMMVEE0.9
P/Elowest P/E
1Indosolar Ltd WAAREEINDO⚠ unverified7.4
2GP Eco Solutions India Ltd GPECO11.9
3Hindusthan Insulators & Industries Ltd 53998413.0
4Emmvee Photovoltaic Power Ltd EMMVEE17.5
5Saatvik Green Energy Ltd SAATVIKGL21.9
Valuation · company comparison
2/14 level · 14/14 change
All-company data · latest reported quarter
CompanyPEGP/EReported
Saatvik Green Energy Ltd SAATVIKGL0.716.4Jun 2026
Hindusthan Insulators & Industries Ltd 539984—29.4Jun 2026
Yash Highvoltage Ltd 544310—42.6Mar 2026
Indo SMC Ltd 544681—15.9Mar 2026
ABB India Ltd ABB—97.9Jun 2026
Emmvee Photovoltaic Power Ltd EMMVEE—22.0Jun 2026
Fujiyama Power Systems Ltd UTLSOLAR—32.5Jun 2026
Vidya Wires Ltd VIDYAWIRES⚠ unverified—36.8Jun 2026
Indosolar Ltd WAAREEINDO⚠ unverified—6.8Jun 2026
Prostarm Info Systems Ltd PROSTARM⚠ unverified—24.4Jun 2026
Saakshi Medtech & Panels Ltd SAAKSHI—42.4Mar 2026
GP Eco Solutions India Ltd GPECO—21.8Mar 2026
Full 20-quarter history · every available company

PEG · reported quarter history

Saatvik Green Energy Ltd · SAATVIKGL

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0.7
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P/E · reported quarter history

ABB India Ltd · ABB

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63.1
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Emmvee Photovoltaic Power Ltd · EMMVEE

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Fujiyama Power Systems Ltd · UTLSOLAR

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GP Eco Solutions India Ltd · GPECO

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Hindusthan Insulators & Industries Ltd · 539984

186.9
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Indo SMC Ltd · 544681

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Indosolar Ltd · WAAREEINDO⚠ unverified

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Prostarm Info Systems Ltd · PROSTARM⚠ unverified

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Saakshi Medtech & Panels Ltd · SAAKSHI

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Saatvik Green Energy Ltd · SAATVIKGL

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Vidya Wires Ltd · VIDYAWIRES⚠ unverified

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Yash Highvoltage Ltd · 544310

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12 · before the conclusion, check the blind spots

What can make this comparison misleading?

This Electric Equipment - General comparison names 7 specific ways its own evidence can mislead, all listed below. All 14 companies here report on comparable dates, so no rank carries a stale marker. 4 draw at least one figure from a second feed with too little overlap to cross-check. 1 has second-feed figures withheld because the two sources disagree.

Keep these limits visible

  • A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
  • A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
  • The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
  • 4 companies draw at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; they are marked unverified wherever those figures appear.
  • 1 company is missing from the second-feed metrics by decision, not by absence: the two sources disagree, so nothing from the second is drawn. Read those rows as narrower evidence, never as a weaker business.
  • Thin comparisons: Valuation have fewer than three usable current readings.
13 · evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 14 Electric Equipment - General companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-08-14. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-08-14 · weekly price and relative-strength history
Derived metricsGrowth, changes and PEG are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Source standing3 cross-checked · 10 unverified · 1 withheld, of 14 graded companies.
How a second data feed is admitted, and what happens when it disagrees

A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from.

14 · questions investors ask, short speakable answers

Electric Equipment - General company comparison FAQs

These 24 answers restate the Electric Equipment - General comparison above in question form. Every one is computed from the same 14 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-08-14. Nothing here is estimated, and none of it is a recommendation.

Is the Electric Equipment - General sector outperforming NIFTY 500?

Electric Equipment - General has outperformed NIFTY 500 by 66.2% over 52 weeks and 12.8% over 13 weeks. 5 of 8 covered companies beat NIFTY on Mansfield relative strength, while 2 of 5 beat the sector itself.

Which Electric Equipment - General company is largest by revenue?

ABB India Ltd leads with revenue of ₹13,477 crore, based on 8 of 14 comparable companies through Jun 2026.

Which Electric Equipment - General company is growing fastest?

Fujiyama Power Systems Ltd has the fastest current revenue growth at 95%, across 8 of 14 comparable companies.

Which Electric Equipment - General company has the strongest 4-Factor Sector Score?

Emmvee Photovoltaic Power Ltd ranks first at 73/100 with 73% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Electric Equipment - General company has the lowest comparable PEG?

Saatvik Green Energy Ltd has the lowest comparable PEG at 0.65, among 2 of 14 companies whose earnings and growth are steady enough for the ratio to mean anything.

How much history does this Electric Equipment - General comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

Is there a Nifty Electric Equipment - General index?

NSE India maintains Nifty indices for several broad sector categories — Nifty Bank, Nifty IT, Nifty Pharma and others — but not for every sub-sector grouping on this site. Whether or not an official Nifty index covers Electric Equipment - General, this page builds its own equal-weight basket of 14 listed Electric Equipment - General companies — one company, one vote, regardless of market value — so no single large company dominates the reading. Figures are as of Jun 2026.

Which are the best Electric Equipment - General stocks in India?

Ranked by this page's four-factor score, Emmvee Photovoltaic Power Ltd places first among 14 listed Electric Equipment - General companies, followed by Fujiyama Power Systems Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.

How many Electric Equipment - General stocks are listed in India?

This comparison covers 14 listed Electric Equipment - General companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.

Which Electric Equipment - General company is the biggest?

ABB India Ltd is the largest, with trailing-twelve-month revenue of ₹13,477 crore, ahead of Emmvee Photovoltaic Power Ltd at ₹5,578 crore. That covers 8 of 14 companies with comparable reporting through Jun 2026.

Which Electric Equipment - General company has the best profit margins?

Indosolar Ltd has the highest operating margin at 71%, from 14 of 14 comparable companies. Indosolar Ltd shows the biggest improvement (+38 percentage points — see the chart above for the starting level). A high margin matters most when it is holding or rising, not when it is peaking.

Which Electric Equipment - General company makes the most profit?

ABB India Ltd earns the most, at ₹2,988 crore of trailing-twelve-month net profit, from 8 of 14 comparable companies. Emmvee Photovoltaic Power Ltd has the fastest profit growth at the ≥100% scoring cap, though growth off a small or recovering profit base overstates how much has actually changed.

Which Electric Equipment - General company earns the highest return on capital?

Indosolar Ltd leads on return on capital employed at 124%, across 14 of 14 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which Electric Equipment - General stock is the cheapest?

On PEG — where a LOWER number is cheaper — Saatvik Green Energy Ltd screens cheapest at 0.65×. Only 2 of 14 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Is the Electric Equipment - General sector beating the market?

Electric Equipment - General has outperformed NIFTY 500 by 66.2% over the last 52 weeks and 12.8% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 5 of 8 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

Which Electric Equipment - General stock has the strongest price momentum?

Hindusthan Insulators & Industries Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Electric Equipment - General company scores highest for research priority?

Emmvee Photovoltaic Power Ltd scores 73 out of 100 with 73% evidence confidence, from 29.4 points on growth and earnings, 18.8 on capital efficiency, 14.8 on valuation and 10 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Electric Equipment - General companies does this comparison cover, and over what period?

It compares 14 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Electric Equipment - General sector?

The 14 Electric Equipment - General companies on this page carry ₹2,14,650 crore of combined market value. ABB India Ltd is the largest at ₹1,62,089 crore, about 76% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-18.

What is the Electric Equipment - General sector's P/E ratio?

The median price-to-earnings ratio across the 14 Electric Equipment - General companies on this page is 31.1×, measured on the 14 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-08-18.

How is the Electric Equipment - General sector performing?

5 of the 8 covered Electric Equipment - General companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 66.2% ahead of NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-18.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

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