Header cover image

Indian (NIFTY) Communications Industry Analysis

UpdatedJan 18, 2025
DataAggregated Company Financials
Companies20
  • 7D-7.6%
  • 3M12.4%
  • 1Y11.4%
  • YTD-4.9%

Over the last 7 days, the Communications industry has dropped 7.6%, driven by ITI declining 15%. In the past year, the industry has gained 11%. As for the next few years, earnings are expected to grow by 61% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 18 Jan 2025₹790.1b₹210.7b₹2.2b37x357.2x3.8x
Mon, 16 Dec 2024₹848.7b₹210.7b₹2.2b37.7x381.1x4x
Wed, 13 Nov 2024₹759.6b₹202.5b₹1.6b41.3x461.2x3.8x
Fri, 11 Oct 2024₹707.5b₹177.7b-₹491,184,000.0033.4x-1440.5x4x
Sun, 08 Sep 2024₹785.4b₹177.5b-₹559,478,000.0034.9x-1403.7x4.4x
Tue, 06 Aug 2024₹748.7b₹174.0b-₹456,562,000.0041.5x-1639.9x4.3x
Thu, 04 Jul 2024₹835.9b₹164.7b-₹580,541,000.0045.4x-1439.9x5.1x
Sat, 01 Jun 2024₹723.5b₹164.0b-₹358,924,000.0040.7x-2015.8x4.4x
Mon, 29 Apr 2024₹697.7b₹172.6b₹2.7b57.3x255.2x4x
Wed, 27 Mar 2024₹545.8b₹164.0b₹1.1b37.3x475.8x3.3x
Fri, 23 Feb 2024₹653.3b₹164.0b₹1.1b45.8x570.6x4x
Sun, 21 Jan 2024₹691.9b₹161.3b₹2.2b24.2x318.7x4.3x
Tue, 19 Dec 2023₹646.3b₹161.2b₹2.2b24.5x299.3x4x
Thu, 16 Nov 2023₹606.8b₹161.4b₹2.2b23.8x274.2x3.8x
Sat, 14 Oct 2023₹612.6b₹158.0b₹2.5b24.2x247.9x3.9x
Mon, 11 Sep 2023₹479.4b₹158.0b₹2.4b28.8x195.8x3x
Wed, 09 Aug 2023₹434.9b₹152.6b₹2.3b26.6x186.2x2.9x
Fri, 07 Jul 2023₹391.9b₹150.8b₹2.2b29.3x174.5x2.6x
Sun, 04 Jun 2023₹375.5b₹150.9b₹1.9b27.1x194.5x2.5x
Tue, 02 May 2023₹351.1b₹142.5b₹4.0b34.8x87.2x2.5x
Thu, 30 Mar 2023₹311.0b₹140.5b₹3.7b28.8x85.1x2.2x
Sat, 25 Feb 2023₹329.9b₹140.5b₹3.7b32x90.2x2.3x
Mon, 23 Jan 2023₹338.7b₹127.2b₹1.1b27.4x316.8x2.7x
Wed, 21 Dec 2022₹358.7b₹127.3b₹1.0b28.4x341.8x2.8x
Fri, 18 Nov 2022₹358.6b₹124.8b₹1.3b30.9x285.8x2.9x
Sun, 16 Oct 2022₹355.3b₹122.4b₹2.1b24.3x166x2.9x
Tue, 13 Sep 2022₹354.6b₹121.5b₹2.0b25x178.2x2.9x
Thu, 11 Aug 2022₹308.4b₹121.3b₹2.2b32.5x142.6x2.5x
Sat, 09 Jul 2022₹275.7b₹119.3b₹4.7b23.6x58.4x2.3x
Mon, 06 Jun 2022₹287.9b₹119.3b₹4.7b18.2x60.9x2.4x
Wed, 04 May 2022₹304.5b₹121.6b₹3.8b21.2x80.4x2.5x
Fri, 01 Apr 2022₹291.6b₹120.9b₹6.2b23.7x47.4x2.4x
Sun, 27 Feb 2022₹267.8b₹120.9b₹6.2b19.2x43.5x2.2x
Tue, 25 Jan 2022₹295.1b₹124.1b₹6.9b32.2x42.5x2.4x
Price to Earnings Ratio

42.5x


Total Market Cap: ₹295.1bTotal Earnings: ₹6.9bTotal Revenue: ₹124.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Communications Industry Price to Earnings3Y Average 29.1x202320242025
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 357x which is higher than its 3-year average PE of 29.1x.
  • The 3-year average PS ratio of 3.2x is lower than the industry's current PS ratio of 3.8x.
Past Earnings Growth
  • The earnings for companies in the Communications industry have declined 32% per year over the last three years.
  • Meanwhile revenues for these companies have grown 19% 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-0.26%
Tech-5.12%
Communications-7.59%
Communications Equipment-7.59%
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
532493 Astra Microwave Products₹775.802.6%
+₹1.8b
40.3%PE56.5x
VINDHYATEL Vindhya Telelinks₹1.84k1.5%
+₹317.0m
-22.2%PE9.5x
526775 Valiant Communications₹608.405.4%
+₹238.4m
99.4%PE47.4x
FROG Frog Cellsat₹319.453.4%
+₹162.1m
56.8%PE31.7x
523419 Tamilnadu Telecommunications₹10.987.1%
+₹33.3m
-1.7%PE-3.4x
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

504112

₹1,127.00

Nelco

7D

-8.7%

1Y

42.6%

532406

₹139.90

Avantel

7D

-0.7%

1Y

14.6%

500346

₹53.72

Punjab Communications

7D

2.1%

1Y

-4.2%

590041

₹51.93

Kavveri Defence & Wireless Technologies

7D

-9.6%

1Y

253.3%

523411

₹1,484.80

ADC India Communications

7D

-6.7%

1Y

45.4%

523610

₹377.25

ITI

7D

-14.9%

1Y

6.8%

TEJASNET

₹1,059.40

Tejas Networks

7D

-0.2%

1Y

30.3%

523419

₹10.98

Tamilnadu Telecommunications

7D

7.1%

1Y

-1.7%

SMARTLINK

₹192.02

Smartlink Holdings

7D

1.2%

1Y

4.7%

AKSHOPTFBR

₹10.47

Aksh Optifibre

7D

-2.9%

1Y

-16.9%

532493

₹775.80

Astra Microwave Products

7D

2.6%

1Y

40.3%

526775

₹608.40

Valiant Communications

7D

5.4%

1Y

99.4%

517258

₹111.30

Precision Electronics

7D

-4.8%

1Y

88.0%

517564

₹40.61

G.R.Cables

7D

5.0%

1Y

n/a

VINDHYATEL

₹1,843.05

Vindhya Telelinks

7D

1.5%

1Y

-22.2%

FROG

₹319.45

Frog Cellsat

7D

3.4%

1Y

56.8%