Small Cap Indian (NIFTY) Utilities Stocks by Market Cap

Name: Financial Insights Based on S&P Global Market Intelligence
Creator: Simply Wall St Pty Ltd
License: https://www.spglobal.com/content/dam/spglobal/corporate/en/documents/secure/MI-FastTrack-Terms-and-Conditions-July-2023.pdf

UPDATED May 17, 2026

Discover small cap Indian Utilities companies that are on the NIFTY. These Utilities Companies are organised by Market Cap.

54 companies

Company	Last Price	7D Return	1Y Return	Market Cap	Analysts Target	Valuation	Growth	Div Yield
513452 Elango Industries	₹10.97	10.1%	-14.6%	₹39.9m	n/a	PS16.9x	n/a	n/a
536709 Ind Renewable Energy	₹10.88	-1.3%	-11.3%	₹153.2m	n/a	n/a	n/a	n/a
523222 SRM Energy	₹17.76	0%	26.8%	₹160.9m	n/a	PS326.4x	n/a	n/a
538520 Shivamshree Businesses	₹2.25	25.7%	-7.0%	₹162.6m	n/a	PS1.4x	n/a	n/a
503657 Veer Energy & Infrastructure	₹12.57	-2.1%	-39.2%	₹190.8m	n/a	PE81.1x	n/a	0%
534612 Advance Metering Technology	₹20.28	7.3%	-21.6%	₹312.0m	n/a	PS2.3x	n/a	n/a
539013 Gita Renewable Energy	₹80.48	-5.9%	-36.8%	₹329.7m	n/a	PB2.6x	n/a	n/a
KKVAPOW KKV Agro Powers	₹613.00	0%	31.6%	₹382.2m	n/a	PE7x	n/a	0.7%
CHAMUNDA Chamunda Electrical	₹43.20	-3.4%	-2.3%	₹475.4m	n/a	PE9.3x	n/a	n/a
533451 Karma Energy	₹49.07	-4.7%	-22.8%	₹588.8m	n/a	PE26.1x	n/a	0%
541445 Waa Solar	₹54.39	-16.3%	-37.5%	₹771.6m	n/a	PE7.9x	n/a	n/a
532219 Energy Development	₹16.30	-8.1%	-16.2%	₹793.7m	n/a	PS1.7x	n/a	0%
INDOWIND Indowind Energy	₹9.83	-5.5%	-52.7%	₹1.3b	n/a	PE53.2x	n/a	n/a
526025 Globus Power Generation	₹13.48	-4.3%	-19.3%	₹1.4b	n/a	PE34.8x	n/a	n/a
POSITRON Positron Energy	₹191.25	-13.9%	-46.9%	₹1.5b	n/a	PE7.3x	n/a	n/a
512345 Lexora Global	₹190.70	9.9%	7.7%	₹1.9b	n/a	PE3893.9x	n/a	n/a
506640 ZR2 Bioenergy	₹146.00	-1.8%	-59.9%	₹2.3b	n/a	PE253x	n/a	0.07%
GVKPIL GVK Power & Infrastructure	₹3.14	-8.7%	-15.6%	₹5.1b	n/a	PS4x	n/a	n/a
507836 Mac Charles (India)	₹685.80	2.6%	18.2%	₹8.6b	n/a	PS7.3x	n/a	0%
DPSCLTD India Power	₹9.94	-1.7%	-26.7%	₹9.7b	n/a	PE142.1x	n/a	0.5%
IRMENERGY IRM Energy	₹280.30	-6.9%	-2.1%	₹11.8b	₹450.00	PE21.6x	S11.7%	0.5%
GREENPOWER Orient Green Power	₹11.07	-9.6%	-18.5%	₹13.3b	n/a	PE18.7x	n/a	n/a
BAJEL Bajel Projects	₹172.99	-1.5%	-15.6%	₹20.4b	₹270.00	PE182.6x	E84.8%	n/a
GIPCL Gujarat Industries Power	₹143.72	-5.4%	-26.8%	₹22.7b	₹385.00	PE15.4x	E31.1%	2.8%

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