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Indian (NIFTY) Luxury Industry Analysis

UpdatedDec 24, 2025
DataAggregated Company Financials
Companies374
  • 7D0.1%
  • 3M2.4%
  • 1Y-11.6%
  • YTD-10.5%

The Luxury industry has stayed flat over the last week. Unfortunately though, the industry is down 12% over the past 12 months. Earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 24 Dec 2025₹7.8t₹9.5t₹165.6b19.6x47x0.8x
Fri, 21 Nov 2025₹8.0t₹8.4t₹164.8b21.5x48.7x1x
Sun, 19 Oct 2025₹7.7t₹8.3t₹163.2b23.4x47.3x0.9x
Tue, 16 Sep 2025₹7.7t₹7.6t₹162.4b24.2x47.4x1x
Thu, 14 Aug 2025₹7.4t₹7.6t₹162.1b24.7x45.9x1x
Sat, 12 Jul 2025₹8.0t₹6.4t₹155.9b27x51.2x1.3x
Mon, 09 Jun 2025₹7.9t₹6.4t₹153.7b26x51.6x1.2x
Wed, 07 May 2025₹7.2t₹5.9t₹149.6b22.9x48.4x1.2x
Fri, 04 Apr 2025₹7.2t₹5.9t₹151.5b23.4x47.5x1.2x
Sun, 02 Mar 2025₹6.9t₹5.9t₹151.5b22.1x45.3x1.2x
Tue, 28 Jan 2025₹7.6t₹5.8t₹173.0b27.3x43.9x1.3x
Thu, 26 Dec 2024₹8.6t₹5.7t₹169.9b29.4x50.3x1.5x
Sat, 23 Nov 2024₹8.1t₹5.8t₹167.0b28.6x48.3x1.4x
Mon, 21 Oct 2024₹8.2t₹5.4t₹164.5b30x50.1x1.5x
Wed, 18 Sep 2024₹8.8t₹5.4t₹165.3b31x53.2x1.6x
Fri, 16 Aug 2024₹7.9t₹5.6t₹163.8b27.9x48.1x1.4x
Sun, 14 Jul 2024₹7.7t₹5.7t₹175.4b29.3x44.1x1.4x
Tue, 11 Jun 2024₹7.6t₹5.7t₹155.9b27.1x48.5x1.3x
Thu, 09 May 2024₹7.3t₹5.9t₹162.6b29.4x44.6x1.2x
Sat, 06 Apr 2024₹7.7t₹5.8t₹132.3b30.5x58.4x1.3x
Mon, 04 Mar 2024₹7.8t₹5.8t₹133.0b31.1x58.8x1.3x
Wed, 31 Jan 2024₹7.7t₹6.1t₹122.4b29.2x62.9x1.3x
Fri, 29 Dec 2023₹7.6t₹6.1t₹121.3b26.3x62.6x1.2x
Sun, 26 Nov 2023₹7.3t₹6.1t₹120.8b25.5x60.7x1.2x
Tue, 24 Oct 2023₹6.9t₹6.5t₹126.0b22.3x54.8x1.1x
Thu, 21 Sep 2023₹7.0t₹6.5t₹125.6b22.7x55.6x1.1x
Sat, 19 Aug 2023₹6.8t₹6.6t₹124.3b22.2x54.7x1x
Mon, 17 Jul 2023₹6.6t₹6.3t₹131.3b21.8x50.6x1.1x
Wed, 14 Jun 2023₹6.4t₹6.2t₹130.7b20.3x49.1x1x
Fri, 12 May 2023₹6.2t₹6.0t₹152.9b16.8x40.4x1x
Sun, 09 Apr 2023₹5.7t₹6.0t₹155.7b16x36.9x1x
Tue, 07 Mar 2023₹5.8t₹6.0t₹155.7b15.7x37x1x
Thu, 02 Feb 2023₹5.9t₹5.7t₹186.6b14.7x31.5x1x
Sat, 31 Dec 2022₹6.3t₹5.7t₹194.8b15.2x32.4x1.1x
Price to Earnings Ratio

32.4x


Total Market Cap: ₹6.3tTotal Earnings: ₹194.8bTotal Revenue: ₹5.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Luxury Industry Price to Earnings3Y Average 49.1x202320242025
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 49.1x.
  • The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 0.82x.
Past Earnings Growth
  • The earnings for companies in the Luxury industry have declined 5.3% per year over the last three years.
  • Meanwhile revenues for these companies have grown 18% 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 Market1.42%
Consumer Discretionary1.19%
Luxury0.14%
Apparel, Accessories and Luxury Goods0.16%
Textiles0.12%
Footwear-0.22%
Industry PE
  • Investors are most optimistic about the Footwear industry even though it's trading below its 3-year average PE ratio of 72.5x.
    • Analysts are expecting annual earnings growth of 22.1%, which is higher than its past year's earnings growth of 4.3% per year.
  • Investors are most pessimistic about the Textiles industry, which is trading close to its 3-year average of 26.8x.
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 6.8% per year.
  • In contrast, the Apparel, Accessories and Luxury Goods industry is expected to see its earnings grow by 21% 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
KALYANKJIL Kalyan Jewellers India₹488.351.9%
+₹9.6b
-32.2%PE54.2x
RAJESHEXPO Rajesh Exports₹223.0214.0%
+₹8.1b
-2.6%PE49.9x
ALOKINDS Alok Industries₹16.856.2%
+₹4.9b
-22.4%PS2.3x
PAGEIND Page Industries₹36.70k0.9%
+₹3.8b
-24.9%PE53.6x
SHRINGARMS Shringar House of Mangalsutra₹226.5213.4%
+₹2.6b
n/aPE27.5x

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