# NBFC & Finance Sector
> Niche lending specialization and digital origination separate winners from commodity lenders.

## Overview
Market Cap: ₹28,70,928 Cr
Avg P/E: 40.2
Companies: 114

## Data Freshness
Sector Updated: 2026-09-03T10:49:42.076Z
Updated By: daily market-close sector sync and derived refresh jobs

## Companies
- Bajaj Finance Ltd (BAJFINANCE): ₹920 | PE 26.4 | MCap ₹5,72,599 Cr
- Shriram Finance Ltd (SHRIRAMFIN): ₹823.45 | PE — | MCap —
- JIOFINANCIAL (JIOFINANCIAL): — | PE 83.7 | MCap ₹1,45,322 Cr
- BSE Limited (BSE): ₹3425.3 | PE 47.9 | MCap ₹1,39,111 Cr
- ICICI Prudential Asset Management Company Ltd (ICICIAMC): ₹2779.4 | PE 37.4 | MCap ₹1,37,374 Cr
- Jio Financial Services Ltd (JIOFIN): ₹203.61 | PE — | MCap —
- Tata Capital Ltd (TATACAP): ₹298.65 | PE 23.4 | MCap ₹1,25,932 Cr
- Cholamandalam Investment and Finance Company Ltd (CHOLAFIN): ₹1463.2 | PE 21.8 | MCap ₹1,25,494 Cr
- Bajaj Holdings & Investment Ltd (BAJAJHLDNG): ₹10847 | PE 13.5 | MCap ₹1,20,720 Cr
- Billionbrains Garage Ventures Ltd (GROWW): — | PE — | MCap —
- Power Finance Corporation Ltd (PFC): ₹318.8 | PE 4.0 | MCap ₹1,05,208 Cr
- Indian Railway Finance Corporation Ltd (IRFC): — | PE — | MCap —
- HDFC Asset Management Company Ltd (HDFCAMC): ₹2257.5 | PE 32.6 | MCap ₹96,863 Cr
- Muthoot Finance Ltd (MUTHOOTFIN): ₹2400 | PE 8.4 | MCap ₹96,352 Cr
- SBI Funds Management Limited (SBIFUNDS): ₹448.45 | PE 29.8 | MCap ₹91,342 Cr
- REC Ltd (RECLTD): ₹294.85 | PE 5.2 | MCap ₹80,842 Cr
- Multi Commodity Exchange of India Ltd (MCX): ₹3158.8 | PE 66.0 | MCap ₹76,871 Cr
- L&T Finance Ltd (LTF): ₹235.05 | PE 17.3 | MCap ₹58,913 Cr
- Nippon Life India Asset Management Ltd (NAM-INDIA): ₹919 | PE 37.0 | MCap ₹58,820 Cr
- Motilal Oswal Financial Services Ltd (MOTILALOFS): ₹933.05 | PE 28.7 | MCap ₹56,260 Cr
- SBI Cards and Payment Services Ltd (SBICARD): ₹542.85 | PE — | MCap —
- Piramal Finance Ltd (PIRAMALFIN): ₹1880.5 | PE 22.5 | MCap ₹44,479 Cr
- Sundaram Finance Ltd (SUNDARMFIN): ₹3870.8 | PE 19.6 | MCap ₹42,663 Cr
- 360 ONE WAM LTD (360ONE): ₹978.4 | PE 33.1 | MCap ₹41,962 Cr
- Authum Investment & Infrastructure Ltd (AIIL): ₹488.5 | PE 19.7 | MCap ₹41,485 Cr
- HDB Financial Services Ltd (HDBFS): ₹498.8 | PE 14.2 | MCap ₹41,344 Cr
- Anand Rathi Wealth Ltd (ANANDRATHI): ₹2234.5 | PE 82.3 | MCap ₹37,102 Cr
- Mahindra & Mahindra Financial Services Limited (M&MFIN): ₹274.85 | PE 9.8 | MCap ₹36,276 Cr
- Poonawalla Fincorp Ltd (POONAWALLA): ₹405.05 | PE 31.7 | MCap ₹35,669 Cr
- CRISIL Ltd (CRISIL): ₹4723 | PE 38.8 | MCap ₹34,539 Cr
- Nuvama Wealth Management Ltd (NUVAMA): ₹1672.3 | PE 28.9 | MCap ₹30,857 Cr
- Housing & Urban Development Corporation Ltd (HUDCO): — | PE 7.2 | MCap ₹30,583 Cr
- Indian Renewable Energy Development Agency Ltd (IREDA): — | PE — | MCap —
- Tata Investment Corporation Ltd (TATAINVEST): ₹557.5 | PE 94.8 | MCap ₹28,206 Cr
- Aditya Birla Sun Life AMC Ltd (ABSLAMC): — | PE — | MCap —
- Manappuram Finance Ltd (MANAPPURAM): ₹286.5 | PE 17.7 | MCap ₹26,912 Cr
- Angel One Ltd (ANGELONE): ₹282.7 | PE 23.2 | MCap ₹25,856 Cr
- Central Depository Services (India) Limited (CDSL): ₹1210.9 | PE 53.4 | MCap ₹25,308 Cr
- Cholamandalam Financial Holdings Ltd (CHOLAHLDNG): ₹1276.7 | PE 9.0 | MCap ₹23,974 Cr
- IIFL Finance Ltd (IIFL): ₹529.4 | PE 9.1 | MCap ₹22,595 Cr
- Capri Global Capital Ltd (CGCL): ₹233.3 | PE 20.0 | MCap ₹22,447 Cr
- IFCI Ltd (IFCI): — | PE — | MCap —
- CreditAccess Grameen Ltd (CREDITACC): ₹1007.2 | PE 10.5 | MCap ₹16,143 Cr
- Choice International Ltd (CHOICEIN): ₹699.35 | PE 60.9 | MCap ₹15,580 Cr
- National Securities Depository Ltd (NSDL): — | PE 38.9 | MCap ₹15,100 Cr
- Maharashtra Scooters Ltd (MAHSCOOTER): ₹11800 | PE 44.3 | MCap ₹13,486 Cr
- Five-Star Business Finance Ltd (FIVESTAR): ₹416.4 | PE — | MCap —
- Prudent Corporate Advisory Services Ltd (PRUDENT): ₹2847.2 | PE 47.8 | MCap ₹11,789 Cr
- IIFL Capital Services Ltd (IIFLCAPS): ₹337.15 | PE 19.4 | MCap ₹10,632 Cr
- JM Financial Ltd-$ (JMFINANCIL): — | PE — | MCap —
- UTI Asset Management Company Ltd (UTIAMC): ₹805.3 | PE 22.5 | MCap ₹10,351 Cr
- Indian Energy Exchange Ltd (IEX): — | PE 18.3 | MCap ₹9,268 Cr
- SBFC Finance Ltd (SBFC): — | PE — | MCap —
- TSF INVESTMENTS LIMITED (TSFINV): ₹379.55 | PE 17.5 | MCap ₹8,377 Cr
- Indus Infra Trust (INDUSINVIT): — | PE 14.7 | MCap ₹7,812 Cr
- Raajmarg Infra Investment Trust (RIIT): — | PE — | MCap —
- Citius TransNet Investment Trust (CITIUSINVT): — | PE — | MCap —
- Paisalo Digital Ltd (PAISALO): — | PE — | MCap —
- Tourism Finance Corporation of India Ltd (TFCILTD): — | PE — | MCap —
- Fedbank Financial Services Ltd (FEDFINA): — | PE — | MCap —
- OnEMI Technology Solutions Ltd (KISSHT): ₹305.55 | PE — | MCap —
- CARE Ratings Ltd (CARERATING): ₹1590.4 | PE 27.0 | MCap ₹4,792 Cr
- MAS Financial Services Ltd (MASFIN): ₹245.55 | PE — | MCap —
- Asset Reconstruction Company (India) Ltd (ARCIL): — | PE — | MCap —
- ICRA Ltd (ICRA): ₹4519.5 | PE 22.3 | MCap ₹4,352 Cr
- Pilani Investment and Industries Corporation Ltd (PILANIINVS): ₹3900 | PE — | MCap ₹4,318 Cr
- SG Finserve Ltd (SGFIN): ₹625.5 | PE 21.5 | MCap ₹4,122 Cr
- Canara Robeco Asset Management Company Ltd (CRAMC): ₹202.09 | PE — | MCap —
- Northern Arc Capital Ltd (NORTHARC): ₹246.5 | PE — | MCap —
- Share India Securities Ltd (SHAREINDIA): ₹178.89 | PE 11.2 | MCap ₹3,915 Cr
- Aye Finance Ltd (AYE): — | PE 18.2 | MCap ₹3,279 Cr
- Indostar Capital Finance Ltd (INDOSTAR): ₹172 | PE — | MCap ₹2,781 Cr
- Mufin Green Finance Ltd (MUFIN): — | PE — | MCap —
- Muthoot Microfin Ltd (MUTHOOTMF): — | PE — | MCap —
- Ashika Global Securities Limited (ASHIKAG): ₹362.5 | PE — | MCap —
- Monarch Dyestuff industries & Exports Ltd (MONARCH): ₹325.2 | PE 14.3 | MCap ₹2,578 Cr
- Nalwa Sons Investments Ltd (NSIL): ₹4988.5 | PE 45.1 | MCap ₹2,562 Cr
- Satin Creditcare Network Ltd (SATIN): ₹215.45 | PE — | MCap —
- Anantam Highways Trust (ANANTAM): — | PE — | MCap —
- Fusion Finance Ltd (FUSION): — | PE — | MCap —
- SMC Global Securities Ltd (SMCGLOBAL): — | PE — | MCap —
- Algoquant Fintech Ltd (ALGOQUANT): — | PE — | MCap —
- EL CID Investments Ltd (ELCIDIN): ₹99000 | PE — | MCap —
- Geojit Financial Services Ltd (GEOJITFSL): — | PE — | MCap —
- Kalyani Investment Company Ltd (KICL): ₹4429.7 | PE 47.6 | MCap ₹1,934 Cr
- Gretex Corporate Services Ltd (GCSL): ₹724.05 | PE 47.3 | MCap ₹1,811 Cr
- Ashika Credit Capital Ltd (ASHIKA): — | PE — | MCap —
- Gaja Alternative Asset Management Limited (GAJA): — | PE — | MCap —
- PTC India Financial Services Ltd (PFS): — | PE 7.2 | MCap ₹1,605 Cr
- Spandana Sphoorty Financial Ltd (SPANDANA): ₹175.88 | PE — | MCap —
- 5paisa Capital Ltd (5PAISA): ₹314.8 | PE 27.5 | MCap ₹1,476 Cr
- Arman Financial Services Ltd (ARMANFIN): ₹1388.8 | PE 12.6 | MCap ₹1,465 Cr
- BF Investment Ltd (BFINVEST): ₹380.7 | PE 3.7 | MCap ₹1,434 Cr
- Summit Securities Ltd (SUMMITSEC): ₹1290.3 | PE 11.9 | MCap ₹1,429 Cr
- PNB Gilts Ltd (PNBGILTS): — | PE — | MCap —
- Gyftr Ltd (GYFTR): — | PE — | MCap —
- Haryana Financial Corporation Ltd (HARAFIN): — | PE 159.0 | MCap ₹1,189 Cr
- Ugro Capital Ltd (UGROCAP): — | PE — | MCap —
- AK Capital Services Ltd (AKCAPIT): ₹1725 | PE 10.1 | MCap ₹1,138 Cr
- Fedders Holding Ltd (FEDDERSHOL): — | PE — | MCap —
- Jindal Photo Ltd (JINDALPHOT): ₹1090 | PE — | MCap ₹1,123 Cr
- Systematix Corporate Services Ltd (SYSTMTXC): — | PE — | MCap —
- Vardhman Holdings Ltd (VHL): ₹3343 | PE 4.2 | MCap ₹1,067 Cr
- Abans Financial Services Ltd (AFSL): — | PE 7.6 | MCap ₹1,030 Cr
- Saraswati Commercial India Ltd (ZSARACOM): ₹9400 | PE 7.4 | MCap ₹1,030 Cr
- Dolat Algotech Ltd (DOLATALGO): — | PE — | MCap —
- Spandana Sphoorty Financial Ltd (SSFLPP): — | PE — | MCap —
- Arihant Capital Markets Ltd (ARIHANTCAP): ₹92.39 | PE 25.5 | MCap ₹1,013 Cr
- Industrial & Prudential Investment Company Ltd (INDPRUD): ₹6000 | PE 16.5 | MCap ₹1,006 Cr
- Wealth First Portfolio Managers Ltd (WEALTH): ₹835.25 | PE 29.2 | MCap ₹965 Cr
- DAM Capital Advisors Ltd (DAMCAPITAL): — | PE — | MCap —
- Master Trust Ltd (MASTERTR): — | PE — | MCap —
- Prime Securities Ltd (PRIMESECU): ₹269.9 | PE 171.9 | MCap ₹916 Cr
- Jindal Poly Investment and Finance Company Ltd (JPOLYINVST): ₹867.45 | PE 1.1 | MCap ₹912 Cr
- Finkurve Financial Services Ltd (FINKURVE): — | PE — | MCap —
- STEL Holdings Ltd (STEL): ₹490 | PE 46.9 | MCap ₹904 Cr
- Dhunseri Ventures Ltd-$ (DVL): ₹257.9 | PE — | MCap —
- Consolidated Finvest & Holdings Limited (CONSOFINVT): ₹275 | PE — | MCap —
- Hexa Tradex Ltd (HEXATRADEX): — | PE — | MCap —
- Aryaman Financial Services Ltd (ARYAMAN): — | PE 19.5 | MCap ₹759 Cr
- Emkay Global Financial Services Ltd (EMKAY): ₹254.75 | PE — | MCap —
- Capital India Finance Ltd (CIFL): — | PE 18.3 | MCap ₹709 Cr
- India Finsec Ltd (IFINSEC): — | PE — | MCap —
- Manba Finance Ltd (MANBA): — | PE — | MCap —
- Aditya Birla Money Ltd-$ (BIRLAMONEY): — | PE — | MCap —
- VLS Finance Ltd (VLSFINANCE): — | PE — | MCap —
- GFL Ltd (GFLLIMITED): — | PE — | MCap —
- Welspun Investments and Commercials Ltd (WELINV): ₹1640 | PE 194.5 | MCap ₹601 Cr
- Unifinz Capital India Ltd (UCIL): — | PE 6.4 | MCap ₹559 Cr
- Laxmi India Finance Ltd (LAXMIINDIA): — | PE — | MCap —
- Kiran Vyapar Ltd (KIRANVYPAR): — | PE 77.9 | MCap ₹526 Cr
- Purple Finance Ltd (PURPLEFIN): — | PE — | MCap —
- Regency Fincorp Ltd (REGENCY): ₹64.14 | PE 23.9 | MCap ₹514 Cr
- Niyogin Fintech Ltd (NIYOGIN): ₹45.88 | PE — | MCap ₹511 Cr
- Aryaman Capital Markets Ltd (ARYACAPM): ₹424.85 | PE — | MCap —
- N. B. I. Industrial Finance Company Limited (NBIFIN): ₹1680.2 | PE 35.8 | MCap ₹496 Cr
- SMT Engineering Ltd (SMTEL): ₹272.25 | PE 18.8 | MCap ₹492 Cr
- Dhunseri Investments Ltd (DHUNINV): ₹799.9 | PE 5.3 | MCap ₹488 Cr
- CSL Finance Ltd (CSLFINANCE): ₹213.29 | PE — | MCap —
- Stellant Securities (India) Ltd (STELLANT): — | PE — | MCap —
- Oswal Greentech Ltd (OSWALGREEN): — | PE — | MCap —
- Shardul Securities Ltd (SHARDUL): — | PE — | MCap —
- Sanmitra Commercial Ltd (ZSANMCOM): — | PE — | MCap —
- The Investment Trust Of India Ltd (THEINVEST): — | PE — | MCap —
- SIL Investments Ltd (SILINV): ₹418.4 | PE 8.6 | MCap ₹443 Cr
- U. Y. Fincorp Ltd (UYFINCORP): — | PE 7.4 | MCap ₹437 Cr
- Mangal Credit and Fincorp Ltd (MANCREDIT): ₹205.59 | PE — | MCap —
- Shriram Asset Management Company Ltd (SRAMSET): — | PE — | MCap ₹428 Cr
- Pune E - Stock Broking Ltd (PESB): — | PE — | MCap —
- Indo Thai Securities Ltd (INDOTHAI): — | PE — | MCap —
- Nisus Finance Services Co Ltd (NISUS): — | PE — | MCap —
- Mkventures Capital Ltd (MKVENTURES): — | PE — | MCap —
- Viji Finance Ltd (VIJIFIN): — | PE 50.5 | MCap ₹385 Cr
- Sera Investments & Finance India Ltd (SERA): ₹57 | PE 3.7 | MCap ₹374 Cr
- Nahar Capital and Financial Services Ltd (NAHARCAP): ₹221.28 | PE — | MCap —
- Balgopal Commercial Ltd (BALGOPAL): ₹158 | PE — | MCap —
- Kalind Ltd (KALIND): — | PE — | MCap —
- Indus Finance Ltd (INDUSFINL): — | PE — | MCap —
- Almondz Global Securities Ltd (ALMONDZ): — | PE 10.0 | MCap ₹362 Cr
- Fundviser Capital (India) Ltd (FUNDVISER): — | PE 112.1 | MCap ₹348 Cr
- Corporate Merchant Bankers Ltd (CMBL): — | PE 17.1 | MCap ₹343 Cr
- Avonmore Capital & Management Services Ltd (AVONMORE): — | PE 22.3 | MCap ₹340 Cr
- Moneyboxx Finance Ltd (MONEYBOXX): — | PE — | MCap —
- Muthoot Capital Services Ltd (MUTHOOTCAP): — | PE — | MCap —
- Eraaya Lifespaces Ltd (EBIX): — | PE — | MCap —
- Akme Fintrade (India) Ltd (AFIL): — | PE — | MCap —
- Capital Trade Links Ltd (CTL): — | PE — | MCap —
- Quest Capital Markets Ltd (QUESTCAP): — | PE — | MCap —
- Ace Alpha Tech Ltd (ACEALPHA): — | PE — | MCap —
- Hi-Klass Trading and Investment Ltd (HIKLASS): — | PE — | MCap —
- Bombay Oxygen Investments Ltd (BOMOXY-B1): — | PE 256.9 | MCap ₹269 Cr
- CP Capital Ltd (CPCAP): — | PE — | MCap —
- Kartik Investments Trust Ltd (KARTKIN): — | PE — | MCap —
- Starteck Finance Ltd (STARTECK): — | PE — | MCap —
- Swastika Investmart Ltd (SWASTIKA): — | PE — | MCap —
- Industrial Investment Trust Ltd (IITL): — | PE — | MCap —
- Shalibhadra Finance Ltd (SAHLIBHFI): — | PE — | MCap —
- Gamco Ltd (GAMCO): — | PE — | MCap —
- PH Capital Ltd (PHCAP): — | PE — | MCap —
- Abans Enterprises Ltd (ABANSENT): — | PE 7.1 | MCap ₹228 Cr
- Naga Dhunseri Group Limited (NDGL): ₹2215 | PE — | MCap —
- Team India Guaranty Ltd (TEAMGTY): — | PE — | MCap —
- AuSom Enterprise Ltd (AUSOMENT): — | PE 8.6 | MCap ₹214 Cr
- Hampton Sky Realty Ltd (HAMPTON): — | PE — | MCap —
- Vaarad Ventures Ltd (VAARAD): — | PE — | MCap ₹209 Cr
- Credent Global Finance Ltd (CGFL): — | PE — | MCap —
- Jhaveri Credits & Capital Ltd (JHACC): ₹179 | PE 75.9 | MCap ₹199 Cr
- Alacrity Securities Ltd (ALSL): — | PE 20.4 | MCap ₹198 Cr
- Rikhav Securities Ltd (RIKHAV): — | PE — | MCap —
- Emerald Finance Ltd (EMERALD): — | PE — | MCap —
- Onelife Capital Advisors Ltd (ONELIFECAP): — | PE — | MCap —
- Kreon Finnancial Services Ltd (KREONFIN): — | PE 23.3 | MCap ₹184 Cr
- Spacenet Enterprises India Limited (SPCENET): — | PE 7.2 | MCap ₹183 Cr
- Crescentis Capital Ltd (CRESCENTIS): — | PE 93.1 | MCap ₹182 Cr
- Amrapali Industries Ltd (AMRAPLIN): — | PE — | MCap —
- Pro Fin Capital Services Ltd (PROFINC): — | PE — | MCap ₹175 Cr
- Apollo Finvest India Ltd (APOLLOFI): ₹470 | PE — | MCap —
- Tilak Ventures Ltd (TILAK): — | PE — | MCap —
- Supra Pacific Financial Services Ltd (SUPRAPFSL): — | PE — | MCap —
- J.A. Finance Ltd (JAFINANCE): — | PE — | MCap —
- Sakthi Finance Ltd (SAKTHIFIN): — | PE 9.8 | MCap ₹169 Cr
- Available Finance Ltd (AVAILFC): — | PE — | MCap —
- Baid Finserv Ltd (BAIDFIN): — | PE — | MCap —
- Delphi World Money Ltd (DELPHIFX): — | PE — | MCap —
- Virat Leasing Ltd (VLL): — | PE — | MCap —
- Sangam Finserv Ltd (SANGAMFIN): — | PE — | MCap —
- Paul Merchants Ltd (PML): ₹455 | PE 7.0 | MCap ₹143 Cr
- Ramchandra Leasing & Finance Ltd (RLFL): — | PE — | MCap —
- Maha Rashtra Apex Corporation Ltd (MAHAPEXLTD): — | PE — | MCap —
- Harmony Capital Service Ltd (HRMNYCP): — | PE — | MCap —
- Assam Entrade Ltd (ASSAMENT): — | PE — | MCap —
- Photon Capital Advisors Ltd (PHOTON): — | PE — | MCap —
- Escorp Asset Management Ltd (ESCORP): — | PE — | MCap —
- Trustedge Capital Ltd (TRUSTEDGE): ₹137 | PE 116.1 | MCap ₹126 Cr
- PMC Fincorp Ltd (PMCFIN): — | PE — | MCap —
- Keynote Financial Services Ltd (KEYFINSERV): ₹216 | PE 21.2 | MCap ₹120 Cr
- Sunshine Capital Ltd (SCL): — | PE — | MCap —
- Steel City Securities Limited (STEELCITY): — | PE 6.9 | MCap ₹118 Cr
- Upsurge Investment & Finance Ltd (UPSURGE): ₹53 | PE 10.1 | MCap ₹116 Cr
- Fynx Capital Ltd (FYNX): — | PE — | MCap —
- KIFS Financial Services Ltd (KIFS): — | PE — | MCap —
- LKP Securities Ltd (LKPSEC): — | PE — | MCap —
- Abhinav Capital Services Ltd (ABHICAP): — | PE — | MCap —
- Dharni Capital Services Ltd (DHARNI): — | PE — | MCap —
- Abate As Industries Ltd (ABATEAS): ₹7.2 | PE 12.2 | MCap ₹113 Cr
- Garnet International Ltd (GARNETINT): — | PE 34.3 | MCap ₹108 Cr
- Indbank Merchant Banking Services Ltd (INDBANK): — | PE — | MCap —
- Sonal Mercantile Ltd (SONAL): — | PE — | MCap —
- RSD Finance Ltd (RSDFIN): — | PE — | MCap —
- NCL Research & Financial Services Ltd (NCLRESE): — | PE — | MCap —
- DB International Stock Brokers Ltd (DBSTOCKBRO): — | PE — | MCap —
- Vibrant Global Capital Ltd (VGCL): — | PE — | MCap —
- GACM Technologies Ltd (GATECH): — | PE — | MCap —
- Worth Investment & Trading Co Ltd (WORTH): — | PE — | MCap —
- Shri Niwas Leasing And Finance Ltd (SHRINIWAS): ₹22 | PE 0.1 | MCap ₹100 Cr
- Thacker & Company Ltd (THACKER): ₹907.1 | PE 5.2 | MCap ₹99 Cr
- Jagsonpal Services Ltd (JAGSONSER): — | PE — | MCap —
- Munoth Capital Markets Ltd (MUNCAPM): — | PE — | MCap —
- Titan Securities Ltd (TITANSEC): — | PE — | MCap —
- Panafic Industrials Ltd (PANAFIC): ₹1.88 | PE — | MCap ₹93 Cr
- Surat Trade and Mercantile Ltd (SURATRAML): — | PE — | MCap —
- Asit C Mehta Financial Services Ltd (ASITCFIN): — | PE 16.4 | MCap ₹92 Cr
- Milgrey Finance & Investments Ltd (ZMILGFIN): — | PE — | MCap —
- Tomorrow Technologies Global Innovations Ltd (TTGIL): — | PE — | MCap —
- Gujarat State Financial Corporation (GUJSTATFIN): — | PE — | MCap ₹87 Cr
- Saumya Consultants Ltd (SAUMYA): ₹125.25 | PE — | MCap ₹87 Cr
- Esaar India Ltd (ESARIND): ₹10.67 | PE 0.9 | MCap ₹86 Cr
- Prithvi Exchange (India) Ltd (PRITHVIEXCH): ₹104.8 | PE 46.0 | MCap ₹86 Cr
- BLB Ltd (BLBLIMITED): — | PE 3.1 | MCap ₹85 Cr
- Indian Infotech & Software Ltd (INDINFO): — | PE — | MCap —
- Inventure Growth & Securities Ltd (INVENTURE): — | PE 26.7 | MCap ₹84 Cr
- Amrapali Capital and Finance Services Ltd (ACFSL): — | PE — | MCap —
- Mukesh Babu Financial Services Ltd (MUKESHB): — | PE — | MCap —
- Inter Globe Finance Ltd (INTRGLB): — | PE 88.7 | MCap ₹82 Cr
- WSFx Global Pay Ltd (WSFX): — | PE — | MCap —
- Nexome Capital Markets Ltd (NEXOME): ₹72.5 | PE 4.8 | MCap ₹78 Cr
- My Money Securities Ltd (MYMONEY): — | PE — | MCap —
- Haryana Capfin Ltd (HARYNACAP): — | PE 8.6 | MCap ₹76 Cr
- Transcorp International Ltd (TRANSCOR): — | PE 8.0 | MCap ₹76 Cr
- Cubical Financial Services Ltd (CUBIFIN): — | PE 86.0 | MCap ₹75 Cr
- Comfort Fincap Ltd (COMFINCAP): — | PE — | MCap —
- Capital Trust Ltd (CAPTRUST): — | PE — | MCap ₹73 Cr
- Oasis Securities Ltd (OASISEC): — | PE — | MCap —
- Wallfort Financial Services Ltd (WALLFORT): ₹74.9 | PE 36.2 | MCap ₹73 Cr
- Standard Capital Markets Ltd (STANCAP): ₹0.29 | PE 29.0 | MCap ₹71 Cr
- India Cements Capital Ltd (INDCEMCAP): — | PE — | MCap —
- Mangalam Industrial Finance Ltd (MANGIND): — | PE — | MCap —
- Gowra Leasing & Finance Ltd (GOWRALE): ₹90 | PE 8.2 | MCap ₹70 Cr
- Apoorva Leasing Finance and Investment Company Ltd (APOORVA): — | PE — | MCap —
- SPA Capital Services Ltd (SPACAPS): — | PE — | MCap —
- BN Rathi Securities Ltd (BNRSEC): — | PE — | MCap —
- Everlon Financials Ltd (EVERFIN): ₹110.9 | PE — | MCap —
- Vertex Securities Ltd (VERTEX): — | PE — | MCap —
- Chartered Capital & Investment Ltd (CHRTEDCA): ₹218.05 | PE — | MCap —
- Continental Securities Ltd (CSL): — | PE — | MCap —
- SKP Securities Ltd (SKPSEC): — | PE — | MCap —
- Joindre Capital Services Ltd (JOINDRE): ₹47 | PE 4.6 | MCap ₹65 Cr
- Acme Resources Ltd (ACME): ₹25.37 | PE — | MCap —
- Dhansafal Finserve Ltd (DHANSAFAL): — | PE — | MCap —
- Bampsl Securities Ltd (BAMPSL): ₹18.49 | PE — | MCap —
- Minolta Finance Ltd (MINOLTAF): — | PE — | MCap —
- Mantra Capital Ltd (MANTRA): — | PE — | MCap —
- Pioneer Investcorp Ltd (PIONRINV): — | PE — | MCap —
- F Mec International Financial Services Ltd (FMEC): — | PE — | MCap —
- HB Portfolio Ltd (HBPOR): — | PE 16.5 | MCap ₹61 Cr
- Consecutive Commodities Ltd (CCDL): — | PE — | MCap —
- Banas Finance Ltd (BANASFN): — | PE — | MCap —
- Srestha Finvest Ltd (SRESTHA): — | PE — | MCap —
- Advik Capital Ltd (ADVIKCA): — | PE — | MCap —
- Elixir Capital Ltd (ELIXIR): ₹98.6 | PE 9.6 | MCap ₹57 Cr
- Gemstone Investments Ltd (GEMSI): ₹1.2 | PE 24.0 | MCap ₹57 Cr
- GACM Technologies Ltd (GATECHDVR): — | PE — | MCap —
- Dhruva Capital Services Ltd (DHRUVCA): ₹79.95 | PE 47.0 | MCap ₹57 Cr
- Ceejay Finance Ltd (CEEJAY): ₹164.45 | PE — | MCap —
- Sodhani Capital Ltd (SODHACAP): — | PE — | MCap —
- Ceeta Industries Ltd (CEETAIN): — | PE — | MCap —
- RGF Capital Markets Ltd (RGF): ₹3.67 | PE — | MCap ₹55 Cr
- Classic Leasing & Finance Ltd (CLFL): ₹44.95 | PE 25.3 | MCap ₹55 Cr
- Mefcom Capital Markets Ltd (MEFCOMCAP): — | PE — | MCap —
- Odyssey Corporation Ltd (ODYCORP): — | PE — | MCap —
- Twentyfirst Century Management Services Ltd (21STCENMGM): — | PE — | MCap ₹53 Cr
- Regis Industries Ltd (REGIS): — | PE — | MCap —
- Marg Techno Projects Ltd (MTPL): ₹6.7 | PE 5.8 | MCap ₹52 Cr
- Ladderup Finance Ltd (LADDERUP): — | PE — | MCap —
- TruCap Finance Ltd (TRU): — | PE — | MCap ₹51 Cr
- Dhanlaxmi Cotex Ltd (DHANCOT): — | PE — | MCap —
- Arnold Holdings Ltd (ARNOLD): — | PE 4.0 | MCap ₹48 Cr
- Leading Leasing Finance And Investment Company Ltd (LLFICL): ₹0.83 | PE — | MCap ₹47 Cr
- Hybrid Financial Services Ltd (HYBRIDFIN): — | PE — | MCap —
- Capfin India Ltd (CAPFIN): ₹103 | PE — | MCap ₹47 Cr
- Futuristic Solutions Ltd (FUTSOL): — | PE — | MCap —
- Kiduja India Ltd (KIDUJA): — | PE — | MCap —
- Kapil Raj Finance Ltd (KAPILRAJ): ₹4.2 | PE 70.0 | MCap ₹46 Cr
- Glance Finance Ltd (GLANCE): — | PE 16.1 | MCap ₹45 Cr
- Mega Corporation Ltd (MEGACOR): — | PE — | MCap —
- Nam Securities Ltd (NAM): — | PE — | MCap —
- Real Touch Finance Ltd (RTFL): — | PE — | MCap —
- Salem Erode Investments Ltd (SALEM): — | PE — | MCap —
- Morgan Ventures Ltd (MORGAN): — | PE 57.6 | MCap ₹43 Cr
- Mask Investments Limited (MASKINVEST): — | PE — | MCap —
- Sainik Finance & Industries Ltd (SAINIK): — | PE 9.8 | MCap ₹41 Cr
- Sai Capital Ltd (SAICAPI): — | PE 3.2 | MCap ₹41 Cr
- ARC Finance Ltd (ARCFIN): — | PE 47.0 | MCap ₹40 Cr
- HB Stockholdings Ltd (HBSL): — | PE — | MCap —
- Aastamangalam Finance Ltd (AASTAFIN): ₹25.4 | PE 3.6 | MCap ₹39 Cr
- Swati Projects Ltd (SWATIPRO): — | PE — | MCap —
- Key Corporation Ltd (KEYCORP): — | PE — | MCap —
- Sita Enterprises Ltd (SITAENT): ₹126 | PE — | MCap —
- Madhusudan Securities Ltd (MADHUSE): — | PE — | MCap —
- Ad-Manum Finance Ltd (ADMANUM): — | PE — | MCap —
- Invigorated Business Consulting Ltd (INVIGO): — | PE — | MCap —
- Lakshmi Finance & Industrial Corporation Limited (LFIC): — | PE — | MCap —
- Relic Technologies Ltd (RELICTEC): — | PE — | MCap ₹36 Cr
- Ajcon Global Services Ltd (AJCON): — | PE 199.7 | MCap ₹36 Cr
- Shyamkamal Investments Ltd (SHYMINV): — | PE — | MCap —
- Gogia Capital Growth Ltd (GOGIACAPGL): — | PE — | MCap ₹35 Cr
- JMJ Fintech Ltd (JMJFIN): — | PE — | MCap —
- Pan India Corporation Ltd (PANINDIAC): — | PE — | MCap ₹33 Cr
- Munoth Financial Services Ltd (MUNOTHFI): ₹65.04 | PE — | MCap ₹33 Cr
- Kalyan Capitals Ltd (KALYANCAP): — | PE — | MCap —
- Nagreeka Capital & Infrastructure Ltd (NAGREEKCAP): — | PE 4.2 | MCap ₹31 Cr
- Prismx Global Ventures Ltd (PRISMX): — | PE 6.6 | MCap ₹31 Cr
- SP Capital Financing Ltd (SPCAPIT): — | PE 7.6 | MCap ₹31 Cr
- Anupam Finserv Ltd (ANUPAM): — | PE 13.3 | MCap ₹31 Cr
- Margo Finance Ltd (MARGOFIN): — | PE 24.1 | MCap ₹30 Cr
- Rajvi Logitrade Ltd (RAJVI): — | PE — | MCap —
- QGO Finance Ltd (QGO): ₹43.3 | PE 8.5 | MCap ₹30 Cr
- BSEL Algo Ltd (BSELALGO): ₹3.45 | PE — | MCap ₹30 Cr
- ISL Consulting Ltd (ISLCONSUL): — | PE — | MCap ₹29 Cr
- Yamini Investments Company Ltd (YAMNINV): — | PE — | MCap —
- Easun Capital Markets Ltd (EASUN): — | PE — | MCap —
- Sumedha Fiscal Services Ltd (SUMEDHA): — | PE — | MCap —
- Challani Capital Ltd (CHALLANI): — | PE — | MCap —
- Bervin Investment & Leasing Ltd (BERVINL): ₹47.94 | PE — | MCap —
- GSB Finance Ltd (GSBFIN): ₹47.5 | PE 59.4 | MCap ₹28 Cr
- Asia Capital Ltd (ASIACAP): ₹89 | PE — | MCap —
- Purshottam Investofin Ltd (PURSHOTTAM): ₹38 | PE 29.2 | MCap ₹28 Cr
- KJMC Financial Services Ltd (KJMCFIN): — | PE 11.6 | MCap ₹28 Cr
- GSL Securities Ltd (GSLSEC): — | PE — | MCap —
- TCFC Finance Ltd (TCFCFINQ): — | PE — | MCap —
- Intec Capital Ltd (INTECCAP): — | PE 8.9 | MCap ₹27 Cr
- IndiaNivesh Ltd (INDIANVSH): — | PE — | MCap —
- Stanrose Mafatlal Investments & Finance Ltd (STANROS): — | PE — | MCap —
- Biogen Pharmachem Industries Ltd (BIOGEN): ₹0.25 | PE — | MCap —
- Sulabh Engineers & Services Ltd (SULABEN): — | PE — | MCap —
- Lerthai Finance Ltd (LERTHAI): — | PE — | MCap —
- Abhishek Finlease Ltd (ABHIFIN): — | PE — | MCap —
- Khandwala Securities Ltd (KHANDSE): — | PE — | MCap —
- Smart Finsec Ltd (SMARTFIN): ₹8.2 | PE 22.8 | MCap ₹25 Cr
- Libord Finance Ltd (LIBORDFIN): — | PE — | MCap —
- Nalin Lease Finance Ltd (NLFL): — | PE — | MCap —
- Dynamic Archistructures Ltd (DAL): — | PE — | MCap —
- Williamson Magor & Company Ltd (WILLAMAGOR): — | PE — | MCap —
- Mega Fin India Ltd (MEGFI): — | PE — | MCap ₹25 Cr
- Morarka Finance Ltd (MORARKFI): ₹52.25 | PE — | MCap —
- Helpage Finlease Ltd (HELPAGE): — | PE — | MCap —
- West Leisure Resorts Ltd (WESTLEIRES): — | PE — | MCap —
- Vani Commercials Ltd (VANICOM): ₹7.8 | PE 195.0 | MCap ₹23 Cr
- Cil Securities Ltd (CILSEC): — | PE — | MCap —
- Navigant Corporate Advisors Ltd (NAVIGANT): — | PE — | MCap —
- Paragon Finance Ltd (PARAGONF): ₹51.5 | PE — | MCap —
- Jindal Capital Ltd (JINDCAP): ₹31.15 | PE 18.3 | MCap ₹22 Cr
- KJMC Corporate Advisors (India) Ltd (KJMCCORP): ₹54.9 | PE 11.1 | MCap ₹22 Cr
- SW Investments Ltd (SW1): ₹239.7 | PE 82.4 | MCap ₹22 Cr
- Maruti Global Industries Ltd (MGIL): ₹42.94 | PE — | MCap —
- Rapid Investments Ltd (RAPIDIN): — | PE — | MCap —
- Step Two Corporation Ltd (STEP2COR): ₹28.64 | PE — | MCap —
- Stephanotis Finance Ltd (STEPHANOTIS): — | PE — | MCap —
- Khoobsurat Ltd (KHOOBSURAT): — | PE — | MCap —
- Ramsons Projects Ltd (RAMSONS): ₹71.3 | PE 4.1 | MCap ₹21 Cr
- Rita Finance and Leasing Ltd (RFLL): — | PE — | MCap —
- Kuber Udyog Ltd (KUBERJI): ₹58.75 | PE 31.4 | MCap ₹20 Cr
- Mansi Finance (Chennai) Ltd (MANSIFIN): ₹56.65 | PE 5.7 | MCap ₹20 Cr
- Bazel International Ltd (BAZELINTER): — | PE — | MCap —
- Ashirwad Capital Ltd (ASHCAP): ₹2.18 | PE 14.5 | MCap ₹20 Cr
- Frontier Capital Ltd (FRONTCAP): — | PE — | MCap —
- JMD Ventures Ltd (JMDVL): — | PE — | MCap —
- Greencrest Financial Services Ltd (GREENCREST): ₹0.54 | PE 18.0 | MCap ₹20 Cr
- Monotype India Ltd (MONOT): — | PE — | MCap —
- Mahan Industries Ltd (MAHANIN): ₹42.99 | PE 6.2 | MCap ₹19 Cr
- Moongipa Capital Finance Ltd (MONGIPA): — | PE 31.2 | MCap ₹19 Cr
- Global Capital Markets Ltd (GLOBALCA): — | PE — | MCap ₹19 Cr
- Ranjit Securities Ltd (RANJITSE): ₹68.56 | PE — | MCap —
- Abirami Financial Services India Ltd (ABIRAFN): — | PE — | MCap —
- Enbee Trade & Finance Ltd (ENBETRD): — | PE — | MCap —
- Dynamic Portfolio Management & Services Ltd (DYNAMICP): — | PE — | MCap —
- TTI Enterprise Ltd (TTIENT): — | PE — | MCap —
- TCI Finance Ltd (TCIFINANCE): — | PE — | MCap —
- Global Infratech & Finance Ltd (GBLINFRA): — | PE — | MCap —
- Richfield Financial Services Ltd (RFSL): ₹17.79 | PE 25.1 | MCap ₹17 Cr
- Yash Management & Satellite Ltd (YASHMGM): — | PE — | MCap —
- SRG Fingrow Finance Ltd (SRGFFL): — | PE 81.4 | MCap ₹17 Cr
- Regal Entertainment & Consultants Ltd (REGAL): — | PE — | MCap —
- Gilada Finance & Investments Ltd (GILADAFINS): ₹12.01 | PE — | MCap —
- Manipal Finance Corporation Ltd (MNPLFIN): — | PE — | MCap —
- Jindal Leasefin Ltd (JLL): ₹55.5 | PE 616.7 | MCap ₹17 Cr
- Vedant Asset Ltd (VEDANTASSET): — | PE 41.1 | MCap ₹16 Cr
- Bombay Talkies Ltd (BOMTALKIES): — | PE — | MCap —
- Kinetic Trust Ltd (KINETRU): ₹49.08 | PE — | MCap —
- Sanchay Finvest Ltd (SANCF): — | PE — | MCap —
- JJ Finance Corporation Ltd (JJFINCOR): ₹58 | PE — | MCap —
- Comfort Commotrade Ltd (COMCL): — | PE — | MCap —
- Mid East Portfolio Management Ltd (MIDEASTP): — | PE — | MCap —
- Visagar Financial Services Ltd (VISAGAR): — | PE — | MCap —
- Prism Finance Ltd (PRISMFN): — | PE — | MCap —
- Market Creators Ltd (MKTCREAT): — | PE — | MCap —
- Goenka Business & Finance Ltd (GBFL): — | PE 3.1 | MCap ₹16 Cr
- Mehta Integrated Finance Ltd (MEHIF): — | PE — | MCap —
- Pulsar International Ltd (PULSRIN): ₹0.35 | PE 0.9 | MCap ₹15 Cr
- Beryl Securities Ltd (BERYLSE): ₹30.99 | PE 26.0 | MCap ₹15 Cr
- DJS Stock & Shares Ltd (DJSSS): — | PE — | MCap —
- Bharat Bhushan Finance & Commodity Brokers Ltd (BHARAT): ₹21.99 | PE 52.4 | MCap ₹15 Cr
- SI Capital & Financial Services Ltd (SICAPIT): ₹12.22 | PE — | MCap —
- Inani Securities Ltd (INANISEC): ₹33.7 | PE — | MCap —
- Gajanan Securities Services Ltd (GAJANANSEC): ₹47.9 | PE 15.7 | MCap ₹15 Cr
- Pasupati Fincap Ltd (PASUFIN): — | PE — | MCap —
- Frontline Financial Services Ltd (FRONTFN): — | PE — | MCap —
- KBS India Ltd (KBSINDIA): — | PE — | MCap —
- Shree Securities Ltd (SHREESEC): — | PE — | MCap —
- Northlink Fiscal and Capital Services Ltd (NORTHLINK): — | PE 589.8 | MCap ₹15 Cr
- Trio Mercantile & Trading Ltd (TRIOMERC): — | PE — | MCap —
- Avasara Finance Ltd (AVASARA): — | PE — | MCap —
- Daulat Securities Ltd (DAULAT): — | PE — | MCap —
- Typhoon Financial Services Ltd (TFSL): ₹45.1 | PE 196.1 | MCap ₹14 Cr
- Integrated Capital Services Ltd (ICSL): — | PE — | MCap —
- Indo City Infotech Ltd-$ (INDOCITY): — | PE 37.5 | MCap ₹14 Cr
- Krishna Capital and Securities Ltd (KRISHNACAP): ₹43.34 | PE — | MCap ₹14 Cr
- UR Sugar Industries Ltd (URSUGAR): — | PE — | MCap —
- Kairosoft AI Solutions Ltd (VOLKAI): — | PE — | MCap —
- Golechha Global Finance Ltd (GOLECHA): — | PE — | MCap ₹13 Cr
- Tradewell Holdings Ltd (TRADEWELL): — | PE — | MCap —
- Panther Industrial Products Ltd (PANIDPR): — | PE — | MCap —
- Decillion Finance Ltd (DFL): — | PE — | MCap —
- Tokyo Finance Ltd (TOKYOFIN): ₹18.49 | PE 50.0 | MCap ₹13 Cr
- Karnavati Finance Ltd (KARNAVATI): ₹1.28 | PE 16.0 | MCap ₹13 Cr
- Sarvottam Finvest Ltd (SARVOTTAM): — | PE — | MCap —
- NPR Finance Ltd (NPRFIN): — | PE 48.1 | MCap ₹13 Cr
- HB Leasing & Finance Company Ltd (HBLEAS): — | PE — | MCap —
- PS IT Infrastructure & Services Ltd (PSITINFRA): — | PE — | MCap —
- GCM Securities Ltd (GCMSECU): — | PE — | MCap ₹12 Cr
- Citi Port Financial Services Ltd (CITIPOR): ₹39 | PE 46.4 | MCap ₹12 Cr
- Franklin Leasing and Finance Ltd (FRANKLIN): — | PE — | MCap —
- Fruition Venture Ltd (FRUTION): — | PE — | MCap —
- Stellar Capital Services Ltd (STELLAR): — | PE — | MCap —
- Neil Industries Ltd (NEIL): ₹6.01 | PE 7.3 | MCap ₹12 Cr
- GK Consultants Ltd (GKCONS): ₹10.98 | PE 122.0 | MCap ₹12 Cr
- Indergiri Finance Ltd (INDERGR): ₹21 | PE — | MCap —
- DCM Financial Services Ltd (DCMFINSERV): — | PE — | MCap —
- NDA Securities Ltd (NDASEC): — | PE — | MCap —
- Ontic Finserve Ltd (ONTIC): — | PE — | MCap ₹11 Cr
- Shrydus Industries Ltd (SHRYDUS): — | PE — | MCap ₹11 Cr
- United Interactive Ltd (UNITEDINT): — | PE — | MCap —
- V B Industries Ltd (VBIND): — | PE — | MCap —
- United Credit Ltd (UNITDCR): — | PE — | MCap —
- Triumph International Finance India Ltd (TRIUMPIN): ₹15 | PE — | MCap —
- Ganesh Holdings Ltd (GANHOLD): — | PE — | MCap —
- Econo Trade (India) Ltd (ETIL): — | PE — | MCap —
- Dalal Street Investments Ltd (DSINVEST): — | PE — | MCap —
- India Lease Development Ltd (INDLEASE): — | PE — | MCap —
- Lyons Corporate Market Ltd (LYONSCO): ₹21 | PE — | MCap —
- First Custodian Fund India Ltd (1STCUS): — | PE — | MCap ₹10 Cr
- Gujarat Investa Ltd (GUJINV): ₹13.78 | PE 62.6 | MCap ₹10 Cr
- Blue Chip India Ltd (BLUECHIP): — | PE — | MCap —
- Sharp Investments Ltd (SHARPINV): — | PE — | MCap —
- Jackson Investments Ltd (JACKSON): ₹0.35 | PE 4.4 | MCap ₹10 Cr
- Sarthak Global Ltd (SARTHAKGL): — | PE — | MCap —
- Arihants Securities Ltd (ARISE): ₹19.96 | PE — | MCap ₹10 Cr
- Kumbhat Financial Services Ltd (KUMPFIN): — | PE — | MCap —
- Longspur International Ventures Ltd (LONGSPUR): — | PE — | MCap —
- Svaraj Trading & Agencies Ltd (ZSVARAJT): — | PE — | MCap —
- Garbi Finvest Ltd (GARBIFIN): ₹7.59 | PE — | MCap ₹9 Cr
- Hasti Finance Ltd (HASTIFIN): — | PE — | MCap ₹9 Cr
- Adcon Capital Services Ltd (ADCON): ₹0.47 | PE — | MCap —
- Anjani Finance Ltd (ANJANIFIN): ₹8.44 | PE 52.8 | MCap ₹9 Cr
- Modern Shares & Stockbrokers Ltd (MODRNSH): — | PE — | MCap —
- Voltaire Leasing & Finance Ltd (VOLLF): — | PE — | MCap ₹9 Cr
- Trustwave Securities Ltd (TRUSTWAVE): — | PE — | MCap —
- Galada Finance Ltd (GALADAFIN): — | PE — | MCap —
- Octal Credit Capital Ltd (OCTAL): — | PE — | MCap —
- V B Desai Financial Services Ltd (VBDESAI): — | PE — | MCap —

## Analysis
India's NBFC sector fills critical credit gaps that banks cannot serve efficiently — vehicle finance, housing for informal income earners, microfinance, gold loans, and consumer credit. The sector disbursed over ₹12 lakh crore in FY24. Post the IL&FS crisis of 2018 and subsequent regulations, NBFCs have built stronger liability profiles with diversified funding. Digital lending platforms have disrupted origination costs. Key metrics: Net Interest Margin (5-8% for NBFCs vs 3-4% for banks), credit cost, book value growth, and cost-to-income ratio. Housing finance companies benefit from government subsidies and 25-year growth runway. Top NBFCs trade at 3-5x book value, reflecting superior ROE (15-20%) and growth visibility.

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