Nifty MidSmallcap 400 logo

Nifty MidSmallcap 400

NSEBroad market400 companies

P/E
27.92
P/B
3.43
Dividend yield
0.96%
1M
−10.48%
3M
−8.59%
1Y
−5.82%

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, 10 years27.92

At or below today's level on 23% of 2,480 trading days over the last 10 years.

LowestHighest
Its median33.25
P/E, 5 years27.92

At or below today's level on 42% of 1,240 trading days over the last 5 years.

LowestHighest
Its median30.10
P/E, 3 years27.92

At or below today's level on 14% of 744 trading days over the last 3 years.

LowestHighest
Its median32.07
P/E, 1 year27.92

At or below today's level on 3% of 247 trading days over the last 1 year.

LowestHighest
Its median31.05

P/E at each month's last trading day, and on 23 Oct 2026

What the Nifty MidSmallcap 400 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 growth
+17.0%quarter to Jun 2026
Profit growth
+13.8%quarter to Jun 2026
Filed the quarter
397of 397
Median ROCE
13.4%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 +35.2%, quarter to Sep 2023.

The largest companies

The 12 largest companies in the Nifty MidSmallcap 400, each sized by its market cap.

Market cap, ₹ crore

  • Life Insurance Corporation of India₹4,82,597 Cr
  • Bharat Heavy Electricals₹1,34,930 Cr
  • ICICI Prudential Asset Management Company₹1,31,067 Cr
  • Billionbrains Garage Ventures₹1,13,878 Cr
  • Indian Bank₹1,12,761 Cr
  • The Indian Hotels Company₹1,11,277 Cr
  • LG Electronics India₹1,09,330 Cr
  • Lenskart Solutions₹1,08,959 Cr
  • Laurus Labs₹1,06,442 Cr
  • One 97 Communications₹1,03,690 Cr
  • Hero MotoCorp₹1,01,011 Cr
  • Lloyds Metals and Energy₹1,00,307 Cr

Companies in the Nifty MidSmallcap 400

Largest first, by market cap. 397 of its 400 members are listed here; the rest had no price on the latest trading day.

Changes to the list

Each list of the index's companies against the one before it. The date is the list's own, the day the new list was published.

Funds that follow the Nifty MidSmallcap 400

1 fund with the Nifty MidSmallcap 400 as the benchmark they measure themselves against, from each fund's latest monthly report.

About the Nifty MidSmallcap 400

An index of 400 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
Broad market
Companies
400
List last changed
30 Sep 2026
Above 200-day average
113 of 390