Narrative Update • Jun 03

In the last week, the Commercial Services industry is up 1.6%, with Indian Railway Catering & Tourism up 3.7%. However, the industry is down 24% over the past year. As for the next few years, earnings are expected to grow by 15% per annum.
Has the Indian Commercial Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 07 Jun 2026 | ₹969.7b | ₹496.0b | ₹33.5b | 19.8x | 29x | 2x |
| Tue, 05 May 2026 | ₹1.0t | ₹468.2b | ₹30.3b | 19.3x | 33.2x | 2.2x |
| Thu, 02 Apr 2026 | ₹889.2b | ₹468.1b | ₹30.6b | 16.8x | 29.1x | 1.9x |
| Sat, 28 Feb 2026 | ₹963.7b | ₹468.1b | ₹30.6b | 19.8x | 31.5x | 2.1x |
| Mon, 26 Jan 2026 | ₹1.0t | ₹454.2b | ₹31.0b | 18x | 32.8x | 2.2x |
| Wed, 24 Dec 2025 | ₹1.1t | ₹454.0b | ₹31.0b | 18.6x | 35.8x | 2.4x |
| Fri, 21 Nov 2025 | ₹1.1t | ₹449.1b | ₹31.1b | 17.2x | 35.2x | 2.4x |
| Sun, 19 Oct 2025 | ₹1.1t | ₹437.1b | ₹30.3b | 19.9x | 37.2x | 2.6x |
| Tue, 16 Sep 2025 | ₹1.2t | ₹438.1b | ₹30.4b | 23x | 39x | 2.7x |
| Thu, 14 Aug 2025 | ₹1.2t | ₹406.8b | ₹31.6b | 21.4x | 37.1x | 2.9x |
| Sat, 12 Jul 2025 | ₹1.3t | ₹397.9b | ₹31.1b | 22.9x | 40.3x | 3.2x |
| Mon, 09 Jun 2025 | ₹1.2t | ₹394.7b | ₹30.7b | 23.2x | 39.5x | 3.1x |
| Wed, 07 May 2025 | ₹1.1t | ₹386.5b | ₹29.0b | 22.4x | 39.6x | 3x |
| Fri, 04 Apr 2025 | ₹1.2t | ₹382.0b | ₹30.6b | 21.5x | 38.2x | 3.1x |
| Sun, 02 Mar 2025 | ₹1.1t | ₹382.0b | ₹30.6b | 20.9x | 35.2x | 2.8x |
| Tue, 28 Jan 2025 | ₹1.2t | ₹369.8b | ₹29.0b | 27.4x | 40.1x | 3.1x |
| Thu, 26 Dec 2024 | ₹1.3t | ₹364.3b | ₹28.8b | 29.8x | 44.8x | 3.5x |
| Sat, 23 Nov 2024 | ₹1.3t | ₹364.2b | ₹28.8b | 28.9x | 45.2x | 3.6x |
| Mon, 21 Oct 2024 | ₹1.4t | ₹354.3b | ₹28.1b | 34.5x | 50.5x | 4x |
| Wed, 18 Sep 2024 | ₹1.5t | ₹354.4b | ₹28.0b | 32.3x | 51.8x | 4.1x |
| Fri, 16 Aug 2024 | ₹1.4t | ₹353.6b | ₹27.9b | 33.4x | 49.6x | 3.9x |
| Sun, 14 Jul 2024 | ₹1.5t | ₹345.3b | ₹26.5b | 30.7x | 55.8x | 4.3x |
| Tue, 11 Jun 2024 | ₹1.3t | ₹345.4b | ₹26.5b | 29.3x | 50.1x | 3.8x |
| Thu, 09 May 2024 | ₹1.3t | ₹335.7b | ₹25.5b | 31.8x | 52.5x | 4x |
| Sat, 06 Apr 2024 | ₹1.3t | ₹332.0b | ₹26.5b | 31.8x | 50.3x | 4x |
| Mon, 04 Mar 2024 | ₹1.2t | ₹323.2b | ₹26.1b | 30.2x | 47.7x | 3.8x |
| Wed, 31 Jan 2024 | ₹1.3t | ₹316.9b | ₹25.7b | 30.2x | 50x | 4x |
| Fri, 29 Dec 2023 | ₹1.2t | ₹313.9b | ₹26.0b | 31.7x | 45.4x | 3.8x |
| Sun, 26 Nov 2023 | ₹905.9b | ₹285.1b | ₹22.5b | 31.3x | 40.2x | 3.2x |
| Tue, 24 Oct 2023 | ₹861.6b | ₹277.3b | ₹22.5b | 35.3x | 38.3x | 3.1x |
| Thu, 21 Sep 2023 | ₹840.1b | ₹264.6b | ₹25.3b | 29.4x | 33.2x | 3.2x |
| Sat, 19 Aug 2023 | ₹805.8b | ₹264.5b | ₹25.3b | 27.6x | 31.8x | 3x |
| Mon, 17 Jul 2023 | ₹788.0b | ₹256.6b | ₹25.0b | 28.7x | 31.5x | 3.1x |
| Wed, 14 Jun 2023 | ₹774.1b | ₹256.3b | ₹25.0b | 30.2x | 31x | 3x |
31x
Which industries have driven the changes within the Indian Industrials industry?
| IN Market | -0.83% | |
| Industrials | -0.65% | |
| Commercial Services | 1.60% | |
| Diversified Support Services | 4.53% | |
| Security and Alarm Services | 1.86% | |
| Commercial Printing | 0.53% | |
| Office Services and Supplies | -3.00% | |
| Environmental and Facilities Services | -4.35% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| IRCTC Indian Railway Catering & Tourism | ₹528.60 | 3.7% +₹15.0b | -32.2% | PE30.3x | |
| IBULLSLTD Indiabulls | ₹23.24 | 10.5% +₹5.1b | 47.7% | PE19.7x | |
| BLUSPRING Bluspring Enterprises | ₹93.35 | 18.1% +₹2.1b | n/a | PS0.4x | |
| SIS SIS | ₹417.05 | 3.5% +₹2.0b | 12.7% | PE42.8x | |
| UDS Updater Services | ₹193.04 | 12.2% +₹1.4b | -36.8% | PE15.1x |