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Indian (NIFTY) Consumer Finance Industry Analysis

UpdatedJun 23, 2026
DataAggregated Company Financials
Companies102
  • 7D2.2%
  • 3M11.8%
  • 1Y10.0%
  • YTDn/a

In the last week, the Consumer Finance industry is up 5.9%, with Bajaj Finance up 2.8%. This means that the industry has gained 10% over the past year. 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, 23 Jun 2026₹17.6t₹2.1t₹729.4b20.9x24.2x8.3x
Thu, 21 May 2026₹16.7t₹2.2t₹732.4b20x22.7x7.7x
Sat, 18 Apr 2026₹17.2t₹2.0t₹662.2b19.4x25.9x8.6x
Mon, 16 Mar 2026₹15.8t₹2.0t₹659.9b16.6x24x8x
Wed, 11 Feb 2026₹17.7t₹1.9t₹642.4b23x27.6x9.1x
Fri, 09 Jan 2026₹17.0t₹1.8t₹599.1b24.7x28.4x9.6x
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
Price to Earnings Ratio

24.7x


Total Market Cap: ₹9.5tTotal 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 Comparison

How does Indian Consumer Finance compare with similar industries?

IN Market2.13%
Financials2.32%
Consumer Finance2.24%
Consumer Finance2.24%
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
TATACAP Tata Capital₹352.453.9%
+₹56.3b		n/aPE30.4x
511243 Cholamandalam Investment and Finance₹1.72k2.6%
+₹37.9b		7.8%PE28.1x
POONAWALLA Poonawalla Fincorp₹425.905.6%
+₹19.8b		-4.1%PE69.2x
HDBFS HDB Financial Services₹733.253.3%
+₹19.7b		n/aPE23.9x
BAJFINANCE Bajaj Finance₹962.400.3%
+₹17.1b		5.0%PE31.4x

Latest News

BAJFINANCE
₹962.40
Bajaj Finance
7D
0.3%
1Y
5.0%
SBICARD
₹607.20
SBI Cards and Payment Services
7D
-2.3%
1Y
-38.2%
511218
₹993.10
Shriram Finance
7D
-1.3%
1Y
47.0%
SBFC
₹89.68
SBFC Finance
7D
-3.9%
1Y
-16.6%
511243
₹1,723.95
Cholamandalam Investment and Finance
7D
2.6%
1Y
7.8%
FIVESTAR
₹495.80
Five-Star Business Finance
7D
6.7%
1Y
-33.6%
CREDITACC
₹1,370.80
CreditAccess Grameen
7D
-2.6%
1Y
18.0%
Narrative Update • Jun 17

CREDITACC: Mortgage Expansion Plans Will Support Bullish Stock Re Rating

Analysts have lifted the CreditAccess Grameen price target from ₹1,492 to ₹1,708, reflecting updated assumptions on fair value, a slightly lower discount rate, modestly revised revenue growth and profit margin inputs, and a marginally higher future P/E multiple. What's in the News for CreditAccess Grameen CreditAccess Grameen has scheduled a board meeting on May 8, 2026, to consider and approve the audited financial statements and results for the quarter and financial year ended March 31, 2026.
TATACAP
₹352.45
Tata Capital
7D
3.9%
1Y
n/a
POONAWALLA
₹425.90
Poonawalla Fincorp
7D
5.6%
1Y
-4.1%
Narrative Update • Jun 11

POONAWALLA: Equity Raise And Rich P E Will Shape Fairly Balanced Outlook

Analysts have raised their price target on Poonawalla Fincorp from ₹350 to ₹360, citing updated assumptions around discount rate, revenue growth, profit margin and future P/E that slightly adjust their valuation framework. What's in the News Poonawalla Fincorp has completed a follow-on equity offering of equity shares worth ₹25b, with 67,430,883 common shares offered at ₹370.75, described as a subsequent direct listing.
HDBFS
₹733.25
HDB Financial Services
7D
3.3%
1Y
n/a
M&MFIN
₹291.25
Mahindra & Mahindra Financial Services
7D
-2.2%
1Y
8.3%
Narrative Update • Jun 10

M&MFIN: Dividend Schedule And Marginal Assumption Tweaks Will Support Bullish Outlook

Analysts have made a marginal adjustment to the price target for Mahindra & Mahindra Financial Services, trimming it by about ₹0.30 as they refresh assumptions around discount rates, revenue growth, profit margins and future P/E expectations. What's in the News Mahindra & Mahindra Financial Services declared an annual dividend of ₹7.50 per share, scheduled to be paid on August 20, 2026, with an ex-date and record date of July 13, 2026.
LTF
₹286.35
L&T Finance
7D
-2.7%
1Y
43.1%
Narrative Update • Jun 08

LTF: Capital Structure Moves And Profitability Outlook Will Support Re Rating

Analysts have kept the L&T Finance price target unchanged at ₹375, indicating slightly adjusted assumptions around discount rate, revenue growth, profit margin and forward P/E to reflect their latest outlook on the business profile and risk pricing. What's in the News L&T Finance Limited proposed an amendment to the authorised preference share capital in the Memorandum of Association of the company.
MUTHOOTFIN
₹3,119.60
Muthoot Finance
7D
-1.5%
1Y
21.6%
Narrative Update • Jun 05

MUTHOOTFIN: Interim Dividend And Insurance Agency Expansion Will Support Long Term Upside

Analysts have reduced their fair value estimate for Muthoot Finance from ₹4,042.24 to ₹3,859.38 after updating assumptions related to revenue growth, profit margins, the discount rate and future P/E expectations. What's in the News A board meeting is scheduled for May 14, 2026 to consider and approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, along with the audit report with unmodified opinion for the year.
SUNDARMFIN
₹4,493.70
Sundaram Finance
7D
0.6%
1Y
-8.3%
KISSHT
₹285.30
OnEMI Technology Solutions
7D
6.1%
1Y
n/a
FEDFINA
₹151.45
Fedbank Financial Services
7D
-7.1%
1Y
28.2%
New Narrative • May 01

Gold Loan Scale Up And Secured Portfolio Shift Will Drive Long Term Upside

Catalysts About Fedbank Financial Services Fedbank Financial Services is a retail focused non-bank lender with a secured loan portfolio centered on gold loans and loan against property products across India. What are the underlying business or industry changes driving this perspective?