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- 7D-0.8%
- 3M-21.5%
- 1Y-14.9%
- YTDn/a
Over the last 7 days, the Application Software industry has remained flat, although notably Oracle Financial Services Software gained 5.6%. As for the longer term, the industry has declined 15% in the last year. 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 |
|---|---|---|---|---|---|---|
| Sat, 28 Mar 2026 | ₹1.4t | ₹359.8b | ₹55.5b | 20.9x | 25.9x | 4x |
| Mon, 23 Feb 2026 | ₹1.5t | ₹358.4b | ₹55.4b | 26.4x | 27.5x | 4.3x |
| Wed, 21 Jan 2026 | ₹1.6t | ₹329.8b | ₹50.6b | 31.4x | 31.7x | 4.9x |
| Fri, 19 Dec 2025 | ₹1.6t | ₹315.8b | ₹50.5b | 35.4x | 32x | 5.1x |
| Sun, 16 Nov 2025 | ₹1.7t | ₹305.4b | ₹49.6b | 38.6x | 33.3x | 5.4x |
| Tue, 14 Oct 2025 | ₹1.7t | ₹296.7b | ₹45.6b | 37.2x | 38.3x | 5.9x |
| Thu, 11 Sep 2025 | ₹1.8t | ₹296.7b | ₹45.5b | 34.9x | 38.5x | 5.9x |
| Sat, 09 Aug 2025 | ₹1.6t | ₹291.8b | ₹44.4b | 34.9x | 36.4x | 5.5x |
| Mon, 07 Jul 2025 | ₹1.7t | ₹287.9b | ₹44.1b | 33.1x | 38.9x | 6x |
| Wed, 04 Jun 2025 | ₹1.6t | ₹300.0b | ₹46.5b | 27.4x | 35.3x | 5.5x |
| Fri, 02 May 2025 | ₹1.5t | ₹290.8b | ₹41.0b | 28.4x | 37.6x | 5.3x |
| Sun, 30 Mar 2025 | ₹1.5t | ₹289.0b | ₹40.5b | 27.2x | 36.3x | 5.1x |
| Tue, 25 Feb 2025 | ₹1.5t | ₹289.0b | ₹40.4b | 26.3x | 37.8x | 5.3x |
| Thu, 23 Jan 2025 | ₹1.8t | ₹284.1b | ₹42.2b | 32.8x | 42.5x | 6.3x |
| Sat, 21 Dec 2024 | ₹2.1t | ₹285.0b | ₹44.3b | 35.9x | 46.9x | 7.3x |
| Mon, 18 Nov 2024 | ₹1.9t | ₹283.3b | ₹48.7b | 29.2x | 38.9x | 6.7x |
| Wed, 16 Oct 2024 | ₹2.0t | ₹277.7b | ₹47.3b | 33.4x | 42.3x | 7.2x |
| Fri, 13 Sep 2024 | ₹2.0t | ₹277.1b | ₹47.3b | 33.9x | 42.4x | 7.2x |
| Sun, 11 Aug 2024 | ₹1.9t | ₹276.0b | ₹47.7b | 34.7x | 39.3x | 6.8x |
| Tue, 09 Jul 2024 | ₹1.9t | ₹267.6b | ₹46.6b | 39.9x | 40.5x | 7x |
| Thu, 06 Jun 2024 | ₹1.5t | ₹266.9b | ₹46.4b | 27.5x | 32x | 5.6x |
| Sat, 04 May 2024 | ₹1.6t | ₹272.1b | ₹46.5b | 32.3x | 33.4x | 5.7x |
| Mon, 01 Apr 2024 | ₹1.6t | ₹268.5b | ₹45.4b | 35.5x | 35.2x | 6x |
| Wed, 28 Feb 2024 | ₹1.6t | ₹268.5b | ₹45.4b | 33.9x | 34.8x | 5.9x |
| Fri, 26 Jan 2024 | ₹1.5t | ₹264.6b | ₹43.8b | 31.1x | 33.2x | 5.5x |
| Sun, 24 Dec 2023 | ₹1.2t | ₹254.7b | ₹39.5b | 34.9x | 30.7x | 4.8x |
| Tue, 21 Nov 2023 | ₹1.1t | ₹254.7b | ₹39.5b | 31.1x | 29x | 4.5x |
| Thu, 19 Oct 2023 | ₹1.1t | ₹245.4b | ₹37.0b | 34.6x | 30.4x | 4.6x |
| Sat, 16 Sep 2023 | ₹1.1t | ₹240.1b | ₹36.7b | 32.5x | 29.6x | 4.5x |
| Mon, 14 Aug 2023 | ₹1.0t | ₹239.9b | ₹36.7b | 30.6x | 28.2x | 4.3x |
| Wed, 12 Jul 2023 | ₹954.2b | ₹230.1b | ₹34.4b | 30.4x | 27.7x | 4.1x |
| Fri, 09 Jun 2023 | ₹872.4b | ₹227.5b | ₹33.8b | 26.2x | 25.8x | 3.8x |
| Sun, 07 May 2023 | ₹809.5b | ₹223.3b | ₹33.4b | 29.1x | 24.2x | 3.6x |
| Tue, 04 Apr 2023 | ₹743.1b | ₹218.4b | ₹33.2b | 25x | 22.4x | 3.4x |
Price to Earnings Ratio
22.4x
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 25.9x 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 | -1.72% | |
| Tech | -0.05% | |
| Software | -1.33% | |
| Application Software | -0.76% | |
| Systems Software | -2.56% | |
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 | ₹6.94k | 5.6% +₹31.8b | -11.5% | PE24.8x | |
| CAPILLARY Capillary Technologies India | ₹512.85 | 1.1% +₹481.2m | n/a | PE184.5x | |
| 532344 Madala Holdings | ₹193.90 | 4.8% +₹129.9m | -19.8% | PE23.8x | |
| DRCSYSTEMS DRC Systems India | ₹13.63 | 3.3% +₹62.0m | -54.6% | PE10.6x | |
| 543578 Olatech Solutions | ₹140.80 | 10.6% +₹60.3m | -42.5% | PE18.6x |
