Newgen Software Technologies (NSE:NEWGEN) Is Increasing Its Dividend To ₹5.00
May 30
Indian (NIFTY) Systems Software Industry Analysis
UpdatedJun 01, 2023
DataAggregated Company Financials
Companies12
- 7D4.8%
- 3M23.9%
- 1Y13.6%
- YTD30.4%
Tata Elxsi is up 5.6%, leading the way for the Systems Software industry, which has gained 4.8%. This means that the industry has gained 14% over the past year. As for the next few years, earnings are expected to grow by 18% 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 |
|---|---|---|---|---|---|---|
| Thu, 01 Jun 2023 | ₹1.1t | ₹201.3b | ₹19.8b | 44.8x | 53.7x | 5.3x |
| Sat, 29 Apr 2023 | ₹935.9b | ₹197.5b | ₹19.8b | 37.8x | 47.3x | 4.7x |
| Mon, 27 Mar 2023 | ₹859.5b | ₹188.3b | ₹19.7b | 21.3x | 43.6x | 4.6x |
| Wed, 22 Feb 2023 | ₹887.2b | ₹188.3b | ₹19.7b | 23.3x | 45x | 4.7x |
| Fri, 20 Jan 2023 | ₹823.1b | ₹181.8b | ₹20.4b | 19.1x | 40.3x | 4.5x |
| Sun, 18 Dec 2022 | ₹831.5b | ₹176.9b | ₹20.1b | 19.5x | 41.3x | 4.7x |
| Tue, 15 Nov 2022 | ₹842.6b | ₹177.0b | ₹20.2b | 18.4x | 41.8x | 4.8x |
| Thu, 13 Oct 2022 | ₹932.0b | ₹168.9b | ₹20.1b | 18.1x | 46.4x | 5.5x |
| Sat, 10 Sep 2022 | ₹962.2b | ₹168.9b | ₹20.1b | 19x | 47.9x | 5.7x |
| Mon, 08 Aug 2022 | ₹978.4b | ₹169.0b | ₹20.1b | 20.6x | 48.7x | 5.8x |
| Wed, 06 Jul 2022 | ₹873.8b | ₹161.7b | ₹19.5b | 19.6x | 44.9x | 5.4x |
| Fri, 03 Jun 2022 | ₹937.3b | ₹161.8b | ₹19.5b | 17.7x | 48.1x | 5.8x |
| Sun, 01 May 2022 | ₹920.2b | ₹159.5b | ₹22.6b | 19.1x | 40.7x | 5.8x |
| Tue, 29 Mar 2022 | ₹1.0t | ₹155.7b | ₹21.4b | 21x | 47.6x | 6.5x |
| Thu, 24 Feb 2022 | ₹850.1b | ₹155.7b | ₹21.4b | 19.4x | 39.8x | 5.5x |
| Sat, 22 Jan 2022 | ₹968.4b | ₹153.1b | ₹21.4b | 27x | 45.3x | 6.3x |
| Mon, 20 Dec 2021 | ₹833.2b | ₹150.3b | ₹20.4b | 29.8x | 40.8x | 5.5x |
| Wed, 17 Nov 2021 | ₹849.2b | ₹150.3b | ₹20.4b | 27.3x | 41.6x | 5.6x |
| Fri, 15 Oct 2021 | ₹821.8b | ₹144.2b | ₹19.1b | 31.5x | 43.1x | 5.7x |
| Sun, 12 Sep 2021 | ₹712.9b | ₹144.2b | ₹19.1b | 29.5x | 37.4x | 4.9x |
| Tue, 10 Aug 2021 | ₹659.6b | ₹144.2b | ₹19.0b | 30.1x | 34.8x | 4.6x |
| Mon, 03 May 2021 | ₹486.7b | ₹140.3b | ₹17.4b | 21.1x | 28x | 3.5x |
| Thu, 04 Feb 2021 | ₹408.0b | ₹142.9b | ₹13.4b | 21.8x | 30.4x | 2.9x |
| Sun, 08 Nov 2020 | ₹265.4b | ₹142.7b | ₹12.8b | 18.4x | 20.7x | 1.9x |
| Sat, 01 Aug 2020 | ₹176.3b | ₹144.0b | ₹12.1b | 13.9x | 14.6x | 1.2x |
Price to Earnings Ratio
11.1x
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 53.7x which is higher than its 3-year average PE of 36.2x.
- The 3-year average PS ratio of 4.3x is lower than the industry's current PS ratio of 5.3x.
Past Earnings Growth
- The earnings for companies in the Systems Software industry have grown 20% per year over the last three years.
- Revenues for these companies have grown 12% 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 Systems Software compare with similar industries?
| IN Market | 1.48% | |
| Tech | 1.25% | |
| Software | 3.96% | |
| Systems Software | 4.80% | |
| Application Software | 2.94% | |
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 | |
|---|---|---|---|---|---|
| 500408 Tata Elxsi | ₹7.42k | 5.6% +₹24.4b | -13.7% | PE61.2x | |
| KPITTECH KPIT Technologies | ₹1.06k | 8.5% +₹22.5b | 95.5% | PE75.4x | |
| BSOFT Birlasoft | ₹343.50 | 3.8% +₹3.5b | -6.7% | PE28.5x | |
| NEWGEN Newgen Software Technologies | ₹637.80 | 3.4% +₹1.5b | 64.2% | PE25.2x | |
| QUICKHEAL Quick Heal Technologies | ₹141.05 | 1.3% +₹95.5m | -17.6% | PE117x |