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Indian (NIFTY) Application Software Industry Analysis
UpdatedMay 28, 2022
DataAggregated Company Financials
Companies58
- 7D-0.9%
- 3M-10.2%
- 1Y-3.1%
- YTD-27.1%
Last week, the Application Software industry hasn't moved much but Tanla Platforms is up 9.0% in that time. As for the longer term, the industry has declined 3.1% in the last year. Looking forward, earnings are forecast to grow by 20% annually.
Industry Valuation and Performance
Has the Indian Application Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sun, 29 May 2022 | ₹907.8b | ₹229.9b | ₹37.7b | 27x |
| Tue, 26 Apr 2022 | ₹1.1t | ₹220.0b | ₹34.9b | 36.9x |
| Thu, 24 Mar 2022 | ₹1.1t | ₹219.7b | ₹35.0b | 36x |
| Sat, 19 Feb 2022 | ₹1.1t | ₹219.7b | ₹35.0b | 35.5x |
| Mon, 17 Jan 2022 | ₹1.3t | ₹209.2b | ₹34.6b | 33.2x |
| Wed, 15 Dec 2021 | ₹1.1t | ₹205.0b | ₹34.2b | 27.8x |
| Fri, 12 Nov 2021 | ₹1.0t | ₹204.2b | ₹34.7b | 30.3x |
| Sun, 10 Oct 2021 | ₹1.0t | ₹197.6b | ₹56.3b | 31.6x |
| Tue, 07 Sep 2021 | ₹971.0b | ₹194.5b | ₹56.4b | 30.3x |
| Thu, 05 Aug 2021 | ₹968.2b | ₹194.5b | ₹56.4b | 28.9x |
| Sun, 09 May 2021 | ₹777.1b | ₹189.9b | ₹54.5b | 30.4x |
| Wed, 10 Feb 2021 | ₹615.9b | ₹200.2b | ₹48.6b | 13.6x |
| Tue, 03 Nov 2020 | ₹537.1b | ₹196.2b | ₹43.2b | 12.9x |
| Fri, 07 Aug 2020 | ₹387.3b | ₹184.1b | ₹17.2b | 9.7x |
| Thu, 30 Apr 2020 | ₹283.2b | ₹173.8b | ₹8.9b | 10.8x |
| Sun, 02 Feb 2020 | ₹384.4b | ₹183.4b | ₹13.2b | 13x |
| Wed, 06 Nov 2019 | ₹405.6b | ₹183.0b | ₹15.6b | 13.9x |
| Sat, 10 Aug 2019 | ₹436.9b | ₹181.8b | ₹16.8b | 15.5x |
Median PE Ratio
18x
Current Industry PE
- Investors are optimistic on the industry, and appear confident in long-term growth rates.
- The industry is trading at a PE ratio of 27.0x which is higher than its 3-year average PE of 20.5x.
Past Earnings Growth
- The earnings for companies in the Application Software industry have grown 18% per year over the last three years.
- Revenues for these companies have grown 8.5% 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 | -0.87% | |
| Tech | -0.75% | |
| Software | -1.73% | |
| Application Software | -0.95% | |
| Systems Software | -2.51% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 532790 Tanla Platforms | ₹1.28k | 9.0% +₹14.3b | 39.4% | PS32.3x | |
| 531489 CG-VAK Software and Exports | ₹288.40 | 9.5% +₹126.5m | 134.2% | PS18.7x | |
| 526544 Scanpoint Geomatics | ₹12.60 | -5.8% ₹79.2m | -14.9% | PS44.7x | |
| 539289 Aurum PropTech | ₹91.10 | 1.1% +₹28.6m | 19.2% | PS12.4x | |
| 532372 Virinchi | ₹35.35 | 1.0% +₹27.8m | 23.9% | PS19.6x |
