Header cover image

Indian (NIFTY) Application Software Industry Analysis

UpdatedJul 20, 2024
DataAggregated Company Financials
Companies58
  • 7D-0.4%
  • 3M25.3%
  • 1Y83.6%
  • YTDn/a

Over the last 7 days, the Application Software industry has risen 3.5%, driven by gains from Oracle Financial Services Software of 2.3%. Meanwhile, Aurionpro Solutions actually underperformed within the industry, shrinking 14% in the last week. In the last 12 months, the industry was up 89%. As for the next few years, earnings are expected to grow by 15% per annum.

Industry Valuation and Performance

Has the Indian Application Software Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 20 Jul 2024₹1.9t₹268.6b₹46.7b34x41.3x7.2x
Mon, 17 Jun 2024₹1.7t₹267.5b₹46.5b32.5x37.3x6.5x
Wed, 15 May 2024₹1.5t₹275.3b₹45.1b32.5x33.9x5.6x
Fri, 12 Apr 2024₹1.6t₹268.5b₹45.4b33.7x35.2x6x
Sun, 10 Mar 2024₹1.6t₹268.5b₹45.4b33.7x35.2x6x
Tue, 06 Feb 2024₹1.5t₹266.7b₹44.8b31.6x32.4x5.4x
Thu, 04 Jan 2024₹1.2t₹255.4b₹39.5b35.7x31.2x4.8x
Sat, 02 Dec 2023₹1.1t₹254.7b₹39.5b31.3x29.1x4.5x
Mon, 30 Oct 2023₹1.1t₹252.2b₹37.9b32.3x28.9x4.3x
Wed, 27 Sep 2023₹1.1t₹245.7b₹37.0b34.2x29.7x4.5x
Fri, 25 Aug 2023₹1.1t₹240.0b₹36.7b32.4x28.8x4.4x
Sun, 23 Jul 2023₹1.0t₹232.9b₹34.9b32.9x28.8x4.3x
Tue, 20 Jun 2023₹942.0b₹230.8b₹34.4b30.9x27.4x4.1x
Thu, 18 May 2023₹833.9b₹225.4b₹32.9b28.8x25.3x3.7x
Sat, 15 Apr 2023₹754.7b₹218.4b₹33.2b25.5x22.7x3.5x
Mon, 13 Mar 2023₹761.8b₹218.4b₹33.2b25.6x22.9x3.5x
Wed, 08 Feb 2023₹795.2b₹224.5b₹33.0b27.7x24.1x3.5x
Fri, 06 Jan 2023₹783.3b₹213.5b₹32.5b32.3x24.1x3.7x
Sun, 04 Dec 2022₹773.3b₹205.2b₹32.1b35.7x24.1x3.8x
Tue, 01 Nov 2022₹725.7b₹203.5b₹32.2b41.1x22.6x3.6x
Thu, 29 Sep 2022₹753.4b₹197.2b₹33.1b42.2x22.7x3.8x
Sat, 27 Aug 2022₹800.5b₹196.9b₹33.1b40.1x24.2x4.1x
Mon, 25 Jul 2022₹892.2b₹230.2b₹37.3b32.8x23.9x3.9x
Wed, 22 Jun 2022₹855.5b₹232.6b₹38.3b33.2x22.3x3.7x
Fri, 20 May 2022₹895.9b₹209.4b₹36.2b29.4x24.7x4.3x
Sun, 17 Apr 2022₹1.1t₹219.7b₹35.0b39x32x5.1x
Tue, 15 Mar 2022₹1.1t₹219.7b₹35.0b37.8x30.1x4.8x
Thu, 10 Feb 2022₹1.1t₹218.7b₹34.8b36.9x32.2x5.1x
Sat, 08 Jan 2022₹1.2t₹209.2b₹34.5b30x35.4x5.8x
Mon, 06 Dec 2021₹1.0t₹205.0b₹34.2b26.1x29.4x4.9x
Wed, 03 Nov 2021₹1.0t₹204.0b₹34.6b70.2x28.9x4.9x
Fri, 01 Oct 2021₹966.9b₹197.1b₹56.2b30.9x17.2x4.9x
Sun, 29 Aug 2021₹972.9b₹194.7b₹56.4b31.6x17.2x5x
Price to Earnings Ratio

17.3x


Total Market Cap: ₹974.0bTotal Earnings: ₹56.4bTotal Revenue: ₹194.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Application Software Industry Price to Earnings3Y Average 27.5x202220232024
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 41.7x which is higher than its 3-year average PE of 27.5x.
  • The 3-year average PS ratio of 4.6x is lower than the industry's current PS ratio of 7.2x.
Past Earnings Growth
  • The earnings for companies in the Application Software industry have declined 6.1% per year over the last three years.
  • Meanwhile revenues for these companies have grown 11% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Indian Application Software compare with similar industries?

IN Market-1.34%
Tech1.57%
Software-0.91%
Application Software-0.40%
Systems Software-1.62%
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?

CompanyLast Price7D1YValuation
532466 Oracle Financial Services Software₹10.81k2.3%
+₹21.0b
180.2%PE42.2x
TANLA Tanla Platforms₹970.101.8%
+₹2.3b
-23.4%PE23.8x
531209 Nucleus Software Exports₹1.49k4.9%
+₹1.9b
36.6%PE20.8x
ONMOBILE OnMobile Global₹82.7013.7%
+₹1.1b
7.1%PE57.7x
540735 IRIS Business Services₹280.8017.0%
+₹812.1m
245.1%PE64.3x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

531489

₹426.55

CG-VAK Software and Exports

7D

23.0%

1Y

4.9%

SASKEN

₹1,682.90

Sasken Technologies

7D

-5.4%

1Y

73.7%

ONMOBILE

₹82.70

OnMobile Global

7D

13.7%

1Y

7.1%

540735

₹280.80

IRIS Business Services

7D

17.0%

1Y

245.1%

532466

₹10,806.40

Oracle Financial Services Software

7D

2.3%

1Y

180.2%

INTELLECT

₹1,070.75

Intellect Design Arena

7D

-1.1%

1Y

69.4%

532326

₹163.90

Intense Technologies

7D

9.4%

1Y

89.9%

MAPMYINDIA

₹2,275.20

C. E. Info Systems

7D

-6.2%

1Y

56.5%

532348

₹31.09

Subex

7D

1.3%

1Y

-3.4%

AURIONPRO

₹1,429.50

Aurionpro Solutions

7D

-13.5%

1Y

191.5%

531209

₹1,492.05

Nucleus Software Exports

7D

4.9%

1Y

36.6%

543931

₹443.60

Veefin Solutions

7D

-12.8%

1Y

224.1%

542770

₹260.15

Alphalogic Techsys

7D

-10.0%

1Y

891.7%