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Indian (NIFTY) Basic Materials Industry Analysis

UpdatedFeb 29, 2024
DataAggregated Company Financials
Companies66
  • 7D-1.6%
  • 3M9.1%
  • 1Y32.9%
  • YTD-2.3%

Last week, the Basic Materials industry hasn't moved much but J.K. Cement is up 4.6% in that time. The past year has been better, since the industry has gained 37% in that time. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 29 Feb 2024₹9.0t₹3.8t₹234.5b32.1x38.4x2.3x
Sat, 27 Jan 2024₹9.0t₹3.8t₹232.1b37.9x38.9x2.4x
Mon, 25 Dec 2023₹8.8t₹3.8t₹216.9b35.9x40.6x2.3x
Wed, 22 Nov 2023₹8.0t₹3.8t₹216.6b31x36.8x2.1x
Fri, 20 Oct 2023₹7.9t₹3.7t₹185.8b33.1x42.6x2.2x
Sun, 17 Sep 2023₹8.0t₹3.7t₹185.2b31.5x43.3x2.2x
Tue, 15 Aug 2023₹7.4t₹3.7t₹185.7b32x39.9x2x
Thu, 13 Jul 2023₹7.4t₹3.6t₹185.8b30.6x39.8x2.1x
Sat, 10 Jun 2023₹7.5t₹3.6t₹185.8b33.9x40.2x2.1x
Mon, 08 May 2023₹7.1t₹3.5t₹208.7b24.5x33.8x2x
Wed, 05 Apr 2023₹6.9t₹3.4t₹210.3b22.4x32.8x2x
Fri, 03 Mar 2023₹6.8t₹3.4t₹210.0b23.6x32.1x2x
Sun, 29 Jan 2023₹6.4t₹3.4t₹206.3b23.6x31.1x1.9x
Tue, 27 Dec 2022₹7.0t₹3.3t₹214.1b24x32.5x2.1x
Thu, 24 Nov 2022₹7.1t₹3.3t₹214.3b25.6x33.1x2.1x
Sat, 22 Oct 2022₹6.7t₹3.2t₹243.9b20.3x27.3x2x
Mon, 19 Sep 2022₹7.0t₹3.2t₹256.5b19.1x27.3x2.2x
Wed, 17 Aug 2022₹6.4t₹3.2t₹257.0b18x25x2x
Fri, 15 Jul 2022₹5.7t₹3.0t₹270.3b16x21.2x1.9x
Sun, 12 Jun 2022₹5.6t₹3.0t₹270.6b16.3x20.6x1.8x
Tue, 10 May 2022₹6.2t₹3.0t₹272.0b14.8x22.9x2.1x
Thu, 07 Apr 2022₹6.6t₹2.9t₹271.0b16.3x24.2x2.2x
Sat, 05 Mar 2022₹5.9t₹2.9t₹271.4b14.8x21.8x2x
Mon, 31 Jan 2022₹6.9t₹2.9t₹281.7b16.5x24.4x2.4x
Wed, 29 Dec 2021₹7.1t₹2.9t₹283.4b17.7x25x2.5x
Fri, 26 Nov 2021₹7.3t₹2.9t₹283.4b16.8x25.9x2.6x
Sun, 24 Oct 2021₹7.1t₹2.8t₹277.2b16.8x25.7x2.6x
Tue, 21 Sep 2021₹7.4t₹2.8t₹274.9b16.7x26.9x2.7x
Thu, 19 Aug 2021₹7.0t₹2.7t₹273.1b17.9x25.6x2.6x
Thu, 03 Jun 2021₹6.4t₹2.5t₹229.9b19.9x27.7x2.6x
Sun, 07 Mar 2021₹5.6t₹2.3t₹212.8b14.4x26.3x2.4x
Price to Earnings Ratio

26.3x


Total Market Cap: ₹5.6tTotal Earnings: ₹212.8bTotal Revenue: ₹2.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Basic Materials Industry Price to Earnings3Y Average 30.5x202220232024
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 39.1x which is higher than its 3-year average PE of 30.5x.
  • 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 grown 3.3% per year over the last three years.
  • Revenues for these companies have grown 19% 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 industry?

IN Market-0.73%
Materials-2.26%
Basic Materials-1.59%
Construction Materials-1.59%
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
532644 J.K. Cement₹4.45k4.6%
+₹15.0b
56.8%PE50.3x
500425 Ambuja Cements₹589.550.3%
+₹3.6b
66.8%PE37x
500335 Birla₹1.71k0.6%
+₹789.3m
99.3%PE42.1x
502294 Nilachal Refractories₹57.6238.3%
+₹325.2m
47.0%PS104.8x
540575 Star Cement₹206.350.3%
+₹262.7m
87.3%PE27.5x
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Latest News

SHREECEM

₹25,606.40

Shree Cement

7D

-2.8%

1Y

-2.7%

RAMCOCEM

₹840.65

Ramco Cements

7D

-3.3%

1Y

15.1%

532644

₹4,446.30

J.K. Cement

7D

4.6%

1Y

56.8%

534076

₹574.60

RHI Magnesita India

7D

-5.9%

1Y

-11.5%

500380

₹905.35

JK Lakshmi Cement

7D

-5.7%

1Y

26.6%

502133

₹135.70

Hemadri Cements

7D

27.5%

1Y

n/a

502294

₹57.62

Nilachal Refractories

7D

38.3%

1Y

47.0%

518011

₹143.00

Keerthi Industries

7D

9.6%

1Y

-2.7%

540575

₹206.35

Star Cement

7D

0.3%

1Y

87.3%

500335

₹1,706.20

Birla

7D

0.6%

1Y

99.3%

540652

₹168.00

Captain Technocast

7D

11.9%

1Y

46.1%

500425

₹589.55

Ambuja Cements

7D

0.3%

1Y

66.8%

ACC

₹2,573.25

ACC

7D

-3.5%

1Y

45.4%