Nifty India Manufacturing
NSETheme77 companies
- P/EPrice to earnings of an index. The index's P/E as the exchange publishes it with the close: its members' market value divided by their profit over the last twelve months, each member counted as the index weighs it.
- 25.49
- P/BPrice to book of an index. The index's P/B as the exchange publishes it: its members' market value divided by their net worth, the assets they own less everything they owe.
- 3.67
- Dividend yieldDividend yield of an index. The index's dividend yield as the exchange publishes it: dividends its members paid over the last twelve months as a percentage of their market value.
- 1.03%
- 1MOne-month return of an index. The latest close against the close a month earlier, on the same date or the last trading day before it, as a percentage.
- −9.37%
- 3MThree-month return of an index. The latest close against the close three months earlier, on the same date or the last trading day before it, as a percentage.
- −8.83%
- 1YOne-year return of an index. The latest close against the close a year earlier, on the same date or the last trading day before it, as a percentage.
- −4.17%
P/E against its own past
Where today's P/E sits among every trading day of each window: the dot is today, the tick the middle day.
P/E, 5 yearsPrice to earnings of an index. The index's P/E as the exchange publishes it with the close: its members' market value divided by their profit over the last twelve months, each member counted as the index weighs it.25.49
At or below today's level on 35% of 1,240 trading days over the last 5 years.
LowestHighest
Its median26.91
P/E, 3 yearsPrice to earnings of an index. The index's P/E as the exchange publishes it with the close: its members' market value divided by their profit over the last twelve months, each member counted as the index weighs it.25.49
At or below today's level on 4% of 744 trading days over the last 3 years.
LowestHighest
Its median28.15
P/E, 1 yearPrice to earnings of an index. The index's P/E as the exchange publishes it with the close: its members' market value divided by their profit over the last twelve months, each member counted as the index weighs it.25.49
At or below today's level on 0.4% of 247 trading days over the last 1 year.
LowestHighest
Its median27.82
P/E at each month's last trading day, and on 23 Oct 2026
What the Nifty India Manufacturing companies earned
Each quarter against the same quarter a year earlier, added up over today's members that filed both. A quarter fewer than 60% of them filed is left out.
- Revenue growthRevenue growth, against a year earlier. Revenue of the quarter to Jun 2026 against the same quarter a year earlier, added up over the 76 companies that filed both.
- +21.3%quarter to Jun 2026
- Profit growthProfit growth, against a year earlier. Profit of the quarter to Jun 2026 against the same quarter a year earlier, added up over the 76 companies that filed both and made a profit a year earlier.
- −7.9%quarter to Jun 2026
- Filed the quarterCompanies that filed the quarter. How many of the index's 77 listed companies have filed results for the quarter to Jun 2026; the growth figures are theirs.
- 77of 77
- Median ROCEMedian return on capital employed. The middle figure of the 73 companies' ROCE for the year to Mar 2026, half above and half below. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them.
- 16.6%year to Mar 2026
Growth against the same quarter a year earlier, per cent
- Revenue growth
- Profit growth
- Loss
Revenue grew against a year earlier in 12 of the 12 quarters shown.Fastest profit growth +133.1%, quarter to Sep 2025.
The largest companies
The 12 largest companies in the Nifty India Manufacturing, each sized by its market cap.
Market cap, ₹ crore
- Reliance Industries₹16,10,372 Cr
- Sun Pharmaceutical Industries₹4,19,404 Cr
- Mahindra & Mahindra₹3,55,798 Cr
- Maruti Suzuki India₹3,53,074 Cr
- Hindustan Aeronautics₹3,15,996 Cr
- JSW Steel₹2,89,909 Cr
- Bajaj Auto₹2,76,782 Cr
- Bharat Electronics₹2,64,614 Cr
- Divi's Laboratories₹2,37,594 Cr
- Hindustan Zinc₹2,09,576 Cr
- Tata Steel₹2,09,311 Cr
- Hindalco Industries₹1,95,475 Cr
Companies in the Nifty India Manufacturing
Largest first, by market cap.
Reliance IndustriesRELIANCE · Petroleum Products₹1,190.00+0.46%₹16,10,372 Cr21.68.5%0.50%−17.8%
Sun Pharmaceutical IndustriesSUNPHARMA · Pharmaceuticals & Biotechnology₹1,748.00−0.57%₹4,19,404 Cr34.716.9%0.92%+3.4%
Mahindra & MahindraM&M · Automobiles₹2,861.20−0.10%₹3,55,798 Cr19.313.3%1.15%−21.0%
Maruti Suzuki IndiaMARUTI · Automobiles₹11,230.00+0.54%₹3,53,074 Cr24.613.2%1.25%−31.5%
Hindustan AeronauticsHAL · Aerospace & Defense₹4,725.00−3.08%₹3,15,996 Cr33.920.8%0.95%−1.8%
JSW SteelJSWSTEEL · Ferrous Metals₹1,185.50−2.83%₹2,89,909 Cr11.711.2%0.60%+4.2%
Bajaj AutoBAJAJ-AUTO · Automobiles₹10,072.00−0.82%₹2,76,782 Cr23.522.3%1.49%+11.3%
Bharat ElectronicsBEL · Aerospace & Defense₹362.00−0.69%₹2,64,614 Cr43.131.7%0.69%−13.5%
Divi's LaboratoriesDIVISLAB · Pharmaceuticals & Biotechnology₹8,950.00−2.31%₹2,37,594 Cr81.220.8%0.34%+36.3%
Hindustan ZincHINDZINC · Non - Ferrous Metals₹496.00−4.25%₹2,09,576 Cr10.175.2%2.22%+2.9%
Tata SteelTATASTEEL · Ferrous Metals₹167.67−2.70%₹2,09,311 Cr19.011.9%2.39%−3.7%
Hindalco IndustriesHINDALCO · Non - Ferrous Metals₹869.85−1.78%₹1,95,475 Cr11.913.6%0.57%+9.8%
Eicher MotorsEICHERMOT · Automobiles₹7,066.00−0.26%₹1,93,977 Cr33.620.7%1.16%+2.6%
TVS Motor CompanyTVSMOTOR · Automobiles₹3,980.20+0.16%₹1,89,094 Cr55.218.0%0.30%+10.7%
Indian Oil CorporationIOC · Petroleum Products₹129.09−1.44%₹1,82,291 Cr5.413.8%6.39%−14.0%
Torrent PharmaceuticalsTORNTPHARM · Pharmaceuticals & Biotechnology₹4,524.40−1.97%₹1,72,094 Cr78.911.4%0.84%+25.2%
Solar Industries IndiaSOLARINDS · Chemicals & Petrochemicals₹18,365.00−3.39%₹1,66,185 Cr83.535.3%0.06%+31.0%
Samvardhana Motherson InternationalMOTHERSON · Auto Components₹151.67−1.92%₹1,60,079 Cr36.612.2%0.40%+41.3%
Pidilite IndustriesPIDILITIND · Chemicals & Petrochemicals₹1,487.70+0.44%₹1,51,528 Cr57.230.3%0.77%−1.9%
Hyundai Motor IndiaHYUNDAI · Automobiles₹1,850.00−2.40%₹1,50,320 Cr30.427.1%1.14%−19.3%
Tata MotorsTMCV · Agricultural, Commercial & Construction Vehicles₹396.00−4.41%₹1,45,838 Cr34.839.0%1.01%–
Vedanta Aluminium MetalVAML · Non - Ferrous Metals₹344.35−4.19%₹1,34,654 Cr––2.32%–
ABB IndiaABB · Electrical Equipment₹6,140.00−5.02%₹1,30,112 Cr43.618.7%1.95%+18.5%
BoschBOSCHLTD · Auto Components₹44,085.00+0.03%₹1,30,034 Cr55.016.3%0.61%+13.3%
CG Power and Industrial SolutionsCGPOWER · Electrical Equipment₹813.35−0.46%₹1,28,141 Cr102.717.5%0.16%+11.0%
Bharat Petroleum CorporationBPCL · Petroleum Products₹281.95−1.74%₹1,22,324 Cr7.113.5%6.21%−14.9%
Cummins IndiaCUMMINSIND · Industrial Products₹4,344.20−2.60%₹1,20,421 Cr50.928.1%1.52%+6.6%
Hitachi Energy IndiaPOWERINDIA · Electrical Equipment₹26,300.00−2.72%₹1,17,225 Cr101.925.4%0.03%+54.0%
SiemensSIEMENS · Electrical Equipment₹3,245.20−4.02%₹1,15,568 Cr35.311.7%0.55%+3.0%
Zydus LifesciencesZYDUSLIFE · Pharmaceuticals & Biotechnology₹1,129.40−0.49%₹1,12,658 Cr25.015.9%0.09%+11.9%
Polycab IndiaPOLYCAB · Industrial Products₹7,440.00−3.01%₹1,12,118 Cr35.532.0%0.63%−1.0%
CiplaCIPLA · Pharmaceuticals & Biotechnology₹1,338.00+0.53%₹1,08,093 Cr32.111.6%0.97%−18.7%
Laurus LabsLAURUSLABS · Pharmaceuticals & Biotechnology₹1,970.00−1.62%₹1,06,442 Cr97.419.8%0.10%+110.8%
Jindal SteelJINDALSTEL · Ferrous Metals₹1,015.90−2.03%₹1,03,631 Cr38.18.0%0.20%+0.7%
Dr. Reddy's LaboratoriesDRREDDY · Pharmaceuticals & Biotechnology₹1,229.50−0.77%₹1,02,624 Cr31.96.8%0.65%−3.9%
Tata Motors Passenger VehiclesTMPV · Automobiles₹264.60−2.00%₹97,452 Cr––1.13%−34.8%
GE Vernova T&D IndiaGVT&D · Electrical Equipment₹3,700.00−1.07%₹94,737 Cr72.663.5%0.27%+31.3%
Siemens Energy IndiaENRIN · Electrical Equipment₹2,653.30−4.01%₹94,489 Cr63.539.2%0.15%−15.6%
Aurobindo PharmaAUROPHARMA · Pharmaceuticals & Biotechnology₹1,571.70−2.43%₹90,432 Cr24.411.5%None+43.0%
VedantaVEDL · Diversified MetalsDemerger₹226.50−3.56%₹88,570 Cr––4.02%+25.3%
LupinLUPIN · Pharmaceuticals & Biotechnology₹1,928.90+0.36%₹88,207 Cr16.028.2%0.93%−0.6%
Ashok LeylandASHOKLEY · Agricultural, Commercial & Construction Vehicles₹144.95−0.74%₹85,142 Cr24.511.9%2.41%+5.2%
Bharat ForgeBHARATFORG · Auto Components₹1,711.20−1.71%₹83,621 Cr118.411.9%0.50%+31.6%
Mazagon Dock ShipbuildersMAZDOCK · Industrial Manufacturing₹1,860.00−3.24%₹75,029 Cr–23.7%0.97%−33.8%
SRFSRF · Chemicals & Petrochemicals₹2,310.00−0.88%₹68,474 Cr30.015.1%0.43%−24.9%
Dixon Technologies (India)DIXON · Consumer Durables₹11,191.00−3.48%₹68,456 Cr36.524.6%0.09%−28.3%
Havells IndiaHAVELLS · Consumer Durables₹1,031.00−3.91%₹64,702 Cr38.918.6%0.97%−31.1%
Welspun CorpWELCORP · Industrial Products₹2,388.70−2.27%₹63,012 Cr27.317.4%0.21%+182.9%
UNO MindaUNOMINDA · Auto Components₹1,057.00−1.04%₹61,038 Cr50.815.9%0.25%−11.7%
Alkem LaboratoriesALKEM · Pharmaceuticals & Biotechnology₹4,947.00−1.33%₹59,149 Cr27.416.5%1.07%−10.6%
APL Apollo TubesAPLAPOLLO · Industrial Products₹2,033.70−0.91%₹56,467 Cr45.927.9%0.42%+16.0%
Suzlon EnergySUZLON · Electrical Equipment₹37.40−3.03%₹51,411 Cr16.427.4%None−31.4%
Coromandel InternationalCOROMANDEL · Fertilizers & Agrochemicals₹1,718.00−3.30%₹50,691 Cr27.718.4%0.64%−20.6%
MRFMRF · Auto Components₹1,17,915.00−0.80%₹50,009 Cr20.713.1%0.20%−27.4%
Linde IndiaLINDEINDIA · Chemicals & Petrochemicals₹5,723.50−3.00%₹48,812 Cr89.315.7%0.21%−6.3%
Sona BLW Precision ForgingsSONACOMS · Auto Components₹752.85−1.58%₹46,988 Cr68.014.3%0.45%+57.5%
Anthem BiosciencesANTHEM · Pharmaceuticals & Biotechnology₹812.80+1.50%₹45,804 Cr79.521.2%0.25%+13.2%
Supreme IndustriesSUPREMEIND · Industrial Products₹3,390.00−2.90%₹43,062 Cr41.719.0%1.06%−18.3%
UPLUPL · Fertilizers & Agrochemicals₹508.65−1.06%₹42,939 Cr21.39.5%1.18%−24.7%
Balkrishna IndustriesBALKRISIND · Auto Components₹2,109.80−0.02%₹40,786 Cr29.011.6%0.76%−10.2%
Tube Investments of IndiaTIINDIA · Auto Components₹2,080.00−0.95%₹40,263 Cr66.410.7%0.17%−35.1%
Navin Fluorine InternationalNAVINFLUOR · Chemicals & Petrochemicals₹7,668.50−3.50%₹39,346 Cr49.820.7%0.20%+51.8%
Hindustan CopperHINDCOPPER · Non - Ferrous Metals₹399.05−3.27%₹38,589 Cr34.042.1%0.72%+20.7%
Page IndustriesPAGEIND · Textiles & Apparels₹33,830.00−1.73%₹37,734 Cr49.968.6%1.77%−18.4%
AstralASTRAL · Industrial Products₹1,357.00−2.13%₹36,456 Cr63.419.3%0.29%−6.8%
KEI IndustriesKEI · Industrial Products₹3,725.00−3.82%₹35,611 Cr33.718.2%0.12%−8.7%
K.P.R. MillKPRMILL · Textiles & Apparels₹1,024.60+0.09%₹35,022 Cr38.417.7%0.49%−5.4%
AIA EngineeringAIAENG · Industrial Products₹3,579.20−1.51%₹33,401 Cr26.414.2%0.45%+6.7%
VoltasVOLTAS · Consumer Durables₹950.00−3.95%₹31,434 Cr70.08.8%0.42%−33.6%
PI IndustriesPIIND · Fertilizers & Agrochemicals₹2,051.00−1.15%₹31,117 Cr26.79.9%0.73%−42.1%
Blue StarBLUESTARCO · Consumer Durables₹1,499.00−4.19%₹30,822 Cr60.517.5%0.57%−24.0%
Cochin ShipyardCOCHINSHIP · Industrial Manufacturing₹1,139.90−2.06%₹29,989 Cr44.19.1%0.79%−36.4%
Escorts KubotaESCORTS · Agricultural, Commercial & Construction Vehicles₹2,627.00−0.38%₹29,390 Cr21.310.2%1.94%−28.6%
Himadri Speciality ChemicalHSCL · Chemicals & Petrochemicals₹492.00−5.91%₹24,825 Cr29.015.9%0.16%+4.5%
Kaynes Technology IndiaKAYNES · Industrial Manufacturing₹3,187.90−3.22%₹21,430 Cr62.08.5%None−52.5%
Amber Enterprises IndiaAMBER · Consumer Durables₹6,004.50−2.84%₹21,177 Cr220.57.5%None−27.7%
Crompton Greaves Consumer ElectricalsCROMPTON · Consumer Durables₹195.18−3.09%₹12,568 Cr–20.4%1.54%−32.9%
Funds that follow the Nifty India Manufacturing
19 funds with the Nifty India Manufacturing as the benchmark they measure themselves against, from each fund's latest monthly report.
HDFC Manufacturing fundSectoral / Thematic · HDFC Mutual Fund1Y−0.25%3Y–5Y–Size₹10,559 CrCost0.95%
ICICI Prudential Manufacturing FundSectoral / Thematic · ICICI Prudential Mutual Fund1Y+0.82%3Y+16.75%5Y+16.75%Size₹7,085 CrCost1.20%
Axis India Manufacturing FundSectoral / Thematic · Axis Mutual Fund1Y+6.48%3Y–5Y–Size₹5,569 CrCost0.92%
Kotak Manufacture in India FundSectoral / Thematic · Kotak Mahindra Mutual Fund1Y+7.02%3Y+17.82%5Y–Size₹3,027 CrCost0.76%
Canara Robeco Manufacturing FundSectoral / Thematic · Canara Robeco Mutual Fund1Y+1.52%3Y–5Y–Size₹1,715 CrCost1.00%
Aditya Birla Sun Life Manufacturing Equity FundSectoral / Thematic · Aditya Birla Sun Life Mutual Fund1Y+10.52%3Y+18.42%5Y+13.77%Size₹1,335 CrCost1.40%
Baroda BNP Paribas Manufacturing FundSectoral / Thematic · Baroda BNP Paribas Mutual Fund1Y+2.49%3Y–5Y–Size₹837 CrCost1.31%
LIC Mf Manufacturing FundSectoral / Thematic · LIC Mutual Fund1Y+6.22%3Y–5Y–Size₹780 CrCost1.45%
quant Manufacturing FundSectoral / Thematic · quant Mutual Fund1Y+3.36%3Y+13.42%5Y–Size₹739 CrCost1.44%
Invesco India Manufacturing FundSectoral / Thematic · Invesco Mutual Fund1Y+8.90%3Y–5Y–Size₹729 CrCost1.15%
Motilal Oswal Manufacturing FundSectoral / Thematic · Motilal Oswal Mutual Fund1Y−5.72%3Y–5Y–Size₹684 CrCost1.92%
Mahindra Manulife Manufacturing FundSectoral / Thematic · Mahindra Manulife Mutual Fund1Y+1.94%3Y–5Y–Size₹672 CrCost1.17%
Mirae Asset Nifty India Manufacturing ETFETF · Mirae Asset Mutual Fund1Y−2.38%3Y+15.09%5Y–Size₹260 CrCost0.52%- Mirae Asset Nifty India Manufacturing ETF FOFFund of Funds · Mirae Asset Mutual Fund1Y−2.70%3Y+14.81%5Y–Size₹126 CrCost0.06%
Navi Nifty India Manufacturing Index FundIndex Fund · Navi Mutual Fund1Y−2.31%3Y+15.15%5Y–Size₹83 CrCost0.58%
Nippon India Nifty India Manufacturing IndexIndex Fund · Nippon India Mutual Fund1Y−2.16%3Y–5Y–Size₹41 CrCost0.36%
UTI Nifty India Manufacturing Index FundIndex Fund · UTI Mutual Fund1Y−2.51%3Y–5Y–Size₹31 CrCost0.72%- Nippon India Nifty India Manufacturing ETFETF · Nippon India Mutual Fund1Y−2.12%3Y–5Y–Size₹12 CrCost0.30%
- Motilal Oswal Nifty India Manufacturing ETFETF · Motilal Oswal Mutual Fund1Y−2.50%3Y–5Y–Size₹2 CrCost0.71%
About the Nifty India Manufacturing
An index of 77 companies: it shows how they have moved together, and its P/E is what the market pays for a year of their profit.
- Published by
- NSE
- Kind
- Theme
- CompaniesCompanies in an index. How many companies the index holds on its current list, which the exchange revises from time to time.
- 77
- List last changed
- 9 Oct 2026
- Above 200-day averageMembers above their 200-day average. The share of the index's members whose latest close is above their own average close of the last 200 trading days; members listed too recently to have one are left out.
- 17 of 76
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Nifty Commodities30 companiesP/E 14.04
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