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Apr 26
Indian (NIFTY) Agricultural Machinery Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies15
- 7D1.0%
- 3M11.8%
- 1Y55.4%
- YTDn/a
The Agricultural Machinery industry has been flat over the last week, but V.S.T. Tillers Tractors has lost 10%. As for the the longer term, the industry is up 55% over the past 12 months. As for the next few years, earnings are expected to grow by 13% per annum.
Industry Valuation and Performance
Has the Indian Agricultural Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | ₹517.5b | ₹195.4b | ₹14.1b | 28.9x | 36.7x | 2.6x |
| Fri, 05 Apr 2024 | ₹469.1b | ₹195.5b | ₹14.1b | 26.7x | 33.3x | 2.4x |
| Sun, 03 Mar 2024 | ₹454.2b | ₹194.7b | ₹14.0b | 31.4x | 32.4x | 2.3x |
| Tue, 30 Jan 2024 | ₹469.0b | ₹196.2b | ₹13.1b | 26.1x | 35.8x | 2.4x |
| Thu, 28 Dec 2023 | ₹466.9b | ₹196.2b | ₹13.1b | 28.6x | 35.7x | 2.4x |
| Sat, 25 Nov 2023 | ₹498.2b | ₹196.2b | ₹13.1b | 25.7x | 38.1x | 2.5x |
| Mon, 23 Oct 2023 | ₹487.9b | ₹191.3b | ₹11.6b | 32x | 42x | 2.6x |
| Wed, 20 Sep 2023 | ₹479.0b | ₹191.3b | ₹11.6b | 34.7x | 41.3x | 2.5x |
| Fri, 18 Aug 2023 | ₹429.8b | ₹191.2b | ₹11.6b | 30.8x | 37.1x | 2.2x |
| Sun, 16 Jul 2023 | ₹375.0b | ₹185.2b | ₹9.7b | 41.2x | 38.8x | 2x |
| Tue, 13 Jun 2023 | ₹340.1b | ₹185.2b | ₹9.7b | 36.6x | 35.2x | 1.8x |
| Thu, 11 May 2023 | ₹321.4b | ₹200.5b | ₹11.8b | 28.6x | 27.1x | 1.6x |
| Sat, 08 Apr 2023 | ₹294.7b | ₹199.3b | ₹11.7b | 24.7x | 25.2x | 1.5x |
| Mon, 06 Mar 2023 | ₹302.8b | ₹199.3b | ₹11.7b | 24.2x | 25.9x | 1.5x |
| Wed, 01 Feb 2023 | ₹313.1b | ₹190.1b | ₹11.1b | 31.3x | 28.1x | 1.6x |
| Fri, 30 Dec 2022 | ₹318.4b | ₹189.7b | ₹11.1b | 31x | 28.6x | 1.7x |
| Sun, 27 Nov 2022 | ₹311.1b | ₹177.4b | ₹9.4b | 30.8x | 33x | 1.8x |
| Tue, 25 Oct 2022 | ₹277.3b | ₹174.9b | ₹12.2b | 28.4x | 22.8x | 1.6x |
| Thu, 22 Sep 2022 | ₹297.6b | ₹174.9b | ₹12.2b | 28.5x | 24.5x | 1.7x |
| Sat, 20 Aug 2022 | ₹258.9b | ₹174.9b | ₹12.2b | 25.7x | 21.3x | 1.5x |
| Mon, 18 Jul 2022 | ₹244.2b | ₹167.5b | ₹12.8b | 23.3x | 19.1x | 1.5x |
| Wed, 15 Jun 2022 | ₹267.3b | ₹167.5b | ₹12.8b | 26.7x | 20.9x | 1.6x |
| Fri, 13 May 2022 | ₹270.4b | ₹168.0b | ₹11.4b | 20.9x | 23.7x | 1.6x |
| Sun, 10 Apr 2022 | ₹280.4b | ₹168.0b | ₹11.4b | 25x | 24.6x | 1.7x |
| Tue, 08 Mar 2022 | ₹297.6b | ₹168.0b | ₹11.4b | 24.8x | 26.1x | 1.8x |
| Thu, 03 Feb 2022 | ₹292.2b | ₹165.6b | ₹11.9b | 24.6x | 24.6x | 1.8x |
| Sat, 01 Jan 2022 | ₹299.7b | ₹165.9b | ₹11.9b | 23.1x | 25.1x | 1.8x |
| Mon, 29 Nov 2021 | ₹319.3b | ₹165.9b | ₹11.9b | 23.6x | 26.8x | 1.9x |
| Wed, 27 Oct 2021 | ₹224.1b | ₹160.9b | ₹9.9b | 23x | 22.7x | 1.4x |
| Fri, 24 Sep 2021 | ₹215.1b | ₹160.4b | ₹9.8b | 18.3x | 21.9x | 1.3x |
| Sun, 22 Aug 2021 | ₹176.8b | ₹160.4b | ₹9.8b | 19x | 18x | 1.1x |
| Fri, 09 Jul 2021 | ₹176.5b | ₹160.4b | ₹9.8b | 18.9x | 18x | 1.1x |
Price to Earnings Ratio
23.2x
Current Industry PE
- Investors are optimistic on the Indian Agricultural and Farm Machinery industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 36.7x which is higher than its 3-year average PE of 28.1x.
- The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
- The earnings for companies in the Agricultural and Farm Machinery industry have grown 26% per year over the last three years.
- Revenues for these companies have grown 9.9% 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 Agricultural Machinery compare with similar industries?
| IN Market | -1.98% | |
| Industrials | -2.50% | |
| Machinery | -0.84% | |
| Agricultural Machinery | 0.99% | |
| Industrial Machinery | -0.89% | |
| Construction Machinery and Vehicles | -1.07% | |
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 | |
|---|---|---|---|---|---|
| ESCORTS Escorts Kubota | ₹3.54k | 5.4% +₹19.8b | 72.8% | PE38.5x | |
| 500219 Jain Irrigation Systems | ₹68.31 | 9.3% +₹4.1b | 67.8% | PS0.8x | |
| SONAMAC Sona Machinery | ₹161.85 | 15.0% +₹288.9m | n/a | PE28.8x | |
| RMDRIP R M Drip and Sprinklers Systems | ₹135.00 | 5.0% +₹97.3m | 159.9% | PE47.7x | |
| 530267 Arigato Universe | ₹74.02 | 14.7% +₹57.7m | 323.0% | PE222.3x |