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Indian (NIFTY) Heavy Electrical Equipment Industry Analysis
UpdatedMay 09, 2024
DataAggregated Company Financials
Companies18
- 7D1.2%
- 3M25.3%
- 1Y159.2%
- YTDn/a
Over the last 7 days, the Heavy Electrical Equipment industry has risen 1.2%, driven by gains from ABB India of 4.6%. In the same time, Bharat Heavy Electricals was down 6.7%. In the last 12 months, the industry was up 159%. As for the next few years, earnings are expected to grow by 54% per annum.
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 |
|---|---|---|---|---|---|---|
| Thu, 09 May 2024 | ₹4.4t | ₹573.1b | ₹27.2b | 63x | 161.2x | 7.6x |
| Sat, 06 Apr 2024 | ₹4.0t | ₹559.6b | ₹23.8b | 52.4x | 169.7x | 7.2x |
| Mon, 04 Mar 2024 | ₹3.7t | ₹559.6b | ₹23.8b | 65.6x | 156.2x | 6.6x |
| Wed, 31 Jan 2024 | ₹5.0t | ₹545.3b | ₹19.1b | 66.1x | 259.8x | 9.1x |
| Fri, 29 Dec 2023 | ₹3.0t | ₹541.6b | ₹18.6b | 57.6x | 163x | 5.6x |
| Sun, 26 Nov 2023 | ₹2.7t | ₹540.6b | ₹18.5b | 56.7x | 147x | 5x |
| Tue, 24 Oct 2023 | ₹2.3t | ₹526.0b | ₹20.0b | 53.1x | 114.7x | 4.4x |
| Thu, 21 Sep 2023 | ₹2.3t | ₹525.0b | ₹19.8b | 62.4x | 117.1x | 4.4x |
| Sat, 19 Aug 2023 | ₹2.1t | ₹524.9b | ₹19.7b | 51.9x | 107.5x | 4x |
| Mon, 17 Jul 2023 | ₹2.1t | ₹511.9b | ₹41.8b | 35.2x | 49.1x | 4x |
| Wed, 14 Jun 2023 | ₹1.9t | ₹511.0b | ₹41.5b | 31.1x | 46.5x | 3.8x |
| Fri, 12 May 2023 | ₹1.6t | ₹453.8b | ₹10.3b | 26.4x | 153.3x | 3.5x |
| Sun, 09 Apr 2023 | ₹1.4t | ₹447.4b | ₹8.3b | 27.1x | 164.8x | 3x |
| Tue, 07 Mar 2023 | ₹1.4t | ₹447.4b | ₹8.3b | 24.8x | 164.8x | 3x |
| Thu, 02 Feb 2023 | ₹1.2t | ₹440.4b | ₹7.1b | 29.7x | 169.5x | 2.7x |
| Sat, 31 Dec 2022 | ₹1.2t | ₹438.0b | ₹6.6b | 33.9x | 182.3x | 2.8x |
| Mon, 28 Nov 2022 | ₹1.3t | ₹439.1b | ₹8.7b | 33.6x | 149.9x | 3x |
| Wed, 26 Oct 2022 | ₹1.3t | ₹438.3b | ₹10.2b | 34.2x | 125.5x | 2.9x |
| Fri, 23 Sep 2022 | ₹1.3t | ₹437.7b | ₹10.2b | 34.9x | 123.3x | 2.9x |
| Sun, 21 Aug 2022 | ₹1.1t | ₹437.7b | ₹10.2b | 25.9x | 112.3x | 2.6x |
| Tue, 19 Jul 2022 | ₹1.0t | ₹411.2b | ₹8.2b | 26.3x | 125.4x | 2.5x |
| Thu, 16 Jun 2022 | ₹948.3b | ₹411.2b | ₹8.2b | 26.6x | 116x | 2.3x |
| Sat, 14 May 2022 | ₹925.3b | ₹403.4b | -₹9,438,368,553.00 | 21.1x | -98x | 2.3x |
| Mon, 11 Apr 2022 | ₹981.1b | ₹400.1b | -₹8,846,261,553.00 | 21.9x | -110.9x | 2.5x |
| Wed, 09 Mar 2022 | ₹895.7b | ₹396.1b | -₹10,160,061,553.00 | 19.6x | -88.2x | 2.3x |
| Fri, 04 Feb 2022 | ₹1.0t | ₹397.1b | -₹10,225,336,553.00 | 25.6x | -99x | 2.5x |
| Sun, 02 Jan 2022 | ₹958.2b | ₹391.4b | -₹12,244,997,553.00 | 29.1x | -78.3x | 2.4x |
| Tue, 30 Nov 2021 | ₹908.7b | ₹391.4b | -₹12,244,997,553.00 | 26.9x | -74.2x | 2.3x |
| Thu, 28 Oct 2021 | ₹895.5b | ₹374.7b | -₹21,057,594,553.00 | 50x | -42.5x | 2.4x |
| Sat, 25 Sep 2021 | ₹832.7b | ₹375.7b | -₹22,922,903,707.00 | 39.9x | -36.3x | 2.2x |
| Mon, 23 Aug 2021 | ₹749.0b | ₹375.7b | -₹22,922,903,707.00 | 38.4x | -32.7x | 2x |
| Sat, 10 Jul 2021 | ₹818.2b | ₹375.7b | -₹22,922,903,707.00 | 37.1x | -35.7x | 2.2x |
Price to Earnings Ratio
-28.4x
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 161x which is higher than its 3-year average PE of 69.9x.
- The 3-year average PS ratio of 3.4x is lower than the industry's current PS ratio of 7.6x.
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 18% 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 | -1.48% | |
| Industrials | -1.28% | |
| Electrical | 0.66% | |
| Heavy Electrical Equipment | 1.15% | |
| Electrical Components | 0.25% | |
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 | ₹6.99k | 4.6% +₹65.6b | 81.0% | PE118.7x | |
| 544150 KP Green Engineering | ₹650.55 | 21.5% +₹5.8b | n/a | PE91.9x | |
| 517467 Marsons | ₹56.56 | 10.3% +₹742.0m | 749.2% | PE237.2x | |
| 531215 RTS Power | ₹271.15 | 7.3% +₹168.2m | 102.9% | PE52.8x | |
| 533203 Tarapur Transformers | ₹12.20 | 10.2% +₹22.0m | 113.3% | PS65.6x |
