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Indian (NIFTY) Application Software Industry Analysis

UpdatedMay 28, 2022
DataAggregated Company Financials
Companies58
  • 7D-0.9%
  • 3M-10.2%
  • 1Y-3.1%
  • YTD-27.1%

Last week, the Application Software industry hasn't moved much but Tanla Platforms is up 9.0% in that time. As for the longer term, the industry has declined 3.1% in the last year. Looking forward, earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

Has the Indian Application Software Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Sun, 29 May 2022₹907.8b₹229.9b₹37.7b27x
Tue, 26 Apr 2022₹1.1t₹220.0b₹34.9b36.9x
Thu, 24 Mar 2022₹1.1t₹219.7b₹35.0b36x
Sat, 19 Feb 2022₹1.1t₹219.7b₹35.0b35.5x
Mon, 17 Jan 2022₹1.3t₹209.2b₹34.6b33.2x
Wed, 15 Dec 2021₹1.1t₹205.0b₹34.2b27.8x
Fri, 12 Nov 2021₹1.0t₹204.2b₹34.7b30.3x
Sun, 10 Oct 2021₹1.0t₹197.6b₹56.3b31.6x
Tue, 07 Sep 2021₹971.0b₹194.5b₹56.4b30.3x
Thu, 05 Aug 2021₹968.2b₹194.5b₹56.4b28.9x
Sun, 09 May 2021₹777.1b₹189.9b₹54.5b30.4x
Wed, 10 Feb 2021₹615.9b₹200.2b₹48.6b13.6x
Tue, 03 Nov 2020₹537.1b₹196.2b₹43.2b12.9x
Fri, 07 Aug 2020₹387.3b₹184.1b₹17.2b9.7x
Thu, 30 Apr 2020₹283.2b₹173.8b₹8.9b10.8x
Sun, 02 Feb 2020₹384.4b₹183.4b₹13.2b13x
Wed, 06 Nov 2019₹405.6b₹183.0b₹15.6b13.9x
Sat, 10 Aug 2019₹436.9b₹181.8b₹16.8b15.5x
Median PE Ratio

18x


Total Market Cap: ₹469.4bTotal Earnings: ₹23.2bTotal Revenue: ₹179.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Application Software Industry Median PE3Y Average 20.5x202020212022
Current Industry PE
  • Investors are optimistic on the industry, and appear confident in long-term growth rates.
  • The industry is trading at a PE ratio of 27.0x which is higher than its 3-year average PE of 20.5x.
Past Earnings Growth
  • The earnings for companies in the Application Software industry have grown 18% per year over the last three years.
  • Revenues for these companies have grown 8.5% 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-0.87%
Tech-0.75%
Software-1.73%
Application Software-0.95%
Systems Software-2.51%
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
532790 Tanla Platforms₹1.28k9.0%
+₹14.3b
39.4%PS32.3x
531489 CG-VAK Software and Exports₹288.409.5%
+₹126.5m
134.2%PS18.7x
526544 Scanpoint Geomatics₹12.60-5.8%
₹79.2m
-14.9%PS44.7x
539289 Aurum PropTech₹91.101.1%
+₹28.6m
19.2%PS12.4x
532372 Virinchi₹35.351.0%
+₹27.8m
23.9%PS19.6x
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Latest News

532348

₹30.00

Subex

7D

-5.5%

1Y

-48.2%