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Indian (NIFTY) Communications Equipment Industry Analysis
UpdatedAug 19, 2025
DataAggregated Company Financials
Companies20
- 7D0.3%
- 3M3.1%
- 1Y-16.5%
- YTDn/a
Last week, the Communications Equipment industry hasn't moved much but Sterlite Technologies is up 7.1% in that time. Unfortunately though, the industry is down 17% over the past 12 months. Earnings are forecast to grow by 37% 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 |
|---|---|---|---|---|---|---|
| Tue, 19 Aug 2025 | ₹651.4b | ₹227.4b | ₹5.2b | 43.2x | 125.9x | 2.9x |
| Thu, 17 Jul 2025 | ₹686.6b | ₹224.7b | ₹4.0b | 25.6x | 173.5x | 3.1x |
| Sat, 14 Jun 2025 | ₹699.8b | ₹238.3b | ₹6.4b | 24.5x | 109.8x | 2.9x |
| Mon, 12 May 2025 | ₹552.9b | ₹244.3b | ₹2.6b | 24.6x | 216.2x | 2.3x |
| Wed, 09 Apr 2025 | ₹567.3b | ₹238.7b | ₹4.9b | 35x | 114.7x | 2.4x |
| Fri, 07 Mar 2025 | ₹561.5b | ₹238.7b | ₹4.9b | 35.2x | 113.6x | 2.4x |
| Sun, 02 Feb 2025 | ₹704.6b | ₹231.3b | ₹4.7b | 38.6x | 150.5x | 3x |
| Tue, 31 Dec 2024 | ₹817.5b | ₹210.7b | ₹2.2b | 36.5x | 367.1x | 3.9x |
| Thu, 28 Nov 2024 | ₹748.7b | ₹210.6b | ₹2.2b | 37.4x | 335.3x | 3.6x |
| Sat, 26 Oct 2024 | ₹664.4b | ₹202.2b | ₹2.3b | 40.6x | 289.6x | 3.3x |
| Mon, 23 Sep 2024 | ₹757.6b | ₹177.5b | -₹559,479,000.00 | 37.4x | -1354.1x | 4.3x |
| Wed, 21 Aug 2024 | ₹780.3b | ₹177.5b | -₹559,478,000.00 | 37.9x | -1394.7x | 4.4x |
| Fri, 19 Jul 2024 | ₹831.1b | ₹164.1b | -₹607,461,000.00 | 43.5x | -1368.1x | 5.1x |
| Sun, 16 Jun 2024 | ₹803.9b | ₹164.7b | -₹243,775,000.00 | 37.9x | -3297.5x | 4.9x |
| Tue, 14 May 2024 | ₹698.7b | ₹165.2b | ₹1.1b | 40.7x | 628.7x | 4.2x |
| Thu, 11 Apr 2024 | ₹614.6b | ₹164.0b | ₹1.1b | 44.9x | 535.8x | 3.7x |
| Sat, 09 Mar 2024 | ₹612.2b | ₹164.0b | ₹1.1b | 43.1x | 534.7x | 3.7x |
| Mon, 05 Feb 2024 | ₹678.7b | ₹159.4b | ₹790.9m | 35.1x | 858.1x | 4.3x |
| Wed, 03 Jan 2024 | ₹660.9b | ₹161.2b | ₹2.2b | 23.9x | 306x | 4.1x |
| Fri, 01 Dec 2023 | ₹605.2b | ₹161.5b | ₹2.2b | 23.1x | 275x | 3.7x |
| Sun, 29 Oct 2023 | ₹601.0b | ₹159.7b | ₹2.4b | 23.2x | 251.6x | 3.8x |
| Tue, 26 Sep 2023 | ₹522.9b | ₹158.0b | ₹2.5b | 24.7x | 211.5x | 3.3x |
| Thu, 24 Aug 2023 | ₹442.8b | ₹158.0b | ₹2.4b | 25.3x | 180.8x | 2.8x |
| Sat, 22 Jul 2023 | ₹424.8b | ₹151.6b | ₹2.3b | 33.1x | 184.8x | 2.8x |
| Mon, 19 Jun 2023 | ₹389.1b | ₹150.8b | ₹2.2b | 25.9x | 173.3x | 2.6x |
| Wed, 17 May 2023 | ₹371.7b | ₹143.4b | ₹4.1b | 39x | 91.6x | 2.6x |
| Fri, 14 Apr 2023 | ₹338.4b | ₹140.5b | ₹3.7b | 35.2x | 92.6x | 2.4x |
| Sun, 12 Mar 2023 | ₹338.3b | ₹140.5b | ₹3.7b | 31x | 92.5x | 2.4x |
| Tue, 07 Feb 2023 | ₹326.4b | ₹133.4b | ₹3.1b | 37x | 103.6x | 2.4x |
| Thu, 05 Jan 2023 | ₹342.6b | ₹127.3b | ₹1.1b | 27.6x | 323.1x | 2.7x |
| Sat, 03 Dec 2022 | ₹368.6b | ₹127.3b | ₹1.0b | 30.4x | 351.2x | 2.9x |
| Mon, 31 Oct 2022 | ₹353.4b | ₹123.5b | ₹2.1b | 28.8x | 166.3x | 2.9x |
| Wed, 28 Sep 2022 | ₹332.7b | ₹121.5b | ₹2.0b | 24.2x | 167.1x | 2.7x |
| Fri, 26 Aug 2022 | ₹330.9b | ₹121.5b | ₹2.0b | 21.7x | 166.3x | 2.7x |
Price to Earnings Ratio
166.3x
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 125x which is higher than its 3-year average PE of 44.8x.
- The 3-year average PS ratio of 3.3x is higher than the industry's current PS ratio of 2.8x.
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 | 1.38% | |
| Tech | 0.20% | |
| Communications | 0.27% | |
| Communications Equipment | 0.27% | |
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 | ₹586.90 | 6.5% +₹6.4b | -53.5% | PE59.2x | |
| 532374 Sterlite Technologies | ₹137.55 | 9.6% +₹5.9b | 1.5% | PS1.6x | |
| 532493 Astra Microwave Products | ₹1.01k | 2.9% +₹2.8b | 15.1% | PE60.2x | |
| 526775 Valiant Communications | ₹959.30 | 8.7% +₹587.4m | 36.5% | PE65.3x | |
| FROG Frog Cellsat | ₹236.95 | 9.3% +₹312.6m | -31.3% | PE15.5x |