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Dec 01
Indian (NIFTY) Materials Sector Analysis
UpdatedDec 01, 2022
DataAggregated Company Financials
Companies642
- 7D2.1%
- 3M2.0%
- 1Y5.5%
- YTD-0.6%
In the last week, the Materials industry is up 2.1%, with UltraTech Cement leading the way, up 3.7%. This takes the industry's 12 month performance to a gain of 5.5%. Looking forward, earnings are forecast to grow by 21% annually.
Sector Valuation and Performance
Has the Indian Materials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 01 Dec 2022 | ₹34.1t | ₹23.6t | ₹2.1t | 16.7x | 16.5x | 1.4x |
| Sat, 29 Oct 2022 | ₹32.5t | ₹22.9t | ₹2.3t | 16.4x | 14.1x | 1.4x |
| Mon, 26 Sep 2022 | ₹33.4t | ₹22.6t | ₹2.4t | 16.9x | 13.9x | 1.5x |
| Wed, 24 Aug 2022 | ₹32.5t | ₹22.6t | ₹2.4t | 15.7x | 13.5x | 1.4x |
| Fri, 22 Jul 2022 | ₹30.2t | ₹21.1t | ₹2.4t | 15.3x | 12.4x | 1.4x |
| Sun, 19 Jun 2022 | ₹27.5t | ₹21.1t | ₹2.5t | 14.1x | 11.2x | 1.3x |
| Tue, 17 May 2022 | ₹30.2t | ₹20.1t | ₹2.4t | 15.2x | 12.5x | 1.5x |
| Thu, 14 Apr 2022 | ₹35.1t | ₹19.4t | ₹2.3t | 17.3x | 15.1x | 1.8x |
| Sat, 12 Mar 2022 | ₹32.1t | ₹19.7t | ₹2.4t | 15.3x | 13.4x | 1.6x |
| Mon, 07 Feb 2022 | ₹34.1t | ₹19.1t | ₹2.4t | 17.3x | 14.4x | 1.8x |
| Wed, 05 Jan 2022 | ₹34.2t | ₹18.3t | ₹2.3t | 16.2x | 15.1x | 1.9x |
| Fri, 03 Dec 2021 | ₹32.5t | ₹18.3t | ₹2.3t | 14.6x | 14.4x | 1.8x |
| Sun, 31 Oct 2021 | ₹33.1t | ₹17.2t | ₹2.0t | 15.7x | 16.6x | 1.9x |
| Tue, 28 Sep 2021 | ₹33.3t | ₹16.8t | ₹1.9t | 16x | 17.6x | 2x |
| Thu, 26 Aug 2021 | ₹31.6t | ₹16.8t | ₹1.9t | 15.1x | 16.7x | 1.9x |
| Fri, 02 Jul 2021 | ₹30.2t | ₹16.7t | ₹1.9t | 14x | 16x | 1.8x |
| Mon, 05 Apr 2021 | ₹24.9t | ₹14.7t | ₹1.3t | 12.9x | 19.2x | 1.7x |
| Thu, 07 Jan 2021 | ₹21.2t | ₹13.6t | ₹759.2b | 14.6x | 27.9x | 1.6x |
| Wed, 30 Sep 2020 | ₹17.1t | ₹13.1t | ₹534.5b | 13.3x | 32x | 1.3x |
| Sat, 04 Jul 2020 | ₹14.9t | ₹12.9t | ₹500.7b | 12.2x | 29.7x | 1.1x |
| Tue, 07 Apr 2020 | ₹12.0t | ₹14.0t | ₹672.9b | 8.2x | 17.8x | 0.9x |
| Fri, 10 Jan 2020 | ₹16.2t | ₹14.4t | ₹846.0b | 10.5x | 19.2x | 1.1x |
Price to Earnings Ratio
17.6x
Current Industry PE
- Investors are pessimistic on the Indian Materials 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 16.5x which is lower than its 3-year average PE of 20.3x.
- The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Materials industry have grown 32% 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 Materials sector?
| IN Market | 2.49% | |
| Materials | 2.10% | |
| Basic Materials | 3.03% | |
| Packaging | 2.72% | |
| Metals and Mining | 1.90% | |
| Chemicals | 1.86% | |
| Paper and Forestry Products | 0.026% | |
Industry PE
- Investors are most optimistic about the Basic Materials industry which is trading above its 3-year average PE ratio of 24.0x.
- Analysts are expecting annual earnings growth of 33.2%, which is higher than its past year's earnings decline of 39.8% per year.
- Investors are most pessimistic about the Metals and Mining industry, which is trading below its 3-year average of 23.8x.
Forecasted Growth
- Analysts are most optimistic on the Basic Materials industry, expecting annual earnings growth of 33% over the next 5 years.
- This is better than its past earnings decline of 40% per year.
- In contrast, the Paper and Forestry Products industry is expected to see its earnings grow by 11% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ULTRACEMCO UltraTech Cement | ₹7.08k | 3.7% +₹73.0b | -3.4% | PE31.4x | |
| ASIANPAINT Asian Paints | ₹3.18k | 2.4% +₹71.3b | 1.2% | PE83.1x | |
| 500228 JSW Steel | ₹743.60 | 3.2% +₹56.2b | 16.7% | PE23.5x | |
| 500440 Hindalco Industries | ₹450.90 | 4.1% +₹38.9b | 6.2% | PE7.2x | |
| GRASIM Grasim Industries | ₹1.76k | 3.4% +₹37.6b | 4.8% | PE16.5x |
