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
Wed, 17 Jun 2026	₹8.0t	₹11.7t	₹174.8b	19.9x	46x	0.7x
Fri, 15 May 2026	₹7.6t	₹11.2t	₹172.0b	18.5x	44.2x	0.7x
Sun, 12 Apr 2026	₹7.9t	₹11.0t	₹166.4b	17.3x	47.5x	0.7x
Tue, 10 Mar 2026	₹7.3t	₹11.0t	₹165.2b	17.2x	44.4x	0.7x
Thu, 05 Feb 2026	₹7.8t	₹9.5t	₹165.6b	18.6x	47.4x	0.8x
Sat, 03 Jan 2026	₹7.9t	₹9.5t	₹165.7b	19.9x	47.4x	0.8x
Mon, 01 Dec 2025	₹8.0t	₹9.5t	₹165.6b	20.7x	48.1x	0.8x
Wed, 29 Oct 2025	₹7.8t	₹8.3t	₹162.3b	24x	48.3x	0.9x
Fri, 26 Sep 2025	₹7.5t	₹8.3t	₹163.0b	23.9x	46x	0.9x
Sun, 24 Aug 2025	₹7.8t	₹7.6t	₹159.0b	24.3x	49x	1x
Tue, 22 Jul 2025	₹8.0t	₹6.4t	₹155.5b	26.7x	51.2x	1.2x
Thu, 19 Jun 2025	₹7.7t	₹6.4t	₹153.8b	26x	50.3x	1.2x
Sat, 17 May 2025	₹8.0t	₹6.0t	₹153.5b	24.2x	52x	1.3x
Mon, 14 Apr 2025	₹7.2t	₹5.9t	₹151.6b	22.1x	47.4x	1.2x
Wed, 12 Mar 2025	₹6.8t	₹5.9t	₹151.4b	22x	44.9x	1.1x
Fri, 07 Feb 2025	₹7.8t	₹5.9t	₹143.6b	27.8x	54.6x	1.3x
Sun, 05 Jan 2025	₹8.7t	₹5.8t	₹172.5b	29.7x	50.6x	1.5x
Tue, 03 Dec 2024	₹8.4t	₹5.7t	₹169.8b	29.3x	49.2x	1.5x
Thu, 31 Oct 2024	₹7.9t	₹5.4t	₹164.9b	30x	48.1x	1.5x
Sat, 28 Sep 2024	₹8.9t	₹5.5t	₹163.4b	31.2x	54.3x	1.6x
Mon, 26 Aug 2024	₹8.3t	₹5.4t	₹161.3b	30.5x	51.3x	1.5x
Wed, 24 Jul 2024	₹8.0t	₹5.7t	₹175.7b	29x	45.4x	1.4x
Fri, 21 Jun 2024	₹7.7t	₹5.7t	₹175.3b	27.8x	44.2x	1.4x
Sun, 19 May 2024	₹7.5t	₹5.9t	₹162.9b	28.1x	45.8x	1.3x
Tue, 16 Apr 2024	₹7.5t	₹5.8t	₹132.3b	28.1x	56.6x	1.3x
Thu, 14 Mar 2024	₹7.2t	₹5.8t	₹132.2b	26.1x	54.5x	1.2x
Sat, 10 Feb 2024	₹7.5t	₹6.1t	₹140.4b	30x	53.8x	1.2x
Mon, 08 Jan 2024	₹7.7t	₹6.1t	₹121.1b	27.5x	63.3x	1.3x
Wed, 06 Dec 2023	₹7.5t	₹6.1t	₹120.8b	26.7x	62x	1.2x
Fri, 03 Nov 2023	₹7.0t	₹6.5t	₹124.4b	22.7x	56.3x	1.1x
Sun, 01 Oct 2023	₹6.8t	₹6.5t	₹125.6b	22.8x	54.5x	1.1x
Tue, 29 Aug 2023	₹6.9t	₹6.6t	₹122.7b	22x	56x	1x
Thu, 27 Jul 2023	₹6.6t	₹6.3t	₹130.7b	21.8x	50.6x	1.1x
Sat, 24 Jun 2023	₹6.4t	₹6.2t	₹130.8b	20.6x	49.3x	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 46.0x 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 0.69x.

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	2.23%
Consumer Discretionary	2.86%
Luxury	3.72%
Apparel, Accessories and Luxury Goods	4.59%
Textiles	1.03%
Footwear	0.24%

Industry PE

Investors are most optimistic about the Footwear industry even though it's trading below its 3-year average PE ratio of 69.4x.

Analysts are expecting annual earnings growth of 20.1%, which is higher than its past year's earnings growth of 5.2% 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 Apparel, Accessories and Luxury Goods 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
500114 Titan	₹4.38k	8.5% +₹303.9b	26.2%	PE76.7x
KALYANKJIL Kalyan Jewellers India	₹383.05	13.1% +₹45.8b	-26.3%	PE29.3x
PAGEIND Page Industries	₹39.30k	3.5% +₹15.0b	-13.0%	PE57.4x
526729 Goldiam International	₹500.85	15.7% +₹7.7b	37.8%	PE33.2x
514162 Welspun Living	₹146.90	4.7% +₹6.3b	11.4%	PE68.9x

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

Investor sentiment improves as stock rises 17%

514162: Share Buyback Approval Will Support Future Earnings Profile

RSWM Limited announced that it has received INR 90.155 million in funding from LNJ Textiles Advisory LLP

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

PDSL: New Sourcing Contracts And Subsidiary Expansion Will Support Higher Earnings Multiple

Investor sentiment improves as stock rises 16%

PAGEIND: Elevated Pricing Risks Will Center On Fourth Interim Dividend Decision

Investor sentiment improves as stock rises 20%

New major risk - Financial position

New minor risk - Profit margin trend

New major risk - Revenue and earnings growth

New minor risk - Dividend sustainability

Consensus EPS estimates increase by 26%

Consensus EPS estimates fall by 12%

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

Dividend of ₹0.50 announced