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May 24
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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 30 May 2023 | ₹371.2b | ₹154.5b | ₹6.2b | 28x | 59.8x | 2.4x |
| Thu, 27 Apr 2023 | ₹343.4b | ₹142.5b | ₹4.0b | 33.7x | 85.3x | 2.4x |
| Sat, 25 Mar 2023 | ₹323.6b | ₹140.5b | ₹3.7b | 29x | 88.5x | 2.3x |
| Mon, 20 Feb 2023 | ₹344.3b | ₹140.5b | ₹3.7b | 32.3x | 94.2x | 2.4x |
| Wed, 18 Jan 2023 | ₹338.7b | ₹127.3b | ₹1.1b | 28.1x | 319.4x | 2.7x |
| Fri, 16 Dec 2022 | ₹361.6b | ₹127.3b | ₹1.0b | 28.7x | 344.5x | 2.8x |
| Sun, 13 Nov 2022 | ₹357.2b | ₹126.4b | ₹1.5b | 31.3x | 233.3x | 2.8x |
| Tue, 11 Oct 2022 | ₹373.1b | ₹121.5b | ₹2.0b | 25.2x | 187.4x | 3.1x |
| Thu, 08 Sep 2022 | ₹356.5b | ₹121.5b | ₹2.0b | 25.8x | 179.2x | 2.9x |
| Sat, 06 Aug 2022 | ₹313.0b | ₹121.5b | ₹2.4b | 30.6x | 128.2x | 2.6x |
| Mon, 04 Jul 2022 | ₹275.2b | ₹119.3b | ₹4.7b | 23.1x | 58.3x | 2.3x |
| Wed, 01 Jun 2022 | ₹279.5b | ₹119.3b | ₹4.7b | 18.5x | 59.1x | 2.3x |
| Fri, 29 Apr 2022 | ₹317.2b | ₹120.3b | ₹5.3b | 21.4x | 59.7x | 2.6x |
| Sun, 27 Mar 2022 | ₹290.4b | ₹120.9b | ₹6.2b | 23.7x | 47.2x | 2.4x |
| Tue, 22 Feb 2022 | ₹283.2b | ₹120.9b | ₹6.2b | 20.3x | 46x | 2.3x |
| Thu, 20 Jan 2022 | ₹329.0b | ₹123.7b | ₹9.5b | 27x | 34.5x | 2.7x |
| Sat, 18 Dec 2021 | ₹330.5b | ₹123.7b | ₹9.5b | 21.7x | 34.7x | 2.7x |
| Mon, 15 Nov 2021 | ₹339.0b | ₹124.3b | ₹9.5b | 25.7x | 35.8x | 2.7x |
| Wed, 13 Oct 2021 | ₹341.4b | ₹118.0b | ₹8.2b | 28.2x | 41.5x | 2.9x |
| Fri, 10 Sep 2021 | ₹323.7b | ₹118.0b | ₹8.2b | 29x | 39.3x | 2.7x |
| Sun, 08 Aug 2021 | ₹316.6b | ₹117.9b | ₹8.2b | 29.4x | 38.6x | 2.7x |
| Sat, 01 May 2021 | ₹241.6b | ₹110.4b | ₹6.2b | 30.8x | 39.2x | 2.2x |
| Tue, 02 Feb 2021 | ₹228.6b | ₹98.1b | -₹1,516,912,418.00 | 33x | -150.7x | 2.3x |
| Fri, 06 Nov 2020 | ₹204.5b | ₹100.2b | -₹1,384,891,832.00 | 29.3x | -147.7x | 2x |
| Mon, 10 Aug 2020 | ₹200.5b | ₹103.0b | ₹332.5m | 25.8x | 603.2x | 1.9x |
Price to Earnings Ratio
52.2x
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 Market | 1.79% | |
| Tech | 1.03% | |
| Communications | 1.15% | |
| Communications Equipment | 1.15% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TEJASNET Tejas Networks | ₹667.00 | 2.4% +₹2.7b | 55.7% | PS12.3x | |
| 504112 Nelco | ₹610.95 | 2.0% +₹268.1m | 4.4% | PE70.2x | |
| BIRLACABLE Birla Cable | ₹175.80 | 1.1% +₹58.5m | 41.2% | PE16x | |
| 517258 Precision Electronics | ₹34.36 | 2.1% +₹9.8m | 7.4% | PS1.4x | |
| 526775 Valiant Communications | ₹150.70 | 0.5% +₹5.4m | 51.3% | PE162.3x |