Sector analysis · India
Consumer Durables sector earnings growth, Q1 FY25
The 20 largest Consumer Durables companies by market cap at the end of Q1 FY25 (30 Jun 2024), compared with Q4 FY24.
The top 20 at Q1 FY25
Q1 FY25 vs Q4 FY24: combined net profit ₹4,797 cr (+10%), median EPS +6% (12 of 20 up), market-cap-weighted price +7%. 20 of 20 reported.
| # | Company | Weight | EPS ₹, base → now | EPS growth | Contribution | Price |
|---|---|---|---|---|---|---|
| 1 | Titan Company Limited | 24.9% | 8.68 → 8.05 | −7% | −1.3 pp | −10% |
| 2 | Asian Paints Limited | 23.1% | 13.10 → 12.20 | −7% | −2.0 pp | +2% |
| 3 | Havells India Limited | 9.4% | 7.13 → 6.51 | −9% | −0.9 pp | +20% |
| 4 | Dixon Technologies (India) Limited | 5.9% | 15.91 → 22.34 | +40% | +0.9 pp | +60% |
| 5 | Berger Paints (I) Limited | 4.8% | 1.91 → 3.03 | +59% | +3.0 pp | −12% |
| 6 | Kalyan Jewellers India Limited | 4.3% | 1.34 → 1.72 | +28% | +0.9 pp | +17% |
| 7 | Voltas Limited | 4.0% | 3.52 → 10.10 | +187% | +5.0 pp | +33% |
| 8 | Blue Star | 2.8% | 7.77 → 8.21 | +6% | +0.2 pp | +28% |
| 9 | Metro Brands Limited | 2.8% | 5.71 → 3.37 | −41% | −1.5 pp | +6% |
| 10 | Crompton Greaves Consumer Electricals Limited | 2.2% | 2.15 → 2.36 | +10% | +0.3 pp | +52% |
| 11 | Whirlpool of India Limited | 2.1% | 6.12 → 11.34 | +85% | +1.5 pp | +64% |
| 12 | Kajaria Ceramics Limited | 1.8% | 6.43 → 5.64 | −12% | −0.3 pp | +22% |
| 13 | Kansai Nerolac Paints Limited | 1.8% | 1.44 → 2.86 | +99% | +2.6 pp | +3% |
| 14 | Relaxo Footwears Limited | 1.7% | 2.47 → 1.78 | −28% | −0.4 pp | +1% |
| 15 | Bata India | 1.6% | 4.95 → 13.54 | +174% one-off | +2.5 pp | +11% |
| 16 | V-Guard Industries Limited | 1.5% | 1.75 → 2.28 | +30% | +0.5 pp | +30% |
| 17 | Cello World | 1.5% | 4.18 → 4.20 | 0% | 0.0 pp | +14% |
| 18 | Century Plyboards (India) Limited | 1.4% | 3.58 → 1.55 | −57% | −1.0 pp | +19% |
| 19 | Amber Enterprises India Limited | 1.3% | 28.10 → 21.48 | −24% | −0.5 pp | +24% |
| 20 | JSW Dulux Limited | 1.1% | 23.86 → 25.17 | +5% | +0.1 pp | +19% |
| Sector earnings growth | 100% | +9.8 pp |
Who joined and who left
0 joined and 0 left the top 20 since Q4 FY24, as market caps moved.
Joined the top 20 since Q4 FY24
Left the top 20 since Q4 FY24
EPS growth by company, Q2 FY24 to Q1 FY27
Each company's EPS growth quarter on quarter, every quarter it was in the top 20.
| Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TITAN | +22% | +15% | −27% | −7% | −1% | +49% | −17% | +25% | +3% | +50% | −30% | +51% |
| ASIANPAINT | −22% | +20% | −13% | −7% | −41% | +60% | −38% | +59% | −10% | +7% | +11% | +31% |
| HAVELLS | −14% | +16% | +55% | −9% | −34% | +4% | +86% | −33% | −8% | −6% | +140% | −60% |
| DIXON | +56% | −11% | −1% | +40% | +192% | −56% | +133% | −44% | +198% | −57% | −11% | +158% |
| BERGEPAINT | −18% | +3% | −26% | +59% | −23% | +9% | −11% | +20% | −34% | +32% | +23% | +21% |
| KALYANKJIL | −6% | +34% | −23% | +28% | −26% | +67% | −14% | +41% | −2% | +60% | −1% | −15% |
| VOLTAS | −72% | to loss | turned profitable | +187% | −60% | −1% | +82% | −42% | −75% | +147% | +37% | +84% |
| BLUESTARCO | −21% | +42% | +59% | +6% | −43% | +38% | +46% | −38% | −18% | −19% | +182% | −55% |
| METROBRAND | −28% | +47% | +59% | −41% | −24% | +36% | 0% | +4% | −31% | +89% | −9% | −20% |
| CROMPTON | −18% | −12% | +60% | +10% | −18% | −12% | +54% | −28% | −42% | +38% | to loss | turned profitable |
| WHIRLPOOL | −51% | −23% | +177% | +85% | −64% | −16% | +172% | +22% | −72% | outside | +202% | outside |
| KAJARIACER | 0% | −4% | −2% | −12% | −6% | −8% | −45% | +156% | +22% | −34% | +77% | +9% |
| KANSAINER | −76% | −13% | −25% | +99% | −47% | +454% | −84% | +104% | −39% | −10% | −7% | +106% |
| RELAXO | −21% | −13% | +59% | −28% | −17% | outside | outside | outside | outside | outside | outside | outside |
| BATAINDIA | −68% | +71% | +10% | +174% | −70% | +13% | −22% | +13% | −73% | +376% | outside | outside |
| VGUARD | −8% | −1% | +31% | +30% | −36% | −5% | +51% | −19% | −11% | −13% | +96% | +16% |
| CELLO | outside | +6% | +4% | 0% | −6% | +7% | −5% | −17% | +17% | −26% | outside | outside |
| CENTURYPLY | +12% | −35% | +26% | −57% | +16% | +46% | −10% | −1% | +33% | −7% | +22% | +3% |
| AMBER | outside | outside | turned profitable | −24% | outside | +86% | +223% | −11% | to loss | loss, smaller | turned profitable | −83% |
| JSWDULUX | outside | +21% | −5% | +5% | −15% | +11% | 0% | −16% | +1,749% | −96% | +69% | −37% |