Best Renewable Stocks

Check out green energy companies benefiting from India’s move towards solar, wind, and clean power generation.

Name	Price (Rs)	Market Cap (Rs Cr)	ROE (%)	ROCE (%)	Debt/Eq (x)	Sales var 3yrs (%)	Profit var 3yrs (%)	P/E (x)	P/BV (x)	EV/EBITDA (x)
Premier Energies	979.00	44,441.85	33.20	34.91	0.67	76.27	390.35	33.40	11.56	22.02
SJVN	77.40	30,416.61	4.50	5.85	2.25	15.51	-20.79	48.10	2.05	15.38
Exide Industries	349.00	29,665.00	6.14	8.95	0.08	6.07	1.67	34.73	1.99	12.86
ACME Solar Holdings	276.05	16,727.85	9.85	7.09	3.75	16.04	126.73	33.53	3.42	12.65
Inox Wind	95.50	16,504.67	10.45	12.53	0.34	78.58	2.61	32.57	2.48	17.59
Amara Raja Energy & Mobility	824.05	15,082.21	12.78	15.35	0.02	13.89	17.60	20.30	1.91	10.58
Jaiprakash Power Ventures	19.58	13,419.07	3.53	6.84	0.27	-1.30	93.60	29.80	1.05	6.89
Indian Energy Exchange	125.25	11,168.45	36.12	44.31	0.00	15.38	17.24	22.66	8.19	15.53
Olectra Greentech	1,239.60	10,174.73	13.23	18.88	0.24	44.82	54.18	71.16	8.71	35.43
Waaree Renewable Technologies	942.85	9,844.54	51.23	62.48	0.09	111.73	105.17	20.57	12.65	11.92
KPI Green Energy	420.80	8,304.11	15.69	11.10	1.49	61.18	62.61	17.44	2.99	11.10
Borosil Renewables	500.50	7,021.17	8.54	22.70	0.11	20.28	70.06	54.39	7.06	11.54
Sterling and Wilson Renewable Energy	199.45	4,657.79	-47.62	40.88	1.79	55.31	-36.36	NM	9.87	8.13
Websol Energy Systems	103.40	4,364.14	48.04	48.43	0.19	NM	NM	14.40	7.12	6.47
Onix Solar Energy	1,107.15	2,775.65	5.12	5.13	0.00	1,773.31	167.92	68.88	10.11	46.32
Insolation Energy Ltd	125.70	2,769.71	20.47	25.16	0.18	83.63	162.69	15.63	3.75	32.30
BF Utilities	535.00	2,015.22	72.68	28.04	4.14	17.71	42.32	12.74	4.99	6.68
Ujaas Energy	145.00	1,934.27	7.88	10.82	0.60	44.35	13.24	611.81	13.50	8.99
Orient Green Power Company	11.38	1,334.91	6.02	7.49	0.44	4.28	84.55	18.84	1.14	6.43
Reliance Industrial InfraStructure	754.30	1,138.99	2.61	2.85	0.00	-12.61	8.69	91.93	2.41	60.93
Ganesh Green Bharat	329.95	818.31	14.73	20.70	0.23	44.44	79.71	16.34	3.44	15.19
Australian Premium Solar (India)	346.60	696.32	45.48	56.01	0.10	NM	NM	12.59	5.16	12.13
Solarium Green Energy	172.55	360.02	13.13	18.31	0.48	NM	NM	17.78	2.38	18.13
Aerpace Industries	22.39	334.73	-40.36	-20.98	0.72	NM	NM	NM	8.11	NM
Indowind Energy	9.99	160.84	0.45	1.83	0.03	10.92	116.08	60.18	0.50	16.85

Data Source: Dion Global
Note: Company data is consolidated; Exceptional items, minority interest excluded

May 15, 2026, 04:01 PM IST

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The largest company, by revenues, in the Renewable Energy sector is Exide Industries. Its revenues for the most recent year ended is Rs 17,995.35 cr.

Exide Industries has a market capitalisation of Rs 29,665.00 cr. Over the previous 12 months, Exide Industries’s share price declined 9.07%.

You can get the latest share price and detailed financials of Exide Industries here.

Also, you can see the latest share price performance of all renewable energy stocks here.

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Why Use This Screener?

This screener helps investors identify companies positioned for long-term growth in clean energy.

Policy-Driven Growth

Strong government support and climate commitments have helped renewable energy stocks such as Larsen & Toubro, Waaree RenewableTechnologies, and others grow substantially.

Long-Term Power Purchase Agreements

Long-term contracts with utilities and corporates help support stable revenues.

Falling Costs, Improving Returns

Reducing equipment costs and scale efficiencies helps improve project profitability.

FAQs on Best Renewable Stocks

Are renewable energy stocks suitable for long-term investors?

Yes, due to predictable cash flows, policy support, and rising power demand.

What risks affect renewable stocks?

Execution delays, financing costs, and regulatory changes can impact returns.

Which renewable segments are growing fastest?

Solar and hybrid renewable projects currently lead capacity additions.

Best Mutual Funds Invested in the Renewable Energy Sector

Mutual Fund Name	Weightage (%)	Top Stock Holding	1Y Return (%)
Quant ELSS Tax Saver Fund	27.28	Reliance Industries	9.62
Nippon India Power & Infra Fund	25.53	Reliance Industries	12.21
Taurus Infrastructure Fund	22.19	Larsen & Toubro	-0.40