Indian (NIFTY) Real Estate Development Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies136
- 7D-3.9%
- 3M3.5%
- 1Y34.8%
- YTD33.2%
Over the last 7 days, the Real Estate Development industry has dropped 3.9%, driven by Macrotech Developers declining 3.0%. In contrast, D B Realty has gained 17%. This takes the industry's 12 month performance to a gain of 35%. Earnings are forecast to grow by 20% annually.
Industry Valuation and Performance
Has the Indian Real Estate Development Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Oct 2023 | ₹2.7t | ₹433.3b | ₹65.9b | 35.1x | 40.8x | 6.2x |
| Thu, 28 Sep 2023 | ₹2.7t | ₹428.8b | ₹52.6b | 33.6x | 51.1x | 6.3x |
| Sat, 26 Aug 2023 | ₹2.5t | ₹433.4b | ₹32.8b | 30.6x | 75.8x | 5.7x |
| Mon, 24 Jul 2023 | ₹2.4t | ₹424.8b | ₹31.5b | 30.1x | 77.5x | 5.7x |
| Wed, 21 Jun 2023 | ₹2.3t | ₹411.9b | ₹37.8b | 30.5x | 59.9x | 5.5x |
| Fri, 19 May 2023 | ₹1.9t | ₹412.8b | ₹56.4b | 21.6x | 34.4x | 4.7x |
| Sun, 16 Apr 2023 | ₹1.9t | ₹407.9b | ₹51.5b | 21.9x | 36.7x | 4.6x |
| Tue, 14 Mar 2023 | ₹1.7t | ₹402.4b | ₹51.3b | 24.9x | 34x | 4.3x |
| Thu, 09 Feb 2023 | ₹1.9t | ₹375.9b | ₹64.4b | 25.1x | 28.8x | 4.9x |
| Sat, 07 Jan 2023 | ₹1.9t | ₹372.7b | ₹63.8b | 26.4x | 29.9x | 5.1x |
| Mon, 05 Dec 2022 | ₹2.0t | ₹377.7b | ₹53.4b | 28.8x | 38.1x | 5.4x |
| Wed, 02 Nov 2022 | ₹1.9t | ₹364.5b | ₹50.5b | 31.4x | 37.7x | 5.2x |
| Fri, 30 Sep 2022 | ₹1.8t | ₹361.9b | ₹49.9b | 28.8x | 36.8x | 5.1x |
| Sun, 28 Aug 2022 | ₹2.0t | ₹361.9b | ₹43.8b | 27.6x | 45.6x | 5.5x |
| Tue, 26 Jul 2022 | ₹2.0t | ₹338.7b | ₹40.2b | 27.8x | 49.3x | 5.8x |
| Thu, 23 Jun 2022 | ₹1.7t | ₹332.6b | ₹36.8b | 26.3x | 46.6x | 5.2x |
| Sat, 21 May 2022 | ₹1.8t | ₹308.5b | ₹43.8b | 26.3x | 41.9x | 5.9x |
| Mon, 18 Apr 2022 | ₹2.1t | ₹288.8b | ₹34.8b | 27.9x | 60.4x | 7.3x |
| Wed, 16 Mar 2022 | ₹1.9t | ₹288.9b | ₹34.8b | 28.5x | 55.8x | 6.7x |
| Fri, 11 Feb 2022 | ₹2.2t | ₹292.4b | ₹35.1b | 32.1x | 63.4x | 7.6x |
| Sun, 09 Jan 2022 | ₹2.3t | ₹280.1b | ₹31.8b | 34.4x | 71.7x | 8.1x |
| Tue, 07 Dec 2021 | ₹2.3t | ₹280.0b | ₹31.8b | 24x | 72.6x | 8.2x |
| Thu, 04 Nov 2021 | ₹2.4t | ₹277.8b | ₹31.8b | 31.1x | 75.3x | 8.6x |
| Sat, 02 Oct 2021 | ₹2.1t | ₹257.0b | ₹23.4b | 28.8x | 87.7x | 8x |
| Mon, 30 Aug 2021 | ₹1.6t | ₹287.7b | ₹8.1b | 22.5x | 195.1x | 5.5x |
| Tue, 06 Jul 2021 | ₹1.3t | ₹287.7b | ₹8.1b | 18.3x | 161.9x | 4.5x |
| Fri, 09 Apr 2021 | ₹938.9b | ₹212.8b | ₹216.5m | 17.2x | 4335.9x | 4.4x |
| Thu, 31 Dec 2020 | ₹889.6b | ₹227.6b | -₹19,378,262,002.00 | 20x | -45.9x | 3.9x |
Price to Earnings Ratio
-32.9x
Current Industry PE
- Investors are pessimistic on the Indian Real Estate Development industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 40.8x which is lower than its 3-year average PE of 275x.
- The 3-year average PS ratio of 5.5x is lower than the industry's current PS ratio of 6.2x.
Past Earnings Growth
- Total earnings for the Real Estate Development industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 22% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Indian Real Estate Development compare with similar industries?
| IN Market | -2.60% | |
| Real Estate | -3.11% | |
| Real Estate | -3.44% | |
| Real Estate Development | -3.88% | |
| Real Estate Services | -0.32% | |
| Real Estate Operating Companies | -1.95% | |
| Diversified Real Estate | -2.93% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 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 | |
| GODREJPROP Godrej Properties | ₹1.64k | 0.6% +₹2.5b | 29.8% | PE70x |