Analysis Article • May 29
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Indian (NIFTY) Marine Industry Analysis
UpdatedMay 31, 2026
DataAggregated Company Financials
Companies15
- 7D-3.9%
- 3M13.6%
- 1Y50.6%
- YTDn/a
Over the last 7 days, the Marine industry has dropped 3.9%, driven by a pullback from Shipping Corporation of India of 7.6%. This takes the industry's 12 month performance to a gain of 51%. Earnings are forecast to grow by 61% annually.
Industry Valuation and Performance
Has the Indian Marine Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 01 Jun 2026 | ₹291.8b | ₹93.8b | ₹16.1b | 13.9x | 18.2x | 3.1x |
| Wed, 29 Apr 2026 | ₹282.8b | ₹90.2b | ₹14.0b | 15.2x | 20.1x | 3.1x |
| Fri, 27 Mar 2026 | ₹233.7b | ₹90.2b | ₹14.0b | 15.8x | 16.6x | 2.6x |
| Sun, 22 Feb 2026 | ₹255.4b | ₹90.2b | ₹14.0b | 16.4x | 18.2x | 2.8x |
| Tue, 20 Jan 2026 | ₹231.5b | ₹88.7b | ₹10.9b | 15.6x | 21.2x | 2.6x |
| Thu, 18 Dec 2025 | ₹224.3b | ₹90.8b | ₹11.0b | 12.5x | 20.3x | 2.5x |
| Sat, 15 Nov 2025 | ₹233.6b | ₹91.9b | ₹11.1b | 16.4x | 21.1x | 2.5x |
| Mon, 13 Oct 2025 | ₹201.8b | ₹93.1b | ₹12.6b | 14.9x | 16.1x | 2.2x |
| Wed, 10 Sep 2025 | ₹180.7b | ₹83.2b | ₹11.8b | 14.8x | 15.3x | 2.2x |
| Fri, 08 Aug 2025 | ₹138.6b | ₹79.9b | ₹9.9b | 13.4x | 14x | 1.7x |
| Sun, 06 Jul 2025 | ₹145.2b | ₹79.9b | ₹9.9b | 13x | 14.7x | 1.8x |
| Tue, 03 Jun 2025 | ₹134.2b | ₹80.7b | ₹10.3b | 13.2x | 13x | 1.7x |
| Thu, 01 May 2025 | ₹119.3b | ₹78.3b | ₹11.6b | 14.5x | 10.3x | 1.5x |
| Sat, 29 Mar 2025 | ₹111.7b | ₹78.1b | ₹11.5b | 12.7x | 9.7x | 1.4x |
| Mon, 24 Feb 2025 | ₹118.1b | ₹78.1b | ₹11.5b | 14.5x | 10.2x | 1.5x |
| Wed, 22 Jan 2025 | ₹143.5b | ₹77.1b | ₹11.7b | 20.4x | 12.3x | 1.9x |
| Fri, 20 Dec 2024 | ₹158.2b | ₹77.1b | ₹11.7b | 21.9x | 13.5x | 2.1x |
| Sun, 17 Nov 2024 | ₹147.5b | ₹77.0b | ₹11.7b | 21.5x | 12.6x | 1.9x |
| Tue, 15 Oct 2024 | ₹160.9b | ₹72.7b | ₹8.9b | 20.7x | 18.1x | 2.2x |
| Thu, 12 Sep 2024 | ₹163.1b | ₹72.7b | ₹8.9b | 19.7x | 18.3x | 2.2x |
| Sat, 10 Aug 2024 | ₹167.4b | ₹68.9b | ₹7.7b | 21.3x | 21.7x | 2.4x |
| Mon, 08 Jul 2024 | ₹174.0b | ₹68.9b | ₹7.7b | 20.5x | 22.6x | 2.5x |
| Wed, 05 Jun 2024 | ₹144.1b | ₹69.5b | ₹7.8b | 21.7x | 18.5x | 2.1x |
| Fri, 03 May 2024 | ₹156.3b | ₹73.0b | ₹8.8b | 26x | 17.8x | 2.1x |
| Sun, 31 Mar 2024 | ₹147.0b | ₹73.0b | ₹8.8b | 14.8x | 16.8x | 2x |
| Tue, 27 Feb 2024 | ₹167.4b | ₹73.1b | ₹8.7b | 15.4x | 19.2x | 2.3x |
| Thu, 25 Jan 2024 | ₹144.9b | ₹75.1b | ₹10.5b | 19.6x | 13.7x | 1.9x |
| Sat, 23 Dec 2023 | ₹127.3b | ₹75.1b | ₹10.5b | 14.3x | 12.1x | 1.7x |
| Mon, 20 Nov 2023 | ₹111.8b | ₹75.1b | ₹10.5b | 20.2x | 10.6x | 1.5x |
| Wed, 18 Oct 2023 | ₹118.8b | ₹80.1b | ₹11.9b | 13.5x | 10x | 1.5x |
| Fri, 15 Sep 2023 | ₹115.6b | ₹79.9b | ₹11.9b | 13.2x | 9.7x | 1.4x |
| Sun, 13 Aug 2023 | ₹90.6b | ₹80.5b | ₹11.9b | 16.3x | 7.6x | 1.1x |
| Tue, 11 Jul 2023 | ₹81.0b | ₹84.6b | ₹12.0b | 14.3x | 6.8x | 1x |
| Thu, 08 Jun 2023 | ₹83.7b | ₹84.8b | ₹12.0b | 14x | 7x | 1x |
Price to Earnings Ratio
7x
Current Industry PE
- Investors are optimistic on the Indian Marine industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 18.2x which is higher than its 3-year average PE of 15.1x.
- The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 3.1x.
Past Earnings Growth
- The earnings for companies in the Marine industry have grown 10% per year over the last three years.
- Revenues for these companies have grown 3.3% 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 Marine compare with similar industries?
| IN Market | 0.43% | |
| Industrials | 2.04% | |
| Marine and Shipping | -3.91% | |
| Marine | -3.91% | |
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 | |
|---|---|---|---|---|---|
| SHREEJISPG Shreeji Shipping Global | ₹462.70 | 2.8% +₹2.1b | n/a | PE49.4x | |
| 513121 Oricon Enterprises | ₹64.67 | 4.7% +₹457.0m | 56.4% | PE55.8x | |
| 544665 Global Ocean Logistics India | ₹165.00 | 20.9% +₹411.6m | n/a | PE23.3x | |
| 539841 Lancer Container Lines | ₹10.05 | 3.1% +₹106.0m | -35.1% | PE62.5x | |
| SADHAV Sadhav Shipping | ₹115.75 | 6.4% +₹100.5m | 7.9% | PE11.3x |