Top 50* Consistently Shariah Compliant Companies 

over Past Five Years

S.No Company Name Market Cap (Rs S.No Company Name Market Cap
Million) (Rs Million)
1 Tata Consultancy Services  26,36,964 26 Havells India Ltd.        68,108
Ltd.
2 Hindustan Unilever Ltd.  11,20,398 27 Atlas Copco (India) Ltd.        61,384
3 Bharti Airtel Ltd.     9,33,053 28 Thermax Ltd.        57,809
4 Wipro Ltd.     9,04,941 29 Bata India Ltd.        56,973
5 Nestle India Ltd.     4,49,018 30 Kansai Nerolac Paints        48,328
Ltd.
6 G A I L (India) Ltd.     4,45,997 31 Berger Paints India Ltd.        47,944
7 Asian Paints Ltd.     3,50,429 32 Astrazeneca Pharma        47,319
India Ltd.
8 Maruti Suzuki India Ltd.     3,28,939 33 Blue Dart Express Ltd.        46,958
9 Cipla Ltd.     3,03,625 34 3M India Ltd.        45,773
10 Ambuja Cements Ltd.     2,85,491 35 Nirma Ltd.        40,685
11 A C C Ltd.     2,46,406 36 Bayer Cropscience Ltd.        39,906
12 Hindustan Copper Ltd.     2,40,418 37 Gujarat Gas Co. Ltd.        37,821
13 Siemens Ltd.     2,30,924 38 Voltas Ltd.        36,563
14 Dabur India Ltd.     2,15,251 39 T T K Prestige Ltd.        35,746
15 Titan Industries Ltd.     1,96,733 40 Indraprastha Gas Ltd.        34,384
16 Colgate-Palmolive (India)     1,65,592 41 National Fertilizers Ltd.        34,291
Ltd.
17 A B B Ltd.     1,51,589 42 Mcleod Russel India        34,095
Ltd.
18 Castrol India Ltd.     1,47,491 43 Abbott India Ltd.        34,037
19 Cummins India Ltd.     1,26,459 44 S K F India Ltd.        32,251
20 Glaxosmithkline Consumer     1,23,269 45 A I A Engineering Ltd.        31,536
Healthcare Ltd.
21 Mangalore Refinery &     1,08,661 46 C M C Ltd.        29,268
Petrochemicals Ltd.
22 Tech Mahindra Ltd.     1,01,830 47 Jagran Prakashan Ltd.        28,986
23 Apollo Hospitals Enterprise        87,614 48 Gujarat State Fertilizers        28,547
Ltd. & Chemicals Ltd.
24 Procter & Gamble Hygiene        78,714 49 B A S F India Ltd.        27,240
& Health Care Ltd.
25 Crompton Greaves Ltd.        69,121 50 Mindtree Ltd.        26,952