Sector analysis · India
Consumer Services sector earnings growth, Q3 FY25
The 20 largest Consumer Services companies by market cap at the end of Q3 FY25 (31 Dec 2024), compared with Q3 FY24.
The top 20 at Q3 FY25
Q3 FY25 vs Q3 FY24: combined net profit ₹2,752 cr (+18%), median EPS +26% (14 of 18 up), market-cap-weighted price +40%. 20 of 20 reported.
| # | Company | Weight | EPS ₹, base → now | EPS growth | Contribution | Price |
|---|---|---|---|---|---|---|
| 1 | Eternal Ltd | 17.3% | 0.16 → 0.06 | −63% | −2.5 pp | +128% |
| 2 | Trent Limited | 16.3% | 7.02 → 9.33 | +33% | +3.9 pp | +133% |
| 3 | Avenue Supermarts Limited | 14.9% | 10.61 → 11.12 | +5% | +1.1 pp | −13% |
| 4 | The Indian Hotels Company Limited | 8.1% | 3.18 → 4.09 | +29% | +4.1 pp | +101% |
| 5 | Swiggy Limited | 7.8% | — → −3.57 | — | — | — |
| 6 | Info Edge (India) Limited | 7.3% | 2.34 → 3.74 | +60% | +2.9 pp | +69% |
| 7 | I R C T C | 4.1% | 3.75 → 4.27 | +14% | +1.3 pp | −11% |
| 8 | Vishal Mega Mart Limited | 3.1% | 0.46 → 0.58 | +26% | +1.8 pp | — |
| 9 | Jubilant Foodworks Limited | 3.1% | 1.00 → 0.65 | −35% | −0.7 pp | +27% |
| 10 | FSN E-Commerce Ventures Limited | 3.0% | 0.06 → 0.09 | +50% | +0.3 pp | −6% |
| 11 | Brainbees Solutions Limited | 2.2% | — → −0.15 | — | — | — |
| 12 | Vedant Fashions Limited | 2.0% | 6.49 → 6.50 | 0% | 0.0 pp | +2% |
| 13 | Aditya Birla Fashion and Retail Limited | 1.9% | −0.82 → −0.48 | loss, smaller | +0.8 pp | +34% |
| 14 | EIH | 1.7% | 3.51 → 4.23 | +21% | +1.4 pp | +68% |
| 15 | Devyani International Limited | 1.4% | 0.08 → 0.00 | to loss | −0.3 pp | −6% |
| 16 | Chalet Hotels Limited | 1.4% | 3.44 → 4.42 | +28% | +0.8 pp | +40% |
| 17 | BLS International Services Limited | 1.3% | 2.05 → 2.93 | +43% | +1.1 pp | +51% |
| 18 | TBO Tek | 1.2% | 1.31 → 4.60 | +251% | +1.1 pp | — |
| 19 | Ventive Hospitality Limited | 1.1% | 1.85 → 0.95 | −49% one source | −0.7 pp | — |
| 20 | Indiamart Intermesh Limited | 0.9% | 13.65 → 20.16 | +48% | +1.2 pp | −17% |
| Sector earnings growth | 100% | +17.9 pp |
Who joined and who left
3 joined and 3 left the top 20 since Q2 FY25, as market caps moved.
Joined the top 20 since Q2 FY25
Left the top 20 since Q2 FY25
- Westlife Foodworld Limited
- Sapphire Foods India Limited
- RattanIndia Enterprises Limited
EPS growth by company, Q2 FY24 to Q1 FY27
Each company's EPS growth year on year, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ETERNAL | turned profitable | turned profitable | turned profitable | turned profitable | +400% | −63% | −80% | −90% | −65% | +83% | +350% | +233% |
| TRENT | +153% | +142% | +1,195% | +126% | +44% | +33% | −55% | +10% | +11% | +3% | +26% | +21% |
| DMART | −10% | +17% | +22% | +17% | +6% | +5% | −2% | 0% | +4% | +18% | +19% | +11% |
| INDHOTEL | +37% | +18% | +27% | +11% | +231% | +29% | +25% | +19% | −49% | +55% | +15% | +21% |
| SWIGGY | outside | outside | outside | outside | outside | — | — | — | loss, bigger | loss, bigger | loss, smaller | loss, smaller |
| NAUKRI | +99% | turned profitable | turned profitable | +46% | −89% | +60% | +669% | +27% | +1,256% | +12% | +22% | +50% |
| IRCTC | sources disagree | sources disagree | sources disagree | +33% | +5% | +14% | +26% | +7% | +11% | +15% | −9% | 0% |
| VMM | outside | outside | outside | outside | outside | +26% | +79% | +33% | +43% | +16% | +44% | +25% |
| JUBLFOOD | −26% | −18% | +630% | +93% | −34% | −35% | −77% | +64% | +204% | +65% | +66% | +6% |
| NYKAA | +100% | +100% | +100% | +200% | +100% | +50% | +250% | +167% | +200% | +144% | +286% | +250% |
| FIRSTCRY | outside | outside | outside | outside | — | — | — | loss, smaller | loss, smaller | outside | outside | outside |
| MANYAVAR | −29% | +7% | +8% | −33% | +35% | 0% | −13% | +13% | −15% | outside | outside | outside |
| ABFRL | to loss | to loss | loss, bigger | loss, bigger | loss, smaller | loss, smaller | loss, smaller | outside | outside | outside | outside | outside |
| EIHOTEL | +282% | +54% | +164% | −11% | +40% | +21% | +13% | −63% | −13% | −8% | −6% | +246% |
| DEVYANI | −43% | −86% | to loss | +150% | to loss | to loss | loss, bigger | −88% | loss, bigger | loss, bigger | outside | outside |
| CHALET | +130% | −31% | +110% | −36% | to loss | +28% | +41% | +235% | turned profitable | +28% | +31% | −58% |
| BLS | +55% | +67% | +17% | +65% | +76% | +43% | +67% | outside | outside | outside | outside | outside |
| TBOTEK | outside | outside | outside | +287% | +357% | +251% | +26% | +3% | +12% | +7% | outside | +32% |
| VENTIVE | outside | outside | outside | outside | outside | −49% | +171% | sources disagree | sources disagree | sources disagree | sources disagree | outside |
| INDIAMART | +4% | −26% | +82% | +40% | +95% | +48% | outside | +35% | outside | outside | outside | outside |