MarketGrader India Growth Leaders 50 Index


Five Largest Companies
Symbol Name Grade Market Cap Country
532454.IN Bharti Airtel Limited 57.5 ¤125,418 IN
500112.IN State Bank of India 54.9 ¤100,111 IN
500049.IN Bharat Electronics Limited 54.6 ¤31,745 IN
541154.IN Hindustan Aeronautics Limited 51.7 ¤31,547 IN
505200.IN Eicher Motors Limited 59.0 ¤21,159 IN

Five Smallest Companies
Symbol Name Grade Market Cap Country
538666.IN Sharda Cropchem Ltd. 64.6 ¤864 IN
540073.IN BLS International Services Ltd. 70.2 ¤1,023 IN
532928.IN Transformers and Rectifiers (India) Limi 46.3 ¤1,083 IN
542726.IN IndiaMART InterMESH Ltd. 57.3 ¤1,211 IN
532178.IN Engineers India Limited 48.4 ¤1,409 IN

Companies with Most Selections Among Current Components
Symbol Name Grade Times* Country
500257.IN Lupin Limited 67.9 19 IN
532321.IN Zydus Lifesciences Limited 58.3 18 IN
500182.IN Hero Motocorp Limited 76.7 17 IN
532331.IN Ajanta Pharma Limited 72.5 15 IN
505200.IN Eicher Motors Limited 59.0 14 IN
526371.IN NMDC Limited 68.9 14 IN
500049.IN Bharat Electronics Limited 54.6 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. 65.0 10 IN
*Number of times selected at Index semi-annual reconstitutions since inception date.
Index Bio
Average Market Cap ¤11,789
Median Market Cap ¤5,314
Avg. 3 Mo. Dollar Vol. ¤1,943,929
Avg. 3 Mo. Trading Vol. 429,063
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.) 25.9
Forward P/E Ratio (12 Mo.) 23.8
Price/Book Ratio 6.4
Avg. Revenue Chg. - 3 Yr 71.9%
Avg. Op. Income Chg. - 3 Yr. 111.4%
Avg. EPS Growth - 3 Yr. 26.9%
Avg. EPS Growth - 1 Yr. 32.5%
Avg. Operating Margin 24.2%
Avg. LT Debt to Total Capital 13.1%
Avg. Return on Equity 20.9%
Dividend Yield 0.7%
Index Average Grade
India Growth Leaders 50 Index 60.87
Country Breakdown
India 100.0%
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