Indian (NIFTY) Communications Equipment Industry Analysis
UpdatedMay 26, 2022
DataAggregated Company Financials
Companies16
- 7D-6.0%
- 3M-1.8%
- 1Y-3.9%
- YTD-25.8%
Over the last 7 days, the Communications Equipment industry has dropped 6.0%, driven by a pullback from Tejas Networks of 2.4%. In contrast, ITI has gained 15%. The industry has fallen 3.9% in the last year. As for the next few years, earnings are expected to grow by 61% 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 |
|---|---|---|---|---|
| Sat, 28 May 2022 | ₹263.4b | ₹122.2b | ₹3.9b | 18.4x |
| Mon, 25 Apr 2022 | ₹337.8b | ₹120.2b | ₹5.3b | 22.2x |
| Wed, 23 Mar 2022 | ₹288.9b | ₹120.9b | ₹6.2b | 23.9x |
| Fri, 18 Feb 2022 | ₹293.9b | ₹120.9b | ₹6.2b | 20.9x |
| Sun, 16 Jan 2022 | ₹348.4b | ₹123.7b | ₹9.5b | 27.2x |
| Tue, 14 Dec 2021 | ₹346.3b | ₹123.7b | ₹9.5b | 23.6x |
| Thu, 11 Nov 2021 | ₹336.5b | ₹122.0b | ₹8.8b | 28.4x |
| Sat, 09 Oct 2021 | ₹346.1b | ₹118.0b | ₹8.2b | 28.3x |
| Mon, 06 Sep 2021 | ₹305.7b | ₹118.0b | ₹8.2b | 27.1x |
| Wed, 04 Aug 2021 | ₹316.9b | ₹117.9b | ₹8.2b | 30.1x |
| Sat, 08 May 2021 | ₹241.6b | ₹110.4b | ₹6.2b | 30.8x |
| Tue, 09 Feb 2021 | ₹228.6b | ₹98.1b | -₹1,516,912,418.00 | 33x |
| Mon, 02 Nov 2020 | ₹204.5b | ₹100.2b | -₹1,384,891,832.00 | 29.3x |
| Thu, 06 Aug 2020 | ₹200.5b | ₹103.0b | ₹332.5m | 25.8x |
| Sun, 10 May 2020 | ₹139.3b | ₹110.6b | ₹2.7b | 21.1x |
| Sat, 01 Feb 2020 | ₹166.0b | ₹121.0b | ₹8.9b | 19.5x |
| Tue, 05 Nov 2019 | ₹173.1b | ₹120.8b | ₹9.8b | 13.2x |
| Fri, 09 Aug 2019 | ₹167.2b | ₹120.4b | ₹10.1b | 9.9x |
Median PE Ratio
15.5x
Current Industry PE
- Investors are more pessimistic on the 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 18.4x which is lower than its 3-year average PE of 23.2x.
Past Earnings Growth
- The earnings for companies in the Communications Equipment industry have declined 30% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, 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 | -3.09% | |
| Tech | -7.74% | |
| Communications | -6.04% | |
| Communications Equipment | -6.04% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of 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 | ₹94.45 | 7.8% +₹7.1b | -22.7% | PS74.3x | |
| 532975 Aishwarya Technologies and Telecom | ₹2.57 | 26.6% +₹12.9m | -14.3% | PS0.6x | |
| 517258 Precision Electronics | ₹32.90 | 2.8% +₹12.5m | -7.8% | PS1.2x | |
| SMARTLINK Smartlink Holdings | ₹115.30 | 1.1% +₹12.0m | 22.7% | PS11.1x | |
| 500346 Punjab Communications | ₹35.50 | 2.6% +₹10.8m | 45.5% | PS2.8x |