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Indian (NIFTY) Consumer Finance Industry Analysis

UpdatedJul 07, 2026
DataAggregated Company Financials
Companies101
  • 7D3.9%
  • 3M17.8%
  • 1Y14.1%
  • YTD0.6%

Over the last 7 days, the Consumer Finance industry has risen 2.8%, driven by gains from Bajaj Finance of 4.8%. In the same time, Tata Capital was down 5.1%. In the last 12 months, the industry was up 13%. Looking forward, earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

Has the Indian Consumer Finance Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 07 Jul 2026₹18.6t₹2.1t₹729.4b22x25.5x8.7x
Thu, 04 Jun 2026₹16.1t₹2.1t₹726.4b19.9x22.2x7.6x
Sat, 02 May 2026₹17.0t₹2.1t₹697.3b20.6x24.3x8.1x
Mon, 30 Mar 2026₹15.2t₹2.0t₹659.9b16.3x23.1x7.7x
Wed, 25 Feb 2026₹17.8t₹2.0t₹659.7b20.2x27x9.1x
Fri, 23 Jan 2026₹16.6t₹1.8t₹609.1b21.4x27.3x9.3x
Sun, 21 Dec 2025₹16.8t₹1.8t₹599.1b24.2x28x9.5x
Tue, 18 Nov 2025₹16.8t₹1.8t₹598.8b25.5x28x9.4x
Thu, 16 Oct 2025₹15.1t₹1.6t₹533.8b27x28.4x9.5x
Sat, 13 Sep 2025₹14.2t₹1.6t₹533.7b28.6x26.6x8.9x
Mon, 11 Aug 2025₹13.0t₹1.6t₹519.7b28.3x25x8.2x
Wed, 09 Jul 2025₹14.0t₹1.6t₹516.9b29.1x27.1x8.8x
Fri, 06 Jun 2025₹12.6t₹1.5t₹495.0b26.9x25.5x8.4x
Sun, 04 May 2025₹12.3t₹1.5t₹499.9b18.7x24.7x8.2x
Tue, 01 Apr 2025₹12.4t₹1.5t₹497.3b18.6x25x8.3x
Thu, 27 Feb 2025₹11.6t₹1.5t₹483.1b18.3x24x7.8x
Sat, 25 Jan 2025₹10.7t₹1.5t₹475.9b21.2x22.6x7.1x
Mon, 23 Dec 2024₹10.3t₹1.5t₹481.0b23.1x21.4x6.8x
Wed, 20 Nov 2024₹10.1t₹1.5t₹481.0b21x20.9x6.6x
Fri, 18 Oct 2024₹11.1t₹1.5t₹494.2b22x22.4x7.5x
Sun, 15 Sep 2024₹11.8t₹1.5t₹490.8b22.9x24x8x
Tue, 13 Aug 2024₹10.4t₹1.5t₹488.5b22.3x21.3x7x
Thu, 11 Jul 2024₹10.9t₹1.4t₹473.5b21.3x22.9x7.7x
Sat, 08 Jun 2024₹10.7t₹1.4t₹473.2b21.6x22.6x7.6x
Mon, 06 May 2024₹10.6t₹1.4t₹463.3b22.7x22.8x7.5x
Wed, 03 Apr 2024₹10.5t₹1.4t₹451.5b22.8x23.2x7.4x
Fri, 01 Mar 2024₹9.9t₹1.4t₹451.6b23.2x21.8x7x
Sun, 28 Jan 2024₹10.5t₹1.4t₹453.0b20.8x23.2x7.3x
Tue, 26 Dec 2023₹10.5t₹1.4t₹446.6b21.3x23.4x7.4x
Thu, 23 Nov 2023₹10.0t₹1.4t₹444.6b20.4x22.5x7.1x
Sat, 21 Oct 2023₹10.3t₹1.3t₹424.7b21.4x24.2x7.6x
Mon, 18 Sep 2023₹10.2t₹1.3t₹416.8b21.2x24.4x7.6x
Wed, 16 Aug 2023₹9.5t₹1.3t₹415.2b19x23x7.2x
Fri, 14 Jul 2023₹9.8t₹1.3t₹383.6b22.5x25.5x7.8x
Price to Earnings Ratio

25.5x


Total Market Cap: ₹9.8tTotal Earnings: ₹383.6bTotal Revenue: ₹1.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Consumer Finance Industry Price to Earnings3Y Average 24.3x202420252026
Current Industry PE
  • Investors are relatively neutral on the Indian Consumer Finance 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 24.3x.
  • The industry is trading close to its 3-year average PS ratio of 8.0x.
Past Earnings Growth
  • The earnings for companies in the Consumer Finance industry have grown 24% per year over the last three years.
  • Revenues for these companies have grown 19% 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 Market1.76%
Financials1.39%
Consumer Finance3.92%
Consumer Finance3.92%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
BAJFINANCE Bajaj Finance₹1.03k4.8%
+₹291.9b		11.3%PE33.6x
LTF L&T Finance₹335.6012.2%
+₹91.3b		61.5%PE28.1x
511218 Shriram Finance₹1.06k3.0%
+₹73.1b		58.5%PE25x
511243 Cholamandalam Investment and Finance₹1.85k4.2%
+₹63.4b		22.2%PE30.2x
MUTHOOTFIN Muthoot Finance₹3.14k3.9%
+₹46.7b		17.9%PE11.9x

Latest News

IBLFL
₹57.05
IBL Finance
7D
-4.9%
1Y
-6.6%
511218
₹1,064.00
Shriram Finance
7D
3.0%
1Y
58.5%
Narrative Update • Jul 02

511218: Dividend Plans And Assumption Shifts Will Shape A Balanced Outlook

Analysts have raised the Shriram Finance price target from about ₹641 to roughly ₹1,079, citing updated assumptions that include slightly lower discount rates, higher revenue growth, stronger profit margins, and a richer forward P/E multiple. What’s in the News for Shriram Finance On April 24, 2026, the board recommended a final dividend of ₹6 per share (face value ₹2), subject to approval at the 47th AGM.
530709
₹94.15
Gowra Leasing & Finance
7D
-20.9%
1Y
-1.8%
LTF
₹335.60
L&T Finance
7D
12.2%
1Y
61.5%
POONAWALLA
₹476.35
Poonawalla Fincorp
7D
11.2%
1Y
1.7%
HDBFS
₹744.30
HDB Financial Services
7D
-1.1%
1Y
-11.8%
Narrative Update • Jun 26

HDBFS: Borrowing Plan And Governance Changes Will Shape A Fairly Priced Outlook

Analysts have adjusted their price target for HDB Financial Services to about ₹765 from roughly ₹831, citing updated assumptions for the discount rate, revenue growth, profit margins, and future P/E expectations. What's in the News HDB Financial Services has scheduled a board meeting on April 16, 2026, to consider borrowing funds via issuance of secured redeemable, non convertible debentures on a private placement basis, in one or more tranches, up to ₹22,000 crore.
531595
₹242.80
Capri Global Capital
7D
12.1%
1Y
47.0%
Narrative Update • Jun 24

531595: Upcoming Board Meetings And Dividend Decision Will Shape Fairly Balanced Outlook

Analysts have reaffirmed their fair value estimate for Capri Global Capital at ₹233, making only slight technical adjustments to inputs such as the discount rate and future P/E used in their valuation framework. What’s in the News for Capri Global Capital A board meeting is scheduled for Jun 16, 2026 at 17:00 Indian Standard Time to consider the reappointment of Rajesh Sharma as Director, the reappointment of Nupur Mukherjee and Shishir Priyadarshi as Independent Directors, and the reappointment of Sanjeev Srivastava as Chief Risk Officer.
MUTHOOTFIN
₹3,137.60
Muthoot Finance
7D
3.9%
1Y
17.9%
Narrative Update • Jun 24

MUTHOOTFIN: Insurance Intermediary Expansion Will Support Future Upside

The analyst price target for Muthoot Finance has edged lower from ₹3,859 to ₹3,836, reflecting updated views on fair value, discount rate, revenue growth, profit margin, and future P/E assumptions. What’s in the News for Muthoot Finance Shareholders approved changes to the Memorandum of Association to add a new object clause, allowing Muthoot Finance to act as a corporate agent or insurance intermediary for life, general, health and other insurance products, in line with Insurance Regulatory and Development Authority of India rules.
BAJFINANCE
₹1,029.10
Bajaj Finance
7D
4.8%
1Y
11.3%
Narrative Update • Jun 23

BAJFINANCE: Dividend Moves And Slight Assumption Shifts Will Shape Future Returns

The latest narrative update for Bajaj Finance reflects a modest upward revision in the analyst fair value estimate to ₹1,063.86 from ₹1,059.09, as analysts adjust their assumptions around the discount rate, revenue growth, profit margin and future P/E to align with recent research inputs. What's in the News Bajaj Finance has proposed a special dividend of ₹0.60 per equity share, linked to the exceptional gain on the sale of Bajaj Housing Finance Limited shares for the financial year ended 31 March 2026, with the proposal scheduled for approval at the AGM on 30 July 2026.
531213
₹346.40
Manappuram Finance
7D
9.7%
1Y
27.6%
511243
₹1,851.10
Cholamandalam Investment and Finance
7D
4.2%
1Y
22.2%
AYE
₹174.40
Aye Finance
7D
-1.2%
1Y
n/a
TATACAP
₹350.15
Tata Capital
7D
-5.1%
1Y
n/a
540097
₹49.04
GAMCO
7D
-3.6%
1Y
26.2%
538772
₹42.75
Niyogin Fintech
7D
-2.9%
1Y
-30.2%
AFIL
₹9.91
Akme Fintrade (India)
7D
-4.7%
1Y
34.6%