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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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 20 May 2025₹638.8b₹234.4b₹3.5b27.1x183.7x2.7x
Thu, 17 Apr 2025₹615.3b₹238.7b₹4.9b35.7x124.4x2.6x
Sat, 15 Mar 2025₹541.8b₹238.7b₹4.9b33.4x109.6x2.3x
Mon, 10 Feb 2025₹672.1b₹231.5b₹4.7b43.5x142.4x2.9x
Wed, 08 Jan 2025₹928.1b₹210.7b₹2.2b37.3x417.3x4.4x
Fri, 06 Dec 2024₹769.3b₹210.7b₹2.2b38.1x345.4x3.7x
Sun, 03 Nov 2024₹716.5b₹202.5b₹1.7b43.5x431.5x3.5x
Tue, 01 Oct 2024₹725.9b₹177.5b-₹559,479,000.0036.9x-1297.5x4.1x
Thu, 29 Aug 2024₹808.2b₹177.5b-₹559,478,000.0035.9x-1444.5x4.6x
Sat, 27 Jul 2024₹816.9b₹177.1b₹423.9m44.2x1926.9x4.6x
Mon, 24 Jun 2024₹818.8b₹164.7b-₹580,541,000.0042x-1410.4x5x
Wed, 22 May 2024₹731.7b₹165.0b₹1.2b41.5x605.4x4.4x
Fri, 19 Apr 2024₹606.9b₹163.9b₹1.1b45.9x529x3.7x
Sun, 17 Mar 2024₹565.5b₹164.0b₹1.1b39.4x492.9x3.4x
Tue, 13 Feb 2024₹600.8b₹164.0b₹1.2b48.9x489.7x3.7x
Thu, 11 Jan 2024₹656.1b₹161.2b₹2.2b23.5x303.8x4.1x
Sat, 09 Dec 2023₹640.5b₹161.2b₹2.2b23.4x296.6x4x
Mon, 06 Nov 2023₹598.6b₹157.7b₹2.0b24.2x305.6x3.8x
Wed, 04 Oct 2023₹538.2b₹158.0b₹2.5b23.9x217.8x3.4x
Fri, 01 Sep 2023₹458.6b₹158.0b₹2.4b26.9x187.3x2.9x
Sun, 30 Jul 2023₹422.1b₹152.5b₹2.3b31x179.8x2.8x
Tue, 27 Jun 2023₹390.1b₹150.8b₹2.2b25.7x173.7x2.6x
Thu, 25 May 2023₹369.1b₹154.7b₹6.2b29.7x59.7x2.4x
Sat, 22 Apr 2023₹338.3b₹140.7b₹3.7b31.3x91.3x2.4x
Mon, 20 Mar 2023₹322.5b₹140.5b₹3.7b29.8x88.2x2.3x
Wed, 15 Feb 2023₹328.6b₹140.7b₹3.7b31.3x90x2.3x
Fri, 13 Jan 2023₹335.9b₹127.3b₹1.1b29.5x316.8x2.6x
Sun, 11 Dec 2022₹357.5b₹127.3b₹1.0b30.6x340.6x2.8x
Tue, 08 Nov 2022₹359.9b₹126.5b₹1.5b32x235.1x2.8x
Thu, 06 Oct 2022₹351.2b₹121.5b₹2.0b24.7x176.4x2.9x
Sat, 03 Sep 2022₹357.9b₹121.5b₹2.0b21.4x179.9x2.9x
Mon, 01 Aug 2022₹304.9b₹122.2b₹3.3b23.4x93.3x2.5x
Wed, 29 Jun 2022₹280.5b₹119.3b₹4.7b24.9x59.4x2.4x
Fri, 27 May 2022₹263.4b₹122.2b₹3.9b18.4x67.8x2.2x
Price to Earnings Ratio

67.8x


Total Market Cap: ₹263.4bTotal Earnings: ₹3.9bTotal Revenue: ₹122.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Communications Equipment Industry Price to Earnings3Y Average 40.5x202320242025
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 Market6.26%
Tech6.51%
Communications15.54%
Communications Equipment15.54%
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?

CompanyLast Price7D1YValuation
523610 ITI₹280.709.6%
+₹23.6b
-10.3%PS8.5x
532493 Astra Microwave Products₹1.08k25.0%
+₹20.6b
42.6%PE76.6x
TEJASNET Tejas Networks₹741.655.6%
+₹7.1b
-38.4%PE29.8x
532406 Avantel₹133.9521.8%
+₹5.9b
12.6%PE58.1x
532374 Sterlite Technologies₹72.449.1%
+₹2.9b
-43.6%PS0.9x
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Latest News

531158

₹23.53

Catvision

7D

-3.4%

1Y

16.5%

523610

₹280.70

ITI

7D

9.6%

1Y

-10.3%

532374

₹72.44

Sterlite Technologies

7D

9.1%

1Y

-43.6%

532406

₹133.95

Avantel

7D

21.8%

1Y

12.6%

504112

₹919.70

Nelco

7D

9.6%

1Y

23.2%

VINDHYATEL

₹1,596.10

Vindhya Telelinks

7D

13.8%

1Y

-33.3%

532493

₹1,084.80

Astra Microwave Products

7D

25.0%

1Y

42.6%

TEJASNET

₹741.65

Tejas Networks

7D

5.6%

1Y

-38.4%