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Apr 14
Indian (NIFTY) Capital Markets Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies283
- 7D-0.6%
- 3M10.1%
- 1Y101.1%
- YTD12.9%
Last week, the Capital Markets industry hasn't moved much but Motilal Oswal Financial Services is up 17% in that time. As for the the longer term, the industry is up 101% over the past 12 months. 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 |
|---|---|---|---|---|---|---|
| Mon, 22 Apr 2024 | ₹6.2t | ₹1.1t | ₹292.4b | 22.8x | 21.3x | 5.5x |
| Wed, 20 Mar 2024 | ₹5.6t | ₹1.1t | ₹301.8b | 21x | 18.5x | 5.1x |
| Fri, 16 Feb 2024 | ₹5.9t | ₹1.1t | ₹295.3b | 24.7x | 20.1x | 5.5x |
| Sun, 14 Jan 2024 | ₹5.7t | ₹1.0t | ₹253.1b | 24.2x | 22.4x | 5.5x |
| Tue, 12 Dec 2023 | ₹5.2t | ₹1.0t | ₹251.6b | 21.7x | 20.8x | 5.1x |
| Thu, 09 Nov 2023 | ₹4.7t | ₹1.1t | ₹248.4b | 23.1x | 18.8x | 4.4x |
| Sat, 07 Oct 2023 | ₹4.3t | ₹1.0t | ₹227.8b | 23.7x | 19x | 4.2x |
| Mon, 04 Sep 2023 | ₹3.8t | ₹997.8b | ₹221.6b | 22.2x | 17.3x | 3.8x |
| Wed, 02 Aug 2023 | ₹3.7t | ₹1.0t | ₹215.7b | 24x | 17.2x | 3.6x |
| Fri, 30 Jun 2023 | ₹3.3t | ₹1.0t | ₹202.8b | 24.4x | 16.5x | 3.3x |
| Sun, 28 May 2023 | ₹3.1t | ₹1.0t | ₹178.6b | 20.7x | 17.4x | 3.1x |
| Tue, 25 Apr 2023 | ₹2.9t | ₹990.3b | ₹179.5b | 20.8x | 16.3x | 2.9x |
| Thu, 23 Mar 2023 | ₹2.8t | ₹990.8b | ₹161.2b | 18.9x | 17.5x | 2.8x |
| Sat, 18 Feb 2023 | ₹2.9t | ₹984.8b | ₹160.5b | 19.8x | 18.1x | 3x |
| Mon, 16 Jan 2023 | ₹3.1t | ₹1.0t | ₹159.8b | 22.6x | 19.5x | 3.1x |
| Wed, 14 Dec 2022 | ₹3.2t | ₹1.0t | ₹159.7b | 22.4x | 19.8x | 3.1x |
| Fri, 11 Nov 2022 | ₹3.1t | ₹1.0t | ₹161.7b | 21.8x | 18.9x | 3x |
| Sun, 09 Oct 2022 | ₹3.0t | ₹1.0t | ₹158.9b | 20.9x | 19.1x | 3x |
| Tue, 06 Sep 2022 | ₹3.0t | ₹1.0t | ₹164.5b | 20.5x | 18.3x | 3x |
| Thu, 04 Aug 2022 | ₹2.9t | ₹957.6b | ₹161.4b | 18.4x | 17.9x | 3x |
| Sat, 02 Jul 2022 | ₹2.7t | ₹956.6b | ₹164.2b | 17.1x | 16.4x | 2.8x |
| Mon, 30 May 2022 | ₹2.8t | ₹1.0t | ₹158.5b | 16.8x | 17.7x | 2.7x |
| Wed, 27 Apr 2022 | ₹3.3t | ₹1.0t | ₹161.9b | 18x | 20.7x | 3.3x |
| Fri, 25 Mar 2022 | ₹3.2t | ₹1.0t | ₹162.0b | 15.9x | 20x | 3.2x |
| Sun, 20 Feb 2022 | ₹3.2t | ₹1.0t | ₹162.0b | 16.6x | 19.7x | 3.1x |
| Tue, 18 Jan 2022 | ₹3.6t | ₹956.2b | ₹155.7b | 19.8x | 22.8x | 3.7x |
| Thu, 16 Dec 2021 | ₹3.4t | ₹951.7b | ₹154.6b | 16.3x | 22.2x | 3.6x |
| Sat, 13 Nov 2021 | ₹3.5t | ₹852.6b | ₹154.2b | 16x | 23x | 4.2x |
| Mon, 11 Oct 2021 | ₹3.5t | ₹815.0b | ₹131.0b | 18.3x | 27x | 4.3x |
| Wed, 08 Sep 2021 | ₹3.3t | ₹816.9b | ₹131.2b | 15.8x | 25x | 4x |
| Fri, 06 Aug 2021 | ₹3.2t | ₹827.1b | ₹131.4b | 17.1x | 24.4x | 3.9x |
| Mon, 10 May 2021 | ₹2.4t | ₹731.6b | ₹116.0b | 14x | 20.8x | 3.3x |
Price to Earnings Ratio
20.8x
Current Industry PE
- Investors are relatively neutral on the Indian Capital Markets 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 19.8x.
- The 3-year average PS ratio of 3.6x is lower than the industry's current PS ratio of 5.5x.
Past Earnings Growth
- The earnings for companies in the Capital Markets industry have grown 36% per year over the last three years.
- Revenues for these companies have grown 15% 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 | -1.57% | |
| Financials | -2.02% | |
| Capital Markets | -0.57% | |
| Diversified Capital Markets | 8.38% | |
| Asset Management | 0.46% | |
| Investment Banking and Brokerage | -1.82% | |
| Financial Exchanges and Data | -4.63% | |
Industry PE
- Investors are most optimistic about the Financial Exchanges and Data industry which is trading above its 3-year average PE ratio of 44.9x.
- Analysts are expecting annual earnings growth of 23.9%, which is higher than its past year's earnings growth of 10.6% per year.
- Investors are most pessimistic about the Diversified Capital Markets industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 10.0x.
Forecasted Growth
- Analysts are most optimistic on the Financial Exchanges and Data industry, expecting annual earnings growth of 24% over the next 5 years.
- This is better than its past earnings growth rate of 11% per year.
- In contrast, the Diversified Capital Markets industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| MOTILALOFS Motilal Oswal Financial Services | ₹2.33k | 17.0% +₹50.4b | 285.8% | PE18.4x | |
| NAM-INDIA Nippon Life India Asset Management | ₹577.75 | 7.9% +₹26.6b | 146.3% | PE37.8x | |
| 539177 Authum Investment & Infrastructure | ₹794.45 | 11.7% +₹14.1b | 264.2% | PE2.9x | |
| 360ONE 360 One Wam | ₹769.45 | 4.0% +₹11.1b | 85.0% | PE38.6x | |
| BSE BSE | ₹2.85k | 2.4% +₹9.1b | 522.6% | PE50.7x |
