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Indian (NIFTY) Basic Materials Industry Analysis

UpdatedJul 21, 2024
DataAggregated Company Financials
Companies65
  • 7D-2.3%
  • 3M13.8%
  • 1Y37.6%
  • YTD9.5%

Over the last 7 days, the Basic Materials industry has dropped 2.3%, driven by UltraTech Cement declining 3.0%. In contrast, India Cements has gained 17%. This takes the industry's 12 month performance to a gain of 38%. As for the next few years, earnings are expected to grow by 4.2% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 21 Jul 2024₹10.3t₹3.9t₹249.4b33.1x41.3x2.6x
Tue, 18 Jun 2024₹10.2t₹3.9t₹248.5b30.9x40.9x2.6x
Thu, 16 May 2024₹9.2t₹3.9t₹254.1b32.8x36.2x2.4x
Sat, 13 Apr 2024₹9.0t₹3.8t₹234.5b30.2x38.3x2.3x
Mon, 11 Mar 2024₹8.9t₹3.8t₹234.4b31.6x38.1x2.3x
Wed, 07 Feb 2024₹9.1t₹3.8t₹240.3b36.1x38x2.4x
Fri, 05 Jan 2024₹9.1t₹3.8t₹216.9b38x41.8x2.4x
Sun, 03 Dec 2023₹8.3t₹3.8t₹216.9b33.7x38.1x2.2x
Tue, 31 Oct 2023₹7.7t₹3.7t₹196.8b30.6x39x2.1x
Thu, 28 Sep 2023₹7.8t₹3.7t₹185.2b30.1x42x2.1x
Sat, 26 Aug 2023₹7.4t₹3.7t₹184.0b31.3x40.3x2x
Mon, 24 Jul 2023₹7.3t₹3.6t₹186.4b34.1x39x2x
Wed, 21 Jun 2023₹7.6t₹3.6t₹185.8b32.5x40.8x2.1x
Fri, 19 May 2023₹7.0t₹3.5t₹209.5b24.6x33.4x2x
Sun, 16 Apr 2023₹7.0t₹3.4t₹210.3b23.2x33.3x2x
Tue, 14 Mar 2023₹6.6t₹3.4t₹210.0b23.9x31.3x1.9x
Thu, 09 Feb 2023₹6.7t₹3.4t₹205.7b25.5x32.5x2x
Sat, 07 Jan 2023₹7.1t₹3.3t₹213.8b23.9x33.4x2.1x
Mon, 05 Dec 2022₹7.5t₹3.3t₹213.8b25.7x35.1x2.2x
Wed, 02 Nov 2022₹7.0t₹3.3t₹234.3b22x30.1x2.2x
Fri, 30 Sep 2022₹6.6t₹3.2t₹256.5b20.1x25.8x2.1x
Sun, 28 Aug 2022₹6.5t₹3.2t₹256.5b19.2x25.4x2x
Tue, 26 Jul 2022₹6.1t₹3.1t₹262.9b16.9x23.3x2x
Thu, 23 Jun 2022₹5.4t₹3.0t₹270.6b14.5x20x1.8x
Sat, 21 May 2022₹6.1t₹3.0t₹267.8b15.4x22.7x2x
Mon, 18 Apr 2022₹6.8t₹3.0t₹270.3b16.2x25.1x2.3x
Wed, 16 Mar 2022₹6.0t₹2.9t₹271.4b15.5x22.1x2.1x
Fri, 11 Feb 2022₹7.1t₹2.9t₹273.8b15.6x26x2.5x
Sun, 09 Jan 2022₹7.4t₹2.9t₹283.4b19x26.1x2.6x
Tue, 07 Dec 2021₹7.0t₹2.9t₹283.4b15.3x24.5x2.4x
Thu, 04 Nov 2021₹7.6t₹2.8t₹280.4b17.5x27.2x2.7x
Sat, 02 Oct 2021₹7.4t₹2.8t₹274.9b17.1x26.8x2.7x
Mon, 30 Aug 2021₹7.3t₹2.8t₹274.9b17.4x26.5x2.6x
Price to Earnings Ratio

26.1x


Total Market Cap: ₹7.1tTotal Earnings: ₹273.1bTotal Revenue: ₹2.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Basic Materials Industry Price to Earnings3Y Average 32.1x202220232024
Current Industry PE
  • Investors are optimistic on the Indian Basic Materials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 41.8x which is higher than its 3-year average PE of 32.1x.
  • The 3-year average PS ratio of 2.2x is lower than the industry's current PS ratio of 2.7x.
Past Earnings Growth
  • The earnings for companies in the Basic Materials industry have declined 3.1% per year over the last three years.
  • Meanwhile revenues for these companies have grown 13% 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, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Indian Materials industry?

IN Market-1.34%
Materials-3.26%
Basic Materials-2.27%
Construction Materials-2.27%
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
INDIACEM India Cements₹347.0516.5%
+₹15.2b		67.3%PS2.1x
500425 Ambuja Cements₹677.700.2%
+₹3.4b		62.8%PE46.7x
ORIENTCEM Orient Cement₹325.555.3%
+₹3.3b		128.1%PE38.1x
534076 RHI Magnesita India₹585.800.6%
+₹681.5m		-4.2%PS3.2x
HIL HIL₹2.95k1.2%
+₹253.8m		1.3%PE64x
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Latest News

DALBHARAT

₹1,818.70

Dalmia Bharat

7D

-5.9%

1Y

-5.3%

SHREECEM

₹27,284.15

Shree Cement

7D

-1.4%

1Y

18.2%

Additional Considerations Required While Assessing Shree Cement's (NSE:SHREECEM) Strong Earnings

Jul 20
Additional Considerations Required While Assessing Shree Cement's (NSE:SHREECEM) Strong Earnings

500338

₹156.10

Prism Johnson

7D

-8.5%

1Y

27.9%

GRASIM

₹2,743.00

Grasim Industries

7D

-3.5%

1Y

52.0%

Grasim Industries (NSE:GRASIM) Is Due To Pay A Dividend Of ₹10.00

Jul 18
Grasim Industries (NSE:GRASIM) Is Due To Pay A Dividend Of ₹10.00

ORIENTCEM

₹325.55

Orient Cement

7D

5.3%

1Y

128.1%

Orient Cement (NSE:ORIENTCEM) Will Pay A Larger Dividend Than Last Year At ₹1.50

Jul 17
Orient Cement (NSE:ORIENTCEM) Will Pay A Larger Dividend Than Last Year At ₹1.50

ACC

₹2,619.80

ACC

7D

-2.5%

1Y

48.3%

HIL

₹2,953.70

HIL

7D

1.2%

1Y

1.3%

500335

₹1,506.60

Birla

7D

-6.0%

1Y

25.8%

502157

₹892.45

Mangalam Cement

7D

0.8%

1Y

211.4%

INDIACEM

₹347.05

India Cements

7D

16.5%

1Y

67.3%

NUVOCO

₹336.60

Nuvoco Vistas

7D

-5.7%

1Y

-4.4%

ULTRACEMCO

₹11,258.30

UltraTech Cement

7D

-3.0%

1Y

38.7%

500425

₹677.70

Ambuja Cements

7D

0.2%

1Y

62.8%

540575

₹205.45

Star Cement

7D

0.2%

1Y

43.7%

531494

₹13.25

Navkar Urbanstructure

7D

3.8%

1Y

97.8%

534076

₹585.80

RHI Magnesita India

7D

0.6%

1Y

-4.2%