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Indian (NIFTY) Communications Industry Analysis

UpdatedJan 13, 2026
DataAggregated Company Financials
Companies20
  • 7D-6.3%
  • 3M-15.2%
  • 1Y-27.0%
  • YTD-5.9%

Over the last 7 days, the Communications industry has dropped 6.3%, driven by a pullback from ITI of 5.3%. Overall the industry is down 27% in 12 months. Looking forward, earnings are forecast to grow by 45% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 13 Jan 2026₹595.3b₹173.5b-₹3,306,816,000.0045.6x-180x3.4x
Thu, 11 Dec 2025₹607.4b₹195.5b₹201.1m53.3x3020x3.1x
Sat, 08 Nov 2025₹666.2b₹201.6b-₹561,795,000.0058x-1185.8x3.3x
Mon, 06 Oct 2025₹706.4b₹227.5b₹5.2b59.6x136.1x3.1x
Wed, 03 Sep 2025₹657.0b₹227.5b₹5.2b44.8x126.6x2.9x
Fri, 01 Aug 2025₹635.6b₹226.3b₹4.5b22x142.2x2.8x
Sun, 29 Jun 2025₹704.2b₹238.3b₹6.4b26.5x110.5x3x
Tue, 27 May 2025₹641.8b₹234.1b₹4.3b24.4x151x2.7x
Thu, 24 Apr 2025₹643.6b₹238.7b₹4.9b30.2x130.6x2.7x
Sat, 22 Mar 2025₹590.1b₹238.7b₹4.9b35.2x119.3x2.5x
Mon, 17 Feb 2025₹596.4b₹238.7b₹4.9b40.6x121.1x2.5x
Wed, 15 Jan 2025₹811.1b₹210.7b₹2.2b37.7x364.7x3.9x
Fri, 13 Dec 2024₹850.8b₹210.7b₹2.2b38x382x4x
Sun, 10 Nov 2024₹784.7b₹202.5b₹1.6b42.7x476.5x3.9x
Tue, 08 Oct 2024₹678.8b₹177.7b-₹491,184,000.0032.9x-1382.1x3.8x
Thu, 05 Sep 2024₹795.2b₹177.5b-₹559,478,000.0035.6x-1421.4x4.5x
Sat, 03 Aug 2024₹786.7b₹173.9b-₹506,071,000.0042.4x-1554.6x4.5x
Mon, 01 Jul 2024₹819.4b₹164.7b-₹580,541,000.0042.6x-1411.5x5x
Wed, 29 May 2024₹737.3b₹165.5b₹1.5b47.1x476.3x4.5x
Fri, 26 Apr 2024₹699.9b₹172.6b₹2.7b54.3x256x4.1x
Sun, 24 Mar 2024₹559.5b₹164.0b₹1.1b38.2x487.8x3.4x
Tue, 20 Feb 2024₹659.5b₹164.0b₹1.1b42.7x576x4x
Thu, 18 Jan 2024₹710.0b₹161.3b₹2.2b23.1x327.1x4.4x
Sat, 16 Dec 2023₹645.8b₹161.2b₹2.2b23.9x299.1x4x
Mon, 13 Nov 2023₹591.1b₹161.1b₹2.1b24.5x286.5x3.7x
Wed, 11 Oct 2023₹562.2b₹158.0b₹2.5b24.2x227.5x3.6x
Fri, 08 Sep 2023₹479.5b₹158.0b₹2.5b29.1x194x3x
Sun, 06 Aug 2023₹416.9b₹152.6b₹2.3b31.4x178.5x2.7x
Tue, 04 Jul 2023₹393.5b₹150.8b₹2.2b25.4x175.3x2.6x
Thu, 01 Jun 2023₹372.6b₹151.3b₹1.9b25.3x193.4x2.5x
Sat, 29 Apr 2023₹351.1b₹142.5b₹4.0b34.8x87.2x2.5x
Mon, 27 Mar 2023₹323.6b₹140.5b₹3.7b29x88.5x2.3x
Wed, 22 Feb 2023₹339.9b₹140.5b₹3.7b32.7x93x2.4x
Fri, 20 Jan 2023₹340.1b₹127.3b₹1.1b27.5x320.7x2.7x
Price to Earnings Ratio

320.7x


Total Market Cap: ₹340.1bTotal Earnings: ₹1.1bTotal Revenue: ₹127.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Communications Industry Price to Earnings3Y Average 116.3x202420252026
Current Industry PE
  • Investors are relatively neutral on the Indian Communications industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PS ratio of 3.3x.
Past Earnings Growth
  • Total earnings for the Communications industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 11% 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-2.54%
Tech-0.24%
Communications-6.33%
Communications Equipment-6.33%
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
No data available

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