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Indian (NIFTY) Machinery Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies214
- 7D0.6%
- 3M-10.6%
- 1Y34.9%
- YTD29.2%
Last week, the Machinery industry hasn't moved much but Jyoti CNC Automation is up 11% in that time. The past year has been better, since the industry has gained 35% in that time. 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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | ₹9.4t | ₹2.4t | ₹223.1b | 35.5x | 42.2x | 3.9x |
| Sat, 19 Oct 2024 | ₹10.2t | ₹2.4t | ₹211.6b | 39.7x | 48.1x | 4.3x |
| Mon, 16 Sep 2024 | ₹10.4t | ₹2.3t | ₹210.6b | 40.4x | 49.2x | 4.4x |
| Wed, 14 Aug 2024 | ₹10.2t | ₹2.3t | ₹209.7b | 39x | 48.7x | 4.4x |
| Fri, 12 Jul 2024 | ₹11.0t | ₹2.3t | ₹203.8b | 40.1x | 54x | 4.8x |
| Sun, 09 Jun 2024 | ₹9.9t | ₹2.3t | ₹203.5b | 38.1x | 48.5x | 4.3x |
| Tue, 07 May 2024 | ₹8.9t | ₹2.3t | ₹190.5b | 39.6x | 46.5x | 3.9x |
| Thu, 04 Apr 2024 | ₹8.1t | ₹2.2t | ₹190.2b | 36.4x | 42.5x | 3.6x |
| Sat, 02 Mar 2024 | ₹7.5t | ₹2.2t | ₹188.6b | 34.9x | 39.6x | 3.4x |
| Mon, 29 Jan 2024 | ₹7.1t | ₹2.2t | ₹177.6b | 33.9x | 40.2x | 3.3x |
| Wed, 27 Dec 2023 | ₹6.9t | ₹2.2t | ₹176.4b | 32.8x | 38.9x | 3.2x |
| Fri, 24 Nov 2023 | ₹6.4t | ₹2.1t | ₹172.5b | 31.3x | 37x | 3x |
| Sun, 22 Oct 2023 | ₹6.3t | ₹2.1t | ₹162.0b | 31.5x | 39x | 3x |
| Tue, 19 Sep 2023 | ₹6.3t | ₹2.1t | ₹161.3b | 30.7x | 39x | 3x |
| Thu, 17 Aug 2023 | ₹6.0t | ₹2.1t | ₹161.4b | 29x | 37x | 2.9x |
| Sat, 15 Jul 2023 | ₹5.7t | ₹2.0t | ₹144.2b | 28.4x | 39.7x | 2.9x |
| Mon, 12 Jun 2023 | ₹5.3t | ₹2.0t | ₹144.1b | 27x | 36.8x | 2.7x |
| Wed, 10 May 2023 | ₹4.8t | ₹1.9t | ₹130.2b | 26.6x | 37.1x | 2.5x |
| Fri, 07 Apr 2023 | ₹4.7t | ₹1.9t | ₹129.6b | 23.4x | 36.3x | 2.5x |
| Sun, 05 Mar 2023 | ₹4.6t | ₹1.9t | ₹129.6b | 22.6x | 35.7x | 2.4x |
| Tue, 31 Jan 2023 | ₹4.4t | ₹1.8t | ₹115.2b | 24.7x | 38.5x | 2.5x |
| Thu, 29 Dec 2022 | ₹4.5t | ₹1.8t | ₹112.5b | 24.8x | 40x | 2.5x |
| Sat, 26 Nov 2022 | ₹4.7t | ₹1.8t | ₹110.8b | 26.2x | 42.6x | 2.7x |
| Mon, 24 Oct 2022 | ₹4.6t | ₹1.7t | ₹104.3b | 26.8x | 43.8x | 2.7x |
| Wed, 21 Sep 2022 | ₹4.6t | ₹1.7t | ₹100.2b | 27.6x | 45.8x | 2.8x |
| Fri, 19 Aug 2022 | ₹4.2t | ₹1.7t | ₹100.0b | 24.5x | 42.4x | 2.6x |
| Sun, 17 Jul 2022 | ₹3.8t | ₹1.5t | ₹89.5b | 24.2x | 42.3x | 2.5x |
| Tue, 14 Jun 2022 | ₹3.6t | ₹1.5t | ₹89.3b | 24.2x | 40.8x | 2.4x |
| Thu, 12 May 2022 | ₹3.4t | ₹1.4t | ₹84.9b | 22.5x | 40x | 2.4x |
| Sat, 09 Apr 2022 | ₹3.7t | ₹1.4t | ₹84.0b | 24.7x | 44.5x | 2.6x |
| Mon, 07 Mar 2022 | ₹3.4t | ₹1.4t | ₹84.0b | 22.9x | 40.3x | 2.4x |
| Wed, 02 Feb 2022 | ₹3.7t | ₹1.4t | ₹86.8b | 25.6x | 43.1x | 2.7x |
| Fri, 31 Dec 2021 | ₹3.6t | ₹1.4t | ₹87.0b | 23.8x | 40.9x | 2.6x |
| Sun, 28 Nov 2021 | ₹3.4t | ₹1.4t | ₹85.8b | 22.6x | 39.7x | 2.5x |
Price to Earnings Ratio
39.7x
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 41.9x.
- The 3-year average PS ratio of 3.1x 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 21% 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 | 0.26% | |
| Industrials | 0.88% | |
| Machinery | 0.63% | |
| Construction Machinery and Vehicles | 0.92% | |
| Industrial Machinery | 0.52% | |
| Agricultural Machinery | -0.014% | |
Industry PE
- Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 43.0x.
- Analysts expect its future annual earnings growth (18.9%) to be largely in line with prior year's earnings growth.
- Investors are most pessimistic about the Agricultural Machinery industry, which is trading close to its 3-year average of 31.0x.
Forecasted Growth
- Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 19% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Agricultural Machinery industry is expected to see its earnings grow by 13% 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 | |
|---|---|---|---|---|---|
| JYOTICNC Jyoti CNC Automation | ₹1.21k | 8.8% +₹22.4b | n/a | PE100.6x | |
| 500241 Kirloskar Brothers | ₹2.19k | 7.5% +₹12.2b | 129.3% | PE44.1x | |
| 531431 Shakti Pumps (India) | ₹4.89k | 9.2% +₹8.2b | 380.8% | PE29.8x | |
| 500472 SKF India | ₹4.67k | 3.6% +₹8.1b | -0.6% | PE41.2x | |
| CRAFTSMAN Craftsman Automation | ₹4.96k | 5.8% +₹6.5b | -4.3% | PE47.3x |
