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Indian (NIFTY) Packaging Industry Analysis

UpdatedApr 19, 2024
DataAggregated Company Financials
Companies79
  • 7D-3.0%
  • 3M-3.2%
  • 1Y41.8%
  • YTD-3.9%

Over the last 7 days, the Packaging industry has dropped 3.0%, driven by declines in Time Technoplast and EPL of 6.3% and 5.5%, respectively. In contrast, TPL Plastech has gained 9.8%. This takes the industry's 12 month performance to a gain of 42%. Looking forward, earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

Has the Indian Packaging Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 19 Apr 2024₹496.4b₹476.4b₹18.2b20.8x27.2x1x
Sun, 17 Mar 2024₹466.7b₹476.4b₹18.2b20.7x25.6x1x
Tue, 13 Feb 2024₹490.7b₹476.4b₹17.9b22.1x27.5x1x
Thu, 11 Jan 2024₹518.7b₹475.6b₹14.1b23.5x36.8x1.1x
Sat, 09 Dec 2023₹500.3b₹475.6b₹14.1b22.2x35.5x1.1x
Mon, 06 Nov 2023₹485.2b₹480.6b₹15.5b24.9x31.2x1x
Wed, 04 Oct 2023₹456.4b₹483.0b₹14.8b24.2x30.9x0.9x
Fri, 01 Sep 2023₹457.5b₹482.8b₹14.8b23.2x30.9x0.9x
Sun, 30 Jul 2023₹427.8b₹490.5b₹23.2b19.9x18.5x0.9x
Tue, 27 Jun 2023₹402.4b₹492.0b₹23.2b19.1x17.3x0.8x
Thu, 25 May 2023₹380.3b₹500.0b₹27.9b19x13.7x0.8x
Sat, 22 Apr 2023₹338.6b₹495.8b₹26.7b17.1x12.7x0.7x
Mon, 20 Mar 2023₹312.7b₹495.5b₹26.3b14.8x11.9x0.6x
Wed, 15 Feb 2023₹337.6b₹493.2b₹30.9b16.3x10.9x0.7x
Fri, 13 Jan 2023₹356.8b₹493.9b₹31.7b16x11.2x0.7x
Sun, 11 Dec 2022₹356.6b₹491.0b₹31.7b15.5x11.3x0.7x
Tue, 08 Nov 2022₹368.7b₹474.5b₹30.8b16.1x12x0.8x
Thu, 06 Oct 2022₹382.9b₹472.1b₹30.7b15.7x12.5x0.8x
Sat, 03 Sep 2022₹386.4b₹482.3b₹30.1b14x12.8x0.8x
Mon, 01 Aug 2022₹353.5b₹459.1b₹29.1b12.9x12.1x0.8x
Wed, 29 Jun 2022₹332.1b₹449.9b₹28.2b15.1x11.8x0.7x
Fri, 27 May 2022₹324.7b₹402.2b₹27.4b12.6x11.8x0.8x
Sun, 24 Apr 2022₹356.5b₹409.8b₹26.0b15.9x13.7x0.9x
Tue, 22 Mar 2022₹325.8b₹409.6b₹25.6b13.5x12.7x0.8x
Thu, 17 Feb 2022₹331.6b₹407.6b₹26.9b13.5x12.3x0.8x
Sat, 15 Jan 2022₹363.8b₹380.7b₹25.1b16x14.5x1x
Mon, 13 Dec 2021₹337.1b₹380.7b₹25.1b12.9x13.4x0.9x
Wed, 10 Nov 2021₹333.6b₹370.1b₹24.6b13x13.6x0.9x
Fri, 08 Oct 2021₹351.2b₹357.0b₹25.3b15.3x13.9x1x
Sun, 05 Sep 2021₹325.0b₹358.2b₹25.2b12.3x12.9x0.9x
Tue, 03 Aug 2021₹341.8b₹358.2b₹25.2b13.2x13.6x1x
Fri, 07 May 2021₹260.9b₹327.6b₹21.2b15.1x12.3x0.8x
Price to Earnings Ratio

12.3x


Total Market Cap: ₹260.9bTotal Earnings: ₹21.2bTotal Revenue: ₹327.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Packaging Industry Price to Earnings3Y Average 17.3x202220232024
Current Industry PE
  • Investors are optimistic on the Indian Packaging industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 27.2x which is higher than its 3-year average PE of 17.3x.
  • The 3-year average PS ratio of 0.86x is lower than the industry's current PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Packaging industry have declined 4.8% 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-2.46%
Materials-2.11%
Packaging-3.01%
Paper Packaging-2.07%
Metal and Glass Containers-3.41%
Industry PE
  • Investors are most optimistic about the Paper Packaging industry which is trading above its 3-year average PE ratio of 18.8x.
    • Analysts are expecting annual earnings decline of 26.3%, which is worse than the prior year's decline of 6.6%.
  • Investors are most pessimistic about the Metal and Glass Containers industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 21.7x.
Forecasted Growth
  • Analysts are most optimistic on the Metal and Glass Containers industry, expecting annual earnings growth of 24% over the next 5 years.
  • This is better than its past earnings growth rate of 12% per year.
  • In contrast, the Paper Packaging industry is expected to see its earnings decline by 26% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
526582 TPL Plastech₹89.2121.2%
+₹1.2b
157.5%PE39.6x
500187 AGI Greenpac₹830.452.1%
+₹1.1b
115.2%PE21.5x
515147 Haldyn Glass₹163.308.0%
+₹650.4m
119.0%PE36x
COSMOFIRST Cosmo First₹562.652.5%
+₹354.4m
-9.7%PE18.8x
526435 Perfectpac₹138.4637.3%
+₹250.7m
118.1%PE21.1x
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Latest News

526435

₹138.46

Perfectpac

7D

37.3%

1Y

118.1%

509820

₹329.30

Huhtamaki India

7D

-1.1%

1Y

49.9%

526582

₹89.21

TPL Plastech

7D

21.2%

1Y

157.5%

533080

₹854.45

Mold-Tek Packaging

7D

0.5%

1Y

-6.1%

523385

₹1,846.30

Nilkamal

7D

-7.9%

1Y

-3.2%

509525

₹1,067.50

Empire Industries

7D

1.9%

1Y

49.4%

523301

₹2,104.15

TCPL Packaging

7D

-3.2%

1Y

40.6%

COSMOFIRST

₹562.65

Cosmo First

7D

2.5%

1Y

-9.7%

515147

₹163.30

Haldyn Glass

7D

8.0%

1Y

119.0%

502448

₹2.36

Rollatainers

7D

20.4%

1Y

118.5%

500148

₹433.30

Uflex

7D

-2.8%

1Y

9.0%

JAICORPLTD

₹294.55

Jai

7D

-2.5%

1Y

103.1%

500135

₹177.40

EPL

7D

-4.7%

1Y

9.5%