Archive · 12 Jan 2026
93 Companies Have Exited Sensex in 40 Years
The Sensex, which is like a list of the top 30 companies in India, has seen a lot of changes over the past 40 years.
Since 1985, 93 companies have been part of the Sensex, but only 30 are there now.
This means 63 companies have left the Sensex for various reasons like not doing well, merging with other companies, or becoming less valuable.
The biggest changes happened between 1995 and 2000, when 18 companies left.
Now, the changes are slower, with only a few companies leaving every five years.
The types of companies in the Sensex have also changed.
In 1991, almost all were manufacturing companies, but now less than half are.
The gap between the biggest and smallest companies in the Sensex has also gotten smaller.
Experts think that new technologies and startups might make the Sensex change faster in the future.
93 companies have been part of the Sensex since 1985, with 63 no longer in the index.
The biggest churn occurred between 1995 and 2000, with 18 exits.
The pace of exits has since dropped to single-digit over every five-year period.
Manufacturing's share in the Sensex has dropped from 96% in 1991 to under 50% currently.
The gap between the most and least valuable companies in the Sensex has narrowed from 100 times to 16 times.
- Who
- Business Standard
- What
- Analysis of Sensex composition changes over 40 years
- When
- Since 1985, with specific focus on 1995-2000
- Where
- India (BSE Sensex)
- Why
- To understand the churn and evolution of the Sensex index
- Total Companies in Sensex Since 1985
- 93
- Current Sensex Companies
- 30
- Companies No Longer in Sensex
- 63
- Biggest Churn Period
- 1995-2000 (18 exits)
- Current Churn Rate
- Single-digit exits per five-year period
- Manufacturing's Share in 1991
- 96%
- Manufacturing's Current Share
- Under 50%
- Largest to Smallest Company Ratio in 1990s
- 100 times
- Current Largest to Smallest Company Ratio
- 16 times