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Indian (NIFTY) Communications Industry Analysis

UpdatedApr 19, 2024
DataAggregated Company Financials
Companies19
  • 7D-3.2%
  • 3M-14.0%
  • 1Y69.7%
  • YTD-9.8%

Over the last 7 days, the Communications industry has dropped 3.2%, driven by a pullback from ITI of 6.1%. In the past year, the industry has gained 70%. Earnings are forecast to grow by 56% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 20 Apr 2024₹606.9b₹163.9b₹1.1b45.9x529x3.7x
Mon, 18 Mar 2024₹565.5b₹164.0b₹1.1b39.4x492.9x3.4x
Wed, 14 Feb 2024₹611.4b₹164.2b₹1.3b42.4x459.3x3.7x
Fri, 12 Jan 2024₹656.1b₹161.2b₹2.2b23.8x303.8x4.1x
Sun, 10 Dec 2023₹640.5b₹161.2b₹2.2b23.4x296.6x4x
Tue, 07 Nov 2023₹604.8b₹157.7b₹2.0b24.4x308.8x3.8x
Thu, 05 Oct 2023₹538.2b₹158.0b₹2.5b23.7x217.8x3.4x
Sat, 02 Sep 2023₹458.4b₹158.0b₹2.4b27.5x187.2x2.9x
Mon, 31 Jul 2023₹422.1b₹152.5b₹2.3b31x179.8x2.8x
Wed, 28 Jun 2023₹391.4b₹150.8b₹2.2b25.9x174.3x2.6x
Fri, 26 May 2023₹369.1b₹154.7b₹6.2b29.7x59.7x2.4x
Sun, 23 Apr 2023₹338.4b₹143.2b₹4.0b31.3x84.6x2.4x
Tue, 21 Mar 2023₹318.0b₹140.5b₹3.7b29.6x87x2.3x
Thu, 16 Feb 2023₹339.2b₹140.5b₹3.7b31.3x92.7x2.4x
Sat, 14 Jan 2023₹342.8b₹127.3b₹1.1b28.7x323.3x2.7x
Mon, 12 Dec 2022₹357.5b₹127.3b₹1.0b30.6x340.6x2.8x
Wed, 09 Nov 2022₹359.9b₹126.5b₹1.5b32x235.1x2.8x
Fri, 07 Oct 2022₹363.5b₹121.5b₹2.0b24.7x182.5x3x
Sun, 04 Sep 2022₹357.9b₹121.5b₹2.0b21.4x179.9x2.9x
Tue, 02 Aug 2022₹308.9b₹122.2b₹3.3b23x94.5x2.5x
Thu, 30 Jun 2022₹281.7b₹119.3b₹4.7b23.9x59.7x2.4x
Sat, 28 May 2022₹276.5b₹121.9b₹4.9b17.1x56.5x2.3x
Mon, 25 Apr 2022₹337.8b₹120.2b₹5.3b22.2x63.4x2.8x
Wed, 23 Mar 2022₹288.9b₹120.9b₹6.2b23.9x46.9x2.4x
Fri, 18 Feb 2022₹293.9b₹120.9b₹6.2b20.9x47.7x2.4x
Sun, 16 Jan 2022₹348.4b₹123.7b₹9.5b27.2x36.5x2.8x
Tue, 14 Dec 2021₹346.3b₹123.7b₹9.5b23.6x36.3x2.8x
Thu, 11 Nov 2021₹336.5b₹122.0b₹8.8b28.4x38.1x2.8x
Sat, 09 Oct 2021₹346.1b₹118.0b₹8.2b28.3x42.1x2.9x
Mon, 06 Sep 2021₹305.7b₹118.0b₹8.2b27.1x37.2x2.6x
Wed, 04 Aug 2021₹316.9b₹117.9b₹8.2b30.1x38.7x2.7x
Sat, 08 May 2021₹241.6b₹110.4b₹6.2b30.8x39.2x2.2x
Price to Earnings Ratio

39.2x


Total Market Cap: ₹241.6bTotal Earnings: ₹6.2bTotal Revenue: ₹110.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Communications Industry Price to Earnings3Y Average 164.7x202220232024
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 529x which is higher than its 3-year average PE of 164x.
  • The 3-year average PS ratio of 2.8x is lower than the industry's current PS ratio of 3.7x.
Past Earnings Growth
  • The earnings for companies in the Communications industry have declined 43% per year over the last three years.
  • Meanwhile revenues for these companies have grown 14% 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-2.46%
Tech-4.09%
Communications-3.22%
Communications Equipment-3.22%
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₹697.804.9%
+₹3.1b
172.2%PE82.6x
523411 ADC India Communications₹1.18k17.0%
+₹788.7m
57.3%PE42x
526775 Valiant Communications₹553.0519.6%
+₹692.2m
255.5%PE91.9x
532406 Avantel₹111.242.1%
+₹559.5m
241.4%PE54.1x
523419 Tamilnadu Telecommunications₹10.795.8%
+₹27.0m
74.0%PE-3.7x
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Latest News

523411

₹1,179.05

ADC India Communications

7D

17.0%

1Y

57.3%

526775

₹553.05

Valiant Communications

7D

19.6%

1Y

255.5%

532374

₹126.35

Sterlite Technologies

7D

-7.7%

1Y

-20.1%

504112

₹741.90

Nelco

7D

-0.2%

1Y

38.7%

TEJASNET

₹775.55

Tejas Networks

7D

-1.1%

1Y

22.4%

MRO-TEK

₹80.20

MRO-TEK Realty

7D

-3.7%

1Y

41.9%

532493

₹697.80

Astra Microwave Products

7D

4.9%

1Y

172.2%

BIRLACABLE

₹259.20

Birla Cable

7D

-1.1%

1Y

101.2%

532406

₹111.24

Avantel

7D

2.1%

1Y

241.4%

VINDHYATEL

₹2,384.95

Vindhya Telelinks

7D

-5.5%

1Y

40.9%

523610

₹248.45

ITI

7D

-5.5%

1Y

162.9%

517258

₹132.90

Precision Electronics

7D

-3.0%

1Y

358.3%

523419

₹10.79

Tamilnadu Telecommunications

7D

5.8%

1Y

74.0%