Vindhya Telelinks Limited (NSE:VINDHYATEL) Held Back By Insufficient Growth Even After Shares Climb 27%
Jul 26
Indian (NIFTY) Communications Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies19
- 7D-2.6%
- 3M16.0%
- 1Y85.8%
- YTD20.3%
Over the last 7 days, the Communications industry has dropped 2.6%, driven by Tejas Networks declining 10.0%. Meanwhile, Vindhya Telelinks actually outperformed within the industry, gaining 12% in the last week. This takes the industry's 12 month performance to a gain of 86%. Earnings are forecast to grow by 69% annually.
Industry Valuation and Performance
Has the Indian Communications Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | ₹809.8b | ₹177.1b | ₹423.9m | 43.8x | 1910.3x | 4.6x |
| Sun, 23 Jun 2024 | ₹818.8b | ₹164.7b | -₹580,541,000.00 | 42x | -1410.4x | 5x |
| Tue, 21 May 2024 | ₹746.9b | ₹165.1b | ₹1.2b | 43.2x | 617.9x | 4.5x |
| Thu, 18 Apr 2024 | ₹613.8b | ₹164.0b | ₹1.1b | 47x | 535.1x | 3.7x |
| Sat, 16 Mar 2024 | ₹565.5b | ₹164.0b | ₹1.1b | 39.4x | 492.9x | 3.4x |
| Mon, 12 Feb 2024 | ₹659.3b | ₹164.0b | ₹1.2b | 51.1x | 537.3x | 4x |
| Wed, 10 Jan 2024 | ₹656.1b | ₹161.2b | ₹2.2b | 23.2x | 303.8x | 4.1x |
| Fri, 08 Dec 2023 | ₹645.4b | ₹161.2b | ₹2.2b | 23.1x | 298.9x | 4x |
| Sun, 05 Nov 2023 | ₹598.6b | ₹157.7b | ₹2.0b | 24.2x | 305.6x | 3.8x |
| Tue, 03 Oct 2023 | ₹538.2b | ₹158.0b | ₹2.5b | 24.5x | 217.8x | 3.4x |
| Thu, 31 Aug 2023 | ₹447.9b | ₹158.0b | ₹2.4b | 26.1x | 182.9x | 2.8x |
| Sat, 29 Jul 2023 | ₹422.1b | ₹152.5b | ₹2.3b | 31x | 179.8x | 2.8x |
| Mon, 26 Jun 2023 | ₹390.2b | ₹150.8b | ₹2.2b | 25x | 173.8x | 2.6x |
| Wed, 24 May 2023 | ₹372.0b | ₹154.7b | ₹6.2b | 30.6x | 60.2x | 2.4x |
| Fri, 21 Apr 2023 | ₹338.1b | ₹140.7b | ₹3.7b | 31.8x | 91.3x | 2.4x |
| Sun, 19 Mar 2023 | ₹322.5b | ₹140.5b | ₹3.7b | 29.8x | 88.2x | 2.3x |
| Tue, 14 Feb 2023 | ₹332.4b | ₹139.4b | ₹3.6b | 31.5x | 92.3x | 2.4x |
| Thu, 12 Jan 2023 | ₹338.0b | ₹127.3b | ₹1.1b | 28.8x | 318.8x | 2.7x |
| Sat, 10 Dec 2022 | ₹357.5b | ₹127.3b | ₹1.0b | 30.6x | 340.6x | 2.8x |
| Mon, 07 Nov 2022 | ₹360.8b | ₹126.5b | ₹1.5b | 31.2x | 235.7x | 2.9x |
| Wed, 05 Oct 2022 | ₹351.2b | ₹121.5b | ₹2.0b | 24.7x | 176.4x | 2.9x |
| Fri, 02 Sep 2022 | ₹361.3b | ₹121.5b | ₹2.0b | 22.7x | 181.6x | 3x |
| Sun, 31 Jul 2022 | ₹304.9b | ₹122.2b | ₹3.3b | 23.4x | 93.3x | 2.5x |
| Tue, 28 Jun 2022 | ₹284.6b | ₹119.3b | ₹4.7b | 26.2x | 60.3x | 2.4x |
| Thu, 26 May 2022 | ₹263.4b | ₹122.2b | ₹3.9b | 18.4x | 67.8x | 2.2x |
| Sat, 23 Apr 2022 | ₹337.7b | ₹120.9b | ₹6.2b | 24.9x | 54.9x | 2.8x |
| Mon, 21 Mar 2022 | ₹280.3b | ₹120.9b | ₹6.2b | 21.2x | 45.5x | 2.3x |
| Wed, 16 Feb 2022 | ₹297.2b | ₹120.7b | ₹6.1b | 22.6x | 48.4x | 2.5x |
| Fri, 14 Jan 2022 | ₹347.7b | ₹123.7b | ₹9.5b | 26.7x | 36.5x | 2.8x |
| Sun, 12 Dec 2021 | ₹341.4b | ₹123.7b | ₹9.5b | 24x | 35.8x | 2.8x |
| Tue, 09 Nov 2021 | ₹337.9b | ₹122.0b | ₹8.8b | 28.1x | 38.3x | 2.8x |
| Thu, 07 Oct 2021 | ₹342.2b | ₹118.0b | ₹8.2b | 27.9x | 41.6x | 2.9x |
| Sat, 04 Sep 2021 | ₹303.0b | ₹117.9b | ₹8.2b | 27x | 37x | 2.6x |
| Mon, 02 Aug 2021 | ₹320.4b | ₹117.9b | ₹8.2b | 30.2x | 39.1x | 2.7x |
Price to Earnings Ratio
39.1x
Current Industry PE
- Investors are optimistic on the Indian Communications industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 2kx which is higher than its 3-year average PE of 96.8x.
- The 3-year average PS ratio of 3.0x is lower than the industry's current PS ratio of 4.6x.
Past Earnings Growth
- The earnings for companies in the Communications industry have declined 63% per year over the last three years.
- Meanwhile revenues for these companies have grown 15% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Indian Tech industry?
| IN Market | -1.05% | |
| Tech | -0.24% | |
| Communications | -2.56% | |
| Communications Equipment | -2.56% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 523610 ITI | ₹308.05 | 5.4% +₹15.2b | 172.7% | PS23.4x | |
| 532374 Sterlite Technologies | ₹147.55 | 7.1% +₹4.8b | -1.3% | PS1.3x | |
| 532406 Avantel | ₹199.40 | 9.1% +₹4.1b | 262.2% | PE93.4x | |
| VINDHYATEL Vindhya Telelinks | ₹3.00k | 12.2% +₹3.9b | 47.9% | PE12.6x | |
| 504112 Nelco | ₹833.55 | 5.7% +₹1.0b | 5.1% | PE84.5x |