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Indian (NIFTY) Infrastructure Industry Analysis
UpdatedNov 28, 2021
DataAggregated Company Financials
Companies13
- 7D-1.2%
- 3M-1.2%
- 1Y70.5%
- YTD41.0%
Over the last 7 days, the Infrastructure industry has dropped 1.2%, driven by a pullback from Adani Ports and Special Economic Zone of 1.2%. Meanwhile, Noida Toll Bridge actually outperformed within the industry, gaining 5.9% in the last week. This takes the industry's 12 month performance to a gain of 71%.
Industry Valuation and Performance
Has the Indian Infrastructure Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sun, 28 Nov 2021 | ₹1.6t | ₹196.7b | ₹52.3b | 22.1x |
| Tue, 26 Oct 2021 | ₹1.6t | ₹189.0b | ₹56.2b | 22.6x |
| Thu, 23 Sep 2021 | ₹1.6t | ₹186.7b | ₹55.7b | 23.6x |
| Sat, 21 Aug 2021 | ₹1.5t | ₹186.7b | ₹55.7b | 23.5x |
| Sat, 05 Jun 2021 | ₹1.7t | ₹163.0b | ₹50.0b | 31.5x |
| Tue, 09 Mar 2021 | ₹1.6t | ₹220.5b | -₹169,161,440.00 | 34x |
| Mon, 30 Nov 2020 | ₹1.1t | ₹218.8b | ₹7.0b | 21.8x |
| Thu, 03 Sep 2020 | ₹792.4b | ₹169.5b | ₹35.8b | 19.2x |
| Sun, 07 Jun 2020 | ₹709.4b | ₹162.9b | ₹40.9b | 8.4x |
| Sat, 29 Feb 2020 | ₹772.9b | ₹231.2b | ₹50.2b | 10.7x |
| Tue, 03 Dec 2019 | ₹867.7b | ₹231.8b | ₹50.9b | 12.5x |
| Fri, 06 Sep 2019 | ₹835.4b | ₹202.6b | ₹45.6b | 12.5x |
| Mon, 10 Jun 2019 | ₹953.0b | ₹154.9b | ₹46.3b | 15.3x |
| Sun, 03 Mar 2019 | ₹857.4b | ₹317.1b | ₹27.3b | 14.9x |
| Wed, 05 Dec 2018 | ₹959.4b | ₹314.6b | ₹22.5b | 15.2x |
PE Ratio
15.2x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 18.2x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Infrastructure industry have grown 32% per year over the last three years, while revenues for these companies have declined 14% per year. This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Indian Infrastructure industry?
| Highways and Railtracks | 1.04% | |
| Airport Services | 0% | |
| Marine Ports and Services | -1.25% | |
Industry PE: Investors are most optimistic about the Highways and Railtracks industry which is trading above its 3-year average PE ratio of 27.2x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Marine Ports and Services industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 18.0x.
Forecasted Growth: Analysts are most optimistic on the Marine Ports and Services industry, expecting annual earnings growth of 19% over the next 5 years. However this is lower than its past earnings growth rate of 131% per year.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| 532481 Noida Toll Bridge | 5.9%+₹76.3m | 22.9% | PS7.6x | |
| 533177 IL&FS Transportation Networks | 4.1%+₹52.6m | 195.6% | n/a | |
| 520086 Sical Logistics | 2.8%+₹22.2m | 47.0% | PS0.2x | |
| 543364 Markolines Pavement Technologies | 0.4%+₹4.8m | n/a | PE32.1x | |
| 531834 Natura Hue Chem | 26.5%+₹2.6m | 401.7% | PS10.4x |