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Indian (NIFTY) Consumer Discretionary Sector Analysis

UpdatedAug 21, 2026
DataAggregated Company Financials
Companies951
  • 7D0.6%
  • 3M14.4%
  • 1Y4.5%
  • YTD6.3%

The Consumer Discretionary is pretty flat in the last 7 days, but Lenskart Solutions has stood out, gaining 9.7%. As for the the longer term, the industry is up 4.5% over the past 12 months. Looking forward, earnings are forecast to grow by 23% annually.

Sector Valuation and Performance

Has the Indian Consumer Discretionary Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 21 Aug 2026₹63.6t₹35.8t₹1.3t23.5x47.7x1.8x
Sun, 19 Jul 2026₹59.5t₹33.4t₹1.3t24.8x46.5x1.8x
Tue, 16 Jun 2026₹57.0t₹33.3t₹1.3t24.2x44.7x1.7x
Thu, 14 May 2026₹54.7t₹33.1t₹1.3t24x42.4x1.7x
Sat, 11 Apr 2026₹55.2t₹32.3t₹1.2t23.4x44.7x1.7x
Mon, 09 Mar 2026₹54.8t₹32.2t₹1.2t22.8x44.5x1.7x
Wed, 04 Feb 2026₹56.6t₹30.5t₹1.3t25.1x44.9x1.9x
Fri, 02 Jan 2026₹59.3t₹30.1t₹1.2t27.7x47.5x2x
Sun, 30 Nov 2025₹57.9t₹29.8t₹1.3t28x46x1.9x
Tue, 28 Oct 2025₹57.6t₹28.1t₹1.3t30.2x43.7x2x
Thu, 25 Sep 2025₹57.6t₹27.7t₹1.3t30.4x44.6x2.1x
Sat, 23 Aug 2025₹55.2t₹26.9t₹1.3t29.9x42.9x2x
Mon, 21 Jul 2025₹53.0t₹25.1t₹1.3t32.4x41.3x2.1x
Wed, 18 Jun 2025₹50.9t₹25.1t₹1.3t32.3x39.8x2x
Fri, 16 May 2025₹51.5t₹24.5t₹1.3t29.5x40.4x2.1x
Sun, 13 Apr 2025₹45.1t₹24.1t₹1.4t27.5x33.1x1.9x
Tue, 11 Mar 2025₹44.7t₹24.1t₹1.4t27.9x32.8x1.9x
Thu, 06 Feb 2025₹50.9t₹23.9t₹1.4t32.4x37.5x2.1x
Sat, 04 Jan 2025₹54.5t₹23.6t₹1.4t34.5x39.1x2.3x
Mon, 02 Dec 2024₹51.9t₹23.4t₹1.4t34.1x37.6x2.2x
Wed, 30 Oct 2024₹50.5t₹22.8t₹1.4t34.2x36.1x2.2x
Fri, 27 Sep 2024₹55.4t₹21.9t₹1.3t37.2x41.6x2.5x
Sun, 25 Aug 2024₹52.0t₹21.8t₹1.3t35.7x39.1x2.4x
Tue, 23 Jul 2024₹48.2t₹21.5t₹1.3t34.3x36.6x2.2x
Thu, 20 Jun 2024₹47.8t₹21.5t₹1.3t33.4x37x2.2x
Sat, 18 May 2024₹44.3t₹21.7t₹1.2t33.1x35.6x2x
Mon, 15 Apr 2024₹42.6t₹21.1t₹1.1t33.7x40.2x2x
Wed, 13 Mar 2024₹40.8t₹21.0t₹1.1t32.6x38.5x1.9x
Fri, 09 Feb 2024₹40.0t₹21.1t₹1.0t35.1x38.5x1.9x
Sun, 07 Jan 2024₹38.1t₹20.7t₹950.6b32.8x40.1x1.8x
Tue, 05 Dec 2023₹36.4t₹20.6t₹932.7b31.4x39x1.8x
Thu, 02 Nov 2023₹32.7t₹20.5t₹863.6b29x37.9x1.6x
Sat, 30 Sep 2023₹33.0t₹20.3t₹858.5b28.6x38.5x1.6x
Mon, 28 Aug 2023₹31.4t₹20.3t₹856.2b28.4x36.7x1.5x
Price to Earnings Ratio

36.7x


Total Market Cap: ₹31.4tTotal Earnings: ₹856.2bTotal Revenue: ₹20.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Consumer Discretionary Sector Price to Earnings3Y Average 40.3x202420252026
Current Industry PE
  • Investors are optimistic on the Indian Consumer Discretionary industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 47.7x which is higher than its 3-year average PE of 40.3x.
  • The industry is trading close to its 3-year average PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Consumer Discretionary industry have grown 16% per year over the last three years.
  • Revenues for these companies have grown 21% 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 sector?

IN Market-0.52%
Consumer Discretionary0.58%
General Merchandise and Department Stores3.44%
Leisure3.25%
Consumer Durables2.50%
Consumer Services1.97%
Hospitality1.92%
Retail Distributors1.90%
Specialty Stores1.14%
Auto Components0.78%
Luxury0.38%
Online Retail and Ecommerce0%0
Auto-0.69%
Industry PE
  • Investors are most optimistic about the Consumer Services industry which is trading above its 3-year average PE ratio of 37.8x.
    • Analysts are expecting annual earnings growth of 69.1%, which is higher than its past year's earnings growth of 23.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Services industry, expecting annual earnings growth of 69% over the next 5 years.
  • This is better than its past earnings growth rate of 24% per year.
  • In contrast, the Auto 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?

CompanyLast Price7D1YValuation
ETERNAL Eternal₹328.003.0%
+₹87.3b		2.8%PE696.4x
LENSKART Lenskart Solutions₹661.408.1%
+₹86.2b		n/aPE175.5x
MEESHO Meesho₹205.697.6%
+₹67.2b		n/aPS6.9x
DIXON Dixon Technologies (India)₹14.85k5.1%
+₹44.0b		-12.1%PE48.3x
500530 Bosch₹48.18k2.4%
+₹32.9b		22.5%PE60.1x

Latest News

505200
₹8,001.05
Eicher Motors
7D
-1.5%
1Y
35.1%
Narrative Update • Aug 20

505200: Lower Margin Outlook Will Likely Pressure Rich P/E And Share Price

Analysts have lifted their fair value estimate for Eicher Motors from about ₹6,705 to roughly ₹6,973, reflecting updated assumptions around the discount rate, revenue growth, profit margin and future P/E. What’s in the News for Eicher Motors Eicher Motors has scheduled a board meeting on Jul 29, 2026 to consider and approve unaudited standalone and consolidated financial results for the quarter ended Jun 30, 2026.
ETERNAL
₹328.00
Eternal
7D
3.0%
1Y
2.8%
Narrative Update • Aug 19

ETERNAL: Upcoming Results And Revised Assumptions Will Support Long Term Profitability Upside

Analysts have revised Eternal's fair value estimate from ₹346.66 to ₹357.22, reflecting updated views on its discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News for Eternal Eternal has scheduled a board meeting for Jul 22, 2026.
BELRISE
₹231.77
Belrise Industries
7D
-9.2%
1Y
58.1%
LENSKART
₹661.40
Lenskart Solutions
7D
8.1%
1Y
n/a
TIINDIA
₹2,885.80
Tube Investments of India
7D
5.6%
1Y
-6.1%
Narrative Update • Aug 18

TIINDIA: Softer Revenue Outlook And Higher Discount Rate Will Pressure Returns

Analysts have trimmed their fair value estimate for Tube Investments of India from ₹2,780 to ₹2,682, citing updated assumptions that reflect a slightly higher discount rate, a softer revenue growth outlook, and a modestly improved profit margin and future P/E multiple. What’s in the News for Tube Investments of India Tube Investments of India scheduled a board meeting on June 29, 2026 to consider recommending the appointment of statutory auditors and to review changes in senior management personnel.
DIXON
₹14,850.00
Dixon Technologies (India)
7D
5.1%
1Y
-12.1%
Narrative Update • Aug 17

DIXON: High P/E Will Limit Upside Despite New OEM Joint Venture

Analysts have lifted their price target for Dixon Technologies (India) to about ₹9,470 from roughly ₹9,060, citing updated assumptions around fair value, a slightly lower discount rate, modestly higher revenue growth and a reduced future P/E multiple. What’s in the News for Dixon Technologies (India) Dixon Technologies (India) has scheduled a board meeting on 31 July 2026 to consider and approve the unaudited standalone and consolidated financial results for the quarter ended 30 June 2026.
URBANCO
₹158.60
Urban
7D
9.8%
1Y
n/a
Narrative Update • Aug 17

URBANCO: New Smart Home Launch And Board Actions Will Support Profitability

Analysts now place Urban's fair value at ₹165, up from ₹155. This reflects updated assumptions around revenue growth, profit margins and future P/E expectations.
LGEINDIA
₹1,623.30
LG Electronics India
7D
-6.2%
1Y
n/a
Narrative Update • Aug 15

LGEINDIA: Index Inclusion And Auditor Shift Will Shape Balanced Outlook

Analysts have lifted the fair value estimate for LG Electronics India from about ₹1,725 to about ₹1,785, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E levels. What's in the News LG Electronics India has scheduled a board meeting on August 13, 2026 to consider and approve unaudited financial results for the quarter ended June 30, 2026.
514162
₹189.30
Welspun Living
7D
15.4%
1Y
59.4%
Narrative Update • Aug 14

514162: Capital Return And Buyback Will Support Stronger Long-Term Upside Potential

Analysts have lifted the Welspun Living price target from ₹172.55 to ₹188.10, reflecting updated fair value work that factors in a slightly lower discount rate, modestly adjusted revenue growth and profit margin assumptions, and a marginally higher future P/E multiple. What’s in the News for Welspun Living Board meeting scheduled on August 13, 2026 at 11:00 Indian Standard Time to approve and record unaudited financial results for the quarter ended June 30, 2026 on a standalone and consolidated basis, and to consider a press communication released simultaneously to the media.
500570
₹317.70
Tata Motors Passenger Vehicles
7D
-4.9%
1Y
-53.3%
Narrative Update • Aug 14

500570: Dividend And Price Hike Will Signal Confidence In Future Earnings

Analysts have nudged their fair value estimate for Tata Motors Passenger Vehicles higher from about ₹467 to roughly ₹481 as they refine assumptions around discount rates, revenue growth, profit margins and future P/E multiples. What’s in the News for Tata Motors Passenger Vehicles Tata Motors Passenger Vehicles has scheduled a board meeting on 13 Aug 2026 at 11:30 Indian Standard Time to consider and approve the audited standalone financial results and unaudited consolidated financial results with limited review for the quarter ended 30 Jun 2026.
500530
₹48,176.75
Bosch
7D
2.4%
1Y
22.5%
Narrative Update • Aug 12

500530: Joint Venture And Dividend Will Shape Future Earnings Multiple

Analysts have raised their price target for Bosch from ₹37,499 to ₹43,728. This reflects updated assumptions around revenue growth, profit margins and future P/E levels.
MEESHO
₹205.69
Meesho
7D
7.6%
1Y
n/a
Narrative Update • Aug 09

MEESHO: Index Additions And Margin Outlook Will Guide Balanced Return Prospects

Analysts now see Meesho's fair value at about ₹207 per share, up from roughly ₹200, citing updated assumptions around slightly higher revenue growth, improved profit margins, and a lower projected future P/E multiple. What’s in the News for Meesho Meesho has scheduled a board meeting on Jul 23, 2026 to consider and approve its unaudited standalone and consolidated financial results for the quarter ended Jun 30, 2026.
500251
₹2,922.50
Trent
7D
-2.3%
1Y
-19.0%
ATHERENERG
₹1,462.00
Ather Energy
7D
-3.3%
1Y
250.4%
MARUTI
₹13,565.00
Maruti Suzuki India
7D
-1.9%
1Y
-5.5%
M&M
₹3,412.20
Mahindra & Mahindra
7D
-0.5%
1Y
0.3%