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Apr 25
Indian (NIFTY) Capital Markets Industry Analysis
UpdatedMay 09, 2024
DataAggregated Company Financials
Companies285
- 7D-2.5%
- 3M4.6%
- 1Y96.0%
- YTD14.7%
Over the last 7 days, the Capital Markets industry has dropped 2.5%, driven by HDFC Asset Management declining 8.2%. In the past year, the industry has gained 96%. Looking forward, earnings are forecast to grow by 12% annually.
Industry Valuation and Performance
Has the Indian Capital Markets Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 09 May 2024 | ₹6.3t | ₹1.2t | ₹309.7b | 24x | 20.5x | 5.5x |
| Sat, 06 Apr 2024 | ₹6.2t | ₹1.1t | ₹301.8b | 23.2x | 20.5x | 5.6x |
| Mon, 04 Mar 2024 | ₹6.2t | ₹1.1t | ₹296.7b | 23.9x | 20.8x | 5.7x |
| Wed, 31 Jan 2024 | ₹5.7t | ₹1.0t | ₹265.2b | 24.3x | 21.6x | 5.5x |
| Fri, 29 Dec 2023 | ₹5.4t | ₹1.0t | ₹251.6b | 22.6x | 21.4x | 5.3x |
| Sun, 26 Nov 2023 | ₹5.0t | ₹1.0t | ₹251.6b | 21.7x | 19.9x | 4.9x |
| Tue, 24 Oct 2023 | ₹4.5t | ₹1.1t | ₹249.7b | 23.4x | 17.9x | 4.2x |
| Thu, 21 Sep 2023 | ₹4.0t | ₹998.4b | ₹222.1b | 23.6x | 17.8x | 4x |
| Sat, 19 Aug 2023 | ₹3.7t | ₹997.8b | ₹221.6b | 20.9x | 16.8x | 3.7x |
| Mon, 17 Jul 2023 | ₹3.6t | ₹999.8b | ₹204.1b | 25.1x | 17.4x | 3.6x |
| Wed, 14 Jun 2023 | ₹3.2t | ₹1.0t | ₹202.8b | 23.5x | 16x | 3.2x |
| Fri, 12 May 2023 | ₹3.0t | ₹987.3b | ₹173.8b | 21.8x | 17.5x | 3.1x |
| Sun, 09 Apr 2023 | ₹2.9t | ₹992.3b | ₹161.2b | 18.9x | 17.8x | 2.9x |
| Tue, 07 Mar 2023 | ₹2.9t | ₹990.8b | ₹161.2b | 19.9x | 18.1x | 2.9x |
| Thu, 02 Feb 2023 | ₹2.9t | ₹1.0t | ₹160.3b | 20.8x | 18.3x | 2.9x |
| Sat, 31 Dec 2022 | ₹3.1t | ₹1.0t | ₹159.7b | 21.8x | 19.3x | 3x |
| Mon, 28 Nov 2022 | ₹3.1t | ₹1.0t | ₹160.0b | 19.9x | 19.3x | 3x |
| Wed, 26 Oct 2022 | ₹3.0t | ₹1.0t | ₹160.2b | 20.8x | 19x | 3x |
| Fri, 23 Sep 2022 | ₹3.1t | ₹1.0t | ₹161.8b | 21.1x | 19.1x | 3.1x |
| Sun, 21 Aug 2022 | ₹3.0t | ₹1.0t | ₹163.9b | 20.8x | 18.2x | 3x |
| Tue, 19 Jul 2022 | ₹2.8t | ₹957.5b | ₹165.0b | 17.9x | 16.7x | 2.9x |
| Thu, 16 Jun 2022 | ₹2.8t | ₹957.8b | ₹164.2b | 17.6x | 16.8x | 2.9x |
| Sat, 14 May 2022 | ₹2.8t | ₹1.0t | ₹161.8b | 16.7x | 17.2x | 2.7x |
| Mon, 11 Apr 2022 | ₹3.4t | ₹1.0t | ₹160.0b | 16.5x | 21.5x | 3.4x |
| Wed, 09 Mar 2022 | ₹2.9t | ₹1.0t | ₹162.0b | 15.5x | 18x | 2.9x |
| Fri, 04 Feb 2022 | ₹3.4t | ₹966.7b | ₹160.0b | 17.6x | 21x | 3.5x |
| Sun, 02 Jan 2022 | ₹3.4t | ₹954.6b | ₹155.1b | 17.7x | 21.7x | 3.5x |
| Tue, 30 Nov 2021 | ₹3.3t | ₹948.9b | ₹154.5b | 14.9x | 21x | 3.4x |
| Thu, 28 Oct 2021 | ₹3.5t | ₹836.9b | ₹140.0b | 17.6x | 24.7x | 4.1x |
| Sat, 25 Sep 2021 | ₹3.3t | ₹817.0b | ₹131.4b | 17.3x | 25.1x | 4x |
| Mon, 23 Aug 2021 | ₹3.0t | ₹827.1b | ₹131.4b | 16x | 22.5x | 3.6x |
| Sat, 10 Jul 2021 | ₹2.8t | ₹827.1b | ₹131.4b | 14.5x | 21.5x | 3.4x |
Price to Earnings Ratio
23.4x
Current Industry PE
- Investors are relatively neutral on the Indian Capital Markets 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 19.8x.
- The 3-year average PS ratio of 3.7x is lower than the industry's current PS ratio of 5.5x.
Past Earnings Growth
- The earnings for companies in the Capital Markets industry have grown 39% per year over the last three years.
- Revenues for these companies have grown 16% 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 Financials industry?
| IN Market | -1.48% | |
| Financials | -2.98% | |
| Capital Markets | -2.55% | |
| Financial Exchanges and Data | -1.91% | |
| Asset Management | -2.42% | |
| Investment Banking and Brokerage | -3.05% | |
| Diversified Capital Markets | -3.96% | |
Industry PE
- Investors are most optimistic about the Financial Exchanges and Data industry which is trading above its 3-year average PE ratio of 45.4x.
- Analysts are expecting annual earnings growth of 17.1%, which is higher than its past year's earnings growth of 10.6% per year.
- Investors are most pessimistic about the Diversified Capital Markets industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 10.1x.
Forecasted Growth
- Analysts are most optimistic on the Financial Exchanges and Data industry, expecting annual earnings growth of 17% over the next 5 years.
- This is better than its past earnings growth rate of 11% per year.
- In contrast, the Diversified Capital Markets industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 501301 Tata Investment | ₹6.83k | 4.1% +₹13.6b | 215.4% | PE100.3x | |
| WEALTH Wealth First Portfolio Managers | ₹927.80 | 22.1% +₹1.8b | 227.4% | PE23.2x | |
| 505526 Dolat Algotech | ₹127.45 | 6.9% +₹1.4b | 158.9% | PE14.3x | |
| 544141 Pune E - Stock Broking | ₹166.75 | 15.0% +₹339.6m | n/a | PE28.9x | |
| 523558 Swiss Military Consumer Goods | ₹28.90 | 5.2% +₹281.1m | 106.4% | PE74.4x |