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Jul 12
Indian (NIFTY) Diversified Financial Industry Analysis
UpdatedJul 15, 2024
DataAggregated Company Financials
Companies172
- 7D4.6%
- 3M23.0%
- 1Y79.2%
- YTD37.2%
Over the last 7 days, the Diversified Financial industry has risen 4.6%, driven by gains from Indian Railway Finance of 16%. This means that the industry has gained 79% over the past year. As for the next few years, earnings are expected to grow by 16% per annum.
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 |
|---|---|---|---|---|---|---|
| Mon, 15 Jul 2024 | ₹17.6t | ₹2.7t | ₹777.6b | 31x | 22.6x | 6.6x |
| Wed, 12 Jun 2024 | ₹15.5t | ₹2.6t | ₹776.7b | 26.1x | 20x | 5.9x |
| Fri, 10 May 2024 | ₹14.3t | ₹2.6t | ₹753.3b | 24.4x | 19x | 5.5x |
| Sun, 07 Apr 2024 | ₹14.7t | ₹2.5t | ₹698.6b | 24.6x | 21.1x | 5.9x |
| Tue, 05 Mar 2024 | ₹14.4t | ₹2.5t | ₹698.7b | 26x | 20.5x | 5.7x |
| Thu, 01 Feb 2024 | ₹19.7t | ₹3.7t | ₹967.3b | 28.6x | 20.4x | 5.4x |
| Sat, 30 Dec 2023 | ₹17.5t | ₹3.6t | ₹984.5b | 25.8x | 17.8x | 4.9x |
| Mon, 27 Nov 2023 | ₹16.1t | ₹3.5t | ₹968.6b | 22.7x | 16.6x | 4.6x |
| Wed, 25 Oct 2023 | ₹15.4t | ₹3.4t | ₹916.1b | 27.1x | 16.8x | 4.5x |
| Fri, 22 Sep 2023 | ₹15.3t | ₹3.4t | ₹909.9b | 24.6x | 16.8x | 4.5x |
| Sun, 20 Aug 2023 | ₹13.3t | ₹3.4t | ₹911.8b | 24.9x | 14.5x | 3.9x |
| Tue, 18 Jul 2023 | ₹12.9t | ₹3.3t | ₹947.6b | 26x | 13.6x | 4x |
| Thu, 15 Jun 2023 | ₹12.2t | ₹3.3t | ₹947.5b | 24.5x | 12.8x | 3.7x |
| Sat, 13 May 2023 | ₹11.8t | ₹3.3t | ₹930.0b | 21.5x | 12.7x | 3.6x |
| Mon, 10 Apr 2023 | ₹11.2t | ₹3.2t | ₹905.6b | 20.1x | 12.3x | 3.5x |
| Wed, 08 Mar 2023 | ₹9.9t | ₹2.8t | ₹845.5b | 20.7x | 11.7x | 3.5x |
| Fri, 03 Feb 2023 | ₹9.5t | ₹2.7t | ₹770.6b | 21.4x | 12.4x | 3.5x |
| Sun, 01 Jan 2023 | ₹10.1t | ₹2.7t | ₹781.3b | 19.7x | 12.9x | 3.7x |
| Tue, 29 Nov 2022 | ₹10.4t | ₹2.8t | ₹786.3b | 20.1x | 13.2x | 3.8x |
| Thu, 27 Oct 2022 | ₹9.3t | ₹2.7t | ₹699.7b | 17.6x | 13.3x | 3.5x |
| Sat, 24 Sep 2022 | ₹9.5t | ₹2.6t | ₹692.3b | 18.7x | 13.7x | 3.6x |
| Mon, 22 Aug 2022 | ₹9.7t | ₹2.6t | ₹692.3b | 19.2x | 14x | 3.7x |
| Wed, 20 Jul 2022 | ₹4.2t | ₹1.6t | ₹444.4b | 20.6x | 9.4x | 2.6x |
| Fri, 17 Jun 2022 | ₹4.2t | ₹1.7t | ₹454.6b | 19.9x | 9.2x | 2.5x |
| Sun, 15 May 2022 | ₹4.5t | ₹1.7t | ₹458.7b | 20.8x | 9.8x | 2.6x |
| Tue, 12 Apr 2022 | ₹5.6t | ₹1.7t | ₹451.8b | 19.9x | 12.3x | 3.3x |
| Thu, 10 Mar 2022 | ₹4.9t | ₹1.7t | ₹451.8b | 16.1x | 10.9x | 2.9x |
| Sat, 05 Feb 2022 | ₹5.5t | ₹1.6t | ₹403.6b | 19.1x | 13.6x | 3.3x |
| Mon, 03 Jan 2022 | ₹5.5t | ₹1.6t | ₹404.6b | 19.5x | 13.7x | 3.4x |
| Wed, 01 Dec 2021 | ₹5.5t | ₹1.6t | ₹404.6b | 17.7x | 13.7x | 3.4x |
| Fri, 29 Oct 2021 | ₹5.7t | ₹1.6t | ₹388.4b | 18.7x | 14.8x | 3.7x |
| Sun, 26 Sep 2021 | ₹5.9t | ₹1.6t | ₹388.4b | 15.1x | 15.2x | 3.8x |
| Tue, 24 Aug 2021 | ₹5.3t | ₹1.6t | ₹389.8b | 15.6x | 13.7x | 3.4x |
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 22.6x which is higher than its 3-year average PE of 14.5x.
- The 3-year average PS ratio of 4.0x is lower than the industry's current PS ratio of 6.6x.
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 | 0.48% | |
| Financials | 0.56% | |
| Diversified Financial | 4.59% | |
| Specialized Finance | 10.27% | |
| Transaction and Payment Processing Services | 5.77% | |
| Multi-Sector Holdings | 2.67% | |
| Other Diversified Financial Services | -0.60% | |
Industry PE
- Investors are most optimistic about the Other Diversified Financial Services industry which is trading above its 3-year average PE ratio of 32.8x.
- 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 60% 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 9.0% 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 | ₹216.32 | 7.1% +₹186.9b | 565.6% | PE44.1x | |
| IREDA Indian Renewable Energy Development Agency | ₹289.65 | 17.6% +₹116.3b | n/a | PE58x | |
| RECLTD REC | ₹633.75 | 4.3% +₹68.9b | 293.1% | PE11.8x | |
| BAJAJFINSV Bajaj Finserv | ₹1.60k | 2.0% +₹51.2b | -0.5% | PE31.3x | |
| JIOFIN Jio Financial Services | ₹355.40 | 2.0% +₹45.1b | n/a | PE140.7x |