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Indian (NIFTY) Basic Materials Industry Analysis

UpdatedJul 30, 2026
DataAggregated Company Financials
Companies63
  • 7D-0.3%
  • 3M4.3%
  • 1Y-9.0%
  • YTD-3.6%

The Basic Materials industry has stayed flat over the last week. Unfortunately though, the industry is down 9.0% over the past 12 months. Earnings are forecast to grow by 6.7% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 30 Jul 2026₹10.1t₹4.8t₹263.5b31.9x38.3x2.1x
Sat, 27 Jun 2026₹9.9t₹4.7t₹267.1b30.4x36.9x2.1x
Mon, 25 May 2026₹9.9t₹4.7t₹271.7b25.4x36.5x2.1x
Wed, 22 Apr 2026₹10.0t₹4.6t₹251.5b25.5x39.7x2.2x
Fri, 20 Mar 2026₹9.1t₹4.6t₹251.8b23.2x36.1x2x
Sun, 15 Feb 2026₹10.6t₹4.6t₹247.5b27.1x42.9x2.3x
Tue, 13 Jan 2026₹10.4t₹4.4t₹261.9b29.1x39.8x2.3x
Thu, 11 Dec 2025₹10.0t₹4.4t₹261.8b29.5x38.2x2.3x
Sat, 08 Nov 2025₹10.4t₹4.4t₹257.0b33x40.6x2.4x
Mon, 06 Oct 2025₹10.8t₹4.3t₹212.6b33.7x50.6x2.5x
Wed, 03 Sep 2025₹11.1t₹4.3t₹226.0b33.9x49.2x2.6x
Fri, 01 Aug 2025₹10.8t₹4.1t₹214.3b40.7x50.3x2.6x
Sun, 29 Jun 2025₹10.7t₹4.1t₹201.8b43.9x53.1x2.6x
Tue, 27 May 2025₹10.3t₹4.1t₹198.7b38.2x51.8x2.5x
Thu, 24 Apr 2025₹10.2t₹4.0t₹201.9b33.1x50.6x2.6x
Sat, 22 Mar 2025₹9.5t₹4.0t₹202.2b31x46.8x2.4x
Mon, 17 Feb 2025₹9.4t₹4.0t₹202.2b32.6x46.4x2.4x
Wed, 15 Jan 2025₹9.1t₹3.9t₹203.2b36.5x45x2.3x
Fri, 13 Dec 2024₹10.2t₹3.9t₹203.2b39.7x50.3x2.6x
Sun, 10 Nov 2024₹9.7t₹3.9t₹218.7b35.5x44.2x2.5x
Tue, 08 Oct 2024₹10.0t₹3.9t₹239.4b29.9x41.6x2.5x
Thu, 05 Sep 2024₹10.3t₹3.9t₹239.3b31x42.9x2.6x
Sat, 03 Aug 2024₹10.4t₹3.9t₹246.2b32.9x42.1x2.7x
Mon, 01 Jul 2024₹10.4t₹3.9t₹248.6b32.3x42x2.7x
Wed, 29 May 2024₹9.5t₹3.9t₹243.6b32.8x38.9x2.4x
Fri, 26 Apr 2024₹9.3t₹3.8t₹233.4b34.5x39.8x2.4x
Sun, 24 Mar 2024₹8.8t₹3.8t₹234.4b31x37.7x2.3x
Tue, 20 Feb 2024₹9.1t₹3.8t₹234.5b33.8x39x2.4x
Thu, 18 Jan 2024₹8.8t₹3.8t₹216.9b37.1x40.5x2.3x
Sat, 16 Dec 2023₹9.0t₹3.8t₹216.9b38.7x41.5x2.4x
Mon, 13 Nov 2023₹7.9t₹3.7t₹214.9b31.8x36.7x2.1x
Wed, 11 Oct 2023₹7.7t₹3.7t₹185.2b30.9x41.7x2.1x
Fri, 08 Sep 2023₹7.8t₹3.7t₹184.1b33.8x42.5x2.1x
Sun, 06 Aug 2023₹7.6t₹3.6t₹192.6b34.5x39.4x2.1x
Price to Earnings Ratio

39.4x


Total Market Cap: ₹7.6tTotal Earnings: ₹192.6bTotal Revenue: ₹3.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Basic Materials Industry Price to Earnings3Y Average 42.8x202420252026
Current Industry PE
  • Investors are pessimistic on the Indian Basic Materials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 38.3x which is lower than its 3-year average PE of 42.8x.
  • The 3-year average PS ratio of 2.4x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Basic Materials industry have grown 11% per year over the last three years.
  • Revenues for these companies have grown 9.5% 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 Market0.62%
Materials0.78%
Basic Materials-0.32%
Construction Materials-0.32%
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₹12.00k0.9%
+₹30.8b		-2.2%PE41.3x
500425 Ambuja Cements₹435.051.0%
+₹10.7b		-29.6%PE24.4x
SHREECEM Shree Cement₹26.83k0.4%
+₹3.8b		-12.3%PE55.5x
RAMCOCEM Ramco Cements₹921.501.6%
+₹3.4b		-23.3%PE31.2x
ACC ACC₹1.37k0.9%
+₹2.2b		-24.3%PE13.5x

Latest News

MONOLITH
₹817.30
Monolithisch India
7D
8.2%
1Y
94.3%
ACC
₹1,370.80
ACC
7D
0.9%
1Y
-24.3%
500425
₹435.05
Ambuja Cements
7D
1.0%
1Y
-29.6%
502015
₹30.08
ASI Industries
7D
29.0%
1Y
-7.1%
532644
₹5,635.85
J.K. Cement
7D
-2.3%
1Y
-15.0%
RAMCOCEM
₹921.50
Ramco Cements
7D
1.6%
1Y
-23.3%
500335
₹889.00
Birla
7D
-10.4%
1Y
-35.6%
Narrative Update • Jul 27

500335: Upcoming Board Meeting And Dividend Outlook Will Support Bullish Repricing

Analysts have cut their price target on Birla from about ₹1,594 to around ₹1,426, reflecting updated assumptions for revenue growth, profit margin and future P/E levels in their models. What's in the News Birla has scheduled a board meeting on July 25, 2026 to consider and approve the standalone and consolidated unaudited financial results for the quarter ended June 30, 2026.
540652
₹250.00
Captain Technocast
7D
13.1%
1Y
-12.9%
DALBHARAT
₹1,823.00
Dalmia Bharat
7D
-2.2%
1Y
-18.6%
INDIACEM
₹398.20
India Cements
7D
-2.8%
1Y
7.2%
Narrative Update • Jul 24

INDIACEM: Higher Future P/E Assumptions Will Support Upcoming Results Review

Analysts have raised their price target on India Cements from ₹450 to ₹600, citing updated assumptions around the discount rate, revenue growth, profit margins, and a higher future P/E multiple in their models. What’s in the News for India Cements A board meeting of India Cements is scheduled for Saturday, 18 July 2026, to review and approve standalone and consolidated unaudited financial results for the quarter ending 30 June 2026.
ULTRACEMCO
₹11,998.00
UltraTech Cement
7D
0.9%
1Y
-2.2%
Analysis Article • Jul 24

Analysts Have Made A Financial Statement On UltraTech Cement Limited's (NSE:ULTRACEMCO) First-Quarter Report

UltraTech Cement Limited ( NSE:ULTRACEMCO ) just released its latest first-quarter results and things are looking...
500380
₹564.50
JK Lakshmi Cement
7D
-2.6%
1Y
-41.5%
NUVOCO
₹351.75
Nuvoco Vistas
7D
-2.2%
1Y
-17.2%
Narrative Update • Jul 22

NUVOCO: Fair Outlook Will Balance Margin Risks And Board-Level Audit Changes

Analysts have adjusted their view on Nuvoco Vistas, raising the price target from ₹320.00 to ₹345.00. They cited updated assumptions around the discount rate, revenue growth, profit margin and future P/E as the key drivers of this change.
GRASIM
₹3,113.00
Grasim Industries
7D
-1.7%
1Y
12.8%
SHREECEM
₹26,825.00
Shree Cement
7D
0.4%
1Y
-12.3%
Analysis Article • Jul 15

Investors Shouldn't Be Too Comfortable With Shree Cement's (NSE:SHREECEM) Earnings

Despite posting some strong earnings, the market for Shree Cement Limited's ( NSE:SHREECEM ) stock hasn't moved much...
JSWCEMENT
₹132.46
JSW Cement
7D
-3.5%
1Y
n/a