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Indian (NIFTY) Basic Materials Industry Analysis

UpdatedMar 21, 2025
DataAggregated Company Financials
Companies68
  • 7D4.5%
  • 3M-4.5%
  • 1Y3.6%
  • YTD-3.5%

The Basic Materials industry is up 4.5% in the last week, with UltraTech Cement up 4.7%. During this same period, the Deccan Cements underperformed, falling 6.4%. In the last 12 months, the industry was up 3.6%. Looking forward, earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

Has the Indian Basic Materials Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 21 Mar 2025₹9.4t₹4.0t₹202.2b30.5x46.3x2.4x
Sun, 16 Feb 2025₹9.4t₹4.0t₹202.2b32.6x46.4x2.4x
Tue, 14 Jan 2025₹9.1t₹3.9t₹203.2b35.5x44.7x2.3x
Thu, 12 Dec 2024₹10.3t₹3.9t₹203.2b39.8x50.6x2.6x
Sat, 09 Nov 2024₹9.7t₹3.9t₹222.7b34.1x43.4x2.5x
Mon, 07 Oct 2024₹10.2t₹3.9t₹239.4b30x42.6x2.6x
Wed, 04 Sep 2024₹10.2t₹3.9t₹239.3b31.9x42.4x2.6x
Fri, 02 Aug 2024₹10.6t₹3.9t₹246.3b33.4x42.8x2.7x
Sun, 30 Jun 2024₹10.4t₹3.9t₹248.6b32.3x42x2.7x
Tue, 28 May 2024₹9.5t₹3.9t₹243.5b32.6x38.9x2.4x
Thu, 25 Apr 2024₹9.3t₹3.8t₹236.1b33.5x39.5x2.5x
Sat, 23 Mar 2024₹8.8t₹3.8t₹234.4b31x37.7x2.3x
Mon, 19 Feb 2024₹9.1t₹3.8t₹234.4b34.1x38.8x2.4x
Wed, 17 Jan 2024₹8.9t₹3.8t₹216.9b37.9x41.2x2.4x
Fri, 15 Dec 2023₹9.0t₹3.8t₹216.9b38x41.4x2.4x
Sun, 12 Nov 2023₹7.9t₹3.7t₹214.3b31.9x36.8x2.1x
Tue, 10 Oct 2023₹7.6t₹3.7t₹185.2b30.7x41.3x2.1x
Thu, 07 Sep 2023₹7.8t₹3.7t₹184.1b33.6x42.5x2.1x
Sat, 05 Aug 2023₹7.6t₹3.6t₹192.6b34.5x39.4x2.1x
Mon, 03 Jul 2023₹7.4t₹3.6t₹185.8b28.2x39.9x2.1x
Wed, 31 May 2023₹7.3t₹3.6t₹193.6b31.5x37.7x2x
Fri, 28 Apr 2023₹6.9t₹3.5t₹208.7b24.5x32.9x2x
Sun, 26 Mar 2023₹6.7t₹3.4t₹210.3b21.3x31.9x1.9x
Tue, 21 Feb 2023₹6.8t₹3.4t₹210.0b23.8x32.5x2x
Thu, 19 Jan 2023₹7.2t₹3.3t₹213.6b26.2x33.8x2.2x
Sat, 17 Dec 2022₹7.3t₹3.3t₹213.8b25x34.3x2.2x
Mon, 14 Nov 2022₹7.0t₹3.3t₹219.1b25.3x32x2.1x
Wed, 12 Oct 2022₹6.5t₹3.2t₹256.5b20.1x25.4x2x
Fri, 09 Sep 2022₹7.0t₹3.2t₹256.5b19.5x27.4x2.2x
Sun, 07 Aug 2022₹6.4t₹3.1t₹256.6b17.5x25x2.1x
Tue, 05 Jul 2022₹5.7t₹3.0t₹270.2b15.4x20.9x1.9x
Thu, 02 Jun 2022₹6.0t₹3.0t₹271.2b16.6x22.1x2x
Sat, 30 Apr 2022₹6.7t₹3.0t₹268.5b15.6x24.8x2.3x
Mon, 28 Mar 2022₹6.1t₹2.9t₹271.0b15.4x22.5x2.1x
Price to Earnings Ratio

22.5x


Total Market Cap: ₹6.1tTotal Earnings: ₹271.0bTotal Revenue: ₹2.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Basic Materials Industry Price to Earnings3Y Average 36.3x202320242025
Current Industry PE
  • Investors are optimistic on the Indian Basic Materials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 46.3x which is higher than its 3-year average PE of 36.3x.
  • The industry is trading close to its 3-year average PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Basic Materials industry have declined 9.3% per year over the last three years.
  • Meanwhile revenues for these companies have grown 11% 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 industry?

IN Market4.45%
Materials4.67%
Basic Materials4.48%
Construction Materials4.48%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
ULTRACEMCO UltraTech Cement₹10.95k4.7%
+₹143.0b		14.0%PE50.5x
GRASIM Grasim Industries₹2.47k4.1%
+₹66.5b		11.9%PE43.3x
500425 Ambuja Cements₹504.553.8%
+₹45.2b		-14.1%PE29.1x
SHREECEM Shree Cement₹28.63k4.1%
+₹40.9b		12.9%PE84.4x
532644 J.K. Cement₹4.66k9.1%
+₹29.9b		13.5%PE50x
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Latest News

RAMCOCEM

₹848.95

Ramco Cements

7D

5.9%

1Y

4.3%

DALBHARAT

₹1,696.25

Dalmia Bharat

7D

5.5%

1Y

-11.8%

534076

₹460.90

RHI Magnesita India

7D

17.5%

1Y

-17.0%

KESORAMIND

₹6.75

Kesoram Industries

7D

-18.8%

1Y

-95.9%

502137

₹768.20

Deccan Cements

7D

-6.4%

1Y

31.6%

532841

₹235.20

Sahyadri Industries

7D

-4.4%

1Y

-34.4%

532323

₹27.26

Shiva Cement

7D

-1.8%

1Y

-43.2%

ULTRACEMCO

₹10,948.15

UltraTech Cement

7D

4.7%

1Y

14.0%

502168

₹185.35

NCL Industries

7D

-0.7%

1Y

-1.4%

SHREECEM

₹28,628.85

Shree Cement

7D

4.1%

1Y

12.9%

Shree Cement (NSE:SHREECEM) Might Be Having Difficulty Using Its Capital Effectively

Feb 24
Shree Cement (NSE:SHREECEM) Might Be Having Difficulty Using Its Capital Effectively

518091

₹100.30

Anjani Portland Cement

7D

-4.7%

1Y

-43.5%

531494

₹14.28

Navkar Urbanstructure

7D

-1.0%

1Y

207.1%

GRASIM

₹2,468.15

Grasim Industries

7D

4.1%

1Y

11.9%

531168

₹231.90

Associated Ceramics

7D

-7.7%

1Y

-73.2%

500425

₹504.55

Ambuja Cements

7D

3.8%

1Y

-14.1%

532644

₹4,660.10

J.K. Cement

7D

9.1%

1Y

13.5%