MarketGrader India Growth Leaders 50 Index


Five Largest Companies
Symbol Name Grade Market Cap Country
532454.IN Bharti Airtel Limited 64.0 ¤127,260 IN
500112.IN State Bank of India 61.3 ¤101,523 IN
541154.IN Hindustan Aeronautics Limited 61.1 ¤34,354 IN
500049.IN Bharat Electronics Limited 62.6 ¤31,563 IN
505200.IN Eicher Motors Limited 69.1 ¤23,238 IN

Five Smallest Companies
Symbol Name Grade Market Cap Country
538666.IN Sharda Cropchem Ltd. 64.1 ¤728 IN
532928.IN Transformers and Rectifiers (India) Limi 50.9 ¤971 IN
540073.IN BLS International Services Ltd. 78.8 ¤1,051 IN
542726.IN IndiaMART InterMESH Ltd. 63.0 ¤1,106 IN
532178.IN Engineers India Limited 60.6 ¤1,478 IN

Companies with Most Selections Among Current Components
Symbol Name Grade Times* Country
500257.IN Lupin Limited 75.7 19 IN
532321.IN Zydus Lifesciences Limited 58.5 18 IN
500182.IN Hero Motocorp Limited 65.6 17 IN
532331.IN Ajanta Pharma Limited 71.4 15 IN
505200.IN Eicher Motors Limited 69.1 14 IN
526371.IN NMDC Limited 62.0 14 IN
500049.IN Bharat Electronics Limited 62.6 13 IN
500112.IN State Bank of India 61.3 13 IN
524816.IN NATCO Pharma Limited 49.2 13 IN
542652.IN Polycab India Ltd. 61.1 10 IN
*Number of times selected at Index semi-annual reconstitutions since inception date.
Index Bio
Average Market Cap ¤12,010
Median Market Cap ¤6,506
Avg. 3 Mo. Dollar Vol. ¤1,858,086
Avg. 3 Mo. Trading Vol. 386,646
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.) 24.4
Forward P/E Ratio (12 Mo.) 23.0
Price/Book Ratio 6.6
Avg. Revenue Chg. - 3 Yr 71.6%
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 24.1%
Avg. LT Debt to Total Capital 13.1%
Avg. Return on Equity 17.1%
Dividend Yield 0.7%
Index Average Grade
India Growth Leaders 50 Index 63.9
Country Breakdown
India 100.0%
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