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Indian (NIFTY) Industrial Machinery Industry Analysis
UpdatedJan 10, 2026
DataAggregated Company Financials
Companies184
- 7D-3.5%
- 3M-4.8%
- 1Y-14.4%
- YTDn/a
Over the last 7 days, the Industrial Machinery industry has dropped 3.5%, and Jyoti CNC Automation contributed the most with a 6.8% decline. On the other hand MTAR Technologies is actually up 13%. The industry has fallen 14% in the last year. As for the next few years, earnings are expected to grow by 20% per annum.
Industry Valuation and Performance
Has the Indian Industrial Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 10 Jan 2026 | ₹4.5t | ₹1.2t | ₹115.7b | 27.3x | 38.7x | 3.7x |
| Mon, 08 Dec 2025 | ₹4.5t | ₹1.2t | ₹115.5b | 28.8x | 39x | 3.8x |
| Wed, 05 Nov 2025 | ₹5.3t | ₹1.3t | ₹129.2b | 31.6x | 41.4x | 4.1x |
| Fri, 03 Oct 2025 | ₹5.4t | ₹1.3t | ₹128.8b | 31.3x | 42x | 4.1x |
| Sun, 31 Aug 2025 | ₹5.3t | ₹1.3t | ₹129.3b | 31.2x | 40.9x | 4.1x |
| Tue, 29 Jul 2025 | ₹5.6t | ₹1.3t | ₹124.0b | 32.6x | 45.1x | 4.3x |
| Thu, 26 Jun 2025 | ₹5.6t | ₹1.3t | ₹121.7b | 34.8x | 45.6x | 4.4x |
| Sat, 24 May 2025 | ₹5.4t | ₹1.3t | ₹118.6b | 34x | 45.6x | 4.3x |
| Mon, 21 Apr 2025 | ₹4.9t | ₹1.2t | ₹117.8b | 33.2x | 41.6x | 4x |
| Wed, 19 Mar 2025 | ₹4.8t | ₹1.2t | ₹117.8b | 29.6x | 40.6x | 3.9x |
| Fri, 14 Feb 2025 | ₹4.8t | ₹1.2t | ₹118.7b | 32.6x | 40.8x | 4x |
| Sun, 12 Jan 2025 | ₹5.5t | ₹1.2t | ₹119.3b | 38.5x | 46.4x | 4.6x |
| Tue, 10 Dec 2024 | ₹6.0t | ₹1.2t | ₹118.2b | 40.9x | 50.8x | 5x |
| Thu, 07 Nov 2024 | ₹6.0t | ₹1.2t | ₹114.0b | 38.6x | 52.4x | 5.1x |
| Sat, 05 Oct 2024 | ₹6.0t | ₹1.2t | ₹112.3b | 39.2x | 53.7x | 5.2x |
| Mon, 02 Sep 2024 | ₹6.0t | ₹1.2t | ₹111.6b | 40.3x | 53.8x | 5.2x |
| Wed, 31 Jul 2024 | ₹6.4t | ₹1.1t | ₹109.0b | 41.8x | 58.4x | 5.5x |
| Fri, 28 Jun 2024 | ₹6.3t | ₹1.1t | ₹107.4b | 40.8x | 58.8x | 5.6x |
| Sun, 26 May 2024 | ₹5.8t | ₹1.1t | ₹109.9b | 40.6x | 52.9x | 5.1x |
| Tue, 23 Apr 2024 | ₹5.0t | ₹1.1t | ₹104.5b | 37.8x | 47.5x | 4.5x |
| Thu, 21 Mar 2024 | ₹4.4t | ₹1.1t | ₹106.4b | 32.8x | 41x | 4x |
| Sat, 17 Feb 2024 | ₹4.5t | ₹1.1t | ₹105.1b | 34.8x | 42.5x | 4.1x |
| Mon, 15 Jan 2024 | ₹4.4t | ₹1.1t | ₹101.6b | 34.4x | 43.1x | 4.1x |
| Wed, 13 Dec 2023 | ₹4.0t | ₹1.1t | ₹99.4b | 31.3x | 40.4x | 3.8x |
| Fri, 10 Nov 2023 | ₹3.9t | ₹1.0t | ₹98.4b | 29.9x | 39.4x | 3.7x |
| Sun, 08 Oct 2023 | ₹3.9t | ₹1.0t | ₹97.9b | 30.4x | 40.2x | 3.8x |
| Tue, 05 Sep 2023 | ₹4.0t | ₹1.0t | ₹98.0b | 28.2x | 40.6x | 3.8x |
| Thu, 03 Aug 2023 | ₹3.8t | ₹1.0t | ₹95.0b | 29.1x | 40.1x | 3.8x |
| Sat, 01 Jul 2023 | ₹3.6t | ₹1.0t | ₹93.3b | 26.8x | 38.5x | 3.6x |
| Mon, 29 May 2023 | ₹3.3t | ₹995.2b | ₹91.5b | 26.9x | 36.2x | 3.3x |
| Wed, 26 Apr 2023 | ₹3.1t | ₹958.7b | ₹86.3b | 25.8x | 35.9x | 3.2x |
| Fri, 24 Mar 2023 | ₹3.0t | ₹957.0b | ₹86.3b | 22.1x | 35.1x | 3.2x |
| Sun, 19 Feb 2023 | ₹3.1t | ₹955.8b | ₹86.0b | 22x | 35.8x | 3.2x |
| Tue, 17 Jan 2023 | ₹3.0t | ₹913.5b | ₹77.2b | 24.9x | 38.7x | 3.3x |
Price to Earnings Ratio
38.7x
Current Industry PE
- Investors are pessimistic on the Indian Industrial 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 38.7x which is lower than its 3-year average PE of 43.6x.
- The 3-year average PS ratio of 4.2x is higher than the industry's current PS ratio of 3.7x.
Past Earnings Growth
- The earnings for companies in the Industrial Machinery industry have grown 14% per year over the last three years.
- Revenues for these companies have grown 9.4% 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 Industrial Machinery compare with similar industries?
| IN Market | -2.80% | |
| Industrials | -3.64% | |
| Machinery | -4.15% | |
| Industrial Machinery | -3.54% | |
| Agricultural Machinery | -2.28% | |
| Construction Machinery and Vehicles | -4.83% | |
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 | |
|---|---|---|---|---|---|
| MTARTECH MTAR Technologies | ₹2.69k | 13.4% +₹9.8b | 60.5% | PE184.9x | |
| 506076 Grindwell Norton | ₹1.59k | 1.7% +₹2.9b | -15.3% | PE46.2x | |
| LGBBROSLTD L.G. Balakrishnan & Bros | ₹1.86k | 5.1% +₹2.9b | 49.7% | PE18.6x | |
| 500249 KSB | ₹763.15 | 1.5% +₹2.0b | 4.0% | PE50.6x | |
| 505703 Satani Bearings | ₹310.25 | 20.4% +₹1.1b | 236.6% | PB35.3x |
