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  • IN Market
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  • Utilities

Indian (NIFTY) Electric Utilities Industry Analysis

UpdatedSep 10, 2026
DataAggregated Company Financials
Companies11
  • 7D1.2%
  • 3M-5.6%
  • 1Y5.5%
  • YTD4.8%

Adani Energy Solutions is up 1.9%, leading the way for the Electric Utilities industry, which has gained 1.9%. This means that the industry has gained 5.2% over the past year. Earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 10 Sep 2026₹6.7t₹2.2t₹310.1b29.3x21.7x3x
Sat, 08 Aug 2026₹7.1t₹2.2t₹305.1b31.5x23.4x3.2x
Mon, 06 Jul 2026₹7.4t₹2.2t₹299.2b37.6x24.6x3.3x
Wed, 03 Jun 2026₹7.2t₹2.2t₹298.8b35.4x24.3x3.3x
Fri, 01 May 2026₹7.7t₹2.2t₹335.4b37.4x22.8x3.5x
Sun, 29 Mar 2026₹6.5t₹2.2t₹335.1b32.5x19.3x3x
Tue, 24 Feb 2026₹6.7t₹2.2t₹335.1b31.9x20.1x3.1x
Thu, 22 Jan 2026₹5.9t₹2.2t₹298.8b27.5x19.8x2.7x
Sat, 20 Dec 2025₹6.2t₹2.2t₹299.3b30x20.9x2.9x
Mon, 17 Nov 2025₹6.5t₹2.2t₹299.3b30.6x21.6x3x
Wed, 15 Oct 2025₹6.5t₹2.1t₹322.9b30.8x20.2x3x
Fri, 12 Sep 2025₹6.4t₹2.1t₹322.9b30.5x19.8x3x
Sun, 10 Aug 2025₹6.3t₹2.1t₹324.2b29.8x19.6x3x
Tue, 08 Jul 2025₹6.8t₹2.1t₹310.9b32.3x21.8x3.2x
Thu, 05 Jun 2025₹6.6t₹2.1t₹310.2b31.5x21.3x3.1x
Sat, 03 May 2025₹6.7t₹2.1t₹258.2b31.9x26x3.2x
Mon, 31 Mar 2025₹6.5t₹2.1t₹255.4b31.8x25.5x3.1x
Wed, 26 Feb 2025₹5.7t₹2.1t₹255.4b29.3x22.5x2.7x
Fri, 24 Jan 2025₹6.4t₹2.1t₹282.5b32.1x22.8x3.1x
Sun, 22 Dec 2024₹6.9t₹2.1t₹282.7b34.2x24.2x3.3x
Tue, 19 Nov 2024₹6.9t₹2.1t₹282.7b34.5x24.4x3.3x
Thu, 17 Oct 2024₹7.7t₹2.0t₹229.1b40.4x33.6x3.8x
Sat, 14 Sep 2024₹7.6t₹2.0t₹229.1b37.6x33.2x3.7x
Mon, 12 Aug 2024₹7.8t₹2.0t₹223.8b36.9x34.7x3.9x
Wed, 10 Jul 2024₹7.5t₹2.0t₹232.2b39.8x32.2x3.8x
Fri, 07 Jun 2024₹6.9t₹2.0t₹232.1b37.8x29.7x3.5x
Sun, 05 May 2024₹7.2t₹1.9t₹208.5b39.6x34.5x3.8x
Tue, 02 Apr 2024₹6.7t₹1.9t₹208.6b36.6x32.3x3.6x
Thu, 29 Feb 2024₹6.4t₹1.9t₹208.6b30.8x30.5x3.4x
Sat, 27 Jan 2024₹6.0t₹1.9t₹212.7b29.4x28.1x3.2x
Mon, 25 Dec 2023₹5.5t₹1.9t₹213.1b27x25.7x2.9x
Wed, 22 Nov 2023₹4.6t₹1.9t₹213.2b23.5x21.7x2.5x
Fri, 20 Oct 2023₹4.5t₹1.8t₹212.0b22.9x21.3x2.5x
Sun, 17 Sep 2023₹4.5t₹1.8t₹212.0b24x21.4x2.5x
  • Price to Earnings
  • Price to Sales
  • Median Price to Earnings
Price to Earnings Ratio

21.4x


Sun, 17 Sep 2023
Total Market Cap: ₹4.5tTotal Earnings: ₹212.0bTotal Revenue: ₹1.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Electric Utilities Industry Price to Earnings3Y Average 25.1x202420252026
Current Industry PE
  • Investors are pessimistic on the Indian Electric Utilities 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 21.5x which is lower than its 3-year average PE of 25.1x.
  • 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 14% per year over the last three years.
  • Revenues for these companies have grown 7.1% 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-0.58%
Utilities1.47%
Electric Utilities1.25%
Electric Utilities1.25%
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
ADANIENSOL Adani Energy Solutions₹1.42k1.9%
+₹32.7b
75.3%PE59.6x
TORNTPOWER Torrent Power₹1.31k4.5%
+₹28.6b
3.4%PE28.3x
500400 Tata Power₹369.001.4%
+₹16.6b
-4.5%PE30.5x
SJVN SJVN₹66.884.6%
+₹11.6b
-28.3%PE41.1x
CESC CESC₹149.672.2%
+₹4.3b
-7.1%PE12.8x

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