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Indian (NIFTY) Industrials Sector Analysis

UpdatedAug 27, 2025
DataAggregated Company Financials
Companies1031
  • 7D-1.7%
  • 3M-3.5%
  • 1Y-12.7%
  • YTD-5.5%

Last week, the Industrials industry hasn't moved much but Siemens Energy India is up 4.4% in that time. Unfortunately though, the industry is down 11% over the past 12 months. As for the next few years, earnings are expected to grow by 18% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 27 Aug 2025₹58.1t₹17.8t₹1.5t28.4x37.9x3.3x
Fri, 25 Jul 2025₹60.6t₹17.5t₹1.5t29.7x39.9x3.5x
Sun, 22 Jun 2025₹59.3t₹17.4t₹1.5t29.6x39.6x3.4x
Tue, 20 May 2025₹55.5t₹16.5t₹1.4t29.3x38.4x3.4x
Thu, 17 Apr 2025₹49.4t₹16.1t₹1.4t27.6x35.6x3.1x
Sat, 15 Mar 2025₹46.5t₹16.1t₹1.4t25.8x33.5x2.9x
Mon, 10 Feb 2025₹51.0t₹16.0t₹1.4t31.9x37.2x3.2x
Wed, 08 Jan 2025₹58.2t₹16.3t₹1.4t36.5x42.8x3.6x
Fri, 06 Dec 2024₹60.7t₹16.3t₹1.4t35.4x44.8x3.7x
Sun, 03 Nov 2024₹59.2t₹16.1t₹1.3t35.8x44.8x3.7x
Tue, 01 Oct 2024₹60.3t₹14.8t₹1.2t37.4x50x4.1x
Thu, 29 Aug 2024₹60.3t₹14.8t₹1.2t37.5x50.4x4.1x
Sat, 27 Jul 2024₹62.4t₹15.1t₹1.2t37.5x51.8x4.1x
Mon, 24 Jun 2024₹61.0t₹15.0t₹1.2t35.5x51.1x4.1x
Wed, 22 May 2024₹55.1t₹19.0t₹1.9t35.4x28.3x2.9x
Fri, 19 Apr 2024₹48.8t₹13.8t₹1.0t33.7x47.1x3.5x
Sun, 17 Mar 2024₹44.5t₹13.8t₹1.0t29.8x43.1x3.2x
Tue, 13 Feb 2024₹43.8t₹13.7t₹1.0t33x42.8x3.2x
Thu, 11 Jan 2024₹43.6t₹13.5t₹965.4b33.5x45.2x3.2x
Sat, 09 Dec 2023₹40.1t₹13.4t₹959.4b30.3x41.8x3x
Mon, 06 Nov 2023₹35.0t₹13.2t₹943.5b30.2x37.1x2.6x
Wed, 04 Oct 2023₹35.6t₹13.2t₹924.7b29.1x38.5x2.7x
Fri, 01 Sep 2023₹34.8t₹13.1t₹918.4b29.1x37.9x2.6x
Sun, 30 Jul 2023₹33.1t₹13.0t₹880.6b28.8x37.5x2.5x
Tue, 27 Jun 2023₹30.5t₹12.8t₹882.0b26.2x34.6x2.4x
Thu, 25 May 2023₹28.3t₹12.7t₹833.7b24.7x34x2.2x
Sat, 22 Apr 2023₹25.9t₹12.4t₹806.9b22.8x32.1x2.1x
Mon, 20 Mar 2023₹25.5t₹12.3t₹796.1b21.5x32x2.1x
Wed, 15 Feb 2023₹24.8t₹12.1t₹771.1b22.3x32.1x2x
Fri, 13 Jan 2023₹27.5t₹11.8t₹742.6b24.4x37x2.3x
Sun, 11 Dec 2022₹28.5t₹11.7t₹735.1b24.1x38.8x2.4x
Tue, 08 Nov 2022₹27.9t₹11.4t₹672.0b24.2x41.6x2.4x
Thu, 06 Oct 2022₹26.2t₹11.0t₹653.3b23.5x40.1x2.4x
Sat, 03 Sep 2022₹26.6t₹11.0t₹643.9b22.8x41.3x2.4x
Price to Earnings Ratio

41.3x


Total Market Cap: ₹26.6tTotal Earnings: ₹643.9bTotal Revenue: ₹11.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Industrials Sector Price to Earnings3Y Average 40.3x202320242025
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 40.3x.
  • The industry is trading close to its 3-year average PS ratio of 3.0x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 34% per year over the last three years.
  • Revenues for these companies have grown 17% 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 Market-1.16%
Industrials-1.71%
Professional Services1.42%
Airlines0%0
Marine and Shipping-0.52%
Machinery-0.57%
Logistics-0.92%
Commercial Services-1.12%
Electrical-1.37%
Building-1.50%
Industrials-1.87%
Construction-2.13%
Aerospace & Defense-2.43%
Trade Distributors-3.73%
Infrastructure-4.05%
Transportation-4.10%
Industry PE
  • Investors are most optimistic about the Building industry which is trading above its 3-year average PE ratio of 47.4x.
    • Analysts are expecting annual earnings growth of 24.2%, which is higher than its past year's earnings growth of 8.6% 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 12.4x.
Forecasted Growth
  • Analysts are most optimistic on the Logistics industry, expecting annual earnings growth of 35% over the next 5 years.
  • This is better than its past earnings growth rate of 24% per year.
  • In contrast, the Commercial Services 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
ENRIN Siemens Energy India₹3.34k4.4%
+₹50.5b
n/aPE90.4x
500480 Cummins India₹3.84k2.5%
+₹25.8b
2.0%PE49.7x
ECLERX eClerx Services₹4.45k10.2%
+₹19.4b
58.6%PE36.6x
513023 Nava₹660.1511.5%
+₹19.3b
36.2%PE17.9x
LTTS L&T Technology Services₹4.33k3.6%
+₹16.1b
-21.2%PE36.1x

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