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Indian (NIFTY) Clinical Research and Equipment Industry Analysis

UpdatedAug 20, 2026
DataAggregated Company Financials
Companies22
  • 7D-0.5%
  • 3M17.9%
  • 1Y22.5%
  • YTDn/a

The Clinical Research and Equipment industry has stayed flat over the last week. As for the the longer term, the industry is up 23% over the past 12 months. 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
Thu, 20 Aug 2026₹3.9t₹373.9b₹48.2b39.1x81.4x10.5x
Sat, 18 Jul 2026₹3.5t₹361.8b₹46.4b40.6x74.9x9.6x
Mon, 15 Jun 2026₹3.3t₹361.7b₹46.4b38.8x70.8x9.1x
Wed, 13 May 2026₹3.3t₹354.7b₹45.7b35.4x71.5x9.2x
Fri, 10 Apr 2026₹2.9t₹350.2b₹46.2b29.4x62.4x8.2x
Sun, 08 Mar 2026₹3.0t₹350.2b₹46.2b28.9x63.9x8.4x
Tue, 03 Feb 2026₹2.8t₹344.9b₹46.4b27.8x59.8x8x
Thu, 01 Jan 2026₹3.1t₹342.6b₹48.4b33.1x64.5x9.1x
Sat, 29 Nov 2025₹3.1t₹342.6b₹48.4b33x64x9x
Mon, 27 Oct 2025₹3.2t₹331.4b₹45.5b42.7x71.2x9.8x
Wed, 24 Sep 2025₹3.2t₹331.4b₹45.5b46.5x69.6x9.6x
Fri, 22 Aug 2025₹3.2t₹331.4b₹45.5b44.1x70.2x9.6x
Sun, 20 Jul 2025₹3.2t₹319.5b₹41.7b52.7x76.9x10x
Tue, 17 Jun 2025₹2.9t₹299.7b₹37.2b46.7x78.1x9.7x
Thu, 15 May 2025₹2.7t₹294.6b₹32.6b47.7x82x9.1x
Sat, 12 Apr 2025₹2.5t₹287.4b₹30.8b43.3x80.3x8.6x
Mon, 10 Mar 2025₹2.4t₹287.4b₹30.8b47.8x79.5x8.5x
Wed, 05 Feb 2025₹2.7t₹286.2b₹31.2b48.3x85.7x9.3x
Fri, 03 Jan 2025₹2.6t₹269.1b₹30.1b54.1x86.9x9.7x
Sun, 01 Dec 2024₹2.5t₹254.2b₹28.8b49.4x86.3x9.8x
Tue, 29 Oct 2024₹2.4t₹247.4b₹26.2b51.1x90.4x9.6x
Thu, 26 Sep 2024₹2.3t₹247.6b₹26.3b49.6x86x9.1x
Sat, 24 Aug 2024₹2.1t₹247.1b₹23.8b38.2x87.9x8.5x
Mon, 22 Jul 2024₹1.8t₹201.9b₹23.9b37.7x74.6x8.8x
Wed, 19 Jun 2024₹1.8t₹194.5b₹21.5b33.9x81.7x9x
Fri, 17 May 2024₹1.6t₹193.9b₹21.6b33.8x73.4x8.2x
Sun, 14 Apr 2024₹1.4t₹168.5b₹18.6b29.5x77.5x8.6x
Tue, 12 Mar 2024₹1.4t₹168.5b₹18.6b30.4x73.6x8.1x
Thu, 08 Feb 2024₹1.4t₹166.6b₹19.0b33.8x75.6x8.6x
Sat, 06 Jan 2024₹1.5t₹155.9b₹18.1b23.8x80.8x9.4x
Mon, 04 Dec 2023₹1.4t₹155.9b₹18.1b22.3x77.3x9x
Wed, 01 Nov 2023₹1.3t₹156.1b₹19.8b21x63.4x8.1x
Fri, 29 Sep 2023₹1.4t₹154.7b₹19.7b26.1x70.4x9x
Sun, 27 Aug 2023₹1.4t₹154.7b₹19.7b27.6x69.2x8.8x
Price to Earnings Ratio

69.2x


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 74.9x202420252026
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 81.4x which is higher than its 3-year average PE of 74.9x.
  • The 3-year average PS ratio of 9.0x is lower than the industry's current PS ratio of 10.5x.
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-1.00%
Healthcare-0.69%
Life Sciences-0.55%
Clinical Research and Equipment-0.55%
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₹8.57k0.8%
+₹18.6b		42.2%PE77.8x
530239 Suven Life Sciences₹374.4514.7%
+₹12.6b		60.8%PS1120.4x
SAILIFE Sai Life Sciences₹1.47k1.4%
+₹4.3b		59.1%PE86.3x
INNOVACAP Innova Captab₹1.08k3.5%
+₹2.1b		20.4%PE40.3x
TARSONS Tarsons Products₹337.307.9%
+₹1.3b		2.8%PE161.8x

Latest News

DCAL
₹172.41
Dishman Carbogen Amcis
7D
-13.1%
1Y
-36.1%
INNOVACAP
₹1,084.20
Innova Captab
7D
3.5%
1Y
20.4%
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
₹96.33
Bilcare
7D
49.9%
1Y
44.4%
538837
₹74.18
Jeevan Scientific Technology
7D
-11.0%
1Y
85.0%
SYNGENE
₹395.50
Syngene International
7D
-1.4%
1Y
-40.8%
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
₹337.30
Tarsons Products
7D
7.9%
1Y
2.8%
WINDLAS
₹988.20
Windlas Biotech
7D
4.1%
1Y
-2.3%
SAILIFE
₹1,471.60
Sai Life Sciences
7D
1.4%
1Y
59.1%
Narrative Update • Aug 10

SAILIFE: Upcoming Board Review And Updated Assumptions Will Shape Measured Outlook

Analysts have lifted their price target on Sai Life Sciences from ₹1,275 to about ₹1,369, citing updated assumptions around revenue growth, discount rate, profit margin and future P/E that feed into their fair value models. What’s in the News for Sai Life Sciences Sai Life Sciences has scheduled a board meeting for August 6, 2026.
DIVISLAB
₹8,570.00
Divi's Laboratories
7D
0.8%
1Y
42.2%
Narrative Update • Aug 06

DIVISLAB: Elevated Future P/E Will Continue To Signal Overvaluation Risk

Analysts have nudged their fair value estimate for Divi's Laboratories higher from ₹5,610 to ₹6,000, citing a slightly lower discount rate, modestly adjusted revenue growth assumptions, and a small improvement in expected profit margins and future P/E levels. What's in the News for Divi's Laboratories Board meeting scheduled on May 23, 2026, to consider and approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.
544184
₹128.00
Borosil Scientific
7D
-5.4%
1Y
-9.4%
530239
₹374.45
Suven Life Sciences
7D
14.7%
1Y
60.8%
INDGN
₹566.70
Indegene
7D
-0.5%
1Y
-1.1%
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...
ONESOURCE
₹1,534.50
OneSource Specialty Pharma
7D
-2.3%
1Y
-16.6%
Analysis Article • Jul 29

Analysts Are Updating Their OneSource Specialty Pharma Limited (NSE:ONESOURCE) Estimates After Its First-Quarter Results

It's been a good week for OneSource Specialty Pharma Limited ( NSE:ONESOURCE ) shareholders, because the company has...
ANTHEM
₹874.50
Anthem Biosciences
7D
-0.05%
1Y
3.3%
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?
524394
₹639.30
Vimta Labs
7D
1.1%
1Y
-10.0%
INFLUX
₹288.55
Influx Healthtech
7D
-2.4%
1Y
82.7%