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Indian (NIFTY) Food Industry Analysis

UpdatedMar 28, 2024
DataAggregated Company Financials
Companies231
  • 7D-0.08%
  • 3M-5.2%
  • 1Y25.8%
  • YTD-7.4%

The Food industry has been flat over the last week, but Tata Consumer Products has lost 3.3%. As for the the longer term, the industry is up 26% over the past 12 months. As for the next few years, earnings are expected to grow by 20% per annum.

Industry Valuation and Performance

Has the Indian Food Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 28 Mar 2024₹8.5t₹3.4t₹154.8b24.4x55x2.5x
Sat, 24 Feb 2024₹9.1t₹3.4t₹152.9b28.7x59.2x2.7x
Mon, 22 Jan 2024₹9.0t₹3.5t₹146.5b30.2x61.6x2.6x
Wed, 20 Dec 2023₹8.8t₹3.5t₹146.4b30x59.9x2.5x
Fri, 17 Nov 2023₹8.3t₹3.5t₹147.0b27.7x56.8x2.4x
Sun, 15 Oct 2023₹8.3t₹3.4t₹149.9b27.9x55.3x2.4x
Tue, 12 Sep 2023₹8.2t₹3.4t₹149.9b27.2x54.6x2.4x
Thu, 10 Aug 2023₹8.0t₹3.4t₹153.7b24.5x52.3x2.3x
Sat, 08 Jul 2023₹7.9t₹3.4t₹156.8b24.9x50.5x2.3x
Mon, 05 Jun 2023₹7.6t₹3.4t₹155.8b25.1x48.8x2.2x
Wed, 03 May 2023₹7.4t₹3.3t₹169.1b21.6x43.5x2.2x
Fri, 31 Mar 2023₹6.7t₹3.3t₹158.9b19.1x42.4x2x
Sun, 26 Feb 2023₹6.8t₹3.3t₹156.7b22.3x43.6x2.1x
Tue, 24 Jan 2023₹7.4t₹3.2t₹144.5b24.5x51x2.3x
Thu, 22 Dec 2022₹7.6t₹3.2t₹144.3b24.9x52.7x2.4x
Sat, 19 Nov 2022₹7.4t₹3.2t₹144.1b21.8x51.5x2.3x
Mon, 17 Oct 2022₹7.3t₹3.1t₹131.1b20.5x55.6x2.3x
Wed, 14 Sep 2022₹7.5t₹3.1t₹130.9b22.8x57x2.4x
Fri, 12 Aug 2022₹7.1t₹3.1t₹130.0b23.7x54.8x2.3x
Sun, 10 Jul 2022₹6.8t₹3.0t₹135.5b23x50.4x2.3x
Tue, 07 Jun 2022₹6.8t₹3.0t₹141.3b22.1x48.2x2.3x
Thu, 05 May 2022₹7.1t₹2.9t₹143.8b22.5x49.3x2.4x
Sat, 02 Apr 2022₹6.7t₹2.9t₹143.9b21.7x46.2x2.3x
Mon, 28 Feb 2022₹6.2t₹2.8t₹143.5b21.6x43.2x2.2x
Wed, 26 Jan 2022₹5.4t₹2.2t₹124.6b19x43.1x2.5x
Fri, 24 Dec 2021₹5.4t₹2.2t₹124.6b17x43.1x2.5x
Sun, 21 Nov 2021₹5.5t₹2.2t₹124.4b17.5x44.4x2.6x
Tue, 19 Oct 2021₹5.8t₹2.1t₹120.6b18.1x48.2x2.7x
Thu, 16 Sep 2021₹5.9t₹2.1t₹120.4b17.1x48.9x2.8x
Sat, 14 Aug 2021₹5.5t₹2.1t₹106.0b17.9x51.4x2.6x
Wed, 09 Jun 2021₹5.5t₹2.1t₹116.8b18.2x47x2.6x
Price to Earnings Ratio

43x


Total Market Cap: ₹5.0tTotal Earnings: ₹116.8bTotal Revenue: ₹2.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Food Industry Price to Earnings3Y Average 50.1x202220232024
Current Industry PE
  • Investors are optimistic on the Indian Food industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 55.0x which is higher than its 3-year average PE of 50.1x.
  • The industry is trading close to its 3-year average PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Food industry have grown 9.8% per year over the last three years.
  • Revenues for these companies have grown 18% 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 Market2.49%
Consumer Staples1.52%
Food-0.08%
Packaged Foods and Meats0.008%
Agricultural Products-2.35%
Industry PE
  • Investors are most optimistic about the Packaged Foods and Meats industry which is trading above its 3-year average PE ratio of 52.3x.
    • Analysts are expecting annual earnings growth of 20.0%, which is lower than the prior year's growth of 28.1% per year.
  • Investors are most pessimistic about the Agricultural Products industry, which is trading below its 3-year average of 61.2x.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 20% over the next 5 years.
  • However this is lower than its past earnings growth rate of 28% per year.
  • In contrast, the Agricultural Products industry is expected to see its earnings grow by 19% 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
500790 Nestlé India₹2.62k2.7%
+₹66.9b
37.6%PE84.3x
BRITANNIA Britannia Industries₹4.91k2.2%
+₹25.2b
14.9%PE54.8x
519156 Vadilal Industries₹4.35k17.8%
+₹4.7b
93.9%PE21.2x
BECTORFOOD Mrs. Bectors Food Specialities₹1.11k7.2%
+₹4.4b
107.0%PE48.8x
541974 Manorama Industries₹399.1519.2%
+₹3.8b
93.7%PE63.3x
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541974

₹399.15

Manorama Industries

7D

19.2%

1Y

93.7%

531642

₹496.90

Marico

7D

-0.7%

1Y

5.3%

519156

₹4,345.55

Vadilal Industries

7D

17.8%

1Y

93.9%

PATANJALI

₹1,338.40

Patanjali Foods

7D

-2.3%

1Y

44.6%

531531

₹1,008.00

Hatsun Agro Product

7D

-7.5%

1Y

26.1%

539889

₹208.05

Parag Milk Foods

7D

4.1%

1Y

188.1%

BECTORFOOD

₹1,114.70

Mrs. Bectors Food Specialities

7D

7.2%

1Y

107.0%

KRBL

₹277.35

KRBL

7D

-4.8%

1Y

-21.2%

RENUKA

₹39.70

Shree Renuka Sugars

7D

-3.3%

1Y

-7.1%

500790

₹2,623.30

Nestlé India

7D

2.7%

1Y

37.6%

HERITGFOOD

₹337.85

Heritage Foods

7D

3.1%

1Y

128.7%

GODREJAGRO

₹487.00

Godrej Agrovet

7D

-2.8%

1Y

20.8%

TATACONSUM

₹1,096.20

Tata Consumer Products

7D

-3.3%

1Y

57.2%