Indian (NIFTY) Industrial Machinery Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies150
- 7D-3.8%
- 3M-0.03%
- 1Y26.1%
- YTD28.2%
Over the last 7 days, the Industrial Machinery industry has dropped 3.8%, driven by Schaeffler India declining 3.2%. This takes the industry's 12 month performance to a gain of 26%. Looking forward, earnings are forecast to grow by 16% annually.
Industry Valuation and Performance
Has the Indian Industrial Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | ₹3.8t | ₹1.0t | ₹98.1b | 29.8x | 39.2x | 3.7x |
| Wed, 27 Sep 2023 | ₹3.9t | ₹1.0t | ₹97.9b | 28.1x | 39.6x | 3.7x |
| Fri, 25 Aug 2023 | ₹3.9t | ₹1.0t | ₹98.0b | 28.5x | 39.3x | 3.7x |
| Sun, 23 Jul 2023 | ₹3.7t | ₹1.0t | ₹93.7b | 27.6x | 39.7x | 3.7x |
| Tue, 20 Jun 2023 | ₹3.6t | ₹1.0t | ₹93.3b | 27x | 38.6x | 3.6x |
| Thu, 18 May 2023 | ₹3.3t | ₹968.2b | ₹87.6b | 27.3x | 37.5x | 3.4x |
| Sat, 15 Apr 2023 | ₹3.2t | ₹957.0b | ₹86.3b | 24.5x | 36.8x | 3.3x |
| Mon, 13 Mar 2023 | ₹3.1t | ₹957.0b | ₹86.3b | 23.3x | 35.8x | 3.2x |
| Wed, 08 Feb 2023 | ₹3.0t | ₹932.7b | ₹81.0b | 23x | 36.9x | 3.2x |
| Fri, 06 Jan 2023 | ₹3.0t | ₹912.8b | ₹77.1b | 25.4x | 38.6x | 3.3x |
| Sun, 04 Dec 2022 | ₹3.2t | ₹912.9b | ₹77.1b | 24.9x | 41.2x | 3.5x |
| Tue, 01 Nov 2022 | ₹3.1t | ₹876.1b | ₹72.3b | 25.2x | 42.4x | 3.5x |
| Thu, 29 Sep 2022 | ₹3.0t | ₹867.0b | ₹70.8b | 25.9x | 42.8x | 3.5x |
| Sat, 27 Aug 2022 | ₹3.0t | ₹853.6b | ₹69.7b | 24.7x | 43.7x | 3.6x |
| Mon, 25 Jul 2022 | ₹2.7t | ₹791.1b | ₹62.0b | 24.6x | 42.8x | 3.4x |
| Wed, 22 Jun 2022 | ₹2.4t | ₹789.6b | ₹61.6b | 21.8x | 38.2x | 3x |
| Fri, 20 May 2022 | ₹2.3t | ₹768.0b | ₹60.8b | 22.9x | 38.1x | 3x |
| Sun, 17 Apr 2022 | ₹2.5t | ₹753.6b | ₹58.1b | 23x | 43x | 3.3x |
| Tue, 15 Mar 2022 | ₹2.3t | ₹753.6b | ₹58.1b | 19.1x | 40.4x | 3.1x |
| Thu, 10 Feb 2022 | ₹2.5t | ₹739.7b | ₹58.6b | 23.9x | 42.3x | 3.3x |
| Sat, 08 Jan 2022 | ₹2.5t | ₹721.6b | ₹58.1b | 24.7x | 43x | 3.5x |
| Mon, 06 Dec 2021 | ₹2.3t | ₹715.5b | ₹56.8b | 19.2x | 39.8x | 3.2x |
| Wed, 03 Nov 2021 | ₹2.1t | ₹692.3b | ₹53.5b | 22.5x | 39.4x | 3x |
| Fri, 01 Oct 2021 | ₹2.2t | ₹696.4b | ₹54.9b | 24x | 40.2x | 3.2x |
| Sun, 29 Aug 2021 | ₹2.1t | ₹710.8b | ₹52.8b | 21x | 39.7x | 2.9x |
| Mon, 05 Jul 2021 | ₹1.9t | ₹703.1b | ₹51.6b | 20.2x | 37.8x | 2.8x |
| Thu, 08 Apr 2021 | ₹1.6t | ₹634.9b | ₹41.6b | 18.4x | 39.3x | 2.6x |
| Sun, 10 Jan 2021 | ₹1.3t | ₹583.8b | ₹33.5b | 24.7x | 39.7x | 2.3x |
Price to Earnings Ratio
37x
Current Industry PE
- Investors are relatively neutral on the Indian Industrial Machinery 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 40.1x.
- The 3-year average PS ratio of 3.1x is lower than the industry's current PS ratio of 3.7x.
Past Earnings Growth
- The earnings for companies in the Industrial Machinery industry have grown 49% per year over the last three years.
- Revenues for these companies have grown 22% 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 Industrial Machinery compare with similar industries?
| IN Market | -2.60% | |
| Industrials | -3.30% | |
| Machinery | -3.42% | |
| Industrial Machinery | -3.83% | |
| Construction Machinery and Vehicles | -2.58% | |
| Agricultural Machinery | -3.21% | |
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 | |
|---|---|---|---|---|---|
| AIAENG AIA Engineering | ₹3.49k | 2.5% +₹7.9b | 30.2% | PE28.9x | |
| ELGIEQUIP Elgi Equipments | ₹501.20 | 5.1% +₹7.7b | 3.4% | PE41.5x | |
| 506076 Grindwell Norton | ₹2.13k | 2.6% +₹6.0b | 0.9% | PE64.4x | |
| ANUP Anup Engineering | ₹2.46k | 16.7% +₹3.5b | 191.2% | PE37.6x | |
| ESABINDIA ESAB India | ₹5.71k | 3.7% +₹3.1b | 69.9% | PE57.6x |