Indian Railway Finance Corporation Limited (NSE:IRFC) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected
May 22
Indian (NIFTY) Diversified Financial Industry Analysis
UpdatedJul 06, 2024
DataAggregated Company Financials
Companies172
- 7D5.2%
- 3M12.5%
- 1Y73.2%
- YTD31.1%
The Diversified Financial industry has gained 5.2% in the last week and Indian Railway Finance up 8.3%. This means that the industry has gained 73% over the past year. Looking forward, earnings are forecast to grow by 16% annually.
Industry Valuation and Performance
Has the Indian Diversified Financial Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 06 Jul 2024 | ₹16.8t | ₹2.7t | ₹776.5b | 30.8x | 21.6x | 6.3x |
| Mon, 03 Jun 2024 | ₹15.3t | ₹2.6t | ₹776.1b | 24.2x | 19.7x | 5.8x |
| Wed, 01 May 2024 | ₹15.1t | ₹2.6t | ₹733.1b | 24.6x | 20.5x | 5.7x |
| Fri, 29 Mar 2024 | ₹13.9t | ₹2.5t | ₹698.6b | 24x | 19.9x | 5.5x |
| Sun, 25 Feb 2024 | ₹14.5t | ₹2.5t | ₹698.7b | 26.1x | 20.7x | 5.7x |
| Tue, 23 Jan 2024 | ₹19.2t | ₹3.6t | ₹988.8b | 29.5x | 19.4x | 5.4x |
| Thu, 21 Dec 2023 | ₹17.2t | ₹3.5t | ₹981.0b | 25.4x | 17.5x | 4.8x |
| Sat, 18 Nov 2023 | ₹16.1t | ₹3.5t | ₹968.3b | 24.3x | 16.6x | 4.6x |
| Mon, 16 Oct 2023 | ₹15.8t | ₹3.4t | ₹909.9b | 23.9x | 17.4x | 4.7x |
| Wed, 13 Sep 2023 | ₹15.5t | ₹3.4t | ₹909.9b | 25.4x | 17x | 4.6x |
| Fri, 11 Aug 2023 | ₹13.3t | ₹3.4t | ₹902.5b | 24.2x | 14.7x | 4x |
| Sun, 09 Jul 2023 | ₹12.9t | ₹3.2t | ₹947.6b | 25.8x | 13.6x | 4x |
| Tue, 06 Jun 2023 | ₹11.9t | ₹3.3t | ₹947.5b | 23.6x | 12.6x | 3.7x |
| Thu, 04 May 2023 | ₹11.7t | ₹3.2t | ₹914.9b | 20.5x | 12.8x | 3.7x |
| Sat, 01 Apr 2023 | ₹10.8t | ₹3.2t | ₹905.6b | 19.6x | 12x | 3.4x |
| Mon, 27 Feb 2023 | ₹9.6t | ₹2.9t | ₹846.0b | 21x | 11.3x | 3.4x |
| Wed, 25 Jan 2023 | ₹10.0t | ₹2.7t | ₹761.3b | 21.8x | 13.1x | 3.7x |
| Fri, 23 Dec 2022 | ₹10.0t | ₹2.7t | ₹781.3b | 19.8x | 12.8x | 3.7x |
| Sun, 20 Nov 2022 | ₹10.1t | ₹2.7t | ₹781.5b | 19.6x | 12.9x | 3.7x |
| Tue, 18 Oct 2022 | ₹9.3t | ₹2.6t | ₹692.3b | 18.8x | 13.5x | 3.5x |
| Thu, 15 Sep 2022 | ₹9.9t | ₹2.6t | ₹692.5b | 19.5x | 14.4x | 3.8x |
| Sat, 13 Aug 2022 | ₹9.5t | ₹2.6t | ₹690.0b | 22.1x | 13.8x | 3.6x |
| Mon, 11 Jul 2022 | ₹4.2t | ₹1.6t | ₹444.4b | 20.6x | 9.6x | 2.7x |
| Wed, 08 Jun 2022 | ₹4.5t | ₹1.7t | ₹454.7b | 20.4x | 9.9x | 2.6x |
| Fri, 06 May 2022 | ₹4.9t | ₹1.7t | ₹455.8b | 20.5x | 10.7x | 2.9x |
| Sun, 03 Apr 2022 | ₹5.5t | ₹1.7t | ₹451.8b | 19.6x | 12.1x | 3.2x |
| Tue, 01 Mar 2022 | ₹5.1t | ₹1.7t | ₹451.8b | 16.8x | 11.4x | 3x |
| Thu, 27 Jan 2022 | ₹5.3t | ₹1.6t | ₹403.6b | 20.8x | 13.1x | 3.2x |
| Sat, 25 Dec 2021 | ₹5.4t | ₹1.6t | ₹404.6b | 18.8x | 13.3x | 3.3x |
| Mon, 22 Nov 2021 | ₹5.7t | ₹1.6t | ₹404.0b | 17.7x | 14.1x | 3.5x |
| Wed, 20 Oct 2021 | ₹6.1t | ₹1.6t | ₹388.8b | 18.6x | 15.6x | 3.8x |
| Fri, 17 Sep 2021 | ₹5.5t | ₹1.6t | ₹388.5b | 15.3x | 14.3x | 3.5x |
| Sun, 15 Aug 2021 | ₹5.1t | ₹1.6t | ₹389.8b | 13.5x | 13.2x | 3.3x |
Price to Earnings Ratio
13x
Current Industry PE
- Investors are optimistic on the Indian Diversified Financial industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 21.6x which is higher than its 3-year average PE of 14.5x.
- The 3-year average PS ratio of 3.9x is lower than the industry's current PS ratio of 6.3x.
Past Earnings Growth
- The earnings for companies in the Diversified Financial industry have grown 26% 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 Trends
Which industries have driven the changes within the Indian Financials industry?
| IN Market | 2.42% | |
| Financials | 1.59% | |
| Diversified Financial | 5.24% | |
| Multi-Sector Holdings | 12.98% | |
| Specialized Finance | 10.15% | |
| Transaction and Payment Processing Services | 5.64% | |
| Other Diversified Financial Services | -0.56% | |
Industry PE
- Investors are most optimistic about the Other Diversified Financial Services industry which is trading above its 3-year average PE ratio of 32.7x.
- Analysts are expecting annual earnings growth of 20.1%, which is lower than the prior year's growth of 62.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Transaction and Payment Processing Services industry, expecting annual earnings growth of 52% over the next 5 years.
- However this is lower than its past earnings growth rate of 98% per year.
- In contrast, the Specialized Finance industry is expected to see its earnings grow by 9.1% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| IRFC Indian Railway Finance | ₹188.23 | 8.3% +₹188.4b | 468.7% | PE38.4x | |
| PFC Power Finance | ₹534.25 | 10.1% +₹162.2b | 201.8% | PE8.9x | |
| RECLTD REC | ₹580.45 | 10.5% +₹145.0b | 249.9% | PE10.8x | |
| 500490 Bajaj Holdings & Investment | ₹9.64k | 13.0% +₹123.5b | 34.8% | PE14.8x | |
| IREDA Indian Renewable Energy Development Agency | ₹228.84 | 20.2% +₹103.2b | n/a | PE49.1x |