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Indian (NIFTY) Construction Materials Industry Analysis

UpdatedApr 22, 2024
DataAggregated Company Financials
Companies65
  • 7D-1.6%
  • 3M-1.4%
  • 1Y30.4%
  • YTDn/a

Over the last 7 days, the Construction Materials industry has dropped 1.6%, driven by Shree Cement declining 3.6%. Over the past 12 months, the industry was up 30%. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 23 Apr 2024₹9.1t₹3.8t₹234.5b33.1x38.9x2.4x
Thu, 21 Mar 2024₹8.6t₹3.8t₹234.4b29.6x36.9x2.2x
Sat, 17 Feb 2024₹9.1t₹3.8t₹234.4b34.1x38.8x2.4x
Mon, 15 Jan 2024₹8.9t₹3.8t₹216.9b38.6x41.1x2.4x
Wed, 13 Dec 2023₹8.9t₹3.8t₹216.9b36.4x40.8x2.3x
Fri, 10 Nov 2023₹7.8t₹3.7t₹213.5b32.7x36.8x2.1x
Sun, 08 Oct 2023₹7.7t₹3.7t₹185.2b30.8x41.7x2.1x
Tue, 05 Sep 2023₹7.8t₹3.7t₹184.0b33.6x42.6x2.1x
Thu, 03 Aug 2023₹7.6t₹3.6t₹191.0b32.7x39.6x2.1x
Sat, 01 Jul 2023₹7.4t₹3.6t₹185.8b28.2x39.9x2.1x
Mon, 29 May 2023₹7.1t₹3.6t₹195.4b23.9x36.5x2x
Wed, 26 Apr 2023₹6.8t₹3.5t₹208.7b24.5x32.7x2x
Fri, 24 Mar 2023₹6.7t₹3.4t₹210.3b23.3x32x1.9x
Sun, 19 Feb 2023₹6.8t₹3.4t₹210.0b24.5x32.2x2x
Tue, 17 Jan 2023₹7.2t₹3.3t₹213.8b23.7x33.7x2.2x
Thu, 15 Dec 2022₹7.5t₹3.3t₹213.8b25.6x35.3x2.3x
Sat, 12 Nov 2022₹7.0t₹3.2t₹220.4b20.9x31.8x2.2x
Mon, 10 Oct 2022₹6.7t₹3.2t₹256.5b20.4x26.2x2.1x
Wed, 07 Sep 2022₹6.6t₹3.2t₹256.5b18.7x25.8x2x
Fri, 05 Aug 2022₹6.3t₹3.1t₹257.6b17.8x24.5x2x
Sun, 03 Jul 2022₹5.6t₹3.0t₹270.2b15.6x20.9x1.9x
Tue, 31 May 2022₹6.0t₹3.0t₹271.2b16.3x22.3x2x
Thu, 28 Apr 2022₹6.7t₹3.0t₹268.6b15.4x24.8x2.3x
Sat, 26 Mar 2022₹6.1t₹2.9t₹271.0b15.4x22.5x2.1x
Mon, 21 Feb 2022₹6.7t₹2.9t₹271.4b15.8x24.7x2.3x
Wed, 19 Jan 2022₹7.4t₹2.9t₹284.7b18.4x26x2.6x
Fri, 17 Dec 2021₹7.2t₹2.9t₹283.4b17.5x25.3x2.5x
Sun, 14 Nov 2021₹7.8t₹2.9t₹284.4b18.4x27.5x2.7x
Tue, 12 Oct 2021₹7.3t₹2.8t₹274.9b17.3x26.5x2.6x
Thu, 09 Sep 2021₹7.7t₹2.8t₹274.9b17.5x28x2.8x
Sat, 07 Aug 2021₹7.1t₹2.7t₹273.1b18.3x26.1x2.7x
Fri, 30 Apr 2021₹6.0t₹2.5t₹229.9b17x26.2x2.4x
Price to Earnings Ratio

26.2x


Total Market Cap: ₹6.0tTotal Earnings: ₹229.9bTotal Revenue: ₹2.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Construction Materials Industry Price to Earnings3Y Average 31x202220232024
Current Industry PE
  • Investors are optimistic on the Indian Construction Materials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 38.9x which is higher than its 3-year average PE of 31.0x.
  • The industry is trading close to its 3-year average PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Construction Materials industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 16% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Comparison

How does Indian Construction Materials compare with similar industries?

IN Market-1.57%
Materials-1.33%
Basic Materials-1.61%
Construction Materials-1.61%
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
500425 Ambuja Cements₹616.351.6%
+₹184.6b
61.5%PE47.9x
GRASIM Grasim Industries₹2.28k1.9%
+₹29.3b
35.0%PE27.5x
ULTRACEMCO UltraTech Cement₹9.57k0.6%
+₹17.0b
28.6%PE43x
NUVOCO Nuvoco Vistas₹333.058.8%
+₹9.6b
0.8%PE47.9x
534076 RHI Magnesita India₹658.605.2%
+₹6.7b
1.4%PS3.7x
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Latest News

ACC

₹2,403.55

ACC

7D

-1.6%

1Y

38.6%

532644

₹4,073.20

J.K. Cement

7D

-3.7%

1Y

40.9%

500425

₹616.35

Ambuja Cements

7D

1.6%

1Y

61.5%

HIL

₹2,680.35

HIL

7D

-4.2%

1Y

-0.3%

NUVOCO

₹333.05

Nuvoco Vistas

7D

8.8%

1Y

0.8%

500335

₹1,451.20

Birla

7D

-2.6%

1Y

59.1%

502090

₹227.95

Sagar Cements

7D

7.0%

1Y

19.3%

SHREECEM

₹24,396.40

Shree Cement

7D

-3.6%

1Y

2.2%

540575

₹231.05

Star Cement

7D

3.6%

1Y

108.2%

534076

₹658.60

RHI Magnesita India

7D

5.2%

1Y

1.4%

500380

₹798.05

JK Lakshmi Cement

7D

-1.3%

1Y

3.8%

500338

₹165.20

Prism Johnson

7D

-3.9%

1Y

33.8%