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Indian (NIFTY) Packaging Industry Analysis
UpdatedDec 07, 2025
DataAggregated Company Financials
Companies95
- 7D-4.3%
- 3M-14.4%
- 1Y-27.7%
- YTD-22.3%
Over the last 7 days, the Packaging industry has dropped 4.3%, driven by a pullback from Time Technoplast of 9.2%. On the other hand APT Packaging is actually up 14%. Overall the industry is down 28% in 12 months. Earnings are forecast to grow by 20% annually.
Industry Valuation and Performance
Has the Indian Packaging Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 07 Dec 2025 | ₹547.2b | ₹598.0b | ₹31.3b | 15.8x | 17.5x | 0.9x |
| Tue, 04 Nov 2025 | ₹594.6b | ₹586.0b | ₹30.1b | 19.1x | 19.7x | 1x |
| Thu, 02 Oct 2025 | ₹571.8b | ₹572.6b | ₹29.0b | 18.6x | 19.7x | 1x |
| Sat, 30 Aug 2025 | ₹565.3b | ₹571.6b | ₹29.1b | 19.1x | 19.4x | 1x |
| Mon, 28 Jul 2025 | ₹584.2b | ₹558.5b | ₹25.5b | 22x | 22.9x | 1x |
| Wed, 25 Jun 2025 | ₹572.7b | ₹553.9b | ₹25.2b | 24.1x | 22.8x | 1x |
| Fri, 23 May 2025 | ₹547.2b | ₹549.0b | ₹27.1b | 21.7x | 20.2x | 1x |
| Sun, 20 Apr 2025 | ₹502.6b | ₹539.9b | ₹21.0b | 21.8x | 23.9x | 0.9x |
| Tue, 18 Mar 2025 | ₹475.7b | ₹539.3b | ₹24.2b | 18.3x | 19.7x | 0.9x |
| Thu, 13 Feb 2025 | ₹530.5b | ₹532.5b | ₹21.8b | 23.4x | 24.3x | 1x |
| Sat, 11 Jan 2025 | ₹603.6b | ₹525.9b | ₹21.1b | 26.8x | 28.6x | 1.1x |
| Mon, 09 Dec 2024 | ₹693.5b | ₹525.8b | ₹21.1b | 29.3x | 32.9x | 1.3x |
| Wed, 06 Nov 2024 | ₹636.6b | ₹505.7b | ₹19.9b | 25.6x | 31.9x | 1.3x |
| Fri, 04 Oct 2024 | ₹645.6b | ₹499.8b | ₹19.6b | 25.9x | 32.9x | 1.3x |
| Sun, 01 Sep 2024 | ₹644.0b | ₹494.1b | ₹19.3b | 26.7x | 33.4x | 1.3x |
| Tue, 30 Jul 2024 | ₹584.1b | ₹484.1b | ₹15.7b | 28.4x | 37.2x | 1.2x |
| Thu, 27 Jun 2024 | ₹565.3b | ₹483.3b | ₹15.5b | 24.7x | 36.4x | 1.2x |
| Sat, 25 May 2024 | ₹494.6b | ₹476.4b | ₹18.0b | 22.2x | 27.5x | 1x |
| Mon, 22 Apr 2024 | ₹497.5b | ₹476.4b | ₹18.2b | 21x | 27.3x | 1x |
| Wed, 20 Mar 2024 | ₹460.0b | ₹476.4b | ₹18.2b | 20.7x | 25.2x | 1x |
| Fri, 16 Feb 2024 | ₹508.9b | ₹476.3b | ₹18.1b | 22.2x | 28.1x | 1.1x |
| Sun, 14 Jan 2024 | ₹523.1b | ₹475.5b | ₹14.0b | 22.8x | 37.3x | 1.1x |
| Tue, 12 Dec 2023 | ₹501.5b | ₹475.6b | ₹14.1b | 22.3x | 35.6x | 1.1x |
| Thu, 09 Nov 2023 | ₹488.9b | ₹480.4b | ₹15.5b | 24.7x | 31.6x | 1x |
| Sat, 07 Oct 2023 | ₹465.1b | ₹483.0b | ₹14.8b | 24.5x | 31.5x | 1x |
| Mon, 04 Sep 2023 | ₹455.9b | ₹482.8b | ₹14.8b | 23.1x | 30.8x | 0.9x |
| Wed, 02 Aug 2023 | ₹434.5b | ₹491.3b | ₹23.2b | 20x | 18.7x | 0.9x |
| Fri, 30 Jun 2023 | ₹411.4b | ₹492.0b | ₹23.2b | 19x | 17.7x | 0.8x |
| Sun, 28 May 2023 | ₹380.7b | ₹500.9b | ₹28.0b | 18.6x | 13.6x | 0.8x |
| Tue, 25 Apr 2023 | ₹339.8b | ₹495.8b | ₹26.7b | 17.1x | 12.7x | 0.7x |
| Thu, 23 Mar 2023 | ₹318.6b | ₹495.5b | ₹26.3b | 14.9x | 12.1x | 0.6x |
| Sat, 18 Feb 2023 | ₹338.0b | ₹495.4b | ₹26.4b | 16.2x | 12.8x | 0.7x |
| Mon, 16 Jan 2023 | ₹358.0b | ₹493.9b | ₹31.7b | 16.2x | 11.3x | 0.7x |
| Wed, 14 Dec 2022 | ₹359.4b | ₹491.0b | ₹31.7b | 15.2x | 11.4x | 0.7x |
Price to Earnings Ratio
11.4x
Current Industry PE
- Investors are pessimistic on the Indian Packaging 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 17.5x which is lower than its 3-year average PE of 24.7x.
- The industry is trading close to its 3-year average PS ratio of 0.99x.
Past Earnings Growth
- The earnings for companies in the Packaging industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 6.8% 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 Trends
Which industries have driven the changes within the Indian Materials industry?
| IN Market | -0.83% | |
| Materials | -0.49% | |
| Packaging | -4.33% | |
| Paper Packaging | -3.55% | |
| Metal and Glass Containers | -4.82% | |
Industry PE
- Investors are most optimistic about the Metal and Glass Containers industry even though it's trading below its 3-year average PE ratio of 25.0x.
- Analysts are expecting annual earnings growth of 19.8%, which is higher than its past year's earnings growth of 12.6% per year.
- Investors are most pessimistic about the Paper Packaging industry, which is trading below its 3-year average of 32.1x.
Forecasted Growth
- Analysts are most optimistic on the Paper Packaging industry, expecting annual earnings growth of 22% over the next 5 years.
- This is better than its past earnings growth rate of 8.9% per year.
- In contrast, the Metal and Glass Containers industry is expected to see its earnings grow by 20% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 506979 APT Packaging | ₹111.00 | 14.3% +₹163.7m | 161.2% | PE238x | |
| MEGAFLEX Mega Flex Plastics | ₹110.20 | 8.6% +₹105.5m | 94.2% | PE27.4x | |
| 544444 GLEN Industries | ₹80.58 | 4.6% +₹86.1m | n/a | PE10.7x | |
| MPEL Manas Polymers and Energies | ₹105.60 | 13.3% +₹60.4m | n/a | PE10.1x | |
| 526137 Shetron | ₹124.55 | 5.6% +₹59.4m | -26.0% | PE35.9x |
