Master methodology v1.3 · §3.10, Gate 1 carve-out §18.3
The full method requires daily licensed price and share-capital data that WCRC operates from the 2027 edition. To start the series with an honest, reproducible base, the Inaugural Edition uses a transitional method, disclosed in full.
The mandatory disclosure
The Inaugural Edition ranks eligible companies by average full market capitalisation for 1 July – 31 December 2025, using AMFI's published half-yearly averages as the source values, with WCRC's eligibility, identity and legal-entity rules applied. From the 2027 edition, WCRC computes averages directly from exchange data under the full methodology. The measurement period ended on 31 December 2025; values do not reflect subsequent market movements.
§3.10, quoted verbatim
What WCRC applied
- The §3.2 eligibility screen: non-INE and foreign-incorporated entities, SME-platform securities, REIT/InvIT/fund and other non-ordinary lines, and entities delisted or merged out by 31 December 2025 were removed.
- Multiple listed classes consolidated into one legal-entity row per §3.6.
- Identity verified — legal name, CIN, ISIN — for all 1,000 rows and the review band at ranks 950–1,050.
- Price-integrity screens P1, P2 and P4 applied from archived NSE and BSE bhavcopies and SEBI orders, for all candidates in the top 1,500. P3 and P5 where archived data allowed.
- A second reviewer independently recomputed the ranking and reproduced all 1,000 ranks and values exactly.
What is not in this edition
- Year-on-year rank change — there is no prior edition to compare against.
- Numeric Corporate Value Intelligence scores for named companies, which remain in validation.
- Sector, HQ state and free-float fields, which are being verified for the assured edition.
- External assurance, which is due by 31 December 2026. Until then the edition is labelled pre-assurance.
The Inaugural Edition is published off-cycle in September 2026, with the full-method 2027 edition returning to the Q1 calendar. It must never be described as reflecting current market values.