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Indian (NIFTY) Textiles Industry Analysis
UpdatedSep 26, 2023
DataAggregated Company Financials
Companies212
- 7D-1.7%
- 3M8.7%
- 1Y17.7%
- YTD9.9%
Over the last 7 days, the Textiles industry has dropped 1.7%, driven by a pullback from Raymond of 6.0%. This takes the industry's 12 month performance to a gain of 18%. As for the next few years, earnings are expected to grow by 25% per annum.
Industry Valuation and Performance
Has the Indian Textiles Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 26 Sep 2023 | ₹1.3t | ₹1.3t | ₹34.8b | 19.7x | 37.9x | 1x |
| Thu, 24 Aug 2023 | ₹1.3t | ₹1.3t | ₹33.9b | 18.3x | 39.1x | 1x |
| Sat, 22 Jul 2023 | ₹1.2t | ₹1.4t | ₹36.9b | 17.1x | 32.9x | 0.9x |
| Mon, 19 Jun 2023 | ₹1.2t | ₹1.4t | ₹37.9b | 17.2x | 32.1x | 0.9x |
| Wed, 17 May 2023 | ₹1.2t | ₹1.4t | ₹50.5b | 13.5x | 22.9x | 0.8x |
| Fri, 14 Apr 2023 | ₹1.1t | ₹1.4t | ₹55.6b | 11.7x | 19.5x | 0.8x |
| Sun, 12 Mar 2023 | ₹1.1t | ₹1.4t | ₹55.6b | 11.8x | 19.5x | 0.8x |
| Tue, 07 Feb 2023 | ₹1.1t | ₹1.4t | ₹70.8b | 10.9x | 15.6x | 0.8x |
| Thu, 05 Jan 2023 | ₹1.2t | ₹1.5t | ₹89.3b | 11.9x | 13.4x | 0.8x |
| Sat, 03 Dec 2022 | ₹1.2t | ₹1.5t | ₹90.6b | 11.4x | 13.5x | 0.8x |
| Mon, 31 Oct 2022 | ₹1.1t | ₹1.5t | ₹93.6b | 9.2x | 12x | 0.8x |
| Wed, 28 Sep 2022 | ₹1.1t | ₹1.5t | ₹98.1b | 9.3x | 11.4x | 0.8x |
| Fri, 26 Aug 2022 | ₹1.1t | ₹1.5t | ₹98.0b | 9.2x | 11.5x | 0.8x |
| Sun, 24 Jul 2022 | ₹1.1t | ₹1.4t | ₹97.5b | 9.2x | 11.4x | 0.8x |
| Tue, 21 Jun 2022 | ₹991.4b | ₹1.4t | ₹97.3b | 7.8x | 10.2x | 0.7x |
| Thu, 19 May 2022 | ₹1.2t | ₹1.3t | ₹112.9b | 8.9x | 10.9x | 0.9x |
| Sat, 16 Apr 2022 | ₹1.4t | ₹1.3t | ₹110.3b | 10.1x | 12.7x | 1.1x |
| Mon, 14 Mar 2022 | ₹1.3t | ₹1.3t | ₹110.3b | 9.3x | 11.8x | 1x |
| Wed, 09 Feb 2022 | ₹1.4t | ₹1.2t | ₹108.2b | 10.5x | 12.9x | 1.1x |
| Fri, 07 Jan 2022 | ₹1.4t | ₹1.2t | ₹97.0b | 8.5x | 14x | 1.2x |
| Sun, 05 Dec 2021 | ₹1.2t | ₹1.2t | ₹95.8b | 8.7x | 12.3x | 1x |
| Tue, 02 Nov 2021 | ₹1.1t | ₹1.1t | ₹76.9b | 11.1x | 14.8x | 1x |
| Thu, 30 Sep 2021 | ₹1.0t | ₹1.1t | ₹38.0b | 10.6x | 27.2x | 1x |
| Sat, 28 Aug 2021 | ₹956.9b | ₹1.1t | ₹63.9b | 9.9x | 15x | 0.9x |
| Sun, 04 Jul 2021 | ₹827.0b | ₹1.1t | ₹63.9b | 9x | 12.9x | 0.7x |
| Wed, 07 Apr 2021 | ₹661.4b | ₹938.8b | ₹28.0b | 10.4x | 23.6x | 0.7x |
| Sat, 09 Jan 2021 | ₹542.7b | ₹853.3b | -₹14,742,488,675.00 | 13.6x | -36.8x | 0.6x |
| Fri, 02 Oct 2020 | ₹438.9b | ₹853.4b | -₹26,794,585,956.00 | 12.7x | -16.4x | 0.5x |
Price to Earnings Ratio
-16.4x
Current Industry PE
- Investors are optimistic on the Indian Textiles industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 37.9x which is higher than its 3-year average PE of 10.8x.
- The industry is trading close to its 3-year average PS ratio of 0.83x.
Past Earnings Growth
- Total earnings for the Textiles industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 16% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Indian Textiles compare with similar industries?
| IN Market | -1.59% | |
| Consumer Discretionary | -1.65% | |
| Luxury | -1.65% | |
| Textiles | -1.71% | |
| Footwear | -1.13% | |
| Apparel, Accessories and Luxury Goods | -1.69% | |
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 | |
|---|---|---|---|---|---|
| 514162 Welspun India | ₹124.05 | 1.6% +₹1.8b | 67.9% | PE35.7x | |
| 503310 Swan Energy | ₹295.80 | 1.4% +₹1.1b | 33.1% | PE70.9x | |
| 509557 Garware Technical Fibres | ₹3.17k | 1.6% +₹1.0b | -5.7% | PE34.6x | |
| 526227 Filatex India | ₹47.05 | 4.3% +₹852.2m | -13.3% | PE32.6x | |
| 535136 Nibe | ₹559.60 | 10.4% +₹623.8m | 34.5% | PE286x |