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- 7D-1.5%
- 3M-20.1%
- 1Y-9.1%
- YTDn/a
Over the last 7 days, the Application Software industry has dropped 1.5%, driven by a pullback from Fractal Analytics of 11%. However, the industry is down 9.1% over the past year. As for the next few years, earnings are expected to grow by 18% 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 |
|---|---|---|---|---|---|---|
| Tue, 03 Mar 2026 | ₹1.5t | ₹358.5b | ₹55.4b | 25.4x | 27.1x | 4.2x |
| Thu, 29 Jan 2026 | ₹1.6t | ₹334.5b | ₹51.4b | 29.4x | 31.4x | 4.8x |
| Sat, 27 Dec 2025 | ₹1.6t | ₹315.8b | ₹50.5b | 32.5x | 32.4x | 5.2x |
| Mon, 24 Nov 2025 | ₹1.7t | ₹313.2b | ₹50.0b | 38.2x | 33.4x | 5.3x |
| Wed, 22 Oct 2025 | ₹1.7t | ₹298.6b | ₹45.2b | 35.8x | 37.3x | 5.6x |
| Fri, 19 Sep 2025 | ₹1.7t | ₹296.7b | ₹45.5b | 34.3x | 38.3x | 5.9x |
| Sun, 17 Aug 2025 | ₹1.6t | ₹295.0b | ₹45.5b | 36.9x | 36.2x | 5.6x |
| Tue, 15 Jul 2025 | ₹1.7t | ₹287.9b | ₹44.1b | 33x | 38.6x | 5.9x |
| Thu, 12 Jun 2025 | ₹1.8t | ₹298.1b | ₹46.2b | 32.6x | 38.3x | 5.9x |
| Sat, 10 May 2025 | ₹1.5t | ₹290.7b | ₹42.4b | 25.5x | 34.9x | 5.1x |
| Mon, 07 Apr 2025 | ₹1.4t | ₹289.0b | ₹40.5b | 25.8x | 35.4x | 5x |
| Wed, 05 Mar 2025 | ₹1.4t | ₹289.0b | ₹40.5b | 25x | 35.5x | 5x |
| Fri, 31 Jan 2025 | ₹1.7t | ₹287.1b | ₹41.6b | 30.4x | 40.3x | 5.8x |
| Sun, 29 Dec 2024 | ₹2.1t | ₹285.1b | ₹44.3b | 36.7x | 48.4x | 7.5x |
| Tue, 26 Nov 2024 | ₹2.0t | ₹285.6b | ₹47.1b | 29.3x | 41.7x | 6.9x |
| Thu, 24 Oct 2024 | ₹1.9t | ₹279.3b | ₹47.5b | 30.8x | 39.8x | 6.8x |
| Sat, 21 Sep 2024 | ₹2.0t | ₹277.1b | ₹47.3b | 33.4x | 41.7x | 7.1x |
| Mon, 19 Aug 2024 | ₹1.9t | ₹277.1b | ₹47.4b | 33.3x | 40.5x | 6.9x |
| Wed, 17 Jul 2024 | ₹2.0t | ₹267.9b | ₹46.6b | 34x | 42.3x | 7.4x |
| Fri, 14 Jun 2024 | ₹1.7t | ₹267.5b | ₹46.5b | 30.2x | 35.6x | 6.2x |
| Sun, 12 May 2024 | ₹1.5t | ₹274.1b | ₹46.1b | 31.8x | 32.1x | 5.4x |
| Tue, 09 Apr 2024 | ₹1.6t | ₹268.5b | ₹45.4b | 34.7x | 35.7x | 6x |
| Thu, 07 Mar 2024 | ₹1.6t | ₹268.5b | ₹45.4b | 32.5x | 34.6x | 5.8x |
| Sat, 03 Feb 2024 | ₹1.4t | ₹265.6b | ₹44.4b | 30.7x | 32.5x | 5.4x |
| Mon, 01 Jan 2024 | ₹1.2t | ₹255.4b | ₹39.5b | 32.4x | 30.7x | 4.7x |
| Wed, 29 Nov 2023 | ₹1.1t | ₹254.7b | ₹39.5b | 30.3x | 28.8x | 4.5x |
| Fri, 27 Oct 2023 | ₹1.1t | ₹248.5b | ₹37.3b | 31.2x | 28.9x | 4.3x |
| Sun, 24 Sep 2023 | ₹1.1t | ₹245.7b | ₹37.0b | 33.6x | 29.6x | 4.5x |
| Tue, 22 Aug 2023 | ₹1.1t | ₹240.0b | ₹36.7b | 32.2x | 28.7x | 4.4x |
| Thu, 20 Jul 2023 | ₹991.1b | ₹230.1b | ₹34.5b | 32.5x | 28.8x | 4.3x |
| Sat, 17 Jun 2023 | ₹938.0b | ₹227.0b | ₹33.9b | 30.4x | 27.7x | 4.1x |
| Mon, 15 May 2023 | ₹813.4b | ₹225.1b | ₹33.2b | 28.9x | 24.5x | 3.6x |
| Wed, 12 Apr 2023 | ₹742.1b | ₹218.4b | ₹33.2b | 25.5x | 22.4x | 3.4x |
| Fri, 10 Mar 2023 | ₹764.6b | ₹218.4b | ₹33.2b | 26x | 23x | 3.5x |
Price to Earnings Ratio
23x
Current Industry PE
- Investors are pessimistic on the Indian Application Software industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 27.1x which is lower than its 3-year average PE of 34.2x.
- The 3-year average PS ratio of 5.4x is higher than the industry's current PS ratio of 4.2x.
Past Earnings Growth
- The earnings for companies in the Application Software industry have grown 19% per year over the last three years.
- Revenues for these companies have grown 18% 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 | -0.79% | |
| Tech | -3.37% | |
| Software | -3.04% | |
| Application Software | -1.46% | |
| Systems Software | -6.05% | |
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 | ₹6.85k | 2.8% +₹16.1b | -12.6% | PE24.4x | |
| 526881 63 moons technologies | ₹598.00 | 2.2% +₹589.8m | -9.6% | PS27.7x | |
| 543897 Sancode Technologies | ₹227.85 | 14.6% +₹118.4m | 346.8% | PE84.1x | |
| 530595 Telecanor Global | ₹45.39 | 12.1% +₹79.0m | 664.1% | PE10x | |
| 543931 Veefin Solutions | ₹273.95 | 0.7% +₹54.5m | -24.0% | PE37.1x |
