Mon, Aug 26, 2024

Industry Multiples in India Report 2024–24th Edition

/en/our-team/umakanta-panigrahi

Umakanta Panigrahi

/en/our-team/aviral-jain

Aviral Jain

/en/our-team/sanjay-ray

Sanjay Ray

We are pleased to launch the 24th edition of our Industry Multiples in India report. The report provides an overview of trading multiples for various key industries in India as of June 30, 2024, using constituents of the Standard and Poor’s (S&P) BSE LargeCap, S&P BSE MidCap and S&P BSE SmallCap indices.

Key Highlights

The World Bank’s latest Global Economic Prospects report projects global growth at 2.6% in 2024, with developing economies growing at 4.0% and advanced economies at 1.5%. The report highlights that India is set to remain the fastest-growing major economy, with a GDP growth forecast of 6.6% for FY25, followed by a projected growth of 6.7% and 6.8% in FY26 and FY27 respectively.
India’s GDP growth for FY24 is estimated at 8.2%, driven by industrial and services sectors, while inflation stays within the Reserve Bank’s target range of 2.0-6.0%.
Market capitalization of the companies in the chemicals industry has increased by 18.8% from Q1 CY24 - Q2 CY24. This sector has attracted USD 21.7 billion in FDI from April 2000 to September 2023 benefiting from 100% FDI under the automatic route.

Investments in Petroleum, Chemical and Petrochemical Investment Regions (PCPIRs) are expected to reach USD 420 billion. This sector contributes 12.0% to India’s total exports and is set for substantial growth across various metrics, driven by domestic consumption, favorable government policies and competitive advantages.
Market capitalization of the companies in the machinery industry has increased by 37.7% from Q1 CY24 - Q2 CY24. Majority of growth in this industry comes from the construction equipment industry in India. There is a high demand for construction equipment due to the government’s infrastructure led growth agenda.
Market capitalization of the companies in the household durables industry has increased by 20.6% from Q1 CY24 - Q2 CY24.

Connect with Us

Umakanta Panigrahi

Managing Director

Valuation Advisory Services

Mumbai

+91 22 6623 1002 Umakanta Panigrahi

Aviral Jain

Managing Director

Valuation Advisory Services

New Delhi

+91 (0)11 4935 9801 Aviral Jain

Sanjay Ray

Managing Director

Valuation Advisory Services

Mumbai

+91 99309 44313

Stay Ahead with Kroll

Valuation Advisory Services

Our valuation experts provide valuation services for financial reporting, tax, investment and risk management purposes.

Valuation Advisory Services

Valuation Services

When companies require an objective and independent assessment of value, they look to Kroll.

Valuation Services

Celebrity Brand Valuation Report 2023: Brands, Business, Bollywood

The Celebrity Brand Valuation report provides a ranking of India’s most powerful celebrity brands, based on brand values derived from their brand endorsement portfolios and relative social media presence.