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Indian (NIFTY) Building Industry Analysis

UpdatedApr 03, 2026
DataAggregated Company Financials
Companies64
  • 7D-4.8%
  • 3M-3.4%
  • 1Y-3.8%
  • YTD-2.1%

Over the last 7 days, the Building industry has dropped 4.8%, driven by a pullback from Blue Star of 12%. The industry has fallen 3.8% in the last year. Looking forward, earnings are forecast to grow by 27% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 03 Apr 2026₹1.8t₹723.3b₹38.6b22.4x47.3x2.5x
Sun, 01 Mar 2026₹2.0t₹721.9b₹38.5b26x52x2.8x
Tue, 27 Jan 2026₹1.3t₹612.6b₹26.1b26.1x51.1x2.2x
Thu, 25 Dec 2025₹1.4t₹612.3b₹25.9b27.1x54.2x2.3x
Sat, 22 Nov 2025₹1.5t₹555.9b₹25.2b25.7x57.7x2.6x
Mon, 20 Oct 2025₹1.5t₹551.3b₹25.0b27.7x61.4x2.8x
Wed, 17 Sep 2025₹1.5t₹547.8b₹23.9b31.2x63.9x2.8x
Fri, 15 Aug 2025₹1.4t₹546.5b₹24.4b29.1x59.1x2.6x
Sun, 13 Jul 2025₹1.5t₹549.3b₹25.9b28.1x59.2x2.8x
Tue, 10 Jun 2025₹1.5t₹549.0b₹25.8b29.5x56.7x2.7x
Thu, 08 May 2025₹1.2t₹536.6b₹34.9b26.4x35.8x2.3x
Sat, 05 Apr 2025₹1.3t₹536.6b₹34.9b26.3x38.3x2.5x
Mon, 03 Mar 2025₹1.3t₹535.7b₹34.8b24.1x38x2.5x
Wed, 29 Jan 2025₹1.4t₹527.6b₹36.8b28.2x38.4x2.7x
Fri, 27 Dec 2024₹1.6t₹525.8b₹36.6b31.4x43.8x3x
Sun, 24 Nov 2024₹1.6t₹525.6b₹36.6b30.9x43.6x3x
Tue, 22 Oct 2024₹1.7t₹520.9b₹37.4b30.8x46.2x3.3x
Thu, 19 Sep 2024₹1.7t₹516.1b₹36.9b30.1x47.4x3.4x
Sat, 17 Aug 2024₹1.7t₹514.3b₹36.8b31.6x46.3x3.3x
Mon, 15 Jul 2024₹1.8t₹499.4b₹34.4b33.9x52.6x3.6x
Wed, 12 Jun 2024₹1.7t₹498.7b₹34.3b30.9x48.5x3.3x
Fri, 10 May 2024₹1.6t₹491.1b₹32.1b36.2x48.4x3.2x
Sun, 07 Apr 2024₹1.6t₹482.4b₹33.0b34.2x48.1x3.3x
Tue, 05 Mar 2024₹1.6t₹482.4b₹33.0b33.7x47.7x3.3x
Thu, 01 Feb 2024₹1.5t₹481.7b₹30.6b35.8x49.7x3.2x
Sat, 30 Dec 2023₹1.4t₹475.9b₹29.6b33.5x48.6x3x
Mon, 27 Nov 2023₹1.5t₹475.9b₹29.6b34x49.6x3.1x
Wed, 25 Oct 2023₹1.3t₹467.7b₹26.2b36x51.5x2.9x
Fri, 22 Sep 2023₹1.4t₹465.3b₹25.2b35.8x54.2x2.9x
Sun, 20 Aug 2023₹1.4t₹465.3b₹25.2b32.8x53.9x2.9x
Tue, 18 Jul 2023₹1.3t₹458.5b₹24.6b31.7x52.7x2.8x
Thu, 15 Jun 2023₹1.3t₹458.7b₹24.6b34.3x54x2.9x
Sat, 13 May 2023₹1.1t₹452.6b₹24.4b28.6x46.5x2.5x
Mon, 10 Apr 2023₹1.0t₹445.7b₹23.0b29.5x44.8x2.3x
Price to Earnings Ratio

44.8x


Total Market Cap: ₹1.0tTotal Earnings: ₹23.0bTotal Revenue: ₹445.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Building Industry Price to Earnings3Y Average 50.4x202420252026
Current Industry PE
  • Investors are pessimistic on the Indian Building 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 47.3x which is lower than its 3-year average PE of 50.4x.
  • The 3-year average PS ratio of 2.9x is higher than the industry's current PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Building industry have grown 19% per year over the last three years.
  • Revenues for these companies have grown 18% 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 Industrials industry?

IN Market-2.08%
Industrials-1.55%
Building-4.79%
Building Products-4.79%
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
GREENLAM Greenlam Industries₹220.028.7%
+₹4.5b		-3.0%PE297.3x
500233 Kajaria Ceramics₹974.202.4%
+₹3.7b		21.1%PE38.2x
PRINCEPIPE Prince Pipes and Fittings₹224.883.3%
+₹799.4m		-8.2%PE57.4x
508906 Everest Industries₹342.6015.7%
+₹738.9m		-23.4%PS0.4x
RUSHIL Rushil Décor₹15.4113.0%
+₹519.3m		-30.9%PE49.8x

Latest News

544332
₹253.65
Fabtech Technologies Cleanrooms
7D
15.7%
1Y
-26.8%
ASTRAL
₹1,553.50
Astral
7D
-4.1%
1Y
16.2%

ASTRAL: Upcoming Results Meeting Will Clarify Fairly Balanced Risk Reward Profile

Astral’s analyst fair value estimate has shifted slightly from ₹1,708 to ₹1,719, with analysts pointing to small adjustments in expected revenue growth, profit margin, and future P/E assumptions as the key drivers of this change. What's in the News Astral has scheduled a board meeting on Feb 05, 2026 at 15:00 Indian Standard Time to review and approve its unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025 (company filing).
538817
₹10.24
Captain Pipes
7D
31.5%
1Y
-31.3%
500233
₹974.20
Kajaria Ceramics
7D
2.4%
1Y
21.1%

500233: Upcoming Acquisitions And Leadership Changes Will Support A Constructive Share Price View

Analysts have trimmed their price target on Kajaria Ceramics from ₹1,483.78 to ₹1,400.00. This reflects updated views on discount rates, revenue growth, profit margins and future P/E assumptions.
RUSHIL
₹15.41
Rushil Décor
7D
13.0%
1Y
-30.9%
531548
₹389.30
Somany Ceramics
7D
2.8%
1Y
-8.6%

531548: Upcoming Results And Leadership Appointment Will Support Bullish Outlook

Analysts have kept their fair value estimate for Somany Ceramics steady at ₹632.00, indicating only minor adjustments in assumptions around discount rate, revenue growth, profit margin and future P/E that do not materially change their overall price target view. What's in the News A board meeting is scheduled on Jan 28, 2026 at 14:00 Indian Standard Time to consider and approve the unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025 (Key Developments).
500067
₹1,529.15
Blue Star
7D
-8.7%
1Y
-24.1%
PRINCEPIPE
₹224.88
Prince Pipes and Fittings
7D
3.3%
1Y
-8.2%

PRINCEPIPE: Higher Margin Outlook Will Support Future Upside Despite Lower P E Expectations

Analysts have revised their fair value estimate for Prince Pipes and Fittings from about ₹486.50 to ₹367. This reflects updated assumptions around the discount rate, revenue growth, profit margins and future P/E multiples.
EUROPRATIK
₹223.09
Euro Pratik Sales
7D
-2.5%
1Y
n/a
GREENLAM
₹220.02
Greenlam Industries
7D
8.7%
1Y
-3.0%

GREENLAM: Board Review Of December Results Will Support Bullish Long Term View

Analysts have kept their price target on Greenlam Industries steady at ₹229.00. This reflects updated assumptions around discount rate, revenue growth, profit margin and future P/E that balance each other out in their valuation work.
SUPREMEIND
₹3,642.10
Supreme Industries
7D
-2.8%
1Y
11.1%

SUPREMEIND: Lower Future P E Will Pressure Prospective Shareholder Returns

Analysts have lowered their price target on Supreme Industries from about ₹2,953 to roughly ₹2,903, citing updated assumptions on discount rate, revenue growth, profit margin and future P/E that slightly adjust the valuation framework while keeping the overall outlook broadly consistent. What's in the News A board meeting is scheduled on February 17, 2026, at 11:00 Indian Standard Time to consider electing Managing Director M.P. Taparia as Chairman of the Board and the company, which would make him Chairman and Managing Director if approved, along with other business matters (Board Meeting).
NITCO
₹85.42
NITCO
7D
-3.4%
1Y
-28.1%
KRN
₹867.85
KRN Heat Exchanger and Refrigeration
7D
-2.1%
1Y
5.8%
508906
₹342.60
Everest Industries
7D
15.7%
1Y
-23.4%
ASIANTILES
₹57.73
Asian Granito India
7D
-1.7%
1Y
33.7%
544656
₹240.15
HRS Aluglaze
7D
-14.2%
1Y
n/a