By Hemant SharmaSee, for market conditions, a monopoly isn’t a good thing. But, if you’re looking at it from purely investment purposes, then sure enough, you can assume some high profits if you know which monopoly stock to buy and when to sell. Or you can hold it for the long term since it is a monopoly, which means it is the market leader, and it’ll grow like this in the future as well. That right there is the surety you get with not a lot of stocks out there. And if you’re particularly interested in such types of stocks right here in India, well, we have prepared a list of the Top 10 Leading Monopoly Stocks in India 2025, just for you. So, let’s get to it right away.
1. IRCTC
Speaking of the first one on the list, Indian Railway Catering and Tourism Corporation, better known as IRCTC, is the only company that does online railway ticket booking in India. IRCTC, on the other hand, is responsible for catering on trains and running the Rail Neer water brand you see at stations. According to experts, this is Asia’s biggest e-commerce platform, courtesy of railway ticketing. IRCTC has thus been a monopoly for over 20 years now with no other company to compete!
2. Coal India
Now, coming to Coal India, the world’s largest coal producer. This big government company meets roughly 82% of the coal in India, mostly for use in power plants. It operates over 350 mines across 8 states! There are so many industry experts who all have the opinion that it is a monopoly, not merely because of its size but because the government ensures that no private company is allowed to match it. By March 2025, Coal India had a market cap of over ₹2.5 lakh crore, and because of a dividend yield of 6.29%, it is a favorite among retirement savings.
3. Nestlé India
There is no way any of you haven’t heard of Nestlé India or Maggi, but other than that, it is a big player in the infant nutrition industry. According to the industry experts, the company enjoys a 96.5% market share in infant cereals such as Cerelac and now holds a mind-boggling market dominance at above 66% in infant formula such as Lactogen, and let’s not even start on KitKat! Over 50% market share in many of its categories are owned by Nestlé. Being distributed in over five million stores and desiring to grow further, it is nearly a monopoly.
4. Hindustan Aeronautics Ltd (HAL)
Take Hindustan Aeronautics Ltd, or HAL, it is also the very only organization in India that develops fighter aircraft and helicopters locally for our armed forces. It has a 90 percent hold in the defence aircraft-making industry, meaning almost every combat plane in India is sourced from HAL. Almost 4,100 aircraft and 5,000 engines have so far been delivered, and according to some reports, HAL either builds or looks after 80 percent of India’s defence fleet. The market capitalization of HAL stands at over ₹3.3 lakh crore, as of May 2025.
5. MCX
In commodity trading, the Multi Commodity Exchange (MCX) is the place to be. It is India’s leading commodity derivatives exchange, with around 92% share of the market. It remains untouchable when it comes to trading in commodities such as gold, silver, oil, and metals, somewhere almost enjoying a monopoly stance. Its competitor, NCDEX, lags far behind, with only 4% share. Not just that, MCX is amongst the top 10 commodity exchanges in the world in terms of trading volume.
6. Indian Energy Exchange (IEX)
Talking about IEX or the Indian Energy Exchange, it goes across the lines of a short-term market and trades nearly 70% of the power on a spot basis, like, we have the Day-Ahead Market and Real-Time Market. It is a major platform for power companies and industries and large energy consumers right here in India. With more than 4,800 big clients, apart from manufacturers and IT companies, the market is almost a one-horse race for IEX, to say the least.
7. Computer Age Management Services (CAMS)
CAMS is the number-one mutual fund registrar and transfer agent in India, with 70 percent market share in this specific niche. It so happens that most mutual fund transactions like buying, selling, KYC, and so on pass through the CAMS machinery. Many experts claim that almost 90 percent of its revenue is from mutual fund services. With newer competition coming up from KFin Technologies, CAMS stays on top with its extremely strong ties to big asset managers.
8. Asian Paints
Asian Paints is India’s premier paint company with more than a 50% market share in the decorative paint sector right here in India. It is the best competitor with a pan-India distribution network, taking the product to cities and villages alike, and having continuous product innovations. It enjoys a net profit margin of above 15% and a return on equity of above 30%, and it is not simply a paint brand but the default paint for millions of Indian homes.
9. Pidilite Industries
According to many reports out there, Pidilite Industries, the company behind Fevicol and Dr. Fixit, commands over 70% share in the adhesives and construction chemicals market. So popular is Fevicol that in India, it is almost just another name for glue! Its products find application across almost every area, like, households, packaging, construction, and even furniture. With a reach spanning over 100 countries, Pidilite is even entering the paints sector to take on the big players of the game.
10. DreamFolks Services
And to end with a somewhat important piece of information, DreamFolks Services, although not a super popular name, holds a monopoly power in the airport lounge access market of India. It caters to 90% of card-based lounge access and 68% of total lounge business in India. It works with almost every major credit card company to offer its clients lounge entries, airport transfers, and more.
Conclusion
That is all there is for now. See, sure if you look a bit deeply into the Indian market right now, you’ll find a few other monopoly and duopoly stocks in the country, but by far, if we’re talking about the top and leading ones, these are the ten you should keep an eye on. That’s pretty much it!