HDFC Asset Management Company Limited (NSE:HDFCAMC) Beat Earnings, And Analysts Have Been Reviewing Their Forecasts
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Indian (NIFTY) Capital Markets Industry Analysis
UpdatedOct 21, 2025
DataAggregated Company Financials
Companies310
- 7D1.0%
- 3M1.8%
- 1Y16.2%
- YTD11.5%
The Capital Markets is pretty flat in the last 7 days, but Nippon Life India Asset Management has stood out, gaining 10%. The past year has been better, since the industry has gained 16% in that time. Looking forward, earnings are forecast to grow by 16% 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 |
|---|---|---|---|---|---|---|
| Tue, 21 Oct 2025 | ₹10.0t | ₹1.2t | ₹293.5b | 26x | 34.1x | 8.1x |
| Thu, 18 Sep 2025 | ₹9.5t | ₹1.2t | ₹293.2b | 23.4x | 32.4x | 7.7x |
| Sat, 16 Aug 2025 | ₹9.4t | ₹1.3t | ₹297.1b | 24.1x | 31.7x | 7.4x |
| Mon, 14 Jul 2025 | ₹9.1t | ₹1.2t | ₹282.2b | 24.2x | 32.4x | 7.8x |
| Wed, 11 Jun 2025 | ₹9.6t | ₹1.2t | ₹301.7b | 23x | 31.7x | 7.9x |
| Fri, 09 May 2025 | ₹7.7t | ₹1.2t | ₹299.7b | 18.9x | 25.8x | 6.3x |
| Sun, 06 Apr 2025 | ₹7.2t | ₹1.2t | ₹310.1b | 19.1x | 23.2x | 5.8x |
| Tue, 04 Mar 2025 | ₹6.7t | ₹1.2t | ₹310.1b | 18.2x | 21.6x | 5.4x |
| Thu, 30 Jan 2025 | ₹7.7t | ₹1.2t | ₹345.7b | 21.3x | 22.4x | 6.2x |
| Sat, 28 Dec 2024 | ₹9.0t | ₹1.2t | ₹349.8b | 23.9x | 25.8x | 7.4x |
| Mon, 25 Nov 2024 | ₹8.6t | ₹1.2t | ₹342.8b | 22.3x | 25.1x | 7.2x |
| Wed, 23 Oct 2024 | ₹8.4t | ₹1.2t | ₹325.8b | 25x | 25.6x | 7.1x |
| Fri, 20 Sep 2024 | ₹8.0t | ₹1.2t | ₹331.7b | 24.9x | 24.2x | 6.9x |
| Sun, 18 Aug 2024 | ₹7.2t | ₹1.2t | ₹333.7b | 21.9x | 21.6x | 6.2x |
| Tue, 16 Jul 2024 | ₹6.8t | ₹1.2t | ₹306.3b | 24.1x | 22.3x | 5.9x |
| Thu, 13 Jun 2024 | ₹6.6t | ₹1.2t | ₹313.9b | 21.6x | 21x | 5.6x |
| Sat, 11 May 2024 | ₹6.2t | ₹1.2t | ₹309.8b | 23.2x | 20.1x | 5.4x |
| Mon, 08 Apr 2024 | ₹6.2t | ₹1.1t | ₹287.3b | 23.2x | 21.5x | 5.6x |
| Wed, 06 Mar 2024 | ₹6.2t | ₹1.1t | ₹296.7b | 23.5x | 20.8x | 5.7x |
| Fri, 02 Feb 2024 | ₹5.9t | ₹1.0t | ₹264.0b | 24.8x | 22.2x | 5.6x |
| Sun, 31 Dec 2023 | ₹5.4t | ₹1.0t | ₹251.6b | 23.6x | 21.6x | 5.3x |
| Tue, 28 Nov 2023 | ₹5.0t | ₹1.0t | ₹251.6b | 21.7x | 19.9x | 4.9x |
| Thu, 26 Oct 2023 | ₹4.5t | ₹1.1t | ₹249.7b | 23.3x | 17.9x | 4.2x |
| Sat, 23 Sep 2023 | ₹4.0t | ₹998.4b | ₹222.1b | 22.8x | 17.8x | 4x |
| Mon, 21 Aug 2023 | ₹3.7t | ₹997.8b | ₹221.7b | 20.9x | 16.8x | 3.7x |
| Wed, 19 Jul 2023 | ₹3.5t | ₹1.0t | ₹204.2b | 25.1x | 17.3x | 3.5x |
| Fri, 16 Jun 2023 | ₹3.2t | ₹1.0t | ₹202.8b | 23.8x | 16x | 3.2x |
| Sun, 14 May 2023 | ₹3.0t | ₹988.6b | ₹174.2b | 21.4x | 17.5x | 3.1x |
| Tue, 11 Apr 2023 | ₹2.9t | ₹992.3b | ₹161.2b | 18.8x | 17.8x | 2.9x |
| Thu, 09 Mar 2023 | ₹2.9t | ₹990.8b | ₹161.2b | 20x | 18.1x | 2.9x |
| Sat, 04 Feb 2023 | ₹2.9t | ₹1.0t | ₹161.9b | 20.6x | 18.1x | 2.9x |
| Mon, 02 Jan 2023 | ₹3.1t | ₹1.0t | ₹159.7b | 21.8x | 19.3x | 3x |
| Wed, 30 Nov 2022 | ₹3.1t | ₹1.0t | ₹159.6b | 20.1x | 19.5x | 3.1x |
| Fri, 28 Oct 2022 | ₹3.1t | ₹1.0t | ₹160.2b | 20.7x | 19.2x | 3x |
Price to Earnings Ratio
19.2x
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 34.1x which is higher than its 3-year average PE of 22.3x.
- The 3-year average PS ratio of 5.3x is lower than the industry's current PS ratio of 8.1x.
Past Earnings Growth
- The earnings for companies in the Capital Markets industry have grown 22% per year over the last three years.
- Revenues for these companies have grown 7.0% 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 | 1.20% | |
| Financials | 1.79% | |
| Capital Markets | 0.97% | |
| Financial Exchanges and Data | 2.39% | |
| Diversified Capital Markets | 1.97% | |
| Investment Banking and Brokerage | 1.97% | |
| Asset Management | 0.089% | |
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 51.7x.
- Analysts are expecting annual earnings growth of 17.8%, which is lower than the prior year's growth of 29.8% 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 13.6x.
Forecasted Growth
- Analysts are most optimistic on the Investment Banking and Brokerage industry, expecting annual earnings growth of 19% over the next 5 years.
- This is better than its past earnings decline of 0.9% per year.
- In contrast, the Diversified Capital Markets industry is expected to see its earnings grow by 14% 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 | |
|---|---|---|---|---|---|
| NAM-INDIA Nippon Life India Asset Management | ₹968.20 | 10.0% +₹56.2b | 46.7% | PE45.7x | |
| CRISIL CRISIL | ₹4.96k | 8.0% +₹26.7b | 1.6% | PE48.4x | |
| HDFCAMC HDFC Asset Management | ₹5.71k | 2.0% +₹24.3b | 26.5% | PE44.5x | |
| 360ONE 360 One Wam | ₹1.18k | 4.3% +₹19.7b | 14.7% | PE42.2x | |
| MOTILALOFS Motilal Oswal Financial Services | ₹1.03k | 2.7% +₹16.4b | 10.7% | PE22.2x |
