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Indian (NIFTY) General Merchandise and Department Stores Industry Analysis

UpdatedFeb 21, 2026
DataAggregated Company Financials
Companies9
  • 7D-0.6%
  • 3M-13.7%
  • 1Y3.2%
  • YTD-13.9%

Over the last 7 days, the General Merchandise and Department Stores industry has remained flat, although notably Meesho gained 3.5%. As for the the longer term, the industry is up 3.2% over the past 12 months. As for the next few years, earnings are expected to grow by 75% 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
Sat, 21 Feb 2026₹1.4t₹352.7b-₹20,439,375,307.0042.7x-66.6x3.9x
Mon, 19 Jan 2026₹1.5t₹385.3b-₹16,508,855,307.0048.1x-90.5x3.9x
Wed, 17 Dec 2025₹1.6t₹385.3b-₹16,508,855,307.0052.2x-98.6x4.2x
Fri, 14 Nov 2025₹842.5b₹273.2b₹4.3b58.6x195.5x3.1x
Sun, 12 Oct 2025₹834.2b₹225.4b₹5.2b99.3x161.5x3.7x
Tue, 09 Sep 2025₹864.0b₹221.3b₹5.2b87.8x167.3x3.9x
Thu, 07 Aug 2025₹829.5b₹217.6b₹8.1b89.5x102.5x3.8x
Sat, 05 Jul 2025₹819.9b₹262.8b₹8.0b100.8x102.8x3.1x
Mon, 02 Jun 2025₹778.2b₹262.8b₹8.0b83.7x97.3x3x
Wed, 30 Apr 2025₹633.9b₹206.1b₹9.5b17.7x66.6x3.1x
Fri, 28 Mar 2025₹594.9b₹206.0b₹9.5b17.3x62.5x2.9x
Sun, 23 Feb 2025₹608.0b₹206.0b₹9.5b30.2x63.9x3x
Tue, 21 Jan 2025₹687.5b₹200.6b₹12.1b33.4x56.9x3.4x
Thu, 19 Dec 2024₹781.4b₹245.1b₹12.3b35.7x63.8x3.2x
Sat, 16 Nov 2024₹256.4b₹147.9b₹7.0b38.8x36.5x1.7x
Mon, 14 Oct 2024₹314.8b₹146.7b₹11.0b45.6x28.7x2.1x
Wed, 11 Sep 2024₹300.5b₹146.7b₹11.0b50.5x27.3x2x
Fri, 09 Aug 2024₹288.4b₹136.6b₹4.3b48.1x67.8x2.1x
Sun, 07 Jul 2024₹294.4b₹134.8b₹4.3b48.4x69.1x2.2x
Tue, 04 Jun 2024₹253.4b₹140.4b₹4.2b64x60x1.8x
Thu, 02 May 2024₹257.8b₹131.6b₹3.7b65x70.3x2x
Sat, 30 Mar 2024₹162.9b₹88.4b₹2.9b25.8x56.3x1.8x
Mon, 26 Feb 2024₹189.2b₹88.4b₹2.9b31.4x65.4x2.1x
Wed, 24 Jan 2024₹177.3b₹82.2b₹574.3m74.4x308.6x2.2x
Fri, 22 Dec 2023₹245.7b₹123.2b₹1.5b75.4x162x2x
Sun, 19 Nov 2023₹214.4b₹123.0b₹1.5b58.3x143x1.7x
Tue, 17 Oct 2023₹136.2b₹79.3b₹711.6m45.4x191.4x1.7x
Thu, 14 Sep 2023₹143.6b₹79.3b₹711.6m48.2x201.9x1.8x
Sat, 12 Aug 2023₹134.1b₹79.2b₹700.0m41.1x191.6x1.7x
Mon, 10 Jul 2023₹207.3b₹112.7b-₹1,668,617,600.0050.5x-124.2x1.8x
Wed, 07 Jun 2023₹182.0b₹110.7b-₹1,679,232,700.0026.5x-108.4x1.6x
Fri, 05 May 2023₹174.4b₹98.2b₹5.7b25.2x30.7x1.8x
Sun, 02 Apr 2023₹92.9b₹58.0b₹4.5b14.8x20.5x1.6x
Tue, 28 Feb 2023₹51.1b₹31.3b₹118.8m181.8x430.2x1.6x
Price to Earnings Ratio

430.2x


Total Market Cap: ₹51.1bTotal Earnings: ₹118.8mTotal Revenue: ₹31.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian General Merchandise and Department Stores Industry Price to Earnings3Y Average 82.3x202420252026
Current Industry PE
  • Investors are optimistic on the Indian Multiline Retail industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 3.9x.
Past Earnings Growth
  • Total earnings for the Multiline Retail industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 124% 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 Trends

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

IN Market0.28%
Consumer Discretionary-1.56%
General Merchandise and Department Stores-0.60%
Department Stores0%0
General Merchandise Stores0%0
Broadline Retail-0.60%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Broadline Retail industry, expecting annual earnings growth of 75% over the next 5 years.
    • This is better than its past earnings growth rate of 17% per year.
    • In contrast, the Broadline Retail industry is expected to see its earnings grow by 75% 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
    MEESHO Meesho₹158.183.5%
    +₹24.1b
    n/aPS6.2x
    511431 Vakrangee₹6.993.4%
    +₹249.1m
    -53.4%PE64.3x
    ROCKINGDCE Rockingdeals Circular Economy₹212.902.4%
    +₹40.7m
    -57.3%PE50.7x

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