Header cover image

Indian (NIFTY) Industrials Sector Analysis

UpdatedJan 27, 2025
DataAggregated Company Financials
Companies971
  • 7D-4.8%
  • 3M-7.8%
  • 1Y13.0%
  • YTD-10.2%

The Industrials industry is down 4.8% over the last week with Hindustan Aeronautics the worst performer, down 6.5%. In the past year, the industry has gained 13%. 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
Mon, 27 Jan 2025₹51.8t₹15.7t₹1.3t32.9x39.8x3.3x
Wed, 25 Dec 2024₹58.3t₹16.3t₹1.4t36.4x42.9x3.6x
Fri, 22 Nov 2024₹54.9t₹16.3t₹1.4t33.3x40.6x3.4x
Sun, 20 Oct 2024₹59.7t₹14.9t₹1.2t37.3x49.3x4x
Tue, 17 Sep 2024₹60.1t₹14.8t₹1.2t37.6x49.9x4.1x
Thu, 15 Aug 2024₹58.6t₹14.7t₹1.2t36.6x49.6x4x
Sat, 13 Jul 2024₹63.7t₹15.0t₹1.2t37.4x53.3x4.2x
Mon, 10 Jun 2024₹57.7t₹15.0t₹1.2t33x48.2x3.9x
Wed, 08 May 2024₹50.2t₹13.8t₹1.0t34.7x48.1x3.6x
Fri, 05 Apr 2024₹49.3t₹13.8t₹1.0t33.3x47.7x3.6x
Sun, 03 Mar 2024₹46.8t₹13.8t₹1.0t33.7x45.4x3.4x
Tue, 30 Jan 2024₹46.5t₹13.5t₹968.3b33.4x48x3.4x
Thu, 28 Dec 2023₹41.7t₹13.5t₹964.3b30.5x43.2x3.1x
Sat, 25 Nov 2023₹36.9t₹13.4t₹956.4b29x38.6x2.8x
Mon, 23 Oct 2023₹35.8t₹13.2t₹920.8b30.2x38.8x2.7x
Wed, 20 Sep 2023₹35.7t₹13.1t₹918.7b29.1x38.8x2.7x
Fri, 18 Aug 2023₹33.6t₹13.0t₹917.7b27.4x36.6x2.6x
Sun, 16 Jul 2023₹31.8t₹12.8t₹883.3b27.9x36x2.5x
Tue, 13 Jun 2023₹30.4t₹12.8t₹879.0b26.8x34.5x2.4x
Thu, 11 May 2023₹27.5t₹12.5t₹819.7b24.1x33.6x2.2x
Sat, 08 Apr 2023₹25.8t₹12.4t₹798.5b21.9x32.3x2.1x
Mon, 06 Mar 2023₹25.4t₹12.2t₹781.9b21.9x32.5x2.1x
Wed, 01 Feb 2023₹26.1t₹11.9t₹755.0b23.5x34.6x2.2x
Fri, 30 Dec 2022₹27.2t₹11.8t₹742.0b23.5x36.7x2.3x
Sun, 27 Nov 2022₹28.0t₹11.7t₹736.3b22.9x38x2.4x
Tue, 25 Oct 2022₹26.2t₹11.0t₹654.7b23.6x40x2.4x
Thu, 22 Sep 2022₹27.2t₹11.0t₹652.6b24.1x41.7x2.5x
Sat, 20 Aug 2022₹25.6t₹11.0t₹642.3b21.6x39.8x2.3x
Mon, 18 Jul 2022₹22.4t₹10.0t₹592.8b22x37.9x2.2x
Wed, 15 Jun 2022₹21.3t₹10.0t₹590.9b22.3x36x2.1x
Fri, 13 May 2022₹20.6t₹9.6t₹517.0b21.3x39.9x2.1x
Sun, 10 Apr 2022₹23.1t₹9.5t₹522.0b23.3x44.3x2.4x
Tue, 08 Mar 2022₹19.7t₹9.5t₹517.7b20.2x38x2.1x
Thu, 03 Feb 2022₹22.5t₹9.2t₹520.9b24.5x43.3x2.4x
Price to Earnings Ratio

43.3x


Total Market Cap: ₹22.5tTotal Earnings: ₹520.9bTotal Revenue: ₹9.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Industrials Sector Price to Earnings3Y Average 40.8x202320242025
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 40.8x.
  • The 3-year average PS ratio of 2.8x is lower than the industry's current PS ratio of 3.3x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 36% per year over the last three years.
  • Revenues for these companies have grown 20% 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-2.24%
Industrials-4.81%
Airlines0%0
Transportation-2.46%
Commercial Services-2.69%
Building-2.84%
Trade Distributors-3.37%
Professional Services-3.51%
Machinery-3.80%
Marine and Shipping-4.12%
Logistics-4.13%
Aerospace & Defense-4.55%
Industrials-4.95%
Construction-5.23%
Infrastructure-6.40%
Electrical-6.41%
Industry PE
  • Investors are most optimistic about the Electrical industry, which is trading close to its 3-year average PE ratio of 60.0x.
    • Analysts are expecting annual earnings growth of 29.9%, which is lower than the prior year's growth of 34.5% per year.
  • Investors are most pessimistic about the Marine and Shipping industry, which is trading close to its 3-year average of 11.3x.
Forecasted Growth
  • Analysts are most optimistic on the Logistics industry, expecting annual earnings growth of 51% over the next 5 years.
  • This is better than its past earnings growth rate of 19% per year.
  • In contrast, the Aerospace & Defense industry is expected to see its earnings grow by 13% 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
INDIGO InterGlobe Aviation₹4.18k1.5%
+₹23.7b
44.2%PE26.5x
AIAENG AIA Engineering₹3.65k2.3%
+₹7.6b
-9.3%PE32.3x
HAPPYFORGE Happy Forgings₹1.04k5.3%
+₹4.9b
8.6%PE37.9x
GREENLAM Greenlam Industries₹555.702.7%
+₹1.8b
8.0%PE58.5x
532884 Refex Industries₹475.603.0%
+₹1.8b
240.9%PE54.9x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

532884

₹475.60

Refex Industries

7D

3.0%

1Y

240.9%

INDIGO

₹4,175.75

InterGlobe Aviation

7D

1.5%

1Y

44.2%

512599

₹2,259.50

Adani Enterprises

7D

-7.3%

1Y

-26.3%

517273

₹430.35

S&S Power Switchgear

7D

12.5%

1Y

142.1%

541302

₹149.20

Dhruv Consultancy Services

7D

27.5%

1Y

133.1%

500049

₹262.90

Bharat Electronics

7D

-8.0%

1Y

37.6%

CGPOWER

₹595.45

CG Power and Industrial Solutions

7D

-12.9%

1Y

27.5%

500510

₹3,460.15

Larsen & Toubro

7D

-3.5%

1Y

-6.7%

HAL

₹3,670.65

Hindustan Aeronautics

7D

-12.3%

1Y

23.3%

AIAENG

₹3,652.70

AIA Engineering

7D

2.3%

1Y

-9.3%

HAPPYFORGE

₹1,042.40

Happy Forgings

7D

5.3%

1Y

8.6%