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Indian (NIFTY) Construction Industry Analysis
UpdatedAug 23, 2025
DataAggregated Company Financials
Companies193
- 7D0.04%
- 3M-1.0%
- 1Y-14.8%
- YTD-10.9%
The Construction is pretty flat in the last 7 days, but Voltas has stood out, gaining 6.2%. As for the longer term, the industry has declined 15% in the last year. Earnings are forecast to grow by 15% annually.
Industry Valuation and Performance
Has the Indian Construction Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 23 Aug 2025 | ₹10.3t | ₹5.8t | ₹423.9b | 20.4x | 24.3x | 1.8x |
| Mon, 21 Jul 2025 | ₹10.4t | ₹5.7t | ₹413.6b | 22.6x | 25.2x | 1.8x |
| Wed, 18 Jun 2025 | ₹10.6t | ₹5.7t | ₹411.8b | 23.1x | 25.6x | 1.9x |
| Fri, 16 May 2025 | ₹10.2t | ₹5.6t | ₹414.4b | 21.5x | 24.5x | 1.8x |
| Sun, 13 Apr 2025 | ₹9.0t | ₹5.5t | ₹413.0b | 20.2x | 21.8x | 1.6x |
| Tue, 11 Mar 2025 | ₹9.0t | ₹5.5t | ₹412.9b | 19.6x | 21.7x | 1.6x |
| Thu, 06 Feb 2025 | ₹10.1t | ₹5.5t | ₹409.7b | 24x | 24.6x | 1.8x |
| Sat, 04 Jan 2025 | ₹11.3t | ₹5.4t | ₹334.3b | 28.8x | 33.9x | 2.1x |
| Mon, 02 Dec 2024 | ₹11.1t | ₹5.3t | ₹332.6b | 24.9x | 33.3x | 2.1x |
| Wed, 30 Oct 2024 | ₹10.2t | ₹5.0t | ₹312.7b | 25.7x | 32.6x | 2x |
| Fri, 27 Sep 2024 | ₹11.4t | ₹5.0t | ₹310.3b | 28.4x | 36.6x | 2.3x |
| Sun, 25 Aug 2024 | ₹11.3t | ₹5.0t | ₹302.1b | 29x | 37.3x | 2.3x |
| Tue, 23 Jul 2024 | ₹11.3t | ₹4.8t | ₹283.0b | 29.3x | 39.9x | 2.3x |
| Thu, 20 Jun 2024 | ₹10.6t | ₹4.8t | ₹281.9b | 27.3x | 37.5x | 2.2x |
| Sat, 18 May 2024 | ₹9.7t | ₹4.7t | ₹276.7b | 27.6x | 35.2x | 2.1x |
| Mon, 15 Apr 2024 | ₹9.5t | ₹4.5t | ₹271.8b | 26.2x | 35.1x | 2.1x |
| Wed, 13 Mar 2024 | ₹8.8t | ₹4.5t | ₹269.9b | 26x | 32.7x | 1.9x |
| Fri, 09 Feb 2024 | ₹8.9t | ₹4.5t | ₹266.3b | 28.6x | 33.3x | 2x |
| Sun, 07 Jan 2024 | ₹8.2t | ₹4.4t | ₹262.0b | 25.4x | 31.5x | 1.9x |
| Tue, 05 Dec 2023 | ₹7.7t | ₹4.4t | ₹261.9b | 23.4x | 29.4x | 1.7x |
| Thu, 02 Nov 2023 | ₹6.8t | ₹4.3t | ₹242.8b | 22.1x | 28x | 1.6x |
| Sat, 30 Sep 2023 | ₹7.2t | ₹4.3t | ₹247.8b | 22x | 29.1x | 1.7x |
| Mon, 28 Aug 2023 | ₹6.4t | ₹4.3t | ₹244.6b | 21.2x | 26x | 1.5x |
| Wed, 26 Jul 2023 | ₹6.1t | ₹4.1t | ₹233.3b | 21.4x | 26.2x | 1.5x |
| Fri, 23 Jun 2023 | ₹5.7t | ₹4.1t | ₹233.3b | 19.8x | 24.5x | 1.4x |
| Sun, 21 May 2023 | ₹5.1t | ₹4.1t | ₹218.3b | 19.9x | 23.6x | 1.3x |
| Tue, 18 Apr 2023 | ₹5.2t | ₹4.0t | ₹202.9b | 18.9x | 25.5x | 1.3x |
| Thu, 16 Mar 2023 | ₹5.1t | ₹4.0t | ₹202.8b | 18.5x | 25.1x | 1.3x |
| Sat, 11 Feb 2023 | ₹5.1t | ₹4.0t | ₹202.5b | 19.3x | 25.3x | 1.3x |
| Mon, 09 Jan 2023 | ₹5.0t | ₹3.9t | ₹193.0b | 19.3x | 26x | 1.3x |
| Wed, 07 Dec 2022 | ₹4.9t | ₹3.8t | ₹186.1b | 19.5x | 26.5x | 1.3x |
| Fri, 04 Nov 2022 | ₹4.6t | ₹3.7t | ₹163.1b | 19.2x | 28.4x | 1.2x |
| Sun, 02 Oct 2022 | ₹4.4t | ₹3.7t | ₹159.7b | 18.9x | 27.3x | 1.2x |
| Tue, 30 Aug 2022 | ₹4.5t | ₹3.7t | ₹159.9b | 18.5x | 27.9x | 1.2x |
Price to Earnings Ratio
27.9x
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 24.3x 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 38% 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 | 1.84% | |
| Industrials | 1.35% | |
| Construction | 0.038% | |
| Construction and Engineering | 0.038% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| VOLTAS Voltas | ₹1.35k | 6.2% +₹25.9b | -20.0% | PE69.1x | |
| KEC KEC International | ₹824.75 | 5.9% +₹12.3b | -1.8% | PE36.1x | |
| KPIL Kalpataru Projects International | ₹1.30k | 5.5% +₹11.6b | 0.1% | PE31.4x | |
| 534618 Waaree Renewable Technologies | ₹1.06k | 6.7% +₹7.0b | -25.7% | PE38.6x | |
| TECHNOE Techno Electric & Engineering | ₹1.55k | 3.4% +₹5.9b | -8.7% | PE41.2x |
