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Indian (NIFTY) Renewable Energy Industry Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies29
  • 7D-2.7%
  • 3M15.5%
  • 1Y80.6%
  • YTD66.3%

Over the last 7 days, the Renewable Energy industry has dropped 2.7%, driven by a decline by NTPC of 4.8%. This takes the industry's 12 month performance to a gain of 81%.

Industry Valuation and Performance

Has the Indian Renewable Energy Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Sun, 28 Nov 2021₹2.8t₹2.0t₹204.7b22.4x
Tue, 26 Oct 2021₹3.1t₹2.0t₹226.3b19.6x
Thu, 23 Sep 2021₹2.7t₹2.0t₹226.3b15.7x
Sat, 21 Aug 2021₹2.3t₹2.0t₹226.3b13.1x
Sat, 05 Jun 2021₹2.1t₹2.0t₹209.8b13.2x
Tue, 09 Mar 2021₹3.6t₹2.0t₹122.1b8.1x
Mon, 30 Nov 2020₹3.3t₹2.0t₹94.8b7.9x
Thu, 03 Sep 2020₹2.2t₹1.9t₹76.0b8.2x
Sun, 07 Jun 2020₹1.9t₹2.0t₹81.1b6.1x
Sat, 29 Feb 2020₹1.9t₹1.9t₹141.1b5.9x
Tue, 03 Dec 2019₹2.1t₹1.9t₹142.8b5.5x
Fri, 06 Sep 2019₹2.0t₹1.9t₹134.4b8.2x
Mon, 10 Jun 2019₹2.1t₹1.8t₹141.0b9.6x
Sun, 03 Mar 2019₹1.9t₹1.7t₹105.0b10.4x
Wed, 05 Dec 2018₹2.1t₹1.7t₹104.3b11.3x
PE Ratio

11.3x

Total Market Cap: ₹2.1tTotal Earnings: ₹104.3bTotal Revenue: ₹1.7t0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 22.4x which is higher than its 3-year average PE of 9.5x. It appears they are confident that earnings will grow faster in the future than they have historically.

Past Earnings Growth: The earnings for companies in the Renewable Energy industry have grown 25% per year over the last three years, and revenues for these companies have grown 6.6% 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 Renewable Energy industry?

Independent Power Producers and Energy Traders-2.56%
Renewable Energy-3.88%

Industry PE: Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 9.1x. However analysts are expecting annual earnings growth of 6.2%, which is lower than the prior year's growth of 56% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Independent Power Producers and Energy Traders industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 11.3x.

Forecasted Growth: Analysts are most optimistic on the Independent Power Producers and Energy Traders industry, expecting annual earnings growth of 33% over the next 5 years. This is better than its past earnings decline of 4.7% per year. Meanwhile, the Renewable Energy industry is expected to see its earnings grow by 6.2% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
ADANIGREEN Adani Green Energy2.0%+₹41.9b20.8%PE594.7x
533148 JSW Energy2.6%+₹12.8b389.7%PE64.7x
532627 Jaiprakash Power Ventures10.4%+₹3.1b103.0%PE23.7x
GREENPOWER Orient Green Power26.4%+₹1.4b311.6%PE63.3x
542323 K.P.I. Global Infrastructure16.9%+₹640.5m367.9%PE10.5x
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532524

₹112.75

India

7D

-3.8%

1Y

106.3%

533098

₹30.65

NHPC

7D

-6.0%

1Y

42.9%