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Indian (NIFTY) Machinery Industry Analysis
UpdatedJul 14, 2025
DataAggregated Company Financials
Companies227
- 7D0.8%
- 3M20.0%
- 1Y-13.6%
- YTD-0.2%
Last week, the Machinery industry hasn't moved much but Schaeffler India is up 5.8% in that time. Unfortunately though, the industry is down 14% over the past 12 months. Looking forward, earnings are forecast to grow by 17% annually.
Industry Valuation and Performance
Has the Indian Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 15 Jul 2025 | ₹10.1t | ₹2.6t | ₹238.3b | 34.3x | 42.4x | 3.8x |
| Thu, 12 Jun 2025 | ₹9.9t | ₹2.6t | ₹235.0b | 33.3x | 42.2x | 3.8x |
| Sat, 10 May 2025 | ₹8.3t | ₹2.5t | ₹230.1b | 29.4x | 36.3x | 3.3x |
| Mon, 07 Apr 2025 | ₹8.2t | ₹2.5t | ₹226.1b | 31x | 36.3x | 3.3x |
| Wed, 05 Mar 2025 | ₹7.7t | ₹2.5t | ₹226.1b | 28.3x | 34.1x | 3.1x |
| Fri, 31 Jan 2025 | ₹8.7t | ₹2.4t | ₹222.8b | 35.3x | 39.2x | 3.6x |
| Sun, 29 Dec 2024 | ₹9.6t | ₹2.4t | ₹223.7b | 38.7x | 43x | 4x |
| Tue, 26 Nov 2024 | ₹9.6t | ₹2.4t | ₹223.2b | 37.5x | 43.2x | 4x |
| Thu, 24 Oct 2024 | ₹9.7t | ₹2.4t | ₹212.4b | 38x | 45.6x | 4.1x |
| Sat, 21 Sep 2024 | ₹10.3t | ₹2.3t | ₹210.6b | 39.6x | 49.1x | 4.4x |
| Mon, 19 Aug 2024 | ₹10.3t | ₹2.3t | ₹210.2b | 38.3x | 48.9x | 4.4x |
| Wed, 17 Jul 2024 | ₹10.9t | ₹2.3t | ₹203.9b | 41.9x | 53.4x | 4.7x |
| Fri, 14 Jun 2024 | ₹10.2t | ₹2.3t | ₹203.7b | 37.4x | 50.3x | 4.5x |
| Sun, 12 May 2024 | ₹8.8t | ₹2.3t | ₹192.9b | 38.1x | 45.7x | 3.9x |
| Tue, 09 Apr 2024 | ₹8.2t | ₹2.2t | ₹190.3b | 37x | 43x | 3.7x |
| Thu, 07 Mar 2024 | ₹7.3t | ₹2.2t | ₹188.6b | 33.3x | 38.8x | 3.3x |
| Sat, 03 Feb 2024 | ₹7.4t | ₹2.2t | ₹179.2b | 35.5x | 41.1x | 3.4x |
| Mon, 01 Jan 2024 | ₹7.0t | ₹2.2t | ₹176.5b | 33.9x | 39.5x | 3.2x |
| Wed, 29 Nov 2023 | ₹6.4t | ₹2.1t | ₹172.5b | 32.4x | 36.9x | 3x |
| Fri, 27 Oct 2023 | ₹6.0t | ₹2.1t | ₹162.0b | 29.6x | 37.1x | 2.9x |
| Sun, 24 Sep 2023 | ₹6.2t | ₹2.1t | ₹161.3b | 29.9x | 38.5x | 3x |
| Tue, 22 Aug 2023 | ₹6.0t | ₹2.1t | ₹161.4b | 30.2x | 37.3x | 2.9x |
| Thu, 20 Jul 2023 | ₹5.8t | ₹2.0t | ₹144.6b | 29.2x | 40.1x | 2.9x |
| Sat, 17 Jun 2023 | ₹5.5t | ₹2.0t | ₹144.1b | 27.6x | 38x | 2.8x |
| Mon, 15 May 2023 | ₹4.9t | ₹1.9t | ₹131.4b | 27.5x | 37.3x | 2.5x |
| Wed, 12 Apr 2023 | ₹4.7t | ₹1.9t | ₹129.6b | 23.4x | 36.3x | 2.5x |
| Fri, 10 Mar 2023 | ₹4.7t | ₹1.9t | ₹129.6b | 23.9x | 36.2x | 2.5x |
| Sun, 05 Feb 2023 | ₹4.5t | ₹1.8t | ₹120.6b | 25.1x | 37.5x | 2.5x |
| Tue, 03 Jan 2023 | ₹4.6t | ₹1.8t | ₹112.5b | 26.1x | 40.5x | 2.5x |
| Thu, 01 Dec 2022 | ₹4.7t | ₹1.8t | ₹110.8b | 25.9x | 42.3x | 2.6x |
| Sat, 29 Oct 2022 | ₹4.6t | ₹1.7t | ₹104.3b | 27.4x | 43.9x | 2.7x |
| Mon, 26 Sep 2022 | ₹4.5t | ₹1.7t | ₹102.7b | 26.9x | 43.9x | 2.7x |
| Wed, 24 Aug 2022 | ₹4.3t | ₹1.7t | ₹100.0b | 24.4x | 42.6x | 2.6x |
| Fri, 22 Jul 2022 | ₹3.9t | ₹1.5t | ₹89.8b | 25.1x | 43.8x | 2.6x |
Price to Earnings Ratio
43.8x
Current Industry PE
- Investors are relatively neutral on the Indian Machinery 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 41.4x.
- The 3-year average PS ratio of 3.3x is lower than the industry's current PS ratio of 3.8x.
Past Earnings Growth
- The earnings for companies in the Machinery industry have grown 38% per year over the last three years.
- Revenues for these companies have grown 20% 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 | -1.03% | |
| Industrials | -0.79% | |
| Machinery | 0.83% | |
| Construction Machinery and Vehicles | 1.09% | |
| Industrial Machinery | 0.75% | |
| Agricultural Machinery | -0.03% | |
Industry PE
- Investors are most optimistic about the Industrial Machinery industry, which is trading close to its 3-year average PE ratio of 43.8x.
- Analysts are expecting annual earnings growth of 18.4%, which is higher than its past year's earnings growth of 14.5% per year.
- Investors are most pessimistic about the Agricultural Machinery industry, which is trading close to its 3-year average of 32.5x.
Forecasted Growth
- Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 18% over the next 5 years.
- This is better than its past earnings growth rate of 15% per year.
- In contrast, the Agricultural Machinery industry is expected to see its earnings grow by 12% 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 | |
|---|---|---|---|---|---|
| 505790 Schaeffler India | ₹4.22k | 5.8% +₹36.2b | 6.1% | PE67.9x | |
| 500033 Force Motors | ₹16.68k | 12.4% +₹24.3b | 99.1% | PE27.5x | |
| 500480 Cummins India | ₹3.52k | 2.5% +₹23.9b | -9.4% | PE48.8x | |
| KIRLOSENG Kirloskar Oil Engines | ₹921.35 | 8.7% +₹10.7b | -30.7% | PE27.4x | |
| ASHOKLEY Ashok Leyland | ₹252.95 | 1.3% +₹9.3b | 10.8% | PE23.9x |
