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Apr 03
Indian (NIFTY) Industrial Machinery Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies160
- 7D-0.9%
- 3M11.4%
- 1Y49.7%
- YTDn/a
The Industrial Machinery is pretty flat in the last 7 days, but Schaeffler India has stood out, gaining 3.6%. The past year has been better, since the industry has gained 50% in that time. 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 |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | ₹5.2t | ₹1.1t | ₹106.8b | 39.5x | 48.9x | 4.7x |
| Fri, 05 Apr 2024 | ₹4.9t | ₹1.1t | ₹106.3b | 36.1x | 46.1x | 4.4x |
| Sun, 03 Mar 2024 | ₹4.4t | ₹1.1t | ₹104.9b | 34.7x | 42.4x | 4.1x |
| Tue, 30 Jan 2024 | ₹4.4t | ₹1.1t | ₹102.1b | 33.7x | 42.8x | 4.1x |
| Thu, 28 Dec 2023 | ₹4.3t | ₹1.1t | ₹103.3b | 32.1x | 41.7x | 4x |
| Sat, 25 Nov 2023 | ₹3.9t | ₹1.1t | ₹99.4b | 31.1x | 39.1x | 3.7x |
| Mon, 23 Oct 2023 | ₹4.0t | ₹1.0t | ₹98.1b | 29.8x | 40.7x | 3.9x |
| Wed, 20 Sep 2023 | ₹3.9t | ₹1.0t | ₹97.9b | 28.7x | 40x | 3.8x |
| Fri, 18 Aug 2023 | ₹3.8t | ₹1.0t | ₹98.0b | 27.9x | 38.6x | 3.7x |
| Sun, 16 Jul 2023 | ₹3.7t | ₹1.0t | ₹93.8b | 28.3x | 39.4x | 3.7x |
| Tue, 13 Jun 2023 | ₹3.5t | ₹1.0t | ₹93.3b | 26.8x | 37.7x | 3.5x |
| Thu, 11 May 2023 | ₹3.2t | ₹961.5b | ₹86.8b | 26.5x | 36.7x | 3.3x |
| Sat, 08 Apr 2023 | ₹3.2t | ₹957.0b | ₹86.3b | 23.1x | 36.5x | 3.3x |
| Mon, 06 Mar 2023 | ₹3.1t | ₹957.0b | ₹86.3b | 22.5x | 35.4x | 3.2x |
| Wed, 01 Feb 2023 | ₹3.0t | ₹919.9b | ₹79.7b | 24.3x | 37.4x | 3.2x |
| Fri, 30 Dec 2022 | ₹3.0t | ₹912.8b | ₹77.1b | 24.7x | 38.4x | 3.2x |
| Sun, 27 Nov 2022 | ₹3.2t | ₹912.9b | ₹77.1b | 25.9x | 41.2x | 3.5x |
| Tue, 25 Oct 2022 | ₹3.1t | ₹875.8b | ₹72.3b | 26.6x | 42.5x | 3.5x |
| Thu, 22 Sep 2022 | ₹3.2t | ₹854.0b | ₹69.9b | 25.9x | 45.3x | 3.7x |
| Sat, 20 Aug 2022 | ₹2.9t | ₹853.8b | ₹69.7b | 23.9x | 41.8x | 3.4x |
| Mon, 18 Jul 2022 | ₹2.6t | ₹791.4b | ₹61.8b | 23.7x | 41.6x | 3.2x |
| Wed, 15 Jun 2022 | ₹2.4t | ₹789.6b | ₹61.6b | 22.9x | 39.1x | 3.1x |
| Fri, 13 May 2022 | ₹2.3t | ₹758.4b | ₹58.8b | 21.6x | 38.5x | 3x |
| Sun, 10 Apr 2022 | ₹2.5t | ₹753.6b | ₹58.1b | 21.6x | 42.5x | 3.3x |
| Tue, 08 Mar 2022 | ₹2.2t | ₹753.6b | ₹58.1b | 19.1x | 38.3x | 3x |
| Thu, 03 Feb 2022 | ₹2.6t | ₹725.8b | ₹58.0b | 24.6x | 44.2x | 3.5x |
| Sat, 01 Jan 2022 | ₹2.4t | ₹721.0b | ₹58.1b | 21.9x | 41.2x | 3.3x |
| Mon, 29 Nov 2021 | ₹2.2t | ₹715.4b | ₹56.8b | 18.9x | 38.6x | 3.1x |
| Wed, 27 Oct 2021 | ₹2.1t | ₹670.3b | ₹51.7b | 22.7x | 39.9x | 3.1x |
| Fri, 24 Sep 2021 | ₹2.2t | ₹696.2b | ₹54.8b | 23.7x | 40.3x | 3.2x |
| Sun, 22 Aug 2021 | ₹2.0t | ₹710.8b | ₹52.8b | 20.7x | 37.9x | 2.8x |
| Fri, 09 Jul 2021 | ₹1.9t | ₹703.1b | ₹51.6b | 20.2x | 37.8x | 2.8x |
Price to Earnings Ratio
43.3x
Current Industry PE
- Investors are optimistic on the Indian Industrial Machinery industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 48.9x which is higher than its 3-year average PE of 40.5x.
- The 3-year average PS ratio of 3.4x is lower than the industry's current PS ratio of 4.7x.
Past Earnings Growth
- The earnings for companies in the Industrial Machinery industry have grown 37% per year over the last three years.
- Revenues for these companies have grown 21% 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 | -1.98% | |
| Industrials | -2.50% | |
| Machinery | -0.84% | |
| Industrial Machinery | -0.89% | |
| Agricultural Machinery | 0.99% | |
| 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 | |
|---|---|---|---|---|---|
| 505790 Schaeffler India | ₹3.85k | 4.4% +₹25.3b | 36.3% | PE66.9x | |
| INGERRAND Ingersoll-Rand (India) | ₹4.40k | 10.0% +₹12.6b | 78.4% | PE61.5x | |
| 500241 Kirloskar Brothers | ₹1.38k | 5.2% +₹5.5b | 226.8% | PE37.1x | |
| TEGA Tega Industries | ₹1.57k | 4.5% +₹4.5b | 134.2% | PE57.4x | |
| 506076 Grindwell Norton | ₹2.15k | 1.8% +₹4.3b | 13.3% | PE62.1x |