BSE Clean Environment stocks list
BSETheme29 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. Price to earnings of an index: how it is worked out
- 44.64
- 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.
- 6.41
- 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.
- 0.37%
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 at each month's last trading day, and on 27 Oct 2026
What the BSE Clean Environment companies earned
Revenue against the same quarter a year earlier, over today's members that filed both; profit after tax added up over the members that filed the quarter. A quarter fewer than 60% of them filed is left out, and the newest is added once nearly as many have filed it as the one before.
- 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 25 companies that filed both.
- +20.0%quarter to Jun 2026
- ProfitProfit after tax, added up. Profit after tax of the quarter to Jun 2026, added up over the 29 companies that filed it; a loss counts as negative.
- ₹7,391 Crquarter to Jun 2026
- Filed the quarterCompanies that filed the quarter. How many of the index's 29 listed companies have filed results for the quarter to Jun 2026; the revenue growth and the profit are theirs.
- 29of 29
- Median ROCEMedian return on capital employed. The middle figure of the 29 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.
- 11.4%year to Mar 2026
Revenue against the same quarter a year earlier, per cent
Profit after tax, ₹ crore, added up over the companies that filed
The largest companies
The 12 largest companies in the BSE Clean Environment, each sized by its market cap.
Market cap, ₹ crore
- Adani Green Energy₹2,12,321 Cr
- Tata Power Company₹1,08,354 Cr
- JSW Energy₹86,110 Cr
- NHPC₹73,530 Cr
- NTPC Green Energy₹70,048 Cr
- Ather Energy₹66,391 Cr
- Waaree Energies₹65,441 Cr
- Suzlon Energy₹50,751 Cr
- Premier Energies₹39,131 Cr
- Acme Solar Holdings₹29,410 Cr
- Mtar Technologies₹20,738 Cr
- SJVN₹19,944 Cr
Companies in the BSE Clean Environment
Largest first, by market cap.
Waaree Renewable TechnologiesWAAREERTL · Electrical Equipment₹677.30+3.33%₹7,070 Cr15.2021.0%None−49.1%
Funds that follow the BSE Clean Environment
1 index fund or ETF tracks the BSE Clean Environment.
Motilal Oswal BSE Clean Environment Index FundIndex Fund · Motilal Oswal Mutual FundNAV₹8.41931Y–3Y–5Y–Size₹45 CrCost1.07%
About the BSE Clean Environment
BSE Clean Environment measures the performance of companies that represent the clean environment theme: companies in the clean energy production value chain, makers of electric vehicles and batteries, and recyclers of plastic, metals, waste and water. It is maintained by BSE Index Services Pvt. Ltd.
How companies are chosen
Companies are drawn from the BSE 1000 and must belong to one of the basic industries named for this index.
A company must rank in the top 80% of the BSE 1000 by annualised daily traded value, and more than 25% of its revenue must come from clean environment and related businesses.
What counts as that revenue depends on the industry. Heavy electrical equipment, other electrical equipment and aerospace and defence companies qualify on products closely related to renewables, such as wind turbine generators and solar modules.
Passenger car and utility vehicle makers and two- and three-wheeler makers count revenue from electric vehicle sales. Integrated power utilities and power generators count revenue from renewable generation. Auto component makers count revenue from lithium-ion batteries.
Waste management companies count revenue from waste management, water supply and management companies count revenue from water supply, industrial minerals companies count metal recycling, and other textile products companies count PET recycling.
How it is weighted
Constituents are weighted by float-adjusted market capitalisation, which counts only a company's available float, with no single stock above 15%. The cap is applied each quarter, in Mar, Jun, Sep and Dec.
When it is reviewed
The index is rebalanced twice a year, effective on the Monday after the third Friday of Jun and Dec, using data as of the last trading day of Apr and Oct.
A company whose industry classification changes so that it becomes ineligible is deleted at the next quarterly share update.
Base date and value
The index was launched on 20 Jan 2026, and its values start from 18 Dec 2017.
- Published by
- BSE
- Kind
- Theme
- CompaniesCompanies in an index. How many companies the index holds on its current list, which the exchange revises from time to time. Companies in an index in the glossary
- 29
- List last changed
- 30 Sep 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. Members above their 200-day average in the glossary
- 7 of 29
Theme indices
Others in this group, the most used as a fund's benchmark first.All
- BSE Financials Ex-Banks 30 Index30 companiesP/E 17.83
BSE Internet Economy20 companiesP/E 37.79- BSE REITS and Commercial Real Estate14 companiesP/E 50.87
- Nifty Conglomerate 5050 companiesP/E 19.47
Nifty CPSE11 companiesP/E 11.50
Nifty India Infrastructure & Logistics100 companiesP/E 25.72
Nifty IPO115 companiesP/E 94.97
Nifty MidSmall India Consumption30 companiesP/E 47.06
Nifty Non-Cyclical Consumer30 companiesP/E 42.46- Nifty50 Shariah18 companiesP/E 25.00