Header cover image

Indian (NIFTY) Communications Industry Analysis

UpdatedApr 19, 2025
DataAggregated Company Financials
Companies20
  • 7D4.7%
  • 3M-22.3%
  • 1Y1.7%
  • YTD-26.1%

In the last week, the Communications industry is up 4.7%, with ITI up 4.7%. In the same time, Kavveri Defence & Wireless Technologies was down 5.8%. Overall in the last year, the industry is flat. As for the next few years, earnings are forecast to decline by 1.2% per annum.

Industry Valuation and Performance

Has the Indian Communications Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 20 Apr 2025₹614.5b₹238.7b₹4.9b29.2x124.7x2.6x
Tue, 18 Mar 2025₹529.5b₹238.7b₹4.9b33.2x107.1x2.2x
Thu, 13 Feb 2025₹627.7b₹231.2b₹4.4b31.6x141.9x2.7x
Sat, 11 Jan 2025₹854.8b₹210.7b₹2.2b35.8x384.4x4.1x
Mon, 09 Dec 2024₹813.1b₹210.7b₹2.2b38.2x365.1x3.9x
Wed, 06 Nov 2024₹699.2b₹202.5b₹1.6b42.4x424.2x3.5x
Fri, 04 Oct 2024₹718.2b₹177.5b-₹559,479,000.0034.4x-1283.7x4x
Sun, 01 Sep 2024₹806.3b₹177.5b-₹559,478,000.0035.3x-1441.1x4.5x
Tue, 30 Jul 2024₹816.1b₹177.1b₹423.9m43.2x1925.1x4.6x
Thu, 27 Jun 2024₹821.6b₹164.7b-₹580,541,000.0044.2x-1415.2x5x
Sat, 25 May 2024₹733.3b₹165.0b₹1.2b41.5x606.7x4.4x
Mon, 22 Apr 2024₹599.8b₹163.9b₹1.1b48.1x522.9x3.7x
Wed, 20 Mar 2024₹548.7b₹164.0b₹1.1b38.1x478.4x3.3x
Fri, 16 Feb 2024₹648.0b₹164.0b₹1.1b44.1x566.7x4x
Sun, 14 Jan 2024₹658.9b₹161.2b₹2.2b23.9x305.1x4.1x
Tue, 12 Dec 2023₹639.8b₹161.2b₹2.2b23.1x296.3x4x
Thu, 09 Nov 2023₹604.0b₹157.7b₹2.0b23.9x308.4x3.8x
Sat, 07 Oct 2023₹535.3b₹158.0b₹2.5b24.1x216.6x3.4x
Mon, 04 Sep 2023₹458.4b₹158.0b₹2.4b27.5x187.2x2.9x
Wed, 02 Aug 2023₹420.4b₹152.5b₹2.3b31.9x179x2.8x
Fri, 30 Jun 2023₹390.0b₹150.8b₹2.2b25.4x173.7x2.6x
Sun, 28 May 2023₹370.5b₹154.5b₹6.2b29.7x59.7x2.4x
Tue, 25 Apr 2023₹338.5b₹142.4b₹4.0b31.8x84.6x2.4x
Thu, 23 Mar 2023₹320.1b₹140.5b₹3.7b29.8x87.6x2.3x
Sat, 18 Feb 2023₹344.3b₹140.5b₹3.7b32.3x94.2x2.4x
Mon, 16 Jan 2023₹342.8b₹127.3b₹1.1b28.7x323.3x2.7x
Wed, 14 Dec 2022₹361.2b₹127.3b₹1.0b29.3x344.1x2.8x
Fri, 11 Nov 2022₹355.4b₹126.4b₹1.5b31.4x232.2x2.8x
Sun, 09 Oct 2022₹371.7b₹121.5b₹2.0b25.3x186.7x3.1x
Tue, 06 Sep 2022₹362.4b₹121.5b₹2.0b23.4x182.1x3x
Thu, 04 Aug 2022₹315.5b₹122.2b₹3.3b22.7x96.5x2.6x
Sat, 02 Jul 2022₹275.2b₹119.3b₹4.7b23.1x58.3x2.3x
Mon, 30 May 2022₹276.5b₹119.4b₹4.9b17.1x56.5x2.3x
Wed, 27 Apr 2022₹328.6b₹120.2b₹5.3b22x61.7x2.7x
Price to Earnings Ratio

61.7x


Total Market Cap: ₹328.6bTotal Earnings: ₹5.3bTotal Revenue: ₹120.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Communications Industry Price to Earnings3Y Average 36.9x202320242025
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 125x which is higher than its 3-year average PE of 36.8x.
  • The 3-year average PS ratio of 3.2x is higher than the industry's current PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Communications industry have declined 2.5% per year over the last three years.
  • Meanwhile revenues for these companies have grown 26% 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 Market4.32%
Tech2.43%
Communications4.72%
Communications Equipment4.72%
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?

CompanyLast Price7D1YValuation
523610 ITI₹264.554.7%
+₹11.4b
6.5%PS8x
532493 Astra Microwave Products₹766.656.3%
+₹4.3b
9.9%PE54.1x
TEJASNET Tejas Networks₹857.502.4%
+₹3.5b
10.6%PE22.7x
532406 Avantel₹127.1010.2%
+₹2.9b
14.3%PE49.8x
VINDHYATEL Vindhya Telelinks₹1.31k10.1%
+₹1.4b
-45.0%PE7.7x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

532406

₹127.10

Avantel

7D

10.2%

1Y

14.3%

504112

₹907.70

Nelco

7D

5.5%

1Y

22.3%

526775

₹596.20

Valiant Communications

7D

15.7%

1Y

7.8%

532374

₹84.07

Sterlite Technologies

7D

3.1%

1Y

-33.5%

532493

₹766.65

Astra Microwave Products

7D

6.3%

1Y

9.9%

TEJASNET

₹857.50

Tejas Networks

7D

2.4%

1Y

10.6%

523610

₹264.55

ITI

7D

4.7%

1Y

6.5%

590041

₹42.74

Kavveri Defence & Wireless Technologies

7D

-5.8%

1Y

240.0%

523419

₹9.03

Tamilnadu Telecommunications

7D

-2.3%

1Y

-16.3%