Nifty100 Quality 30 stocks list
NSEStrategy30 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
- 25.13
- 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.
- 6.27
- 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.
- 2.17%
- 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
- −0.66%
- 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
- −4.62%
- 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
- −7.06%
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 11% of 2,478 trading days over the last 10 years.
At or below today's level on 2% of 1,239 trading days over the last 5 years.
At or below today's level on 0.4% of 744 trading days over the last 3 years.
At or below today's level on 1% of 247 trading days over the last 1 year.
P/E at each month's last trading day, and on 28 Oct 2026
What the Nifty100 Quality 30 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 25 companies that filed both.
- +22.0%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.
- ₹76,320 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 28 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.
- 22.8%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 Nifty100 Quality 30, each sized by its market cap.
Market cap, ₹ crore
- Tata Consultancy Services₹8,90,050 Cr
- Infosys₹4,55,805 Cr
- Hindustan Unilever₹4,26,639 Cr
- HCL Technologies₹3,80,049 Cr
- Maruti Suzuki India₹3,64,047 Cr
- ITC₹3,25,167 Cr
- Hindustan Aeronautics₹3,24,356 Cr
- Bajaj Auto₹2,88,132 Cr
- Bharat Electronics₹2,65,601 Cr
- Divi's Laboratories₹2,53,748 Cr
- Coal India₹2,41,579 Cr
- Nestle India₹2,25,227 Cr
Companies in the Nifty100 Quality 30
Largest first, by market cap.
Hindustan UnileverHINDUNILVR · Diversified FMCGDemerger₹1,815.80−0.12%₹4,26,639 Cr28.3029.0%2.24%−26.1%
Divi's LaboratoriesDIVISLAB · Pharmaceuticals & Biotechnology₹9,558.50+0.56%₹2,53,748 Cr86.8020.8%0.31%+48.5%
Solar Industries IndiaSOLARINDS · Chemicals & Petrochemicals₹19,240.00−0.16%₹1,74,103 Cr87.4035.3%0.06%+38.9%
Pidilite IndustriesPIDILITIND · Chemicals & Petrochemicals₹1,389.60−4.17%₹1,41,536 Cr52.7029.6%0.83%−6.9%
Zydus LifesciencesZYDUSLIFE · Pharmaceuticals & Biotechnology₹1,175.50+0.22%₹1,17,257 Cr26.0015.9%0.09%+17.4%
Dr. Reddy's LaboratoriesDRREDDY · Pharmaceuticals & Biotechnology₹1,335.40+1.94%₹1,11,463 Cr39.806.0%0.60%+3.6%
HDFC Asset Management CompanyHDFCAMC · Capital Markets₹2,300.00+1.42%₹98,687 Cr33.1039.7%2.35%−18.5%
Mazagon Dock ShipbuildersMAZDOCK · Industrial Manufacturing₹1,732.80−1.21%₹69,898 Cr–17.2%1.05%−37.7%
Funds that follow the Nifty100 Quality 30
3 index funds and ETFs track the Nifty100 Quality 30.
HDFC Nifty100 Quality 30 Index FundIndex Fund · HDFC Mutual FundNAV₹10.39761Y−6.39%3Y–5Y–Size₹141 CrCost0.42%
Edelweiss Nifty 100 Quality 30 Index FundIndex Fund · Edelweiss Mutual FundNAV₹14.12601Y−6.29%3Y+8.30%5Y+7.45%Size₹121 CrCost0.59%- HDFC Nifty100 Quality 30 ETFETF · HDFC Mutual FundNAV₹55.93131Y−6.26%3Y+8.35%5Y–Size₹21 CrCost0.30%
About the Nifty100 Quality 30
Nifty100 Quality 30 is an index of 30 companies chosen from the Nifty 100 by quality score, built from return on equity, debt to equity and earnings per share growth variability over 5 years. It is maintained by NSE Indices Limited.
How companies are chosen
A stock is eligible if it is in the Nifty 100 at the time of review, has a listing history of at least 1 year and is available for trading in the derivative segment (F&O). A stock with a negative EPS in any of the previous 6 years is not considered.
Each eligible stock gets a Z score for return on equity, debt to equity and EPS growth variability. A Z score is (x minus μ) divided by σ, where x is the stock's value, μ is the mean value of the parameter in the eligible universe and σ is the standard deviation of the parameters in the eligible universe. Debt to equity is left out for financial services companies.
Return on equity and debt to equity use the latest financial year. EPS growth variability uses the adjusted EPS of the previous 6 years.
The three Z scores are combined with 0.33 each, the debt to equity and variability scores entering with a minus sign. Financial services companies use 0.5 on return on equity and 0.5 on variability with a minus sign.
The quality score is 1 plus the average Z score when it is above 0, and 1 divided by (1 minus the average Z score) when it is below 0. The 30 stocks with the highest quality scores are selected.
How it is weighted
A stock's weight is its quality score multiplied by the square root of its free float market capitalization. No stock may exceed the lower of 5% or 5 times its weight in an index based on free float market capitalization alone, and the cap is applied at each rebalancing.
When it is reviewed
The index is rebalanced semi-annually, in Jun and Dec. The 10 highest ranked stocks by quality score are always included, and an existing member ranked beyond 50 is always removed.
An ad hoc change follows a suspension, a delisting or a scheme of arrangement of a member. Each quarter the index is also screened against SEBI's portfolio concentration norms for ETFs and index funds announced on 10 Jan 2019.
Base date and value
The index has a base date of 1 Oct 2009 and a base value of 1000. It was launched on 19 Mar 2015.
- Published by
- NSE
- Kind
- Strategy
- 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
- 10 of 30
Strategy indices
Others in this group, the most used as a fund's benchmark first.All
Nifty200 Alpha 3030 companiesP/E 16.72- Nifty200 Value 3030 companiesP/E 8.54
BSE 200 Equal Weight Index200 companiesP/E 22.72- BSE Enhanced Value Index30 companiesP/E 8.76
- BSE LargeMid (60:40) Stable Dividend 5050 companiesP/E 23.38
Nifty Top 15 Equal Weight15 companiesP/E 17.78
Nifty Top 20 Equal Weight20 companiesP/E 19.29
Nifty Total Market Momentum Quality 5050 companiesP/E 32.87
Nifty500 Flexicap Quality 3030 companiesP/E 30.03- Nifty500 Low Volatility 5050 companiesP/E 20.72