Indian (NIFTY) Aerospace and Defense Industry Analysis

UpdatedJul 17, 2025

DataAggregated Company Financials

Companies21

7D-4.1%
3M25.4%
1Y6.5%
YTDn/a

Over the last 7 days, the Aerospace and Defense industry has dropped 3.4%, driven by a pullback from Bharat Electronics of 3.1%. This takes the industry's 12 month performance to a gain of 4.9%. As for the next few years, earnings are expected to grow by 16% per annum.

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Thu, 17 Jul 2025	₹9.1t	₹796.6b	₹179.9b	73x	50.6x	11.4x
Sat, 14 Jun 2025	₹9.3t	₹796.2b	₹179.8b	71.9x	51.6x	11.6x
Mon, 12 May 2025	₹7.8t	₹783.1b	₹181.3b	59.3x	43x	9.9x
Wed, 09 Apr 2025	₹6.8t	₹782.3b	₹181.1b	51.2x	37.6x	8.7x
Fri, 07 Mar 2025	₹6.1t	₹782.3b	₹181.1b	45x	33.9x	7.8x
Sun, 02 Feb 2025	₹6.9t	₹750.7b	₹175.0b	66.7x	39.2x	9.1x
Tue, 31 Dec 2024	₹6.7t	₹735.4b	₹170.9b	69.4x	39.3x	9.1x
Thu, 28 Nov 2024	₹7.1t	₹730.7b	₹170.0b	61.9x	41.5x	9.7x
Sat, 26 Oct 2024	₹6.4t	₹709.4b	₹161.9b	62.4x	39.8x	9.1x
Mon, 23 Sep 2024	₹6.8t	₹709.0b	₹161.8b	74x	41.9x	9.6x
Wed, 21 Aug 2024	₹7.3t	₹709.0b	₹161.8b	82.2x	45.1x	10.3x
Fri, 19 Jul 2024	₹8.0t	₹693.9b	₹149.5b	86.2x	53.2x	11.5x
Sun, 16 Jun 2024	₹7.7t	₹693.9b	₹149.5b	72.7x	51.2x	11x
Tue, 14 May 2024	₹5.4t	₹631.4b	₹124.9b	58.5x	43.6x	8.6x
Thu, 11 Apr 2024	₹5.3t	₹631.5b	₹124.9b	62.5x	42.1x	8.3x
Sat, 09 Mar 2024	₹5.0t	₹631.5b	₹124.9b	62x	39.6x	7.8x
Mon, 05 Feb 2024	₹4.5t	₹620.4b	₹120.7b	64.6x	37.1x	7.2x
Wed, 03 Jan 2024	₹4.3t	₹618.7b	₹117.6b	58.8x	36.8x	7x
Fri, 01 Dec 2023	₹3.7t	₹625.8b	₹118.9b	45.9x	30.9x	5.9x
Sun, 29 Oct 2023	₹3.1t	₹613.9b	₹116.0b	46.8x	27.1x	5.1x
Tue, 26 Sep 2023	₹3.2t	₹606.8b	₹113.3b	51.3x	28.7x	5.3x
Thu, 24 Aug 2023	₹3.3t	₹606.8b	₹113.3b	49x	28.9x	5.4x
Sat, 22 Jul 2023	₹3.1t	₹602.5b	₹108.5b	41.1x	28.7x	5.2x
Mon, 19 Jun 2023	₹2.9t	₹600.6b	₹108.1b	33.9x	26.8x	4.8x
Wed, 17 May 2023	₹2.4t	₹612.5b	₹105.1b	28.8x	22.8x	3.9x
Fri, 14 Apr 2023	₹2.2t	₹586.1b	₹107.8b	26.8x	20.4x	3.8x
Sun, 12 Mar 2023	₹2.1t	₹586.1b	₹107.8b	25.8x	19.8x	3.6x
Tue, 07 Feb 2023	₹2.0t	₹589.4b	₹106.8b	28.1x	18.7x	3.4x
Thu, 05 Jan 2023	₹2.1t	₹582.0b	₹105.0b	29.1x	19.6x	3.5x
Sat, 03 Dec 2022	₹2.3t	₹582.0b	₹105.0b	29.9x	21.5x	3.9x
Mon, 31 Oct 2022	₹2.1t	₹570.1b	₹99.4b	28.5x	20.9x	3.7x
Wed, 28 Sep 2022	₹1.9t	₹567.3b	₹99.5b	23.5x	18.8x	3.3x
Fri, 26 Aug 2022	₹1.8t	₹567.4b	₹99.5b	22.2x	18x	3.2x
Sun, 24 Jul 2022	₹1.6t	₹527.9b	₹93.0b	22.6x	16.9x	3x

Price to Earnings Ratio

16.9x

Sun, 24 Jul 2022

Current Industry PE

Investors are optimistic on the Indian Aerospace and Defense industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 50.8x which is higher than its 3-year average PE of 33.4x.

The 3-year average PS ratio of 6.9x is lower than the industry's current PS ratio of 11.5x.

Past Earnings Growth

The earnings for companies in the Aerospace and Defense industry have grown 25% per year over the last three years.
Revenues for these companies have grown 15% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.