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List of Top Utility Stocks on NSE in India

India’s utility sector forms the backbone of power, water, and energy distribution across the country. As of September 2025, India’s total installed power capacity crossed 500 GW, with more than 50% coming from non fossil sources. Rising electricity demand, expanding renewable capacity, and grid upgrades continue to shape the performance of utility stocks in India.

Top Utility Stocks in 2025

Utilities Stock Screener

Utilities Stock Screener: Analyse & Filter Indian Stocks on Tickertape

Showing 1 - 20 of 99 results

last updated at 6:30 AM IST 
NameStocks (99)Sub-SectorSub-SectorMarket CapMarket CapClose PriceClose PricePE RatioPE Ratio1D Return1D Return1M Return1M Return6M Return6M Return1Y Return1Y ReturnPB RatioPB RatioReturn on EquityReturn on EquityROCEROCEDividend YieldDiv YieldDebt to EquityDebt to EquityVolatility vs NiftyVolatility vs Nifty
1.NTPC LtdNTPCPower GenerationPower Generation3,15,190.133,15,190.13325.05325.0513.4613.460.760.76-1.48-1.48-2.59-2.59-8.59-8.591.651.6513.1513.1510.7710.772.572.571.311.311.661.66
2.Adani Power LtdADANIPOWERPower GenerationPower Generation2,78,644.552,78,644.55144.49144.4921.5421.542.782.78-7.60-7.6027.3827.3833.8233.824.824.8225.5925.5920.4220.42--0.680.683.603.60
3.Power Grid Corporation of India LtdPOWERGRIDPower Transmission & DistributionPower Transmission & Distribution2,45,163.922,45,163.92263.60263.6015.8015.80-0.45-0.45-1.62-1.62-8.79-8.79-19.93-19.932.652.6517.2617.2612.4012.403.413.411.411.411.771.77
4.Adani Green Energy LtdADANIGREENRenewable EnergyRenewable Energy1,71,339.261,71,339.261,040.201,040.20118.66118.662.102.10-3.39-3.392.402.40-14.59-14.597.597.597.227.228.218.21--3.553.553.253.25
5.Tata Power Company LtdTATAPOWERPower Transmission & DistributionPower Transmission & Distribution1,22,045.991,22,045.99381.95381.9530.7330.730.470.47-3.29-3.29-4.90-4.90-11.90-11.902.862.869.819.819.959.950.650.651.481.481.911.91
6.Adani Energy Solutions LtdADANIENSOLPower InfrastructurePower Infrastructure1,21,485.711,21,485.711,011.301,011.30114.61114.611.171.170.970.9715.3215.3223.6123.615.285.285.775.776.776.77--1.751.752.852.85
7.Gail (India) LtdGAILGas DistributionGas Distribution1,12,243.181,12,243.18170.71170.719.029.021.041.04-7.51-7.51-11.17-11.17-16.82-16.821.321.3215.3315.3315.1415.144.394.390.250.252.172.17
8.Siemens Energy India LtdENRINPower GenerationPower Generation1,03,047.031,03,047.032,893.602,893.60252.07252.07-0.41-0.41-10.88-10.885.805.805.805.80--11.6811.6813.0213.02--0.030.032.292.29
9.JSW Energy LtdJSWENERGYPower GenerationPower Generation84,216.3684,216.36482.20482.2043.1743.175.335.33-13.68-13.68-6.70-6.70-29.63-29.632.902.907.797.795.775.770.410.411.731.732.782.78
10.NHPC LtdNHPCRenewable EnergyRenewable Energy77,477.3577,477.3577.1377.1325.7725.770.570.57-6.59-6.59-11.97-11.97-9.30-9.301.721.726.756.756.446.442.482.480.880.882.242.24
11.Ntpc Green Energy LtdNTPCGREENRenewable EnergyRenewable Energy77,126.2077,126.2091.5391.53162.21162.210.720.72-7.53-7.53-15.76-15.76-36.17-36.174.164.163.843.843.483.48--1.051.052.502.50
12.Adani Total Gas LtdATGLGas DistributionGas Distribution65,295.7265,295.72593.70593.7099.7899.781.131.13-4.91-4.91-11.75-11.75-18.72-18.7215.5215.5216.8116.8115.9215.920.040.040.440.443.213.21
13.Torrent Power LtdTORNTPOWERPower Transmission & DistributionPower Transmission & Distribution65,043.8765,043.871,290.801,290.8021.7621.760.630.63-1.25-1.25-7.73-7.73-23.54-23.543.573.5719.4019.4014.8914.891.471.470.490.492.502.50
14.Premier Energies LtdPREMIERENERenewable EnergyRenewable Energy41,284.6641,284.66919.25919.2544.0544.051.591.59-11.67-11.67-10.25-10.25-29.69-29.6914.6314.6353.8353.8334.9434.940.050.050.690.693.343.34
15.SJVN LtdSJVNRenewable EnergyRenewable Energy28,412.4228,412.4272.3072.3034.6634.660.310.31-12.84-12.84-27.67-27.67-38.95-38.952.002.005.805.804.474.472.022.021.901.902.652.65
16.Gujarat Gas LtdGUJGASLTDGas DistributionGas Distribution27,236.1627,236.16395.65395.6523.7223.721.021.02-3.33-3.33-17.09-17.09-22.27-22.273.213.2114.1714.1716.5316.531.471.470.020.022.062.06
17.Indraprastha Gas LtdIGLGas DistributionGas Distribution26,139.4326,139.43186.71186.7115.2215.221.371.37-11.79-11.79-8.09-8.09-3.53-3.532.462.4616.9316.9319.6019.603.753.750.010.012.532.53
18.CESC LtdCESCPower GenerationPower Generation22,543.9822,543.98170.07170.0716.4716.470.470.47-1.34-1.342.532.53-10.84-10.841.791.7911.1411.1410.0410.042.652.651.431.432.492.49
19.Kalpataru Projects International LtdKPILPower InfrastructurePower Infrastructure20,026.5020,026.501,172.701,172.7034.1934.190.330.33-6.79-6.790.560.56-8.57-8.573.103.1010.1110.1118.5018.500.770.770.670.672.742.74
20.Gujarat State Petronet LtdGSPLGas DistributionGas Distribution16,316.9916,316.99289.20289.2014.6914.692.392.39-5.27-5.27-12.75-12.75-24.11-24.111.051.057.427.4213.2613.261.731.730.010.012.062.06

Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.

Selection criteria: Sector: Utilities | Market Cap: Sorted from Highest to Lowest

Overview of Top Utility Stocks in India

NTPC Ltd

NTPC Ltd operates as India’s largest power generation company with a strong presence in thermal, solar, and hydro power. The company supplies electricity to state utilities and distribution companies across regions. Its performance depends on power demand, fuel availability, plant utilisation levels, and policy direction in the energy sector.

Adani Power Ltd

Adani Power runs large-scale thermal power plants across multiple Indian states. The company sells electricity through long-term power purchase agreements and merchant power markets. Business performance depends on coal availability, power tariffs, demand cycles, and regulatory developments that affect pricing and capacity utilisation across its generation portfolio.

Power Grid Corporation of India Ltd

Power Grid Corporation builds and operates high-voltage power transmission networks across India. The company plays a central role in moving electricity from generating stations to distribution centres. Its performance depends on capital expenditure plans, project execution timelines, regulated returns, and the expansion of the national power grid.

Adani Green Energy Ltd

Adani Green Energy develops and operates large-scale renewable power projects focused on solar and wind energy. The company sells power through long-term contracts with the government and private buyers. Business performance depends on project commissioning, renewable capacity additions, power tariffs, and policy support for clean energy.

Tata Power Company Ltd

Tata Power operates across power generation, transmission, distribution, and renewable energy segments. The company owns thermal plants, hydro assets, solar projects, and electric vehicle charging infrastructure. Its performance depends on urban power demand, renewable capacity growth, distribution efficiency, and investments across new energy and infrastructure segments.

What are Utility Sector Stocks?

Utility sector stocks represent companies that provide essential services such as electricity generation, power transmission, water supply, and gas distribution. These businesses operate under regulated frameworks and serve households, industries, and public infrastructure. Their performance reflects demand for basic services, fuel costs, policy decisions, and long-term infrastructure development across India.

How to Invest in Utility Sector Stocks?

Investing in minig stocks in India using Tickertape is a straightforward process. Tickertape is a powerful stock analysis and screening tool that helps you make informed investment decisions. Here’s how you can use Tickertape to invest in utility stocks in India:

  1. Sign Up and Log In: You can create an account on the Tickertape or log in if you already have one.
  2. Search for “Utility”: Go to Tickertape Stock Screener and set the “Sub-sector: Utility” filter
  3. Use Filters: You can apply over 200 filters to get stocks sorted based on criteria like market cap, P/E ratio, or returns. You can create your own custom filter, in case your preferred parameters are not available. This can help you narrow down the top utilities sector stocks in India.
  4. Analyse Stock Data: Tickertape provides comprehensive data on each stock, including financials, performance metrics, future projections, red flags, and more. You can review this data to assess each company’s health and potential in depth.
  5. Add to Watchlist: You may keep track of potential investments by adding them to your watchlist.
  6. Invest Through Your Broker: Once you’ve decided on a stock, you can place a buy order through your brokerage account linked to Tickertape.

You can stay updated with each of your favourite stocks’ alerts and announcements with Tickertape Alerts. Further, you can analyse your overall portfolio and potential red flags in it by connecting it to Tickertape. Check out detailed analysis of your portfolio now!

Advantages of Investing in Utility Stocks

Stable Demand for Essential Services

Utility companies supply electricity, gas, and water that households and industries need every day. This steady demand supports consistent business activity across market cycles.

Predictable Revenue Models

Many utility companies operate under long-term supply agreements and regulated tariffs. These structures support stable cash flows and improve earnings visibility.

Strong Policy and Government Support

The government supports power generation, transmission, renewable energy, and grid upgrades through policies and public investment. These initiatives influence long-term sector activity.

High Entry Barriers

Utility projects require significant capital, approvals, and long setup periods. These barriers limit new competition and protect existing operators.

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Risks of Investing in Utility Stocks

Regulatory and Tariff Risks

Regulators control power tariffs and distribution rules. Delays in tariff approvals or policy changes can affect revenue and cash flow stability.

High Capital and Debt Levels

Utility companies invest heavily in plants, networks, and infrastructure. High borrowing can increase interest costs and pressure balance sheets.

Operational and Project Execution Risks

Delays in project completion, fuel supply issues, and grid constraints can disrupt operations and affect expected output.

Exposure to Fuel and Climate Factors

Thermal utilities depend on coal and gas supply, while renewable utilities depend on weather patterns. These factors influence generation capacity and cost structures.

Factors to Consider Before Investing Utility Stocks

Revenue Mix and Business Segments

Some companies focus on generation, some on transmission, and others on distribution or renewables. The business mix shapes risk exposure and earnings stability.

Financial Strength and Debt Position

Assessing borrowings, interest coverage, and cash flow helps understand how well the company manages long-term capital commitments.

Regulatory Environment

Power tariffs, renewable incentives, and grid policies affect earnings visibility. Tracking regulatory updates helps build sector context.

Fuel Security and Power Purchase Agreements

Stable fuel access and long-term power purchase contracts support consistent plant utilisation and revenue flow.

Conclusion

Utility stocks reflect the stability of essential services such as electricity generation, transmission, and distribution. Their performance depends on demand patterns, regulatory frameworks, project execution, and financial discipline. Users who track sector trends, tariff structures, and operational efficiency gain better context on how utility companies respond to long-term infrastructure and consumption needs.

Frequently Asked Questions on Utility Stocks

  1. What are Utility Stocks?

    Utility stocks are shares of regulated providers of essential services such as electricity, natural gas and water.

  2. How to invest in Utility Stocks?

    Here’s how you can invest in utility stocks - Go to the Tickertape Stock Screener Select the 'Utilities' sector. From the Utilities, analyse and sort the utility stocks using over 200+ filters—including valuation ratios, financials, technical indicators, and more—based on your investment thesis. Review the filtered list, and identify stocks that best align with your risk appetite, return expectations, and investment goals. Once you've shortlisted the stocks, click ‘Place Order’ to invest in your preferred utility stocks.

    Disclaimer: Please do your own research or consult your financial advisor before investing.

  3. What are some of the top Utility Stocks listed on NSE?

    Top NSE-listed Utility Stocks in India based on 1-year return include:
    1. Polysil Irrigation Systems Ltd
    2. Tulasee Bio-Ethanol Ltd
    3. Shashwat Furnishing Solutions Ltd
    4. Onix Solar Energy Ltd
    5. Quality Power Electrical Equipments Ltd

    Disclaimer: Please note that the above list is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing.

  4. What are the factors affecting Utility stock prices?

    Utility stock prices hinge on regulated tariffs, fuel costs, demand growth, renewable integration, capex efficiency, interest rates and policy stability.

  5. What is the future projection of Utility Stocks?

    The future of utility stocks depends on rising electricity demand, energy transition, and infrastructure expansion in India. Power demand continues to grow as urbanisation, industrial activity, data centres, and electric vehicle adoption increase. Renewable capacity expansion, transmission upgrades, and policy support also shape how utility companies operate. Regulatory changes, fuel availability, and pricing frameworks will continue to influence performance across the sector.

    Disclaimer: This is only for educational purposes, as the latest data is derived from major financial research reports.

  6. How to choose Utility Stocks for investing?

    Look for companies with stable cash flows, regulated tariff structures, renewable shift, and expansion plans. Evaluate debt levels, return on equity, and power demand-supply alignment.

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

  7. Do Utility Stocks offer regular dividends?

    Utility stocks often offer stable, regular dividends due to regulated revenue models and predictable cash flows. Power generation and distribution companies frequently maintain strong dividend track records.

    Disclaimer: Dividend payouts depend on company profits, cash flow, capital requirements, and board decisions. Past dividend history does not ensure future payouts. This information is for awareness only and does not indicate assured income.

  8. Are utility Stocks a good investment for the long term?

    Renewable shift, smart metering, and electrification of transport to drive transformation. Growing power demand, ESG mandates, and increased participation of private players support long-term stability.

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.