Analysis Article • May 20
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Indian (NIFTY) Logistics Industry Analysis
UpdatedMay 22, 2026
DataAggregated Company Financials
Companies46
- 7D-1.6%
- 3M-2.8%
- 1Y-3.4%
- YTD1.2%
Over the last 7 days, the Logistics industry has dropped 1.6%, driven by Delhivery declining 5.9%. In contrast, Sindhu Trade Links has gained 17%. However, the industry is down 3.4% over the past year. Looking forward, earnings are forecast to grow by 30% annually.
Industry Valuation and Performance
Has the Indian Logistics Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 22 May 2026 | ₹791.2b | ₹581.6b | ₹16.0b | 16x | 49.4x | 1.4x |
| Sun, 19 Apr 2026 | ₹826.6b | ₹710.7b | ₹13.4b | 18x | 61.8x | 1.2x |
| Tue, 17 Mar 2026 | ₹746.6b | ₹710.7b | ₹13.4b | 20.9x | 55.9x | 1.1x |
| Thu, 12 Feb 2026 | ₹828.9b | ₹714.4b | ₹13.2b | 21.1x | 63x | 1.2x |
| Sat, 10 Jan 2026 | ₹771.0b | ₹714.6b | ₹16.3b | 18.9x | 47.4x | 1.1x |
| Mon, 08 Dec 2025 | ₹785.9b | ₹714.5b | ₹16.0b | 19.5x | 49.3x | 1.1x |
| Wed, 05 Nov 2025 | ₹924.3b | ₹698.1b | ₹16.7b | 27.7x | 55.4x | 1.3x |
| Fri, 03 Oct 2025 | ₹872.9b | ₹690.0b | ₹16.3b | 26x | 53.7x | 1.3x |
| Sun, 31 Aug 2025 | ₹878.0b | ₹688.3b | ₹16.4b | 23.5x | 53.6x | 1.3x |
| Tue, 29 Jul 2025 | ₹885.2b | ₹685.6b | ₹16.5b | 22.2x | 53.7x | 1.3x |
| Thu, 26 Jun 2025 | ₹845.2b | ₹680.5b | ₹16.5b | 22.4x | 51.3x | 1.2x |
| Sat, 24 May 2025 | ₹819.6b | ₹673.3b | ₹19.7b | 23.5x | 41.5x | 1.2x |
| Mon, 21 Apr 2025 | ₹715.2b | ₹670.0b | ₹17.9b | 24.7x | 40x | 1.1x |
| Wed, 19 Mar 2025 | ₹664.1b | ₹669.7b | ₹17.9b | 24.9x | 37.2x | 1x |
| Fri, 14 Feb 2025 | ₹736.0b | ₹658.4b | ₹18.8b | 24.5x | 39.1x | 1.1x |
| Sun, 12 Jan 2025 | ₹829.8b | ₹646.7b | ₹15.1b | 29.9x | 54.8x | 1.3x |
| Tue, 10 Dec 2024 | ₹945.0b | ₹646.5b | ₹15.1b | 29.9x | 62.7x | 1.5x |
| Thu, 07 Nov 2024 | ₹931.0b | ₹630.8b | ₹12.8b | 25.7x | 72.8x | 1.5x |
| Sat, 05 Oct 2024 | ₹968.5b | ₹609.0b | ₹11.7b | 29.7x | 82.5x | 1.6x |
| Mon, 02 Sep 2024 | ₹985.4b | ₹609.7b | ₹11.7b | 32.7x | 84.5x | 1.6x |
| Wed, 31 Jul 2024 | ₹947.2b | ₹591.0b | ₹10.0b | 35.4x | 94.5x | 1.6x |
| Fri, 28 Jun 2024 | ₹918.7b | ₹587.6b | ₹10.0b | 31.6x | 91.7x | 1.6x |
| Sun, 26 May 2024 | ₹905.7b | ₹582.0b | ₹11.4b | 26.4x | 79.4x | 1.6x |
| Tue, 23 Apr 2024 | ₹920.4b | ₹571.4b | ₹10.3b | 26x | 89.6x | 1.6x |
| Thu, 21 Mar 2024 | ₹879.9b | ₹571.4b | ₹10.3b | 25.1x | 85.7x | 1.5x |
| Sat, 17 Feb 2024 | ₹960.6b | ₹570.9b | ₹10.2b | 29.6x | 94.4x | 1.7x |
| Mon, 15 Jan 2024 | ₹956.6b | ₹569.6b | ₹8.9b | 27.2x | 107x | 1.7x |
| Wed, 13 Dec 2023 | ₹905.7b | ₹568.0b | ₹8.9b | 28.1x | 102.3x | 1.6x |
| Fri, 10 Nov 2023 | ₹894.6b | ₹589.5b | ₹7.1b | 29x | 126.6x | 1.5x |
| Sun, 08 Oct 2023 | ₹902.7b | ₹587.5b | ₹5.9b | 24.3x | 152.3x | 1.5x |
| Tue, 05 Sep 2023 | ₹918.1b | ₹590.9b | ₹6.5b | 27.4x | 140.9x | 1.6x |
| Thu, 03 Aug 2023 | ₹795.7b | ₹509.0b | ₹5.7b | 18.4x | 139.3x | 1.6x |
| Sat, 01 Jul 2023 | ₹778.9b | ₹508.0b | ₹6.5b | 20.9x | 120.6x | 1.5x |
| Mon, 29 May 2023 | ₹728.7b | ₹537.7b | ₹15.6b | 24.7x | 46.6x | 1.4x |
Price to Earnings Ratio
46.6x
Current Industry PE
- Investors are pessimistic on the Indian Logistics 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 49.4x which is lower than its 3-year average PE of 76.7x.
- The industry is trading close to its 3-year average PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Logistics industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 2.7% 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 and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Indian Industrials industry?
| IN Market | -0.16% | |
| Industrials | 0.36% | |
| Logistics | -1.61% | |
| Air Freight and Logistics | -1.61% | |
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 | |
|---|---|---|---|---|---|
| 532029 Sindhu Trade Links | ₹27.08 | 17.4% +₹6.2b | 23.0% | PS5.9x | |
| TVSSCS TVS Supply Chain Solutions | ₹121.57 | 7.3% +₹3.6b | -5.9% | PE58.3x | |
| TCI Transport Corporation of India | ₹905.80 | 1.7% +₹1.2b | -21.2% | PE15.5x | |
| 544224 Afcom Holdings | ₹931.20 | 3.1% +₹775.2m | 15.7% | PE22.7x | |
| SJLOGISTIC S J Logistics (India) | ₹314.95 | 8.8% +₹387.4m | -43.4% | PE7.8x |