Is Apar Industries (NSE:APARINDS) Using Too Much Debt?
May 11
Indian (NIFTY) Industrial Conglomerates Industry Analysis
UpdatedJun 05, 2023
DataAggregated Company Financials
Companies11
- 7D1.9%
- 3M10.5%
- 1Y43.5%
- YTD23.2%
In the last week, the Industrial Conglomerates industry is up 1.9%, with 3M India up 8.7%. This means that the industry has gained 43% over the past year. Earnings are forecast to grow by 18% annually.
Industry Valuation and Performance
Has the Indian Industrial Conglomerates Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 06 Jun 2023 | ₹1.9t | ₹625.4b | ₹49.1b | 14.6x | 38.6x | 3x |
| Thu, 04 May 2023 | ₹1.9t | ₹599.3b | ₹45.5b | 9.9x | 40.7x | 3.1x |
| Sat, 01 Apr 2023 | ₹1.7t | ₹599.3b | ₹45.5b | 9.8x | 38.2x | 2.9x |
| Mon, 27 Feb 2023 | ₹1.7t | ₹600.0b | ₹44.8b | 10.4x | 37.9x | 2.8x |
| Wed, 25 Jan 2023 | ₹1.6t | ₹571.7b | ₹39.1b | 10.6x | 41.2x | 2.8x |
| Fri, 23 Dec 2022 | ₹1.5t | ₹571.6b | ₹39.1b | 12.4x | 39.5x | 2.7x |
| Sun, 20 Nov 2022 | ₹1.5t | ₹571.2b | ₹38.6b | 12.4x | 39.8x | 2.7x |
| Tue, 18 Oct 2022 | ₹1.5t | ₹551.8b | ₹36.4b | 12.2x | 40.9x | 2.7x |
| Thu, 15 Sep 2022 | ₹1.6t | ₹551.8b | ₹36.4b | 14x | 45x | 3x |
| Sat, 13 Aug 2022 | ₹1.5t | ₹538.7b | ₹35.7b | 12.8x | 42.9x | 2.8x |
| Mon, 11 Jul 2022 | ₹1.5t | ₹503.8b | ₹30.2b | 13.7x | 48x | 2.9x |
| Wed, 08 Jun 2022 | ₹1.3t | ₹503.8b | ₹30.2b | 12x | 43.8x | 2.6x |
| Fri, 06 May 2022 | ₹1.3t | ₹462.0b | ₹25.7b | 11.7x | 49.2x | 2.7x |
| Sun, 03 Apr 2022 | ₹1.3t | ₹462.0b | ₹25.7b | 11.8x | 50.6x | 2.8x |
| Tue, 01 Mar 2022 | ₹1.3t | ₹462.0b | ₹25.7b | 11.4x | 51.3x | 2.9x |
| Thu, 27 Jan 2022 | ₹1.4t | ₹432.2b | ₹25.0b | 13.6x | 55.2x | 3.2x |
| Sat, 25 Dec 2021 | ₹1.4t | ₹432.3b | ₹25.0b | 12.3x | 56.6x | 3.3x |
| Mon, 22 Nov 2021 | ₹1.4t | ₹423.7b | ₹25.2b | 13.4x | 55.1x | 3.3x |
| Wed, 20 Oct 2021 | ₹1.4t | ₹401.7b | ₹26.1b | 13.8x | 52.9x | 3.4x |
| Fri, 17 Sep 2021 | ₹1.3t | ₹410.0b | ₹25.4b | 15x | 52.5x | 3.3x |
| Sun, 15 Aug 2021 | ₹1.3t | ₹410.0b | ₹25.4b | 14.1x | 52.7x | 3.3x |
| Thu, 10 Jun 2021 | ₹1.3t | ₹370.2b | ₹21.1b | 19.4x | 60.6x | 3.4x |
| Wed, 03 Mar 2021 | ₹1.1t | ₹363.3b | ₹17.5b | 22.8x | 64.8x | 3.1x |
| Sat, 05 Dec 2020 | ₹972.3b | ₹362.9b | ₹16.3b | 16.1x | 59.6x | 2.7x |
| Tue, 08 Sep 2020 | ₹851.8b | ₹445.6b | ₹37.2b | 16.6x | 22.9x | 1.9x |
Price to Earnings Ratio
21.5x
Current Industry PE
- Investors are pessimistic on the Indian Industrial Conglomerates 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 38.6x which is lower than its 3-year average PE of 47.2x.
- The industry is trading close to its 3-year average PS ratio of 2.8x.
Past Earnings Growth
- The earnings for companies in the Industrial Conglomerates industry have grown 2.4% per year over the last three years.
- Revenues for these companies have grown 8.8% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Industrial Conglomerates compare with similar industries?
| IN Market | 0.85% | |
| Industrials | 1.71% | |
| Industrials | 1.86% | |
| Industrial Conglomerates | 1.86% | |
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 | |
|---|---|---|---|---|---|
| 523395 3M India | ₹26.84k | 11.2% +₹30.5b | 29.2% | PE67x | |
| SIEMENS Siemens | ₹3.52k | 0.3% +₹3.3b | 49.0% | PE77.5x | |
| 513023 Nava | ₹260.60 | 6.2% +₹2.2b | 47.0% | PE4.1x | |
| 523319 Balmer Lawrie | ₹136.95 | 9.7% +₹2.1b | 18.6% | PE13.6x | |
| 532532 Jaiprakash Associates | ₹7.25 | 3.4% +₹589.1m | -17.2% | PS0.2x |