Analysis Article • Jul 28
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Indian (NIFTY) Electrical Components Industry Analysis
UpdatedJul 28, 2026
DataAggregated Company Financials
Companies113
- 7D0.07%
- 3M5.6%
- 1Y18.1%
- YTDn/a
In the last week, the Electrical Components industry is flat overall, with CG Power and Industrial Solutions standing out by going down 7.7%. As for the the longer term, the industry is up 18% over the past 12 months. As for the next few years, earnings are expected to grow by 19% per annum.
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 |
|---|---|---|---|---|---|---|
| Wed, 29 Jul 2026 | ₹6.8t | ₹2.0t | ₹140.6b | 28.1x | 48.6x | 3.4x |
| Fri, 26 Jun 2026 | ₹6.9t | ₹1.9t | ₹136.3b | 28.2x | 51x | 3.6x |
| Sun, 24 May 2026 | ₹6.6t | ₹1.9t | ₹134.4b | 26.8x | 49.2x | 3.5x |
| Tue, 21 Apr 2026 | ₹6.2t | ₹1.8t | ₹128.6b | 27.2x | 48x | 3.5x |
| Thu, 19 Mar 2026 | ₹5.6t | ₹1.8t | ₹128.6b | 22.7x | 43.5x | 3.1x |
| Sat, 14 Feb 2026 | ₹5.7t | ₹1.8t | ₹128.5b | 24.8x | 44x | 3.2x |
| Mon, 12 Jan 2026 | ₹5.5t | ₹1.7t | ₹120.8b | 26.6x | 45.9x | 3.3x |
| Wed, 10 Dec 2025 | ₹5.5t | ₹1.7t | ₹119.6b | 28.5x | 46x | 3.3x |
| Fri, 07 Nov 2025 | ₹5.8t | ₹1.6t | ₹113.6b | 32.6x | 51x | 3.6x |
| Sun, 05 Oct 2025 | ₹5.8t | ₹1.6t | ₹108.1b | 33.5x | 54x | 3.7x |
| Tue, 02 Sep 2025 | ₹5.7t | ₹1.6t | ₹107.5b | 33.3x | 53.3x | 3.7x |
| Thu, 31 Jul 2025 | ₹5.7t | ₹1.5t | ₹109.5b | 36x | 51.7x | 3.7x |
| Sat, 28 Jun 2025 | ₹5.6t | ₹1.5t | ₹107.2b | 36.7x | 51.8x | 3.7x |
| Mon, 26 May 2025 | ₹5.5t | ₹1.5t | ₹109.0b | 36.3x | 50.3x | 3.6x |
| Wed, 23 Apr 2025 | ₹5.2t | ₹1.4t | ₹105.5b | 35.6x | 49.7x | 3.6x |
| Fri, 21 Mar 2025 | ₹4.9t | ₹1.4t | ₹104.9b | 30.1x | 46.9x | 3.4x |
| Sun, 16 Feb 2025 | ₹4.9t | ₹1.4t | ₹104.5b | 32.3x | 46.7x | 3.4x |
| Tue, 14 Jan 2025 | ₹5.5t | ₹1.4t | ₹103.9b | 40.4x | 52.8x | 3.9x |
| Thu, 12 Dec 2024 | ₹6.5t | ₹1.4t | ₹103.3b | 47.9x | 62.9x | 4.7x |
| Sat, 09 Nov 2024 | ₹6.0t | ₹1.4t | ₹109.5b | 44.3x | 55x | 4.4x |
| Mon, 07 Oct 2024 | ₹6.4t | ₹1.3t | ₹108.3b | 45.2x | 58.6x | 4.8x |
| Wed, 04 Sep 2024 | ₹6.3t | ₹1.3t | ₹108.2b | 46.4x | 57.8x | 4.7x |
| Fri, 02 Aug 2024 | ₹6.3t | ₹1.3t | ₹102.8b | 47.2x | 61x | 4.9x |
| Sun, 30 Jun 2024 | ₹6.1t | ₹1.3t | ₹101.1b | 46.2x | 60.7x | 4.9x |
| Tue, 28 May 2024 | ₹5.9t | ₹1.2t | ₹99.0b | 40.3x | 59.3x | 4.7x |
| Thu, 25 Apr 2024 | ₹5.1t | ₹1.2t | ₹96.1b | 39.1x | 53.3x | 4.3x |
| Sat, 23 Mar 2024 | ₹4.6t | ₹1.2t | ₹95.4b | 33.5x | 48x | 3.8x |
| Mon, 19 Feb 2024 | ₹4.4t | ₹1.2t | ₹94.8b | 37.2x | 46x | 3.7x |
| Wed, 17 Jan 2024 | ₹4.2t | ₹1.2t | ₹92.5b | 37.4x | 45.3x | 3.6x |
| Fri, 15 Dec 2023 | ₹4.3t | ₹1.2t | ₹92.3b | 36.2x | 46.4x | 3.7x |
| Sun, 12 Nov 2023 | ₹3.8t | ₹1.2t | ₹92.4b | 34.4x | 41.1x | 3.3x |
| Tue, 10 Oct 2023 | ₹3.9t | ₹1.1t | ₹78.8b | 32.3x | 49.4x | 3.5x |
| Thu, 07 Sep 2023 | ₹3.8t | ₹1.1t | ₹76.0b | 33.3x | 49.8x | 3.6x |
| Sat, 05 Aug 2023 | ₹3.5t | ₹1.0t | ₹75.5b | 29.9x | 46.3x | 3.3x |
Price to Earnings Ratio
46.3x
Current Industry PE
- Investors are relatively neutral on the Indian Electrical Components and Equipment 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 50.8x.
- The 3-year average PS ratio of 3.8x is higher than the industry's current PS ratio of 3.4x.
Past Earnings Growth
- The earnings for companies in the Electrical Components and Equipment industry have grown 23% per year over the last three years.
- Revenues for these companies have grown 24% 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 | -0.66% | |
| Industrials | -1.17% | |
| Electrical | -1.34% | |
| Electrical Components | 0.074% | |
| Heavy Electrical Equipment | -2.46% | |
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 | |
|---|---|---|---|---|---|
| POLYCAB Polycab India | ₹9.12k | 2.4% +₹32.9b | 31.0% | PE48x | |
| 522163 Diamond Power Infrastructure | ₹321.00 | 19.2% +₹27.2b | 94.4% | PE106.9x | |
| RRKABEL R R Kabel | ₹2.58k | 9.9% +₹26.2b | 85.5% | PE48x | |
| HEG HEG | ₹651.05 | 7.6% +₹8.9b | 23.9% | PE34.9x | |
| HAVELLS Havells India | ₹1.23k | 0.8% +₹6.0b | -18.8% | PE47.2x |
