Indian (NIFTY) Tobacco Industry Analysis

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 19 Aug 2026	₹3.8t	₹899.3b	₹218.6b	13.1x	17.3x	4.2x
Fri, 17 Jul 2026	₹3.9t	₹926.5b	₹228.8b	13.7x	17.1x	4.2x
Sun, 14 Jun 2026	₹4.0t	₹926.5b	₹228.8b	15.1x	17.6x	4.3x
Tue, 12 May 2026	₹4.3t	₹933.6b	₹223.4b	17.4x	19.3x	4.6x
Thu, 09 Apr 2026	₹4.2t	₹932.6b	₹222.8b	18.1x	18.9x	4.5x
Sat, 07 Mar 2026	₹4.3t	₹884.9b	₹220.6b	21.8x	19.6x	4.9x
Mon, 02 Feb 2026	₹4.3t	₹884.8b	₹220.6b	21.5x	19.7x	4.9x
Wed, 31 Dec 2025	₹5.6t	₹869.7b	₹219.1b	28.8x	25.7x	6.5x
Fri, 28 Nov 2025	₹5.7t	₹869.7b	₹219.1b	30.5x	26.1x	6.6x
Sun, 26 Oct 2025	₹6.0t	₹875.4b	₹216.4b	33x	27.8x	6.9x
Tue, 23 Sep 2025	₹6.0t	₹875.4b	₹216.4b	34.8x	27.7x	6.9x
Thu, 21 Aug 2025	₹6.3t	₹875.4b	₹216.4b	36.2x	29.1x	7.2x
Sat, 19 Jul 2025	₹6.0t	₹829.5b	₹212.5b	26.8x	28.4x	7.3x
Mon, 16 Jun 2025	₹5.7t	₹829.5b	₹212.5b	26.3x	27x	6.9x
Wed, 14 May 2025	₹5.9t	₹831.1b	₹214.5b	36.5x	27.4x	7.1x
Fri, 11 Apr 2025	₹5.6t	₹831.4b	₹214.9b	30.7x	26.1x	6.8x
Sun, 09 Mar 2025	₹5.4t	₹831.4b	₹214.9b	26.3x	25x	6.5x
Tue, 04 Feb 2025	₹6.0t	₹813.7b	₹216.9b	27.7x	27.6x	7.4x
Thu, 02 Jan 2025	₹6.4t	₹813.7b	₹216.9b	29.2x	29.4x	7.8x
Sat, 30 Nov 2024	₹6.3t	₹815.0b	₹216.9b	30.9x	29.1x	7.8x
Mon, 28 Oct 2024	₹6.4t	₹811.4b	₹216.4b	33.8x	29.7x	7.9x
Wed, 25 Sep 2024	₹6.9t	₹781.7b	₹215.8b	37.9x	32x	8.8x
Fri, 23 Aug 2024	₹6.7t	₹781.7b	₹215.8b	32.5x	30.9x	8.5x
Sun, 21 Jul 2024	₹6.2t	₹767.7b	₹216.5b	29x	28.7x	8.1x
Tue, 18 Jun 2024	₹5.7t	₹767.7b	₹216.5b	26.3x	26.2x	7.4x
Thu, 16 May 2024	₹5.6t	₹763.1b	₹216.4b	26x	25.8x	7.3x
Sat, 13 Apr 2024	₹5.6t	₹762.4b	₹216.2b	26.2x	25.8x	7.3x
Mon, 11 Mar 2024	₹5.4t	₹762.4b	₹216.2b	25.2x	24.9x	7.1x
Wed, 07 Feb 2024	₹5.6t	₹762.4b	₹216.2b	22x	25.8x	7.3x
Fri, 05 Jan 2024	₹6.1t	₹755.8b	₹213.0b	19.3x	28.7x	8.1x
Sun, 03 Dec 2023	₹5.8t	₹755.8b	₹213.0b	16.9x	27.1x	7.6x
Tue, 31 Oct 2023	₹5.5t	₹754.5b	₹213.0b	16.2x	26x	7.3x
Thu, 28 Sep 2023	₹5.8t	₹747.8b	₹210.4b	16.7x	27.4x	7.7x
Sat, 26 Aug 2023	₹5.7t	₹747.8b	₹210.4b	16.8x	27.1x	7.6x

Current Industry PE

Investors are pessimistic on the Indian Tobacco 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 17.5x which is lower than its 3-year average PE of 25.6x.

The 3-year average PS ratio of 6.8x is higher than the industry's current PS ratio of 4.2x.

Past Earnings Growth

The earnings for companies in the Tobacco industry have remained mostly flat over the last three years.
Meanwhile revenues for these companies have grown 6.3% per year.
This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Indian Consumer Staples industry?


IN Market	-0.67%
Consumer Staples	-1.43%
Tobacco	-3.36%
Tobacco	-3.36%

Industry PEThere are no additional sub-industries under this industry.

Forecasted GrowthThere are no additional sub-industries under this industry.

	Company	Last Price	7D	1Y	Valuation
	509887 Sinnar Bidi Udyog	₹719.95	6.7% +₹18.2m	-31.2%	PS5.8x
	500151 Golden Tobacco	₹24.51	1.0% +₹4.4m	-32.7%	n/a

Company

Last Price

Valuation

509887 Sinnar Bidi Udyog

₹719.95

6.7%
+₹18.2m

-31.2%

PS5.8x

500151 Golden Tobacco

₹24.51

1.0%
+₹4.4m

-32.7%

n/a

Elitecon International Limited Approves the Appointment of Mr. Kusha Charan Swain as Chief Financial Officer, Effective August 14, 2026

Elitecon International Limited at the Board Meeting held on August 14, 2026, the Board of Directors of the Company considered and approved the appointment of Mr. Kusha Charan Swain in the whole-time employment of the Company as the Chief Financial Officer and Key Managerial Personnel with effect from August 14, 2026, on the terms and conditions approved by the Board and in accordance with the applicable provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Kusha Charan Swain is a seasoned finance professional with over 22 years of extensive experience across financial management, accounting, taxation, financial reporting, audit, banking, treasury operations, working capital management and regulatory compliance. Over the course of his professional career, he has been associated with senior finance and accounts functions and has acquired substantial exposure to financial planning, budgeting and forecasting, management information systems, cash-flow optimisation, fund management and financial control frameworks. His experience also encompasses finalisation of financial statements, statutory and internal audits, development and monitoring of internal financial controls, taxation and regulatory compliances, including matters relating to GST, Income Tax, TDS, FEMA and RBI regulations. His broad-based financial and commercial experience provides him with a comprehensive understanding of financial governance, risk assessment, capital and liquidity management, financial discipline and regulatory reporting. Mr. Swain holds an MBA in Finance, an LL.B. and a Bachelor of Commerce (Honours) degree, providing him with a multidisciplinary perspective encompassing finance, commerce and legal aspects of business management.

Indian (NIFTY) Tobacco Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

First quarter 2027 earnings released: EPS: ₹4.22 (vs ₹3.90 in 1Q 2026)

Elitecon International Limited Approves the Appointment of Mr. Kusha Charan Swain as Chief Financial Officer, Effective August 14, 2026

First quarter 2027 earnings released: ₹1.13 loss per share (vs ₹1.83 profit in 1Q 2026)

ITC Limited (NSE:ITC) Analysts Are Cutting Their Estimates: Here's What You Need To Know

Dividend of ₹33.00 announced

VST Industries Limited to Report Q1, 2027 Results on Jul 28, 2026

New minor risk - Share price stability