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Indian (NIFTY) Financials Sector Analysis

UpdatedOct 14, 2024
DataAggregated Company Financials
Companies611
  • 7D-0.1%
  • 3M-2.2%
  • 1Y26.4%
  • YTD14.5%

The Financials is pretty flat in the last 7 days, but HDFC Bank has stood out, gaining 4.3%. The past year has been better, since the industry has gained 26% in that time. As for the next few years, earnings are expected to grow by 12% per annum.

Sector Valuation and Performance

Has the Indian Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 15 Oct 2024₹101.4t₹33.2t₹5.9t23.9x17.2x3.1x
Thu, 12 Sep 2024₹100.5t₹33.2t₹5.9t23.4x17.1x3x
Sat, 10 Aug 2024₹99.0t₹33.2t₹5.9t23.4x16.9x3x
Mon, 08 Jul 2024₹100.6t₹31.9t₹5.6t23.1x18x3.2x
Wed, 05 Jun 2024₹89.3t₹32.1t₹5.6t19.2x15.9x2.8x
Fri, 03 May 2024₹95.4t₹31.1t₹5.5t22.6x17.5x3.1x
Sun, 31 Mar 2024₹89.7t₹29.7t₹5.2t20.4x17.4x3x
Tue, 27 Feb 2024₹91.1t₹29.7t₹5.2t23x17.7x3.1x
Thu, 25 Jan 2024₹91.3t₹30.1t₹5.4t22.5x16.8x3x
Sat, 23 Dec 2023₹89.6t₹29.3t₹5.3t21.2x16.9x3.1x
Mon, 20 Nov 2023₹82.6t₹29.5t₹5.4t20.5x15.4x2.8x
Wed, 18 Oct 2023₹82.5t₹28.5t₹5.0t22.3x16.4x2.9x
Fri, 15 Sep 2023₹82.8t₹28.5t₹5.0t22x16.5x2.9x
Sun, 13 Aug 2023₹77.5t₹28.5t₹5.0t20.5x15.4x2.7x
Tue, 11 Jul 2023₹73.6t₹26.5t₹4.6t23.1x15.9x2.8x
Thu, 08 Jun 2023₹70.6t₹26.6t₹4.6t21.4x15.3x2.6x
Sat, 06 May 2023₹67.4t₹26.1t₹4.3t19.8x15.6x2.6x
Mon, 03 Apr 2023₹62.8t₹25.5t₹4.3t18.6x14.6x2.5x
Wed, 01 Mar 2023₹63.1t₹25.4t₹4.3t19.1x14.6x2.5x
Fri, 27 Jan 2023₹66.2t₹24.6t₹3.9t21.3x16.9x2.7x
Sun, 25 Dec 2022₹65.7t₹24.2t₹3.8t20.5x17.3x2.7x
Tue, 22 Nov 2022₹66.1t₹24.2t₹3.8t19.3x17.4x2.7x
Thu, 20 Oct 2022₹63.2t₹23.3t₹3.4t20.3x18.6x2.7x
Sat, 17 Sep 2022₹64.5t₹23.3t₹3.4t20.7x19.1x2.8x
Mon, 15 Aug 2022₹62.8t₹23.2t₹3.3t20.3x19x2.7x
Wed, 13 Jul 2022₹57.0t₹23.1t₹3.1t18.7x18.6x2.5x
Fri, 10 Jun 2022₹57.6t₹23.0t₹3.1t18.2x18.8x2.5x
Sun, 08 May 2022₹52.9t₹16.0t₹2.8t19x18.6x3.3x
Tue, 05 Apr 2022₹59.8t₹15.8t₹2.7t19.5x22.5x3.8x
Thu, 03 Mar 2022₹54.5t₹15.8t₹2.7t17.7x20.5x3.4x
Sat, 29 Jan 2022₹58.4t₹15.5t₹2.5t19x23.5x3.8x
Mon, 27 Dec 2021₹55.6t₹15.6t₹2.4t18.1x23.1x3.6x
Wed, 24 Nov 2021₹59.1t₹15.6t₹2.4t17.3x24.5x3.8x
Fri, 22 Oct 2021₹62.1t₹14.8t₹2.3t18.6x27x4.2x
Price to Earnings Ratio

27x


Total Market Cap: ₹62.1tTotal Earnings: ₹2.3tTotal Revenue: ₹14.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Financials Sector Price to Earnings3Y Average 18.1x202220232024
Current Industry PE
  • Investors are relatively neutral on the Indian Financials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 18.1x.
  • The industry is trading close to its 3-year average PS ratio of 3.0x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 37% per year over the last three years.
  • Revenues for these companies have grown 31% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Indian Financials sector?

IN Market0.37%
Financials-0.14%
Capital Markets4.58%
Diversified Financial0.63%
Mortgage Finance0%
Mortgage REITs0%
Consumer Finance-0.49%
Banks-0.58%
Insurance-1.91%
Industry PE
  • Investors are most optimistic about the Capital Markets industry which is trading above its 3-year average PE ratio of 19.7x.
    • Analysts are expecting annual earnings growth of 14.1%, which is lower than the prior year's growth of 64.4% per year.
  • Investors are most pessimistic about the Banks industry, which is trading below its 3-year average of 16.4x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Financial industry, expecting annual earnings growth of 20% over the next 5 years.
  • However this is lower than its past earnings growth rate of 28% per year.
  • In contrast, the Banks industry is expected to see its earnings grow by 8.7% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
HDFCBANK HDFC Bank₹1.69k4.3%
+₹536.4b
10.4%PB2.7x
SBIN State Bank of India₹805.154.5%
+₹307.9b
39.9%PB1.6x
500247 Kotak Mahindra Bank₹1.91k6.8%
+₹243.1b
9.1%PB2.9x
LICI Life Insurance Corporation of India₹959.503.1%
+₹180.3b
50.6%PE12.9x
BSE BSE₹4.81k25.7%
+₹135.0b
224.7%PE109.9x
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Latest News

IRFC

₹151.35

Indian Railway Finance

7D

4.8%

1Y

98.4%

500247

₹1,910.30

Kotak Mahindra Bank

7D

6.8%

1Y

9.1%

AUBANK

₹701.00

AU Small Finance Bank

7D

-4.4%

1Y

-1.2%

HDFCBANK

₹1,688.10

HDFC Bank

7D

4.3%

1Y

10.4%

LICI

₹959.50

Life Insurance Corporation of India

7D

3.1%

1Y

50.6%

BAJFINANCE

₹7,208.80

Bajaj Finance

7D

-0.8%

1Y

-10.3%

BAJAJFINSV

₹1,867.20

Bajaj Finserv

7D

-0.6%

1Y

13.7%

RECLTD

₹540.35

REC

7D

8.0%

1Y

83.8%

POLICYBZR

₹1,652.65

PB Fintech

7D

-2.3%

1Y

123.8%

SUNDARMFIN

₹5,106.40

Sundaram Finance

7D

-4.5%

1Y

58.6%

PFC

₹473.60

Power Finance

7D

8.0%

1Y

88.0%

SBIN

₹805.15

State Bank of India

7D

4.5%

1Y

39.9%