Under The Bonnet, Kalyan Jewellers India's (NSE:KALYANKJIL) Returns Look Impressive
Jun 17
Indian (NIFTY) Luxury Industry Analysis
UpdatedJun 22, 2024
DataAggregated Company Financials
Companies332
- 7D-0.1%
- 3M3.2%
- 1Y22.2%
- YTD0.9%
Over the last 7 days, the Luxury industry has remained flat, although notably Kalyan Jewellers India gained 13%. The past year has been better, since the industry has gained 22% in that time. Looking forward, earnings are forecast to grow by 20% annually.
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, 22 Jun 2024 | ₹7.7t | ₹5.7t | ₹175.3b | 27.7x | 44.2x | 1.4x |
| Mon, 20 May 2024 | ₹7.5t | ₹5.9t | ₹162.4b | 28.5x | 46x | 1.3x |
| Wed, 17 Apr 2024 | ₹7.5t | ₹5.8t | ₹132.3b | 28.1x | 56.6x | 1.3x |
| Fri, 15 Mar 2024 | ₹7.3t | ₹5.8t | ₹132.2b | 27.4x | 55.3x | 1.3x |
| Sun, 11 Feb 2024 | ₹7.5t | ₹6.1t | ₹139.5b | 30x | 54.1x | 1.2x |
| Tue, 09 Jan 2024 | ₹7.7t | ₹6.1t | ₹121.1b | 27.8x | 63.5x | 1.3x |
| Thu, 07 Dec 2023 | ₹7.5t | ₹6.1t | ₹120.8b | 27x | 61.8x | 1.2x |
| Sat, 04 Nov 2023 | ₹7.1t | ₹6.5t | ₹124.2b | 22.8x | 57x | 1.1x |
| Mon, 02 Oct 2023 | ₹6.8t | ₹6.5t | ₹125.6b | 22.7x | 54.5x | 1.1x |
| Wed, 30 Aug 2023 | ₹6.9t | ₹6.6t | ₹122.7b | 22.2x | 56.6x | 1.1x |
| Fri, 28 Jul 2023 | ₹6.6t | ₹6.2t | ₹129.0b | 22x | 50.9x | 1.1x |
| Sun, 25 Jun 2023 | ₹6.4t | ₹6.2t | ₹130.8b | 20.6x | 49.3x | 1x |
| Tue, 23 May 2023 | ₹6.1t | ₹6.0t | ₹144.7b | 18.2x | 42.2x | 1x |
| Thu, 20 Apr 2023 | ₹5.9t | ₹6.0t | ₹155.4b | 16.1x | 37.8x | 1x |
| Sat, 18 Mar 2023 | ₹5.7t | ₹6.0t | ₹155.7b | 15.9x | 36.6x | 1x |
| Mon, 13 Feb 2023 | ₹6.0t | ₹5.7t | ₹163.4b | 15.3x | 36.6x | 1x |
| Wed, 11 Jan 2023 | ₹6.1t | ₹5.7t | ₹194.9b | 15.2x | 31.5x | 1.1x |
| Fri, 09 Dec 2022 | ₹6.4t | ₹5.7t | ₹196.1b | 15.9x | 32.8x | 1.1x |
| Sun, 06 Nov 2022 | ₹6.7t | ₹5.3t | ₹199.8b | 13.6x | 33.4x | 1.3x |
| Tue, 04 Oct 2022 | ₹6.4t | ₹5.3t | ₹204.4b | 13.5x | 31.2x | 1.2x |
| Thu, 01 Sep 2022 | ₹6.4t | ₹5.1t | ₹194.7b | 13.8x | 32.8x | 1.3x |
| Sat, 30 Jul 2022 | ₹6.0t | ₹4.9t | ₹174.3b | 13.4x | 34.1x | 1.2x |
| Mon, 27 Jun 2022 | ₹5.3t | ₹4.9t | ₹175.0b | 12.2x | 30.5x | 1.1x |
| Wed, 25 May 2022 | ₹5.7t | ₹4.8t | ₹192.1b | 12.3x | 29.6x | 1.2x |
| Fri, 22 Apr 2022 | ₹6.5t | ₹4.8t | ₹184.3b | 13.3x | 35.1x | 1.4x |
| Sun, 20 Mar 2022 | ₹6.4t | ₹4.8t | ₹184.2b | 12.4x | 34.6x | 1.3x |
| Tue, 15 Feb 2022 | ₹5.9t | ₹4.5t | ₹179.8b | 12.7x | 32.7x | 1.3x |
| Thu, 13 Jan 2022 | ₹6.4t | ₹4.4t | ₹157.8b | 14.6x | 40.8x | 1.5x |
| Sat, 11 Dec 2021 | ₹5.8t | ₹4.4t | ₹157.8b | 12.5x | 36.8x | 1.3x |
| Mon, 08 Nov 2021 | ₹5.8t | ₹4.6t | ₹129.9b | 15.3x | 44.4x | 1.2x |
| Wed, 06 Oct 2021 | ₹5.2t | ₹4.5t | ₹78.2b | 16.5x | 67x | 1.2x |
| Fri, 03 Sep 2021 | ₹4.9t | ₹4.7t | ₹106.0b | 14.9x | 46.2x | 1x |
| Sun, 01 Aug 2021 | ₹4.6t | ₹4.7t | ₹106.0b | 15.2x | 43.8x | 1x |
Price to Earnings Ratio
40.9x
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 44.1x.
- The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Luxury industry have grown 18% per year over the last three years.
- Revenues for these companies have grown 6.1% 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 | -0.14% | |
| Consumer Discretionary | -0.62% | |
| Luxury | -0.14% | |
| Textiles | 0.76% | |
| Footwear | 0.45% | |
| Apparel, Accessories and Luxury Goods | -0.49% | |
Industry PE
- Investors are most optimistic about the Footwear industry even though it's trading below its 3-year average PE ratio of 104x.
- Analysts are expecting annual earnings growth of 21.8%, which is higher than its past year's earnings decline of 10.5% per year.
- Investors are most pessimistic about the Textiles industry, which is trading close to its 3-year average of 21.8x.
Forecasted Growth
- Analysts are most optimistic on the Footwear industry, expecting annual earnings growth of 22% over the next 5 years.
- This is better than its past earnings decline of 10% per year.
- In contrast, the Textiles industry is expected to see its earnings grow by 16% 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 | |
|---|---|---|---|---|---|
| KALYANKJIL Kalyan Jewellers India | ₹453.00 | 13.1% +₹54.1b | 257.8% | PE78.2x | |
| PAGEIND Page Industries | ₹39.81k | 3.4% +₹14.5b | 5.7% | PE78x | |
| KPRMILL K.P.R. Mill | ₹881.45 | 3.5% +₹10.1b | 33.9% | PE37.4x | |
| GOKEX Gokaldas Exports | ₹905.75 | 11.4% +₹6.6b | 89.5% | PE49.2x | |
| 503310 Swan Energy | ₹655.25 | 2.8% +₹5.6b | 141.3% | PE68.2x |
