MarketGrader India Growth Leaders 50 Index


Five Largest Companies
Symbol Name Grade Market Cap Country
532454.IN Bharti Airtel Limited 63.8 ¤118,101 IN
500112.IN State Bank of India 67.1 ¤106,963 IN
500049.IN Bharat Electronics Limited 70.9 ¤33,875 IN
541154.IN Hindustan Aeronautics Limited 62.2 ¤32,735 IN
505200.IN Eicher Motors Limited 69.9 ¤21,213 IN

Five Smallest Companies
Symbol Name Grade Market Cap Country
532928.IN Transformers and Rectifiers (India) Limi 47.0 ¤994 IN
538666.IN Sharda Cropchem Ltd. 74.2 ¤1,070 IN
540073.IN BLS International Services Ltd. 76.2 ¤1,247 IN
542726.IN IndiaMART InterMESH Ltd. 57.2 ¤1,303 IN
532178.IN Engineers India Limited 75.3 ¤1,559 IN

Companies with Most Selections Among Current Components
Symbol Name Grade Times* Country
500257.IN Lupin Limited 72.1 19 IN
532321.IN Zydus Lifesciences Limited 68.0 18 IN
500182.IN Hero Motocorp Limited 67.4 17 IN
532331.IN Ajanta Pharma Limited 62.8 15 IN
505200.IN Eicher Motors Limited 69.9 14 IN
526371.IN NMDC Limited 62.2 14 IN
500049.IN Bharat Electronics Limited 70.9 13 IN
500112.IN State Bank of India 67.1 13 IN
524816.IN NATCO Pharma Limited 71.4 13 IN
542652.IN Polycab India Ltd. 74.0 10 IN
*Number of times selected at Index semi-annual reconstitutions since inception date.
Index Bio
Average Market Cap ¤11,862
Median Market Cap ¤5,629
Avg. 3 Mo. Dollar Vol. ¤2,020,910
Avg. 3 Mo. Trading Vol. 430,581
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.) 25.4
Forward P/E Ratio (12 Mo.) 26.6
Price/Book Ratio 6.3
Avg. Revenue Chg. - 3 Yr 79.8%
Avg. Op. Income Chg. - 3 Yr. 125.0%
Avg. EPS Growth - 3 Yr. 28.1%
Avg. EPS Growth - 1 Yr. 28.9%
Avg. Operating Margin 23.9%
Avg. LT Debt to Total Capital 9.2%
Avg. Return on Equity 22.7%
Dividend Yield 0.8%
Index Average Grade
India Growth Leaders 50 Index 67.93
Country Breakdown
India 100.0%
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