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Indian (NIFTY) Real Estate Sector Analysis

UpdatedNov 14, 2025
DataAggregated Company Financials
Companies199
  • 7D-0.5%
  • 3M4.3%
  • 1Y-1.8%
  • YTD-8.1%

The Real Estate industry has stayed flat over the last week. In line with that, the industry has also been flat over the past 12 months. As for the next few years, earnings are expected to grow by 29% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 14 Nov 2025₹10.3t₹1.2t₹208.8b35.4x49.4x8.6x
Sun, 12 Oct 2025₹10.0t₹1.1t₹216.2b36.9x46.2x8.8x
Tue, 09 Sep 2025₹9.7t₹1.1t₹214.2b38.7x45.4x8.7x
Thu, 07 Aug 2025₹9.4t₹1.1t₹213.9b34.9x43.8x8.9x
Sat, 05 Jul 2025₹9.8t₹988.5b₹205.8b35.7x47.7x9.9x
Mon, 02 Jun 2025₹9.4t₹987.3b₹208.6b31.8x45x9.5x
Wed, 30 Apr 2025₹8.7t₹1.1t₹219.6b33.4x39.8x8.1x
Fri, 28 Mar 2025₹8.5t₹1.1t₹220.1b32.7x38.7x7.9x
Sun, 23 Feb 2025₹8.6t₹1.1t₹220.1b33.1x39x8x
Tue, 21 Jan 2025₹9.6t₹1.0t₹215.6b36x44.6x9.3x
Thu, 19 Dec 2024₹10.8t₹1.0t₹214.5b35.6x50.2x10.5x
Sat, 16 Nov 2024₹9.4t₹1.0t₹227.9b32.7x41.3x9.1x
Mon, 14 Oct 2024₹10.1t₹991.0b₹208.0b31.2x48.7x10.2x
Wed, 11 Sep 2024₹10.0t₹971.2b₹203.5b30.9x49.2x10.3x
Fri, 09 Aug 2024₹9.5t₹866.6b₹176.7b30.6x53.9x11x
Sun, 07 Jul 2024₹10.2t₹832.7b₹165.8b34.3x61.8x12.3x
Tue, 04 Jun 2024₹9.8t₹853.7b₹151.1b30.6x64.6x11.4x
Thu, 02 May 2024₹8.9t₹756.3b₹137.0b32.9x64.8x11.7x
Sat, 30 Mar 2024₹8.3t₹750.1b₹132.5b30.7x62.6x11.1x
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
Price to Earnings Ratio

42.4x


Total Market Cap: ₹4.3tTotal Earnings: ₹101.3bTotal Revenue: ₹601.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Real Estate Sector Price to Earnings3Y Average 51x202320242025
Current Industry PE
  • Investors are pessimistic on the Indian Real Estate 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 46.9x which is lower than its 3-year average PE of 51.0x.
  • The industry is trading close to its 3-year average PS ratio of 9.0x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have grown 30% per year over the last three years.
  • Revenues for these companies have grown 26% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

IN Market0.97%
Real Estate-0.48%
REITS0%0
Office REITs-0.23%
Real Estate-0.45%
Retail REITs-2.27%
Industrial REITs-2.40%
Industry PE
  • Investors are most optimistic about the Office REITs industry which is trading above its 3-year average PE ratio of 46.7x.
    • Analysts are expecting annual earnings growth of 37.3%, which is higher than its past year's earnings decline of 18.7% per year.
  • Investors are most pessimistic about the Industrial REITs industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Office REITs industry, expecting annual earnings growth of 37% over the next 5 years.
  • This is better than its past earnings decline of 19% per year.
  • In contrast, the Retail REITs industry is expected to see its earnings grow by 21% 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
GODREJPROP Godrej Properties₹2.20k2.5%
+₹16.0b
-15.4%PE42.7x
DLF DLF₹764.850.7%
+₹13.4b
0.3%PE44.2x
SIGNATURE Signatureglobal (India)₹1.11k5.1%
+₹7.6b
-14.6%PE201x
INDIQUBE IndiQube Spaces₹220.608.2%
+₹3.5b
n/aPS3.8x
PRESTIGE Prestige Estates Projects₹1.74k0.4%
+₹2.7b
12.8%PE98.2x

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