Indian (NIFTY) Real Estate Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies188
- 7D-3.4%
- 3M3.7%
- 1Y34.0%
- YTD33.1%
Over the last 7 days, the Real Estate industry has dropped 3.4%, driven by a pullback from Macrotech Developers of 3.0%. In the past year, the industry has gained 34%. Earnings are forecast to grow by 22% annually.
Industry Valuation and Performance
Has the Indian Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | ₹4.8t | ₹590.7b | ₹94.9b | 28.4x | 50.8x | 8.2x |
| Wed, 27 Sep 2023 | ₹4.8t | ₹585.3b | ₹81.8b | 26.7x | 58.4x | 8.2x |
| Fri, 25 Aug 2023 | ₹4.5t | ₹589.2b | ₹61.6b | 28.1x | 73.3x | 7.7x |
| Sun, 23 Jul 2023 | ₹4.4t | ₹579.0b | ₹70.5b | 27.6x | 62.5x | 7.6x |
| Tue, 20 Jun 2023 | ₹4.2t | ₹575.7b | ₹77.7b | 28.2x | 54.1x | 7.3x |
| Thu, 18 May 2023 | ₹3.8t | ₹576.3b | ₹97.7b | 23.2x | 39.4x | 6.7x |
| Sat, 15 Apr 2023 | ₹3.5t | ₹570.2b | ₹90.2b | 21.9x | 39.1x | 6.2x |
| Mon, 13 Mar 2023 | ₹3.3t | ₹564.7b | ₹90.0b | 21.9x | 36.3x | 5.8x |
| Wed, 08 Feb 2023 | ₹3.4t | ₹532.1b | ₹103.3b | 22.8x | 32.7x | 6.4x |
| Fri, 06 Jan 2023 | ₹3.5t | ₹532.6b | ₹100.3b | 24.8x | 34.9x | 6.6x |
| Sun, 04 Dec 2022 | ₹3.7t | ₹537.1b | ₹89.7b | 26.3x | 41.6x | 6.9x |
| Tue, 01 Nov 2022 | ₹3.5t | ₹519.4b | ₹83.3b | 28.6x | 42x | 6.7x |
| Thu, 29 Sep 2022 | ₹3.3t | ₹516.0b | ₹80.0b | 24.4x | 41.3x | 6.4x |
| Sat, 27 Aug 2022 | ₹3.6t | ₹516.0b | ₹74.0b | 25.7x | 48.4x | 6.9x |
| Mon, 25 Jul 2022 | ₹3.5t | ₹482.4b | ₹60.2b | 27.1x | 57.8x | 7.2x |
| Wed, 22 Jun 2022 | ₹3.1t | ₹476.4b | ₹56.9b | 26.3x | 54.1x | 6.5x |
| Fri, 20 May 2022 | ₹3.1t | ₹450.7b | ₹64.7b | 26.6x | 47.6x | 6.8x |
| Sun, 17 Apr 2022 | ₹3.7t | ₹433.4b | ₹56.7b | 29.7x | 64.8x | 8.5x |
| Tue, 15 Mar 2022 | ₹3.4t | ₹433.6b | ₹56.7b | 28.5x | 59.4x | 7.8x |
| Thu, 10 Feb 2022 | ₹3.8t | ₹436.8b | ₹57.1b | 32.5x | 66x | 8.6x |
| Sat, 08 Jan 2022 | ₹3.9t | ₹425.7b | ₹56.4b | 32x | 68.5x | 9.1x |
| Mon, 06 Dec 2021 | ₹3.9t | ₹425.7b | ₹56.4b | 24.6x | 68.6x | 9.1x |
| Wed, 03 Nov 2021 | ₹3.9t | ₹416.4b | ₹54.3b | 12.9x | 71.4x | 9.3x |
| Fri, 01 Oct 2021 | ₹3.7t | ₹393.7b | ₹43.6b | 32.8x | 84.8x | 9.4x |
| Sun, 29 Aug 2021 | ₹2.8t | ₹424.7b | ₹28.4b | 25.7x | 98.4x | 6.6x |
| Mon, 05 Jul 2021 | ₹2.5t | ₹424.7b | ₹28.4b | 23.5x | 86.6x | 5.8x |
| Thu, 08 Apr 2021 | ₹2.1t | ₹335.0b | ₹15.2b | 18.6x | 135.3x | 6.2x |
| Sun, 10 Jan 2021 | ₹1.9t | ₹340.8b | -₹30,218,725,028.00 | 19.4x | -61.6x | 5.5x |
Price to Earnings Ratio
-47.9x
Current Industry PE
- Investors are relatively neutral on the Indian Real Estate 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 49.7x.
- The 3-year average PS ratio of 6.9x is lower than the industry's current PS ratio of 8.2x.
Past Earnings Growth
- Total earnings for the Real Estate industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 18% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Real Estate industry?
| IN Market | -2.60% | |
| Real Estate | -3.11% | |
| Real Estate | -3.44% | |
| Real Estate Services | -0.32% | |
| Real Estate Operating Companies | -1.95% | |
| Diversified Real Estate | -2.93% | |
| Real Estate Development | -3.88% | |
Industry PE
- Investors are most optimistic about the Diversified Real Estate industry which is trading above its 3-year average PE ratio of 47.1x.
- Analysts expect its future annual earnings growth (25.6%) to be largely in line with prior year's earnings growth.
- Investors are most pessimistic about the Real Estate Operating Companies industry, which is trading below its 3-year average of 30.6x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Real Estate industry, expecting annual earnings growth of 26% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Real Estate Operating Companies industry is expected to see its earnings grow by 6.4% 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 | |
|---|---|---|---|---|---|
| DLF DLF | ₹554.45 | 4.0% +₹53.2b | 43.8% | PE65.6x | |
| 533160 D B Realty | ₹167.95 | 17.2% +₹12.4b | 63.3% | PS12.1x | |
| OBEROIRLTY Oberoi Realty | ₹1.12k | 3.0% +₹11.9b | 20.9% | PE20.7x | |
| 515055 Anant Raj | ₹240.05 | 7.9% +₹5.7b | 110.9% | PE37.8x | |
| SIGNATURE Signatureglobal (India) | ₹565.05 | 6.8% +₹5.0b | n/a | PS6.7x |