Indian (NIFTY) Tobacco Industry Analysis

UpdatedJul 06, 2025

DataAggregated Company Financials

Companies7

7D-1.2%
3M3.8%
1Y-0.9%
YTDn/a

Over the last 7 days, the Tobacco industry has dropped 1.2%, driven by ITC declining 1.5%. On the other hand Elitecon International is actually up 28%. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 10% annually.

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
Mon, 07 Jul 2025	₹5.8t	₹829.5b	₹212.5b	26.2x	27.3x	7x
Wed, 04 Jun 2025	₹5.8t	₹829.6b	₹212.5b	26.4x	27.2x	7x
Fri, 02 May 2025	₹5.8t	₹831.1b	₹214.5b	34.2x	27.1x	7x
Sun, 30 Mar 2025	₹5.5t	₹831.4b	₹214.9b	30.2x	25.7x	6.6x
Tue, 25 Feb 2025	₹5.4t	₹831.4b	₹214.9b	26.9x	25x	6.5x
Thu, 23 Jan 2025	₹5.7t	₹813.7b	₹216.9b	25.5x	26.5x	7.1x
Sat, 21 Dec 2024	₹6.2t	₹813.7b	₹216.9b	29.6x	28.4x	7.6x
Mon, 18 Nov 2024	₹6.2t	₹815.0b	₹216.9b	31.8x	28.6x	7.6x
Wed, 16 Oct 2024	₹6.7t	₹781.7b	₹215.8b	36.5x	30.9x	8.5x
Fri, 13 Sep 2024	₹6.9t	₹781.7b	₹215.8b	36x	32.1x	8.9x
Sun, 11 Aug 2024	₹6.5t	₹782.4b	₹215.8b	30.3x	30.1x	8.3x
Tue, 09 Jul 2024	₹5.8t	₹767.7b	₹216.5b	27.1x	26.9x	7.6x
Thu, 06 Jun 2024	₹5.6t	₹764.8b	₹217.0b	26.2x	25.9x	7.4x
Sat, 04 May 2024	₹5.7t	₹763.1b	₹216.4b	26.6x	26.3x	7.5x
Mon, 01 Apr 2024	₹5.6t	₹762.4b	₹216.2b	26.1x	25.7x	7.3x
Wed, 28 Feb 2024	₹5.3t	₹762.4b	₹216.2b	25x	24.7x	7x
Fri, 26 Jan 2024	₹5.9t	₹755.9b	₹212.8b	19.2x	27.5x	7.8x
Sun, 24 Dec 2023	₹5.8t	₹755.8b	₹213.0b	17.1x	27.4x	7.7x
Tue, 21 Nov 2023	₹5.6t	₹755.8b	₹213.0b	17x	26.3x	7.4x
Thu, 19 Oct 2023	₹5.8t	₹747.9b	₹210.2b	16.6x	27.6x	7.8x
Sat, 16 Sep 2023	₹5.8t	₹747.8b	₹210.4b	16.9x	27.5x	7.7x
Mon, 14 Aug 2023	₹5.8t	₹761.0b	₹203.3b	16.5x	28.3x	7.6x
Wed, 12 Jul 2023	₹6.0t	₹758.5b	₹202.2b	16.9x	29.9x	8x
Fri, 09 Jun 2023	₹5.6t	₹758.5b	₹202.2b	16.1x	27.9x	7.4x
Sun, 07 May 2023	₹5.5t	₹746.9b	₹192.0b	15.4x	28.5x	7.3x
Tue, 04 Apr 2023	₹4.9t	₹747.0b	₹192.1b	14.3x	25.3x	6.5x
Thu, 02 Mar 2023	₹4.8t	₹746.9b	₹192.1b	14.3x	25.2x	6.5x
Sat, 28 Jan 2023	₹4.4t	₹738.8b	₹181.8b	15.6x	24.4x	6x
Mon, 26 Dec 2022	₹4.2t	₹738.6b	₹181.9b	14.8x	23.1x	5.7x
Wed, 23 Nov 2022	₹4.4t	₹738.6b	₹181.9b	16.6x	24.1x	5.9x
Fri, 21 Oct 2022	₹4.5t	₹700.6b	₹171.7b	15.8x	26x	6.4x
Sun, 18 Sep 2022	₹4.2t	₹700.6b	₹171.7b	13.5x	24.5x	6x
Tue, 16 Aug 2022	₹3.9t	₹700.5b	₹171.7b	14.2x	22.9x	5.6x
Thu, 14 Jul 2022	₹3.7t	₹645.7b	₹160.1b	14x	23.3x	5.8x

Price to Earnings Ratio

23.3x

Thu, 14 Jul 2022

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 26.7x.

The industry is trading close to its 3-year average PS ratio of 7.1x.

Past Earnings Growth

The earnings for companies in the Tobacco industry have grown 9.9% per year over the last three years.
Revenues for these companies have grown 8.7% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.