Nifty MidSmall India Consumption stocks list
NSETheme30 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
- 47.21
- 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.
- 6.07
- 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.
- 0.80%
- 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
- −3.18%
- 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
- −10.10%
- 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
- −13.99%
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 10% of 1,006 trading days over the last 5 years.
At or below today's level on 13% of 744 trading days over the last 3 years.
At or below today's level on 40% of 247 trading days over the last 1 year.
P/E at each month's last trading day, and on 29 Oct 2026
What the Nifty MidSmall India Consumption 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.
- −48.2%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.
- ₹8,515 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 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.
- 16.4%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 Nifty MidSmall India Consumption, each sized by its market cap.
Market cap, ₹ crore
- TVS Motor Company₹2,03,337 Cr
- Trent₹1,52,595 Cr
- Varun Beverages₹1,40,306 Cr
- Vodafone Idea₹1,31,312 Cr
- Zydus Lifesciences₹1,18,144 Cr
- The Indian Hotels Company₹1,15,298 Cr
- Lodha Developers₹1,04,516 Cr
- Max Healthcare Institute₹82,843 Cr
- The Phoenix Mills₹70,459 Cr
- Dixon Technologies (India)₹70,273 Cr
- Alkem Laboratories₹60,727 Cr
- Oberoi Realty₹59,631 Cr
Companies in the Nifty MidSmall India Consumption
Largest first, by market cap.
Zydus LifesciencesZYDUSLIFE · Pharmaceuticals & Biotechnology₹1,184.40+0.76%₹1,18,144 Cr26.2015.9%0.08%+18.1%
Alkem LaboratoriesALKEM · Pharmaceuticals & Biotechnology₹5,079.00+0.18%₹60,727 Cr28.1016.5%1.04%−8.2%
Abbott IndiaABBOTINDIA · Pharmaceuticals & Biotechnology₹26,145.00−0.49%₹55,556 Cr34.4039.6%2.51%−12.0%
IPCA LaboratoriesIPCALAB · Pharmaceuticals & Biotechnology₹1,926.20−0.22%₹48,869 Cr37.3017.6%0.31%+49.3%
Crompton Greaves Consumer ElectricalsCROMPTON · Consumer Durables₹200.00−1.96%₹12,878 Cr–20.4%1.50%−31.3%
Funds that follow the Nifty MidSmall India Consumption
1 index fund or ETF tracks the Nifty MidSmall India Consumption.
Motilal Oswal Nifty MidSmall India Consumption Index FundIndex Fund · Motilal Oswal Mutual FundNAV₹8.93451Y−14.87%3Y–5Y–Size₹25 CrCost0.80%
About the Nifty MidSmall India Consumption
Nifty MidSmall India Consumption tracks mid cap and small cap stocks that broadly represent the consumption theme. It holds up to 30 companies, selected from the Nifty MidSmallcap 400.
How companies are chosen
Companies must be in the Nifty MidSmallcap 400 at the time of review and earn more than 50% of their operating revenues in India. The theme covers basic industries such as pharmaceuticals, media and entertainment, telecom services, hotels, consumer electronics, residential and commercial projects.
A stock outside the futures and options segment is ineligible if it hit its upper or lower circuit (price band) on 20% or more of the trading days in the past 6 months. A day on which it hit both counts as two instances.
The 30 eligible stocks with the highest 6-month average free-float market capitalization (the value of shares available for trading, leaving out what promoters hold) are chosen. If fewer than 30 are eligible, the index holds the number available.
How it is weighted
Each stock is weighted by its free float market capitalization. A stock's weight is capped at 10% at rebalancing, and the cap is applied every quarter on the last trading day of Mar, Jun, Sep and Dec.
When it is reviewed
The index is reconstituted semi-annually and rebalanced quarterly. Each review uses average data for the six months ending on the cut-off dates of 31 Jan and 31 Jul, and replacements take effect on the last trading day of Mar and Sep.
A stock outside the index replaces the smallest constituent if its free-float market capitalization is at least 1.5 times that constituent's.
Base date and value
The index has a base date of 1 Apr 2005 and a base value of 1000. It was launched on 11 Oct 2022.
- 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
- 30
- 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
- 8 of 30
Theme indices
Others in this group, the most used as a fund's benchmark first.All
Nifty Non-Cyclical Consumer30 companiesP/E 42.95- Nifty50 Shariah18 companiesP/E 25.12
Nifty500 Multicap India Manufacturing 50:30:2075 companiesP/E 27.84
Nifty500 Multicap Infrastructure 50:30:2075 companiesP/E 24.99
BSE CPSE53 companiesP/E 12.35
BSE India Manufacturing Index30 companiesP/E 19.85- BSE Multicap Consumption (50:30:20)100 companiesP/E 42.12
BSE Power & Energy35 companiesP/E 14.64
BSE Premium Consumption31 companiesP/E 79.39- BSE Saatvik 100100 companiesP/E 17.82