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Indian (NIFTY) Machinery Industry Analysis

UpdatedSep 16, 2025
DataAggregated Company Financials
Companies230
  • 7D2.1%
  • 3M3.7%
  • 1Y-8.6%
  • YTD0.1%

In the last week, the Machinery industry is up 2.1%, with Cochin Shipyard up 12%. However, the industry is down 8.6% over the past year. Earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 16 Sep 2025₹10.2t₹2.7t₹248.8b32.3x40.9x3.8x
Thu, 14 Aug 2025₹9.7t₹2.7t₹248.1b30.6x39.2x3.6x
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
Price to Earnings Ratio

45.1x


Total Market Cap: ₹4.6tTotal Earnings: ₹101.8bTotal Revenue: ₹1.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Machinery Industry Price to Earnings3Y Average 41.3x202320242025
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 41.3x.
  • The 3-year average PS ratio of 3.4x 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 35% per year over the last three years.
  • Revenues for these companies have grown 17% 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 Market1.58%
Industrials3.12%
Machinery2.11%
Construction Machinery and Vehicles3.30%
Industrial Machinery1.72%
Agricultural Machinery-1.81%
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 19.6%, which is higher than its past year's earnings growth of 11.2% per year.
  • Investors are most pessimistic about the Agricultural Machinery industry, which is trading close to its 3-year average of 33.2x.
Forecasted Growth
  • Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 20% over the next 5 years.
  • This is better than its past earnings growth rate of 11% per year.
  • In contrast, the Agricultural Machinery industry is expected to see its earnings grow by 10% 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
COCHINSHIP Cochin Shipyard₹1.82k11.8%
+₹50.5b
3.4%PE57x
500480 Cummins India₹4.11k2.3%
+₹25.9b
6.8%PE53.2x
505790 Schaeffler India₹4.06k4.2%
+₹25.8b
5.3%PE62.7x
500033 Force Motors₹19.73k8.6%
+₹20.6b
179.4%PE30.2x
500048 BEML₹4.34k7.3%
+₹12.3b
11.7%PE60.5x

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