Narrative Update • Aug 17
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- 7D-0.03%
- 3M15.9%
- 1Y12.7%
- YTDn/a
Over the last 7 days, the Application Software industry has dropped 2.0%, and 63 moons technologies contributed the most with a 8.9% decline. Meanwhile, BlackBuck actually outperformed within the industry, gaining 8.5% in the last week. Over the past 12 months, the industry was up 13%. 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 |
|---|---|---|---|---|---|---|
| Thu, 20 Aug 2026 | ₹2.2t | ₹439.8b | ₹63.4b | 22.5x | 35x | 5.1x |
| Sat, 18 Jul 2026 | ₹2.1t | ₹385.7b | ₹57.1b | 25.6x | 37.4x | 5.5x |
| Mon, 15 Jun 2026 | ₹1.9t | ₹385.1b | ₹57.0b | 25.6x | 32.5x | 4.8x |
| Wed, 13 May 2026 | ₹1.8t | ₹372.0b | ₹59.5b | 25.3x | 30.2x | 4.8x |
| Fri, 10 Apr 2026 | ₹1.5t | ₹359.8b | ₹55.5b | 25.5x | 27.6x | 4.3x |
| Sun, 08 Mar 2026 | ₹1.5t | ₹359.8b | ₹55.5b | 23.7x | 26.4x | 4.1x |
| Tue, 03 Feb 2026 | ₹1.6t | ₹335.8b | ₹51.0b | 29.9x | 31.1x | 4.7x |
| Thu, 01 Jan 2026 | ₹1.6t | ₹315.8b | ₹50.5b | 32.8x | 32.2x | 5.1x |
| Sat, 29 Nov 2025 | ₹1.7t | ₹315.6b | ₹50.4b | 38.5x | 33.7x | 5.4x |
| Mon, 27 Oct 2025 | ₹1.7t | ₹298.6b | ₹45.2b | 34.5x | 36.8x | 5.6x |
| Wed, 24 Sep 2025 | ₹1.7t | ₹296.6b | ₹45.5b | 35.6x | 38.4x | 5.9x |
| Fri, 22 Aug 2025 | ₹1.7t | ₹296.9b | ₹45.5b | 37.7x | 37x | 5.7x |
| Sun, 20 Jul 2025 | ₹1.7t | ₹287.4b | ₹43.9b | 33x | 38.9x | 5.9x |
| Tue, 17 Jun 2025 | ₹1.8t | ₹297.5b | ₹46.1b | 32.8x | 38.4x | 5.9x |
| Thu, 15 May 2025 | ₹1.6t | ₹297.5b | ₹43.2b | 28.3x | 37.2x | 5.4x |
| Sat, 12 Apr 2025 | ₹1.4t | ₹289.0b | ₹40.5b | 26.1x | 35.4x | 5x |
| Mon, 10 Mar 2025 | ₹1.5t | ₹289.0b | ₹40.5b | 25.9x | 36.1x | 5.1x |
| Wed, 05 Feb 2025 | ₹1.7t | ₹287.2b | ₹41.7b | 29.8x | 41.6x | 6x |
| Fri, 03 Jan 2025 | ₹2.1t | ₹285.1b | ₹44.3b | 36.6x | 48.5x | 7.5x |
| Sun, 01 Dec 2024 | ₹2.0t | ₹285.6b | ₹47.0b | 30.3x | 41.7x | 6.9x |
| Tue, 29 Oct 2024 | ₹1.8t | ₹281.4b | ₹49.0b | 30.4x | 37.5x | 6.5x |
| Thu, 26 Sep 2024 | ₹2.0t | ₹277.7b | ₹47.3b | 31.8x | 41.4x | 7x |
| Sat, 24 Aug 2024 | ₹1.9t | ₹277.1b | ₹47.4b | 35.1x | 41.1x | 7x |
| Mon, 22 Jul 2024 | ₹1.9t | ₹271.1b | ₹46.7b | 34x | 41x | 7.1x |
| Wed, 19 Jun 2024 | ₹1.8t | ₹267.5b | ₹46.5b | 32.3x | 37.8x | 6.6x |
| Fri, 17 May 2024 | ₹1.5t | ₹275.6b | ₹45.3b | 33.1x | 34.1x | 5.6x |
| Sun, 14 Apr 2024 | ₹1.6t | ₹268.5b | ₹45.4b | 33.2x | 34.7x | 5.9x |
| Tue, 12 Mar 2024 | ₹1.6t | ₹268.5b | ₹45.4b | 32.8x | 34.5x | 5.8x |
| Thu, 08 Feb 2024 | ₹1.5t | ₹267.2b | ₹44.9b | 32.2x | 33.9x | 5.7x |
| Sat, 06 Jan 2024 | ₹1.3t | ₹255.4b | ₹39.5b | 35.5x | 31.7x | 4.9x |
| Mon, 04 Dec 2023 | ₹1.1t | ₹254.7b | ₹39.5b | 34.6x | 29.1x | 4.5x |
| Wed, 01 Nov 2023 | ₹1.1t | ₹252.2b | ₹37.9b | 33x | 28.8x | 4.3x |
| Fri, 29 Sep 2023 | ₹1.1t | ₹245.4b | ₹37.0b | 34.5x | 29.7x | 4.5x |
| Sun, 27 Aug 2023 | ₹1.1t | ₹240.0b | ₹36.7b | 32.4x | 28.8x | 4.4x |
Price to Earnings Ratio
28.8x
Current Industry PE
- Investors are relatively neutral on the Indian Application Software industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 35.2x.
- The 3-year average PS ratio of 5.6x is higher than the industry's current PS ratio of 5.0x.
Past Earnings Growth
- The earnings for companies in the Application Software industry have grown 20% per year over the last three years.
- Revenues for these companies have grown 22% 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 | -1.00% | |
| Tech | -2.46% | |
| Software | -0.74% | |
| Application Software | -0.028% | |
| Systems Software | -3.05% | |
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 | |
|---|---|---|---|---|---|
| BLACKBUCK BlackBuck | ₹616.35 | 8.5% +₹8.8b | 5.2% | PE66.5x | |
| 532466 Oracle Financial Services Software | ₹11.72k | 0.6% +₹6.0b | 33.7% | PE29.9x | |
| 532408 Sigma Advanced Systems | ₹691.05 | 1.8% +₹2.3b | 460.9% | PE78.6x | |
| FRACTAL Fractal Analytics | ₹834.20 | 1.4% +₹1.9b | n/a | PE43.6x | |
| 532348 Subex | ₹15.89 | 18.3% +₹1.4b | 18.8% | PE29.4x |