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Indian (NIFTY) Luxury Industry Analysis

UpdatedFeb 22, 2026
DataAggregated Company Financials
Companies376
  • 7D-0.6%
  • 3M-2.6%
  • 1Y6.2%
  • YTD-0.7%

The Luxury industry has been flat over the last week, but Kalyan Jewellers India has lost 4.0%. As for the the longer term, the industry is up 6.2% over the past 12 months. Looking forward, earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 23 Feb 2026₹7.8t₹11.0t₹165.0b18.5x47.2x0.7x
Wed, 21 Jan 2026₹7.5t₹9.5t₹166.0b19x45x0.8x
Fri, 19 Dec 2025₹7.7t₹9.5t₹165.6b19.8x46.5x0.8x
Sun, 16 Nov 2025₹7.9t₹8.4t₹166.1b23.5x47.8x0.9x
Tue, 14 Oct 2025₹7.6t₹8.3t₹163.4b24.1x46.3x0.9x
Thu, 11 Sep 2025₹7.8t₹7.6t₹162.2b24.4x47.9x1x
Sat, 09 Aug 2025₹7.5t₹7.5t₹159.4b24.9x47x1x
Mon, 07 Jul 2025₹8.2t₹6.4t₹155.9b26.4x52.5x1.3x
Wed, 04 Jun 2025₹7.9t₹6.4t₹153.8b26.1x51x1.2x
Fri, 02 May 2025₹7.4t₹5.9t₹149.2b22.9x49.4x1.2x
Sun, 30 Mar 2025₹6.9t₹5.9t₹151.5b21.5x45.7x1.2x
Tue, 25 Feb 2025₹7.1t₹5.9t₹151.5b23.6x46.9x1.2x
Thu, 23 Jan 2025₹7.9t₹5.8t₹172.7b28.8x45.8x1.4x
Sat, 21 Dec 2024₹8.6t₹5.7t₹169.9b28.9x50.8x1.5x
Mon, 18 Nov 2024₹7.9t₹5.5t₹169.8b27.8x46.3x1.4x
Wed, 16 Oct 2024₹8.5t₹5.4t₹161.5b30.1x52.4x1.6x
Fri, 13 Sep 2024₹8.6t₹5.4t₹164.8b30.1x52.1x1.6x
Sun, 11 Aug 2024₹7.9t₹5.6t₹161.8b29.7x48.6x1.4x
Tue, 09 Jul 2024₹7.7t₹5.7t₹175.4b28.7x43.9x1.4x
Thu, 06 Jun 2024₹7.3t₹5.7t₹156.0b25.6x46.7x1.3x
Sat, 04 May 2024₹7.5t₹5.8t₹132.7b29.8x56.7x1.3x
Mon, 01 Apr 2024₹7.6t₹5.8t₹132.2b27.4x57.1x1.3x
Wed, 28 Feb 2024₹7.6t₹5.8t₹133.0b30.3x57.5x1.3x
Fri, 26 Jan 2024₹7.7t₹6.1t₹121.0b28.5x63.7x1.3x
Sun, 24 Dec 2023₹7.5t₹6.1t₹120.8b26.4x62.2x1.2x
Tue, 21 Nov 2023₹7.2t₹6.1t₹120.8b25.8x59.7x1.2x
Thu, 19 Oct 2023₹7.1t₹6.5t₹125.8b23.4x56.6x1.1x
Sat, 16 Sep 2023₹7.0t₹6.5t₹125.6b23.2x55.4x1.1x
Mon, 14 Aug 2023₹6.8t₹6.2t₹124.8b21.5x54.7x1.1x
Wed, 12 Jul 2023₹6.6t₹6.2t₹130.0b22x51x1.1x
Fri, 09 Jun 2023₹6.3t₹6.2t₹130.6b20x48.5x1x
Sun, 07 May 2023₹6.1t₹6.0t₹154.3b16.8x39.7x1x
Tue, 04 Apr 2023₹5.7t₹6.0t₹155.7b15.5x36.6x1x
Thu, 02 Mar 2023₹5.8t₹6.0t₹155.7b16x37x1x
Price to Earnings Ratio

37x


Total Market Cap: ₹5.8tTotal Earnings: ₹155.7bTotal Revenue: ₹6.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Luxury Industry Price to Earnings3Y Average 49.9x202420252026
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 49.9x.
  • The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 0.71x.
Past Earnings Growth
  • The earnings for companies in the Luxury industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 23% 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 and as a result, profits have held steady.

Industry Trends

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

IN Market0.28%
Consumer Discretionary-1.56%
Luxury-0.60%
Apparel, Accessories and Luxury Goods-0.25%
Textiles-1.52%
Footwear-3.02%
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 65.1x.
    • Analysts expect its future annual earnings growth (20.4%) to be largely in line with prior year's earnings growth.
  • Investors are most pessimistic about the Textiles industry, which is trading close to its 3-year average of 27.4x.
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 0.7% per year.
  • In contrast, the Footwear 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?

CompanyLast Price7D1YValuation
500114 Titan₹4.24k1.3%
+₹48.2b
33.2%PE78.9x
502986 Vardhman Textiles₹536.655.2%
+₹7.7b
27.5%PE19.5x
523025 Safari Industries (India)₹1.84k4.2%
+₹3.7b
-15.4%PE53.7x
NITINSPIN Nitin Spinners₹383.2014.3%
+₹2.7b
18.7%PE12.9x
532054 KDDL₹2.49k8.4%
+₹2.4b
-16.2%PE36.8x

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