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Indian (NIFTY) Basic Materials Industry Analysis

UpdatedNov 09, 2025
DataAggregated Company Financials
Companies67
  • 7D-2.9%
  • 3M-4.0%
  • 1Y5.1%
  • YTD4.4%

Over the last 7 days, the Basic Materials industry has dropped 2.9%, driven by a pullback from Grasim Industries of 5.8%. This takes the industry's 12 month performance to a gain of 5.1%. 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
Sun, 09 Nov 2025₹10.4t₹4.4t₹258.5b33x40.4x2.3x
Tue, 07 Oct 2025₹10.8t₹4.3t₹212.6b33.7x50.6x2.5x
Thu, 04 Sep 2025₹11.1t₹4.3t₹212.6b34.1x52.4x2.6x
Sat, 02 Aug 2025₹10.7t₹4.2t₹215.8b40.8x49.7x2.6x
Mon, 30 Jun 2025₹10.7t₹4.1t₹201.8b43.9x53.1x2.6x
Wed, 28 May 2025₹10.2t₹4.1t₹198.7b39.5x51.2x2.5x
Fri, 25 Apr 2025₹10.4t₹4.0t₹203.1b33x51x2.6x
Sun, 23 Mar 2025₹9.5t₹4.0t₹202.2b31x46.8x2.4x
Tue, 18 Feb 2025₹9.5t₹4.0t₹202.2b32.1x46.8x2.4x
Thu, 16 Jan 2025₹9.2t₹3.9t₹203.2b36.4x45.2x2.3x
Sat, 14 Dec 2024₹10.4t₹3.9t₹203.2b39.9x50.9x2.6x
Mon, 11 Nov 2024₹9.7t₹3.9t₹218.7b35.5x44.2x2.5x
Wed, 09 Oct 2024₹10.1t₹3.9t₹239.4b30x42.2x2.6x
Fri, 06 Sep 2024₹10.3t₹3.9t₹239.3b33.8x42.9x2.6x
Sun, 04 Aug 2024₹10.4t₹3.9t₹246.2b32.9x42.1x2.7x
Tue, 02 Jul 2024₹10.7t₹3.9t₹248.6b33.9x42.9x2.7x
Thu, 30 May 2024₹9.4t₹3.9t₹243.6b30.2x38.5x2.4x
Sat, 27 Apr 2024₹9.3t₹3.8t₹233.4b33.7x39.7x2.4x
Mon, 25 Mar 2024₹8.8t₹3.8t₹234.4b31x37.7x2.3x
Wed, 21 Feb 2024₹9.2t₹3.8t₹234.5b33.4x39.1x2.4x
Fri, 19 Jan 2024₹8.8t₹3.8t₹216.9b37.5x40.5x2.3x
Sun, 17 Dec 2023₹9.0t₹3.8t₹216.9b38.7x41.5x2.4x
Tue, 14 Nov 2023₹7.9t₹3.7t₹215.0b30.8x36.6x2.1x
Thu, 12 Oct 2023₹7.9t₹3.7t₹185.2b30.4x42.6x2.1x
Sat, 09 Sep 2023₹7.8t₹3.7t₹184.1b33.9x42.5x2.1x
Mon, 07 Aug 2023₹7.6t₹3.6t₹192.7b34.5x39.4x2.1x
Wed, 05 Jul 2023₹7.5t₹3.6t₹185.8b28.2x40.3x2.1x
Fri, 02 Jun 2023₹7.3t₹3.6t₹185.8b28.2x39.1x2x
Sun, 30 Apr 2023₹7.0t₹3.5t₹199.4b25x34.9x2x
Tue, 28 Mar 2023₹6.7t₹3.4t₹210.3b20.9x32x2x
Thu, 23 Feb 2023₹6.6t₹3.4t₹210.0b23.8x31.6x1.9x
Sat, 21 Jan 2023₹7.2t₹3.3t₹213.6b25.3x33.5x2.1x
Mon, 19 Dec 2022₹7.3t₹3.3t₹213.8b25x34.3x2.2x
Wed, 16 Nov 2022₹7.2t₹3.3t₹214.9b25.1x33.5x2.2x
Price to Earnings Ratio

33.5x


Total Market Cap: ₹7.2tTotal Earnings: ₹214.9bTotal Revenue: ₹3.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Basic Materials Industry Price to Earnings3Y Average 41.9x202320242025
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 41.9x.
  • 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 6.3% per year over the last three years.
  • Revenues for these companies have grown 10% 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-0.97%
Materials-1.25%
Basic Materials-2.89%
Construction Materials-2.89%
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
500335 Birla₹1.21k3.3%
+₹2.9b		6.4%PE18.8x
GSLSU Global Surfaces₹131.1224.4%
+₹1.1b		-30.1%PS2.5x
REFRACTORY Refractory Shapes₹57.7016.0%
+₹173.3m		-54.9%PE20.1x
540652 Captain Technocast₹159.502.9%
+₹104.5m		-8.9%PE46x
518091 Anjani Portland Cement₹125.251.3%
+₹45.5m		-24.6%PS0.8x

Latest News

500335
₹1,214.90
Birla
7D
3.3%
1Y
6.4%
GSLSU
₹131.12
Global Surfaces
7D
24.4%
1Y
-30.1%
518091
₹125.25
Anjani Portland Cement
7D
1.3%
1Y
-24.6%
GRASIM
₹2,724.60
Grasim Industries
7D
-5.8%
1Y
7.1%

GRASIM: Board Will Approve Renewable Energy Acquisitions To Drive Expansion

Analysts have raised their price target for Grasim Industries from ₹3,250 to ₹3,296. They cited slight improvements in profit margin and forward P/E expectations, despite a marginally higher discount rate.
500425
₹558.75
Ambuja Cements
7D
-1.1%
1Y
-1.0%

500425: Improved Margins Will Drive Earnings Expansion Into Next Fiscal Year

Analysts have raised their price target for Ambuja Cements from ₹653.80 to ₹660.49, citing improved profit margin forecasts despite slightly lower revenue growth expectations. What's in the News A Board Meeting is scheduled for November 3, 2025 to consider and approve unaudited financial results for the quarter and half year ended September 30, 2025 (Key Developments).
NUVOCO
₹381.50
Nuvoco Vistas
7D
-8.0%
1Y
8.8%

NUVOCO: Upcoming Acquisitions And Board Actions Will Drive Positive Momentum

Analysts have slightly raised their price target for Nuvoco Vistas, increasing it from ₹448.76 to ₹449.06. This change reflects marginal improvements in projected revenue growth and adjusted financial assumptions.
532644
₹5,632.35
J.K. Cement
7D
-9.4%
1Y
38.0%

532644: Future Margins Will Benefit From New Plant Investment Approvals

Analysts have slightly reduced their price target for J.K. Cement, lowering it from ₹6,933 to ₹6,885. Updated forecasts reflect marginally lower revenue growth estimates but improved profit margins for the company.
DALBHARAT
₹2,037.50
Dalmia Bharat
7D
-2.8%
1Y
15.2%

Here's What's Concerning About Dalmia Bharat's (NSE:DALBHARAT) Returns On Capital

Nov 05
Here's What's Concerning About Dalmia Bharat's (NSE:DALBHARAT) Returns On Capital
SHREECEM
₹27,375.00
Shree Cement
7D
-3.3%
1Y
11.6%

SHREECEM: Upcoming Board Meeting And Dividend To Influence Future Performance

Analysts have adjusted their fair value estimate for Shree Cement slightly downwards, from ₹31,229 to ₹30,858. This revision is attributed to tempered growth projections and a marginally higher discount rate in their updated outlook.
540652
₹159.50
Captain Technocast
7D
2.9%
1Y
-8.9%
JSWCEMENT
₹127.67
JSW Cement
7D
-6.4%
1Y
n/a
REFRACTORY
₹57.70
Refractory Shapes
7D
16.0%
1Y
-54.9%
ULTRACEMCO
₹11,849.00
UltraTech Cement
7D
-0.8%
1Y
7.3%

UltraTech Cement (NSE:ULTRACEMCO) Has A Pretty Healthy Balance Sheet

Oct 28
UltraTech Cement (NSE:ULTRACEMCO) Has A Pretty Healthy Balance Sheet
500322
₹135.00
Panyam Cements and Mineral Industries
7D
3.8%
1Y
-1.0%
540072
₹11.29
Shiva Granito Export
7D
9.7%
1Y
-50.4%
509055
₹79.89
Visaka Industries
7D
0.1%
1Y
-20.3%