Intellect Design Arena (NSE:INTELLECT) Is Looking To Continue Growing Its Returns On Capital
May 07
Indian (NIFTY) Application Software Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies55
- 7D-1.6%
- 3M-0.7%
- 1Y85.7%
- YTDn/a
Over the last 7 days, the Application Software industry has dropped 1.6%, driven by a pullback from Intellect Design Arena of 4.5%. In the past year, the industry has gained 86%. Earnings are forecast to grow by 16% annually.
Industry Valuation and Performance
Has the Indian Application Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | ₹1.5t | ₹272.1b | ₹46.4b | 32.9x | 32.8x | 5.6x |
| Fri, 05 Apr 2024 | ₹1.7t | ₹268.5b | ₹45.4b | 35.7x | 36.4x | 6.2x |
| Sun, 03 Mar 2024 | ₹1.6t | ₹268.5b | ₹45.4b | 32.6x | 34.6x | 5.9x |
| Tue, 30 Jan 2024 | ₹1.4t | ₹265.5b | ₹44.1b | 28.3x | 32.6x | 5.4x |
| Thu, 28 Dec 2023 | ₹1.2t | ₹254.7b | ₹39.4b | 35x | 30.9x | 4.8x |
| Sat, 25 Nov 2023 | ₹1.1t | ₹254.7b | ₹39.5b | 31.1x | 28.9x | 4.5x |
| Mon, 23 Oct 2023 | ₹1.1t | ₹247.8b | ₹37.3b | 34.2x | 29.7x | 4.5x |
| Wed, 20 Sep 2023 | ₹1.1t | ₹240.1b | ₹36.7b | 33.3x | 29.6x | 4.5x |
| Fri, 18 Aug 2023 | ₹1.1t | ₹240.0b | ₹36.7b | 35.3x | 29.1x | 4.4x |
| Sun, 16 Jul 2023 | ₹1.0t | ₹230.1b | ₹34.5b | 31x | 29.2x | 4.4x |
| Tue, 13 Jun 2023 | ₹883.3b | ₹227.5b | ₹33.9b | 27.1x | 26.1x | 3.9x |
| Thu, 11 May 2023 | ₹797.6b | ₹223.3b | ₹33.4b | 28.8x | 23.9x | 3.6x |
| Sat, 08 Apr 2023 | ₹745.5b | ₹218.4b | ₹33.2b | 26.4x | 22.5x | 3.4x |
| Mon, 06 Mar 2023 | ₹759.7b | ₹218.4b | ₹33.2b | 26.2x | 22.9x | 3.5x |
| Wed, 01 Feb 2023 | ₹801.7b | ₹223.1b | ₹32.9b | 28.6x | 24.4x | 3.6x |
| Fri, 30 Dec 2022 | ₹783.5b | ₹213.5b | ₹32.5b | 32.2x | 24.1x | 3.7x |
| Sun, 27 Nov 2022 | ₹736.6b | ₹205.2b | ₹32.1b | 34.7x | 22.9x | 3.6x |
| Tue, 25 Oct 2022 | ₹744.2b | ₹202.6b | ₹32.6b | 41.9x | 22.8x | 3.7x |
| Thu, 22 Sep 2022 | ₹773.0b | ₹196.9b | ₹33.1b | 43.2x | 23.3x | 3.9x |
| Sat, 20 Aug 2022 | ₹808.7b | ₹196.8b | ₹33.1b | 39x | 24.4x | 4.1x |
| Mon, 18 Jul 2022 | ₹865.3b | ₹230.4b | ₹37.8b | 35.7x | 22.9x | 3.8x |
| Wed, 15 Jun 2022 | ₹899.7b | ₹232.6b | ₹38.3b | 33.2x | 23.5x | 3.9x |
| Fri, 13 May 2022 | ₹933.3b | ₹227.2b | ₹36.0b | 29.2x | 25.9x | 4.1x |
| Sun, 10 Apr 2022 | ₹1.2t | ₹219.7b | ₹35.0b | 38.8x | 32.9x | 5.2x |
| Tue, 08 Mar 2022 | ₹993.5b | ₹219.7b | ₹35.0b | 32.4x | 28.4x | 4.5x |
| Thu, 03 Feb 2022 | ₹1.2t | ₹217.6b | ₹35.3b | 39.2x | 33.8x | 5.5x |
| Sat, 01 Jan 2022 | ₹1.2t | ₹209.1b | ₹34.5b | 31.7x | 35.6x | 5.9x |
| Mon, 29 Nov 2021 | ₹1.0t | ₹205.0b | ₹34.2b | 28.2x | 29.3x | 4.9x |
| Wed, 27 Oct 2021 | ₹1.0t | ₹201.3b | ₹56.8b | 30.7x | 17.8x | 5x |
| Fri, 24 Sep 2021 | ₹985.5b | ₹197.9b | ₹56.4b | 30.3x | 17.5x | 5x |
| Sun, 22 Aug 2021 | ₹933.2b | ₹194.7b | ₹56.4b | 29.8x | 16.5x | 4.8x |
| Fri, 09 Jul 2021 | ₹827.9b | ₹194.5b | ₹56.4b | 25.3x | 14.7x | 4.3x |
Price to Earnings Ratio
14.9x
Current Industry PE
- Investors are optimistic on the Indian Application Software industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 32.8x which is higher than its 3-year average PE of 26.2x.
- The 3-year average PS ratio of 4.5x is lower than the industry's current PS ratio of 5.6x.
Past Earnings Growth
- The earnings for companies in the Application Software industry have declined 5.3% per year over the last three years.
- Meanwhile revenues for these companies have grown 13% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Indian Application Software compare with similar industries?
| IN Market | -1.98% | |
| Tech | 1.08% | |
| Software | -0.57% | |
| Application Software | -1.59% | |
| Systems Software | 0.71% | |
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 | |
|---|---|---|---|---|---|
| 532466 Oracle Financial Services Software | ₹7.65k | 0.7% +₹4.6b | 118.9% | PE29.9x | |
| 542770 Alphalogic Techsys | ₹202.50 | 25.4% +₹1.9b | 591.2% | PE213.3x | |
| INNOVANA Innovana Thinklabs | ₹601.00 | 14.5% +₹1.6b | 99.0% | PE29.1x | |
| SASKEN Sasken Technologies | ₹1.63k | 5.2% +₹1.2b | 97.3% | PE31.3x | |
| INFOBEAN InfoBeans Technologies | ₹425.50 | 9.1% +₹858.9m | -14.2% | PE46x |