Analysts Have Made A Financial Statement On UltraTech Cement Limited's (NSE:ULTRACEMCO) First-Quarter Report
Jul 23
Indian (NIFTY) Basic Materials Industry Analysis
UpdatedJul 23, 2024
DataAggregated Company Financials
Companies65
- 7D-1.1%
- 3M13.3%
- 1Y39.0%
- YTD11.5%
Over the last 7 days, the Basic Materials industry has dropped 2.3%, driven by UltraTech Cement declining 2.7%. In contrast, India Cements has gained 14%. This takes the industry's 12 month performance to a gain of 38%. Looking forward, earnings are forecast to grow by 4.6% annually.
Industry Valuation and Performance
Has the Indian Basic Materials Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 23 Jul 2024 | ₹10.5t | ₹3.9t | ₹249.5b | 33.2x | 42.1x | 2.7x |
| Thu, 20 Jun 2024 | ₹10.0t | ₹3.9t | ₹248.5b | 33.1x | 40.3x | 2.6x |
| Sat, 18 May 2024 | ₹9.4t | ₹3.9t | ₹241.9b | 30.9x | 38.8x | 2.4x |
| Mon, 15 Apr 2024 | ₹9.0t | ₹3.8t | ₹234.5b | 30.2x | 38.3x | 2.3x |
| Wed, 13 Mar 2024 | ₹8.8t | ₹3.8t | ₹234.4b | 30x | 37.5x | 2.3x |
| Fri, 09 Feb 2024 | ₹9.1t | ₹3.8t | ₹242.3b | 35x | 37.4x | 2.4x |
| Sun, 07 Jan 2024 | ₹9.0t | ₹3.8t | ₹216.9b | 37.9x | 41.6x | 2.4x |
| Tue, 05 Dec 2023 | ₹8.5t | ₹3.8t | ₹216.9b | 34.2x | 39.3x | 2.3x |
| Thu, 02 Nov 2023 | ₹7.6t | ₹3.7t | ₹198.1b | 32.7x | 38.3x | 2x |
| Sat, 30 Sep 2023 | ₹7.7t | ₹3.7t | ₹185.2b | 30.7x | 41.8x | 2.1x |
| Mon, 28 Aug 2023 | ₹7.4t | ₹3.7t | ₹184.0b | 31.3x | 40.3x | 2x |
| Wed, 26 Jul 2023 | ₹7.5t | ₹3.6t | ₹186.4b | 33.5x | 40.1x | 2.1x |
| Fri, 23 Jun 2023 | ₹7.6t | ₹3.6t | ₹185.8b | 28.8x | 40.8x | 2.1x |
| Sun, 21 May 2023 | ₹7.1t | ₹3.5t | ₹209.7b | 25.5x | 33.7x | 2x |
| Tue, 18 Apr 2023 | ₹7.1t | ₹3.4t | ₹210.3b | 23.6x | 33.6x | 2x |
| Thu, 16 Mar 2023 | ₹6.5t | ₹3.4t | ₹210.0b | 23.9x | 31.2x | 1.9x |
| Sat, 11 Feb 2023 | ₹6.7t | ₹3.4t | ₹204.9b | 25.1x | 32.8x | 2x |
| Mon, 09 Jan 2023 | ₹7.1t | ₹3.3t | ₹213.8b | 23.9x | 33.4x | 2.1x |
| Wed, 07 Dec 2022 | ₹7.5t | ₹3.3t | ₹213.8b | 25.7x | 35.1x | 2.2x |
| Fri, 04 Nov 2022 | ₹7.0t | ₹3.3t | ₹234.2b | 21.8x | 30x | 2.2x |
| Sun, 02 Oct 2022 | ₹6.7t | ₹3.2t | ₹256.5b | 20.3x | 26.2x | 2.1x |
| Tue, 30 Aug 2022 | ₹6.5t | ₹3.2t | ₹256.5b | 19x | 25.3x | 2x |
| Thu, 28 Jul 2022 | ₹6.2t | ₹3.1t | ₹262.9b | 17.2x | 23.7x | 2x |
| Sat, 25 Jun 2022 | ₹5.5t | ₹3.0t | ₹270.6b | 15x | 20.3x | 1.8x |
| Mon, 23 May 2022 | ₹6.1t | ₹3.0t | ₹267.7b | 15.4x | 22.7x | 2x |
| Wed, 20 Apr 2022 | ₹6.6t | ₹3.0t | ₹270.3b | 15.4x | 24.3x | 2.2x |
| Fri, 18 Mar 2022 | ₹6.3t | ₹2.9t | ₹271.4b | 15.6x | 23.1x | 2.1x |
| Sun, 13 Feb 2022 | ₹7.0t | ₹2.9t | ₹273.5b | 16.2x | 25.5x | 2.4x |
| Tue, 11 Jan 2022 | ₹7.5t | ₹2.9t | ₹283.4b | 18.5x | 26.3x | 2.6x |
| Thu, 09 Dec 2021 | ₹7.2t | ₹2.9t | ₹283.4b | 15.9x | 25.2x | 2.5x |
| Sat, 06 Nov 2021 | ₹7.7t | ₹2.8t | ₹280.4b | 17.6x | 27.3x | 2.7x |
| Mon, 04 Oct 2021 | ₹7.4t | ₹2.8t | ₹274.9b | 17.1x | 26.8x | 2.7x |
| Wed, 01 Sep 2021 | ₹7.4t | ₹2.8t | ₹274.9b | 17.6x | 26.9x | 2.7x |
Price to Earnings Ratio
25.6x
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 41.3x which is higher than its 3-year average PE of 32.2x.
- The 3-year average PS ratio of 2.2x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
- The earnings for companies in the Basic Materials industry have declined 3.0% 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 | -1.51% | |
| Materials | -2.29% | |
| Basic Materials | -1.07% | |
| Construction Materials | -1.07% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| INDIACEM India Cements | ₹351.35 | 14.3% +₹13.6b | 69.0% | PS2.1x | |
| SHREECEM Shree Cement | ₹27.92k | 1.1% +₹10.9b | 20.2% | PE42x | |
| 532644 J.K. Cement | ₹4.48k | 3.3% +₹10.9b | 42.4% | PE40x | |
| 500425 Ambuja Cements | ₹686.60 | 0.4% +₹6.7b | 62.5% | PE47.3x | |
| ORIENTCEM Orient Cement | ₹334.55 | 9.3% +₹5.8b | 133.4% | PE39.2x |
