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Indian (NIFTY) Basic Materials Industry Analysis

UpdatedDec 25, 2025
DataAggregated Company Financials
Companies67
  • 7D1.4%
  • 3M-4.9%
  • 1Y3.2%
  • YTD3.8%

Over the last 7 days, the Basic Materials industry has risen 1.4%, driven by gains from UltraTech Cement of 1.9%. This means that the industry has gained 3.2% over the past year. Earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Dec 2025₹10.4t₹4.4t₹261.8b30.6x39.5x2.3x
Sun, 23 Nov 2025₹10.3t₹4.4t₹261.6b30.5x39.3x2.3x
Tue, 21 Oct 2025₹10.9t₹4.3t₹224.6b34.2x48.3x2.5x
Thu, 18 Sep 2025₹11.2t₹4.3t₹212.6b34.5x52.7x2.6x
Sat, 16 Aug 2025₹11.0t₹4.3t₹225.7b32.9x48.6x2.6x
Mon, 14 Jul 2025₹10.8t₹4.1t₹201.8b44.6x53.5x2.6x
Wed, 11 Jun 2025₹10.2t₹4.1t₹202.0b41.9x50.7x2.5x
Fri, 09 May 2025₹10.0t₹4.0t₹199.4b35x49.9x2.5x
Sun, 06 Apr 2025₹9.9t₹4.0t₹202.2b31x48.8x2.5x
Tue, 04 Mar 2025₹8.9t₹4.0t₹202.2b30.3x44.1x2.3x
Thu, 30 Jan 2025₹9.7t₹3.9t₹202.5b33.8x47.6x2.5x
Sat, 28 Dec 2024₹9.8t₹3.9t₹203.2b37.2x48x2.5x
Mon, 25 Nov 2024₹9.6t₹3.9t₹203.1b37.8x47.2x2.4x
Wed, 23 Oct 2024₹9.6t₹3.9t₹233.0b32.3x41.3x2.5x
Fri, 20 Sep 2024₹10.2t₹3.9t₹239.4b31.7x42.5x2.6x
Sun, 18 Aug 2024₹10.0t₹3.9t₹239.3b29.4x41.6x2.5x
Tue, 16 Jul 2024₹10.5t₹3.9t₹248.6b33.7x42.4x2.7x
Thu, 13 Jun 2024₹9.9t₹3.9t₹248.5b30.7x39.8x2.5x
Sat, 11 May 2024₹9.0t₹3.8t₹251.3b30.3x35.9x2.3x
Mon, 08 Apr 2024₹9.1t₹3.8t₹234.5b31.6x38.8x2.4x
Wed, 06 Mar 2024₹9.1t₹3.8t₹234.5b31.8x38.7x2.4x
Fri, 02 Feb 2024₹9.2t₹3.8t₹236.8b36.9x38.8x2.4x
Sun, 31 Dec 2023₹9.1t₹3.8t₹216.9b36.5x42.1x2.4x
Tue, 28 Nov 2023₹7.9t₹3.8t₹216.9b32.4x36.3x2.1x
Thu, 26 Oct 2023₹7.6t₹3.7t₹191.9b32.8x39.5x2x
Sat, 23 Sep 2023₹7.6t₹3.7t₹185.2b30.3x41.3x2.1x
Mon, 21 Aug 2023₹7.5t₹3.7t₹184.0b31.6x40.5x2x
Wed, 19 Jul 2023₹7.3t₹3.6t₹186.0b31.3x39.5x2.1x
Fri, 16 Jun 2023₹7.6t₹3.6t₹185.8b31.5x41.1x2.1x
Sun, 14 May 2023₹7.1t₹3.5t₹211.1b24.8x33.8x2x
Tue, 11 Apr 2023₹7.0t₹3.4t₹210.3b23.6x33.2x2x
Thu, 09 Mar 2023₹6.8t₹3.4t₹210.0b24.6x32.3x2x
Sat, 04 Feb 2023₹6.7t₹3.4t₹205.4b23.3x32.6x2x
Mon, 02 Jan 2023₹7.1t₹3.3t₹213.8b23.7x33.3x2.1x
Price to Earnings Ratio

33.3x


Total Market Cap: ₹7.1tTotal Earnings: ₹213.8bTotal Revenue: ₹3.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Basic Materials Industry Price to Earnings3Y Average 42.1x20242025
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 42.1x.
  • 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 6.9% 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 Market1.60%
Materials2.49%
Basic Materials1.43%
Construction Materials1.43%
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
ULTRACEMCO UltraTech Cement₹11.76k2.6%
+₹89.1b		2.6%PE47.4x
500425 Ambuja Cements₹548.552.3%
+₹30.7b		-0.03%PE24x
532644 J.K. Cement₹5.69k4.5%
+₹18.9b		24.0%PE42.5x
SHREECEM Shree Cement₹26.15k1.9%
+₹18.0b		-0.8%PE54.9x
DALBHARAT Dalmia Bharat₹2.11k4.2%
+₹15.9b		21.3%PE35.2x

Latest News

GRASIM
₹2,826.90
Grasim Industries
7D
0.7%
1Y
13.9%
500338
₹142.90
Prism Johnson
7D
14.4%
1Y
-16.6%
500425
₹548.55
Ambuja Cements
7D
2.3%
1Y
-0.03%
SHREECEM
₹26,145.00
Shree Cement
7D
1.9%
1Y
-0.8%
532644
₹5,692.70
J.K. Cement
7D
4.5%
1Y
24.0%

532644: Borrowing Limit Expansion Is Expected To Support Future Upside

Analysts have reduced their price target for J.K. Cement from ₹8,500 to ₹7,534, citing slightly higher discount rates along with more conservative assumptions on revenue growth, profit margins and future valuation multiples. What's in the News J.K. Cement has scheduled a Special and Extraordinary Shareholders Meeting on December 10, 2025, to be conducted via postal ballot in India (company filing).
540652
₹148.00
Captain Technocast
7D
-9.2%
1Y
-39.3%
DALBHARAT
₹2,109.40
Dalmia Bharat
7D
4.2%
1Y
21.3%

We Think Dalmia Bharat (NSE:DALBHARAT) Can Stay On Top Of Its Debt

Dec 14
We Think Dalmia Bharat (NSE:DALBHARAT) Can Stay On Top Of Its Debt
ULTRACEMCO
₹11,764.00
UltraTech Cement
7D
2.6%
1Y
2.6%

Should You Be Adding UltraTech Cement (NSE:ULTRACEMCO) To Your Watchlist Today?

Dec 13
Should You Be Adding UltraTech Cement (NSE:ULTRACEMCO) To Your Watchlist Today?
540575
₹227.95
Star Cement
7D
5.6%
1Y
-0.8%

540575: Upcoming Fundraising Plans Will Support A Positive Long Term Outlook

Analysts have modestly trimmed their price target on Star Cement from ₹360 to about ₹357 per share, citing slightly lower forecasts for revenue growth and profit margins, alongside a marginally higher discount rate and a small reduction in expected future valuation multiples. What's in the News Board meeting scheduled for October 14, 2025, to evaluate multiple options for raising funds, including bonds, debentures, non convertible debt, equity shares, warrants, and other instruments, subject to regulatory and shareholder approvals (company filing) Extraordinary shareholders meeting via postal ballot on November 17, 2025, to seek approval for raising funds through issuance of securities (company filing) Board meeting on November 4, 2025, to consider and approve unaudited standalone and consolidated financial results for the second quarter and half year ended September 30, 2025, along with limited review reports (company filing) Valuation Changes Consensus Analyst Price Target, represented by fair value, has fallen slightly from ₹360.0 to about ₹356.5 per share.
RAMCOCEM
₹1,060.40
Ramco Cements
7D
-0.3%
1Y
8.6%

We Ran A Stock Scan For Earnings Growth And Ramco Cements (NSE:RAMCOCEM) Passed With Ease

Dec 09
We Ran A Stock Scan For Earnings Growth And Ramco Cements (NSE:RAMCOCEM) Passed With Ease
BIGBLOC
₹67.59
Bigbloc Construction
7D
-4.7%
1Y
-34.7%
ACC
₹1,739.40
ACC
7D
-0.9%
1Y
-16.7%

ACC Limited (NSE:ACC) Looks Inexpensive But Perhaps Not Attractive Enough

Nov 26
ACC Limited (NSE:ACC) Looks Inexpensive But Perhaps Not Attractive Enough
530977
₹177.75
Shri Keshav Cements and Infra
7D
-9.7%
1Y
-11.1%
532486
₹834.40
Pokarna
7D
-0.4%
1Y
-24.5%
BIRLANU
₹1,507.50
BirlaNu
7D
-1.2%
1Y
-39.7%
502090
₹208.40
Sagar Cements
7D
-0.8%
1Y
-4.2%