Indian (NIFTY) Luxury Industry Analysis

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
Sat, 13 Jun 2026	₹7.8t	₹11.7t	₹175.1b	19.4x	44.6x	0.7x
Mon, 11 May 2026	₹8.2t	₹11.2t	₹171.6b	18.7x	47.5x	0.7x
Wed, 08 Apr 2026	₹7.5t	₹11.0t	₹166.2b	16.5x	45x	0.7x
Fri, 06 Mar 2026	₹7.6t	₹11.0t	₹165.2b	17.8x	45.9x	0.7x
Sun, 01 Feb 2026	₹7.4t	₹9.5t	₹165.9b	18.4x	44.6x	0.8x
Tue, 30 Dec 2025	₹7.8t	₹9.5t	₹165.5b	20.1x	47x	0.8x
Thu, 27 Nov 2025	₹8.0t	₹8.4t	₹164.9b	20.9x	48.2x	0.9x
Sat, 25 Oct 2025	₹7.8t	₹8.3t	₹163.0b	24x	48.1x	0.9x
Mon, 22 Sep 2025	₹7.7t	₹8.3t	₹162.8b	24.9x	47.6x	0.9x
Wed, 20 Aug 2025	₹7.7t	₹7.6t	₹158.8b	24.7x	48.7x	1x
Fri, 18 Jul 2025	₹8.0t	₹6.4t	₹155.4b	26.8x	51.6x	1.3x
Sun, 15 Jun 2025	₹7.7t	₹6.4t	₹153.8b	26.4x	50.2x	1.2x
Tue, 13 May 2025	₹7.8t	₹6.0t	₹150.4b	23.3x	51.7x	1.3x
Thu, 10 Apr 2025	₹7.0t	₹5.9t	₹151.6b	22.1x	46.2x	1.2x
Sat, 08 Mar 2025	₹7.0t	₹5.9t	₹151.4b	23.2x	45.9x	1.2x
Mon, 03 Feb 2025	₹8.0t	₹5.8t	₹172.4b	27.3x	46.2x	1.4x
Wed, 01 Jan 2025	₹8.5t	₹5.8t	₹172.5b	29.5x	49.1x	1.5x
Fri, 29 Nov 2024	₹8.1t	₹5.7t	₹169.9b	28.7x	47.9x	1.4x
Sun, 27 Oct 2024	₹7.8t	₹5.4t	₹164.4b	27.8x	47.2x	1.4x
Tue, 24 Sep 2024	₹8.9t	₹5.5t	₹163.3b	31x	54.4x	1.6x
Thu, 22 Aug 2024	₹8.2t	₹5.4t	₹161.3b	29.4x	50.7x	1.5x
Sat, 20 Jul 2024	₹7.7t	₹5.7t	₹175.5b	28.9x	44.1x	1.4x
Mon, 17 Jun 2024	₹7.8t	₹5.7t	₹175.3b	28.4x	44.2x	1.4x
Wed, 15 May 2024	₹7.3t	₹5.9t	₹162.4b	28.2x	44.9x	1.2x
Fri, 12 Apr 2024	₹7.7t	₹5.8t	₹132.3b	29x	58x	1.3x
Sun, 10 Mar 2024	₹7.7t	₹5.8t	₹133.0b	29x	58.2x	1.3x
Tue, 06 Feb 2024	₹7.5t	₹6.1t	₹139.4b	29.7x	53.9x	1.2x
Thu, 04 Jan 2024	₹7.6t	₹6.1t	₹121.3b	27.3x	62.8x	1.3x
Sat, 02 Dec 2023	₹7.4t	₹6.1t	₹120.8b	26.7x	61.5x	1.2x
Mon, 30 Oct 2023	₹6.9t	₹6.5t	₹126.2b	22.3x	54.6x	1.1x
Wed, 27 Sep 2023	₹6.9t	₹6.5t	₹125.6b	22.5x	55.2x	1.1x
Fri, 25 Aug 2023	₹6.9t	₹6.6t	₹121.7b	21.8x	56.5x	1x
Sun, 23 Jul 2023	₹6.6t	₹6.3t	₹130.4b	21.3x	50.4x	1x
Tue, 20 Jun 2023	₹6.5t	₹6.2t	₹130.8b	20.7x	49.9x	1x

Current Industry PE

Investors are pessimistic on the Indian Luxury 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 43.3x which is lower than its 3-year average PE of 50.5x.

The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.65x.

Past Earnings Growth

The earnings for companies in the Luxury industry have grown 10% per year over the last three years.
Revenues for these companies have grown 23% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Indian Consumer Discretionary industry?


IN Market	0.052%
Consumer Discretionary	-0.12%
Luxury	-1.43%
Footwear	0.63%
Textiles	-0.032%
Apparel, Accessories and Luxury Goods	-1.88%

Industry PE

Investors are most optimistic about the Apparel, Accessories and Luxury Goods industry even though it's trading below its 3-year average PE ratio of 65.7x.

Analysts are expecting annual earnings growth of 18.8%, which is lower than the prior year's growth of 23.4% per year.

Investors are most pessimistic about the Textiles industry, which is trading close to its 3-year average of 28.2x.

Forecasted Growth

Analysts are most optimistic on the Textiles industry, expecting annual earnings growth of 29% over the next 5 years.
This is better than its past earnings growth rate of 3.0% per year.

In contrast, the Footwear industry is expected to see its earnings grow by 17% 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
526729 Goldiam International	₹479.30	13.6% +₹6.5b	33.5%	PE31.7x
500414 Timex Group India	₹493.65	12.8% +₹5.6b	80.7%	PE66.1x
521016 Indo Count Industries	₹345.20	5.0% +₹3.3b	26.4%	PE54x
PAGEIND Page Industries	₹38.63k	0.7% +₹3.1b	-16.3%	PE56.4x
530517 Relaxo Footwears	₹342.55	3.5% +₹2.9b	-18.8%	PE47.6x

Titan Company Limited Appoints Hardik Mehta to Head - Commercial (International Business Division, Jewellery)

Titan Company Limited has appointed seasoned finance and business leader Hardik Mehta as head - commercial for the International Business Division of its jewellery business, where he will lead commercial strategy for the global expansion of Tanishq. Mehta joins Titan after a distinguished career spanning nearly two decades across finance, business transformation, governance, international operations and strategic leadership roles in India and overseas markets. In his new position, based in Bengaluru, he will oversee commercial operations for Tanishq's international business as the jewellery brand continues to strengthen its presence in global markets and take Indian craftsmanship to a wider international audience. The appointment marks the end of a five-year journey at Schneider Electric, where Mehta held a series of senior leadership positions. Most recently, he served as senior general manager, overseeing business finance portfolios across the Power Products Division, National Sales, Sri Lanka and Bangladesh territories while continuing to support the Digital Energy Division. Prior to that, he was general manager and finance business partner for the Digital Energy Division between October 2023 and January 2025, following a stint as deputy general manager and finance business partner from July 2021 to September 2023. Before relocating to India, Mehta spent almost four years in Indonesia with PT. Tamco Indonesia, first as head of finance under the ownership of Larsen & Toubro and later following the company's acquisition by Schneider Electric. During that period, he played a key role in financial restructuring, compliance management and the transition of the business following the sale of Larsen & Toubro's Electrical & Automation division. One of his notable achievements included converting loans worth approximately Rs 43 crore into capital, helping improve the subsidiary's financial position and ensuring compliance with local regulations. Earlier in his career, Mehta spent more than nine years with a Larsen & Toubro subsidiary, managing finance and accounting functions, treasury operations, foreign exchange risk management, budgeting, audits and working capital planning. His corporate experience now spans more than 18 years across India, Indonesia, Sri Lanka and Bangladesh. Academically, Mehta is a chartered accountant from the The Institute of Chartered Accountants of India, having cleared all examinations in his first attempt. He also holds a Bachelor of Laws degree from Veer Narmad South Gujarat University.

Indian (NIFTY) Luxury Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

New minor risk - Share price stability

Sky Gold and Diamonds Limited Announces Appointment of Akash Talesara as Chief Executive Officer, Effective June 9, 2026

Less than half of directors are independent

Titan Company Limited Appoints Hardik Mehta to Head - Commercial (International Business Division, Jewellery)

530517: Dividend And Leadership Changes Will Support Bullish Outlook

521016: Future Returns Will Reflect Dividend Payout And Strengthening Fundamentals

Investor sentiment improves as stock rises 16%

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Investor sentiment improves as stock rises 16%

Swan Corp Limited, Annual General Meeting, Sep 04, 2026

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Full year 2026 earnings released: EPS: ₹15.11 (vs ₹10.96 in FY 2025)

Consensus EPS estimates fall by 12%

Here's Why Kalyan Jewellers India (NSE:KALYANKJIL) Has Caught The Eye Of Investors

Full year 2026 earnings: EPS and revenues miss analyst expectations

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