MarketGrader India Growth Leaders 50 Index


Five Largest Companies
Symbol Name Grade Market Cap Country
532454.IN Bharti Airtel Limited 54.1 ¤128,720 IN
500112.IN State Bank of India 54.9 ¤102,231 IN
541154.IN Hindustan Aeronautics Limited 51.2 ¤32,472 IN
500049.IN Bharat Electronics Limited 63.3 ¤29,923 IN
505200.IN Eicher Motors Limited 69.1 ¤23,065 IN

Five Smallest Companies
Symbol Name Grade Market Cap Country
538666.IN Sharda Cropchem Ltd. 63.8 ¤781 IN
532928.IN Transformers and Rectifiers (India) Limi 51.9 ¤930 IN
540073.IN BLS International Services Ltd. 70.0 ¤1,108 IN
542726.IN IndiaMART InterMESH Ltd. 63.0 ¤1,122 IN
532178.IN Engineers India Limited 47.7 ¤1,421 IN

Companies with Most Selections Among Current Components
Symbol Name Grade Times* Country
500257.IN Lupin Limited 76.7 19 IN
532321.IN Zydus Lifesciences Limited 64.7 18 IN
500182.IN Hero Motocorp Limited 76.3 17 IN
532331.IN Ajanta Pharma Limited 71.4 15 IN
505200.IN Eicher Motors Limited 69.1 14 IN
526371.IN NMDC Limited 68.2 14 IN
500049.IN Bharat Electronics Limited 63.3 13 IN
500112.IN State Bank of India 54.9 13 IN
524816.IN NATCO Pharma Limited 47.1 13 IN
542652.IN Polycab India Ltd. 61.5 10 IN
*Number of times selected at Index semi-annual reconstitutions since inception date.
Index Bio
Average Market Cap ¤11,960
Median Market Cap ¤5,429
Avg. 3 Mo. Dollar Vol. ¤1,912,521
Avg. 3 Mo. Trading Vol. 408,750
Last Rebalance Date 03/23/2026
Companies Replaced 16
Biggest Sector Increase Industrials
Biggest Sector Decrease Financials

Fundamental Attributes
Trailing P/E Ratio (12 Mo.) 25.0
Forward P/E Ratio (12 Mo.) 23.0
Price/Book Ratio 6.7
Avg. Revenue Chg. - 3 Yr 70.9%
Avg. Op. Income Chg. - 3 Yr. 108.6%
Avg. EPS Growth - 3 Yr. 27.9%
Avg. EPS Growth - 1 Yr. 32.5%
Avg. Operating Margin 24.2%
Avg. LT Debt to Total Capital 13.1%
Avg. Return on Equity 23.0%
Dividend Yield 0.7%
Index Average Grade
India Growth Leaders 50 Index 63.85
Country Breakdown
India 100.0%
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