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Indian (NIFTY) Basic Materials Industry Analysis
UpdatedJan 10, 2026
DataAggregated Company Financials
Companies67
- 7D-1.5%
- 3M-5.1%
- 1Y8.0%
- YTD-1.1%
Over the last 7 days, the Basic Materials industry has dropped 1.5%, driven by a pullback from Ambuja Cements of 5.0%. Over the past 12 months, the industry was up 8.0%. 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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 10 Jan 2026 | ₹10.3t | ₹4.4t | ₹261.8b | 29.6x | 39.5x | 2.3x |
| Mon, 08 Dec 2025 | ₹10.1t | ₹4.4t | ₹261.8b | 30.4x | 38.7x | 2.3x |
| Wed, 05 Nov 2025 | ₹10.6t | ₹4.4t | ₹254.1b | 33.6x | 41.7x | 2.4x |
| Fri, 03 Oct 2025 | ₹10.8t | ₹4.3t | ₹212.6b | 33.3x | 50.6x | 2.5x |
| Sun, 31 Aug 2025 | ₹11.0t | ₹4.3t | ₹226.0b | 32.2x | 48.7x | 2.6x |
| Tue, 29 Jul 2025 | ₹10.8t | ₹4.1t | ₹213.2b | 41.3x | 50.5x | 2.6x |
| Thu, 26 Jun 2025 | ₹10.4t | ₹4.1t | ₹201.8b | 41.5x | 51.3x | 2.5x |
| Sat, 24 May 2025 | ₹10.3t | ₹4.1t | ₹197.1b | 39.8x | 52.5x | 2.5x |
| Mon, 21 Apr 2025 | ₹10.3t | ₹4.0t | ₹201.9b | 32.4x | 50.8x | 2.6x |
| Wed, 19 Mar 2025 | ₹9.2t | ₹4.0t | ₹202.2b | 31.1x | 45.4x | 2.3x |
| Fri, 14 Feb 2025 | ₹9.6t | ₹4.0t | ₹203.2b | 32.6x | 47.1x | 2.4x |
| Sun, 12 Jan 2025 | ₹9.3t | ₹3.9t | ₹203.2b | 36.1x | 45.9x | 2.4x |
| Tue, 10 Dec 2024 | ₹10.2t | ₹3.9t | ₹203.2b | 39.4x | 50.2x | 2.6x |
| Thu, 07 Nov 2024 | ₹9.9t | ₹3.9t | ₹222.6b | 32.1x | 44.6x | 2.5x |
| Sat, 05 Oct 2024 | ₹10.2t | ₹3.9t | ₹239.4b | 30x | 42.6x | 2.6x |
| Mon, 02 Sep 2024 | ₹10.1t | ₹3.9t | ₹239.3b | 31.5x | 42.1x | 2.6x |
| Wed, 31 Jul 2024 | ₹10.6t | ₹3.9t | ₹250.1b | 33.7x | 42.3x | 2.7x |
| Fri, 28 Jun 2024 | ₹10.4t | ₹3.9t | ₹248.6b | 31.8x | 41.8x | 2.7x |
| Sun, 26 May 2024 | ₹9.5t | ₹3.9t | ₹243.6b | 31.9x | 39.1x | 2.4x |
| Tue, 23 Apr 2024 | ₹9.1t | ₹3.8t | ₹234.5b | 33.1x | 38.9x | 2.4x |
| Thu, 21 Mar 2024 | ₹8.6t | ₹3.8t | ₹234.4b | 29.6x | 36.9x | 2.2x |
| Sat, 17 Feb 2024 | ₹9.1t | ₹3.8t | ₹234.4b | 34.1x | 38.8x | 2.4x |
| Mon, 15 Jan 2024 | ₹8.9t | ₹3.8t | ₹216.9b | 38.6x | 41.1x | 2.4x |
| Wed, 13 Dec 2023 | ₹8.9t | ₹3.8t | ₹216.9b | 36.4x | 40.8x | 2.3x |
| Fri, 10 Nov 2023 | ₹7.8t | ₹3.7t | ₹213.5b | 32.7x | 36.8x | 2.1x |
| Sun, 08 Oct 2023 | ₹7.7t | ₹3.7t | ₹185.2b | 30.8x | 41.7x | 2.1x |
| Tue, 05 Sep 2023 | ₹7.8t | ₹3.7t | ₹184.0b | 33.6x | 42.6x | 2.1x |
| Thu, 03 Aug 2023 | ₹7.6t | ₹3.6t | ₹191.0b | 32.7x | 39.6x | 2.1x |
| Sat, 01 Jul 2023 | ₹7.4t | ₹3.6t | ₹185.8b | 28.2x | 39.9x | 2.1x |
| Mon, 29 May 2023 | ₹7.1t | ₹3.6t | ₹195.4b | 23.9x | 36.5x | 2x |
| Wed, 26 Apr 2023 | ₹6.8t | ₹3.5t | ₹208.7b | 24.5x | 32.7x | 2x |
| Fri, 24 Mar 2023 | ₹6.7t | ₹3.4t | ₹210.3b | 23.3x | 32x | 1.9x |
| Sun, 19 Feb 2023 | ₹6.8t | ₹3.4t | ₹210.0b | 24.5x | 32.2x | 2x |
| Tue, 17 Jan 2023 | ₹7.2t | ₹3.3t | ₹213.8b | 23.7x | 33.7x | 2.2x |
Price to Earnings Ratio
33.7x
Current Industry PE
- Investors are relatively neutral on the Indian Basic 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 42.2x.
- The industry is trading close to its 3-year average PS ratio of 2.3x.
Past Earnings Growth
- The earnings for companies in the Basic Materials industry have grown 7.0% per year over the last three years.
- Revenues for these companies have grown 10.0% 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 | -2.80% | |
| Materials | -2.50% | |
| Basic Materials | -1.54% | |
| Construction Materials | -1.54% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 532644 J.K. Cement | ₹5.72k | 2.7% +₹11.7b | 26.0% | PE42.7x | |
| ULTRACEMCO UltraTech Cement | ₹11.94k | 0.3% +₹11.2b | 9.9% | PE48.1x | |
| RAMCOCEM Ramco Cements | ₹1.09k | 3.5% +₹8.8b | 19.4% | PE69.4x | |
| INDIACEM India Cements | ₹464.60 | 4.3% +₹6.0b | 23.3% | PE446.9x | |
| RAMCOIND Ramco Industries | ₹323.30 | 2.8% +₹768.5m | 25.4% | PE12.1x |
