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Indian (NIFTY) Communications Equipment Industry Analysis
UpdatedNov 01, 2025
DataAggregated Company Financials
Companies20
- 7D-2.0%
- 3M8.7%
- 1Y-5.8%
- YTDn/a
Over the last 7 days, the Communications Equipment industry has dropped 2.0%, driven by a pullback from ITI of 1.4%. Overall the industry is down 5.8% in 12 months. Looking forward, earnings are forecast to grow by 79% annually.
Industry Valuation and Performance
Has the Indian Communications Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 02 Nov 2025 | ₹683.5b | ₹201.7b | -₹797,343,000.00 | 50.7x | -857.2x | 3.4x |
| Tue, 30 Sep 2025 | ₹670.0b | ₹227.5b | ₹5.2b | 59.5x | 129.1x | 2.9x |
| Thu, 28 Aug 2025 | ₹649.1b | ₹227.5b | ₹5.2b | 49.5x | 125.1x | 2.9x |
| Sat, 26 Jul 2025 | ₹654.2b | ₹224.8b | ₹3.9b | 22.6x | 166.4x | 2.9x |
| Mon, 23 Jun 2025 | ₹694.3b | ₹238.3b | ₹6.4b | 22.8x | 109x | 2.9x |
| Wed, 21 May 2025 | ₹629.2b | ₹234.4b | ₹3.5b | 26.5x | 180.9x | 2.7x |
| Fri, 18 Apr 2025 | ₹614.5b | ₹238.7b | ₹4.9b | 29.2x | 124.7x | 2.6x |
| Sun, 16 Mar 2025 | ₹541.8b | ₹238.7b | ₹4.9b | 33.4x | 109.6x | 2.3x |
| Tue, 11 Feb 2025 | ₹651.4b | ₹231.5b | ₹4.7b | 41.9x | 138.1x | 2.8x |
| Thu, 09 Jan 2025 | ₹911.5b | ₹210.7b | ₹2.2b | 36.3x | 409.9x | 4.3x |
| Sat, 07 Dec 2024 | ₹813.1b | ₹210.7b | ₹2.2b | 38.2x | 365.1x | 3.9x |
| Mon, 04 Nov 2024 | ₹716.5b | ₹202.5b | ₹1.7b | 43.5x | 431.5x | 3.5x |
| Wed, 02 Oct 2024 | ₹728.9b | ₹177.5b | -₹559,479,000.00 | 36.2x | -1302.8x | 4.1x |
| Fri, 30 Aug 2024 | ₹799.0b | ₹177.5b | -₹559,478,000.00 | 35.4x | -1428.2x | 4.5x |
| Sun, 28 Jul 2024 | ₹816.9b | ₹177.1b | ₹423.9m | 44.2x | 1926.9x | 4.6x |
| Tue, 25 Jun 2024 | ₹830.7b | ₹164.7b | -₹580,541,000.00 | 44.1x | -1430.9x | 5x |
| Thu, 23 May 2024 | ₹744.5b | ₹165.0b | ₹1.2b | 41.5x | 615.9x | 4.5x |
| Sat, 20 Apr 2024 | ₹606.9b | ₹163.9b | ₹1.1b | 45.9x | 529x | 3.7x |
| Mon, 18 Mar 2024 | ₹565.5b | ₹164.0b | ₹1.1b | 39.4x | 492.9x | 3.4x |
| Wed, 14 Feb 2024 | ₹611.4b | ₹164.2b | ₹1.3b | 42.4x | 459.3x | 3.7x |
| Fri, 12 Jan 2024 | ₹656.1b | ₹161.2b | ₹2.2b | 23.8x | 303.8x | 4.1x |
| Sun, 10 Dec 2023 | ₹640.5b | ₹161.2b | ₹2.2b | 23.4x | 296.6x | 4x |
| Tue, 07 Nov 2023 | ₹604.8b | ₹157.7b | ₹2.0b | 24.4x | 308.8x | 3.8x |
| Thu, 05 Oct 2023 | ₹538.2b | ₹158.0b | ₹2.5b | 23.7x | 217.8x | 3.4x |
| Sat, 02 Sep 2023 | ₹458.4b | ₹158.0b | ₹2.4b | 27.5x | 187.2x | 2.9x |
| Mon, 31 Jul 2023 | ₹422.1b | ₹152.5b | ₹2.3b | 31x | 179.8x | 2.8x |
| Wed, 28 Jun 2023 | ₹391.4b | ₹150.8b | ₹2.2b | 25.9x | 174.3x | 2.6x |
| Fri, 26 May 2023 | ₹369.1b | ₹154.7b | ₹6.2b | 29.7x | 59.7x | 2.4x |
| Sun, 23 Apr 2023 | ₹338.4b | ₹143.2b | ₹4.0b | 31.3x | 84.6x | 2.4x |
| Tue, 21 Mar 2023 | ₹318.0b | ₹140.5b | ₹3.7b | 29.6x | 87x | 2.3x |
| Thu, 16 Feb 2023 | ₹339.2b | ₹140.5b | ₹3.7b | 31.3x | 92.7x | 2.4x |
| Sat, 14 Jan 2023 | ₹342.8b | ₹127.3b | ₹1.1b | 28.7x | 323.3x | 2.7x |
| Mon, 12 Dec 2022 | ₹357.5b | ₹127.3b | ₹1.0b | 30.6x | 340.6x | 2.8x |
| Wed, 09 Nov 2022 | ₹359.9b | ₹126.5b | ₹1.5b | 32x | 235.1x | 2.8x |
Price to Earnings Ratio
235.1x
Current Industry PE
- Investors are relatively neutral on the Indian Communications Equipment 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 Equipment industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 17% 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 Comparison
How does Indian Communications Equipment compare with similar industries?
| IN Market | 0.30% | |
| Tech | -0.37% | |
| Communications | -1.95% | |
| Communications Equipment | -1.95% | |
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 | |
|---|---|---|---|---|---|
| 504112 Nelco | ₹872.30 | 1.1% +₹222.5m | -5.8% | PE464x | |
| BIRLACABLE Birla Cable | ₹158.81 | 2.0% +₹95.7m | -30.5% | PE95.2x | |
| FROG Frog Cellsat | ₹223.05 | 2.7% +₹92.4m | -35.0% | PE14.7x | |
| 500346 Punjab Communications | ₹61.11 | 10.6% +₹70.5m | 18.8% | PE56.2x | |
| 532975 Telogica | ₹12.48 | 8.3% +₹32.4m | -47.2% | PE36.4x |
