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Indian (NIFTY) Communications Equipment Industry Analysis

UpdatedApr 13, 2025
DataAggregated Company Financials
Companies20
  • 7D1.6%
  • 3M-31.4%
  • 1Y-5.6%
  • YTDn/a

The Communications Equipment industry is up 1.6% in the last week, with ITI up 2.8%. During this same period, the Vindhya Telelinks underperformed, falling 9.6%. In the past year, the industry is down 5.6%. In the next few years, earnings are forecast to decline by 1.6% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 13 Apr 2025₹586.8b₹238.7b₹4.9b35.1x118.7x2.5x
Tue, 11 Mar 2025₹556.8b₹238.7b₹4.9b33x112.6x2.3x
Thu, 06 Feb 2025₹687.5b₹231.3b₹4.7b37.4x146.8x3x
Sat, 04 Jan 2025₹907.4b₹210.7b₹2.2b39.1x408.1x4.3x
Mon, 02 Dec 2024₹758.9b₹210.6b₹2.2b37x339.9x3.6x
Wed, 30 Oct 2024₹672.6b₹203.3b₹2.1b40.9x324.8x3.3x
Fri, 27 Sep 2024₹749.2b₹177.5b-₹559,479,000.0040.9x-1339.2x4.2x
Sun, 25 Aug 2024₹800.2b₹177.5b-₹559,478,000.0036.7x-1430.2x4.5x
Tue, 23 Jul 2024₹805.9b₹177.1b₹423.9m42.4x1901x4.6x
Thu, 20 Jun 2024₹819.5b₹164.7b-₹580,541,000.0041.2x-1411.6x5x
Sat, 18 May 2024₹741.2b₹165.2b₹1.1b43.6x666.9x4.5x
Mon, 15 Apr 2024₹617.2b₹164.0b₹1.1b44.4x538x3.8x
Wed, 13 Mar 2024₹570.9b₹164.0b₹1.1b40.6x498.6x3.5x
Fri, 09 Feb 2024₹683.9b₹159.3b₹790.9m38.1x864.8x4.3x
Sun, 07 Jan 2024₹663.2b₹161.2b₹2.2b23.8x307.1x4.1x
Tue, 05 Dec 2023₹621.6b₹161.2b₹2.2b23.4x287.9x3.9x
Thu, 02 Nov 2023₹594.4b₹157.7b₹2.0b24.2x300.4x3.8x
Sat, 30 Sep 2023₹538.2b₹158.0b₹2.5b24.5x217.8x3.4x
Mon, 28 Aug 2023₹443.6b₹158.0b₹2.4b25.1x181.2x2.8x
Wed, 26 Jul 2023₹408.9b₹152.2b₹2.1b31.9x194.5x2.7x
Fri, 23 Jun 2023₹399.7b₹150.8b₹2.2b26x178x2.7x
Sun, 21 May 2023₹364.8b₹154.7b₹6.2b30x59x2.4x
Tue, 18 Apr 2023₹340.1b₹140.7b₹3.7b31.9x91.8x2.4x
Thu, 16 Mar 2023₹322.0b₹140.5b₹3.7b30.1x88.1x2.3x
Sat, 11 Feb 2023₹335.5b₹135.3b₹3.4b37.6x97.5x2.5x
Mon, 09 Jan 2023₹338.2b₹127.3b₹1.1b28.3x318.9x2.7x
Wed, 07 Dec 2022₹369.3b₹127.3b₹1.0b30.5x351.8x2.9x
Fri, 04 Nov 2022₹366.1b₹124.1b₹2.2b31.6x167.9x2.9x
Sun, 02 Oct 2022₹345.5b₹121.5b₹2.0b25x173.5x2.8x
Tue, 30 Aug 2022₹351.8b₹121.5b₹2.0b23.2x176.8x2.9x
Thu, 28 Jul 2022₹303.1b₹122.0b₹3.2b22x93.7x2.5x
Sat, 25 Jun 2022₹280.8b₹119.3b₹4.7b25.9x59.5x2.4x
Mon, 23 May 2022₹277.4b₹122.2b₹3.9b19.7x71.4x2.3x
Wed, 20 Apr 2022₹311.4b₹120.9b₹6.2b24.8x50.6x2.6x
Price to Earnings Ratio

50.6x


Total Market Cap: ₹311.4bTotal Earnings: ₹6.2bTotal Revenue: ₹120.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Communications Equipment Industry Price to Earnings3Y Average 36.5x202320242025
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 119x which is higher than its 3-year average PE of 36.5x.
  • The 3-year average PS ratio of 3.2x is higher than the industry's current PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Communications Equipment industry have declined 7.0% per year over the last three years.
  • Meanwhile revenues for these companies have grown 25% 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-0.46%
Tech-1.75%
Communications1.64%
Communications Equipment1.64%
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₹252.702.8%
+₹6.6b
-3.8%PS7.7x
532493 Astra Microwave Products₹721.456.5%
+₹4.2b
8.4%PE51x
532406 Avantel₹115.302.4%
+₹673.0m
5.8%PE45.1x
532374 Sterlite Technologies₹81.571.3%
+₹512.3m
-40.4%PS0.8x
AKSHOPTFBR Aksh Optifibre₹10.9815.1%
+₹234.3m
18.7%PS1.2x
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517258

₹112.70

Precision Electronics

7D

7.1%

1Y

-17.7%

526775

₹515.10

Valiant Communications

7D

4.6%

1Y

11.4%

532374

₹81.57

Sterlite Technologies

7D

1.3%

1Y

-40.4%

BIRLACABLE

₹147.88

Birla Cable

7D

-0.7%

1Y

-43.6%

523411

₹1,260.65

ADC India Communications

7D

-3.6%

1Y

25.1%

532493

₹721.45

Astra Microwave Products

7D

6.5%

1Y

8.4%

TEJASNET

₹837.80

Tejas Networks

7D

-0.6%

1Y

6.9%

532406

₹115.30

Avantel

7D

2.4%

1Y

5.8%

504112

₹860.10

Nelco

7D

-1.7%

1Y

15.7%

523610

₹252.70

ITI

7D

2.8%

1Y

-3.8%

590041

₹45.39

Kavveri Defence & Wireless Technologies

7D

-5.5%

1Y

236.2%

AKSHOPTFBR

₹10.98

Aksh Optifibre

7D

15.1%

1Y

18.7%