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Indian (NIFTY) Construction and Engineering Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies154
- 7D-0.8%
- 3M12.2%
- 1Y75.9%
- YTDn/a
In the last week, the Construction and Engineering industry is flat overall, with Rail Vikas Nigam standing out by going down 10%. As for the the longer term, the industry is up 76% over the past 12 months. Earnings are forecast to grow by 20% 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 |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | ₹11.2t | ₹4.9t | ₹286.0b | 29.9x | 39x | 2.3x |
| Sun, 23 Jun 2024 | ₹10.6t | ₹4.8t | ₹281.9b | 28.3x | 37.5x | 2.2x |
| Tue, 21 May 2024 | ₹9.8t | ₹4.8t | ₹278.9b | 27.4x | 35.2x | 2.1x |
| Thu, 18 Apr 2024 | ₹9.3t | ₹4.5t | ₹271.8b | 26.5x | 34.2x | 2x |
| Sat, 16 Mar 2024 | ₹8.6t | ₹4.5t | ₹270.0b | 24.7x | 32x | 1.9x |
| Mon, 12 Feb 2024 | ₹8.7t | ₹4.5t | ₹267.9b | 27.9x | 32.5x | 1.9x |
| Wed, 10 Jan 2024 | ₹8.3t | ₹4.4t | ₹262.0b | 25.5x | 31.8x | 1.9x |
| Fri, 08 Dec 2023 | ₹7.8t | ₹4.4t | ₹262.0b | 23.8x | 29.8x | 1.8x |
| Sun, 05 Nov 2023 | ₹6.9t | ₹4.4t | ₹252.9b | 21.8x | 27.1x | 1.6x |
| Tue, 03 Oct 2023 | ₹7.1t | ₹4.3t | ₹247.9b | 22x | 28.7x | 1.6x |
| Thu, 31 Aug 2023 | ₹6.6t | ₹4.3t | ₹245.2b | 21.7x | 26.7x | 1.5x |
| Sat, 29 Jul 2023 | ₹6.2t | ₹4.2t | ₹241.9b | 21.5x | 25.8x | 1.5x |
| Mon, 26 Jun 2023 | ₹5.7t | ₹4.1t | ₹233.3b | 19.6x | 24.3x | 1.4x |
| Wed, 24 May 2023 | ₹5.3t | ₹4.1t | ₹218.3b | 19.5x | 24.2x | 1.3x |
| Fri, 21 Apr 2023 | ₹5.2t | ₹4.0t | ₹202.9b | 19.2x | 25.8x | 1.3x |
| Sun, 19 Mar 2023 | ₹5.1t | ₹4.0t | ₹202.8b | 18.5x | 25.2x | 1.3x |
| Tue, 14 Feb 2023 | ₹5.2t | ₹4.0t | ₹203.0b | 18.8x | 25.5x | 1.3x |
| Thu, 12 Jan 2023 | ₹5.1t | ₹3.9t | ₹193.0b | 18.9x | 26.4x | 1.3x |
| Sat, 10 Dec 2022 | ₹5.0t | ₹3.8t | ₹186.1b | 19.9x | 26.9x | 1.3x |
| Mon, 07 Nov 2022 | ₹4.6t | ₹3.7t | ₹163.1b | 19.2x | 28.4x | 1.2x |
| Wed, 05 Oct 2022 | ₹4.4t | ₹3.7t | ₹159.7b | 19.1x | 27.6x | 1.2x |
| Fri, 02 Sep 2022 | ₹4.5t | ₹3.7t | ₹159.9b | 19.4x | 28.2x | 1.2x |
| Sun, 31 Jul 2022 | ₹4.3t | ₹3.5t | ₹150.3b | 20.5x | 28.4x | 1.2x |
| Tue, 28 Jun 2022 | ₹3.8t | ₹3.5t | ₹146.6b | 16.6x | 25.7x | 1.1x |
| Thu, 26 May 2022 | ₹3.9t | ₹3.5t | ₹148.9b | 16.1x | 26x | 1.1x |
| Sat, 23 Apr 2022 | ₹4.3t | ₹3.4t | ₹108.6b | 19.7x | 39.8x | 1.3x |
| Mon, 21 Mar 2022 | ₹4.3t | ₹3.4t | ₹106.5b | 18.1x | 40.8x | 1.3x |
| Wed, 16 Feb 2022 | ₹4.6t | ₹3.4t | ₹114.2b | 18.9x | 40.1x | 1.3x |
| Fri, 14 Jan 2022 | ₹4.8t | ₹3.4t | ₹119.4b | 18.7x | 40.5x | 1.4x |
| Sun, 12 Dec 2021 | ₹4.6t | ₹3.4t | ₹123.7b | 16.5x | 36.8x | 1.3x |
| Tue, 09 Nov 2021 | ₹4.7t | ₹3.3t | ₹123.1b | 19.5x | 38.3x | 1.4x |
| Thu, 07 Oct 2021 | ₹4.3t | ₹3.3t | ₹111.6b | 19.5x | 38.8x | 1.3x |
| Sat, 04 Sep 2021 | ₹4.2t | ₹3.3t | ₹116.2b | 17.7x | 35.9x | 1.3x |
| Mon, 02 Aug 2021 | ₹4.1t | ₹3.3t | ₹116.2b | 16.4x | 35.2x | 1.3x |
Price to Earnings Ratio
35.2x
Current Industry PE
- Investors are optimistic on the Indian Construction and Engineering industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 39.0x which is higher than its 3-year average PE of 31.4x.
- The 3-year average PS ratio of 1.5x is lower than the industry's current PS ratio of 2.3x.
Past Earnings Growth
- The earnings for companies in the Construction and Engineering industry have grown 35% per year over the last three years.
- Revenues for these companies have grown 14% 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 | -1.05% | |
| Industrials | -1.26% | |
| Construction | -0.77% | |
| Construction and Engineering | -0.77% | |
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 | ₹3.67k | 1.5% +₹75.3b | 38.6% | PE38.1x | |
| TECHNOE Techno Electric & Engineering | ₹1.69k | 14.2% +₹22.6b | 244.1% | PE67x | |
| 500294 NCC | ₹337.55 | 9.2% +₹17.8b | 126.6% | PE29.8x | |
| 500185 Hindustan Construction | ₹55.36 | 20.2% +₹15.6b | 186.5% | PE17.6x | |
| ASHOKA Ashoka Buildcon | ₹263.77 | 19.5% +₹12.1b | 168.6% | PE14.7x |
