BSE India Manufacturing Index logo

BSE India Manufacturing Index stocks list

BSETheme30 companies

P/E
19.85
P/B
3.75
Dividend yield
1.38%

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 29 Oct 2026

55.9913.6319.85Jun 15Dec 16Jun 18Dec 19Jun 21Dec 22Jun 24Dec 25Oct 26

What the BSE India Manufacturing 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 growth
+22.2%quarter to Jun 2026
Profit
₹1,10,296 Crquarter to Jun 2026
Filed the quarter
30of 30
Median ROCE
16.8%year to Mar 2026

Revenue against the same quarter a year earlier, per cent

6.6Mar 245.3Jun 243.6Sep 246.1Dec 246.2Mar 255.5Jun 259.9Sep 2512Dec 2514Mar 2622Jun 26
Revenue grew against a year earlier in 10 of the 10 quarters shown.

Profit after tax, ₹ crore, added up over the companies that filed

1,07,985Mar 2486,838Jun 2479,737Sep 2490,639Dec 241,17,828Mar 251,07,121Jun 251,64,921Sep 2593,875Dec 251,29,821Mar 261,10,296Jun 26
Largest profit ₹1,64,921 Cr, quarter to Sep 2025.

The largest companies

The 12 largest companies in the BSE India Manufacturing Index, each sized by its market cap.

Market cap, ₹ crore

  • Reliance Industries₹15,79,789 Cr
  • Larsen & Toubro₹5,27,945 Cr
  • Hindustan Unilever₹4,36,601 Cr
  • Sun Pharmaceutical Industries₹4,22,523 Cr
  • Titan Company₹3,93,644 Cr
  • Mahindra & Mahindra₹3,59,380 Cr
  • Maruti Suzuki India₹3,59,236 Cr
  • ITC₹3,32,059 Cr
  • UltraTech Cement₹3,29,304 Cr
  • Hindustan Aeronautics₹3,25,687 Cr
  • JSW Steel₹3,07,002 Cr
  • Bajaj Auto₹2,85,329 Cr

Companies in the BSE India Manufacturing Index

Largest first, by market cap.

  • Reliance Industries logoReliance IndustriesRELIANCE · Petroleum Products₹1,167.40+0.81%₹15,79,789 Cr21.108.5%0.51%−22.4%
  • Larsen & Toubro logoLarsen & ToubroLT · Construction₹3,837.10+0.94%₹5,27,945 Cr29.609.2%0.99%−3.1%
  • Hindustan Unilever logoHindustan UnileverHINDUNILVR · Diversified FMCGDemerger₹1,858.20+2.34%₹4,36,601 Cr29.0029.0%2.19%−24.1%
  • Sun Pharmaceutical Industries logoSun Pharmaceutical IndustriesSUNPHARMA · Pharmaceuticals & Biotechnology₹1,761.00+0.20%₹4,22,523 Cr34.9016.9%0.91%+2.6%
  • Titan Company logoTitan CompanyTITAN · Consumer Durables₹4,434.00+2.22%₹3,93,644 Cr68.3031.5%0.34%+18.3%
  • Mahindra & Mahindra logoMahindra & MahindraM&M · Automobiles₹2,890.00+0.70%₹3,59,380 Cr19.5013.3%1.14%−18.2%
  • Maruti Suzuki India logoMaruti Suzuki IndiaMARUTI · Automobiles₹11,426.00−1.32%₹3,59,236 Cr26.7012.5%1.23%−29.2%
  • ITC logoITCITC · Diversified FMCG₹265.00+2.12%₹3,32,059 Cr16.7031.9%5.47%−37.1%
  • UltraTech Cement logoUltraTech CementULTRACEMCO · Cement & Cement Products₹11,175.00+0.64%₹3,29,304 Cr37.4012.7%2.15%−6.9%
  • Hindustan Aeronautics logoHindustan AeronauticsHAL · Aerospace & Defense₹4,869.90+0.41%₹3,25,687 Cr34.9020.8%0.92%+3.7%
  • JSW Steel logoJSW SteelJSWSTEEL · Ferrous Metals₹1,255.40+1.14%₹3,07,002 Cr10.8014.3%0.57%+3.9%
  • Bajaj Auto logoBajaj AutoBAJAJ-AUTO · Automobiles₹10,383.00−0.97%₹2,85,329 Cr21.8023.6%1.44%+14.9%
  • Oil & Natural Gas Corporation logoOil & Natural Gas CorporationONGC · Oil₹225.79+0.40%₹2,84,050 Cr6.5010.0%5.87%−11.7%
  • Bharat Electronics logoBharat ElectronicsBEL · Aerospace & Defense₹370.00+1.83%₹2,70,462 Cr44.0031.7%0.68%−9.1%
  • Divi's Laboratories logoDivi's LaboratoriesDIVISLAB · Pharmaceuticals & Biotechnology₹9,664.00+1.10%₹2,56,549 Cr87.7020.8%0.31%+48.4%

About the BSE India Manufacturing Index

The BSE India Manufacturing Index measures the performance of Indian manufacturing and production companies within the BSE LargeMidCap. Its rules aim for 30 companies, and BSE Index Services Pvt. Ltd. maintains it.

How companies are chosen

Eligible companies are common stocks from the BSE LargeMidCap with a listing history of at least six months and a basic industry on the index's list of manufacturing industries. Diversified companies count only if most of their revenue comes from manufacturing and production activities.

A stock must also have no more than five non-trading days in the past six months and an annualized traded value of at least ₹3,000 crore with a turnover ratio of at least 30%. Current constituents need ₹2,000 crore and 20%.

Stocks that pass are ranked by average six-month daily float-adjusted market capitalization. The top 25 are selected, then existing constituents ranked 26 to 35 are added in order of rank until 30 is reached, and non-constituents fill any places still open.

How it is weighted

Weights follow float-adjusted market capitalization, with a cap of 10% on any one stock and 30% on any one macro-economic indicator of the India Industry Classification Structure, applied at each semi-annual rebalancing. The float is the part of a company available to investors, which its Investable Weight Factor defines.

Constituents classified as Diversified are treated as part of the Industrials sector.

When it is reviewed

The index rebalances twice a year, effective at market open on the Monday following the third Friday of Mar and Sep. The rebalancing reference date is after the close of market on the third Friday of Feb and Aug.

No stocks are added between rebalancings, so the number of stocks can fall below the planned count if deletions are made. A company whose industry classification changes between rebalancings so that it becomes ineligible is deleted at the next quarterly share update.

Companies added to the Graded Surveillance Measure (GSM) list are dropped from the index monthly.

Base date and value

The index launched on 25 May 2015, and its first value date is 16 Sep 2005.

Published by
BSE
Kind
Theme
Companies
30
List last changed
30 Sep 2026
Above 200-day average
6 of 29