Construction Materials

Sector overview

Total Companies: 46
Total Market Cap (₹ Cr): 9,43,414
Top 3 Market Cap (₹ Cr): 6,44,521
Sector Concentration: 68.32%
Weighted P/E: 36.52
Weighted P/B: 2.91
Avg Dividend Yield: 0.77%
Avg Qtrly Profit Growth (YoY): 19.96%
Avg Qtrly Sales Growth (YoY): —
Avg Sector ROE: -3.22%
Avg Sector ROCE: 14.07%
Avg Debt to Equity: -0.63
Broad Industries: 2
Sub Industries: 2

AI Sector View

AI GENERATED

Buy

Cement production 8.0% YoY (2026-05)Finished steel consumption 8.0% YoY (2026-06)Cement 13.1% YoY (2026-07)Steel 2.9% YoY (2026-07)

Construction materials remain supported by healthy building activity. Core industries cement growth accelerated to 13.1% YoY (2026-07), while finished steel consumption was 8.0% YoY (2026-06); steel output itself was softer at 2.9% YoY (2026-07). FPI positioning is still mildly negative at INR -497 crore over 3 months to 2026-08-31, but the fundamental demand backdrop remains constructive.

Confidence

69%