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Indian (NIFTY) Industrials Sector Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies952
- 7D-5.3%
- 3M-7.2%
- 1Y32.5%
- YTD29.6%
In the last week, the Industrials industry is down 2.6% with Siemens down the most at 13%. Meanwhile, GE Vernova T&D India actually outperformed within the industry, gaining 11% in the last week. This takes the industry's 12 month performance to a gain of 38%. Earnings are forecast to grow by 21% annually.
Sector Valuation and Performance
Has the Indian Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | ₹58.4t | ₹16.3t | ₹1.4t | 36.5x | 43x | 3.6x |
| Mon, 18 Nov 2024 | ₹56.1t | ₹16.3t | ₹1.3t | 33.5x | 41.6x | 3.4x |
| Wed, 16 Oct 2024 | ₹60.4t | ₹14.8t | ₹1.2t | 37.3x | 50x | 4.1x |
| Fri, 13 Sep 2024 | ₹59.9t | ₹14.8t | ₹1.2t | 37.5x | 49.7x | 4.1x |
| Sun, 11 Aug 2024 | ₹59.5t | ₹14.7t | ₹1.2t | 37.4x | 50.9x | 4.1x |
| Tue, 09 Jul 2024 | ₹64.2t | ₹15.0t | ₹1.2t | 37.6x | 53.7x | 4.3x |
| Thu, 06 Jun 2024 | ₹54.9t | ₹19.9t | ₹2.1t | 31.5x | 26.5x | 2.8x |
| Sat, 04 May 2024 | ₹51.5t | ₹13.8t | ₹1.0t | 35.4x | 49.5x | 3.7x |
| Mon, 01 Apr 2024 | ₹47.1t | ₹13.8t | ₹1.0t | 31.3x | 45.5x | 3.4x |
| Wed, 28 Feb 2024 | ₹46.6t | ₹13.8t | ₹1.0t | 33.6x | 45.1x | 3.4x |
| Fri, 26 Jan 2024 | ₹43.8t | ₹13.5t | ₹966.7b | 33.3x | 45.3x | 3.2x |
| Sun, 24 Dec 2023 | ₹41.1t | ₹13.4t | ₹962.1b | 30x | 42.7x | 3.1x |
| Tue, 21 Nov 2023 | ₹36.6t | ₹13.4t | ₹956.1b | 28.6x | 38.3x | 2.7x |
| Thu, 19 Oct 2023 | ₹36.1t | ₹13.2t | ₹915.6b | 30.1x | 39.5x | 2.7x |
| Sat, 16 Sep 2023 | ₹35.8t | ₹13.1t | ₹917.8b | 29.1x | 39x | 2.7x |
| Mon, 14 Aug 2023 | ₹33.5t | ₹13.0t | ₹917.6b | 27.9x | 36.5x | 2.6x |
| Wed, 12 Jul 2023 | ₹31.7t | ₹12.8t | ₹882.0b | 27.4x | 35.9x | 2.5x |
| Fri, 09 Jun 2023 | ₹30.1t | ₹12.8t | ₹878.8b | 26.1x | 34.2x | 2.3x |
| Sun, 07 May 2023 | ₹27.4t | ₹12.5t | ₹812.6b | 23.5x | 33.7x | 2.2x |
| Tue, 04 Apr 2023 | ₹25.3t | ₹12.4t | ₹798.5b | 21.2x | 31.7x | 2x |
| Thu, 02 Mar 2023 | ₹24.8t | ₹12.2t | ₹782.0b | 21.3x | 31.7x | 2x |
| Sat, 28 Jan 2023 | ₹25.5t | ₹11.8t | ₹745.5b | 22.9x | 34.2x | 2.2x |
| Mon, 26 Dec 2022 | ₹26.2t | ₹11.7t | ₹734.9b | 21.8x | 35.6x | 2.2x |
| Wed, 23 Nov 2022 | ₹27.9t | ₹11.7t | ₹735.7b | 23.5x | 37.9x | 2.4x |
| Fri, 21 Oct 2022 | ₹26.5t | ₹10.7t | ₹653.0b | 24.1x | 40.6x | 2.5x |
| Sun, 18 Sep 2022 | ₹27.3t | ₹11.0t | ₹651.0b | 23.8x | 41.9x | 2.5x |
| Tue, 16 Aug 2022 | ₹24.8t | ₹10.9t | ₹641.5b | 21.8x | 38.6x | 2.3x |
| Thu, 14 Jul 2022 | ₹22.2t | ₹10.0t | ₹587.8b | 22x | 37.7x | 2.2x |
| Sat, 11 Jun 2022 | ₹21.8t | ₹9.9t | ₹590.9b | 22.6x | 36.9x | 2.2x |
| Mon, 09 May 2022 | ₹21.5t | ₹9.7t | ₹517.7b | 22.6x | 41.6x | 2.2x |
| Wed, 06 Apr 2022 | ₹22.9t | ₹9.5t | ₹521.9b | 22.4x | 43.9x | 2.4x |
| Fri, 04 Mar 2022 | ₹20.7t | ₹9.5t | ₹520.4b | 21x | 39.7x | 2.2x |
| Sun, 30 Jan 2022 | ₹21.8t | ₹9.1t | ₹498.9b | 24.3x | 43.7x | 2.4x |
| Tue, 28 Dec 2021 | ₹21.5t | ₹9.1t | ₹495.4b | 21.4x | 43.4x | 2.4x |
Price to Earnings Ratio
43.4x
Current Industry PE
- Investors are optimistic on the Indian Industrials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 44.2x which is higher than its 3-year average PE of 40.9x.
- The 3-year average PS ratio of 2.8x is lower than the industry's current PS ratio of 3.7x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have grown 40% per year over the last three years.
- Revenues for these companies have grown 22% 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 | -4.25% | |
| Industrials | -5.27% | |
| Airlines | 0% | |
| Professional Services | -3.28% | |
| Machinery | -4.19% | |
| Electrical | -4.28% | |
| Commercial Services | -4.44% | |
| Construction | -4.91% | |
| Building | -5.07% | |
| Infrastructure | -5.60% | |
| Marine and Shipping | -5.99% | |
| Transportation | -6.57% | |
| Trade Distributors | -6.65% | |
| Aerospace & Defense | -7.49% | |
| Logistics | -7.96% | |
| Industrials | -8.74% | |
Industry PE
- Investors are most optimistic about the Electrical industry which is trading above its 3-year average PE ratio of 60.5x.
- Analysts expect its future annual earnings growth (30.2%) to be largely in line with prior year's earnings growth.
- 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 11.2x.
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 19% per year.
- In contrast, the Infrastructure 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 522275 GE Vernova T&D India | ₹2.15k | 10.9% +₹53.8b | 366.5% | PE139.2x | |
| SAGILITY Sagility India | ₹45.17 | 13.6% +₹25.3b | n/a | PE72.8x | |
| TECHNOE Techno Electric & Engineering | ₹1.63k | 12.6% +₹21.1b | 115.6% | PE59.6x | |
| KEC KEC International | ₹1.24k | 6.2% +₹19.2b | 106.5% | PE78.1x | |
| ACE Action Construction Equipment | ₹1.49k | 11.3% +₹18.0b | 75.2% | PE48.5x |
