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Indian (NIFTY) Consumer Finance Industry Analysis

UpdatedMay 23, 2026
DataAggregated Company Financials
Companies101
  • 7D-0.6%
  • 3M-9.9%
  • 1Y7.3%
  • YTD-10.2%

Over the last 7 days, the Consumer Finance industry has dropped 2.5%, and Tata Capital contributed the most with a 2.7% decline. In the past year, the industry has gained 7.0%. 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
Sat, 23 May 2026₹16.6t₹2.2t₹733.8b19.5x22.6x7.6x
Mon, 20 Apr 2026₹17.2t₹2.0t₹662.2b19.4x25.9x8.6x
Wed, 18 Mar 2026₹15.9t₹2.0t₹659.9b17.1x24.1x8.1x
Fri, 13 Feb 2026₹18.1t₹1.9t₹642.4b22.1x28.1x9.3x
Sun, 11 Jan 2026₹16.8t₹1.8t₹599.1b24.7x28.1x9.5x
Tue, 09 Dec 2025₹16.8t₹1.8t₹599.1b24x28x9.5x
Thu, 06 Nov 2025₹16.8t₹1.7t₹573.8b26.4x29.3x9.7x
Sat, 04 Oct 2025₹14.4t₹1.6t₹533.8b27.4x27x9x
Mon, 01 Sep 2025₹13.0t₹1.6t₹533.7b26.8x24.3x8.1x
Wed, 30 Jul 2025₹13.2t₹1.6t₹521.0b28.1x25.4x8.3x
Fri, 27 Jun 2025₹13.5t₹1.5t₹495.1b25.5x27.3x9x
Sun, 25 May 2025₹12.8t₹1.5t₹493.1b19.9x26x8.5x
Tue, 22 Apr 2025₹13.1t₹1.5t₹497.3b19x26.3x8.8x
Thu, 20 Mar 2025₹12.3t₹1.5t₹483.1b18.4x25.4x8.2x
Sat, 15 Feb 2025₹11.5t₹1.5t₹488.1b18.8x23.6x7.6x
Mon, 13 Jan 2025₹10.6t₹1.5t₹481.0b20.7x22.1x7.1x
Wed, 11 Dec 2024₹10.7t₹1.5t₹481.0b23.5x22.3x7.1x
Fri, 08 Nov 2024₹10.5t₹1.5t₹482.9b22x21.8x7x
Sun, 06 Oct 2024₹11.4t₹1.5t₹491.1b21.3x23.2x7.7x
Tue, 03 Sep 2024₹11.4t₹1.5t₹490.7b23.9x23.3x7.8x
Thu, 01 Aug 2024₹10.7t₹1.5t₹486.6b23x22x7.3x
Sat, 29 Jun 2024₹10.9t₹1.4t₹473.3b22.5x23.1x7.8x
Mon, 27 May 2024₹10.2t₹1.5t₹465.8b19.6x22x7x
Wed, 24 Apr 2024₹10.6t₹1.4t₹451.5b22.1x23.4x7.5x
Fri, 22 Mar 2024₹9.8t₹1.4t₹451.5b21.2x21.7x6.9x
Sun, 18 Feb 2024₹10.0t₹1.4t₹451.6b23x22.2x7.1x
Tue, 16 Jan 2024₹10.8t₹1.4t₹446.7b21.9x24.2x7.7x
Thu, 14 Dec 2023₹10.3t₹1.4t₹444.6b21.5x23.1x7.3x
Sat, 11 Nov 2023₹10.1t₹1.4t₹441.7b20.6x22.9x7.3x
Mon, 09 Oct 2023₹10.5t₹1.3t₹417.0b20.8x25.2x7.9x
Wed, 06 Sep 2023₹9.9t₹1.3t₹416.9b20.8x23.8x7.5x
Fri, 04 Aug 2023₹9.6t₹1.3t₹408.1b19.1x23.6x7.4x
Sun, 02 Jul 2023₹9.5t₹1.3t₹383.6b20.9x24.9x7.6x
Tue, 30 May 2023₹9.0t₹1.3t₹383.3b22.2x23.4x7.1x
Price to Earnings Ratio

23.4x


Total Market Cap: ₹9.0tTotal Earnings: ₹383.3bTotal Revenue: ₹1.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Consumer Finance Industry Price to Earnings3Y Average 24.4x202420252026
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 24.4x.
  • The industry is trading close to its 3-year average PS ratio of 7.9x.
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 20% 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 Market0.48%
Financials0.30%
Consumer Finance-0.58%
Consumer Finance-0.58%
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₹916.550.7%
+₹37.8b		-0.8%PE29.9x
531213 Manappuram Finance₹324.105.3%
+₹15.5b		40.6%PE30.3x
511218 Shriram Finance₹941.150.4%
+₹8.4b		42.6%PE22.1x
KISSHT OnEMI Technology Solutions₹231.7418.2%
+₹6.0b		n/aPE24.3x
531595 Capri Global Capital₹190.652.9%
+₹5.1b		20.2%PE19.3x

Latest News

KISSHT
₹231.74
OnEMI Technology Solutions
7D
18.2%
1Y
n/a
CREDITACC
₹1,274.60
CreditAccess Grameen
7D
-3.1%
1Y
14.1%
Narrative Update • May 20

CREDITACC: Upcoming Mortgage Acquisition Plans Will Support Stronger Future Performance

Analysts now place CreditAccess Grameen's fair value at ₹1,847, up from ₹1,671, citing updated assumptions on discount rate, revenue growth, profit margins and future P/E as key drivers of the revised target. What's in the News Board meeting scheduled on May 8, 2026, to consider and approve audited financial statements and results for the quarter and financial year ended March 31, 2026 (company filing).
INDOSTAR
₹214.73
IndoStar Capital Finance
7D
8.9%
1Y
-36.1%
LTF
₹270.15
L&T Finance
7D
-3.8%
1Y
54.3%
HDBFS
₹654.30
HDB Financial Services
7D
-3.1%
1Y
n/a
AYE
₹140.43
Aye Finance
7D
12.1%
1Y
n/a
511218
₹941.15
Shriram Finance
7D
0.4%
1Y
42.6%
Narrative Update • May 15

511218: Dividend Hike And Planned Debt Raising Will Support Stronger Prospects Ahead

Analysts have slightly raised their fair value estimate for Shriram Finance to about ₹1,182. This modest adjustment reflects updated views on discount rates, long-term revenue growth, profit margins and future P/E assumptions.
BAJFINANCE
₹916.55
Bajaj Finance
7D
0.7%
1Y
-0.8%
Analysis Article • May 15

Here's Why We Think Bajaj Finance (NSE:BAJFINANCE) Is Well Worth Watching

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
POONAWALLA
₹399.75
Poonawalla Fincorp
7D
-3.3%
1Y
0.7%
Narrative Update • May 14

POONAWALLA: Equity Raise And AI Credit Platform Will Sustain Premium Repricing

Analysts have modestly adjusted their price target on Poonawalla Fincorp from ₹658 to ₹663, citing revised assumptions around discount rates, revenue growth, profit margins, and future P/E expectations. What's in the News Poonawalla Fincorp completed a follow on equity offering of equity shares worth ₹25b, issuing 67,430,883 common shares at ₹370.75 per share, with a subsequent direct listing feature (Key Developments).
532900
₹50.30
Paisalo Digital
7D
7.7%
1Y
60.2%
CHOLAHLDNG
₹1,598.40
Cholamandalam Financial Holdings
7D
-3.6%
1Y
-11.9%
M&MFIN
₹299.55
Mahindra & Mahindra Financial Services
7D
-6.6%
1Y
17.0%
Narrative Update • May 10

M&MFIN: Dividend Timeline And Tweaked Assumptions Will Shape Balanced Outlook

Analysts have trimmed their price target on Mahindra & Mahindra Financial Services by about ₹12.55 to ₹348, reflecting updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E multiples. What's in the News Mahindra & Mahindra Financial Services declared an annual dividend of ₹7.50 per share, with payment scheduled for August 20, 2026, and an ex date and record date of July 13, 2026 (Key Developments).
531595
₹190.65
Capri Global Capital
7D
2.9%
1Y
20.2%
531213
₹324.10
Manappuram Finance
7D
5.3%
1Y
40.6%
Narrative Update • May 02

531213: Maintained Fair Value And Upcoming Borrowing Program Will Support Future Upside

Analysts have maintained their fair value estimate for Manappuram Finance at ₹355, citing only modest adjustments to discount rate, revenue growth and profit margin assumptions that do not materially change their overall price target view. What's in the News Board meeting scheduled on May 4, 2026 to consider and approve audited standalone and consolidated financial results for the year and quarter ended March 31, 2026, and to consider declaration of an interim dividend (company filing).
TATACAP
₹299.70
Tata Capital
7D
-2.7%
1Y
n/a
SUNDARMFIN
₹4,493.50
Sundaram Finance
7D
-2.5%
1Y
-14.8%
Analysis Article • Feb 05

Sundaram Finance's (NSE:SUNDARMFIN) Dividend Will Be ₹16.00

The board of Sundaram Finance Limited ( NSE:SUNDARMFIN ) has announced that it will pay a dividend of ₹16.00 per share...