Indian (NIFTY) Consumer Electronics Industry Analysis

UpdatedDec 30, 2025

DataAggregated Company Financials

Companies8

7D-7.3%
3M-26.4%
1Y-33.3%
YTDn/a

Over the last 7 days, the Consumer Electronics industry has dropped 6.8%, driven by a pullback from Dixon Technologies (India) of 7.7%. Meanwhile, MIRC Electronics actually outperformed within the industry, gaining 8.1% in the last week. Overall the industry is down 30% in 12 months. Earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

Has the Indian Consumer Electronics Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Tue, 30 Dec 2025	₹749.2b	₹496.5b	₹14.7b	46.8x	51x	1.5x
Thu, 27 Nov 2025	₹925.1b	₹496.5b	₹14.7b	50.6x	63x	1.9x
Sat, 25 Oct 2025	₹966.9b	₹495.7b	₹14.7b	37.7x	65.9x	2x
Mon, 22 Sep 2025	₹1.1t	₹462.4b	₹11.9b	36.2x	94.9x	2.4x
Wed, 20 Aug 2025	₹1.0t	₹462.4b	₹11.9b	34.4x	88.2x	2.3x
Fri, 18 Jul 2025	₹995.3b	₹400.5b	₹11.2b	88.9x	89.1x	2.5x
Sun, 15 Jun 2025	₹884.8b	₹400.4b	₹11.2b	79x	78.9x	2.2x
Tue, 13 May 2025	₹984.1b	₹344.8b	₹7.8b	24.5x	126.3x	2.9x
Thu, 10 Apr 2025	₹812.8b	₹344.8b	₹7.8b	23.9x	104.3x	2.4x
Sat, 08 Mar 2025	₹852.0b	₹344.8b	₹7.8b	27.4x	109.4x	2.5x
Mon, 03 Feb 2025	₹903.7b	₹346.0b	₹7.9b	34.1x	114.8x	2.6x
Wed, 01 Jan 2025	₹1.1t	₹289.6b	₹7.1b	39.3x	153.6x	3.8x
Fri, 29 Nov 2024	₹954.2b	₹289.6b	₹7.1b	39.4x	134x	3.3x
Sun, 27 Oct 2024	₹854.2b	₹289.7b	₹7.0b	39.8x	121.6x	2.9x
Tue, 24 Sep 2024	₹859.9b	₹223.8b	₹4.2b	39.7x	204.7x	3.8x
Thu, 22 Aug 2024	₹785.8b	₹223.9b	₹4.2b	39.4x	187x	3.5x
Sat, 20 Jul 2024	₹700.0b	₹190.4b	₹3.4b	98.6x	205.8x	3.7x
Mon, 17 Jun 2024	₹690.7b	₹190.1b	₹3.3b	97.5x	206.5x	3.6x
Wed, 15 May 2024	₹502.0b	₹173.4b	₹3.6b	72.4x	138.6x	2.9x
Fri, 12 Apr 2024	₹486.6b	₹173.4b	₹3.6b	54.2x	134.4x	2.8x
Sun, 10 Mar 2024	₹445.7b	₹173.4b	₹3.6b	49x	123.1x	2.6x
Tue, 06 Feb 2024	₹396.2b	₹173.2b	₹3.6b	57.1x	110.4x	2.3x
Thu, 04 Jan 2024	₹396.7b	₹149.1b	₹3.1b	49.8x	126.2x	2.7x
Sat, 02 Dec 2023	₹372.3b	₹149.1b	₹3.1b	31.6x	118.4x	2.5x
Mon, 30 Oct 2023	₹334.9b	₹149.6b	₹3.1b	53x	106.6x	2.2x
Wed, 27 Sep 2023	₹318.7b	₹138.9b	₹2.8b	48.1x	112.2x	2.3x
Fri, 25 Aug 2023	₹309.2b	₹138.9b	₹2.8b	43x	108.9x	2.2x
Sun, 23 Jul 2023	₹263.0b	₹136.3b	₹2.7b	49.6x	98.8x	1.9x
Tue, 20 Jun 2023	₹292.2b	₹136.3b	₹2.7b	48.4x	109.8x	2.1x
Thu, 18 May 2023	₹191.6b	₹135.0b	₹2.4b	30.2x	79.2x	1.4x
Sat, 15 Apr 2023	₹193.5b	₹135.0b	₹2.4b	29.7x	80x	1.4x
Mon, 13 Mar 2023	₹187.4b	₹135.0b	₹2.4b	25.6x	77.5x	1.4x
Wed, 08 Feb 2023	₹176.4b	₹135.9b	₹2.4b	36.4x	72x	1.3x
Fri, 06 Jan 2023	₹244.5b	₹142.6b	₹2.4b	36.6x	102.1x	1.7x

Price to Earnings Ratio

102.1x

Fri, 06 Jan 2023

Current Industry PE

Investors are pessimistic on the Indian Consumer Electronics industry, indicating that they anticipate long term growth rates will be lower than they have historically.

The industry is trading at a PE ratio of 52.9x which is lower than its 3-year average PE of 118x.

The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 1.6x.

Past Earnings Growth

The earnings for companies in the Consumer Electronics industry have grown 83% per year over the last three years.
Revenues for these companies have grown 52% 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 Consumer Electronics compare with similar industries?


IN Market	-0.73%
Consumer Discretionary	-1.11%
Consumer Durables	-2.96%
Consumer Electronics	-7.34%
Homebuilding	8.33%
Home Furnishings	-1.30%
Household Appliances	-1.51%
Housewares and Specialties	-2.55%