Nifty India Corporate Group Index - Mahindra Group stocks list
NSETheme9 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
- 19.54
- 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.
- 3.46
- 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.
- 1.76%
- 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. One-month return of an index in the glossary
- −0.14%
- 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. Three-month return of an index in the glossary
- −9.92%
- 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. One-year return of an index in the glossary
- −8.29%
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.
At or below today's level on 1% of 623 trading days over the last 3 years.
At or below today's level on 2% of 247 trading days over the last 1 year.
P/E at each month's last trading day, and on 30 Oct 2026
What the Nifty India Corporate Group Index - Mahindra Group 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 9 companies that filed both.
- +25.6%quarter to Jun 2026
- ProfitProfit after tax, added up. Profit after tax of the quarter to Jun 2026, added up over the 9 companies that filed it; a loss counts as negative.
- ₹8,633 Crquarter to Jun 2026
- Filed the quarterCompanies that filed the quarter. How many of the index's 9 listed companies have filed results for the quarter to Jun 2026; the revenue growth and the profit are theirs.
- 9of 9
- Median ROCEMedian return on capital employed. The middle figure of the 8 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.
- 11.3%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 9 largest companies in the Nifty India Corporate Group Index - Mahindra Group, each sized by its market cap.
Market cap, ₹ crore
- Mahindra & Mahindra₹3,53,199 Cr
- Tech Mahindra₹1,75,527 Cr
- Mahindra & Mahindra Financial Services₹36,381 Cr
- SML Mahindra₹6,837 Cr
- Mahindra Lifespace Developers₹6,543 Cr
- Swaraj Engines₹4,161 Cr
- Mahindra Logistics₹4,090 Cr
- Mahindra Holidays & Resorts India₹3,606 Cr
- Mahindra EPC Irrigation₹268 Cr
Companies in the Nifty India Corporate Group Index - Mahindra Group
Largest first, by market cap.
Mahindra & Mahindra Financial ServicesM&MFIN · Finance₹261.70−1.17%₹36,381 Cr10.10Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.2.87%−17.1%
SML MahindraSMLMAH · Agricultural, Commercial & Construction Vehicles₹4,724.50−2.55%₹6,837 Cr46.5035.0%0.50%+55.9%
About the Nifty India Corporate Group Index - Mahindra Group
The Nifty India Corporate Group Index - Mahindra Group is an index of the listed companies belonging to the Mahindra Group. It held 9 constituents on 30 Sep 2026. It was developed by NSE Indices Limited.
How companies are chosen
A company is eligible if it is listed on NSE and forms part of the Mahindra corporate group; all companies that meet both tests are eligible.
Companies must be domiciled in India, and DVR shares (shares with differential voting rights) of eligible companies also form part of the index.
How it is weighted
The index is computed using the full market capitalisation method, which measures the total equity value of the group's companies.
When it is reviewed
The index is rebalanced quarterly. A company is removed on suspension, delisting or a corporate event such as a scheme of arrangement.
A new listing, or a company that left the index through a corporate action such as a scheme of arrangement or demerger, is screened for inclusion at the end of Jan, Apr, Jul and Oct and, if eligible, included from the last trading day of Mar, Jun, Sep and Dec.
Base date and value
The index has a base date of 1 Apr 2005 and a base value of 1000, and was launched on 16 Dec 2015.
- 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. Companies in an index in the glossary
- 9
- 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. Members above their 200-day average in the glossary
- 3 of 9
Theme indices
Others in this group, the most used as a fund's benchmark first.All
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