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Indian (NIFTY) Electrical Industry Analysis
UpdatedSep 23, 2023
DataAggregated Company Financials
Companies97
- 7D-2.1%
- 3M21.0%
- 1Y59.8%
- YTD59.1%
Over the last 7 days, the Electrical industry has dropped 2.1%, driven by a pullback from ABB India of 4.4%. This takes the industry's 12 month performance to a gain of 60%. Looking forward, earnings are forecast to grow by 24% annually.
Industry Valuation and Performance
Has the Indian Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 23 Sep 2023 | ₹6.2t | ₹1.6t | ₹98.4b | 36.8x | 62.6x | 3.8x |
| Mon, 21 Aug 2023 | ₹5.7t | ₹1.6t | ₹96.6b | 29.9x | 59x | 3.6x |
| Wed, 19 Jul 2023 | ₹5.5t | ₹1.5t | ₹113.9b | 29.3x | 48.3x | 3.6x |
| Fri, 16 Jun 2023 | ₹5.1t | ₹1.5t | ₹113.1b | 27x | 44.9x | 3.3x |
| Sun, 14 May 2023 | ₹4.5t | ₹1.5t | ₹81.9b | 23.1x | 54.8x | 3.1x |
| Tue, 11 Apr 2023 | ₹3.9t | ₹1.4t | ₹77.0b | 20.3x | 51.1x | 2.7x |
| Thu, 09 Mar 2023 | ₹4.0t | ₹1.4t | ₹77.0b | 19.3x | 51.9x | 2.8x |
| Sat, 04 Feb 2023 | ₹3.8t | ₹1.4t | ₹76.7b | 19.6x | 48.9x | 2.6x |
| Mon, 02 Jan 2023 | ₹3.6t | ₹1.4t | ₹76.9b | 22.1x | 46.3x | 2.5x |
| Wed, 30 Nov 2022 | ₹3.8t | ₹1.4t | ₹79.0b | 21.7x | 47.7x | 2.7x |
| Fri, 28 Oct 2022 | ₹3.7t | ₹1.4t | ₹79.0b | 23.5x | 46.5x | 2.7x |
| Sun, 25 Sep 2022 | ₹3.6t | ₹1.4t | ₹79.0b | 22.9x | 45.8x | 2.7x |
| Tue, 23 Aug 2022 | ₹3.4t | ₹1.4t | ₹79.0b | 20.3x | 43.2x | 2.5x |
| Thu, 21 Jul 2022 | ₹3.2t | ₹1.3t | ₹74.1b | 20x | 43.1x | 2.5x |
| Sat, 18 Jun 2022 | ₹2.8t | ₹1.2t | ₹72.8b | 19.5x | 38.8x | 2.3x |
| Mon, 16 May 2022 | ₹3.0t | ₹1.2t | ₹52.8b | 18.5x | 56.8x | 2.5x |
| Wed, 13 Apr 2022 | ₹3.2t | ₹1.2t | ₹61.4b | 19.5x | 52.4x | 2.7x |
| Fri, 11 Mar 2022 | ₹2.9t | ₹1.2t | ₹60.1b | 17.6x | 48.9x | 2.5x |
| Sun, 06 Feb 2022 | ₹3.2t | ₹1.1t | ₹57.9b | 24x | 55.4x | 2.8x |
| Tue, 04 Jan 2022 | ₹3.3t | ₹1.1t | ₹37.9b | 22x | 86.7x | 2.9x |
| Thu, 02 Dec 2021 | ₹3.1t | ₹1.1t | ₹37.9b | 20x | 81.8x | 2.8x |
| Sat, 30 Oct 2021 | ₹3.0t | ₹1.1t | ₹24.7b | 27.9x | 122.8x | 2.8x |
| Mon, 27 Sep 2021 | ₹2.9t | ₹1.0t | ₹21.5b | 27.7x | 132.7x | 2.8x |
| Wed, 25 Aug 2021 | ₹2.5t | ₹1.0t | ₹21.8b | 23.2x | 115.5x | 2.4x |
| Thu, 01 Jul 2021 | ₹2.5t | ₹1.0t | ₹21.8b | 22.3x | 113.2x | 2.4x |
| Sun, 04 Apr 2021 | ₹2.1t | ₹943.1b | ₹9.5b | 19.3x | 222.2x | 2.2x |
| Wed, 06 Jan 2021 | ₹1.8t | ₹868.2b | -₹6,112,053,990.00 | 19.8x | -292.6x | 2.1x |
| Sat, 10 Oct 2020 | ₹1.4t | ₹882.1b | -₹9,165,412,572.00 | 16.5x | -147.6x | 1.5x |
Price to Earnings Ratio
-147.6x
Current Industry PE
- Investors are optimistic on the Indian Electrical industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 62.6x which is higher than its 3-year average PE of 30.5x.
- The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 3.8x.
Past Earnings Growth
- Total earnings for the Electrical industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 23% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Industrials industry?
| IN Market | -1.77% | |
| Industrials | -1.78% | |
| Electrical | -2.05% | |
| Electrical Components | -1.82% | |
| Heavy Electrical Equipment | -2.44% | |
Industry PE
- Investors are most optimistic about the Heavy Electrical Equipment industry which is trading above its 3-year average PE ratio of 33.5x.
- Analysts are expecting annual earnings growth of 31.9%, which is lower than the prior year's growth of 48.6% per year.
- Investors are most pessimistic about the Electrical Components industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 40.3x.
Forecasted Growth
- Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 32% over the next 5 years.
- However this is lower than its past earnings growth rate of 49% per year.
- In contrast, the Electrical Components industry is expected to see its earnings grow by 19% 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 | |
|---|---|---|---|---|---|
| SUZLON Suzlon Energy | ₹25.05 | 3.5% +₹10.6b | 175.3% | PE60.5x | |
| CGPOWER CG Power and Industrial Solutions | ₹440.50 | 1.0% +₹6.6b | 76.9% | PE77.5x | |
| 522275 GE T&D India | ₹401.05 | 6.3% +₹6.1b | 198.0% | PE503.6x | |
| PRECWIRE Precision Wires India | ₹121.85 | 8.2% +₹1.6b | 115.2% | PE36.8x | |
| 504341 Ravindra Energy | ₹55.50 | -1.8% ₹792.2m | -13.9% | PE45.3x |