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Jan 10
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Indian (NIFTY) Luxury Industry Analysis
UpdatedJan 20, 2025
DataAggregated Company Financials
Companies348
- 7D-2.4%
- 3M-2.9%
- 1Y1.7%
- YTD-5.2%
Over the last 7 days, the Luxury industry has dropped 2.4%, driven by a pullback from Kalyan Jewellers India of 7.4%. On the other hand K.P.R. Mill is actually up 5.9%. As for the longer term, the industry's performance has been flat for the past year. Looking forward, earnings are forecast to grow by 25% annually.
Industry Valuation and Performance
Has the Indian Luxury Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 21 Jan 2025 | ₹8.1t | ₹5.8t | ₹172.6b | 28.7x | 46.8x | 1.4x |
| Thu, 19 Dec 2024 | ₹8.8t | ₹5.7t | ₹169.9b | 29.7x | 52x | 1.5x |
| Sat, 16 Nov 2024 | ₹7.9t | ₹5.5t | ₹169.7b | 28.3x | 46.3x | 1.4x |
| Mon, 14 Oct 2024 | ₹8.4t | ₹5.4t | ₹161.5b | 30.2x | 52x | 1.6x |
| Wed, 11 Sep 2024 | ₹8.5t | ₹5.4t | ₹164.5b | 29.7x | 51.6x | 1.6x |
| Fri, 09 Aug 2024 | ₹8.0t | ₹5.7t | ₹176.9b | 29.2x | 45x | 1.4x |
| Sun, 07 Jul 2024 | ₹7.8t | ₹5.7t | ₹175.4b | 28.9x | 44.6x | 1.4x |
| Tue, 04 Jun 2024 | ₹7.3t | ₹5.9t | ₹165.1b | 25.8x | 44x | 1.2x |
| Thu, 02 May 2024 | ₹7.6t | ₹5.8t | ₹132.7b | 29.7x | 57.3x | 1.3x |
| Sat, 30 Mar 2024 | ₹7.6t | ₹5.8t | ₹132.2b | 27.4x | 57.1x | 1.3x |
| Mon, 26 Feb 2024 | ₹7.7t | ₹5.8t | ₹133.0b | 30.6x | 57.9x | 1.3x |
| Wed, 24 Jan 2024 | ₹7.6t | ₹6.1t | ₹121.2b | 29x | 62.6x | 1.2x |
| Fri, 22 Dec 2023 | ₹7.4t | ₹6.1t | ₹120.8b | 26.4x | 61.6x | 1.2x |
| Sun, 19 Nov 2023 | ₹7.2t | ₹6.1t | ₹120.0b | 26.4x | 60.2x | 1.2x |
| Tue, 17 Oct 2023 | ₹7.1t | ₹6.5t | ₹125.8b | 23x | 56.1x | 1.1x |
| Thu, 14 Sep 2023 | ₹6.9t | ₹6.5t | ₹125.6b | 22.8x | 55.3x | 1.1x |
| Sat, 12 Aug 2023 | ₹6.8t | ₹6.2t | ₹117.8b | 22.1x | 57.4x | 1.1x |
| Mon, 10 Jul 2023 | ₹6.7t | ₹6.2t | ₹130.0b | 22x | 51.2x | 1.1x |
| Wed, 07 Jun 2023 | ₹6.3t | ₹6.2t | ₹130.6b | 20.4x | 48.6x | 1x |
| Fri, 05 May 2023 | ₹6.1t | ₹6.0t | ₹157.6b | 16.5x | 38.7x | 1x |
| Sun, 02 Apr 2023 | ₹5.6t | ₹6.0t | ₹155.7b | 15.1x | 36.2x | 0.9x |
| Tue, 28 Feb 2023 | ₹5.7t | ₹6.0t | ₹155.7b | 15.6x | 36.8x | 1x |
| Thu, 26 Jan 2023 | ₹6.0t | ₹5.7t | ₹194.5b | 15.4x | 30.8x | 1x |
| Sat, 24 Dec 2022 | ₹6.0t | ₹5.7t | ₹194.8b | 14.2x | 30.8x | 1x |
| Mon, 21 Nov 2022 | ₹6.3t | ₹5.7t | ₹195.3b | 14.5x | 32.2x | 1.1x |
| Wed, 19 Oct 2022 | ₹6.6t | ₹5.3t | ₹204.4b | 13.8x | 32.1x | 1.2x |
| Fri, 16 Sep 2022 | ₹6.6t | ₹5.3t | ₹204.4b | 14.7x | 32.3x | 1.2x |
| Sun, 14 Aug 2022 | ₹6.1t | ₹5.1t | ₹198.1b | 12.9x | 30.8x | 1.2x |
| Tue, 12 Jul 2022 | ₹5.6t | ₹4.9t | ₹175.0b | 12.9x | 32.2x | 1.1x |
| Thu, 09 Jun 2022 | ₹5.6t | ₹4.9t | ₹175.5b | 12.3x | 32x | 1.1x |
| Sat, 07 May 2022 | ₹5.9t | ₹4.8t | ₹184.9b | 12.6x | 31.9x | 1.2x |
| Mon, 04 Apr 2022 | ₹6.2t | ₹4.8t | ₹184.3b | 12.2x | 33.9x | 1.3x |
| Wed, 02 Mar 2022 | ₹6.1t | ₹4.8t | ₹184.0b | 11.9x | 33.3x | 1.3x |
| Fri, 28 Jan 2022 | ₹6.0t | ₹4.4t | ₹163.9b | 14.2x | 36.6x | 1.4x |
Price to Earnings Ratio
36.6x
Current Industry PE
- Investors are relatively neutral on the Indian Luxury industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 44.3x.
- The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Luxury industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 9.5% 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 | -0.26% | |
| Consumer Discretionary | -1.10% | |
| Luxury | -2.41% | |
| Textiles | 1.81% | |
| Apparel, Accessories and Luxury Goods | -3.57% | |
| Footwear | -4.95% | |
Industry PE
- Investors are most optimistic about the Apparel, Accessories and Luxury Goods industry which is trading above its 3-year average PE ratio of 61.3x.
- Analysts are expecting annual earnings growth of 24.8%, which is higher than its past year's earnings growth of 15.2% per year.
- Investors are most pessimistic about the Textiles industry, which is trading close to its 3-year average of 22.7x.
Forecasted Growth
- Analysts are most optimistic on the Textiles industry, expecting annual earnings growth of 30% over the next 5 years.
- This is better than its past earnings growth rate of 18% per year.
- In contrast, the Footwear industry is expected to see its earnings grow by 19% 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 | |
|---|---|---|---|---|---|
| KPRMILL K.P.R. Mill | ₹998.05 | 5.9% +₹19.0b | 30.4% | PE42.2x | |
| 502986 Vardhman Textiles | ₹495.20 | 10.2% +₹13.2b | 23.4% | PE18x | |
| TRIDENT Trident | ₹32.38 | 8.9% +₹13.2b | -28.0% | PE50.2x | |
| 503310 Swan Energy | ₹639.60 | 6.3% +₹11.9b | 5.8% | PE60.4x | |
| RAYMONDLSL Raymond Lifestyle | ₹1.97k | 9.3% +₹10.2b | n/a | PS153.1x |
