Top Electronics Manufacturing Companies in India

Here you can find the list of Top Electronics Manufacturing Companies in India which are sorted out based on the revenue.

Electronics are pervasive and form an integral part of several industries including Consumer Electronics, IT, Telecom, Medical, Strategic Electronics (Defence, Space, Aerospace), Industrial, Automotive & Transportation.

Top Electronics Manufacturing Companies in India

So here is the list of Top Electronics Manufacturing Companies in India which are in decending order based on revenue [ total sales ]

6. Nitiraj Engineers Ltd

Nitiraj Engineers Ltd., established in 1989, is one of the leading manufacturers of Electronic Weighing Scales and Systems and Digital Fare Meters. Phoenix brand is one of the renowned brands in Electronic Weighing Scales in India.

The electronics Company has sophisticated, stat-of-the-art in-house facility for continuous research, consistent production and stringent quality control. The Company caters to all India market through its closely knit sales and service network comprising of company’s branch offices and dealers.

• Revenue: ₹ 54 Cr
• Market Cap: ₹ 45.4 Cr.
• Dividend Yield: 0.00 %
• ROCE: 6.92 %
• ROE: 5.11 %
• Face Value: ₹ 10.0
• Promoter holding: 69.1 %
• Debt to equity: 0.08
• Price to book value: 0.66

At present company is producing more than 100,000 scales per year. 286 professionals are working with the company. It has more than 10,50,000 satisfied customers in the country.The Electronics Company has distributors in Middle East and SAARC Countries. The company products are compatible with world standards.

Over the years, NITIRAJ has made a point to meet every customer’s need speedily and effectively. Wide product range well connected sales and service network of 13 Branch offices, 430 Dealers are part of NITIRAJ family. The Company’s manufacturing unit is located at Parwanoo, Himachal Pradesh, Registered Office at Mumbai and Corporate Office at Dhule in Maharashtra.

5. APLAB Limited

APLAB Limited, incorporated in 1962, is a Public enterprise quoted on the Bombay Stock Exchange and is recognized as a technology driven professional company in business sectors like Telecommunication, Information Technology, Retail Banking and Power Control & conditioning.

Since its inception, APLAB has been serving the Global Market with wide range of Electronic Products meeting the International standards for safety and reliability such as UL, VDE etc.

• Revenue: ₹ 55 Cr
• Market Cap: ₹ 20.2 Cr.
• Dividend Yield: 0.00 %
• ROCE: 13.0 %
• Face Value₹ 10.0
• Promoter holding59.3 %

This electronics Manufacturing Company has four independent product Divisions; Test and Measurement Equipment’s, Power Conversion and UPS Systems, Self-Service Terminals for Banking Sector. APLAB enjoys worldwide recognition for the quality of its products, business integrity and innovative engineering skills.

4. Shivalik Bimetal Controls Ltd

Shivalik Bimetal Controls Ltd. is a company specialized in the joining of material through various methods such as Diffusion Bonding / Cladding, Electron Beam Welding, Solder Reflow and Resistance Welding.

The company present program includes Thermostatic Bimetal, Clad Metal, Spring Rolled stainless Steels, Electron Beam Welded Material with multi- Gauge and Multi- Materials strips and Thermostatic Edge- Welded Strips for a board spectrum of industries.

• Revenue: ₹ 245 Cr
• Market Cap: ₹ 718 Cr.
• Dividend Yield: 0.32 %
• ROCE: 23.3 %
• ROE: 19.9 %
• Face Value: ₹ 2.00
• Promoter holding: 60.6 %
• Debt to equity: 0.20
• Price to book value: 5.15

Shivalik can offer precision manufactured components specific to the application requirements. The electronics Manufacturing company has been a single vendor to many prestigious OEMs since 1986 and have successfully met the most stringent of demands set by multiple large global organizations.

3. Aditya Vision Limited

Aditya Vision Limited is a dynamic, fastest growing and service oriented electronic Retail Chain in Bihar. We are a group of multi-brand stores dealing in consumer durables of all kinds, with presence in almost every district of Bihar, Aditya Vision has become a household name amongst the people of the state. It is the first & only consumer electronic retail company to be listed on Bombay stock exchange (BSE).

What began in 1999 with just one store has not just grown in numbers but now also become synonymous with value and trust within the people of Bihar. Since its inception and after almost three decades Aditya Vision has catered to more than 1 Crore happy customers and the number is growing by each passing day.

• Revenue: ₹ 790 Cr
• Market Cap: ₹ 1,162 Cr.
• Dividend Yield: 0.52 %
• ROCE: 38.4 %
• ROE: 51.3 %
• Face Value: ₹ 10.0
• Promoter holding: 73.7 %
• Debt to equity: 1.48
• Price to book value: 20.4

With top Global brands in Bouquet the company has more than 10,000 Products ranging from Digital Gadgets like Mobile Phones, Laptops, Tablets to Entertainment Solutions like Televisions, Sound Bars, Home Theaters, Cameras, Accessories to Home Appliances like Air Conditioners, Refrigerators, Washing Machines to Cooking and Kitchen Appliances like Air Fryers, Soup Makers, Cooktops, Dishwashers.

2. Centum Electronics Ltd

Centum was founded in 1994 in Bangalore, India. Since then, Centum has rapidly grown into a diversified electronics company with operations in North America, EMEA and Asia. The company offers a broad range of products and services across different industry segments.

The Strategic Electronics Business Unit designs, develops and manufactures customized, complex products for Defence and Space customers. Among the list of Top Electronics Manufacturing Companies in India.

Centum is a leading industry partner for India’s DRDO labs, Defence PSUs as well as the Indian Space Research Organization having delivered mission critical electronics on major missile, radar, electronic warfare & satellite applications. Centum’s unique microelectronics capability enables the development of lightweight, high reliability electronics for on-board applications.

• Revenue: ₹ 930 Cr
• Market Cap: ₹ 611 Cr.
• Dividend Yield: 0.84 %
• ROCE: 8.34 %
• ROE: 8.01 %
• Face Value: ₹ 10.0
• Promoter holding: 58.8 %
• Debt to equity: 1.67
• Price to book value: 2.75

It has continuously invested in strengthening its design & product development capabilities while developing deep domain knowledge in the segments it operates in. Centum has also established truly world-class manufacturing facilities with cutting edge infrastructure as well as a global supply chain capable of delivering products with high quality and reliability.

A key contributor to Centum Group’s growth has been the strong relationships forged with international customers and partners. This customer-focused approach coupled with Centum’s culture hinged on the core-values of Technology-Teamwork-Trust has resulted in a track-record of high quality products & services and excellent execution ability.

1. Bharat Electronics Ltd BEL

BEL now produces a wide range of state-of-the-art equipment in fields such as Defence Communication, Radars, Naval Systems, C4I Systems, Weapon Systems, Homeland Security, Telecom & Broadcast Systems, Electronic Warfare, Tank Electronics, Electro Optics, Professional Electronic Components and Solar Photovoltaic Systems.

• Revenue: ₹ 14,109 Cr
• Market Cap: ₹ 47,587 Cr.
• Dividend Yield: 1.43 %
• ROCE: 27.9 %
• ROE: 19.9 %
• Face Value: ₹ 1.00
• Promoter holding: 51.1 %
• Debt to equity: 0.00
• Price to book value: 4.31

Bharat Electronics Ltd also provides turnkey system solutions. Civilian products from BEL include Electronic Voting Machines, Tablet PC, solar-powered traffic signal systems and Access Control Systems. The company is the largest in the list of Top Electronics Manufacturing Companies in India.

BEL was established to meet the specialized electronic equipment requirements of the Indian Defence Services. While this continues to be its prime focus, the Company has a significant presence in the civilian market, too. BEL exports some of its products and services to a number of countries as well.

So finally these are the list of Top Electronics Manufacturing Companies in India which are based on the turnover.