Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Indian (NIFTY) Consumer Staples Sector Analysis

UpdatedJun 24, 2026
DataAggregated Company Financials
Companies404
  • 7D-0.5%
  • 3M5.6%
  • 1Y-6.4%
  • YTD-5.2%

Last week, the Consumer Staples industry hasn't moved much but United Spirits is up 3.9% in that time. As for the longer term, the industry has declined 6.4% in the last year. As for the next few years, earnings are expected to grow by 12% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 24 Jun 2026₹29.8t₹8.3t₹764.9b20.6x38.9x3.6x
Fri, 22 May 2026₹30.6t₹8.3t₹760.3b20.8x40.2x3.7x
Sun, 19 Apr 2026₹30.7t₹8.1t₹737.6b21.4x41.6x3.8x
Tue, 17 Mar 2026₹28.8t₹8.0t₹735.8b19.8x39.1x3.6x
Thu, 12 Feb 2026₹31.4t₹7.9t₹738.3b23.3x42.5x4x
Sat, 10 Jan 2026₹31.3t₹7.8t₹722.3b23.1x43.3x4x
Mon, 08 Dec 2025₹31.7t₹7.8t₹722.9b24.4x43.9x4.1x
Wed, 05 Nov 2025₹32.5t₹7.6t₹713.8b24.8x45.6x4.3x
Fri, 03 Oct 2025₹32.4t₹7.5t₹705.9b24.7x45.9x4.3x
Sun, 31 Aug 2025₹33.3t₹7.5t₹705.4b25.2x47.3x4.4x
Tue, 29 Jul 2025₹31.9t₹7.3t₹697.5b26.6x45.7x4.3x
Thu, 26 Jun 2025₹31.6t₹7.3t₹698.6b26.4x45.3x4.4x
Sat, 24 May 2025₹32.1t₹7.3t₹692.6b25.1x46.4x4.4x
Mon, 21 Apr 2025₹32.2t₹7.1t₹665.8b23.4x48.4x4.6x
Wed, 19 Mar 2025₹29.6t₹7.1t₹665.6b23.7x44.5x4.2x
Fri, 14 Feb 2025₹30.0t₹7.0t₹671.2b25x44.7x4.3x
Sun, 12 Jan 2025₹31.9t₹6.9t₹668.6b28.8x47.7x4.6x
Tue, 10 Dec 2024₹32.5t₹6.9t₹668.3b30.8x48.6x4.7x
Thu, 07 Nov 2024₹33.6t₹6.9t₹667.4b34.1x50.3x4.9x
Sat, 05 Oct 2024₹36.0t₹6.8t₹657.3b34.1x54.7x5.3x
Mon, 02 Sep 2024₹36.3t₹6.8t₹654.3b36x55.4x5.4x
Wed, 31 Jul 2024₹35.4t₹6.7t₹647.3b35.7x54.6x5.3x
Fri, 28 Jun 2024₹32.7t₹6.5t₹635.7b33.6x51.5x5x
Sun, 26 May 2024₹31.5t₹6.7t₹623.7b31.5x50.5x4.7x
Tue, 23 Apr 2024₹30.1t₹6.4t₹618.7b29.5x48.7x4.7x
Thu, 21 Mar 2024₹29.6t₹6.4t₹617.9b27.4x47.9x4.6x
Sat, 17 Feb 2024₹30.1t₹6.4t₹616.2b31.3x48.8x4.7x
Mon, 15 Jan 2024₹31.3t₹6.4t₹600.9b32.6x52.1x4.9x
Wed, 13 Dec 2023₹30.2t₹6.4t₹599.8b30.7x50.3x4.7x
Fri, 10 Nov 2023₹29.0t₹6.4t₹597.7b29.7x48.5x4.6x
Sun, 08 Oct 2023₹28.7t₹6.3t₹600.5b30.5x47.9x4.6x
Tue, 05 Sep 2023₹28.5t₹6.5t₹600.4b29x47.4x4.4x
Thu, 03 Aug 2023₹28.8t₹6.5t₹591.8b28.9x48.6x4.4x
Sat, 01 Jul 2023₹28.6t₹6.4t₹588.5b28.9x48.6x4.5x
Price to Earnings Ratio

48.6x


Total Market Cap: ₹28.6tTotal Earnings: ₹588.5bTotal Revenue: ₹6.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Consumer Staples Sector Price to Earnings3Y Average 47.4x202420252026
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 38.9x which is lower than its 3-year average PE of 47.4x.
  • The 3-year average PS ratio of 4.5x is higher than the industry's current PS ratio of 3.6x.
Past Earnings Growth
  • The earnings for companies in the Consumer Staples industry have grown 9.1% per year over the last three years.
  • Revenues for these companies have grown 9.1% 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 Staples sector?

IN Market0.57%
Consumer Staples-0.49%
Food and Staples Retail4.18%
Household Products0.40%
Food-0.29%
Tobacco-0.59%
Personal Products-1.54%
Beverage-2.00%
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 99x.
    • Analysts expect its future annual earnings growth (17.7%) to be largely in line with prior year's earnings growth.
  • Investors are most pessimistic about the Tobacco industry, which is trading below its 3-year average of 26.2x.
Forecasted Growth
  • Analysts are most optimistic on the Food and Staples Retail industry, expecting annual earnings growth of 18% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Tobacco industry is expected to see its earnings grow by 3.7% 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
UNITDSPR United Spirits₹1.36k3.9%
+₹36.3b		-6.6%PE56.5x
DMART Avenue Supermarts₹4.34k1.1%
+₹31.6b		1.4%PE95.2x
RADICO Radico Khaitan₹3.76k5.2%
+₹24.8b		39.7%PE83.3x
530843 Cupid₹179.558.5%
+₹18.9b		766.1%PE223.1x
531642 Marico₹819.501.7%
+₹18.0b		16.4%PE60.4x

Latest News

DABUR
₹424.10
Dabur India
7D
-1.1%
1Y
-11.7%
Narrative Update • Jun 23

DABUR: Higher Final Dividend Will Support Future Shareholder Returns

The latest Narrative Update on Dabur India reflects a small reduction in the analyst price target to about ₹525 from roughly ₹527, with analysts pointing to adjusted assumptions for the discount rate, revenue growth, profit margin, and future P/E as the basis for this recalibration. What’s in the News for Dabur India Dabur India recommended a final dividend of 550% for the 2025-26 financial year, according to a key corporate filing.
500830
₹1,966.70
Colgate-Palmolive (India)
7D
-3.3%
1Y
-18.7%
Narrative Update • Jun 23

500830: Beauty-Led Oral Care Focus Will Support Attractive Outlook Into 2026

Analysts have made a small trim to their fair value estimate for Colgate-Palmolive (India), nudging the target from about ₹2,263.70 to roughly ₹2,254.62 as they factor in slightly higher discount rates, marginally softer revenue growth assumptions, and a modestly lower profit margin, partly offset by a steady view on future P/E levels. What's in the News Colgate-Palmolive (India) has scheduled a Board Meeting for May 22, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026.
VBL
₹506.70
Varun Beverages
7D
-6.9%
1Y
10.1%
Narrative Update • Jun 23

VBL: Upcoming Interim Dividend Decision Will Support Bullish Outlook

Analysts have maintained their price target on Varun Beverages at around ₹587. This reflects unchanged views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions.
TATACONSUM
₹1,098.10
Tata Consumer Products
7D
-2.3%
1Y
-2.5%
Narrative Update • Jun 22

TATACONSUM: Dividend And New Instant Tea Capacity Will Support Upside

Analysts have kept their fair value estimate for Tata Consumer Products steady at ₹1,347.83, citing only marginal model tweaks to revenue growth, profit margin and future P/E assumptions that were not enough to alter the overall price target. What's in the News for Tata Consumer Products Tata Consumer Products has scheduled a board meeting for May 8, 2026, at 14:00 IST to consider and approve audited standalone and consolidated financial results and statements for the quarter and financial year ended March 31, 2026, and to review related auditors' reports.
500790
₹1,382.05
Nestlé India
7D
-1.8%
1Y
15.0%
HINDUNILVR
₹2,157.80
Hindustan Unilever
7D
-1.8%
1Y
-5.3%
Narrative Update • Jun 18

HINDUNILVR: Capacity Expansion And Renewable Facilities Will Support Future Upside Potential

Analysts have slightly reduced their fair value estimate for Hindustan Unilever to about ₹2,558, citing small adjustments to long term revenue growth, profit margin assumptions and future P/E expectations. What’s in the News for Hindustan Unilever Board meeting scheduled for July 28, 2026, at 14:00 Indian Standard Time to consider Hindustan Unilever’s first quarter results.
UNITDSPR
₹1,359.10
United Spirits
7D
3.9%
1Y
-6.6%
Narrative Update • Jun 18

UNITDSPR: Planned Sports Stake Sale Will Support Higher Future Cash Returns

Analysts have nudged their price target for United Spirits slightly lower to ₹1,758 from ₹1,762, citing updated assumptions around revenue growth, profit margins and future P/E expectations. What’s in the News for United Spirits At a board meeting on March 24, 2026, United Spirits approved the sale of 14,690 equity shares of Royal Challengers Sports Private Limited, a wholly owned subsidiary of United Spirits, for an aggregate consideration of ₹166.6b, subject to adjustments and conditions under the share purchase agreement (Source: Company board meeting disclosure).
519600
₹1,167.35
CCL Products (India)
7D
4.8%
1Y
38.0%
Narrative Update • Jun 18

519600: Overvaluation Risks Will Persist As Final Dividend Proposal Nears

Analysts have kept their price target for CCL Products (India) broadly unchanged at around ₹969, citing only small adjustments to revenue growth, profit margin expectations and future P/E assumptions in their updated models. What’s in the News for CCL Products (India) CCL Products (India) has scheduled a board meeting on May 7, 2026, at 15:20 Indian Standard Time to review audited standalone and consolidated financial results for the fourth quarter and full financial year ended March 31, 2026.
531642
₹819.50
Marico
7D
1.7%
1Y
16.4%
Narrative Update • Jun 17

531642: Shampoo Entry And Upcoming Results Will Support Bullish Return Outlook

Analysts have nudged their price target on Marico slightly higher to ₹898 from about ₹895, reflecting minor model updates to fair value, profit margin and future P/E assumptions, while keeping the discount rate effectively unchanged. What's in the News for Marico Marico launched Parachute Advansed Protein Shampoo, entering the hair cleansing category with a range focused on preventing protein loss in hair and extending its Parachute Advansed brand into damage repair and related hair care segments.
AWL
₹183.09
AWL Agri Business
7D
-5.4%
1Y
-29.4%
531335
₹524.95
Zydus Wellness
7D
3.7%
1Y
29.0%
Narrative Update • Jun 16

531335: Upcoming Board Meeting And Dividend Decision Will Guide Fairly Valued Shares

Analysts have kept their price target for Zydus Wellness unchanged at ₹564.29, reflecting steady views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions. What’s in the News for Zydus Wellness Zydus Wellness has scheduled a board meeting on May 18, 2026.
PATANJALI
₹414.20
Patanjali Foods
7D
-1.1%
1Y
-23.9%
New Narrative • Jun 16

Patanjali Foods Stock Will Face Margin Strains Yet Benefit From Edible Oil Strength

Catalysts About Patanjali Foods Patanjali Foods is a diversified Indian consumer company focused on edible oils, food staples and fast moving consumer products across home, personal care and nutraceuticals. What are the underlying business or industry changes driving this perspective?
BRITANNIA
₹5,262.50
Britannia Industries
7D
0.6%
1Y
-7.8%
Narrative Update • Jun 16

BRITANNIA: Upcoming ₹90.50 Dividend Will Support Confident Long Term Outlook

Analysts have trimmed their price target on Britannia Industries slightly, with fair value estimates moving from about ₹6,251.65 to roughly ₹6,238.41. This reflects small tweaks to revenue growth, profit margin and future P/E assumptions.
RADICO
₹3,757.70
Radico Khaitan
7D
5.2%
1Y
39.7%
Narrative Update • Jun 07

RADICO: Upcoming Results And Dividend Outlook Will Support Upside

Analysts have raised their price target on Radico Khaitan from ₹3,560.17 to ₹3,894.25, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E expectations. What's in the News A board meeting is scheduled for May 06, 2026, at 13:15 IST to review and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.
530843
₹179.55
Cupid
7D
8.5%
1Y
766.1%
DMART
₹4,336.00
Avenue Supermarts
7D
1.1%
1Y
1.4%