Utilities stocks in India
28 listed companies in Utilities, largest first. Each company's page has its results, who owns it and its valuation.
- CompaniesListed companies. Companies classified in Utilities whose shares traded on the latest trading day.
- 28
- Median ROCEMedian return on capital employed. The middle figure of the 24 companies' ROCE for the year to Mar 2026, half above and half below. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them.
- 15.5%year to Mar 2026
The largest companies
The 12 largest Utilities companies, each sized by its market cap.
Market cap, ₹ crore
- VA Tech Wabag₹10,689 Cr
- ION Exchange (India)₹4,954 Cr
- Refex Industries₹3,109 Cr
- Enviro Infra Engineers₹2,833 Cr
- Technocraft Ventures₹1,909 Cr
- EMS₹1,582 Cr
- Rajesh Power Services₹1,316 Cr
- Antony Waste Handling Cell₹796 Cr
- Namo eWaste Management₹762 Cr
- Effwa Infra & Research₹750 Cr
- Eco Recycling₹735 Cr
- Denta Water and Infra Solutions₹632 Cr
Every Utilities company
VA Tech WabagWABAG · Other Utilities₹1,710.40−3.49%₹10,689 Cr–15.8%0.29%+21.4%
ION Exchange (India)IONEXCHANG · Other Utilities₹337.75−2.89%₹4,954 Cr50.56.0%0.37%−16.4%
Refex IndustriesREFEX · Other Utilities₹226.55−3.78%₹3,109 Cr12.624.3%0.44%−35.3%
Enviro Infra EngineersEIEL · Other Utilities₹161.39−5.63%₹2,833 Cr15.715.6%None−33.5%- Technocraft VenturesTECHNOCRAF · Other Utilities₹482.00−2.12%₹1,909 Cr––None–
EMSEMSLIMITED · Other Utilities₹284.85−3.38%₹1,582 Cr23.28.4%0.53%−46.9%
Rajesh Power ServicesRAJESH · Other Utilities₹730.55−4.68%₹1,316 Cr9.236.8%0.14%−52.5%
Antony Waste Handling CellAWHCL · Other Utilities₹280.50−4.27%₹796 Cr13.67.4%0.18%−47.1%
Namo eWaste ManagementNAMOEWASTE · Other Utilities₹333.35+1.32%₹762 Cr53.1–None+63.4%
Effwa Infra & ResearchEFFWA · Other Utilities₹323.85−1.52%₹750 Cr26.2–0.31%+54.7%
Eco RecyclingECORECO · Other Utilities₹380.65−4.20%₹735 Cr30.627.0%0.26%−37.1%
Denta Water and Infra SolutionsDENTA · Other Utilities₹236.70+2.40%₹632 Cr11.813.7%1.06%−42.3%
JITF InfralogisticsJITFINFRA · Other Utilities₹238.35−4.43%₹613 Cr–13.3%None−31.1%
Z-Tech (India)ZTECH · Other Utilities₹403.45−3.67%₹600 Cr16.3–None−30.0%
Concord Enviro SystemsCEWATER · Other Utilities₹229.90−4.49%₹476 Cr–−0.4%None−53.6%
Hi-Green CarbonHIGREEN · Other Utilities₹139.85+1.93%₹349 Cr101.8–None−30.0%
VVIP InfratechVVIPIL · Other Utilities₹129.10−5.90%₹322 Cr10.7–None−16.7%
Organic Recycling SystemsORGANICREC · Other Utilities₹201.15−1.37%₹314 Cr12.5–None+18.3%
Felix IndustriesFELIX · Other Utilities₹177.85−2.25%₹306 Cr15.7–None+1.1%
Apex EcotechAPEXECO · Other Utilities₹228.80−1.10%₹302 Cr17.7–None+75.5%
Race Eco ChainRACE · Other Utilities₹105.69−2.46%₹182 Cr23.97.1%None−52.2%
Urban Enviro Waste ManagementURBAN · Other Utilities₹143.10+11.62%₹124 Cr8.3–None−12.9%
Sattva Engineering ConstructionSATTVAENGG · Other Utilities₹46.05−1.81%₹80 Cr6.1–None−45.2%
GEM Enviro ManagementGEMENVIRO · Other Utilities₹35.00−2.75%₹79 Cr16.8–0.71%−32.9%
Greenleaf EnvirotechGREENLEAF · Other Utilities₹106.40−4.96%₹63 Cr8.7–None−18.2%
Filtra Consultants and EngineersFILTRA · Other Utilities₹56.580.00%₹62 Cr16.7–3.53%−19.2%
EP BiocompositesEPBIO · Other Utilities₹87.00+1.16%₹15 Cr10.0–None−42.0%
Jiya Eco-ProductsJIYAECO · Other Utilities₹18.17+4.97%₹0 Cr0.0−41.8%None–