Daily
250 words
4/10
Rating

26 June 2026

Audit firm market share in Nifty 500

The data provides context on corporate governance and the concentration of market power in the auditing sector, which is relevant to regulatory oversight and the tertiary sector but lacks the direct policy or legislative impact to warrant a higher score.

1 min read 1 questions 1 prelims

Notes

  • As of 2025-26, the 'Big 6' audit firms (EY, KPMG, Deloitte, GT Group, BDO Group, and PWC Group) audited 66% of Nifty 500 companies.
  • The total number of clients handled by these firms reached 779 in 2025-26, an increase from 722 in the previous year.
  • BDO Group recorded the highest growth in client acquisition, adding 17 companies.
  • Deloitte was the only firm among the 'Big 6' to experience a decline in client count, losing six clients over the year.
  • Data source: PRIME Database.

Questions

  1. The concentration of audit services among a few large firms in the Nifty 500 index raises concerns regarding market competition and systemic risk. Discuss the implications of audit market concentration for corporate governance and financial transparency in India. 150 words
    Attempt this — 150 words in 8 min
    0 / 150 words 8:00

Prelims

  1. According to 2025-26 data from PRIME Database, which of the following audit groups recorded the highest increase in the number of Nifty 500 clients?