Is Now The Time To Put Engineers India (NSE:ENGINERSIN) On Your Watchlist?
Apr 26
Indian (NIFTY) Construction and Engineering Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies146
- 7D-3.5%
- 3M3.5%
- 1Y71.4%
- YTDn/a
Over the last 7 days, the Construction and Engineering industry has dropped 3.5%, driven by a pullback from Larsen & Toubro of 4.5%. In contrast, Waaree Renewable Technologies has gained 21%. This takes the industry's 12 month performance to a gain of 71%. As for the next few years, earnings are expected to grow by 24% per annum.
Industry Valuation and Performance
Has the Indian Construction and Engineering Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | ₹9.5t | ₹4.6t | ₹270.7b | 26.8x | 35.2x | 2.1x |
| Fri, 05 Apr 2024 | ₹9.6t | ₹4.5t | ₹271.2b | 27.3x | 35.5x | 2.1x |
| Sun, 03 Mar 2024 | ₹9.1t | ₹4.5t | ₹269.9b | 27.8x | 33.7x | 2x |
| Tue, 30 Jan 2024 | ₹9.2t | ₹4.4t | ₹262.2b | 26.1x | 35x | 2.1x |
| Thu, 28 Dec 2023 | ₹8.2t | ₹4.4t | ₹261.9b | 23.6x | 31.1x | 1.8x |
| Sat, 25 Nov 2023 | ₹7.3t | ₹4.4t | ₹261.9b | 22.4x | 27.7x | 1.6x |
| Mon, 23 Oct 2023 | ₹7.1t | ₹4.3t | ₹241.8b | 23.8x | 29.4x | 1.7x |
| Wed, 20 Sep 2023 | ₹7.0t | ₹4.3t | ₹247.1b | 23.1x | 28.5x | 1.6x |
| Fri, 18 Aug 2023 | ₹6.4t | ₹4.3t | ₹245.3b | 20.8x | 25.9x | 1.5x |
| Sun, 16 Jul 2023 | ₹5.9t | ₹4.1t | ₹233.3b | 20.7x | 25.3x | 1.4x |
| Tue, 13 Jun 2023 | ₹5.6t | ₹4.1t | ₹231.6b | 19.7x | 24.2x | 1.4x |
| Thu, 11 May 2023 | ₹5.6t | ₹4.0t | ₹212.0b | 20.1x | 26.2x | 1.4x |
| Sat, 08 Apr 2023 | ₹5.2t | ₹4.0t | ₹202.9b | 19.1x | 25.8x | 1.3x |
| Mon, 06 Mar 2023 | ₹5.1t | ₹4.0t | ₹202.8b | 18.8x | 25x | 1.3x |
| Wed, 01 Feb 2023 | ₹5.1t | ₹3.9t | ₹201.7b | 19.3x | 25.1x | 1.3x |
| Fri, 30 Dec 2022 | ₹5.0t | ₹3.9t | ₹192.9b | 19.6x | 25.9x | 1.3x |
| Sun, 27 Nov 2022 | ₹4.8t | ₹3.8t | ₹186.1b | 18.8x | 25.9x | 1.3x |
| Tue, 25 Oct 2022 | ₹4.4t | ₹3.7t | ₹160.1b | 19x | 27.3x | 1.2x |
| Thu, 22 Sep 2022 | ₹4.5t | ₹3.7t | ₹159.9b | 19.4x | 27.9x | 1.2x |
| Sat, 20 Aug 2022 | ₹4.5t | ₹3.7t | ₹159.7b | 18.6x | 28.2x | 1.2x |
| Mon, 18 Jul 2022 | ₹4.0t | ₹3.5t | ₹144.8b | 18.6x | 27.9x | 1.2x |
| Wed, 15 Jun 2022 | ₹3.8t | ₹3.5t | ₹147.4b | 17.5x | 25.7x | 1.1x |
| Fri, 13 May 2022 | ₹3.9t | ₹3.4t | ₹107.4b | 16.5x | 35.9x | 1.1x |
| Sun, 10 Apr 2022 | ₹4.5t | ₹3.4t | ₹106.5b | 19.4x | 42.6x | 1.3x |
| Tue, 08 Mar 2022 | ₹4.0t | ₹3.4t | ₹106.5b | 18x | 37.6x | 1.2x |
| Thu, 03 Feb 2022 | ₹4.9t | ₹3.4t | ₹117.3b | 20.6x | 41.4x | 1.4x |
| Sat, 01 Jan 2022 | ₹4.5t | ₹3.4t | ₹119.4b | 19.3x | 38.1x | 1.3x |
| Mon, 29 Nov 2021 | ₹4.3t | ₹3.4t | ₹122.2b | 17.2x | 35.5x | 1.3x |
| Wed, 27 Oct 2021 | ₹4.5t | ₹3.3t | ₹111.7b | 19.3x | 40.4x | 1.4x |
| Fri, 24 Sep 2021 | ₹4.4t | ₹3.3t | ₹114.7b | 17.5x | 38.3x | 1.3x |
| Sun, 22 Aug 2021 | ₹3.9t | ₹3.3t | ₹116.2b | 17x | 33.7x | 1.2x |
| Fri, 09 Jul 2021 | ₹3.7t | ₹3.2t | ₹105.6b | 15.4x | 35.5x | 1.2x |
Price to Earnings Ratio
41.3x
Current Industry PE
- Investors are optimistic on the Indian Construction and Engineering industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 35.2x which is higher than its 3-year average PE of 31.4x.
- The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Construction and Engineering industry have grown 46% per year over the last three years.
- Revenues for these companies have grown 15% 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 Construction and Engineering compare with similar industries?
| IN Market | -1.98% | |
| Industrials | -2.50% | |
| Construction | -3.51% | |
| Construction and Engineering | -3.51% | |
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 | |
|---|---|---|---|---|---|
| 534618 Waaree Renewable Technologies | ₹2.84k | 14.5% +₹37.5b | 1,371.1% | PE278.5x | |
| SWSOLAR Sterling and Wilson Renewable Energy | ₹740.60 | 12.9% +₹19.7b | 150.2% | PS5.7x | |
| ORIANA Oriana Power | ₹2.14k | 40.1% +₹11.7b | n/a | PE75.5x | |
| 543971 Bondada Engineering | ₹1.70k | 13.8% +₹4.5b | n/a | PE81.9x | |
| KPIL Kalpataru Projects International | ₹1.24k | 1.5% +₹2.9b | 132.6% | PE40.3x |
