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Indian (NIFTY) Industrials Sector Analysis

UpdatedMar 28, 2024
DataAggregated Company Financials
Companies859
  • 7D5.7%
  • 3M11.4%
  • 1Y81.3%
  • YTD10.0%

In the last week, the Industrials industry is up 5.7%, with Larsen & Toubro up 5.9%. This means that the industry has gained 81% over the past year. 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
Thu, 28 Mar 2024₹46.7t₹13.8t₹1.0t30.8x45.1x3.4x
Sat, 24 Feb 2024₹46.3t₹13.8t₹1.0t33.7x44.9x3.4x
Mon, 22 Jan 2024₹44.3t₹13.5t₹966.5b33.4x45.8x3.3x
Wed, 20 Dec 2023₹41.4t₹13.4t₹959.6b30.3x43.2x3.1x
Fri, 17 Nov 2023₹36.3t₹13.4t₹969.8b28.8x37.4x2.7x
Sun, 15 Oct 2023₹36.2t₹13.2t₹915.5b30.2x39.6x2.7x
Tue, 12 Sep 2023₹36.8t₹13.1t₹917.9b30.4x40.1x2.8x
Thu, 10 Aug 2023₹33.6t₹13.0t₹907.0b28.9x37.1x2.6x
Sat, 08 Jul 2023₹31.2t₹12.8t₹881.9b27.4x35.3x2.4x
Mon, 05 Jun 2023₹29.4t₹12.8t₹878.4b25.5x33.4x2.3x
Wed, 03 May 2023₹26.9t₹12.4t₹806.2b23.1x33.3x2.2x
Fri, 31 Mar 2023₹25.0t₹12.4t₹798.4b20.3x31.3x2x
Sun, 26 Feb 2023₹24.2t₹12.2t₹780.8b21x31x2x
Tue, 24 Jan 2023₹27.3t₹11.8t₹747.7b23.9x36.5x2.3x
Thu, 22 Dec 2022₹27.7t₹11.7t₹734.9b23.6x37.7x2.4x
Sat, 19 Nov 2022₹27.9t₹11.7t₹726.6b23.6x38.3x2.4x
Mon, 17 Oct 2022₹26.0t₹11.0t₹653.4b23.7x39.8x2.4x
Wed, 14 Sep 2022₹27.6t₹11.0t₹651.0b23.6x42.3x2.5x
Fri, 12 Aug 2022₹24.7t₹10.9t₹638.5b22.3x38.8x2.3x
Sun, 10 Jul 2022₹22.2t₹10.0t₹590.3b22x37.5x2.2x
Tue, 07 Jun 2022₹22.1t₹10.0t₹590.5b22x37.5x2.2x
Thu, 05 May 2022₹21.8t₹9.5t₹517.1b22.9x42.1x2.3x
Sat, 02 Apr 2022₹22.1t₹9.5t₹521.9b21.9x42.3x2.3x
Mon, 28 Feb 2022₹20.6t₹9.5t₹520.4b20.8x39.6x2.2x
Wed, 26 Jan 2022₹21.9t₹9.1t₹496.1b24.2x44.2x2.4x
Fri, 24 Dec 2021₹21.5t₹9.1t₹495.8b21.2x43.5x2.4x
Sun, 21 Nov 2021₹21.7t₹9.0t₹482.6b20.7x45x2.4x
Tue, 19 Oct 2021₹21.8t₹8.7t₹440.6b25.5x49.5x2.5x
Thu, 16 Sep 2021₹20.5t₹9.1t₹385.8b23.5x53.1x2.2x
Sat, 14 Aug 2021₹18.9t₹8.9t₹444.5b21.4x42.4x2.1x
Wed, 09 Jun 2021₹17.2t₹8.1t₹353.0b22.3x48.7x2.1x
Price to Earnings Ratio

44.5x


Total Market Cap: ₹15.7tTotal Earnings: ₹352.7bTotal Revenue: ₹8.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Industrials Sector Price to Earnings3Y Average 40.3x202220232024
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 45.1x which is higher than its 3-year average PE of 40.3x.
  • The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 3.4x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 43% 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 Market2.49%
Industrials5.73%
Industrials10.55%
Aerospace & Defense7.74%
Electrical7.24%
Infrastructure6.17%
Construction5.45%
Machinery4.95%
Professional Services4.15%
Building4.03%
Marine and Shipping3.57%
Commercial Services3.00%
Trade Distributors2.60%
Transportation2.54%
Logistics2.02%
Airlines0%
Industry PE
  • Investors are most optimistic about the Logistics industry, which is trading close to its 3-year average PE ratio of 82.7x.
    • Analysts are expecting annual earnings growth of 52.2%, which is higher than its past year's earnings growth of 11.0% 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 8.9x.
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 11% 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
500510 Larsen & Toubro₹3.77k5.9%
+₹291.1b
75.8%PE41x
ADANIPORTS Adani Ports and Special Economic Zone₹1.34k6.3%
+₹171.5b
110.8%PE37.7x
SIEMENS Siemens₹5.37k8.7%
+₹153.7b
61.6%PE95.5x
512599 Adani Enterprises₹3.19k4.2%
+₹146.0b
83.4%PE103.6x
HAL Hindustan Aeronautics₹3.33k6.6%
+₹137.5b
145.8%PE36.2x
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Latest News

HAL

₹3,327.00

Hindustan Aeronautics

7D

6.6%

1Y

145.8%

500233

₹1,156.45

Kajaria Ceramics

7D

-3.1%

1Y

11.8%

ADANIPORTS

₹1,341.85

Adani Ports and Special Economic Zone

7D

6.3%

1Y

110.8%

TIL

₹163.45

TIL

7D

-70.7%

1Y

16.5%

COCHINSHIP

₹871.80

Cochin Shipyard

7D

-2.7%

1Y

279.9%

500002

₹6,363.30

ABB India

7D

8.5%

1Y

87.5%

512599

₹3,193.55

Adani Enterprises

7D

4.2%

1Y

83.4%

INDIGO

₹3,548.65

InterGlobe Aviation

7D

7.9%

1Y

94.4%

500510

₹3,774.10

Larsen & Toubro

7D

5.9%

1Y

75.8%

505790

₹2,812.30

Schaeffler India

7D

-5.0%

1Y

-0.3%

JYOTICNC

₹821.45

Jyoti CNC Automation

7D

29.8%

1Y

n/a

SIS

₹409.25

SIS

7D

-9.0%

1Y

25.6%

506076

₹1,899.10

Grindwell Norton

7D

-2.7%

1Y

4.8%