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Indian (NIFTY) Consumer Discretionary Sector Analysis

UpdatedMay 20, 2026
DataAggregated Company Financials
Companies925
  • 7D-0.3%
  • 3M-6.3%
  • 1Y-3.1%
  • YTD-8.3%

The Consumer Discretionary is pretty flat in the last 7 days, but Tata Motors Passenger Vehicles has stood out, gaining 7.2%. As for the longer term, the industry has declined 3.1% in the last year. Looking forward, earnings are forecast to grow by 24% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 May 2026₹54.5t₹32.7t₹1.2t23.5x43.9x1.7x
Sat, 18 Apr 2026₹56.0t₹32.2t₹1.2t23.9x45.4x1.7x
Mon, 16 Mar 2026₹51.0t₹32.2t₹1.2t22x41.4x1.6x
Wed, 11 Feb 2026₹58.6t₹30.4t₹1.2t25.7x48.9x1.9x
Fri, 09 Jan 2026₹58.8t₹30.1t₹1.2t26.7x47.1x2x
Sun, 07 Dec 2025₹58.0t₹29.9t₹1.3t27.7x45.7x1.9x
Tue, 04 Nov 2025₹57.1t₹28.3t₹1.3t31.2x43.2x2x
Thu, 02 Oct 2025₹56.5t₹27.7t₹1.3t29.7x43.7x2x
Sat, 30 Aug 2025₹54.7t₹26.9t₹1.3t29x42.5x2x
Mon, 28 Jul 2025₹52.8t₹25.3t₹1.3t31.9x41.2x2.1x
Wed, 25 Jun 2025₹51.7t₹25.2t₹1.3t31.9x40.4x2.1x
Fri, 23 May 2025₹50.8t₹25.0t₹1.3t29.6x39.8x2x
Sun, 20 Apr 2025₹48.8t₹24.1t₹1.4t28.6x35.8x2x
Tue, 18 Mar 2025₹44.4t₹24.1t₹1.4t26.6x32.6x1.8x
Thu, 13 Feb 2025₹47.7t₹24.1t₹1.4t29.1x35.1x2x
Sat, 11 Jan 2025₹51.6t₹23.6t₹1.4t33x37.1x2.2x
Mon, 09 Dec 2024₹53.7t₹23.4t₹1.4t34.9x38.9x2.3x
Wed, 06 Nov 2024₹50.6t₹22.8t₹1.4t35.5x36.3x2.2x
Fri, 04 Oct 2024₹53.6t₹21.9t₹1.3t36.7x40.3x2.4x
Sun, 01 Sep 2024₹52.2t₹21.8t₹1.3t36x39.3x2.4x
Tue, 30 Jul 2024₹50.2t₹21.5t₹1.3t36.3x38.7x2.3x
Thu, 27 Jun 2024₹48.0t₹21.5t₹1.3t33.9x37.1x2.2x
Sat, 25 May 2024₹44.8t₹21.7t₹1.3t32.3x35.8x2.1x
Mon, 22 Apr 2024₹42.2t₹21.1t₹1.1t33.1x39.7x2x
Wed, 20 Mar 2024₹39.9t₹21.1t₹1.1t31.7x37.6x1.9x
Fri, 16 Feb 2024₹40.3t₹21.4t₹1.1t32.7x37.8x1.9x
Sun, 14 Jan 2024₹38.9t₹20.7t₹950.0b34.1x41x1.9x
Tue, 12 Dec 2023₹36.7t₹20.6t₹932.6b31.9x39.4x1.8x
Thu, 09 Nov 2023₹34.1t₹20.8t₹932.8b29.8x36.6x1.6x
Sat, 07 Oct 2023₹33.1t₹20.4t₹857.3b29x38.6x1.6x
Mon, 04 Sep 2023₹32.6t₹20.3t₹856.5b28.9x38x1.6x
Wed, 02 Aug 2023₹31.2t₹19.7t₹822.8b28.6x37.9x1.6x
Fri, 30 Jun 2023₹29.9t₹19.2t₹714.2b27.5x41.9x1.6x
Sun, 28 May 2023₹28.1t₹18.9t₹725.8b24.1x38.7x1.5x
Price to Earnings Ratio

38.7x


Total Market Cap: ₹28.1tTotal Earnings: ₹725.8bTotal Revenue: ₹18.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Consumer Discretionary Sector Price to Earnings3Y Average 39.9x202420252026
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 43.9x which is higher than its 3-year average PE of 39.9x.
  • The 3-year average PS ratio of 1.9x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
  • The earnings for companies in the Consumer Discretionary industry have grown 20% per year over the last three years.
  • Revenues for these companies have grown 20% 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 Market0.71%
Consumer Discretionary-0.29%
General Merchandise and Department Stores3.76%
Hospitality1.93%
Consumer Services1.93%
Luxury0.90%
Specialty Stores0.81%
Consumer Durables0.79%
Online Retail and Ecommerce0%0
Auto Components-0.57%
Retail Distributors-1.97%
Auto-2.23%
Leisure-3.05%
Industry PE
  • Investors are most optimistic about the Consumer Services industry which is trading above its 3-year average PE ratio of 21.6x.
    • Analysts are expecting annual earnings growth of 91.4%, which is higher than its past year's earnings growth of 5.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Services industry, expecting annual earnings growth of 91% over the next 5 years.
  • This is better than its past earnings growth rate of 5.7% per year.
  • In contrast, the Auto 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?

CompanyLast Price7D1YValuation
500570 Tata Motors Passenger Vehicles₹361.107.2%
+₹89.9b		-50.3%PS0.4x
517334 Samvardhana Motherson International₹132.304.7%
+₹62.8b		33.9%PE40.9x
BAJAJ-AUTO Bajaj Auto₹10.46k2.0%
+₹56.0b		20.4%PE27.2x
ETERNAL Eternal₹243.342.3%
+₹50.7b		5.8%PE611x
PAGEIND Page Industries₹38.29k8.4%
+₹33.0b		-19.6%PE57x

Latest News

517334
₹132.30
Samvardhana Motherson International
7D
4.7%
1Y
33.9%
532343
₹3,361.80
TVS Motor
7D
-4.6%
1Y
21.6%
532539
₹1,056.45
Uno Minda
7D
-6.2%
1Y
5.6%
AMBER
₹7,049.50
Amber Enterprises India
7D
-15.1%
1Y
6.6%
Analysis Article • May 20

Earnings Miss: Amber Enterprises India Limited Missed EPS By 37% And Analysts Are Revising Their Forecasts

There's been a notable change in appetite for Amber Enterprises India Limited ( NSE:AMBER ) shares in the week since...
PAGEIND
₹38,285.00
Page Industries
7D
8.4%
1Y
-19.6%
Narrative Update • May 19

PAGEIND: Upcoming Dividend Decision Will Support Future Upside Potential

Analysts have kept the price target for Page Industries steady at ₹46,300, reflecting only modest tweaks to assumptions on discount rate, revenue growth, profit margin and future P/E that do not materially alter their overall view of the stock's valuation. What's in the News Board meeting scheduled for May 21, 2026, to review the audited financial results for the quarter and year ending March 31, 2026 (Key Developments).
NYKAA
₹273.30
FSN E-Commerce Ventures
7D
2.8%
1Y
36.3%
Analysis Article • May 19

Here's Why FSN E-Commerce Ventures (NSE:NYKAA) Has Caught The Eye Of Investors

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
ETERNAL
₹243.34
Eternal
7D
2.3%
1Y
5.8%
Narrative Update • May 18

ETERNAL: OpenAI Collaboration Will Support Long Term Upside Across Key Platforms

Analysts have raised Eternal's price target slightly to ₹464.69 from ₹464.52, reflecting updated assumptions related to revenue growth, profit margins, the discount rate, and a higher future P/E of 52.74. What's in the News Eternal has scheduled a board meeting on April 28, 2026, at 14:00 Indian Standard Time to consider and approve its standalone and consolidated financial results for the quarter and full year ended March 31, 2026 (Key Developments).
500570
₹361.10
Tata Motors Passenger Vehicles
7D
7.2%
1Y
-50.3%
Narrative Update • May 16

500570: Upcoming Board Meetings And Incentive Scheme Will Signal Confidence In Future Earnings

The analyst price target for Tata Motors Passenger Vehicles has been revised from ₹470.00 to about ₹482.57, with analysts pointing to updated assumptions for revenue growth, profit margins, discount rate, and future P/E as the key drivers behind this change. What's in the News Board meeting scheduled on May 14, 2026 at 11:30 Indian Standard Time to consider and approve audited standalone and consolidated financial results for Q4 and the full year ended March 31, 2026, and to recommend a dividend to shareholders for approval (Board Meeting).
500493
₹1,888.50
Bharat Forge
7D
-2.9%
1Y
53.6%
Narrative Update • May 16

500493: Aerospace Contracts Will Sustain An Excessive Multiple Despite Rising Risk

Analysts have increased their price target on Bharat Forge from ₹1,029.16 to ₹1,060.00, citing updated assumptions related to fair value, discount rate, revenue growth, profit margin and expected future P/E multiples. What's in the News Bharat Forge signed a long term contract with Embraer to manufacture and supply critical landing gear forgings for commercial and defence aircraft programs, marking Embraer's first such contract with an Indian company and reinforcing Embraer's reliance on Bharat Forge for high integrity aerospace components (Key Developments).
HYUNDAI
₹1,787.40
Hyundai Motor India
7D
-3.6%
1Y
-6.4%
Analysis Article • May 16

Earnings Troubles May Signal Larger Issues for Hyundai Motor India (NSE:HYUNDAI) Shareholders

Hyundai Motor India Limited's ( NSE:HYUNDAI ) recent weak earnings report didn't cause a big stock movement. However...
505200
₹6,851.00
Eicher Motors
7D
-1.7%
1Y
26.6%
BAJAJ-AUTO
₹10,462.50
Bajaj Auto
7D
2.0%
1Y
20.4%
Analysis Article • May 14

Bajaj Auto's (NSE:BAJAJ-AUTO) Earnings Are Of Questionable Quality

Unsurprisingly, Bajaj Auto Limited's ( NSE:BAJAJ-AUTO ) stock price was strong on the back of its healthy earnings...
500850
₹659.65
Indian Hotels
7D
3.5%
1Y
-14.6%
ATHERENERG
₹909.05
Ather Energy
7D
-4.5%
1Y
189.5%
LENSKART
₹486.85
Lenskart Solutions
7D
2.1%
1Y
n/a
MARUTI
₹13,003.00
Maruti Suzuki India
7D
-0.8%
1Y
3.1%