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Indian (NIFTY) Consumer Staples Sector Analysis

UpdatedMar 21, 2026
DataAggregated Company Financials
Companies392
  • 7D-1.7%
  • 3M-11.8%
  • 1Y-8.6%
  • YTD-11.2%

Over the last 7 days, the Consumer Staples industry has dropped 2.9%, driven by a pullback from Hindustan Unilever of 3.6%. On the other hand AWL Agri Business is actually up 11%. However, the industry is down 8.6% over the past year. Earnings are forecast to grow by 13% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Mar 2026₹28.3t₹8.0t₹735.8b19.6x38.5x3.5x
Mon, 16 Feb 2026₹30.7t₹8.0t₹734.0b22.9x41.8x3.8x
Wed, 14 Jan 2026₹31.4t₹7.8t₹723.9b23.4x43.3x4x
Fri, 12 Dec 2025₹31.4t₹7.8t₹722.9b23.5x43.4x4x
Sun, 09 Nov 2025₹32.3t₹7.7t₹719.3b24.8x44.9x4.2x
Tue, 07 Oct 2025₹32.3t₹7.5t₹706.0b24.7x45.8x4.3x
Thu, 04 Sep 2025₹33.8t₹7.5t₹705.4b25.8x47.9x4.5x
Sat, 02 Aug 2025₹32.7t₹7.4t₹700.4b26.1x46.7x4.4x
Mon, 30 Jun 2025₹31.9t₹7.3t₹698.7b26.2x45.7x4.4x
Wed, 28 May 2025₹32.2t₹7.3t₹691.6b25.8x46.5x4.4x
Fri, 25 Apr 2025₹32.5t₹7.1t₹666.9b23.8x48.8x4.6x
Sun, 23 Mar 2025₹30.1t₹7.1t₹665.6b25.1x45.3x4.3x
Tue, 18 Feb 2025₹29.7t₹7.0t₹664.2b24.1x44.8x4.2x
Thu, 16 Jan 2025₹31.0t₹6.9t₹668.6b29.2x46.4x4.5x
Sat, 14 Dec 2024₹32.5t₹6.9t₹668.3b32.3x48.6x4.7x
Mon, 11 Nov 2024₹33.2t₹6.9t₹668.1b33.6x49.8x4.9x
Wed, 09 Oct 2024₹35.8t₹6.8t₹657.0b34x54.4x5.3x
Fri, 06 Sep 2024₹36.8t₹6.8t₹654.3b37.2x56.2x5.4x
Sun, 04 Aug 2024₹35.3t₹6.7t₹649.1b35.4x54.4x5.2x
Tue, 02 Jul 2024₹33.1t₹6.6t₹635.7b33x52x5x
Thu, 30 May 2024₹31.1t₹6.6t₹623.7b30x49.9x4.8x
Sat, 27 Apr 2024₹30.8t₹6.5t₹620.2b30.9x49.7x4.8x
Mon, 25 Mar 2024₹30.1t₹6.4t₹617.9b27.9x48.7x4.7x
Wed, 21 Feb 2024₹30.3t₹6.4t₹616.1b31.4x49.3x4.7x
Fri, 19 Jan 2024₹30.9t₹6.4t₹601.0b31.8x51.5x4.8x
Sun, 17 Dec 2023₹30.3t₹6.4t₹599.8b30.6x50.5x4.7x
Tue, 14 Nov 2023₹29.1t₹6.4t₹598.9b30x48.6x4.5x
Thu, 12 Oct 2023₹29.1t₹6.3t₹600.4b30.3x48.4x4.6x
Sat, 09 Sep 2023₹28.8t₹6.5t₹600.4b30x48x4.5x
Mon, 07 Aug 2023₹28.7t₹6.5t₹594.9b28.6x48.2x4.4x
Wed, 05 Jul 2023₹28.8t₹6.4t₹589.7b28.8x48.9x4.5x
Fri, 02 Jun 2023₹27.8t₹6.4t₹587.8b28.3x47.2x4.3x
Sun, 30 Apr 2023₹26.3t₹6.1t₹585.8b25.4x45x4.3x
Tue, 28 Mar 2023₹25.0t₹6.1t₹578.8b22.4x43.1x4.1x
Price to Earnings Ratio

43.1x


Total Market Cap: ₹25.0tTotal Earnings: ₹578.8bTotal Revenue: ₹6.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Consumer Staples Sector Price to Earnings3Y Average 47.9x202420252026
Current Industry PE
  • Investors are pessimistic on the Indian Consumer Staples 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 38.5x which is lower than its 3-year average PE of 47.9x.
  • The 3-year average PS ratio of 4.5x is higher than the industry's current PS ratio of 3.5x.
Past Earnings Growth
  • The earnings for companies in the Consumer Staples industry have grown 8.3% per year over the last three years.
  • Revenues for these companies have grown 9.9% 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 Staples sector?

IN Market-0.17%
Consumer Staples-1.65%
Tobacco-0.57%
Food-0.62%
Beverage-1.70%
Food and Staples Retail-1.76%
Personal Products-3.14%
Household Products-4.59%
Industry PE
  • Investors are most optimistic about the Food and Staples Retail industry even though it's trading below its 3-year average PE ratio of 100x.
    • Analysts are expecting annual earnings growth of 17.2%, which is higher than its past year's earnings growth of 3.8% per year.
  • Investors are most pessimistic about the Tobacco industry, which is trading below its 3-year average of 27.0x.
Forecasted Growth
  • Analysts are most optimistic on the Beverage industry, expecting annual earnings growth of 19% over the next 5 years.
  • This is better than its past earnings growth rate of 4.2% per year.
  • In contrast, the Tobacco industry is expected to see its earnings grow by 2.7% 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
AWL AWL Agri Business₹192.1011.1%
+₹24.9b		-27.6%PE26.5x
519600 CCL Products (India)₹1.09k6.3%
+₹8.6b		83.3%PE38.7x
531335 Zydus Wellness₹424.755.2%
+₹6.6b		27.6%PE65.3x
HONASA Honasa Consumer₹289.207.5%
+₹6.6b		31.0%PE60.4x
BIKAJI Bikaji Foods International₹629.704.4%
+₹6.6b		-9.7%PE64x

Latest News

HONASA
₹289.20
Honasa Consumer
7D
7.5%
1Y
31.0%

HONASA: Lower Discount Rate And Higher Margins Will Support Repricing

Narrative Update: Honasa Consumer Analyst Price Target Revision Analysts have lifted their price target on Honasa Consumer from ₹400 to ₹500, citing changes to key model inputs such as a lower discount rate, a higher assumed profit margin, and a slightly different forward P/E assumption. Analyst Commentary Bullish analysts framing the new ₹500 price target are highlighting what they see as stronger fundamentals being reflected more fully in valuation, rather than a purely sentiment driven move.
532478
₹1,568.90
United Breweries
7D
-5.4%
1Y
-18.9%

532478: Fair Outlook Will Rely On New Launch And Margin Improvement

Analysts have maintained the price target for United Breweries at ₹1,500, citing small shifts in model inputs such as a slightly lower discount rate, adjusted revenue growth and profit margin assumptions, and a reduced future P/E multiple as the key drivers behind the unchanged headline number. What's in the News Board meeting scheduled on February 10, 2026 to consider and approve the unaudited standalone and consolidated financial results for the quarter and year to date ended December 31, 2025 (company filing).
GOKULAGRO
₹181.54
Gokul Agro Resources
7D
13.7%
1Y
44.4%
BIKAJI
₹629.70
Bikaji Foods International
7D
4.4%
1Y
-9.7%

BIKAJI: Planned Loans And Debentures Will Support Future Upside Potential

Analysts have nudged their price target for Bikaji Foods International slightly lower from ₹827.38 to ₹822.11, reflecting small adjustments to revenue growth assumptions, profit margin expectations, and the future P/E multiple. What's in the News Board meeting scheduled for January 27, 2026, to approve unaudited standalone and consolidated financial results for the quarter and nine months ending December 31, 2025, and to take on record the limited review report on these results (Key Developments).
531335
₹424.75
Zydus Wellness
7D
5.2%
1Y
27.6%
TATACONSUM
₹1,050.20
Tata Consumer Products
7D
-3.1%
1Y
9.3%

TATACONSUM: Stalled Nutrition Deal Will Shape Future Upside Potential

Analysts have inched up their price target on Tata Consumer Products to about ₹1,321 from roughly ₹1,313, reflecting fine tuned assumptions on long term revenue growth, margins and future P/E multiples. What's in the News Board meeting scheduled on Jan 27, 2026 at 11:00 IST to consider unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025, along with limited review reports from auditors (company filing).
AWL
₹192.10
AWL Agri Business
7D
11.1%
1Y
-27.6%

AWL: Upcoming Board And Leadership Decisions Will Support Future Upside Potential

Analysts have kept the fair value for AWL Agri Business steady at ₹360.0, with the unchanged price target largely supported by slightly adjusted assumptions for revenue growth, profit margin and future P/E, while the discount rate remains the same. What's in the News Board meeting scheduled on Feb 03, 2026 to consider and approve unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025 (company board notice).
BRITANNIA
₹5,618.50
Britannia Industries
7D
-3.3%
1Y
16.7%

BRITANNIA: New Leadership And Stable Assumptions Will Support Bullish Outlook

Analysts have inched up their price target on Britannia Industries to ₹6,762 from ₹6,732, reflecting slightly adjusted assumptions on fair value, revenue growth, profit margin and future P/E that remain largely consistent with prior views. What's in the News A board meeting is scheduled for Feb 10, 2026, to review and approve unaudited consolidated and standalone financial results for the quarter and nine months ended Dec 31, 2025, along with limited review reports from Walker Chandiok & Co LLP, statutory auditors (company filing).
533229
₹366.70
Bajaj Consumer Care
7D
9.8%
1Y
123.3%

533229: Lower Required Return And Higher P/E Will Drive Further Upside

Analysts have maintained their price target for Bajaj Consumer Care at ₹450. This reflects their updated view that slightly higher revenue growth, profit margins and forward P/E assumptions are now being factored in at a somewhat lower required return.
519600
₹1,089.05
CCL Products (India)
7D
6.3%
1Y
83.3%

519600: Overvaluation Concerns Will Focus On Interim Dividend Decision

Analysts have revised their price target for CCL Products (India) from ₹916.00 to ₹806.10. This reflects updated views on fair value based on slightly altered assumptions for revenue growth, profit margins and future P/E expectations.
HINDUNILVR
₹2,082.70
Hindustan Unilever
7D
-3.6%
1Y
-7.3%
DABUR
₹430.70
Dabur India
7D
-5.0%
1Y
-15.0%
ITC
₹299.95
ITC
7D
-0.5%
1Y
-26.0%
500459
₹9,716.75
Procter & Gamble Hygiene and Health Care
7D
-7.7%
1Y
-29.8%
530843
₹79.55
Cupid
7D
4.3%
1Y
510.4%
DMART
₹3,770.80
Avenue Supermarts
7D
-1.7%
1Y
-3.1%

Avenue Supermarts (NSE:DMART) Is Experiencing Growth In Returns On Capital

Jan 26
Avenue Supermarts (NSE:DMART) Is Experiencing Growth In Returns On Capital