Indian (NIFTY) Forestry Products Industry Analysis

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
Wed, 08 Jul 2026	₹247.7b	₹117.2b	₹3.5b	44.7x	71.8x	2.1x
Fri, 05 Jun 2026	₹239.2b	₹117.3b	₹3.5b	38.4x	69.3x	2x
Sun, 03 May 2026	₹250.9b	₹113.8b	₹3.5b	37.3x	71.6x	2.2x
Tue, 31 Mar 2026	₹210.3b	₹112.3b	₹3.4b	29.9x	62.6x	1.9x
Thu, 26 Feb 2026	₹233.0b	₹112.3b	₹3.4b	37x	69.3x	2.1x
Sat, 24 Jan 2026	₹230.1b	₹108.6b	₹3.3b	53.5x	70.3x	2.1x
Mon, 22 Dec 2025	₹254.1b	₹108.6b	₹3.3b	43.3x	77.7x	2.3x
Wed, 19 Nov 2025	₹254.5b	₹109.6b	₹3.6b	43.8x	70.2x	2.3x
Fri, 17 Oct 2025	₹256.4b	₹105.7b	₹3.5b	49.7x	73.9x	2.4x
Sun, 14 Sep 2025	₹271.6b	₹105.7b	₹3.5b	48x	78.3x	2.6x
Tue, 12 Aug 2025	₹248.9b	₹105.9b	₹3.3b	47.5x	74.9x	2.4x
Thu, 10 Jul 2025	₹252.0b	₹103.9b	₹3.7b	48.1x	68.4x	2.4x
Sat, 07 Jun 2025	₹260.6b	₹104.3b	₹3.8b	46.9x	69.3x	2.5x
Mon, 05 May 2025	₹229.8b	₹102.2b	₹4.0b	42.1x	57.4x	2.2x
Wed, 02 Apr 2025	₹234.7b	₹101.7b	₹4.2b	40.5x	56.3x	2.3x
Fri, 28 Feb 2025	₹249.5b	₹101.7b	₹4.2b	45.8x	59.9x	2.5x
Sun, 26 Jan 2025	₹267.3b	₹99.1b	₹4.6b	58.6x	58.6x	2.7x
Tue, 24 Dec 2024	₹268.9b	₹99.1b	₹4.6b	63.4x	59x	2.7x
Thu, 21 Nov 2024	₹258.7b	₹98.2b	₹4.4b	54.1x	58.5x	2.6x
Sat, 19 Oct 2024	₹310.2b	₹96.0b	₹5.5b	55.2x	56x	3.2x
Mon, 16 Sep 2024	₹291.3b	₹96.0b	₹5.5b	57.5x	52.6x	3x
Wed, 14 Aug 2024	₹266.4b	₹95.8b	₹5.6b	49.8x	47.8x	2.8x
Fri, 12 Jul 2024	₹251.9b	₹92.7b	₹5.8b	47.4x	43.6x	2.7x
Sun, 09 Jun 2024	₹237.5b	₹90.7b	₹5.7b	41.5x	41.4x	2.6x
Tue, 07 May 2024	₹224.8b	₹88.6b	₹5.8b	39.8x	38.9x	2.5x
Thu, 04 Apr 2024	₹229.3b	₹89.1b	₹6.2b	39.6x	37.2x	2.6x
Sat, 02 Mar 2024	₹250.6b	₹89.1b	₹6.2b	43.6x	40.6x	2.8x
Mon, 29 Jan 2024	₹265.5b	₹86.7b	₹6.5b	42.6x	41.1x	3.1x
Wed, 27 Dec 2023	₹264.0b	₹86.7b	₹6.5b	37.9x	40.9x	3x
Fri, 24 Nov 2023	₹219.2b	₹86.7b	₹6.5b	36.7x	33.9x	2.5x
Sun, 22 Oct 2023	₹217.5b	₹85.1b	₹6.9b	32.8x	31.7x	2.6x
Tue, 19 Sep 2023	₹222.5b	₹85.7b	₹6.9b	28x	32.3x	2.6x
Thu, 17 Aug 2023	₹205.6b	₹85.7b	₹6.9b	27.8x	29.8x	2.4x
Sat, 15 Jul 2023	₹220.4b	₹86.4b	₹7.6b	29.2x	28.9x	2.6x

Current Industry PE

Investors are optimistic on the Indian Forest Products industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 71.8x which is higher than its 3-year average PE of 55.3x.

The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 2.1x.

Past Earnings Growth

The earnings for companies in the Forest Products industry have declined 23% per year over the last three years.
Meanwhile revenues for these companies have grown 11% 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	1.24%
Materials	1.01%
Paper and Forestry Products	2.02%
Forestry Products	3.67%
Paper Products	0.11%

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
532548 Century Plyboards (India)	₹771.40	3.7% +₹6.1b	4.5%	PE65.2x
GREENPLY Greenply Industries	₹313.95	2.0% +₹780.5m	2.1%	PE43.8x
SYLVANPLY Sylvan Plyboard (India)	₹59.95	3.8% +₹42.6m	-31.9%	PE16.2x
540954 Indian Wood Products	₹33.19	0.2% +₹3.2m	-18.1%	PE46.5x

Company

Last Price

Valuation

532548 Century Plyboards (India)

₹771.40

3.7%
+₹6.1b

4.5%

PE65.2x

GREENPLY Greenply Industries

₹313.95

2.0%
+₹780.5m

2.1%

PE43.8x

SYLVANPLY Sylvan Plyboard (India)

₹59.95

3.8%
+₹42.6m

-31.9%

PE16.2x

540954 Indian Wood Products

₹33.19

0.2%
+₹3.2m

-18.1%

PE46.5x

New minor risk - Revenue size

The company makes less than US$5m in revenue. Total revenue: ₹478m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹398.4m market cap, or US$4.16m). Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.004% net profit margin). Revenue is less than US$5m (₹478m revenue, or US$5.0m).

Indian (NIFTY) Forestry Products Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

Investor sentiment improves as stock rises 16%

New minor risk - Share price stability

532548: Upcoming Board And Dividend Decisions Will Support Bullish Fair Value View

GREENPANEL: Future P/E Repricing Will Support Upcoming Dividend Decisions

GREENPLY: CEO Transition And 2026 Results Will Support Bullish Earnings Outlook

Investor sentiment improves as stock rises 18%

Duroply Industries Limited Announces Resignation of Vijay Kumar Yadav as Chief Financial Officer, Effective June 10, 2026

Dividend increased to ₹0.20

New minor risk - Revenue size

Now 21% undervalued after recent price drop

New minor risk - Profit margin trend

Full year 2026 earnings released: EPS: ₹4.02 (vs ₹3.70 loss in FY 2025)