Indian (NIFTY) Heavy Electrical Equipment Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies15
- 7D-2.7%
- 3M6.4%
- 1Y67.6%
- YTD70.4%
Over the last 7 days, the Heavy Electrical Equipment industry has dropped 2.7%, driven by Hitachi Energy India declining 3.3%. Over the past 12 months, the industry was up 68%. Earnings are forecast to grow by 37% annually.
Industry Valuation and Performance
Has the Indian Heavy Electrical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | ₹2.3t | ₹531.4b | ₹21.3b | 57.4x | 108.8x | 4.4x |
| Wed, 27 Sep 2023 | ₹2.3t | ₹525.0b | ₹19.8b | 62.2x | 115.7x | 4.4x |
| Fri, 25 Aug 2023 | ₹2.2t | ₹524.9b | ₹19.7b | 54.6x | 112.1x | 4.2x |
| Sun, 23 Jul 2023 | ₹2.1t | ₹511.9b | ₹41.7b | 40.9x | 49.4x | 4x |
| Tue, 20 Jun 2023 | ₹1.9t | ₹511.0b | ₹41.5b | 31.4x | 46.9x | 3.8x |
| Thu, 18 May 2023 | ₹1.6t | ₹453.8b | ₹10.3b | 28.3x | 155.7x | 3.6x |
| Sat, 15 Apr 2023 | ₹1.3t | ₹447.4b | ₹8.3b | 27.3x | 161.9x | 3x |
| Mon, 13 Mar 2023 | ₹1.4t | ₹447.4b | ₹8.3b | 25.1x | 168.4x | 3.1x |
| Wed, 08 Feb 2023 | ₹1.3t | ₹439.3b | ₹6.6b | 29.4x | 190.9x | 2.9x |
| Fri, 06 Jan 2023 | ₹1.2t | ₹438.0b | ₹6.6b | 35.8x | 186.7x | 2.8x |
| Sun, 04 Dec 2022 | ₹1.3t | ₹439.1b | ₹8.7b | 36.2x | 151.5x | 3x |
| Tue, 01 Nov 2022 | ₹1.3t | ₹438.3b | ₹10.2b | 34.4x | 126x | 2.9x |
| Thu, 29 Sep 2022 | ₹1.2t | ₹437.9b | ₹10.2b | 36.9x | 118.3x | 2.7x |
| Sat, 27 Aug 2022 | ₹1.2t | ₹437.7b | ₹10.2b | 27x | 121x | 2.8x |
| Mon, 25 Jul 2022 | ₹1.1t | ₹411.2b | ₹7.8b | 26.8x | 136.2x | 2.6x |
| Wed, 22 Jun 2022 | ₹911.4b | ₹411.2b | ₹8.2b | 25.2x | 111.5x | 2.2x |
| Fri, 20 May 2022 | ₹933.8b | ₹404.5b | -₹9,248,229,553.00 | 19.7x | -101x | 2.3x |
| Sun, 17 Apr 2022 | ₹978.4b | ₹400.1b | -₹8,846,261,553.00 | 24.6x | -110.6x | 2.4x |
| Tue, 15 Mar 2022 | ₹907.9b | ₹400.1b | -₹8,846,261,553.00 | 21.5x | -102.6x | 2.3x |
| Thu, 10 Feb 2022 | ₹971.6b | ₹397.3b | -₹10,233,984,553.00 | 25.5x | -94.9x | 2.4x |
| Sat, 08 Jan 2022 | ₹953.1b | ₹391.4b | -₹12,244,997,553.00 | 28.1x | -77.8x | 2.4x |
| Mon, 06 Dec 2021 | ₹934.9b | ₹391.4b | -₹12,244,997,553.00 | 26.9x | -76.3x | 2.4x |
| Wed, 03 Nov 2021 | ₹953.8b | ₹375.5b | -₹19,429,625,553.00 | 33.9x | -49.1x | 2.5x |
| Fri, 01 Oct 2021 | ₹872.3b | ₹375.7b | -₹22,922,903,707.00 | 48.1x | -38.1x | 2.3x |
| Sun, 29 Aug 2021 | ₹816.0b | ₹375.7b | -₹22,922,903,707.00 | 39.6x | -35.6x | 2.2x |
| Mon, 05 Jul 2021 | ₹818.2b | ₹375.7b | -₹22,922,903,707.00 | 37.1x | -35.7x | 2.2x |
| Thu, 08 Apr 2021 | ₹623.0b | ₹347.5b | -₹27,874,504,882.00 | 27x | -22.4x | 1.8x |
| Sun, 10 Jan 2021 | ₹522.7b | ₹318.8b | -₹35,219,088,270.00 | 28.3x | -14.8x | 1.6x |
Price to Earnings Ratio
-12.5x
Current Industry PE
- Investors are optimistic on the Indian Heavy Electrical Equipment industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 109x which is higher than its 3-year average PE of 37.6x.
- The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 4.4x.
Past Earnings Growth
- Total earnings for the Heavy Electrical Equipment industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 15% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Indian Heavy Electrical Equipment compare with similar industries?
| IN Market | -2.60% | |
| Industrials | -3.30% | |
| Electrical | -2.90% | |
| Heavy Electrical Equipment | -2.75% | |
| Electrical Components | -2.99% | |
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 | |
|---|---|---|---|---|---|
| 500002 ABB India | ₹4.07k | 3.5% +₹29.5b | 33.5% | PE64.5x | |
| 500103 Bharat Heavy Electricals | ₹120.60 | 2.7% +₹11.1b | 62.9% | PE130.6x | |
| INOXWIND Inox Wind | ₹223.65 | 10.2% +₹6.7b | 50.2% | PS6.4x | |
| IWEL Inox Wind Energy | ₹2.77k | 11.5% +₹3.4b | 167.8% | PS2.9x | |
| 505700 Elecon Engineering | ₹804.95 | 3.5% +₹3.1b | 113.5% | PE30.9x |