Indian (NIFTY) Capital Markets Industry Analysis
UpdatedNov 29, 2022
DataAggregated Company Financials
Companies292
- 7D3.0%
- 3M3.4%
- 1Y-7.0%
- YTD-9.6%
In the last week, the Capital Markets industry is up 3.0%, with HDFC Asset Management up 3.2%. However, the industry is down 7.0% over the past year. Looking forward, earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the Indian Capital Markets Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 30 Nov 2022 | ₹3.1t | ₹1.0t | ₹159.6b | 20.2x | 19.5x | 3.1x |
| Fri, 28 Oct 2022 | ₹3.1t | ₹1.0t | ₹160.2b | 20.7x | 19.2x | 3x |
| Sun, 25 Sep 2022 | ₹3.0t | ₹1.0t | ₹163.1b | 20.6x | 18.6x | 3x |
| Tue, 23 Aug 2022 | ₹2.9t | ₹1.0t | ₹163.9b | 20.2x | 18x | 2.9x |
| Thu, 21 Jul 2022 | ₹2.8t | ₹959.9b | ₹165.6b | 18.2x | 17x | 2.9x |
| Sat, 18 Jun 2022 | ₹2.7t | ₹957.8b | ₹164.2b | 16.5x | 16.2x | 2.8x |
| Mon, 16 May 2022 | ₹2.8t | ₹1.0t | ₹161.8b | 16.7x | 17.2x | 2.7x |
| Wed, 13 Apr 2022 | ₹3.4t | ₹1.0t | ₹160.0b | 17.4x | 21.3x | 3.3x |
| Fri, 11 Mar 2022 | ₹3.1t | ₹1.0t | ₹162.0b | 16.3x | 19x | 3x |
| Sun, 06 Feb 2022 | ₹3.4t | ₹966.7b | ₹160.0b | 17.7x | 21x | 3.5x |
| Tue, 04 Jan 2022 | ₹3.4t | ₹954.6b | ₹155.1b | 18x | 21.9x | 3.6x |
| Thu, 02 Dec 2021 | ₹3.3t | ₹948.9b | ₹154.5b | 15.1x | 21.3x | 3.5x |
| Sat, 30 Oct 2021 | ₹3.4t | ₹845.9b | ₹144.8b | 17x | 23.5x | 4x |
| Mon, 27 Sep 2021 | ₹3.3t | ₹817.0b | ₹131.4b | 17.3x | 25.1x | 4x |
| Wed, 25 Aug 2021 | ₹3.1t | ₹827.1b | ₹131.4b | 15.9x | 23.4x | 3.7x |
| Thu, 01 Jul 2021 | ₹2.8t | ₹827.1b | ₹131.4b | 14.5x | 21.5x | 3.4x |
| Sun, 04 Apr 2021 | ₹2.4t | ₹731.6b | ₹116.0b | 13x | 20.4x | 3.2x |
| Wed, 06 Jan 2021 | ₹2.4t | ₹570.1b | ₹48.5b | 12.9x | 48.5x | 4.1x |
| Sat, 10 Oct 2020 | ₹1.9t | ₹523.7b | ₹31.3b | 14.7x | 61.8x | 3.7x |
| Fri, 03 Jul 2020 | ₹1.8t | ₹497.5b | ₹29.9b | 14.7x | 61.2x | 3.7x |
| Mon, 06 Apr 2020 | ₹1.5t | ₹555.3b | ₹31.3b | 17.3x | 46.7x | 2.6x |
| Thu, 09 Jan 2020 | ₹2.2t | ₹744.0b | ₹43.5b | 13.9x | 50.8x | 3x |
Price to Earnings Ratio
59.3x
Current Industry PE
- Investors are pessimistic on the Indian Capital Markets industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 19.5x which is lower than its 3-year average PE of 35.9x.
- The 3-year average PS ratio of 3.4x is higher than the industry's current PS ratio of 3.1x.
Past Earnings Growth
- The earnings for companies in the Capital Markets industry have grown 62% per year over the last three years.
- Revenues for these companies have grown 12% 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 industry?
| IN Market | 1.88% | |
| Financials | 2.05% | |
| Capital Markets | 2.97% | |
| Asset Management | 3.94% | |
| Investment Banking and Brokerage | 2.49% | |
| Financial Exchanges and Data | 1.29% | |
| Diversified Capital Markets | -1.01% | |
Industry PE
- Investors are most optimistic about the Financial Exchanges and Data industry, which is trading close to its 3-year average PE ratio of 38.2x.
- Analysts are expecting annual earnings growth of 13.1%, which is lower than the prior year's growth of 18.8% per year.
- Investors are most pessimistic about the Diversified Capital Markets industry, which is trading below its 3-year average of 18.2x.
Forecasted Growth
- Analysts are most optimistic on the Asset Management industry, expecting annual earnings growth of 17% over the next 5 years.
- This is better than its past earnings growth rate of 7.0% per year.
- In contrast, the Diversified Capital Markets industry is expected to see its earnings decline by 8.1% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HDFCAMC HDFC Asset Management | ₹2.17k | 3.2% +₹14.5b | -13.4% | PE33.6x | |
| 543235 Angel One | ₹1.58k | 7.7% +₹9.4b | 55.8% | PE17.3x | |
| 543238 UTI Asset Management | ₹752.05 | 10.0% +₹8.7b | -31.2% | PE20.1x | |
| IIFLWAM IIFL Wealth Management | ₹1.87k | 5.2% +₹8.2b | 25.2% | PE25.5x | |
| EDELWEISS Edelweiss Financial Services | ₹66.80 | 11.8% +₹6.3b | -0.4% | PE29x |