Is Now The Time To Put Mazagon Dock Shipbuilders (NSE:MAZDOCK) On Your Watchlist?
Oct 12
Indian (NIFTY) Aerospace & Defense Industry Analysis
UpdatedOct 31, 2023
DataAggregated Company Financials
Companies17
- 7D-0.01%
- 3M-2.5%
- 1Y44.2%
- YTD43.2%
Over the last 7 days, the Aerospace & Defense industry has dropped 2.3%, driven by a pullback from Hindustan Aeronautics of 0.6%. Over the past 12 months, the industry was up 46%. Looking forward, earnings are forecast to grow by 13% annually.
Industry Valuation and Performance
Has the Indian Aerospace & Defense Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Oct 2023 | ₹3.1t | ₹613.9b | ₹116.0b | 47.3x | 26.8x | 5.1x |
| Thu, 28 Sep 2023 | ₹3.3t | ₹606.8b | ₹113.3b | 51.6x | 28.8x | 5.4x |
| Sat, 26 Aug 2023 | ₹3.2t | ₹606.8b | ₹113.3b | 53.1x | 28.4x | 5.3x |
| Mon, 24 Jul 2023 | ₹3.1t | ₹602.5b | ₹108.5b | 41.1x | 28.7x | 5.2x |
| Wed, 21 Jun 2023 | ₹2.9t | ₹600.6b | ₹108.1b | 39.3x | 27.2x | 4.9x |
| Fri, 19 May 2023 | ₹2.4t | ₹612.5b | ₹105.1b | 30.3x | 22.7x | 3.9x |
| Sun, 16 Apr 2023 | ₹2.2t | ₹586.1b | ₹107.8b | 26.8x | 20.4x | 3.8x |
| Tue, 14 Mar 2023 | ₹2.1t | ₹586.1b | ₹107.8b | 24.9x | 19.3x | 3.5x |
| Thu, 09 Feb 2023 | ₹2.0t | ₹585.9b | ₹105.5b | 27.8x | 19x | 3.4x |
| Sat, 07 Jan 2023 | ₹2.1t | ₹582.0b | ₹105.0b | 28.9x | 19.7x | 3.6x |
| Mon, 05 Dec 2022 | ₹2.3t | ₹582.0b | ₹105.0b | 29.9x | 21.5x | 3.9x |
| Wed, 02 Nov 2022 | ₹2.1t | ₹570.1b | ₹99.4b | 28.4x | 21.2x | 3.7x |
| Fri, 30 Sep 2022 | ₹1.9t | ₹567.3b | ₹99.5b | 25.1x | 19x | 3.3x |
| Sun, 28 Aug 2022 | ₹1.8t | ₹567.4b | ₹99.5b | 22.8x | 18.6x | 3.3x |
| Tue, 26 Jul 2022 | ₹1.6t | ₹527.9b | ₹93.0b | 22x | 17x | 3x |
| Thu, 23 Jun 2022 | ₹1.4t | ₹513.0b | ₹89.6b | 19.8x | 15.8x | 2.8x |
| Sat, 21 May 2022 | ₹1.5t | ₹511.6b | ₹92.9b | 23.7x | 15.8x | 2.9x |
| Mon, 18 Apr 2022 | ₹1.5t | ₹503.3b | ₹78.0b | 25.1x | 19x | 2.9x |
| Wed, 16 Mar 2022 | ₹1.2t | ₹502.7b | ₹78.0b | 19.2x | 15.4x | 2.4x |
| Fri, 11 Feb 2022 | ₹1.2t | ₹492.1b | ₹74.7b | 20.3x | 16.1x | 2.4x |
| Sun, 09 Jan 2022 | ₹1.2t | ₹478.2b | ₹71.4b | 22.1x | 16.4x | 2.4x |
| Tue, 07 Dec 2021 | ₹1.1t | ₹475.4b | ₹70.5b | 21.5x | 16x | 2.4x |
| Thu, 04 Nov 2021 | ₹1.1t | ₹459.7b | ₹67.4b | 21.4x | 16.9x | 2.5x |
| Sat, 02 Oct 2021 | ₹1.1t | ₹453.4b | ₹65.0b | 22x | 17.1x | 2.4x |
| Mon, 30 Aug 2021 | ₹1.1t | ₹453.4b | ₹65.0b | 15.6x | 16.4x | 2.4x |
| Tue, 06 Jul 2021 | ₹920.9b | ₹453.4b | ₹65.0b | 13.4x | 14.2x | 2x |
| Fri, 09 Apr 2021 | ₹767.9b | ₹443.6b | ₹63.1b | 12.3x | 12.2x | 1.7x |
| Thu, 31 Dec 2020 | ₹709.8b | ₹430.8b | ₹54.4b | 15.3x | 13x | 1.6x |
Price to Earnings Ratio
11x
Current Industry PE
- Investors are optimistic on the Indian Aerospace & Defense industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 27.1x which is higher than its 3-year average PE of 18.4x.
- The 3-year average PS ratio of 3.0x is lower than the industry's current PS ratio of 5.1x.
Past Earnings Growth
- The earnings for companies in the Aerospace & Defense industry have grown 32% per year over the last three years.
- Revenues for these companies have grown 13% 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 Industrials industry?
| IN Market | -0.0041% | |
| Industrials | 0.036% | |
| Aerospace & Defense | -0.01% | |
| Aerospace and Defense | -0.01% | |
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 | |
|---|---|---|---|---|---|
| MAZDOCK Mazagon Dock Shipbuilders | ₹1.97k | 1.8% +₹6.9b | 209.5% | PE32.9x | |
| GRSE Garden Reach Shipbuilders & Engineers | ₹742.20 | 6.1% +₹4.9b | 65.8% | PE33.4x | |
| APOLLO Apollo Micro Systems | ₹76.20 | 12.0% +₹2.2b | 258.4% | PE106.6x | |
| 522229 Taneja Aerospace and Aviation | ₹235.30 | 9.2% +₹494.9m | 73.3% | PE46.6x | |
| 504176 High Energy Batteries (India) | ₹685.80 | 6.4% +₹370.2m | 141.1% | PE30x |
