Narrative Update • Jun 04
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Indian (NIFTY) Food and Staples Retail Industry Analysis
UpdatedJun 24, 2026
DataAggregated Company Financials
Companies56
- 7D4.2%
- 3M12.5%
- 1Y2.1%
- YTD17.6%
In the last week, the Food and Staples Retail industry is up 4.2%, with Avenue Supermarts up 1.1%. Despite this gain, the industry's performance has been flat over the past year. Earnings are forecast to grow by 18% annually.
Industry Valuation and Performance
Has the Indian Food and Staples Retail Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Jun 2026 | ₹3.1t | ₹897.4b | ₹35.2b | 20.1x | 87.1x | 3.4x |
| Sat, 23 May 2026 | ₹2.9t | ₹894.2b | ₹34.8b | 21.4x | 82.9x | 3.2x |
| Mon, 20 Apr 2026 | ₹3.2t | ₹859.8b | ₹33.6b | 30.7x | 94.9x | 3.7x |
| Wed, 18 Mar 2026 | ₹2.6t | ₹859.8b | ₹33.6b | 29.1x | 78.1x | 3.1x |
| Fri, 13 Feb 2026 | ₹2.8t | ₹859.0b | ₹33.5b | 28.7x | 82.4x | 3.2x |
| Sun, 11 Jan 2026 | ₹2.6t | ₹831.7b | ₹31.8b | 23.4x | 83.3x | 3.2x |
| Tue, 09 Dec 2025 | ₹2.7t | ₹831.7b | ₹31.8b | 25.9x | 84.8x | 3.2x |
| Thu, 06 Nov 2025 | ₹2.9t | ₹818.9b | ₹30.9b | 29x | 93.6x | 3.5x |
| Sat, 04 Oct 2025 | ₹3.0t | ₹791.8b | ₹30.5b | 23.4x | 99.6x | 3.8x |
| Mon, 01 Sep 2025 | ₹3.3t | ₹791.4b | ₹30.4b | 24.7x | 107.7x | 4.1x |
| Wed, 30 Jul 2025 | ₹2.8t | ₹788.9b | ₹30.0b | 40.7x | 92.5x | 3.5x |
| Fri, 27 Jun 2025 | ₹3.0t | ₹763.3b | ₹29.8b | 51.4x | 100x | 3.9x |
| Sun, 25 May 2025 | ₹2.9t | ₹760.5b | ₹30.2b | 29.4x | 95.4x | 3.8x |
| Tue, 22 Apr 2025 | ₹3.0t | ₹739.1b | ₹30.3b | 23.2x | 98.8x | 4.1x |
| Thu, 20 Mar 2025 | ₹2.7t | ₹738.6b | ₹30.3b | 29.8x | 87.7x | 3.6x |
| Sat, 15 Feb 2025 | ₹2.6t | ₹742.6b | ₹30.3b | 33x | 84.5x | 3.4x |
| Mon, 13 Jan 2025 | ₹2.6t | ₹167.3b | ₹2.9b | 40x | 889.5x | 15.5x |
| Wed, 11 Dec 2024 | ₹2.7t | ₹715.3b | ₹29.8b | 40.7x | 90x | 3.7x |
| Fri, 08 Nov 2024 | ₹2.7t | ₹712.1b | ₹29.6b | 38.6x | 91.2x | 3.8x |
| Sun, 06 Oct 2024 | ₹3.2t | ₹691.1b | ₹29.1b | 33.2x | 111.1x | 4.7x |
| Tue, 03 Sep 2024 | ₹3.4t | ₹685.8b | ₹29.1b | 34.2x | 118x | 5x |
| Thu, 01 Aug 2024 | ₹3.4t | ₹676.1b | ₹28.6b | 45.2x | 118.8x | 5x |
| Sat, 29 Jun 2024 | ₹3.2t | ₹651.6b | ₹27.3b | 38.8x | 118.4x | 5x |
| Mon, 27 May 2024 | ₹3.2t | ₹651.1b | ₹27.0b | 41.4x | 118.5x | 4.9x |
| Wed, 24 Apr 2024 | ₹3.3t | ₹629.3b | ₹25.8b | 34.9x | 125.9x | 5.2x |
| Fri, 22 Mar 2024 | ₹2.8t | ₹629.2b | ₹25.8b | 30x | 109.4x | 4.5x |
| Sun, 18 Feb 2024 | ₹2.5t | ₹629.0b | ₹25.8b | 35.4x | 97.8x | 4x |
| Tue, 16 Jan 2024 | ₹2.6t | ₹624.5b | ₹26.1b | 32.8x | 101.2x | 4.2x |
| Thu, 14 Dec 2023 | ₹2.7t | ₹604.1b | ₹25.0b | 35x | 109.9x | 4.5x |
| Sat, 11 Nov 2023 | ₹2.6t | ₹603.9b | ₹24.9b | 49.1x | 104.4x | 4.3x |
| Mon, 09 Oct 2023 | ₹2.6t | ₹579.2b | ₹25.4b | 47.2x | 102.9x | 4.5x |
| Wed, 06 Sep 2023 | ₹2.6t | ₹581.4b | ₹25.5b | 49.8x | 101.5x | 4.5x |
| Fri, 04 Aug 2023 | ₹2.6t | ₹584.8b | ₹25.5b | 44.5x | 100.3x | 4.4x |
| Sun, 02 Jul 2023 | ₹2.6t | ₹565.9b | ₹25.3b | 44.5x | 104.9x | 4.7x |
Price to Earnings Ratio
104.9x
Current Industry PE
- Investors are pessimistic on the Indian Consumer Retailing 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 87.1x which is lower than its 3-year average PE of 99x.
- The 3-year average PS ratio of 4.0x is higher than the industry's current PS ratio of 3.4x.
Past Earnings Growth
- The earnings for companies in the Consumer Retailing industry have grown 12% per year over the last three years.
- Revenues for these companies have grown 17% 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 | 0.57% | |
| Consumer Staples | -0.49% | |
| Food and Staples Retail | 4.18% | |
| Food Retail | 4.52% | |
| Food Distributors | 2.85% | |
| Big Box Super Stores | 0% | 0 |
| Drug Retail | -3.76% | |
Industry PE
- Investors are most optimistic about the Food Retail industry even though it's trading below its 3-year average PE ratio of 113x.
- Analysts are expecting annual earnings growth of 17.7%, which is higher than its past year's earnings growth of 9.7% per year.
- Investors are most pessimistic about the Food Distributors industry, which is trading below its 3-year average of 42.1x.
Forecasted Growth
- Analysts are most optimistic on the Food Retail industry, expecting annual earnings growth of 18% over the next 5 years.
- This is better than its past earnings growth rate of 9.7% per year.
- In contrast, the Drug Retail industry is expected to see its earnings grow by 17% 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 | |
|---|---|---|---|---|---|
| DMART Avenue Supermarts | ₹4.34k | 1.1% +₹31.6b | 1.4% | PE95.2x | |
| 512065 Mrugesh Trading | ₹52.60 | 10.4% +₹3.6b | n/a | PS306.1x | |
| 532070 Gujjubhai Industries | ₹129.65 | 8.6% +₹214.4m | -48.1% | PE52.4x | |
| 544552 Rukmani Devi Garg Agro Impex | ₹109.00 | 9.2% +₹81.7m | n/a | PE10.9x | |
| MAGSON Magson Retail and Distribution | ₹170.00 | 6.3% +₹78.5m | 23.9% | PE156.8x |