Infosys' (NSE:INFY) Upcoming Dividend Will Be Larger Than Last Year's
Apr 23
Indian (NIFTY) IT Consulting Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies127
- 7D-4.5%
- 3M-6.6%
- 1Y23.5%
- YTDn/a
Over the last 7 days, the IT Consulting industry has dropped 4.5%, driven by Tata Consultancy Services declining 1.9%. 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 |
|---|---|---|---|---|---|---|
| Tue, 23 Apr 2024 | ₹31.5t | ₹7.7t | ₹1.1t | 37.6x | 27.7x | 4.1x |
| Thu, 21 Mar 2024 | ₹33.4t | ₹7.7t | ₹1.1t | 32.5x | 30.1x | 4.3x |
| Sat, 17 Feb 2024 | ₹35.6t | ₹7.7t | ₹1.1t | 35.9x | 32.1x | 4.6x |
| Mon, 15 Jan 2024 | ₹34.3t | ₹7.8t | ₹1.1t | 44.1x | 30.2x | 4.4x |
| Wed, 13 Dec 2023 | ₹32.0t | ₹7.8t | ₹1.1t | 38.1x | 28x | 4.1x |
| Fri, 10 Nov 2023 | ₹28.9t | ₹7.7t | ₹1.1t | 37.5x | 25.4x | 3.7x |
| Sun, 08 Oct 2023 | ₹30.2t | ₹7.6t | ₹1.1t | 35.5x | 26.9x | 4x |
| Tue, 05 Sep 2023 | ₹29.6t | ₹7.6t | ₹1.1t | 35.9x | 26.4x | 3.9x |
| Thu, 03 Aug 2023 | ₹28.3t | ₹7.5t | ₹1.1t | 32.1x | 25.3x | 3.8x |
| Sat, 01 Jul 2023 | ₹27.9t | ₹7.4t | ₹1.1t | 33.6x | 25.4x | 3.8x |
| Mon, 29 May 2023 | ₹27.8t | ₹7.4t | ₹1.1t | 26x | 25.1x | 3.7x |
| Wed, 26 Apr 2023 | ₹25.9t | ₹7.2t | ₹1.1t | 25.6x | 23.7x | 3.6x |
| Fri, 24 Mar 2023 | ₹26.5t | ₹7.1t | ₹1.1t | 23.3x | 24.6x | 3.7x |
| Sun, 19 Feb 2023 | ₹29.3t | ₹7.1t | ₹1.1t | 25.2x | 27.1x | 4.1x |
| Tue, 17 Jan 2023 | ₹28.0t | ₹7.0t | ₹1.1t | 25.5x | 26.2x | 4x |
| Thu, 15 Dec 2022 | ₹28.4t | ₹6.8t | ₹1.1t | 25.9x | 26.8x | 4.2x |
| Sat, 12 Nov 2022 | ₹27.8t | ₹6.8t | ₹1.0t | 23.7x | 26.6x | 4.1x |
| Mon, 10 Oct 2022 | ₹25.9t | ₹6.6t | ₹1.0t | 22.7x | 24.8x | 4x |
| Wed, 07 Sep 2022 | ₹26.1t | ₹6.5t | ₹1.0t | 24.9x | 25.2x | 4x |
| Fri, 05 Aug 2022 | ₹28.0t | ₹6.4t | ₹1.0t | 26.7x | 27.2x | 4.3x |
| Sun, 03 Jul 2022 | ₹26.8t | ₹6.1t | ₹1.0t | 26.3x | 26.1x | 4.4x |
| Tue, 31 May 2022 | ₹28.0t | ₹6.1t | ₹1.0t | 25.5x | 27.4x | 4.6x |
| Thu, 28 Apr 2022 | ₹29.6t | ₹6.0t | ₹1.0t | 30.9x | 29.3x | 4.9x |
| Sat, 26 Mar 2022 | ₹33.1t | ₹5.8t | ₹982.9b | 33.4x | 33.7x | 5.7x |
| Mon, 21 Feb 2022 | ₹32.1t | ₹5.8t | ₹975.7b | 31.4x | 32.9x | 5.5x |
| Wed, 19 Jan 2022 | ₹35.0t | ₹5.7t | ₹971.1b | 35.5x | 36x | 6.1x |
| Fri, 17 Dec 2021 | ₹32.8t | ₹5.6t | ₹969.9b | 32x | 33.8x | 5.9x |
| Sun, 14 Nov 2021 | ₹32.8t | ₹5.5t | ₹960.9b | 29.6x | 34.1x | 5.9x |
| Tue, 12 Oct 2021 | ₹32.7t | ₹5.4t | ₹943.6b | 34.2x | 34.6x | 6.1x |
| Thu, 09 Sep 2021 | ₹32.7t | ₹5.3t | ₹918.0b | 31.6x | 35.6x | 6.2x |
| Sat, 07 Aug 2021 | ₹29.6t | ₹5.4t | ₹924.4b | 27.3x | 32x | 5.5x |
| Fri, 30 Apr 2021 | ₹25.2t | ₹5.1t | ₹866.3b | 22.8x | 29.1x | 4.9x |
Price to Earnings Ratio
29.1x
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 28.7x.
- The 3-year average PS ratio of 4.6x is higher than the industry's current PS ratio of 4.1x.
Past Earnings Growth
- The earnings for companies in the IT Consulting and Other Services industry have grown 9.5% per year over the last three years.
- Revenues for these companies have grown 15% 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 | -1.57% | |
| Tech | -4.15% | |
| IT | -4.48% | |
| IT Consulting | -4.48% | |
| Internet Services and Infrastructure | -0.68% | |
| Data Processing Services | -2.19% | |
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 | |
|---|---|---|---|---|---|
| INFY Infosys | ₹1.44k | 2.0% +₹116.2b | 17.8% | PE22.6x | |
| 507685 Wipro | ₹462.00 | 3.0% +₹69.9b | 23.0% | PE21.8x | |
| HCLTECH HCL Technologies | ₹1.49k | 0.6% +₹25.3b | 41.1% | PE25.5x | |
| LTIM LTIMindtree | ₹4.72k | 1.3% +₹17.9b | 12.8% | PE30.4x | |
| TATATECH Tata Technologies | ₹1.08k | 2.7% +₹11.5b | n/a | PE59.4x |
