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Indian (NIFTY) Consumer Finance Industry Analysis

UpdatedSep 25, 2025
DataAggregated Company Financials
Companies96
  • 7D1.8%
  • 3M3.4%
  • 1Y15.9%
  • YTD30.8%

The Consumer Finance industry is up 1.8% in the last week, with Bajaj Finance up 1.6%. In the last 12 months, the industry was up 16%. Looking forward, earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 25 Sep 2025₹14.7t₹1.6t₹533.8b27.9x27.5x9.2x
Sat, 23 Aug 2025₹13.5t₹1.6t₹533.0b28.5x25.3x8.4x
Mon, 21 Jul 2025₹14.0t₹1.6t₹516.7b28.9x27.1x8.8x
Wed, 18 Jun 2025₹13.2t₹1.5t₹495.0b26.4x26.7x8.8x
Fri, 16 May 2025₹12.8t₹1.5t₹496.5b19.9x25.8x8.4x
Sun, 13 Apr 2025₹12.2t₹1.5t₹497.3b18.4x24.5x8.2x
Tue, 11 Mar 2025₹11.7t₹1.5t₹483.1b17.9x24.1x7.8x
Thu, 06 Feb 2025₹11.8t₹1.5t₹489.4b20x24.1x7.8x
Sat, 04 Jan 2025₹11.0t₹1.5t₹481.0b23.3x23x7.3x
Mon, 02 Dec 2024₹10.2t₹1.5t₹481.0b21.9x21.2x6.8x
Wed, 30 Oct 2024₹10.7t₹1.5t₹487.6b21.4x22x7.2x
Fri, 27 Sep 2024₹12.1t₹1.5t₹490.8b22.3x24.7x8.2x
Sun, 25 Aug 2024₹10.7t₹1.5t₹490.7b23.6x21.8x7.3x
Tue, 23 Jul 2024₹10.7t₹1.4t₹475.0b23.4x22.5x7.5x
Thu, 20 Jun 2024₹11.0t₹1.4t₹473.1b21.4x23.2x7.8x
Sat, 18 May 2024₹10.2t₹1.4t₹465.8b21.9x22x7.1x
Mon, 15 Apr 2024₹10.7t₹1.4t₹451.5b21.2x23.6x7.5x
Wed, 13 Mar 2024₹9.7t₹1.4t₹451.5b21x21.4x6.8x
Fri, 09 Feb 2024₹10.0t₹1.4t₹450.1b22.2x22.1x7.1x
Sun, 07 Jan 2024₹10.9t₹1.4t₹446.6b21.8x24.3x7.7x
Tue, 05 Dec 2023₹10.4t₹1.4t₹444.6b20.8x23.3x7.4x
Thu, 02 Nov 2023₹10.0t₹1.4t₹436.5b20x22.9x7.3x
Sat, 30 Sep 2023₹10.3t₹1.3t₹417.0b21x24.7x7.7x
Mon, 28 Aug 2023₹11.0t₹1.3t₹415.3b20.3x26.6x8.3x
Wed, 26 Jul 2023₹9.9t₹1.3t₹390.0b20.2x25.5x7.9x
Fri, 23 Jun 2023₹9.6t₹1.3t₹383.6b21.2x25x7.6x
Sun, 21 May 2023₹8.8t₹1.3t₹379.4b22.3x23.1x6.7x
Tue, 18 Apr 2023₹7.8t₹1.2t₹360.0b21x21.7x6.4x
Thu, 16 Mar 2023₹7.4t₹1.2t₹359.9b21.7x20.6x6.1x
Sat, 11 Feb 2023₹8.1t₹1.2t₹358.4b30x22.5x6.7x
Mon, 09 Jan 2023₹7.7t₹1.1t₹322.2b28.4x23.9x6.9x
Wed, 07 Dec 2022₹8.1t₹1.1t₹321.9b27.4x25.3x7.3x
Fri, 04 Nov 2022₹8.1t₹1.1t₹319.4b27.6x25.4x7.7x
Sun, 02 Oct 2022₹8.2t₹987.0b₹298.2b29x27.5x8.3x
Price to Earnings Ratio

27.5x


Total Market Cap: ₹8.2tTotal Earnings: ₹298.2bTotal Revenue: ₹987.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Consumer Finance Industry Price to Earnings3Y Average 23.7x202320242025
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 27.5x which is higher than its 3-year average PE of 23.7x.
  • The 3-year average PS ratio of 7.5x is lower than the industry's current PS ratio of 9.2x.
Past Earnings Growth
  • The earnings for companies in the Consumer Finance industry have grown 21% 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-0.91%
Financials-0.21%
Consumer Finance1.78%
Consumer Finance1.78%
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₹1.01k1.6%
+₹100.9b		30.4%PE36.1x
MUTHOOTFIN Muthoot Finance₹3.05k3.2%
+₹37.7b		49.0%PE19.8x
511243 Cholamandalam Investment and Finance₹1.59k0.4%
+₹4.7b		-3.1%PE30.1x
CREDITACC CreditAccess Grameen₹1.42k2.0%
+₹4.4b		16.3%PE116.8x
531595 Capri Global Capital₹188.451.6%
+₹2.8b		-9.1%PE31.4x

Latest News

SBFC
₹108.91
SBFC Finance
7D
1.0%
1Y
19.8%
BAJFINANCE
₹1,012.75
Bajaj Finance
7D
1.6%
1Y
30.4%

India's Digital Transformation And Customer Base Will Unlock Value

With revenue growth forecasts and the discount rate both virtually unchanged, Bajaj Finance’s analyst price target saw only a slight upward adjustment to ₹988.70. What's in the News Mr. Anup Kumar Saha resigned as Managing Director and Director on the Board of Bajaj Finance, effective from the close of business hours on 21 July 2025, due to personal reasons.
HDBFS
₹767.10
HDB Financial Services
7D
-3.0%
1Y
n/a
POONAWALLA
₹493.45
Poonawalla Fincorp
7D
-1.7%
1Y
23.5%
SBICARD
₹887.00
SBI Cards and Payment Services
7D
-0.5%
1Y
13.5%

With SBI Cards and Payment Services Limited (NSE:SBICARD) It Looks Like You'll Get What You Pay For

Sep 18
With SBI Cards and Payment Services Limited (NSE:SBICARD) It Looks Like You'll Get What You Pay For
M&MFIN
₹279.60
Mahindra & Mahindra Financial Services
7D
-2.2%
1Y
-17.9%

Rural Growth And Digital Transformation Will Expand Market Reach

The increase in Mahindra & Mahindra Financial Services’ analyst price target to ₹304.44 reflects an improved valuation despite stable future P/E and discount rate metrics. What's in the News Analyst/Investor Day event conducted.
RNFI
₹370.35
RNFI Services
7D
12.0%
1Y
162.7%
511243
₹1,591.55
Cholamandalam Investment and Finance
7D
0.4%
1Y
-3.1%

India's Rising Middle Class Will Fuel Lending Expansion

Cholamandalam Investment and Finance saw negligible changes in both its discount rate and future P/E, resulting in an unchanged analyst consensus price target of ₹1573. What's in the News Board meeting scheduled to consider and approve unaudited standalone and consolidated financial results for the quarter ended 30 June 2025.
MUTHOOTFIN
₹3,051.60
Muthoot Finance
7D
3.2%
1Y
49.0%

Government Reforms And Digital Upgrades Will Transform Credit Ecosystem

With both the discount rate and Future P/E multiple remaining virtually flat, consensus analyst fair value for Muthoot Finance is unchanged at ₹2735. What's in the News Approved alteration of Articles of Association.
531595
₹188.45
Capri Global Capital
7D
1.6%
1Y
-9.1%
CREDITACC
₹1,416.50
CreditAccess Grameen
7D
2.0%
1Y
16.3%

Rural Incomes And Government Focus Will Expand Microfinance Market

The minor increase in CreditAccess Grameen’s consensus price target to ₹1360 is primarily supported by a slight uptick in its forward P/E ratio, while net profit margins remain stable. What's in the News Mr. M.
531213
₹280.80
Manappuram Finance
7D
-4.0%
1Y
37.8%

Gold Loan Expansion And Digital Adoption Will Fuel Indian Lending

The upward revision in Manappuram Finance's consensus price target reflects a higher anticipated future P/E multiple despite a slight moderation in projected revenue growth, resulting in a new fair value estimate of ₹264.08. What's in the News Board to consider conversion of euro medium term note programme into a global medium term note programme and issuance of up to $2 billion in senior secured notes, subject to conditions.
FIVESTAR
₹519.95
Five-Star Business Finance
7D
-3.6%
1Y
-34.8%
FUSION
₹193.05
Fusion Finance
7D
3.7%
1Y
-21.3%
511218
₹612.65
Shriram Finance
7D
-2.3%
1Y
-15.5%
CHOLAHLDNG
₹1,869.00
Cholamandalam Financial Holdings
7D
-4.2%
1Y
-10.1%