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Indian (NIFTY) Tobacco Industry Analysis

UpdatedNov 08, 2025
DataAggregated Company Financials
Companies7
  • 7D-3.1%
  • 3M-5.4%
  • 1Y-8.8%
  • YTD-8.7%

Over the last 7 days, the Tobacco industry has dropped 3.1%, driven by a pullback from ITC of 3.9%. Meanwhile, Elitecon International actually outperformed within the industry, gaining 11% in the last week. However, the industry is down 8.8% over the past year. Earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 08 Nov 2025₹5.8t₹871.1b₹219.1b31.1x26.7x6.7x
Mon, 06 Oct 2025₹5.9t₹875.4b₹216.4b34.5x27.4x6.8x
Wed, 03 Sep 2025₹6.1t₹875.4b₹216.4b34.1x28.4x7x
Fri, 01 Aug 2025₹6.0t₹829.2b₹212.6b26.1x28.2x7.2x
Sun, 29 Jun 2025₹5.9t₹829.5b₹212.5b26.6x27.6x7.1x
Tue, 27 May 2025₹6.0t₹832.3b₹211.8b32.7x28.5x7.2x
Thu, 24 Apr 2025₹5.9t₹831.4b₹214.9b33.8x27.3x7.1x
Sat, 22 Mar 2025₹5.4t₹831.4b₹214.9b28.7x25.4x6.6x
Mon, 17 Feb 2025₹5.5t₹831.4b₹214.9b28.2x25.6x6.6x
Wed, 15 Jan 2025₹5.8t₹813.7b₹216.9b26.3x26.5x7.1x
Fri, 13 Dec 2024₹6.1t₹813.7b₹216.9b31.2x28.3x7.5x
Sun, 10 Nov 2024₹6.4t₹811.5b₹216.4b35x29.5x7.9x
Tue, 08 Oct 2024₹6.8t₹781.7b₹215.8b35.1x31.4x8.7x
Thu, 05 Sep 2024₹6.7t₹781.7b₹215.8b34.8x31.2x8.6x
Sat, 03 Aug 2024₹6.4t₹780.5b₹216.1b29.9x29.6x8.2x
Mon, 01 Jul 2024₹5.6t₹767.7b₹216.5b25.9x25.8x7.3x
Wed, 29 May 2024₹5.6t₹763.1b₹216.4b26.1x26x7.4x
Fri, 26 Apr 2024₹5.7t₹762.4b₹216.2b26.6x26.4x7.5x
Sun, 24 Mar 2024₹5.6t₹762.4b₹216.2b26.1x25.8x7.3x
Tue, 20 Feb 2024₹5.3t₹762.4b₹216.2b24.9x24.6x7x
Thu, 18 Jan 2024₹6.0t₹755.8b₹213.0b18.2x28.1x7.9x
Sat, 16 Dec 2023₹5.9t₹755.8b₹213.0b17x27.6x7.8x
Mon, 13 Nov 2023₹5.6t₹755.9b₹213.0b17.3x26.3x7.4x
Wed, 11 Oct 2023₹5.7t₹747.8b₹210.4b16.1x27.2x7.6x
Fri, 08 Sep 2023₹5.7t₹747.8b₹210.4b16.6x27.2x7.7x
Sun, 06 Aug 2023₹5.8t₹761.0b₹203.2b17.1x28.7x7.7x
Tue, 04 Jul 2023₹5.9t₹758.5b₹202.2b16.8x29.2x7.8x
Thu, 01 Jun 2023₹5.7t₹767.1b₹202.2b16.1x28.1x7.4x
Sat, 29 Apr 2023₹5.4t₹746.9b₹192.0b15.5x28.3x7.3x
Mon, 27 Mar 2023₹4.8t₹747.0b₹192.1b14.6x25.2x6.5x
Wed, 22 Feb 2023₹4.9t₹746.9b₹192.1b13.9x25.4x6.5x
Fri, 20 Jan 2023₹4.3t₹738.6b₹181.9b15.8x23.5x5.8x
Sun, 18 Dec 2022₹4.3t₹738.6b₹181.9b16.3x23.7x5.8x
Tue, 15 Nov 2022₹4.5t₹739.1b₹181.9b15.9x24.5x6x
Price to Earnings Ratio

24.5x


Total Market Cap: ₹4.5tTotal Earnings: ₹181.9bTotal Revenue: ₹739.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Tobacco Industry Price to Earnings3Y Average 27.2x202320242025
Current Industry PE
  • Investors are relatively neutral on the Indian Tobacco 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 27.2x.
  • The industry is trading close to its 3-year average PS ratio of 7.3x.
Past Earnings Growth
  • The earnings for companies in the Tobacco industry have grown 6.4% per year over the last three years.
  • Revenues for these companies have grown 5.6% 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-0.97%
Consumer Staples-1.29%
Tobacco-3.10%
Tobacco-3.10%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
539533 Elitecon International₹164.9510.9%
+₹26.0b
3,074.6%PE192.2x
500151 Golden Tobacco₹34.802.7%
+₹15.8m
-11.4%n/a

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