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Indian (NIFTY) Consumer Finance Industry Analysis

UpdatedDec 07, 2025
DataAggregated Company Financials
Companies97
  • 7D0.4%
  • 3M15.3%
  • 1Y41.5%
  • YTD35.0%

The Consumer Finance industry has stayed flat over the last week. As for the the longer term, the industry is up 42% over the past 12 months. Earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 07 Dec 2025₹17.1t₹1.8t₹599.1b23.6x28.5x9.6x
Tue, 04 Nov 2025₹16.6t₹1.7t₹583.2b27.1x28.5x9.6x
Thu, 02 Oct 2025₹14.4t₹1.6t₹533.7b26.2x27x9x
Sat, 30 Aug 2025₹13.0t₹1.6t₹533.7b26.8x24.3x8.1x
Mon, 28 Jul 2025₹13.6t₹1.6t₹520.9b28.3x26x8.5x
Wed, 25 Jun 2025₹13.2t₹1.5t₹495.0b25.7x26.7x8.8x
Fri, 23 May 2025₹12.7t₹1.5t₹493.0b19.6x25.7x8.4x
Sun, 20 Apr 2025₹12.8t₹1.5t₹497.3b18.4x25.8x8.6x
Tue, 18 Mar 2025₹11.9t₹1.5t₹483.1b17.8x24.6x8x
Thu, 13 Feb 2025₹11.4t₹1.5t₹488.6b19.7x23.3x7.5x
Sat, 11 Jan 2025₹10.6t₹1.5t₹481.0b20.7x22.1x7.1x
Mon, 09 Dec 2024₹10.5t₹1.5t₹481.0b22.9x21.8x7x
Wed, 06 Nov 2024₹10.7t₹1.5t₹486.8b21.5x21.9x7.1x
Fri, 04 Oct 2024₹11.6t₹1.5t₹491.1b22.3x23.6x7.9x
Sun, 01 Sep 2024₹11.2t₹1.5t₹490.7b23.4x22.9x7.6x
Tue, 30 Jul 2024₹10.7t₹1.5t₹486.6b24.3x22x7.3x
Thu, 27 Jun 2024₹11.0t₹1.4t₹473.3b22.8x23.2x7.8x
Sat, 25 May 2024₹10.2t₹1.4t₹466.0b19.3x22x7.2x
Mon, 22 Apr 2024₹10.4t₹1.4t₹451.5b21.8x23.1x7.4x
Wed, 20 Mar 2024₹9.6t₹1.4t₹451.5b20x21.2x6.8x
Fri, 16 Feb 2024₹10.0t₹1.4t₹451.6b23.1x22.1x7.1x
Sun, 14 Jan 2024₹10.9t₹1.4t₹446.7b21.5x24.4x7.7x
Tue, 12 Dec 2023₹10.3t₹1.4t₹444.6b20.6x23.1x7.3x
Thu, 09 Nov 2023₹10.1t₹1.4t₹440.5b20.2x23x7.3x
Sat, 07 Oct 2023₹10.5t₹1.3t₹417.0b20.8x25.2x7.9x
Mon, 04 Sep 2023₹11.4t₹1.3t₹415.6b20.4x27.4x8.6x
Wed, 02 Aug 2023₹9.8t₹1.3t₹406.2b20.5x24.2x7.6x
Fri, 30 Jun 2023₹9.5t₹1.3t₹383.6b20.8x24.7x7.5x
Sun, 28 May 2023₹8.9t₹1.3t₹383.9b21.7x23.3x7.1x
Tue, 25 Apr 2023₹7.8t₹1.2t₹360.0b21.2x21.7x6.5x
Thu, 23 Mar 2023₹7.5t₹1.2t₹359.9b23.9x20.9x6.2x
Sat, 18 Feb 2023₹8.0t₹1.2t₹359.9b27.1x22.3x6.6x
Mon, 16 Jan 2023₹7.7t₹1.1t₹322.2b28.6x24x7x
Wed, 14 Dec 2022₹8.2t₹1.1t₹321.9b28.1x25.6x7.4x
Price to Earnings Ratio

25.6x


Total Market Cap: ₹8.2tTotal Earnings: ₹321.9bTotal Revenue: ₹1.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Consumer Finance Industry Price to Earnings3Y Average 23.8x202320242025
Current Industry PE
  • Investors are optimistic on the Indian Consumer Finance industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 28.5x which is higher than its 3-year average PE of 23.8x.
  • The 3-year average PS ratio of 7.6x is lower than the industry's current PS ratio of 9.6x.
Past Earnings Growth
  • The earnings for companies in the Consumer Finance industry have grown 23% per year over the last three years.
  • Revenues for these companies have grown 17% 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-0.83%
Financials-0.84%
Consumer Finance0.36%
Consumer Finance0.36%
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₹1.05k1.0%
+₹65.2b		53.0%PE35.6x
MUTHOOTFIN Muthoot Finance₹3.80k1.5%
+₹22.4b		94.7%PE20.8x
CHOLAHLDNG Cholamandalam Financial Holdings₹1.92k3.9%
+₹13.4b		26.1%PE16.2x
SUNDARMFIN Sundaram Finance₹4.85k2.5%
+₹13.3b		16.4%PE27.3x
511218 Shriram Finance₹855.600.6%
+₹10.0b		36.9%PE16.3x

Latest News

531213
₹279.50
Manappuram Finance
7D
-1.9%
1Y
66.6%

531213: Board Meeting Will Shape Interim Dividend Outlook As Metrics Remain Stable

Narrative Update on Manappuram Finance Analysts have modestly raised their price target for Manappuram Finance to ₹275.38, reflecting a slightly higher discount rate and updated valuation assumptions as they refine forecasts for the company’s long term earnings profile. What's in the News Board meeting scheduled for October 30, 2025, to review and approve unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025 (company filing) Board to consider declaration of an interim dividend for shareholders at the October 30, 2025 meeting (company filing) Valuation Changes Fair Value: Unchanged at approximately ₹275.38 per share Discount Rate: Risen slightly from about 15.99 percent to 16.04 percent, reflecting a marginally higher required return Revenue Growth: Effectively unchanged at around 40.23 percent, indicating stable growth assumptions Net Profit Margin: Essentially flat at roughly 34.75 percent, with only a negligible numerical adjustment Future P/E: Risen slightly from about 10.83x to 10.85x, suggesting a marginally higher valuation multiple on forward earnings
POONAWALLA
₹470.65
Poonawalla Fincorp
7D
-2.0%
1Y
33.2%

POONAWALLA: AI Risk Systems And Capital Raise Will Shape Outlook

Analysts have slightly reduced their fair value estimate for Poonawalla Fincorp to approximately ₹493 from about ₹493.30, citing a marginal uptick in the assumed discount rate and a modestly lower future P E multiple, while keeping growth and profitability expectations broadly unchanged. What's in the News Poonawalla Fincorp has rolled out five new AI powered platforms, including an Early Warning System for workforce risk, an AI driven Suspicious Transaction Reporting tool for AML compliance, a RegIntel compliance assistant, an Employee Relations Governance Tool, and a Travel Bot integrated with Microsoft Teams, as part of a broader risk first digital transformation program (company announcement).
511243
₹1,730.55
Cholamandalam Investment and Finance
7D
-0.3%
1Y
35.7%

511243: Fair Margins And Board Reclassification Review Will Shape Outlook

Analysts have slightly raised their price target for Cholamandalam Investment and Finance to ₹1,728 from ₹1,718, citing marginally stronger expectations for revenue growth and valuation multiples, despite a modest softening in profit margin and a slightly higher discount rate. What's in the News Board meeting scheduled on November 6, 2025, to review and approve audited standalone and consolidated financial results for the quarter and half year ended September 30, 2025 (company filing) Board to evaluate requests from YCAS and CECL for reclassification from promoter or related category to public category under Regulation 31A of SEBI Listing Regulations (company filing) Confirmation of eligibility of YCAS and CECL under Regulation 31A(3)(b) to be taken up as part of the same board meeting agenda (company filing) Valuation Changes Fair Value Estimate has risen slightly to ₹1,728.41 from ₹1,717.91, reflecting a marginally higher intrinsic value assessment.
BAJFINANCE
₹1,048.00
Bajaj Finance
7D
1.0%
1Y
53.0%

BAJFINANCE: Upcoming Results Will Clarify Margins Amid Slightly Higher Required Returns

Analysts have modestly raised their price target on Bajaj Finance, with fair value moving from ₹1,066.16 to ₹1,073.81, citing a slightly improved profit margin outlook and resilient long term earnings visibility, despite marginally softer revenue growth assumptions and a higher discount rate. What's in the News The board has scheduled a meeting on November 10, 2025, to consider and approve the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025 (company filing).
511218
₹855.60
Shriram Finance
7D
0.6%
1Y
36.9%

511218: Leadership Changes And Governance Decisions Will Shape Measured Outlook Through 2025

Analysts have nudged their price target on Shriram Finance slightly higher to Rs 830 from Rs 821, citing marginally stronger long term revenue growth, profit margin expectations and a modestly richer future P E multiple in their refreshed valuation model. What's in the News Board meeting on October 31, 2025 to review Q2 and first half FY26 financial results, consider an interim dividend, evaluate fund raising and discuss other strategic matters (exchange filing) Board approves re designation of Parag Sharma from Managing Director and CFO to Managing Director and CEO, effective December 5, 2025, following completion of Y.
INDOSTAR
₹254.74
IndoStar Capital Finance
7D
9.8%
1Y
-18.4%
M&MFIN
₹367.55
Mahindra & Mahindra Financial Services
7D
-1.2%
1Y
32.2%

M&MFIN: Upcoming Joint Venture Agreement Is Likely To Weigh On Valuation

Analysts have raised their price target for Mahindra & Mahindra Financial Services from ₹309.69 to ₹321.09. They cite slightly higher projected revenue growth and profit margins as key factors behind the upward adjustment.
CREDITACC
₹1,290.70
CreditAccess Grameen
7D
-3.5%
1Y
38.3%

CREDITACC: Leadership Changes And Financial Updates Will Influence Future Performance Outlook

Analysts have marginally increased their price target for CreditAccess Grameen to ₹1,458.73 from ₹1,455.40. They cite slight improvements in revenue growth projections and a minor reduction in the discount rate as key factors behind the revision.
MUTHOOTFIN
₹3,800.10
Muthoot Finance
7D
1.5%
1Y
94.7%

MUTHOOTFIN: Improved Profit Margins And Planned Equity Infusion Will Drive Stability

Narrative Update on Muthoot Finance Analyst Price Target Analysts have raised their price target for Muthoot Finance from ₹2,917 to ₹3,445, citing improved profit margin forecasts as a primary driver for this upward revision. What's in the News An upcoming Board Meeting is scheduled for November 13, 2025 to review unaudited financial results for the quarter and half-year ended September 30, 2025 (Key Developments) The Board Meeting will also consider and potentially approve fund raising through the issue of Redeemable Non-Convertible Debentures (Key Developments) An additional equity infusion of Rs. 500 Crores is planned for Muthoot Money Limited, a wholly owned subsidiary (Key Developments) The alteration of Articles of Association has been approved by the company (Key Developments) Valuation Changes Consensus Analyst Price Target increased from ₹2,917 to ₹3,445, reflecting higher fair value estimates.
CHOLAHLDNG
₹1,917.60
Cholamandalam Financial Holdings
7D
3.9%
1Y
26.1%
MASFIN
₹320.60
MAS Financial Services
7D
3.8%
1Y
15.6%
SUNDARMFIN
₹4,848.30
Sundaram Finance
7D
2.5%
1Y
16.4%
HDBFS
₹749.00
HDB Financial Services
7D
-2.4%
1Y
n/a
FIVESTAR
₹580.65
Five-Star Business Finance
7D
-1.7%
1Y
-8.6%

Five-Star Business Finance Limited (NSE:FIVESTAR) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Nov 01
Five-Star Business Finance Limited (NSE:FIVESTAR) Just Released Its Second-Quarter Earnings: Here's What Analysts Think
TATACAP
₹325.45
Tata Capital
7D
-0.7%
1Y
n/a
SBICARD
₹885.15
SBI Cards and Payment Services
7D
0.6%
1Y
23.4%