Results: RateGain Travel Technologies Limited Beat Earnings Expectations And Analysts Now Have New Forecasts
Feb 19
Have your own idea? Try our Stock Screener
Indian (NIFTY) Software Industry Analysis
UpdatedFeb 19, 2025
DataAggregated Company Financials
Companies71
- 7D-5.7%
- 3M-15.4%
- 1Y-12.9%
- YTD-24.6%
Over the last 7 days, the Software industry has dropped 5.7%, driven by Oracle Financial Services Software declining 3.4%. The industry has fallen 13% in the last year. Looking forward, earnings are forecast to grow by 20% annually.
Industry Valuation and Performance
Has the Indian Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 21 Feb 2025 | ₹2.6t | ₹473.0b | ₹64.5b | 28.8x | 40.9x | 5.6x |
| Sun, 19 Jan 2025 | ₹3.1t | ₹464.8b | ₹65.4b | 37.9x | 47.1x | 6.6x |
| Tue, 17 Dec 2024 | ₹3.5t | ₹466.5b | ₹67.5b | 41.5x | 51.4x | 7.4x |
| Thu, 14 Nov 2024 | ₹3.1t | ₹462.5b | ₹71.6b | 36.2x | 43.1x | 6.7x |
| Sat, 12 Oct 2024 | ₹3.4t | ₹454.1b | ₹66.9b | 36.2x | 51x | 7.5x |
| Mon, 09 Sep 2024 | ₹3.3t | ₹452.8b | ₹66.7b | 40x | 49.9x | 7.4x |
| Wed, 07 Aug 2024 | ₹3.0t | ₹451.5b | ₹66.7b | 35.8x | 45.6x | 6.7x |
| Fri, 05 Jul 2024 | ₹3.3t | ₹438.2b | ₹64.4b | 40.9x | 50.7x | 7.4x |
| Sun, 02 Jun 2024 | ₹2.7t | ₹440.9b | ₹64.8b | 38.6x | 41.4x | 6.1x |
| Tue, 30 Apr 2024 | ₹2.8t | ₹435.9b | ₹63.3b | 40.6x | 44x | 6.4x |
| Thu, 28 Mar 2024 | ₹2.9t | ₹432.0b | ₹62.0b | 38.5x | 46.2x | 6.6x |
| Sat, 24 Feb 2024 | ₹2.9t | ₹432.0b | ₹62.0b | 39.3x | 46.6x | 6.7x |
| Mon, 22 Jan 2024 | ₹2.8t | ₹420.7b | ₹57.7b | 41.2x | 49x | 6.7x |
| Wed, 20 Dec 2023 | ₹2.5t | ₹411.1b | ₹53.4b | 42.3x | 47.7x | 6.2x |
| Fri, 17 Nov 2023 | ₹2.3t | ₹411.0b | ₹53.4b | 38.7x | 43.6x | 5.7x |
| Sun, 15 Oct 2023 | ₹2.4t | ₹458.5b | ₹57.9b | 34.3x | 40.8x | 5.2x |
| Tue, 12 Sep 2023 | ₹2.3t | ₹453.0b | ₹57.6b | 36x | 40.6x | 5.2x |
| Thu, 10 Aug 2023 | ₹2.2t | ₹453.0b | ₹57.6b | 34.2x | 38.3x | 4.9x |
| Sat, 08 Jul 2023 | ₹2.1t | ₹431.3b | ₹54.2b | 30.9x | 38x | 4.8x |
| Mon, 05 Jun 2023 | ₹2.0t | ₹429.8b | ₹53.6b | 30.3x | 37x | 4.6x |
| Wed, 03 May 2023 | ₹1.7t | ₹420.3b | ₹53.3b | 29.3x | 32.5x | 4.1x |
| Fri, 31 Mar 2023 | ₹1.6t | ₹406.7b | ₹52.9b | 21.7x | 29.7x | 3.9x |
| Sun, 26 Feb 2023 | ₹1.6t | ₹406.7b | ₹52.9b | 26.1x | 31.1x | 4x |
| Tue, 24 Jan 2023 | ₹1.6t | ₹397.4b | ₹52.5b | 30.4x | 31.4x | 4.1x |
| Thu, 22 Dec 2022 | ₹1.5t | ₹382.8b | ₹52.4b | 32.2x | 29.4x | 4x |
| Sat, 19 Nov 2022 | ₹1.6t | ₹382.3b | ₹52.3b | 35.4x | 30.2x | 4.1x |
| Mon, 17 Oct 2022 | ₹1.7t | ₹318.7b | ₹52.7b | 31.7x | 32.2x | 5.3x |
| Wed, 14 Sep 2022 | ₹1.8t | ₹365.8b | ₹53.2b | 33.6x | 34x | 4.9x |
| Fri, 12 Aug 2022 | ₹1.8t | ₹365.2b | ₹53.5b | 27.8x | 33.9x | 5x |
| Sun, 10 Jul 2022 | ₹1.8t | ₹392.5b | ₹57.4b | 28.9x | 30.8x | 4.5x |
| Tue, 07 Jun 2022 | ₹1.9t | ₹393.8b | ₹57.6b | 33.2x | 33.3x | 4.9x |
| Thu, 05 May 2022 | ₹1.9t | ₹382.1b | ₹57.9b | 30.7x | 33.5x | 5.1x |
| Sat, 02 Apr 2022 | ₹2.1t | ₹375.4b | ₹56.3b | 34.6x | 37.6x | 5.6x |
| Mon, 28 Feb 2022 | ₹1.8t | ₹375.4b | ₹56.3b | 26.2x | 32.7x | 4.9x |
Price to Earnings Ratio
32.7x
Current Industry PE
- Investors are relatively neutral on the Indian Software 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 39.4x.
- The industry is trading close to its 3-year average PS ratio of 5.5x.
Past Earnings Growth
- The earnings for companies in the Software industry have grown 4.6% per year over the last three years.
- Revenues for these companies have grown 8.0% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Tech industry?
| IN Market | -2.52% | |
| Tech | -2.27% | |
| Software | -5.68% | |
| Systems Software | -3.04% | |
| Application Software | -7.46% | |
Industry PE
- Investors are most optimistic about the Systems Software industry even though it's trading below its 3-year average PE ratio of 58.0x.
- Analysts are expecting annual earnings growth of 16.2%, which is lower than the prior year's growth of 38.4% per year.
- Investors are most pessimistic about the Application Software industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 30.7x.
Forecasted Growth
- Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 24% over the next 5 years.
- This is better than its past earnings growth rate of 17% per year.
- In contrast, the Systems Software industry is expected to see its earnings grow by 16% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MAPMYINDIA C. E. Info Systems | ₹1.71k | 2.9% +₹2.6b | -6.2% | PE67.9x | |
| 531209 Nucleus Software Exports | ₹877.30 | 8.2% +₹1.8b | -37.1% | PE15.4x | |
| NEWGEN Newgen Software Technologies | ₹991.55 | 1.2% +₹1.6b | 29.9% | PE44.8x | |
| KPITTECH KPIT Technologies | ₹1.34k | 0.1% +₹461.1m | -15.6% | PE47.9x | |
| 531161 ABM Knowledgeware | ₹180.90 | 11.0% +₹359.0m | 60.9% | PE22.6x |
