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Indian (NIFTY) Agricultural Machinery Industry Analysis
UpdatedAug 25, 2026
DataAggregated Company Financials
Companies17
- 7D-1.0%
- 3M2.5%
- 1Y-12.5%
- YTDn/a
The Agricultural Machinery is pretty flat in the last 7 days, but Carraro India has stood out, gaining 4.1%. As for the longer term, the industry has declined 13% in the last year. Looking forward, earnings are forecast to grow by 9.8% annually.
Industry Valuation and Performance
Has the Indian Agricultural Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 25 Aug 2026 | ₹538.4b | ₹271.1b | ₹20.6b | 22.6x | 26.2x | 2x |
| Thu, 23 Jul 2026 | ₹521.0b | ₹262.7b | ₹20.4b | 22.7x | 25.5x | 2x |
| Sat, 20 Jun 2026 | ₹516.7b | ₹262.1b | ₹20.4b | 23x | 25.3x | 2x |
| Mon, 18 May 2026 | ₹527.8b | ₹258.8b | ₹19.9b | 23.3x | 26.5x | 2x |
| Wed, 15 Apr 2026 | ₹544.6b | ₹252.5b | ₹20.1b | 24.7x | 27.1x | 2.2x |
| Fri, 13 Mar 2026 | ₹547.1b | ₹251.4b | ₹20.0b | 22.6x | 27.4x | 2.2x |
| Sun, 08 Feb 2026 | ₹639.5b | ₹245.0b | ₹18.7b | 24.1x | 34.2x | 2.6x |
| Tue, 06 Jan 2026 | ₹668.8b | ₹241.0b | ₹19.0b | 27x | 35.2x | 2.8x |
| Thu, 04 Dec 2025 | ₹648.9b | ₹241.0b | ₹19.0b | 27.4x | 34.2x | 2.7x |
| Sat, 01 Nov 2025 | ₹658.1b | ₹230.8b | ₹18.5b | 26.7x | 35.6x | 2.9x |
| Mon, 29 Sep 2025 | ₹614.3b | ₹230.1b | ₹18.4b | 28.3x | 33.4x | 2.7x |
| Wed, 27 Aug 2025 | ₹602.6b | ₹230.1b | ₹18.4b | 26.1x | 32.8x | 2.6x |
| Fri, 25 Jul 2025 | ₹592.4b | ₹228.5b | ₹16.9b | 30.7x | 35x | 2.6x |
| Sun, 22 Jun 2025 | ₹554.2b | ₹227.6b | ₹16.8b | 28.2x | 33x | 2.4x |
| Tue, 20 May 2025 | ₹584.2b | ₹227.5b | ₹16.8b | 29.4x | 34.7x | 2.6x |
| Thu, 17 Apr 2025 | ₹533.7b | ₹215.0b | ₹17.6b | 21x | 30.3x | 2.5x |
| Sat, 15 Mar 2025 | ₹483.5b | ₹215.0b | ₹17.6b | 22.2x | 27.4x | 2.2x |
| Mon, 10 Feb 2025 | ₹555.2b | ₹211.5b | ₹17.5b | 27.8x | 31.7x | 2.6x |
| Wed, 08 Jan 2025 | ₹552.0b | ₹193.9b | ₹16.8b | 25x | 32.9x | 2.8x |
| Fri, 06 Dec 2024 | ₹550.3b | ₹190.3b | ₹16.6b | 26.1x | 33.2x | 2.9x |
| Sun, 03 Nov 2024 | ₹581.7b | ₹189.5b | ₹15.3b | 27.1x | 38x | 3.1x |
| Tue, 01 Oct 2024 | ₹633.9b | ₹190.6b | ₹15.3b | 31.5x | 41.3x | 3.3x |
| Thu, 29 Aug 2024 | ₹589.3b | ₹190.2b | ₹15.3b | 30.1x | 38.4x | 3.1x |
| Sat, 27 Jul 2024 | ₹620.3b | ₹193.9b | ₹15.8b | 30.8x | 39.4x | 3.2x |
| Mon, 24 Jun 2024 | ₹643.6b | ₹193.7b | ₹15.7b | 29.6x | 40.9x | 3.3x |
| Wed, 22 May 2024 | ₹569.2b | ₹193.6b | ₹15.8b | 26.3x | 36x | 2.9x |
| Fri, 19 Apr 2024 | ₹466.3b | ₹195.5b | ₹14.1b | 24.1x | 33.1x | 2.4x |
| Sun, 17 Mar 2024 | ₹421.1b | ₹194.7b | ₹14.0b | 26.9x | 30.1x | 2.2x |
| Tue, 13 Feb 2024 | ₹441.1b | ₹194.4b | ₹14.0b | 28.6x | 31.5x | 2.3x |
| Thu, 11 Jan 2024 | ₹450.4b | ₹196.2b | ₹13.1b | 26.1x | 34.4x | 2.3x |
| Sat, 09 Dec 2023 | ₹487.5b | ₹196.2b | ₹13.1b | 26.5x | 37.2x | 2.5x |
| Mon, 06 Nov 2023 | ₹467.4b | ₹193.0b | ₹12.9b | 32x | 36.3x | 2.4x |
| Wed, 04 Oct 2023 | ₹481.8b | ₹191.3b | ₹11.6b | 31.2x | 41.5x | 2.5x |
| Fri, 01 Sep 2023 | ₹481.6b | ₹191.2b | ₹11.6b | 36x | 41.6x | 2.5x |
Price to Earnings Ratio
41.6x
Current Industry PE
- Investors are pessimistic on the Indian Agricultural and Farm Machinery industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 26.2x which is lower than its 3-year average PE of 33.4x.
- The 3-year average PS ratio of 2.6x is higher than the industry's current PS ratio of 2.0x.
Past Earnings Growth
- The earnings for companies in the Agricultural and Farm Machinery industry have grown 21% per year over the last three years.
- Revenues for these companies have grown 12% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Agricultural Machinery compare with similar industries?
| IN Market | -0.11% | |
| Industrials | -0.96% | |
| Machinery | -0.45% | |
| Agricultural Machinery | -0.95% | |
| Industrial Machinery | 0.0076% | |
| Construction Machinery and Vehicles | -0.84% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CARRARO Carraro India | ₹532.15 | 3.8% +₹1.1b | 25.6% | PE22.8x | |
| RMDRIP R M Drip and Sprinklers Systems | ₹19.25 | 11.5% +₹847.9m | -54.4% | PE23.6x | |
| ESCORTS Escorts Kubota | ₹3.06k | 0.09% +₹302.1m | -13.7% | PE24.8x | |
| 500219 Jain Irrigation Systems | ₹27.92 | 1.2% +₹234.8m | -41.0% | PS0.3x | |
| 517431 Narmada Macplast Drip Irrigation Systems | ₹23.86 | 1.4% +₹12.3m | 17.4% | PE50.1x |