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Indian (NIFTY) Food Industry Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies202
  • 7D-2.1%
  • 3M-5.0%
  • 1Y19.6%
  • YTD14.6%

Over the last 7 days, the Food industry has dropped 2.1%, driven by a pullback from Tata Consumer Products of 7.9%. Meanwhile, Triveni Engineering & Industries actually outperformed within the industry, gaining 12% in the last week. This takes the industry's 12 month performance to a gain of 20%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sun, 28 Nov 2021₹5.4t₹2.2t₹124.6b17.4x
Tue, 26 Oct 2021₹5.5t₹2.1t₹121.5b16.9x
Thu, 23 Sep 2021₹5.8t₹2.1t₹120.5b16.7x
Sat, 21 Aug 2021₹5.6t₹2.1t₹106.0b17.5x
Sat, 05 Jun 2021₹5.5t₹2.1t₹116.8b18.2x
Tue, 09 Mar 2021₹4.9t₹2.0t₹104.7b16.4x
Mon, 30 Nov 2020₹4.9t₹1.9t₹175.9b14.1x
Thu, 03 Sep 2020₹4.7t₹1.9t₹172.5b15.1x
Sun, 07 Jun 2020₹4.3t₹1.9t₹164.2b13.5x
Sat, 29 Feb 2020₹3.8t₹1.8t₹98.3b13.5x
Tue, 03 Dec 2019₹3.7t₹1.7t₹86.9b14.1x
Fri, 06 Sep 2019₹3.4t₹1.7t₹83.6b13.7x
Mon, 10 Jun 2019₹3.4t₹1.7t₹80.3b17.6x
Sun, 03 Mar 2019₹3.3t₹1.7t₹70.1b17.4x
Wed, 05 Dec 2018₹3.4t₹1.7t₹76.7b18.3x
PE Ratio

18.3x

Total Market Cap: ₹3.4tTotal Earnings: ₹76.7bTotal Revenue: ₹1.7t0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 15.6x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Food industry have grown 18% per year over the last three years, and revenues for these companies have grown 9.3% 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 Food industry?

Agricultural Products-0.95%
Packaged Foods and Meats-2.15%

Industry PE: Investors are most optimistic about the Agricultural Products industry which is trading above its 3-year average PE ratio of 22.3x. However analysts are expecting annual earnings growth of 18%, which is lower than the prior year's growth of 35% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Packaged Foods and Meats industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 13.9x.

Forecasted Growth: Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 20% over the next 5 years. This is better than it's past earnings growth rate of 15% per year. Meanwhile, the Agricultural Products industry is expected to see its earnings grow by 18% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
532356 Triveni Engineering & Industries12.0%+₹5.8b211.5%PE14.8x
531449 GRM Overseas24.6%+₹4.3b1,471.6%PE32.2x
531531 Hatsun Agro Product0.9%+₹2.5b81.0%PE104.7x
539725 Gokul Agro Resources17.1%+₹1.5b412.8%PE14.9x
534927 Esteem Bio Organic Food Processingn/a₹1.3bn/aPE69.3x
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TATACONSUM

₹766.70

Tata Consumer Products

7D

-7.9%

1Y

42.5%