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Indian (NIFTY) Electric Utilities Industry Analysis
UpdatedJul 09, 2025
DataAggregated Company Financials
Companies11
- 7D-0.5%
- 3M5.1%
- 1Y-10.9%
- YTDn/a
Over the last 7 days, the Electric Utilities industry has dropped 1.0%, driven by pullbacks in Tata Power and Torrent Power of 1.4% and 2.2%, respectively. Overall the industry is down 10% in 12 months. Looking forward, earnings are forecast to grow by 15% 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 |
|---|---|---|---|---|---|---|
| Wed, 09 Jul 2025 | ₹6.8t | ₹2.1t | ₹310.9b | 32.3x | 21.8x | 3.2x |
| Fri, 06 Jun 2025 | ₹6.7t | ₹2.1t | ₹310.2b | 31.6x | 21.6x | 3.1x |
| Sun, 04 May 2025 | ₹6.7t | ₹2.1t | ₹258.2b | 31.9x | 26x | 3.2x |
| Tue, 01 Apr 2025 | ₹6.5t | ₹2.1t | ₹255.4b | 31.8x | 25.5x | 3.1x |
| Thu, 27 Feb 2025 | ₹5.7t | ₹2.1t | ₹255.4b | 29.3x | 22.5x | 2.7x |
| Sat, 25 Jan 2025 | ₹6.4t | ₹2.1t | ₹284.9b | 33x | 22.6x | 3.1x |
| Mon, 23 Dec 2024 | ₹6.9t | ₹2.1t | ₹282.7b | 34.2x | 24.2x | 3.3x |
| Wed, 20 Nov 2024 | ₹6.9t | ₹2.1t | ₹282.7b | 34.8x | 24.6x | 3.3x |
| Fri, 18 Oct 2024 | ₹7.7t | ₹2.0t | ₹229.1b | 39.8x | 33.5x | 3.8x |
| Sun, 15 Sep 2024 | ₹7.6t | ₹2.0t | ₹229.1b | 37.6x | 33.2x | 3.7x |
| Tue, 13 Aug 2024 | ₹7.7t | ₹2.0t | ₹223.8b | 36.5x | 34.3x | 3.8x |
| Thu, 11 Jul 2024 | ₹7.5t | ₹2.0t | ₹232.2b | 40.5x | 32.4x | 3.8x |
| Sat, 08 Jun 2024 | ₹7.1t | ₹2.0t | ₹232.2b | 39.3x | 30.5x | 3.6x |
| Mon, 06 May 2024 | ₹7.2t | ₹1.9t | ₹208.5b | 39.6x | 34.5x | 3.8x |
| Wed, 03 Apr 2024 | ₹6.8t | ₹1.9t | ₹208.6b | 37.3x | 32.5x | 3.6x |
| Fri, 01 Mar 2024 | ₹6.4t | ₹1.9t | ₹208.6b | 30.6x | 30.7x | 3.4x |
| Sun, 28 Jan 2024 | ₹6.0t | ₹1.9t | ₹212.7b | 29.4x | 28.1x | 3.2x |
| Tue, 26 Dec 2023 | ₹5.5t | ₹1.9t | ₹213.1b | 27x | 25.7x | 2.9x |
| Thu, 23 Nov 2023 | ₹4.6t | ₹1.9t | ₹213.2b | 23.4x | 21.7x | 2.5x |
| Sat, 21 Oct 2023 | ₹4.5t | ₹1.8t | ₹212.0b | 22.5x | 21.1x | 2.5x |
| Mon, 18 Sep 2023 | ₹4.5t | ₹1.8t | ₹212.0b | 24x | 21.4x | 2.5x |
| Wed, 16 Aug 2023 | ₹4.2t | ₹1.8t | ₹212.1b | 20x | 19.6x | 2.3x |
| Fri, 14 Jul 2023 | ₹4.0t | ₹1.8t | ₹220.7b | 13.9x | 18x | 2.2x |
| Sun, 11 Jun 2023 | ₹4.1t | ₹1.8t | ₹220.9b | 15.4x | 18.4x | 2.2x |
| Tue, 09 May 2023 | ₹4.1t | ₹1.8t | ₹228.4b | 19.4x | 17.9x | 2.3x |
| Thu, 06 Apr 2023 | ₹3.9t | ₹1.8t | ₹230.0b | 17.8x | 16.8x | 2.2x |
| Sat, 04 Mar 2023 | ₹3.7t | ₹1.8t | ₹230.0b | 19x | 15.9x | 2.1x |
| Mon, 30 Jan 2023 | ₹5.0t | ₹1.7t | ₹217.1b | 21.7x | 23.1x | 3x |
| Wed, 28 Dec 2022 | ₹5.6t | ₹1.7t | ₹216.8b | 22.3x | 25.6x | 3.3x |
| Fri, 25 Nov 2022 | ₹6.0t | ₹1.7t | ₹216.8b | 23.7x | 27.8x | 3.6x |
| Sun, 23 Oct 2022 | ₹6.5t | ₹1.6t | ₹207.8b | 27x | 31.2x | 4.1x |
| Tue, 20 Sep 2022 | ₹7.5t | ₹1.6t | ₹207.8b | 28.7x | 36.1x | 4.7x |
| Thu, 18 Aug 2022 | ₹7.0t | ₹1.6t | ₹207.8b | 29.3x | 33.7x | 4.4x |
| Sat, 16 Jul 2022 | ₹6.0t | ₹1.5t | ₹222.2b | 28.5x | 27x | 4.1x |
Price to Earnings Ratio
27x
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 21.8x which is lower than its 3-year average PE of 26.0x.
- 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 12% 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 Comparison
How does Indian Electric Utilities compare with similar industries?
| IN Market | -0.20% | |
| Utilities | 0.39% | |
| Electric Utilities | -0.48% | |
| Electric Utilities | -0.48% | |
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 | |
|---|---|---|---|---|---|
| ADANIENSOL Adani Energy Solutions | ₹881.25 | 1.0% +₹10.6b | -12.2% | PE99.9x | |
| CESC CESC | ₹180.39 | 2.2% +₹5.2b | -0.9% | PE17.5x | |
| POWERGRID Power Grid Corporation of India | ₹297.75 | 0.07% +₹1.9b | -12.7% | PE17.8x | |
| DPSCLTD India Power | ₹14.35 | 6.9% +₹905.6m | -21.2% | PE198.8x | |
| 540565 Indigrid Infrastructure Trust | ₹155.00 | 0.4% +₹559.2m | 11.8% | PE32.5x |
