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Best Semiconductor Stocks in December 2025: ASM Technologies, CG Power and More Based on 5-Year CAGR

Written by: Neha DubeyUpdated on: 27 Nov 2025, 8:40 pm IST
A look at India’s semiconductor linked stocks for December 2025, ranked by 5-year CAGR, along with sector trends, company updates, and key financial metrics.
Best Semiconductor Stocks in December 2025
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India’s semiconductor and electronics ecosystem continues to advance as government-led initiatives boost manufacturing, design, and supply-chain capability. 

With policy incentives and rising domestic demand for embedded systems, several Indian companies connected to semiconductor dependent sectors have shown steady progress in December 2025.

Below is a look at the best semiconductor stocks in December based on their 5-year CAGR.

Best Semiconductor Stocks for December 2025 – Based on 5-Year CAGR

NameSub-SectorMarket CapPE Ratio↓5Y CAGR
ASM Technologies LtdIT Services & Consulting4,865.74185.57119
CG Power and Industrial Solutions Ltd Heavy Electrical Equipments108,408.72111.2377.34
CG Power and Industrial Solutions Ltd Electronic Equipments303,575.1157.0562.81
Polycab India Ltd Electrical Components & Equipments113,490.8456.1851.51
Dixon Technologies (India) Ltd Home Electronics & Appliances89,897.0082.0645.47
Dixon Technologies (India) Ltd Heavy Electrical Equipments110,139.3858.8537
Vedanta Ltd Metals - Diversified201,639.6813.4534.16
Tata Elxsi Ltd Software Services32,576.5241.528.25
HCL Technologies Ltd IT Services & Consulting437,724.5125.1713.95
Havells India Ltd Electrical Components & Equipments90,312.4461.3412.38

Note: Data reflects 5-year CAGR performance as of the November27, 2025.

Overview of 5 Best Semiconductor Stocks in December 2025

1. ASM Technologies Ltd

ASM Technologies leads the list with a 5-year CAGR of 119%, supported by its expansion in design-led manufacturing. The company recently signed an MoU with the Government of Tamil Nadu to invest ₹250 crore in strengthening its ESDM capabilities.

Key Metrics:

  • Debt to Equity: 0.52
  • Return on Equity: 17.41

2. CG Power and Industrial Solutions Ltd

A significant player in industrial systems, CG Power continues to scale up semiconductor-adjacent capabilities. Its subsidiary, G.G. Tronics India, has progressed in validating the Uniform Braking Algorithm for Indian Railways, expanding its technology footprint.

Key Metrics:

  • Debt to Equity: 0.01
  • Return on Equity: 27.62

3. Bharat Electronics Ltd (BEL)

BEL maintains a strong position in electronics and defence-linked semiconductor applications. The company recently signed an MoU with Tata Electronics to develop domestic semiconductor and electronics solutions, aligning with India’s efforts toward technological self-reliance.

Key Metrics:

  • Debt to Equity: 0
  • Return on Equity: 29.29

4. Polycab India Ltd

Polycab, India’s leading wires and cables manufacturer, continues to deepen its presence across electrical and power systems. Its wide product range, distribution strength, and energy-efficient solutions support a 5-year CAGR of 51.51%.

Key Metrics:

  • Debt to Equity: 0.02
  • Return on Equity: 22.26

5. Dixon Technologies (India) Ltd

Dixon remains a key force in India’s electronics manufacturing services. The company is entering a new phase of growth through backward integration into components such as displays, camera modules, enclosures, and batteries—strengthening its relevance in semiconductor-dependent production.

Key Metrics:

  • Debt to Equity: 0.19
  • Return on Equity: 42.06

Best Semiconductor Stocks in December Based on Net Profit Margin

Net profit margin offers insight into how efficiently companies convert revenue into earnings. The following stocks show varied profitability levels within semiconductor stocks for December 2025.

NameNet Profit Margin (%)
Bharat Electronics Ltd21.71
Tata Elxsi Ltd20.08
ABB India Ltd14.92
HCL Technologies Ltd14.55
CG Power and Industrial Solutions Ltd9.68
Vedanta Ltd9.43
Polycab India Ltd8.93
ASM Technologies Ltd8.81
Havells India Ltd6.67
Dixon Technologies (India) Ltd2.78

Best Semiconductor Stocks in December Based on Debt to Equity

Debt-to-equity ratios help assess how companies balance borrowed funds with shareholder capital. 

NameDebt to Equity
Bharat Electronics Ltd0
ABB India Ltd0.01
CG Power and Industrial Solutions Ltd0.01
Polycab India Ltd0.02
Havells India Ltd0.04
Tata Elxsi Ltd0.07
HCL Technologies Ltd0.09
Dixon Technologies (India) Ltd0.19
ASM Technologies Ltd0.52
Vedanta Ltd1.70

Read More: Best Semiconductor Mutual Funds for December 2025: Tata Digital India Fund, ICICI Pru Technology Fund and More Based on 3-Year CAGR.

Conclusion

India’s semiconductor landscape is continuing to mature as companies enhance manufacturing capacity, expand design expertise, and support the country’s electronics and digital infrastructure goals.

 

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.

Published on: Nov 27, 2025, 3:07 PM IST

Neha Dubey

Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.

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