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Indian (NIFTY) Real Estate Industry Analysis

UpdatedSep 25, 2025
DataAggregated Company Financials
Companies189
  • 7D-2.8%
  • 3M-10.8%
  • 1Y-19.7%
  • YTD-14.6%

Over the last 7 days, the Real Estate industry has dropped 2.8%, driven by DLF declining 6.7%. On the other hand Anant Raj is actually up 16%. Overall the industry is down 20% in 12 months. Looking forward, earnings are forecast to grow by 27% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 25 Sep 2025₹8.2t₹943.6b₹172.7b37.3x47.3x8.7x
Sat, 23 Aug 2025₹8.3t₹942.8b₹173.5b35x47.9x8.8x
Mon, 21 Jul 2025₹9.1t₹894.7b₹168.6b35.1x53.8x10.1x
Wed, 18 Jun 2025₹8.8t₹857.3b₹171.0b34.4x51.7x10.3x
Fri, 16 May 2025₹7.9t₹954.2b₹174.2b34.4x45.2x8.3x
Sun, 13 Apr 2025₹7.1t₹950.3b₹177.8b33.2x39.9x7.5x
Tue, 11 Mar 2025₹7.1t₹950.3b₹177.8b32.9x40x7.5x
Thu, 06 Feb 2025₹8.4t₹940.8b₹186.6b30.3x45.2x9x
Sat, 04 Jan 2025₹9.4t₹906.7b₹171.5b36.2x54.6x10.3x
Mon, 02 Dec 2024₹9.0t₹906.9b₹171.6b33.5x52.2x9.9x
Wed, 30 Oct 2024₹8.8t₹889.9b₹190.1b29.9x46.2x9.9x
Fri, 27 Sep 2024₹9.8t₹858.5b₹174.0b32.4x56.1x11.4x
Sun, 25 Aug 2024₹8.9t₹851.6b₹172.5b30.1x51.4x10.4x
Tue, 23 Jul 2024₹9.0t₹723.0b₹137.8b29.6x65.6x12.5x
Thu, 20 Jun 2024₹9.2t₹715.6b₹135.1b30.8x67.8x12.8x
Sat, 18 May 2024₹8.3t₹690.4b₹133.2b28.5x62x12x
Mon, 15 Apr 2024₹8.0t₹658.5b₹123.1b32.5x64.8x12.1x
Wed, 13 Mar 2024₹7.4t₹659.6b₹123.3b29.6x59.7x11.2x
Fri, 09 Feb 2024₹7.4t₹654.1b₹120.0b39x61.7x11.3x
Sun, 07 Jan 2024₹7.0t₹645.9b₹108.3b29.9x64.6x10.8x
Tue, 05 Dec 2023₹6.1t₹642.1b₹108.4b28x56.6x9.6x
Thu, 02 Nov 2023₹5.1t₹590.4b₹96.4b29x52.8x8.6x
Sat, 30 Sep 2023₹4.8t₹586.6b₹81.7b28x59x8.2x
Mon, 28 Aug 2023₹4.4t₹589.2b₹61.6b27.8x72.1x7.5x
Wed, 26 Jul 2023₹4.4t₹578.7b₹70.5b28.6x62.4x7.6x
Fri, 23 Jun 2023₹4.2t₹575.7b₹77.7b28.8x54.2x7.3x
Sun, 21 May 2023₹3.8t₹576.0b₹97.5b23x39.1x6.6x
Tue, 18 Apr 2023₹3.5t₹570.2b₹90.2b22.7x39.3x6.2x
Thu, 16 Mar 2023₹3.2t₹564.7b₹90.0b22x35.1x5.6x
Sat, 11 Feb 2023₹3.4t₹539.5b₹104.6b23.5x32.7x6.3x
Mon, 09 Jan 2023₹3.5t₹532.6b₹100.3b25.4x34.7x6.5x
Wed, 07 Dec 2022₹3.7t₹537.1b₹89.7b26.5x41.7x7x
Fri, 04 Nov 2022₹3.5t₹519.4b₹83.4b27.7x42x6.7x
Sun, 02 Oct 2022₹3.4t₹516.0b₹80.0b28.3x42.1x6.5x
Price to Earnings Ratio

42.1x


Total Market Cap: ₹3.4tTotal Earnings: ₹80.0bTotal Revenue: ₹516.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Real Estate Industry Price to Earnings3Y Average 51.5x202320242025
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 47.3x which is lower than its 3-year average PE of 51.5x.
  • 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 29% per year over the last three years.
  • Revenues for these companies have grown 22% 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 industry?

IN Market-0.91%
Real Estate-2.23%
Real Estate-2.78%
Real Estate Services6.58%
Real Estate Development-1.43%
Real Estate Operating Companies-2.76%
Diversified Real Estate-5.03%
Industry PE
  • Investors are most optimistic about the Real Estate Development industry, which is trading close to its 3-year average PE ratio of 48.2x.
    • Analysts are expecting annual earnings growth of 34.2%, which is higher than its past year's earnings growth of 14.8% per year.
  • Investors are most pessimistic about the Real Estate Operating Companies industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 27.3x.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate Development industry, expecting annual earnings growth of 34% over the next 5 years.
  • This is better than its past earnings growth rate of 15% per year.
  • In contrast, the Real Estate Operating Companies industry is expected to see its earnings grow by 17% 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
515055 Anant Raj₹678.4515.9%
+₹31.9b
-7.1%PE50.6x
SMARTWORKS Smartworks Coworking Spaces₹574.1511.4%
+₹6.7b
n/aPS4.7x
LOTUSDEV Sri Lotus Developers and Realty₹197.834.5%
+₹4.2b
n/aPE45.4x
539042 AGI Infra₹1.26k7.0%
+₹2.0b
150.4%PE42.7x
513349 Ajmera Realty & Infra India₹1.03k3.0%
+₹1.2b
53.0%PE30.5x

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