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May 08
Indian (NIFTY) Textiles Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies206
- 7D-1.8%
- 3M-3.2%
- 1Y42.0%
- YTDn/a
Over the last 7 days, the Textiles industry has dropped 1.8%, driven by Swan Energy declining 8.8%. On the other hand Arvind is actually up 15%. This takes the industry's 12 month performance to a gain of 42%. Earnings are forecast to grow by 15% annually.
Industry Valuation and Performance
Has the Indian Textiles Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | ₹1.7t | ₹1.4t | ₹81.7b | 23.7x | 20.2x | 1.2x |
| Fri, 05 Apr 2024 | ₹1.7t | ₹1.3t | ₹52.0b | 22.8x | 31.7x | 1.2x |
| Sun, 03 Mar 2024 | ₹1.7t | ₹1.3t | ₹51.8b | 23.6x | 32.9x | 1.3x |
| Tue, 30 Jan 2024 | ₹1.6t | ₹1.3t | ₹36.1b | 22.3x | 43.6x | 1.2x |
| Thu, 28 Dec 2023 | ₹1.4t | ₹1.3t | ₹35.3b | 21.1x | 40.9x | 1.1x |
| Sat, 25 Nov 2023 | ₹1.4t | ₹1.3t | ₹35.2b | 21.7x | 40.8x | 1.1x |
| Mon, 23 Oct 2023 | ₹1.3t | ₹1.3t | ₹35.1b | 19.5x | 38.4x | 1x |
| Wed, 20 Sep 2023 | ₹1.3t | ₹1.3t | ₹34.8b | 19.4x | 38.6x | 1x |
| Fri, 18 Aug 2023 | ₹1.3t | ₹1.3t | ₹36.5b | 17.7x | 34.5x | 0.9x |
| Sun, 16 Jul 2023 | ₹1.2t | ₹1.4t | ₹36.9b | 17.1x | 33.2x | 0.9x |
| Tue, 13 Jun 2023 | ₹1.2t | ₹1.4t | ₹37.9b | 15.6x | 31.6x | 0.9x |
| Thu, 11 May 2023 | ₹1.1t | ₹1.4t | ₹50.6b | 12.7x | 22.3x | 0.8x |
| Sat, 08 Apr 2023 | ₹1.0t | ₹1.4t | ₹55.6b | 11.2x | 18.8x | 0.7x |
| Mon, 06 Mar 2023 | ₹1.1t | ₹1.4t | ₹55.6b | 11.7x | 19.3x | 0.8x |
| Wed, 01 Feb 2023 | ₹1.2t | ₹1.4t | ₹81.8b | 10.5x | 14.2x | 0.8x |
| Fri, 30 Dec 2022 | ₹1.2t | ₹1.5t | ₹89.3b | 11.2x | 13.2x | 0.8x |
| Sun, 27 Nov 2022 | ₹1.2t | ₹1.5t | ₹90.6b | 10.9x | 12.7x | 0.8x |
| Tue, 25 Oct 2022 | ₹1.1t | ₹1.5t | ₹97.5b | 9.1x | 11.5x | 0.8x |
| Thu, 22 Sep 2022 | ₹1.2t | ₹1.5t | ₹98.1b | 9.7x | 11.9x | 0.8x |
| Sat, 20 Aug 2022 | ₹1.1t | ₹1.5t | ₹98.1b | 9.1x | 11.4x | 0.8x |
| Mon, 18 Jul 2022 | ₹1.0t | ₹1.4t | ₹97.3b | 8.9x | 10.7x | 0.8x |
| Wed, 15 Jun 2022 | ₹1.1t | ₹1.4t | ₹97.3b | 8.5x | 11.1x | 0.8x |
| Fri, 13 May 2022 | ₹1.2t | ₹1.3t | ₹111.3b | 8.8x | 10.7x | 0.9x |
| Sun, 10 Apr 2022 | ₹1.4t | ₹1.3t | ₹110.3b | 9.7x | 12.4x | 1.1x |
| Tue, 08 Mar 2022 | ₹1.2t | ₹1.3t | ₹110.3b | 8.8x | 10.9x | 0.9x |
| Thu, 03 Feb 2022 | ₹1.4t | ₹1.2t | ₹104.5b | 10.9x | 13.8x | 1.2x |
| Sat, 01 Jan 2022 | ₹1.3t | ₹1.2t | ₹97.0b | 9.4x | 13.6x | 1.1x |
| Mon, 29 Nov 2021 | ₹1.2t | ₹1.2t | ₹87.7b | 8.5x | 14.1x | 1.1x |
| Wed, 27 Oct 2021 | ₹1.1t | ₹1.1t | ₹41.4b | 11.4x | 27.3x | 1x |
| Fri, 24 Sep 2021 | ₹1.0t | ₹1.1t | ₹38.0b | 10.5x | 26.4x | 0.9x |
| Sun, 22 Aug 2021 | ₹956.2b | ₹1.1t | ₹63.9b | 10.2x | 15x | 0.9x |
| Fri, 09 Jul 2021 | ₹827.0b | ₹1.1t | ₹63.9b | 9x | 12.9x | 0.7x |
Price to Earnings Ratio
26.9x
Current Industry PE
- Investors are relatively neutral on the Indian Textiles 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 22.0x.
- The 3-year average PS ratio of 0.94x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Textiles industry have grown 43% per year over the last three years.
- Revenues for these companies have grown 14% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Textiles compare with similar industries?
| IN Market | -1.98% | |
| Consumer Discretionary | -2.07% | |
| Luxury | -5.07% | |
| Textiles | -1.75% | |
| Footwear | -1.48% | |
| Apparel, Accessories and Luxury Goods | -6.40% | |
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 | |
|---|---|---|---|---|---|
| 500101 Arvind | ₹363.20 | 15.3% +₹12.6b | 241.2% | PE28.2x | |
| RAYMOND Raymond | ₹2.18k | 3.7% +₹5.2b | 40.1% | PE8.9x | |
| CENTENKA Century Enka | ₹555.90 | 17.6% +₹1.8b | 40.3% | PE32.9x | |
| 526885 Sarla Performance Fibers | ₹77.64 | 17.0% +₹943.6m | 94.3% | PE30.1x | |
| PASHUPATI Pashupati Cotspin | ₹154.20 | 45.2% +₹733.6m | 57.3% | PE63.8x |
