Nifty India Defence

Powering National Security. Bolster Your Investments

As of Apr 24, 2026, the PE ratio is 56.05 and the PB ratio is 11.77

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Index Report

Easy-to-read, rules-based summary. Educational only.

1) Index Snapshot (1-minute read)

Nifty India Defence is at 8,844.70 as of Apr 24, 2026. 1Y CAGR is 39.45%. It is 2.57% below its recent peak. Current valuation: PE 56.05, PB 11.77.

As of
Apr 24, 2026
Current Value
8,844.70
PE / PB
56.05 / 11.77
Dividend Yield
0.54%
1Y CAGR
39.45%
3Y CAGR
-
5Y CAGR
-
Volatility (1Y)
26.91%
Drawdown from Peak
2.57%

2) Valuation Zone

Zone is Expensive based on the last 15Y of PE/PB history.

Expensivepercentile
PE 56.05vs 5Y avg 49.08 (14.21%)
PE 56.05vs 10Y avg 49.08 (14.21%)
PE 56.05vs 15Y avg 49.08 (14.21%)
PB 11.77vs 5Y avg 11.39 (3.32%)
PB 11.77vs 10Y avg 11.39 (3.32%)
PB 11.77vs 15Y avg 11.39 (3.32%)

3) Earnings Growth Health

Trend:Improving

Composite proxy: 20.24% (weighted 1Y/3Y/5Y/10Y/15Y).

Status map: 1Y Improving.

1YImproving
Price CAGR: 39.45%
PE CAGR: 19.20%
Proxy: 20.24%
3YN/A
Price CAGR: -
PE CAGR: -
Proxy: -
5YN/A
Price CAGR: -
PE CAGR: -
Proxy: -
10YN/A
Price CAGR: -
PE CAGR: -
Proxy: -
15YN/A
Price CAGR: -
PE CAGR: -
Proxy: -

Proxy = price CAGR minus PE CAGR. Overall trend uses weighted proxy across 1Y/3Y/5Y/10Y/15Y, so single-year noise has less impact.

4) Sector Contribution Breakdown

Based on constituent counts (weights not available).

INDUSTRIAL MANUFACTURING
90.00%
CHEMICALS
10.00%

5) Risk Signals

  • Volatility is high (26.91%). Expect bigger swings.
  • Index is near its recent peak (drawdown 2.57%).
  • Valuation is elevated vs history.

Signals are descriptive, not predictions.

6) Action Guidance

SIP
Maintain

Maintain SIP contributions for long-term discipline.

Lump-sum
Avoid

Avoid lump-sum entries at elevated valuations.

Rules-based guidance for long-term investors. Not a buy/sell call.

7) Index vs Inflation vs FD

Inflation and FD rates are not configured yet.

Supporting Guides

Intent-focused pages connected to this index.

Technical Signals

Overbought

Recent Performance

Analyze the recent performance of the Nifty India Defence, including its recent highs and lows

Recent HighRecent LowCurrent Market Apr 24, 2026
PEPBDIVPointsPEPBDIVPointsFall(%)~PEPBDIVPoints
Jun 23, 2025Mar 30, 2026~Apr 24, 2026
64.9215.950.409078.3045.729.600.677214.30-20.53

56.0511.770.548844.70 (22.6% )

Performance

Past performance returns (%) of the index

#1D1W1M3M6M1Y3Y5Y7Y10Y15Y
Nifty India Defence-1.571.823.7610.929.0434.28-----

Fundamentals

Nifty India Defence

PEPBDiv
56.0511.770.54

Index Companies

Companies included in this index

Companies
Name of the companyIndustrySymbol
Astra Microwave Products Ltd.INDUSTRIAL MANUFACTURINGASTRAMICRO
BEML Ltd.INDUSTRIAL MANUFACTURINGBEML
Bharat Dynamics Ltd.INDUSTRIAL MANUFACTURINGBDL
Bharat Electronics Ltd.INDUSTRIAL MANUFACTURINGBEL
Cochin Shipyard Ltd.INDUSTRIAL MANUFACTURINGCOCHINSHIP
Garden Reach Shipbuilders & Engineers Ltd.INDUSTRIAL MANUFACTURINGGRSE
Hindustan Aeronautics Ltd.INDUSTRIAL MANUFACTURINGHAL
MTAR Technologies Ltd.INDUSTRIAL MANUFACTURINGMTARTECH
Mazagoan Dock Shipbuilders Ltd.INDUSTRIAL MANUFACTURINGMAZDOCK
Solar Industries India Ltd.CHEMICALSSOLARINDS

About

The Nifty Defence Index offers a strategic approach to investing in India's growing defense sector. It tracks a curated portfolio of companies significantly involved in defense production, research, and technology. By following this index, you gain exposure to companies that play a vital role in strengthening India's national security, while potentially benefiting from the sector's growth trajectory.

Portfolio Characteristics

MethodologyPeriodic Capped Free Float
No. of Constituents10
Launch Date2022-04-19
Calculation FrequencyEnd of day
Index RebalancingSemi - Annually