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Jun 08
Indian (NIFTY) Construction and Engineering Industry Analysis
UpdatedJun 08, 2023
DataAggregated Company Financials
Companies130
- 7D3.8%
- 3M9.3%
- 1Y40.8%
- YTD12.1%
In the last week, the Construction and Engineering industry is up 3.8%, with Larsen & Toubro up 6.0%. This takes the industry's 12 month performance to a gain of 41%. Looking forward, earnings are forecast to grow by 21% annually.
Industry Valuation and Performance
Has the Indian Construction and Engineering Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 08 Jun 2023 | ₹5.6t | ₹4.1t | ₹230.8b | 19.6x | 24.2x | 1.4x |
| Sat, 06 May 2023 | ₹5.6t | ₹4.0t | ₹211.1b | 20.1x | 26.5x | 1.4x |
| Mon, 03 Apr 2023 | ₹5.0t | ₹4.0t | ₹202.9b | 18.2x | 24.8x | 1.3x |
| Wed, 01 Mar 2023 | ₹4.9t | ₹4.0t | ₹202.8b | 17.9x | 24.4x | 1.2x |
| Fri, 27 Jan 2023 | ₹5.1t | ₹3.8t | ₹196.0b | 19.8x | 26.1x | 1.3x |
| Sun, 25 Dec 2022 | ₹4.7t | ₹3.8t | ₹185.9b | 18.3x | 25.5x | 1.3x |
| Tue, 22 Nov 2022 | ₹4.7t | ₹3.8t | ₹186.4b | 18.8x | 25x | 1.2x |
| Thu, 20 Oct 2022 | ₹4.4t | ₹3.7t | ₹159.6b | 18.7x | 27.8x | 1.2x |
| Sat, 17 Sep 2022 | ₹4.5t | ₹3.7t | ₹159.9b | 19.4x | 28.1x | 1.2x |
| Mon, 15 Aug 2022 | ₹4.4t | ₹3.7t | ₹159.3b | 18.8x | 27.4x | 1.2x |
| Wed, 13 Jul 2022 | ₹4.0t | ₹3.5t | ₹146.6b | 17.7x | 27.1x | 1.1x |
| Fri, 10 Jun 2022 | ₹3.9t | ₹3.5t | ₹147.4b | 17.6x | 26.7x | 1.1x |
| Sun, 08 May 2022 | ₹4.0t | ₹3.4t | ₹107.9b | 17.8x | 37.4x | 1.2x |
| Tue, 05 Apr 2022 | ₹4.5t | ₹3.4t | ₹106.5b | 18.6x | 42.1x | 1.3x |
| Thu, 03 Mar 2022 | ₹4.3t | ₹3.4t | ₹106.5b | 19.1x | 40.6x | 1.3x |
| Sat, 29 Jan 2022 | ₹4.6t | ₹3.4t | ₹119.5b | 20x | 38.8x | 1.4x |
| Mon, 27 Dec 2021 | ₹4.4t | ₹3.4t | ₹119.4b | 17.2x | 37.2x | 1.3x |
| Wed, 24 Nov 2021 | ₹4.6t | ₹3.4t | ₹117.8b | 17.9x | 38.7x | 1.3x |
| Fri, 22 Oct 2021 | ₹4.5t | ₹3.3t | ₹111.7b | 19.3x | 40.5x | 1.4x |
| Sun, 19 Sep 2021 | ₹4.3t | ₹3.3t | ₹114.7b | 18.3x | 37.2x | 1.3x |
| Tue, 17 Aug 2021 | ₹4.0t | ₹3.3t | ₹116.2b | 17.2x | 34.6x | 1.2x |
| Tue, 01 Jun 2021 | ₹3.6t | ₹3.0t | ₹86.1b | 18.4x | 41.3x | 1.2x |
| Fri, 05 Mar 2021 | ₹3.5t | ₹2.9t | ₹105.6b | 15.8x | 32.9x | 1.2x |
| Mon, 07 Dec 2020 | ₹2.7t | ₹2.8t | ₹62.7b | 12.8x | 42.6x | 0.9x |
| Thu, 10 Sep 2020 | ₹2.3t | ₹2.9t | ₹117.3b | 11.9x | 19.8x | 0.8x |
Price to Earnings Ratio
18.8x
Current Industry PE
- Investors are pessimistic on the Indian Construction and Engineering 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 24.2x which is lower than its 3-year average PE of 31.7x.
- The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Construction and Engineering industry have grown 25% per year over the last three years.
- Revenues for these companies have grown 13% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Construction and Engineering compare with similar industries?
| IN Market | 1.84% | |
| Industrials | 3.17% | |
| Construction | 3.83% | |
| Construction and Engineering | 3.83% | |
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 | |
|---|---|---|---|---|---|
| 500510 Larsen & Toubro | ₹2.34k | 6.0% +₹184.9b | 46.6% | PE31.8x | |
| RVNL Rail Vikas Nigam | ₹125.35 | 5.8% +₹14.4b | 294.8% | PE18.4x | |
| SWSOLAR Sterling and Wilson Renewable Energy | ₹314.15 | 9.6% +₹5.2b | -4.7% | PS3x | |
| 533169 Man Infraconstruction | ₹102.59 | 11.6% +₹4.0b | 13.3% | PE14.7x | |
| 531120 Patel Engineering | ₹29.51 | 14.6% +₹2.9b | 24.0% | PE12.4x |
