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Indian (NIFTY) Heavy Electrical Equipment Industry Analysis
UpdatedApr 24, 2025
DataAggregated Company Financials
Companies25
- 7D6.3%
- 3M1.0%
- 1Y10.7%
- YTDn/a
Suzlon Energy is up 10%, leading the way for the Heavy Electrical Equipment industry, which has gained 6.3%. In the last 12 months, the industry was up 11%. 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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 24 Apr 2025 | ₹4.7t | ₹729.6b | ₹58.8b | 47.6x | 79.6x | 6.4x |
| Sat, 22 Mar 2025 | ₹4.4t | ₹729.6b | ₹58.8b | 43.3x | 74.8x | 6x |
| Mon, 17 Feb 2025 | ₹4.1t | ₹720.8b | ₹56.3b | 46.7x | 73x | 5.7x |
| Wed, 15 Jan 2025 | ₹4.7t | ₹672.0b | ₹49.5b | 64x | 94x | 6.9x |
| Fri, 13 Dec 2024 | ₹5.4t | ₹670.8b | ₹49.4b | 79.5x | 109.8x | 8.1x |
| Sun, 10 Nov 2024 | ₹5.1t | ₹665.4b | ₹48.8b | 79.1x | 105.3x | 7.7x |
| Tue, 08 Oct 2024 | ₹5.4t | ₹623.4b | ₹41.5b | 74.6x | 130.8x | 8.7x |
| Thu, 05 Sep 2024 | ₹5.5t | ₹623.5b | ₹41.5b | 77.9x | 131.9x | 8.8x |
| Sat, 03 Aug 2024 | ₹5.4t | ₹609.3b | ₹37.9b | 77x | 142.1x | 8.8x |
| Mon, 01 Jul 2024 | ₹5.2t | ₹592.0b | ₹34.8b | 80.9x | 150.4x | 8.8x |
| Wed, 29 May 2024 | ₹4.8t | ₹591.9b | ₹34.7b | 61x | 139.1x | 8.2x |
| Fri, 26 Apr 2024 | ₹4.3t | ₹564.5b | ₹24.5b | 60.8x | 174.4x | 7.6x |
| Sun, 24 Mar 2024 | ₹3.7t | ₹559.6b | ₹23.8b | 55.9x | 154.9x | 6.6x |
| Tue, 20 Feb 2024 | ₹3.4t | ₹556.3b | ₹23.4b | 64.3x | 147.1x | 6.2x |
| Thu, 18 Jan 2024 | ₹3.2t | ₹542.0b | ₹18.6b | 55.2x | 172.1x | 5.9x |
| Sat, 16 Dec 2023 | ₹3.0t | ₹540.6b | ₹18.5b | 56.6x | 162.3x | 5.6x |
| Mon, 13 Nov 2023 | ₹2.5t | ₹540.5b | ₹18.5b | 55.3x | 137.6x | 4.7x |
| Wed, 11 Oct 2023 | ₹2.3t | ₹525.0b | ₹19.8b | 56.9x | 116.6x | 4.4x |
| Fri, 08 Sep 2023 | ₹2.4t | ₹524.9b | ₹19.7b | 59.2x | 120.4x | 4.5x |
| Sun, 06 Aug 2023 | ₹2.1t | ₹519.4b | ₹18.0b | 44.3x | 117.9x | 4.1x |
| Tue, 04 Jul 2023 | ₹2.0t | ₹511.0b | ₹41.5b | 34.2x | 48.3x | 3.9x |
| Thu, 01 Jun 2023 | ₹1.7t | ₹465.4b | ₹9.5b | 29.2x | 173.8x | 3.6x |
| Sat, 29 Apr 2023 | ₹1.4t | ₹448.5b | ₹8.5b | 30.5x | 168.1x | 3.2x |
| Mon, 27 Mar 2023 | ₹1.3t | ₹447.4b | ₹8.3b | 28x | 163.3x | 3x |
| Wed, 22 Feb 2023 | ₹1.3t | ₹447.4b | ₹8.3b | 25.5x | 155.9x | 2.9x |
| Fri, 20 Jan 2023 | ₹1.3t | ₹438.3b | ₹6.7b | 31.9x | 190.7x | 2.9x |
| Sun, 18 Dec 2022 | ₹1.3t | ₹438.0b | ₹6.6b | 36.5x | 191.5x | 2.9x |
| Tue, 15 Nov 2022 | ₹1.3t | ₹444.8b | ₹13.7b | 36.2x | 92.5x | 2.8x |
| Thu, 13 Oct 2022 | ₹1.3t | ₹437.7b | ₹10.2b | 35.5x | 126.6x | 2.9x |
| Sat, 10 Sep 2022 | ₹1.3t | ₹437.7b | ₹10.2b | 28.7x | 128.4x | 3x |
| Mon, 08 Aug 2022 | ₹1.1t | ₹429.6b | ₹10.5b | 25.8x | 103.9x | 2.5x |
| Wed, 06 Jul 2022 | ₹946.6b | ₹411.2b | ₹8.2b | 24.9x | 115.8x | 2.3x |
| Fri, 03 Jun 2022 | ₹1.0t | ₹411.2b | ₹8.1b | 20.6x | 123.8x | 2.4x |
| Sun, 01 May 2022 | ₹926.6b | ₹400.1b | -₹8,846,261,553.00 | 22.7x | -104.7x | 2.3x |
Price to Earnings Ratio
-104.7x
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 79.6x which is lower than its 3-year average PE of 124x.
- The 3-year average PS ratio of 5.2x is lower than the industry's current PS ratio of 6.4x.
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 Market | 3.62% | |
| Industrials | 3.02% | |
| Electrical | 5.24% | |
| Heavy Electrical Equipment | 6.31% | |
| Electrical Components | 4.30% | |
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 | |
|---|---|---|---|---|---|
| SUZLON Suzlon Energy | ₹60.11 | 9.2% +₹68.8b | 42.6% | PE71.7x | |
| POWERINDIA Hitachi Energy India | ₹13.92k | 5.4% +₹32.0b | 49.2% | PE197.8x | |
| 500002 ABB India | ₹5.68k | 2.1% +₹24.2b | -11.7% | PE64.2x | |
| INOXWIND Inox Wind | ₹180.30 | 10.7% +₹22.8b | 11.7% | PE76.8x | |
| 522275 GE Vernova T&D India | ₹1.50k | 4.2% +₹15.5b | 34.4% | PE78.9x |
