Bharat Dynamics' (NSE:BDL) Robust Earnings Are Supported By Other Strong Factors
Nov 19
Indian (NIFTY) Aerospace & Defense Industry Analysis
UpdatedNov 28, 2022
DataAggregated Company Financials
Companies13
- 7D2.2%
- 3M18.0%
- 1Y93.6%
- YTD86.8%
The Aerospace & Defense industry is up 2.2% in the last week, with Hindustan Aeronautics up 4.2%. In the last 12 months, the industry was up 94%. As for the next few years, earnings are expected to grow by 12% 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 |
|---|---|---|---|---|---|---|
| Mon, 28 Nov 2022 | ₹2.2t | ₹582.0b | ₹105.0b | 29.6x | 21.3x | 3.8x |
| Wed, 26 Oct 2022 | ₹2.1t | ₹567.3b | ₹99.5b | 29.4x | 20.8x | 3.7x |
| Fri, 23 Sep 2022 | ₹2.0t | ₹567.3b | ₹99.5b | 26x | 20.6x | 3.6x |
| Sun, 21 Aug 2022 | ₹1.8t | ₹567.4b | ₹99.5b | 21.6x | 17.8x | 3.1x |
| Tue, 19 Jul 2022 | ₹1.5t | ₹528.3b | ₹93.0b | 21.2x | 15.6x | 2.8x |
| Thu, 16 Jun 2022 | ₹1.5t | ₹513.0b | ₹89.6b | 20.9x | 16.8x | 2.9x |
| Sat, 14 May 2022 | ₹1.3t | ₹503.4b | ₹78.0b | 22.3x | 16.9x | 2.6x |
| Mon, 11 Apr 2022 | ₹1.4t | ₹503.3b | ₹78.0b | 24.7x | 18.3x | 2.8x |
| Wed, 09 Mar 2022 | ₹1.2t | ₹502.7b | ₹78.0b | 18.5x | 15.2x | 2.4x |
| Fri, 04 Feb 2022 | ₹1.2t | ₹492.0b | ₹74.6b | 25x | 16.6x | 2.5x |
| Sun, 02 Jan 2022 | ₹1.2t | ₹478.2b | ₹71.4b | 22.3x | 16.1x | 2.4x |
| Tue, 30 Nov 2021 | ₹1.1t | ₹475.4b | ₹70.5b | 20x | 15.7x | 2.3x |
| Thu, 28 Oct 2021 | ₹1.2t | ₹454.9b | ₹65.1b | 22.1x | 17.7x | 2.5x |
| Sat, 25 Sep 2021 | ₹1.1t | ₹453.4b | ₹65.0b | 19.5x | 17x | 2.4x |
| Mon, 23 Aug 2021 | ₹940.7b | ₹453.4b | ₹65.0b | 14.3x | 14.5x | 2.1x |
| Sat, 10 Jul 2021 | ₹920.9b | ₹453.4b | ₹65.0b | 13.4x | 14.2x | 2x |
| Fri, 02 Apr 2021 | ₹767.9b | ₹443.6b | ₹63.1b | 12.3x | 12.2x | 1.7x |
| Mon, 04 Jan 2021 | ₹709.8b | ₹430.8b | ₹54.4b | 15.3x | 13x | 1.6x |
| Thu, 08 Oct 2020 | ₹590.2b | ₹381.2b | ₹46.4b | 14.4x | 12.7x | 1.5x |
| Wed, 01 Jul 2020 | ₹563.7b | ₹367.9b | ₹46.8b | 14.4x | 12x | 1.5x |
| Sat, 04 Apr 2020 | ₹407.0b | ₹393.5b | ₹54.4b | 6.6x | 7.5x | 1x |
| Tue, 07 Jan 2020 | ₹568.2b | ₹367.0b | ₹47.4b | 12.1x | 12x | 1.5x |
Price to Earnings Ratio
11.6x
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 21.3x which is higher than its 3-year average PE of 14.3x.
- The 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 3.8x.
Past Earnings Growth
- The earnings for companies in the Aerospace & Defense industry have grown 27% 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 | 0.87% | |
| Industrials | 0.53% | |
| Aerospace & Defense | 2.19% | |
| Aerospace and Defense | 2.19% | |
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 | ₹2.73k | 4.2% +₹36.4b | 112.4% | PE15.5x | |
| 543237 Mazagon Dock Shipbuilders | ₹852.00 | 3.9% +₹6.4b | 213.9% | PE21.1x | |
| BDL Bharat Dynamics | ₹957.95 | 3.3% +₹5.6b | 147.2% | PE29.6x | |
| GRSE Garden Reach Shipbuilders & Engineers | ₹490.85 | 0.8% +₹469.7m | 116.2% | PE25.7x | |
| 500049 Bharat Electronics | ₹107.15 | 0.05% +₹365.5m | 62.5% | PE28.6x |