Here's Why We Think UltraTech Cement (NSE:ULTRACEMCO) Is Well Worth Watching
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Indian (NIFTY) Construction Materials Industry Analysis
UpdatedMay 28, 2022
DataAggregated Company Financials
Companies63
- 7D-2.9%
- 3M-6.0%
- 1Y-8.8%
- YTD-19.1%
Over the last 7 days, the Construction Materials industry has dropped 2.9%, driven by declines in Grasim Industries and UltraTech Cement of 6.2% and 2.9%, respectively. The industry has fallen 8.8% in the last year. As for the next few years, earnings are expected to grow by 17% per annum.
Industry Valuation and Performance
Has the Indian Construction Materials Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sun, 29 May 2022 | ₹5.9t | ₹3.0t | ₹271.3b | 15.9x |
| Tue, 26 Apr 2022 | ₹6.7t | ₹3.0t | ₹268.6b | 15.6x |
| Thu, 24 Mar 2022 | ₹6.1t | ₹2.9t | ₹271.0b | 15.3x |
| Sat, 19 Feb 2022 | ₹6.7t | ₹2.9t | ₹275.8b | 15.8x |
| Mon, 17 Jan 2022 | ₹7.5t | ₹2.9t | ₹283.4b | 18.6x |
| Wed, 15 Dec 2021 | ₹7.2t | ₹2.9t | ₹283.4b | 17.1x |
| Fri, 12 Nov 2021 | ₹7.8t | ₹2.8t | ₹279.8b | 18.5x |
| Sun, 10 Oct 2021 | ₹7.2t | ₹2.8t | ₹274.9b | 17.3x |
| Tue, 07 Sep 2021 | ₹7.7t | ₹2.8t | ₹274.9b | 17.7x |
| Thu, 05 Aug 2021 | ₹7.2t | ₹2.7t | ₹273.1b | 18.4x |
| Sun, 09 May 2021 | ₹6.0t | ₹2.5t | ₹229.9b | 17x |
| Wed, 10 Feb 2021 | ₹4.9t | ₹2.3t | ₹212.8b | 13.3x |
| Tue, 03 Nov 2020 | ₹4.3t | ₹2.2t | ₹180.3b | 13.4x |
| Fri, 07 Aug 2020 | ₹3.9t | ₹2.2t | ₹166.7b | 17.7x |
| Thu, 30 Apr 2020 | ₹3.2t | ₹2.4t | ₹190.5b | 11.4x |
| Sun, 02 Feb 2020 | ₹4.2t | ₹2.4t | ₹175.2b | 13.1x |
| Wed, 06 Nov 2019 | ₹3.9t | ₹2.4t | ₹177.8b | 15.2x |
| Sat, 10 Aug 2019 | ₹3.9t | ₹2.4t | ₹137.0b | 18.9x |
Median PE Ratio
28.4x
Current Industry PE
- Investors are relatively neutral on the 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 16.1x.
Past Earnings Growth
- The earnings for companies in the Construction Materials industry have grown 32% per year over the last three years.
- Revenues for these companies have grown 8.1% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Construction Materials compare with similar industries?
| IN Market | -0.87% | |
| Materials | -4.80% | |
| Basic Materials | -2.87% | |
| Construction Materials | -2.87% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 500425 Ambuja Cements | ₹366.50 | 1.0% +₹7.2b | 12.6% | PS29.2x | |
| 509675 HIL | ₹3.57k | 3.1% +₹803.2m | -28.8% | PS12.7x | |
| 518017 Bheema Cements | ₹84.05 | 10.2% +₹254.4m | n/a | PB2.2x | |
| 530977 Shri Keshav Cements and Infra | ₹99.05 | 25.8% +₹243.5m | 177.1% | PS13.1x | |
| 540575 Star Cement | ₹90.55 | 0.3% +₹101.0m | -18.0% | PS14.8x |