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Indian (NIFTY) Heavy Electrical Equipment Industry Analysis
UpdatedApr 24, 2024
DataAggregated Company Financials
Companies18
- 7D1.4%
- 3M26.6%
- 1Y171.1%
- YTDn/a
Over the last 7 days, the Heavy Electrical Equipment industry has risen 1.4%, driven by gains from GE T&D India of 12%. During this same period, the ABB India underperformed, falling 5.1%. This takes the industry's 12 month performance to a gain of 171%. Looking forward, earnings are forecast to grow by 56% annually.
Industry Valuation and Performance
Has the Indian Heavy Electrical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 24 Apr 2024 | ₹4.1t | ₹564.5b | ₹24.5b | 62.8x | 167.2x | 7.2x |
| Fri, 22 Mar 2024 | ₹3.6t | ₹559.6b | ₹23.8b | 54.6x | 153.3x | 6.5x |
| Sun, 18 Feb 2024 | ₹3.4t | ₹556.3b | ₹23.4b | 62.8x | 146.8x | 6.2x |
| Tue, 16 Jan 2024 | ₹3.2t | ₹542.0b | ₹18.6b | 56.9x | 174x | 6x |
| Thu, 14 Dec 2023 | ₹3.0t | ₹540.6b | ₹18.5b | 55.3x | 160.3x | 5.5x |
| Sat, 11 Nov 2023 | ₹2.5t | ₹533.5b | ₹19.8b | 55x | 128.6x | 4.8x |
| Mon, 09 Oct 2023 | ₹2.3t | ₹525.0b | ₹19.8b | 61.3x | 117.8x | 4.4x |
| Wed, 06 Sep 2023 | ₹2.4t | ₹524.9b | ₹19.7b | 57.3x | 120.1x | 4.5x |
| Fri, 04 Aug 2023 | ₹2.1t | ₹516.1b | ₹19.6b | 43.2x | 108.1x | 4.1x |
| Sun, 02 Jul 2023 | ₹2.0t | ₹511.0b | ₹41.5b | 33.7x | 47.7x | 3.9x |
| Tue, 30 May 2023 | ₹1.6t | ₹465.9b | ₹9.5b | 29x | 172.1x | 3.5x |
| Thu, 27 Apr 2023 | ₹1.4t | ₹448.7b | ₹8.5b | 29.1x | 166.1x | 3.1x |
| Sat, 25 Mar 2023 | ₹1.3t | ₹447.4b | ₹8.3b | 28x | 163.3x | 3x |
| Mon, 20 Feb 2023 | ₹1.3t | ₹447.4b | ₹8.3b | 25.9x | 154.8x | 2.9x |
| Wed, 18 Jan 2023 | ₹1.3t | ₹438.3b | ₹6.7b | 32.1x | 189.6x | 2.9x |
| Fri, 16 Dec 2022 | ₹1.3t | ₹438.0b | ₹6.6b | 36.7x | 197.3x | 3x |
| Sun, 13 Nov 2022 | ₹1.3t | ₹446.4b | ₹13.6b | 37.8x | 95.8x | 2.9x |
| Tue, 11 Oct 2022 | ₹1.3t | ₹437.7b | ₹10.2b | 37.5x | 126.8x | 2.9x |
| Thu, 08 Sep 2022 | ₹1.3t | ₹437.7b | ₹10.2b | 28.3x | 127.5x | 3x |
| Sat, 06 Aug 2022 | ₹1.1t | ₹429.7b | ₹10.5b | 25.8x | 103.9x | 2.5x |
| Mon, 04 Jul 2022 | ₹924.3b | ₹411.2b | ₹8.2b | 24.7x | 113x | 2.2x |
| Wed, 01 Jun 2022 | ₹995.9b | ₹411.2b | ₹8.1b | 20.3x | 122.9x | 2.4x |
| Fri, 29 Apr 2022 | ₹932.1b | ₹400.1b | -₹8,846,261,553.00 | 22.7x | -105.4x | 2.3x |
| Sun, 27 Mar 2022 | ₹901.0b | ₹400.1b | -₹8,846,261,553.00 | 22.2x | -101.8x | 2.3x |
| Tue, 22 Feb 2022 | ₹903.4b | ₹396.1b | -₹10,160,061,553.00 | 22x | -88.9x | 2.3x |
| Thu, 20 Jan 2022 | ₹1.0t | ₹391.4b | -₹12,244,997,553.00 | 29.4x | -82.3x | 2.6x |
| Sat, 18 Dec 2021 | ₹947.5b | ₹391.4b | -₹12,244,997,553.00 | 26.9x | -77.4x | 2.4x |
| Mon, 15 Nov 2021 | ₹974.3b | ₹389.8b | -₹14,566,285,553.00 | 39.6x | -66.9x | 2.5x |
| Wed, 13 Oct 2021 | ₹897.4b | ₹375.7b | -₹22,922,903,707.00 | 54.3x | -39.1x | 2.4x |
| Fri, 10 Sep 2021 | ₹835.8b | ₹375.7b | -₹22,922,903,707.00 | 42.6x | -36.5x | 2.2x |
| Sun, 08 Aug 2021 | ₹776.9b | ₹375.7b | -₹22,922,903,707.00 | 38x | -33.9x | 2.1x |
| Sat, 01 May 2021 | ₹636.8b | ₹347.5b | -₹27,874,504,882.00 | 26.7x | -22.8x | 1.8x |
Price to Earnings Ratio
-22.8x
Current Industry PE
- Investors are optimistic on the Indian Heavy Electrical Equipment industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 167x which is higher than its 3-year average PE of 65.9x.
- The 3-year average PS ratio of 3.3x is lower than the industry's current PS ratio of 7.2x.
Past Earnings Growth
- Total earnings for the Heavy Electrical Equipment industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 18% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Indian Heavy Electrical Equipment compare with similar industries?
| IN Market | 1.35% | |
| Industrials | 2.31% | |
| Electrical | 3.02% | |
| Heavy Electrical Equipment | 1.38% | |
| Electrical Components | 4.38% | |
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 | |
|---|---|---|---|---|---|
| 522275 GE T&D India | ₹1.08k | 17.5% +₹41.1b | 639.7% | PE277.6x | |
| POWERINDIA Hitachi Energy India | ₹8.21k | 8.6% +₹27.6b | 149.7% | PE344.9x | |
| 500103 Bharat Heavy Electricals | ₹263.95 | 2.6% +₹23.0b | 240.8% | PS3.9x | |
| SUZLON Suzlon Energy | ₹41.80 | 3.2% +₹17.7b | 409.8% | PE82.9x | |
| INOXWIND Inox Wind | ₹602.90 | 9.8% +₹17.6b | 476.4% | PS13.9x |
