Narrative Update • Jul 16

The Professional Services industry is up 1.5% in the last week, with eClerx Services up 22%. In contrast, the industry has lost 17% in the last 12 months. Earnings are forecast to grow by 15% annually.
Has the Indian Professional Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 Jul 2026 | ₹2.1t | ₹985.2b | ₹75.9b | 21.1x | 27.4x | 2.1x |
| Tue, 16 Jun 2026 | ₹2.0t | ₹976.0b | ₹74.8b | 20.2x | 26.3x | 2x |
| Thu, 14 May 2026 | ₹2.0t | ₹960.3b | ₹47.4b | 22x | 41.6x | 2.1x |
| Sat, 11 Apr 2026 | ₹1.9t | ₹953.4b | ₹45.6b | 21.8x | 41.2x | 2x |
| Mon, 09 Mar 2026 | ₹1.7t | ₹921.5b | ₹38.2b | 22.1x | 43.3x | 1.8x |
| Wed, 04 Feb 2026 | ₹2.0t | ₹905.7b | ₹38.7b | 25x | 52.4x | 2.2x |
| Fri, 02 Jan 2026 | ₹2.2t | ₹893.4b | ₹37.9b | 27.3x | 56.9x | 2.4x |
| Sun, 30 Nov 2025 | ₹2.2t | ₹892.6b | ₹37.9b | 27.8x | 57.9x | 2.5x |
| Tue, 28 Oct 2025 | ₹2.2t | ₹863.8b | ₹36.0b | 28x | 60.5x | 2.5x |
| Thu, 25 Sep 2025 | ₹2.2t | ₹856.1b | ₹35.5b | 31.5x | 60.7x | 2.5x |
| Sat, 23 Aug 2025 | ₹2.2t | ₹827.2b | ₹34.7b | 29.5x | 63.1x | 2.6x |
| Mon, 21 Jul 2025 | ₹2.2t | ₹800.3b | ₹32.1b | 31.6x | 69.4x | 2.8x |
| Wed, 18 Jun 2025 | ₹2.2t | ₹794.9b | ₹32.6b | 30.4x | 67.7x | 2.8x |
| Fri, 16 May 2025 | ₹2.2t | ₹839.9b | ₹57.9b | 27.6x | 37.2x | 2.6x |
| Sun, 13 Apr 2025 | ₹2.0t | ₹823.0b | ₹56.4b | 25.3x | 35.2x | 2.4x |
| Tue, 11 Mar 2025 | ₹2.0t | ₹822.7b | ₹56.4b | 24.8x | 36.1x | 2.5x |
| Thu, 06 Feb 2025 | ₹2.4t | ₹804.5b | ₹54.0b | 34.6x | 45x | 3x |
| Sat, 04 Jan 2025 | ₹2.6t | ₹787.1b | ₹53.1b | 38.7x | 49.6x | 3.3x |
| Mon, 02 Dec 2024 | ₹2.2t | ₹779.3b | ₹49.0b | 36.9x | 45.4x | 2.9x |
| Wed, 30 Oct 2024 | ₹1.9t | ₹713.5b | ₹46.0b | 35.9x | 42.4x | 2.7x |
| Fri, 27 Sep 2024 | ₹2.1t | ₹699.6b | ₹45.0b | 41.2x | 45.6x | 2.9x |
| Sun, 25 Aug 2024 | ₹2.0t | ₹699.3b | ₹45.0b | 36.7x | 44.5x | 2.9x |
| Tue, 23 Jul 2024 | ₹1.8t | ₹682.7b | ₹43.8b | 32.6x | 41.8x | 2.7x |
| Thu, 20 Jun 2024 | ₹1.8t | ₹680.9b | ₹43.8b | 27.8x | 40.4x | 2.6x |
| Sat, 18 May 2024 | ₹1.7t | ₹674.1b | ₹43.6b | 26.2x | 38.6x | 2.5x |
| Mon, 15 Apr 2024 | ₹1.8t | ₹655.0b | ₹43.8b | 25x | 41.1x | 2.8x |
| Wed, 13 Mar 2024 | ₹1.7t | ₹654.7b | ₹43.8b | 24.3x | 38.2x | 2.6x |
| Fri, 09 Feb 2024 | ₹1.8t | ₹649.6b | ₹43.3b | 27x | 41.1x | 2.7x |
| Sun, 07 Jan 2024 | ₹1.6t | ₹636.7b | ₹43.3b | 26.4x | 37.1x | 2.5x |
| Tue, 05 Dec 2023 | ₹1.5t | ₹636.2b | ₹43.3b | 23.9x | 34.9x | 2.4x |
| Thu, 02 Nov 2023 | ₹1.3t | ₹620.3b | ₹42.1b | 27.5x | 30.9x | 2.1x |
| Sat, 30 Sep 2023 | ₹1.4t | ₹619.1b | ₹42.3b | 27.2x | 32.5x | 2.2x |
| Mon, 28 Aug 2023 | ₹1.3t | ₹619.0b | ₹42.3b | 25.6x | 31.7x | 2.2x |
| Wed, 26 Jul 2023 | ₹1.2t | ₹601.4b | ₹39.9b | 26.3x | 31x | 2.1x |
31x
Which industries have driven the changes within the Indian Industrials industry?
| IN Market | -0.22% | |
| Industrials | -1.06% | |
| Professional Services | 1.48% | |
| HR Services | 1.45% | |
| Research and Consulting Services | 0.86% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ECLERX eClerx Services | ₹1.98k | 22.1% +₹33.2b | 6.6% | PE26x | |
| LTTS L&T Technology Services | ₹3.42k | 4.2% +₹14.5b | -22.4% | PE28.3x | |
| 501261 Lord's Mark Industries | ₹80.30 | 27.5% +₹7.4b | -99.2% | PE70.5x | |
| FSL Firstsource Solutions | ₹266.38 | 2.6% +₹4.1b | -24.6% | PE27.3x | |
| BLSE BLS E-Services | ₹274.37 | 4.2% +₹1.0b | 47.8% | PE43.4x |