Analysis Article • Jul 28
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Indian (NIFTY) Forestry Products Industry Analysis
UpdatedAug 23, 2026
DataAggregated Company Financials
Companies14
- 7D0.5%
- 3M-0.3%
- 1Y-4.4%
- YTDn/a
Last week, the Forestry Products industry hasn't moved much but Greenply Industries is up 4.5% in that time. Unfortunately though, the industry is down 4.4% over the past 12 months. As for the next few years, earnings are expected to grow by 34% per annum.
Industry Valuation and Performance
Has the Indian Forestry Products Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 23 Aug 2026 | ₹237.3b | ₹123.3b | ₹4.2b | 37.1x | 56.1x | 1.9x |
| Tue, 21 Jul 2026 | ₹252.0b | ₹117.2b | ₹3.5b | 41.3x | 73x | 2.1x |
| Thu, 18 Jun 2026 | ₹241.7b | ₹117.2b | ₹3.5b | 41x | 70x | 2.1x |
| Sat, 16 May 2026 | ₹238.9b | ₹113.8b | ₹3.5b | 35.5x | 67.6x | 2.1x |
| Mon, 13 Apr 2026 | ₹228.1b | ₹112.3b | ₹3.4b | 35.8x | 67.9x | 2x |
| Wed, 11 Mar 2026 | ₹212.9b | ₹112.3b | ₹3.4b | 33.7x | 63.3x | 1.9x |
| Fri, 06 Feb 2026 | ₹242.3b | ₹112.1b | ₹3.3b | 39x | 73.9x | 2.2x |
| Sun, 04 Jan 2026 | ₹257.9b | ₹108.6b | ₹3.3b | 43.2x | 78.8x | 2.4x |
| Tue, 02 Dec 2025 | ₹257.9b | ₹109.7b | ₹3.4b | 42.1x | 75.4x | 2.4x |
| Thu, 30 Oct 2025 | ₹254.1b | ₹105.7b | ₹3.5b | 48.1x | 73.3x | 2.4x |
| Sat, 27 Sep 2025 | ₹262.8b | ₹105.7b | ₹3.5b | 52x | 75.8x | 2.5x |
| Mon, 25 Aug 2025 | ₹247.7b | ₹106.0b | ₹3.3b | 46.5x | 74.5x | 2.3x |
| Wed, 23 Jul 2025 | ₹254.6b | ₹104.1b | ₹3.7b | 48.4x | 68.9x | 2.4x |
| Fri, 20 Jun 2025 | ₹250.3b | ₹104.0b | ₹3.7b | 48.9x | 68x | 2.4x |
| Sun, 18 May 2025 | ₹243.8b | ₹102.5b | ₹4.0b | 40.3x | 60.3x | 2.4x |
| Tue, 15 Apr 2025 | ₹233.8b | ₹101.7b | ₹4.2b | 43.8x | 56.1x | 2.3x |
| Thu, 13 Mar 2025 | ₹236.2b | ₹101.7b | ₹4.2b | 45x | 56.7x | 2.3x |
| Sat, 08 Feb 2025 | ₹288.0b | ₹99.6b | ₹4.3b | 59.2x | 67x | 2.9x |
| Mon, 06 Jan 2025 | ₹293.0b | ₹99.1b | ₹4.6b | 63x | 64.2x | 3x |
| Wed, 04 Dec 2024 | ₹273.5b | ₹99.1b | ₹4.6b | 56.6x | 60x | 2.8x |
| Fri, 01 Nov 2024 | ₹292.1b | ₹96.7b | ₹5.5b | 60.6x | 53.3x | 3x |
| Sun, 29 Sep 2024 | ₹304.1b | ₹96.0b | ₹5.5b | 55.6x | 54.9x | 3.2x |
| Tue, 27 Aug 2024 | ₹288.0b | ₹96.0b | ₹5.5b | 59.5x | 52x | 3x |
| Thu, 25 Jul 2024 | ₹248.7b | ₹92.9b | ₹5.8b | 43x | 42.9x | 2.7x |
| Sat, 22 Jun 2024 | ₹245.8b | ₹90.7b | ₹5.7b | 44.3x | 42.8x | 2.7x |
| Mon, 20 May 2024 | ₹232.0b | ₹88.6b | ₹5.7b | 41.6x | 40.4x | 2.6x |
| Wed, 17 Apr 2024 | ₹227.2b | ₹89.1b | ₹6.2b | 39.3x | 36.8x | 2.6x |
| Fri, 15 Mar 2024 | ₹232.9b | ₹89.1b | ₹6.2b | 42.4x | 37.7x | 2.6x |
| Sun, 11 Feb 2024 | ₹250.3b | ₹88.8b | ₹6.1b | 45x | 40.8x | 2.8x |
| Tue, 09 Jan 2024 | ₹264.7b | ₹86.7b | ₹6.5b | 42.6x | 41x | 3.1x |
| Thu, 07 Dec 2023 | ₹228.2b | ₹86.7b | ₹6.5b | 37.8x | 35.3x | 2.6x |
| Sat, 04 Nov 2023 | ₹210.8b | ₹84.6b | ₹6.6b | 32.1x | 32.2x | 2.5x |
| Mon, 02 Oct 2023 | ₹220.5b | ₹85.1b | ₹6.9b | 31.6x | 32.1x | 2.6x |
| Wed, 30 Aug 2023 | ₹226.7b | ₹85.7b | ₹6.9b | 28.4x | 32.9x | 2.6x |
Price to Earnings Ratio
32.9x
Current Industry PE
- Investors are relatively neutral on the Indian Forest Products industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 56.8x.
- The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Forest Products industry have declined 15% 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 Comparison
How does Indian Forestry Products compare with similar industries?
| IN Market | -0.20% | |
| Materials | 0.48% | |
| Paper and Forestry Products | 1.28% | |
| Forestry Products | 0.46% | |
| Paper Products | 2.17% | |
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 | |
|---|---|---|---|---|---|
| GREENPLY Greenply Industries | ₹293.50 | 4.5% +₹1.6b | -4.7% | PE37.2x | |
| 532548 Century Plyboards (India) | ₹761.10 | 0.6% +₹999.8m | 3.4% | PE58.1x | |
| 523732 Ecoboard Industries | ₹63.49 | 14.1% +₹183.2m | 87.5% | PS4.4x | |
| ARCHIDPLY Archidply Industries | ₹97.98 | 5.0% +₹93.0m | -2.4% | PE14.9x | |
| MILTON Milton Industries | ₹40.50 | 4.9% +₹32.3m | n/a | PE38.3x |