Indian Railway Catering & Tourism (NSE:IRCTC) Is Achieving High Returns On Its Capital
Oct 12
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Indian (NIFTY) Commercial Services Industry Analysis
UpdatedOct 14, 2024
DataAggregated Company Financials
Companies62
- 7D1.4%
- 3M-5.6%
- 1Y29.6%
- YTD14.0%
Indian Railway Catering & Tourism is up 3.2%, leading the way for the Commercial Services industry, which has gained 1.4%. In the last 12 months, the industry was up 30%. Looking forward, earnings are forecast to grow by 16% annually.
Industry Valuation and Performance
Has the Indian Commercial Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 15 Oct 2024 | ₹1.4t | ₹354.3b | ₹28.1b | 34.3x | 49.9x | 4x |
| Thu, 12 Sep 2024 | ₹1.4t | ₹353.9b | ₹28.0b | 33.8x | 51.1x | 4x |
| Sat, 10 Aug 2024 | ₹1.4t | ₹350.7b | ₹26.9b | 30.3x | 52.2x | 4x |
| Mon, 08 Jul 2024 | ₹1.5t | ₹345.3b | ₹26.5b | 33.4x | 55x | 4.2x |
| Wed, 05 Jun 2024 | ₹1.2t | ₹346.1b | ₹26.4b | 28.3x | 47x | 3.6x |
| Fri, 03 May 2024 | ₹1.4t | ₹336.0b | ₹25.5b | 33.6x | 54.9x | 4.2x |
| Sun, 31 Mar 2024 | ₹1.2t | ₹330.3b | ₹26.4b | 26.4x | 46.5x | 3.7x |
| Tue, 27 Feb 2024 | ₹1.3t | ₹323.4b | ₹26.1b | 30.6x | 49.1x | 4x |
| Thu, 25 Jan 2024 | ₹1.3t | ₹315.3b | ₹25.5b | 32.4x | 50.3x | 4.1x |
| Sat, 23 Dec 2023 | ₹1.2t | ₹313.9b | ₹26.0b | 32.2x | 45.8x | 3.8x |
| Mon, 20 Nov 2023 | ₹910.8b | ₹285.1b | ₹22.5b | 31.1x | 40.4x | 3.2x |
| Wed, 18 Oct 2023 | ₹910.5b | ₹281.9b | ₹23.6b | 32.3x | 38.6x | 3.2x |
| Fri, 15 Sep 2023 | ₹854.1b | ₹264.5b | ₹25.3b | 32x | 33.7x | 3.2x |
| Sun, 13 Aug 2023 | ₹823.3b | ₹264.0b | ₹25.3b | 24.1x | 32.5x | 3.1x |
| Tue, 11 Jul 2023 | ₹777.5b | ₹256.5b | ₹25.0b | 29.3x | 31.1x | 3x |
| Thu, 08 Jun 2023 | ₹780.4b | ₹261.0b | ₹25.0b | 29.7x | 31.2x | 3x |
| Sat, 06 May 2023 | ₹733.0b | ₹249.5b | ₹24.1b | 22.6x | 30.5x | 2.9x |
| Mon, 03 Apr 2023 | ₹673.0b | ₹246.0b | ₹24.1b | 21.2x | 27.9x | 2.7x |
| Wed, 01 Mar 2023 | ₹720.1b | ₹249.9b | ₹24.6b | 21.2x | 29.2x | 2.9x |
| Fri, 27 Jan 2023 | ₹752.2b | ₹243.8b | ₹25.0b | 23.2x | 30.1x | 3.1x |
| Sun, 25 Dec 2022 | ₹711.2b | ₹240.1b | ₹24.4b | 22.1x | 29.1x | 3x |
| Tue, 22 Nov 2022 | ₹821.4b | ₹239.8b | ₹24.4b | 26.8x | 33.6x | 3.4x |
| Thu, 20 Oct 2022 | ₹846.4b | ₹231.2b | ₹22.7b | 25.7x | 37.2x | 3.7x |
| Sat, 17 Sep 2022 | ₹812.6b | ₹231.2b | ₹22.7b | 25.4x | 35.7x | 3.5x |
| Mon, 15 Aug 2022 | ₹780.2b | ₹222.9b | ₹19.5b | 19.3x | 40x | 3.5x |
| Wed, 13 Jul 2022 | ₹714.8b | ₹211.8b | ₹17.8b | 19.4x | 40.1x | 3.4x |
| Fri, 10 Jun 2022 | ₹757.0b | ₹212.1b | ₹18.0b | 19.6x | 42.1x | 3.6x |
| Sun, 08 May 2022 | ₹824.6b | ₹189.8b | ₹13.9b | 24.2x | 59.4x | 4.3x |
| Tue, 05 Apr 2022 | ₹926.6b | ₹187.8b | ₹13.9b | 23.8x | 66.6x | 4.9x |
| Thu, 03 Mar 2022 | ₹891.2b | ₹187.7b | ₹13.9b | 23.6x | 64.2x | 4.7x |
| Sat, 29 Jan 2022 | ₹960.9b | ₹164.8b | ₹10.7b | 22.9x | 89.5x | 5.8x |
| Mon, 27 Dec 2021 | ₹887.1b | ₹164.5b | ₹10.7b | 20x | 83x | 5.4x |
| Wed, 24 Nov 2021 | ₹919.3b | ₹164.3b | ₹10.6b | 19.6x | 86.4x | 5.6x |
| Fri, 22 Oct 2021 | ₹920.6b | ₹157.1b | ₹9.4b | 20.6x | 97.7x | 5.9x |
Price to Earnings Ratio
97.7x
Current Industry PE
- Investors are relatively neutral on the Indian Commercial Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 47.1x.
- The industry is trading close to its 3-year average PS ratio of 3.8x.
Past Earnings Growth
- The earnings for companies in the Commercial Services industry have grown 44% per year over the last three years.
- Revenues for these companies have grown 31% 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 | 0.37% | |
| Industrials | 2.17% | |
| Commercial Services | 1.44% | |
| Office Services and Supplies | 3.16% | |
| Diversified Support Services | 1.48% | |
| Commercial Printing | 1.14% | |
| Environmental and Facilities Services | -0.082% | |
| Security and Alarm Services | -0.15% | |
Industry PE
- Investors are most optimistic about the Commercial Printing industry which is trading above its 3-year average PE ratio of 60.8x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Security and Alarm Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 21.0x.
Forecasted Growth
- Analysts are most optimistic on the Security and Alarm Services industry, expecting annual earnings growth of 32% over the next 5 years.
- This is better than its past earnings decline of 33% per year.
- In contrast, the Diversified Support Services industry is expected to see its earnings grow by 14% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| IRCTC Indian Railway Catering & Tourism | ₹885.00 | 3.2% +₹21.8b | 25.8% | PE59.7x | |
| DOMS DOMS Industries | ₹2.79k | 13.0% +₹19.5b | n/a | PE99.4x | |
| EMSLIMITED EMS | ₹806.75 | 8.1% +₹3.4b | 153.3% | PE26.9x | |
| GKWLIMITED GKW | ₹3.27k | 14.8% +₹2.5b | 222.5% | PE164.3x | |
| 500214 Ion Exchange (India) | ₹639.30 | 3.0% +₹2.3b | 8.9% | PE37.8x |
