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Apr 15
Indian (NIFTY) Systems Software Industry Analysis
UpdatedApr 15, 2024
DataAggregated Company Financials
Companies12
- 7D-2.7%
- 3M-7.5%
- 1Y64.2%
- YTDn/a
Over the last 7 days, the Systems Software industry has dropped 1.9%, driven by Tata Elxsi declining 3.7%. On the other hand Ramco Systems is actually up 35%. Over the past 12 months, the industry was up 66%. As for the next few years, earnings are expected to grow by 20% per annum.
Industry Valuation and Performance
Has the Indian Systems Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 15 Apr 2024 | ₹1.3t | ₹163.6b | ₹16.6b | 58x | 76x | 7.7x |
| Wed, 13 Mar 2024 | ₹1.3t | ₹163.5b | ₹16.6b | 55.5x | 75.4x | 7.7x |
| Fri, 09 Feb 2024 | ₹1.4t | ₹163.5b | ₹16.6b | 49.9x | 81.7x | 8.3x |
| Sun, 07 Jan 2024 | ₹1.3t | ₹156.4b | ₹13.9b | 53.3x | 94.5x | 8.4x |
| Tue, 05 Dec 2023 | ₹1.3t | ₹156.4b | ₹13.9b | 47.8x | 90.5x | 8.1x |
| Thu, 02 Nov 2023 | ₹1.3t | ₹220.0b | ₹21.7b | 41.8x | 58.2x | 5.7x |
| Sat, 30 Sep 2023 | ₹1.2t | ₹213.1b | ₹20.9b | 38.2x | 57x | 5.6x |
| Mon, 28 Aug 2023 | ₹1.2t | ₹213.1b | ₹20.9b | 38.3x | 56.6x | 5.6x |
| Wed, 26 Jul 2023 | ₹1.1t | ₹203.1b | ₹19.9b | 45.4x | 55.5x | 5.4x |
| Fri, 23 Jun 2023 | ₹1.1t | ₹201.2b | ₹19.8b | 63.2x | 56.2x | 5.5x |
| Sun, 21 May 2023 | ₹1.0t | ₹201.1b | ₹19.8b | 43x | 50.7x | 5x |
| Tue, 18 Apr 2023 | ₹880.0b | ₹188.3b | ₹19.7b | 22.5x | 44.6x | 4.7x |
| Thu, 16 Mar 2023 | ₹852.6b | ₹188.3b | ₹19.7b | 21.6x | 43.2x | 4.5x |
| Sat, 11 Feb 2023 | ₹895.5b | ₹188.3b | ₹19.7b | 23.8x | 45.4x | 4.8x |
| Mon, 09 Jan 2023 | ₹809.2b | ₹176.9b | ₹20.2b | 18.7x | 40.1x | 4.6x |
| Wed, 07 Dec 2022 | ₹869.3b | ₹176.9b | ₹20.1b | 19.5x | 43.2x | 4.9x |
| Fri, 04 Nov 2022 | ₹844.8b | ₹177.1b | ₹20.2b | 18x | 41.8x | 4.8x |
| Sun, 02 Oct 2022 | ₹943.1b | ₹168.9b | ₹20.1b | 16.7x | 47x | 5.6x |
| Tue, 30 Aug 2022 | ₹951.6b | ₹168.9b | ₹20.1b | 18.5x | 47.4x | 5.6x |
| Thu, 28 Jul 2022 | ₹911.7b | ₹166.7b | ₹20.0b | 19.5x | 45.7x | 5.5x |
| Sat, 25 Jun 2022 | ₹865.2b | ₹161.7b | ₹19.5b | 20.2x | 44.4x | 5.4x |
| Mon, 23 May 2022 | ₹920.1b | ₹159.8b | ₹19.2b | 17.9x | 48x | 5.8x |
| Wed, 20 Apr 2022 | ₹913.3b | ₹155.7b | ₹21.4b | 19.8x | 42.7x | 5.9x |
| Fri, 18 Mar 2022 | ₹924.0b | ₹155.7b | ₹21.4b | 21x | 43.2x | 5.9x |
| Sun, 13 Feb 2022 | ₹928.4b | ₹156.2b | ₹21.8b | 22.5x | 42.6x | 5.9x |
| Tue, 11 Jan 2022 | ₹952.2b | ₹150.3b | ₹20.4b | 31.4x | 46.6x | 6.3x |
| Thu, 09 Dec 2021 | ₹843.4b | ₹150.3b | ₹20.4b | 28.9x | 41.3x | 5.6x |
| Sat, 06 Nov 2021 | ₹802.0b | ₹150.1b | ₹20.5b | 27.4x | 39x | 5.3x |
| Mon, 04 Oct 2021 | ₹769.2b | ₹144.2b | ₹19.1b | 28.9x | 40.3x | 5.3x |
| Wed, 01 Sep 2021 | ₹702.9b | ₹144.2b | ₹19.0b | 28.3x | 37.1x | 4.9x |
| Thu, 08 Jul 2021 | ₹646.3b | ₹144.2b | ₹19.0b | 29.2x | 34.1x | 4.5x |
Price to Earnings Ratio
28x
Current Industry PE
- Investors are optimistic on the Indian Systems Software industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 76.9x which is higher than its 3-year average PE of 50.4x.
- The 3-year average PS ratio of 5.6x is lower than the industry's current PS ratio of 7.8x.
Past Earnings Growth
- The earnings for companies in the Systems Software industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 5.3% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Comparison
How does Indian Systems Software compare with similar industries?
| IN Market | -0.034% | |
| Tech | -0.57% | |
| Software | -3.52% | |
| Systems Software | -2.70% | |
| Application Software | -4.17% | |
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 | |
|---|---|---|---|---|---|
| RAMCOSYS Ramco Systems | ₹396.35 | 36.1% +₹3.7b | 82.2% | PS2.7x | |
| 523151 Otco International | ₹7.34 | 4.6% +₹4.1m | 51.3% | PE58.2x |
