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Indian (NIFTY) Materials Sector Analysis

UpdatedJun 11, 2025
DataAggregated Company Financials
Companies743
  • 7D3.0%
  • 3M13.9%
  • 1Y1.7%
  • YTD5.8%

Over the last 7 days, the Materials industry has risen 3.0%, driven by gains from Hindustan Zinc of 11%. Overall in the last year, the industry is flat. 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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 11 Jun 2025₹50.1t₹24.8t₹1.5t26.2x32.8x2x
Fri, 09 May 2025₹45.4t₹24.5t₹1.5t22.6x31.2x1.9x
Sun, 06 Apr 2025₹44.8t₹24.3t₹1.4t23.2x31.2x1.8x
Tue, 04 Mar 2025₹42.0t₹24.3t₹1.4t22.2x29.2x1.7x
Thu, 30 Jan 2025₹45.1t₹24.0t₹1.4t26.6x33x1.9x
Sat, 28 Dec 2024₹47.4t₹24.0t₹1.4t29.6x34.3x2x
Mon, 25 Nov 2024₹47.2t₹24.0t₹1.4t29.6x34.2x2x
Wed, 23 Oct 2024₹49.0t₹24.0t₹1.3t29.7x37.7x2x
Fri, 20 Sep 2024₹50.9t₹24.0t₹1.3t31x39.1x2.1x
Sun, 18 Aug 2024₹49.0t₹24.0t₹1.3t29.3x37.6x2x
Tue, 16 Jul 2024₹51.2t₹23.8t₹1.3t30.3x39x2.1x
Thu, 13 Jun 2024₹48.8t₹23.8t₹1.3t28.4x37.3x2.1x
Sat, 11 May 2024₹44.8t₹23.9t₹1.4t26.9x32.7x1.9x
Mon, 08 Apr 2024₹43.6t₹24.0t₹1.4t26.4x31.5x1.8x
Wed, 06 Mar 2024₹42.3t₹24.0t₹1.4t26.4x30.5x1.8x
Fri, 02 Feb 2024₹42.4t₹24.4t₹1.5t27.1x29.2x1.7x
Sun, 31 Dec 2023₹43.0t₹24.4t₹1.4t25.5x31.5x1.8x
Tue, 28 Nov 2023₹38.8t₹24.3t₹1.4t24.4x28.4x1.6x
Thu, 26 Oct 2023₹36.8t₹24.4t₹1.4t23.1x25.6x1.5x
Sat, 23 Sep 2023₹37.9t₹24.4t₹1.4t23.2x27.1x1.6x
Mon, 21 Aug 2023₹36.2t₹24.4t₹1.4t21.6x25.9x1.5x
Wed, 19 Jul 2023₹36.1t₹24.5t₹1.6t19.5x23.3x1.5x
Fri, 16 Jun 2023₹35.6t₹24.4t₹1.6t19x22.9x1.5x
Sun, 14 May 2023₹33.9t₹24.2t₹1.7t17.5x20.1x1.4x
Tue, 11 Apr 2023₹32.4t₹24.2t₹1.8t16.4x17.9x1.3x
Thu, 09 Mar 2023₹32.5t₹24.2t₹1.8t16.3x17.9x1.3x
Sat, 04 Feb 2023₹32.7t₹23.8t₹2.0t16.2x16.5x1.4x
Mon, 02 Jan 2023₹34.1t₹23.6t₹2.1t17.2x16.4x1.4x
Wed, 30 Nov 2022₹33.7t₹23.6t₹2.1t16.4x16.3x1.4x
Fri, 28 Oct 2022₹32.8t₹22.9t₹2.3t16.5x14.2x1.4x
Sun, 25 Sep 2022₹33.4t₹22.6t₹2.4t16.9x13.9x1.5x
Tue, 23 Aug 2022₹32.2t₹22.6t₹2.4t15.6x13.4x1.4x
Thu, 21 Jul 2022₹29.9t₹21.2t₹2.4t15.2x12.3x1.4x
Sat, 18 Jun 2022₹27.5t₹21.1t₹2.5t14.1x11.2x1.3x
Price to Earnings Ratio

11.2x


Total Market Cap: ₹27.5tTotal Earnings: ₹2.5tTotal Revenue: ₹21.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Materials Sector Price to Earnings3Y Average 26.7x202320242025
Current Industry PE
  • Investors are optimistic on the Indian Materials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 32.8x which is higher than its 3-year average PE of 26.7x.
  • The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have declined 15% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.6% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Indian Materials sector?

IN Market2.80%
Materials2.99%
Paper and Forestry Products5.68%
Metals and Mining4.77%
Basic Materials3.35%
Packaging3.34%
Chemicals1.11%
Industry PE
  • Investors are most optimistic about the Basic Materials industry which is trading above its 3-year average PE ratio of 38.3x.
    • Analysts are expecting annual earnings growth of 14.8%, which is higher than its past year's earnings decline of 26.2% per year.
  • Investors are most pessimistic about the Metals and Mining industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 18.6x.
Forecasted Growth
  • Analysts are most optimistic on the Paper and Forestry Products industry, expecting annual earnings growth of 54% over the next 5 years.
  • This is better than its past earnings decline of 13% per year.
  • In contrast, the Basic Materials industry is expected to see its earnings grow by 15% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
500188 Hindustan Zinc₹520.4011.3%
+₹223.1b
-24.4%PE21.2x
ULTRACEMCO UltraTech Cement₹11.46k3.9%
+₹126.8b
3.8%PE55.8x
VEDL Vedanta₹469.307.4%
+₹126.6b
5.6%PE12.2x
GRASIM Grasim Industries₹2.72k6.8%
+₹117.0b
11.1%PE49.8x
500228 JSW Steel₹1.01k3.9%
+₹93.1b
9.8%PE70x
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Latest News

500188

₹520.40

Hindustan Zinc

7D

11.3%

1Y

-24.4%

ASIANPAINT

₹2,208.80

Asian Paints

7D

-1.8%

1Y

-24.0%

523457

₹7,346.35

Linde India

7D

-2.4%

1Y

-20.1%

500470

₹156.35

Tata Steel

7D

-1.1%

1Y

-14.2%

506285

₹5,443.30

Bayer CropScience

7D

-2.7%

1Y

-10.5%

500228

₹1,006.85

JSW Steel

7D

3.9%

1Y

9.8%

500440

₹655.05

Hindalco Industries

7D

3.0%

1Y

-2.7%

500040

₹2,458.95

Aditya Birla Real Estate

7D

14.9%

1Y

18.1%

PIDILITIND

₹3,060.20

Pidilite Industries

7D

-1.1%

1Y

-0.6%