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Indian (NIFTY) Heavy Electrical Equipment Industry Analysis

UpdatedApr 16, 2025
DataAggregated Company Financials
Companies25
  • 7D5.2%
  • 3M-8.8%
  • 1Y5.1%
  • YTDn/a

In the last week, the Heavy Electrical Equipment industry is up 3.3%, with Hitachi Energy India leading the way with a 7.8% gain. Overall in the last year, the industry is flat. Looking forward, earnings are forecast to grow by 38% annually.

Industry Valuation and Performance

Has the Indian Heavy Electrical Equipment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 16 Apr 2025₹4.3t₹729.6b₹58.8b46.1x73.6x5.9x
Fri, 14 Mar 2025₹4.1t₹729.9b₹58.5b42.8x70.2x5.6x
Sun, 09 Feb 2025₹4.4t₹720.8b₹56.4b56.3x78x6.1x
Tue, 07 Jan 2025₹5.0t₹671.9b₹49.5b73.5x101.5x7.5x
Thu, 05 Dec 2024₹5.4t₹670.8b₹49.4b74.7x109.1x8x
Sat, 02 Nov 2024₹5.4t₹660.0b₹47.0b83.3x114.4x8.1x
Mon, 30 Sep 2024₹5.9t₹623.4b₹41.5b77x141.1x9.4x
Wed, 28 Aug 2024₹5.7t₹620.2b₹41.3b84.3x137.5x9.1x
Fri, 26 Jul 2024₹5.2t₹602.0b₹36.9b77.9x140.9x8.6x
Sun, 23 Jun 2024₹5.1t₹591.8b₹34.7b81.5x147.9x8.7x
Tue, 21 May 2024₹5.0t₹580.7b₹29.5b57.2x169.1x8.6x
Thu, 18 Apr 2024₹4.0t₹560.7b₹23.9b55.9x169x7.2x
Sat, 16 Mar 2024₹3.5t₹559.6b₹23.8b55.9x147.7x6.3x
Mon, 12 Feb 2024₹3.4t₹554.0b₹25.3b68.5x135.4x6.2x
Wed, 10 Jan 2024₹3.2t₹542.0b₹18.6b50.4x173.7x6x
Fri, 08 Dec 2023₹2.9t₹540.6b₹18.5b56.8x159.4x5.5x
Sun, 05 Nov 2023₹2.5t₹532.0b₹21.9b53.5x112.5x4.6x
Tue, 03 Oct 2023₹2.3t₹525.0b₹19.8b62.3x116.5x4.4x
Thu, 31 Aug 2023₹2.3t₹524.9b₹19.7b59.8x116.4x4.4x
Sat, 29 Jul 2023₹2.1t₹512.1b₹18.4b43.5x115.8x4.2x
Mon, 26 Jun 2023₹1.9t₹511.0b₹41.5b31.9x45.8x3.7x
Wed, 24 May 2023₹1.6t₹455.5b₹10.6b29.2x152.5x3.5x
Fri, 21 Apr 2023₹1.3t₹447.4b₹8.3b28.1x163.2x3x
Sun, 19 Mar 2023₹1.4t₹447.4b₹8.3b23.7x163.8x3x
Tue, 14 Feb 2023₹1.3t₹445.7b₹8.2b29.1x152.8x2.8x
Thu, 12 Jan 2023₹1.3t₹438.0b₹6.6b35.5x191.2x2.9x
Sat, 10 Dec 2022₹1.3t₹438.0b₹6.6b34.4x196.9x3x
Mon, 07 Nov 2022₹1.3t₹442.6b₹9.2b40.4x144.2x3x
Wed, 05 Oct 2022₹1.3t₹437.7b₹10.2b34.5x123.4x2.9x
Fri, 02 Sep 2022₹1.3t₹437.7b₹10.2b27.7x128x3x
Sun, 31 Jul 2022₹1.1t₹411.2b₹7.8b27.2x139x2.6x
Tue, 28 Jun 2022₹932.7b₹411.2b₹8.2b24.9x114.1x2.3x
Thu, 26 May 2022₹924.7b₹413.4b₹10.2b20.2x90.4x2.2x
Sat, 23 Apr 2022₹952.0b₹400.1b-₹8,846,261,553.0020.9x-107.6x2.4x
Price to Earnings Ratio

-107.6x


Total Market Cap: ₹952.0bTotal Earnings: -₹8,846,261,553.00Total Revenue: ₹400.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Heavy Electrical Equipment Industry Price to Earnings3Y Average 123x202320242025
Current Industry PE
  • Investors are pessimistic on the Indian Heavy Electrical 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 71.0x which is lower than its 3-year average PE of 123x.
  • The 3-year average PS ratio of 5.1x is lower than the industry's current PS ratio of 5.7x.
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 22% 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 Market3.86%
Industrials4.92%
Electrical5.63%
Heavy Electrical Equipment5.21%
Electrical Components5.99%
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?

CompanyLast Price7D1YValuation
POWERINDIA Hitachi Energy India₹12.57k7.8%
+₹40.5b
66.3%PE178.6x
500002 ABB India₹5.25k3.6%
+₹38.5b
-21.0%PE59.3x
500103 Bharat Heavy Electricals₹221.905.2%
+₹38.1b
-13.8%PE148.9x
INOXWIND Inox Wind₹161.3311.5%
+₹21.6b
17.6%PE68.7x
522275 GE Vernova T&D India₹1.39k6.1%
+₹20.3b
51.4%PE72.9x
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Latest News

500002

₹5,248.35

ABB India

7D

3.6%

1Y

-21.0%

522275

₹1,388.90

GE Vernova T&D India

7D

6.1%

1Y

51.4%

500103

₹221.90

Bharat Heavy Electricals

7D

5.2%

1Y

-13.8%

505700

₹462.30

Elecon Engineering

7D

10.4%

1Y

-9.0%

532930

₹74.50

BGR Energy Systems

7D

-4.5%

1Y

89.5%

540358

₹690.05

RMC Switchgears

7D

-0.5%

1Y

37.2%

533203

₹28.87

Tarapur Transformers

7D

-5.8%

1Y

204.2%

POWERINDIA

₹12,574.00

Hitachi Energy India

7D

7.8%

1Y

66.3%