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Indian (NIFTY) Materials Sector Analysis

UpdatedNov 06, 2025
DataAggregated Company Financials
Companies785
  • 7D-1.8%
  • 3M1.2%
  • 1Y-0.4%
  • YTD6.8%

Over the last 7 days, the Materials industry has dropped 1.8%, and Tata Steel contributed the most with a 3.2% decline. In contrast, Navin Fluorine International has gained 22%. Over the last year, the industry has been flat overall. 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
Thu, 06 Nov 2025₹51.3t₹25.8t₹1.7t24.1x31.1x2x
Sat, 04 Oct 2025₹51.3t₹25.5t₹1.6t25x31.9x2x
Mon, 01 Sep 2025₹49.6t₹25.4t₹1.6t23.9x30.6x2x
Wed, 30 Jul 2025₹50.7t₹25.0t₹1.6t25.9x32.3x2x
Fri, 27 Jun 2025₹50.2t₹24.8t₹1.5t26.4x32.9x2x
Sun, 25 May 2025₹48.7t₹24.7t₹1.5t24.6x32.2x2x
Tue, 22 Apr 2025₹47.1t₹24.3t₹1.4t24.1x32.9x1.9x
Thu, 20 Mar 2025₹45.3t₹24.3t₹1.4t23.4x31.6x1.9x
Sat, 15 Feb 2025₹43.4t₹24.3t₹1.4t24.5x30.6x1.8x
Mon, 13 Jan 2025₹46.0t₹24.0t₹1.4t28.1x33.3x1.9x
Wed, 11 Dec 2024₹50.4t₹24.0t₹1.4t31.4x36.6x2.1x
Fri, 08 Nov 2024₹50.0t₹23.9t₹1.3t30.6x37.5x2.1x
Sun, 06 Oct 2024₹51.9t₹24.0t₹1.3t30.7x39.8x2.2x
Tue, 03 Sep 2024₹50.4t₹24.0t₹1.3t30.2x38.7x2.1x
Thu, 01 Aug 2024₹51.7t₹23.9t₹1.3t30.3x39.9x2.2x
Sat, 29 Jun 2024₹50.2t₹23.8t₹1.3t29.5x38.3x2.1x
Mon, 27 May 2024₹48.0t₹23.8t₹1.3t27.1x36x2x
Wed, 24 Apr 2024₹44.7t₹23.9t₹1.4t27.2x32.4x1.9x
Fri, 22 Mar 2024₹40.9t₹24.0t₹1.4t24.2x29.5x1.7x
Sun, 18 Feb 2024₹42.1t₹24.0t₹1.4t26.8x30.2x1.8x
Tue, 16 Jan 2024₹42.7t₹24.4t₹1.4t26.8x31.3x1.8x
Thu, 14 Dec 2023₹41.3t₹24.4t₹1.4t24.8x30.2x1.7x
Sat, 11 Nov 2023₹38.0t₹24.3t₹1.4t24.4x28.1x1.6x
Mon, 09 Oct 2023₹37.8t₹24.4t₹1.4t23.8x27x1.6x
Wed, 06 Sep 2023₹38.8t₹24.4t₹1.4t23.9x27.8x1.6x
Fri, 04 Aug 2023₹36.6t₹24.4t₹1.5t20.8x25.1x1.5x
Sun, 02 Jul 2023₹35.5t₹24.5t₹1.6t19.6x22.9x1.5x
Tue, 30 May 2023₹34.1t₹24.4t₹1.6t18.2x21.3x1.4x
Thu, 27 Apr 2023₹33.1t₹24.1t₹1.8t16.9x18.1x1.4x
Sat, 25 Mar 2023₹31.6t₹24.2t₹1.8t15.7x17.5x1.3x
Mon, 20 Feb 2023₹32.8t₹24.2t₹1.8t16.2x18.1x1.4x
Wed, 18 Jan 2023₹34.1t₹23.6t₹2.1t17.6x16.4x1.4x
Fri, 16 Dec 2022₹34.4t₹23.6t₹2.1t17.2x16.7x1.5x
Sun, 13 Nov 2022₹33.5t₹22.0t₹2.1t17x16x1.5x
Price to Earnings Ratio

16x


Total Market Cap: ₹33.5tTotal Earnings: ₹2.1tTotal Revenue: ₹22.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Materials Sector Price to Earnings3Y Average 29.2x202320242025
Current Industry PE
  • Investors are relatively neutral on the Indian Materials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 29.2x.
  • The 3-year average PS ratio of 1.8x 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 7.7% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.4% 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-0.94%
Materials-1.76%
Paper and Forestry Products-0.13%
Packaging-0.58%
Chemicals-1.29%
Metals and Mining-1.96%
Basic Materials-2.41%
Industry PE
  • Investors are most optimistic about the Paper and Forestry Products industry which is trading above its 3-year average PE ratio of 21.5x.
    • Analysts are expecting annual earnings growth of 74.0%, which is higher than its past year's earnings decline of 23.1% per year.
  • Investors are most pessimistic about the Packaging industry, which is trading below its 3-year average of 24.5x.
Forecasted Growth
  • Analysts are most optimistic on the Paper and Forestry Products industry, expecting annual earnings growth of 74% over the next 5 years.
  • This is better than its past earnings decline of 23% per year.
  • In contrast, the Basic Materials industry is expected to see its earnings grow by 13% 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
532504 Navin Fluorine International₹6.05k21.6%
+₹55.2b
72.8%PE69.8x
523642 PI Industries₹3.68k2.1%
+₹11.5b
-20.2%PE34.7x
JINDALSTEL Jindal Steel₹1.08k0.9%
+₹10.3b
13.5%PE40.2x
512070 UPL₹731.301.6%
+₹9.8b
28.9%PE58.4x
GRAVITA Gravita India₹1.77k7.5%
+₹9.0b
-20.8%PE35.5x

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