Narrative Update • Jun 05
Have your own idea? Try our Stock Screener
- 7D2.1%
- 3M3.7%
- 1Y-36.3%
- YTDn/a
In the last week, the Systems Software industry is up 2.1%, with Newgen Software Technologies up 10%. In contrast, the industry has lost 36% in the last 12 months. Earnings are forecast to grow by 17% annually.
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 |
|---|---|---|---|---|---|---|
| Sun, 07 Jun 2026 | ₹732.6b | ₹195.7b | ₹22.3b | 34.2x | 32.9x | 3.7x |
| Tue, 05 May 2026 | ₹727.4b | ₹193.9b | ₹22.7b | 37x | 32.1x | 3.8x |
| Thu, 02 Apr 2026 | ₹672.1b | ₹192.4b | ₹22.2b | 33.6x | 30.2x | 3.5x |
| Sat, 28 Feb 2026 | ₹753.8b | ₹192.4b | ₹22.2b | 36.3x | 33.9x | 3.9x |
| Mon, 26 Jan 2026 | ₹925.3b | ₹190.7b | ₹22.8b | 40.1x | 40.7x | 4.9x |
| Wed, 24 Dec 2025 | ₹1.0t | ₹190.4b | ₹23.9b | 41.2x | 42.9x | 5.4x |
| Fri, 21 Nov 2025 | ₹1.0t | ₹190.4b | ₹23.9b | 39.5x | 42.2x | 5.3x |
| Sun, 19 Oct 2025 | ₹983.6b | ₹188.6b | ₹23.7b | 39.4x | 41.5x | 5.2x |
| Tue, 16 Sep 2025 | ₹1.0t | ₹188.6b | ₹24.4b | 40.6x | 42.3x | 5.5x |
| Thu, 14 Aug 2025 | ₹988.1b | ₹188.6b | ₹24.4b | 39.4x | 40.5x | 5.2x |
| Sat, 12 Jul 2025 | ₹1.1t | ₹187.0b | ₹25.2b | 48.7x | 43.1x | 5.8x |
| Mon, 09 Jun 2025 | ₹1.1t | ₹187.0b | ₹25.2b | 47x | 45.4x | 6.1x |
| Wed, 07 May 2025 | ₹1.0t | ₹186.6b | ₹24.6b | 45.2x | 41.8x | 5.5x |
| Fri, 04 Apr 2025 | ₹981.3b | ₹184.0b | ₹24.0b | 43.3x | 40.8x | 5.3x |
| Sun, 02 Mar 2025 | ₹989.0b | ₹184.0b | ₹24.0b | 42.3x | 41.1x | 5.4x |
| Tue, 28 Jan 2025 | ₹1.1t | ₹181.3b | ₹23.3b | 47.8x | 48.5x | 6.2x |
| Thu, 26 Dec 2024 | ₹1.3t | ₹180.5b | ₹23.2b | 53.4x | 56.8x | 7.3x |
| Sat, 23 Nov 2024 | ₹1.2t | ₹180.9b | ₹23.2b | 50.2x | 50.8x | 6.5x |
| Mon, 21 Oct 2024 | ₹1.4t | ₹177.1b | ₹19.7b | 60.4x | 70.8x | 7.9x |
| Wed, 18 Sep 2024 | ₹1.4t | ₹175.7b | ₹19.3b | 63.9x | 73.8x | 8.1x |
| Fri, 16 Aug 2024 | ₹1.3t | ₹175.9b | ₹19.2b | 54x | 68.4x | 7.5x |
| Sun, 14 Jul 2024 | ₹1.4t | ₹171.5b | ₹17.8b | 56.4x | 79x | 8.2x |
| Tue, 11 Jun 2024 | ₹1.3t | ₹170.6b | ₹17.8b | 61x | 70.9x | 7.4x |
| Thu, 09 May 2024 | ₹1.2t | ₹169.3b | ₹18.3b | 56.5x | 67.8x | 7.3x |
| Sat, 06 Apr 2024 | ₹1.3t | ₹163.6b | ₹16.6b | 59.3x | 78.1x | 7.9x |
| Mon, 04 Mar 2024 | ₹1.3t | ₹163.5b | ₹16.6b | 57x | 79.7x | 8.1x |
| Wed, 31 Jan 2024 | ₹1.3t | ₹159.8b | ₹16.2b | 52.2x | 79.4x | 8.1x |
| Fri, 29 Dec 2023 | ₹1.3t | ₹156.4b | ₹13.9b | 52.4x | 94.5x | 8.4x |
| Sun, 26 Nov 2023 | ₹1.2t | ₹156.4b | ₹13.9b | 44.2x | 88.4x | 7.9x |
| Tue, 24 Oct 2023 | ₹1.2t | ₹218.7b | ₹22.4b | 41.6x | 54.3x | 5.6x |
| Thu, 21 Sep 2023 | ₹1.2t | ₹213.1b | ₹20.9b | 38.3x | 56.4x | 5.5x |
| Sat, 19 Aug 2023 | ₹1.2t | ₹213.1b | ₹20.9b | 35.8x | 55.1x | 5.4x |
| Mon, 17 Jul 2023 | ₹1.1t | ₹201.2b | ₹19.8b | 63.8x | 56.8x | 5.6x |
| Wed, 14 Jun 2023 | ₹1.1t | ₹201.2b | ₹19.8b | 64.7x | 56.6x | 5.6x |
Price to Earnings Ratio
56.6x
Current Industry PE
- Investors are pessimistic on the Indian Systems 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 32.9x which is lower than its 3-year average PE of 55.8x.
- The 3-year average PS ratio of 6.2x is higher than the industry's current PS ratio of 3.7x.
Past Earnings Growth
- The earnings for companies in the Systems Software industry have grown 4.0% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Comparison
How does Indian Systems Software compare with similar industries?
| IN Market | -0.83% | |
| Tech | 0.053% | |
| Software | 1.02% | |
| Systems Software | 2.12% | |
| Application Software | 0.60% | |
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 | |
|---|---|---|---|---|---|
| NEWGEN Newgen Software Technologies | ₹489.05 | 10.5% +₹6.5b | -60.4% | PE22.9x | |
| RAMCOSYS Ramco Systems | ₹562.25 | 23.6% +₹4.0b | 21.9% | PE50.5x | |
| BSOFT Birlasoft | ₹327.80 | 2.6% +₹2.4b | -20.3% | PE17.7x | |
| KPITTECH KPIT Technologies | ₹777.80 | 0.8% +₹1.6b | -41.0% | PE33.2x | |
| 500408 Tata Elxsi | ₹4.30k | 0.3% +₹847.2m | -33.5% | PE42.6x |
