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Indian (NIFTY) Application Software Industry Analysis
UpdatedJul 03, 2025
DataAggregated Company Financials
Companies57
- 7D0.9%
- 3M20.2%
- 1Y-15.3%
- YTDn/a
Over the last 7 days, the Application Software industry has remained flat. Unfortunately though, the industry is down 15% over the past 12 months. As for the next few years, earnings are expected to grow by 17% 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 |
|---|---|---|---|---|---|---|
| Sun, 06 Jul 2025 | ₹1.7t | ₹287.7b | ₹44.0b | 33x | 38.5x | 5.9x |
| Tue, 03 Jun 2025 | ₹1.6t | ₹300.0b | ₹46.5b | 28.8x | 35.5x | 5.5x |
| Thu, 01 May 2025 | ₹1.5t | ₹290.9b | ₹41.1b | 28.4x | 37.5x | 5.3x |
| Sat, 29 Mar 2025 | ₹1.5t | ₹289.0b | ₹40.5b | 27.2x | 36.3x | 5.1x |
| Mon, 24 Feb 2025 | ₹1.5t | ₹289.0b | ₹40.4b | 27.3x | 38.2x | 5.3x |
| Wed, 22 Jan 2025 | ₹1.8t | ₹284.1b | ₹42.4b | 33x | 43.2x | 6.5x |
| Fri, 20 Dec 2024 | ₹2.2t | ₹285.0b | ₹44.3b | 36.6x | 48.6x | 7.5x |
| Sun, 17 Nov 2024 | ₹1.9t | ₹283.3b | ₹48.7b | 29.2x | 38.9x | 6.7x |
| Tue, 15 Oct 2024 | ₹2.0t | ₹277.7b | ₹47.3b | 32.5x | 41.7x | 7.1x |
| Thu, 12 Sep 2024 | ₹2.0t | ₹277.1b | ₹47.3b | 32.9x | 41.9x | 7.2x |
| Sat, 10 Aug 2024 | ₹1.9t | ₹275.9b | ₹47.5b | 34.7x | 39.5x | 6.8x |
| Mon, 08 Jul 2024 | ₹1.9t | ₹267.6b | ₹46.5b | 40.1x | 40.8x | 7.1x |
| Wed, 05 Jun 2024 | ₹1.4t | ₹266.9b | ₹46.4b | 25.3x | 30.9x | 5.4x |
| Fri, 03 May 2024 | ₹1.6t | ₹272.1b | ₹46.5b | 30.3x | 33.5x | 5.7x |
| Sun, 31 Mar 2024 | ₹1.6t | ₹268.5b | ₹45.4b | 35.5x | 35.2x | 6x |
| Tue, 27 Feb 2024 | ₹1.6t | ₹268.5b | ₹45.4b | 33.3x | 34.6x | 5.9x |
| Thu, 25 Jan 2024 | ₹1.4t | ₹264.9b | ₹43.8b | 30.4x | 32.9x | 5.4x |
| Sat, 23 Dec 2023 | ₹1.2t | ₹254.7b | ₹39.5b | 34.9x | 30.7x | 4.8x |
| Mon, 20 Nov 2023 | ₹1.1t | ₹254.7b | ₹39.5b | 30.9x | 29.1x | 4.5x |
| Wed, 18 Oct 2023 | ₹1.1t | ₹245.4b | ₹37.0b | 34.1x | 30.2x | 4.6x |
| Fri, 15 Sep 2023 | ₹1.1t | ₹240.1b | ₹36.7b | 32.5x | 29.6x | 4.5x |
| Sun, 13 Aug 2023 | ₹1.0t | ₹239.9b | ₹36.7b | 31.7x | 28.2x | 4.3x |
| Tue, 11 Jul 2023 | ₹936.5b | ₹230.1b | ₹34.4b | 29.7x | 27.2x | 4.1x |
| Thu, 08 Jun 2023 | ₹885.1b | ₹227.5b | ₹33.8b | 27.1x | 26.2x | 3.9x |
| Sat, 06 May 2023 | ₹809.5b | ₹223.3b | ₹33.4b | 29.1x | 24.2x | 3.6x |
| Mon, 03 Apr 2023 | ₹729.4b | ₹218.4b | ₹33.2b | 23.5x | 22x | 3.3x |
| Wed, 01 Mar 2023 | ₹764.3b | ₹218.4b | ₹33.2b | 26.1x | 23x | 3.5x |
| Fri, 27 Jan 2023 | ₹813.1b | ₹223.2b | ₹32.9b | 29.5x | 24.7x | 3.6x |
| Sun, 25 Dec 2022 | ₹701.0b | ₹205.9b | ₹32.2b | 30.8x | 21.8x | 3.4x |
| Tue, 22 Nov 2022 | ₹732.8b | ₹205.3b | ₹32.2b | 35.4x | 22.7x | 3.6x |
| Thu, 20 Oct 2022 | ₹756.7b | ₹197.3b | ₹33.0b | 45.3x | 22.9x | 3.8x |
| Sat, 17 Sep 2022 | ₹785.5b | ₹196.9b | ₹33.1b | 44.1x | 23.7x | 4x |
| Mon, 15 Aug 2022 | ₹815.3b | ₹196.5b | ₹33.2b | 39.9x | 24.6x | 4.1x |
| Wed, 13 Jul 2022 | ₹886.8b | ₹230.8b | ₹37.9b | 31.3x | 23.4x | 3.8x |
Price to Earnings Ratio
23.4x
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 38.5x which is higher than its 3-year average PE of 31.8x.
- The 3-year average PS ratio of 5.1x is lower than the industry's current PS ratio of 5.9x.
Past Earnings Growth
- The earnings for companies in the Application Software industry have grown 5.1% per year over the last three years.
- Revenues for these companies have grown 7.6% 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 | 0.009% | |
| Tech | 0.48% | |
| Software | 0.19% | |
| Application Software | 0.88% | |
| Systems Software | -0.86% | |
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 | ₹9.10k | 1.1% +₹8.4b | -12.7% | PE33.2x | |
| AURIONPRO Aurionpro Solutions | ₹1.47k | 2.2% +₹1.7b | -8.7% | PE42.4x | |
| 540735 IRIS Business Services | ₹368.30 | 27.6% +₹1.6b | 61.3% | PE58.1x | |
| ZAGGLE Zaggle Prepaid Ocean Services | ₹420.50 | 2.4% +₹1.3b | 42.3% | PE64.2x | |
| ROUTE Route Mobile | ₹1.02k | 2.0% +₹1.3b | -42.3% | PE20.1x |
