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Indian (NIFTY) Industrials Sector Analysis

UpdatedDec 03, 2022
DataAggregated Company Financials
Companies750
  • 7D1.3%
  • 3M5.4%
  • 1Y27.7%
  • YTD22.5%

Over the last 7 days, the Industrials industry has risen 1.3%, driven by gains from L&T Technology Services of 10%. In the last 12 months, the industry was up 28%. As for the next few years, earnings are expected to grow by 25% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 03 Dec 2022₹28.4t₹11.7t₹736.7b23.9x38.5x2.4x
Mon, 31 Oct 2022₹26.6t₹11.0t₹654.9b23.6x40.6x2.4x
Wed, 28 Sep 2022₹26.1t₹11.0t₹653.5b23.5x39.9x2.4x
Fri, 26 Aug 2022₹25.5t₹11.0t₹643.7b22.2x39.6x2.3x
Sun, 24 Jul 2022₹23.3t₹10.1t₹596.3b22.5x39.1x2.3x
Tue, 21 Jun 2022₹20.2t₹10.0t₹590.8b20.3x34.1x2x
Thu, 19 May 2022₹21.2t₹9.8t₹578.4b21.7x36.7x2.2x
Sat, 16 Apr 2022₹23.0t₹9.5t₹524.0b23.3x43.9x2.4x
Mon, 14 Mar 2022₹20.7t₹9.5t₹517.7b21.6x40x2.2x
Wed, 09 Feb 2022₹21.8t₹9.3t₹523.1b23.4x41.7x2.4x
Fri, 07 Jan 2022₹22.4t₹9.1t₹495.4b23.1x45.2x2.5x
Sun, 05 Dec 2021₹21.4t₹9.1t₹496.0b19.7x43.2x2.4x
Tue, 02 Nov 2021₹20.8t₹8.7t₹457.2b24.7x45.4x2.4x
Thu, 30 Sep 2021₹20.3t₹8.8t₹445.6b23.6x45.6x2.3x
Sat, 28 Aug 2021₹19.0t₹8.9t₹444.6b22x42.8x2.1x
Sun, 04 Jul 2021₹18.0t₹8.8t₹432.6b20.1x41.5x2x
Wed, 07 Apr 2021₹15.7t₹8.1t₹352.7b19.4x44.5x2x
Sat, 09 Jan 2021₹12.7t₹7.7t₹256.6b20.1x49.5x1.7x
Fri, 02 Oct 2020₹9.9t₹7.5t₹202.3b17.7x48.9x1.3x
Mon, 06 Jul 2020₹9.3t₹8.0t₹272.2b15.7x34.2x1.2x
Thu, 09 Apr 2020₹7.8t₹8.8t₹422.1b11.8x18.4x0.9x
Wed, 01 Jan 2020₹11.4t₹9.3t₹492.5b13.7x23.1x1.2x
Price to Earnings Ratio

22.2x


Total Market Cap: ₹11.6tTotal Earnings: ₹523.9bTotal Revenue: ₹9.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Industrials Sector Price to Earnings3Y Average 39.9x202020212022
Current Industry PE
  • Investors are relatively neutral on the Indian Industrials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 39.9x.
  • The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 12% per year over the last three years.
  • Revenues for these companies have grown 7.9% 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 Market1.75%
Industrials1.34%
Professional Services5.64%
Building4.47%
Transportation2.54%
Construction1.98%
Logistics1.77%
Commercial Services1.37%
Aerospace & Defense1.05%
Infrastructure0.99%
Electrical0.84%
Industrials0.82%
Trade Distributors0.73%
Machinery0.67%
Airlines0%
Marine and Shipping-1.60%
Industry PE
  • Investors are most optimistic about the Trade Distributors industry, which is trading close to its 3-year average PE ratio of 103x.
    • Analysts are expecting annual earnings growth of 38.9%, which is higher than its past year's earnings growth of 22.0% per year.
  • Investors are most pessimistic about the Marine and Shipping industry, which is trading close to its 3-year average of 7.5x.
Forecasted Growth
  • Analysts are most optimistic on the Trade Distributors industry, expecting annual earnings growth of 39% over the next 5 years.
  • This is better than its past earnings growth rate of 22% per year.
  • In contrast, the Aerospace & Defense industry is expected to see its earnings grow by 12% 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
LTTS L&T Technology Services₹4.29k10.3%
+₹42.4b
-20.8%PE42.4x
500510 Larsen & Toubro₹2.08k1.1%
+₹31.1b
15.7%PE30.5x
500103 Bharat Heavy Electricals₹90.5510.5%
+₹29.9b
49.7%PE41.3x
532830 Astral₹2.02k6.8%
+₹25.9b
-9.4%PE95x
512599 Adani Enterprises₹3.92k0.5%
+₹20.6b
129.6%PE365.5x
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500510

₹2,084.45

Larsen & Toubro

7D

1.1%

1Y

15.7%

522113

₹3,507.40

Timken India

7D

-2.0%

1Y

73.9%

ASHOKLEY

₹146.05

Ashok Leyland

7D

-1.8%

1Y

21.1%

LTTS

₹4,287.35

L&T Technology Services

7D

10.3%

1Y

-20.8%

500480

₹1,441.65

Cummins India

7D

4.6%

1Y

56.5%

532830

₹2,022.20

Astral

7D

6.8%

1Y

-9.4%

512599

₹3,921.45

Adani Enterprises

7D

0.5%

1Y

129.6%

505790

₹2,803.40

Schaeffler India

7D

-4.7%

1Y

77.9%

500103

₹90.55

Bharat Heavy Electricals

7D

10.5%

1Y

49.7%

500049

₹106.10

Bharat Electronics

7D

-1.0%

1Y

54.1%

500472

₹4,835.85

SKF India

7D

-3.1%

1Y

24.4%

500002

₹2,977.30

ABB India

7D

-3.6%

1Y

43.2%

532749

₹440.10

Allcargo Logistics

7D

-5.8%

1Y

25.7%

HAVELLS

₹1,238.95

Havells India

7D

-0.6%

1Y

-10.4%