Have your own idea? Try our Stock Screener
Indian (NIFTY) Electronic Manufacturing Services Industry Analysis
UpdatedApr 24, 2026
DataAggregated Company Financials
Companies12
- 7D2.1%
- 3M25.3%
- 1Y-11.2%
- YTDn/a
The Electronic Manufacturing Services industry is up 2.1% in the last week, with Kaynes Technology India up 1.2%. Meanwhile, Avalon Technologies actually underperformed within the industry, shrinking 7.0% in the last week. However, the industry is down 11% over the past year. Earnings are forecast to grow by 28% annually.
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 |
|---|---|---|---|---|---|---|
| Fri, 24 Apr 2026 | ₹888.3b | ₹195.9b | ₹13.0b | 66.3x | 68.1x | 4.5x |
| Sun, 22 Mar 2026 | ₹759.8b | ₹196.1b | ₹13.1b | 53.9x | 57.8x | 3.9x |
| Tue, 17 Feb 2026 | ₹777.8b | ₹189.5b | ₹12.7b | 59.1x | 61.4x | 4.1x |
| Thu, 15 Jan 2026 | ₹715.0b | ₹180.2b | ₹11.7b | 65.2x | 60.9x | 4x |
| Sat, 13 Dec 2025 | ₹762.4b | ₹180.2b | ₹11.7b | 63.7x | 65x | 4.2x |
| Mon, 10 Nov 2025 | ₹906.4b | ₹175.3b | ₹11.4b | 76.1x | 79.6x | 5.2x |
| Wed, 08 Oct 2025 | ₹1.0t | ₹171.5b | ₹10.5b | 76.9x | 96.2x | 5.9x |
| Fri, 05 Sep 2025 | ₹938.9b | ₹171.5b | ₹10.5b | 72.1x | 89.6x | 5.5x |
| Sun, 03 Aug 2025 | ₹949.8b | ₹169.2b | ₹10.5b | 76.7x | 90.7x | 5.6x |
| Tue, 01 Jul 2025 | ₹889.2b | ₹169.5b | ₹10.3b | 59.4x | 86.6x | 5.2x |
| Thu, 29 May 2025 | ₹864.2b | ₹168.3b | ₹10.1b | 65.1x | 85.4x | 5.1x |
| Sat, 26 Apr 2025 | ₹847.7b | ₹155.9b | ₹8.4b | 62.8x | 101.3x | 5.4x |
| Mon, 24 Mar 2025 | ₹803.8b | ₹155.2b | ₹8.3b | 60x | 97x | 5.2x |
| Wed, 19 Feb 2025 | ₹671.4b | ₹155.2b | ₹8.3b | 53.7x | 81x | 4.3x |
| Fri, 17 Jan 2025 | ₹925.6b | ₹144.6b | ₹7.4b | 70.9x | 124.6x | 6.4x |
| Sun, 15 Dec 2024 | ₹962.5b | ₹144.6b | ₹7.4b | 77.6x | 129.6x | 6.7x |
| Tue, 12 Nov 2024 | ₹804.5b | ₹139.7b | ₹7.2b | 84.1x | 112.2x | 5.8x |
| Thu, 10 Oct 2024 | ₹719.4b | ₹133.5b | ₹6.3b | 83.4x | 113.6x | 5.4x |
| Sat, 07 Sep 2024 | ₹675.9b | ₹133.5b | ₹6.3b | 84.9x | 106.7x | 5.1x |
| Mon, 05 Aug 2024 | ₹626.9b | ₹126.8b | ₹6.5b | 84.7x | 96.6x | 4.9x |
| Wed, 03 Jul 2024 | ₹585.7b | ₹117.9b | ₹5.7b | 95.8x | 103.2x | 5x |
| Fri, 31 May 2024 | ₹475.7b | ₹114.2b | ₹5.2b | 92x | 92x | 4.2x |
| Sun, 28 Apr 2024 | ₹433.2b | ₹106.2b | ₹5.0b | 84.2x | 86.8x | 4.1x |
| Tue, 26 Mar 2024 | ₹417.5b | ₹103.1b | ₹5.1b | 77.8x | 82.4x | 4x |
| Thu, 22 Feb 2024 | ₹434.6b | ₹103.1b | ₹5.1b | 72.8x | 85.8x | 4.2x |
| Sat, 20 Jan 2024 | ₹431.2b | ₹98.6b | ₹4.7b | 81.6x | 92.6x | 4.4x |
| Mon, 18 Dec 2023 | ₹435.0b | ₹98.6b | ₹4.7b | 71.3x | 93.5x | 4.4x |
| Wed, 15 Nov 2023 | ₹391.7b | ₹98.5b | ₹4.6b | 70.1x | 84.5x | 4x |
| Fri, 13 Oct 2023 | ₹432.6b | ₹93.3b | ₹4.6b | 71.7x | 94.4x | 4.6x |
| Sun, 10 Sep 2023 | ₹373.0b | ₹91.0b | ₹4.5b | 75.5x | 82.7x | 4.1x |
| Tue, 08 Aug 2023 | ₹315.1b | ₹90.9b | ₹4.5b | 63.4x | 69.5x | 3.5x |
| Thu, 06 Jul 2023 | ₹258.1b | ₹77.6b | ₹3.8b | 56.2x | 68.3x | 3.3x |
| Sat, 03 Jun 2023 | ₹226.2b | ₹77.7b | ₹3.8b | 52.4x | 59.9x | 2.9x |
| Mon, 01 May 2023 | ₹175.3b | ₹69.3b | ₹3.4b | 52.2x | 51.8x | 2.5x |
Price to Earnings Ratio
51.8x
Current Industry PE
- Investors are pessimistic on the Indian Electronic Manufacturing Services 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 68.1x which is lower than its 3-year average PE of 87.0x.
- The industry is trading close to its 3-year average PS ratio of 4.6x.
Past Earnings Growth
- The earnings for companies in the Electronic Manufacturing Services industry have grown 57% per year over the last three years.
- Revenues for these companies have grown 41% 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 | 1.22% | |
| Tech | -3.34% | |
| Electronic Equipment and Components | 2.50% | |
| Electronic Manufacturing Services | 2.10% | |
| Electronic Equipment and Instruments | 4.36% | |
| Electronic Components | 3.58% | |
| Technology Distributors | -1.03% | |
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 | |
|---|---|---|---|---|---|
| KAYNES Kaynes Technology India | ₹4.27k | 1.2% +₹3.5b | -23.5% | PE73.6x | |
| SEDEMAC SEDEMAC Mechatronics | ₹1.72k | 3.8% +₹2.8b | n/a | PE161.2x | |
| CYIENTDLM Cyient DLM | ₹373.00 | 9.3% +₹2.5b | -19.2% | PE40.4x | |
| WEL Wonder Electricals | ₹102.58 | 10.2% +₹1.3b | -37.8% | PE101.4x | |
| SAHASRA Sahasra Electronic Solutions | ₹267.30 | 7.6% +₹473.6m | -31.4% | PE231.5x |
