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Indian (NIFTY) Machinery Industry Analysis

UpdatedJul 30, 2025
DataAggregated Company Financials
Companies226
  • 7D-2.9%
  • 3M14.0%
  • 1Y-15.7%
  • YTD-1.6%

Over the last 7 days, the Machinery industry has dropped 2.9%, driven by Schaeffler India declining 5.4%. Meanwhile, Olectra Greentech actually outperformed within the industry, gaining 13% in the last week. The industry has fallen 16% in the last year. Looking forward, earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

Has the Indian Machinery Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 30 Jul 2025₹10.0t₹2.6t₹239.7b33.6x41.6x3.8x
Fri, 27 Jun 2025₹9.9t₹2.6t₹236.1b34.1x41.8x3.8x
Sun, 25 May 2025₹9.3t₹2.6t₹232.4b32.7x40.2x3.6x
Tue, 22 Apr 2025₹8.6t₹2.5t₹226.2b31.9x37.9x3.4x
Thu, 20 Mar 2025₹8.3t₹2.5t₹226.1b29.4x36.8x3.3x
Sat, 15 Feb 2025₹8.0t₹2.5t₹226.9b31.3x35.1x3.2x
Mon, 13 Jan 2025₹9.2t₹2.4t₹225.4b38.1x40.8x3.8x
Wed, 11 Dec 2024₹10.0t₹2.4t₹223.3b40.2x45x4.2x
Fri, 08 Nov 2024₹10.0t₹2.4t₹214.3b38.3x46.5x4.2x
Sun, 06 Oct 2024₹10.1t₹2.4t₹211.5b39.5x47.7x4.3x
Tue, 03 Sep 2024₹10.3t₹2.3t₹210.4b40.4x48.9x4.4x
Thu, 01 Aug 2024₹11.1t₹2.3t₹205.8b41.9x53.7x4.8x
Sat, 29 Jun 2024₹10.9t₹2.3t₹203.7b40.6x53.5x4.8x
Mon, 27 May 2024₹9.8t₹2.3t₹201.7b40.2x48.8x4.3x
Wed, 24 Apr 2024₹8.4t₹2.2t₹188.4b39.6x44.7x3.8x
Fri, 22 Mar 2024₹7.5t₹2.2t₹190.1b33.4x39.2x3.3x
Sun, 18 Feb 2024₹7.4t₹2.2t₹188.9b34.8x39.2x3.3x
Tue, 16 Jan 2024₹7.1t₹2.2t₹176.8b34.7x40.2x3.3x
Thu, 14 Dec 2023₹6.5t₹2.1t₹172.5b33.5x37.9x3.1x
Sat, 11 Nov 2023₹6.2t₹2.1t₹171.7b32.2x36.2x2.9x
Mon, 09 Oct 2023₹6.3t₹2.1t₹161.3b31.4x38.8x3x
Wed, 06 Sep 2023₹6.4t₹2.1t₹161.4b30.5x39.6x3.1x
Fri, 04 Aug 2023₹5.9t₹2.0t₹154.6b29.9x38.5x2.9x
Sun, 02 Jul 2023₹5.5t₹2.0t₹144.0b27.1x38.5x2.8x
Tue, 30 May 2023₹5.0t₹2.0t₹140.4b26.7x35.8x2.6x
Thu, 27 Apr 2023₹4.7t₹1.9t₹129.6b26.1x36.2x2.5x
Sat, 25 Mar 2023₹4.5t₹1.9t₹129.6b22.4x35x2.4x
Mon, 20 Feb 2023₹4.7t₹1.9t₹129.3b23.2x36.3x2.5x
Wed, 18 Jan 2023₹4.6t₹1.8t₹112.6b25.6x40.5x2.6x
Fri, 16 Dec 2022₹4.7t₹1.8t₹112.5b26.1x42x2.6x
Sun, 13 Nov 2022₹4.7t₹1.7t₹106.4b26.9x43.8x2.7x
Tue, 11 Oct 2022₹4.6t₹1.7t₹102.7b27.5x45x2.8x
Thu, 08 Sep 2022₹4.6t₹1.7t₹100.2b25.6x45.9x2.8x
Sat, 06 Aug 2022₹4.0t₹1.6t₹97.2b25.6x41.6x2.5x
Price to Earnings Ratio

41.6x


Total Market Cap: ₹4.0tTotal Earnings: ₹97.2bTotal Revenue: ₹1.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Machinery Industry Price to Earnings3Y Average 41.4x202320242025
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 41.4x.
  • The 3-year average PS ratio of 3.3x is lower than the industry's current PS ratio of 3.8x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have grown 35% per year over the last three years.
  • Revenues for these companies have grown 18% 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-1.63%
Industrials-2.71%
Machinery-2.85%
Agricultural Machinery0.057%
Construction Machinery and Vehicles-1.75%
Industrial Machinery-3.87%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry, which is trading close to its 3-year average PE ratio of 43.8x.
    • Analysts are expecting annual earnings growth of 19.1%, which is higher than its past year's earnings growth of 12.9% per year.
  • Investors are most pessimistic about the Agricultural Machinery industry, which is trading close to its 3-year average of 32.7x.
Forecasted Growth
  • Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 19% over the next 5 years.
  • This is better than its past earnings growth rate of 13% per year.
  • In contrast, the Agricultural Machinery industry is expected to see its earnings grow by 12% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
CRAFTSMAN Craftsman Automation₹6.86k7.2%
+₹10.9b
22.8%PE77.6x
532439 Olectra Greentech₹1.42k6.9%
+₹7.6b
-16.9%PE83.9x
500033 Force Motors₹17.68k3.2%
+₹7.2b
91.2%PE27x
JYOTICNC Jyoti CNC Automation₹1.05k1.4%
+₹3.3b
-8.3%PE75.3x
505255 GMM Pfaudler₹1.36k4.4%
+₹2.6b
-5.9%PE115.3x

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