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Indian (NIFTY) Application Software Industry Analysis
UpdatedApr 19, 2025
DataAggregated Company Financials
Companies59
- 7D4.3%
- 3M-20.0%
- 1Y-8.7%
- YTDn/a
In the last week, the Application Software industry is up 4.3%, with Oracle Financial Services Software up 5.0%. In contrast, the industry has lost 8.7% in the last 12 months. Looking forward, earnings are forecast to grow by 24% annually.
Industry Valuation and Performance
Has the Indian Application Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 19 Apr 2025 | ₹1.5t | ₹289.0b | ₹40.5b | 26.6x | 36.7x | 5.1x |
| Mon, 17 Mar 2025 | ₹1.4t | ₹289.0b | ₹40.5b | 23.9x | 34.1x | 4.8x |
| Wed, 12 Feb 2025 | ₹1.7t | ₹289.5b | ₹41.3b | 26.3x | 40.5x | 5.8x |
| Fri, 10 Jan 2025 | ₹2.0t | ₹285.1b | ₹44.3b | 32.8x | 45.9x | 7.1x |
| Sun, 08 Dec 2024 | ₹2.1t | ₹285.6b | ₹47.0b | 35.2x | 44.3x | 7.3x |
| Tue, 05 Nov 2024 | ₹1.9t | ₹281.7b | ₹49.1b | 29.2x | 37.9x | 6.6x |
| Thu, 03 Oct 2024 | ₹2.0t | ₹277.7b | ₹47.3b | 32.6x | 41.6x | 7.1x |
| Sat, 31 Aug 2024 | ₹2.0t | ₹277.1b | ₹47.4b | 33.9x | 41.2x | 7x |
| Mon, 29 Jul 2024 | ₹1.9t | ₹274.3b | ₹47.8b | 33.9x | 40.8x | 7.1x |
| Wed, 26 Jun 2024 | ₹1.8t | ₹267.5b | ₹46.5b | 34.7x | 38.6x | 6.7x |
| Fri, 24 May 2024 | ₹1.5t | ₹270.3b | ₹46.0b | 29.8x | 33x | 5.6x |
| Sun, 21 Apr 2024 | ₹1.5t | ₹268.6b | ₹45.5b | 30.8x | 33.3x | 5.6x |
| Tue, 19 Mar 2024 | ₹1.6t | ₹268.5b | ₹45.4b | 34.9x | 34.6x | 5.9x |
| Thu, 15 Feb 2024 | ₹1.5t | ₹268.6b | ₹45.4b | 31.5x | 33.9x | 5.7x |
| Sat, 13 Jan 2024 | ₹1.3t | ₹255.0b | ₹39.7b | 32.2x | 32.6x | 5.1x |
| Mon, 11 Dec 2023 | ₹1.2t | ₹254.7b | ₹39.5b | 32.5x | 29.5x | 4.6x |
| Wed, 08 Nov 2023 | ₹1.1t | ₹252.3b | ₹38.0b | 36.3x | 29.3x | 4.4x |
| Fri, 06 Oct 2023 | ₹1.1t | ₹245.3b | ₹36.9b | 33.5x | 29.7x | 4.5x |
| Sun, 03 Sep 2023 | ₹1.1t | ₹240.0b | ₹36.7b | 34.3x | 29.4x | 4.5x |
| Tue, 01 Aug 2023 | ₹1.0t | ₹237.4b | ₹35.8b | 31.4x | 28.3x | 4.3x |
| Thu, 29 Jun 2023 | ₹938.8b | ₹231.1b | ₹34.4b | 30.9x | 27.3x | 4.1x |
| Sat, 27 May 2023 | ₹839.5b | ₹227.2b | ₹32.8b | 28.2x | 25.6x | 3.7x |
| Mon, 24 Apr 2023 | ₹754.2b | ₹219.2b | ₹33.2b | 28.1x | 22.7x | 3.4x |
| Wed, 22 Mar 2023 | ₹730.3b | ₹218.4b | ₹33.2b | 24.9x | 22x | 3.3x |
| Fri, 17 Feb 2023 | ₹773.0b | ₹218.5b | ₹33.2b | 27.1x | 23.3x | 3.5x |
| Sun, 15 Jan 2023 | ₹800.2b | ₹213.5b | ₹32.5b | 30.4x | 24.6x | 3.7x |
| Tue, 13 Dec 2022 | ₹739.7b | ₹205.2b | ₹32.1b | 34.1x | 23x | 3.6x |
| Thu, 10 Nov 2022 | ₹731.5b | ₹204.9b | ₹32.4b | 40.8x | 22.6x | 3.6x |
| Sat, 08 Oct 2022 | ₹772.6b | ₹197.0b | ₹33.1b | 42.7x | 23.3x | 3.9x |
| Mon, 05 Sep 2022 | ₹792.2b | ₹196.9b | ₹33.1b | 39.4x | 23.9x | 4x |
| Wed, 03 Aug 2022 | ₹815.6b | ₹195.3b | ₹33.6b | 37.7x | 24.3x | 4.2x |
| Fri, 01 Jul 2022 | ₹857.1b | ₹230.8b | ₹37.9b | 30.2x | 22.6x | 3.7x |
| Sun, 29 May 2022 | ₹908.6b | ₹230.0b | ₹37.4b | 27.3x | 24.3x | 4x |
| Tue, 26 Apr 2022 | ₹1.1t | ₹220.0b | ₹34.9b | 36.9x | 30.5x | 4.8x |
Price to Earnings Ratio
30.5x
Current Industry PE
- Investors are optimistic on the Indian Application Software industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 36.7x which is higher than its 3-year average PE of 31.0x.
- The industry is trading close to its 3-year average PS ratio of 5.0x.
Past Earnings Growth
- The earnings for companies in the Application Software industry have grown 5.0% per year over the last three years.
- Revenues for these companies have grown 9.5% 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 Application Software compare with similar industries?
| IN Market | 4.32% | |
| Tech | 2.43% | |
| Software | 3.68% | |
| Application Software | 4.26% | |
| Systems Software | 2.78% | |
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 | |
|---|---|---|---|---|---|
| 532466 Oracle Financial Services Software | ₹7.95k | 5.0% +₹33.0b | 4.6% | PE30.1x | |
| INTELLECT Intellect Design Arena | ₹758.55 | 14.8% +₹13.6b | -24.1% | PE38.9x | |
| 531209 Nucleus Software Exports | ₹941.40 | 16.3% +₹3.5b | -26.5% | PE16.5x | |
| ROUTE Route Mobile | ₹1.02k | 4.9% +₹3.0b | -33.6% | PE18.4x | |
| MAPMYINDIA C. E. Info Systems | ₹1.77k | 2.5% +₹2.3b | -8.1% | PE70.3x |