eMudhra's (NSE:EMUDHRA) Solid Earnings May Rest On Weak Foundations
Nov 12
Have your own idea? Try our Stock Screener
Indian (NIFTY) Research and Consulting Services Industry Analysis
UpdatedNov 11, 2025
DataAggregated Company Financials
Companies26
- 7D0.7%
- 3M2.9%
- 1Y-16.3%
- YTDn/a
The Research and Consulting Services is pretty flat in the last 7 days, but International Gemmological Institute (India) has stood out, gaining 3.4%. As for the longer term, the industry has declined 16% in the last year. As for the next few years, earnings are expected to grow by 16% per annum.
Industry Valuation and Performance
Has the Indian Research and Consulting Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 12 Nov 2025 | ₹896.7b | ₹171.2b | ₹24.7b | 33.9x | 36.2x | 5.2x |
| Fri, 10 Oct 2025 | ₹906.7b | ₹165.7b | ₹24.4b | 35.7x | 37.2x | 5.5x |
| Sun, 07 Sep 2025 | ₹901.9b | ₹165.8b | ₹24.5b | 39.3x | 36.7x | 5.4x |
| Tue, 05 Aug 2025 | ₹918.1b | ₹165.6b | ₹24.6b | 36x | 37.3x | 5.5x |
| Thu, 03 Jul 2025 | ₹943.9b | ₹162.9b | ₹24.5b | 37.2x | 38.6x | 5.8x |
| Sat, 31 May 2025 | ₹941.0b | ₹162.9b | ₹24.3b | 37.2x | 38.7x | 5.8x |
| Mon, 28 Apr 2025 | ₹889.9b | ₹161.6b | ₹24.1b | 42.2x | 37x | 5.5x |
| Wed, 26 Mar 2025 | ₹946.0b | ₹158.1b | ₹24.4b | 39.4x | 38.8x | 6x |
| Fri, 21 Feb 2025 | ₹994.0b | ₹155.4b | ₹24.3b | 41.8x | 41x | 6.4x |
| Sun, 19 Jan 2025 | ₹1.1t | ₹154.4b | ₹24.3b | 54.3x | 46.6x | 7.3x |
| Tue, 17 Dec 2024 | ₹928.4b | ₹144.3b | ₹20.3b | 53.9x | 45.6x | 6.4x |
| Thu, 14 Nov 2024 | ₹876.7b | ₹145.1b | ₹20.5b | 43.7x | 42.8x | 6x |
| Sat, 12 Oct 2024 | ₹908.2b | ₹142.2b | ₹20.6b | 54.3x | 44.2x | 6.4x |
| Mon, 09 Sep 2024 | ₹936.1b | ₹139.5b | ₹20.3b | 47.1x | 46.2x | 6.7x |
| Wed, 07 Aug 2024 | ₹873.7b | ₹139.5b | ₹20.2b | 43.9x | 43.2x | 6.3x |
| Fri, 05 Jul 2024 | ₹908.8b | ₹137.9b | ₹20.4b | 37.6x | 44.6x | 6.6x |
| Sun, 02 Jun 2024 | ₹822.0b | ₹5.0t | ₹896.7b | 34.8x | 0.9x | 0.2x |
| Tue, 30 Apr 2024 | ₹847.6b | ₹137.5b | ₹20.3b | 36.9x | 41.7x | 6.2x |
| Thu, 28 Mar 2024 | ₹907.3b | ₹127.8b | ₹19.9b | 35.8x | 45.6x | 7.1x |
| Sat, 24 Feb 2024 | ₹931.6b | ₹127.8b | ₹19.9b | 39.8x | 46.8x | 7.3x |
| Mon, 22 Jan 2024 | ₹875.9b | ₹126.8b | ₹20.0b | 36.7x | 43.7x | 6.9x |
| Wed, 20 Dec 2023 | ₹818.7b | ₹124.3b | ₹19.6b | 30.7x | 41.7x | 6.6x |
| Fri, 17 Nov 2023 | ₹709.2b | ₹123.8b | ₹19.6b | 34.2x | 36.3x | 5.7x |
| Sun, 15 Oct 2023 | ₹757.4b | ₹122.6b | ₹19.7b | 41.4x | 38.5x | 6.2x |
| Tue, 12 Sep 2023 | ₹776.5b | ₹122.5b | ₹19.7b | 40.8x | 39.5x | 6.3x |
| Thu, 10 Aug 2023 | ₹698.1b | ₹122.3b | ₹19.6b | 37.6x | 35.5x | 5.7x |
| Sat, 08 Jul 2023 | ₹633.9b | ₹119.4b | ₹19.6b | 39.6x | 32.4x | 5.3x |
| Mon, 05 Jun 2023 | ₹622.9b | ₹119.4b | ₹19.6b | 39.9x | 31.9x | 5.2x |
| Wed, 03 May 2023 | ₹600.8b | ₹119.2b | ₹19.5b | 34.7x | 30.8x | 5x |
| Fri, 31 Mar 2023 | ₹533.7b | ₹115.1b | ₹19.0b | 30.7x | 28.1x | 4.6x |
| Sun, 26 Feb 2023 | ₹578.2b | ₹115.1b | ₹19.0b | 34.9x | 30.4x | 5x |
| Tue, 24 Jan 2023 | ₹546.9b | ₹115.9b | ₹18.9b | 32.8x | 28.9x | 4.7x |
| Thu, 22 Dec 2022 | ₹602.6b | ₹111.2b | ₹18.3b | 42x | 32.9x | 5.4x |
| Sat, 19 Nov 2022 | ₹607.3b | ₹110.6b | ₹18.3b | 37.6x | 33.1x | 5.5x |
Price to Earnings Ratio
33.1x
Current Industry PE
- Investors are relatively neutral on the Indian Research and Consulting Services 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 38.0x.
- The 3-year average PS ratio of 5.9x is higher than the industry's current PS ratio of 5.2x.
Past Earnings Growth
- The earnings for companies in the Research and Consulting Services industry have grown 10% per year over the last three years.
- Revenues for these companies have grown 16% 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 | -0.42% | |
| Industrials | -0.43% | |
| Professional Services | -1.28% | |
| Research and Consulting Services | 0.73% | |
| HR Services | -2.25% | |
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 | |
|---|---|---|---|---|---|
| IGIL International Gemmological Institute (India) | ₹346.40 | 3.4% +₹4.9b | n/a | PE29.3x | |
| LATENTVIEW Latent View Analytics | ₹485.45 | 4.3% +₹4.1b | 1.9% | PE52.6x | |
| LTTS L&T Technology Services | ₹4.10k | 0.3% +₹1.4b | -22.3% | PE34x | |
| 500262 Hybrid Financial Services | ₹24.02 | 6.4% +₹42.7m | 72.7% | PE22x | |
| 543234 SecMark Consultancy | ₹114.65 | 2.2% +₹26.1m | 12.1% | PE37x |
