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Indian (NIFTY) Industrials Sector Analysis

UpdatedDec 01, 2023
DataAggregated Company Financials
Companies841
  • 7D2.6%
  • 3M5.9%
  • 1Y27.9%
  • YTD31.8%

In the last week, the Industrials industry is up 2.6%, with Larsen & Toubro up 4.5%. This means that the industry has gained 28% over the past year. Looking forward, earnings are forecast to grow by 21% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 01 Dec 2023₹37.7t₹13.4t₹958.2b29.4x39.4x2.8x
Sun, 29 Oct 2023₹34.6t₹13.2t₹923.9b29.7x37.4x2.6x
Tue, 26 Sep 2023₹35.4t₹13.2t₹923.8b28.5x38.4x2.7x
Thu, 24 Aug 2023₹34.4t₹13.1t₹917.6b28x37.5x2.6x
Sat, 22 Jul 2023₹32.4t₹12.8t₹886.3b28.5x36.6x2.5x
Mon, 19 Jun 2023₹31.0t₹12.8t₹880.7b26.3x35.2x2.4x
Wed, 17 May 2023₹27.8t₹12.6t₹825.7b24.6x33.7x2.2x
Fri, 14 Apr 2023₹26.1t₹12.4t₹798.5b22.9x32.7x2.1x
Sun, 12 Mar 2023₹25.6t₹12.2t₹781.9b21.6x32.8x2.1x
Tue, 07 Feb 2023₹24.4t₹12.0t₹763.3b22.7x31.9x2x
Thu, 05 Jan 2023₹27.4t₹11.8t₹742.4b24.1x36.9x2.3x
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
Price to Earnings Ratio

55.6x


Total Market Cap: ₹11.5tTotal Earnings: ₹206.4bTotal Revenue: ₹7.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Industrials Sector Price to Earnings3Y Average 41.1x202120222023
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 41.1x.
  • The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 2.8x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 67% per year over the last three years.
  • Revenues for these companies have grown 21% 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 Market1.96%
Industrials2.65%
Trade Distributors6.75%
Aerospace & Defense6.50%
Marine and Shipping4.02%
Infrastructure3.70%
Transportation2.92%
Electrical2.86%
Professional Services2.79%
Commercial Services1.74%
Construction1.38%
Building1.29%
Logistics1.10%
Machinery0.76%
Industrials0.35%
Airlines0%
Industry PE
  • Investors are most optimistic about the Logistics industry, which is trading close to its 3-year average PE ratio of 100x.
    • Analysts are expecting annual earnings growth of 52.3%, which is higher than its past year's earnings growth of 1.3% per year.
  • Investors are most pessimistic about the Marine and Shipping industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 8.1x.
Forecasted Growth
  • Analysts are most optimistic on the Logistics industry, expecting annual earnings growth of 52% over the next 5 years.
  • This is better than its past earnings growth rate of 1.3% per year.
  • In contrast, the Commercial Services industry is expected to see its earnings grow by 11% 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
500510 Larsen & Toubro₹3.19k4.5%
+₹186.8b
53.0%PE36.2x
512599 Adani Enterprises₹2.36k5.9%
+₹150.3b
-39.8%PE110.2x
HAL Hindustan Aeronautics₹2.46k9.9%
+₹148.4b
77.5%PE27.3x
ADANIPORTS Adani Ports and Special Economic Zone₹827.804.1%
+₹69.7b
-6.8%PE28.2x
INDIGO InterGlobe Aviation₹2.74k6.9%
+₹68.2b
43.2%PE18.8x
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Latest News

MAZDOCK

₹2,013.35

Mazagon Dock Shipbuilders

7D

-1.3%

1Y

120.3%

512599

₹2,362.30

Adani Enterprises

7D

5.9%

1Y

-39.8%

SIEMENS

₹3,753.10

Siemens

7D

3.4%

1Y

35.7%

HAL

₹2,462.25

Hindustan Aeronautics

7D

9.9%

1Y

77.5%

SUZLON

₹39.40

Suzlon Energy

7D

-3.0%

1Y

316.9%

TEXRAIL

₹141.85

Texmaco Rail & Engineering

7D

-8.0%

1Y

135.2%

500103

₹170.40

Bharat Heavy Electricals

7D

11.9%

1Y

88.2%

500510

₹3,189.95

Larsen & Toubro

7D

4.5%

1Y

53.0%

DBL

₹392.10

Dilip Buildcon

7D

-7.1%

1Y

64.7%

500164

₹647.25

Godrej Industries

7D

-1.9%

1Y

41.6%

INDIGO

₹2,744.95

InterGlobe Aviation

7D

6.9%

1Y

43.2%

IRB

₹37.40

IRB Infrastructure Developers

7D

-4.2%

1Y

36.2%

500049

₹147.45

Bharat Electronics

7D

5.0%

1Y

39.0%