Best Semiconductor Stocks in India April 2025 – Based on 5Y CAGR

India’s semiconductor industry has the potential to grow to ₹3,47,800 crore (US$ 40 billion) by 2030, driven by advancements in the supply chain ecosystem, particularly chemicals and gases essential for chip manufacturing.

According to the India Electronics and Semiconductor Association (IESA), the global semiconductor supply chain market is projected to reach ₹36,51,700 crore (US$ 420 billion) by 2030, with India targeting a 10% share.

The sector has seen increased participation from domestic and international players, with policy support and investments contributing to its progress. Companies involved in chip design, manufacturing, and allied services have played a key role in this expansion.

Let’s take a look at the top semiconductor stocks in April 2025 based on 5-year CAGR.

Best Semiconductor Stock in April Based on 5Y CAGR

Note: The stocks have been sorted based on 5Y CAGR and as of March 27, 2025

Overview of 5 Best Semiconductor Stocks

1. RIR Power Electronics Ltd 

RIR Power Electronics Ltd., formerly Ruttonsha International Rectifier Ltd., is a 5-decade-old company specialising in power electronics. It manufactures semiconductor devices, modules, and equipment for power grids and industrial applications.

During Q3FY25, the company’s revenue jumped 36.5% YoY to ₹20.42Cr. The company’s net profits jumped 32.14%to ₹1.48Cr.

Key Metrics:

• Return on Equity (ROE): 14.64%
• Return on Capital Employed (ROCE): 12.52%

2. Solex Energy Ltd

Solex Energy Limited, primarily known for its solar solutions, is expanding into semiconductor technology to support the renewable energy sector.

The company integrates advanced semiconductor components into its solar products, enhancing efficiency and performance. With a focus on innovation, Solex aims to develop sustainable semiconductor solutions that align with India’s clean energy goals.

Key Metrics:

• ROE: 20.82%
• ROCE: 22.74%

3. Dixon Technologies (India) Ltd 

Dixon Technologies (India) Limited deals in electronic products such as consumer electronics, lighting, home appliances, closed-circuit television cameras (CCTVs), and mobile phones.

During Q3FY25, Dixon Technologies reported a growth of 124% in profits to ₹217 crore; revenue jumped 117% as mobile and EMS segments contribute 89% of earnings.

Key Metrics:

• ROE: 24.32%
• ROCE: 2546%

4. MosChip Technologies

MosChip Technologies is a leading semiconductor design and engineering company specialising in ASIC design, mixed-signal IP development, and FPGA solutions. MosChip serves industries like automotive, telecommunications, and industrial automation.

In Q3 FY25, MosChip Technologies Ltd. saw a substantial rise in financial performance, with revenue increasing by 41% year-on-year to ₹126.16 crore, while net profit surged 406% to ₹11.06 crore.

Key Metrics:

• ROE: 5.16%
• ROCE: 5.68%

5. Tata Elxsi

Tata Elxsi offers advanced semiconductor engineering solutions, including AI tools, SDK & reference designs, functional safety compliance, and FPGA design.

In Q3 FY25, Tata Elxsi reported operating revenue of ₹939.2 crore, with an operating EBITDA of ₹246.6 crore, EBITDA margin 26.3%, and PAT of ₹199.0 crore (PAT margin 20.3%).

Key Metrics:

• ROE: 34.51%
• ROCE: 39.03%

Top Semiconductor Stocks Sorted by Net Profit Margin

Note: The table above ranks the top semiconductor and technology-related stocks as of March 27, 2025, based on net profit margin, from highest to lowest.

Top Semiconductor and Technology Stocks Sorted by Debt-to-Equity Ratio

Note: The table above ranks the top semiconductor and technology-related stocks as of March 27, 2025, based on debt-to-equity ratio, from least to most debt.

Conclusion

The semiconductor industry in India is experiencing rapid growth, driven by increasing demand, government initiatives, and technological advancements. The stocks listed above showcase strong performance metrics across various parameters, including 5-year CAGR, net profit margin, and debt-to-equity ratio.

Investors should carefully analyse financial health, industry trends, and regulatory developments before making 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 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.