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Indian (NIFTY) Renewable Energy Industry Analysis

UpdatedSep 24, 2023
DataAggregated Company Financials
Companies14
  • 7D-0.5%
  • 3M8.4%
  • 1Y-46.0%
  • YTD-35.4%

The Renewable Energy industry has been flat over the last week, but NHPC has lost 5.0%. As for the longer term, the industry has declined 46% in the last year. Looking forward, earnings are forecast to grow by 31% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 24 Sep 2023₹2.2t₹209.5b₹51.2b13.5x43.4x10.6x
Tue, 22 Aug 2023₹2.2t₹210.9b₹51.3b16.1x42.2x10.3x
Thu, 20 Jul 2023₹2.1t₹202.4b₹50.0b17.4x42x10.4x
Sat, 17 Jun 2023₹2.1t₹260.2b₹52.0b21.8x40.4x8.1x
Mon, 15 May 2023₹2.0t₹257.2b₹49.8b19x39.3x7.6x
Wed, 12 Apr 2023₹2.0t₹244.4b₹44.8b18x44.6x8.2x
Fri, 10 Mar 2023₹1.5t₹244.4b₹44.8b18.8x34.1x6.3x
Sun, 05 Feb 2023₹2.0t₹237.9b₹48.9b18.7x40.6x8.3x
Tue, 03 Jan 2023₹3.5t₹236.9b₹48.6b17.7x71.8x14.7x
Thu, 01 Dec 2022₹3.9t₹236.9b₹48.6b19.2x79.7x16.3x
Sat, 29 Oct 2022₹528.3b₹169.9b₹42.5b13.3x12.4x3.1x
Mon, 26 Sep 2022₹480.6b₹164.0b₹41.7b16.8x11.5x2.9x
Wed, 24 Aug 2022₹432.2b₹165.2b₹41.7b14.2x10.4x2.6x
Fri, 22 Jul 2022₹413.9b₹150.4b₹37.6b19.1x11x2.8x
Sun, 19 Jun 2022₹374.4b₹150.4b₹37.6b18.1x10x2.5x
Tue, 17 May 2022₹394.2b₹141.4b₹38.4b18.8x10.3x2.8x
Thu, 14 Apr 2022₹404.5b₹141.1b₹38.6b17.9x10.5x2.9x
Sat, 12 Mar 2022₹367.4b₹141.1b₹38.6b18.7x9.5x2.6x
Mon, 07 Feb 2022₹401.2b₹138.0b₹37.7b33x10.6x2.9x
Wed, 05 Jan 2022₹405.7b₹137.1b₹37.3b36.5x10.9x3x
Fri, 03 Dec 2021₹377.7b₹137.1b₹37.3b21.7x10.1x2.8x
Sun, 31 Oct 2021₹354.2b₹134.5b₹35.5b15.9x10x2.6x
Tue, 28 Sep 2021₹320.4b₹134.5b₹35.5b11.3x9x2.4x
Thu, 26 Aug 2021₹304.7b₹134.5b₹35.5b10.1x8.6x2.3x
Fri, 02 Jul 2021₹312.7b₹134.5b₹35.5b13.1x8.8x2.3x
Mon, 05 Apr 2021₹273.9b₹135.1b₹34.0b10.4x8.1x2x
Thu, 07 Jan 2021₹1.9t₹168.1b₹30.8b7.7x61.7x11.3x
Wed, 30 Sep 2020₹1.4t₹163.5b₹8.2b7.1x168.4x8.4x
Price to Earnings Ratio

168.4x


Total Market Cap: ₹1.4tTotal Earnings: ₹8.2bTotal Revenue: ₹163.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Renewable Energy Industry Price to Earnings3Y Average 41.8x202120222023
Current Industry PE
  • Investors are relatively neutral on the Indian Renewable Electricity industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 41.8x.
  • The 3-year average PS ratio of 6.2x is lower than the industry's current PS ratio of 10.6x.
Past Earnings Growth
  • The earnings for companies in the Renewable Electricity industry have grown 84% per year over the last three years.
  • Revenues for these companies have grown 8.6% 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 Renewable Energy compare with similar industries?

IN Market-1.77%
Utilities0.14%
Renewable Energy0.80%
Renewable Energy-0.50%
Independent Power Producers and Energy Traders1.40%
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
ADANIGREEN Adani Green Energy₹1.02k1.2%
+₹19.6b
-56.2%PE167.2x
506520 Jayshree Chemicals₹8.302.0%
+₹4.7m
12.5%PS2.6x
536709 Ind Renewable Energy₹21.753.2%
+₹2.0m
96.8%n/a
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Latest News

NHPC

₹52.05

NHPC

7D

-5.0%

1Y

35.2%

ADANIGREEN

₹1,018.80

Adani Green Energy

7D

1.2%

1Y

-56.2%

542323

₹822.70

KPI Green Energy

7D

-3.9%

1Y

85.8%

534618

₹1,242.95

Waaree Renewable Technologies

7D

-2.7%

1Y

177.5%

534612

₹28.85

Advance Metering Technology

7D

-6.1%

1Y

56.4%

541445

₹82.05

Waa Solar

7D

-3.0%

1Y

98.9%

536709

₹21.75

Ind Renewable Energy

7D

3.2%

1Y

96.8%

539686

₹499.15

K.P. Energy

7D

-4.4%

1Y

133.8%

GREENPOWER

₹13.80

Orient Green Power

7D

-3.8%

1Y

55.1%

533451

₹43.07

Karma Energy

7D

-4.2%

1Y

51.4%

506520

₹8.30

Jayshree Chemicals

7D

2.0%

1Y

12.5%