Estimating The Fair Value Of Suzlon Energy Limited (NSE:SUZLON)
Jul 21
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Indian (NIFTY) Electrical Industry Analysis
UpdatedJul 20, 2025
DataAggregated Company Financials
Companies124
- 7D0.1%
- 3M16.5%
- 1Y-0.5%
- YTD-3.4%
The Electrical is pretty flat in the last 7 days, but ABB India has stood out, gaining 3.3%. Furthermore, the industry has been flat for the past year as well. Earnings are forecast to grow by 23% annually.
Industry Valuation and Performance
Has the Indian Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 21 Jul 2025 | ₹12.1t | ₹2.3t | ₹191.4b | 42x | 63.1x | 5.2x |
| Wed, 18 Jun 2025 | ₹10.7t | ₹2.2t | ₹179.2b | 40.6x | 59.8x | 4.8x |
| Fri, 16 May 2025 | ₹10.4t | ₹2.2t | ₹170.7b | 39.1x | 61.1x | 4.7x |
| Sun, 13 Apr 2025 | ₹9.0t | ₹2.2t | ₹164.3b | 37.1x | 54.8x | 4.1x |
| Tue, 11 Mar 2025 | ₹8.9t | ₹2.2t | ₹163.4b | 34.6x | 54.4x | 4.1x |
| Thu, 06 Feb 2025 | ₹9.9t | ₹2.1t | ₹159.9b | 44.1x | 61.9x | 4.6x |
| Sat, 04 Jan 2025 | ₹11.4t | ₹2.0t | ₹153.1b | 51.8x | 74.7x | 5.6x |
| Mon, 02 Dec 2024 | ₹11.4t | ₹2.0t | ₹152.7b | 47.7x | 74.5x | 5.6x |
| Wed, 30 Oct 2024 | ₹11.2t | ₹2.0t | ₹155.9b | 46.7x | 71.8x | 5.6x |
| Fri, 27 Sep 2024 | ₹12.3t | ₹1.9t | ₹149.8b | 50.4x | 81.8x | 6.3x |
| Sun, 25 Aug 2024 | ₹12.0t | ₹1.9t | ₹149.3b | 53.1x | 80.5x | 6.2x |
| Tue, 23 Jul 2024 | ₹11.1t | ₹1.9t | ₹136.7b | 50.2x | 80.9x | 5.9x |
| Thu, 20 Jun 2024 | ₹11.2t | ₹1.8t | ₹135.8b | 48.9x | 82.5x | 6.1x |
| Sat, 18 May 2024 | ₹10.6t | ₹1.8t | ₹127.8b | 46.6x | 82.9x | 5.8x |
| Mon, 15 Apr 2024 | ₹8.9t | ₹1.8t | ₹119.5b | 36.9x | 74.7x | 5.1x |
| Wed, 13 Mar 2024 | ₹8.1t | ₹1.8t | ₹119.2b | 34.8x | 67.8x | 4.6x |
| Fri, 09 Feb 2024 | ₹7.8t | ₹1.7t | ₹116.1b | 40.1x | 67x | 4.5x |
| Sun, 07 Jan 2024 | ₹7.6t | ₹1.7t | ₹111.0b | 38.7x | 68.2x | 4.5x |
| Tue, 05 Dec 2023 | ₹7.0t | ₹1.7t | ₹110.8b | 36.1x | 63.5x | 4.2x |
| Thu, 02 Nov 2023 | ₹6.0t | ₹1.7t | ₹104.2b | 36.6x | 57.9x | 3.6x |
| Sat, 30 Sep 2023 | ₹7.1t | ₹1.6t | ₹98.5b | 37.8x | 71.7x | 4.3x |
| Mon, 28 Aug 2023 | ₹5.9t | ₹1.6t | ₹97.3b | 32.7x | 60.2x | 3.7x |
| Wed, 26 Jul 2023 | ₹5.6t | ₹1.6t | ₹116.3b | 31.1x | 47.8x | 3.6x |
| Fri, 23 Jun 2023 | ₹5.1t | ₹1.5t | ₹113.4b | 27.3x | 45.1x | 3.3x |
| Sun, 21 May 2023 | ₹4.5t | ₹1.5t | ₹84.1b | 22.9x | 53.4x | 3.1x |
| Tue, 18 Apr 2023 | ₹4.0t | ₹1.4t | ₹76.9b | 22.3x | 51.8x | 2.8x |
| Thu, 16 Mar 2023 | ₹3.9t | ₹1.4t | ₹77.0b | 18.5x | 50.3x | 2.7x |
| Sat, 11 Feb 2023 | ₹3.9t | ₹1.4t | ₹75.5b | 22.3x | 51.5x | 2.7x |
| Mon, 09 Jan 2023 | ₹3.7t | ₹1.4t | ₹76.9b | 24x | 47.9x | 2.6x |
| Wed, 07 Dec 2022 | ₹3.8t | ₹1.4t | ₹76.9b | 22.9x | 49.5x | 2.7x |
| Fri, 04 Nov 2022 | ₹3.7t | ₹1.4t | ₹79.1b | 23.8x | 47.2x | 2.7x |
| Sun, 02 Oct 2022 | ₹3.6t | ₹1.4t | ₹79.0b | 22.6x | 45.7x | 2.7x |
| Tue, 30 Aug 2022 | ₹3.6t | ₹1.4t | ₹79.0b | 20.8x | 45x | 2.6x |
| Thu, 28 Jul 2022 | ₹3.2t | ₹1.3t | ₹74.6b | 21.4x | 43.5x | 2.5x |
Price to Earnings Ratio
43.5x
Current Industry PE
- Investors are relatively neutral on the Indian Electrical 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 61.7x.
- The 3-year average PS ratio of 4.2x is lower than the industry's current PS ratio of 5.2x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have grown 37% per year over the last three years.
- Revenues for these companies have grown 22% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Industrials industry?
| IN Market | 0.28% | |
| Industrials | -0.39% | |
| Electrical | 0.13% | |
| Electrical Components | 1.82% | |
| Heavy Electrical Equipment | -1.33% | |
Industry PE
- Investors are most optimistic about the Heavy Electrical Equipment industry even though it's trading below its 3-year average PE ratio of 127x.
- Analysts are expecting annual earnings growth of 27.0%, which is lower than the prior year's growth of 60.5% per year.
- Investors are most pessimistic about the Electrical Components industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 46.9x.
Forecasted Growth
- Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 27% over the next 5 years.
- However this is lower than its past earnings growth rate of 61% per year.
- In contrast, the Electrical Components industry is expected to see its earnings grow by 18% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 500002 ABB India | ₹5.84k | 3.3% +₹39.7b | -24.3% | PE65.5x | |
| 522275 GE Vernova T&D India | ₹2.44k | 6.8% +₹39.6b | 67.9% | PE102.6x | |
| POLYCAB Polycab India | ₹7.04k | 3.6% +₹36.9b | 12.0% | PE47.8x | |
| POWERINDIA Hitachi Energy India | ₹19.26k | 4.1% +₹33.9b | 70.9% | PE223.6x | |
| 517569 KEI Industries | ₹3.97k | 6.3% +₹22.6b | -3.6% | PE54.5x |
