MarketGrader India Growth Leaders 50 Index


Five Largest Companies
Symbol Name Grade Market Cap Country
532454.IN Bharti Airtel Limited 57.9 ¤117,274 IN
500112.IN State Bank of India 60.3 ¤92,906 IN
500049.IN Bharat Electronics Limited 55.3 ¤31,861 IN
541154.IN Hindustan Aeronautics Limited 52.4 ¤30,709 IN
505200.IN Eicher Motors Limited 59.0 ¤21,251 IN

Five Smallest Companies
Symbol Name Grade Market Cap Country
538666.IN Sharda Cropchem Ltd. 64.3 ¤878 IN
532928.IN Transformers and Rectifiers (India) Limi 46.7 ¤1,005 IN
540073.IN BLS International Services Ltd. 69.7 ¤1,134 IN
542726.IN IndiaMART InterMESH Ltd. 57.7 ¤1,265 IN
532178.IN Engineers India Limited 71.1 ¤1,371 IN

Companies with Most Selections Among Current Components
Symbol Name Grade Times* Country
500257.IN Lupin Limited 67.3 19 IN
532321.IN Zydus Lifesciences Limited 58.6 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 59.0 14 IN
526371.IN NMDC Limited 62.2 14 IN
500049.IN Bharat Electronics Limited 55.3 13 IN
500112.IN State Bank of India 60.3 13 IN
524816.IN NATCO Pharma Limited 70.7 13 IN
542652.IN Polycab India Ltd. 65.4 10 IN
*Number of times selected at Index semi-annual reconstitutions since inception date.
Index Bio
Average Market Cap ¤11,460
Median Market Cap ¤5,587
Avg. 3 Mo. Dollar Vol. ¤1,944,942
Avg. 3 Mo. Trading Vol. 413,765
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.) 24.5
Price/Book Ratio 6.2
Avg. Revenue Chg. - 3 Yr 79.8%
Avg. Op. Income Chg. - 3 Yr. 128.3%
Avg. EPS Growth - 3 Yr. 32.1%
Avg. EPS Growth - 1 Yr. 32.5%
Avg. Operating Margin 23.9%
Avg. LT Debt to Total Capital 10.4%
Avg. Return on Equity 22.7%
Dividend Yield 0.7%
Index Average Grade
India Growth Leaders 50 Index 62.1
Country Breakdown
India 100.0%
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