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Indian (NIFTY) Communications Equipment Industry Analysis

UpdatedJun 18, 2024
DataAggregated Company Financials
Companies19
  • 7D6.6%
  • 3M43.6%
  • 1Y99.7%
  • YTDn/a

In the last week, the Communications Equipment industry is up 7.4%, with Tejas Networks leading the way, up 6.0%. During this same period, the Valiant Communications underperformed, falling 6.7%. This means that the industry has gained 99% over the past year. As for the next few years, earnings are expected to grow by 72% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 18 Jun 2024₹803.9b₹164.7b-₹580,541,000.0041.4x-1384.7x4.9x
Thu, 16 May 2024₹740.0b₹165.2b₹1.1b43.9x665.9x4.5x
Sat, 13 Apr 2024₹605.0b₹164.0b₹1.1b43.7x527.5x3.7x
Mon, 11 Mar 2024₹612.2b₹164.0b₹1.1b43.1x534.7x3.7x
Wed, 07 Feb 2024₹695.0b₹159.3b₹790.9m35x878.8x4.4x
Fri, 05 Jan 2024₹663.6b₹161.2b₹2.2b24x307.3x4.1x
Sun, 03 Dec 2023₹608.1b₹161.2b₹2.2b23.3x281.6x3.8x
Tue, 31 Oct 2023₹601.0b₹159.7b₹2.4b22.9x251.6x3.8x
Thu, 28 Sep 2023₹537.6b₹158.0b₹2.5b24.6x217.6x3.4x
Sat, 26 Aug 2023₹443.6b₹158.0b₹2.4b25.1x181.2x2.8x
Mon, 24 Jul 2023₹424.9b₹152.2b₹2.1b33.1x202.1x2.8x
Wed, 21 Jun 2023₹398.9b₹150.8b₹2.2b24.7x177.6x2.6x
Fri, 19 May 2023₹368.2b₹144.3b₹5.9b31.2x62.2x2.6x
Sun, 16 Apr 2023₹338.4b₹140.7b₹3.7b31.8x91.4x2.4x
Tue, 14 Mar 2023₹325.4b₹140.5b₹3.7b30.1x89x2.3x
Thu, 09 Feb 2023₹335.6b₹135.1b₹3.3b38.5x102.2x2.5x
Sat, 07 Jan 2023₹338.2b₹127.3b₹1.1b28.3x318.9x2.7x
Mon, 05 Dec 2022₹368.6b₹127.3b₹1.0b30.4x351.2x2.9x
Wed, 02 Nov 2022₹365.5b₹124.1b₹2.2b31.2x167.7x2.9x
Fri, 30 Sep 2022₹343.6b₹121.5b₹2.0b25.1x172.5x2.8x
Sun, 28 Aug 2022₹339.4b₹121.5b₹2.0b22.8x170.6x2.8x
Tue, 26 Jul 2022₹308.9b₹119.5b₹4.7b26.2x65.4x2.6x
Thu, 23 Jun 2022₹274.0b₹119.3b₹4.7b25.1x58x2.3x
Sat, 21 May 2022₹277.4b₹122.2b₹3.9b19.7x71.4x2.3x
Mon, 18 Apr 2022₹324.4b₹120.9b₹6.2b27.2x52.7x2.7x
Wed, 16 Mar 2022₹268.8b₹120.9b₹6.2b20.6x43.7x2.2x
Fri, 11 Feb 2022₹310.2b₹124.2b₹7.0b29.1x44.4x2.5x
Sun, 09 Jan 2022₹335.4b₹123.7b₹9.5b25.6x35.2x2.7x
Tue, 07 Dec 2021₹329.9b₹123.7b₹9.5b21x34.6x2.7x
Thu, 04 Nov 2021₹330.1b₹121.9b₹8.8b26.5x37.5x2.7x
Sat, 02 Oct 2021₹347.3b₹118.0b₹8.2b27.6x42.2x2.9x
Mon, 30 Aug 2021₹293.0b₹117.9b₹8.2b26.5x35.8x2.5x
Tue, 06 Jul 2021₹293.8b₹117.9b₹8.2b28.7x35.9x2.5x
Price to Earnings Ratio

35.9x


Total Market Cap: ₹293.8bTotal Earnings: ₹8.2bTotal Revenue: ₹117.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Communications Equipment Industry Price to Earnings3Y Average 135.8x202220232024
Current Industry PE
  • Investors are optimistic on the Indian Communications Equipment industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 2.9x is lower than the industry's current PS ratio of 4.9x.
Past Earnings Growth
  • Total earnings for the Communications Equipment industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 12% 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 Market2.25%
Tech0.77%
Communications6.59%
Communications Equipment6.59%
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₹1.36k6.0%
+₹13.3b
91.8%PE370x
532493 Astra Microwave Products₹965.3515.1%
+₹12.0b
171.4%PE75.7x
532406 Avantel₹163.9032.8%
+₹9.8b
260.4%PE75.9x
523610 ITI₹304.753.1%
+₹8.9b
180.5%PS23.2x
VINDHYATEL Vindhya Telelinks₹2.43k6.2%
+₹1.7b
27.1%PE10.2x
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Latest News

532493

₹965.35

Astra Microwave Products

7D

15.1%

1Y

171.4%

TEJASNET

₹1,363.60

Tejas Networks

7D

6.0%

1Y

91.8%

532406

₹163.90

Avantel

7D

32.8%

1Y

260.4%

VINDHYATEL

₹2,430.30

Vindhya Telelinks

7D

6.2%

1Y

27.1%

523411

₹1,413.05

ADC India Communications

7D

3.9%

1Y

98.9%

504112

₹802.45

Nelco

7D

9.1%

1Y

14.1%

532975

₹21.40

Telogica

7D

-7.2%

1Y

257.9%

526775

₹600.50

Valiant Communications

7D

-6.7%

1Y

245.1%

523610

₹304.75

ITI

7D

3.1%

1Y

180.5%

532374

₹134.85

Sterlite Technologies

7D

2.4%

1Y

-11.0%