We Take A Look At Why Garden Reach Shipbuilders & Engineers Limited's (NSE:GRSE) CEO Compensation Is Well Earned
Sep 13
Have your own idea? Try our Stock Screener
Indian (NIFTY) Aerospace & Defense Industry Analysis
UpdatedSep 17, 2025
DataAggregated Company Financials
Companies21
- 7D8.8%
- 3M-4.7%
- 1Y25.1%
- YTD25.2%
Over the last 7 days, the Aerospace & Defense industry has risen 8.8%, driven by gains from Hindustan Aeronautics of 7.3%. Meanwhile, High Energy Batteries (India) actually underperformed within the industry, shrinking 7.2% in the last week. This means that the industry has gained 25% over the past year. As for the next few years, earnings are expected to grow by 18% per annum.
Industry Valuation and Performance
Has the Indian Aerospace & Defense Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 18 Sep 2025 | ₹9.1t | ₹810.7b | ₹178.9b | 55.7x | 50.8x | 11.2x |
| Sat, 16 Aug 2025 | ₹8.4t | ₹810.0b | ₹178.7b | 55.3x | 47x | 10.4x |
| Mon, 14 Jul 2025 | ₹9.2t | ₹796.6b | ₹179.9b | 71.9x | 51.1x | 11.5x |
| Wed, 11 Jun 2025 | ₹9.5t | ₹796.2b | ₹179.8b | 70.3x | 52.8x | 11.9x |
| Fri, 09 May 2025 | ₹7.6t | ₹782.7b | ₹181.2b | 57.9x | 41.8x | 9.7x |
| Sun, 06 Apr 2025 | ₹7.0t | ₹782.3b | ₹181.1b | 52.9x | 38.9x | 9x |
| Tue, 04 Mar 2025 | ₹5.8t | ₹782.3b | ₹181.1b | 44.3x | 31.8x | 7.4x |
| Thu, 30 Jan 2025 | ₹6.4t | ₹734.5b | ₹170.4b | 63.6x | 37.5x | 8.7x |
| Sat, 28 Dec 2024 | ₹6.9t | ₹733.3b | ₹170.3b | 64.6x | 40.5x | 9.4x |
| Mon, 25 Nov 2024 | ₹6.4t | ₹730.7b | ₹170.0b | 55.6x | 37.7x | 8.8x |
| Wed, 23 Oct 2024 | ₹6.6t | ₹709.4b | ₹161.9b | 63.5x | 40.6x | 9.3x |
| Fri, 20 Sep 2024 | ₹6.6t | ₹709.0b | ₹161.8b | 72.4x | 40.7x | 9.3x |
| Sun, 18 Aug 2024 | ₹7.5t | ₹709.0b | ₹161.8b | 82.1x | 46.2x | 10.6x |
| Tue, 16 Jul 2024 | ₹8.5t | ₹693.9b | ₹149.5b | 86.8x | 56.9x | 12.3x |
| Thu, 13 Jun 2024 | ₹7.0t | ₹693.9b | ₹149.5b | 61x | 46.7x | 10.1x |
| Sat, 11 May 2024 | ₹5.5t | ₹631.4b | ₹124.9b | 59.3x | 43.7x | 8.6x |
| Mon, 08 Apr 2024 | ₹5.2t | ₹631.5b | ₹124.9b | 60.2x | 41.8x | 8.3x |
| Wed, 06 Mar 2024 | ₹4.9t | ₹631.5b | ₹124.9b | 63x | 39x | 7.7x |
| Fri, 02 Feb 2024 | ₹4.5t | ₹620.6b | ₹120.7b | 65.5x | 37.2x | 7.2x |
| Sun, 31 Dec 2023 | ₹4.4t | ₹618.7b | ₹117.6b | 58.9x | 37.1x | 7x |
| Tue, 28 Nov 2023 | ₹3.5t | ₹625.8b | ₹118.9b | 45.7x | 29.8x | 5.7x |
| Thu, 26 Oct 2023 | ₹3.0t | ₹612.2b | ₹114.4b | 45.7x | 26.6x | 5x |
| Sat, 23 Sep 2023 | ₹3.3t | ₹606.8b | ₹113.3b | 50.2x | 28.8x | 5.4x |
| Mon, 21 Aug 2023 | ₹3.1t | ₹606.8b | ₹113.3b | 48.8x | 27.5x | 5.1x |
| Wed, 19 Jul 2023 | ₹3.1t | ₹602.5b | ₹108.5b | 40.9x | 28.6x | 5.2x |
| Fri, 16 Jun 2023 | ₹2.8t | ₹600.6b | ₹108.1b | 33.7x | 25.7x | 4.6x |
| Sun, 14 May 2023 | ₹2.3t | ₹612.2b | ₹105.1b | 28.4x | 22x | 3.8x |
| Tue, 11 Apr 2023 | ₹2.1t | ₹586.1b | ₹107.8b | 26.5x | 19.9x | 3.7x |
| Thu, 09 Mar 2023 | ₹2.2t | ₹586.1b | ₹107.8b | 25.7x | 20x | 3.7x |
| Sat, 04 Feb 2023 | ₹2.0t | ₹589.4b | ₹106.8b | 27.2x | 18.4x | 3.3x |
| Mon, 02 Jan 2023 | ₹2.1t | ₹582.0b | ₹105.0b | 29.2x | 19.9x | 3.6x |
| Wed, 30 Nov 2022 | ₹2.2t | ₹582.0b | ₹105.0b | 29.3x | 21.3x | 3.8x |
| Fri, 28 Oct 2022 | ₹2.1t | ₹567.3b | ₹99.5b | 29x | 21.1x | 3.7x |
| Sun, 25 Sep 2022 | ₹2.0t | ₹567.3b | ₹99.5b | 25x | 20.1x | 3.5x |
Price to Earnings Ratio
20.1x
Current Industry PE
- Investors are optimistic on the Indian Aerospace & Defense industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 49.8x which is higher than its 3-year average PE of 35.1x.
- The 3-year average PS ratio of 7.3x is lower than the industry's current PS ratio of 11.0x.
Past Earnings Growth
- The earnings for companies in the Aerospace & Defense industry have grown 22% per year over the last three years.
- Revenues for these companies have grown 13% 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 | 1.96% | |
| Industrials | 3.83% | |
| Aerospace & Defense | 8.76% | |
| Aerospace and Defense | 8.76% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HAL Hindustan Aeronautics | ₹4.89k | 7.3% +₹222.5b | 10.2% | PE39.4x | |
| 500049 Bharat Electronics | ₹412.30 | 6.3% +₹177.6b | 45.8% | PE54.8x | |
| MAZDOCK Mazagon Dock Shipbuilders | ₹3.00k | 8.8% +₹97.5b | 43.5% | PE55.7x | |
| BDL Bharat Dynamics | ₹1.62k | 8.5% +₹46.9b | 39.3% | PE106.2x | |
| GRSE Garden Reach Shipbuilders & Engineers | ₹2.60k | 7.9% +₹21.8b | 51.6% | PE53.2x |
