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Indian (NIFTY) Real Estate Sector Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
  • 7D-5.8%
  • 3M26.8%
  • 1Y78.1%
  • YTD59.7%

Over the last 7 days, the Real Estate industry has dropped 5.8%, driven by a pullback from DLF of 9.4%. This takes the industry's 12 month performance to a gain of 78%.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Mon, 29 Nov 2021₹4.8t₹472.5b₹67.4b26.1x
Wed, 27 Oct 2021₹4.6t₹455.3b₹61.8b36.1x
Fri, 24 Sep 2021₹4.4t₹470.8b₹42.6b32.8x
Sun, 22 Aug 2021₹3.6t₹482.8b₹43.1b25.9x
Fri, 09 Jul 2021₹3.3t₹482.8b₹43.1b25.7x
Thu, 01 Apr 2021₹2.6t₹373.3b₹25.7b19.3x
Sun, 03 Jan 2021₹2.2t₹363.7b-₹23,124,655,028.0019.5x
Wed, 07 Oct 2020₹1.5t₹381.4b-₹21,041,626,660.0014.1x
Tue, 30 Jun 2020₹1.5t₹420.1b-₹11,131,469,468.0012.8x
Fri, 03 Apr 2020₹1.3t₹487.8b₹5.1b13.5x
Mon, 06 Jan 2020₹2.0t₹526.8b₹39.0b14.3x
Thu, 10 Oct 2019₹1.8t₹531.5b₹33.7b15.8x
Wed, 03 Jul 2019₹1.9t₹526.6b₹35.2b16.9x
Sat, 06 Apr 2019₹1.5t₹492.8b₹35.4b20.5x
Tue, 08 Jan 2019₹1.3t₹483.9b₹43.4b17.9x
PE Ratio


Total Market Cap: ₹1.2tTotal Earnings: ₹78.3bTotal Revenue: ₹468.8b0%0%0%3 Year10 Year

Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 26.1x which is higher than its 3-year average PE of 18.4x. It appears they are confident that earnings will grow faster in the future than they have historically.

Past Earnings Growth: The earnings for companies in the Real Estate industry have declined 4.8% per year over the last three years, while revenues have remained mostly flat. This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

Real Estate-7.04%

Industry PE: Investors are most optimistic about the REITS industry, which is trading close to its 3-year average PE ratio of 50.2x. However analysts are expecting annual earnings growth of 30%, which is lower than the prior year's growth of 151% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Real Estate industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 17.9x.

Forecasted Growth: Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 36% over the next 5 years. This is better than it's past earnings growth rate of 2.9% per year. Meanwhile, the 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?

543217 Mindspace Business Parks REIT1.5%+₹2.9b7.7%PB1.2x
500307 Nirlon6.4%+₹2.1b60.5%PB6.2x
531273 Radhe Developers (India)27.6%+₹1.9b3,639.9%PB22.9x
ARTNIRMAN Art Nirman27.5%+₹589.0mn/aPB6.7x
PANSARI Pansari Developers27.5%+₹574.0m593.0%PB2.3x
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