With EPS Growth And More, L&T Technology Services (NSE:LTTS) Makes An Interesting Case
Apr 13
Indian (NIFTY) Research and Consulting Services Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies26
- 7D-6.4%
- 3M1.8%
- 1Y62.5%
- YTDn/a
Over the last 7 days, the Research and Consulting Services industry has dropped 6.4%, driven by a pullback from L&T Technology Services of 7.4%. This takes the industry's 12 month performance to a gain of 63%. As for the next few years, earnings are expected to grow by 18% 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 |
|---|---|---|---|---|---|---|
| Mon, 22 Apr 2024 | ₹893.1b | ₹127.8b | ₹19.9b | 34.5x | 44.9x | 7x |
| Wed, 20 Mar 2024 | ₹855.3b | ₹127.8b | ₹19.9b | 34.1x | 43x | 6.7x |
| Fri, 16 Feb 2024 | ₹926.5b | ₹127.8b | ₹19.9b | 40.5x | 46.6x | 7.2x |
| Sun, 14 Jan 2024 | ₹851.7b | ₹124.3b | ₹19.6b | 34.4x | 43.4x | 6.9x |
| Tue, 12 Dec 2023 | ₹789.1b | ₹124.3b | ₹19.6b | 31.6x | 40.2x | 6.3x |
| Thu, 09 Nov 2023 | ₹696.0b | ₹123.1b | ₹19.5b | 34.6x | 35.7x | 5.7x |
| Sat, 07 Oct 2023 | ₹746.1b | ₹122.6b | ₹19.7b | 40.8x | 37.9x | 6.1x |
| Mon, 04 Sep 2023 | ₹740.6b | ₹122.5b | ₹19.7b | 39x | 37.7x | 6x |
| Wed, 02 Aug 2023 | ₹680.9b | ₹122.3b | ₹19.6b | 36.5x | 34.7x | 5.6x |
| Fri, 30 Jun 2023 | ₹615.8b | ₹119.4b | ₹19.6b | 39.5x | 31.5x | 5.2x |
| Sun, 28 May 2023 | ₹615.5b | ₹118.9b | ₹19.5b | 43.6x | 31.5x | 5.2x |
| Tue, 25 Apr 2023 | ₹554.3b | ₹115.1b | ₹19.0b | 34.6x | 29.2x | 4.8x |
| Thu, 23 Mar 2023 | ₹548.3b | ₹115.1b | ₹19.0b | 32x | 28.9x | 4.8x |
| Sat, 18 Feb 2023 | ₹574.1b | ₹115.1b | ₹19.0b | 30.9x | 30.2x | 5x |
| Mon, 16 Jan 2023 | ₹552.8b | ₹111.9b | ₹18.4b | 34.1x | 30.1x | 4.9x |
| Wed, 14 Dec 2022 | ₹612.5b | ₹111.2b | ₹18.3b | 42.6x | 33.4x | 5.5x |
| Fri, 11 Nov 2022 | ₹589.1b | ₹111.9b | ₹18.7b | 42.8x | 31.5x | 5.3x |
| Sun, 09 Oct 2022 | ₹576.5b | ₹107.6b | ₹18.0b | 46.8x | 32.1x | 5.4x |
| Tue, 06 Sep 2022 | ₹579.5b | ₹107.5b | ₹18.0b | 46.6x | 32.3x | 5.4x |
| Thu, 04 Aug 2022 | ₹541.8b | ₹107.5b | ₹17.9b | 47.5x | 30.2x | 5x |
| Sat, 02 Jul 2022 | ₹466.2b | ₹101.0b | ₹16.6b | 44.6x | 28.1x | 4.6x |
| Mon, 30 May 2022 | ₹520.0b | ₹99.3b | ₹16.2b | 25.2x | 32.2x | 5.2x |
| Wed, 27 Apr 2022 | ₹590.7b | ₹97.1b | ₹16.1b | 35.3x | 36.8x | 6.1x |
| Fri, 25 Mar 2022 | ₹688.5b | ₹94.5b | ₹15.4b | 35.3x | 44.8x | 7.3x |
| Sun, 20 Feb 2022 | ₹642.7b | ₹94.5b | ₹15.4b | 39x | 41.8x | 6.8x |
| Tue, 18 Jan 2022 | ₹790.5b | ₹88.2b | ₹14.1b | 25.4x | 56x | 9x |
| Thu, 16 Dec 2021 | ₹761.8b | ₹88.2b | ₹14.1b | 19.9x | 53.9x | 8.6x |
| Sat, 13 Nov 2021 | ₹635.5b | ₹81.8b | ₹12.8b | 30.5x | 49.8x | 7.8x |
| Mon, 11 Oct 2021 | ₹588.7b | ₹78.5b | ₹12.1b | 30.4x | 48.6x | 7.5x |
| Wed, 08 Sep 2021 | ₹529.2b | ₹79.1b | ₹12.0b | 34.4x | 44x | 6.7x |
| Fri, 06 Aug 2021 | ₹460.4b | ₹79.1b | ₹12.0b | 29.2x | 38.3x | 5.8x |
| Mon, 10 May 2021 | ₹350.0b | ₹76.7b | ₹10.9b | 27.5x | 32x | 4.6x |
Price to Earnings Ratio
32x
Current Industry PE
- Investors are optimistic on the Indian Research and Consulting Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 44.9x which is higher than its 3-year average PE of 37.5x.
- The 3-year average PS ratio of 6.0x is lower than the industry's current PS ratio of 7.0x.
Past Earnings Growth
- The earnings for companies in the Research and Consulting Services industry have grown 22% per year over the last three years.
- Revenues for these companies have grown 19% 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 | -1.57% | |
| Industrials | -1.24% | |
| Professional Services | -4.13% | |
| Research and Consulting Services | -6.37% | |
| HR Services | 0.77% | |
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 | |
|---|---|---|---|---|---|
| EMUDHRA eMudhra | ₹758.75 | 7.5% +₹4.4b | 183.1% | PE89.9x | |
| 543713 DroneAcharya Aerial Innovations | ₹167.55 | 8.4% +₹310.7m | 30.4% | PE55.4x | |
| REPL Rudrabhishek Enterprises | ₹190.45 | 5.5% +₹171.7m | -1.4% | PE24.9x | |
| 544091 Qualitek Labs | ₹157.50 | 5.0% +₹55.3m | n/a | PE39.1x | |
| MITCON MITCON Consultancy & Engineering Services | ₹118.90 | 0.9% +₹14.1m | 57.8% | PE34.2x |
