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Sep 16
Indian (NIFTY) Aerospace & Defense Industry Analysis
UpdatedSep 23, 2023
DataAggregated Company Financials
Companies16
- 7D-1.8%
- 3M16.0%
- 1Y59.2%
- YTD51.4%
Over the last 7 days, the Aerospace & Defense industry has dropped 1.8%, driven by Hindustan Aeronautics declining 2.0%. This takes the industry's 12 month performance to a gain of 59%. As for the next few years, earnings are expected to grow by 13% 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 |
|---|---|---|---|---|---|---|
| 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 |
| Tue, 23 Aug 2022 | ₹1.8t | ₹567.4b | ₹99.5b | 21.5x | 17.8x | 3.1x |
| Thu, 21 Jul 2022 | ₹1.5t | ₹527.9b | ₹93.0b | 21.9x | 16.4x | 2.9x |
| Sat, 18 Jun 2022 | ₹1.5t | ₹513.0b | ₹89.6b | 20.4x | 16.7x | 2.9x |
| Mon, 16 May 2022 | ₹1.3t | ₹521.4b | ₹92.9b | 22.3x | 14.2x | 2.5x |
| Wed, 13 Apr 2022 | ₹1.5t | ₹503.3b | ₹78.0b | 26.1x | 18.9x | 2.9x |
| Fri, 11 Mar 2022 | ₹1.2t | ₹502.7b | ₹78.0b | 17.9x | 15.6x | 2.4x |
| Sun, 06 Feb 2022 | ₹1.2t | ₹492.0b | ₹74.6b | 24.5x | 16.4x | 2.5x |
| Tue, 04 Jan 2022 | ₹1.2t | ₹478.2b | ₹71.4b | 22.4x | 16.3x | 2.4x |
| Thu, 02 Dec 2021 | ₹1.1t | ₹475.4b | ₹70.5b | 20.6x | 16.1x | 2.4x |
| Sat, 30 Oct 2021 | ₹1.1t | ₹454.9b | ₹65.1b | 21.1x | 17.5x | 2.5x |
| Mon, 27 Sep 2021 | ₹1.1t | ₹453.4b | ₹65.0b | 19.5x | 17x | 2.4x |
| Wed, 25 Aug 2021 | ₹1.0t | ₹453.4b | ₹65.0b | 15.4x | 15.4x | 2.2x |
| Thu, 01 Jul 2021 | ₹920.9b | ₹453.4b | ₹65.0b | 13.4x | 14.2x | 2x |
| Sun, 04 Apr 2021 | ₹767.9b | ₹443.6b | ₹63.1b | 12.3x | 12.2x | 1.7x |
| Wed, 06 Jan 2021 | ₹709.8b | ₹430.8b | ₹54.4b | 15.3x | 13x | 1.6x |
| Sat, 10 Oct 2020 | ₹590.2b | ₹381.2b | ₹46.4b | 14.4x | 12.7x | 1.5x |
Price to Earnings Ratio
12.7x
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 28.8x which is higher than its 3-year average PE of 17.7x.
- The 3-year average PS ratio of 2.9x is lower than the industry's current PS ratio of 5.4x.
Past Earnings Growth
- The earnings for companies in the Aerospace & Defense industry have grown 35% per year over the last three years.
- Revenues for these companies have grown 17% 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 | -1.77% | |
| Industrials | -1.78% | |
| Aerospace & Defense | -1.79% | |
| Aerospace and Defense | -1.79% | |
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 | |
|---|---|---|---|---|---|
| 500049 Bharat Electronics | ₹136.05 | 0.3% +₹2.6b | 27.4% | PE31.5x |
