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Indian (NIFTY) Electronic Manufacturing Services Industry Analysis

UpdatedSep 17, 2025
DataAggregated Company Financials
Companies11
  • 7D0.5%
  • 3M14.0%
  • 1Y23.5%
  • YTDn/a

In the last week, the Electronic Manufacturing Services industry is flat overall, with Syrma SGS Technology standing out by going down 5.7%. As for the the longer term, the industry is up 23% over the past 12 months. As for the next few years, earnings are expected to grow by 31% per annum.

Industry Valuation and Performance

Has the Indian Electronic Manufacturing Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 17 Sep 2025₹983.2b₹171.5b₹10.5b78.6x93.4x5.7x
Fri, 15 Aug 2025₹845.3b₹171.5b₹10.5b66.6x80.6x4.9x
Sun, 13 Jul 2025₹912.6b₹169.5b₹10.0b75.5x91.6x5.4x
Tue, 10 Jun 2025₹840.1b₹168.1b₹10.1b65.5x83x5x
Thu, 08 May 2025₹853.4b₹155.9b₹8.4b61.3x102x5.5x
Sat, 05 Apr 2025₹766.9b₹155.2b₹8.3b57.3x92.5x4.9x
Mon, 03 Mar 2025₹696.9b₹155.2b₹8.3b52.9x84.1x4.5x
Wed, 29 Jan 2025₹699.0b₹148.0b₹7.6b66.1x92.4x4.7x
Fri, 27 Dec 2024₹999.7b₹144.6b₹7.4b79.9x134.6x6.9x
Sun, 24 Nov 2024₹818.3b₹142.9b₹7.3b81.4x112.6x5.7x
Tue, 22 Oct 2024₹745.6b₹134.5b₹6.7b77.8x111.9x5.5x
Thu, 19 Sep 2024₹741.0b₹133.5b₹6.3b82.9x117x5.5x
Sat, 17 Aug 2024₹671.5b₹133.5b₹6.3b74.5x106x5x
Mon, 15 Jul 2024₹597.9b₹117.9b₹5.7b92x105.3x5.1x
Wed, 12 Jun 2024₹501.4b₹118.0b₹5.6b88.8x89.1x4.2x
Fri, 10 May 2024₹408.1b₹106.2b₹5.0b81.2x81.7x3.8x
Sun, 07 Apr 2024₹420.0b₹103.1b₹5.1b79.1x82.9x4.1x
Tue, 05 Mar 2024₹459.5b₹103.1b₹5.1b77.6x90.7x4.5x
Thu, 01 Feb 2024₹448.1b₹102.1b₹5.0b80.9x89.5x4.4x
Sat, 30 Dec 2023₹443.9b₹98.6b₹4.7b86.9x95.4x4.5x
Mon, 27 Nov 2023₹403.1b₹98.6b₹4.7b67.8x86.6x4.1x
Wed, 25 Oct 2023₹400.3b₹94.5b₹4.7b69.9x85.9x4.2x
Fri, 22 Sep 2023₹363.8b₹91.0b₹4.5b72x80.7x4x
Sun, 20 Aug 2023₹304.5b₹91.0b₹4.5b62.3x67.5x3.3x
Tue, 18 Jul 2023₹323.9b₹85.9b₹4.1b72.6x79.1x3.8x
Thu, 15 Jun 2023₹247.0b₹77.6b₹3.8b56.7x65.4x3.2x
Sat, 13 May 2023₹181.0b₹69.3b₹3.4b55.5x53.5x2.6x
Mon, 10 Apr 2023₹148.0b₹60.9b₹2.8b53.4x53.8x2.4x
Wed, 08 Mar 2023₹143.9b₹60.9b₹2.8b52.9x52.3x2.4x
Fri, 03 Feb 2023₹128.5b₹57.5b₹2.6b46.6x49.8x2.2x
Sun, 01 Jan 2023₹133.2b₹54.5b₹2.3b47.2x59x2.4x
Tue, 29 Nov 2022₹118.0b₹42.7b₹1.9b50.4x63.7x2.8x
Thu, 27 Oct 2022₹75.7b₹29.4b₹1.2b43.7x64.3x2.6x
Sat, 24 Sep 2022₹75.5b₹23.6b₹940.9m41.8x80.3x3.2x
Price to Earnings Ratio

80.3x


Total Market Cap: ₹75.5bTotal Earnings: ₹940.9mTotal Revenue: ₹23.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Electronic Manufacturing Services Industry Price to Earnings3Y Average 84.7x202320242025
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 93.4x which is higher than its 3-year average PE of 84.7x.
  • The 3-year average PS ratio of 4.2x is lower than the industry's current PS ratio of 5.7x.
Past Earnings Growth
  • The earnings for companies in the Electronic Manufacturing Services industry have grown 124% per year over the last three years.
  • Revenues for these companies have grown 94% 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 Market1.96%
Tech3.01%
Electronic Equipment and Components3.48%
Electronic Manufacturing Services0.48%
Technology Distributors12.39%
Electronic Equipment and Instruments4.04%
Electronic Components0.82%
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?

CompanyLast Price7D1YValuation
KAYNES Kaynes Technology India₹7.26k2.3%
+₹10.7b
32.5%PE153.3x
WEL Wonder Electricals₹161.6520.8%
+₹3.7b
18.1%PE118.1x
CYIENTDLM Cyient DLM₹478.003.8%
+₹1.4b
-31.2%PE58.4x
OSELDEVICE Osel Devices₹636.7010.4%
+₹966.1m
n/aPE51.2x
AIMTRON Aimtron Electronics₹734.601.7%
+₹249.0m
54.0%PE58.5x