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Indian (NIFTY) Clinical Research and Equipment Industry Analysis

UpdatedSep 01, 2026
DataAggregated Company Financials
Companies22
  • 7D7.3%
  • 3M30.8%
  • 1Y32.9%
  • YTDn/a

The Clinical Research and Equipment industry is up 7.3% in the last week, with Divi's Laboratories up 11%. This takes the industry's 12 month performance to a gain of 33%. Earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

Has the Indian Clinical Research and Equipment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 01 Sep 2026₹4.2t₹374.4b₹48.3b38.4x87.2x11.3x
Thu, 30 Jul 2026₹3.6t₹362.0b₹46.6b40.2x78.2x10.1x
Sat, 27 Jun 2026₹3.3t₹361.8b₹46.4b39x70.7x9.1x
Mon, 25 May 2026₹3.3t₹364.6b₹46.1b31.3x72.1x9.1x
Wed, 22 Apr 2026₹3.0t₹350.2b₹46.2b31.3x65.9x8.7x
Fri, 20 Mar 2026₹2.8t₹350.2b₹46.2b28.1x61.3x8.1x
Sun, 15 Feb 2026₹2.9t₹348.8b₹46.2b29.3x62.6x8.3x
Tue, 13 Jan 2026₹3.1t₹342.6b₹48.4b31.5x64x9x
Thu, 11 Dec 2025₹3.1t₹342.6b₹48.4b34x63.2x8.9x
Sat, 08 Nov 2025₹3.2t₹333.7b₹45.9b39.1x69.6x9.6x
Mon, 06 Oct 2025₹3.1t₹331.4b₹45.5b45.9x67.4x9.3x
Wed, 03 Sep 2025₹3.2t₹331.4b₹45.5b47.3x69.4x9.5x
Fri, 01 Aug 2025₹3.3t₹320.3b₹41.8b54.4x79.2x10.3x
Sun, 29 Jun 2025₹2.9t₹300.7b₹37.4b45.2x77.3x9.6x
Tue, 27 May 2025₹2.9t₹299.2b₹35.1b52.6x81.6x9.6x
Thu, 24 Apr 2025₹2.6t₹287.4b₹30.8b49.4x85.1x9.1x
Sat, 22 Mar 2025₹2.6t₹287.4b₹30.8b49.9x83.5x8.9x
Mon, 17 Feb 2025₹2.5t₹287.4b₹30.8b50.4x82.3x8.8x
Wed, 15 Jan 2025₹2.5t₹269.1b₹30.1b49.3x84.3x9.4x
Fri, 13 Dec 2024₹2.4t₹254.2b₹28.8b50.4x82.8x9.4x
Sun, 10 Nov 2024₹2.4t₹253.3b₹27.8b51.3x87.4x9.6x
Tue, 08 Oct 2024₹2.2t₹247.6b₹26.3b48.1x85.2x9x
Thu, 05 Sep 2024₹2.2t₹247.6b₹26.3b48.7x82.7x8.8x
Sat, 03 Aug 2024₹2.0t₹202.4b₹24.0b37.7x81.8x9.7x
Mon, 01 Jul 2024₹1.8t₹198.0b₹23.7b33.8x74.5x8.9x
Wed, 29 May 2024₹1.7t₹193.6b₹21.0b36.6x80.1x8.7x
Fri, 26 Apr 2024₹1.4t₹168.7b₹18.7b31.3x77.1x8.5x
Sun, 24 Mar 2024₹1.3t₹168.5b₹18.6b28.8x71.1x7.8x
Tue, 20 Feb 2024₹1.4t₹168.5b₹18.6b31.2x77.1x8.5x
Thu, 18 Jan 2024₹1.4t₹165.1b₹18.8b33.5x75x8.5x
Sat, 16 Dec 2023₹1.4t₹155.9b₹18.1b21.8x74.9x8.7x
Mon, 13 Nov 2023₹1.3t₹156.3b₹18.0b21.9x72.4x8.4x
Wed, 11 Oct 2023₹1.4t₹154.7b₹19.7b25.2x70.7x9x
Fri, 08 Sep 2023₹1.4t₹154.7b₹19.7b26.5x71.7x9.1x
Price to Earnings Ratio

71.7x


Total Market Cap: ₹1.4tTotal Earnings: ₹19.7bTotal Revenue: ₹154.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Clinical Research and Equipment Industry Price to Earnings3Y Average 75.1x202420252026
Current Industry PE
  • Investors are optimistic on the Indian Life Sciences Tools and Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 87.2x which is higher than its 3-year average PE of 75.1x.
  • The 3-year average PS ratio of 9.0x is lower than the industry's current PS ratio of 11.3x.
Past Earnings Growth
  • The earnings for companies in the Life Sciences Tools and Services industry have grown 35% per year over the last three years.
  • Revenues for these companies have grown 34% 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 Clinical Research and Equipment compare with similar industries?

IN Market-0.33%
Healthcare2.32%
Life Sciences7.31%
Clinical Research and Equipment7.31%
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
DIVISLAB Divi's Laboratories₹9.17k4.8%
+₹111.6b		49.7%PE83.2x
ANTHEM Anthem Biosciences₹924.505.7%
+₹28.0b		15.0%PE90.4x
SAILIFE Sai Life Sciences₹1.52k4.3%
+₹13.3b		83.9%PE89x
INDGN Indegene₹605.407.4%
+₹10.1b		10.9%PE36.4x
530239 Suven Life Sciences₹380.905.8%
+₹5.5b		75.8%PS1139.7x

Latest News

511509
₹18.30
Vivo Bio Tech
7D
-2.9%
1Y
-50.6%
538837
₹73.09
Jeevan Scientific Technology
7D
-2.9%
1Y
90.7%
INFLUX
₹292.55
Influx Healthtech
7D
-2.9%
1Y
60.2%
AKUMS
₹779.05
Akums Drugs and Pharmaceuticals
7D
4.6%
1Y
64.8%
Narrative Update • Aug 25

AKUMS: Higher Future P/E Assumptions Will Support A Stronger Upside Narrative

Analysts have lifted their fair value estimate for Akums Drugs and Pharmaceuticals from ₹610 to ₹850, reflecting updated assumptions around the discount rate, revenue growth, profit margin and future P/E. What’s in the News for Akums Drugs and Pharmaceuticals Akums Drugs and Pharmaceuticals has scheduled a board meeting on Aug 08, 2026 at 13:30 Indian Standard Time to consider and approve the unaudited standalone and consolidated financial results for the quarter ended Jun 30, 2026.
SAILIFE
₹1,518.10
Sai Life Sciences
7D
4.3%
1Y
83.9%
Narrative Update • Aug 24

SAILIFE: Upcoming Board Results And Revised Assumptions Will Guide Measured Outlook

Analysts have raised their price target for Sai Life Sciences from ₹1,369.17 to ₹1,552.67, citing updated assumptions for revenue growth, profit margin and future P/E as the key drivers of this revision. What's in the News for Sai Life Sciences Sai Life Sciences has scheduled a Board Meeting for 6 Aug 2026 to review and approve its unaudited standalone and consolidated financial results.
DIVISLAB
₹9,165.00
Divi's Laboratories
7D
4.8%
1Y
49.7%
Narrative Update • Aug 20

DIVISLAB: Upcoming June Quarter Results Will Support Bullish Outlook

Analysts have adjusted their price target on Divi's Laboratories from about ₹8,795 to about ₹10,953, reflecting updated views on its fair value, discount rate, revenue growth and profit margin assumptions, as well as the P/E they apply to the stock. What’s in the News for Divi's Laboratories Divi's Laboratories has scheduled a Board meeting on August 1, 2026.
INNOVACAP
₹1,068.10
Innova Captab
7D
2.7%
1Y
16.1%
Analysis Article • Aug 15

Earnings Beat: Innova Captab Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Innova Captab Limited ( NSE:INNOVACAP ) investors will be delighted, with the company turning in some strong numbers...
526853
₹88.29
Bilcare
7D
-7.9%
1Y
26.8%
SYNGENE
₹402.05
Syngene International
7D
-1.1%
1Y
-36.7%
Narrative Update • Aug 14

SYNGENE: Earnings Guidance And Margin Outlook Will Pressure Future Returns

Analysts have trimmed their price target for Syngene International from ₹410 to ₹340, citing updated assumptions on revenue growth, profit margins, and a lower future P/E multiple in their valuation work. What’s in the News for Syngene International Syngene International issued earnings guidance for fiscal 2027, indicating an expected single digit decline in revenue in rupee terms and EBITDA margins in the mid 20% range.
TARSONS
₹344.10
Tarsons Products
7D
-0.4%
1Y
8.2%
530239
₹380.90
Suven Life Sciences
7D
5.8%
1Y
75.8%
INDGN
₹605.40
Indegene
7D
7.4%
1Y
10.9%
Analysis Article • Aug 03

Indegene Limited (NSE:INDGN) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

It's been a good week for Indegene Limited ( NSE:INDGN ) shareholders, because the company has just released its latest...
ANTHEM
₹924.50
Anthem Biosciences
7D
5.7%
1Y
15.0%
New Narrative • Jul 28

Capacity Expansion And Modalities Shift Will Support Stronger Long-Term Earnings Visibility

Catalysts About Anthem Biosciences Anthem Biosciences is a contract research, development and manufacturing organization with a large focus on CRDMO services and specialty ingredients across small molecules, peptides, fermentation and related modalities. What are the underlying business or industry changes driving this perspective?
FABTECH
₹147.60
Fabtech Technologies
7D
-0.01%
1Y
n/a
524394
₹661.35
Vimta Labs
7D
5.7%
1Y
-13.3%