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Top 10 Consumer Durable Companies in India

Here you can see the List of Top 10 Consumer Durable Company in India.

List of Top 10 Consumer Durable Company in India

So here is the List of Top 10 Consumer Durable Company in India which are sorted out based on the Turnover.

1. Whirlpool of India Ltd

Whirlpool entered India in the late 1980s as part of its global expansion strategy. It forayed into the market under a joint venture with TVS group and established the first Whirlpool manufacturing facility in Pondicherry for washing machine category.

In 1995 Whirlpool acquired Kelvinator India Limited and marked an entry into the refrigerator market as well. The same year the company also saw acquisition of major shares in TVS joint venture and later in 1996, Kelvinator and TVS acquisitions were merged to create, Whirlpool of India Limited.

  • Revenue: Rs 5,993 Cr
  • Market Cap:  27,827 Cr.
  • Dividend Yield: 0.23 %
  • ROE: 20.27 %
  • Sales Growth (3Yrs): 14.99 %
  • Face Value:  10.00
  • Promoter holding75.00 %

This expanded the company’s portfolio in the Indian subcontinent to washing machines, refrigerator, microwave ovens and air conditioners. Whirlpool of India Limited headquartered in Gurugram, is now one of the leading manufacturers and marketers of major home appliances in the country.

The company owns three state-of-the-art manufacturing facilities at Faridabad, Pondicherry and Pune. Each of the manufacturing set-up features an infrastructure that is witness of Whirlpool’s commitment to providing its consumer with forward looking solutions.

2. Voltas Ltd

Voltas Limited is a six decade old company in India with expertise in Air Conditioning & Cooling technology. The company is broadly structured into projects and products business. The projects business is classified into Domestic Projects Group (DPG) and International Operations Business Group (IOBG).

  • Revenue: Rs 7,658 Cr
  • Market Cap:  21,259 Cr.
  • Dividend Yield: 0.62 %
  • ROE: 13.11 %
  • Sales Growth (3Yrs): 8.28 %
  • Face Value:  1.00
  • Promoter holding: 30.30 %

While the products business is classified into Unitary Products Business Group (UPBG), Mining & Construction Equipment Division (MCED) and Textile Machinery Division (TMD). Voltas is the no. 1 AC brand in India and has the largest infrastructure.

Voltas was founded in the year 1954. The Unitary Products Business Group of Voltas has pioneered the concept of Air Conditioning & Refrigeration in India

3. Honeywell Automation India Ltd

Honeywell Automation India Limited (HAIL) is a ~$350 million+ company listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). HAIL is a leader in providing integrated automation and software solutions, including process solutions and building solutions.

  • Revenue: Rs 3,290 Cr
  • Market Cap:  29,088 Cr.
  • Dividend Yield: 0.23 %
  • ROE: 25.05 %
  • Sales Growth (3Yrs): 10.93 %
  • Face Value:  10.00
  • Promoter holding: 75.00 %
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It has a wide product portfolio in environmental and combustion controls, and sensing and control, and also provides engineering services in the field of automation and control to global clients.

A Fortune India 500 company, HAIL has more than 3,000 employees based in nine offices across India – Pune, Baroda, Bangalore, Hyderabad, Mumbai, Chennai, Gurgaon, Kolkata, and Jamshedpur.

4. Crompton Greaves Consumer Electrical Ltd

Crompton Greaves Consumer Electricals Limited is one of the leading consumer companies in India with a 75+ years old brand legacy.

  • Revenue: Rs 4,520 Cr
  • Market Cap:  16,485 Cr.
  • Dividend Yield: 0.76 %
  • ROE: 38.69 %
  • Face Value:  2.00
  • Promoter holding: 26.20 %

As of February 2016, The Company is an independent company under professional management and have 2 business segments – Lighting and Electrical Consumer Durables. The Company market products under the “Crompton” brand name in India and select export markets.

5. Blue Star Ltd

Blue Star is India’s leading air conditioning and commercial refrigeration company, with an annual revenue of over ₹5405 crores (812 million USD), a network of 32 offices, 5 modern manufacturing facilities, 2800 employees, and 3880 channel partners.

The Company has 6000 stores for room ACs, packaged air conditioners, chillers, cold rooms as well as refrigeration products and systems, along with 1060 service associates reaching out to customers in over 900 towns.

  • Revenue: Rs 5,360 Cr
  • Market Cap:  6,100 Cr.
  • Dividend Yield: 1.58 %
  • ROE: 17.51 %
  • Sales Growth (3Yrs): 6.92 %
  • Face Value:  2.00
  • Promoter holding: 38.76 %

Blue Star’s integrated business model of a manufacturer, contractor and after-sales service provider enables it to offer an end-to-end solution to its customers, which has proved to be a significant differentiator in the marketplace. In fact, every third commercial building in India has a Blue Star product installed.

The Company fulfills the cooling requirements of a large number of corporate, commercial as well as residential customers. Blue Star has also forayed into the residential water purifiers business with a stylish and differentiated range including India’s first RO+UV Hot & Cold water purifier; as well as the air purifiers and air coolers businesses.

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The Company also offers expertise in allied contracting activities such as electrical, plumbing, fire-fighting and industrial projects, in order to offer turnkey solutions, apart from execution of specialised industrial projects.

The Company has manufacturing facilities at Dadra, Himachal Pradesh, Wada and Ahmedabad, which use modern, state-of-the-art manufacturing equipment to ensure that the products have consistent quality and reliability. The Company has a manufacturing footprint of about 1 lakh sq m, with the mainstay of product development and R&D being energy-efficiency, coupled with eco-friendly and sustainable products.

6. Bajaj Electricals Ltd

Bajaj Electricals Limited (BEL), a globally renowned and trusted company, with a turnover of ₹6,744 crores (FY 18-19), is a part of “Bajaj Group”. Bajaj Electricals business is spread across – Consumer Products (Appliances, Fans, Lighting), Exports, and EPC (Illumination, Transmission Towers and Power Distribution).

  • Revenue: Rs 6,662 Cr
  • Market Cap:  5,783 Cr.
  • Dividend Yield: 0.69 %
  • ROE: -0.74 %
  • Sales Growth (3Yrs): 5.43 %
  • Face Value:  2.00
  • Promoter holding: 63.17 %

Bajaj Electricals has 20 branch offices spread in different parts of the country besides being supported by a chain of distributors, authorised dealers, retail outlets, exclusive showrooms called ‘Bajaj World’ and approximately 500 customer care centres.

7. Dixon Technologies (India) Ltd

Dixon Technologies (India) Limited has been leading the electronic manufacturing services (EMS) space in India. The Company has 11 – State-of-the-art manufacturing facilities located in Uttar Pradesh, Uttarakhand and Andhra Pradesh.

Founded in 1993 and commenced manufacturing of colour television in 1994, Dixon has now expanded its operations to various sub-segments of electronics.

  • Revenue: Rs 4,400 Cr
  • Market Cap:  9,741 Cr.
  • Dividend Yield: 0.05 %
  • ROE: 26.21 %
  • Sales Growth (3Yrs): 21.44 %
  • Face Value:  10.00
  • Promoter holding: 36.11 %

As a home grown manufacturing company, Dixon Technologies provides design focused solutions in consumer durables, home appliances, lighting, mobile phones and security devices to customers across the globe, along with repairing and refurbishment services of a wide range of products including set top boxes, mobile phones and LED TV panels.

  • 3 R&D centre in India and China
  • 1000+ Employees across our operations

8. IFB Industries Ltd

IFB Industries Limited originally known as Indian Fine Blanks Limited started their operations in India during 1974 in collaboration with Hienrich Schmid AG of Switzerland.

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The product range includes Fine Blanked components, tools and related machine tools like Straighteners, Decoilers, Strip loaders and others.

  • Revenue: Rs 2,551 Cr
  • Market Cap:  1,958 Cr.
  • ROE: 4.18 %
  • Sales Growth (3Yrs): 13.59 %
  • Face Value:  10.00
  • Promoter holding: 74.96 %
  • Debt to equity: 0.53
  • Price to book value: 3.03

The Engineering divisions are located at Kolkata & Bangalore. The Bangalore unit, apart from Fine Blanked components, manufactures motors for White goods as well as Automotive applications.

9. Johnson Controls-Hitachi Air Condition. India Ltd

Johnson Controls–Hitachi Air Conditioning was established on October 1st, 2015 as a joint venture between Hitachi Appliances, Inc. (now Hitachi Global Life Solutions, Inc.) and Johnson Controls, Inc.

Hitachi Appliances carved out and contributed its air conditioning business to the Joint Venture. Johnson Controls acquired a 60% stake of the carved-out business and Hitachi Global Life Solutions, Inc. continues as a 40% shareholder of this venture.

  • Revenue: Rs 2,197 Cr
  • Market Cap:  5,833 Cr.
  • Dividend Yield: 0.07 %
  • ROE: 13.10 %
  • Sales Growth (3Yrs): 4.65 %
  • Promoter holding: 74.25 %
  • Debt to equity: 0.27
  • Price to book value: 8.47

With this joint venture, two rich, 100-year-old cultures and histories have come together to create one exciting new company, serving our combined customers with the most diverse product portfolio in the air conditioning industry.

10. Amber Enterprises India Ltd

Amber Enterprises India Ltd is a prominent solution provider for Air conditioner OEM/ODM Industry in India. It has a dominant presence in RACs complete unit and deals in major RAC components with 10 manufacturing facilities across India focusing in on different product segments.

  • Revenue: Rs 3,963 Cr
  • Market Cap:  5,703 Cr.
  • Dividend Yield: 0.18 %
  • ROCE: 17.14 %
  • ROE: 15.14 %
  • Sales Growth (3Yrs): 33.87 %
  • Promoter holding: 44.02 %

With expertise in components like heat exchangers, sheet metal components, injection molding components, and system tubing and motors, Amber is strongly positioned with its backward integration to derive the core deliverable’s in terms of quality, cost & delivery.

The Company offer higher energy efficiency and expertise in indoor, outdoor, split and window AC units. We deal in AC components as well as non-AC components.

 List of Top Refrigerator Brands in India
Raveendran R
Raveendran R
Editor @ Indiancompaies.in


  1. PIXON – A Company by Marwadi GroupPixon Energy Ltd. is a Solar Module Manufacturing company promoted by the stalwarts of the Financial Markets in India.The company is equipped with the state-of-art technology and completely automated machinery of 400 MW line capacity. This production capacity makes Pixon stand amongst the top 10 solar manufacturers of the Indian market. Pixon shall also be a hub to manufacture module raw materials like EVA Film and Backsheets.


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