About Non Banking Financial Company (NBFC)
26 Aug 2026Non Banking Financial Company (NBFC) is one of 21 industries in the Financial Services sector. Solomo tracks 291 listed companies classified as Non Banking Financial Company (NBFC) on India's NSE and BSE, out of 681 in the Financial Services sector. Their combined market capitalisation was ₹19,52,180 crore (₹19.52 lakh crore) on 26 Aug 2026, 16.3% of the Financial Servicessector's total and the 2nd largest of its 21 industries by market value. All 291 carry both an NSE symbol and a BSE scrip code.
The 3 largest by market capitalisation are Bajaj Finance Ltd (₹6,35,328 crore), Shriram Finance Ltd (₹2,45,742 crore) and Cholamandalam Investment & Finance Company Ltd (₹1,54,195 crore).
Median trailing P/E across the 264 companies with a reported ratio is 15.2, and median return on capital employed (ROCE) across 291 companies is 4.9%.
5 of them rank among the 100 largest listed companies in India by market capitalisation on 26 Aug 2026: Bajaj Finance Ltd (#7), Shriram Finance Ltd (#39), Cholamandalam Investment & Finance Company Ltd (#64), Tata Capital Ltd (#66) and Muthoot Finance Ltd (#80).
| Company | Market cap | P/E | ROCE |
|---|---|---|---|
| Bajaj Finance Ltd | ₹6,35,328 Cr | 33.4 | 9.9% |
| Shriram Finance Ltd | ₹2,45,742 Cr | 24.5 | 11.0% |
| Cholamandalam Investment & Finance Company Ltd | ₹1,54,195 Cr | 29.4 | 8.8% |
| Tata Capital Ltd | ₹1,53,006 Cr | 31.6 | 8.0% |
| Muthoot Finance Ltd | ₹1,25,646 Cr | 11.9 | 13.2% |
| L&T Finance Ltd | ₹80,494 Cr | 20.7 | 7.8% |
| HDB Financial Services Ltd | ₹62,718 Cr | 28.8 | 9.0% |
| SBI Cards & Payment Services Ltd | ₹58,206 Cr | 26.9 | 9.8% |
| Sundaram Finance Ltd | ₹50,810 Cr | 24.7 | 8.8% |
| Piramal Finance Ltd | ₹49,101 Cr | 32.6 | 6.0% |
| Mahindra & Mahindra Financial Services Ltd | ₹47,377 Cr | 16.6 | 8.2% |
| Authum Investment & Infrastructure Ltd | ₹43,629 Cr | 22.6 | 12.8% |
| Poonawalla Fincorp Ltd | ₹41,978 Cr | 77.5 | 5.9% |
| Manappuram Finance Ltd | ₹32,008 Cr | 31.9 | 6.8% |
| Capri Global Capital Ltd | ₹24,246 Cr | 25.5 | 9.5% |
| IIFL Finance Ltd | ₹23,501 Cr | 14.2 | 9.7% |
| Five-Star Business Finance Ltd | ₹16,110 Cr | 14.7 | 14.1% |
| SBFC Finance Ltd | ₹10,174 Cr | 29.5 | 10.4% |
| Bengal & Assam Company Ltd | ₹7,185 Cr | 8.7 | 3.7% |
| Paisalo Digital Ltd | ₹6,635 Cr | 27.9 | 11.2% |
Other industries in Financial Services: Private Sector Bank (20), Public Sector Bank (12), Life Insurance (6), Holding Company (18), Asset Management Company (16), Financial Institution (9), Investment Company (68), Stockbroking & Allied (41), General Insurance (6), Housing Finance Company (20), Exchange and Data Platform (3), Financial Technology (Fintech) (15), Other Bank (9), Depositories, Clearing Houses and Other Intermediaries (5), Financial Products Distributor (5), Other Financial Services (122), Microfinance Institutions (5), Ratings (2), Insurance Distributors (2) and Other Capital Market related Services (6).
Market capitalisation, P/E and ROCE are from Solomo's fundamentals snapshot dated 26 Aug 2026; the interactive table above re-prices market cap and P/E against live quotes during market hours, so intraday figures there will differ. Sector and industry labels follow the NSE and BSE classification, and any market-cap rank quoted above is taken across Solomo's full NSE and BSE universe. Reference data, not investment advice.