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Indian (NIFTY) Materials Sector Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies730
- 7D-4.9%
- 3M-7.3%
- 1Y13.1%
- YTD9.3%
In the last week, the Materials industry is down 3.3% with JSW Steel down the most at 8.3%. This takes the industry's 12 month performance to a gain of 16%. Earnings are forecast to grow by 25% 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 |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | ₹47.7t | ₹24.0t | ₹1.4t | 30.7x | 34.6x | 2x |
| Mon, 18 Nov 2024 | ₹46.8t | ₹24.0t | ₹1.4t | 29.3x | 33.9x | 1.9x |
| Wed, 16 Oct 2024 | ₹51.5t | ₹24.0t | ₹1.3t | 31x | 39.5x | 2.1x |
| Fri, 13 Sep 2024 | ₹51.3t | ₹24.0t | ₹1.3t | 30.8x | 39.4x | 2.1x |
| Sun, 11 Aug 2024 | ₹49.6t | ₹23.9t | ₹1.3t | 30.5x | 38.4x | 2.1x |
| Tue, 09 Jul 2024 | ₹51.3t | ₹23.8t | ₹1.3t | 30.5x | 39.1x | 2.2x |
| Thu, 06 Jun 2024 | ₹46.3t | ₹23.8t | ₹1.3t | 26.3x | 35.4x | 1.9x |
| Sat, 04 May 2024 | ₹46.2t | ₹23.9t | ₹1.4t | 27.6x | 33.6x | 1.9x |
| Mon, 01 Apr 2024 | ₹41.5t | ₹24.0t | ₹1.4t | 24.1x | 30x | 1.7x |
| Wed, 28 Feb 2024 | ₹42.1t | ₹24.0t | ₹1.4t | 26.6x | 30.4x | 1.8x |
| Fri, 26 Jan 2024 | ₹42.1t | ₹24.4t | ₹1.4t | 26.9x | 29.7x | 1.7x |
| Sun, 24 Dec 2023 | ₹41.8t | ₹24.4t | ₹1.4t | 24.9x | 30.6x | 1.7x |
| Tue, 21 Nov 2023 | ₹38.7t | ₹24.3t | ₹1.4t | 24.3x | 28.4x | 1.6x |
| Thu, 19 Oct 2023 | ₹38.6t | ₹24.4t | ₹1.4t | 24.4x | 27.6x | 1.6x |
| Sat, 16 Sep 2023 | ₹38.9t | ₹24.4t | ₹1.4t | 23.6x | 27.8x | 1.6x |
| Mon, 14 Aug 2023 | ₹36.7t | ₹24.4t | ₹1.4t | 21.9x | 26x | 1.5x |
| Wed, 12 Jul 2023 | ₹35.8t | ₹24.5t | ₹1.6t | 19.5x | 23.1x | 1.5x |
| Fri, 09 Jun 2023 | ₹34.8t | ₹24.5t | ₹1.6t | 18.8x | 22.4x | 1.4x |
| Sun, 07 May 2023 | ₹33.8t | ₹24.1t | ₹1.7t | 17.7x | 19.7x | 1.4x |
| Tue, 04 Apr 2023 | ₹32.1t | ₹24.2t | ₹1.8t | 16.2x | 17.7x | 1.3x |
| Thu, 02 Mar 2023 | ₹32.1t | ₹24.2t | ₹1.8t | 16.1x | 17.7x | 1.3x |
| Sat, 28 Jan 2023 | ₹32.3t | ₹23.8t | ₹2.0t | 16.7x | 16.1x | 1.4x |
| Mon, 26 Dec 2022 | ₹32.4t | ₹23.6t | ₹2.1t | 16x | 15.6x | 1.4x |
| Wed, 23 Nov 2022 | ₹33.4t | ₹23.6t | ₹2.1t | 16.4x | 16.1x | 1.4x |
| Fri, 21 Oct 2022 | ₹32.8t | ₹22.7t | ₹2.4t | 16.9x | 13.6x | 1.4x |
| Sun, 18 Sep 2022 | ₹33.9t | ₹22.6t | ₹2.4t | 17x | 14.1x | 1.5x |
| Tue, 16 Aug 2022 | ₹32.7t | ₹22.6t | ₹2.4t | 15.8x | 13.6x | 1.4x |
| Thu, 14 Jul 2022 | ₹29.3t | ₹21.1t | ₹2.5t | 15.2x | 11.9x | 1.4x |
| Sat, 11 Jun 2022 | ₹29.5t | ₹21.1t | ₹2.5t | 15.1x | 12x | 1.4x |
| Mon, 09 May 2022 | ₹32.4t | ₹19.9t | ₹2.4t | 16.1x | 13.6x | 1.6x |
| Wed, 06 Apr 2022 | ₹34.9t | ₹19.4t | ₹2.3t | 16.7x | 15x | 1.8x |
| Fri, 04 Mar 2022 | ₹31.8t | ₹19.7t | ₹2.4t | 15x | 13.3x | 1.6x |
| Sun, 30 Jan 2022 | ₹32.9t | ₹18.6t | ₹2.3t | 16.7x | 14.5x | 1.8x |
| Tue, 28 Dec 2021 | ₹32.7t | ₹18.3t | ₹2.3t | 15.1x | 14.5x | 1.8x |
Price to Earnings Ratio
14.5x
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 35.2x which is higher than its 3-year average PE of 23.8x.
- 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 9.4% 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 Market | -4.25% | |
| Materials | -4.92% | |
| Packaging | -2.75% | |
| Chemicals | -3.82% | |
| Paper and Forestry Products | -4.79% | |
| Basic Materials | -5.31% | |
| Metals and Mining | -5.94% | |
Industry PE
- Investors are most optimistic about the Chemicals industry which is trading above its 3-year average PE ratio of 35.0x.
- Analysts are expecting annual earnings growth of 23.1%, which is higher than its past year's earnings growth of 8.0% 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 16.2x.
Forecasted Growth
- Analysts are most optimistic on the Paper and Forestry Products industry, expecting annual earnings growth of 38% over the next 5 years.
- This is better than its past earnings decline of 17% per year.
- In contrast, the Basic Materials industry is expected to see its earnings grow by 18% 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 | |
|---|---|---|---|---|---|
| COROMANDEL Coromandel International | ₹1.84k | 3.5% +₹18.2b | 49.4% | PE39.7x | |
| 512455 Lloyds Metals and Energy | ₹1.13k | 1.8% +₹10.5b | 84.1% | PE40.4x | |
| GRAVITA Gravita India | ₹2.33k | 5.9% +₹8.9b | 122.1% | PE58.9x | |
| 506854 Tanfac Industries | ₹2.82k | 27.8% +₹6.1b | 13.0% | PE52.8x | |
| 500235 Kalyani Steels | ₹1.17k | 12.0% +₹5.5b | 172.3% | PE20.6x |
