Electronics Stocks and Companies in India

The largest Electronics stocks in India by market value are Honeywell Automation India (₹26,352 crore), Sahasra Electronic Solutions (₹1,086 crore) and B C C Fuba India (₹700 crore), at prices of 4 Nov 2026.

• Honeywell Automation India: ₹29,810 | market value ₹26,352 crore | P/E 45.9
• Sahasra Electronic Solutions: ₹434.40 | market value ₹1,086 crore | P/E 76.5
• B C C Fuba India: ₹287.60 | market value ₹700 crore | P/E 83.0
• CWD: ₹308 (price from the week of 23 Aug 2026) | market value ₹700 crore | P/E 63
• Merritronix: ₹401.80 | market value ₹703 crore | P/E 43.7
• OSEL Devices: ₹366.95 | market value ₹653 crore | P/E 22.3
• Digilogic Systems: ₹190.40 | market value ₹552 crore | P/E 41.2

Share price | market value | P/E, biggest first. Prices, market values and ratios at the official close of 4 Nov 2026; the score list below uses the weekly figures.

Ranked by the 4-Factor Sector Score (growth & earnings 35, capital efficiency 25, valuation 20, relative strength 20). Prices as of 30 Oct 2026.

All 7 listed Indian Electronics - Others companies are named here, largest first. This is the set of companies people mean when they search for a Nifty Electronics - Others index; NSE publishes its own indices only for the largest sectors, so this equal-weighted set stands in for one. One large company cannot set the reading.

1. Honeywell Automation India Ltd₹26,100 cr
2. Sahasra Electronic Solutions Ltd₹1,060 cr
3. B C C Fuba India Ltd₹702 cr
4. CWD Ltd₹700 cr
5. Merritronix Ltd₹689 cr
6. OSEL Devices Ltd₹597 cr
7. Digilogic Systems Ltd₹563 cr

7 Electronics companies in the Electronics - Others industry group have a page on Sector Alpha, by market value as of 30 October 2026, and all 7 are listed below, largest first. The largest is Honeywell Automation India (₹26,069 crore) and the smallest with a market value is Digilogic Systems.

Download all 7 Electronics companies (CSV)

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the last two years (104 weeks) this sector is 90% ahead of NIFTY 500. Earnings across its companies grew 31% on average over the last four reported quarters. It has been ahead of NIFTY 500 on a rolling three-month view for 29 weeks running.

Price and the fundamentals both up. 3 of the 6 companies with a long enough price record pass the momentum test (5+ points ahead of the Nifty 500 over 3 months, within 20% of the 52-week high). 1 is 20% or more behind over a year while earnings grew 20% or more.

Ahead of NIFTY 500 on the three-month view for 29 weeks running; 4 of the 6 companies in the industry index above their 200-day average (no change from four weeks earlier); 3 of those 6 pass the momentum test (1 more than four weeks earlier); earnings rising at 5 of the 5 that report earnings.

Ahead of NIFTY 500 for 29 weeks running and +38.3% over a year, with 2 → 3 of 6 stocks participating. Earnings confirming, 5 of 5 members have higher trailing twelve-month earnings than a year ago.

Both lines start at 200 in the same week, so the gap between them tells the story: the sector line is an equal-weighted index of 6 of its 7 companies (the 1 with too short a price record are ranked in the scorecard but cannot sit in this line). The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member set to 100 at the start and the sector taking the middle value, so a price line pulling away from flat bars means the market is paying more for the same earnings. A bar turns grey when that figure is lower than the quarter before. The rules are fixed and the same 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 or tap any point to read both values and the gap.

Electronics - Others has done better than the NIFTY 500 by 27.9% over the last 52 weeks. Over 13 weeks the gap is a lead of 25.1%. Sahasra Electronic Solutions Ltd is the strongest against the sector itself at +23.6%. Readings are as of 30 October 2026.

Relative-strength score for the industry: 58.0 as of 30 October 2026 (leaders, rising).

Electronics - Others has done better than the NIFTY 500 by 27.9% over 52 weeks and by 25.1% over 13 weeks. 2 of 7 companies we track are beating the NIFTY on relative strength (how a share price has done against the index over recent months) (3 have no relative-strength reading yet).

A score that ranks each company against the others in its industry. The four parts shown always add up to the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or old evidence affects only its own part, never as a hidden adjustment.

B C C Fuba India Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 60.8% evidence confidence.

Ranked last: too little evidence (5 companies)

Under 60% of the evidence behind these scores is available, so they rank after every company above, whatever the score.

Sahasra Electronic Solutions Ltd has the strongest one-year price move in Electronics - Others at +62.7%. B C C Fuba India Ltd leads on relative strength against the NIFTY, at +67.3%. 2 of 7 companies we track are ahead of the index on that measure (3 have no relative-strength reading yet). Every line covers 313 weekly closes through 30 October 2026.

Price and relative strength

Price · same starting point: 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.

RS vs NIFTY 500: How far ahead of or behind NIFTY 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS NIFTY 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.

RS vs sector: The same measure taken against Electronics - Others itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.

Biggest one-year moves

Strongest against NIFTY 500

Strongest against the sector itself

That is the durable pattern our own study rewards, the price index barely moved (−3.7%) while profits did the work. But the mechanics carry two warnings. In the week of 13 July 2026, 66.7% of 3 Electronics - Others companies were beating the Nifty 500, against 50% on 2 March 2026.

From our industry review of 19 July 2026. A newer review (10 October 2026) did not cover Electronics - Others, so this is the latest we have.

1 of 8 Electronics - Others companies held a results call for July to September 2026. Digilogic Systems guided: FY27 revenue growth 25-30%.

From the results calls for July to September 2026.

Big funds, foreign and Indian, cut their stake by 0.5 points over the last two quarters. Founders and promoters cut theirs by 0.5 points.

• Spending on new plants and equipment was ₹3,161 crore in the last 12 months, 2123% more than a year before.
• Projects still being built grew 159% in a year.

Big funds = foreign and Indian institutions, change in their share of ownership across 6 Electronics - Others companies, in percentage points.

Ownership and spending as of 10 October 2026.

This is the written read behind the Electronics - Others figures above: what is actually happening in the industry, in words, with the evidence each claim rests on. It is dated 29 Jul 2026, so the words are older than the numbers. 4 themes are live here, 1 of them rated high severity.

The sector exhibits growth with compliance friction. PRIZOR shows higher top-line expansion, while HONAUT demonstrates margin discipline. However, the absence of quantitative guidance from both constituents warrants a neutral stance. Regulatory adherence is becoming a prerequisite for revenue realization rather than just a cost center.

The Electronics - Others sector sample comprising HONAUT and PRIZOR displays divergent growth trajectories but shared regulatory exposure. HONAUT reported Q4 FY26 revenue from operations of ₹1,180.70 crore, representing a 5.94% YoY increase. Profitability outpaced top-line growth, with EBITDA margin expanding to 15.6%.

How old this read is: OLD: this read comes from our Electronics - Others sector brief dated 29 Jul 2026, about 3 months ago. The page says so rather than dressing it up, and a fresh sector dive replaces it the day it runs.

What is live in this sector right now

Sources: our Electronics - Others sector brief, 29 Jul 2026 · company earnings-call transcripts.

Honeywell Automation India Ltd has the highest Revenue among the 7 Electronics - Others companies compared here, at ₹4,778 crore. CWD Ltd is next at ₹181 crore. CWD Ltd has the highest Revenue growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: Honeywell Automation India Ltd is the largest at ₹4,778 crore, 26.4× the revenue of CWD Ltd. CWD Ltd's growth is capped at 100% on the scoring scale; the full change over the last 12 months is 311.4% from a ₹181 crore base, with 9 reported quarters out of the last 20. Fast growth from a smaller base is not yet the same as proven size.

What this means: Honeywell Automation India Ltd is the size to compare against; CWD Ltd is the one growing fastest. The faster grower has to keep that growth and turn it into margin and returns before it counts as more than a fast start.

This conclusion weakens if: Honeywell Automation India Ltd's growth falls below CWD 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.

Revenue · company comparison

Revenue · largest

Revenue growth · fastest growers

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.

Revenue shows both size and speed. A large company can absorb shocks and pay for wide distribution; faster growth can mean market-share gains, new capacity or stronger demand. The best sign is usually growth that lasts without hurting margins and returns.

B C C Fuba India Ltd has the highest OPM among the 7 Electronics - Others companies compared here, at 23.9%. OSEL Devices Ltd is next at 20%. Sahasra Electronic Solutions Ltd has the highest Margin change at +11.1 percentage points, so level and change sit with different companies. Its OPM series carries 19 reported observations across the 20-quarter window.

What the numbers say: B C C Fuba India Ltd leads opm at 23.9%; Sahasra Electronic Solutions Ltd leads margin change at +11.1 percentage points.

What this means: B C C Fuba India Ltd sets the level to compare against; the company improving fastest needs another report to confirm the change.

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.

Operating margin · company comparison

OPM · highest

Margin change · fastest expanders

All-company data · latest reported quarter

Honeywell Automation India Ltd has the highest Net profit among the 7 Electronics - Others companies compared here, at ₹566 crore. CWD Ltd is next at ₹12 crore. B C C Fuba India 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: Honeywell Automation India Ltd earns the most, ₹566 crore of profit over the last 12 months, 47.2× the profit of CWD Ltd. B C C Fuba India Ltd shows at least 100% on the scoring scale (101.2% in full) growth from a profit base of ₹8 crore. A fast rate from a small base matters less than a large profit that keeps coming.

What this means: Honeywell Automation India Ltd sets the level to compare against; the company improving fastest needs another report to confirm the change.

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 profit · company comparison

Net profit · largest

Profit growth · fastest growers

All-company data · latest reported quarter

Merritronix Ltd has the highest ROCE among the 7 Electronics - Others companies compared here, at 41.1%. OSEL Devices Ltd is next at 24.4%. CWD Ltd has the highest ROCE change at +8 percentage points, so level and change sit with different companies. 7 of 7 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Merritronix Ltd leads ROCE at 41.1%, 16.7 percentage points above OSEL Devices Ltd. A high return reported once may be one good year; a high return reported year after year shows a lasting business.

What this means: Merritronix Ltd sets the level to compare against; the company improving fastest needs another report to confirm the change.

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.

Return on capital · company comparison

Withheld from this chart: Sahasra Electronic Solutions Ltd (SAHASRA): its two data sources disagree by up to 82% on reported income across 4 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.

ROCE · highest

ROCE change · fastest improvers

All-company data · latest reported quarter

Honeywell Automation India Ltd has the lowest PEG among the 7 Electronics - Others companies compared here, at 3.64×. OSEL Devices Ltd has the lowest P/E at 20.4×, so level and change sit with different companies. 1 of 7 companies report a comparable reading, the latest through Sep 2026. Its PEG series carries 7 reported observations across the 20-quarter window.

What the numbers say: That would need today's multiple, the company's own history and steady growth to agree.

What this means: A low valuation is a reason to look closer at the business, not a conclusion on its own.

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 worked out the same way every time, as the P/E on the last 12 months of reported earnings divided by that growth rate, never on expected earnings. 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.

Valuation · company comparison

PEG · lowest PEG

P/E · lowest P/E

All-company data · latest reported quarter

Electronics - Others companies show up on 5 of our India lists. The most are on the momentum stocks list (3 companies).

This Electronics - Others comparison names 7 specific ways its own evidence can mislead, all listed below. 4 of the 7 companies report on an older date than the sector's freshest reporters, so their ranks are marked stale. 1 has second-source figures left out because the two sources disagree.

Keep these limits visible

• A high growth rate can come from a very small starting figure. The page keeps level and change separate for that reason.
• A high ROCE can be temporary, or look high because the capital base is small. It is best read beside margin, cash flow and how much is spent back on the business.
• The 4-Factor Sector Score ranks published data only. Management quality, upcoming events and risks are not part of it.
• An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
• 4 companies have older fundamental reporting dates than the sector’s freshest reporters; their ranks carry a stale marker.
• 1 company is missing from the second-source figures on purpose: the two sources disagree, so nothing from the second is drawn. Those rows have less evidence; that does not make the business weaker.
• Thin comparisons: Valuation have fewer than three usable current readings.

This comparison is built from the reported filings of 7 Electronics - Others companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Sep 2026 and market data through 30 October 2026.

1 of 7 companies has a second data feed that is known to disagree with the primary source, so nothing from it is drawn: Sahasra Electronic Solutions Ltd (SAHASRA): its two data sources disagree by up to 82% on reported income across 4 comparable periods, so its derived ratios are withheld.

These 24 answers restate the Electronics - Others comparison above in question form. Every one is computed from the same 7 companies and the same reported filings as the rankings and charts, current through Sep 2026. Price and relative-strength answers run through 30 October 2026. Nothing here is estimated, and none of it is a recommendation.