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Indian (NIFTY) Communications Industry Analysis
UpdatedJan 06, 2026
DataAggregated Company Financials
Companies20
- 7D0.3%
- 3M-10.9%
- 1Y-35.1%
- YTD0.4%
The Communications industry has stayed flat over the last week. Unfortunately though, the industry is down 35% over the past 12 months. As for the next few years, earnings are expected to grow by 46% per annum.
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 |
|---|---|---|---|---|---|---|
| Tue, 06 Jan 2026 | ₹635.5b | ₹197.0b | ₹315.4m | 49.4x | 2015.1x | 3.2x |
| Thu, 04 Dec 2025 | ₹629.3b | ₹195.5b | ₹201.1m | 38.5x | 3129.1x | 3.2x |
| Sat, 01 Nov 2025 | ₹683.5b | ₹201.7b | -₹797,343,000.00 | 50.7x | -857.2x | 3.4x |
| Mon, 29 Sep 2025 | ₹676.0b | ₹227.5b | ₹5.2b | 59.4x | 130.3x | 3x |
| Wed, 27 Aug 2025 | ₹649.0b | ₹227.4b | ₹5.2b | 48.1x | 125.5x | 2.9x |
| Fri, 25 Jul 2025 | ₹664.1b | ₹224.8b | ₹3.9b | 22.8x | 169x | 3x |
| Sun, 22 Jun 2025 | ₹694.3b | ₹238.3b | ₹6.4b | 22.8x | 109x | 2.9x |
| Tue, 20 May 2025 | ₹642.9b | ₹234.4b | ₹3.5b | 27x | 184.9x | 2.7x |
| Thu, 17 Apr 2025 | ₹615.3b | ₹238.7b | ₹4.9b | 35.7x | 124.4x | 2.6x |
| Sat, 15 Mar 2025 | ₹541.8b | ₹238.7b | ₹4.9b | 33.4x | 109.6x | 2.3x |
| Mon, 10 Feb 2025 | ₹672.1b | ₹231.5b | ₹4.7b | 43.5x | 142.4x | 2.9x |
| Wed, 08 Jan 2025 | ₹928.1b | ₹210.7b | ₹2.2b | 37.3x | 417.3x | 4.4x |
| Fri, 06 Dec 2024 | ₹769.3b | ₹210.7b | ₹2.2b | 38.1x | 345.4x | 3.7x |
| Sun, 03 Nov 2024 | ₹716.5b | ₹202.5b | ₹1.7b | 43.5x | 431.5x | 3.5x |
| Tue, 01 Oct 2024 | ₹725.9b | ₹177.5b | -₹559,479,000.00 | 36.9x | -1297.5x | 4.1x |
| Thu, 29 Aug 2024 | ₹808.2b | ₹177.5b | -₹559,478,000.00 | 35.9x | -1444.5x | 4.6x |
| Sat, 27 Jul 2024 | ₹816.9b | ₹177.1b | ₹423.9m | 44.2x | 1926.9x | 4.6x |
| Mon, 24 Jun 2024 | ₹818.8b | ₹164.7b | -₹580,541,000.00 | 42x | -1410.4x | 5x |
| Wed, 22 May 2024 | ₹731.7b | ₹165.0b | ₹1.2b | 41.5x | 605.4x | 4.4x |
| Fri, 19 Apr 2024 | ₹606.9b | ₹163.9b | ₹1.1b | 45.9x | 529x | 3.7x |
| Sun, 17 Mar 2024 | ₹565.5b | ₹164.0b | ₹1.1b | 39.4x | 492.9x | 3.4x |
| Tue, 13 Feb 2024 | ₹600.8b | ₹164.0b | ₹1.2b | 48.9x | 489.7x | 3.7x |
| Thu, 11 Jan 2024 | ₹656.1b | ₹161.2b | ₹2.2b | 23.5x | 303.8x | 4.1x |
| Sat, 09 Dec 2023 | ₹640.5b | ₹161.2b | ₹2.2b | 23.4x | 296.6x | 4x |
| Mon, 06 Nov 2023 | ₹598.6b | ₹157.7b | ₹2.0b | 24.2x | 305.6x | 3.8x |
| Wed, 04 Oct 2023 | ₹538.2b | ₹158.0b | ₹2.5b | 23.9x | 217.8x | 3.4x |
| Fri, 01 Sep 2023 | ₹458.6b | ₹158.0b | ₹2.4b | 26.9x | 187.3x | 2.9x |
| Sun, 30 Jul 2023 | ₹422.1b | ₹152.5b | ₹2.3b | 31x | 179.8x | 2.8x |
| Tue, 27 Jun 2023 | ₹390.1b | ₹150.8b | ₹2.2b | 25.7x | 173.7x | 2.6x |
| Thu, 25 May 2023 | ₹369.1b | ₹154.7b | ₹6.2b | 29.7x | 59.7x | 2.4x |
| Sat, 22 Apr 2023 | ₹338.3b | ₹140.7b | ₹3.7b | 31.3x | 91.3x | 2.4x |
| Mon, 20 Mar 2023 | ₹322.5b | ₹140.5b | ₹3.7b | 29.8x | 88.2x | 2.3x |
| Wed, 15 Feb 2023 | ₹328.6b | ₹140.7b | ₹3.7b | 31.3x | 90x | 2.3x |
| Fri, 13 Jan 2023 | ₹335.9b | ₹127.3b | ₹1.1b | 29.5x | 316.8x | 2.6x |
Price to Earnings Ratio
316.8x
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 108x.
- The industry is trading close to its 3-year average PS ratio of 3.3x.
Past Earnings Growth
- The earnings for companies in the Communications industry have declined 33% per year over the last three years.
- Meanwhile revenues for these companies have grown 16% 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 | 1.84% | |
| Tech | -1.03% | |
| Communications | 0.31% | |
| Communications Equipment | 0.31% | |
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 | |
|---|---|---|---|---|---|
| 532493 Astra Microwave Products | ₹995.95 | 4.4% +₹4.0b | 26.5% | PE59.9x | |
| 523411 ADC India Communications | ₹1.46k | 8.2% +₹509.2m | -9.4% | PE37.1x | |
| 517258 Precision Electronics | ₹221.45 | 14.4% +₹387.1m | 77.6% | PE432.5x | |
| 590041 Kavveri Defence & Wireless Technologies | ₹73.89 | 7.2% +₹171.5m | 21.2% | PE34.1x | |
| 532406 Avantel | ₹155.85 | 0.2% +₹79.5m | 3.7% | PE122.7x |
