Indian (NIFTY) Packaging Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies78
- 7D-4.0%
- 3M8.5%
- 1Y23.6%
- YTD28.5%
Over the last 7 days, the Packaging industry has dropped 4.0%, driven by EPL declining 2.0%. Meanwhile, Time Technoplast actually outperformed within the industry, gaining 9.3% in the last week. In the past year, the industry has gained 24%. As for the next few years, earnings are expected to grow by 23% per annum.
Industry Valuation and Performance
Has the Indian Packaging Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | ₹476.1b | ₹481.3b | ₹15.4b | 23.5x | 30.8x | 1x |
| Wed, 27 Sep 2023 | ₹455.3b | ₹483.1b | ₹14.8b | 24.1x | 30.8x | 0.9x |
| Fri, 25 Aug 2023 | ₹434.4b | ₹478.0b | ₹14.5b | 22.9x | 30x | 0.9x |
| Sun, 23 Jul 2023 | ₹428.3b | ₹490.1b | ₹23.2b | 19.9x | 18.5x | 0.9x |
| Tue, 20 Jun 2023 | ₹404.4b | ₹492.0b | ₹23.2b | 19.1x | 17.4x | 0.8x |
| Thu, 18 May 2023 | ₹376.1b | ₹497.7b | ₹27.2b | 17.4x | 13.8x | 0.8x |
| Sat, 15 Apr 2023 | ₹335.5b | ₹495.5b | ₹26.4b | 16.2x | 12.7x | 0.7x |
| Mon, 13 Mar 2023 | ₹326.1b | ₹495.5b | ₹26.3b | 16x | 12.4x | 0.7x |
| Wed, 08 Feb 2023 | ₹340.6b | ₹496.2b | ₹32.1b | 15.4x | 10.6x | 0.7x |
| Fri, 06 Jan 2023 | ₹357.4b | ₹492.9b | ₹31.7b | 14.6x | 11.3x | 0.7x |
| Sun, 04 Dec 2022 | ₹359.8b | ₹490.3b | ₹31.6b | 14.8x | 11.4x | 0.7x |
| Tue, 01 Nov 2022 | ₹369.3b | ₹472.1b | ₹30.7b | 16.2x | 12x | 0.8x |
| Thu, 29 Sep 2022 | ₹378.3b | ₹472.8b | ₹30.7b | 15.2x | 12.3x | 0.8x |
| Sat, 27 Aug 2022 | ₹377.0b | ₹482.3b | ₹30.1b | 13.9x | 12.5x | 0.8x |
| Mon, 25 Jul 2022 | ₹350.8b | ₹424.4b | ₹28.5b | 13.8x | 12.3x | 0.8x |
| Wed, 22 Jun 2022 | ₹312.7b | ₹449.9b | ₹28.2b | 14x | 11.1x | 0.7x |
| Fri, 20 May 2022 | ₹332.4b | ₹427.6b | ₹27.5b | 13.3x | 12.1x | 0.8x |
| Sun, 17 Apr 2022 | ₹364.2b | ₹409.8b | ₹26.0b | 14.7x | 14x | 0.9x |
| Tue, 15 Mar 2022 | ₹315.8b | ₹409.6b | ₹25.6b | 14x | 12.3x | 0.8x |
| Thu, 10 Feb 2022 | ₹343.0b | ₹384.0b | ₹25.5b | 14.7x | 13.5x | 0.9x |
| Sat, 08 Jan 2022 | ₹349.4b | ₹380.7b | ₹25.1b | 15.4x | 13.9x | 0.9x |
| Mon, 06 Dec 2021 | ₹323.9b | ₹380.7b | ₹25.1b | 11.9x | 12.9x | 0.9x |
| Wed, 03 Nov 2021 | ₹328.5b | ₹359.6b | ₹25.2b | 18.4x | 13x | 0.9x |
| Fri, 01 Oct 2021 | ₹340.8b | ₹357.0b | ₹25.3b | 13.9x | 13.5x | 1x |
| Sun, 29 Aug 2021 | ₹313.5b | ₹358.2b | ₹25.2b | 12x | 12.4x | 0.9x |
| Mon, 05 Jul 2021 | ₹326.9b | ₹358.4b | ₹25.2b | 13.1x | 13x | 0.9x |
| Thu, 08 Apr 2021 | ₹249.2b | ₹327.6b | ₹21.2b | 11.4x | 11.8x | 0.8x |
| Sun, 10 Jan 2021 | ₹239.0b | ₹309.4b | ₹17.5b | 9.5x | 13.7x | 0.8x |
Price to Earnings Ratio
15x
Current Industry PE
- Investors are optimistic on the Indian Packaging industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 30.8x which is higher than its 3-year average PE of 14.4x.
- The industry is trading close to its 3-year average PS ratio of 0.81x.
Past Earnings Growth
- The earnings for companies in the Packaging industry have grown 2.7% per year over the last three years.
- Revenues for these companies have grown 16% 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% | |
| Packaging | -4.03% | |
| Paper Packaging | -3.06% | |
| Metal and Glass Containers | -4.43% | |
Industry PE
- Investors are most optimistic about the Paper Packaging industry which is trading above its 3-year average PE ratio of 10.5x.
- Analysts are expecting annual earnings growth of 11.1%, which is higher than its past year's earnings decline of 16.1% per year.
- Investors are most pessimistic about the Metal and Glass Containers industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 21.3x.
Forecasted Growth
- Analysts are most optimistic on the Metal and Glass Containers industry, expecting annual earnings growth of 25% over the next 5 years.
- This is better than its past earnings growth rate of 13% per year.
- In contrast, the Paper Packaging industry is expected to see its earnings grow by 11% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TIMETECHNO Time Technoplast | ₹161.85 | 9.3% +₹3.1b | 57.7% | PE15.9x | |
| JAICORPLTD Jai | ₹303.65 | 2.8% +₹1.5b | 72.8% | PS10x | |
| 516064 Arrow Greentech | ₹475.10 | 21.2% +₹1.3b | 272.8% | PE27.4x | |
| 533080 Mold-Tek Packaging | ₹906.80 | 4.1% +₹1.2b | 0.03% | PE38.8x | |
| 509820 Huhtamaki India | ₹289.05 | 3.3% +₹706.1m | 32.0% | PE22x |