Narrative Update • Jun 09
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Indian (NIFTY) Industrial Machinery Industry Analysis
UpdatedJun 19, 2026
DataAggregated Company Financials
Companies188
- 7D7.1%
- 3M30.9%
- 1Y18.5%
- YTDn/a
The Industrial Machinery industry is up 5.3% in the last week, with MTAR Technologies up 32%. During this same period, the Shaily Engineering Plastics underperformed, falling 6.8%. This means that the industry has gained 17% over the past year. As for the next few years, earnings are expected to grow by 21% 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 |
|---|---|---|---|---|---|---|
| Fri, 19 Jun 2026 | ₹5.7t | ₹1.3t | ₹123.3b | 28.9x | 46.2x | 4.3x |
| Sun, 17 May 2026 | ₹5.2t | ₹1.3t | ₹121.7b | 24.4x | 42.8x | 4.1x |
| Tue, 14 Apr 2026 | ₹4.7t | ₹1.2t | ₹119.2b | 25x | 39.7x | 3.8x |
| Thu, 12 Mar 2026 | ₹4.5t | ₹1.2t | ₹118.8b | 23.9x | 37.7x | 3.6x |
| Sat, 07 Feb 2026 | ₹4.5t | ₹1.2t | ₹117.7b | 25.6x | 37.8x | 3.7x |
| Mon, 05 Jan 2026 | ₹4.6t | ₹1.2t | ₹115.6b | 29.3x | 40.2x | 3.9x |
| Wed, 03 Dec 2025 | ₹5.1t | ₹1.3t | ₹125.9b | 30x | 40.3x | 3.9x |
| Fri, 31 Oct 2025 | ₹5.3t | ₹1.3t | ₹128.5b | 31.5x | 41.3x | 4.1x |
| Sun, 28 Sep 2025 | ₹5.4t | ₹1.3t | ₹130.2b | 31.3x | 41.3x | 4.1x |
| Tue, 26 Aug 2025 | ₹5.4t | ₹1.3t | ₹129.3b | 32x | 42x | 4.2x |
| Thu, 24 Jul 2025 | ₹5.8t | ₹1.3t | ₹123.8b | 34x | 47.1x | 4.5x |
| Sat, 21 Jun 2025 | ₹5.4t | ₹1.3t | ₹121.7b | 34.4x | 44.7x | 4.3x |
| Mon, 19 May 2025 | ₹5.4t | ₹1.3t | ₹136.0b | 33.1x | 39.6x | 4x |
| Wed, 16 Apr 2025 | ₹4.8t | ₹1.2t | ₹117.7b | 33.2x | 41x | 4x |
| Fri, 14 Mar 2025 | ₹4.7t | ₹1.2t | ₹117.8b | 28.6x | 39.6x | 3.8x |
| Sun, 09 Feb 2025 | ₹5.2t | ₹1.2t | ₹117.3b | 36.7x | 44.3x | 4.3x |
| Tue, 07 Jan 2025 | ₹5.7t | ₹1.2t | ₹118.7b | 39.5x | 47.8x | 4.7x |
| Thu, 05 Dec 2024 | ₹6.0t | ₹1.2t | ₹118.2b | 39.3x | 50.8x | 5x |
| Sat, 02 Nov 2024 | ₹5.9t | ₹1.2t | ₹113.8b | 37.6x | 52x | 5x |
| Mon, 30 Sep 2024 | ₹6.1t | ₹1.2t | ₹112.0b | 39.8x | 54.5x | 5.2x |
| Wed, 28 Aug 2024 | ₹6.0t | ₹1.2t | ₹111.6b | 40.7x | 54.1x | 5.2x |
| Fri, 26 Jul 2024 | ₹6.2t | ₹1.1t | ₹108.7b | 41.2x | 56.6x | 5.4x |
| Sun, 23 Jun 2024 | ₹6.3t | ₹1.1t | ₹107.4b | 41.3x | 58.9x | 5.6x |
| Tue, 21 May 2024 | ₹5.8t | ₹1.1t | ₹109.6b | 42.4x | 53.1x | 5.1x |
| Thu, 18 Apr 2024 | ₹4.9t | ₹1.1t | ₹106.4b | 36.4x | 45.9x | 4.4x |
| Sat, 16 Mar 2024 | ₹4.2t | ₹1.1t | ₹105.0b | 31.1x | 40x | 3.9x |
| Mon, 12 Feb 2024 | ₹4.5t | ₹1.1t | ₹103.9b | 33.8x | 42.8x | 4.1x |
| Wed, 10 Jan 2024 | ₹4.4t | ₹1.1t | ₹103.5b | 34.9x | 42.5x | 4.1x |
| Fri, 08 Dec 2023 | ₹4.0t | ₹1.1t | ₹99.4b | 31.7x | 40.5x | 3.8x |
| Sun, 05 Nov 2023 | ₹3.9t | ₹1.0t | ₹99.3b | 30.9x | 39x | 3.7x |
| Tue, 03 Oct 2023 | ₹4.0t | ₹1.0t | ₹97.9b | 29.3x | 40.4x | 3.8x |
| Thu, 31 Aug 2023 | ₹3.9t | ₹1.0t | ₹98.0b | 29.2x | 39.8x | 3.8x |
| Sat, 29 Jul 2023 | ₹3.8t | ₹1.0t | ₹94.2b | 28.9x | 40x | 3.7x |
| Mon, 26 Jun 2023 | ₹3.6t | ₹1.0t | ₹93.3b | 26.8x | 38.4x | 3.6x |
Price to Earnings Ratio
38.4x
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 44.1x.
- 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 9.7% per year over the last three years.
- Revenues for these companies have grown 10% 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 | 5.06% | |
| Industrials | 7.40% | |
| Machinery | 8.14% | |
| Industrial Machinery | 7.10% | |
| Construction Machinery and Vehicles | 9.49% | |
| Agricultural Machinery | 4.16% | |
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 | ₹8.31k | 31.7% +₹61.5b | 383.1% | PE271.7x | |
| KIRLOSENG Kirloskar Oil Engines | ₹1.98k | 10.3% +₹27.0b | 136.9% | PE50.6x | |
| LLOYDSENGG Lloyds Engineering Works | ₹84.76 | 27.0% +₹26.7b | 51.0% | PE66.1x | |
| 506076 Grindwell Norton | ₹2.11k | 11.3% +₹23.7b | 29.9% | PE56.1x | |
| INGERRAND Ingersoll-Rand (India) | ₹4.71k | 17.8% +₹22.5b | 25.8% | PE58.1x |