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Indian (NIFTY) Building Industry Analysis

UpdatedApr 09, 2026
DataAggregated Company Financials
Companies64
  • 7D3.1%
  • 3M0.6%
  • 1Y7.7%
  • YTD1.7%

The Building is pretty flat in the last 7 days, but Supreme Industries has stood out, gaining 3.5%. As for the the longer term, the industry is up 3.7% over the past 12 months. As for the next few years, earnings are expected to grow by 27% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 09 Apr 2026₹1.9t₹723.3b₹38.6b23.9x49.2x2.6x
Sat, 07 Mar 2026₹2.0t₹721.9b₹38.5b25x51.4x2.7x
Mon, 02 Feb 2026₹1.4t₹614.7b₹25.4b24.2x54x2.2x
Wed, 31 Dec 2025₹1.4t₹612.3b₹25.9b26.3x53x2.2x
Fri, 28 Nov 2025₹1.5t₹611.9b₹25.8b27.1x56.2x2.4x
Sun, 26 Oct 2025₹1.5t₹551.7b₹25.1b29.1x61.3x2.8x
Tue, 23 Sep 2025₹1.5t₹547.8b₹23.9b30.6x64x2.8x
Thu, 21 Aug 2025₹1.5t₹547.8b₹23.8b31x64.2x2.8x
Sat, 19 Jul 2025₹1.6t₹549.3b₹25.9b28.5x60.1x2.8x
Mon, 16 Jun 2025₹1.5t₹548.9b₹25.8b29.4x57.6x2.7x
Wed, 14 May 2025₹1.3t₹548.2b₹26.4b27.1x50.4x2.4x
Fri, 11 Apr 2025₹1.3t₹536.6b₹34.9b24.8x36.9x2.4x
Sun, 09 Mar 2025₹1.4t₹536.6b₹34.9b25.9x39.8x2.6x
Tue, 04 Feb 2025₹1.5t₹534.5b₹36.1b27.6x41.8x2.8x
Thu, 02 Jan 2025₹1.7t₹525.8b₹36.6b31x45.8x3.2x
Sat, 30 Nov 2024₹1.6t₹525.5b₹36.5b31.2x44.9x3.1x
Mon, 28 Oct 2024₹1.6t₹521.6b₹37.1b29.8x43.7x3.1x
Wed, 25 Sep 2024₹1.8t₹517.5b₹37.0b30.9x49.1x3.5x
Fri, 23 Aug 2024₹1.7t₹514.7b₹36.8b32.3x47.3x3.4x
Sun, 21 Jul 2024₹1.8t₹499.4b₹34.4b32.5x51.6x3.5x
Tue, 18 Jun 2024₹1.7t₹498.5b₹34.3b32.4x51x3.5x
Thu, 16 May 2024₹1.6t₹494.4b₹33.5b36.3x48.7x3.3x
Sat, 13 Apr 2024₹1.6t₹482.8b₹33.0b34.1x47.1x3.2x
Mon, 11 Mar 2024₹1.6t₹482.4b₹33.0b33.4x47.4x3.2x
Wed, 07 Feb 2024₹1.5t₹481.9b₹31.0b33.7x49.5x3.2x
Fri, 05 Jan 2024₹1.4t₹476.2b₹29.6b33.9x48.4x3x
Sun, 03 Dec 2023₹1.5t₹475.9b₹29.6b32.3x50.3x3.1x
Tue, 31 Oct 2023₹1.4t₹468.1b₹26.4b35.8x51.5x2.9x
Thu, 28 Sep 2023₹1.4t₹465.3b₹25.2b35x54.8x3x
Sat, 26 Aug 2023₹1.4t₹465.3b₹25.2b32.4x54.9x3x
Mon, 24 Jul 2023₹1.3t₹460.6b₹24.8b31.6x54.2x2.9x
Wed, 21 Jun 2023₹1.3t₹458.7b₹24.6b33.4x54.3x2.9x
Fri, 19 May 2023₹1.2t₹460.4b₹25.0b29.2x46.8x2.5x
Sun, 16 Apr 2023₹1.1t₹445.7b₹23.0b31x46.2x2.4x
Price to Earnings Ratio

46.2x


Total Market Cap: ₹1.1tTotal 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 relatively neutral on the Indian Building 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 50.4x.
  • The 3-year average PS ratio of 2.9x is higher than the industry's current PS ratio of 2.6x.
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 Market5.58%
Industrials6.56%
Building3.07%
Building Products3.07%
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
500067 Blue Star₹1.65k8.2%
+₹25.7b		-14.7%PE68.8x
500233 Kajaria Ceramics₹1.09k12.3%
+₹19.1b		40.4%PE42.9x
SUPREMEIND Supreme Industries₹3.77k3.6%
+₹16.5b		20.4%PE58.8x
KRN KRN Heat Exchanger and Refrigeration₹964.2011.1%
+₹6.0b		24.8%PE88.2x
532443 Cera Sanitaryware₹5.03k7.7%
+₹4.7b		-7.0%PE30.6x

Latest News

SEJALLTD
₹561.70
Sejal Glass
7D
33.4%
1Y
48.2%
GREENLAM
₹219.63
Greenlam Industries
7D
-0.2%
1Y
2.7%

GREENLAM: Higher Margin Outlook And Upcoming Results Will Support Bullish Case

Analysts have trimmed their price target on Greenlam Industries from ₹334.45 to ₹297.00, reflecting updated assumptions that combine slightly higher revenue growth with wider profit margins and a lower future P/E multiple. What's in the News A board meeting of Greenlam Industries is scheduled for January 29, 2026 to consider and approve unaudited standalone financial results for the quarter ended December 31, 2025 (Key Developments).
500067
₹1,654.20
Blue Star
7D
8.2%
1Y
-14.7%

500067: Expansive New AC Portfolio Will Likely Sustain Earnings Risk And Overvaluation

Analysts have nudged their fair value estimate for Blue Star slightly higher, with the price target moving from about ₹1,364 to roughly ₹1,370, reflecting updated assumptions on the discount rate, revenue growth, profit margin and future P/E. What's in the News Board meeting scheduled for May 6, 2026 to review unaudited standalone and consolidated results for Q4 and audited results for the year ended March 31, 2026, and to consider a final dividend on the equity shares, if any (Key Developments).
SUPREMEIND
₹3,771.90
Supreme Industries
7D
3.6%
1Y
20.4%

SUPREMEIND: Upcoming Board Decisions Will Support Bullish Outlook

Analysts have modestly raised their valuation view on Supreme Industries, lifting the indicative fair value from ₹4,716.74 to ₹4,947.56. This revision is supported by updated assumptions around revenue growth, discount rate, profit margin and future P/E expectations.
544332
₹232.00
Fabtech Technologies Cleanrooms
7D
-8.5%
1Y
-29.3%
ASTRAL
₹1,563.70
Astral
7D
0.7%
1Y
23.5%

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).
500233
₹1,093.85
Kajaria Ceramics
7D
12.3%
1Y
40.4%

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
₹14.91
Rushil Décor
7D
-3.2%
1Y
-31.6%
538546
₹120.65
Bansal Roofing Products
7D
-3.8%
1Y
24.4%
500128
₹84.27
Electrosteel Castings
7D
5.4%
1Y
-10.0%

500128: Upcoming Meetings Will Reinforce Concern Over Earnings Assumption Risks

Analysts have kept the price target for Electrosteel Castings steady at ₹61.00, citing only marginal tweaks to assumptions such as discount rate, revenue growth, profit margin, and future P/E that do not materially change their view on the stock. What's in the News Board meeting scheduled for Feb 06, 2026 to consider and approve unaudited consolidated and standalone financial results for the quarter and nine months ended Dec 31, 2025, signaling an upcoming earnings-related update for investors (company event).
532443
₹5,033.25
Cera Sanitaryware
7D
7.7%
1Y
-7.0%

532443: Stable Assumptions And Upcoming Results Will Support Future Upside Potential

Analysts have made a marginal adjustment to Cera Sanitaryware's fair value estimate, with the price target moving from ₹6,397.50 to about ₹6,397, reflecting small tweaks to discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News A board meeting is scheduled for February 4, 2026, to consider and approve unaudited financial results for the quarter and nine months ended December 31, 2025 (Key Developments).
544073
₹70.00
Manoj Ceramic
7D
-10.0%
1Y
-51.6%
NITCO
₹82.35
NITCO
7D
-3.6%
1Y
-22.5%
KRN
₹964.20
KRN Heat Exchanger and Refrigeration
7D
11.1%
1Y
24.8%
PATTECH
₹89.05
Pattech Fitwell Tube Components
7D
-6.0%
1Y
15.4%
508906
₹333.90
Everest Industries
7D
-2.5%
1Y
-24.2%