Narrative Update • Sep 03

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.
Has the Indian Aerospace & Defense Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 13 Sep 2026 | ₹9.0t | ₹935.9b | ₹202.5b | 66.8x | 44.7x | 9.7x |
| Tue, 11 Aug 2026 | ₹9.2t | ₹926.7b | ₹199.3b | 57.4x | 46x | 9.9x |
| Thu, 09 Jul 2026 | ₹8.8t | ₹901.7b | ₹197.5b | 56.2x | 44.4x | 9.7x |
| Sat, 06 Jun 2026 | ₹8.5t | ₹906.7b | ₹197.5b | 49.2x | 43.2x | 9.4x |
| Mon, 04 May 2026 | ₹8.9t | ₹897.3b | ₹194.2b | 59.3x | 45.9x | 9.9x |
| Wed, 01 Apr 2026 | ₹7.4t | ₹889.6b | ₹193.5b | 48x | 38.1x | 8.3x |
| Fri, 27 Feb 2026 | ₹8.4t | ₹889.7b | ₹193.5b | 54.2x | 43.2x | 9.4x |
| Sun, 25 Jan 2026 | ₹8.2t | ₹856.6b | ₹185.6b | 52.3x | 44.2x | 9.6x |
| Tue, 23 Dec 2025 | ₹8.4t | ₹856.3b | ₹185.6b | 55.9x | 45.1x | 9.8x |
| Thu, 20 Nov 2025 | ₹8.9t | ₹840.1b | ₹185.2b | 58.2x | 48.2x | 10.6x |
| Sat, 18 Oct 2025 | ₹8.9t | ₹810.7b | ₹178.9b | 54.9x | 49.8x | 11x |
| Mon, 15 Sep 2025 | ₹8.8t | ₹810.7b | ₹178.9b | 55.1x | 49.2x | 10.9x |
| Wed, 13 Aug 2025 | ₹8.2t | ₹803.9b | ₹179.0b | 53.5x | 45.9x | 10.2x |
| Fri, 11 Jul 2025 | ₹9.3t | ₹796.6b | ₹179.9b | 74.3x | 51.9x | 11.7x |
| Sun, 08 Jun 2025 | ₹9.4t | ₹796.2b | ₹179.8b | 70.6x | 52x | 11.8x |
| Tue, 06 May 2025 | ₹7.9t | ₹782.8b | ₹181.2b | 59.6x | 43.8x | 10.1x |
| Thu, 03 Apr 2025 | ₹7.1t | ₹782.3b | ₹181.1b | 54.1x | 39.1x | 9x |
| Sat, 01 Mar 2025 | ₹5.5t | ₹774.4b | ₹178.9b | 45x | 30.9x | 7.1x |
| Mon, 27 Jan 2025 | ₹6.5t | ₹735.3b | ₹170.8b | 65.5x | 38.1x | 8.8x |
| Wed, 25 Dec 2024 | ₹6.9t | ₹733.3b | ₹170.3b | 64.4x | 40.4x | 9.4x |
| Fri, 22 Nov 2024 | ₹6.3t | ₹730.7b | ₹170.0b | 56.3x | 37x | 8.6x |
| Sun, 20 Oct 2024 | ₹7.0t | ₹709.4b | ₹161.9b | 66.5x | 43.1x | 9.8x |
| Tue, 17 Sep 2024 | ₹7.1t | ₹709.0b | ₹161.8b | 79.7x | 43.6x | 10x |
| Thu, 15 Aug 2024 | ₹7.3t | ₹702.9b | ₹151.8b | 81.4x | 48.4x | 10.4x |
| Sat, 13 Jul 2024 | ₹8.6t | ₹693.9b | ₹149.5b | 89.6x | 57.2x | 12.3x |
| Mon, 10 Jun 2024 | ₹6.9t | ₹693.9b | ₹149.5b | 56.4x | 46x | 9.9x |
| Wed, 08 May 2024 | ₹5.3t | ₹631.4b | ₹124.9b | 60x | 42.8x | 8.5x |
| Fri, 05 Apr 2024 | ₹5.2t | ₹631.5b | ₹124.9b | 61x | 41.3x | 8.2x |
| Sun, 03 Mar 2024 | ₹4.8t | ₹631.5b | ₹124.9b | 67x | 38.3x | 7.6x |
| Tue, 30 Jan 2024 | ₹4.5t | ₹620.0b | ₹118.1b | 64.4x | 38.5x | 7.3x |
| Thu, 28 Dec 2023 | ₹4.4t | ₹618.7b | ₹117.6b | 60.5x | 37.1x | 7x |
| Sat, 25 Nov 2023 | ₹3.5t | ₹625.8b | ₹118.9b | 45.7x | 29.8x | 5.7x |
| Mon, 23 Oct 2023 | ₹3.2t | ₹612.2b | ₹114.4b | 47.6x | 28.1x | 5.3x |
| Wed, 20 Sep 2023 | ₹3.3t | ₹606.8b | ₹113.3b | 52.6x | 29.5x | 5.5x |
29.5x
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% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HAL Hindustan Aeronautics | ₹4.91k | 1.0% +₹32.8b | 3.4% | PE35.2x | |
| DATAPATTNS Data Patterns (India) | ₹4.83k | 5.3% +₹13.7b | 78.1% | PE100.9x | |
| APOLLO Apollo Micro Systems | ₹422.25 | 8.6% +₹13.0b | 31.0% | PE135.8x | |
| UNIMECH Unimech Aerospace and Manufacturing | ₹1.61k | 7.1% +₹5.5b | 49.5% | PE113.7x | |
| ROSSTECH Rossell Techsys | ₹1.21k | 5.5% +₹2.4b | 62.8% | PE177.9x |