Best EV Stocks in July 2025 Based on Market Cap, 5Y CAGR: Tata Motors, Samvardhana and More

India’s electric vehicle (EV) industry is witnessing rapid transformation, driven by supportive government policies, rising adoption rates, and manufacturing incentives. As of 2025, over 4.4 million EVs have been registered nationwide, pushing market penetration to 6.6%.

Measures such as the reduction of GST on EVs from 12% to 5%, and the rollout of schemes like the PLI and PM e-Bus Sewa, have further strengthened domestic production and infrastructure.

These factors, combined with the long-term growth of the auto sector, have set the stage for strong performances by listed EV-related companies.

This article explores the best-performing EV stocks in India based on their market capitalisation, 5-year compound annual growth rate (CAGR), debt to equity ratio and dividend yield as of July 2025.

Best 5 EV Stocks for July 2025- Market Cap Basis

Note: The stocks listed above are first sorted by market capitalisation (highest to lowest) as of June 30, 2025.

Overview of 5 Best EV Stocks Based on 5Y CAGR

1. Bharat Electronics Ltd

Back in 2022, the company signed an MoU with Triton Electric Vehicle for the production of hydrogen fuel cells, supported by a technology transfer agreement. This strategic move signalled BEL’s intent to diversify into clean mobility solutions, aligning with India's broader EV and green energy goals.

Navratna defence PSU Bharat Electronics Limited (BEL) has reported a 15 per cent year-on-year (YoY) rise in net profit to ₹2,127 crore for the fourth quarter of financial year 2024–25 (FY25).

Key Metrics:

• ROCE:40.63%
• ROE:26.37%

2. Tata Motors Ltd

Tata Motors has made significant strides in the electric vehicle (EV) space, focusing on the development and sale of electric passenger vehicles, strengthening its charging infrastructure, and increasing localization of EV components.

The company’s EV portfolio continues to expand, supporting its long-term electrification goals. In the latest quarter, Tata Motors reported a net profit of ₹8,470 crore, with revenue coming in at ₹1.19 lakh crore.

Key Metrics:

• ROCE:20.8%
• ROE:25.79%

3. Samvardhana Motherson International

Samvardhana Motherson International Ltd, one of the world’s leading automotive component manufacturers, has established a strong foothold in the electric vehicle (EV) segment. Formerly known as Motherson Sumi Systems, the company plays a vital role in the EV supply chain by developing and producing essential components for electric vehicles.

Despite its strategic expansion into the EV market, the company reported a 22.75% year-on-year decline in consolidated profit after tax (PAT), amounting to ₹1,115.38 crore in Q4, compared to ₹1,444 crore in the same period last year. However, revenue from operations grew by 8.34% year-on-year, indicating underlying business momentum.

Key Metrics:

• ROCE:16.83%
• ROE: 10.33%

4. Bosch

Bosch Limited plays an important role in India’s electric vehicle (EV) ecosystem, offering a broad range of solutions spanning vehicle manufacturing, EV charging infrastructure, powertrain components, and aftermarket services such as diagnostics and battery recycling.

The company supports both OEMs and independent workshops, strengthening its presence across the EV value chain.

In Q4 FY25, Bosch reported a 16% year-on-year increase in revenue from operations, reaching ₹4,911 crore. However, its net profit after tax declined slightly by 1.9%, coming in at ₹553.5 crore, reflecting stable topline growth amid moderate margin pressure.

Key Metrics:

• ROCE:22.43%
• ROE: 21.61%

5. Hero MotoCorp

Hero MotoCorp has been expanding its presence in the electric vehicle (EV) space through its dedicated EV brand, Vida. The company has launched electric scooters like the Vida V1 and Vida V2, with plans underway to introduce more affordable models to enhance accessibility and market reach.

In Q4 FY25, Hero MotoCorp reported a 6.4% year-on-year rise in consolidated net profit to ₹1,081 crore. Revenue from operations also grew by 4%, totalling ₹9,939 crore, reflecting steady performance alongside its strategic EV initiatives.

Key Metrics:

• ROCE:31.43%
• ROE: 21.64%

Top EV Companies in July 2025 Sorted by 5-Yr CAGR

Note: The stocks listed above are first sorted by market capitalization (highest to lowest) and then ranked as per 5-Yr CAGR as of June 30, 2025.

Top EV Companies in July 2025 Sorted by Debt-to-Equity Ratio

Note: The stocks listed above are first sorted by debt to equity ratio as of June 30, 2025.

Top EV Companies in July 2025 Sorted by Dividend Yield

Note: The stocks listed above are ranked as per dividend yield as of June 30, 2025.

Conclusion

While India’s electric vehicle market is expanding rapidly, supported by government incentives and growing consumer interest, stock selection requires a broader lens. The companies listed above have shown strong historical performance based on 5-year CAGR, but investors should also evaluate factors like balance sheet strength, capital allocation, dividend track record, and strategic focus within the EV value chain.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.