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Indian (NIFTY) Aerospace & Defense Industry Analysis

UpdatedSep 13, 2026
DataAggregated Company Financials
Companies26
  • 7D-0.4%
  • 3M6.0%
  • 1Y0.5%
  • YTD7.7%

Over the last 7 days, the Aerospace & Defense industry has remained flat, although notably Mazagon Dock Shipbuilders declined by 5.5%. In line with that, the industry has also been flat over the past 12 months. Looking forward, earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

Has the Indian Aerospace & Defense Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 13 Sep 2026₹9.0t₹935.9b₹202.5b66.8x44.7x9.7x
Tue, 11 Aug 2026₹9.2t₹926.7b₹199.3b57.4x46x9.9x
Thu, 09 Jul 2026₹8.8t₹901.7b₹197.5b56.2x44.4x9.7x
Sat, 06 Jun 2026₹8.5t₹906.7b₹197.5b49.2x43.2x9.4x
Mon, 04 May 2026₹8.9t₹897.3b₹194.2b59.3x45.9x9.9x
Wed, 01 Apr 2026₹7.4t₹889.6b₹193.5b48x38.1x8.3x
Fri, 27 Feb 2026₹8.4t₹889.7b₹193.5b54.2x43.2x9.4x
Sun, 25 Jan 2026₹8.2t₹856.6b₹185.6b52.3x44.2x9.6x
Tue, 23 Dec 2025₹8.4t₹856.3b₹185.6b55.9x45.1x9.8x
Thu, 20 Nov 2025₹8.9t₹840.1b₹185.2b58.2x48.2x10.6x
Sat, 18 Oct 2025₹8.9t₹810.7b₹178.9b54.9x49.8x11x
Mon, 15 Sep 2025₹8.8t₹810.7b₹178.9b55.1x49.2x10.9x
Wed, 13 Aug 2025₹8.2t₹803.9b₹179.0b53.5x45.9x10.2x
Fri, 11 Jul 2025₹9.3t₹796.6b₹179.9b74.3x51.9x11.7x
Sun, 08 Jun 2025₹9.4t₹796.2b₹179.8b70.6x52x11.8x
Tue, 06 May 2025₹7.9t₹782.8b₹181.2b59.6x43.8x10.1x
Thu, 03 Apr 2025₹7.1t₹782.3b₹181.1b54.1x39.1x9x
Sat, 01 Mar 2025₹5.5t₹774.4b₹178.9b45x30.9x7.1x
Mon, 27 Jan 2025₹6.5t₹735.3b₹170.8b65.5x38.1x8.8x
Wed, 25 Dec 2024₹6.9t₹733.3b₹170.3b64.4x40.4x9.4x
Fri, 22 Nov 2024₹6.3t₹730.7b₹170.0b56.3x37x8.6x
Sun, 20 Oct 2024₹7.0t₹709.4b₹161.9b66.5x43.1x9.8x
Tue, 17 Sep 2024₹7.1t₹709.0b₹161.8b79.7x43.6x10x
Thu, 15 Aug 2024₹7.3t₹702.9b₹151.8b81.4x48.4x10.4x
Sat, 13 Jul 2024₹8.6t₹693.9b₹149.5b89.6x57.2x12.3x
Mon, 10 Jun 2024₹6.9t₹693.9b₹149.5b56.4x46x9.9x
Wed, 08 May 2024₹5.3t₹631.4b₹124.9b60x42.8x8.5x
Fri, 05 Apr 2024₹5.2t₹631.5b₹124.9b61x41.3x8.2x
Sun, 03 Mar 2024₹4.8t₹631.5b₹124.9b67x38.3x7.6x
Tue, 30 Jan 2024₹4.5t₹620.0b₹118.1b64.4x38.5x7.3x
Thu, 28 Dec 2023₹4.4t₹618.7b₹117.6b60.5x37.1x7x
Sat, 25 Nov 2023₹3.5t₹625.8b₹118.9b45.7x29.8x5.7x
Mon, 23 Oct 2023₹3.2t₹612.2b₹114.4b47.6x28.1x5.3x
Wed, 20 Sep 2023₹3.3t₹606.8b₹113.3b52.6x29.5x5.5x
  • Price to Earnings
  • Price to Sales
  • Median Price to Earnings
Price to Earnings Ratio

29.5x


Wed, 20 Sep 2023
Total Market Cap: ₹3.3tTotal Earnings: ₹113.3bTotal Revenue: ₹606.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Aerospace & Defense Industry Price to Earnings3Y Average 42.7x202420252026
Current Industry PE
  • Investors are relatively neutral on the Indian Aerospace & Defense 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 42.7x.
  • The industry is trading close to its 3-year average PS ratio of 9.3x.
Past Earnings Growth
  • The earnings for companies in the Aerospace & Defense industry have grown 21% per year over the last three years.
  • Revenues for these companies have grown 16% 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 industry?

IN Market-1.39%
Industrials-0.35%
Aerospace & Defense-0.41%
Aerospace and Defense-0.41%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
HAL Hindustan Aeronautics₹4.91k1.0%
+₹32.8b
3.4%PE35.2x
DATAPATTNS Data Patterns (India)₹4.83k5.3%
+₹13.7b
78.1%PE100.9x
APOLLO Apollo Micro Systems₹422.258.6%
+₹13.0b
31.0%PE135.8x
UNIMECH Unimech Aerospace and Manufacturing₹1.61k7.1%
+₹5.5b
49.5%PE113.7x
ROSSTECH Rossell Techsys₹1.21k5.5%
+₹2.4b
62.8%PE177.9x

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