Indian (NIFTY) Real Estate Sector Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies193
- 7D-3.1%
- 3M2.8%
- 1Y24.5%
- YTD25.0%
Over the last 7 days, the Real Estate industry has dropped 3.1%, driven by a pullback from Macrotech Developers of 3.0%. In the past year, the industry has gained 25%. As for the next few years, earnings are expected to grow by 25% per annum.
Sector Valuation and Performance
Has the Indian Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | ₹5.5t | ₹677.2b | ₹102.8b | 30.5x | 53.4x | 8.1x |
| Wed, 27 Sep 2023 | ₹5.4t | ₹671.2b | ₹88.7b | 29.2x | 61.4x | 8.1x |
| Fri, 25 Aug 2023 | ₹5.2t | ₹675.1b | ₹68.5b | 29.4x | 75.7x | 7.7x |
| Sun, 23 Jul 2023 | ₹5.2t | ₹662.7b | ₹77.7b | 29.8x | 67.6x | 7.9x |
| Tue, 20 Jun 2023 | ₹5.0t | ₹659.5b | ₹85.0b | 30.7x | 59.2x | 7.6x |
| Thu, 18 May 2023 | ₹4.5t | ₹660.2b | ₹106.5b | 25.1x | 42.6x | 6.9x |
| Sat, 15 Apr 2023 | ₹4.2t | ₹652.0b | ₹103.0b | 23.3x | 41x | 6.5x |
| Mon, 13 Mar 2023 | ₹3.9t | ₹646.4b | ₹102.8b | 23.3x | 38.2x | 6.1x |
| Wed, 08 Feb 2023 | ₹4.1t | ₹612.7b | ₹116.5b | 23.5x | 34.8x | 6.6x |
| Fri, 06 Jan 2023 | ₹4.2t | ₹610.7b | ₹114.2b | 25.8x | 37.2x | 6.9x |
| Sun, 04 Dec 2022 | ₹4.5t | ₹615.2b | ₹103.5b | 26.8x | 43.2x | 7.3x |
| Tue, 01 Nov 2022 | ₹4.3t | ₹594.1b | ₹104.5b | 30.2x | 40.9x | 7.2x |
| Thu, 29 Sep 2022 | ₹4.1t | ₹589.3b | ₹101.9b | 26.5x | 40.1x | 6.9x |
| Sat, 27 Aug 2022 | ₹4.4t | ₹589.4b | ₹95.8b | 26.4x | 45.7x | 7.4x |
| Mon, 25 Jul 2022 | ₹4.4t | ₹521.2b | ₹80.6b | 30.2x | 55x | 8.5x |
| Wed, 22 Jun 2022 | ₹4.0t | ₹545.4b | ₹77.5b | 26.8x | 51.9x | 7.4x |
| Fri, 20 May 2022 | ₹4.0t | ₹507.4b | ₹80.3b | 28.1x | 50.2x | 7.9x |
| Sun, 17 Apr 2022 | ₹4.6t | ₹489.7b | ₹69.8b | 30.2x | 66.3x | 9.5x |
| Tue, 15 Mar 2022 | ₹4.3t | ₹489.9b | ₹69.8b | 29.8x | 61.6x | 8.8x |
| Thu, 10 Feb 2022 | ₹4.7t | ₹486.7b | ₹68.1b | 33.1x | 69.2x | 9.7x |
| Sat, 08 Jan 2022 | ₹4.8t | ₹473.9b | ₹67.5b | 36x | 70.5x | 10x |
| Mon, 06 Dec 2021 | ₹4.7t | ₹473.8b | ₹67.4b | 25.5x | 70.4x | 10x |
| Wed, 03 Nov 2021 | ₹4.7t | ₹463.1b | ₹64.8b | 12.9x | 73.3x | 10.3x |
| Fri, 01 Oct 2021 | ₹4.5t | ₹438.4b | ₹54.5b | 35.6x | 83.2x | 10.3x |
| Sun, 29 Aug 2021 | ₹3.6t | ₹482.8b | ₹43.1b | 26.5x | 84.5x | 7.5x |
| Mon, 05 Jul 2021 | ₹3.3t | ₹482.8b | ₹43.1b | 25.7x | 76.2x | 6.8x |
| Thu, 08 Apr 2021 | ₹2.6t | ₹373.3b | ₹25.7b | 19.3x | 101.8x | 7x |
| Sun, 10 Jan 2021 | ₹2.2t | ₹363.7b | -₹23,124,655,028.00 | 19.5x | -94.6x | 6x |
Price to Earnings Ratio
-77.6x
Current Industry PE
- Investors are optimistic on the Indian Real Estate industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 53.4x which is higher than its 3-year average PE of 41.7x.
- The industry is trading close to its 3-year average PS ratio of 7.6x.
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 21% 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 sector?
| IN Market | -2.60% | |
| Real Estate | -3.11% | |
| Industrial REITs | 0.22% | |
| REITS | 0% | |
| Specialized REITs | 0% | |
| Residential REITs | 0% | |
| Hotel and Resort REITs | 0% | |
| Health Care REITs | 0% | |
| Office REITs | -0.96% | |
| Retail REITs | -2.73% | |
| Real Estate | -3.44% | |
Industry PE
- Investors are most optimistic about the Office REITs industry, which is trading close to its 3-year average PE ratio of 58.5x.
- Analysts are expecting annual earnings growth of 32.9%, which is higher than its past year's earnings decline of 41.5% per year.
Forecasted Growth
- Analysts are most optimistic on the Retail REITs industry, expecting annual earnings growth of 50% over the next 5 years.
- In contrast, the Real Estate industry is expected to see its earnings grow by 22% 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 |