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- 7D-2.8%
- 3M-23.1%
- 1Y-10.4%
- YTDn/a
Over the last 7 days, the Application Software industry has dropped 2.8%, driven by Oracle Financial Services Software declining 2.9%. Meanwhile, HyperSoft Technologies actually outperformed within the industry, gaining 28% in the last week. However, the industry is down 10% 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 |
|---|---|---|---|---|---|---|
| Sun, 15 Mar 2026 | ₹1.4t | ₹359.8b | ₹55.5b | 22.9x | 25.7x | 4x |
| Tue, 10 Feb 2026 | ₹1.5t | ₹324.6b | ₹51.8b | 29.8x | 28.7x | 4.6x |
| Thu, 08 Jan 2026 | ₹1.6t | ₹315.8b | ₹50.5b | 35.5x | 32.6x | 5.2x |
| Sat, 06 Dec 2025 | ₹1.7t | ₹317.0b | ₹50.5b | 35.1x | 33.2x | 5.3x |
| Mon, 03 Nov 2025 | ₹1.7t | ₹301.5b | ₹45.8b | 34.6x | 37x | 5.6x |
| Wed, 01 Oct 2025 | ₹1.6t | ₹296.6b | ₹45.5b | 36.1x | 36.2x | 5.6x |
| Fri, 29 Aug 2025 | ₹1.6t | ₹296.9b | ₹45.5b | 35.5x | 36.1x | 5.5x |
| Sun, 27 Jul 2025 | ₹1.7t | ₹290.7b | ₹44.2b | 38.6x | 37.5x | 5.7x |
| Tue, 24 Jun 2025 | ₹1.7t | ₹297.5b | ₹46.1b | 33x | 36.5x | 5.7x |
| Thu, 22 May 2025 | ₹1.6t | ₹298.5b | ₹43.4b | 29.2x | 37.8x | 5.5x |
| Sat, 19 Apr 2025 | ₹1.5t | ₹289.0b | ₹40.5b | 26.6x | 36.7x | 5.1x |
| Mon, 17 Mar 2025 | ₹1.4t | ₹289.0b | ₹40.5b | 23.9x | 34.1x | 4.8x |
| Wed, 12 Feb 2025 | ₹1.7t | ₹289.5b | ₹41.3b | 26.3x | 40.5x | 5.8x |
| Fri, 10 Jan 2025 | ₹2.0t | ₹285.1b | ₹44.3b | 32.8x | 45.9x | 7.1x |
| Sun, 08 Dec 2024 | ₹2.1t | ₹285.6b | ₹47.0b | 35.2x | 44.3x | 7.3x |
| Tue, 05 Nov 2024 | ₹1.9t | ₹281.7b | ₹49.1b | 29.2x | 37.9x | 6.6x |
| Thu, 03 Oct 2024 | ₹2.0t | ₹277.7b | ₹47.3b | 32.6x | 41.6x | 7.1x |
| Sat, 31 Aug 2024 | ₹2.0t | ₹277.1b | ₹47.4b | 33.9x | 41.2x | 7x |
| Mon, 29 Jul 2024 | ₹1.9t | ₹274.3b | ₹47.8b | 33.9x | 40.8x | 7.1x |
| Wed, 26 Jun 2024 | ₹1.8t | ₹267.5b | ₹46.5b | 34.7x | 38.6x | 6.7x |
| Fri, 24 May 2024 | ₹1.5t | ₹270.3b | ₹46.0b | 29.8x | 33x | 5.6x |
| Sun, 21 Apr 2024 | ₹1.5t | ₹268.6b | ₹45.5b | 30.8x | 33.3x | 5.6x |
| Tue, 19 Mar 2024 | ₹1.6t | ₹268.5b | ₹45.4b | 34.9x | 34.6x | 5.9x |
| Thu, 15 Feb 2024 | ₹1.5t | ₹268.6b | ₹45.4b | 31.5x | 33.9x | 5.7x |
| Sat, 13 Jan 2024 | ₹1.3t | ₹255.0b | ₹39.7b | 32.2x | 32.6x | 5.1x |
| Mon, 11 Dec 2023 | ₹1.2t | ₹254.7b | ₹39.5b | 32.5x | 29.5x | 4.6x |
| Wed, 08 Nov 2023 | ₹1.1t | ₹252.3b | ₹38.0b | 36.3x | 29.3x | 4.4x |
| Fri, 06 Oct 2023 | ₹1.1t | ₹245.3b | ₹36.9b | 33.5x | 29.7x | 4.5x |
| Sun, 03 Sep 2023 | ₹1.1t | ₹240.0b | ₹36.7b | 34.3x | 29.4x | 4.5x |
| Tue, 01 Aug 2023 | ₹1.0t | ₹237.4b | ₹35.8b | 31.4x | 28.3x | 4.3x |
| Thu, 29 Jun 2023 | ₹938.8b | ₹231.1b | ₹34.4b | 30.9x | 27.3x | 4.1x |
| Sat, 27 May 2023 | ₹839.5b | ₹227.2b | ₹32.8b | 28.2x | 25.6x | 3.7x |
| Mon, 24 Apr 2023 | ₹754.2b | ₹219.2b | ₹33.2b | 28.1x | 22.7x | 3.4x |
| Wed, 22 Mar 2023 | ₹730.3b | ₹218.4b | ₹33.2b | 24.9x | 22x | 3.3x |
Price to Earnings Ratio
22x
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 25.7x which is lower than its 3-year average PE of 34.3x.
- The 3-year average PS ratio of 5.4x is higher than the industry's current PS ratio of 4.0x.
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 | -4.42% | |
| Tech | -3.48% | |
| Software | -2.97% | |
| Application Software | -2.82% | |
| Systems Software | -3.28% | |
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 | |
|---|---|---|---|---|---|
| 539724 HyperSoft Technologies | ₹111.77 | 27.5% +₹2.0b | 477.6% | PE383.1x | |
| RATEGAIN RateGain Travel Technologies | ₹493.00 | 2.7% +₹1.6b | 9.6% | PE32.5x | |
| 532341 IZMO | ₹709.65 | 5.0% +₹508.7m | 159.1% | PE28.6x | |
| 531209 Nucleus Software Exports | ₹779.75 | 2.4% +₹477.8m | -3.2% | PE14x | |
| 532332 Cura Technologies | ₹116.76 | 27.6% +₹250.1m | n/a | PS303.6x |
