Narrative Update • Jun 02
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Indian (NIFTY) Independent Power Producers and Energy Traders Industry Analysis
UpdatedJun 03, 2026
DataAggregated Company Financials
Companies12
- 7D-3.3%
- 3M30.4%
- 1Y43.3%
- YTDn/a
Over the last 7 days, the Independent Power Producers and Energy Traders industry has dropped 3.3%, driven by a pullback from NTPC of 5.7%. In the past year, the industry has gained 43%. As for the next few years, earnings are expected to grow by 7.0% per annum.
Industry Valuation and Performance
Has the Indian Independent Power Producers and Energy Traders Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 03 Jun 2026 | ₹10.1t | ₹3.1t | ₹465.1b | 19x | 21.6x | 3.2x |
| Fri, 01 May 2026 | ₹10.0t | ₹3.1t | ₹439.3b | 21.9x | 22.7x | 3.2x |
| Sun, 29 Mar 2026 | ₹8.1t | ₹3.1t | ₹420.8b | 16.4x | 19.3x | 2.6x |
| Tue, 24 Feb 2026 | ₹8.0t | ₹3.1t | ₹420.8b | 16.1x | 18.9x | 2.6x |
| Thu, 22 Jan 2026 | ₹7.5t | ₹3.1t | ₹421.5b | 14.1x | 17.7x | 2.4x |
| Sat, 20 Dec 2025 | ₹7.4t | ₹3.1t | ₹421.5b | 16.6x | 17.6x | 2.4x |
| Mon, 17 Nov 2025 | ₹7.9t | ₹3.1t | ₹421.5b | 21.2x | 18.6x | 2.5x |
| Wed, 15 Oct 2025 | ₹8.0t | ₹3.1t | ₹456.6b | 16.6x | 17.6x | 2.6x |
| Fri, 12 Sep 2025 | ₹7.4t | ₹3.1t | ₹456.6b | 17.7x | 16.1x | 2.4x |
| Sun, 10 Aug 2025 | ₹7.2t | ₹3.1t | ₹464.3b | 15.8x | 15.4x | 2.3x |
| Tue, 08 Jul 2025 | ₹7.4t | ₹3.1t | ₹460.0b | 16.9x | 16x | 2.4x |
| Thu, 05 Jun 2025 | ₹7.0t | ₹3.1t | ₹460.0b | 13.8x | 15.3x | 2.3x |
| Sat, 03 May 2025 | ₹6.9t | ₹3.0t | ₹543.8b | 13.5x | 12.8x | 2.3x |
| Mon, 31 Mar 2025 | ₹7.1t | ₹3.0t | ₹540.0b | 14.1x | 13.2x | 2.3x |
| Wed, 26 Feb 2025 | ₹6.5t | ₹3.0t | ₹540.0b | 12.7x | 12x | 2.1x |
| Fri, 24 Jan 2025 | ₹6.9t | ₹3.0t | ₹520.7b | 14.3x | 13.2x | 2.3x |
| Sun, 22 Dec 2024 | ₹7.1t | ₹3.0t | ₹514.7b | 16.3x | 13.8x | 2.4x |
| Tue, 19 Nov 2024 | ₹7.7t | ₹3.0t | ₹520.9b | 16.1x | 14.8x | 2.5x |
| Thu, 17 Oct 2024 | ₹8.6t | ₹3.0t | ₹496.7b | 17.5x | 17.3x | 2.9x |
| Sat, 14 Sep 2024 | ₹8.5t | ₹3.0t | ₹496.7b | 17.4x | 17.1x | 2.8x |
| Mon, 12 Aug 2024 | ₹8.7t | ₹3.0t | ₹495.7b | 18.3x | 17.6x | 2.9x |
| Wed, 10 Jul 2024 | ₹8.5t | ₹2.9t | ₹526.3b | 18.7x | 16.2x | 2.9x |
| Fri, 07 Jun 2024 | ₹8.1t | ₹2.9t | ₹534.3b | 16.2x | 15.2x | 2.8x |
| Sun, 05 May 2024 | ₹7.7t | ₹2.9t | ₹432.0b | 14.6x | 17.8x | 2.7x |
| Tue, 02 Apr 2024 | ₹7.0t | ₹2.8t | ₹454.5b | 17x | 15.3x | 2.5x |
| Thu, 29 Feb 2024 | ₹6.8t | ₹2.8t | ₹454.5b | 16.6x | 15x | 2.4x |
| Sat, 27 Jan 2024 | ₹6.6t | ₹2.9t | ₹479.0b | 16.1x | 13.8x | 2.3x |
| Mon, 25 Dec 2023 | ₹6.2t | ₹2.8t | ₹451.2b | 14.5x | 13.7x | 2.2x |
| Wed, 22 Nov 2023 | ₹5.1t | ₹2.8t | ₹451.2b | 12x | 11.3x | 1.8x |
| Fri, 20 Oct 2023 | ₹4.7t | ₹2.7t | ₹337.9b | 14.6x | 13.9x | 1.7x |
| Sun, 17 Sep 2023 | ₹4.8t | ₹2.7t | ₹337.9b | 13.8x | 14.2x | 1.8x |
| Tue, 15 Aug 2023 | ₹4.1t | ₹2.7t | ₹338.0b | 14.6x | 12.1x | 1.5x |
| Thu, 13 Jul 2023 | ₹3.6t | ₹2.7t | ₹295.2b | 11.5x | 12.2x | 1.3x |
| Sat, 10 Jun 2023 | ₹3.5t | ₹2.7t | ₹307.1b | 10.2x | 11.4x | 1.3x |
Price to Earnings Ratio
11.4x
Current Industry PE
- Investors are optimistic on the Indian Independent Power Producers and Energy Traders industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 21.6x which is higher than its 3-year average PE of 15.7x.
- The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 3.2x.
Past Earnings Growth
- The earnings for companies in the Independent Power Producers and Energy Traders industry have grown 15% per year over the last three years.
- Revenues for these companies have grown 5.4% 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 Independent Power Producers and Energy Traders compare with similar industries?
| IN Market | -1.41% | |
| Utilities | -1.85% | |
| Renewable Energy | -2.80% | |
| Independent Power Producers and Energy Traders | -3.33% | |
| Renewable Energy | -1.57% | |
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 | |
|---|---|---|---|---|---|
| GIPCL Gujarat Industries Power | ₹172.12 | 9.2% +₹2.3b | -11.9% | PE6.6x | |
| 526025 Globus Power Generation | ₹14.30 | 2.7% +₹36.6m | -11.8% | PB17.7x | |
| 513452 Elango Industries | ₹15.00 | 2.8% +₹1.6m | 7.3% | PS23.9x |