We Think The Compensation For IFB Industries Limited's (NSE:IFBIND) CEO Looks About Right
Jul 22
Indian (NIFTY) Consumer Durables Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies62
- 7D-1.2%
- 3M21.9%
- 1Y45.1%
- YTD31.6%
Over the last 7 days, the Consumer Durables industry has dropped 1.2%, driven by a pullback from Marvel Decor of 4.2%. In contrast, IFB Industries has gained 20%. Over the past 12 months, the industry was up 45%. Looking forward, earnings are forecast to grow by 30% annually.
Industry Valuation and Performance
Has the Indian Consumer Durables Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | ₹2.6t | ₹759.0b | ₹29.8b | 49.1x | 87.2x | 3.4x |
| Sun, 23 Jun 2024 | ₹2.5t | ₹751.0b | ₹29.4b | 48.7x | 83.5x | 3.3x |
| Tue, 21 May 2024 | ₹2.2t | ₹751.5b | ₹28.5b | 46.5x | 76.9x | 2.9x |
| Thu, 18 Apr 2024 | ₹2.0t | ₹737.2b | ₹28.8b | 44.1x | 68.3x | 2.7x |
| Sat, 16 Mar 2024 | ₹1.8t | ₹737.4b | ₹28.8b | 42.8x | 63.8x | 2.5x |
| Mon, 12 Feb 2024 | ₹1.9t | ₹735.0b | ₹28.2b | 53x | 69x | 2.7x |
| Wed, 10 Jan 2024 | ₹1.9t | ₹693.1b | ₹27.7b | 50.8x | 70.3x | 2.8x |
| Fri, 08 Dec 2023 | ₹1.9t | ₹692.5b | ₹27.7b | 47.5x | 68x | 2.7x |
| Sun, 05 Nov 2023 | ₹1.7t | ₹673.2b | ₹25.2b | 45.6x | 66.5x | 2.5x |
| Tue, 03 Oct 2023 | ₹1.7t | ₹666.1b | ₹25.7b | 40.3x | 66.3x | 2.6x |
| Thu, 31 Aug 2023 | ₹1.7t | ₹663.4b | ₹25.4b | 43.3x | 66.4x | 2.5x |
| Sat, 29 Jul 2023 | ₹1.6t | ₹665.9b | ₹27.0b | 42.4x | 58.9x | 2.4x |
| Mon, 26 Jun 2023 | ₹1.6t | ₹663.2b | ₹24.4b | 40.3x | 64.4x | 2.4x |
| Wed, 24 May 2023 | ₹1.4t | ₹659.3b | ₹24.0b | 36.5x | 59x | 2.1x |
| Fri, 21 Apr 2023 | ₹1.4t | ₹646.1b | ₹25.0b | 36.1x | 56.9x | 2.2x |
| Sun, 19 Mar 2023 | ₹1.4t | ₹646.1b | ₹25.0b | 35x | 56.6x | 2.2x |
| Tue, 14 Feb 2023 | ₹1.4t | ₹641.0b | ₹24.8b | 37.5x | 58.1x | 2.3x |
| Thu, 12 Jan 2023 | ₹1.6t | ₹644.9b | ₹25.3b | 36.3x | 62.1x | 2.4x |
| Sat, 10 Dec 2022 | ₹1.6t | ₹629.8b | ₹25.3b | 35.1x | 64.1x | 2.6x |
| Mon, 07 Nov 2022 | ₹1.7t | ₹628.4b | ₹25.4b | 40.3x | 66.3x | 2.7x |
| Wed, 05 Oct 2022 | ₹1.7t | ₹614.4b | ₹30.2b | 42x | 57.7x | 2.8x |
| Fri, 02 Sep 2022 | ₹1.7t | ₹614.4b | ₹30.2b | 40.3x | 57.8x | 2.8x |
| Sun, 31 Jul 2022 | ₹1.7t | ₹549.7b | ₹26.2b | 38.4x | 63.3x | 3x |
| Tue, 28 Jun 2022 | ₹1.5t | ₹549.2b | ₹24.5b | 36.7x | 60.8x | 2.7x |
| Thu, 26 May 2022 | ₹1.5t | ₹531.1b | ₹29.6b | 38.2x | 50.8x | 2.8x |
| Sat, 23 Apr 2022 | ₹1.8t | ₹526.3b | ₹30.3b | 45.5x | 58.2x | 3.3x |
| Mon, 21 Mar 2022 | ₹1.8t | ₹526.3b | ₹30.3b | 39.5x | 58.5x | 3.4x |
| Wed, 16 Feb 2022 | ₹1.7t | ₹526.0b | ₹30.3b | 38.3x | 55x | 3.2x |
| Fri, 14 Jan 2022 | ₹1.9t | ₹510.8b | ₹32.8b | 38.7x | 57.1x | 3.7x |
| Sun, 12 Dec 2021 | ₹1.9t | ₹510.8b | ₹32.8b | 34.9x | 56.4x | 3.6x |
| Tue, 09 Nov 2021 | ₹1.9t | ₹504.3b | ₹32.4b | 44.8x | 59.1x | 3.8x |
| Thu, 07 Oct 2021 | ₹1.8t | ₹475.2b | ₹28.1b | 41.3x | 64.3x | 3.8x |
| Sat, 04 Sep 2021 | ₹1.7t | ₹479.7b | ₹28.3b | 35.4x | 60.4x | 3.6x |
| Mon, 02 Aug 2021 | ₹1.7t | ₹479.7b | ₹28.3b | 31.7x | 60.5x | 3.6x |
Price to Earnings Ratio
60.5x
Current Industry PE
- Investors are optimistic on the Indian Consumer Durables industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 87.2x which is higher than its 3-year average PE of 61.9x.
- The 3-year average PS ratio of 2.9x is lower than the industry's current PS ratio of 3.4x.
Past Earnings Growth
- The earnings for companies in the Consumer Durables industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 17% 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 and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Indian Consumer Discretionary industry?
| IN Market | -1.05% | |
| Consumer Discretionary | 0.53% | |
| Consumer Durables | -1.22% | |
| Homebuilding | 3.68% | |
| Household Appliances | 1.91% | |
| Home Furnishings | 1.59% | |
| Housewares and Specialties | -0.29% | |
| Consumer Electronics | -8.35% | |
Industry PE
- Investors are most optimistic about the Consumer Electronics industry which is trading above its 3-year average PE ratio of 129x.
- Analysts expect its future annual earnings growth (34.4%) to be largely in line with prior year's earnings growth.
- Investors are most pessimistic about the Homebuilding industry, which is trading below its 3-year average of 215x.
Forecasted Growth
- Analysts are most optimistic on the Consumer Electronics industry, expecting annual earnings growth of 34% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Housewares and Specialties industry is expected to see its earnings grow by 17% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| IFBIND IFB Industries | ₹1.84k | 20.1% +₹12.5b | 113.7% | PE148.1x | |
| CROMPTON Crompton Greaves Consumer Electricals | ₹442.60 | 3.4% +₹9.5b | 50.8% | PE64.7x | |
| AMBER Amber Enterprises India | ₹4.38k | 5.0% +₹7.1b | 79.9% | PE111.2x | |
| 523398 Johnson Controls-Hitachi Air Conditioning India | ₹2.20k | 13.1% +₹6.9b | 130.9% | PS3.1x | |
| 500238 Whirlpool of India | ₹2.06k | 2.7% +₹6.8b | 43.5% | PE120.3x |
