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Indian (NIFTY) Industrial Machinery Industry Analysis
UpdatedMay 05, 2026
DataAggregated Company Financials
Companies185
- 7D0.2%
- 3M13.6%
- 1Y13.3%
- YTDn/a
The Industrial Machinery is pretty flat in the last 7 days, but MTAR Technologies has stood out, gaining 18%. The past year has been better, since the industry has gained 13% in that time. Earnings are forecast to grow by 22% annually.
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 |
|---|---|---|---|---|---|---|
| Wed, 06 May 2026 | ₹5.2t | ₹1.2t | ₹119.2b | 27.1x | 43.2x | 4.1x |
| Fri, 03 Apr 2026 | ₹4.4t | ₹1.2t | ₹119.3b | 22.9x | 36.7x | 3.5x |
| Sun, 01 Mar 2026 | ₹4.6t | ₹1.2t | ₹118.1b | 25.2x | 38.7x | 3.7x |
| Tue, 27 Jan 2026 | ₹4.2t | ₹1.2t | ₹115.9b | 25.1x | 36.4x | 3.5x |
| Thu, 25 Dec 2025 | ₹4.6t | ₹1.2t | ₹115.5b | 28.8x | 39.9x | 3.9x |
| Sat, 22 Nov 2025 | ₹5.1t | ₹1.3t | ₹125.8b | 30.6x | 40.6x | 4x |
| Mon, 20 Oct 2025 | ₹5.2t | ₹1.3t | ₹129.0b | 29.6x | 40.5x | 4x |
| Wed, 17 Sep 2025 | ₹5.5t | ₹1.3t | ₹129.4b | 33.2x | 42.5x | 4.2x |
| Fri, 15 Aug 2025 | ₹5.3t | ₹1.3t | ₹129.3b | 30.1x | 40.9x | 4.1x |
| Sun, 13 Jul 2025 | ₹5.7t | ₹1.3t | ₹123.7b | 33.5x | 46.1x | 4.5x |
| Tue, 10 Jun 2025 | ₹5.5t | ₹1.3t | ₹120.7b | 33.9x | 45.7x | 4.4x |
| Thu, 08 May 2025 | ₹4.9t | ₹1.2t | ₹118.8b | 31.4x | 41.2x | 4x |
| Sat, 05 Apr 2025 | ₹4.8t | ₹1.2t | ₹117.8b | 31.6x | 40.5x | 3.9x |
| Mon, 03 Mar 2025 | ₹4.5t | ₹1.2t | ₹117.9b | 29.1x | 37.8x | 3.6x |
| Wed, 29 Jan 2025 | ₹5.0t | ₹1.2t | ₹118.9b | 34.8x | 42.2x | 4.2x |
| Fri, 27 Dec 2024 | ₹5.7t | ₹1.2t | ₹118.7b | 38.8x | 48.4x | 4.8x |
| Sun, 24 Nov 2024 | ₹5.6t | ₹1.2t | ₹118.2b | 36.2x | 47.7x | 4.7x |
| Tue, 22 Oct 2024 | ₹6.0t | ₹1.2t | ₹112.5b | 38.9x | 53.6x | 5.2x |
| Thu, 19 Sep 2024 | ₹6.1t | ₹1.2t | ₹111.9b | 39.5x | 54.3x | 5.2x |
| Sat, 17 Aug 2024 | ₹5.9t | ₹1.2t | ₹111.5b | 38.3x | 53.2x | 5.1x |
| Mon, 15 Jul 2024 | ₹6.3t | ₹1.1t | ₹107.6b | 42x | 58.2x | 5.5x |
| Wed, 12 Jun 2024 | ₹5.8t | ₹1.1t | ₹107.4b | 37.6x | 54.3x | 5.2x |
| Fri, 10 May 2024 | ₹5.2t | ₹1.1t | ₹107.1b | 40.9x | 48.7x | 4.7x |
| Sun, 07 Apr 2024 | ₹4.9t | ₹1.1t | ₹106.3b | 35.9x | 46.3x | 4.5x |
| Tue, 05 Mar 2024 | ₹4.4t | ₹1.1t | ₹104.9b | 34.3x | 42.3x | 4.1x |
| Thu, 01 Feb 2024 | ₹4.5t | ₹1.1t | ₹102.2b | 34x | 43.7x | 4.2x |
| Sat, 30 Dec 2023 | ₹4.4t | ₹1.1t | ₹103.4b | 32.6x | 42.5x | 4.1x |
| Mon, 27 Nov 2023 | ₹3.9t | ₹1.1t | ₹99.3b | 31.1x | 39.1x | 3.7x |
| Wed, 25 Oct 2023 | ₹3.8t | ₹1.0t | ₹98.1b | 28.9x | 39.2x | 3.7x |
| Fri, 22 Sep 2023 | ₹3.9t | ₹1.0t | ₹97.9b | 28.5x | 39.8x | 3.8x |
| Sun, 20 Aug 2023 | ₹3.8t | ₹1.0t | ₹98.0b | 28.1x | 38.7x | 3.7x |
| Tue, 18 Jul 2023 | ₹3.7t | ₹1.0t | ₹93.8b | 28.2x | 39.8x | 3.7x |
| Thu, 15 Jun 2023 | ₹3.5t | ₹1.0t | ₹93.3b | 26.7x | 37.9x | 3.5x |
| Sat, 13 May 2023 | ₹3.2t | ₹964.0b | ₹87.3b | 27.5x | 36.9x | 3.3x |
Price to Earnings Ratio
36.9x
Current Industry PE
- Investors are relatively neutral on the Indian Industrial 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 43.9x.
- The industry is trading close to its 3-year average PS ratio of 4.2x.
Past Earnings Growth
- The earnings for companies in the Industrial Machinery industry have grown 11% per year over the last three years.
- Revenues for these companies have grown 9.0% 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 | -0.17% | |
| Industrials | 1.15% | |
| Machinery | -0.46% | |
| Industrial Machinery | 0.16% | |
| Agricultural Machinery | -0.65% | |
| Construction Machinery and Vehicles | -0.98% | |
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 | ₹6.27k | 18.4% +₹30.0b | 349.5% | PE303.7x | |
| ESABINDIA ESAB India | ₹7.08k | 14.4% +₹13.8b | 52.0% | PE51.8x | |
| THERMAX Thermax | ₹4.11k | 2.4% +₹11.1b | 27.8% | PE67.9x | |
| 501423 Shaily Engineering Plastics | ₹2.60k | 4.5% +₹5.2b | 68.3% | PE75.5x | |
| 505890 Kennametal India | ₹2.80k | 7.2% +₹4.1b | 33.0% | PE55.2x |
