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Indian (NIFTY) Construction Materials Industry Analysis

UpdatedNov 14, 2025
DataAggregated Company Financials
Companies67
  • 7D0.3%
  • 3M-8.4%
  • 1Y8.3%
  • YTDn/a

In the last week, Construction Materials has been flat. The past year has been better, since the industry has gained 8.0% in that time. Earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 18 Nov 2025₹10.5t₹4.5t₹261.7b31x40x2.3x
Thu, 16 Oct 2025₹10.8t₹4.3t₹212.6b33.3x51x2.5x
Sat, 13 Sep 2025₹10.9t₹4.3t₹212.6b34.2x51.4x2.5x
Mon, 11 Aug 2025₹10.7t₹4.2t₹226.7b33.2x47x2.5x
Wed, 09 Jul 2025₹10.8t₹4.1t₹201.8b45.3x53.6x2.6x
Fri, 06 Jun 2025₹10.0t₹4.1t₹202.0b39.6x49.4x2.4x
Sun, 04 May 2025₹10.0t₹4.0t₹199.4b35.5x50.2x2.5x
Tue, 01 Apr 2025₹9.9t₹4.0t₹202.2b29.9x48.8x2.5x
Thu, 27 Feb 2025₹9.2t₹4.0t₹202.2b31.9x45.3x2.3x
Sat, 25 Jan 2025₹9.6t₹3.9t₹198.5b36.7x48.6x2.5x
Mon, 23 Dec 2024₹9.8t₹3.9t₹203.2b37.2x48.2x2.5x
Wed, 20 Nov 2024₹9.4t₹3.9t₹203.1b37.5x46.4x2.4x
Fri, 18 Oct 2024₹9.8t₹3.9t₹239.4b32.6x41x2.5x
Sun, 15 Sep 2024₹10.4t₹3.9t₹239.4b32.8x43.4x2.7x
Tue, 13 Aug 2024₹9.9t₹3.9t₹239.5b34x41.4x2.5x
Thu, 11 Jul 2024₹10.5t₹3.9t₹248.6b33.8x42.3x2.7x
Sat, 08 Jun 2024₹9.6t₹3.9t₹248.5b28.9x38.5x2.5x
Mon, 06 May 2024₹9.4t₹3.8t₹251.5b31.4x37.4x2.4x
Wed, 03 Apr 2024₹9.3t₹3.8t₹234.4b31.5x39.6x2.4x
Fri, 01 Mar 2024₹9.1t₹3.8t₹234.5b32.1x38.7x2.4x
Sun, 28 Jan 2024₹9.0t₹3.8t₹232.1b37.9x38.9x2.4x
Tue, 26 Dec 2023₹8.8t₹3.8t₹216.9b35.9x40.6x2.3x
Thu, 23 Nov 2023₹8.0t₹3.8t₹216.9b32.9x36.7x2.1x
Sat, 21 Oct 2023₹7.8t₹3.7t₹191.3b33.8x40.9x2.1x
Mon, 18 Sep 2023₹8.0t₹3.7t₹185.2b31.5x43.3x2.2x
Wed, 16 Aug 2023₹7.4t₹3.7t₹185.7b32x39.9x2x
Fri, 14 Jul 2023₹7.4t₹3.6t₹185.8b29.3x39.6x2.1x
Sun, 11 Jun 2023₹7.5t₹3.6t₹185.8b33.9x40.2x2.1x
Tue, 09 May 2023₹7.1t₹3.5t₹208.7b25.1x34.2x2x
Thu, 06 Apr 2023₹6.9t₹3.4t₹210.3b23x32.8x2x
Sat, 04 Mar 2023₹6.8t₹3.4t₹210.0b24.8x32.2x2x
Mon, 30 Jan 2023₹6.4t₹3.4t₹206.3b23.6x31.1x1.9x
Wed, 28 Dec 2022₹7.2t₹3.3t₹214.1b24.3x33.7x2.2x
Fri, 25 Nov 2022₹7.1t₹3.3t₹214.3b24.7x33.2x2.1x
Price to Earnings Ratio

33.2x


Total Market Cap: ₹7.1tTotal Earnings: ₹214.3bTotal Revenue: ₹3.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Construction Materials Industry Price to Earnings3Y Average 41.9x202320242025
Current Industry PE
  • Investors are relatively neutral on the Indian Construction 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 Construction Materials industry have grown 6.9% 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 Comparison

How does Indian Construction Materials compare with similar industries?

IN Market1.26%
Materials0.48%
Basic Materials0.26%
Construction Materials0.26%
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
GRASIM Grasim Industries₹2.79k1.0%
+₹18.6b		10.9%PE44.1x
ULTRACEMCO UltraTech Cement₹11.78k0.4%
+₹14.7b		10.8%PE47.5x
500425 Ambuja Cements₹560.450.8%
+₹10.8b		1.8%PE24.5x
INDIACEM India Cements₹412.158.8%
+₹10.4b		15.5%PE396.4x
534076 RHI Magnesita India₹492.007.4%
+₹7.0b		-5.1%PE64.6x

Latest News

GRASIM
₹2,790.30
Grasim Industries
7D
1.0%
1Y
10.9%

Return Trends At Grasim Industries (NSE:GRASIM) Aren't Appealing

Nov 16
Return Trends At Grasim Industries (NSE:GRASIM) Aren't Appealing
SHREECEM
₹26,680.00
Shree Cement
7D
-1.5%
1Y
11.5%

SHREECEM: Interim Dividend Announcement Will Drive Positive Momentum Ahead

Analysts have slightly reduced their price target for Shree Cement, lowering it from ₹30,858 to ₹30,654. This change reflects more conservative expectations on growth and profit margins going forward.
KCP
₹185.00
KCP
7D
-8.3%
1Y
-18.9%
532486
₹901.25
Pokarna
7D
7.3%
1Y
-14.7%
MIDWESTLTD
₹1,273.60
Midwest
7D
15.9%
1Y
n/a
502137
₹883.65
Deccan Cements
7D
-10.7%
1Y
56.7%
534076
₹492.00
RHI Magnesita India
7D
7.4%
1Y
-5.1%
540575
₹235.50
Star Cement
7D
-3.5%
1Y
33.4%
JSWCEMENT
₹127.91
JSW Cement
7D
2.0%
1Y
n/a
RAMCOCEM
₹994.80
Ramco Cements
7D
-3.7%
1Y
11.3%

Earnings Miss: The Ramco Cements Limited Missed EPS By 24% And Analysts Are Revising Their Forecasts

Nov 08
Earnings Miss: The Ramco Cements Limited Missed EPS By 24% And Analysts Are Revising Their Forecasts
500425
₹560.45
Ambuja Cements
7D
0.8%
1Y
1.8%

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
₹367.30
Nuvoco Vistas
7D
-2.3%
1Y
9.9%

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.
DALBHARAT
₹2,014.60
Dalmia Bharat
7D
-2.0%
1Y
19.5%

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
ORIENTCEM
₹186.37
Orient Cement
7D
-6.3%
1Y
-44.2%

ORIENTCEM: Digitalization And Expansion Will Drive Market Potential In The Coming Years

Analysts have lowered their fair value estimate for Orient Cement from ₹280.5 to ₹257.5. This revision is due to more cautious projections for revenue growth, profit margins, and increased discount rates. What's in the News A board meeting is scheduled for November 1, 2025 to consider and approve unaudited financial results for the quarter and half year ending September 30, 2025 (Key Developments).
INDIACEM
₹412.15
India Cements
7D
8.8%
1Y
15.5%

India Cements' (NSE:INDIACEM) Solid Earnings May Rest On Weak Foundations

Oct 28
India Cements' (NSE:INDIACEM) Solid Earnings May Rest On Weak Foundations
ULTRACEMCO
₹11,778.00
UltraTech Cement
7D
0.4%
1Y
10.8%

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

Oct 28
UltraTech Cement (NSE:ULTRACEMCO) Has A Pretty Healthy Balance Sheet