Narrative Update • Jul 24
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Indian (NIFTY) Consumer Staples Sector Analysis
UpdatedJul 26, 2026
DataAggregated Company Financials
Companies406
- 7D0.3%
- 3M-3.8%
- 1Y-8.3%
- YTD-5.9%
Over the last 7 days, the Consumer Staples industry has remained flat, although notably United Spirits gained 6.6%. Unfortunately though, the industry is down 8.3% over the past 12 months. Earnings are forecast to grow by 12% annually.
Sector Valuation and Performance
Has the Indian Consumer Staples Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 26 Jul 2026 | ₹29.6t | ₹8.4t | ₹770.2b | 19.9x | 38.4x | 3.5x |
| Tue, 23 Jun 2026 | ₹29.9t | ₹8.3t | ₹768.4b | 21x | 39x | 3.6x |
| Thu, 21 May 2026 | ₹30.7t | ₹8.3t | ₹761.6b | 21x | 40.3x | 3.7x |
| Sat, 18 Apr 2026 | ₹30.7t | ₹8.1t | ₹737.3b | 21.4x | 41.6x | 3.8x |
| Mon, 16 Mar 2026 | ₹28.8t | ₹8.0t | ₹735.8b | 19.8x | 39.1x | 3.6x |
| Wed, 11 Feb 2026 | ₹31.4t | ₹7.9t | ₹736.5b | 23.3x | 42.6x | 4x |
| Fri, 09 Jan 2026 | ₹31.6t | ₹7.8t | ₹722.3b | 24x | 43.7x | 4.1x |
| Sun, 07 Dec 2025 | ₹31.7t | ₹7.8t | ₹722.9b | 25x | 43.9x | 4.1x |
| Tue, 04 Nov 2025 | ₹32.7t | ₹7.6t | ₹713.6b | 24.8x | 45.8x | 4.3x |
| Thu, 02 Oct 2025 | ₹32.4t | ₹7.5t | ₹705.8b | 24.8x | 45.9x | 4.3x |
| Sat, 30 Aug 2025 | ₹33.3t | ₹7.5t | ₹705.4b | 25.5x | 47.3x | 4.4x |
| Mon, 28 Jul 2025 | ₹31.8t | ₹7.3t | ₹697.5b | 26.7x | 45.7x | 4.3x |
| Wed, 25 Jun 2025 | ₹31.3t | ₹7.3t | ₹698.6b | 25.8x | 44.8x | 4.3x |
| Fri, 23 May 2025 | ₹31.7t | ₹7.3t | ₹695.0b | 25x | 45.6x | 4.3x |
| Sun, 20 Apr 2025 | ₹32.2t | ₹7.1t | ₹665.8b | 23x | 48.4x | 4.6x |
| Tue, 18 Mar 2025 | ₹29.2t | ₹7.1t | ₹665.6b | 24x | 43.9x | 4.1x |
| Thu, 13 Feb 2025 | ₹30.3t | ₹7.0t | ₹672.0b | 25.8x | 45x | 4.3x |
| Sat, 11 Jan 2025 | ₹31.9t | ₹6.9t | ₹668.6b | 28.8x | 47.7x | 4.6x |
| Mon, 09 Dec 2024 | ₹33.0t | ₹6.9t | ₹668.3b | 31.6x | 49.4x | 4.8x |
| Wed, 06 Nov 2024 | ₹33.4t | ₹6.9t | ₹667.6b | 34.3x | 50x | 4.9x |
| Fri, 04 Oct 2024 | ₹36.6t | ₹6.8t | ₹657.3b | 34.5x | 55.7x | 5.4x |
| Sun, 01 Sep 2024 | ₹36.3t | ₹6.8t | ₹654.3b | 36x | 55.4x | 5.4x |
| Tue, 30 Jul 2024 | ₹35.7t | ₹6.7t | ₹642.5b | 35.4x | 55.6x | 5.4x |
| Thu, 27 Jun 2024 | ₹32.5t | ₹6.5t | ₹635.7b | 33.5x | 51.2x | 5x |
| Sat, 25 May 2024 | ₹31.5t | ₹6.5t | ₹622.4b | 31x | 50.6x | 4.8x |
| Mon, 22 Apr 2024 | ₹30.1t | ₹6.4t | ₹618.7b | 29.5x | 48.7x | 4.7x |
| Wed, 20 Mar 2024 | ₹29.5t | ₹6.4t | ₹617.8b | 27.3x | 47.7x | 4.6x |
| Fri, 16 Feb 2024 | ₹29.9t | ₹6.4t | ₹616.1b | 31.7x | 48.6x | 4.7x |
| Sun, 14 Jan 2024 | ₹31.3t | ₹6.4t | ₹599.9b | 32.6x | 52.2x | 4.9x |
| Tue, 12 Dec 2023 | ₹30.2t | ₹6.4t | ₹599.8b | 30.9x | 50.4x | 4.7x |
| Thu, 09 Nov 2023 | ₹29.2t | ₹6.4t | ₹599.4b | 29.7x | 48.8x | 4.6x |
| Sat, 07 Oct 2023 | ₹28.7t | ₹6.3t | ₹600.5b | 30.5x | 47.9x | 4.6x |
| Mon, 04 Sep 2023 | ₹28.4t | ₹6.5t | ₹600.5b | 28.5x | 47.4x | 4.4x |
| Wed, 02 Aug 2023 | ₹28.9t | ₹6.5t | ₹591.6b | 29.4x | 48.8x | 4.5x |
Price to Earnings Ratio
48.8x
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 38.4x which is lower than its 3-year average PE of 47.1x.
- 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 9.2% per year over the last three years.
- Revenues for these companies have grown 8.9% 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 | -1.36% | |
| Consumer Staples | 0.30% | |
| Beverage | 1.55% | |
| Food and Staples Retail | 1.41% | |
| Household Products | 1.08% | |
| Tobacco | 0.83% | |
| Personal Products | -0.026% | |
| Food | -0.44% | |
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 98.6x.
- Analysts expect its future annual earnings growth (17.6%) 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 25.9x.
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 3.4% 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 | |
|---|---|---|---|---|---|
| UNITDSPR United Spirits | ₹1.47k | 6.6% +₹64.9b | 12.0% | PE61.7x | |
| DMART Avenue Supermarts | ₹4.02k | 1.7% +₹43.6b | 0.5% | PE85.7x | |
| ITC ITC | ₹283.45 | 1.0% +₹34.5b | -30.8% | PE17.2x | |
| 500790 Nestlé India | ₹1.44k | 1.1% +₹30.5b | 26.9% | PE73x | |
| 532478 United Breweries | ₹1.40k | 4.3% +₹15.4b | -31.2% | PE89.5x |
