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Indian (NIFTY) Tech Sector Analysis

UpdatedDec 04, 2022
DataAggregated Company Financials
Companies284
  • 7D1.8%
  • 3M8.8%
  • 1Y-12.7%
  • YTD-18.9%

Over the last 7 days, the Tech industry has risen 1.8%, driven by gains from Tata Consultancy Services of 1.5%. However, the industry is down 13% over the past year. Earnings are forecast to grow by 13% annually.

Sector Valuation and Performance

Has the Indian Tech Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 04 Dec 2022₹33.2t₹8.5t₹1.1t29.7x29.6x3.9x
Tue, 01 Nov 2022₹30.5t₹8.4t₹1.1t29.6x27.1x3.6x
Thu, 29 Sep 2022₹29.0t₹8.2t₹1.1t26.2x26.1x3.6x
Sat, 27 Aug 2022₹30.7t₹8.1t₹1.1t27.1x27.8x3.8x
Mon, 25 Jul 2022₹30.2t₹7.9t₹1.1t28.3x27.2x3.8x
Wed, 22 Jun 2022₹29.8t₹7.7t₹1.1t26.1x27.1x3.9x
Fri, 20 May 2022₹30.3t₹7.7t₹1.1t29x27.6x4x
Sun, 17 Apr 2022₹35.8t₹7.5t₹1.1t34.3x33.4x4.8x
Tue, 15 Mar 2022₹36.8t₹7.4t₹1.1t32.2x34.6x5x
Thu, 10 Feb 2022₹36.7t₹7.3t₹1.1t34.7x34.7x5x
Sat, 08 Jan 2022₹39.5t₹7.0t₹1.0t32.1x38x5.6x
Mon, 06 Dec 2021₹37.2t₹7.0t₹1.0t27.5x35.7x5.3x
Wed, 03 Nov 2021₹35.4t₹6.9t₹1.1t48.7x33.5x5.1x
Fri, 01 Oct 2021₹36.0t₹6.7t₹1.0t29.7x34.9x5.4x
Sun, 29 Aug 2021₹35.4t₹6.7t₹1.0t26.7x34.1x5.3x
Mon, 05 Jul 2021₹31.3t₹6.7t₹1.0t23.9x30.1x4.7x
Thu, 08 Apr 2021₹27.9t₹6.4t₹969.9b21.8x28.8x4.4x
Sun, 10 Jan 2021₹25.6t₹6.2t₹919.7b22.4x27.9x4.1x
Sat, 03 Oct 2020₹21.4t₹6.1t₹882.2b19.6x24.3x3.5x
Tue, 07 Jul 2020₹16.4t₹6.1t₹859.9b14.4x19x2.7x
Fri, 10 Apr 2020₹14.0t₹6.1t₹866.8b11.6x16.1x2.3x
Thu, 02 Jan 2020₹17.0t₹6.0t₹865.9b12.3x19.7x2.8x
Price to Earnings Ratio

19.7x


Total Market Cap: ₹17.0tTotal Earnings: ₹865.9bTotal Revenue: ₹6.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Tech Sector Price to Earnings3Y Average 27.3x20212022
Current Industry PE
  • Investors are relatively neutral on the Indian Information Technology 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 27.3x.
  • The industry is trading close to its 3-year average PS ratio of 4.0x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 9.0% per year over the last three years.
  • Revenues for these companies have grown 12% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Indian Tech sector?

IN Market1.75%
Tech1.78%
Software4.47%
Communications1.73%
IT1.69%
Electronic Equipment and Components-0.086%
Tech Hardware-0.53%
Semiconductors-0.63%
Industry PE
  • Investors are most optimistic about the Communications industry which is trading above its 3-year average PE ratio of 73.9x.
    • Analysts are expecting annual earnings growth of 74.2%, which is higher than its past year's earnings growth of 8.8% per year.
  • Investors are most pessimistic about the IT industry, which is trading close to its 3-year average of 27.3x.
Forecasted Growth
  • Analysts are most optimistic on the Communications industry, expecting annual earnings growth of 74% over the next 5 years.
  • This is better than its past earnings growth rate of 8.8% per year.
  • In contrast, the IT industry is expected to see its earnings grow by 12% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
TCS Tata Consultancy Services₹3.44k1.5%
+₹181.1b
-5.5%PE31.8x
507685 Wipro₹412.352.4%
+₹53.1b
-35.6%PE20x
PAYTM One97 Communications₹536.9515.4%
+₹46.7b
-67.4%PS5.3x
LTI LTIMindtree₹5.07k2.6%
+₹37.7b
-26.0%PE58.5x
526299 Mphasis₹2.16k8.4%
+₹31.6b
-30.1%PE25.9x
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Latest News

526299

₹2,157.25

Mphasis

7D

8.4%

1Y

-30.1%

507685

₹412.35

Wipro

7D

2.4%

1Y

-35.6%

543232

₹2,276.90

Computer Age Management Services

7D

-2.0%

1Y

-22.6%

LTI

₹5,065.75

LTIMindtree

7D

2.6%

1Y

-26.0%

TCS

₹3,439.15

Tata Consultancy Services

7D

1.5%

1Y

-5.5%

530343

₹94.90

Genus Power Infrastructures

7D

-2.3%

1Y

42.9%

533179

₹4,345.10

Persistent Systems

7D

9.4%

1Y

0.1%

CREATIVE

₹517.80

Creative Newtech

7D

-4.5%

1Y

28.6%

533581

₹990.10

PG Electroplast

7D

-1.9%

1Y

62.1%

PAYTM

₹536.95

One97 Communications

7D

15.4%

1Y

-67.4%

539289

₹132.75

Aurum PropTech

7D

-2.6%

1Y

-27.0%

533146

₹272.65

D-Link (India)

7D

-3.7%

1Y

106.4%

502219

₹536.50

Borosil Renewables

7D

-1.1%

1Y

-9.1%