Indian (NIFTY) Building Industry Analysis
- 7D-5.4%
- 3M7.6%
- 1Y84.1%
- YTD63.6%
Over the last 7 days, the Building industry has dropped 5.4%, driven by a pullback from Astral of 7.0%. Meanwhile, Greenlam Industries actually outperformed within the industry, gaining 12% in the last week. This takes the industry's 12 month performance to a gain of 84%.
Industry Valuation and Performance
Has the Indian Building Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sun, 28 Nov 2021 | ₹1.1t | ₹357.4b | ₹24.6b | 30.3x |
| Tue, 26 Oct 2021 | ₹1.1t | ₹330.0b | ₹20.2b | 31.5x |
| Thu, 23 Sep 2021 | ₹1.0t | ₹325.8b | ₹19.8b | 33.7x |
| Sat, 21 Aug 2021 | ₹982.4b | ₹326.2b | ₹19.8b | 30.8x |
| Sat, 05 Jun 2021 | ₹903.5b | ₹292.6b | ₹15.6b | 32.8x |
| Tue, 09 Mar 2021 | ₹767.5b | ₹260.2b | ₹10.4b | 22.8x |
| Mon, 30 Nov 2020 | ₹565.5b | ₹246.9b | ₹7.6b | 19x |
| Thu, 03 Sep 2020 | ₹422.7b | ₹249.8b | ₹9.4b | 18.4x |
| Sun, 07 Jun 2020 | ₹326.9b | ₹286.9b | ₹14.0b | 8.8x |
| Sat, 29 Feb 2020 | ₹462.4b | ₹310.9b | ₹16.2b | 10.8x |
| Tue, 03 Dec 2019 | ₹446.0b | ₹293.5b | ₹14.4b | 11.2x |
| Fri, 06 Sep 2019 | ₹415.9b | ₹297.4b | ₹11.7b | 18x |
| Mon, 10 Jun 2019 | ₹502.7b | ₹285.2b | ₹11.6b | 22.9x |
| Sun, 03 Mar 2019 | ₹415.7b | ₹270.5b | ₹14.5b | 17.1x |
| Wed, 05 Dec 2018 | ₹409.4b | ₹265.2b | ₹14.6b | 21.1x |
21.1x
Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 30.3x which is higher than its 3-year average PE of 19.0x. It appears they are confident that earnings will grow faster in the future than they have historically.
Past Earnings Growth: The earnings for companies in the Building industry have grown 19% per year over the last three years, and revenues for these companies have grown 10% 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 Building industry?
| Building Products | -5.40% | |
Industry PE: Investors are most optimistic about the Building Products industry which is trading above its 3-year average PE ratio of 19.0x. However analysts are expecting annual earnings growth of 20%, which is lower than the prior year's growth of 76% per year. So the market might believe that analysts are underestimating future growth.
Forecasted Growth: Analysts are most optimistic on the Building Products industry, expecting annual earnings growth of 20% over the next 5 years. However this is lower than its past earnings growth rate of 76% per year.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| 538979 Greenlam Industries | 12.1%+₹4.1b | 100.2% | PE37.7x | |
| 526951 Stylam Industries | 2.6%+₹450.0m | 153.4% | PE27.5x | |
| 531761 Apollo Pipes | 0.9%+₹211.1m | 164.7% | PE41x | |
| 513729 Aro Granite Industries | 16.9%+₹170.6m | 103.4% | PE10x | |
| 532722 NITCO | 3.7%+₹61.1m | 20.9% | PS0.4x |