Header cover image

Indian (NIFTY) Electric Utilities Industry Analysis

UpdatedAug 07, 2026
DataAggregated Company Financials
Companies11
  • 7D-2.9%
  • 3M-6.8%
  • 1Y10.3%
  • YTD10.6%

Over the last 7 days, the Electric Utilities industry has dropped 1.1%, driven by Power Grid Corporation of India declining 5.2%. This takes the industry's 12 month performance to a gain of 13%. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

Has the Indian Electric Utilities Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 07 Aug 2026₹7.1t₹2.2t₹305.1b31.5x23.3x3.2x
Sun, 05 Jul 2026₹7.4t₹2.2t₹299.2b37.6x24.6x3.3x
Tue, 02 Jun 2026₹7.3t₹2.2t₹298.8b35.9x24.6x3.4x
Thu, 30 Apr 2026₹7.8t₹2.2t₹335.4b38x23.2x3.6x
Sat, 28 Mar 2026₹6.5t₹2.2t₹335.1b32.5x19.3x3x
Mon, 23 Feb 2026₹6.7t₹2.2t₹335.1b31.8x20x3.1x
Wed, 21 Jan 2026₹5.9t₹2.2t₹299.3b27.9x19.8x2.7x
Fri, 19 Dec 2025₹6.1t₹2.2t₹299.3b29.6x20.5x2.8x
Sun, 16 Nov 2025₹6.5t₹2.2t₹299.3b30.6x21.6x3x
Tue, 14 Oct 2025₹6.5t₹2.1t₹322.9b30.8x20.2x3x
Thu, 11 Sep 2025₹6.3t₹2.1t₹322.9b30.4x19.6x3x
Sat, 09 Aug 2025₹6.3t₹2.1t₹324.2b29.8x19.6x3x
Mon, 07 Jul 2025₹6.7t₹2.1t₹310.9b32.3x21.7x3.1x
Wed, 04 Jun 2025₹6.6t₹2.1t₹310.2b31.2x21.2x3.1x
Fri, 02 May 2025₹6.8t₹2.1t₹258.2b32.9x26.3x3.2x
Sun, 30 Mar 2025₹6.5t₹2.1t₹255.4b31.8x25.5x3.1x
Tue, 25 Feb 2025₹5.8t₹2.1t₹255.4b29.6x22.7x2.7x
Thu, 23 Jan 2025₹6.4t₹2.1t₹282.5b32.3x22.7x3.1x
Sat, 21 Dec 2024₹6.9t₹2.1t₹282.7b34.2x24.2x3.3x
Mon, 18 Nov 2024₹6.9t₹2.1t₹282.7b34.5x24.4x3.3x
Wed, 16 Oct 2024₹7.7t₹2.0t₹229.1b40.6x33.7x3.8x
Fri, 13 Sep 2024₹7.6t₹2.0t₹229.1b37.1x33.2x3.7x
Sun, 11 Aug 2024₹7.8t₹2.0t₹223.8b36.9x34.7x3.9x
Tue, 09 Jul 2024₹7.4t₹2.0t₹232.2b38.6x31.8x3.8x
Thu, 06 Jun 2024₹6.8t₹2.0t₹232.1b37.1x29.1x3.4x
Sat, 04 May 2024₹7.2t₹1.9t₹208.5b39.6x34.5x3.8x
Mon, 01 Apr 2024₹6.5t₹1.9t₹208.6b35.2x31.3x3.4x
Wed, 28 Feb 2024₹6.6t₹1.9t₹208.6b31.7x31.7x3.5x
Fri, 26 Jan 2024₹6.0t₹1.9t₹212.7b29.4x28.1x3.2x
Sun, 24 Dec 2023₹5.5t₹1.9t₹213.1b27x25.7x2.9x
Tue, 21 Nov 2023₹4.6t₹1.9t₹213.2b23.6x21.6x2.5x
Thu, 19 Oct 2023₹4.5t₹1.8t₹212.0b23x21.3x2.5x
Sat, 16 Sep 2023₹4.6t₹1.8t₹212.1b20.1x21.5x2.5x
Mon, 14 Aug 2023₹4.2t₹1.8t₹212.1b19.9x19.7x2.3x
Price to Earnings Ratio

19.7x


Total Market Cap: ₹4.2tTotal Earnings: ₹212.1bTotal Revenue: ₹1.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Electric Utilities Industry Price to Earnings3Y Average 25x202420252026
Current Industry PE
  • Investors are relatively neutral on the Indian Electric Utilities industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 25.0x.
  • The industry is trading close to its 3-year average PS ratio of 3.2x.
Past Earnings Growth
  • The earnings for companies in the Electric Utilities industry have grown 13% per year over the last three years.
  • Revenues for these companies have grown 6.9% 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 industry?

IN Market1.87%
Utilities-0.26%
Electric Utilities-2.94%
Electric Utilities-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?

CompanyLast Price7D1YValuation
500390 Reliance Infrastructure₹76.2726.2%
+₹6.5b
-72.1%PE1.1x
BAJEL Bajel Projects₹194.3410.4%
+₹2.1b
-18.0%PE110.9x
500400 Tata Power₹381.000.1%
+₹1.3b
0.5%PE31.5x
DPSCLTD India Power₹7.433.1%
+₹214.2m
-37.9%PE56.5x
523222 SRM Energy₹22.791.2%
+₹2.5m
97.7%PE3.9x

Latest News