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Indian (NIFTY) Machinery Industry Analysis

UpdatedMay 24, 2026
DataAggregated Company Financials
Companies243
  • 7D0.7%
  • 3M0.4%
  • 1Y14.3%
  • YTD2.6%

No data

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 24 May 2026₹11.6t₹3.6t₹281.7b26.4x41.1x3.2x
Tue, 21 Apr 2026₹11.6t₹2.7t₹248.1b27.4x46.9x4.3x
Thu, 19 Mar 2026₹10.8t₹2.7t₹248.3b23.8x43.5x4x
Sat, 14 Feb 2026₹11.3t₹2.7t₹247.9b25.6x45.6x4.2x
Mon, 12 Jan 2026₹10.9t₹2.6t₹241.2b27.5x45.1x4.2x
Wed, 10 Dec 2025₹10.6t₹2.6t₹240.6b28.5x43.9x4x
Fri, 07 Nov 2025₹9.9t₹2.6t₹244.5b30.9x40.4x3.7x
Sun, 05 Oct 2025₹10.1t₹2.7t₹248.5b32.3x40.8x3.8x
Tue, 02 Sep 2025₹9.9t₹2.7t₹248.7b32.1x39.6x3.7x
Thu, 31 Jul 2025₹10.0t₹2.6t₹240.0b33.9x41.7x3.8x
Sat, 28 Jun 2025₹9.9t₹2.6t₹236.3b34.1x41.9x3.8x
Mon, 26 May 2025₹9.3t₹2.6t₹232.5b32.5x40.2x3.6x
Wed, 23 Apr 2025₹8.6t₹2.5t₹226.2b32.2x38.1x3.4x
Fri, 21 Mar 2025₹8.4t₹2.5t₹226.1b29.4x37x3.3x
Sun, 16 Feb 2025₹8.0t₹2.5t₹226.1b31.1x35.2x3.2x
Tue, 14 Jan 2025₹8.8t₹2.4t₹225.4b37.2x39.1x3.6x
Thu, 12 Dec 2024₹10.2t₹2.4t₹223.3b40.3x45.5x4.2x
Sat, 09 Nov 2024₹9.9t₹2.4t₹216.2b37.9x45.9x4.2x
Mon, 07 Oct 2024₹10.1t₹2.4t₹211.5b39.5x47.7x4.3x
Wed, 04 Sep 2024₹10.3t₹2.3t₹210.4b40.3x49.1x4.4x
Fri, 02 Aug 2024₹11.0t₹2.3t₹205.2b41.9x53.4x4.7x
Sun, 30 Jun 2024₹10.9t₹2.3t₹203.7b40.6x53.5x4.8x
Tue, 28 May 2024₹9.9t₹2.3t₹201.6b41.2x49.1x4.3x
Thu, 25 Apr 2024₹8.5t₹2.2t₹188.4b39.7x45.2x3.8x
Sat, 23 Mar 2024₹7.5t₹2.2t₹190.1b33.8x39.7x3.4x
Mon, 19 Feb 2024₹7.4t₹2.2t₹188.6b34.8x39.3x3.3x
Wed, 17 Jan 2024₹7.1t₹2.2t₹176.8b34.7x40.1x3.3x
Fri, 15 Dec 2023₹6.6t₹2.1t₹172.5b32.8x38.1x3.1x
Sun, 12 Nov 2023₹6.2t₹2.1t₹171.5b31.7x36.2x2.9x
Tue, 10 Oct 2023₹6.2t₹2.1t₹161.3b31x38.2x3x
Thu, 07 Sep 2023₹6.4t₹2.1t₹161.4b30.2x39.6x3.1x
Sat, 05 Aug 2023₹5.9t₹2.0t₹156.5b30.5x38x2.9x
Mon, 03 Jul 2023₹5.5t₹2.0t₹144.0b27.1x38.5x2.8x
Wed, 31 May 2023₹5.1t₹2.0t₹143.2b25.8x35.4x2.6x
Price to Earnings Ratio

35.4x


Total Market Cap: ₹5.1tTotal Earnings: ₹143.2bTotal Revenue: ₹2.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Machinery Industry Price to Earnings3Y Average 42.2x202420252026
Current Industry PENo data
Past Earnings GrowthNo data

Industry Trends

Which industries have driven the changes within the Indian Industrials industry?

IN Market0.48%
Industrials1.31%
Machinery0.73%
Industrial Machinery1.24%
Construction Machinery and Vehicles0.47%
Agricultural Machinery-1.51%
Industry PENo data
Forecasted GrowthNo data

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ASHOKLEY Ashok Leyland₹158.213.3%
+₹29.8b		32.1%PE28.1x
MTARTECH MTAR Technologies₹8.08k11.6%
+₹25.9b		385.6%PE391.4x
TMCV Tata Motors₹382.951.3%
+₹18.4b		n/aPE46.5x
522113 Timken India₹3.75k6.2%
+₹16.4b		27.3%PE68x
AIAENG AIA Engineering₹3.99k3.6%
+₹12.9b		20.4%PE32.1x

Latest News

COCHINSHIP
₹1,532.10
Cochin Shipyard
7D
-3.9%
1Y
-20.0%
Analysis Article • 18h

Cochin Shipyard's (NSE:COCHINSHIP) Problems Go Beyond Weak Profit

The market wasn't impressed with the soft earnings from Cochin Shipyard Limited ( NSE:COCHINSHIP ) recently. We did...
ESABINDIA
₹7,053.00
ESAB India
7D
7.1%
1Y
35.7%
Analysis Article • May 23

With EPS Growth And More, ESAB India (NSE:ESABINDIA) Makes An Interesting Case

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
522113
₹3,750.85
Timken India
7D
6.2%
1Y
27.3%
TMCV
₹382.95
Tata Motors
7D
1.3%
1Y
n/a
Analysis Article • May 21

Tata Motors' (NSE:TMCV) Soft Earnings Don't Show The Whole Picture

Shareholders appeared unconcerned with Tata Motors Limited's ( NSE:TMCV ) lackluster earnings report last week. We...
THERMAX
₹4,454.60
Thermax
7D
-1.0%
1Y
25.6%
Analysis Article • May 21

We Think That There Are Issues Underlying Thermax's (NSE:THERMAX) Earnings

Thermax Limited's ( NSE:THERMAX ) stock was strong after they recently reported robust earnings. We did some analysis...
500480
₹5,361.30
Cummins India
7D
-0.5%
1Y
82.3%
Narrative Update • May 20

500480: Elevated P E And Dividend Payouts Will Constrain Future Share Returns

Analysts have lifted their price target on Cummins India from ₹3,331.78 to ₹3,400.00, citing updated assumptions for revenue growth, profit margins and future P/E that are slightly higher than before, along with a modestly higher discount rate. What's in the News Board meeting scheduled for May 27, 2026 to consider audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, and to consider recommending a final dividend on equity shares for FY 2025-26, if any, subject to shareholder approval at the AGM (company filing).
KIRLOSENG
₹1,671.00
Kirloskar Oil Engines
7D
-4.0%
1Y
95.8%
Narrative Update • May 20

KIRLOSENG: Chairman Transition And Higher Assumptions Will Support A Stronger Outlook

The analyst price target for Kirloskar Oil Engines has been revised from ₹1,546.20 to ₹1,877.80, with analysts pointing to updated assumptions on revenue growth, profit margins, and a higher future P/E multiple as key drivers of the change. What's in the News Board meeting scheduled for May 14, 2026, at 15:00 IST to consider and approve the standalone and consolidated audited financial results for the quarter and year ended March 31, 2026, and a dividend that, if approved by members, is planned to be paid on or before September 5, 2026 (Key Developments).
AIAENG
₹3,994.00
AIA Engineering
7D
3.6%
1Y
20.4%
Analysis Article • May 20

Here's Why We Think AIA Engineering (NSE:AIAENG) Might Deserve Your Attention Today

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
ELGIEQUIP
₹560.15
Elgi Equipments
7D
7.1%
1Y
17.6%
Analysis Article • May 20

Here's Why Elgi Equipments (NSE:ELGIEQUIP) Has Caught The Eye Of Investors

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
ASHOKLEY
₹158.21
Ashok Leyland
7D
3.3%
1Y
32.1%
MTARTECH
₹8,075.50
MTAR Technologies
7D
11.6%
1Y
385.6%
JYOTICNC
₹668.00
Jyoti CNC Automation
7D
-5.6%
1Y
-46.1%
Narrative Update • May 11

JYOTICNC: Upcoming Shareholder Meeting Will Support Future Upside Potential

Analysts have kept Jyoti CNC Automation's fair value estimate broadly steady at ₹987, with only minor tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions contributing to this updated price target narrative. What's in the News Jyoti CNC Automation has scheduled a Special or Extraordinary Shareholders Meeting for April 11, 2026, via postal ballot in India (Key Developments).
506076
₹1,946.45
Grindwell Norton
7D
4.6%
1Y
9.9%
ESCORTS
₹2,931.40
Escorts Kubota
7D
-2.3%
1Y
-16.5%
500249
₹820.40
KSB
7D
-3.5%
1Y
2.4%
500033
₹19,876.60
Force Motors
7D
-2.5%
1Y
94.1%