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Indian (NIFTY) Construction Industry Analysis

UpdatedJun 15, 2025
DataAggregated Company Financials
Companies185
  • 7D-1.7%
  • 3M17.5%
  • 1Y-8.4%
  • YTD-8.5%

Over the last 7 days, the Construction industry has dropped 1.7%, driven by Larsen & Toubro declining 1.8%. On the other hand Dilip Buildcon is actually up 8.8%. The industry has fallen 8.4% in the last year. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 16 Jun 2025₹10.5t₹5.7t₹411.8b23.2x25.5x1.9x
Wed, 14 May 2025₹9.9t₹5.6t₹412.2b20.6x23.9x1.7x
Fri, 11 Apr 2025₹8.8t₹5.5t₹413.0b19.9x21.3x1.6x
Sun, 09 Mar 2025₹9.2t₹5.5t₹412.9b20.6x22.2x1.7x
Tue, 04 Feb 2025₹9.8t₹5.5t₹409.3b24.1x24x1.8x
Thu, 02 Jan 2025₹11.3t₹5.4t₹334.3b28.1x33.8x2.1x
Sat, 30 Nov 2024₹11.1t₹5.3t₹332.3b25.5x33.3x2.1x
Mon, 28 Oct 2024₹10.0t₹5.0t₹312.0b25.1x32x2x
Wed, 25 Sep 2024₹11.5t₹5.0t₹310.3b29.2x37.2x2.3x
Fri, 23 Aug 2024₹11.3t₹5.0t₹302.1b28.6x37.3x2.3x
Sun, 21 Jul 2024₹11.2t₹4.8t₹283.0b29.4x39.4x2.3x
Tue, 18 Jun 2024₹10.8t₹4.8t₹281.9b27.2x38.1x2.2x
Thu, 16 May 2024₹9.6t₹4.7t₹276.3b26.8x34.6x2x
Sat, 13 Apr 2024₹9.5t₹4.5t₹271.8b26.2x35.1x2.1x
Mon, 11 Mar 2024₹9.1t₹4.5t₹269.9b27.1x33.6x2x
Wed, 07 Feb 2024₹9.0t₹4.5t₹265.8b29.3x33.9x2x
Fri, 05 Jan 2024₹8.2t₹4.4t₹261.9b25.7x31.2x1.9x
Sun, 03 Dec 2023₹7.5t₹4.4t₹261.9b22.9x28.5x1.7x
Tue, 31 Oct 2023₹6.9t₹4.3t₹242.0b22.2x28.4x1.6x
Thu, 28 Sep 2023₹7.1t₹4.3t₹247.2b22.6x28.7x1.6x
Sat, 26 Aug 2023₹6.4t₹4.3t₹244.6b21.2x26x1.5x
Mon, 24 Jul 2023₹6.1t₹4.1t₹233.3b21.1x26.3x1.5x
Wed, 21 Jun 2023₹5.7t₹4.1t₹232.1b20.2x24.5x1.4x
Fri, 19 May 2023₹5.3t₹4.0t₹216.7b21.3x24.4x1.3x
Sun, 16 Apr 2023₹5.2t₹4.0t₹202.9b19.4x25.7x1.3x
Tue, 14 Mar 2023₹5.0t₹4.0t₹202.8b18.5x24.9x1.3x
Thu, 09 Feb 2023₹5.1t₹3.9t₹203.5b19x25x1.3x
Sat, 07 Jan 2023₹5.0t₹3.9t₹192.9b20x26.1x1.3x
Mon, 05 Dec 2022₹4.9t₹3.8t₹186.1b19.3x26.4x1.3x
Wed, 02 Nov 2022₹4.6t₹3.7t₹164.2b19.8x28.3x1.2x
Fri, 30 Sep 2022₹4.3t₹3.7t₹159.7b18.5x26.8x1.2x
Sun, 28 Aug 2022₹4.5t₹3.7t₹159.6b18.7x28.1x1.2x
Tue, 26 Jul 2022₹4.2t₹3.5t₹144.8b19.6x29.1x1.2x
Thu, 23 Jun 2022₹3.6t₹3.5t₹147.4b15.8x24.5x1x
Price to Earnings Ratio

24.5x


Total Market Cap: ₹3.6tTotal Earnings: ₹147.4bTotal Revenue: ₹3.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Construction Industry Price to Earnings3Y Average 29.3x202320242025
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 25.5x which is lower than its 3-year average PE of 29.3x.
  • The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Construction industry have grown 41% 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-0.88%
Industrials-1.59%
Construction-1.75%
Construction and Engineering-1.75%
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
DBL Dilip Buildcon₹532.508.8%
+₹6.3b
6.5%PE12.1x
SWSOLAR Sterling and Wilson Renewable Energy₹318.857.1%
+₹4.9b
-57.6%PE91.4x
GRINFRA G R Infraprojects₹1.33k3.8%
+₹4.8b
-21.0%PE12.7x
509496 ITD Cementation India₹771.053.3%
+₹4.2b
64.3%PE35.5x
532395 AXISCADES Technologies₹1.16k7.1%
+₹3.3b
120.6%PE66x
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Latest News

SWSOLAR

₹318.85

Sterling and Wilson Renewable Energy

7D

7.1%

1Y

-57.6%

500294

₹226.70

NCC

7D

-4.7%

1Y

-31.0%

IRCON

₹202.36

Ircon International

7D

-7.4%

1Y

-24.8%

532395

₹1,163.50

AXISCADES Technologies

7D

7.1%

1Y

120.6%

532309

₹316.25

GE Power India

7D

15.7%

1Y

-20.6%

509496

₹771.05

ITD Cementation India

7D

3.3%

1Y

64.3%

534309

₹120.60

NBCC (India)

7D

-5.6%

1Y

13.4%

500510

₹3,588.25

Larsen & Toubro

7D

-1.8%

1Y

-2.7%

TRANSRAILL

₹622.80

Transrail Lighting

7D

-7.0%

1Y

n/a

ASHOKA

₹206.24

Ashoka Buildcon

7D

-7.6%

1Y

-7.8%

538562

₹510.10

Skipper

7D

4.8%

1Y

39.0%