Tanla Platforms Limited (NSE:TANLA) Stock Catapults 27% Though Its Price And Business Still Lag The Market
May 28
Have your own idea? Try our Stock Screener
Indian (NIFTY) Application Software Industry Analysis
UpdatedJun 18, 2025
DataAggregated Company Financials
Companies59
- 7D0.8%
- 3M22.8%
- 1Y-5.3%
- YTDn/a
In the last week, the Application Software industry is up 2.5%, with Oracle Financial Services Software up 2.4%. Meanwhile, C. E. Info Systems actually underperformed within the industry, shrinking 9.0% in the last week. However, the industry is down 4.5% over the past year. Earnings are forecast to grow by 18% 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 |
|---|---|---|---|---|---|---|
| Wed, 18 Jun 2025 | ₹1.8t | ₹297.5b | ₹46.1b | 33.5x | 38.5x | 6x |
| Fri, 16 May 2025 | ₹1.6t | ₹297.6b | ₹43.2b | 28.9x | 37.8x | 5.5x |
| Sun, 13 Apr 2025 | ₹1.4t | ₹289.0b | ₹40.5b | 26.1x | 35.4x | 5x |
| Tue, 11 Mar 2025 | ₹1.4t | ₹289.0b | ₹40.5b | 25.9x | 35.2x | 4.9x |
| Thu, 06 Feb 2025 | ₹1.7t | ₹287.5b | ₹41.6b | 30x | 42x | 6.1x |
| Sat, 04 Jan 2025 | ₹2.1t | ₹285.1b | ₹44.3b | 36.1x | 48.2x | 7.5x |
| Mon, 02 Dec 2024 | ₹2.0t | ₹285.6b | ₹47.0b | 30.3x | 41.7x | 6.9x |
| Wed, 30 Oct 2024 | ₹1.8t | ₹281.7b | ₹49.1b | 29.2x | 37.6x | 6.6x |
| Fri, 27 Sep 2024 | ₹2.0t | ₹277.7b | ₹47.3b | 31.8x | 41.6x | 7.1x |
| Sun, 25 Aug 2024 | ₹1.9t | ₹277.1b | ₹47.4b | 35.1x | 41.1x | 7x |
| Tue, 23 Jul 2024 | ₹1.9t | ₹271.1b | ₹46.7b | 32.8x | 40.9x | 7x |
| Thu, 20 Jun 2024 | ₹1.8t | ₹267.5b | ₹46.5b | 31.6x | 38.1x | 6.6x |
| Sat, 18 May 2024 | ₹1.5t | ₹276.1b | ₹45.2b | 32.8x | 33.9x | 5.6x |
| Mon, 15 Apr 2024 | ₹1.6t | ₹268.5b | ₹45.4b | 33.2x | 34.7x | 5.9x |
| Wed, 13 Mar 2024 | ₹1.6t | ₹268.5b | ₹45.4b | 33.5x | 34.5x | 5.8x |
| Fri, 09 Feb 2024 | ₹1.5t | ₹267.3b | ₹44.9b | 32.6x | 34.2x | 5.7x |
| Sun, 07 Jan 2024 | ₹1.2t | ₹254.8b | ₹39.4b | 34x | 31.7x | 4.9x |
| Tue, 05 Dec 2023 | ₹1.2t | ₹254.7b | ₹39.5b | 33.9x | 29.4x | 4.6x |
| Thu, 02 Nov 2023 | ₹1.1t | ₹252.2b | ₹37.9b | 32.4x | 28.8x | 4.3x |
| Sat, 30 Sep 2023 | ₹1.1t | ₹245.4b | ₹37.0b | 34.7x | 29.7x | 4.5x |
| Mon, 28 Aug 2023 | ₹1.1t | ₹240.0b | ₹36.7b | 32.4x | 28.8x | 4.4x |
| Wed, 26 Jul 2023 | ₹1.0t | ₹232.9b | ₹34.9b | 32.2x | 28.6x | 4.3x |
| Fri, 23 Jun 2023 | ₹960.4b | ₹231.1b | ₹34.4b | 30.5x | 27.9x | 4.2x |
| Sun, 21 May 2023 | ₹834.4b | ₹225.7b | ₹33.1b | 28.3x | 25.2x | 3.7x |
| Tue, 18 Apr 2023 | ₹755.1b | ₹218.4b | ₹33.2b | 27.7x | 22.7x | 3.5x |
| Thu, 16 Mar 2023 | ₹732.5b | ₹218.4b | ₹33.2b | 25.4x | 22.1x | 3.4x |
| Sat, 11 Feb 2023 | ₹816.7b | ₹225.4b | ₹34.5b | 28.1x | 23.7x | 3.6x |
| Mon, 09 Jan 2023 | ₹780.2b | ₹213.5b | ₹32.5b | 31.9x | 24x | 3.7x |
| Wed, 07 Dec 2022 | ₹763.6b | ₹205.2b | ₹32.1b | 34.5x | 23.8x | 3.7x |
| Fri, 04 Nov 2022 | ₹739.9b | ₹203.8b | ₹32.2b | 42x | 23x | 3.6x |
| Sun, 02 Oct 2022 | ₹764.6b | ₹197.2b | ₹33.1b | 42.2x | 23.1x | 3.9x |
| Tue, 30 Aug 2022 | ₹789.5b | ₹196.9b | ₹33.1b | 43.9x | 23.8x | 4x |
| Thu, 28 Jul 2022 | ₹804.5b | ₹232.4b | ₹37.4b | 32.9x | 21.5x | 3.5x |
| Sat, 25 Jun 2022 | ₹873.8b | ₹232.6b | ₹38.3b | 33.2x | 22.8x | 3.8x |
Price to Earnings Ratio
22.8x
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 38.4x which is higher than its 3-year average PE of 31.6x.
- The 3-year average PS ratio of 5.0x 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 6.3% 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 | -1.70% | |
| Tech | 1.61% | |
| Software | -0.16% | |
| Application Software | 0.80% | |
| Systems Software | -1.60% | |
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 | ₹9.73k | 2.4% +₹19.9b | 0.9% | PE35.5x | |
| INTELLECT Intellect Design Arena | ₹1.23k | 4.5% +₹7.3b | 16.6% | PE51.3x | |
| TANLA Tanla Platforms | ₹676.50 | 7.5% +₹6.4b | -29.2% | PE18x | |
| 526881 63 moons technologies | ₹916.25 | 6.1% +₹2.4b | 145.7% | PS90.2x | |
| ROUTE Route Mobile | ₹1.06k | 2.8% +₹1.8b | -32.2% | PE20.9x |