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Indian (NIFTY) Electronic Equipment and Components Industry Analysis

UpdatedMay 03, 2026
DataAggregated Company Financials
Companies73
  • 7D0.4%
  • 3M12.2%
  • 1Y-5.3%
  • YTD6.7%

The Electronic Equipment and Components is pretty flat in the last 7 days, but Genus Power Infrastructures has stood out, gaining 8.5%. As for the longer term, the industry has declined 5.3% in the last year. As for the next few years, earnings are expected to grow by 26% per annum.

Industry Valuation and Performance

Has the Indian Electronic Equipment and Components Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 03 May 2026₹2.0t₹1.7t₹53.7b35x36.6x1.1x
Tue, 31 Mar 2026₹1.6t₹1.7t₹53.7b22.5x29.9x0.9x
Thu, 26 Feb 2026₹1.7t₹1.7t₹53.5b26.7x32.5x1x
Sat, 24 Jan 2026₹1.6t₹1.6t₹50.3b27.8x31.6x1x
Mon, 22 Dec 2025₹1.8t₹1.6t₹50.0b35.6x35.8x1.1x
Wed, 19 Nov 2025₹2.0t₹1.6t₹50.5b43x40.3x1.2x
Fri, 17 Oct 2025₹2.0t₹1.6t₹49.2b39.6x41.6x1.3x
Sun, 14 Sep 2025₹2.1t₹1.6t₹49.0b38.8x41.9x1.3x
Tue, 12 Aug 2025₹1.7t₹1.5t₹44.9b41x38.3x1.1x
Thu, 10 Jul 2025₹1.9t₹1.5t₹43.1b39.7x44.4x1.3x
Sat, 07 Jun 2025₹1.8t₹1.5t₹43.1b36.2x42x1.2x
Mon, 05 May 2025₹1.7t₹1.4t₹35.7b37.3x46.5x1.2x
Wed, 02 Apr 2025₹1.6t₹1.4t₹35.3b35.8x44.2x1.1x
Fri, 28 Feb 2025₹1.6t₹1.4t₹37.4b42.3x42.2x1.1x
Sun, 26 Jan 2025₹1.9t₹1.4t₹34.7b53.2x54.4x1.4x
Tue, 24 Dec 2024₹2.2t₹1.4t₹34.8b60x62.6x1.6x
Thu, 21 Nov 2024₹1.9t₹1.4t₹34.7b58.7x54.6x1.4x
Sat, 19 Oct 2024₹1.9t₹1.3t₹32.4b54.9x59.4x1.5x
Mon, 16 Sep 2024₹1.9t₹1.3t₹30.8b51x60.4x1.4x
Wed, 14 Aug 2024₹1.7t₹1.3t₹30.8b48.6x56.4x1.3x
Fri, 12 Jul 2024₹1.7t₹1.3t₹29.1b50x59.6x1.3x
Sun, 09 Jun 2024₹1.5t₹1.3t₹28.9b45.3x51.3x1.1x
Tue, 07 May 2024₹1.4t₹1.3t₹31.5b56.6x43x1.1x
Thu, 04 Apr 2024₹1.3t₹1.3t₹31.4b52x41.7x1x
Sat, 02 Mar 2024₹1.3t₹1.3t₹31.4b55.1x41.6x1x
Mon, 29 Jan 2024₹1.2t₹1.1t₹30.1b54x40.5x1.1x
Wed, 27 Dec 2023₹1.2t₹1.1t₹29.7b53x39.5x1x
Fri, 24 Nov 2023₹1.1t₹1.1t₹29.7b54.7x37.9x1x
Sun, 22 Oct 2023₹1.1t₹1.1t₹30.0b52.6x37.9x1x
Tue, 19 Sep 2023₹1.1t₹1.1t₹29.7b49.7x37.1x1x
Thu, 17 Aug 2023₹1.0t₹1.1t₹29.3b43.2x34.3x0.9x
Sat, 15 Jul 2023₹1.0t₹1.0t₹30.3b46.4x34x1x
Mon, 12 Jun 2023₹895.8b₹1.0t₹30.0b43.5x29.9x0.9x
Wed, 10 May 2023₹749.2b₹970.1b₹25.3b28.8x29.6x0.8x
Price to Earnings Ratio

29.6x


Total Market Cap: ₹749.2bTotal Earnings: ₹25.3bTotal Revenue: ₹970.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Electronic Equipment and Components Industry Price to Earnings3Y Average 43.1x202420252026
Current Industry PE
  • Investors are pessimistic on the Indian Electronic 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 36.6x which is lower than its 3-year average PE of 43.1x.
  • The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Electronic industry have grown 29% per year over the last three years.
  • Revenues for these companies have grown 21% 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 Market0.39%
Tech2.05%
Electronic Equipment and Components0.38%
Electronic Components2.96%
Electronic Equipment and Instruments1.53%
Technology Distributors0.27%
Electronic Manufacturing Services-0.82%
Industry PE
  • Investors are most optimistic about the Electronic Manufacturing Services industry even though it's trading below its 3-year average PE ratio of 87.1x.
    • Analysts are expecting annual earnings growth of 27.7%, which is lower than the prior year's growth of 59.6% per year.
  • Investors are most pessimistic about the Technology Distributors industry, which is trading below its 3-year average of 16.2x.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 118% over the next 5 years.
  • This is better than its past earnings growth rate of 42% per year.
  • In contrast, the Technology Distributors industry is expected to see its earnings grow by 13% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
530343 Genus Power Infrastructures₹312.408.5%
+₹6.8b		10.1%PE15.9x
CPPLUS Aditya Infotech₹2.33k2.3%
+₹6.2b		n/aPE107.9x
SEDEMAC SEDEMAC Mechatronics₹1.84k7.2%
+₹5.4b		n/aPE172.8x
AIMTRON Aimtron Electronics₹1.18k18.9%
+₹3.8b		121.6%PE69.5x
531201 Shilchar Technologies₹5.16k2.9%
+₹1.7b		19.1%PE31.9x

Latest News

AIMTRON
₹1,182.85
Aimtron Electronics
7D
18.9%
1Y
121.6%
KAYNES
₹4,044.40
Kaynes Technology India
7D
-5.2%
1Y
-29.7%

KAYNES: Board Transition And Refined Assumptions Will Support Future Upside

Analysts have trimmed their price target on Kaynes Technology India slightly to ₹5,973 from about ₹6,000, citing a refreshed model that reflects a marginally higher discount rate, a small adjustment to revenue growth assumptions, and a modest uplift in projected profit margins and future P/E. What's in the News A board meeting is scheduled for March 10, 2026, at 14:35 Indian Standard Time to review changes in the company secretary and compliance officer roles (company filing).
531201
₹5,161.45
Shilchar Technologies
7D
2.9%
1Y
19.1%
CYIENTDLM
₹393.10
Cyient DLM
7D
5.4%
1Y
-10.8%
533581
₹534.25
PG Electroplast
7D
-2.3%
1Y
-35.4%

533581: Fiscal 2026 Guidance And Governance Actions Will Support Further Repricing Upside

Analysts have trimmed their fair value estimate for PG Electroplast to ₹681.22 from ₹695.67, reflecting small adjustments to inputs such as the discount rate, revenue growth, profit margin, and the assumed future P/E multiple. What's in the News A board meeting is scheduled for Mar 24, 2026, at 16:15 Indian Standard Time to review and approve a draft postal ballot notice for shareholder approval on proposed matters, and to consider details of key managerial personnel authorised under Regulation 30(5) of SEBI Listing Regulations for determining materiality of events and disclosures to stock exchanges (Key Developments).
530343
₹312.40
Genus Power Infrastructures
7D
8.5%
1Y
10.1%

530343: Fair Outlook Will Weigh IntelliSmart Bid And Upcoming Shareholder Decisions

Analysts have reduced their price target on Genus Power Infrastructures from ₹400 to ₹325, citing updated views on revenue growth assumptions, the discount rate, and a revised forward P/E framework that still pairs moderated growth expectations with slightly higher profit margin projections. What's in the News Early stage discussions are reported around a potential sale of IntelliSmart Infrastructure, where Genus Power Infrastructures is listed among interested bidders alongside global investors and other India based smart meter players.
AVALON
₹1,057.25
Avalon Technologies
7D
1.6%
1Y
20.4%

AVALON: Elevated P/E And Execution Risks Will Likely Limit Future Upside

Analysts have trimmed their price target for Avalon Technologies to about ₹662 from roughly ₹677, reflecting updated assumptions around slightly higher revenue growth, a modestly lower profit margin, a higher discount rate, and a lower future P/E multiple. Analyst Commentary Bearish analysts are signaling a more cautious stance after trimming the price target for Avalon Technologies to about ₹662, framing the stock as more sensitive to execution risks and valuation assumptions than before.
517174
₹31,008.95
Honeywell Automation India
7D
-1.0%
1Y
-10.9%
SYRMA
₹958.95
Syrma SGS Technology
7D
-1.1%
1Y
105.5%

SYRMA: Expanded IoT Manufacturing Partnership And JV Stake Increase Will Shape Outlook

The analyst fair value estimate for Syrma SGS Technology has been adjusted slightly to ₹961.23 from ₹961.18, with analysts citing updated assumptions around discount rates, revenue growth, profit margins and forward P/E as the basis for this minor recalibration. What's in the News A board meeting is scheduled on Apr 14, 2026, to consider acquiring 11,43,322 equity shares of JVCo for ₹32,69,90,092.
REDINGTON
₹215.87
Redington
7D
-0.3%
1Y
-14.3%

REDINGTON: February Board Meeting Will Confirm Attractive Upside With Stable Assumptions

Analysts have kept their price target for Redington steady at ₹313.75, pointing to only small tweaks in assumptions around discount rate, revenue growth, profit margins, and future P/E multiples rather than a change in their overall view on the stock. What's in the News Redington has scheduled a Board Meeting for February 4, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025 (Key Developments).
517393
₹8.35
Reganto Enterprises
7D
-18.4%
1Y
-66.5%
530135
₹415.30
Optiemus Infracom
7D
3.4%
1Y
-19.0%
DCI
₹285.20
DC Infotech and Communication
7D
-9.6%
1Y
11.0%
RISHABH
₹471.90
Rishabh Instruments
7D
-3.6%
1Y
82.3%
SEDEMAC
₹1,841.00
SEDEMAC Mechatronics
7D
7.2%
1Y
n/a
CPPLUS
₹2,325.60
Aditya Infotech
7D
2.3%
1Y
n/a

Earnings Tell The Story For Aditya Infotech Limited (NSE:CPPLUS)

Feb 16
Earnings Tell The Story For Aditya Infotech Limited (NSE:CPPLUS)