Have your own idea? Try our Stock Screener
Indian (NIFTY) Communications Equipment Industry Analysis
UpdatedSep 18, 2025
DataAggregated Company Financials
Companies20
- 7D4.8%
- 3M2.3%
- 1Y-9.4%
- YTDn/a
The Communications Equipment industry is up 5.2% in the last week, with ITI up 3.7%. In contrast, the industry has lost 10% in the last 12 months. Earnings are forecast to grow by 36% 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 |
|---|---|---|---|---|---|---|
| Thu, 18 Sep 2025 | ₹704.7b | ₹227.5b | ₹5.2b | 47.8x | 135.8x | 3.1x |
| Sat, 16 Aug 2025 | ₹644.9b | ₹227.4b | ₹5.2b | 43.1x | 124.9x | 2.8x |
| Mon, 14 Jul 2025 | ₹686.7b | ₹238.3b | ₹6.7b | 25.8x | 102.9x | 2.9x |
| Wed, 11 Jun 2025 | ₹707.5b | ₹238.3b | ₹6.4b | 25.2x | 110.3x | 3x |
| Fri, 09 May 2025 | ₹552.8b | ₹244.4b | ₹2.6b | 23.4x | 212.1x | 2.3x |
| Sun, 06 Apr 2025 | ₹577.4b | ₹238.7b | ₹4.9b | 36.2x | 116.8x | 2.4x |
| Tue, 04 Mar 2025 | ₹547.9b | ₹238.7b | ₹4.9b | 33.1x | 110.8x | 2.3x |
| Thu, 30 Jan 2025 | ₹692.9b | ₹231.3b | ₹4.7b | 37.4x | 148x | 3x |
| Sat, 28 Dec 2024 | ₹779.0b | ₹210.7b | ₹2.2b | 37.7x | 349.8x | 3.7x |
| Mon, 25 Nov 2024 | ₹728.7b | ₹210.6b | ₹2.2b | 37.2x | 326.3x | 3.5x |
| Wed, 23 Oct 2024 | ₹680.7b | ₹202.3b | ₹2.3b | 41.9x | 292.6x | 3.4x |
| Fri, 20 Sep 2024 | ₹757.6b | ₹177.5b | -₹559,479,000.00 | 39x | -1354.1x | 4.3x |
| Sun, 18 Aug 2024 | ₹756.3b | ₹177.5b | -₹559,478,000.00 | 38.3x | -1351.8x | 4.3x |
| Tue, 16 Jul 2024 | ₹846.8b | ₹164.1b | -₹592,241,000.00 | 44.3x | -1429.8x | 5.2x |
| Thu, 13 Jun 2024 | ₹778.7b | ₹163.2b | -₹243,775,000.00 | 38x | -3194.2x | 4.8x |
| Sat, 11 May 2024 | ₹684.0b | ₹165.6b | ₹1.2b | 37.3x | 575.4x | 4.1x |
| Mon, 08 Apr 2024 | ₹609.2b | ₹164.0b | ₹1.1b | 42.1x | 531x | 3.7x |
| Wed, 06 Mar 2024 | ₹620.2b | ₹164.0b | ₹1.1b | 43.8x | 541.7x | 3.8x |
| Fri, 02 Feb 2024 | ₹677.6b | ₹159.6b | ₹845.7m | 34.3x | 801.2x | 4.2x |
| Sun, 31 Dec 2023 | ₹651.5b | ₹161.2b | ₹2.2b | 23.7x | 301.7x | 4x |
| Tue, 28 Nov 2023 | ₹625.8b | ₹161.5b | ₹2.2b | 24.6x | 284.4x | 3.9x |
| Thu, 26 Oct 2023 | ₹590.6b | ₹159.7b | ₹2.4b | 22.6x | 247.3x | 3.7x |
| Sat, 23 Sep 2023 | ₹515.0b | ₹158.0b | ₹2.5b | 24.9x | 208.4x | 3.3x |
| Mon, 21 Aug 2023 | ₹426.7b | ₹158.0b | ₹2.4b | 24.3x | 174.3x | 2.7x |
| Wed, 19 Jul 2023 | ₹415.5b | ₹151.3b | ₹2.3b | 34.7x | 181.5x | 2.7x |
| Fri, 16 Jun 2023 | ₹385.3b | ₹150.8b | ₹2.2b | 26.1x | 171.6x | 2.6x |
| Sun, 14 May 2023 | ₹371.5b | ₹143.4b | ₹4.0b | 38.9x | 91.8x | 2.6x |
| Tue, 11 Apr 2023 | ₹331.8b | ₹140.5b | ₹3.7b | 32.7x | 90.7x | 2.4x |
| Thu, 09 Mar 2023 | ₹342.2b | ₹140.5b | ₹3.7b | 31.4x | 93.6x | 2.4x |
| Sat, 04 Feb 2023 | ₹324.5b | ₹133.2b | ₹3.1b | 29x | 104.4x | 2.4x |
| Mon, 02 Jan 2023 | ₹341.1b | ₹127.3b | ₹1.1b | 28.4x | 321.7x | 2.7x |
| Wed, 30 Nov 2022 | ₹364.9b | ₹127.3b | ₹1.0b | 30.1x | 347.6x | 2.9x |
| Fri, 28 Oct 2022 | ₹357.4b | ₹123.5b | ₹2.1b | 26.9x | 168.2x | 2.9x |
| Sun, 25 Sep 2022 | ₹341.6b | ₹121.5b | ₹2.0b | 23.6x | 171.5x | 2.8x |
Price to Earnings Ratio
171.5x
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 136x which is higher than its 3-year average PE of 43.5x.
- The industry is trading close to its 3-year average PS ratio of 3.3x.
Past Earnings Growth
- The earnings for companies in the Communications Equipment industry have grown 38% per year over the last three years.
- Revenues for these companies have grown 23% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Communications Equipment compare with similar industries?
| IN Market | 1.75% | |
| Tech | 1.13% | |
| Communications | 4.76% | |
| Communications Equipment | 4.76% | |
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 | |
|---|---|---|---|---|---|
| 523610 ITI | ₹319.90 | 3.7% +₹10.9b | 12.3% | PS8.6x | |
| 532493 Astra Microwave Products | ₹1.11k | 7.6% +₹7.6b | 22.8% | PE66.2x | |
| TEJASNET Tejas Networks | ₹619.05 | 4.7% +₹5.0b | -49.8% | PE62.5x | |
| 532374 Sterlite Technologies | ₹123.85 | 8.1% +₹4.5b | -3.7% | PS1.5x | |
| 532406 Avantel | ₹176.85 | 4.2% +₹1.9b | 2.4% | PE89.6x |
