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Indian (NIFTY) Electronic Manufacturing Services Industry Analysis

UpdatedFeb 07, 2026
DataAggregated Company Financials
Companies11
  • 7D8.8%
  • 3M-17.1%
  • 1Y-4.4%
  • YTDn/a

In the last week, the Electronic Manufacturing Services industry is up 8.8%, with Syrma SGS Technology up 14%. During this same period, the Cyient DLM underperformed, falling 7.7%. However, the industry is down 4.4% over the past year. As for the next few years, earnings are expected to grow by 29% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 07 Feb 2026₹752.1b₹190.2b₹12.7b60.3x59.3x4x
Mon, 05 Jan 2026₹752.0b₹180.2b₹11.7b66.6x64.1x4.2x
Wed, 03 Dec 2025₹866.5b₹180.5b₹11.7b67.2x73.8x4.8x
Fri, 31 Oct 2025₹971.9b₹170.8b₹10.7b75.8x90.9x5.7x
Sun, 28 Sep 2025₹971.3b₹171.5b₹10.5b77.1x92.3x5.7x
Tue, 26 Aug 2025₹892.3b₹171.5b₹10.5b71.7x85.1x5.2x
Thu, 24 Jul 2025₹906.6b₹169.5b₹10.0b77.9x91x5.3x
Sat, 21 Jun 2025₹836.1b₹168.1b₹10.1b66.8x82.6x5x
Mon, 19 May 2025₹887.7b₹163.9b₹9.6b66.6x92.4x5.4x
Wed, 16 Apr 2025₹863.2b₹155.2b₹8.3b60.5x104.2x5.6x
Fri, 14 Mar 2025₹717.1b₹155.2b₹8.3b53.2x86.5x4.6x
Sun, 09 Feb 2025₹763.3b₹154.9b₹8.3b59.9x92x4.9x
Tue, 07 Jan 2025₹1.0t₹144.6b₹7.4b76.6x136.1x7x
Thu, 05 Dec 2024₹882.5b₹144.6b₹7.4b81.8x118.8x6.1x
Sat, 02 Nov 2024₹771.3b₹138.8b₹7.0b81.6x109.8x5.6x
Mon, 30 Sep 2024₹751.3b₹133.5b₹6.3b80.3x118.6x5.6x
Wed, 28 Aug 2024₹680.7b₹133.5b₹6.3b84.7x107.4x5.1x
Fri, 26 Jul 2024₹614.8b₹124.7b₹6.2b90.4x98.7x4.9x
Sun, 23 Jun 2024₹560.8b₹117.6b₹5.6b94.9x99.7x4.8x
Tue, 21 May 2024₹455.0b₹114.6b₹5.2b88.4x87.9x4x
Thu, 18 Apr 2024₹406.3b₹105.1b₹4.9b84.4x83.1x3.9x
Sat, 16 Mar 2024₹411.8b₹103.1b₹5.1b73.5x81.3x4x
Mon, 12 Feb 2024₹442.0b₹101.7b₹5.0b70.7x88.2x4.3x
Wed, 10 Jan 2024₹426.0b₹98.6b₹4.7b83.3x91.5x4.3x
Fri, 08 Dec 2023₹405.4b₹98.6b₹4.7b68.4x87.1x4.1x
Sun, 05 Nov 2023₹380.7b₹97.9b₹4.8b70.3x79.8x3.9x
Tue, 03 Oct 2023₹393.7b₹91.0b₹4.5b72.3x87.3x4.3x
Thu, 31 Aug 2023₹343.1b₹91.0b₹4.5b72.6x76.1x3.8x
Sat, 29 Jul 2023₹311.2b₹86.4b₹4.1b69.5x76.2x3.6x
Mon, 26 Jun 2023₹244.0b₹77.6b₹3.8b55.8x64.6x3.1x
Wed, 24 May 2023₹209.1b₹74.2b₹3.9b50.3x54x2.8x
Fri, 21 Apr 2023₹173.8b₹69.3b₹3.4b52.1x51.4x2.5x
Sun, 19 Mar 2023₹142.5b₹60.9b₹2.8b49x51.8x2.3x
Tue, 14 Feb 2023₹138.9b₹60.9b₹2.8b50.7x50.5x2.3x
Price to Earnings Ratio

50.5x


Total Market Cap: ₹138.9bTotal Earnings: ₹2.8bTotal Revenue: ₹60.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Electronic Manufacturing Services Industry Price to Earnings3Y Average 86.5x202420252026
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 59.3x which is lower than its 3-year average PE of 86.5x.
  • The 3-year average PS ratio of 4.5x is higher than the industry's current PS ratio of 4.0x.
Past Earnings Growth
  • The earnings for companies in the Electronic Manufacturing Services industry have grown 66% per year over the last three years.
  • Revenues for these companies have grown 46% 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 Market1.60%
Tech-4.70%
Electronic Equipment and Components3.72%
Electronic Manufacturing Services8.80%
Electronic Components7.05%
Technology Distributors-0.16%
Electronic Equipment and Instruments-0.52%
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
SYRMA Syrma SGS Technology₹868.6014.1%
+₹20.7b
67.1%PE59.3x
KAYNES Kaynes Technology India₹3.70k6.5%
+₹15.1b
-13.5%PE63.8x
AVALON Avalon Technologies₹1.03k19.9%
+₹11.4b
45.4%PE71.5x
533581 PG Electroplast₹585.456.9%
+₹10.8b
-32.3%PE60.3x
AIMTRON Aimtron Electronics₹842.5011.4%
+₹1.8b
72.7%PE49.5x

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