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Best Semiconductor Stocks for January 2026: BEL, CG Power and More – Based on 5-Yr CAGR

Written by: Neha DubeyUpdated on: 5 Jan 2026, 10:08 pm IST
Bharat Electronics, CG Power, RIR Power Electronics, and others stand out in January 2026 based on 5-year CAGR, market capitalisation, and profitability metrics.
Best Semiconductor Stocks for January 2026
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India’s semiconductor and electronics manufacturing sector is undergoing a structural transformation, supported by strong government incentives, rising domestic demand, and strategic focus on self-reliance under the Make-in-India and Semiconductor Mission initiatives.

The government’s push to localise electronics manufacturing, coupled with rising demand from defence, automotive, power, telecom, and consumer electronics sectors, has accelerated growth across semiconductor-linked companies. 

Let’s look at the best semiconductor stocks for January 2026, ranked based on key factors such as 5-year CAGR, debt to equity ratio, and net profit margin.

Best Semiconductor Stocks for January 2026 – 5-Yr CAGR Basis

NameSub-SectorMarket CapPE Ratio↓5Y CAGR
RIR Power Electronics LtdElectronic Equipments1,667.84218.88120.84
MIC Electronics LtdElectrical Components and Equipments1,080.21109.89109.9
CG Power and Industrial Solutions LtdHeavy Electrical Equipments102,224.33104.8970.8
Bharat Electronics LtdElectronic Equipments294,693.7355.3857.1
Polycab India LtdElectrical Components & Equipments117,389.9058.1149.75
Dixon Technologies (India) LtdHome Electronics & Appliances73,824.2167.3934.89
ABB India LtdHeavy Electrical Equipments110,308.9058.9433.39
Tata Elxsi LtdSoftware Services33,250.0842.3623.37
HCL Technologies LtdIT Services & Consulting443,757.8025.5211.53
Havells India LtdElectrical Components and Equipments90,318.7161.359.61

Note: The list of best semiconductor stocks for January 2026 above is ranked based on their 5-year CAGR, and the data is as of January 05, 2026.

Overview of the Best Semiconductor Stocks for January 2026

1. RIR Power Electronics Ltd

RIR Power Electronics Ltd is engaged in manufacturing power semiconductor devices and modules used in industrial, automotive, railways, renewable energy, and power electronics applications.

Key Metrics:

  • ROCE: 9.82%
  • ROE: 8.59%

 2. MIC Electronics Ltd

MIC Electronics Ltd operates in the electronic components and electrical equipment segment, catering to infrastructure, transport, and display technology solutions.

Key Metrics:

  • ROCE: 7.59%
  • ROE: 5.71%

3. CG Power and Industrial Solutions Ltd

CG Power is a leading player in heavy electrical equipment and industrial solutions, with increasing exposure to power electronics and grid modernisation projects.

Key Metrics:

  • ROCE: 31.93%
  • ROE: 27.62%

Best Semiconductor Stocks for January 2026 Based on Net Profit Margin

NameSub-SectorNet Profit Margin
Bharat Electronics LtdElectronic Equipments21.71
Tata Elxsi LtdSoftware Services20.08
ABB India LtdHeavy Electrical Equipments14.92
HCL Technologies LtdIT Services & Consulting14.55
MIC Electronics LtdElectrical Components & Equipments10.24
CG Power and Industrial Solutions LtdHeavy Electrical Equipments9.68
Polycab India LtdElectrical Components & Equipments8.93
RIR Power Electronics LtdElectronic Equipments8.63
Havells India LtdElectrical Components & Equipments6.67
Dixon Technologies (India) LtdHome Electronics & Appliances2.78

Note: The list of best semiconductor stocks for January 2026 above is ranked based on their net profit margin, and the data is as of January 05, 2026.

Best Semiconductor Stocks for January 2026 by Debt-to-Equity Ratio

NameSub-SectorDebt to Equity
Bharat Electronics LtdElectronic Equipments0
ABB India LtdHeavy Electrical Equipments0.01
CG Power and Industrial Solutions LtdHeavy Electrical Equipments0.01
Polycab India LtdElectrical Components & Equipments0.02
Havells India LtdElectrical Components & Equipments0.04
Tata Elxsi LtdSoftware Services0.07
HCL Technologies LtdIT Services & Consulting0.09
RIR Power Electronics LtdElectronic Equipments0.19
Dixon Technologies (India) LtdHome Electronics & Appliances0.19
MIC Electronics LtdElectrical Components & Equipments0.22

Note: The list of best semiconductor stocks for January 2026 above is ranked based on their ROCE, and the data is as of January 05, 2026.

Read More: Best Semiconductor Mutual Funds for January 2026: Motilal Oswal Flexi Cap Fund, Tata Digital India Fund and More Based on 3-Year CAGR.

Conclusion

This article presents a comparative view of selected semiconductor-related stocks based on historical financial metrics such as 5-year CAGR, net profit margin, and debt-to-equity ratio. 

These parameters are provided solely for informational purposes. Investors are advised to assess their individual financial objectives, risk tolerance, and time horizon, and to consult a qualified financial advisor before making any investment decisions.


 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal investment advice or a solicitation to buy or sell securities. Readers should conduct their own research before making any investment decisions.

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

Published on: Jan 5, 2026, 4:34 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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