Indian (NIFTY) Electric Utilities Industry Analysis
UpdatedNov 28, 2022
DataAggregated Company Financials
Companies10
- 7D-5.7%
- 3M-17.9%
- 1Y19.4%
- YTD26.6%
Over the last 7 days, the Electric Utilities industry has dropped 5.7%, driven by Adani Transmission declining 12%. In contrast, Torrent Power has gained 6.7%. In the past year, the industry has gained 19%. Looking forward, earnings are forecast to grow by 18% annually.
Industry Valuation and Performance
Has the Indian Electric Utilities Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 28 Nov 2022 | ₹6.0t | ₹1.7t | ₹216.8b | 24x | 27.6x | 3.6x |
| Wed, 26 Oct 2022 | ₹6.4t | ₹1.6t | ₹207.8b | 27.3x | 30.8x | 4.1x |
| Fri, 23 Sep 2022 | ₹7.4t | ₹1.6t | ₹207.8b | 28.7x | 35.5x | 4.7x |
| Sun, 21 Aug 2022 | ₹7.0t | ₹1.6t | ₹207.8b | 28.8x | 33.9x | 4.5x |
| Tue, 19 Jul 2022 | ₹6.0t | ₹1.5t | ₹222.2b | 28.5x | 27x | 4.1x |
| Thu, 16 Jun 2022 | ₹5.1t | ₹1.5t | ₹224.5b | 28.1x | 22.8x | 3.5x |
| Sat, 14 May 2022 | ₹5.4t | ₹1.5t | ₹228.2b | 31x | 23.5x | 3.7x |
| Mon, 11 Apr 2022 | ₹5.9t | ₹1.4t | ₹228.2b | 19.5x | 26.1x | 4.2x |
| Wed, 09 Mar 2022 | ₹5.2t | ₹1.4t | ₹228.2b | 16.8x | 22.7x | 3.6x |
| Fri, 04 Feb 2022 | ₹5.1t | ₹1.4t | ₹228.8b | 25.9x | 22.5x | 3.7x |
| Sun, 02 Jan 2022 | ₹4.7t | ₹1.4t | ₹228.9b | 31.7x | 20.5x | 3.4x |
| Tue, 30 Nov 2021 | ₹4.8t | ₹1.4t | ₹228.9b | 19.9x | 20.9x | 3.5x |
| Thu, 28 Oct 2021 | ₹4.7t | ₹1.3t | ₹224.2b | 23x | 20.9x | 3.5x |
| Sat, 25 Sep 2021 | ₹3.9t | ₹1.3t | ₹224.2b | 22.3x | 17.6x | 2.9x |
| Mon, 23 Aug 2021 | ₹3.4t | ₹1.3t | ₹224.2b | 21.6x | 15.4x | 2.6x |
| Sat, 10 Jul 2021 | ₹3.3t | ₹1.3t | ₹224.2b | 21.5x | 14.8x | 2.5x |
| Fri, 02 Apr 2021 | ₹2.9t | ₹1.3t | ₹181.2b | 20.1x | 16.2x | 2.3x |
| Mon, 04 Jan 2021 | ₹2.1t | ₹1.2t | ₹169.4b | 19.1x | 12.6x | 1.8x |
| Thu, 08 Oct 2020 | ₹1.7t | ₹1.2t | ₹164.0b | 13.2x | 10.3x | 1.4x |
| Wed, 01 Jul 2020 | ₹1.7t | ₹1.2t | ₹172.7b | 9.3x | 10x | 1.4x |
| Sat, 04 Apr 2020 | ₹1.5t | ₹1.3t | ₹179.7b | 7.5x | 8.1x | 1.1x |
| Tue, 07 Jan 2020 | ₹1.9t | ₹1.3t | ₹144.7b | 10.9x | 13.3x | 1.5x |
Price to Earnings Ratio
14.2x
Current Industry PE
- Investors are optimistic on the Indian Electric Utilities industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 27.6x which is higher than its 3-year average PE of 17.8x.
- The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 3.6x.
Past Earnings Growth
- The earnings for companies in the Electric Utilities industry have grown 17% per year over the last three years.
- Revenues for these companies have grown 10% 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 Market | 0.87% | |
| Utilities | -1.89% | |
| Electric Utilities | -5.67% | |
| Electric Utilities | -5.67% | |
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 | |
|---|---|---|---|---|---|
| TORNTPOWER Torrent Power | ₹546.50 | 6.7% +₹16.5b | 1.6% | PE30.4x | |
| 532898 Power Grid Corporation of India | ₹220.55 | 1.1% +₹16.0b | 9.3% | PE10.3x | |
| SJVN SJVN | ₹38.85 | 9.3% +₹13.0b | 38.3% | PE11.8x | |
| 500400 Tata Power | ₹224.15 | 1.7% +₹12.0b | -1.4% | PE24x | |
| CESC CESC | ₹74.45 | 3.0% +₹2.9b | -16.1% | PE7.3x |