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Indian (NIFTY) Real Estate Industry Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies163
  • 7D-7.0%
  • 3M36.0%
  • 1Y101.4%
  • YTD79.9%

Over the last 7 days, the Real Estate industry has dropped 7.0%, driven by a pullback from DLF of 9.4%. Meanwhile, Nirlon actually outperformed within the industry, gaining 6.4% in the last week. This takes the industry's 12 month performance to a gain of 101%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sun, 28 Nov 2021₹3.9t₹424.4b₹56.4b25.2x
Tue, 26 Oct 2021₹3.6t₹410.6b₹50.9b34.2x
Thu, 23 Sep 2021₹3.3t₹412.7b₹27.9b29.8x
Sat, 21 Aug 2021₹2.7t₹424.7b₹28.4b25.7x
Sat, 05 Jun 2021₹2.4t₹389.5b₹15.6b20.5x
Tue, 09 Mar 2021₹2.1t₹340.8b-₹30,218,725,028.0019.1x
Mon, 30 Nov 2020₹1.6t₹358.9b-₹28,537,601,830.0015.6x
Thu, 03 Sep 2020₹1.3t₹397.8b-₹18,605,583,468.0013.9x
Sun, 07 Jun 2020₹1.1t₹465.4b-₹2,599,561,297.0013.2x
Sat, 29 Feb 2020₹1.6t₹525.1b₹34.9b12.5x
Tue, 03 Dec 2019₹1.6t₹511.9b₹33.8b13.4x
Fri, 06 Sep 2019₹1.5t₹507.0b₹35.3b15.2x
Mon, 10 Jun 2019₹1.6t₹492.8b₹35.4b19.7x
Sun, 03 Mar 2019₹1.2t₹483.9b₹43.4b18.4x
Wed, 05 Dec 2018₹1.2t₹468.8b₹78.3b17.3x
PE Ratio

17.3x

Total Market Cap: ₹1.2tTotal Earnings: ₹78.3bTotal Revenue: ₹468.8b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 25.2x which is higher than its 3-year average PE of 17.9x. 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 10% per year over the last three years, and revenues have also declined 3.3% per year. This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

Real Estate Services1.57%
Real Estate Operating Companies-0.63%
Real Estate Development-6.48%
Diversified Real Estate-8.35%

Industry PE: Investors are most optimistic about the Diversified Real Estate industry which is trading above its 3-year average PE ratio of 38.8x. However analysts are expecting annual earnings growth of 34%, which is lower than the prior year's growth of 123% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Real Estate Operating Companies industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 12.9x.

Forecasted Growth: Analysts are most optimistic on the Real Estate Development industry, expecting annual earnings growth of 37% over the next 5 years. This is better than it's past earnings growth rate of 5.9% per year. Meanwhile, the Real Estate Operating Companies 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?

Company7D1YValuation
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
500317 Oswal Agro Mills15.2%+₹490.0m199.2%PB0.5x
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