Narrative Update • Aug 06

In the last week, the Diversified Financial industry is up 3.9%, with One97 Communications up 7.3%. Overall in the last year, the industry is flat. As for the next few years, earnings are expected to grow by 17% per annum.
Has the Indian Diversified Financial Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 08 Aug 2026 | ₹16.3t | ₹3.5t | ₹1.0t | 23.3x | 15.7x | 4.6x |
| Mon, 06 Jul 2026 | ₹16.0t | ₹3.4t | ₹1.0t | 25.7x | 15.7x | 4.7x |
| Wed, 03 Jun 2026 | ₹14.9t | ₹3.4t | ₹1.0t | 25.8x | 14.7x | 4.4x |
| Fri, 01 May 2026 | ₹15.6t | ₹3.4t | ₹963.1b | 23.3x | 16.2x | 4.6x |
| Sun, 29 Mar 2026 | ₹14.0t | ₹3.4t | ₹971.6b | 19.6x | 14.4x | 4.2x |
| Tue, 24 Feb 2026 | ₹16.1t | ₹3.4t | ₹973.1b | 21.1x | 16.5x | 4.8x |
| Thu, 22 Jan 2026 | ₹16.6t | ₹3.3t | ₹972.3b | 21.9x | 17x | 5x |
| Sat, 20 Dec 2025 | ₹17.1t | ₹3.3t | ₹967.8b | 22.7x | 17.6x | 5.2x |
| Mon, 17 Nov 2025 | ₹17.8t | ₹3.3t | ₹967.5b | 21.7x | 18.4x | 5.4x |
| Wed, 15 Oct 2025 | ₹18.3t | ₹3.3t | ₹985.6b | 25.1x | 18.6x | 5.6x |
| Fri, 12 Sep 2025 | ₹17.1t | ₹3.2t | ₹943.7b | 24.3x | 18.1x | 5.3x |
| Sun, 10 Aug 2025 | ₹16.8t | ₹3.2t | ₹944.8b | 26.7x | 17.8x | 5.2x |
| Tue, 08 Jul 2025 | ₹17.6t | ₹3.1t | ₹877.7b | 27.8x | 20x | 5.7x |
| Thu, 05 Jun 2025 | ₹17.0t | ₹3.1t | ₹878.2b | 28.8x | 19.4x | 5.5x |
| Sat, 03 May 2025 | ₹16.1t | ₹3.1t | ₹883.2b | 25.5x | 18.2x | 5.2x |
| Mon, 31 Mar 2025 | ₹15.8t | ₹3.0t | ₹874.5b | 24.4x | 18x | 5.2x |
| Wed, 26 Feb 2025 | ₹14.6t | ₹3.0t | ₹872.4b | 23.9x | 16.7x | 4.8x |
| Fri, 24 Jan 2025 | ₹15.6t | ₹3.0t | ₹837.8b | 26x | 18.6x | 5.3x |
| Sun, 22 Dec 2024 | ₹16.3t | ₹3.0t | ₹832.9b | 29.4x | 19.5x | 5.5x |
| Tue, 19 Nov 2024 | ₹16.0t | ₹3.0t | ₹833.5b | 26.1x | 19.2x | 5.4x |
| Thu, 17 Oct 2024 | ₹17.5t | ₹2.9t | ₹815.2b | 28.2x | 21.5x | 6.1x |
| Sat, 14 Sep 2024 | ₹17.1t | ₹2.8t | ₹796.1b | 27.7x | 21.5x | 6.1x |
| Mon, 12 Aug 2024 | ₹16.1t | ₹2.8t | ₹796.4b | 29.8x | 20.2x | 5.7x |
| Wed, 10 Jul 2024 | ₹17.0t | ₹2.7t | ₹776.6b | 31.1x | 21.9x | 6.4x |
| Fri, 07 Jun 2024 | ₹15.1t | ₹2.6t | ₹775.8b | 24x | 19.5x | 5.7x |
| Sun, 05 May 2024 | ₹15.3t | ₹2.7t | ₹747.9b | 24.6x | 20.5x | 5.8x |
| Tue, 02 Apr 2024 | ₹14.2t | ₹2.5t | ₹698.6b | 23.9x | 20.4x | 5.6x |
| Thu, 29 Feb 2024 | ₹13.9t | ₹2.5t | ₹698.7b | 26.7x | 19.9x | 5.5x |
| Sat, 27 Jan 2024 | ₹19.2t | ₹3.6t | ₹1.0t | 27.7x | 18.9x | 5.4x |
| Mon, 25 Dec 2023 | ₹17.4t | ₹3.5t | ₹981.0b | 24.3x | 17.7x | 4.9x |
| Wed, 22 Nov 2023 | ₹16.1t | ₹3.5t | ₹968.6b | 22.1x | 16.6x | 4.6x |
| Fri, 20 Oct 2023 | ₹15.8t | ₹3.4t | ₹909.5b | 27.4x | 17.3x | 4.7x |
| Sun, 17 Sep 2023 | ₹15.5t | ₹3.4t | ₹909.9b | 24.8x | 17x | 4.6x |
| Tue, 15 Aug 2023 | ₹13.2t | ₹3.4t | ₹910.3b | 25.5x | 14.5x | 3.9x |
14.5x
Which industries have driven the changes within the Indian Financials industry?
| IN Market | 1.27% | |
| Financials | -0.055% | |
| Diversified Financial | 0.45% | |
| Transaction and Payment Processing Services | 7.49% | |
| Specialized Finance | -0.05% | |
| Multi-Sector Holdings | -0.28% | |
| Other Diversified Financial Services | -0.31% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PAYTM One97 Communications | ₹1.44k | 7.3% +₹63.1b | 35.7% | PE142x | |
| PNBHOUSING PNB Housing Finance | ₹1.14k | 8.5% +₹23.4b | 48.3% | PE12.9x | |
| PINELABS Pine Labs | ₹154.44 | 11.1% +₹17.9b | n/a | PE140x | |
| PIRAMALFIN Piramal Finance | ₹2.11k | 2.6% +₹12.3b | n/a | PE28.3x | |
| HUDCO Housing and Urban Development | ₹201.04 | 3.0% +₹11.9b | -3.2% | PE9.5x |