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Indian (NIFTY) Electronic Manufacturing Services Industry Analysis

UpdatedMar 21, 2025
DataAggregated Company Financials
Companies11
  • 7D9.1%
  • 3M-23.7%
  • 1Y83.0%
  • YTDn/a

In the last week, the Electronic Manufacturing Services industry is up 5.8%, with Kaynes Technology India leading the way, up 9.4%. In the last 12 months, the industry was up 85%. Looking forward, earnings are forecast to grow by 34% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 21 Mar 2025₹782.4b₹155.2b₹8.3b59x94.4x5x
Sun, 16 Feb 2025₹690.1b₹155.2b₹8.3b56.5x83.3x4.4x
Tue, 14 Jan 2025₹874.9b₹144.6b₹7.4b69.8x117.8x6x
Thu, 12 Dec 2024₹929.8b₹144.6b₹7.4b78.9x125.1x6.4x
Sat, 09 Nov 2024₹812.9b₹139.6b₹7.1b85.1x114x5.8x
Mon, 07 Oct 2024₹695.4b₹133.5b₹6.3b81.4x109.8x5.2x
Wed, 04 Sep 2024₹672.9b₹133.5b₹6.3b79.2x106.2x5x
Fri, 02 Aug 2024₹631.5b₹126.8b₹6.5b82.9x97.3x5x
Sun, 30 Jun 2024₹568.8b₹117.9b₹5.7b84.7x100.2x4.8x
Tue, 28 May 2024₹480.9b₹114.2b₹5.2b95.2x92.9x4.2x
Thu, 25 Apr 2024₹429.6b₹106.2b₹5.0b86.3x86.1x4x
Sat, 23 Mar 2024₹417.5b₹103.1b₹5.1b77.8x82.4x4x
Mon, 19 Feb 2024₹432.6b₹103.1b₹5.1b70.4x85.4x4.2x
Wed, 17 Jan 2024₹437.2b₹98.6b₹4.7b84.3x93.9x4.4x
Fri, 15 Dec 2023₹428.4b₹98.6b₹4.7b72.6x92x4.3x
Sun, 12 Nov 2023₹387.7b₹98.6b₹4.6b70.9x83.6x3.9x
Tue, 10 Oct 2023₹418.1b₹93.3b₹4.6b69.4x91.2x4.5x
Thu, 07 Sep 2023₹363.4b₹91.0b₹4.5b74.6x80.6x4x
Sat, 05 Aug 2023₹313.5b₹89.5b₹4.4b63.8x71.9x3.5x
Mon, 03 Jul 2023₹250.0b₹77.6b₹3.8b56.6x66.2x3.2x
Wed, 31 May 2023₹224.0b₹74.8b₹3.8b54.5x59.5x3x
Fri, 28 Apr 2023₹174.7b₹69.3b₹3.4b52.3x51.6x2.5x
Sun, 26 Mar 2023₹140.2b₹60.9b₹2.8b49.3x51x2.3x
Tue, 21 Feb 2023₹137.7b₹60.9b₹2.8b48.9x50.1x2.3x
Thu, 19 Jan 2023₹133.7b₹54.5b₹2.3b52.1x59.2x2.5x
Sat, 17 Dec 2022₹118.0b₹42.7b₹1.9b53.6x63.7x2.8x
Mon, 14 Nov 2022₹75.0b₹29.4b₹1.2b40.1x63.7x2.5x
Wed, 12 Oct 2022₹77.1b₹29.4b₹1.2b44.2x65.6x2.6x
Fri, 09 Sep 2022₹21.0b₹19.2b₹620.7m29.3x33.9x1.1x
Sun, 07 Aug 2022₹21.5b₹15.0b₹446.9m39.3x48.2x1.4x
Tue, 05 Jul 2022₹20.9b₹15.0b₹446.9m38.9x46.8x1.4x
Thu, 02 Jun 2022₹21.4b₹15.0b₹446.9m41x47.9x1.4x
Sat, 30 Apr 2022₹18.9b₹13.3b₹301.6m52.5x62.8x1.4x
Mon, 28 Mar 2022₹17.0b₹13.3b₹301.6m47.2x56.5x1.3x
Price to Earnings Ratio

56.5x


Total Market Cap: ₹17.0bTotal Earnings: ₹301.6mTotal Revenue: ₹13.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Electronic Manufacturing Services Industry Price to Earnings3Y Average 77.9x202320242025
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 93.0x which is higher than its 3-year average PE of 77.9x.
  • The 3-year average PS ratio of 3.6x 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 202% per year over the last three years.
  • Revenues for these companies have grown 127% 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 Market4.45%
Tech2.08%
Electronic Equipment and Components5.97%
Electronic Manufacturing Services9.12%
Electronic Components5.27%
Technology Distributors3.11%
Electronic Equipment and Instruments2.45%
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₹4.85k14.2%
+₹38.6b
73.2%PE119.8x
533581 PG Electroplast₹942.0012.8%
+₹30.2b
472.4%PE125.7x
SYRMA Syrma SGS Technology₹468.9013.3%
+₹9.8b
-2.7%PE60x
AVALON Avalon Technologies₹768.8013.9%
+₹6.2b
55.4%PE110x
CYIENTDLM Cyient DLM₹417.654.2%
+₹1.3b
-39.5%PE55.4x
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