Why The 25% Return On Capital At Suzlon Energy (NSE:SUZLON) Should Have Your Attention
Sep 16
Have your own idea? Try our Stock Screener
Indian (NIFTY) Electrical Industry Analysis
UpdatedSep 17, 2025
DataAggregated Company Financials
Companies126
- 7D3.9%
- 3M4.5%
- 1Y-7.2%
- YTD-0.1%
In the last week, the Electrical industry is up 3.9%, with CG Power and Industrial Solutions up 7.0%. Meanwhile, Inox Wind Energy actually underperformed within the industry, shrinking 5.2% in the last week. In the past year, the industry is down 7.2%. As for the next few years, earnings are expected to grow by 24% per annum.
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 |
|---|---|---|---|---|---|---|
| Wed, 17 Sep 2025 | ₹12.5t | ₹2.4t | ₹195.1b | 38.6x | 64.1x | 5.2x |
| Fri, 15 Aug 2025 | ₹11.8t | ₹2.4t | ₹194.1b | 39.3x | 60.6x | 4.9x |
| Sun, 13 Jul 2025 | ₹12.1t | ₹2.3t | ₹189.4b | 41x | 63.7x | 5.2x |
| Tue, 10 Jun 2025 | ₹11.0t | ₹2.3t | ₹180.6b | 40.8x | 61.1x | 4.8x |
| Thu, 08 May 2025 | ₹9.7t | ₹2.2t | ₹165.9b | 36.5x | 58.4x | 4.4x |
| Sat, 05 Apr 2025 | ₹9.0t | ₹2.2t | ₹163.8b | 36.1x | 55x | 4.2x |
| Mon, 03 Mar 2025 | ₹8.5t | ₹2.2t | ₹163.5b | 34.2x | 51.8x | 3.9x |
| Wed, 29 Jan 2025 | ₹9.3t | ₹2.1t | ₹153.8b | 41.3x | 60.4x | 4.5x |
| Fri, 27 Dec 2024 | ₹11.5t | ₹2.0t | ₹153.1b | 52.9x | 74.8x | 5.6x |
| Sun, 24 Nov 2024 | ₹10.9t | ₹2.0t | ₹152.9b | 47.1x | 71.4x | 5.3x |
| Tue, 22 Oct 2024 | ₹11.9t | ₹2.0t | ₹150.7b | 50.4x | 79.2x | 6.1x |
| Thu, 19 Sep 2024 | ₹12.0t | ₹1.9t | ₹149.2b | 52x | 80.7x | 6.2x |
| Sat, 17 Aug 2024 | ₹11.9t | ₹1.9t | ₹149.2b | 54.9x | 80x | 6.2x |
| Mon, 15 Jul 2024 | ₹11.7t | ₹1.8t | ₹135.2b | 52.1x | 86.3x | 6.3x |
| Wed, 12 Jun 2024 | ₹10.8t | ₹1.8t | ₹135.8b | 44.5x | 79.3x | 5.8x |
| Fri, 10 May 2024 | ₹9.5t | ₹1.8t | ₹123.9b | 44.2x | 76.3x | 5.3x |
| Sun, 07 Apr 2024 | ₹8.9t | ₹1.8t | ₹119.2b | 37.7x | 74.6x | 5x |
| Tue, 05 Mar 2024 | ₹8.4t | ₹1.8t | ₹118.6b | 38.6x | 70.7x | 4.8x |
| Thu, 01 Feb 2024 | ₹7.6t | ₹1.7t | ₹112.7b | 41.2x | 67.6x | 4.4x |
| Sat, 30 Dec 2023 | ₹7.4t | ₹1.7t | ₹110.9b | 35.5x | 66.3x | 4.3x |
| Mon, 27 Nov 2023 | ₹6.7t | ₹1.7t | ₹110.8b | 36.3x | 60.4x | 3.9x |
| Wed, 25 Oct 2023 | ₹6.0t | ₹1.7t | ₹101.8b | 35.5x | 59.1x | 3.6x |
| Fri, 22 Sep 2023 | ₹6.2t | ₹1.6t | ₹98.4b | 36.9x | 63x | 3.8x |
| Sun, 20 Aug 2023 | ₹5.7t | ₹1.6t | ₹96.6b | 29.9x | 59x | 3.6x |
| Tue, 18 Jul 2023 | ₹5.4t | ₹1.5t | ₹113.9b | 28.3x | 47.4x | 3.5x |
| Thu, 15 Jun 2023 | ₹5.1t | ₹1.5t | ₹113.1b | 26.8x | 44.7x | 3.3x |
| Sat, 13 May 2023 | ₹4.5t | ₹1.5t | ₹81.0b | 22.2x | 55.4x | 3.1x |
| Mon, 10 Apr 2023 | ₹3.9t | ₹1.4t | ₹77.0b | 20.2x | 51.1x | 2.7x |
| Wed, 08 Mar 2023 | ₹4.0t | ₹1.4t | ₹77.0b | 19.1x | 51.4x | 2.8x |
| Fri, 03 Feb 2023 | ₹3.8t | ₹1.4t | ₹76.7b | 20.5x | 49.2x | 2.6x |
| Sun, 01 Jan 2023 | ₹3.6t | ₹1.4t | ₹76.9b | 22.1x | 46.3x | 2.5x |
| Tue, 29 Nov 2022 | ₹3.8t | ₹1.4t | ₹79.0b | 21.6x | 47.9x | 2.7x |
| Thu, 27 Oct 2022 | ₹3.7t | ₹1.4t | ₹79.0b | 23.3x | 46.3x | 2.7x |
| Sat, 24 Sep 2022 | ₹3.6t | ₹1.4t | ₹79.0b | 22.9x | 45.8x | 2.7x |
Price to Earnings Ratio
45.8x
Current Industry PE
- Investors are relatively neutral on the Indian Electrical 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 62.6x.
- The 3-year average PS ratio of 4.3x is lower than the industry's current PS ratio of 5.2x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have grown 35% per year over the last three years.
- Revenues for these companies have grown 21% 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 | 1.96% | |
| Industrials | 3.83% | |
| Electrical | 3.89% | |
| Heavy Electrical Equipment | 4.26% | |
| Electrical Components | 3.50% | |
Industry PE
- Investors are most optimistic about the Heavy Electrical Equipment industry even though it's trading below its 3-year average PE ratio of 125x.
- Analysts are expecting annual earnings growth of 28.3%, which is lower than the prior year's growth of 67.1% 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 47.9x.
Forecasted Growth
- Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 28% over the next 5 years.
- However this is lower than its past earnings growth rate of 67% 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 | |
|---|---|---|---|---|---|
| 522275 GE Vernova T&D India | ₹2.99k | 8.3% +₹58.5b | 77.4% | PE100.2x | |
| 500103 Bharat Heavy Electricals | ₹234.25 | 6.5% +₹49.8b | -11.7% | PE281.5x | |
| 500002 ABB India | ₹5.39k | 4.3% +₹47.1b | -30.8% | PE63.5x | |
| ENRIN Siemens Energy India | ₹3.50k | 3.4% +₹41.5b | n/a | PE94.8x | |
| CGPOWER CG Power and Industrial Solutions | ₹791.95 | 3.0% +₹36.2b | 6.6% | PE124.4x |
