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Indian (NIFTY) Real Estate Development Industry Analysis
UpdatedSep 27, 2023
DataAggregated Company Financials
Companies135
- 7D-0.7%
- 3M13.3%
- 1Y37.0%
- YTD32.6%
The Real Estate Development industry has been flat over the last week, but Godrej Properties has lost 3.0%. As for the the longer term, the industry is up 37% over the past 12 months. As for the next few years, earnings are expected to grow by 30% per annum.
Industry Valuation and Performance
Has the Indian Real Estate Development Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 27 Sep 2023 | ₹2.7t | ₹428.8b | ₹52.6b | 35.2x | 50.9x | 6.2x |
| Fri, 25 Aug 2023 | ₹2.5t | ₹433.4b | ₹32.8b | 30.6x | 77.3x | 5.9x |
| Sun, 23 Jul 2023 | ₹2.4t | ₹424.8b | ₹31.5b | 30.1x | 77.5x | 5.7x |
| Tue, 20 Jun 2023 | ₹2.2t | ₹411.9b | ₹37.8b | 30.7x | 59.5x | 5.5x |
| Thu, 18 May 2023 | ₹2.0t | ₹412.7b | ₹56.4b | 21.7x | 35x | 4.8x |
| Sat, 15 Apr 2023 | ₹1.9t | ₹408.0b | ₹51.5b | 21.9x | 36.7x | 4.6x |
| Mon, 13 Mar 2023 | ₹1.8t | ₹402.4b | ₹51.3b | 26.3x | 34.9x | 4.4x |
| Wed, 08 Feb 2023 | ₹1.9t | ₹371.2b | ₹65.2b | 24.7x | 28.4x | 5x |
| Fri, 06 Jan 2023 | ₹1.9t | ₹372.7b | ₹63.8b | 26.2x | 30.2x | 5.2x |
| Sun, 04 Dec 2022 | ₹2.0t | ₹377.7b | ₹53.4b | 28.8x | 38.1x | 5.4x |
| Tue, 01 Nov 2022 | ₹1.9t | ₹364.5b | ₹50.5b | 30.4x | 37.4x | 5.2x |
| Thu, 29 Sep 2022 | ₹1.8t | ₹361.9b | ₹49.9b | 28.5x | 36.6x | 5x |
| Sat, 27 Aug 2022 | ₹2.0t | ₹361.9b | ₹43.8b | 27.6x | 45.6x | 5.5x |
| Mon, 25 Jul 2022 | ₹2.0t | ₹338.6b | ₹40.1b | 30.2x | 49.3x | 5.8x |
| Wed, 22 Jun 2022 | ₹1.7t | ₹332.7b | ₹36.8b | 26.9x | 47.6x | 5.3x |
| Fri, 20 May 2022 | ₹1.7t | ₹304.7b | ₹43.5b | 26.1x | 40.2x | 5.7x |
| Sun, 17 Apr 2022 | ₹2.1t | ₹288.8b | ₹34.8b | 27.9x | 60.4x | 7.3x |
| Tue, 15 Mar 2022 | ₹2.0t | ₹288.9b | ₹34.8b | 28.1x | 56.5x | 6.8x |
| Thu, 10 Feb 2022 | ₹2.2t | ₹292.4b | ₹35.1b | 32.5x | 62.9x | 7.6x |
| Sat, 08 Jan 2022 | ₹2.3t | ₹280.1b | ₹31.8b | 34.4x | 71.7x | 8.1x |
| Mon, 06 Dec 2021 | ₹2.3t | ₹280.0b | ₹31.8b | 24x | 72.7x | 8.3x |
| Wed, 03 Nov 2021 | ₹2.3t | ₹277.8b | ₹31.8b | 12.6x | 71.6x | 8.2x |
| Fri, 01 Oct 2021 | ₹2.1t | ₹257.1b | ₹23.4b | 29.4x | 89.5x | 8.1x |
| Sun, 29 Aug 2021 | ₹1.5t | ₹287.7b | ₹8.1b | 22.5x | 191.1x | 5.4x |
| Mon, 05 Jul 2021 | ₹1.3t | ₹287.7b | ₹8.1b | 18.3x | 161.9x | 4.5x |
| Thu, 08 Apr 2021 | ₹938.9b | ₹212.8b | ₹216.5m | 17.2x | 4335.9x | 4.4x |
| Sun, 10 Jan 2021 | ₹889.6b | ₹227.6b | -₹19,378,262,002.00 | 20x | -45.9x | 3.9x |
| Sat, 03 Oct 2020 | ₹601.3b | ₹240.3b | -₹20,530,430,395.00 | 14.2x | -29.3x | 2.5x |
Price to Earnings Ratio
-29.3x
Current Industry PE
- Investors are pessimistic on the Indian Real Estate Development 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 50.9x which is lower than its 3-year average PE of 273x.
- The 3-year average PS ratio of 5.4x is lower than the industry's current PS ratio of 6.2x.
Past Earnings Growth
- Total earnings for the Real Estate Development industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 21% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Indian Real Estate Development compare with similar industries?
| IN Market | -1.54% | |
| Real Estate | -0.85% | |
| Real Estate | -0.95% | |
| Real Estate Development | -0.71% | |
| Real Estate Services | -0.99% | |
| Diversified Real Estate | -1.21% | |
| Real Estate Operating Companies | -1.96% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| LODHA Macrotech Developers | ₹792.25 | 2.2% +₹16.7b | 64.5% | PE193.8x | |
| KOLTEPATIL Kolte-Patil Developers | ₹459.20 | 5.9% +₹1.9b | 36.5% | PE27.4x | |
| OMAXE Omaxe | ₹54.70 | 23.8% +₹1.9b | -40.7% | PS1.2x | |
| PARSVNATH Parsvnath Developers | ₹13.15 | 46.9% +₹1.8b | 77.7% | PS1.3x | |
| 526367 Ganesh Housing | ₹457.05 | 3.8% +₹1.4b | 33.8% | PE15.3x |