Nifty NBFC stocks list

NSESector21 companies

P/E
17.38
P/B
2.89
Dividend yield
0.76%
1M
−13.50%
3M
−16.93%

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

24.2617.3824.2623.8223.0220.7717.38Jun 26Jul 26Aug 26Sep 26Oct 26

What the Nifty NBFC 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
+20.6%quarter to Jun 2026
Profit
₹23,791 Crquarter to Jun 2026
Filed the quarter
21of 21
Median ROCE
12.5%year to Mar 2026

Revenue against the same quarter a year earlier, per cent

32Mar 2427Jun 2420Sep 2420Dec 2418Mar 2519Jun 2518Sep 2520Dec 2519Mar 2621Jun 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

13,811Mar 2413,191Jun 2411,894Sep 2413,981Dec 2414,152Mar 2516,338Jun 2517,425Sep 2517,638Dec 2521,569Mar 2623,791Jun 26
Largest profit ₹23,791 Cr, quarter to Jun 2026.

The largest companies

The 12 largest companies in the Nifty NBFC, each sized by its market cap.

Market cap, ₹ crore

  • Bajaj Finance₹5,71,076 Cr
  • Shriram Finance₹1,95,903 Cr
  • Cholamandalam Investment and Finance Company₹1,32,503 Cr
  • Tata Capital₹1,31,294 Cr
  • Muthoot Finance₹96,059 Cr
  • L&T Finance₹61,782 Cr
  • SBI Cards and Payment Services₹50,204 Cr
  • Sundaram Finance₹43,599 Cr
  • Piramal Finance₹42,683 Cr
  • Authum Investment & Infrastructure₹41,956 Cr
  • HDB Financial Services₹41,797 Cr
  • Mahindra & Mahindra Financial Services₹36,562 Cr

Companies in the Nifty NBFC

Largest first, by market cap.Financial Services sector

  • Bajaj Finance logoBajaj FinanceBAJFINANCE · Finance₹917.25+0.58%₹5,71,076 Cr26.30Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.65%−15.9%
  • Shriram Finance logoShriram FinanceSHRIRAMFIN · Finance₹832.55+1.09%₹1,95,903 Cr15.40Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.1.30%+14.5%
  • Cholamandalam Investment and Finance Company logoCholamandalam Investment and Finance CompanyCHOLAFIN · Finance₹1,545.20+5.19%₹1,32,503 Cr23.00Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.13%−15.2%
  • Tata Capital logoTata CapitalTATACAP · Finance₹309.30+2.95%₹1,31,294 Cr22.00Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.18%−8.7%
  • Muthoot Finance logoMuthoot FinanceMUTHOOTFIN · Finance₹2,392.70−0.61%₹96,059 Cr8.40Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.1.25%−23.5%
  • L&T Finance logoL&T FinanceLTF · Finance₹246.50+2.37%₹61,782 Cr18.10Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.1.12%−9.9%
  • SBI Cards and Payment Services logoSBI Cards and Payment ServicesSBICARD · Finance₹527.55−0.09%₹50,204 Cr19.30Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.47%−41.4%
  • Sundaram Finance logoSundaram FinanceSUNDARMFIN · Finance₹3,924.20+0.57%₹43,599 Cr19.60Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.1.02%−16.7%
  • Piramal Finance logoPiramal FinancePIRAMALFIN · Finance₹1,803.80−3.03%₹42,683 Cr22.50Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.61%–
  • Authum Investment & Infrastructure logoAuthum Investment & InfrastructureAIIL · Finance₹494.05+1.86%₹41,956 Cr20.0013.3%None−20.4%
  • HDB Financial Services logoHDB Financial ServicesHDBFS · Finance₹503.10−0.24%₹41,797 Cr14.10Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.80%−31.2%
  • Mahindra & Mahindra Financial Services logoMahindra & Mahindra Financial ServicesM&MFIN · Finance₹263.00+0.82%₹36,562 Cr10.20Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.2.85%−12.8%
  • Poonawalla Fincorp logoPoonawalla FincorpPOONAWALLA · Finance₹403.25+0.11%₹35,510 Cr32.70Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.None−17.9%
  • Manappuram Finance logoManappuram FinanceMANAPPURAM · Finance₹288.75+0.80%₹27,123 Cr18.70Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.87%+3.6%
  • IIFL Finance logoIIFL FinanceIIFL · Finance₹533.20+1.07%₹22,758 Cr9.10Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.75%+4.4%

About the Nifty NBFC

Nifty NBFC tracks all the Non-Banking Financial Company stocks in the Nifty Total Market Index, 21 companies on 30 Sep 2026. It is maintained by NSE Indices Limited.

How companies are chosen

Companies in the Nifty Total Market Index at the time of review are eligible, and those in the industries listed as eligible for this index are included.

A stock not yet in the index and not traded in the futures and options segment is ineligible if it hit the upper or lower price circuit on 20% or more of trading days in the past 6 months. The rules set a minimum of 10 stocks, and a stock that leaves the Nifty Total Market Index leaves this index at its review.

How it is weighted

Each stock is weighted by free-float market capitalization and capped at 20%. Capping happens quarterly, on the last trading day of Mar, Jun, Sep and Dec, and weights can drift between those dates with prices.

When it is reviewed

The index is reconstituted semi-annually and rebalanced quarterly. The semi-annual review is each Mar and Sep, using data for the six months ended Jan and Jul.

Base date and value

The index has a base date of 1 Apr 2005 and a base value of 1000. It was launched on 15 Jun 2026. A total returns variant, the Nifty NBFC Total Returns Index, also exists.

Published by
NSE
Kind
Sector
Companies
21
List last changed
9 Oct 2026
Above 200-day average
3 of 21