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Indian (NIFTY) Basic Materials Industry Analysis

UpdatedOct 30, 2023
DataAggregated Company Financials
Companies66
  • 7D-3.5%
  • 3M-0.3%
  • 1Y11.1%
  • YTD4.4%

Over the last 7 days, the Basic Materials industry has dropped 3.5%, driven by a pullback from Grasim Industries of 1.3%. This takes the industry's 12 month performance to a gain of 11%. Earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

Has the Indian Basic Materials Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 30 Oct 2023₹7.6t₹3.7t₹196.8b30.8x38.4x2x
Wed, 27 Sep 2023₹7.8t₹3.7t₹185.2b30.3x41.9x2.1x
Fri, 25 Aug 2023₹7.5t₹3.7t₹184.0b32.3x40.7x2x
Sun, 23 Jul 2023₹7.3t₹3.6t₹186.4b34.1x39x2x
Tue, 20 Jun 2023₹7.6t₹3.6t₹185.8b33.1x40.8x2.1x
Thu, 18 May 2023₹7.1t₹3.5t₹210.6b24.9x33.6x2x
Sat, 15 Apr 2023₹7.0t₹3.4t₹210.3b23.2x33.3x2x
Mon, 13 Mar 2023₹6.7t₹3.4t₹210.0b24.4x32x2x
Wed, 08 Feb 2023₹6.7t₹3.4t₹206.7b25.4x32.4x2x
Fri, 06 Jan 2023₹7.2t₹3.3t₹213.8b23.6x33.5x2.1x
Sun, 04 Dec 2022₹7.5t₹3.3t₹213.8b25.7x35.1x2.2x
Tue, 01 Nov 2022₹6.9t₹3.3t₹234.3b22.1x29.6x2.1x
Thu, 29 Sep 2022₹6.6t₹3.2t₹256.5b19.9x25.7x2x
Sat, 27 Aug 2022₹6.5t₹3.2t₹256.5b19.2x25.4x2x
Mon, 25 Jul 2022₹6.2t₹3.1t₹262.9b17.2x23.5x2x
Wed, 22 Jun 2022₹5.4t₹3.0t₹270.6b14.9x20.1x1.8x
Fri, 20 May 2022₹6.0t₹3.0t₹268.1b15x22.4x2x
Sun, 17 Apr 2022₹6.8t₹3.0t₹270.3b16.2x25.1x2.3x
Tue, 15 Mar 2022₹6.0t₹2.9t₹271.4b15.8x22x2.1x
Thu, 10 Feb 2022₹7.1t₹2.9t₹277.2b15.5x25.8x2.5x
Sat, 08 Jan 2022₹7.4t₹2.9t₹283.4b19x26.1x2.6x
Mon, 06 Dec 2021₹7.1t₹2.9t₹283.4b15.4x25x2.5x
Wed, 03 Nov 2021₹7.6t₹2.8t₹280.4b26.5x27x2.7x
Fri, 01 Oct 2021₹7.3t₹2.8t₹274.9b17.2x26.6x2.6x
Sun, 29 Aug 2021₹7.2t₹2.8t₹274.9b17.4x26.1x2.6x
Mon, 05 Jul 2021₹6.5t₹2.7t₹273.1b17.1x23.8x2.4x
Thu, 08 Apr 2021₹6.2t₹2.5t₹229.9b16.3x27.1x2.5x
Sun, 10 Jan 2021₹4.8t₹2.3t₹212.8b13.6x22.7x2.1x
Price to Earnings Ratio

24x


Total Market Cap: ₹4.3tTotal Earnings: ₹180.3bTotal Revenue: ₹2.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Basic Materials Industry Price to Earnings3Y Average 28.7x202120222023
Current Industry PE
  • Investors are optimistic on the Indian Basic Materials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 38.4x which is higher than its 3-year average PE of 28.7x.
  • The industry is trading close to its 3-year average PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Basic Materials industry have grown 3.0% per year over the last three years.
  • Revenues for these companies have grown 19% 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 Materials industry?

IN Market-2.60%
Materials-4.03%
Basic Materials-3.49%
Construction Materials-3.49%
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?

CompanyLast Price7D1YValuation
ULTRACEMCO UltraTech Cement₹8.40k0.9%
+₹22.0b
25.1%PE42.5x
500425 Ambuja Cements₹421.851.5%
+₹12.1b
-20.9%PE40.3x
500338 Prism Johnson₹141.3515.3%
+₹9.4b
15.2%PS0.9x
SHREECEM Shree Cement₹25.94k0.9%
+₹8.6b
14.1%PE59.9x
500380 JK Lakshmi Cement₹693.505.0%
+₹3.9b
25.4%PE25x
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Latest News

534076

₹691.05

RHI Magnesita India

7D

1.6%

1Y

6.9%

HIL

₹2,767.10

HIL

7D

-1.2%

1Y

-3.0%

500380

₹693.50

JK Lakshmi Cement

7D

5.0%

1Y

25.4%

ACC

₹1,887.00

ACC

7D

-0.5%

1Y

-21.1%

532486

₹497.35

Pokarna

7D

-4.5%

1Y

11.0%

500338

₹141.35

Prism Johnson

7D

15.3%

1Y

15.2%

500425

₹421.85

Ambuja Cements

7D

1.5%

1Y

-20.9%

RAMCOCEM

₹984.05

Ramco Cements

7D

0.9%

1Y

36.3%

532644

₹3,087.60

J.K. Cement

7D

-2.6%

1Y

13.8%

SHREECEM

₹25,943.55

Shree Cement

7D

0.9%

1Y

14.1%

GRASIM

₹1,878.80

Grasim Industries

7D

-1.3%

1Y

9.1%

KESORAMIND

₹76.70

Kesoram Industries

7D

-2.4%

1Y

35.4%