Here's What's Concerning About IFB Industries' (NSE:IFBIND) Returns On Capital
Apr 25
Indian (NIFTY) Household Appliances Industry Analysis
UpdatedMay 09, 2024
DataAggregated Company Financials
Companies24
- 7D-0.1%
- 3M0.3%
- 1Y16.4%
- YTDn/a
Over the last 7 days, the Household Appliances industry has dropped 1.1%, driven by a pullback from Whirlpool of India of 4.4%. Meanwhile, Crompton Greaves Consumer Electricals actually outperformed within the industry, gaining 6.8% in the last week. In the past year, the industry has gained 15%. Earnings are forecast to grow by 33% annually.
Industry Valuation and Performance
Has the Indian Household Appliances Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 09 May 2024 | ₹1.1t | ₹476.2b | ₹16.6b | 59x | 69.1x | 2.4x |
| Sat, 06 Apr 2024 | ₹1.1t | ₹475.9b | ₹16.2b | 59.6x | 67.2x | 2.3x |
| Mon, 04 Mar 2024 | ₹1.1t | ₹476.1b | ₹16.2b | 63.8x | 68.1x | 2.3x |
| Wed, 31 Jan 2024 | ₹1.1t | ₹474.3b | ₹16.5b | 58.7x | 69.2x | 2.4x |
| Fri, 29 Dec 2023 | ₹1.1t | ₹457.2b | ₹15.9b | 60.8x | 67.3x | 2.3x |
| Sun, 26 Nov 2023 | ₹1.1t | ₹457.3b | ₹15.9b | 62.5x | 69.2x | 2.4x |
| Tue, 24 Oct 2023 | ₹1.1t | ₹457.7b | ₹16.7b | 55x | 64.9x | 2.4x |
| Thu, 21 Sep 2023 | ₹1.1t | ₹456.5b | ₹16.9b | 57.8x | 66.9x | 2.5x |
| Sat, 19 Aug 2023 | ₹1.1t | ₹456.6b | ₹16.8b | 60.1x | 65.8x | 2.4x |
| Mon, 17 Jul 2023 | ₹1.1t | ₹463.1b | ₹16.1b | 51.8x | 66.3x | 2.3x |
| Wed, 14 Jun 2023 | ₹1.0t | ₹459.8b | ₹16.0b | 53.3x | 65.2x | 2.3x |
| Fri, 12 May 2023 | ₹963.8b | ₹442.2b | ₹16.3b | 50.4x | 59.2x | 2.2x |
| Sun, 09 Apr 2023 | ₹996.1b | ₹442.9b | ₹16.8b | 48.7x | 59.5x | 2.2x |
| Tue, 07 Mar 2023 | ₹1.1t | ₹442.9b | ₹16.8b | 54.4x | 63.4x | 2.4x |
| Thu, 02 Feb 2023 | ₹1.1t | ₹437.6b | ₹16.1b | 42x | 65.7x | 2.4x |
| Sat, 31 Dec 2022 | ₹1.1t | ₹434.0b | ₹17.1b | 41.8x | 64x | 2.5x |
| Mon, 28 Nov 2022 | ₹1.1t | ₹419.2b | ₹17.1b | 40.6x | 65.7x | 2.7x |
| Wed, 26 Oct 2022 | ₹1.2t | ₹414.0b | ₹21.6b | 40.9x | 53.9x | 2.8x |
| Fri, 23 Sep 2022 | ₹1.2t | ₹415.8b | ₹22.1b | 46.3x | 55x | 2.9x |
| Sun, 21 Aug 2022 | ₹1.2t | ₹414.6b | ₹22.0b | 44.1x | 55.4x | 2.9x |
| Tue, 19 Jul 2022 | ₹1.2t | ₹367.3b | ₹17.5b | 43.1x | 66.5x | 3.2x |
| Thu, 16 Jun 2022 | ₹1.0t | ₹366.1b | ₹17.4b | 45x | 58.9x | 2.8x |
| Sat, 14 May 2022 | ₹1.1t | ₹353.7b | ₹23.0b | 50.2x | 48.2x | 3.1x |
| Mon, 11 Apr 2022 | ₹1.2t | ₹353.8b | ₹23.4b | 43.2x | 52.2x | 3.5x |
| Wed, 09 Mar 2022 | ₹1.1t | ₹353.8b | ₹23.4b | 37.3x | 46.2x | 3.1x |
| Fri, 04 Feb 2022 | ₹1.2t | ₹354.2b | ₹24.7b | 39.7x | 48.8x | 3.4x |
| Sun, 02 Jan 2022 | ₹1.2t | ₹350.5b | ₹25.6b | 43.2x | 48.3x | 3.5x |
| Tue, 30 Nov 2021 | ₹1.2t | ₹350.5b | ₹25.6b | 43.3x | 47.7x | 3.5x |
| Thu, 28 Oct 2021 | ₹1.3t | ₹338.0b | ₹22.1b | 51.9x | 59.8x | 3.9x |
| Sat, 25 Sep 2021 | ₹1.3t | ₹334.4b | ₹21.7b | 47.7x | 61x | 4x |
| Mon, 23 Aug 2021 | ₹1.2t | ₹334.4b | ₹21.7b | 46.1x | 54.1x | 3.5x |
| Sat, 10 Jul 2021 | ₹1.2t | ₹334.4b | ₹21.7b | 45.8x | 55.9x | 3.6x |
Price to Earnings Ratio
58.1x
Current Industry PE
- Investors are optimistic on the Indian Household Appliances industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 68.4x which is higher than its 3-year average PE of 60.0x.
- The 3-year average PS ratio of 2.9x is higher than the industry's current PS ratio of 2.4x.
Past Earnings Growth
- The earnings for companies in the Household Appliances industry have declined 6.3% per year over the last three years.
- Meanwhile revenues for these companies have grown 16% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Indian Household Appliances compare with similar industries?
| IN Market | -1.48% | |
| Consumer Discretionary | -1.19% | |
| Consumer Durables | -0.067% | |
| Household Appliances | -0.11% | |
| Consumer Electronics | 0.77% | |
| Homebuilding | 0% | |
| Housewares and Specialties | -0.85% | |
| Home Furnishings | -1.28% | |
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 | |
|---|---|---|---|---|---|
| CROMPTON Crompton Greaves Consumer Electricals | ₹335.80 | 3.6% +₹7.6b | 30.7% | PE49.9x | |
| 508486 Hawkins Cookers | ₹6.40k | 0.3% +₹117.1m | -0.05% | PE34.3x | |
| DENEERS De Neers Tools | ₹214.00 | 2.9% +₹51.6m | 18.6% | PE20.6x | |
| 522237 Shivagrico Implements | ₹24.56 | 6.1% +₹7.1m | 15.7% | PE242.4x | |
| 505840 Jaipan Industries | ₹41.67 | 1.4% +₹3.6m | 33.2% | PE194x |
