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Indian (NIFTY) Research and Consulting Services Industry Analysis

UpdatedJan 22, 2026
DataAggregated Company Financials
Companies29
  • 7D-7.3%
  • 3M-10.7%
  • 1Y-30.4%
  • YTDn/a

Over the last 7 days, the Research and Consulting Services industry has dropped 6.1%, driven by a pullback from L&T Technology Services of 11%. Overall the industry is down 30% in 12 months. Looking forward, earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

Has the Indian Research and Consulting Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 22 Jan 2026₹804.8b₹174.1b₹25.0b27.8x32.2x4.6x
Sat, 20 Dec 2025₹914.6b₹171.5b₹25.1b31.8x36.5x5.3x
Mon, 17 Nov 2025₹898.4b₹171.5b₹25.0b34x35.9x5.2x
Wed, 15 Oct 2025₹886.9b₹165.7b₹24.4b34.6x36.4x5.4x
Fri, 12 Sep 2025₹914.2b₹165.8b₹24.5b38.6x37.2x5.5x
Sun, 10 Aug 2025₹884.9b₹165.6b₹24.6b35.4x36x5.3x
Tue, 08 Jul 2025₹960.1b₹162.3b₹24.1b38.1x39.8x5.9x
Thu, 05 Jun 2025₹953.1b₹162.8b₹24.3b38.7x39.2x5.9x
Sat, 03 May 2025₹875.1b₹161.6b₹24.1b37.4x36.3x5.4x
Mon, 31 Mar 2025₹923.2b₹158.1b₹24.4b39x37.8x5.8x
Wed, 26 Feb 2025₹955.4b₹155.4b₹24.3b41.9x39.4x6.1x
Fri, 24 Jan 2025₹1.1t₹154.9b₹24.4b54.6x47.2x7.4x
Sun, 22 Dec 2024₹1.1t₹152.3b₹24.5b53x43.4x7x
Tue, 19 Nov 2024₹866.9b₹144.6b₹20.3b44.3x42.6x6x
Thu, 17 Oct 2024₹920.8b₹142.2b₹20.6b57.5x44.8x6.5x
Sat, 14 Sep 2024₹966.6b₹139.8b₹20.3b54.1x47.7x6.9x
Mon, 12 Aug 2024₹870.2b₹139.5b₹20.2b42.8x43.1x6.2x
Wed, 10 Jul 2024₹913.2b₹138.1b₹20.4b40.2x44.8x6.6x
Fri, 07 Jun 2024₹836.3b₹5.0t₹896.7b34.1x0.9x0.2x
Sun, 05 May 2024₹832.3b₹137.8b₹20.4b36x40.9x6x
Tue, 02 Apr 2024₹943.6b₹127.8b₹19.9b35.8x47.5x7.4x
Thu, 29 Feb 2024₹915.1b₹127.8b₹19.9b39.7x46x7.2x
Sat, 27 Jan 2024₹882.8b₹127.0b₹20.1b37.3x44x7x
Mon, 25 Dec 2023₹811.4b₹124.3b₹19.6b32.2x41.3x6.5x
Wed, 22 Nov 2023₹746.2b₹124.3b₹19.6b32.6x38x6x
Fri, 20 Oct 2023₹725.3b₹123.6b₹19.8b40.1x36.5x5.9x
Sun, 17 Sep 2023₹766.8b₹122.5b₹19.7b41.6x39x6.3x
Tue, 15 Aug 2023₹691.3b₹122.5b₹19.7b37.3x35.1x5.6x
Thu, 13 Jul 2023₹629.1b₹119.4b₹19.6b39x32.2x5.3x
Sat, 10 Jun 2023₹606.4b₹119.4b₹19.6b39.5x31x5.1x
Mon, 08 May 2023₹602.3b₹119.2b₹19.5b35.5x30.9x5.1x
Wed, 05 Apr 2023₹548.3b₹115.1b₹19.0b31.8x28.9x4.8x
Fri, 03 Mar 2023₹577.5b₹115.1b₹19.0b34.8x30.4x5x
Sun, 29 Jan 2023₹537.5b₹116.0b₹19.0b32.9x28.3x4.6x
Price to Earnings Ratio

28.3x


Total Market Cap: ₹537.5bTotal Earnings: ₹19.0bTotal Revenue: ₹116.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Research and Consulting Services Industry Price to Earnings3Y Average 38.2x202420252026
Current Industry PE
  • Investors are pessimistic on the Indian Research and Consulting Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 32.9x which is lower than its 3-year average PE of 38.2x.
  • The 3-year average PS ratio of 5.9x is higher than the industry's current PS ratio of 4.7x.
Past Earnings Growth
  • The earnings for companies in the Research and Consulting Services industry have grown 9.6% per year over the last three years.
  • Revenues for these companies have grown 15% 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 Research and Consulting Services compare with similar industries?

IN Market-3.07%
Industrials-4.36%
Professional Services-5.53%
Research and Consulting Services-7.31%
HR Services-4.23%
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?

CompanyLast Price7D1YValuation
544091 Qualitek Labs₹346.501.6%
+₹64.1m
15.5%PE64.1x
544341 Landmark Global Learning₹45.990.8%
+₹7.6m
n/aPE9.6x
508867 New Markets Advisory₹10.024.9%
+₹582.8k
n/aPE9.3x