DiGiSPICE Technologies Limited's (NSE:DIGISPICE) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Dec 28
Have your own idea? Try our Stock Screener
Indian (NIFTY) Application Software Industry Analysis
UpdatedDec 30, 2024
DataAggregated Company Financials
Companies58
- 7D3.1%
- 3M3.9%
- 1Y64.7%
- YTDn/a
Over the last 7 days, the Application Software industry has risen 3.1%, driven by gains from Oracle Financial Services Software of 3.3%. During this same period, the 63 moons technologies underperformed, falling 7.6%. This means that the industry has gained 65% over the past year. Looking forward, earnings are forecast to grow by 16% 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 |
|---|---|---|---|---|---|---|
| Mon, 30 Dec 2024 | ₹2.1t | ₹285.1b | ₹44.3b | 36.7x | 48.4x | 7.5x |
| Wed, 27 Nov 2024 | ₹2.0t | ₹285.6b | ₹47.1b | 30x | 41.5x | 6.8x |
| Fri, 25 Oct 2024 | ₹1.8t | ₹279.4b | ₹47.6b | 30.4x | 38.5x | 6.6x |
| Sun, 22 Sep 2024 | ₹2.0t | ₹277.1b | ₹47.3b | 33.4x | 41.7x | 7.1x |
| Tue, 20 Aug 2024 | ₹1.9t | ₹277.1b | ₹47.4b | 33.6x | 40.9x | 7x |
| Thu, 18 Jul 2024 | ₹2.0t | ₹268.6b | ₹46.7b | 36.1x | 42.3x | 7.3x |
| Sat, 15 Jun 2024 | ₹1.7t | ₹267.5b | ₹46.5b | 32.5x | 37.3x | 6.5x |
| Mon, 13 May 2024 | ₹1.5t | ₹274.6b | ₹45.0b | 31.8x | 32.9x | 5.4x |
| Wed, 10 Apr 2024 | ₹1.6t | ₹268.5b | ₹45.4b | 34x | 35.3x | 6x |
| Fri, 08 Mar 2024 | ₹1.6t | ₹268.5b | ₹45.4b | 33.7x | 34.6x | 5.8x |
| Sun, 04 Feb 2024 | ₹1.4t | ₹266.7b | ₹44.6b | 30.7x | 32.4x | 5.4x |
| Tue, 02 Jan 2024 | ₹1.2t | ₹255.4b | ₹39.5b | 33.7x | 31.1x | 4.8x |
| Thu, 30 Nov 2023 | ₹1.1t | ₹254.7b | ₹39.5b | 30.9x | 28.8x | 4.5x |
| Sat, 28 Oct 2023 | ₹1.1t | ₹248.5b | ₹37.3b | 32.3x | 28.9x | 4.3x |
| Mon, 25 Sep 2023 | ₹1.1t | ₹245.7b | ₹37.0b | 33.6x | 29.6x | 4.5x |
| Wed, 23 Aug 2023 | ₹1.0t | ₹240.0b | ₹36.7b | 32x | 28.6x | 4.4x |
| Fri, 21 Jul 2023 | ₹990.7b | ₹230.6b | ₹34.4b | 32.4x | 28.8x | 4.3x |
| Sun, 18 Jun 2023 | ₹938.0b | ₹227.0b | ₹33.9b | 30.4x | 27.7x | 4.1x |
| Tue, 16 May 2023 | ₹818.9b | ₹225.1b | ₹33.2b | 28.8x | 24.6x | 3.6x |
| Thu, 13 Apr 2023 | ₹750.0b | ₹218.4b | ₹33.2b | 25.7x | 22.6x | 3.4x |
| Sat, 11 Mar 2023 | ₹761.8b | ₹218.4b | ₹33.2b | 25.6x | 22.9x | 3.5x |
| Mon, 06 Feb 2023 | ₹792.9b | ₹224.7b | ₹33.0b | 28.7x | 24x | 3.5x |
| Wed, 04 Jan 2023 | ₹791.8b | ₹213.5b | ₹32.5b | 32.6x | 24.4x | 3.7x |
| Fri, 02 Dec 2022 | ₹761.4b | ₹205.2b | ₹32.1b | 35x | 23.7x | 3.7x |
| Sun, 30 Oct 2022 | ₹734.1b | ₹203.4b | ₹32.2b | 40.9x | 22.8x | 3.6x |
| Tue, 27 Sep 2022 | ₹741.3b | ₹197.2b | ₹33.1b | 41.4x | 22.4x | 3.8x |
| Thu, 25 Aug 2022 | ₹788.7b | ₹196.9b | ₹33.1b | 32.5x | 23.8x | 4x |
| Sat, 23 Jul 2022 | ₹897.3b | ₹173.8b | ₹37.3b | 33x | 24x | 5.2x |
| Mon, 20 Jun 2022 | ₹859.5b | ₹232.6b | ₹38.3b | 33.2x | 22.4x | 3.7x |
| Wed, 18 May 2022 | ₹955.2b | ₹225.8b | ₹36.0b | 30.5x | 26.5x | 4.2x |
| Fri, 15 Apr 2022 | ₹1.1t | ₹219.7b | ₹35.0b | 38.2x | 32x | 5.1x |
| Sun, 13 Mar 2022 | ₹1.1t | ₹219.7b | ₹35.0b | 37.7x | 30.2x | 4.8x |
| Tue, 08 Feb 2022 | ₹1.1t | ₹218.1b | ₹35.3b | 41.1x | 32.2x | 5.2x |
| Thu, 06 Jan 2022 | ₹1.2t | ₹209.2b | ₹34.5b | 28.8x | 35.6x | 5.9x |
Price to Earnings Ratio
35.6x
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 48.4x which is higher than its 3-year average PE of 30.3x.
- The 3-year average PS ratio of 4.9x is lower than the industry's current PS ratio of 7.5x.
Past Earnings Growth
- The earnings for companies in the Application Software industry have grown 8.6% per year over the last three years.
- Revenues for these companies have grown 11% 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 | 0.24% | |
| Tech | -0.19% | |
| Software | 2.08% | |
| Application Software | 3.08% | |
| Systems Software | 0.49% | |
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 | ₹12.99k | 5.9% +₹63.3b | 199.6% | PE45.2x | |
| RATEGAIN RateGain Travel Technologies | ₹723.05 | 4.7% +₹3.8b | 1.2% | PE45.3x | |
| ROUTE Route Mobile | ₹1.42k | 3.9% +₹3.4b | -15.2% | PE23.3x | |
| PELATRO Pelatro | ₹538.60 | 38.7% +₹1.6b | n/a | PS10.2x | |
| SOFTTECH SoftTech Engineers | ₹542.70 | 12.6% +₹778.8m | 136.8% | PE226.6x |
