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Indian (NIFTY) Machinery Industry Analysis

UpdatedJul 11, 2025
DataAggregated Company Financials
Companies227
  • 7D1.8%
  • 3M21.0%
  • 1Y-13.7%
  • YTD0.6%

Over the last 7 days, the Machinery industry has risen 1.8%, driven by gains from Cummins India of 6.2%. In contrast, the industry has lost 14% in the last 12 months. As for the next few years, earnings are expected to grow by 17% per annum.

Industry Valuation and Performance

Has the Indian Machinery Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 12 Jul 2025₹10.2t₹2.6t₹236.5b34.1x43x3.9x
Mon, 09 Jun 2025₹9.9t₹2.6t₹235.0b32.7x42.3x3.8x
Wed, 07 May 2025₹8.3t₹2.5t₹230.1b29.7x36.2x3.3x
Fri, 04 Apr 2025₹8.5t₹2.5t₹226.1b31.1x37.6x3.4x
Sun, 02 Mar 2025₹7.6t₹2.5t₹226.1b28.3x33.8x3.1x
Tue, 28 Jan 2025₹8.5t₹2.4t₹223.3b35x38.2x3.5x
Thu, 26 Dec 2024₹9.6t₹2.4t₹222.9b39.2x42.9x4x
Sat, 23 Nov 2024₹9.4t₹2.4t₹223.2b35.7x42x3.9x
Mon, 21 Oct 2024₹10.2t₹2.4t₹211.8b39.9x48.1x4.3x
Wed, 18 Sep 2024₹10.4t₹2.3t₹209.9b40.8x49.5x4.4x
Fri, 16 Aug 2024₹10.1t₹2.3t₹210.1b38.2x48.3x4.3x
Sun, 14 Jul 2024₹10.9t₹2.3t₹203.8b40.6x53.6x4.8x
Tue, 11 Jun 2024₹9.9t₹2.3t₹203.5b37.4x48.5x4.3x
Thu, 09 May 2024₹8.9t₹2.3t₹191.1b39.1x46.4x3.9x
Sat, 06 Apr 2024₹8.2t₹2.2t₹190.2b36.9x43x3.7x
Mon, 04 Mar 2024₹7.5t₹2.2t₹188.6b34.9x39.9x3.4x
Wed, 31 Jan 2024₹7.2t₹2.2t₹177.7b34.2x40.7x3.3x
Fri, 29 Dec 2023₹6.9t₹2.2t₹176.5b33.4x39.2x3.2x
Sun, 26 Nov 2023₹6.4t₹2.1t₹172.5b31.7x37x3x
Tue, 24 Oct 2023₹6.1t₹2.1t₹162.0b30.7x37.7x2.9x
Thu, 21 Sep 2023₹6.3t₹2.1t₹161.3b30.4x38.8x3x
Sat, 19 Aug 2023₹6.0t₹2.1t₹161.4b30x37.3x2.9x
Mon, 17 Jul 2023₹5.7t₹2.0t₹144.6b28.5x39.6x2.9x
Wed, 14 Jun 2023₹5.4t₹2.0t₹144.1b27x37.2x2.7x
Fri, 12 May 2023₹4.9t₹1.9t₹130.5b27.4x37.3x2.5x
Sun, 09 Apr 2023₹4.7t₹1.9t₹129.6b23.4x36.3x2.5x
Tue, 07 Mar 2023₹4.7t₹1.9t₹129.6b23x36x2.5x
Thu, 02 Feb 2023₹4.5t₹1.8t₹115.4b24.9x39.3x2.5x
Sat, 31 Dec 2022₹4.5t₹1.8t₹112.5b25.7x40.1x2.5x
Mon, 28 Nov 2022₹4.7t₹1.8t₹110.8b26.2x42.6x2.7x
Wed, 26 Oct 2022₹4.6t₹1.7t₹104.3b27.3x44.2x2.7x
Fri, 23 Sep 2022₹4.6t₹1.7t₹101.8b27.7x45.1x2.8x
Sun, 21 Aug 2022₹4.2t₹1.7t₹100.0b24.4x42.1x2.5x
Tue, 19 Jul 2022₹3.8t₹1.5t₹89.5b24.2x42.3x2.5x
Price to Earnings Ratio

42.3x


Total Market Cap: ₹3.8tTotal Earnings: ₹89.5bTotal Revenue: ₹1.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Machinery Industry Price to Earnings3Y Average 41.4x202320242025
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 3.9x.
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-0.077%
Industrials0.30%
Machinery1.84%
Construction Machinery and Vehicles2.67%
Industrial Machinery1.45%
Agricultural Machinery0.24%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry, which is trading close to its 3-year average PE ratio of 43.7x.
    • Analysts are expecting annual earnings growth of 18.3%, 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?

CompanyLast Price7D1YValuation
500480 Cummins India₹3.55k6.2%
+₹57.5b
-10.3%PE49.2x
505790 Schaeffler India₹4.15k5.7%
+₹34.9b
4.0%PE66.9x
500033 Force Motors₹16.42k14.5%
+₹27.4b
96.7%PE27x
500249 KSB₹881.556.2%
+₹9.0b
-6.6%PE60.3x
KIRLOSENG Kirloskar Oil Engines₹914.856.9%
+₹8.6b
-30.8%PE27.2x

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