Indian (NIFTY) Highways and Railtracks Industry Analysis
UpdatedOct 03, 2023
DataAggregated Company Financials
Companies5
- 7D-2.7%
- 3M29.0%
- 1Y11.3%
- YTD1.7%
Over the last 7 days, the Highways and Railtracks industry has dropped 4.1%, driven by Suyog Gurbaxani Funicular Ropeways declining 18%. On the other hand Sadbhav Infrastructure Project is actually up 25%. In the past year, the industry has gained 11%.
Industry Valuation and Performance
Has the Indian Highways and Railtracks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 03 Oct 2023 | ₹10.6b | ₹7.1b | -₹2,374,214,873.00 | 284.1x | -4.5x | 1.5x |
| Thu, 31 Aug 2023 | ₹9.8b | ₹7.0b | -₹2,446,713,661.00 | 17.5x | -4x | 1.4x |
| Sat, 29 Jul 2023 | ₹8.8b | ₹6.9b | -₹2,359,695,661.00 | 14.6x | -3.7x | 1.3x |
| Mon, 26 Jun 2023 | ₹8.4b | ₹6.9b | -₹2,359,695,661.00 | 13.7x | -3.6x | 1.2x |
| Wed, 24 May 2023 | ₹8.9b | ₹6.4b | -₹4,754,702,661.00 | 16.1x | -1.9x | 1.4x |
| Fri, 21 Apr 2023 | ₹8.3b | ₹5.9b | -₹4,770,246,661.00 | 16.2x | -1.7x | 1.4x |
| Sun, 19 Mar 2023 | ₹8.1b | ₹5.9b | -₹4,770,246,661.00 | 16.4x | -1.7x | 1.4x |
| Tue, 14 Feb 2023 | ₹9.3b | ₹5.9b | -₹4,806,583,661.00 | 19.6x | -1.9x | 1.6x |
| Thu, 12 Jan 2023 | ₹10.6b | ₹5.7b | -₹3,588,986,661.00 | 22.4x | -3x | 1.9x |
| Sat, 10 Dec 2022 | ₹10.7b | ₹5.7b | -₹3,588,986,661.00 | 22.2x | -3x | 1.9x |
| Mon, 07 Nov 2022 | ₹10.5b | ₹4.8b | -₹3,819,146,661.00 | 34.7x | -2.8x | 2.2x |
| Wed, 05 Oct 2022 | ₹9.6b | ₹4.8b | -₹3,819,146,661.00 | 25.8x | -2.5x | 2x |
| Fri, 02 Sep 2022 | ₹9.5b | ₹4.8b | -₹3,819,145,661.00 | 26.5x | -2.5x | 2x |
| Sun, 31 Jul 2022 | ₹8.6b | ₹4.4b | -₹4,144,494,661.00 | 19.3x | -2.1x | 2x |
| Tue, 28 Jun 2022 | ₹8.0b | ₹4.4b | -₹4,144,494,661.00 | 18.1x | -1.9x | 1.8x |
| Thu, 26 May 2022 | ₹8.3b | ₹4.1b | -₹1,468,561,000.00 | 41.5x | -5.6x | 2x |
| Sat, 23 Apr 2022 | ₹9.8b | ₹4.1b | -₹1,468,561,000.00 | 61.6x | -6.7x | 2.4x |
| Mon, 21 Mar 2022 | ₹8.7b | ₹4.1b | -₹1,468,561,000.00 | 36.1x | -5.9x | 2.1x |
| Wed, 16 Feb 2022 | ₹9.0b | ₹4.1b | -₹1,468,561,000.00 | 33.5x | -6.1x | 2.2x |
| Fri, 14 Jan 2022 | ₹9.1b | ₹4.2b | -₹1,317,338,000.00 | 34.8x | -6.9x | 2.2x |
| Sun, 12 Dec 2021 | ₹8.1b | ₹4.2b | -₹1,317,338,000.00 | 30.3x | -6.1x | 1.9x |
| Tue, 09 Nov 2021 | ₹6.3b | ₹3.9b | -₹1,335,598,000.00 | 29.9x | -4.7x | 1.6x |
| Thu, 07 Oct 2021 | ₹6.7b | ₹3.9b | -₹1,335,598,000.00 | 31.3x | -5x | 1.7x |
| Sat, 04 Sep 2021 | ₹3.7b | ₹2.3b | -₹1,378,357,000.00 | n/a | -2.7x | 1.6x |
| Mon, 02 Aug 2021 | ₹4.2b | ₹2.3b | -₹1,378,357,000.00 | n/a | -3x | 1.8x |
| Thu, 06 May 2021 | ₹3.4b | ₹2.5b | -₹1,540,185,000.00 | n/a | -2.2x | 1.4x |
| Sun, 07 Feb 2021 | ₹3.8b | ₹2.1b | -₹1,587,002,000.00 | n/a | -2.4x | 1.9x |
| Sat, 31 Oct 2020 | ₹3.9b | ₹2.2b | -₹1,440,433,000.00 | n/a | -2.7x | 1.8x |
Price to Earnings Ratio
-2.3x
Current Industry PE
- Investors are pessimistic on the Indian Highways and Railtracks industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Highways and Railtracks industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 47% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.
Industry Comparison
How does Indian Highways and Railtracks compare with similar industries?
| IN Market | 0.25% | |
| Industrials | 0.76% | |
| Infrastructure | 0.56% | |
| Highways and Railtracks | -2.70% | |
| Airport Services | 11.97% | |
| Marine Ports and Services | 0.43% | |
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 | |
|---|---|---|---|---|---|
| SADBHIN Sadbhav Infrastructure Project | ₹4.80 | 14.3% +₹211.3m | -27.8% | PS0.2x | |
| 533177 IL&FS Transportation Networks | ₹3.93 | 15.2% +₹171.1m | -13.2% | n/a |