Returns On Capital At Frog Cellsat (NSE:FROG) Have Stalled
Jan 21
Have your own idea? Try our Stock Screener
Indian (NIFTY) Communications Equipment Industry Analysis
UpdatedJan 21, 2025
DataAggregated Company Financials
Companies20
- 7D0.2%
- 3M18.9%
- 1Y14.6%
- YTDn/a
Over the last 7 days, the Communications Equipment industry has dropped 7.6%, driven by a pullback from ITI of 8.9%. On the other hand Tejas Networks is actually up 15%. In the past year, the industry has gained 12%. As for the next few years, earnings are expected to grow by 66% per annum.
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 |
|---|---|---|---|---|---|---|
| Tue, 21 Jan 2025 | ₹810.8b | ₹210.0b | ₹2.5b | 44.4x | 330.6x | 3.9x |
| Thu, 19 Dec 2024 | ₹839.3b | ₹210.7b | ₹2.2b | 37.1x | 376.9x | 4x |
| Sat, 16 Nov 2024 | ₹743.3b | ₹202.7b | ₹1.6b | 38.8x | 458.4x | 3.7x |
| Mon, 14 Oct 2024 | ₹715.6b | ₹177.7b | -₹491,184,000.00 | 33.9x | -1456.8x | 4x |
| Wed, 11 Sep 2024 | ₹789.4b | ₹177.5b | -₹559,478,000.00 | 36.2x | -1410.9x | 4.4x |
| Fri, 09 Aug 2024 | ₹773.8b | ₹173.8b | -₹486,171,000.00 | 40.1x | -1591.6x | 4.5x |
| Sun, 07 Jul 2024 | ₹838.7b | ₹164.7b | -₹580,541,000.00 | 47.1x | -1444.6x | 5.1x |
| Tue, 04 Jun 2024 | ₹744.1b | ₹164.0b | -₹358,924,000.00 | 40.1x | -2073.1x | 4.5x |
| Thu, 02 May 2024 | ₹728.9b | ₹172.4b | ₹2.8b | 53x | 264.2x | 4.2x |
| Sat, 30 Mar 2024 | ₹546.2b | ₹164.0b | ₹1.1b | 36.6x | 476.2x | 3.3x |
| Mon, 26 Feb 2024 | ₹654.4b | ₹164.0b | ₹1.1b | 46.8x | 571.6x | 4x |
| Wed, 24 Jan 2024 | ₹655.2b | ₹164.9b | ₹2.1b | 23.1x | 311.2x | 4x |
| Fri, 22 Dec 2023 | ₹636.2b | ₹161.2b | ₹2.2b | 23.7x | 294.6x | 3.9x |
| Sun, 19 Nov 2023 | ₹605.5b | ₹161.4b | ₹2.2b | 25.3x | 274.7x | 3.8x |
| Tue, 17 Oct 2023 | ₹612.6b | ₹158.0b | ₹2.5b | 24.2x | 247.9x | 3.9x |
| Thu, 14 Sep 2023 | ₹534.6b | ₹158.0b | ₹2.5b | 25.1x | 216.3x | 3.4x |
| Sat, 12 Aug 2023 | ₹426.9b | ₹153.0b | ₹2.4b | 26.5x | 176.9x | 2.8x |
| Mon, 10 Jul 2023 | ₹388.5b | ₹150.8b | ₹2.2b | 29.5x | 173x | 2.6x |
| Wed, 07 Jun 2023 | ₹382.1b | ₹150.9b | ₹1.9b | 28.3x | 197.9x | 2.5x |
| Fri, 05 May 2023 | ₹352.2b | ₹143.4b | ₹4.0b | 36.1x | 87x | 2.5x |
| Sun, 02 Apr 2023 | ₹314.8b | ₹140.5b | ₹3.7b | 29.4x | 86.1x | 2.2x |
| Tue, 28 Feb 2023 | ₹320.8b | ₹140.5b | ₹3.7b | 31.3x | 87.7x | 2.3x |
| Thu, 26 Jan 2023 | ₹334.6b | ₹127.3b | ₹1.1b | 26.4x | 304.9x | 2.6x |
| Sat, 24 Dec 2022 | ₹312.9b | ₹127.3b | ₹1.1b | 25x | 295.1x | 2.5x |
| Mon, 21 Nov 2022 | ₹360.7b | ₹127.3b | ₹1.1b | 30.8x | 342.7x | 2.8x |
| Wed, 19 Oct 2022 | ₹353.4b | ₹122.8b | ₹2.1b | 23.8x | 166.3x | 2.9x |
| Fri, 16 Sep 2022 | ₹360.1b | ₹121.5b | ₹2.0b | 24.2x | 180.8x | 3x |
| Sun, 14 Aug 2022 | ₹303.3b | ₹121.2b | ₹2.0b | 22.1x | 149.4x | 2.5x |
| Tue, 12 Jul 2022 | ₹278.1b | ₹119.3b | ₹4.7b | 24.8x | 58.9x | 2.3x |
| Thu, 09 Jun 2022 | ₹287.4b | ₹119.3b | ₹4.7b | 18.4x | 60.8x | 2.4x |
| Sat, 07 May 2022 | ₹285.6b | ₹121.6b | ₹3.8b | 20x | 75.4x | 2.3x |
| Mon, 04 Apr 2022 | ₹298.7b | ₹120.9b | ₹6.2b | 26x | 48.5x | 2.5x |
| Wed, 02 Mar 2022 | ₹263.5b | ₹120.9b | ₹6.2b | 19.2x | 42.8x | 2.2x |
| Fri, 28 Jan 2022 | ₹299.9b | ₹124.1b | ₹6.9b | 29.1x | 43.2x | 2.4x |
Price to Earnings Ratio
43.2x
Current Industry PE
- Investors are optimistic on the Indian Communications Equipment industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 322x which is higher than its 3-year average PE of 29.7x.
- 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 Equipment industry have declined 29% 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 Comparison
How does Indian Communications Equipment compare with similar industries?
| IN Market | 3.44% | |
| Tech | -3.52% | |
| Communications | 0.21% | |
| Communications Equipment | 0.21% | |
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 | |
|---|---|---|---|---|---|
| TEJASNET Tejas Networks | ₹1.13k | 14.7% +₹25.5b | 39.4% | PE43.8x | |
| 532493 Astra Microwave Products | ₹782.20 | 7.0% +₹4.8b | 41.4% | PE57x | |
| 532374 Sterlite Technologies | ₹110.95 | 7.2% +₹3.7b | -23.6% | PS1.1x | |
| VINDHYATEL Vindhya Telelinks | ₹1.84k | 4.4% +₹917.3m | -22.4% | PE9.4x | |
| FROG Frog Cellsat | ₹350.70 | 16.4% +₹764.1m | 72.2% | PE34.8x |