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Indian (NIFTY) Industrials Sector Analysis

UpdatedApr 15, 2025
DataAggregated Company Financials
Companies991
  • 7D3.3%
  • 3M-10.8%
  • 1Y-6.6%
  • YTD-18.4%

Over the last 7 days, the Industrials industry has risen 3.3%, and Adani Ports and Special Economic Zone contributed the most with a gain of 7.0%. Meanwhile, Quess actually underperformed within the industry, shrinking 53% in the last week. In contrast, the industry has lost 6.6% in the last 12 months. As for the next few years, earnings are expected to grow by 21% per annum.

Sector Valuation and Performance

Has the Indian Industrials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 15 Apr 2025₹47.4t₹16.1t₹1.4t26.7x34.1x2.9x
Thu, 13 Mar 2025₹46.7t₹16.1t₹1.4t26.2x33.6x2.9x
Sat, 08 Feb 2025₹51.0t₹16.0t₹1.4t31.6x37.1x3.2x
Mon, 06 Jan 2025₹59.3t₹16.3t₹1.4t37.1x43.6x3.6x
Wed, 04 Dec 2024₹60.3t₹16.3t₹1.4t35.5x44.5x3.7x
Fri, 01 Nov 2024₹57.9t₹15.9t₹1.3t35.1x43.9x3.6x
Sun, 29 Sep 2024₹60.6t₹14.8t₹1.2t37.6x50.3x4.1x
Tue, 27 Aug 2024₹60.4t₹14.8t₹1.2t37.4x50.5x4.1x
Thu, 25 Jul 2024₹61.3t₹15.0t₹1.2t36.8x51.1x4.1x
Sat, 22 Jun 2024₹61.0t₹15.0t₹1.2t35.4x51x4.1x
Mon, 20 May 2024₹54.7t₹14.1t₹1.1t35.8x51x3.9x
Wed, 17 Apr 2024₹48.7t₹13.8t₹1.0t32.9x47x3.5x
Fri, 15 Mar 2024₹44.6t₹13.8t₹1.0t29.9x43.2x3.2x
Sun, 11 Feb 2024₹45.0t₹13.7t₹1.0t33.6x44x3.3x
Tue, 09 Jan 2024₹42.9t₹13.5t₹964.9b33x44.5x3.2x
Thu, 07 Dec 2023₹40.1t₹13.4t₹959.4b30.2x41.8x3x
Sat, 04 Nov 2023₹35.0t₹13.2t₹937.7b30.3x37.3x2.6x
Mon, 02 Oct 2023₹35.6t₹13.2t₹924.6b29.1x38.5x2.7x
Wed, 30 Aug 2023₹34.6t₹13.1t₹918.2b28.7x37.7x2.6x
Fri, 28 Jul 2023₹32.8t₹13.0t₹878.5b28.8x37.3x2.5x
Sun, 25 Jun 2023₹30.2t₹12.8t₹882.1b26.5x34.3x2.4x
Tue, 23 May 2023₹27.6t₹12.7t₹829.8b24.8x33.2x2.2x
Thu, 20 Apr 2023₹26.0t₹12.4t₹798.0b23x32.6x2.1x
Sat, 18 Mar 2023₹25.2t₹12.2t₹781.8b21.1x32.2x2.1x
Mon, 13 Feb 2023₹25.1t₹12.1t₹767.5b23.3x32.7x2.1x
Wed, 11 Jan 2023₹27.3t₹11.8t₹742.5b23.9x36.8x2.3x
Fri, 09 Dec 2022₹28.7t₹11.7t₹733.4b24.4x39.1x2.5x
Sun, 06 Nov 2022₹27.7t₹11.1t₹665.3b23.9x41.6x2.5x
Tue, 04 Oct 2022₹25.6t₹11.0t₹653.3b23.4x39.2x2.3x
Thu, 01 Sep 2022₹26.1t₹11.0t₹643.9b22.3x40.6x2.4x
Sat, 30 Jul 2022₹23.8t₹10.2t₹608.5b22.2x39.1x2.3x
Mon, 27 Jun 2022₹21.0t₹10.0t₹590.4b21.7x35.5x2.1x
Wed, 25 May 2022₹21.7t₹9.9t₹592.8b21.6x36.6x2.2x
Fri, 22 Apr 2022₹23.0t₹9.5t₹524.1b23.7x43.9x2.4x
Price to Earnings Ratio

43.9x


Total Market Cap: ₹23.0tTotal Earnings: ₹524.1bTotal Revenue: ₹9.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Industrials Sector Price to Earnings3Y Average 40.3x202320242025
Current Industry PE
  • Investors are pessimistic on the Indian Industrials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 34.1x which is lower than its 3-year average PE of 40.3x.
  • The industry is trading close to its 3-year average PS ratio of 2.9x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 38% 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 Industrials sector?

IN Market3.22%
Industrials3.30%
Marine and Shipping7.23%
Trade Distributors5.06%
Transportation4.73%
Infrastructure4.53%
Electrical3.91%
Aerospace & Defense3.76%
Machinery3.42%
Commercial Services2.71%
Construction2.53%
Professional Services1.88%
Industrials1.33%
Logistics0.67%
Building0.43%
Airlines0%0
Industry PE
  • Investors are most optimistic about the Trade Distributors industry even though it's trading below its 3-year average PE ratio of 82.2x.
    • Analysts are expecting annual earnings growth of 46.0%, which is higher than its past year's earnings growth of 11.1% per year.
  • Investors are most pessimistic about the Marine and Shipping industry, which is trading below its 3-year average of 11.5x.
Forecasted Growth
  • Analysts are most optimistic on the Trade Distributors industry, expecting annual earnings growth of 46% over the next 5 years.
  • This is better than its past earnings growth rate of 11% per year.
  • In contrast, the Aerospace & Defense industry is expected to see its earnings grow by 14% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ADANIPORTS Adani Ports and Special Economic Zone₹1.21k7.0%
+₹171.6b
-7.2%PE25.9x
512599 Adani Enterprises₹2.42k5.8%
+₹153.4b
-22.1%PE78x
500510 Larsen & Toubro₹3.26k3.0%
+₹132.3b
-8.1%PE32.4x
MAZDOCK Mazagon Dock Shipbuilders₹2.66k12.8%
+₹122.1b
140.5%PE39x
HAL Hindustan Aeronautics₹4.21k4.1%
+₹109.8b
13.0%PE32.3x
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Latest News

IGIL

₹339.55

International Gemmological Institute (India)

7D

-1.6%

1Y

n/a

542851

₹130.15

Gensol Engineering

7D

-11.8%

1Y

-85.9%

509496

₹532.85

ITD Cementation India

7D

-4.8%

1Y

49.2%

MAZDOCK

₹2,661.30

Mazagon Dock Shipbuilders

7D

12.8%

1Y

140.5%

TVSSCS

₹112.74

TVS Supply Chain Solutions

7D

-3.4%

1Y

-31.1%

512599

₹2,418.70

Adani Enterprises

7D

5.8%

1Y

-22.1%

531761

₹387.35

Apollo Pipes

7D

-3.7%

1Y

-41.3%

500510

₹3,257.40

Larsen & Toubro

7D

3.0%

1Y

-8.1%

SGLTL

₹140.88

Standard Glass Lining Technology

7D

-4.6%

1Y

n/a

500049

₹293.65

Bharat Electronics

7D

4.3%

1Y

25.8%