Infosys Limited's (NSE:INFY) Business And Shares Still Trailing The Market
Dec 21
Have your own idea? Try our Stock Screener
Indian (NIFTY) IT Consulting Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies133
- 7D-5.3%
- 3M1.4%
- 1Y16.9%
- YTDn/a
Over the last 7 days, the IT Consulting industry has dropped 5.3%, driven by Tata Consultancy Services declining 6.8%. Over the past 12 months, the industry was up 17%. Earnings are forecast to grow by 11% annually.
Industry Valuation and Performance
Has the Indian IT Consulting Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | ₹38.7t | ₹8.0t | ₹1.2t | 36.7x | 32.3x | 4.9x |
| Tue, 19 Nov 2024 | ₹36.9t | ₹8.0t | ₹1.2t | 34.5x | 30.8x | 4.6x |
| Thu, 17 Oct 2024 | ₹37.8t | ₹7.9t | ₹1.2t | 41.3x | 32.1x | 4.8x |
| Sat, 14 Sep 2024 | ₹39.6t | ₹7.8t | ₹1.2t | 39.7x | 33.9x | 5x |
| Mon, 12 Aug 2024 | ₹36.0t | ₹7.8t | ₹1.2t | 36.8x | 30.8x | 4.6x |
| Wed, 10 Jul 2024 | ₹34.7t | ₹7.7t | ₹1.1t | 36.9x | 30.3x | 4.5x |
| Fri, 07 Jun 2024 | ₹31.9t | ₹7.7t | ₹1.1t | 31.6x | 27.9x | 4.1x |
| Sun, 05 May 2024 | ₹31.4t | ₹7.8t | ₹1.1t | 37.2x | 27.6x | 4x |
| Tue, 02 Apr 2024 | ₹32.8t | ₹7.7t | ₹1.1t | 33.4x | 29.5x | 4.3x |
| Thu, 29 Feb 2024 | ₹35.1t | ₹7.7t | ₹1.1t | 35.2x | 31.7x | 4.6x |
| Sat, 27 Jan 2024 | ₹34.1t | ₹7.8t | ₹1.1t | 41.5x | 30.1x | 4.4x |
| Mon, 25 Dec 2023 | ₹33.6t | ₹7.8t | ₹1.1t | 41.7x | 29.4x | 4.3x |
| Wed, 22 Nov 2023 | ₹30.3t | ₹7.7t | ₹1.1t | 36.9x | 26.7x | 3.9x |
| Fri, 20 Oct 2023 | ₹29.5t | ₹7.6t | ₹1.1t | 37x | 25.9x | 3.9x |
| Sun, 17 Sep 2023 | ₹30.8t | ₹7.6t | ₹1.1t | 36.7x | 27.5x | 4.1x |
| Tue, 15 Aug 2023 | ₹28.9t | ₹7.6t | ₹1.1t | 34.5x | 25.8x | 3.8x |
| Thu, 13 Jul 2023 | ₹27.4t | ₹7.4t | ₹1.1t | 32.2x | 24.9x | 3.7x |
| Sat, 10 Jun 2023 | ₹26.9t | ₹7.4t | ₹1.1t | 32.8x | 24.5x | 3.6x |
| Mon, 08 May 2023 | ₹26.5t | ₹7.4t | ₹1.1t | 25.5x | 24x | 3.6x |
| Wed, 05 Apr 2023 | ₹27.0t | ₹7.1t | ₹1.1t | 23.7x | 25.1x | 3.8x |
| Fri, 03 Mar 2023 | ₹28.0t | ₹7.1t | ₹1.1t | 24.3x | 25.9x | 3.9x |
| Sun, 29 Jan 2023 | ₹28.4t | ₹7.0t | ₹1.1t | 25.7x | 26.4x | 4x |
| Tue, 27 Dec 2022 | ₹27.1t | ₹6.8t | ₹1.1t | 24.7x | 25.6x | 4x |
| Thu, 24 Nov 2022 | ₹27.7t | ₹6.8t | ₹1.1t | 23.7x | 26.3x | 4.1x |
| Sat, 22 Oct 2022 | ₹26.5t | ₹6.8t | ₹1.1t | 23.9x | 25.1x | 3.9x |
| Mon, 19 Sep 2022 | ₹25.1t | ₹6.5t | ₹1.0t | 24.1x | 24.3x | 3.9x |
| Wed, 17 Aug 2022 | ₹28.1t | ₹6.5t | ₹1.0t | 25x | 27.3x | 4.3x |
| Fri, 15 Jul 2022 | ₹25.0t | ₹6.3t | ₹1.0t | 25.9x | 24.2x | 4x |
| Sun, 12 Jun 2022 | ₹27.5t | ₹6.1t | ₹1.0t | 27.2x | 27x | 4.5x |
| Tue, 10 May 2022 | ₹28.8t | ₹6.1t | ₹1.0t | 30.1x | 28.4x | 4.7x |
| Thu, 07 Apr 2022 | ₹32.9t | ₹5.8t | ₹978.9b | 35x | 33.6x | 5.7x |
| Sat, 05 Mar 2022 | ₹31.3t | ₹5.8t | ₹981.7b | 28.7x | 31.9x | 5.4x |
| Mon, 31 Jan 2022 | ₹31.4t | ₹5.8t | ₹977.6b | 32x | 32.1x | 5.4x |
| Wed, 29 Dec 2021 | ₹34.7t | ₹5.5t | ₹963.1b | 33.1x | 36.1x | 6.3x |
Price to Earnings Ratio
36.1x
Current Industry PE
- Investors are optimistic on the Indian IT Consulting and Other Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 32.3x which is higher than its 3-year average PE of 28.4x.
- The 3-year average PS ratio of 4.4x is lower than the industry's current PS ratio of 4.9x.
Past Earnings Growth
- The earnings for companies in the IT Consulting and Other Services industry have grown 7.6% per year over the last three years.
- Revenues for these companies have grown 13% 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 IT Consulting compare with similar industries?
| IN Market | -4.25% | |
| Tech | -4.62% | |
| IT | -5.25% | |
| IT Consulting | -5.25% | |
| Data Processing Services | -0.64% | |
| Internet Services and Infrastructure | -5.85% | |
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 | |
|---|---|---|---|---|---|
| COFORGE Coforge | ₹9.37k | 0.7% +₹4.7b | 49.0% | PE78.5x | |
| 544021 Protean eGov Technologies | ₹2.01k | 1.4% +₹1.1b | 64.6% | PE99.8x | |
| 526443 Artificial Electronics Intelligent Material | ₹432.00 | 10.4% +₹688.8m | n/a | PE1818.7x | |
| INSPIRISYS Inspirisys Solutions | ₹121.89 | 10.1% +₹442.5m | 36.2% | PE36.1x | |
| 517344 Mindteck (India) | ₹306.25 | 4.1% +₹387.0m | 55.9% | PE35.3x |
