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Indian (NIFTY) Restaurants Industry Analysis

UpdatedApr 30, 2026
DataAggregated Company Financials
Companies19
  • 7D-2.8%
  • 3M-6.6%
  • 1Y-5.2%
  • YTDn/a

Over the last 7 days, the Restaurants industry has dropped 1.4%, driven by pullbacks in Eternal and Swiggy of 3.4% and 6.7%, respectively. In contrast, Devyani International has gained 13%. The industry has fallen 5.8% in the last year. Looking forward, earnings are forecast to grow by 53% annually.

Industry Valuation and Performance

Has the Indian Restaurants Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 30 Apr 2026₹3.9t₹1.0t-₹35,506,024,790.0026.8x-110x3.8x
Sat, 28 Mar 2026₹3.6t₹924.1b-₹36,712,064,790.0025.6x-97.2x3.9x
Mon, 23 Feb 2026₹4.2t₹923.9b-₹36,709,704,790.0032.6x-113.8x4.5x
Wed, 21 Jan 2026₹4.1t₹786.0b-₹35,327,365,090.0033.8x-117x5.3x
Fri, 19 Dec 2025₹4.5t₹786.0b-₹35,327,365,090.0037.1x-127.9x5.7x
Sun, 16 Nov 2025₹4.7t₹787.0b-₹35,174,126,190.0037x-134x6x
Tue, 14 Oct 2025₹5.3t₹672.4b-₹29,634,679,190.0044.8x-178.2x7.9x
Thu, 11 Sep 2025₹5.1t₹671.2b-₹29,808,202,990.00103.3x-172.2x7.6x
Sat, 09 Aug 2025₹4.7t₹666.7b-₹30,691,321,990.00157.4x-154x7.1x
Mon, 07 Jul 2025₹4.3t₹601.3b-₹26,004,979,000.00180.5x-165.9x7.2x
Wed, 04 Jun 2025₹3.9t₹601.3b-₹25,918,486,000.00162.6x-150.6x6.5x
Fri, 02 May 2025₹3.8t₹556.2b-₹21,569,800,610.0084x-176.4x6.8x
Sun, 30 Mar 2025₹3.5t₹556.2b-₹21,569,800,610.0078.1x-160.5x6.2x
Tue, 25 Feb 2025₹3.8t₹556.5b-₹21,518,612,610.0081.7x-175.4x6.8x
Thu, 23 Jan 2025₹3.9t₹532.5b-₹16,636,271,610.00108.1x-233.3x7.3x
Sat, 21 Dec 2024₹4.8t₹511.3b-₹15,846,271,610.00106.7x-300.4x9.3x
Mon, 18 Nov 2024₹4.2t₹503.0b-₹16,161,051,610.0099.6x-260.2x8.4x
Wed, 16 Oct 2024₹3.4t₹351.6b₹6.5b89.5x525.7x9.7x
Fri, 13 Sep 2024₹3.5t₹351.6b₹6.5b100.1x533.4x9.9x
Sun, 11 Aug 2024₹3.3t₹351.5b₹6.9b58.7x473.9x9.3x
Tue, 09 Jul 2024₹2.7t₹322.9b₹4.3b49.8x627.9x8.4x
Thu, 06 Jun 2024₹2.5t₹323.2b₹4.3b45.6x566.4x7.6x
Sat, 04 May 2024₹2.5t₹299.9b₹5.0b48.5x511.8x8.5x
Mon, 01 Apr 2024₹2.4t₹299.9b₹5.0b49.8x479.1x7.9x
Wed, 28 Feb 2024₹2.2t₹300.0b₹5.0b51.3x451.1x7.5x
Fri, 26 Jan 2024₹2.1t₹283.8b-₹3,472,706,350.0047.5x-591.1x7.2x
Sun, 24 Dec 2023₹2.0t₹282.5b-₹3,519,836,350.0031x-579x7.2x
Tue, 21 Nov 2023₹1.9t₹282.5b-₹3,519,836,350.0031.2x-541.1x6.7x
Thu, 19 Oct 2023₹1.9t₹266.6b-₹4,181,175,350.0024.5x-454.5x7.1x
Sat, 16 Sep 2023₹1.8t₹266.7b-₹4,179,974,350.0022.3x-429x6.7x
Mon, 14 Aug 2023₹1.7t₹263.8b-₹4,658,556,350.0026.8x-363.1x6.4x
Wed, 12 Jul 2023₹1.5t₹248.4b-₹4,698,509,350.0033.6x-322.8x6.1x
Fri, 09 Jun 2023₹1.5t₹248.7b-₹4,698,509,000.0032.2x-317.4x6x
Sun, 07 May 2023₹1.4t₹232.0b-₹7,003,472,440.0034.3x-195.5x5.9x
Price to Earnings Ratio

-195.5x


Total Market Cap: ₹1.4tTotal Earnings: -₹7,003,472,440.00Total Revenue: ₹232.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Restaurants Industry Price to Earnings3Y Average -36.3x202420252026
Current Industry PE
  • Investors are pessimistic on the Indian Restaurants industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 7.0x is higher than the industry's current PS ratio of 4.2x.
Past Earnings Growth
  • The earnings for companies in the Restaurants industry have deteriorated over the last three years.
  • Meanwhile revenues for these companies have grown 59% 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 caused losses to expand.

Industry Comparison

How does Indian Restaurants compare with similar industries?

IN Market-0.19%
Consumer Discretionary-1.38%
Hospitality-2.68%
Restaurants-2.79%
Casinos and Gaming6.72%
Leisure Facilities-2.51%
Hotels, Resorts and Cruise Lines-2.58%
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?

CompanyLast Price7D1YValuation
DEVYANI Devyani International₹124.7313.2%
+₹18.0b
-30.2%PS2.9x
SAPPHIRE Sapphire Foods India₹205.6118.8%
+₹10.4b
-35.0%PS2.1x
UFBL United Foodbrands₹351.3511.6%
+₹1.4b
5.5%PS1.1x
RBA Restaurant Brands Asia₹65.362.9%
+₹1.1b
-19.3%PS1.4x
534425 Speciality Restaurants₹103.082.1%
+₹101.8m
-21.3%PE23.8x

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