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- 7D-0.3%
- 3M-24.6%
- 1Y-18.9%
- YTDn/a
The Application Software is pretty flat in the last 7 days, but Oracle Financial Services Software has stood out, gaining 4.6%. Unfortunately though, the industry is down 19% over the past 12 months. Looking forward, 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 |
|---|---|---|---|---|---|---|
| Tue, 24 Mar 2026 | ₹1.4t | ₹359.8b | ₹55.5b | 21.6x | 25.2x | 3.9x |
| Thu, 19 Feb 2026 | ₹1.6t | ₹358.4b | ₹55.4b | 26.9x | 28x | 4.3x |
| Sat, 17 Jan 2026 | ₹1.6t | ₹315.8b | ₹50.4b | 32x | 31.3x | 5x |
| Mon, 15 Dec 2025 | ₹1.7t | ₹317.0b | ₹50.5b | 35.4x | 32.9x | 5.2x |
| Wed, 12 Nov 2025 | ₹1.6t | ₹304.2b | ₹47.9b | 37.5x | 34.4x | 5.4x |
| Fri, 10 Oct 2025 | ₹1.7t | ₹296.7b | ₹45.6b | 36.4x | 38.2x | 5.9x |
| Sun, 07 Sep 2025 | ₹1.6t | ₹296.7b | ₹45.5b | 34.6x | 36x | 5.5x |
| Tue, 05 Aug 2025 | ₹1.6t | ₹290.9b | ₹44.3b | 39.3x | 36.9x | 5.6x |
| Thu, 03 Jul 2025 | ₹1.7t | ₹287.7b | ₹44.0b | 33x | 38.5x | 5.9x |
| Sat, 31 May 2025 | ₹1.7t | ₹297.5b | ₹46.6b | 30.3x | 35.5x | 5.6x |
| Mon, 28 Apr 2025 | ₹1.5t | ₹291.0b | ₹41.1b | 28.7x | 37.4x | 5.3x |
| Wed, 26 Mar 2025 | ₹1.5t | ₹289.0b | ₹40.5b | 25.2x | 36.7x | 5.1x |
| Fri, 21 Feb 2025 | ₹1.6t | ₹289.0b | ₹40.4b | 27.5x | 38.8x | 5.4x |
| Sun, 19 Jan 2025 | ₹1.9t | ₹284.0b | ₹42.3b | 33.4x | 44x | 6.5x |
| Tue, 17 Dec 2024 | ₹2.1t | ₹286.0b | ₹44.4b | 33.6x | 47.5x | 7.4x |
| Thu, 14 Nov 2024 | ₹1.9t | ₹281.6b | ₹48.5b | 30.1x | 39.1x | 6.7x |
| Sat, 12 Oct 2024 | ₹2.0t | ₹277.7b | ₹47.3b | 32.5x | 41.7x | 7.1x |
| Mon, 09 Sep 2024 | ₹1.9t | ₹277.1b | ₹47.4b | 33.5x | 40.8x | 7x |
| Wed, 07 Aug 2024 | ₹1.8t | ₹275.6b | ₹47.4b | 31.7x | 37.3x | 6.4x |
| Fri, 05 Jul 2024 | ₹1.9t | ₹267.5b | ₹46.5b | 38.5x | 40.8x | 7.1x |
| Sun, 02 Jun 2024 | ₹1.5t | ₹270.5b | ₹46.3b | 28x | 32x | 5.5x |
| Tue, 30 Apr 2024 | ₹1.5t | ₹272.0b | ₹46.4b | 30.9x | 33.2x | 5.7x |
| Thu, 28 Mar 2024 | ₹1.6t | ₹268.5b | ₹45.4b | 33.8x | 35.3x | 6x |
| Sat, 24 Feb 2024 | ₹1.6t | ₹268.5b | ₹45.4b | 33.4x | 34.5x | 5.8x |
| Mon, 22 Jan 2024 | ₹1.5t | ₹263.3b | ₹43.5b | 32.1x | 34.2x | 5.7x |
| Wed, 20 Dec 2023 | ₹1.2t | ₹254.7b | ₹39.5b | 33.5x | 31.1x | 4.8x |
| Fri, 17 Nov 2023 | ₹1.1t | ₹254.6b | ₹39.4b | 32x | 28.7x | 4.4x |
| Sun, 15 Oct 2023 | ₹1.1t | ₹245.4b | ₹37.0b | 34.1x | 30.2x | 4.6x |
| Tue, 12 Sep 2023 | ₹1.1t | ₹240.0b | ₹36.7b | 33.2x | 30.3x | 4.6x |
| Thu, 10 Aug 2023 | ₹1.0t | ₹239.9b | ₹36.6b | 33.1x | 28.5x | 4.4x |
| Sat, 08 Jul 2023 | ₹949.5b | ₹230.1b | ₹34.4b | 30.2x | 27.6x | 4.1x |
| Mon, 05 Jun 2023 | ₹868.8b | ₹228.6b | ₹33.8b | 27.8x | 25.7x | 3.8x |
| Wed, 03 May 2023 | ₹797.0b | ₹223.1b | ₹33.5b | 29.3x | 23.8x | 3.6x |
| Fri, 31 Mar 2023 | ₹719.5b | ₹218.4b | ₹33.2b | 24.2x | 21.7x | 3.3x |
Price to Earnings Ratio
21.7x
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 25.2x 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 3.9x.
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 | -3.57% | |
| Tech | -0.15% | |
| Software | -0.59% | |
| Application Software | -0.34% | |
| Systems Software | -1.11% | |
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 | ₹6.60k | 4.6% +₹25.3b | -17.0% | PE23.5x | |
| FRACTAL Fractal Analytics | ₹821.05 | 3.1% +₹4.3b | n/a | PE61.6x | |
| BLACKBUCK BlackBuck | ₹589.85 | 2.7% +₹2.8b | 41.7% | PE28.2x | |
| SASKEN Sasken Technologies | ₹1.17k | 13.5% +₹2.1b | -25.2% | PE46.8x | |
| 532408 Sigma Advanced Systems | ₹164.60 | 7.8% +₹2.1b | 216.9% | PE21.9x |
