Birla Cable Limited's (NSE:BIRLACABLE) Share Price Is Matching Sentiment Around Its Revenues
May 16
Have your own idea? Try our Stock Screener
Indian (NIFTY) Communications Equipment Industry Analysis
UpdatedMay 19, 2025
DataAggregated Company Financials
Companies20
- 7D15.5%
- 3M9.5%
- 1Y-15.7%
- YTDn/a
In the last week, the Communications Equipment industry is up 16%, with ITI leading the way, up 9.6%. However, the industry is down 16% over the past year. Looking forward, earnings are forecast to grow by 5.1% 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, 20 May 2025 | ₹638.8b | ₹234.4b | ₹3.5b | 27.1x | 183.7x | 2.7x |
| Thu, 17 Apr 2025 | ₹615.3b | ₹238.7b | ₹4.9b | 35.7x | 124.4x | 2.6x |
| Sat, 15 Mar 2025 | ₹541.8b | ₹238.7b | ₹4.9b | 33.4x | 109.6x | 2.3x |
| Mon, 10 Feb 2025 | ₹672.1b | ₹231.5b | ₹4.7b | 43.5x | 142.4x | 2.9x |
| Wed, 08 Jan 2025 | ₹928.1b | ₹210.7b | ₹2.2b | 37.3x | 417.3x | 4.4x |
| Fri, 06 Dec 2024 | ₹769.3b | ₹210.7b | ₹2.2b | 38.1x | 345.4x | 3.7x |
| Sun, 03 Nov 2024 | ₹716.5b | ₹202.5b | ₹1.7b | 43.5x | 431.5x | 3.5x |
| Tue, 01 Oct 2024 | ₹725.9b | ₹177.5b | -₹559,479,000.00 | 36.9x | -1297.5x | 4.1x |
| Thu, 29 Aug 2024 | ₹808.2b | ₹177.5b | -₹559,478,000.00 | 35.9x | -1444.5x | 4.6x |
| Sat, 27 Jul 2024 | ₹816.9b | ₹177.1b | ₹423.9m | 44.2x | 1926.9x | 4.6x |
| Mon, 24 Jun 2024 | ₹818.8b | ₹164.7b | -₹580,541,000.00 | 42x | -1410.4x | 5x |
| Wed, 22 May 2024 | ₹731.7b | ₹165.0b | ₹1.2b | 41.5x | 605.4x | 4.4x |
| Fri, 19 Apr 2024 | ₹606.9b | ₹163.9b | ₹1.1b | 45.9x | 529x | 3.7x |
| Sun, 17 Mar 2024 | ₹565.5b | ₹164.0b | ₹1.1b | 39.4x | 492.9x | 3.4x |
| Tue, 13 Feb 2024 | ₹600.8b | ₹164.0b | ₹1.2b | 48.9x | 489.7x | 3.7x |
| Thu, 11 Jan 2024 | ₹656.1b | ₹161.2b | ₹2.2b | 23.5x | 303.8x | 4.1x |
| Sat, 09 Dec 2023 | ₹640.5b | ₹161.2b | ₹2.2b | 23.4x | 296.6x | 4x |
| Mon, 06 Nov 2023 | ₹598.6b | ₹157.7b | ₹2.0b | 24.2x | 305.6x | 3.8x |
| Wed, 04 Oct 2023 | ₹538.2b | ₹158.0b | ₹2.5b | 23.9x | 217.8x | 3.4x |
| Fri, 01 Sep 2023 | ₹458.6b | ₹158.0b | ₹2.4b | 26.9x | 187.3x | 2.9x |
| Sun, 30 Jul 2023 | ₹422.1b | ₹152.5b | ₹2.3b | 31x | 179.8x | 2.8x |
| Tue, 27 Jun 2023 | ₹390.1b | ₹150.8b | ₹2.2b | 25.7x | 173.7x | 2.6x |
| Thu, 25 May 2023 | ₹369.1b | ₹154.7b | ₹6.2b | 29.7x | 59.7x | 2.4x |
| Sat, 22 Apr 2023 | ₹338.3b | ₹140.7b | ₹3.7b | 31.3x | 91.3x | 2.4x |
| Mon, 20 Mar 2023 | ₹322.5b | ₹140.5b | ₹3.7b | 29.8x | 88.2x | 2.3x |
| Wed, 15 Feb 2023 | ₹328.6b | ₹140.7b | ₹3.7b | 31.3x | 90x | 2.3x |
| Fri, 13 Jan 2023 | ₹335.9b | ₹127.3b | ₹1.1b | 29.5x | 316.8x | 2.6x |
| Sun, 11 Dec 2022 | ₹357.5b | ₹127.3b | ₹1.0b | 30.6x | 340.6x | 2.8x |
| Tue, 08 Nov 2022 | ₹359.9b | ₹126.5b | ₹1.5b | 32x | 235.1x | 2.8x |
| Thu, 06 Oct 2022 | ₹351.2b | ₹121.5b | ₹2.0b | 24.7x | 176.4x | 2.9x |
| Sat, 03 Sep 2022 | ₹357.9b | ₹121.5b | ₹2.0b | 21.4x | 179.9x | 2.9x |
| Mon, 01 Aug 2022 | ₹304.9b | ₹122.2b | ₹3.3b | 23.4x | 93.3x | 2.5x |
| Wed, 29 Jun 2022 | ₹280.5b | ₹119.3b | ₹4.7b | 24.9x | 59.4x | 2.4x |
| Fri, 27 May 2022 | ₹263.4b | ₹122.2b | ₹3.9b | 18.4x | 67.8x | 2.2x |
Price to Earnings Ratio
67.8x
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 184x which is higher than its 3-year average PE of 40.4x.
- The 3-year average PS ratio of 3.2x is higher than the industry's current PS ratio of 2.7x.
Past Earnings Growth
- The earnings for companies in the Communications Equipment industry have declined 3.6% per year over the last three years.
- Meanwhile revenues for these companies have grown 24% 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 | 6.26% | |
| Tech | 6.51% | |
| Communications | 15.54% | |
| Communications Equipment | 15.54% | |
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 | ₹280.70 | 9.6% +₹23.6b | -10.3% | PS8.5x | |
| 532493 Astra Microwave Products | ₹1.08k | 25.0% +₹20.6b | 42.6% | PE76.6x | |
| TEJASNET Tejas Networks | ₹741.65 | 5.6% +₹7.1b | -38.4% | PE29.8x | |
| 532406 Avantel | ₹133.95 | 21.8% +₹5.9b | 12.6% | PE58.1x | |
| 532374 Sterlite Technologies | ₹72.44 | 9.1% +₹2.9b | -43.6% | PS0.9x |