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Indian (NIFTY) Communications Industry Analysis

UpdatedNov 28, 2022
DataAggregated Company Financials
Companies17
  • 7D0.4%
  • 3M1.0%
  • 1Y3.3%
  • YTD0.1%

The Communications industry has been flat over the last week, but Astra Microwave Products has lost 3.2%. The past year has been better, since the industry has gained 3.3% in that time. Looking forward, earnings are forecast to grow by 74% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 28 Nov 2022₹362.3b₹127.3b₹1.0b29.1x345.2x2.8x
Wed, 26 Oct 2022₹352.7b₹123.5b₹2.1b25.7x166x2.9x
Fri, 23 Sep 2022₹353.5b₹121.5b₹2.0b23.8x177.5x2.9x
Sun, 21 Aug 2022₹323.2b₹121.5b₹2.0b22.4x162.4x2.7x
Tue, 19 Jul 2022₹300.3b₹119.3b₹4.7b23.5x63.6x2.5x
Thu, 16 Jun 2022₹276.3b₹119.3b₹4.7b28.1x58.5x2.3x
Sat, 14 May 2022₹258.8b₹121.8b₹3.8b18.4x68.3x2.1x
Mon, 11 Apr 2022₹337.7b₹120.9b₹6.2b27.9x54.9x2.8x
Wed, 09 Mar 2022₹256.6b₹120.9b₹6.2b18.6x41.7x2.1x
Fri, 04 Feb 2022₹316.6b₹124.1b₹6.9b27.8x45.6x2.6x
Sun, 02 Jan 2022₹337.1b₹123.7b₹9.5b26.8x35.3x2.7x
Tue, 30 Nov 2021₹317.5b₹123.7b₹9.5b20.9x33.3x2.6x
Thu, 28 Oct 2021₹340.0b₹121.9b₹8.6b26.8x39.4x2.8x
Sat, 25 Sep 2021₹330.8b₹118.0b₹8.2b28.2x40.2x2.8x
Mon, 23 Aug 2021₹282.8b₹117.9b₹8.2b24.2x34.5x2.4x
Sat, 10 Jul 2021₹293.8b₹117.9b₹8.2b28.7x35.9x2.5x
Fri, 02 Apr 2021₹232.1b₹110.4b₹6.2b27.6x37.7x2.1x
Mon, 04 Jan 2021₹234.8b₹98.1b-₹1,516,912,418.0032.3x-154.8x2.4x
Thu, 08 Oct 2020₹212.5b₹100.2b-₹1,384,891,832.0033.2x-153.4x2.1x
Wed, 01 Jul 2020₹173.0b₹103.0b₹332.5m18.4x520.3x1.7x
Sat, 04 Apr 2020₹101.6b₹110.6b₹2.7b17.8x38.2x0.9x
Tue, 07 Jan 2020₹171.1b₹121.0b₹8.9b18.4x19.3x1.4x
Price to Earnings Ratio

17.6x


Total Market Cap: ₹171.5bTotal Earnings: ₹9.8bTotal Revenue: ₹120.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Communications Industry Price to Earnings3Y Average 70.8x202020212022
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 345x which is higher than its 3-year average PE of 70.8x.
  • The 3-year average PS ratio of 2.2x is lower than the industry's current PS ratio of 2.8x.
Past Earnings Growth
  • The earnings for companies in the Communications industry have declined 52% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, 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 Market0.87%
Tech1.58%
Communications0.36%
Communications Equipment0.36%
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₹111.352.3%
+₹2.4b
-0.8%PE167.3x
540595 Tejas Networks₹635.150.5%
+₹840.2m
36.9%PS17x
517015 Vindhya Telelinks₹1.64k2.0%
+₹386.9m
65.3%PE13.3x
BIRLACABLE Birla Cable₹160.005.2%
+₹238.5m
97.4%PE17.7x
SMARTLINK Smartlink Holdings₹153.405.1%
+₹74.3m
43.4%PE20.9x
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Latest News

532374

₹175.60

Sterlite Technologies

7D

-1.2%

1Y

-34.8%

523610

₹111.35

ITI

7D

2.3%

1Y

-0.8%

517015

₹1,640.90

Vindhya Telelinks

7D

2.0%

1Y

65.3%

FROG

₹231.00

Frog Cellsat

7D

-5.6%

1Y

n/a

526775

₹177.45

Valiant Communications

7D

5.9%

1Y

163.3%

590041

₹8.68

Kavveri Telecom Products

7D

-8.0%

1Y

15.3%

BIRLACABLE

₹160.00

Birla Cable

7D

5.2%

1Y

97.4%

517258

₹42.35

Precision Electronics

7D

-8.0%

1Y

73.9%

504112

₹750.30

Nelco

7D

0.2%

1Y

3.4%

523419

₹7.60

Tamilnadu Telecommunications

7D

-7.5%

1Y

6.6%

532376

₹64.35

MRO-TEK Realty

7D

-2.1%

1Y

33.2%

532406

₹426.35

Avantel

7D

-5.4%

1Y

135.0%

540595

₹635.15

Tejas Networks

7D

0.5%

1Y

36.9%

523411

₹432.80

ADC India Communications

7D

2.7%

1Y

37.1%