Earnings Miss: Kaynes Technology India Limited Missed EPS By 28% And Analysts Are Revising Their Forecasts
Jan 30
Have your own idea? Try our Stock Screener
Indian (NIFTY) Electronic Manufacturing Services Industry Analysis
UpdatedJan 31, 2025
DataAggregated Company Financials
Companies11
- 7D-8.7%
- 3M-5.2%
- 1Y61.1%
- YTDn/a
Over the last 7 days, the Electronic Manufacturing Services industry has dropped 8.7%, driven by a pullback from Kaynes Technology India of 15%. In contrast, Syrma SGS Technology has gained 15%. Over the past 12 months, the industry was up 61%. As for the next few years, earnings are expected to grow by 33% per annum.
Industry Valuation and Performance
Has the Indian Electronic Manufacturing Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 01 Feb 2025 | ₹748.1b | ₹148.3b | ₹7.6b | 65.6x | 98.6x | 5x |
| Mon, 30 Dec 2024 | ₹1.0t | ₹144.6b | ₹7.4b | 79.8x | 136.4x | 7x |
| Wed, 27 Nov 2024 | ₹833.0b | ₹142.9b | ₹7.3b | 83.1x | 114.6x | 5.8x |
| Fri, 25 Oct 2024 | ₹733.7b | ₹135.5b | ₹6.7b | 73.1x | 110x | 5.4x |
| Sun, 22 Sep 2024 | ₹732.9b | ₹133.5b | ₹6.3b | 82.6x | 115.7x | 5.5x |
| Tue, 20 Aug 2024 | ₹691.7b | ₹133.5b | ₹6.3b | 76.7x | 109.2x | 5.2x |
| Thu, 18 Jul 2024 | ₹595.5b | ₹117.9b | ₹5.7b | 96.2x | 104.9x | 5.1x |
| Sat, 15 Jun 2024 | ₹535.0b | ₹117.6b | ₹5.6b | 89.2x | 95.1x | 4.5x |
| Mon, 13 May 2024 | ₹416.2b | ₹111.2b | ₹4.9b | 79.6x | 84.6x | 3.7x |
| Wed, 10 Apr 2024 | ₹409.9b | ₹105.2b | ₹4.9b | 79.2x | 83.8x | 3.9x |
| Fri, 08 Mar 2024 | ₹451.0b | ₹103.1b | ₹5.1b | 78.8x | 89x | 4.4x |
| Sun, 04 Feb 2024 | ₹447.5b | ₹101.7b | ₹5.0b | 76.9x | 89.3x | 4.4x |
| Tue, 02 Jan 2024 | ₹445.2b | ₹98.6b | ₹4.7b | 85.9x | 95.7x | 4.5x |
| Thu, 30 Nov 2023 | ₹399.4b | ₹98.6b | ₹4.7b | 67x | 85.8x | 4.1x |
| Sat, 28 Oct 2023 | ₹383.9b | ₹94.5b | ₹4.7b | 74.7x | 82.4x | 4.1x |
| Mon, 25 Sep 2023 | ₹360.7b | ₹91.0b | ₹4.5b | 71.3x | 80x | 4x |
| Wed, 23 Aug 2023 | ₹310.7b | ₹91.0b | ₹4.5b | 63.2x | 68.9x | 3.4x |
| Fri, 21 Jul 2023 | ₹316.4b | ₹85.9b | ₹4.1b | 70.2x | 77.3x | 3.7x |
| Sun, 18 Jun 2023 | ₹251.0b | ₹77.6b | ₹3.8b | 56.3x | 66.5x | 3.2x |
| Tue, 16 May 2023 | ₹180.3b | ₹69.3b | ₹3.4b | 55.3x | 53.3x | 2.6x |
| Thu, 13 Apr 2023 | ₹150.2b | ₹60.9b | ₹2.8b | 55.4x | 54.6x | 2.5x |
| Sat, 11 Mar 2023 | ₹147.4b | ₹60.9b | ₹2.8b | 52.6x | 53.6x | 2.4x |
| Mon, 06 Feb 2023 | ₹130.5b | ₹59.6b | ₹2.7b | 45.4x | 49.1x | 2.2x |
| Wed, 04 Jan 2023 | ₹132.1b | ₹54.5b | ₹2.3b | 52x | 58.5x | 2.4x |
| Fri, 02 Dec 2022 | ₹116.8b | ₹42.7b | ₹1.9b | 50.1x | 63.1x | 2.7x |
| Sun, 30 Oct 2022 | ₹74.8b | ₹29.4b | ₹1.2b | 42.7x | 63.6x | 2.5x |
| Tue, 27 Sep 2022 | ₹71.7b | ₹23.6b | ₹940.9m | 39.9x | 76.2x | 3x |
| Thu, 25 Aug 2022 | ₹20.7b | ₹19.2b | ₹620.7m | 28.3x | 33.4x | 1.1x |
| Sat, 23 Jul 2022 | ₹21.7b | ₹15.0b | ₹446.9m | 40x | 48.5x | 1.4x |
| Mon, 20 Jun 2022 | ₹20.1b | ₹15.0b | ₹446.9m | 37.5x | 44.9x | 1.3x |
| Wed, 18 May 2022 | ₹16.1b | ₹13.3b | ₹301.6m | 45.8x | 53.3x | 1.2x |
| Fri, 15 Apr 2022 | ₹18.1b | ₹13.3b | ₹301.6m | 50.5x | 60.1x | 1.4x |
| Sun, 13 Mar 2022 | ₹16.7b | ₹13.3b | ₹301.6m | 47.2x | 55.4x | 1.3x |
| Tue, 08 Feb 2022 | ₹18.6b | ₹11.5b | ₹254.2m | 68.9x | 73.2x | 1.6x |
Price to Earnings Ratio
73.2x
Current Industry PE
- Investors are optimistic on the Indian Electronic Manufacturing Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 98.6x which is higher than its 3-year average PE of 76.6x.
- The 3-year average PS ratio of 3.4x is lower than the industry's current PS ratio of 5.0x.
Past Earnings Growth
- The earnings for companies in the Electronic Manufacturing Services industry have grown 210% per year over the last three years.
- Revenues for these companies have grown 134% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Electronic Manufacturing Services compare with similar industries?
| IN Market | -1.79% | |
| Tech | -3.09% | |
| Electronic Equipment and Components | -7.14% | |
| Electronic Manufacturing Services | -8.74% | |
| Electronic Components | -5.29% | |
| Electronic Equipment and Instruments | -5.72% | |
| Technology Distributors | -6.68% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SYRMA Syrma SGS Technology | ₹532.05 | 15.4% +₹12.7b | -8.5% | PE68.1x | |
| 533581 PG Electroplast | ₹782.90 | 5.1% +₹10.8b | 295.3% | PE115.6x | |
| WEL Wonder Electricals | ₹178.68 | 4.8% +₹1.1b | 479.6% | PE172x | |
| AIMTRON Aimtron Electronics | ₹532.85 | 3.9% +₹404.2m | n/a | PE61.5x | |
| ELIN Elin Electronics | ₹161.25 | 1.2% +₹94.8m | -0.9% | PE47.4x |
