Header cover image

Indian (NIFTY) Utilities Sector Analysis

UpdatedDec 01, 2022
DataAggregated Company Financials
Companies47
  • 7D1.7%
  • 3M-8.1%
  • 1Y47.9%
  • YTD47.1%

Over the last 7 days, the Utilities industry has risen 1.7%, driven by gains from Adani Green Energy of 3.9%. This means that the industry has gained 48% over the past year. Looking forward, earnings are forecast to grow by 24% annually.

Sector Valuation and Performance

Has the Indian Utilities Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 Dec 2022₹19.4t₹6.3t₹743.3b16x26x3.1x
Sat, 29 Oct 2022₹16.1t₹5.8t₹732.3b14.6x22x2.8x
Mon, 26 Sep 2022₹16.8t₹5.8t₹731.6b16.8x22.9x2.9x
Wed, 24 Aug 2022₹16.5t₹5.8t₹731.6b15.6x22.6x2.9x
Fri, 22 Jul 2022₹14.4t₹5.1t₹676.5b16.7x21.3x2.8x
Sun, 19 Jun 2022₹12.0t₹5.1t₹690.7b14x17.3x2.3x
Tue, 17 May 2022₹13.1t₹4.9t₹673.6b18.3x19.5x2.7x
Thu, 14 Apr 2022₹14.0t₹4.8t₹617.8b18.2x22.7x2.9x
Sat, 12 Mar 2022₹11.6t₹4.8t₹617.8b18.3x18.8x2.4x
Mon, 07 Feb 2022₹11.8t₹4.6t₹604.0b28.4x19.5x2.6x
Wed, 05 Jan 2022₹11.2t₹4.5t₹590.2b28.5x19x2.5x
Fri, 03 Dec 2021₹11.2t₹4.5t₹590.2b21.3x19x2.5x
Sun, 31 Oct 2021₹10.7t₹4.4t₹538.3b18.6x19.8x2.4x
Tue, 28 Sep 2021₹10.1t₹4.4t₹591.5b18.1x17x2.3x
Thu, 26 Aug 2021₹9.2t₹4.4t₹591.4b16x15.6x2.1x
Fri, 02 Jul 2021₹8.7t₹4.4t₹591.4b18.4x14.7x2x
Mon, 05 Apr 2021₹7.5t₹4.1t₹504.8b15x14.9x1.8x
Thu, 07 Jan 2021₹7.2t₹4.1t₹424.7b10x17.1x1.8x
Wed, 30 Sep 2020₹5.5t₹4.1t₹388.4b8.7x14.3x1.3x
Sat, 04 Jul 2020₹5.2t₹4.1t₹382.8b8.8x13.5x1.2x
Tue, 07 Apr 2020₹4.1t₹4.3t₹410.0b7x9.9x0.9x
Fri, 10 Jan 2020₹5.5t₹4.2t₹398.6b9x13.8x1.3x
Price to Earnings Ratio

14.1x


Total Market Cap: ₹5.4tTotal Earnings: ₹384.9bTotal Revenue: ₹4.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Utilities Sector Price to Earnings3Y Average 17x202020212022
Current Industry PE
  • Investors are optimistic on the Indian Utilities industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 26.0x which is higher than its 3-year average PE of 17.0x.
  • The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 3.1x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 25% per year over the last three years.
  • Revenues for these companies have grown 14% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Indian Utilities sector?

IN Market2.49%
Utilities1.72%
Water Utilities12.57%
Renewable Energy3.01%
Electric Utilities2.81%
Other Utilities0%
Gas Utilities-1.22%
Industry PE
  • Investors are most optimistic about the Gas Utilities industry which is trading above its 3-year average PE ratio of 18.8x.
    • Analysts are expecting annual earnings growth of 8.9%, which is higher than its past year's earnings decline of 11.0% per year.
  • Investors are most pessimistic about the Water Utilities industry, which is trading close to its 3-year average of 12.7x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 34% over the next 5 years.
  • However this is lower than its past earnings growth rate of 57% per year.
  • In contrast, the Gas Utilities industry is expected to see its earnings grow by 8.9% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ADANIGREEN Adani Green Energy₹2.12k3.9%
+₹126.7b
59.3%PE792.6x
539254 Adani Transmission₹2.93k2.5%
+₹80.3b
62.2%PE492.5x
532898 Power Grid Corporation of India₹224.004.1%
+₹61.7b
8.2%PE10.5x
NTPC NTPC₹172.202.5%
+₹40.2b
34.8%PE9.9x
ADANIPOWER Adani Power₹332.752.1%
+₹26.2b
228.6%PE14x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

532514

₹433.95

Indraprastha Gas

7D

4.2%

1Y

-12.9%

539686

₹397.75

K.P. Energy

7D

-3.9%

1Y

200.5%

GAIL

₹93.65

GAIL (India)

7D

1.7%

1Y

6.7%

ADANIGREEN

₹2,113.55

Adani Green Energy

7D

3.5%

1Y

57.5%

539254

₹2,832.45

Adani Transmission

7D

1.5%

1Y

50.3%

533148

₹309.85

JSW Energy

7D

3.1%

1Y

-2.3%

533098

₹42.05

NHPC

7D

-3.2%

1Y

30.4%

513683

₹83.40

NLC India

7D

-0.2%

1Y

41.6%

512329

₹474.05

Kintech Renewables

7D

-10.4%

1Y

33.2%

500400

₹224.85

Tata Power

7D

1.9%

1Y

-0.7%

ADANIPOWER

₹330.40

Adani Power

7D

1.7%

1Y

224.7%

532219

₹19.50

Energy Development

7D

-2.0%

1Y

15.0%

523222

₹6.30

SRM Energy

7D

-8.2%

1Y

34.3%

ATGL

₹3,612.40

Adani Total Gas

7D

-3.2%

1Y

117.9%

526025

₹28.80

Globus Power Generation

7D

-2.0%

1Y

-58.1%