Gujarat Pipavav Port Limited (NSE:GPPL) First-Quarter Results: Here's What Analysts Are Forecasting For This Year
Aug 12
Indian (NIFTY) Infrastructure Industry Analysis
UpdatedAug 22, 2024
DataAggregated Company Financials
Companies17
- 7D2.6%
- 3M5.5%
- 1Y81.4%
- YTD43.0%
The Infrastructure industry has been flat over the last week, but ABS Marine Services has lost 4.5%. As for the the longer term, the industry is up 74% over the past 12 months. As for the next few years, earnings are expected to grow by 16% per annum.
Industry Valuation and Performance
Has the Indian Infrastructure Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 22 Aug 2024 | ₹4.1t | ₹370.8b | ₹110.4b | 32.6x | 37.3x | 11.1x |
| Sat, 20 Jul 2024 | ₹4.1t | ₹361.4b | ₹101.0b | 35x | 40.7x | 11.4x |
| Mon, 17 Jun 2024 | ₹3.9t | ₹361.0b | ₹101.0b | 32.4x | 38.8x | 10.9x |
| Wed, 15 May 2024 | ₹3.6t | ₹359.8b | ₹93.0b | 35.5x | 38.8x | 10x |
| Fri, 12 Apr 2024 | ₹3.6t | ₹346.3b | ₹83.8b | 37.3x | 43.3x | 10.5x |
| Sun, 10 Mar 2024 | ₹3.6t | ₹345.9b | ₹83.8b | 36x | 42.7x | 10.4x |
| Tue, 06 Feb 2024 | ₹3.4t | ₹346.4b | ₹82.0b | 37.1x | 41.2x | 9.8x |
| Thu, 04 Jan 2024 | ₹3.0t | ₹323.3b | ₹67.7b | 35.5x | 44.1x | 9.2x |
| Sat, 02 Dec 2023 | ₹2.4t | ₹323.3b | ₹67.6b | 27.4x | 35.6x | 7.4x |
| Mon, 30 Oct 2023 | ₹2.2t | ₹307.4b | ₹67.1b | 20.1x | 32.6x | 7.1x |
| Wed, 27 Sep 2023 | ₹1.9t | ₹270.0b | ₹66.7b | 18.8x | 28.5x | 7x |
| Fri, 25 Aug 2023 | ₹1.9t | ₹262.8b | ₹66.2b | 16.8x | 28.6x | 7.2x |
| Sun, 23 Jul 2023 | ₹1.7t | ₹250.3b | ₹56.3b | 16.5x | 30.2x | 6.8x |
| Tue, 20 Jun 2023 | ₹1.7t | ₹249.2b | ₹56.2b | 15.6x | 30.3x | 6.8x |
| Thu, 18 May 2023 | ₹1.6t | ₹222.8b | ₹51.1b | 29x | 31.1x | 7.1x |
| Sat, 15 Apr 2023 | ₹1.5t | ₹222.8b | ₹51.1b | 28x | 30x | 6.9x |
| Mon, 13 Mar 2023 | ₹1.6t | ₹222.8b | ₹51.1b | 29.6x | 31.5x | 7.2x |
| Wed, 08 Feb 2023 | ₹1.3t | ₹213.1b | ₹52.9b | 22.3x | 24.3x | 6x |
| Fri, 06 Jan 2023 | ₹1.9t | ₹212.9b | ₹54.2b | 24.4x | 34.5x | 8.8x |
| Sun, 04 Dec 2022 | ₹2.0t | ₹212.9b | ₹54.2b | 27.3x | 37.2x | 9.5x |
| Tue, 01 Nov 2022 | ₹1.9t | ₹191.1b | ₹44.5b | 26.6x | 42x | 9.8x |
| Thu, 29 Sep 2022 | ₹1.8t | ₹192.2b | ₹44.5b | 22.8x | 41.3x | 9.6x |
| Sat, 27 Aug 2022 | ₹1.8t | ₹191.0b | ₹44.5b | 22.7x | 41.3x | 9.6x |
| Mon, 25 Jul 2022 | ₹1.7t | ₹189.2b | ₹45.8b | 19.5x | 36.3x | 8.8x |
| Wed, 22 Jun 2022 | ₹1.5t | ₹189.2b | ₹45.8b | 18x | 33x | 8x |
| Fri, 20 May 2022 | ₹1.7t | ₹199.7b | ₹51.9b | 19.2x | 31.8x | 8.3x |
| Sun, 17 Apr 2022 | ₹2.0t | ₹199.3b | ₹51.6b | 29.4x | 39.2x | 10.1x |
| Tue, 15 Mar 2022 | ₹1.7t | ₹199.3b | ₹51.6b | 26x | 33.9x | 8.8x |
| Thu, 10 Feb 2022 | ₹1.6t | ₹199.2b | ₹51.2b | 21.7x | 31.4x | 8.1x |
| Sat, 08 Jan 2022 | ₹1.6t | ₹196.7b | ₹52.3b | 22x | 30.8x | 8.2x |
| Mon, 06 Dec 2021 | ₹1.6t | ₹196.7b | ₹52.3b | 21.9x | 30.9x | 8.2x |
| Wed, 03 Nov 2021 | ₹1.6t | ₹195.3b | ₹51.9b | n/a | 30x | 8x |
| Fri, 01 Oct 2021 | ₹1.6t | ₹188.3b | ₹55.8b | 24.6x | 28.9x | 8.6x |
| Sun, 29 Aug 2021 | ₹1.6t | ₹186.7b | ₹55.7b | 23.6x | 28.4x | 8.5x |
Price to Earnings Ratio
28.4x
Current Industry PE
- Investors are relatively neutral on the Indian Infrastructure 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 35.0x.
- The 3-year average PS ratio of 8.7x is lower than the industry's current PS ratio of 11.0x.
Past Earnings Growth
- The earnings for companies in the Infrastructure industry have grown 26% per year over the last three years.
- Revenues for these companies have grown 26% 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 | 3.38% | |
| Industrials | 2.69% | |
| Infrastructure | 2.62% | |
| Highways and Railtracks | 6.10% | |
| Airport Services | 4.68% | |
| Marine Ports and Services | 2.59% | |
Industry PE
- Investors are most optimistic about the Marine Ports and Services industry, which is trading close to its 3-year average PE ratio of 33.3x.
- Analysts are expecting annual earnings growth of 15.6%, which is lower than the prior year's growth of 41.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Airport Services industry, expecting annual earnings growth of 19% over the next 5 years.
- This is better than its past earnings growth rate of 1.5% per year.
- In contrast, the Marine Ports and Services industry is expected to see its earnings grow by 16% 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 | |
|---|---|---|---|---|---|
| ADANIPORTS Adani Ports and Special Economic Zone | ₹1.50k | 2.8% +₹89.8b | 82.1% | PE34x | |
| GMRINFRA GMR Airports Infrastructure | ₹94.92 | 2.4% +₹15.7b | 60.1% | PS7.4x | |
| JSWINFRA JSW Infrastructure | ₹314.05 | 1.2% +₹7.8b | n/a | PE57.1x | |
| JITFINFRA JITF Infralogistics | ₹1.19k | 19.5% +₹5.0b | 131.5% | PE51x | |
| GPPL Gujarat Pipavav Port | ₹232.87 | 2.9% +₹3.2b | 97.8% | PE29.3x |
