Narrative Update • Aug 24
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- 7D-0.9%
- 3M22.3%
- 1Y29.7%
- YTD44.3%
The Electronic Equipment and Components is pretty flat in the last 7 days, but Aditya Infotech has stood out, gaining 4.3%. The past year has been better, since the industry has gained 35% in that time. 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 |
|---|---|---|---|---|---|---|
| Tue, 01 Sep 2026 | ₹2.8t | ₹2.0t | ₹60.1b | 27.1x | 45.8x | 1.4x |
| Thu, 30 Jul 2026 | ₹2.6t | ₹1.8t | ₹53.9b | 32.3x | 48.9x | 1.4x |
| Sat, 27 Jun 2026 | ₹2.4t | ₹1.8t | ₹53.9b | 36.2x | 45.2x | 1.3x |
| Mon, 25 May 2026 | ₹2.0t | ₹1.8t | ₹53.3b | 32.9x | 37.5x | 1.1x |
| Wed, 22 Apr 2026 | ₹2.0t | ₹1.7t | ₹53.8b | 31.8x | 36.8x | 1.2x |
| Fri, 20 Mar 2026 | ₹1.7t | ₹1.7t | ₹54.0b | 25.8x | 31x | 1x |
| Sun, 15 Feb 2026 | ₹1.8t | ₹1.7t | ₹53.2b | 27.5x | 33.3x | 1x |
| Tue, 13 Jan 2026 | ₹1.7t | ₹1.6t | ₹50.0b | 34.1x | 34.2x | 1x |
| Thu, 11 Dec 2025 | ₹1.8t | ₹1.6t | ₹50.0b | 35.9x | 35.2x | 1.1x |
| Sat, 08 Nov 2025 | ₹2.0t | ₹1.6t | ₹51.7b | 38.3x | 39x | 1.2x |
| Mon, 06 Oct 2025 | ₹2.1t | ₹1.6t | ₹49.0b | 41x | 41.9x | 1.3x |
| Wed, 03 Sep 2025 | ₹2.0t | ₹1.6t | ₹48.9b | 42.7x | 40.2x | 1.2x |
| Fri, 01 Aug 2025 | ₹1.9t | ₹1.5t | ₹43.7b | 41.1x | 42.7x | 1.2x |
| Sun, 29 Jun 2025 | ₹1.9t | ₹1.5t | ₹43.4b | 37.1x | 43.1x | 1.3x |
| Tue, 27 May 2025 | ₹1.8t | ₹1.5t | ₹42.0b | 42.3x | 42.3x | 1.2x |
| Thu, 24 Apr 2025 | ₹1.7t | ₹1.4t | ₹35.7b | 41.9x | 48.7x | 1.2x |
| Sat, 22 Mar 2025 | ₹1.6t | ₹1.4t | ₹35.3b | 38.2x | 45.3x | 1.1x |
| Mon, 17 Feb 2025 | ₹1.6t | ₹1.4t | ₹37.2b | 42.2x | 43.4x | 1.1x |
| Wed, 15 Jan 2025 | ₹2.0t | ₹1.4t | ₹34.8b | 57.4x | 57.3x | 1.5x |
| Fri, 13 Dec 2024 | ₹2.1t | ₹1.4t | ₹34.8b | 55.8x | 59.8x | 1.5x |
| Sun, 10 Nov 2024 | ₹1.9t | ₹1.4t | ₹34.2b | 52.6x | 56.1x | 1.4x |
| Tue, 08 Oct 2024 | ₹1.8t | ₹1.3t | ₹32.4b | 46.6x | 53.9x | 1.3x |
| Thu, 05 Sep 2024 | ₹1.8t | ₹1.3t | ₹30.9b | 47.4x | 58.7x | 1.3x |
| Sat, 03 Aug 2024 | ₹1.8t | ₹1.3t | ₹30.5b | 56.6x | 58.1x | 1.3x |
| Mon, 01 Jul 2024 | ₹1.6t | ₹1.3t | ₹28.9b | 46.6x | 56.5x | 1.3x |
| Wed, 29 May 2024 | ₹1.5t | ₹1.3t | ₹32.1b | 54.4x | 45.7x | 1.1x |
| Fri, 26 Apr 2024 | ₹1.4t | ₹1.3t | ₹31.4b | 53.4x | 44.2x | 1.1x |
| Sun, 24 Mar 2024 | ₹1.2t | ₹1.3t | ₹31.4b | 51.2x | 39.3x | 1x |
| Tue, 20 Feb 2024 | ₹1.3t | ₹1.3t | ₹31.4b | 51.4x | 40.9x | 1x |
| Thu, 18 Jan 2024 | ₹1.2t | ₹1.1t | ₹29.7b | 54.9x | 40.3x | 1.1x |
| Sat, 16 Dec 2023 | ₹1.2t | ₹1.1t | ₹29.7b | 53.6x | 39.1x | 1x |
| Mon, 13 Nov 2023 | ₹1.1t | ₹1.1t | ₹29.7b | 55.5x | 37.5x | 1x |
| Wed, 11 Oct 2023 | ₹1.2t | ₹1.1t | ₹29.9b | 51.8x | 38.7x | 1.1x |
| Fri, 08 Sep 2023 | ₹1.1t | ₹1.1t | ₹29.5b | 57.5x | 37.2x | 1x |
Price to Earnings Ratio
37.2x
Current Industry PE
- Investors are relatively neutral on the Indian Electronic industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 44.2x.
- The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have grown 27% per year over the last three years.
- Revenues for these companies have grown 22% 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 | -0.33% | |
| Tech | 1.67% | |
| Electronic Equipment and Components | -0.87% | |
| Electronic Components | 2.60% | |
| Electronic Manufacturing Services | -0.55% | |
| Electronic Equipment and Instruments | -0.85% | |
| Technology Distributors | -2.52% | |
Industry PE
- Investors are most optimistic about the Electronic Manufacturing Services industry, which is trading close to its 3-year average PE ratio of 88.0x.
- Analysts are expecting annual earnings growth of 29.1%, which is lower than the prior year's growth of 58.9% 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 16.7x.
Forecasted Growth
- Analysts are most optimistic on the Electronic Manufacturing Services industry, expecting annual earnings growth of 29% over the next 5 years.
- However this is lower than its past earnings growth rate of 59% per year.
- In contrast, the Technology Distributors industry is expected to see its earnings grow by 16% 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 | |
|---|---|---|---|---|---|
| CPPLUS Aditya Infotech | ₹3.57k | 4.3% +₹17.3b | 185.7% | PE88.1x | |
| AVALON Avalon Technologies | ₹2.37k | 12.0% +₹17.0b | 181.6% | PE118.6x | |
| CYIENTDLM Cyient DLM | ₹843.00 | 14.6% +₹8.5b | 98.0% | PE81.5x | |
| 531201 Shilchar Technologies | ₹4.04k | 3.1% +₹1.4b | -11.7% | PE33.6x | |
| 517544 Centum Electronics | ₹3.45k | 2.6% +₹1.3b | 22.5% | PE51.2x |
