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Indian (NIFTY) Commercial Services Industry Analysis

UpdatedMar 01, 2026
DataAggregated Company Financials
Companies69
  • 7D-6.4%
  • 3M-14.3%
  • 1Y-15.0%
  • YTD-13.8%

Over the last 7 days, the Commercial Services industry has dropped 6.4%, driven by Indian Railway Catering & Tourism declining 12%. Meanwhile, Indiabulls actually outperformed within the industry, gaining 10% in the last week. Overall the industry is down 15% in 12 months. Looking forward, earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

Has the Indian Commercial Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 01 Mar 2026₹963.2b₹468.0b₹30.6b19.3x31.5x2.1x
Tue, 27 Jan 2026₹1.0t₹454.2b₹31.0b18x32.8x2.2x
Thu, 25 Dec 2025₹1.1t₹454.0b₹31.0b18.7x35.8x2.4x
Sat, 22 Nov 2025₹1.1t₹449.1b₹31.1b17.1x34.7x2.4x
Mon, 20 Oct 2025₹1.1t₹437.0b₹30.3b19.9x37.2x2.6x
Wed, 17 Sep 2025₹1.2t₹438.1b₹30.4b21.9x38.8x2.7x
Fri, 15 Aug 2025₹1.2t₹407.3b₹31.8b20.7x36.7x2.9x
Sun, 13 Jul 2025₹1.2t₹397.9b₹31.1b23.1x39.9x3.1x
Tue, 10 Jun 2025₹1.2t₹394.7b₹30.7b23.2x39.9x3.1x
Thu, 08 May 2025₹1.2t₹386.5b₹29.0b23.5x39.9x3x
Sat, 05 Apr 2025₹1.1t₹382.0b₹30.6b21.3x37x3x
Mon, 03 Mar 2025₹1.1t₹382.0b₹30.6b20.9x35.2x2.8x
Wed, 29 Jan 2025₹1.2t₹371.6b₹29.2b26.2x40x3.1x
Fri, 27 Dec 2024₹1.3t₹364.3b₹28.8b29.3x44.4x3.5x
Sun, 24 Nov 2024₹1.3t₹364.2b₹28.8b28.9x45.2x3.6x
Tue, 22 Oct 2024₹1.4t₹354.3b₹28.1b35x49.3x3.9x
Thu, 19 Sep 2024₹1.4t₹354.4b₹28.0b32.1x50.8x4x
Sat, 17 Aug 2024₹1.4t₹353.5b₹27.9b33.1x50.1x4x
Mon, 15 Jul 2024₹1.5t₹345.3b₹26.5b30.7x55.8x4.3x
Wed, 12 Jun 2024₹1.3t₹344.6b₹26.5b29.2x50.4x3.9x
Fri, 10 May 2024₹1.3t₹335.7b₹25.5b31.1x51.5x3.9x
Sun, 07 Apr 2024₹1.3t₹332.0b₹26.5b31.8x50.3x4x
Tue, 05 Mar 2024₹1.2t₹323.2b₹26.1b29.8x47.6x3.8x
Thu, 01 Feb 2024₹1.3t₹317.0b₹25.7b30.6x50.3x4.1x
Sat, 30 Dec 2023₹1.2t₹313.9b₹26.0b31.1x46.1x3.8x
Mon, 27 Nov 2023₹905.9b₹285.1b₹22.5b31.3x40.2x3.2x
Wed, 25 Oct 2023₹861.6b₹277.3b₹22.5b35.3x38.3x3.1x
Fri, 22 Sep 2023₹849.1b₹270.0b₹26.4b27.8x32.1x3.1x
Sun, 20 Aug 2023₹806.4b₹264.5b₹25.3b27.6x31.9x3x
Tue, 18 Jul 2023₹789.2b₹256.6b₹25.0b28.4x31.5x3.1x
Thu, 15 Jun 2023₹773.7b₹256.3b₹25.0b30.1x31x3x
Sat, 13 May 2023₹743.4b₹249.8b₹24.1b24.3x30.8x3x
Mon, 10 Apr 2023₹679.7b₹246.0b₹24.1b21.6x28.2x2.8x
Wed, 08 Mar 2023₹728.1b₹249.9b₹24.6b22.2x29.5x2.9x
Price to Earnings Ratio

29.5x


Total Market Cap: ₹728.1bTotal Earnings: ₹24.6bTotal Revenue: ₹249.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Commercial Services Industry Price to Earnings3Y Average 40.6x202420252026
Current Industry PE
  • Investors are pessimistic on the Indian Commercial Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 31.5x which is lower than its 3-year average PE of 40.6x.
  • The 3-year average PS ratio of 3.3x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Commercial Services industry have grown 7.5% per year over the last three years.
  • Revenues for these companies have grown 23% 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-0.79%
Industrials0.12%
Commercial Services-6.39%
Security and Alarm Services2.50%
Office Services and Supplies-0.13%
Environmental and Facilities Services-3.55%
Commercial Printing-4.66%
Diversified Support Services-9.87%
Industry PE
  • Investors are most optimistic about the Office Services and Supplies industry, which is trading close to its 3-year average PE ratio of 43.0x.
    • Analysts are expecting annual earnings growth of 21.1%, which is higher than its past year's earnings growth of 15.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Security and Alarm Services industry, expecting annual earnings growth of 89% over the next 5 years.
  • This is better than its past earnings growth rate of 37% per year.
  • In contrast, the Environmental and Facilities Services industry is expected to see its earnings grow by 3.9% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
IBULLSLTD Indiabulls₹10.4510.3%
+₹2.3b
-21.7%PE22.9x
SIS SIS₹305.302.9%
+₹1.2b
0.1%PS0.3x
DOMS DOMS Industries₹2.33k0.8%
+₹1.2b
-3.1%PE63.8x
KAPSTON Kapston Services₹411.554.5%
+₹363.2m
89.8%PE31.3x
KRYSTAL Krystal Integrated Services₹625.852.6%
+₹220.8m
42.1%PE20x

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