Header cover image

Indian (NIFTY) Communications Equipment Industry Analysis

UpdatedMay 30, 2023
DataAggregated Company Financials
Companies17
  • 7D1.1%
  • 3M14.5%
  • 1Y26.8%
  • YTD2.6%

The Communications Equipment industry is up 1.1% in the last week, with Tejas Networks up 3.3%. During this same period, the ADC India Communications underperformed, falling 11%. This means that the industry has gained 27% over the past year. As for the next few years, earnings are expected to grow by 33% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 30 May 2023₹371.2b₹154.5b₹6.2b28x59.8x2.4x
Thu, 27 Apr 2023₹343.4b₹142.5b₹4.0b33.7x85.3x2.4x
Sat, 25 Mar 2023₹323.6b₹140.5b₹3.7b29x88.5x2.3x
Mon, 20 Feb 2023₹344.3b₹140.5b₹3.7b32.3x94.2x2.4x
Wed, 18 Jan 2023₹338.7b₹127.3b₹1.1b28.1x319.4x2.7x
Fri, 16 Dec 2022₹361.6b₹127.3b₹1.0b28.7x344.5x2.8x
Sun, 13 Nov 2022₹357.2b₹126.4b₹1.5b31.3x233.3x2.8x
Tue, 11 Oct 2022₹373.1b₹121.5b₹2.0b25.2x187.4x3.1x
Thu, 08 Sep 2022₹356.5b₹121.5b₹2.0b25.8x179.2x2.9x
Sat, 06 Aug 2022₹313.0b₹121.5b₹2.4b30.6x128.2x2.6x
Mon, 04 Jul 2022₹275.2b₹119.3b₹4.7b23.1x58.3x2.3x
Wed, 01 Jun 2022₹279.5b₹119.3b₹4.7b18.5x59.1x2.3x
Fri, 29 Apr 2022₹317.2b₹120.3b₹5.3b21.4x59.7x2.6x
Sun, 27 Mar 2022₹290.4b₹120.9b₹6.2b23.7x47.2x2.4x
Tue, 22 Feb 2022₹283.2b₹120.9b₹6.2b20.3x46x2.3x
Thu, 20 Jan 2022₹329.0b₹123.7b₹9.5b27x34.5x2.7x
Sat, 18 Dec 2021₹330.5b₹123.7b₹9.5b21.7x34.7x2.7x
Mon, 15 Nov 2021₹339.0b₹124.3b₹9.5b25.7x35.8x2.7x
Wed, 13 Oct 2021₹341.4b₹118.0b₹8.2b28.2x41.5x2.9x
Fri, 10 Sep 2021₹323.7b₹118.0b₹8.2b29x39.3x2.7x
Sun, 08 Aug 2021₹316.6b₹117.9b₹8.2b29.4x38.6x2.7x
Sat, 01 May 2021₹241.6b₹110.4b₹6.2b30.8x39.2x2.2x
Tue, 02 Feb 2021₹228.6b₹98.1b-₹1,516,912,418.0033x-150.7x2.3x
Fri, 06 Nov 2020₹204.5b₹100.2b-₹1,384,891,832.0029.3x-147.7x2x
Mon, 10 Aug 2020₹200.5b₹103.0b₹332.5m25.8x603.2x1.9x
Price to Earnings Ratio

52.2x


Total Market Cap: ₹138.8bTotal Earnings: ₹2.7bTotal Revenue: ₹110.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Communications Equipment Industry Price to Earnings3Y Average 94.6x202120222023
Current Industry PE
  • Investors are pessimistic on the Indian Communications Equipment industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 59.8x which is lower than its 3-year average PE of 94.6x.
  • The industry is trading close to its 3-year average PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Communications Equipment industry have grown 33% per year over the last three years.
  • Revenues for these companies have grown 12% 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 Market1.79%
Tech1.03%
Communications1.15%
Communications Equipment1.15%
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
TEJASNET Tejas Networks₹667.002.4%
+₹2.7b
55.7%PS12.3x
504112 Nelco₹610.952.0%
+₹268.1m
4.4%PE70.2x
BIRLACABLE Birla Cable₹175.801.1%
+₹58.5m
41.2%PE16x
517258 Precision Electronics₹34.362.1%
+₹9.8m
7.4%PS1.4x
526775 Valiant Communications₹150.700.5%
+₹5.4m
51.3%PE162.3x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

523411

₹688.75

ADC India Communications

7D

-15.2%

1Y

102.3%

504112

₹610.95

Nelco

7D

2.0%

1Y

4.4%

TEJASNET

₹667.00

Tejas Networks

7D

2.4%

1Y

55.7%

532493

₹339.50

Astra Microwave Products

7D

-2.7%

1Y

54.6%

526775

₹150.70

Valiant Communications

7D

0.5%

1Y

51.3%

531158

₹12.71

Catvision

7D

0.5%

1Y

24.0%

AKSHOPTFBR

₹8.60

Aksh Optifibre

7D

-3.4%

1Y

-14.0%

523610

₹104.83

ITI

7D

-4.3%

1Y

14.1%

VINDHYATEL

₹1,988.65

Vindhya Telelinks

7D

-1.1%

1Y

114.9%

517258

₹34.36

Precision Electronics

7D

2.1%

1Y

7.4%

SMARTLINK

₹155.25

Smartlink Holdings

7D

0.06%

1Y

36.7%

532406

₹495.30

Avantel

7D

-2.0%

1Y

74.4%

532374

₹150.90

Sterlite Technologies

7D

-2.0%

1Y

-13.3%

FROG

₹170.75

Frog Cellsat

7D

-1.3%

1Y

n/a

500346

₹29.78

Punjab Communications

7D

0.3%

1Y

-19.5%