Tech Mahindra Limited Just Missed Earnings - But Analysts Have Updated Their Models
Jan 21
Have your own idea? Try our Stock Screener
Indian (NIFTY) IT Consulting Industry Analysis
UpdatedJan 21, 2025
DataAggregated Company Financials
Companies132
- 7D-4.6%
- 3M1.2%
- 1Y10.5%
- YTDn/a
Over the last 7 days, the IT Consulting industry has dropped 5.5%, driven by a pullback from Tata Consultancy Services of 5.0%. Over the past 12 months, the industry was up 10%. 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 |
|---|---|---|---|---|---|---|
| Tue, 21 Jan 2025 | ₹37.4t | ₹8.1t | ₹1.2t | 34.7x | 30.1x | 4.6x |
| Thu, 19 Dec 2024 | ₹40.3t | ₹8.0t | ₹1.2t | 37.8x | 33.6x | 5x |
| Sat, 16 Nov 2024 | ₹37.8t | ₹8.0t | ₹1.2t | 39x | 31.6x | 4.7x |
| Mon, 14 Oct 2024 | ₹38.0t | ₹7.9t | ₹1.2t | 41.4x | 32.3x | 4.8x |
| Wed, 11 Sep 2024 | ₹39.0t | ₹7.8t | ₹1.2t | 39.7x | 33.4x | 5x |
| Fri, 09 Aug 2024 | ₹35.5t | ₹7.8t | ₹1.2t | 38x | 30.4x | 4.5x |
| Sun, 07 Jul 2024 | ₹34.7t | ₹7.7t | ₹1.1t | 37.4x | 30.3x | 4.5x |
| Tue, 04 Jun 2024 | ₹30.6t | ₹7.7t | ₹1.1t | 33.7x | 26.9x | 4x |
| Thu, 02 May 2024 | ₹31.4t | ₹7.7t | ₹1.1t | 37.5x | 27.7x | 4.1x |
| Sat, 30 Mar 2024 | ₹32.6t | ₹7.7t | ₹1.1t | 31.7x | 29.3x | 4.2x |
| Mon, 26 Feb 2024 | ₹35.2t | ₹7.7t | ₹1.1t | 36.1x | 31.7x | 4.6x |
| Wed, 24 Jan 2024 | ₹34.1t | ₹7.8t | ₹1.1t | 39.9x | 29.9x | 4.4x |
| Fri, 22 Dec 2023 | ₹33.0t | ₹7.8t | ₹1.1t | 41.9x | 28.9x | 4.2x |
| Sun, 19 Nov 2023 | ₹30.2t | ₹7.7t | ₹1.1t | 36x | 26.6x | 3.9x |
| Tue, 17 Oct 2023 | ₹29.8t | ₹7.6t | ₹1.1t | 35.2x | 26.3x | 3.9x |
| Thu, 14 Sep 2023 | ₹30.5t | ₹7.6t | ₹1.1t | 35.3x | 27.2x | 4x |
| Sat, 12 Aug 2023 | ₹28.8t | ₹50.3t | -₹25,484,007,822,316.00 | 34.6x | -1.1x | 0.6x |
| Mon, 10 Jul 2023 | ₹27.9t | ₹7.4t | ₹1.1t | 32.7x | 25.4x | 3.8x |
| Wed, 07 Jun 2023 | ₹27.2t | ₹7.4t | ₹1.1t | 30.8x | 24.7x | 3.7x |
| Fri, 05 May 2023 | ₹26.6t | ₹7.4t | ₹1.1t | 25.5x | 24.1x | 3.6x |
| Sun, 02 Apr 2023 | ₹27.1t | ₹7.1t | ₹1.1t | 23.3x | 25.1x | 3.8x |
| Tue, 28 Feb 2023 | ₹28.1t | ₹7.1t | ₹1.1t | 23.7x | 26x | 4x |
| Thu, 26 Jan 2023 | ₹28.8t | ₹7.0t | ₹1.1t | 25.8x | 26.8x | 4.1x |
| Sat, 24 Dec 2022 | ₹27.1t | ₹6.8t | ₹1.1t | 23.5x | 25.6x | 4x |
| Mon, 21 Nov 2022 | ₹27.9t | ₹6.8t | ₹1.1t | 23.6x | 26.5x | 4.1x |
| Wed, 19 Oct 2022 | ₹26.4t | ₹6.7t | ₹1.1t | 22.6x | 25.1x | 3.9x |
| Fri, 16 Sep 2022 | ₹26.0t | ₹6.5t | ₹1.0t | 24.6x | 25.2x | 4x |
| Sun, 14 Aug 2022 | ₹28.1t | ₹6.5t | ₹1.0t | 25.4x | 27.3x | 4.3x |
| Tue, 12 Jul 2022 | ₹25.9t | ₹6.2t | ₹1.0t | 26.2x | 25.1x | 4.2x |
| Thu, 09 Jun 2022 | ₹27.8t | ₹6.1t | ₹1.0t | 27.3x | 27.2x | 4.5x |
| Sat, 07 May 2022 | ₹28.7t | ₹6.1t | ₹1.0t | 30.1x | 28.4x | 4.7x |
| Mon, 04 Apr 2022 | ₹33.2t | ₹5.8t | ₹981.8b | 35.8x | 33.8x | 5.7x |
| Wed, 02 Mar 2022 | ₹31.1t | ₹5.8t | ₹979.5b | 29.1x | 31.8x | 5.3x |
| Fri, 28 Jan 2022 | ₹31.1t | ₹5.8t | ₹976.2b | 32.5x | 31.8x | 5.4x |
Price to Earnings Ratio
31.8x
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 28.2x.
- The industry is trading close to its 3-year average PS ratio of 4.3x.
Past Earnings Growth
- The earnings for companies in the IT Consulting and Other Services industry have grown 8.4% 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 Comparison
How does Indian IT Consulting compare with similar industries?
| IN Market | 3.44% | |
| Tech | -3.52% | |
| IT | -4.61% | |
| IT Consulting | -4.63% | |
| Internet Services and Infrastructure | 4.40% | |
| Data Processing Services | 4.16% | |
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 | |
|---|---|---|---|---|---|
| 507685 Wipro | ₹300.15 | 2.8% +₹86.8b | 25.6% | PE25.3x | |
| TECHM Tech Mahindra | ₹1.67k | 0.9% +₹13.2b | 20.9% | PE39.5x | |
| PERSISTENT Persistent Systems | ₹6.09k | 1.5% +₹12.9b | 53.8% | PE72.6x | |
| 500463 Black Box | ₹645.50 | 7.7% +₹7.9b | 124.1% | PE64.2x | |
| 538891 Magellanic Cloud | ₹80.20 | 19.0% +₹7.5b | -11.8% | PE41.7x |
