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Indian (NIFTY) General Merchandise and Department Stores Industry Analysis

UpdatedOct 04, 2025
DataAggregated Company Financials
Companies7
  • 7D4.7%
  • 3M11.2%
  • 1Y-33.8%
  • YTD21.0%

The General Merchandise and Department Stores industry is up 1.3% in the last week, with Vishal Mega Mart up 4.2%. However, the industry is down 39% over the past year. As for the next few years, earnings are expected to grow by 23% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 05 Oct 2025₹851.9b₹225.4b₹5.2b99.5x165x3.8x
Tue, 02 Sep 2025₹852.6b₹221.3b₹5.2b88.4x165.1x3.9x
Thu, 31 Jul 2025₹796.6b₹217.6b₹8.1b93.2x98.5x3.7x
Sat, 28 Jun 2025₹852.2b₹262.8b₹8.0b103.4x106.8x3.2x
Mon, 26 May 2025₹772.8b₹258.2b₹10.7b55x71.9x3x
Wed, 23 Apr 2025₹661.2b₹206.0b₹9.5b19x69.5x3.2x
Fri, 21 Mar 2025₹591.0b₹206.0b₹9.5b19.9x62.1x2.9x
Sun, 16 Feb 2025₹622.0b₹206.0b₹9.5b31.6x65.4x3x
Tue, 14 Jan 2025₹715.0b₹245.3b₹12.3b49.1x58.4x2.9x
Thu, 12 Dec 2024₹280.1b₹148.0b₹7.0b29.3x39.8x1.9x
Sat, 09 Nov 2024₹280.9b₹148.7b₹10.8b42.1x25.9x1.9x
Mon, 07 Oct 2024₹315.0b₹146.7b₹11.0b45.6x28.7x2.1x
Wed, 04 Sep 2024₹298.9b₹146.7b₹11.0b50.4x27.2x2x
Fri, 02 Aug 2024₹288.5b₹135.6b₹3.9b43.3x73.8x2.1x
Sun, 30 Jun 2024₹287.5b₹134.8b₹4.3b48.4x67.5x2.1x
Tue, 28 May 2024₹269.7b₹132.6b₹3.7b68.7x73.7x2x
Thu, 25 Apr 2024₹177.0b₹88.4b₹2.9b28.2x61.2x2x
Sat, 23 Mar 2024₹163.1b₹88.4b₹2.9b26.4x56.4x1.8x
Mon, 19 Feb 2024₹190.3b₹88.4b₹2.9b32x65.8x2.2x
Wed, 17 Jan 2024₹257.4b₹123.2b₹1.5b78.7x169.7x2.1x
Fri, 15 Dec 2023₹247.9b₹123.2b₹1.5b78.6x163.4x2x
Sun, 12 Nov 2023₹211.3b₹127.1b₹1.5b57.1x140.9x1.7x
Tue, 10 Oct 2023₹134.2b₹79.3b₹711.6m44.5x188.6x1.7x
Thu, 07 Sep 2023₹149.5b₹79.3b₹711.1m49.6x210.3x1.9x
Sat, 05 Aug 2023₹128.2b₹72.5b-₹2,824,353,600.0021.7x-45.4x1.8x
Mon, 03 Jul 2023₹210.3b₹112.7b-₹1,668,617,600.0050.5x-126x1.9x
Wed, 31 May 2023₹176.8b₹99.6b₹5.3b19.4x33.1x1.8x
Fri, 28 Apr 2023₹99.3b₹58.0b₹4.5b17.9x21.9x1.7x
Sun, 26 Mar 2023₹95.8b₹58.0b₹4.5b15.4x21.2x1.7x
Tue, 21 Feb 2023₹52.1b₹31.3b₹118.8m185.4x438.7x1.7x
Thu, 19 Jan 2023₹134.2b₹66.8b₹1.5b81.2x88x2x
Sat, 17 Dec 2022₹135.2b₹66.8b₹1.5b81.8x88.7x2x
Mon, 14 Nov 2022₹139.6b₹66.7b₹1.5b83.9x91.6x2.1x
Wed, 12 Oct 2022₹59.3b₹28.3b₹576.1m90.9x102.9x2.1x
Price to Earnings Ratio

102.9x


Total Market Cap: ₹59.3bTotal Earnings: ₹576.1mTotal Revenue: ₹28.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian General Merchandise and Department Stores Industry Price to Earnings3Y Average 93.1x202320242025
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 162x which is higher than its 3-year average PE of 93.0x.
  • The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 3.7x.
Past Earnings Growth
  • The earnings for companies in the Multiline Retail industry have grown 108% per year over the last three years.
  • Revenues for these companies have grown 100% 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 Market1.47%
Consumer Discretionary1.16%
General Merchandise and Department Stores4.70%
Broadline Retail4.70%
Department Stores0%0
General Merchandise Stores0%0
Industry PE
  • Investors are most optimistic about the Broadline Retail industry which is trading above its 3-year average PE ratio of 77.5x.
    • Analysts expect its future annual earnings growth (22.5%) to be largely in line with prior year's earnings growth.
  • Investors are most pessimistic about the Broadline Retail industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 77.5x.
Forecasted Growth
  • Analysts are most optimistic on the Broadline Retail industry, expecting annual earnings growth of 23% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • 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
VMM Vishal Mega Mart₹149.994.2%
+₹28.2b
n/aPE101.8x
VMART V-Mart Retail₹842.7016.5%
+₹9.5b
-24.4%PE99.5x
534597 RattanIndia Enterprises₹52.680.8%
+₹580.0m
-28.0%PS1x
524622 iStreet Network₹24.8221.5%
+₹93.5m
675.6%PE19.3x
533181 IntraSoft Technologies₹102.152.7%
+₹43.6m
-32.4%PE12.7x