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Indian (NIFTY) Real Estate Development Industry Analysis
UpdatedDec 03, 2024
DataAggregated Company Financials
Companies137
- 7D2.9%
- 3M2.1%
- 1Y48.0%
- YTDn/a
The Real Estate Development industry is up 1.7% in the last week, with Macrotech Developers up 5.1%. In the last 12 months, the industry was up 47%. Looking forward, earnings are forecast to grow by 32% annually.
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 |
|---|---|---|---|---|---|---|
| Tue, 03 Dec 2024 | ₹5.6t | ₹682.9b | ₹107.5b | 33.4x | 52.1x | 8.2x |
| Thu, 31 Oct 2024 | ₹5.4t | ₹664.9b | ₹119.7b | 29.8x | 44.7x | 8x |
| Sat, 28 Sep 2024 | ₹5.8t | ₹641.0b | ₹118.2b | 33.4x | 49x | 9x |
| Mon, 26 Aug 2024 | ₹5.3t | ₹634.1b | ₹116.6b | 32.1x | 45.1x | 8.3x |
| Wed, 24 Jul 2024 | ₹5.3t | ₹515.2b | ₹91.0b | 30.5x | 58.5x | 10.3x |
| Fri, 21 Jun 2024 | ₹5.7t | ₹511.0b | ₹88.6b | 33.8x | 63.8x | 11.1x |
| Sun, 19 May 2024 | ₹4.9t | ₹503.8b | ₹91.0b | 35.8x | 53.6x | 9.7x |
| Tue, 16 Apr 2024 | ₹4.5t | ₹486.4b | ₹86.2b | 33.3x | 52x | 9.2x |
| Thu, 14 Mar 2024 | ₹3.9t | ₹487.5b | ₹86.4b | 33.3x | 44.7x | 7.9x |
| Sat, 10 Feb 2024 | ₹4.1t | ₹485.1b | ₹86.5b | 50.9x | 47.9x | 8.5x |
| Mon, 08 Jan 2024 | ₹4.1t | ₹480.7b | ₹76.4b | 37.7x | 53.2x | 8.5x |
| Wed, 06 Dec 2023 | ₹3.5t | ₹476.5b | ₹76.5b | 33.1x | 45.9x | 7.4x |
| Fri, 03 Nov 2023 | ₹2.9t | ₹432.8b | ₹65.9b | 29.8x | 44.3x | 6.8x |
| Sun, 01 Oct 2023 | ₹2.7t | ₹428.8b | ₹52.6b | 33.6x | 51.5x | 6.3x |
| Tue, 29 Aug 2023 | ₹2.5t | ₹433.4b | ₹32.8b | 30.6x | 75.9x | 5.8x |
| Thu, 27 Jul 2023 | ₹2.5t | ₹424.9b | ₹31.5b | 30.2x | 79.3x | 5.9x |
| Sat, 24 Jun 2023 | ₹2.2t | ₹411.9b | ₹37.8b | 30.7x | 59.5x | 5.5x |
| Mon, 22 May 2023 | ₹1.9t | ₹412.3b | ₹56.3b | 21.6x | 34.5x | 4.7x |
| Wed, 19 Apr 2023 | ₹1.9t | ₹407.9b | ₹51.5b | 22.3x | 36.8x | 4.6x |
| Fri, 17 Mar 2023 | ₹1.7t | ₹402.4b | ₹51.3b | 24x | 33.5x | 4.3x |
| Sun, 12 Feb 2023 | ₹1.9t | ₹374.0b | ₹65.9b | 25.3x | 28.6x | 5x |
| Tue, 10 Jan 2023 | ₹1.9t | ₹372.7b | ₹63.8b | 27.6x | 30x | 5.1x |
| Thu, 08 Dec 2022 | ₹2.0t | ₹377.7b | ₹53.4b | 29.3x | 37.7x | 5.3x |
| Sat, 05 Nov 2022 | ₹1.9t | ₹360.9b | ₹38.9b | 31.8x | 48.1x | 5.2x |
| Mon, 03 Oct 2022 | ₹1.9t | ₹361.9b | ₹49.9b | 29x | 37.1x | 5.1x |
| Wed, 31 Aug 2022 | ₹2.0t | ₹362.2b | ₹44.1b | 27.5x | 46.1x | 5.6x |
| Fri, 29 Jul 2022 | ₹2.0t | ₹349.5b | ₹41.3b | 28.7x | 47.6x | 5.6x |
| Sun, 26 Jun 2022 | ₹1.7t | ₹332.6b | ₹36.8b | 27.1x | 47.1x | 5.2x |
| Tue, 24 May 2022 | ₹1.8t | ₹311.2b | ₹43.9b | 26x | 41x | 5.8x |
| Thu, 21 Apr 2022 | ₹2.0t | ₹288.8b | ₹34.8b | 27.8x | 57.9x | 7x |
| Sat, 19 Mar 2022 | ₹2.1t | ₹288.9b | ₹34.8b | 28.5x | 59x | 7.1x |
| Mon, 14 Feb 2022 | ₹2.2t | ₹291.2b | ₹35.5b | 32x | 61.7x | 7.5x |
| Wed, 12 Jan 2022 | ₹2.3t | ₹280.1b | ₹31.8b | 34.4x | 73.8x | 8.4x |
| Fri, 10 Dec 2021 | ₹2.4t | ₹280.0b | ₹31.8b | 23.6x | 75.8x | 8.6x |
Price to Earnings Ratio
75.8x
Current Industry PE
- Investors are relatively neutral on the Indian Real Estate Development industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 50.0x.
- The 3-year average PS ratio of 6.9x is lower than the industry's current PS ratio of 8.0x.
Past Earnings Growth
- The earnings for companies in the Real Estate Development industry have grown 50% per year over the last three years.
- Revenues for these companies have grown 35% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Real Estate Development compare with similar industries?
| IN Market | 2.02% | |
| Real Estate | 2.60% | |
| Real Estate | 2.98% | |
| Real Estate Development | 2.87% | |
| Diversified Real Estate | 3.21% | |
| Real Estate Operating Companies | 2.49% | |
| Real Estate Services | -1.61% | |
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 | |
|---|---|---|---|---|---|
| OBEROIRLTY Oberoi Realty | ₹2.06k | 4.1% +₹29.5b | 43.2% | PE32.3x | |
| LODHA Macrotech Developers | ₹1.30k | 1.6% +₹20.2b | 41.9% | PE62.5x | |
| 515055 Anant Raj | ₹715.40 | 8.1% +₹18.3b | 163.2% | PE69.5x | |
| PURVA Puravankara | ₹410.70 | 15.1% +₹12.8b | 154.4% | PE139.8x | |
| 533160 Valor Estate | ₹178.40 | 10.1% +₹8.8b | -12.6% | PE29.1x |
