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Aug 22
Indian (NIFTY) Aerospace & Defense Industry Analysis
UpdatedAug 22, 2024
DataAggregated Company Financials
Companies16
- 7D0.4%
- 3M4.1%
- 1Y124.1%
- YTD67.5%
The Aerospace & Defense is pretty flat in the last 7 days, but Bharat Electronics has stood out, gaining 3.7%. As for the the longer term, the industry is up 124% over the past 12 months. As for the next few years, earnings are expected to grow by 11% 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, 22 Aug 2024 | ₹7.4t | ₹709.0b | ₹161.8b | 82.9x | 45.5x | 10.4x |
| Sat, 20 Jul 2024 | ₹7.8t | ₹693.9b | ₹149.5b | 83.3x | 51.9x | 11.2x |
| Mon, 17 Jun 2024 | ₹7.7t | ₹693.9b | ₹149.5b | 72.7x | 51.2x | 11x |
| Wed, 15 May 2024 | ₹5.7t | ₹631.4b | ₹124.9b | 62.2x | 45.5x | 9x |
| Fri, 12 Apr 2024 | ₹5.3t | ₹631.5b | ₹124.9b | 62.5x | 42.1x | 8.3x |
| Sun, 10 Mar 2024 | ₹5.0t | ₹631.5b | ₹124.9b | 62x | 39.6x | 7.8x |
| Tue, 06 Feb 2024 | ₹4.4t | ₹620.4b | ₹120.7b | 63.8x | 36.5x | 7.1x |
| Thu, 04 Jan 2024 | ₹4.4t | ₹618.7b | ₹117.6b | 59.4x | 37.3x | 7.1x |
| Sat, 02 Dec 2023 | ₹3.8t | ₹625.8b | ₹118.9b | 47.4x | 31.5x | 6x |
| Mon, 30 Oct 2023 | ₹3.1t | ₹613.9b | ₹116.0b | 46.8x | 27.1x | 5.1x |
| Wed, 27 Sep 2023 | ₹3.3t | ₹606.8b | ₹113.3b | 51.9x | 29.1x | 5.4x |
| Fri, 25 Aug 2023 | ₹3.3t | ₹606.8b | ₹113.3b | 50.8x | 28.7x | 5.4x |
| Sun, 23 Jul 2023 | ₹3.1t | ₹602.5b | ₹108.5b | 41.1x | 28.7x | 5.2x |
| Tue, 20 Jun 2023 | ₹2.9t | ₹600.6b | ₹108.1b | 38.9x | 27.1x | 4.9x |
| Thu, 18 May 2023 | ₹2.4t | ₹612.5b | ₹105.1b | 28.7x | 22.9x | 3.9x |
| Sat, 15 Apr 2023 | ₹2.2t | ₹586.1b | ₹107.8b | 26.8x | 20.4x | 3.8x |
| Mon, 13 Mar 2023 | ₹2.1t | ₹586.1b | ₹107.8b | 25.8x | 19.8x | 3.6x |
| Wed, 08 Feb 2023 | ₹2.0t | ₹589.4b | ₹106.8b | 27.5x | 18.8x | 3.4x |
| Fri, 06 Jan 2023 | ₹2.1t | ₹582.0b | ₹105.0b | 29x | 19.9x | 3.6x |
| Sun, 04 Dec 2022 | ₹2.3t | ₹582.0b | ₹105.0b | 29.9x | 21.5x | 3.9x |
| Tue, 01 Nov 2022 | ₹2.1t | ₹570.1b | ₹99.4b | 28.2x | 21x | 3.7x |
| Thu, 29 Sep 2022 | ₹1.9t | ₹567.3b | ₹99.5b | 23.7x | 18.7x | 3.3x |
| Sat, 27 Aug 2022 | ₹1.8t | ₹567.4b | ₹99.5b | 22.8x | 18.6x | 3.3x |
| Mon, 25 Jul 2022 | ₹1.6t | ₹527.9b | ₹93.0b | 22.6x | 16.9x | 3x |
| Wed, 22 Jun 2022 | ₹1.4t | ₹513.0b | ₹89.6b | 20.1x | 16.1x | 2.8x |
| Fri, 20 May 2022 | ₹1.4t | ₹511.6b | ₹92.9b | 23x | 15.2x | 2.8x |
| Sun, 17 Apr 2022 | ₹1.5t | ₹503.3b | ₹78.0b | 25.1x | 19x | 2.9x |
| Tue, 15 Mar 2022 | ₹1.2t | ₹502.7b | ₹78.0b | 18.5x | 15.5x | 2.4x |
| Thu, 10 Feb 2022 | ₹1.2t | ₹491.9b | ₹74.6b | 21.3x | 16.3x | 2.5x |
| Sat, 08 Jan 2022 | ₹1.2t | ₹478.2b | ₹71.4b | 22.1x | 16.4x | 2.4x |
| Mon, 06 Dec 2021 | ₹1.1t | ₹475.4b | ₹70.5b | 20.9x | 16.1x | 2.4x |
| Wed, 03 Nov 2021 | ₹1.1t | ₹459.7b | ₹67.4b | n/a | 16.8x | 2.5x |
| Fri, 01 Oct 2021 | ₹1.1t | ₹453.4b | ₹65.0b | 20.1x | 17x | 2.4x |
| Sun, 29 Aug 2021 | ₹1.1t | ₹453.4b | ₹65.0b | 15.1x | 16.3x | 2.3x |
Price to Earnings Ratio
16.3x
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 45.5x which is higher than its 3-year average PE of 25.8x.
- The 3-year average PS ratio of 4.8x is lower than the industry's current PS ratio of 10.4x.
Past Earnings Growth
- The earnings for companies in the Aerospace & Defense industry have grown 36% 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 | 3.38% | |
| Industrials | 2.69% | |
| Aerospace & Defense | 0.36% | |
| Aerospace and Defense | 0.36% | |
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 | ₹304.55 | 3.7% +₹80.0b | 126.8% | PE52.5x | |
| HAL Hindustan Aeronautics | ₹4.77k | 2.3% +₹71.2b | 140.5% | PE38.7x | |
| PARAS Paras Defence and Space Technologies | ₹1.29k | 12.5% +₹5.6b | 70.0% | PE123.4x | |
| IDEAFORGE ideaForge Technology | ₹714.50 | 6.9% +₹2.0b | -28.4% | PE111.5x | |
| DCXINDIA DCX Systems | ₹345.90 | 4.6% +₹1.7b | 19.3% | PE55.7x |
