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Indian (NIFTY) Construction Industry Analysis

UpdatedAug 15, 2025
DataAggregated Company Financials
Companies193
  • 7D-0.4%
  • 3M-1.0%
  • 1Y-11.8%
  • YTD-11.0%

The Construction industry has been flat over the last week, but Rail Vikas Nigam has lost 6.5%. As for the longer term, the industry has declined 12% in the last year. As for the next few years, earnings are expected to grow by 15% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 15 Aug 2025₹10.3t₹5.8t₹425.1b19.6x24.2x1.8x
Sun, 13 Jul 2025₹10.5t₹5.7t₹412.6b22.4x25.4x1.8x
Tue, 10 Jun 2025₹10.8t₹5.7t₹411.8b23.4x26.3x1.9x
Thu, 08 May 2025₹9.3t₹5.6t₹414.4b20.2x22.5x1.7x
Sat, 05 Apr 2025₹9.2t₹5.5t₹413.0b20.4x22.3x1.7x
Mon, 03 Mar 2025₹8.8t₹5.5t₹412.9b20.1x21.4x1.6x
Wed, 29 Jan 2025₹9.9t₹5.4t₹339.1b24.4x29.3x1.8x
Fri, 27 Dec 2024₹11.1t₹5.4t₹334.4b27.2x33.2x2.1x
Sun, 24 Nov 2024₹10.6t₹5.3t₹331.9b25.7x31.9x2x
Tue, 22 Oct 2024₹10.8t₹5.0t₹311.4b28.1x34.8x2.2x
Thu, 19 Sep 2024₹11.4t₹5.0t₹310.1b28.1x36.8x2.3x
Sat, 17 Aug 2024₹11.1t₹5.0t₹302.1b28x36.7x2.2x
Mon, 15 Jul 2024₹11.4t₹4.8t₹282.1b31.2x40.5x2.4x
Wed, 12 Jun 2024₹10.3t₹4.8t₹281.4b25.5x36.7x2.1x
Fri, 10 May 2024₹9.2t₹4.7t₹274.4b26.3x33.5x2x
Sun, 07 Apr 2024₹9.6t₹4.5t₹271.4b27.6x35.5x2.1x
Tue, 05 Mar 2024₹9.1t₹4.5t₹269.9b27.2x33.8x2x
Thu, 01 Feb 2024₹9.0t₹4.5t₹268.6b27.4x33.5x2x
Sat, 30 Dec 2023₹8.2t₹4.4t₹261.9b23.8x31.2x1.8x
Mon, 27 Nov 2023₹7.3t₹4.4t₹261.9b22.4x27.7x1.6x
Wed, 25 Oct 2023₹6.9t₹4.3t₹241.8b22.5x28.5x1.6x
Fri, 22 Sep 2023₹7.0t₹4.3t₹247.1b22x28.2x1.6x
Sun, 20 Aug 2023₹6.3t₹4.3t₹245.4b20.5x25.8x1.5x
Tue, 18 Jul 2023₹5.9t₹4.1t₹233.3b21.2x25.3x1.4x
Thu, 15 Jun 2023₹5.6t₹4.1t₹231.6b19.7x24.3x1.4x
Sat, 13 May 2023₹5.3t₹4.0t₹216.3b20x24.7x1.3x
Mon, 10 Apr 2023₹5.2t₹4.0t₹202.9b19.1x25.8x1.3x
Wed, 08 Mar 2023₹5.1t₹4.0t₹202.8b18.6x25.1x1.3x
Fri, 03 Feb 2023₹5.1t₹3.9t₹202.8b19x25x1.3x
Sun, 01 Jan 2023₹5.0t₹3.9t₹192.9b19.7x25.8x1.3x
Tue, 29 Nov 2022₹4.9t₹3.8t₹186.1b18.8x26.1x1.3x
Thu, 27 Oct 2022₹4.5t₹3.7t₹160.1b19.4x28.1x1.2x
Sat, 24 Sep 2022₹4.4t₹3.7t₹159.9b18.7x27.4x1.2x
Mon, 22 Aug 2022₹4.5t₹3.7t₹159.7b18.6x28.2x1.2x
Price to Earnings Ratio

28.2x


Total Market Cap: ₹4.5tTotal Earnings: ₹159.7bTotal Revenue: ₹3.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Construction Industry Price to Earnings3Y Average 29.2x202320242025
Current Industry PE
  • Investors are pessimistic on the Indian Construction 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 24.2x which is lower than its 3-year average PE of 29.2x.
  • The industry is trading close to its 3-year average PS ratio of 1.7x.
Past Earnings Growth
  • The earnings for companies in the Construction industry have grown 39% per year over the last three years.
  • Revenues for these companies have grown 17% 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-0.16%
Industrials-0.72%
Construction-0.39%
Construction and Engineering-0.39%
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
500510 Larsen & Toubro₹3.68k1.0%
+₹50.9b
3.7%PE32.9x
KPIL Kalpataru Projects International₹1.23k10.7%
+₹20.4b
0.1%PE29.8x
TECHNOE Techno Electric & Engineering₹1.49k7.0%
+₹11.4b
-4.8%PE39.9x
509496 ITD Cementation India₹767.805.0%
+₹6.2b
38.3%PE32.2x
AFCONS Afcons Infrastructure₹421.053.2%
+₹4.8b
n/aPE29.1x

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