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Indian (NIFTY) Electronic Manufacturing Services Industry Analysis

UpdatedJan 11, 2026
DataAggregated Company Financials
Companies11
  • 7D-4.4%
  • 3M-28.0%
  • 1Y-27.4%
  • YTDn/a

Over the last 7 days, the Electronic Manufacturing Services industry has dropped 4.4%, driven by a pullback from Kaynes Technology India of 8.0%. Overall the industry is down 27% in 12 months. Earnings are forecast to grow by 30% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 11 Jan 2026₹719.2b₹180.2b₹11.7b64.8x61.3x4x
Tue, 09 Dec 2025₹717.9b₹180.2b₹11.7b61.6x61.2x4x
Thu, 06 Nov 2025₹952.5b₹174.2b₹11.3b74.6x84.3x5.5x
Sat, 04 Oct 2025₹972.6b₹171.5b₹10.5b76.2x92.4x5.7x
Mon, 01 Sep 2025₹867.5b₹171.5b₹10.5b69.3x82.8x5.1x
Wed, 30 Jul 2025₹900.0b₹167.3b₹10.3b79.4x87.6x5.4x
Fri, 27 Jun 2025₹859.2b₹169.6b₹10.3b56.5x83.7x5.1x
Sun, 25 May 2025₹865.1b₹166.9b₹10.0b64.7x86.9x5.2x
Tue, 22 Apr 2025₹884.3b₹155.2b₹8.3b62.6x106.7x5.7x
Thu, 20 Mar 2025₹770.9b₹155.2b₹8.3b59.9x93x5x
Sat, 15 Feb 2025₹690.1b₹155.2b₹8.3b56.5x83.3x4.4x
Mon, 13 Jan 2025₹939.6b₹144.6b₹7.4b73x126.5x6.5x
Wed, 11 Dec 2024₹916.5b₹144.6b₹7.4b78.4x123.4x6.3x
Fri, 08 Nov 2024₹820.1b₹139.6b₹7.1b86.3x115x5.9x
Sun, 06 Oct 2024₹695.4b₹133.5b₹6.3b81.4x109.8x5.2x
Tue, 03 Sep 2024₹653.7b₹133.5b₹6.3b79.8x103.2x4.9x
Thu, 01 Aug 2024₹636.0b₹126.8b₹6.5b85x98x5x
Sat, 29 Jun 2024₹568.8b₹117.9b₹5.7b84.7x100.2x4.8x
Mon, 27 May 2024₹479.9b₹114.2b₹5.2b90.8x92.8x4.2x
Wed, 24 Apr 2024₹424.5b₹105.1b₹4.9b85.1x86.8x4x
Fri, 22 Mar 2024₹412.0b₹103.1b₹5.1b78.4x81.3x4x
Sun, 18 Feb 2024₹432.6b₹103.1b₹5.1b70.4x85.4x4.2x
Tue, 16 Jan 2024₹436.0b₹98.6b₹4.7b83.5x93.7x4.4x
Thu, 14 Dec 2023₹419.3b₹98.6b₹4.7b73x90.1x4.3x
Sat, 11 Nov 2023₹387.7b₹98.6b₹4.6b70.9x83.6x3.9x
Mon, 09 Oct 2023₹415.9b₹93.3b₹4.6b70.7x90.8x4.5x
Wed, 06 Sep 2023₹361.8b₹91.0b₹4.5b71.8x80.2x4x
Fri, 04 Aug 2023₹311.2b₹89.5b₹4.4b65.4x71.4x3.5x
Sun, 02 Jul 2023₹250.0b₹77.6b₹3.8b56.6x66.2x3.2x
Tue, 30 May 2023₹215.8b₹74.8b₹3.8b53.5x57.3x2.9x
Thu, 27 Apr 2023₹174.8b₹69.3b₹3.4b52.2x51.7x2.5x
Sat, 25 Mar 2023₹140.2b₹60.9b₹2.8b49.3x51x2.3x
Mon, 20 Feb 2023₹137.5b₹60.9b₹2.8b49.4x50x2.3x
Wed, 18 Jan 2023₹132.1b₹54.5b₹2.3b51.8x58.5x2.4x
Price to Earnings Ratio

58.5x


Total Market Cap: ₹132.1bTotal Earnings: ₹2.3bTotal Revenue: ₹54.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Electronic Manufacturing Services Industry Price to Earnings3Y Average 86.4x202420252026
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 61.3x which is lower than its 3-year average PE of 86.4x.
  • 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 73% per year over the last three years.
  • Revenues for these companies have grown 49% 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-2.80%
Tech-1.59%
Electronic Equipment and Components-4.06%
Electronic Manufacturing Services-4.37%
Technology Distributors-2.44%
Electronic Equipment and Instruments-3.84%
Electronic Components-9.63%
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
AVALON Avalon Technologies₹902.351.0%
+₹574.1m
-1.2%PE68.9x

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