HDFC Asset Management Company Limited Just Beat Revenue Estimates By 11%
Jul 17
Indian (NIFTY) Capital Markets Industry Analysis
UpdatedJul 17, 2024
DataAggregated Company Financials
Companies290
- 7D-0.04%
- 3M9.3%
- 1Y82.3%
- YTD23.2%
The Capital Markets is pretty flat in the last 7 days, but Aditya Birla Sun Life AMC has stood out, gaining 6.2%. As for the the longer term, the industry is up 81% over the past 12 months. Earnings are forecast to grow by 13% 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, 17 Jul 2024 | ₹6.9t | ₹1.2t | ₹308.6b | 24.6x | 22.2x | 5.8x |
| Fri, 14 Jun 2024 | ₹6.6t | ₹1.2t | ₹303.3b | 21.8x | 21.9x | 5.8x |
| Sun, 12 May 2024 | ₹6.2t | ₹1.2t | ₹311.1b | 22.6x | 20x | 5.4x |
| Tue, 09 Apr 2024 | ₹6.2t | ₹1.1t | ₹287.3b | 23.5x | 21.5x | 5.6x |
| Thu, 07 Mar 2024 | ₹6.1t | ₹1.1t | ₹301.7b | 22.8x | 20.2x | 5.5x |
| Sat, 03 Feb 2024 | ₹5.9t | ₹1.0t | ₹264.2b | 25.5x | 22.2x | 5.6x |
| Mon, 01 Jan 2024 | ₹5.4t | ₹1.0t | ₹251.6b | 23.6x | 21.6x | 5.3x |
| Wed, 29 Nov 2023 | ₹5.0t | ₹1.0t | ₹251.6b | 21.7x | 20.1x | 4.9x |
| Fri, 27 Oct 2023 | ₹4.4t | ₹1.1t | ₹249.7b | 22.8x | 17.8x | 4.2x |
| Sun, 24 Sep 2023 | ₹4.0t | ₹998.3b | ₹222.0b | 22.8x | 17.8x | 4x |
| Tue, 22 Aug 2023 | ₹3.7t | ₹997.8b | ₹221.7b | 20.9x | 16.8x | 3.7x |
| Thu, 20 Jul 2023 | ₹3.6t | ₹1.0t | ₹204.2b | 25x | 17.4x | 3.6x |
| Sat, 17 Jun 2023 | ₹3.3t | ₹1.0t | ₹202.8b | 24.2x | 16.1x | 3.3x |
| Mon, 15 May 2023 | ₹3.0t | ₹989.0b | ₹174.4b | 21.6x | 17.4x | 3.1x |
| Wed, 12 Apr 2023 | ₹2.9t | ₹992.3b | ₹161.2b | 19x | 17.9x | 2.9x |
| Fri, 10 Mar 2023 | ₹2.9t | ₹990.8b | ₹161.2b | 19.5x | 18x | 2.9x |
| Sun, 05 Feb 2023 | ₹2.9t | ₹1.0t | ₹162.0b | 20.6x | 18.1x | 2.9x |
| Tue, 03 Jan 2023 | ₹3.1t | ₹1.0t | ₹159.7b | 22.9x | 19.5x | 3.1x |
| Thu, 01 Dec 2022 | ₹3.1t | ₹1.0t | ₹159.6b | 20.7x | 19.7x | 3.1x |
| Sat, 29 Oct 2022 | ₹3.0t | ₹1.0t | ₹160.4b | 20.8x | 19x | 3x |
| Mon, 26 Sep 2022 | ₹3.0t | ₹1.0t | ₹163.2b | 20.6x | 18.6x | 3x |
| Wed, 24 Aug 2022 | ₹3.0t | ₹1.0t | ₹163.9b | 20.4x | 18.2x | 2.9x |
| Fri, 22 Jul 2022 | ₹2.8t | ₹960.3b | ₹165.6b | 17.8x | 17.2x | 3x |
| Sun, 19 Jun 2022 | ₹2.7t | ₹957.8b | ₹164.2b | 16.5x | 16.2x | 2.8x |
| Tue, 17 May 2022 | ₹2.8t | ₹1.0t | ₹161.8b | 16.7x | 17.5x | 2.8x |
| Thu, 14 Apr 2022 | ₹3.4t | ₹1.0t | ₹160.0b | 17.6x | 21.4x | 3.4x |
| Sat, 12 Mar 2022 | ₹3.1t | ₹1.0t | ₹162.0b | 16.9x | 19.2x | 3x |
| Mon, 07 Feb 2022 | ₹3.4t | ₹966.7b | ₹159.6b | 18x | 21x | 3.5x |
| Wed, 05 Jan 2022 | ₹3.4t | ₹954.6b | ₹155.1b | 19x | 22x | 3.6x |
| Fri, 03 Dec 2021 | ₹3.2t | ₹948.9b | ₹154.5b | 15.3x | 20.7x | 3.4x |
| Sun, 31 Oct 2021 | ₹3.4t | ₹847.8b | ₹146.2b | 17x | 23.2x | 4x |
| Tue, 28 Sep 2021 | ₹3.3t | ₹817.0b | ₹131.4b | 18x | 25x | 4x |
| Thu, 26 Aug 2021 | ₹3.1t | ₹827.1b | ₹131.4b | 16x | 23.5x | 3.7x |
Price to Earnings Ratio
24.6x
Current Industry PE
- Investors are optimistic on the Indian Capital Markets industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 22.3x which is higher than its 3-year average PE of 19.7x.
- The 3-year average PS ratio of 3.8x is lower than the industry's current PS ratio of 5.9x.
Past Earnings Growth
- The earnings for companies in the Capital Markets industry have grown 33% 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 | 0.82% | |
| Financials | 1.18% | |
| Capital Markets | -0.039% | |
| Diversified Capital Markets | 1.44% | |
| Financial Exchanges and Data | 1.00% | |
| Investment Banking and Brokerage | 0.48% | |
| Asset Management | -0.61% | |
Industry PE
- Investors are most optimistic about the Financial Exchanges and Data industry which is trading above its 3-year average PE ratio of 46.1x.
- Analysts are expecting annual earnings growth of 18.1%, which is higher than its past year's earnings growth of 11.7% 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 10.5x.
Forecasted Growth
- Analysts are most optimistic on the Financial Exchanges and Data industry, expecting annual earnings growth of 18% over the next 5 years.
- This is better than its past earnings growth rate of 12% 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 | |
|---|---|---|---|---|---|
| ABSLAMC Aditya Birla Sun Life AMC | ₹707.60 | 6.2% +₹11.9b | 85.5% | PE26.1x | |
| CDSL Central Depository Services (India) | ₹2.38k | 3.7% +₹8.9b | 97.7% | PE59.4x | |
| UTIAMC UTI Asset Management | ₹1.11k | 5.9% +₹7.9b | 35.6% | PE18.4x | |
| CRISIL CRISIL | ₹4.46k | 2.4% +₹7.7b | 14.0% | PE50.1x | |
| BSE BSE | ₹2.37k | 1.5% +₹4.7b | 221.7% | PE41.3x |
