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Indian (NIFTY) Footwear Industry Analysis
UpdatedFeb 18, 2026
DataAggregated Company Financials
Companies11
- 7D-4.9%
- 3M-9.9%
- 1Y-20.8%
- YTDn/a
Over the last 7 days, the Footwear industry has dropped 4.5%, driven by a pullback from Bata India of 8.7%. In contrast, KSR Footwear has gained 8.4%. The industry has fallen 24% in the last year. Looking forward, earnings are forecast to grow by 19% annually.
Industry Valuation and Performance
Has the Indian Footwear Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 18 Feb 2026 | ₹297.6b | ₹98.4b | ₹5.4b | 38.5x | 55.3x | 3x |
| Fri, 16 Jan 2026 | ₹305.6b | ₹97.8b | ₹5.3b | 25.9x | 58x | 3.1x |
| Sun, 14 Dec 2025 | ₹321.1b | ₹97.8b | ₹5.3b | 28.9x | 60.9x | 3.3x |
| Tue, 11 Nov 2025 | ₹344.3b | ₹96.9b | ₹5.2b | 46.2x | 66.8x | 3.6x |
| Thu, 09 Oct 2025 | ₹366.2b | ₹97.6b | ₹5.6b | 45.9x | 65.9x | 3.7x |
| Sat, 06 Sep 2025 | ₹383.9b | ₹97.6b | ₹5.6b | 44.9x | 69x | 3.9x |
| Mon, 04 Aug 2025 | ₹361.9b | ₹96.6b | ₹6.8b | 42.3x | 53.4x | 3.7x |
| Wed, 02 Jul 2025 | ₹368.5b | ₹97.2b | ₹6.5b | 49.1x | 56.6x | 3.8x |
| Fri, 30 May 2025 | ₹376.3b | ₹96.8b | ₹6.7b | 46.4x | 56.3x | 3.9x |
| Sun, 27 Apr 2025 | ₹352.4b | ₹96.7b | ₹6.7b | 56.7x | 52.2x | 3.6x |
| Tue, 25 Mar 2025 | ₹356.8b | ₹96.7b | ₹6.7b | 49.8x | 52.9x | 3.7x |
| Thu, 20 Feb 2025 | ₹375.5b | ₹96.7b | ₹6.7b | 53.8x | 55.7x | 3.9x |
| Sat, 18 Jan 2025 | ₹418.5b | ₹96.3b | ₹6.6b | 61.5x | 63.1x | 4.3x |
| Mon, 16 Dec 2024 | ₹455.1b | ₹96.3b | ₹6.6b | 61.5x | 68.6x | 4.7x |
| Wed, 13 Nov 2024 | ₹455.3b | ₹96.4b | ₹6.7b | 55.4x | 68.3x | 4.7x |
| Fri, 11 Oct 2024 | ₹496.0b | ₹95.9b | ₹6.4b | 57.8x | 77.5x | 5.2x |
| Sun, 08 Sep 2024 | ₹492.1b | ₹95.9b | ₹6.4b | 59.9x | 76.9x | 5.1x |
| Tue, 06 Aug 2024 | ₹514.1b | ₹95.7b | ₹5.8b | 70.1x | 88.9x | 5.4x |
| Thu, 04 Jul 2024 | ₹509.5b | ₹95.7b | ₹5.9b | 58.3x | 86.3x | 5.3x |
| Sat, 01 Jun 2024 | ₹472.0b | ₹96.4b | ₹5.9b | 49.8x | 80x | 4.9x |
| Mon, 29 Apr 2024 | ₹475.4b | ₹95.5b | ₹5.8b | 56.6x | 81.9x | 5x |
| Wed, 27 Mar 2024 | ₹461.7b | ₹95.5b | ₹5.8b | 55x | 79.5x | 4.8x |
| Fri, 23 Feb 2024 | ₹485.6b | ₹95.5b | ₹5.8b | 59x | 83.6x | 5.1x |
| Sun, 21 Jan 2024 | ₹515.9b | ₹95.0b | ₹6.2b | 65.2x | 82.9x | 5.4x |
| Tue, 19 Dec 2023 | ₹541.5b | ₹95.1b | ₹6.2b | 57.6x | 87.2x | 5.7x |
| Thu, 16 Nov 2023 | ₹522.9b | ₹95.1b | ₹6.2b | 56.3x | 84.1x | 5.5x |
| Sat, 14 Oct 2023 | ₹538.8b | ₹95.5b | ₹6.5b | 43.3x | 83.4x | 5.6x |
| Mon, 11 Sep 2023 | ₹561.8b | ₹95.5b | ₹6.5b | 39.5x | 86.8x | 5.9x |
| Wed, 09 Aug 2023 | ₹559.2b | ₹95.4b | ₹6.6b | 33x | 85.1x | 5.9x |
| Fri, 07 Jul 2023 | ₹552.9b | ₹95.0b | ₹6.5b | 36.3x | 85.6x | 5.8x |
| Sun, 04 Jun 2023 | ₹534.8b | ₹93.9b | ₹6.4b | 34.4x | 83.2x | 5.7x |
| Tue, 02 May 2023 | ₹524.2b | ₹106.2b | ₹7.8b | 36.3x | 67.5x | 4.9x |
| Thu, 30 Mar 2023 | ₹499.6b | ₹106.2b | ₹7.8b | 27.9x | 64.3x | 4.7x |
| Sat, 25 Feb 2023 | ₹540.0b | ₹106.2b | ₹7.8b | 29.2x | 69.6x | 5.1x |
Price to Earnings Ratio
69.6x
Current Industry PE
- Investors are pessimistic on the Indian Footwear industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 54.1x which is lower than its 3-year average PE of 71.8x.
- The 3-year average PS ratio of 4.7x is higher than the industry's current PS ratio of 3.0x.
Past Earnings Growth
- The earnings for companies in the Footwear industry have declined 11% per year over the last three years,
- Revenues have also declined 2.3% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Indian Footwear compare with similar industries?
| IN Market | -1.04% | |
| Consumer Discretionary | -1.14% | |
| Luxury | -1.67% | |
| Footwear | -4.91% | |
| Textiles | -0.73% | |
| Apparel, Accessories and Luxury Goods | -1.75% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 530517 Relaxo Footwears | ₹372.55 | 0.6% +₹510.3m | -16.6% | PE55.3x | |
| 523242 N B Footwear | ₹9.17 | 22.4% +₹22.7m | -35.9% | PE-56.3x | |
| KSR KSR Footwear | ₹31.72 | 1.6% +₹9.4m | n/a | PB0.8x |
