Narrative Update • Jun 02
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Indian (NIFTY) Transaction and Payment Processing Services Industry Analysis
UpdatedJun 10, 2026
DataAggregated Company Financials
Companies8
- 7D1.7%
- 3M1.7%
- 1Y2.1%
- YTDn/a
Over the last 7 days, the Transaction and Payment Processing Services industry has dropped 3.8%, driven by AvenuesAI declining 1.0%. In contrast, Pine Labs has gained 6.7%. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are expected to grow by 36% per annum.
Industry Valuation and Performance
Has the Indian Transaction and Payment Processing Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 10 Jun 2026 | ₹962.2b | ₹226.1b | ₹7.7b | 69.9x | 125.4x | 4.3x |
| Fri, 08 May 2026 | ₹1.0t | ₹206.5b | -₹1,515,034,000.00 | 47x | -683.1x | 5x |
| Sun, 05 Apr 2026 | ₹910.9b | ₹206.5b | -₹1,515,034,000.00 | 44.3x | -601.2x | 4.4x |
| Tue, 03 Mar 2026 | ₹1.0t | ₹206.5b | -₹1,515,034,000.00 | 52.4x | -677.6x | 5x |
| Thu, 29 Jan 2026 | ₹1.1t | ₹187.5b | -₹7,604,606,000.00 | 32.4x | -147.6x | 6x |
| Sat, 27 Dec 2025 | ₹1.2t | ₹187.5b | -₹7,604,606,000.00 | 33x | -160.6x | 6.5x |
| Mon, 24 Nov 2025 | ₹1.2t | ₹185.6b | -₹8,332,616,000.00 | 35.9x | -144.7x | 6.5x |
| Wed, 22 Oct 2025 | ₹965.1b | ₹149.7b | ₹2.3b | 78x | 428.4x | 6.4x |
| Fri, 19 Sep 2025 | ₹903.6b | ₹149.7b | ₹2.3b | 67.3x | 401.1x | 6x |
| Sun, 17 Aug 2025 | ₹846.3b | ₹149.7b | ₹2.3b | 85.6x | 375.6x | 5.7x |
| Tue, 15 Jul 2025 | ₹735.3b | ₹141.2b | -₹6,833,548,000.00 | 49.8x | -107.6x | 5.2x |
| Thu, 12 Jun 2025 | ₹749.4b | ₹138.6b | -₹6,846,826,000.00 | 61.5x | -109.5x | 5.4x |
| Sat, 10 May 2025 | ₹641.0b | ₹134.5b | -₹6,258,927,000.00 | 62.3x | -102.4x | 4.8x |
| Mon, 07 Apr 2025 | ₹639.6b | ₹136.3b | -₹6,356,856,000.00 | 59.3x | -100.6x | 4.7x |
| Wed, 05 Mar 2025 | ₹558.6b | ₹136.3b | -₹6,356,856,000.00 | 57.2x | -87.9x | 4.1x |
| Fri, 31 Jan 2025 | ₹643.6b | ₹136.0b | -₹4,152,500,000.00 | 68.1x | -155x | 4.7x |
| Sun, 29 Dec 2024 | ₹835.9b | ₹145.3b | -₹4,184,170,000.00 | 85x | -199.8x | 5.8x |
| Tue, 26 Nov 2024 | ₹717.0b | ₹135.0b | -₹4,211,420,000.00 | 84.9x | -170.2x | 5.3x |
| Thu, 24 Oct 2024 | ₹621.9b | ₹133.0b | -₹4,988,878,000.00 | 59.9x | -124.7x | 4.7x |
| Sat, 21 Sep 2024 | ₹569.4b | ₹141.2b | -₹17,308,329,000.00 | 71.9x | -32.9x | 4x |
| Mon, 19 Aug 2024 | ₹521.2b | ₹141.2b | -₹17,308,329,000.00 | 42.8x | -30.1x | 3.7x |
| Wed, 17 Jul 2024 | ₹431.6b | ₹149.4b | -₹13,171,228,000.00 | 52.4x | -32.8x | 2.9x |
| Fri, 14 Jun 2024 | ₹392.1b | ₹149.4b | -₹13,171,228,000.00 | 55.5x | -29.8x | 2.6x |
| Sun, 12 May 2024 | ₹351.5b | ₹149.7b | -₹9,541,546,000.00 | 60x | -36.8x | 2.3x |
| Tue, 09 Apr 2024 | ₹403.2b | ₹149.5b | -₹9,603,410,000.00 | 69x | -42x | 2.7x |
| Thu, 07 Mar 2024 | ₹393.3b | ₹149.5b | -₹9,603,410,000.00 | 71.1x | -41x | 2.6x |
| Sat, 03 Feb 2024 | ₹453.5b | ₹150.0b | -₹9,282,920,000.00 | 72x | -48.8x | 3x |
| Mon, 01 Jan 2024 | ₹493.8b | ₹136.9b | -₹11,108,460,000.00 | 41.6x | -44.5x | 3.6x |
| Wed, 29 Nov 2023 | ₹649.2b | ₹136.9b | -₹11,108,460,000.00 | 39.7x | -58.4x | 4.7x |
| Fri, 27 Oct 2023 | ₹627.8b | ₹133.6b | -₹10,359,774,000.00 | 39.1x | -60.6x | 4.7x |
| Sun, 24 Sep 2023 | ₹604.5b | ₹127.6b | -₹13,165,774,000.00 | 40.3x | -45.9x | 4.7x |
| Tue, 22 Aug 2023 | ₹602.2b | ₹127.6b | -₹13,165,774,000.00 | 43.8x | -45.7x | 4.7x |
| Thu, 20 Jul 2023 | ₹589.5b | ₹118.0b | -₹15,888,831,000.00 | 34.4x | -37.1x | 5x |
| Sat, 17 Jun 2023 | ₹621.3b | ₹117.0b | -₹15,945,637,000.00 | 28.9x | -39x | 5.3x |
Price to Earnings Ratio
-39x
Current Industry PE
- Investors are optimistic on the Indian Transaction and Payment Processing Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 120x which is higher than its 3-year average PE of -80.3x.
- The 3-year average PS ratio of 4.6x is higher than the industry's current PS ratio of 4.1x.
Past Earnings Growth
- Total earnings for the Transaction and Payment Processing Services industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 25% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Indian Transaction and Payment Processing Services compare with similar industries?
| IN Market | -0.68% | |
| Financials | 1.17% | |
| Diversified Financial | 0.77% | |
| Transaction and Payment Processing Services | 1.72% | |
| Specialized Finance | 3.39% | |
| Multi-Sector Holdings | 0.28% | |
| Other Diversified Financial Services | -1.89% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PINELABS Pine Labs | ₹150.32 | 5.1% +₹8.4b | n/a | PE153.4x | |
| NPST Network People Services Technologies | ₹1.65k | 18.8% +₹5.4b | -23.4% | PE73.3x | |
| PAYTM One97 Communications | ₹1.07k | 0.3% +₹2.3b | 11.0% | PE123.4x | |
| MOS MOS Utility | ₹16.35 | 7.2% +₹274.3m | -40.5% | PE23.2x | |
| AGSTRA AGS Transact Technologies | ₹2.97 | 20.7% +₹65.3m | -40.4% | PS0.03x |
