Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Indian (NIFTY) Building Industry Analysis

UpdatedAug 10, 2026
DataAggregated Company Financials
Companies65
  • 7D-1.6%
  • 3M-2.5%
  • 1Y-6.8%
  • YTD3.0%

Over the last 7 days, the Building industry has dropped 1.6%, driven by a pullback from Blue Star of 9.9%. On the other hand Greenlam Industries is actually up 8.7%. The industry has fallen 6.8% in the last year. Looking forward, earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 11 Aug 2026₹1.9t₹708.6b₹41.9b28.8x46x2.7x
Thu, 09 Jul 2026₹1.9t₹699.2b₹39.4b30x47.2x2.7x
Sat, 06 Jun 2026₹1.9t₹699.8b₹39.4b29.6x49x2.8x
Mon, 04 May 2026₹2.0t₹728.8b₹40.0b26.8x49.3x2.7x
Wed, 01 Apr 2026₹1.8t₹723.3b₹38.6b21.9x47.6x2.5x
Fri, 27 Feb 2026₹2.0t₹721.9b₹38.5b26.1x52.4x2.8x
Sun, 25 Jan 2026₹1.3t₹612.5b₹26.1b26.1x51.1x2.2x
Tue, 23 Dec 2025₹1.4t₹612.3b₹25.9b27.1x54.7x2.3x
Thu, 20 Nov 2025₹1.5t₹555.9b₹25.2b25.8x58.3x2.6x
Sat, 18 Oct 2025₹1.5t₹551.3b₹25.0b27.7x61.4x2.8x
Mon, 15 Sep 2025₹1.5t₹547.8b₹23.9b30.7x63.2x2.8x
Wed, 13 Aug 2025₹1.4t₹545.6b₹24.2b30.1x59.1x2.6x
Fri, 11 Jul 2025₹1.5t₹549.3b₹25.9b28.1x59.6x2.8x
Sun, 08 Jun 2025₹1.4t₹549.0b₹25.9b29.6x55.8x2.6x
Tue, 06 May 2025₹1.3t₹536.6b₹34.9b26.6x36.2x2.4x
Thu, 03 Apr 2025₹1.4t₹536.6b₹34.9b26.3x39.5x2.6x
Sat, 01 Mar 2025₹1.3t₹535.7b₹34.8b24.1x38x2.5x
Mon, 27 Jan 2025₹1.5t₹526.2b₹36.8b28.8x39.7x2.8x
Wed, 25 Dec 2024₹1.6t₹525.8b₹36.6b32x43.9x3.1x
Fri, 22 Nov 2024₹1.6t₹525.8b₹36.5b30.2x43x3x
Sun, 20 Oct 2024₹1.8t₹520.9b₹37.4b31.2x46.9x3.4x
Tue, 17 Sep 2024₹1.8t₹516.9b₹36.9b31.3x47.9x3.4x
Thu, 15 Aug 2024₹1.7t₹513.4b₹36.7b30.8x46.1x3.3x
Sat, 13 Jul 2024₹1.8t₹499.4b₹34.4b33.9x52.6x3.6x
Mon, 10 Jun 2024₹1.6t₹498.7b₹34.3b29.8x48.1x3.3x
Wed, 08 May 2024₹1.6t₹490.2b₹32.2b37.6x49.1x3.2x
Fri, 05 Apr 2024₹1.6t₹482.4b₹33.0b34x48.1x3.3x
Sun, 03 Mar 2024₹1.6t₹482.4b₹33.0b32.5x47.5x3.2x
Tue, 30 Jan 2024₹1.5t₹476.6b₹29.6b34.7x50.4x3.1x
Thu, 28 Dec 2023₹1.5t₹475.9b₹29.6b33.3x49.1x3.1x
Sat, 25 Nov 2023₹1.5t₹475.9b₹29.6b34x49.6x3.1x
Mon, 23 Oct 2023₹1.4t₹467.7b₹26.2b37x52.6x2.9x
Wed, 20 Sep 2023₹1.4t₹465.3b₹25.2b34.8x54x2.9x
Fri, 18 Aug 2023₹1.4t₹465.3b₹25.2b32.6x54.4x2.9x
Price to Earnings Ratio

54.4x


Total Market Cap: ₹1.4tTotal Earnings: ₹25.2bTotal Revenue: ₹465.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Building Industry Price to Earnings3Y Average 50.3x202420252026
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 46.0x which is lower than its 3-year average PE of 50.3x.
  • The industry is trading close to its 3-year average PS ratio of 2.9x.
Past Earnings Growth
  • The earnings for companies in the Building industry have grown 18% per year over the last three years.
  • Revenues for these companies have grown 15% 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 Market1.27%
Industrials2.45%
Building-1.60%
Building Products-1.60%
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
526951 Stylam Industries₹3.65k5.8%
+₹3.4b		114.5%PE36.4x
EUROPRATIK Euro Pratik Sales₹323.157.1%
+₹2.2b		n/aPE42.8x
524091 Carysil₹1.25k5.0%
+₹1.7b		59.2%PE36.2x
500128 Electrosteel Castings₹74.113.3%
+₹1.5b		-26.0%PE38x
PRINCEPIPE Prince Pipes and Fittings₹271.953.2%
+₹945.3m		-6.9%PE28.9x

Latest News

524091
₹1,248.40
Carysil
7D
5.0%
1Y
59.2%
500233
₹1,185.55
Kajaria Ceramics
7D
-2.2%
1Y
-9.4%
Narrative Update • Aug 09

500233: Capacity Expansion And Buyback Will Support Returns On Undervalued Shares

Analysts have lifted the Kajaria Ceramics price target by about ₹87 to reflect a revised fair value estimate of ₹1,358.78, citing slightly lower assumed revenue growth, a modestly higher future P/E, and a small improvement in projected profit margins under a marginally reduced discount rate. What’s in the News for Kajaria Ceramics Kajaria Ceramics approved an expansion of its Gailpur, Rajasthan manufacturing facility, with planned additional capacity of 11 MSM tiles per year on top of the existing 35.95 MSM tiles per year, to be funded through internal accruals.
500067
₹1,510.00
Blue Star
7D
-12.6%
1Y
-14.3%
Narrative Update • Aug 08

500067: Softer Margins And Board Uncertainty Will Sustain Future Overvaluation

Analysts have revised their price target on Blue Star from ₹1,418.00 to ₹1,342.00, reflecting updated views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions. What’s in the News for Blue Star Blue Star has scheduled a Board Meeting on Aug 06, 2026, at 10:00 Indian Standard Time.
GREENLAM
₹242.65
Greenlam Industries
7D
-3.6%
1Y
6.4%
500128
₹74.11
Electrosteel Castings
7D
3.3%
1Y
-26.0%
NITCO
₹96.91
NITCO
7D
-10.3%
1Y
-25.7%
531761
₹507.00
Apollo Pipes
7D
-1.6%
1Y
30.2%
EUROPRATIK
₹323.15
Euro Pratik Sales
7D
7.1%
1Y
n/a
KRN
₹1,226.40
KRN Heat Exchanger and Refrigeration
7D
1.2%
1Y
40.2%
538715
₹489.15
Dhabriya Polywood
7D
13.5%
1Y
24.0%
PRINCEPIPE
₹271.95
Prince Pipes and Fittings
7D
3.2%
1Y
-6.9%
Narrative Update • Aug 04

PRINCEPIPE: Higher Margins And Dividend Payout Will Shape Future Return Expectations

Analysts have lifted their price target on Prince Pipes and Fittings from ₹223.56 to ₹260.00, citing updated assumptions for slightly higher revenue growth, improved profit margins, a modestly adjusted future P/E multiple, and the application of a slightly lower discount rate. What's in the News for Prince Pipes and Fittings Board meeting scheduled on August 4, 2026 to consider and approve the unaudited financial results for the quarter ended June 30, 2026, along with the statutory auditors' limited review report.
531548
₹500.40
Somany Ceramics
7D
-1.7%
1Y
-4.5%
526951
₹3,651.00
Stylam Industries
7D
5.8%
1Y
114.5%
Narrative Update • Aug 03

526951: Incoming Aica Control Will Likely Reshape Governance With Capped Upside Potential

Analysts have lifted the fair value estimate for Stylam Industries from about ₹2,912 to roughly ₹3,641, citing refreshed assumptions on revenue growth, profit margins and a lower expected future P/E multiple. What’s in the News for Stylam Industries Aica Kogyo Company, Limited completed the acquisition of a 12.87732% stake in Stylam Industries from Saru Gupta, Nidhi Gupta and Jagdish Gupta for about ₹4.9b on June 17, 2026.
ASTRAL
₹1,437.00
Astral
7D
0.1%
1Y
4.0%
SUPREMEIND
₹3,495.00
Supreme Industries
7D
-1.0%
1Y
-19.7%
Analysis Article • Jul 31

Results: The Supreme Industries Limited Beat Earnings Expectations And Analysts Now Have New Forecasts

The Supreme Industries Limited ( NSE:SUPREMEIND ) came out with its first-quarter results last week, and we wanted to...
532443
₹6,039.40
Cera Sanitaryware
7D
-3.5%
1Y
-5.6%