BSE India Infrastructure Index stocks list
BSETheme30 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
- 16.03
- 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.
- 2.71
- 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.
- 1.66%
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 India Infrastructure Index 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 30 companies that filed both.
- +15.7%quarter to Jun 2026
- ProfitProfit after tax, added up. Profit after tax of the quarter to Jun 2026, added up over the 30 companies that filed it; a loss counts as negative.
- ₹63,695 Crquarter to Jun 2026
- Filed the quarterCompanies that filed the quarter. How many of the index's 30 listed companies have filed results for the quarter to Jun 2026; the revenue growth and the profit are theirs.
- 30of 30
- Median ROCEMedian return on capital employed. The middle figure of the 25 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.
- 10.0%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 India Infrastructure Index, each sized by its market cap.
Market cap, ₹ crore
- Larsen & Toubro₹5,04,279 Cr
- Adani Ports and Special Economic Zone₹4,04,230 Cr
- Adani Power₹3,63,883 Cr
- NTPC₹2,92,645 Cr
- Oil & Natural Gas Corporation₹2,89,158 Cr
- Power Grid Corporation of India₹2,34,143 Cr
- Adani Green Energy₹2,12,321 Cr
- InterGlobe Aviation₹1,77,731 Cr
- GAIL (India)₹1,08,936 Cr
- Tata Power Company₹1,08,354 Cr
- Power Finance Corporation₹1,04,151 Cr
- Indian Railway Finance Corporation₹97,439 Cr
Companies in the BSE India Infrastructure Index
Largest first, by market cap.
Adani Ports and Special Economic ZoneADANIPORTS · Transport Infrastructure₹1,754.50+0.11%₹4,04,230 Cr–11.6%0.43%+23.5%
Power Finance CorporationPFC · Finance₹315.60−0.85%₹1,04,151 Cr4.00Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.5.94%−20.5%
Indian Railway Finance CorporationIRFC · Finance₹74.56+0.22%₹97,439 Cr13.20Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.2.95%−39.6%
RECRECLTD · Finance₹286.50−3.92%₹75,442 Cr5.00Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.4.75%−23.3%
Housing & Urban Development CorporationHUDCO · Finance₹143.33−1.32%₹28,693 Cr6.70Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.4.29%−36.9%
Indian Renewable Energy Development AgencyIREDA · Finance₹99.70−2.13%₹28,008 Cr14.20Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.1.35%−35.0%
The Great Eastern Shipping CompanyGESHIP · Transport Services₹1,550.90+1.21%₹22,142 Cr5.9016.2%2.73%+47.4%
Funds that follow the BSE India Infrastructure Index
2 index funds and ETFs track the BSE India Infrastructure Index; 9 other funds use it as their benchmark.
Aditya Birla Sun Life BSE India Infrastructure Index FundIndex Fund · Aditya Birla Sun Life Mutual FundNAV₹8.32231Y−12.26%3Y–5Y–Size₹31 CrCost0.57%
Motilal Oswal BSE India Infrastructure ETFETF · Motilal Oswal Mutual FundNAV₹54.00691Y−12.42%3Y–5Y–Size₹3 CrCost0.65%
About the BSE India Infrastructure Index
The BSE India Infrastructure Index measures the performance of Indian infrastructure companies within the BSE AllCap. It is built to hold 30 companies, a count set at each rebalancing, and is maintained by BSE Index Services Pvt. Ltd.
How companies are chosen
The universe is the BSE AllCap. Only common stocks with a listing history of at least six months and a qualifying basic industry under the common India Industry Classification Structure are eligible. Float-adjusted market capitalization counts only a company's available float, which its investable weight factor defines.
Qualifying industries are grouped into infrastructure clusters: Energy, NBFCs, Construction & Engineering, Transportation and Utilities. Construction and engineering leaves out companies manufacturing pipes and tubes, utilities leave out companies trading electricity, and the NBFC cluster includes only companies the Reserve Bank of India categorizes as infrastructure finance.
At each semi-annual rebalancing a stock needs an average six-month daily float-adjusted market capitalization of at least ₹100 crore, an annualized traded value of at least ₹20 crore and a turnover ratio of at least 10%. Current members stay eligible at ₹80 crore, ₹16 crore and 8%. A stock also needs no more than five non-trading days in the past six months.
The turnover ratio is the annualized traded value divided by the average six-month daily float-adjusted market capitalization.
Eligible stocks are ranked within their infrastructure cluster by average six-month daily float-adjusted market capitalization, and those ranked below 10th are excluded. Where fewer than 30 stocks are eligible, the cut-off moves to 15th.
The top 20 stocks are then selected, members or not. Existing members ranked 21 to 40 fill the rest in rank order until the count reaches 30, and non-members are added in rank order if it is still short.
How it is weighted
Members are weighted by float-adjusted market capitalization, with a cap of 10% on any one stock and 30% on any one infrastructure cluster, applied at each semi-annual rebalancing.
When it is reviewed
The index is rebalanced semiannually, effective from market open on the Monday following the third Friday of Mar and Sep. The data used is as of the close on the third Friday of Feb and Aug.
No stocks are added between rebalancings, so after deletions the number of members can fall below the count set at the rebalancing.
Base date and value
The index was launched on 19 May 2014, and its values begin on 3 Apr 2006.
- 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
- 30
- 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
- 5 of 30
Theme indices
Others in this group, the most used as a fund's benchmark first.All
BSE TECK21 companiesP/E 21.04- Nifty100 ESG79 companiesP/E 19.54
Nifty MNC30 companiesP/E 32.50
Nifty India Defence22 companiesP/E 54.89
Nifty Capital Markets17 companiesP/E 41.86
Nifty Commodities30 companiesP/E 14.15
Nifty Services Sector30 companiesP/E 20.62
Nifty Transportation & Logistics31 companiesP/E 40.05
BSE India Sector Leaders59 companiesP/E 21.52- BSE PSU60 companiesP/E 10.49