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Indian (NIFTY) Electrical Industry Analysis

UpdatedJun 16, 2025
DataAggregated Company Financials
Companies123
  • 7D-1.4%
  • 3M22.2%
  • 1Y-5.6%
  • YTD-6.6%

Over the last 7 days, the Electrical industry has dropped 1.4%, driven by ABB India declining 3.2%. The industry has fallen 5.6% in the last year. As for the next few years, earnings are expected to grow by 23% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 17 Jun 2025₹10.8t₹2.3t₹180.6b41.6x59.8x4.7x
Thu, 15 May 2025₹10.3t₹2.2t₹169.4b38.9x61x4.6x
Sat, 12 Apr 2025₹9.0t₹2.2t₹164.3b37.1x54.8x4.1x
Mon, 10 Mar 2025₹9.1t₹2.2t₹163.4b35.4x55.9x4.2x
Wed, 05 Feb 2025₹9.8t₹2.1t₹159.8b42.4x61.2x4.6x
Fri, 03 Jan 2025₹11.5t₹2.0t₹153.1b52.6x75.5x5.6x
Sun, 01 Dec 2024₹11.4t₹2.0t₹152.7b47.7x74.5x5.6x
Tue, 29 Oct 2024₹11.1t₹2.0t₹153.2b45.8x72.4x5.6x
Thu, 26 Sep 2024₹12.3t₹1.9t₹149.8b49.8x82.4x6.4x
Sat, 24 Aug 2024₹12.0t₹1.9t₹149.3b53.1x80.5x6.2x
Mon, 22 Jul 2024₹11.0t₹1.9t₹136.7b50.2x80.2x5.9x
Wed, 19 Jun 2024₹11.4t₹1.8t₹135.8b47.4x83.7x6.2x
Fri, 17 May 2024₹10.4t₹1.8t₹127.6b45.4x81.8x5.8x
Sun, 14 Apr 2024₹8.9t₹1.8t₹119.5b36.9x74.7x5.1x
Tue, 12 Mar 2024₹8.3t₹1.8t₹119.2b36.4x69.5x4.7x
Thu, 08 Feb 2024₹7.8t₹1.7t₹115.5b40.2x67.7x4.5x
Sat, 06 Jan 2024₹7.6t₹1.7t₹111.0b38.7x68.2x4.5x
Mon, 04 Dec 2023₹6.9t₹1.7t₹110.8b35.5x62.1x4.1x
Wed, 01 Nov 2023₹6.0t₹1.7t₹103.3b36.4x58.5x3.6x
Fri, 29 Sep 2023₹7.1t₹1.6t₹98.5b38.3x71.8x4.3x
Sun, 27 Aug 2023₹5.9t₹1.6t₹97.3b32.7x60.2x3.7x
Tue, 25 Jul 2023₹5.6t₹1.6t₹116.2b31.3x48x3.6x
Thu, 22 Jun 2023₹5.1t₹1.5t₹113.4b27.2x45.1x3.3x
Sat, 20 May 2023₹4.5t₹1.5t₹82.3b23.9x54.6x3.1x
Mon, 17 Apr 2023₹3.9t₹1.4t₹76.9b22.3x51.3x2.7x
Wed, 15 Mar 2023₹3.9t₹1.4t₹77.0b18.6x50.1x2.7x
Fri, 10 Feb 2023₹3.9t₹1.4t₹75.4b22.5x51.4x2.7x
Sun, 08 Jan 2023₹3.7t₹1.4t₹76.9b24x47.9x2.6x
Tue, 06 Dec 2022₹3.8t₹1.4t₹76.9b22.4x49.7x2.7x
Thu, 03 Nov 2022₹3.7t₹1.4t₹79.1b23.8x47.2x2.7x
Sat, 01 Oct 2022₹3.6t₹1.4t₹79.0b22.6x45.7x2.7x
Mon, 29 Aug 2022₹3.5t₹1.4t₹79.0b20.9x44.9x2.6x
Wed, 27 Jul 2022₹3.2t₹1.3t₹74.2b20.3x43.5x2.5x
Fri, 24 Jun 2022₹2.9t₹1.3t₹72.9b19.1x39.7x2.3x
Price to Earnings Ratio

39.7x


Total Market Cap: ₹2.9tTotal Earnings: ₹72.9bTotal Revenue: ₹1.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Electrical Industry Price to Earnings3Y Average 61x202320242025
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 61.0x.
  • The 3-year average PS ratio of 4.1x is lower than the industry's current PS ratio of 4.7x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have grown 35% 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-0.88%
Industrials-1.59%
Electrical-1.35%
Electrical Components-1.13%
Heavy Electrical Equipment-1.57%
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 128x.
    • Analysts are expecting annual earnings growth of 27.2%, which is lower than the prior year's growth of 47.5% per year.
  • Investors are most pessimistic about the Electrical Components industry, which is trading close to its 3-year average of 46.3x.
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 48% per year.
  • In contrast, the Electrical Components industry is expected to see its earnings grow by 19% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
HAVELLS Havells India₹1.55k0.6%
+₹5.8b
-15.6%PE66.2x
543230 Advait Energy Transitions₹1.95k24.4%
+₹4.1b
2.8%PE68.2x
QPOWER Quality Power Electrical Equipments₹523.458.1%
+₹3.3b
n/aPE65.4x
533553 TD Power Systems₹510.102.5%
+₹1.9b
39.3%PE45.6x
522275 GE Vernova T&D India₹2.30k0.3%
+₹1.7b
44.3%PE96.8x
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Latest News

500002

₹6,011.45

ABB India

7D

-3.2%

1Y

-33.4%

543230

₹1,952.35

Advait Energy Transitions

7D

24.4%

1Y

2.8%

522275

₹2,299.20

GE Vernova T&D India

7D

0.3%

1Y

44.3%

QPOWER

₹523.45

Quality Power Electrical Equipments

7D

8.1%

1Y

n/a

517271

₹606.25

HBL Engineering

7D

0.4%

1Y

26.9%

UNIVCABLES

₹660.65

Universal Cables

7D

6.2%

1Y

-11.8%

533553

₹510.10

TD Power Systems

7D

2.5%

1Y

39.3%

500103

₹254.45

Bharat Heavy Electricals

7D

-1.5%

1Y

-16.8%

517569

₹3,685.65

KEI Industries

7D

-3.3%

1Y

-23.3%