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Indian (NIFTY) Real Estate Sector Analysis

UpdatedApr 24, 2025
DataAggregated Company Financials
Companies193
  • 7D5.3%
  • 3M-1.4%
  • 1Y-6.1%
  • YTD-13.4%

The Real Estate industry is up 5.3% in the last week, with Macrotech Developers up 6.8%. However, the industry is down 6.1% over the past year. Earnings are forecast to grow by 25% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 24 Apr 2025₹9.0t₹1.1t₹220.4b34.1x40.8x8.4x
Sat, 22 Mar 2025₹8.6t₹1.1t₹220.1b33.6x39.3x8x
Mon, 17 Feb 2025₹8.5t₹1.1t₹220.4b34.1x38.6x7.9x
Wed, 15 Jan 2025₹9.2t₹1.0t₹214.9b35.7x42.8x8.9x
Fri, 13 Dec 2024₹10.6t₹1.0t₹214.5b35.2x49.3x10.3x
Sun, 10 Nov 2024₹9.7t₹1.0t₹227.3b33.2x42.5x9.4x
Tue, 08 Oct 2024₹9.9t₹976.5b₹204.9b30.9x48.1x10.1x
Thu, 05 Sep 2024₹10.0t₹971.3b₹203.5b33x49.4x10.3x
Sat, 03 Aug 2024₹9.8t₹858.7b₹176.7b33.6x55.3x11.4x
Mon, 01 Jul 2024₹10.0t₹832.2b₹165.8b33.3x60.4x12x
Wed, 29 May 2024₹9.2t₹807.7b₹152.9b33.7x60.4x11.4x
Fri, 26 Apr 2024₹8.8t₹760.4b₹131.9b32.4x66.9x11.6x
Sun, 24 Mar 2024₹8.1t₹750.1b₹132.5b31.8x61.4x10.9x
Tue, 20 Feb 2024₹8.2t₹747.4b₹132.5b32.1x61.5x10.9x
Thu, 18 Jan 2024₹7.9t₹731.6b₹116.6b35.5x67.9x10.8x
Sat, 16 Dec 2023₹7.1t₹730.1b₹116.2b28.9x60.8x9.7x
Mon, 13 Nov 2023₹6.2t₹721.2b₹113.4b26.8x55.1x8.7x
Wed, 11 Oct 2023₹5.7t₹672.7b₹88.7b32.9x64.2x8.5x
Fri, 08 Sep 2023₹5.5t₹670.4b₹88.3b29.8x61.9x8.2x
Sun, 06 Aug 2023₹5.3t₹661.7b₹75.4b30.9x70.1x8x
Tue, 04 Jul 2023₹5.1t₹659.6b₹85.0b31.2x60.3x7.8x
Thu, 01 Jun 2023₹4.8t₹677.0b₹95.8b27.4x49.8x7x
Sat, 29 Apr 2023₹4.3t₹653.8b₹101.6b25.2x42.7x6.6x
Mon, 27 Mar 2023₹3.1t₹564.7b₹90.0b21.6x34.8x5.5x
Wed, 22 Feb 2023₹4.0t₹641.3b₹113.0b23.2x35x6.2x
Fri, 20 Jan 2023₹4.3t₹611.3b₹114.1b25.6x38x7.1x
Sun, 18 Dec 2022₹4.3t₹615.2b₹103.6b26.2x41.7x7x
Tue, 15 Nov 2022₹4.3t₹598.3b₹108.8b24.4x39.8x7.2x
Thu, 13 Oct 2022₹4.2t₹590.9b₹103.5b29.5x40.9x7.2x
Sat, 10 Sep 2022₹4.5t₹590.0b₹96.2b27.5x47.2x7.7x
Mon, 08 Aug 2022₹4.4t₹575.8b₹86.8b26.8x51x7.7x
Wed, 06 Jul 2022₹4.1t₹545.8b₹77.5b26.7x52.7x7.5x
Fri, 03 Jun 2022₹4.2t₹525.5b₹79.7b28.5x53.2x8.1x
Sun, 01 May 2022₹4.4t₹500.4b₹76.1b31.1x58.5x8.9x
Price to Earnings Ratio

58.5x


Total Market Cap: ₹4.4tTotal Earnings: ₹76.1bTotal Revenue: ₹500.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Real Estate Sector Price to Earnings3Y Average 51.6x202320242025
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 40.8x which is lower than its 3-year average PE of 51.6x.
  • The industry is trading close to its 3-year average PS ratio of 8.7x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have grown 43% per year over the last three years.
  • Revenues for these companies have grown 29% 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 Market3.62%
Real Estate5.27%
Real Estate5.75%
Industrial REITs2.27%
Office REITs1.76%
Retail REITs1.52%
REITS0%0
Industry PE
  • Investors are most optimistic about the Real Estate industry even though it's trading below its 3-year average PE ratio of 52.0x.
    • Analysts are expecting annual earnings growth of 26.5%, which is higher than its past year's earnings growth of 8.7% 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 Real Estate industry, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings growth rate of 8.7% per year.
  • In contrast, the Office REITs industry is expected to see its earnings grow by 9.2% 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
LODHA Macrotech Developers₹1.32k6.8%
+₹83.9b
8.8%PE52.5x
GODREJPROP Godrej Properties₹2.15k7.8%
+₹46.5b
-16.6%PE43.4x
PRESTIGE Prestige Estates Projects₹1.29k6.5%
+₹33.9b
-1.3%PE95.7x
DLF DLF₹680.501.7%
+₹27.5b
-23.9%PE42x
503100 Phoenix Mills₹1.67k3.5%
+₹20.2b
5.3%PE57.3x
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Latest News

OBEROIRLTY

₹1,678.90

Oberoi Realty

7D

2.3%

1Y

13.9%

503100

₹1,670.35

Phoenix Mills

7D

3.5%

1Y

5.3%

LODHA

₹1,320.20

Macrotech Developers

7D

6.8%

1Y

8.8%

504882

₹3,800.00

National Standard (India)

7D

-3.1%

1Y

-21.6%

532467

₹41.26

Hazoor Multi Projects

7D

-7.6%

1Y

9.7%

505355

₹956.60

Nesco

7D

-0.6%

1Y

11.1%

EMBASSY

₹380.16

Embassy Office Parks REIT

7D

3.0%

1Y

2.7%

GODREJPROP

₹2,145.60

Godrej Properties

7D

7.8%

1Y

-16.6%

523716

₹265.70

Ashiana Housing

7D

-1.8%

1Y

-29.7%

532929

₹1,037.55

Brigade Enterprises

7D

5.3%

1Y

-0.1%

506194

₹392.55

Arihant Superstructures

7D

-2.5%

1Y

8.8%

500307

₹528.55

Nirlon

7D

-1.9%

1Y

22.1%

TREL

₹35.01

Transindia Real Estate

7D

-4.2%

1Y

-28.8%