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May 01
Indian (NIFTY) Independent Power Producers and Energy Traders Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies11
- 7D-5.2%
- 3M3.9%
- 1Y118.0%
- YTDn/a
Over the last 7 days, the Independent Power Producers and Energy Traders industry has dropped 5.2%, driven by declines in NTPC and Adani Power of 3.9% and 5.2%, respectively. Meanwhile, RattanIndia Power actually outperformed within the industry, gaining 12% in the last week. Over the past 12 months, the industry was up 118%. As for the next few years, earnings are expected to grow by 14% per annum.
Industry Valuation and Performance
Has the Indian Independent Power Producers and Energy Traders Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | ₹7.3t | ₹2.9t | ₹432.0b | 13.7x | 16.9x | 2.5x |
| Fri, 05 Apr 2024 | ₹7.6t | ₹2.8t | ₹454.5b | 17.6x | 16.6x | 2.7x |
| Sun, 03 Mar 2024 | ₹6.9t | ₹2.8t | ₹454.5b | 17.1x | 15.2x | 2.4x |
| Tue, 30 Jan 2024 | ₹6.9t | ₹2.9t | ₹479.0b | 17.3x | 14.3x | 2.4x |
| Thu, 28 Dec 2023 | ₹6.3t | ₹2.8t | ₹451.2b | 14.9x | 13.9x | 2.2x |
| Sat, 25 Nov 2023 | ₹5.2t | ₹2.8t | ₹451.2b | 12.3x | 11.5x | 1.9x |
| Mon, 23 Oct 2023 | ₹4.7t | ₹2.7t | ₹341.8b | 14.3x | 13.7x | 1.7x |
| Wed, 20 Sep 2023 | ₹4.8t | ₹2.7t | ₹337.9b | 14x | 14.3x | 1.8x |
| Fri, 18 Aug 2023 | ₹4.1t | ₹2.7t | ₹338.0b | 14x | 12.2x | 1.5x |
| Sun, 16 Jul 2023 | ₹3.6t | ₹2.7t | ₹292.5b | 11.7x | 12.2x | 1.3x |
| Tue, 13 Jun 2023 | ₹3.5t | ₹2.7t | ₹307.1b | 10.3x | 11.5x | 1.3x |
| Thu, 11 May 2023 | ₹3.3t | ₹2.6t | ₹311.3b | 11.4x | 10.5x | 1.3x |
| Sat, 08 Apr 2023 | ₹3.0t | ₹2.6t | ₹287.3b | 10.9x | 10.6x | 1.2x |
| Mon, 06 Mar 2023 | ₹2.9t | ₹2.6t | ₹287.3b | 11.1x | 10.2x | 1.1x |
| Wed, 01 Feb 2023 | ₹3.1t | ₹2.5t | ₹297.3b | 9.5x | 10.5x | 1.2x |
| Fri, 30 Dec 2022 | ₹3.5t | ₹2.4t | ₹295.9b | 11.2x | 11.7x | 1.4x |
| Sun, 27 Nov 2022 | ₹3.7t | ₹2.5t | ₹301.0b | 13.7x | 12.2x | 1.5x |
| Tue, 25 Oct 2022 | ₹3.7t | ₹2.3t | ₹290.9b | 15.6x | 12.6x | 1.6x |
| Thu, 22 Sep 2022 | ₹4.0t | ₹2.3t | ₹291.1b | 18.3x | 13.6x | 1.7x |
| Sat, 20 Aug 2022 | ₹3.9t | ₹2.3t | ₹291.1b | 19.3x | 13.4x | 1.7x |
| Mon, 18 Jul 2022 | ₹3.2t | ₹2.1t | ₹237.5b | 10.4x | 13.3x | 1.5x |
| Wed, 15 Jun 2022 | ₹3.1t | ₹2.1t | ₹249.4b | 10.7x | 12.4x | 1.5x |
| Fri, 13 May 2022 | ₹3.1t | ₹2.0t | ₹248.0b | 20x | 12.6x | 1.6x |
| Sun, 10 Apr 2022 | ₹3.2t | ₹2.0t | ₹181.6b | 33.5x | 17.4x | 1.6x |
| Tue, 08 Mar 2022 | ₹2.5t | ₹2.0t | ₹181.6b | 30.4x | 13.5x | 1.3x |
| Thu, 03 Feb 2022 | ₹2.6t | ₹2.0t | ₹176.7b | 44.2x | 14.5x | 1.3x |
| Sat, 01 Jan 2022 | ₹2.3t | ₹1.9t | ₹167.4b | 29.4x | 14x | 1.2x |
| Mon, 29 Nov 2021 | ₹2.4t | ₹1.9t | ₹167.4b | 22.2x | 14.3x | 1.3x |
| Wed, 27 Oct 2021 | ₹2.7t | ₹1.9t | ₹190.8b | 26.5x | 14.1x | 1.4x |
| Fri, 24 Sep 2021 | ₹2.4t | ₹1.9t | ₹190.8b | 26.6x | 12.6x | 1.3x |
| Sun, 22 Aug 2021 | ₹2.0t | ₹1.9t | ₹190.7b | 23.1x | 10.5x | 1.1x |
| Fri, 09 Jul 2021 | ₹2.1t | ₹1.9t | ₹190.7b | 19x | 10.9x | 1.1x |
Price to Earnings Ratio
10.2x
Current Industry PE
- Investors are optimistic on the Indian Independent Power Producers and Energy Traders industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 16.9x which is higher than its 3-year average PE of 13.0x.
- The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 2.5x.
Past Earnings Growth
- The earnings for companies in the Independent Power Producers and Energy Traders industry have grown 35% per year over the last three years.
- Revenues for these companies have grown 16% 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 Independent Power Producers and Energy Traders compare with similar industries?
| IN Market | -1.98% | |
| Utilities | -4.12% | |
| Renewable Energy | -4.12% | |
| Independent Power Producers and Energy Traders | -5.16% | |
| Renewable Energy | -2.13% | |
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 | |
|---|---|---|---|---|---|
| 533122 RattanIndia Power | ₹10.76 | 17.1% +₹8.4b | 235.2% | PS1.7x |
