Ravindra Energy Limited's (NSE:RELTD) Share Price Not Quite Adding Up
Jan 11
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Indian (NIFTY) Electrical Components Industry Analysis
UpdatedJan 15, 2026
DataAggregated Company Financials
Companies105
- 7D-6.7%
- 3M-9.2%
- 1Y-2.4%
- YTDn/a
Over the last 7 days, the Electrical Components industry has dropped 6.0%, driven by declines in CG Power and Industrial Solutions and Polycab India of 9.4% and 7.3%, respectively. Meanwhile, Ravindra Energy actually outperformed within the industry, gaining 5.9% in the last week. Over the last year, the industry has been flat overall. Looking forward, earnings are forecast to grow by 20% annually.
Industry Valuation and Performance
Has the Indian Electrical Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 15 Jan 2026 | ₹5.4t | ₹1.7t | ₹120.8b | 26.5x | 44.9x | 3.2x |
| Sat, 13 Dec 2025 | ₹5.5t | ₹1.7t | ₹119.6b | 28.6x | 46.2x | 3.3x |
| Mon, 10 Nov 2025 | ₹5.8t | ₹1.6t | ₹117.4b | 31.6x | 49.2x | 3.6x |
| Wed, 08 Oct 2025 | ₹5.9t | ₹1.6t | ₹108.2b | 33.4x | 54.5x | 3.8x |
| Fri, 05 Sep 2025 | ₹5.8t | ₹1.6t | ₹107.5b | 34.2x | 54.2x | 3.8x |
| Sun, 03 Aug 2025 | ₹5.5t | ₹1.5t | ₹109.8b | 34.9x | 50.5x | 3.6x |
| Tue, 01 Jul 2025 | ₹5.6t | ₹1.5t | ₹107.1b | 37x | 52.1x | 3.7x |
| Thu, 29 May 2025 | ₹5.5t | ₹1.5t | ₹109.5b | 35.6x | 50.5x | 3.7x |
| Sat, 26 Apr 2025 | ₹5.1t | ₹1.5t | ₹106.2b | 35.6x | 48.1x | 3.5x |
| Mon, 24 Mar 2025 | ₹4.9t | ₹1.4t | ₹104.9b | 30.6x | 47.1x | 3.4x |
| Wed, 19 Feb 2025 | ₹4.8t | ₹1.4t | ₹104.7b | 30.3x | 46.3x | 3.4x |
| Fri, 17 Jan 2025 | ₹5.7t | ₹1.4t | ₹103.9b | 41.2x | 54.5x | 4.1x |
| Sun, 15 Dec 2024 | ₹6.5t | ₹1.4t | ₹103.3b | 45.8x | 62.6x | 4.7x |
| Tue, 12 Nov 2024 | ₹6.0t | ₹1.4t | ₹109.5b | 44.4x | 54.6x | 4.4x |
| Thu, 10 Oct 2024 | ₹6.6t | ₹1.3t | ₹108.3b | 48.8x | 60.5x | 5x |
| Sat, 07 Sep 2024 | ₹6.1t | ₹1.3t | ₹108.2b | 46x | 56.8x | 4.7x |
| Mon, 05 Aug 2024 | ₹6.2t | ₹1.3t | ₹103.6b | 45.9x | 60.3x | 4.8x |
| Wed, 03 Jul 2024 | ₹6.2t | ₹1.3t | ₹101.1b | 47.8x | 61.6x | 5x |
| Fri, 31 May 2024 | ₹5.8t | ₹1.3t | ₹101.1b | 36.8x | 56.9x | 4.6x |
| Sun, 28 Apr 2024 | ₹5.2t | ₹1.2t | ₹96.0b | 40.4x | 54.2x | 4.3x |
| Tue, 26 Mar 2024 | ₹4.6t | ₹1.2t | ₹95.4b | 33.5x | 48x | 3.8x |
| Thu, 22 Feb 2024 | ₹4.3t | ₹1.2t | ₹94.8b | 35.5x | 45.8x | 3.6x |
| Sat, 20 Jan 2024 | ₹4.2t | ₹1.2t | ₹93.1b | 38x | 45.2x | 3.6x |
| Mon, 18 Dec 2023 | ₹4.3t | ₹1.2t | ₹92.3b | 35.5x | 46.5x | 3.7x |
| Wed, 15 Nov 2023 | ₹3.8t | ₹1.2t | ₹92.2b | 35.3x | 41.1x | 3.3x |
| Fri, 13 Oct 2023 | ₹3.9t | ₹1.1t | ₹78.8b | 33.6x | 49.7x | 3.5x |
| Sun, 10 Sep 2023 | ₹3.9t | ₹1.1t | ₹76.0b | 33.1x | 51.1x | 3.7x |
| Tue, 08 Aug 2023 | ₹3.5t | ₹1.0t | ₹75.5b | 29.3x | 46.5x | 3.4x |
| Thu, 06 Jul 2023 | ₹3.2t | ₹1.0t | ₹72.0b | 28.4x | 44.6x | 3.1x |
| Sat, 03 Jun 2023 | ₹3.1t | ₹1.0t | ₹71.3b | 24.3x | 42.9x | 3x |
| Mon, 01 May 2023 | ₹2.7t | ₹994.7b | ₹68.7b | 21.8x | 39.8x | 2.7x |
| Wed, 29 Mar 2023 | ₹2.5t | ₹992.0b | ₹68.7b | 17.2x | 35.8x | 2.5x |
| Fri, 24 Feb 2023 | ₹2.6t | ₹991.9b | ₹68.7b | 18.9x | 37.5x | 2.6x |
| Sun, 22 Jan 2023 | ₹2.5t | ₹978.8b | ₹71.3b | 21x | 35x | 2.6x |
Price to Earnings Ratio
35x
Current Industry PE
- Investors are pessimistic on the Indian Electrical Components and Equipment 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 45.1x which is lower than its 3-year average PE of 49.6x.
- The 3-year average PS ratio of 3.7x is higher than the industry's current PS ratio of 3.2x.
Past Earnings Growth
- The earnings for companies in the Electrical Components and Equipment industry have grown 19% per year over the last three years.
- Revenues for these companies have grown 20% 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 Electrical Components compare with similar industries?
| IN Market | -2.46% | |
| Industrials | -4.53% | |
| Electrical | -8.32% | |
| Electrical Components | -6.69% | |
| Heavy Electrical Equipment | -9.82% | |
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 | |
|---|---|---|---|---|---|
| RELTD Ravindra Energy | ₹157.83 | 5.9% +₹1.6b | 27.6% | PE41.1x | |
| UTLSOLAR Fujiyama Power Systems | ₹219.48 | 0.7% +₹484.1m | n/a | PE31.8x | |
| SUNLITE Sunlite Recycling Industries | ₹395.75 | 1.1% +₹47.9m | 153.8% | PE20x | |
| 523100 Cosmo Ferrites | ₹155.10 | 2.1% +₹37.9m | -51.7% | PS2x | |
| 531260 Refex Renewables & Infrastructure | ₹311.70 | 2.4% +₹33.5m | -59.4% | PS2.1x |
