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Indian (NIFTY) Construction Materials Industry Analysis

UpdatedOct 29, 2023
DataAggregated Company Financials
Companies66
  • 7D-3.5%
  • 3M-0.3%
  • 1Y11.1%
  • YTD4.4%

Over the last 7 days, the Construction Materials industry has dropped 3.5%, driven by a pullback from UltraTech Cement of 3.0%. Meanwhile, Prism Johnson actually outperformed within the industry, gaining 6.1% in the last week. In the past year, the industry has gained 11%. Looking forward, earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 29 Oct 2023₹7.6t₹3.7t₹196.8b30.8x38.4x2x
Tue, 26 Sep 2023₹7.7t₹3.7t₹185.2b30x41.6x2.1x
Thu, 24 Aug 2023₹7.5t₹3.7t₹184.0b32.3x40.7x2x
Sat, 22 Jul 2023₹7.3t₹3.6t₹185.4b34.1x39.3x2x
Mon, 19 Jun 2023₹7.7t₹3.6t₹185.8b31.5x41.2x2.1x
Wed, 17 May 2023₹7.1t₹3.5t₹210.6b24.6x33.6x2x
Fri, 14 Apr 2023₹7.0t₹3.4t₹210.3b23.2x33.3x2x
Sun, 12 Mar 2023₹6.7t₹3.4t₹210.0b24.4x32x2x
Tue, 07 Feb 2023₹6.7t₹3.4t₹206.1b25.2x32.5x2x
Thu, 05 Jan 2023₹7.1t₹3.3t₹213.8b23.5x33.4x2.1x
Sat, 03 Dec 2022₹7.5t₹3.3t₹213.8b25.7x35.1x2.2x
Mon, 31 Oct 2022₹6.7t₹3.3t₹234.3b21.8x28.8x2.1x
Wed, 28 Sep 2022₹6.6t₹3.2t₹256.5b19.7x25.8x2.1x
Fri, 26 Aug 2022₹6.4t₹3.2t₹256.5b19x25.1x2x
Sun, 24 Jul 2022₹6.2t₹3.1t₹262.9b17.2x23.5x2x
Tue, 21 Jun 2022₹5.4t₹3.0t₹270.6b14.9x19.8x1.8x
Thu, 19 May 2022₹6.1t₹3.0t₹268.4b15.3x22.8x2.1x
Sat, 16 Apr 2022₹6.8t₹3.0t₹270.3b16.2x25.1x2.3x
Mon, 14 Mar 2022₹6.0t₹2.9t₹271.4b15.5x22x2.1x
Wed, 09 Feb 2022₹7.1t₹2.9t₹277.5b15.5x25.4x2.5x
Fri, 07 Jan 2022₹7.3t₹2.9t₹283.4b8.8x25.9x2.6x
Sun, 05 Dec 2021₹7.1t₹2.9t₹283.4b15.4x25x2.5x
Tue, 02 Nov 2021₹7.6t₹2.8t₹280.6b17.2x27x2.7x
Thu, 30 Sep 2021₹7.4t₹2.8t₹274.9b17.3x26.7x2.7x
Sat, 28 Aug 2021₹7.2t₹2.8t₹274.9b17.4x26.1x2.6x
Sun, 04 Jul 2021₹6.5t₹2.7t₹273.1b17.1x23.8x2.4x
Wed, 07 Apr 2021₹6.2t₹2.5t₹229.9b16.3x27.1x2.5x
Sat, 09 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 Construction Materials Industry Price to Earnings3Y Average 28.7x202120222023
Current Industry PE
  • Investors are optimistic on the Indian Construction 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 Construction 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 Comparison

How does Indian Construction Materials compare with similar industries?

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
500338 Prism Johnson₹135.756.1%
+₹3.9b		10.8%PS0.9x
RAMCOIND Ramco Industries₹214.1010.8%
+₹1.8b		17.7%PE18.3x
502157 Mangalam Cement₹396.557.6%
+₹768.5m		11.9%PE293.2x
500380 JK Lakshmi Cement₹680.450.5%
+₹364.8m		23.6%PE24.6x
531168 Associated Ceramics₹280.258.2%
+₹63.7m		n/an/a
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500380

₹680.45

JK Lakshmi Cement

7D

0.5%

1Y

23.6%

500335

₹1,168.45

Birla

7D

-6.3%

1Y

29.4%

ACC

₹1,878.00

ACC

7D

-4.3%

1Y

-19.2%

RAMCOIND

₹214.10

Ramco Industries

7D

10.8%

1Y

17.7%

Returns On Capital Signal Tricky Times Ahead For Ramco Industries (NSE:RAMCOIND)

Oct 26
Returns On Capital Signal Tricky Times Ahead For Ramco Industries (NSE:RAMCOIND)

BIGBLOC

₹161.30

Bigbloc Construction

7D

0.4%

1Y

16.0%

500338

₹135.75

Prism Johnson

7D

6.1%

1Y

10.8%

500425

₹417.50

Ambuja Cements

7D

-3.1%

1Y

-19.7%

ULTRACEMCO

₹8,210.15

UltraTech Cement

7D

-3.0%

1Y

27.4%

Returns Are Gaining Momentum At UltraTech Cement (NSE:ULTRACEMCO)

Oct 23
Returns Are Gaining Momentum At UltraTech Cement (NSE:ULTRACEMCO)

DALBHARAT

₹2,038.50

Dalmia Bharat

7D

-5.5%

1Y

33.0%

Is Dalmia Bharat (NSE:DALBHARAT) A Risky Investment?

Oct 23
Is Dalmia Bharat (NSE:DALBHARAT) A Risky Investment?

502157

₹396.55

Mangalam Cement

7D

7.6%

1Y

11.9%

532644

₹3,076.30

J.K. Cement

7D

-6.8%

1Y

18.3%

SHREECEM

₹25,514.50

Shree Cement

7D

-2.2%

1Y

17.1%

GRASIM

₹1,856.00

Grasim Industries

7D

-4.6%

1Y

10.2%

500322

₹28.35

Panyam Cements and Mineral Industries

7D

21.5%

1Y

n/a

518011

₹139.65

Keerthi Industries

7D

1.2%

1Y

2.4%

531168

₹280.25

Associated Ceramics

7D

8.2%

1Y

n/a