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Indian (NIFTY) Application Software Industry Analysis
UpdatedJun 08, 2025
DataAggregated Company Financials
Companies60
- 7D1.8%
- 3M15.3%
- 1Y-0.9%
- YTDn/a
Over the last 7 days, the Application Software industry has risen 1.8%, driven by gains from Oracle Financial Services Software of 4.0%. The industry has been flat over the past 12 months despite the gain this week. 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 |
|---|---|---|---|---|---|---|
| Sun, 08 Jun 2025 | ₹1.7t | ₹298.5b | ₹46.2b | 31.8x | 36.4x | 5.6x |
| Tue, 06 May 2025 | ₹1.6t | ₹290.9b | ₹42.4b | 26.6x | 36.6x | 5.3x |
| Thu, 03 Apr 2025 | ₹1.5t | ₹289.0b | ₹40.5b | 26.1x | 36.4x | 5.1x |
| Sat, 01 Mar 2025 | ₹1.5t | ₹289.0b | ₹40.4b | 25.6x | 35.9x | 5x |
| Mon, 27 Jan 2025 | ₹1.8t | ₹284.3b | ₹41.9b | 32.4x | 42.9x | 6.3x |
| Wed, 25 Dec 2024 | ₹2.1t | ₹285.1b | ₹44.3b | 36.3x | 47.4x | 7.4x |
| Fri, 22 Nov 2024 | ₹1.9t | ₹286.1b | ₹47.3b | 24.8x | 39.6x | 6.6x |
| Sun, 20 Oct 2024 | ₹2.0t | ₹277.6b | ₹47.2b | 33.4x | 41.7x | 7.1x |
| Tue, 17 Sep 2024 | ₹2.1t | ₹277.1b | ₹47.3b | 33.3x | 43.8x | 7.5x |
| Thu, 15 Aug 2024 | ₹1.9t | ₹276.7b | ₹47.2b | 34.8x | 39.6x | 6.8x |
| Sat, 13 Jul 2024 | ₹1.9t | ₹267.8b | ₹46.6b | 34x | 41.1x | 7.2x |
| Mon, 10 Jun 2024 | ₹1.6t | ₹267.2b | ₹46.4b | 27.5x | 34.1x | 5.9x |
| Wed, 08 May 2024 | ₹1.5t | ₹272.1b | ₹46.4b | 32.9x | 32.8x | 5.6x |
| Fri, 05 Apr 2024 | ₹1.7t | ₹268.5b | ₹45.4b | 35.7x | 36.4x | 6.2x |
| Sun, 03 Mar 2024 | ₹1.6t | ₹268.5b | ₹45.4b | 32.6x | 34.6x | 5.9x |
| Tue, 30 Jan 2024 | ₹1.4t | ₹265.5b | ₹44.1b | 28.3x | 32.6x | 5.4x |
| Thu, 28 Dec 2023 | ₹1.2t | ₹254.7b | ₹39.4b | 35x | 30.9x | 4.8x |
| Sat, 25 Nov 2023 | ₹1.1t | ₹254.7b | ₹39.5b | 31.1x | 28.9x | 4.5x |
| Mon, 23 Oct 2023 | ₹1.1t | ₹247.8b | ₹37.3b | 34.2x | 29.7x | 4.5x |
| Wed, 20 Sep 2023 | ₹1.1t | ₹240.1b | ₹36.7b | 33.3x | 29.6x | 4.5x |
| Fri, 18 Aug 2023 | ₹1.1t | ₹240.0b | ₹36.7b | 35.3x | 29.1x | 4.4x |
| Sun, 16 Jul 2023 | ₹1.0t | ₹230.1b | ₹34.5b | 31x | 29.2x | 4.4x |
| Tue, 13 Jun 2023 | ₹883.3b | ₹227.5b | ₹33.9b | 27.1x | 26.1x | 3.9x |
| Thu, 11 May 2023 | ₹797.6b | ₹223.3b | ₹33.4b | 28.8x | 23.9x | 3.6x |
| Sat, 08 Apr 2023 | ₹745.5b | ₹218.4b | ₹33.2b | 26.4x | 22.5x | 3.4x |
| Mon, 06 Mar 2023 | ₹759.7b | ₹218.4b | ₹33.2b | 26.2x | 22.9x | 3.5x |
| Wed, 01 Feb 2023 | ₹801.7b | ₹223.1b | ₹32.9b | 28.6x | 24.4x | 3.6x |
| Fri, 30 Dec 2022 | ₹783.5b | ₹213.5b | ₹32.5b | 32.2x | 24.1x | 3.7x |
| Sun, 27 Nov 2022 | ₹736.6b | ₹205.2b | ₹32.1b | 34.7x | 22.9x | 3.6x |
| Tue, 25 Oct 2022 | ₹744.2b | ₹202.6b | ₹32.6b | 41.9x | 22.8x | 3.7x |
| Thu, 22 Sep 2022 | ₹773.0b | ₹196.9b | ₹33.1b | 43.2x | 23.3x | 3.9x |
| Sat, 20 Aug 2022 | ₹808.7b | ₹196.8b | ₹33.1b | 39x | 24.4x | 4.1x |
| Mon, 18 Jul 2022 | ₹865.3b | ₹230.4b | ₹37.8b | 35.7x | 22.9x | 3.8x |
| Wed, 15 Jun 2022 | ₹899.7b | ₹232.6b | ₹38.3b | 33.2x | 23.5x | 3.9x |
Price to Earnings Ratio
23.5x
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 36.4x which is higher than its 3-year average PE of 31.5x.
- The 3-year average PS ratio of 5.0x is lower than the industry's current PS ratio of 5.6x.
Past Earnings Growth
- The earnings for companies in the Application Software industry have grown 6.4% per year over the last three years.
- Revenues for these companies have grown 8.7% 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 | 1.48% | |
| Tech | -0.59% | |
| Software | 1.25% | |
| Application Software | 1.85% | |
| Systems Software | 0.40% | |
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 | ₹8.79k | 4.0% +₹29.2b | 4.7% | PE32.1x | |
| ROUTE Route Mobile | ₹1.02k | 7.6% +₹4.5b | -31.7% | PE20.2x | |
| AURIONPRO Aurionpro Solutions | ₹1.35k | 1.8% +₹1.3b | 23.0% | PE39.1x | |
| 532408 Megasoft | ₹93.19 | 10.7% +₹664.7m | 35.8% | PS16.5x | |
| UNIECOM Unicommerce eSolutions | ₹139.96 | 4.5% +₹618.5m | n/a | PE84x |
