India is one of the largest economies in the world in terms of GDP(Gross Domestic Products). A company is evaluated on the basis of assets, profits, sales, market value, share price, etc. However, when we talk about the company size, one of the most important factors to consider is its market capitalization. The total market capitalization can be calculated using the company’s current share value with its total outstanding shares. In this post, we are going to discuss the Top Companies in India by Market Capitalization.
Market capitalization = company’s current share value * total outstanding shares
Table of Contents
Top Companies in India by Market Capitalization
Reliance Industries
Reliance Industries Ltd is one of the top multinational companies in India. It is based out in Mumbai. Currently, it is managed by Mukesh Ambani. Dhirubhai Ambani and Champaklal Damani established the company in 1960 as Reliance Commercial Corporation.
Reliance Industries has many business vertices like energy, petrochemicals, textiles, natural resources, retail, and telecommunications. The market capitalization of Reliance Industries Limited is Rs.1,609,426 Crores with a current share price of Rs. 2,398.55
Company Details
| Company Name | Reliance |
| Share price | 2,726 |
| Total Market Cap(Cr) | 1,843,984 Cr |
| Face Value | Rs 10 |
| P/E | 33.5 |
| ROCE | 8.19 % |
| ROE | 7.97 % |
Tata Consultancy Services (TCS)
TCS is again among the top multinational Information Technology services and consulting companies in India. Its head office is in Mumbai. Currently, it is managed by the Tata group. TCS has multiple branches across 46 countries. The fullform of TCS is Tata Consultancy Services Limited.
According to Market Capitalization, TCS is the second largest company in India. TCS is one of the top IT Services brands globally. The market capitalization of TCS is Rs. 1,405,879 Crores with a current share price of Rs. 3546.15.
Company Details
| Company Name | TCS |
| Share price | 3,565 |
| Total Market Cap(Cr) | 1,304,470 Cr |
| Face Value | Rs 1 |
| P/E | 34.0 |
| ROCE | 54.9 % |
| ROE | 43.6 % |
Infosys
Infosys is one of the top multinational companies in India that provides business consulting, information technology and outsourcing services. Its headquarters is in Bangalore. The market capitalization of Infosys is Rs. 742,698 Cr with a current share price of Rs. 1,702.8.
Company Details
| Company Name | Infosys |
| Share price | 1,586 |
| Total Market Cap(Cr) | 667,399 Cr |
| Face Value | Rs 5 |
| P/E | 30.3 |
| ROCE | 37.1 % |
| ROE | 29.0 % |
HDFC Bank
HDFC Bank is the leading private bank and financial services firm in India. It was established in 1994. Its head office is in Mumbai. HDFC Bank is one of the largest private sectors in terms of market capitalization. HDFC’s first corporate office and a full-service branch at Sandoz House, Worli, were inaugurated by Manmohan Singh. The market capitalization of HDFC Bank is Rs. 829,817 Crores with a current share price of Rs.1,374.25.
Company Details
| Company Name | HDFC Bank |
| Share price | 1,371 |
| Total Market Cap(Cr) | 760,593 Cr |
| Face Value | Rs 1 |
| P/E | 20.0 |
| ROCE | 6.36 |
| ROE | 18.1 % |
Hindustan Unilever (HUL)
Hindustan Unilever Limited is a FMCG giant company which was founded in 1933. Its head office is in Mumbai, India. HUL portfolio consists of Surf Excel, Rin, Wheel, Sunlight, Vim, Lux, Lifebuoy, Dove, Fair & Lovely, Pond’s, Vaseline, Clinic Plus, Sunsilk, Lakmé, Pepsodent, Closeup, Axe, Bru, Knorr, Kissan, etc. The market capitalization of Hindustan Unilever Limited is Rs. 541865 Crores with a current share price of Rs. 2,149.1.
Company Details
| Company Name | Hindustan Unilever |
| Share price | 2,138 |
| Total Market Cap(Cr) | 502,284 Cr |
| Face Value | Rs 1 |
| P/E | 57.0 |
| ROCE | 39.2 % |
| ROE | 29.2 % |
Housing Development Finance Corporation Limited (HDFC)
Housing Development Finance Corporation Limited is an Indian financial services company established in 1977. Its head office is in Mumbai. It is one of the best housing finance providers in India. HDFC is also providing general insurance, life insurance, loans and banking. The market capitalization of Housing Development Finance Corporation Limited is Rs. 464,587 Crores with a current share price of Rs. 2278.1.
Company Details
| Company Name | HDFC |
| Share price | 2,225 |
| Total Market Cap(Cr) | 403,399 Cr |
| Face Value | Rs 2 |
| P/E | 18.8 |
| ROCE | 9.23 % |
| ROE | 13.2 % |
ICICI Bank
ICICI Bank is a multinational banking and financial services company in India. Its head office is in Vadodara, Gujarat. It provides various services to its clients related to investment banking, life, non-life insurance, venture capital, and asset management. ICICI Bank has multiple branches across 17 countries. The market capitalization of ICICI Bank is Rs. 562,648 Crores with a current share price of Rs. 714.85.
Company Details
| Company Name | ICICI Bank |
| Share price | 759 |
| Total Market Cap(Cr) | 527,277 Cr |
| Face Value | Rs 2 |
| P/E | 21.0 |
| ROCE | 6.04 % |
| ROE | 15.9 % |
Kotak Mahindra Bank
Kotak Mahindra Bank is one of the largest private bank in terms of market capitalization. Its head office is in Mumbai. Uday Kotak founded Kotak Mahindra bank in the year 1985.
In 2003 Kotak Mahindra got a license from the RBI. It provides various financial services to clients related to personal finance, investment banking, general insurance, life insurance, and wealth management. The market capitalization of Kotak Mahindra Bank is Rs. 373430 Crores with a current share price of Rs. 1806.
Company Details
| Company Name | Kotak Mahindra Bank |
| Share price | 1,742 |
| Total Market Cap(Cr) | 345,688 Cr |
| Face Value | Rs 5 |
| P/E | 32.0 |
| ROCE | 6.49 % |
| ROE | 13.1 % |
State Bank of India (SBI)
State Bank of India (SBI) is a public sector banking and financial services provider in India. Its head office is in Mumbai. SBI is the 43rd largest bank in the world. The market capitalization of SBI is Rs. 475057 Crores with a current share price of Rs. 474.25.
Company Details
| Company Name | SBI |
| Share price | 507 |
| Total Market Cap(Cr) | 452,433 Cr |
| Face Value | Rs 1 |
| P/E | 12.2 |
| ROCE | 4.53 % |
| ROE | 8.21 % |
Bajaj Finance
Bajaj Finance Limited, a subsidiary of Bajaj Finserv is an Indian non-banking financial company (NBFC). It provides various services to clients related to consumer finance, SME (small and medium-sized enterprises), commercial lending, and wealth management. Its head office is in Pune. The market capitalization of Bajaj Finance Limited is Rs. 423,512 Crores with a current share price of Rs. 6831.55.
Company Details
| Company Name | Bajaj Finance |
| Share price | 7,183 |
| Total Market Cap(Cr) | 434,874 Cr |
| Face Value | Rs 2 |
| P/E | 73.0 |
| ROCE | 9.39 % |
| ROE | 12.8 % |