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Indian (NIFTY) Real Estate Industry Analysis

UpdatedAug 10, 2025
DataAggregated Company Financials
Companies192
  • 7D-2.4%
  • 3M8.1%
  • 1Y-13.4%
  • YTD-15.8%

Over the last 7 days, the Real Estate industry has dropped 2.4%, driven by DLF declining 3.9%. Overall the industry is down 13% in 12 months. Earnings are forecast to grow by 28% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 10 Aug 2025₹8.1t₹929.2b₹174.5b32.5x46.4x8.7x
Tue, 08 Jul 2025₹8.7t₹859.0b₹168.9b35.2x51.7x10.2x
Thu, 05 Jun 2025₹8.5t₹864.8b₹171.9b32.1x49.4x9.8x
Sat, 03 May 2025₹7.8t₹950.9b₹176.9b33.5x44x8.2x
Mon, 31 Mar 2025₹7.5t₹950.3b₹177.8b32.4x42.3x7.9x
Wed, 26 Feb 2025₹7.4t₹950.0b₹177.8b31.1x41.5x7.8x
Fri, 24 Jan 2025₹8.0t₹913.9b₹175.8b33.8x45.4x8.7x
Sun, 22 Dec 2024₹9.4t₹906.9b₹171.6b35x54.6x10.3x
Tue, 19 Nov 2024₹8.3t₹903.0b₹169.6b33.9x49.1x9.2x
Thu, 17 Oct 2024₹9.5t₹871.2b₹177.0b30.1x53.5x10.9x
Sat, 14 Sep 2024₹9.1t₹851.4b₹172.5b30.2x53x10.7x
Mon, 12 Aug 2024₹8.8t₹839.7b₹162.7b30.3x54x10.5x
Wed, 10 Jul 2024₹9.3t₹719.0b₹135.5b32.5x68.8x13x
Fri, 07 Jun 2024₹8.6t₹721.6b₹133.1b28.1x64.3x11.9x
Sun, 05 May 2024₹8.1t₹662.1b₹124.5b32.5x64.8x12.2x
Tue, 02 Apr 2024₹7.9t₹659.6b₹123.2b29.8x63.8x11.9x
Thu, 29 Feb 2024₹7.6t₹659.4b₹123.4b30.4x61.8x11.6x
Sat, 27 Jan 2024₹7.0t₹640.4b₹107.3b32.2x65.1x10.9x
Mon, 25 Dec 2023₹6.4t₹643.2b₹107.9b27.2x58.9x9.9x
Wed, 22 Nov 2023₹5.8t₹642.2b₹108.5b24.9x53.9x9.1x
Fri, 20 Oct 2023₹5.0t₹586.8b₹81.8b32.6x61.6x8.6x
Sun, 17 Sep 2023₹4.9t₹585.3b₹81.8b26.3x59.6x8.3x
Tue, 15 Aug 2023₹4.4t₹587.1b₹58.5b26.6x74.7x7.4x
Thu, 13 Jul 2023₹4.3t₹576.3b₹77.7b30.1x55.9x7.5x
Sat, 10 Jun 2023₹4.1t₹578.7b₹77.8b27x52.7x7.1x
Mon, 08 May 2023₹3.7t₹574.5b₹92.9b24.4x39.4x6.4x
Wed, 05 Apr 2023₹3.2t₹564.7b₹90.0b22.4x35.8x5.7x
Fri, 03 Mar 2023₹3.3t₹559.3b₹100.2b21.9x33.2x5.9x
Sun, 29 Jan 2023₹3.4t₹531.6b₹103.1b23.9x32.8x6.4x
Tue, 27 Dec 2022₹3.3t₹537.1b₹89.7b24.1x37.1x6.2x
Thu, 24 Nov 2022₹3.5t₹536.8b₹89.3b26x39.7x6.6x
Sat, 22 Oct 2022₹3.4t₹521.2b₹82.4b26.6x41.6x6.6x
Mon, 19 Sep 2022₹3.6t₹515.7b₹80.1b26.3x45.1x7x
Wed, 17 Aug 2022₹3.6t₹515.1b₹74.3b25.2x48x6.9x
Price to Earnings Ratio

48x


Total Market Cap: ₹3.6tTotal Earnings: ₹74.3bTotal Revenue: ₹515.1bTotal 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 46.4x 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 8.9x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have grown 33% 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-1.00%
Real Estate-2.14%
Real Estate-2.38%
Real Estate Operating Companies0.66%
Real Estate Services-1.45%
Real Estate Development-1.86%
Diversified Real Estate-3.50%
Industry PE
  • Investors are most optimistic about the Real Estate Development industry, which is trading close to its 3-year average PE ratio of 47.9x.
    • Analysts are expecting annual earnings growth of 34.7%, which is higher than its past year's earnings growth of 14.2% per year.
  • Investors are most pessimistic about the Real Estate Services industry, which is trading below its 3-year average of 41.3x.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate Development industry, expecting annual earnings growth of 35% over the next 5 years.
  • This is better than its past earnings growth rate of 14% 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
PRESTIGE Prestige Estates Projects₹1.60k0.4%
+₹3.1b
-6.7%PE131x
531381 Arihant Foundations & Housing₹1.30k26.0%
+₹2.7b
291.9%PE30.2x
SMARTWORKS Smartworks Coworking Spaces₹445.954.9%
+₹2.4b
n/aPS3.8x
HEMIPROP Hemisphere Properties India₹131.895.4%
+₹1.9b
-35.0%PS4147x
532016 Espire Hospitality₹567.5526.2%
+₹1.6b
236.1%PE79.2x

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