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Indian (NIFTY) Electronic Equipment and Components Industry Analysis
UpdatedSep 15, 2025
DataAggregated Company Financials
Companies70
- 7D2.9%
- 3M3.7%
- 1Y5.8%
- YTD-6.7%
Over the last 7 days, the Electronic Equipment and Components industry has risen 2.9%, driven by gains from Kaynes Technology India of 4.8%. In the same time, Centum Electronics was down 8.8%. This takes the industry's 12 month performance to a gain of 5.8%. Earnings are forecast to grow by 26% 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 |
|---|---|---|---|---|---|---|
| Mon, 15 Sep 2025 | ₹2.1t | ₹1.6t | ₹49.0b | 44x | 41.9x | 1.3x |
| Wed, 13 Aug 2025 | ₹1.8t | ₹1.6t | ₹48.5b | 39.4x | 37.8x | 1.2x |
| Fri, 11 Jul 2025 | ₹1.9t | ₹1.5t | ₹43.1b | 39.6x | 44.4x | 1.3x |
| Sun, 08 Jun 2025 | ₹1.8t | ₹1.5t | ₹43.1b | 36.2x | 42x | 1.2x |
| Tue, 06 May 2025 | ₹1.7t | ₹1.4t | ₹35.7b | 38.7x | 46.8x | 1.2x |
| Thu, 03 Apr 2025 | ₹1.6t | ₹1.4t | ₹35.3b | 37x | 45x | 1.1x |
| Sat, 01 Mar 2025 | ₹1.5t | ₹1.4t | ₹37.4b | 38.8x | 41.3x | 1.1x |
| Mon, 27 Jan 2025 | ₹1.9t | ₹1.4t | ₹34.7b | 53.2x | 54.4x | 1.4x |
| Wed, 25 Dec 2024 | ₹2.2t | ₹1.4t | ₹34.8b | 61.4x | 62.7x | 1.6x |
| Fri, 22 Nov 2024 | ₹1.9t | ₹1.4t | ₹34.7b | 58.7x | 54.3x | 1.4x |
| Sun, 20 Oct 2024 | ₹1.9t | ₹1.3t | ₹32.4b | 54.9x | 59.4x | 1.5x |
| Tue, 17 Sep 2024 | ₹1.9t | ₹1.3t | ₹30.8b | 49.1x | 60.1x | 1.4x |
| Thu, 15 Aug 2024 | ₹1.7t | ₹1.3t | ₹30.8b | 47.5x | 56.6x | 1.3x |
| Sat, 13 Jul 2024 | ₹1.7t | ₹1.3t | ₹29.1b | 50.2x | 59.1x | 1.3x |
| Mon, 10 Jun 2024 | ₹1.5t | ₹1.3t | ₹28.9b | 45.3x | 51.3x | 1.1x |
| Wed, 08 May 2024 | ₹1.3t | ₹1.3t | ₹31.5b | 54.6x | 42.4x | 1.1x |
| Fri, 05 Apr 2024 | ₹1.3t | ₹1.3t | ₹31.4b | 52x | 41.8x | 1x |
| Sun, 03 Mar 2024 | ₹1.3t | ₹1.3t | ₹31.4b | 55.1x | 41.6x | 1x |
| Tue, 30 Jan 2024 | ₹1.2t | ₹1.1t | ₹30.1b | 52.1x | 40.7x | 1.1x |
| Thu, 28 Dec 2023 | ₹1.2t | ₹1.1t | ₹29.7b | 53.2x | 39.4x | 1x |
| Sat, 25 Nov 2023 | ₹1.1t | ₹1.1t | ₹29.7b | 53x | 38x | 1x |
| Mon, 23 Oct 2023 | ₹1.1t | ₹1.1t | ₹30.0b | 52.6x | 37.9x | 1x |
| Wed, 20 Sep 2023 | ₹1.1t | ₹1.1t | ₹29.7b | 49.7x | 37.1x | 1x |
| Fri, 18 Aug 2023 | ₹1.0t | ₹1.1t | ₹29.3b | 46.6x | 34.5x | 0.9x |
| Sun, 16 Jul 2023 | ₹1.0t | ₹1.0t | ₹28.8b | 46.5x | 35.8x | 1x |
| Tue, 13 Jun 2023 | ₹902.2b | ₹1.0t | ₹30.0b | 43.9x | 30.1x | 0.9x |
| Thu, 11 May 2023 | ₹755.0b | ₹970.3b | ₹25.3b | 27.4x | 29.8x | 0.8x |
| Sat, 08 Apr 2023 | ₹724.3b | ₹960.0b | ₹24.4b | 25.6x | 29.7x | 0.8x |
| Mon, 06 Mar 2023 | ₹704.1b | ₹959.9b | ₹24.4b | 24.6x | 28.9x | 0.7x |
| Wed, 01 Feb 2023 | ₹737.2b | ₹897.6b | ₹23.7b | 29.9x | 31.2x | 0.8x |
| Fri, 30 Dec 2022 | ₹739.3b | ₹884.8b | ₹23.0b | 31.5x | 32.1x | 0.8x |
| Sun, 27 Nov 2022 | ₹748.5b | ₹884.8b | ₹23.0b | 32.6x | 32.5x | 0.8x |
| Tue, 25 Oct 2022 | ₹627.3b | ₹826.6b | ₹21.9b | 30.6x | 28.6x | 0.8x |
| Thu, 22 Sep 2022 | ₹668.3b | ₹820.2b | ₹21.6b | 25.7x | 31x | 0.8x |
Price to Earnings Ratio
31x
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 41.8x.
- The 3-year average PS ratio of 1.1x 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 24% 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 | 1.60% | |
| Tech | 3.86% | |
| Electronic Equipment and Components | 2.85% | |
| Electronic Equipment and Instruments | 3.67% | |
| Electronic Manufacturing Services | 3.48% | |
| Technology Distributors | 1.89% | |
| Electronic Components | -4.85% | |
Industry PE
- Investors are most optimistic about the Electronic Manufacturing Services industry which is trading above its 3-year average PE ratio of 84.6x.
- Analysts are expecting annual earnings growth of 31.4%, which is lower than the prior year's growth of 53.6% per year.
- Investors are most pessimistic about the Technology Distributors industry, which is trading close to its 3-year average of 15.4x.
Forecasted Growth
- Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 58% over the next 5 years.
- This is better than its past earnings growth rate of 44% per year.
- In contrast, the Technology Distributors industry is expected to see its earnings grow by 9.9% 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 | ₹1.44k | 6.3% +₹10.0b | n/a | PE46.7x | |
| 517174 Honeywell Automation India | ₹36.79k | 2.3% +₹7.2b | -25.9% | PE63.6x | |
| 533581 PG Electroplast | ₹572.90 | 3.9% +₹6.1b | -6.7% | PE60x | |
| KAYNES Kaynes Technology India | ₹7.13k | 1.3% +₹5.9b | 34.3% | PE150.6x | |
| WEL Wonder Electricals | ₹154.74 | 16.6% +₹3.0b | 10.8% | PE113.1x |
