Ahmedabad Times

The company audit panorama in India continues to be closely consolidated round main institutional gamers, with the Large 4 and main mid-tier companies dominating the market. In line with information compiled by Prime Infobase, EY Group, KPMG Group and Deloitte Group secured the highest three spots among the many 10 auditors that dealt with the very best variety of listed firm audits within the monetary yr 2025-26 (FY26).

EY Group retained its high place by auditing 187 corporations in FY26, registering a 3% development from 182 corporations in FY25. KPMG Group recorded a pointy 11% quantity development, rising to 157 corporations, whereas Deloitte Group held the third spot with 131 corporations, down barely from 137 within the earlier fiscal.

They have been adopted by GT Group (125), BDO Group (97), PWC Group (82), Singhi Group (52), KGS & Alliance Group (47), Lodha & Co (27) and CNK & Associates LLP. Amongst these companies, CNK & Associates LLP emerged because the fastest-growing agency within the high 10, leaping 41% to audit 24 corporations in FY26.

High auditors by way of market capitalisation of corporations audited

Whereas quantity signifies market attain, market capitalisation metrics underscore the monetary scale of the firms these auditors oversee. In FY26, KPMG Group led by market capitalisation share, auditing corporations that represent 15.67% (Rs 71,14,060 crore) of the overall market capitalisation of all corporations lined in Prime Infobase’s report.

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EY Group adopted carefully at 15.35% (Rs 69,73,130 crore), with Deloitte Group capturing 13.94% (Rs 63,31,111 crore). Collectively, KPMG, EY and Deloitte command almost 45% of the overall market capitalisation of those listed entities. The Large Six institutional audit teams’ collective share reached 61%, whereas the worldwide Large 4 companies accounted for 51% of your complete market capitalisation.Solely 25 audit companies managed portfolios of 10 or extra listed corporations. Conversely, 649 audit companies audited only a single listed firm. In the meantime, the development of joint audits noticed a minor contraction. In FY26, the variety of corporations deploying joint auditors fell to 164 (7% of two,436 listed corporations) from 170 (8% of two,240 corporations) in FY25. Of the 164 corporations adopting joint audits in FY26, 119 belonged to the personal sector and 45 have been public sector undertakings (PSUs) or public sector banks (PSBs).

In FY26, 71 situations of mid-term cessations (resignations or terminations) have been recorded throughout 68 corporations, up from 58 situations in 55 corporations throughout FY25. Moreover, 22 auditors throughout 22 corporations resigned after finishing their FY26 audit assignments regardless of having further years left of their designated tenures. Yr-on-year auditor modifications have been recorded throughout 323 corporations transitioning from FY25 to FY26.

The tenures of 1,030 auditors throughout 997 corporations are scheduled to run out within the ongoing FY27. Of those, 385 auditors (throughout 381 corporations) will full a tenure of 10 years.
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