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Indian (NIFTY) Research and Consulting Services Industry Analysis

UpdatedMar 13, 2026
DataAggregated Company Financials
Companies28
  • 7D-3.3%
  • 3M-25.7%
  • 1Y-20.9%
  • YTDn/a

Over the last 7 days, the Research and Consulting Services industry has dropped 3.3%, driven by a pullback from International Gemmological Institute (India) of 7.9%. In contrast, L&T Technology Services has gained 7.6%. Overall the industry is down 21% 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
Sat, 14 Mar 2026₹695.9b₹175.8b₹25.1b32.5x27.8x4x
Mon, 09 Feb 2026₹817.5b₹176.0b₹25.1b29.7x32.5x4.6x
Wed, 07 Jan 2026₹891.7b₹171.5b₹25.1b31.6x35.6x5.2x
Fri, 05 Dec 2025₹934.7b₹171.5b₹25.1b32x37.3x5.4x
Sun, 02 Nov 2025₹895.4b₹170.3b₹24.5b34.2x36.5x5.3x
Tue, 30 Sep 2025₹874.6b₹165.7b₹24.4b33.3x35.9x5.3x
Thu, 28 Aug 2025₹911.4b₹165.7b₹24.3b36.1x37.5x5.5x
Sat, 26 Jul 2025₹932.8b₹165.2b₹24.1b39.6x38.7x5.6x
Mon, 23 Jun 2025₹924.1b₹162.9b₹24.5b37.3x37.8x5.7x
Wed, 21 May 2025₹942.6b₹163.5b₹24.3b41.3x38.9x5.8x
Fri, 18 Apr 2025₹894.7b₹158.1b₹24.4b42.1x36.6x5.7x
Sun, 16 Mar 2025₹864.7b₹158.1b₹24.4b38x35.4x5.5x
Tue, 11 Feb 2025₹1.1t₹155.3b₹24.3b46.3x44.7x7x
Thu, 09 Jan 2025₹1.1t₹152.1b₹24.5b58.1x46.4x7.5x
Sat, 07 Dec 2024₹908.7b₹144.3b₹20.3b55.3x44.7x6.3x
Mon, 04 Nov 2024₹871.1b₹145.0b₹20.7b53.7x42.1x6x
Wed, 02 Oct 2024₹916.1b₹139.8b₹20.3b55.5x45.2x6.6x
Fri, 30 Aug 2024₹956.9b₹139.5b₹20.3b48.7x47.3x6.9x
Sun, 28 Jul 2024₹916.4b₹140.0b₹20.5b41.4x44.8x6.5x
Tue, 25 Jun 2024₹872.8b₹137.9b₹20.4b36.4x42.8x6.3x
Thu, 23 May 2024₹844.7b₹5.0t₹896.8b38.6x0.9x0.2x
Sat, 20 Apr 2024₹899.3b₹127.8b₹19.9b34.6x45.2x7x
Mon, 18 Mar 2024₹880.2b₹127.8b₹19.9b34.4x44.3x6.9x
Wed, 14 Feb 2024₹925.5b₹127.8b₹19.9b36.7x46.6x7.2x
Fri, 12 Jan 2024₹835.4b₹124.3b₹19.6b32.2x42.5x6.7x
Sun, 10 Dec 2023₹784.1b₹124.3b₹19.6b30.7x39.9x6.3x
Tue, 07 Nov 2023₹693.9b₹123.1b₹19.5b36.9x35.6x5.6x
Thu, 05 Oct 2023₹739.2b₹122.6b₹19.7b39.7x37.5x6x
Sat, 02 Sep 2023₹740.6b₹122.5b₹19.7b39x37.7x6x
Mon, 31 Jul 2023₹664.4b₹122.3b₹19.6b35.2x33.8x5.4x
Wed, 28 Jun 2023₹616.8b₹119.4b₹19.6b40.4x31.5x5.2x
Fri, 26 May 2023₹602.9b₹119.8b₹19.5b42.8x30.9x5x
Sun, 23 Apr 2023₹548.9b₹115.1b₹19.0b34.4x28.9x4.8x
Tue, 21 Mar 2023₹558.6b₹115.1b₹19.0b31.8x29.4x4.9x
Price to Earnings Ratio

29.4x


Total Market Cap: ₹558.6bTotal Earnings: ₹19.0bTotal Revenue: ₹115.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Research and Consulting Services Industry Price to Earnings3Y Average 38.3x202420252026
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 27.8x which is lower than its 3-year average PE of 38.3x.
  • The 3-year average PS ratio of 5.8x is higher than the industry's current PS ratio of 4.0x.
Past Earnings Growth
  • The earnings for companies in the Research and Consulting Services industry have grown 9.7% 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-2.82%
Industrials-2.15%
Professional Services-1.52%
Research and Consulting Services-3.28%
HR Services-2.93%
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
LTTS L&T Technology Services₹3.43k7.6%
+₹25.7b
-21.7%PE28.9x
540062 Golden Crest Education & Services₹311.0026.2%
+₹339.1m
-42.8%PE2044.1x
523862 Grand Oak Canyons Distillery₹30.091.8%
+₹275.0m
-18.7%PE10298.9x
539927 Likhami Consulting₹405.006.3%
+₹237.3m
-11.3%PE1843.4x
EMUDHRA eMudhra₹415.650.5%
+₹166.7m
-49.8%PE32.9x

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