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Indian (NIFTY) Electronic Equipment and Components Industry Analysis
UpdatedJul 11, 2025
DataAggregated Company Financials
Companies69
- 7D0.3%
- 3M19.6%
- 1Y14.4%
- YTD-7.2%
The Electronic Equipment and Components is pretty flat in the last 7 days, but Syrma SGS Technology has stood out, gaining 9.3%. As for the the longer term, the industry is up 14% over the past 12 months. Looking forward, earnings are forecast to grow by 25% annually.
Industry Valuation and Performance
Has the Indian Electronic Equipment and Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 12 Jul 2025 | ₹1.9t | ₹1.5t | ₹43.1b | 39.6x | 44.4x | 1.3x |
| Mon, 09 Jun 2025 | ₹1.8t | ₹1.5t | ₹43.1b | 36.2x | 42x | 1.2x |
| Wed, 07 May 2025 | ₹1.6t | ₹1.4t | ₹35.7b | 37.1x | 45.7x | 1.1x |
| Fri, 04 Apr 2025 | ₹1.6t | ₹1.4t | ₹35.3b | 37.8x | 45.3x | 1.1x |
| Sun, 02 Mar 2025 | ₹1.5t | ₹1.4t | ₹37.4b | 38.8x | 41.3x | 1.1x |
| Tue, 28 Jan 2025 | ₹1.8t | ₹1.4t | ₹34.7b | 51.3x | 51.9x | 1.3x |
| Thu, 26 Dec 2024 | ₹2.2t | ₹1.4t | ₹34.8b | 61.4x | 62.7x | 1.6x |
| Sat, 23 Nov 2024 | ₹1.9t | ₹1.4t | ₹34.7b | 56.2x | 54.4x | 1.4x |
| Mon, 21 Oct 2024 | ₹1.9t | ₹1.3t | ₹32.4b | 54.9x | 59.4x | 1.5x |
| Wed, 18 Sep 2024 | ₹1.9t | ₹1.3t | ₹30.8b | 48.7x | 60.8x | 1.4x |
| Fri, 16 Aug 2024 | ₹1.7t | ₹1.3t | ₹30.8b | 45.7x | 56.6x | 1.3x |
| Sun, 14 Jul 2024 | ₹1.7t | ₹1.3t | ₹29.1b | 50.2x | 59.1x | 1.3x |
| Tue, 11 Jun 2024 | ₹1.5t | ₹1.3t | ₹28.9b | 48.8x | 51.3x | 1.1x |
| Thu, 09 May 2024 | ₹1.3t | ₹1.3t | ₹31.5b | 54.5x | 42.4x | 1.1x |
| Sat, 06 Apr 2024 | ₹1.3t | ₹1.3t | ₹31.4b | 52x | 42.2x | 1.1x |
| Mon, 04 Mar 2024 | ₹1.3t | ₹1.3t | ₹31.4b | 55.8x | 42x | 1x |
| Wed, 31 Jan 2024 | ₹1.2t | ₹1.1t | ₹30.1b | 52.1x | 40.7x | 1.1x |
| Fri, 29 Dec 2023 | ₹1.2t | ₹1.1t | ₹29.7b | 53.6x | 40x | 1.1x |
| Sun, 26 Nov 2023 | ₹1.1t | ₹1.1t | ₹29.7b | 53x | 38x | 1x |
| Tue, 24 Oct 2023 | ₹1.1t | ₹1.1t | ₹30.0b | 52.4x | 36.9x | 1x |
| Thu, 21 Sep 2023 | ₹1.1t | ₹1.1t | ₹29.7b | 50.1x | 36.8x | 1x |
| Sat, 19 Aug 2023 | ₹1.0t | ₹1.1t | ₹29.4b | 46.9x | 34.3x | 0.9x |
| Mon, 17 Jul 2023 | ₹1.0t | ₹1.0t | ₹28.8b | 46.5x | 35.8x | 1x |
| Wed, 14 Jun 2023 | ₹911.0b | ₹1.0t | ₹30.0b | 44x | 30.4x | 0.9x |
| Fri, 12 May 2023 | ₹766.4b | ₹970.3b | ₹25.3b | 26.8x | 30.2x | 0.8x |
| Sun, 09 Apr 2023 | ₹724.3b | ₹960.0b | ₹24.4b | 25.6x | 29.7x | 0.8x |
| Tue, 07 Mar 2023 | ₹712.9b | ₹959.9b | ₹24.4b | 24.4x | 29.3x | 0.7x |
| Thu, 02 Feb 2023 | ₹734.0b | ₹897.6b | ₹23.7b | 27.6x | 31x | 0.8x |
| Sat, 31 Dec 2022 | ₹758.2b | ₹896.6b | ₹23.4b | 31.1x | 32.3x | 0.8x |
| Mon, 28 Nov 2022 | ₹748.5b | ₹884.8b | ₹23.0b | 32.6x | 32.5x | 0.8x |
| Wed, 26 Oct 2022 | ₹634.0b | ₹826.9b | ₹22.0b | 32.3x | 28.8x | 0.8x |
| Fri, 23 Sep 2022 | ₹661.1b | ₹820.2b | ₹21.6b | 26.2x | 30.6x | 0.8x |
| Sun, 21 Aug 2022 | ₹611.6b | ₹815.9b | ₹21.2b | 23.2x | 28.8x | 0.7x |
| Tue, 19 Jul 2022 | ₹532.9b | ₹768.4b | ₹19.3b | 27x | 27.7x | 0.7x |
Price to Earnings Ratio
27.7x
Current Industry PE
- Investors are optimistic on the Indian Electronic industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 44.4x which is higher than its 3-year average PE of 41.1x.
- The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have grown 31% per year over the last three years.
- Revenues for these companies have grown 25% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Tech industry?
| IN Market | -0.077% | |
| Tech | -0.71% | |
| Electronic Equipment and Components | 0.33% | |
| Electronic Manufacturing Services | 2.38% | |
| Electronic Components | 1.78% | |
| Electronic Equipment and Instruments | -1.07% | |
| Technology Distributors | -3.06% | |
Industry PE
- Investors are most optimistic about the Electronic Manufacturing Services industry which is trading above its 3-year average PE ratio of 81.8x.
- Analysts are expecting annual earnings growth of 28.8%, which is lower than the prior year's growth of 60.1% per year.
- Investors are most pessimistic about the Technology Distributors industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 15.1x.
Forecasted Growth
- Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 94% over the next 5 years.
- This is better than its past earnings growth rate of 40% per year.
- In contrast, the Technology Distributors industry is expected to see its earnings grow by 9.5% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SYRMA Syrma SGS Technology | ₹678.45 | 11.3% +₹12.3b | 39.2% | PE71.1x | |
| 533581 PG Electroplast | ₹766.85 | 1.6% +₹3.4b | 104.1% | PE75.5x | |
| AIMTRON Aimtron Electronics | ₹791.55 | 18.3% +₹2.5b | 31.6% | PE63x | |
| WEL Wonder Electricals | ₹178.43 | 11.5% +₹2.5b | 48.2% | PE144.3x | |
| AVALON Avalon Technologies | ₹855.75 | 2.8% +₹1.6b | 60.9% | PE89.7x |