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Nov 20
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Indian (NIFTY) Professional Services Industry Analysis
UpdatedNov 20, 2024
DataAggregated Company Financials
Companies63
- 7D-3.0%
- 3M-2.1%
- 1Y32.9%
- YTD18.4%
Over the last 7 days, the Professional Services industry has dropped 3.0%, driven by a pullback from L&T Technology Services of 2.8%. In contrast, Alldigi Tech has gained 5.8%. This takes the industry's 12 month performance to a gain of 33%. As for the next few years, earnings are expected to grow by 18% per annum.
Industry Valuation and Performance
Has the Indian Professional Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | ₹2.1t | ₹776.9b | ₹48.2b | 35.8x | 43.6x | 2.7x |
| Sat, 19 Oct 2024 | ₹2.0t | ₹703.8b | ₹45.3b | 36x | 44.4x | 2.9x |
| Mon, 16 Sep 2024 | ₹2.1t | ₹699.6b | ₹45.0b | 39x | 46.2x | 3x |
| Wed, 14 Aug 2024 | ₹1.8t | ₹697.7b | ₹44.6b | 35.5x | 41x | 2.6x |
| Fri, 12 Jul 2024 | ₹1.9t | ₹681.1b | ₹43.8b | 31.8x | 42.6x | 2.7x |
| Sun, 09 Jun 2024 | ₹1.7t | ₹680.2b | ₹43.8b | 26.7x | 38.8x | 2.5x |
| Tue, 07 May 2024 | ₹1.7t | ₹666.7b | ₹42.5b | 26.5x | 39.6x | 2.5x |
| Thu, 04 Apr 2024 | ₹1.8t | ₹655.0b | ₹43.8b | 25.2x | 41.1x | 2.8x |
| Sat, 02 Mar 2024 | ₹1.8t | ₹654.7b | ₹43.8b | 27.1x | 40.5x | 2.7x |
| Mon, 29 Jan 2024 | ₹1.7t | ₹639.6b | ₹43.7b | 24.9x | 38.6x | 2.6x |
| Wed, 27 Dec 2023 | ₹1.6t | ₹636.2b | ₹43.3b | 24.8x | 36.4x | 2.5x |
| Fri, 24 Nov 2023 | ₹1.5t | ₹636.2b | ₹43.3b | 23.9x | 33.6x | 2.3x |
| Sun, 22 Oct 2023 | ₹1.4t | ₹620.7b | ₹42.5b | 28.1x | 32.1x | 2.2x |
| Tue, 19 Sep 2023 | ₹1.4t | ₹619.0b | ₹42.3b | 27x | 33.3x | 2.3x |
| Thu, 17 Aug 2023 | ₹1.3t | ₹619.0b | ₹42.3b | 22.5x | 31.6x | 2.2x |
| Sat, 15 Jul 2023 | ₹1.2t | ₹594.3b | ₹39.4b | 23.4x | 31.1x | 2.1x |
| Mon, 12 Jun 2023 | ₹1.2t | ₹591.5b | ₹39.1b | 25.1x | 29.5x | 2x |
| Wed, 10 May 2023 | ₹1.1t | ₹585.0b | ₹41.2b | 24.6x | 27.1x | 1.9x |
| Fri, 07 Apr 2023 | ₹1.1t | ₹579.6b | ₹40.5b | 25.1x | 26x | 1.8x |
| Sun, 05 Mar 2023 | ₹691.2b | ₹365.9b | ₹23.2b | 26.6x | 29.8x | 1.9x |
| Tue, 31 Jan 2023 | ₹637.9b | ₹358.6b | ₹23.2b | 26.5x | 27.6x | 1.8x |
| Thu, 29 Dec 2022 | ₹693.9b | ₹351.4b | ₹22.5b | 24.8x | 30.8x | 2x |
| Sat, 26 Nov 2022 | ₹727.8b | ₹350.8b | ₹22.5b | 24.3x | 32.3x | 2.1x |
| Mon, 24 Oct 2022 | ₹704.0b | ₹334.6b | ₹21.8b | 34.7x | 32.3x | 2.1x |
| Wed, 21 Sep 2022 | ₹698.2b | ₹330.6b | ₹21.2b | 35.6x | 32.9x | 2.1x |
| Fri, 19 Aug 2022 | ₹734.8b | ₹330.4b | ₹21.2b | 32.9x | 34.7x | 2.2x |
| Sun, 17 Jul 2022 | ₹642.0b | ₹312.0b | ₹20.2b | 36.1x | 31.8x | 2.1x |
| Tue, 14 Jun 2022 | ₹641.2b | ₹307.0b | ₹19.2b | 35.3x | 33.4x | 2.1x |
| Thu, 12 May 2022 | ₹704.2b | ₹290.8b | ₹17.6b | 27.1x | 40x | 2.4x |
| Sat, 09 Apr 2022 | ₹875.1b | ₹288.1b | ₹16.9b | 35.3x | 51.7x | 3x |
| Mon, 07 Mar 2022 | ₹804.8b | ₹288.1b | ₹16.9b | 32.9x | 47.5x | 2.8x |
| Wed, 02 Feb 2022 | ₹853.9b | ₹275.4b | ₹15.8b | 31x | 53.9x | 3.1x |
| Fri, 31 Dec 2021 | ₹964.7b | ₹267.7b | ₹15.1b | 23.2x | 63.7x | 3.6x |
| Sun, 28 Nov 2021 | ₹975.6b | ₹261.5b | ₹15.2b | 23.5x | 64.3x | 3.7x |
Price to Earnings Ratio
64.3x
Current Industry PE
- Investors are optimistic on the Indian Professional Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 43.6x which is higher than its 3-year average PE of 37.4x.
- The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 2.7x.
Past Earnings Growth
- The earnings for companies in the Professional Services industry have grown 47% per year over the last three years.
- Revenues for these companies have grown 44% 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 | -1.80% | |
| Industrials | -1.98% | |
| Professional Services | -2.97% | |
| HR Services | -2.72% | |
| Research and Consulting Services | -2.78% | |
Industry PE
- Investors are most optimistic about the Research and Consulting Services industry which is trading above its 3-year average PE ratio of 37.7x.
- Analysts expect its future annual earnings growth (17.2%) to be largely in line with prior year's earnings growth.
- Investors are most pessimistic about the HR Services industry, which is trading below its 3-year average of 52.4x.
Forecasted Growth
- Analysts are most optimistic on the HR Services industry, expecting annual earnings growth of 25% over the next 5 years.
- This is better than its past earnings growth rate of 14% per year.
- In contrast, the Research and Consulting Services industry is expected to see its earnings grow by 17% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SAGILITY Sagility India | ₹29.25 | 2.3% +₹3.1b | n/a | PE65.8x | |
| QUESS Quess | ₹655.95 | 3.1% +₹3.0b | 33.8% | PE27.5x | |
| RITES RITES | ₹274.70 | 1.9% +₹2.5b | 16.5% | PE33.2x | |
| 543232 Computer Age Management Services | ₹4.54k | 1.0% +₹2.2b | 64.9% | PE52.8x | |
| ALLDIGI Alldigi Tech | ₹939.40 | 8.8% +₹1.2b | 42.3% | PE18.8x |
