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Indian (NIFTY) IT Consulting Industry Analysis
UpdatedOct 31, 2024
DataAggregated Company Financials
Companies133
- 7D-0.7%
- 3M-0.7%
- 1Y31.7%
- YTDn/a
Over the last 7 days, the IT Consulting industry has risen 1.5%, driven by gains from Wipro of 3.4%. This takes the industry's 12 month performance to a gain of 31%. 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, 31 Oct 2024 | ₹37.2t | ₹7.9t | ₹1.2t | 37.4x | 31.1x | 4.7x |
| Sat, 28 Sep 2024 | ₹38.3t | ₹7.8t | ₹1.2t | 39.5x | 32.9x | 4.9x |
| Mon, 26 Aug 2024 | ₹37.9t | ₹7.8t | ₹1.2t | 38.4x | 32.5x | 4.8x |
| Wed, 24 Jul 2024 | ₹36.8t | ₹7.8t | ₹1.2t | 36.6x | 31.6x | 4.7x |
| Fri, 21 Jun 2024 | ₹32.5t | ₹7.7t | ₹1.1t | 34.3x | 28.4x | 4.2x |
| Sun, 19 May 2024 | ₹31.5t | ₹7.7t | ₹1.1t | 36.3x | 27.7x | 4.1x |
| Tue, 16 Apr 2024 | ₹32.5t | ₹7.8t | ₹1.1t | 36.3x | 29x | 4.2x |
| Thu, 14 Mar 2024 | ₹34.6t | ₹7.7t | ₹1.1t | 32.7x | 31.2x | 4.5x |
| Sat, 10 Feb 2024 | ₹35.1t | ₹7.7t | ₹1.1t | 41.1x | 31.6x | 4.6x |
| Mon, 08 Jan 2024 | ₹32.9t | ₹7.8t | ₹1.1t | 42x | 28.8x | 4.2x |
| Wed, 06 Dec 2023 | ₹31.0t | ₹7.8t | ₹1.1t | 37.1x | 27.1x | 4x |
| Fri, 03 Nov 2023 | ₹28.8t | ₹7.7t | ₹1.1t | 36.9x | 25.4x | 3.7x |
| Sun, 01 Oct 2023 | ₹29.7t | ₹7.6t | ₹1.1t | 36.7x | 26.4x | 3.9x |
| Tue, 29 Aug 2023 | ₹28.6t | ₹7.6t | ₹1.1t | 35.7x | 25.6x | 3.8x |
| Thu, 27 Jul 2023 | ₹28.1t | ₹7.5t | ₹1.1t | 32.4x | 25x | 3.7x |
| Sat, 24 Jun 2023 | ₹27.1t | ₹7.4t | ₹1.1t | 33.2x | 24.7x | 3.7x |
| Mon, 22 May 2023 | ₹26.9t | ₹7.4t | ₹1.1t | 28x | 24.2x | 3.6x |
| Wed, 19 Apr 2023 | ₹25.9t | ₹7.2t | ₹1.1t | 24.5x | 23.8x | 3.6x |
| Fri, 17 Mar 2023 | ₹26.9t | ₹7.1t | ₹1.1t | 23.5x | 24.9x | 3.8x |
| Sun, 12 Feb 2023 | ₹29.4t | ₹7.1t | ₹1.1t | 25.2x | 27.2x | 4.1x |
| Tue, 10 Jan 2023 | ₹27.7t | ₹6.8t | ₹1.1t | 25.3x | 26.2x | 4.1x |
| Thu, 08 Dec 2022 | ₹28.8t | ₹6.8t | ₹1.1t | 25.6x | 27.3x | 4.2x |
| Sat, 05 Nov 2022 | ₹26.9t | ₹6.8t | ₹1.1t | 23.5x | 25.5x | 4x |
| Mon, 03 Oct 2022 | ₹25.3t | ₹6.5t | ₹1.0t | 22.3x | 24.3x | 3.9x |
| Wed, 31 Aug 2022 | ₹26.7t | ₹6.5t | ₹1.0t | 24.5x | 25.8x | 4.1x |
| Fri, 29 Jul 2022 | ₹26.3t | ₹6.4t | ₹1.0t | 26x | 25.5x | 4.1x |
| Sun, 26 Jun 2022 | ₹26.5t | ₹6.1t | ₹1.0t | 26x | 25.9x | 4.3x |
| Tue, 24 May 2022 | ₹27.4t | ₹6.1t | ₹1.0t | 26.7x | 26.8x | 4.5x |
| Thu, 21 Apr 2022 | ₹30.0t | ₹6.0t | ₹997.3b | 32.7x | 30x | 5x |
| Sat, 19 Mar 2022 | ₹32.8t | ₹5.8t | ₹981.7b | 32.2x | 33.4x | 5.6x |
| Mon, 14 Feb 2022 | ₹31.9t | ₹5.8t | ₹978.8b | 32.1x | 32.5x | 5.5x |
| Wed, 12 Jan 2022 | ₹35.4t | ₹5.5t | ₹959.2b | 35x | 36.9x | 6.4x |
| Fri, 10 Dec 2021 | ₹32.8t | ₹5.6t | ₹965.3b | 31x | 33.9x | 5.9x |
| Sun, 07 Nov 2021 | ₹32.2t | ₹5.5t | ₹959.2b | 30.1x | 33.5x | 5.8x |
Price to Earnings Ratio
33.5x
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 | -0.19% | |
| Tech | -0.78% | |
| IT | -0.66% | |
| IT Consulting | -0.68% | |
| Internet Services and Infrastructure | 12.26% | |
| Data Processing Services | -1.43% | |
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 | ₹565.50 | 3.4% +₹95.9b | 48.4% | PE25.2x | |
| TCS Tata Consultancy Services | ₹4.08k | 0.5% +₹66.6b | 22.6% | PE31.2x | |
| COFORGE Coforge | ₹7.74k | 2.4% +₹12.3b | 54.0% | PE64.8x | |
| 532175 Cyient | ₹1.83k | 6.2% +₹11.8b | 11.9% | PE30.8x | |
| 506109 Genesys International | ₹818.25 | 15.5% +₹4.4b | 163.4% | PE68.6x |
