Indian (NIFTY) Water Industry Analysis

UpdatedJul 11, 2025

DataAggregated Company Financials

Companies1

7D4.8%
3M6.3%
1Y13.3%
YTDn/a

Over the last 7 days, the Water industry has dropped 4.7%, driven by pullbacks from every company within the industry. In the past year, the industry has gained 6.9%. As for the next few years, earnings are expected to grow by 21% per annum.

Industry Valuation and Performance

Has the Indian Water Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sat, 12 Jul 2025	₹92.7b	₹32.9b	₹3.0b	31.4x	31.4x	2.8x
Mon, 09 Jun 2025	₹98.6b	₹32.9b	₹3.0b	33.4x	33.4x	3x
Wed, 07 May 2025	₹79.8b	₹30.7b	₹2.7b	29.7x	29.7x	2.6x
Fri, 04 Apr 2025	₹89.5b	₹30.7b	₹2.7b	33.4x	33.4x	2.9x
Sun, 02 Mar 2025	₹81.1b	₹30.7b	₹2.7b	30.2x	30.2x	2.6x
Tue, 28 Jan 2025	₹78.2b	₹29.7b	₹2.6b	29.9x	29.9x	2.6x
Thu, 26 Dec 2024	₹99.6b	₹29.7b	₹2.6b	38.2x	38.2x	3.4x
Sat, 23 Nov 2024	₹105.3b	₹29.7b	₹2.6b	40.4x	40.4x	3.6x
Mon, 21 Oct 2024	₹116.4b	₹29.3b	₹2.5b	46.4x	46.4x	4x
Wed, 18 Sep 2024	₹86.4b	₹29.3b	₹2.5b	34.5x	34.5x	2.9x
Fri, 16 Aug 2024	₹80.8b	₹29.3b	₹2.5b	32.3x	32.3x	2.8x
Sun, 14 Jul 2024	₹79.7b	₹28.6b	₹2.5b	32.4x	32.4x	2.8x
Tue, 11 Jun 2024	₹67.2b	₹28.6b	₹2.5b	29.2x	27.4x	2.4x
Thu, 09 May 2024	₹55.7b	₹28.5b	₹618.5m	90x	90x	2x
Sat, 06 Apr 2024	₹50.3b	₹28.5b	₹618.5m	81.4x	81.4x	1.8x
Mon, 04 Mar 2024	₹47.5b	₹28.5b	₹618.5m	76.8x	76.8x	1.7x
Wed, 31 Jan 2024	₹41.9b	₹28.0b	₹461.5m	90.9x	90.9x	1.5x
Fri, 29 Dec 2023	₹39.9b	₹28.0b	₹461.5m	86.4x	86.4x	1.4x
Sun, 26 Nov 2023	₹38.4b	₹28.0b	₹461.5m	83.2x	83.2x	1.4x
Tue, 24 Oct 2023	₹28.8b	₹28.8b	₹325.5m	88.4x	88.4x	1x
Thu, 21 Sep 2023	₹29.0b	₹28.8b	₹325.5m	89x	89x	1x
Sat, 19 Aug 2023	₹31.0b	₹28.8b	₹325.5m	95.2x	95.2x	1.1x
Mon, 17 Jul 2023	₹32.1b	₹29.6b	₹128.5m	250x	250x	1.1x
Wed, 14 Jun 2023	₹30.5b	₹29.6b	₹128.5m	237.7x	237.7x	1x
Fri, 12 May 2023	₹26.4b	₹29.3b	₹1.7b	15.5x	15.5x	0.9x
Sun, 09 Apr 2023	₹22.2b	₹29.3b	₹1.7b	13x	13x	0.8x
Tue, 07 Mar 2023	₹21.0b	₹29.3b	₹1.7b	12.3x	12.3x	0.7x
Thu, 02 Feb 2023	₹19.3b	₹30.2b	₹1.7b	11.5x	11.5x	0.6x
Sat, 31 Dec 2022	₹20.4b	₹30.2b	₹1.7b	12.2x	12.2x	0.7x
Mon, 28 Nov 2022	₹19.3b	₹30.2b	₹1.7b	11.6x	11.6x	0.6x
Wed, 26 Oct 2022	₹16.4b	₹29.5b	₹1.5b	11.2x	11.2x	0.6x
Fri, 23 Sep 2022	₹18.0b	₹29.5b	₹1.5b	12.3x	12.3x	0.6x
Sun, 21 Aug 2022	₹16.0b	₹29.5b	₹1.5b	10.9x	10.9x	0.5x
Tue, 19 Jul 2022	₹14.7b	₹29.8b	₹1.3b	11.1x	11.1x	0.5x

Price to Earnings Ratio

11.1x

Tue, 19 Jul 2022

Current Industry PE

There is only one company in the Indian Water Utilities industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.

Past Earnings Growth

The earnings for companies in the Water Utilities industry have grown 31% per year over the last three years.
Revenues for these companies have grown 3.4% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.