# Financial Services Sector
> Deposit franchise quality and underwriting discipline remain the cleanest separators in large-cap banking.

## Overview
Market Cap: ₹1,28,545 Cr
Avg P/E: 71.9
Companies: 11

## Data Freshness
Sector Updated: 2026-09-03T10:49:41.839Z
Updated By: daily market-close sector sync and derived refresh jobs

## Companies
- Bajaj Finserv Ltd (BAJAJFINSV): ₹1927.65 | PE — | MCap —
- Aditya Birla Capital Ltd (ABCAPITAL): — | PE — | MCap —
- Bajaj Housing Finance Ltd (BAJAJHFL): — | PE 26.0 | MCap ₹69,960 Cr
- LIC Housing Finance Ltd (LICHSGFIN): — | PE — | MCap —
- PNB Housing Finance Ltd (PNBHOUSING): — | PE — | MCap —
- Aadhar Housing Finance Ltd (AADHARHFC): — | PE — | MCap —
- Sammaan Capital Ltd (SAMMAANCAP): — | PE — | MCap ₹17,110 Cr
- Home First Finance Company India Ltd (HOMEFIRST): — | PE — | MCap —
- Edelweiss Financial Services Ltd (EDELWEISS): — | PE 18.3 | MCap ₹12,508 Cr
- Aptus Value Housing Finance India Ltd (APTUS): — | PE 12.7 | MCap ₹12,476 Cr
- Can Fin Homes Ltd (CANFINHOME): — | PE 9.3 | MCap ₹10,532 Cr
- AAVAS Financiers Ltd (AAVAS): — | PE — | MCap —
- India Shelter Finance Corporation Ltd (INDIASHLTR): — | PE — | MCap —
- Anand Rathi Share And Stock Brokers Ltd (ARSSBL): — | PE 21.6 | MCap ₹3,192 Cr
- Repco Home Finance Ltd (REPCOHOME): — | PE — | MCap —
- Grand Oak Canyons Distillery Ltd (GRANDOAK): — | PE 372.0 | MCap ₹1,824 Cr
- Centrum Capital Ltd (CENTRUM): — | PE — | MCap —
- Crest Ventures Ltd (CREST): — | PE — | MCap —
- GIC Housing Finance Ltd (GICHSGFIN): — | PE — | MCap —
- BEML Land Assets Ltd (BLAL): — | PE — | MCap —
- Digispice Technologies Ltd-$ (DIGISPICE): — | PE 16.1 | MCap ₹396 Cr
- Transchem Ltd-$ (TRANSCHEM): — | PE 98.0 | MCap ₹394 Cr
- SRG Housing Finance Ltd (SRGHFL): — | PE — | MCap —
- IL&FS Investment Managers Ltd (IVC): — | PE — | MCap —
- Lexora Global Ltd (LEXGLOBAL): — | PE — | MCap —
- Ace Men Engg Works Ltd (ACEMEN): ₹115.5 | PE — | MCap —
- Hari Govind International Ltd (HARIGOV): — | PE — | MCap —
- Reliance Home Finance Ltd (RHFL): — | PE — | MCap —
- RR Financial Consultants Ltd (RRFIN): ₹67.25 | PE — | MCap —
- Transwarranty Finance Ltd (TFL): — | PE — | MCap —
- Ruparel Food Products Ltd (RFL): — | PE — | MCap —
- Ind Bank Housing Ltd (INDBNK): ₹48.6 | PE — | MCap —
- India Home Loan Ltd (INDIAHOME): ₹32.8 | PE — | MCap —
- Clenon Enterprises Ltd (CLENON): — | PE — | MCap ₹44 Cr
- Star Housing Finance Ltd (STARHFL): — | PE — | MCap —
- GDL Leasing & Finance Ltd (GDLLEAS): — | PE 55.3 | MCap ₹33 Cr
- CMX Holdings Ltd (CMXLTD): — | PE — | MCap —
- Swarna Securities Ltd (SWRNASE): — | PE — | MCap —
- Sahara Housingfina Corporation Ltd (SAHARAHOUS): ₹38.5 | PE 89.5 | MCap ₹27 Cr
- Infomedia Press Ltd (INFOMEDIA): — | PE — | MCap —
- Shree Vatsaa Finance & leasing Ltd (SHVFL): — | PE — | MCap —
- Johnson Pharmacare Ltd (JOHNPHARMA): — | PE — | MCap ₹25 Cr
- Chambal Breweries & Distilleries Ltd (CHMBBRW): — | PE — | MCap —
- Bombay Wire Ropes Ltd (BOMBWIR): — | PE — | MCap —
- Tecil Chemicals & Hydro Power Ltd (TECILCHEM): — | PE — | MCap —
- Modern Steels Ltd-$ (MDRNSTL): — | PE — | MCap —
- Gujarat Lease Financing Ltd (GLFL): — | PE — | MCap —
- Trans Freight Containers Ltd (TRANSFRE): ₹19.1 | PE — | MCap —
- Univa Foods Ltd (UNIVAFOODS): — | PE — | MCap —
- Rajasthan Cylinders & Containers Ltd (RCCL): — | PE — | MCap ₹11 Cr
- Progrex Ventures Ltd (PROGREXV): — | PE — | MCap —
- Jayabharat Credit Ltd-$ (JAYBHCR): — | PE — | MCap —
- Pasari Spinning Mills Ltd (PASARI): — | PE — | MCap —
- Mipco Seamless Rings Gujarat Ltd (MPCOSEMB): — | PE — | MCap —
- Skyline Ventures India Ltd (SKILVEN): — | PE — | MCap ₹8 Cr
- Epsom Properties Ltd (EPSOMPRO): — | PE — | MCap —
- Siddheswari Garments Ltd (SIDDHEGA): — | PE — | MCap —
- Sword-Edge Commercials Ltd (SWORDEDGE): — | PE — | MCap ₹5 Cr
- Tricom Fruit Products Ltd (TRICOMFRU): — | PE — | MCap —
- Gaekwar Mills Ltd (ZGAEKWAR): — | PE — | MCap —
- Beeyu Overseas Ltd (BEEYU): — | PE — | MCap —
- PFL Infotech Ltd (PFLINFOTC): — | PE — | MCap —
- Melstar Information Technologies Ltd (MELSTAR): — | PE — | MCap —
- Jupiter Industries & Leasing Ltd (JPTRLES): — | PE — | MCap —

## Analysis
Indian banking sector has undergone massive transformation post the NPA crisis of 2015-2018. Asset quality across the system is at decadal highs with gross NPAs below 3% for the first time in years. Private banks continue to gain deposit market share from PSU banks, driven by superior technology, service quality, and branch expansion. The HDFC-HDFC Bank merger has created a lending giant with unmatched distribution. Credit growth is healthy at 14-16% driven by retail and MSME segments. Key metrics to watch: Net Interest Margin (NIM), CASA ratio, Provision Coverage Ratio, and Return on Assets. The sector trades at 2-3x book value for quality names, with PSU banks offering value at 0.8-1.2x book.

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Source: rupiya.io/sectors/financial-services
Disclaimer: For research and education only. Not investment advice.