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Indian (NIFTY) Real Estate Sector Analysis

UpdatedFeb 26, 2024
DataAggregated Company Financials
Companies187
  • 7D3.0%
  • 3M27.9%
  • 1Y111.7%
  • YTD15.7%

The Real Estate industry is up 3.0% in the last week, with DLF up 6.0%. During this same period, the Unitech underperformed, falling 16%. This takes the industry's 12 month performance to a gain of 112%. Looking forward, earnings are forecast to grow by 32% annually.

Sector Valuation and Performance

Has the Indian Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 26 Feb 2024₹8.4t₹747.6b₹132.5b32.2x63.6x11.3x
Wed, 24 Jan 2024₹7.6t₹726.9b₹113.8b34.7x66.9x10.5x
Fri, 22 Dec 2023₹6.9t₹730.1b₹116.2b27.9x59.5x9.5x
Sun, 19 Nov 2023₹6.5t₹727.9b₹116.3b26.1x55.8x8.9x
Tue, 17 Oct 2023₹5.8t₹672.7b₹88.8b32.5x64.8x8.6x
Thu, 14 Sep 2023₹5.5t₹671.2b₹88.8b29.8x61.8x8.2x
Sat, 12 Aug 2023₹5.3t₹669.0b₹65.5b29.1x80.4x7.9x
Mon, 10 Jul 2023₹5.2t₹660.1b₹85.0b31.5x61.3x7.9x
Wed, 07 Jun 2023₹4.9t₹664.5b₹84.9b29x58.1x7.4x
Fri, 05 May 2023₹4.3t₹663.8b₹103.1b25.3x42.1x6.5x
Sun, 02 Apr 2023₹3.9t₹646.4b₹102.8b23.1x37.8x6x
Tue, 28 Feb 2023₹3.9t₹641.0b₹112.9b23.9x34.1x6x
Thu, 26 Jan 2023₹4.2t₹608.8b₹115.5b25x36.7x7x
Sat, 24 Dec 2022₹4.1t₹615.2b₹103.6b24.4x39.2x6.6x
Mon, 21 Nov 2022₹4.3t₹601.1b₹101.3b26.8x42.4x7.1x
Wed, 19 Oct 2022₹4.2t₹592.7b₹103.9b28.2x40.5x7.1x
Fri, 16 Sep 2022₹4.5t₹589.3b₹101.9b29x44.6x7.7x
Sun, 14 Aug 2022₹4.5t₹561.3b₹89.8b27x50x8x
Tue, 12 Jul 2022₹4.3t₹545.9b₹77.6b27.9x55.2x7.8x
Thu, 09 Jun 2022₹4.2t₹539.0b₹93.3b26x44.7x7.7x
Sat, 07 May 2022₹4.2t₹509.1b₹80.6b30.3x51.8x8.2x
Mon, 04 Apr 2022₹4.7t₹489.7b₹69.8b28.9x66.7x9.5x
Wed, 02 Mar 2022₹4.4t₹489.9b₹69.8b29.9x63x9x
Fri, 28 Jan 2022₹4.6t₹475.8b₹67.1b35.6x69.1x9.7x
Sun, 26 Dec 2021₹4.6t₹473.8b₹67.4b28.8x68.4x9.7x
Tue, 23 Nov 2021₹4.9t₹471.5b₹69.1b27.7x71x10.4x
Thu, 21 Oct 2021₹4.6t₹442.8b₹55.8b36.3x81.9x10.3x
Sat, 18 Sep 2021₹3.9t₹470.4b₹42.5b31.5x92.5x8.4x
Mon, 16 Aug 2021₹3.7t₹482.8b₹43.1b27.3x86.3x7.7x
Mon, 31 May 2021₹3.2t₹441.1b₹29.9b23.6x106.2x7.2x
Thu, 04 Mar 2021₹2.4t₹363.7b-₹23,124,655,028.0019.3x-105.2x6.7x
Price to Earnings Ratio

-105.2x


Total Market Cap: ₹2.4tTotal Earnings: -₹23,124,655,028.00Total Revenue: ₹363.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Real Estate Sector Price to Earnings3Y Average 58.1x202220232024
Current Industry PE
  • Investors are optimistic on the Indian Real Estate industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 63.6x which is higher than its 3-year average PE of 58.1x.
  • The 3-year average PS ratio of 8.1x is lower than the industry's current PS ratio of 11.3x.
Past Earnings Growth
  • Total earnings for the Real Estate industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 27% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

Which industries have driven the changes within the Indian Real Estate sector?

IN Market0.86%
Real Estate2.99%
Real Estate3.39%
Industrial REITs0.79%
REITS0%
Specialized REITs0%
Residential REITs0%
Hotel and Resort REITs0%
Health Care REITs0%
Retail REITs-0.039%
Office REITs-0.36%
Industry PE
  • Investors are most optimistic about the Real Estate industry, which is trading close to its 3-year average PE ratio of 62.4x.
    • Analysts are expecting annual earnings growth of 31.5%, which is higher than its past year's earnings growth of 26.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Retail REITs industry, expecting annual earnings growth of 47% over the next 5 years.
  • In contrast, the Office REITs industry is expected to see its earnings grow by 30% 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
DLF DLF₹899.256.0%
+₹125.4b
157.0%PE93.7x
GODREJPROP Godrej Properties₹2.47k8.3%
+₹52.5b
125.7%PE103x
PRESTIGE Prestige Estates Projects₹1.23k5.8%
+₹27.2b
209.3%PE29x
OBEROIRLTY Oberoi Realty₹1.37k5.1%
+₹24.2b
60.1%PE30.7x
LODHA Macrotech Developers₹1.11k1.6%
+₹16.6b
174.9%PE65.8x
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Latest News

OBEROIRLTY

₹1,366.10

Oberoi Realty

7D

5.1%

1Y

60.1%

507878

₹14.10

Unitech

7D

-16.3%

1Y

749.4%

ARVSMART

₹583.40

Arvind SmartSpaces

7D

-7.4%

1Y

135.7%

RUSTOMJEE

₹686.30

Keystone Realtors

7D

-5.2%

1Y

51.0%

526367

₹836.10

Ganesh Housing

7D

13.5%

1Y

167.5%

PRESTIGE

₹1,230.40

Prestige Estates Projects

7D

5.8%

1Y

209.3%

500307

₹430.35

Nirlon

7D

-4.3%

1Y

24.4%

SOBHA

₹1,460.20

Sobha

7D

4.4%

1Y

146.3%

503100

₹2,871.30

Phoenix Mills

7D

3.1%

1Y

116.7%

PGINVIT

₹96.90

Powergrid Infrastructure Investment Trust

7D

-1.8%

1Y

-19.9%

EMBASSY

₹363.95

Embassy Office Parks REIT

7D

-1.1%

1Y

19.3%

GODREJPROP

₹2,468.85

Godrej Properties

7D

8.3%

1Y

125.7%

SIGNATURE

₹1,325.00

Signatureglobal (India)

7D

-2.9%

1Y

n/a

LODHA

₹1,110.15

Macrotech Developers

7D

1.6%

1Y

174.9%

503031

₹58.71

Peninsula Land

7D

-8.0%

1Y

373.8%