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Indian (NIFTY) General Merchandise and Department Stores Industry Analysis

UpdatedMay 20, 2025
DataAggregated Company Financials
Companies8
  • 7D3.5%
  • 3M17.6%
  • 1Y-21.2%
  • YTD2.9%

The General Merchandise and Department Stores industry is up 3.5% in the last week, with RattanIndia Enterprises up 4.2%. During this same period, the Vishal Mega Mart underperformed, falling 6.3%. In contrast, the industry has lost 21% in the last 12 months. Earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

Has the Indian General Merchandise and Department Stores Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 21 May 2025₹788.0b₹258.2b₹10.7b56x73.4x3.1x
Fri, 18 Apr 2025₹637.7b₹206.0b₹9.5b18.5x67x3.1x
Sun, 16 Mar 2025₹581.1b₹206.0b₹9.5b25x61.1x2.8x
Tue, 11 Feb 2025₹664.7b₹205.9b₹9.5b33.2x69.9x3.2x
Thu, 09 Jan 2025₹772.3b₹245.1b₹12.3b51.3x63x3.2x
Sat, 07 Dec 2024₹279.6b₹148.0b₹7.0b27.6x39.7x1.9x
Mon, 04 Nov 2024₹297.1b₹148.7b₹10.8b42.2x27.4x2x
Wed, 02 Oct 2024₹327.4b₹146.7b₹11.0b46.5x29.8x2.2x
Fri, 30 Aug 2024₹294.5b₹146.7b₹11.0b50.3x26.8x2x
Sun, 28 Jul 2024₹288.5b₹135.6b₹3.9b45.1x73.8x2.1x
Tue, 25 Jun 2024₹287.1b₹134.8b₹4.3b48.6x67.4x2.1x
Thu, 23 May 2024₹266.0b₹132.7b₹3.7b69.4x72.7x2x
Sat, 20 Apr 2024₹171.2b₹88.4b₹2.9b27.2x59.2x1.9x
Mon, 18 Mar 2024₹160.7b₹88.4b₹2.9b26.4x55.6x1.8x
Wed, 14 Feb 2024₹186.6b₹88.4b₹2.9b30.7x64.6x2.1x
Fri, 12 Jan 2024₹257.8b₹123.2b₹1.5b80.3x170x2.1x
Sun, 10 Dec 2023₹245.1b₹123.2b₹1.5b78.3x161.6x2x
Tue, 07 Nov 2023₹208.2b₹120.3b₹1.7b74.6x125.9x1.7x
Thu, 05 Oct 2023₹138.2b₹79.3b₹711.6m45.8x194.2x1.7x
Sat, 02 Sep 2023₹147.6b₹79.3b₹711.1m48.3x207.6x1.9x
Mon, 31 Jul 2023₹120.2b₹72.5b-₹2,824,353,600.0022.6x-42.5x1.7x
Wed, 28 Jun 2023₹207.2b₹112.7b-₹1,668,617,600.0050.1x-124.2x1.8x
Fri, 26 May 2023₹177.7b₹99.7b₹5.3b19x33.2x1.8x
Sun, 23 Apr 2023₹99.5b₹58.0b₹4.5b17.1x22x1.7x
Tue, 21 Mar 2023₹48.2b₹31.3b₹118.8m170.9x405.5x1.5x
Thu, 16 Feb 2023₹51.2b₹31.3b₹118.8m182x431.1x1.6x
Sat, 14 Jan 2023₹134.9b₹66.8b₹1.5b81.6x88.5x2x
Mon, 12 Dec 2022₹133.3b₹66.8b₹1.5b80.7x87.4x2x
Wed, 09 Nov 2022₹146.6b₹64.7b₹1.6b90x92.8x2.3x
Fri, 07 Oct 2022₹60.1b₹28.3b₹576.1m92.3x104.3x2.1x
Sun, 04 Sep 2022₹63.2b₹28.3b₹576.1m97.4x109.7x2.2x
Tue, 02 Aug 2022₹528.0b₹67.9b₹1.1b483.3x499.1x7.8x
Thu, 30 Jun 2022₹500.2b₹93.1b₹587.9m396.9x850.7x5.4x
Sat, 28 May 2022₹500.7b₹76.8b₹580.4m462.5x862.7x6.5x
Price to Earnings Ratio

862.7x


Total Market Cap: ₹500.7bTotal Earnings: ₹580.4mTotal Revenue: ₹76.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian General Merchandise and Department Stores Industry Price to Earnings3Y Average -646.1x202320242025
Current Industry PE
  • Investors are optimistic on the Indian Multiline Retail industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 73.4x which is higher than its 3-year average PE of -645x.
  • The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 3.1x.
Past Earnings Growth
  • The earnings for companies in the Multiline Retail industry have grown 163% per year over the last three years.
  • Revenues for these companies have grown 41% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Indian Consumer Discretionary industry?

IN Market2.53%
Consumer Discretionary2.74%
General Merchandise and Department Stores3.47%
Broadline Retail3.47%
Department Stores0%0
General Merchandise Stores0%0
Industry PE
  • Investors are most optimistic about the Broadline Retail industry, which is trading close to its 3-year average PE ratio of 69.6x.
    • Analysts are expecting annual earnings growth of 22.7%, which is lower than the prior year's growth of 36.8% per year.
  • Investors are most pessimistic about the Broadline Retail industry, which is trading close to its 3-year average of 69.6x.
Forecasted Growth
  • Analysts are most optimistic on the Broadline Retail industry, expecting annual earnings growth of 23% over the next 5 years.
  • However this is lower than its past earnings growth rate of 37% per year.
  • In contrast, the Broadline Retail industry is expected to see its earnings grow by 23% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
534597 RattanIndia Enterprises₹47.834.2%
+₹2.7b
-37.5%PE18.4x
511431 Vakrangee₹11.4717.6%
+₹1.9b
-53.7%PE186.7x
SHOPERSTOP Shoppers Stop₹516.100.3%
+₹187.1m
-32.8%PE521.6x
533181 IntraSoft Technologies₹108.306.3%
+₹105.2m
-12.7%PE13.9x
ROCKINGDCE Rockingdeals Circular Economy₹239.003.6%
+₹47.3m
-54.2%PE19.4x
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