With EPS Growth And More, Polycab India (NSE:POLYCAB) Makes An Interesting Case
May 31
Indian (NIFTY) Electrical Components Industry Analysis
UpdatedJun 05, 2023
DataAggregated Company Financials
Companies81
- 7D2.7%
- 3M17.5%
- 1Y42.1%
- YTD28.5%
The Electrical Components industry is up 2.7% in the last week, with Havells India up 3.3%. This means that the industry has gained 42% over the past year. Earnings are forecast to grow by 18% 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 |
|---|---|---|---|---|---|---|
| Mon, 05 Jun 2023 | ₹3.1t | ₹1.0t | ₹71.8b | 24.5x | 42.6x | 3x |
| Wed, 03 May 2023 | ₹2.7t | ₹994.7b | ₹68.7b | 22.1x | 39.8x | 2.7x |
| Fri, 31 Mar 2023 | ₹2.5t | ₹992.0b | ₹68.7b | 17.4x | 36.8x | 2.6x |
| Sun, 26 Feb 2023 | ₹2.6t | ₹991.9b | ₹68.7b | 19.2x | 37.4x | 2.6x |
| Tue, 24 Jan 2023 | ₹2.5t | ₹979.2b | ₹71.3b | 20.7x | 35.3x | 2.6x |
| Thu, 22 Dec 2022 | ₹2.4t | ₹970.3b | ₹70.3b | 20.7x | 34.1x | 2.5x |
| Sat, 19 Nov 2022 | ₹2.4t | ₹969.1b | ₹70.0b | 19.8x | 34.9x | 2.5x |
| Mon, 17 Oct 2022 | ₹2.4t | ₹920.8b | ₹68.9b | 18.8x | 34.2x | 2.6x |
| Wed, 14 Sep 2022 | ₹2.4t | ₹919.4b | ₹68.8b | 19.1x | 35.1x | 2.6x |
| Fri, 12 Aug 2022 | ₹2.3t | ₹911.7b | ₹68.2b | 18.1x | 33.9x | 2.5x |
| Sun, 10 Jul 2022 | ₹2.1t | ₹838.9b | ₹64.6b | 19.1x | 32.9x | 2.5x |
| Tue, 07 Jun 2022 | ₹2.1t | ₹840.2b | ₹64.7b | 17.9x | 32.7x | 2.5x |
| Thu, 05 May 2022 | ₹2.2t | ₹784.4b | ₹61.4b | 20.2x | 35x | 2.7x |
| Sat, 02 Apr 2022 | ₹2.1t | ₹778.8b | ₹70.2b | 18.3x | 30.2x | 2.7x |
| Mon, 28 Feb 2022 | ₹2.0t | ₹778.8b | ₹70.2b | 16.8x | 28.5x | 2.6x |
| Wed, 26 Jan 2022 | ₹2.1t | ₹733.6b | ₹49.8b | 22.6x | 43.1x | 2.9x |
| Fri, 24 Dec 2021 | ₹2.2t | ₹724.1b | ₹50.1b | 18.6x | 44.4x | 3.1x |
| Sun, 21 Nov 2021 | ₹2.2t | ₹723.9b | ₹48.0b | 19.5x | 46.8x | 3.1x |
| Tue, 19 Oct 2021 | ₹2.1t | ₹629.3b | ₹44.4b | 29.8x | 47.4x | 3.3x |
| Thu, 16 Sep 2021 | ₹2.0t | ₹639.4b | ₹31.3b | 23.4x | 65.4x | 3.2x |
| Sat, 14 Aug 2021 | ₹1.8t | ₹658.4b | ₹44.7b | 21.7x | 40.6x | 2.8x |
| Wed, 09 Jun 2021 | ₹1.6t | ₹597.3b | ₹37.5b | 20.3x | 43.4x | 2.7x |
| Tue, 02 Mar 2021 | ₹1.5t | ₹549.4b | ₹29.1b | 20x | 51.9x | 2.7x |
| Fri, 04 Dec 2020 | ₹1.1t | ₹534.0b | ₹22.0b | 19x | 51.6x | 2.1x |
| Mon, 07 Sep 2020 | ₹937.6b | ₹536.0b | ₹25.8b | 15.1x | 36.3x | 1.7x |
Price to Earnings Ratio
34x
Current Industry PE
- Investors are optimistic on the Indian Electrical Components and Equipment industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 42.6x which is higher than its 3-year average PE of 39.2x.
- The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 3.0x.
Past Earnings Growth
- The earnings for companies in the Electrical Components and Equipment industry have grown 26% per year over the last three years.
- Revenues for these companies have grown 19% 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 | 0.85% | |
| Industrials | 1.71% | |
| Electrical | 2.52% | |
| Electrical Components | 2.67% | |
| Heavy Electrical Equipment | 2.28% | |
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 | |
|---|---|---|---|---|---|
| HAVELLS Havells India | ₹1.35k | 3.8% +₹31.1b | 17.2% | PE78.8x | |
| POLYCAB Polycab India | ₹3.59k | 5.3% +₹27.3b | 46.4% | PE42.4x | |
| 517569 KEI Industries | ₹2.11k | 6.1% +₹10.9b | 62.5% | PE39.9x | |
| 509488 Graphite India | ₹375.20 | 15.2% +₹9.7b | -15.6% | PE36.8x | |
| 532439 Olectra Greentech | ₹792.00 | 14.5% +₹8.2b | 18.1% | PE99.1x |
