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Indian (NIFTY) Beverage Industry Analysis
UpdatedNov 20, 2024
DataAggregated Company Financials
Companies23
- 7D3.9%
- 3M2.9%
- 1Y41.8%
- YTD24.2%
In the last week, the Beverage industry is up 3.9%, with Varun Beverages up 7.9%. This takes the industry's 12 month performance to a gain of 42%. As for the next few years, earnings are expected to grow by 22% per annum.
Industry Valuation and Performance
Has the Indian Beverage Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 20 Nov 2024 | ₹4.2t | ₹571.7b | ₹54.3b | 38.9x | 77.1x | 7.3x |
| Fri, 18 Oct 2024 | ₹4.1t | ₹599.2b | ₹52.4b | 42.7x | 78.7x | 6.9x |
| Sun, 15 Sep 2024 | ₹4.3t | ₹599.2b | ₹52.4b | 48x | 82.8x | 7.2x |
| Tue, 13 Aug 2024 | ₹3.9t | ₹598.6b | ₹52.3b | 43.3x | 75.3x | 6.6x |
| Thu, 11 Jul 2024 | ₹4.1t | ₹530.4b | ₹49.0b | 45.4x | 82.6x | 7.6x |
| Sat, 08 Jun 2024 | ₹3.9t | ₹505.4b | ₹48.9b | 42.4x | 79.1x | 7.7x |
| Mon, 06 May 2024 | ₹3.8t | ₹484.5b | ₹46.3b | 40x | 81.6x | 7.8x |
| Wed, 03 Apr 2024 | ₹3.5t | ₹482.6b | ₹45.9b | 39x | 77.1x | 7.3x |
| Fri, 01 Mar 2024 | ₹3.5t | ₹482.6b | ₹45.9b | 36.6x | 76.3x | 7.2x |
| Sun, 28 Jan 2024 | ₹3.3t | ₹470.8b | ₹44.6b | 25.6x | 74.5x | 7x |
| Tue, 26 Dec 2023 | ₹3.2t | ₹466.9b | ₹43.1b | 32.2x | 74.6x | 6.9x |
| Thu, 23 Nov 2023 | ₹2.9t | ₹466.9b | ₹43.1b | 29.9x | 67.2x | 6.2x |
| Sat, 21 Oct 2023 | ₹2.7t | ₹456.2b | ₹44.1b | 28.1x | 61.4x | 5.9x |
| Mon, 18 Sep 2023 | ₹2.7t | ₹627.2b | ₹44.1b | 25.4x | 61.3x | 4.3x |
| Wed, 16 Aug 2023 | ₹2.6t | ₹627.7b | ₹44.1b | 23x | 58.8x | 4.1x |
| Fri, 14 Jul 2023 | ₹2.5t | ₹615.8b | ₹39.8b | 24.5x | 62.5x | 4x |
| Sun, 11 Jun 2023 | ₹2.4t | ₹617.2b | ₹39.8b | 24.7x | 59.6x | 3.8x |
| Tue, 09 May 2023 | ₹2.2t | ₹441.3b | ₹40.5b | 21.9x | 53.3x | 4.9x |
| Thu, 06 Apr 2023 | ₹2.1t | ₹430.6b | ₹40.1b | 36.8x | 52.5x | 4.9x |
| Sat, 04 Mar 2023 | ₹2.1t | ₹430.6b | ₹40.1b | 34.8x | 52x | 4.8x |
| Mon, 30 Jan 2023 | ₹2.0t | ₹420.4b | ₹39.7b | 41.8x | 51.1x | 4.8x |
| Wed, 28 Dec 2022 | ₹2.2t | ₹420.5b | ₹40.3b | 37.9x | 54.1x | 5.2x |
| Fri, 25 Nov 2022 | ₹2.1t | ₹416.3b | ₹39.8b | 32.5x | 51.7x | 4.9x |
| Sun, 23 Oct 2022 | ₹1.9t | ₹400.4b | ₹36.3b | 22x | 52.4x | 4.7x |
| Tue, 20 Sep 2022 | ₹2.0t | ₹396.0b | ₹35.6b | 24.8x | 55.2x | 5x |
| Thu, 18 Aug 2022 | ₹1.9t | ₹395.8b | ₹35.9b | 25.5x | 52.9x | 4.8x |
| Sat, 16 Jul 2022 | ₹1.8t | ₹342.2b | ₹27.3b | 19.5x | 65x | 5.2x |
| Mon, 13 Jun 2022 | ₹1.6t | ₹339.4b | ₹27.2b | 20.8x | 60.3x | 4.8x |
| Wed, 11 May 2022 | ₹1.6t | ₹325.4b | ₹27.2b | 19.9x | 59.1x | 4.9x |
| Fri, 08 Apr 2022 | ₹1.7t | ₹318.8b | ₹25.3b | 18.3x | 66.4x | 5.3x |
| Sun, 06 Mar 2022 | ₹1.5t | ₹318.8b | ₹25.3b | 19x | 60.6x | 4.8x |
| Tue, 01 Feb 2022 | ₹1.7t | ₹312.6b | ₹25.2b | 22.3x | 66.1x | 5.3x |
| Thu, 30 Dec 2021 | ₹1.7t | ₹305.9b | ₹25.5b | 20.7x | 66x | 5.5x |
| Sat, 27 Nov 2021 | ₹1.6t | ₹305.9b | ₹25.4b | 19.3x | 63.9x | 5.3x |
Price to Earnings Ratio
63.9x
Current Industry PE
- Investors are optimistic on the Indian Beverage industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 77.1x which is higher than its 3-year average PE of 64.9x.
- The 3-year average PS ratio of 5.6x is lower than the industry's current PS ratio of 7.3x.
Past Earnings Growth
- The earnings for companies in the Beverage industry have grown 29% per year over the last three years.
- Revenues for these companies have grown 23% 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 industry?
| IN Market | -1.80% | |
| Consumer Staples | -1.14% | |
| Beverage | 3.91% | |
| Soft Drinks | 7.85% | |
| Distillers and Wine Makers | 1.01% | |
| Brewers | -1.51% | |
Industry PE
- Investors are most optimistic about the Brewers industry even though it's trading below its 3-year average PE ratio of 112x.
- Analysts are expecting annual earnings growth of 27.2%, which is lower than the prior year's growth of 87.9% per year.
- Investors are most pessimistic about the Distillers and Wine Makers industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 51.9x.
Forecasted Growth
- Analysts are most optimistic on the Brewers industry, expecting annual earnings growth of 27% over the next 5 years.
- However this is lower than its past earnings growth rate of 88% per year.
- In contrast, the Distillers and Wine Makers industry is expected to see its earnings grow by 20% 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 | |
|---|---|---|---|---|---|
| VBL Varun Beverages | ₹630.35 | 7.9% +₹149.6b | 51.8% | PE80.6x | |
| UNITDSPR United Spirits | ₹1.49k | 2.8% +₹28.8b | 41.2% | PE74.5x | |
| 523309 Shri Gang Industries & Allied Products | ₹106.65 | 48.7% +₹626.5m | -12.3% | PE19.4x | |
| 507205 Tilaknagar Industries | ₹343.45 | 0.7% +₹482.4m | 22.4% | PE38.2x | |
| 507526 Associated Alcohols & Breweries | ₹912.35 | 1.1% +₹179.9m | 102.1% | PE28.5x |
