There May Be Underlying Issues With The Quality Of Zaggle Prepaid Ocean Services' (NSE:ZAGGLE) Earnings
Nov 21
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Indian (NIFTY) Application Software Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies59
- 7D-3.2%
- 3M-6.3%
- 1Y55.2%
- YTDn/a
Over the last 7 days, the Application Software industry has dropped 5.3%, driven by a pullback from Oracle Financial Services Software of 5.2%. In contrast, Zaggle Prepaid Ocean Services has gained 6.6%. In the past year, the industry has gained 54%. As for the next few years, earnings are expected to grow by 16% per annum.
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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | ₹1.9t | ₹286.5b | ₹47.7b | 26.1x | 39.4x | 6.6x |
| Sat, 19 Oct 2024 | ₹2.0t | ₹277.6b | ₹47.2b | 33.4x | 41.7x | 7.1x |
| Mon, 16 Sep 2024 | ₹2.1t | ₹277.1b | ₹47.3b | 33.6x | 43.9x | 7.5x |
| Wed, 14 Aug 2024 | ₹1.9t | ₹277.0b | ₹47.6b | 35.3x | 39.6x | 6.8x |
| Fri, 12 Jul 2024 | ₹1.9t | ₹267.7b | ₹46.6b | 34.1x | 40.2x | 7x |
| Sun, 09 Jun 2024 | ₹1.6t | ₹267.3b | ₹46.4b | 27.5x | 34.1x | 5.9x |
| Tue, 07 May 2024 | ₹1.5t | ₹272.1b | ₹46.4b | 33.5x | 33.4x | 5.7x |
| Thu, 04 Apr 2024 | ₹1.6t | ₹268.5b | ₹45.4b | 34.4x | 36.2x | 6.1x |
| Sat, 02 Mar 2024 | ₹1.6t | ₹268.5b | ₹45.4b | 32.6x | 34.6x | 5.9x |
| Mon, 29 Jan 2024 | ₹1.5t | ₹265.5b | ₹44.1b | 28.3x | 32.9x | 5.5x |
| Wed, 27 Dec 2023 | ₹1.2t | ₹254.7b | ₹39.4b | 35.1x | 30.7x | 4.7x |
| Fri, 24 Nov 2023 | ₹1.1t | ₹254.7b | ₹39.5b | 31.2x | 29x | 4.5x |
| Sun, 22 Oct 2023 | ₹1.1t | ₹248.5b | ₹37.3b | 34.2x | 29.7x | 4.5x |
| Tue, 19 Sep 2023 | ₹1.1t | ₹240.1b | ₹36.7b | 33.3x | 29.6x | 4.5x |
| Thu, 17 Aug 2023 | ₹1.1t | ₹240.0b | ₹36.7b | 32.9x | 29.3x | 4.5x |
| Sat, 15 Jul 2023 | ₹1.0t | ₹230.1b | ₹34.4b | 31x | 29.2x | 4.4x |
| Mon, 12 Jun 2023 | ₹873.4b | ₹227.5b | ₹33.9b | 25.7x | 25.8x | 3.8x |
| Wed, 10 May 2023 | ₹796.7b | ₹223.3b | ₹33.4b | 29.2x | 23.9x | 3.6x |
| Fri, 07 Apr 2023 | ₹745.5b | ₹218.4b | ₹33.2b | 26.4x | 22.5x | 3.4x |
| Sun, 05 Mar 2023 | ₹759.7b | ₹218.4b | ₹33.2b | 26.2x | 22.9x | 3.5x |
| Tue, 31 Jan 2023 | ₹791.7b | ₹223.1b | ₹32.9b | 28.3x | 24.1x | 3.5x |
| Thu, 29 Dec 2022 | ₹724.0b | ₹207.4b | ₹32.4b | 32.7x | 22.3x | 3.5x |
| Sat, 26 Nov 2022 | ₹736.6b | ₹205.2b | ₹32.1b | 34.7x | 22.9x | 3.6x |
| Mon, 24 Oct 2022 | ₹744.2b | ₹202.6b | ₹32.6b | 41.9x | 22.8x | 3.7x |
| Wed, 21 Sep 2022 | ₹780.2b | ₹196.9b | ₹33.1b | 41.9x | 23.6x | 4x |
| Fri, 19 Aug 2022 | ₹815.3b | ₹196.8b | ₹33.1b | 39x | 24.6x | 4.1x |
| Sun, 17 Jul 2022 | ₹865.3b | ₹230.4b | ₹37.8b | 35.7x | 22.9x | 3.8x |
| Tue, 14 Jun 2022 | ₹912.4b | ₹232.6b | ₹38.3b | 33.2x | 23.8x | 3.9x |
| Thu, 12 May 2022 | ₹933.3b | ₹227.2b | ₹36.0b | 29.2x | 25.9x | 4.1x |
| Sat, 09 Apr 2022 | ₹1.2t | ₹219.7b | ₹35.0b | 38.8x | 32.9x | 5.2x |
| Mon, 07 Mar 2022 | ₹1.0t | ₹219.7b | ₹35.0b | 32.9x | 29x | 4.6x |
| Wed, 02 Feb 2022 | ₹1.2t | ₹217.6b | ₹35.4b | 37.3x | 32.7x | 5.3x |
| Fri, 31 Dec 2021 | ₹1.2t | ₹209.1b | ₹34.5b | 27.7x | 35.3x | 5.8x |
| Sun, 28 Nov 2021 | ₹1.0t | ₹205.0b | ₹34.2b | 28.2x | 29.3x | 4.9x |
Price to Earnings Ratio
29.3x
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 37.6x which is higher than its 3-year average PE of 29.8x.
- The 3-year average PS ratio of 4.8x is lower than the industry's current PS ratio of 6.5x.
Past Earnings Growth
- The earnings for companies in the Application Software industry have grown 13% per year over the last three years.
- Revenues for these companies have grown 11% 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 | 0.26% | |
| Tech | -1.46% | |
| Software | -2.55% | |
| Application Software | -3.24% | |
| Systems Software | -1.46% | |
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 | |
|---|---|---|---|---|---|
| ZAGGLE Zaggle Prepaid Ocean Services | ₹463.10 | 9.3% +₹4.8b | 84.0% | PE79.7x | |
| AURIONPRO Aurionpro Solutions | ₹1.57k | 1.7% +₹1.4b | 78.0% | PE51.3x | |
| 532341 IZMO | ₹438.55 | 14.0% +₹798.6m | 76.1% | PE12.5x | |
| SASKEN Sasken Technologies | ₹2.10k | 2.5% +₹785.6m | 76.1% | PE48.7x | |
| PROPEQUITY P.E. Analytics | ₹289.05 | 12.5% +₹336.5m | 7.2% | PE23.9x |
