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Indian (NIFTY) Materials Sector Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies627
  • 7D-2.6%
  • 3M-4.6%
  • 1Y58.4%
  • YTD41.5%

Over the last 7 days, the Materials industry has dropped 2.6%, driven by a pullback from JSW Steel of 11%. This takes the industry's 12 month performance to a gain of 58%.

Sector Valuation and Performance

Has the Indian Materials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Tue, 30 Nov 2021₹32.2t₹18.3t₹2.3t14.8x
Thu, 28 Oct 2021₹33.5t₹17.1t₹2.0t16.3x
Sat, 25 Sep 2021₹33.4t₹16.8t₹1.9t15.9x
Mon, 23 Aug 2021₹31.2t₹16.8t₹1.9t14.5x
Sat, 10 Jul 2021₹30.2t₹16.7t₹1.9t14x
Fri, 02 Apr 2021₹24.9t₹14.7t₹1.3t12.9x
Mon, 04 Jan 2021₹21.2t₹13.6t₹759.2b14.6x
Thu, 08 Oct 2020₹17.1t₹13.1t₹534.5b13.3x
Wed, 01 Jul 2020₹14.9t₹12.9t₹500.7b12.2x
Sat, 04 Apr 2020₹12.0t₹14.0t₹672.9b8.2x
Tue, 07 Jan 2020₹16.2t₹14.4t₹846.0b10.5x
Mon, 30 Sep 2019₹15.5t₹14.5t₹890.8b10.6x
Thu, 04 Jul 2019₹16.1t₹14.8t₹828.7b11.9x
Sun, 07 Apr 2019₹16.4t₹14.7t₹889.0b12.9x
Wed, 09 Jan 2019₹16.0t₹13.7t₹999.8b15.1x
PE Ratio

14.8x

Total Market Cap: ₹15.8tTotal Earnings: ₹993.1bTotal Revenue: ₹13.3t0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 12.9x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Materials industry have grown 32% per year over the last three years, and revenues for these companies have grown 11% 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?

Packaging-0.29%
Metals and Mining-1.67%
Chemicals-2.44%
Basic Materials-4.04%
Paper and Forestry Products-4.67%

Industry PE: Investors are most optimistic about the Chemicals industry which is trading above its 3-year average PE ratio of 14.2x. However analysts are expecting annual earnings growth of 21%, which is lower than the prior year's growth of 43% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Metals and Mining industry, which is trading close to its 3-year average of 10.8x.

Forecasted Growth: Analysts are most optimistic on the Packaging industry, expecting annual earnings growth of 28% over the next 5 years. However this is lower than its past earnings growth rate of 51% per year. Meanwhile, the Metals and Mining industry is expected to see its earnings decline 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?

Company7D1YValuation
500188 Hindustan Zinc1.9%+₹26.6b46.2%PE16.2x
532504 Navin Fluorine International6.8%+₹11.7b39.6%PE73.3x
523457 Linde India4.9%+₹9.9b175.9%PE43x
543334 Nuvoco Vistas3.4%+₹6.4bn/aPE112.6x
532144 Welspun10.3%+₹4.0b31.8%PE7.2x
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SRF

7D

-8.0%

1Y

97.8%