There's No Escaping LT Foods Limited's (NSE:LTFOODS) Muted Earnings Despite A 27% Share Price Rise
Jun 21
Indian (NIFTY) Food Industry Analysis
UpdatedJun 28, 2024
DataAggregated Company Financials
Companies235
- 7D-0.9%
- 3M8.0%
- 1Y17.0%
- YTD0.5%
Over the last 7 days, the Food industry has remained flat, although notably Bombay Burmah Trading Corporation gained 16%. As for the the longer term, the industry is up 17% over the past 12 months. Looking forward, earnings are forecast to grow by 18% annually.
Industry Valuation and Performance
Has the Indian Food Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 28 Jun 2024 | ₹9.3t | ₹3.5t | ₹188.0b | 27.4x | 49.3x | 2.7x |
| Sun, 26 May 2024 | ₹8.9t | ₹3.5t | ₹178.1b | 27.4x | 50x | 2.5x |
| Tue, 23 Apr 2024 | ₹8.5t | ₹3.4t | ₹154.9b | 26.8x | 55.1x | 2.5x |
| Thu, 21 Mar 2024 | ₹8.5t | ₹3.4t | ₹154.7b | 23.8x | 55x | 2.5x |
| Sat, 17 Feb 2024 | ₹8.9t | ₹3.4t | ₹153.0b | 27.9x | 57.9x | 2.6x |
| Mon, 15 Jan 2024 | ₹9.1t | ₹3.5t | ₹146.5b | 30.5x | 62.2x | 2.6x |
| Wed, 13 Dec 2023 | ₹8.6t | ₹3.5t | ₹146.4b | 29.1x | 59x | 2.5x |
| Fri, 10 Nov 2023 | ₹8.3t | ₹3.5t | ₹144.5b | 26.8x | 57.4x | 2.4x |
| Sun, 08 Oct 2023 | ₹8.1t | ₹3.4t | ₹150.0b | 27.1x | 54.2x | 2.4x |
| Tue, 05 Sep 2023 | ₹8.0t | ₹3.4t | ₹149.8b | 26.6x | 53.3x | 2.3x |
| Thu, 03 Aug 2023 | ₹8.1t | ₹3.5t | ₹153.9b | 25.6x | 52.4x | 2.3x |
| Sat, 01 Jul 2023 | ₹7.9t | ₹3.4t | ₹155.6b | 25.6x | 50.7x | 2.3x |
| Mon, 29 May 2023 | ₹7.5t | ₹3.4t | ₹171.6b | 23.6x | 43.9x | 2.2x |
| Wed, 26 Apr 2023 | ₹7.1t | ₹3.3t | ₹160.1b | 21.1x | 44.5x | 2.2x |
| Fri, 24 Mar 2023 | ₹6.8t | ₹3.3t | ₹158.9b | 20.2x | 42.8x | 2.1x |
| Sun, 19 Feb 2023 | ₹7.0t | ₹3.3t | ₹156.7b | 23.4x | 44.9x | 2.1x |
| Tue, 17 Jan 2023 | ₹7.4t | ₹3.2t | ₹144.3b | 25.7x | 51.4x | 2.3x |
| Thu, 15 Dec 2022 | ₹7.7t | ₹3.2t | ₹144.3b | 25.3x | 53.5x | 2.4x |
| Sat, 12 Nov 2022 | ₹7.5t | ₹3.1t | ₹142.5b | 20x | 52.4x | 2.4x |
| Mon, 10 Oct 2022 | ₹7.5t | ₹3.1t | ₹130.9b | 20.8x | 57.4x | 2.4x |
| Wed, 07 Sep 2022 | ₹7.3t | ₹3.1t | ₹129.9b | 22.8x | 56.1x | 2.3x |
| Fri, 05 Aug 2022 | ₹7.2t | ₹3.0t | ₹128.8b | 24.6x | 56.3x | 2.4x |
| Sun, 03 Jul 2022 | ₹6.6t | ₹3.0t | ₹135.6b | 23x | 48.8x | 2.2x |
| Tue, 31 May 2022 | ₹6.9t | ₹3.0t | ₹147.4b | 20.4x | 47.1x | 2.3x |
| Thu, 28 Apr 2022 | ₹7.4t | ₹2.9t | ₹144.0b | 23.5x | 51.1x | 2.6x |
| Sat, 26 Mar 2022 | ₹6.3t | ₹2.8t | ₹143.5b | 21.2x | 43.7x | 2.2x |
| Mon, 21 Feb 2022 | ₹6.3t | ₹2.8t | ₹144.4b | 21.4x | 43.9x | 2.2x |
| Wed, 19 Jan 2022 | ₹5.6t | ₹2.2t | ₹124.6b | 20.1x | 44.7x | 2.6x |
| Fri, 17 Dec 2021 | ₹5.4t | ₹2.2t | ₹124.6b | 17.5x | 43.4x | 2.5x |
| Sun, 14 Nov 2021 | ₹5.6t | ₹2.2t | ₹123.2b | 17.4x | 45.7x | 2.6x |
| Tue, 12 Oct 2021 | ₹5.7t | ₹2.1t | ₹120.6b | 17.8x | 47.5x | 2.7x |
| Thu, 09 Sep 2021 | ₹5.9t | ₹2.1t | ₹120.4b | 16.8x | 48.7x | 2.8x |
| Sat, 07 Aug 2021 | ₹5.5t | ₹2.1t | ₹106.0b | 18.6x | 51.6x | 2.6x |
Price to Earnings Ratio
49.5x
Current Industry PE
- Investors are relatively neutral on the Indian Food industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 50.8x.
- 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 17% 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 | 0.56% | |
| Consumer Staples | -0.18% | |
| Food | -0.88% | |
| Agricultural Products | -0.48% | |
| Packaged Foods and Meats | -0.90% | |
Industry PE
- Investors are most optimistic about the Packaged Foods and Meats industry, which is trading close to its 3-year average PE ratio of 53.4x.
- Analysts are expecting annual earnings growth of 17.9%, which is higher than its past year's earnings growth of 15.4% per year.
- Investors are most pessimistic about the Agricultural Products industry, which is trading below its 3-year average of 38.8x.
Forecasted Growth
- Analysts are most optimistic on the Agricultural Products industry, expecting annual earnings growth of 18% over the next 5 years.
- This is better than its past earnings growth rate of 13% per year.
- In contrast, the Packaged Foods and Meats 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 500790 Nestlé India | ₹2.55k | 2.2% +₹53.4b | 11.5% | PE77x | |
| PATANJALI Patanjali Foods | ₹1.59k | 8.5% +₹45.3b | 33.9% | PE75.3x | |
| BRITANNIA Britannia Industries | ₹5.48k | 2.7% +₹35.0b | 9.0% | PE61.6x | |
| 501425 Bombay Burmah Trading Corporation | ₹2.03k | 20.8% +₹24.4b | 100.3% | PE20.7x | |
| TATACONSUM Tata Consumer Products | ₹1.10k | 1.2% +₹12.0b | 27.5% | PE90.9x |