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Indian (NIFTY) Electric Utilities Industry Analysis

UpdatedFeb 28, 2024
DataAggregated Company Financials
Companies11
  • 7D1.2%
  • 3M33.9%
  • 1Y86.4%
  • YTD16.8%

The Electric Utilities industry is up 1.2% in the last week, with Adani Energy Solutions up 1.1%. This takes the industry's 12 month performance to a gain of 86%. Earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 29 Feb 2024₹6.6t₹1.9t₹208.6b31.7x31.7x3.5x
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
Tue, 15 Aug 2023₹4.2t₹1.8t₹212.1b20x19.6x2.3x
Thu, 13 Jul 2023₹4.1t₹1.8t₹220.7b14.2x18.4x2.3x
Sat, 10 Jun 2023₹4.1t₹1.8t₹220.9b15.4x18.4x2.2x
Mon, 08 May 2023₹4.1t₹1.8t₹228.4b19.2x17.9x2.3x
Wed, 05 Apr 2023₹3.9t₹1.8t₹230.0b17.7x16.8x2.2x
Fri, 03 Mar 2023₹3.6t₹1.8t₹230.0b18.8x15.7x2.1x
Sun, 29 Jan 2023₹5.0t₹1.7t₹217.1b21.7x23.1x3x
Tue, 27 Dec 2022₹5.2t₹1.7t₹216.8b21.8x24.1x3.1x
Thu, 24 Nov 2022₹6.0t₹1.7t₹216.8b23.7x27.9x3.6x
Sat, 22 Oct 2022₹6.5t₹1.6t₹207.8b27x31.2x4.1x
Mon, 19 Sep 2022₹7.6t₹1.6t₹207.8b29.3x36.6x4.8x
Wed, 17 Aug 2022₹7.0t₹1.6t₹207.8b29.2x33.6x4.4x
Fri, 15 Jul 2022₹6.0t₹1.5t₹222.2b28.1x27x4.1x
Sun, 12 Jun 2022₹5.2t₹1.5t₹224.7b28.2x22.9x3.5x
Tue, 10 May 2022₹6.0t₹1.5t₹237.1b17.5x25.3x4.1x
Thu, 07 Apr 2022₹6.0t₹1.4t₹228.2b19.4x26.1x4.2x
Sat, 05 Mar 2022₹5.3t₹1.4t₹228.2b16.8x23.4x3.7x
Mon, 31 Jan 2022₹5.1t₹1.4t₹228.8b23.5x22.1x3.7x
Wed, 29 Dec 2021₹4.7t₹1.4t₹228.9b26.8x20.4x3.4x
Fri, 26 Nov 2021₹5.0t₹1.4t₹228.9b20.6x22.1x3.7x
Sun, 24 Oct 2021₹4.6t₹1.3t₹224.2b22.7x20.7x3.5x
Tue, 21 Sep 2021₹4.1t₹1.3t₹224.2b22.2x18.5x3.1x
Thu, 19 Aug 2021₹3.4t₹1.3t₹224.2b21.9x15.1x2.5x
Thu, 03 Jun 2021₹3.7t₹1.3t₹181.2b19.8x20.2x2.9x
Sun, 07 Mar 2021₹2.7t₹1.2t₹169.4b22.1x16x2.2x
Price to Earnings Ratio

16x


Total Market Cap: ₹2.7tTotal Earnings: ₹169.4bTotal Revenue: ₹1.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Electric Utilities Industry Price to Earnings3Y Average 22.4x202220232024
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 31.7x which is higher than its 3-year average PE of 22.4x.
  • The 3-year average PS ratio of 3.1x is lower than the industry's current PS ratio of 3.5x.
Past Earnings Growth
  • The earnings for companies in the Electric Utilities industry have grown 7.2% per year over the last three years.
  • Revenues for these companies have grown 16% 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 Market0.13%
Utilities0.49%
Electric Utilities1.19%
Electric Utilities1.19%
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₹1.08k1.1%
+₹13.0b
59.5%PE104.8x
CESC CESC₹129.200.7%
+₹1.1b
85.8%PE12.2x
523222 SRM Energy₹35.8310.3%
+₹30.4m
355.3%PE-21.3x
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Latest News

523222

₹35.83

SRM Energy

7D

10.3%

1Y

355.3%

532219

₹21.73

Energy Development

7D

-5.9%

1Y

18.1%

500390

₹211.90

Reliance Infrastructure

7D

-8.9%

1Y

56.0%

TORNTPOWER

₹1,117.70

Torrent Power

7D

-0.6%

1Y

120.6%

DPSCLTD

₹19.65

India Power

7D

-13.6%

1Y

67.2%

500400

₹366.05

Tata Power

7D

-2.5%

1Y

79.1%

POWERGRID

₹279.55

Power Grid Corporation of India

7D

-0.2%

1Y

70.3%

540565

₹133.47

India Grid Trust

7D

-0.4%

1Y

2.3%

ADANIENSOL

₹1,076.45

Adani Energy Solutions

7D

1.1%

1Y

59.5%