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Indian (NIFTY) IT Consulting Industry Analysis
UpdatedNov 20, 2024
DataAggregated Company Financials
Companies134
- 7D-2.7%
- 3M-3.3%
- 1Y23.8%
- YTDn/a
Over the last 7 days, the IT Consulting industry has dropped 2.7%, driven by Tata Consultancy Services declining 3.8%. Over the past 12 months, the industry was up 24%. Looking forward, 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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | ₹37.1t | ₹8.0t | ₹1.2t | 34.3x | 31x | 4.7x |
| Sat, 19 Oct 2024 | ₹37.7t | ₹7.9t | ₹1.2t | 40.3x | 31.8x | 4.8x |
| Mon, 16 Sep 2024 | ₹39.6t | ₹7.8t | ₹1.2t | 40.4x | 33.9x | 5.1x |
| Wed, 14 Aug 2024 | ₹36.0t | ₹7.8t | ₹1.2t | 36.7x | 30.8x | 4.6x |
| Fri, 12 Jul 2024 | ₹34.3t | ₹7.7t | ₹1.1t | 36.1x | 30x | 4.4x |
| Sun, 09 Jun 2024 | ₹32.8t | ₹7.7t | ₹1.1t | 32.3x | 28.7x | 4.2x |
| Tue, 07 May 2024 | ₹31.7t | ₹7.8t | ₹1.1t | 35.8x | 27.9x | 4.1x |
| Thu, 04 Apr 2024 | ₹32.9t | ₹7.7t | ₹1.1t | 34.9x | 29.6x | 4.3x |
| Sat, 02 Mar 2024 | ₹34.9t | ₹7.7t | ₹1.1t | 35x | 31.5x | 4.5x |
| Mon, 29 Jan 2024 | ₹34.1t | ₹7.8t | ₹1.1t | 41.4x | 30.1x | 4.4x |
| Wed, 27 Dec 2023 | ₹33.4t | ₹7.8t | ₹1.1t | 41.8x | 29.3x | 4.3x |
| Fri, 24 Nov 2023 | ₹30.3t | ₹7.7t | ₹1.1t | 36.7x | 26.8x | 3.9x |
| Sun, 22 Oct 2023 | ₹29.5t | ₹7.7t | ₹1.1t | 36.7x | 26x | 3.9x |
| Tue, 19 Sep 2023 | ₹30.7t | ₹7.6t | ₹1.1t | 36.9x | 27.3x | 4.1x |
| Thu, 17 Aug 2023 | ₹29.1t | ₹7.6t | ₹1.1t | 34.5x | 25.9x | 3.8x |
| Sat, 15 Jul 2023 | ₹29.1t | ₹7.5t | ₹1.1t | 32.3x | 26x | 3.9x |
| Mon, 12 Jun 2023 | ₹26.9t | ₹7.4t | ₹1.1t | 33.1x | 24.5x | 3.6x |
| Wed, 10 May 2023 | ₹26.9t | ₹7.4t | ₹1.1t | 26.7x | 24.3x | 3.6x |
| Fri, 07 Apr 2023 | ₹27.2t | ₹7.1t | ₹1.1t | 23.7x | 25.2x | 3.8x |
| Sun, 05 Mar 2023 | ₹28.1t | ₹7.1t | ₹1.1t | 24.1x | 26.2x | 4x |
| Tue, 31 Jan 2023 | ₹28.6t | ₹7.0t | ₹1.1t | 26.1x | 26.7x | 4.1x |
| Thu, 29 Dec 2022 | ₹27.4t | ₹6.8t | ₹1.1t | 25x | 25.9x | 4x |
| Sat, 26 Nov 2022 | ₹28.4t | ₹6.8t | ₹1.1t | 23.9x | 27x | 4.2x |
| Mon, 24 Oct 2022 | ₹26.5t | ₹6.8t | ₹1.1t | 23.6x | 25.1x | 3.9x |
| Wed, 21 Sep 2022 | ₹25.3t | ₹6.5t | ₹1.0t | 24x | 24.6x | 3.9x |
| Fri, 19 Aug 2022 | ₹28.1t | ₹6.5t | ₹1.0t | 24.8x | 27.3x | 4.4x |
| Sun, 17 Jul 2022 | ₹24.9t | ₹6.3t | ₹1.0t | 26x | 24.1x | 4x |
| Tue, 14 Jun 2022 | ₹26.5t | ₹6.1t | ₹1.0t | 26.2x | 25.9x | 4.3x |
| Thu, 12 May 2022 | ₹28.2t | ₹6.1t | ₹1.0t | 29.4x | 27.8x | 4.6x |
| Sat, 09 Apr 2022 | ₹32.4t | ₹5.8t | ₹981.6b | 34.6x | 33x | 5.6x |
| Mon, 07 Mar 2022 | ₹31.3t | ₹5.8t | ₹984.1b | 28.3x | 31.8x | 5.3x |
| Wed, 02 Feb 2022 | ₹32.7t | ₹5.8t | ₹976.0b | 31.9x | 33.5x | 5.7x |
| Fri, 31 Dec 2021 | ₹35.0t | ₹5.5t | ₹961.4b | 33.2x | 36.4x | 6.3x |
| Sun, 28 Nov 2021 | ₹31.4t | ₹5.5t | ₹963.7b | 28x | 32.6x | 5.7x |
Price to Earnings Ratio
32.6x
Current Industry PE
- Investors are relatively neutral on the Indian IT Consulting and Other 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 28.4x.
- The industry is trading close to its 3-year average PS ratio of 4.4x.
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 | -1.80% | |
| Tech | -2.55% | |
| IT | -2.68% | |
| IT Consulting | -2.67% | |
| Data Processing Services | -3.16% | |
| Internet Services and Infrastructure | -6.75% | |
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 | |
|---|---|---|---|---|---|
| TECHM Tech Mahindra | ₹1.70k | 1.4% +₹21.3b | 39.8% | PE45.9x | |
| PERSISTENT Persistent Systems | ₹5.71k | 1.2% +₹10.2b | 73.2% | PE68x | |
| 500463 Black Box | ₹571.20 | 7.8% +₹7.0b | 112.1% | PE56.5x | |
| MASTEK Mastek | ₹3.15k | 4.6% +₹4.3b | 31.4% | PE26.5x | |
| COFORGE Coforge | ₹8.12k | 0.7% +₹4.0b | 44.1% | PE68x |
