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Indian (NIFTY) Telecom Sector Analysis
UpdatedNov 28, 2021
DataAggregated Company Financials
Companies105
- 7D-0.7%
- 3M14.1%
- 1Y53.8%
- YTD38.9%
Over the last 7 days, the Telecom industry has remained flat, although notably Tata Teleservices (Maharashtra) gained 27%. The past year has been better, since the industry has gained 54% in that time.
Sector Valuation and Performance
Has the Indian Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Tue, 30 Nov 2021 | ₹7.7t | ₹1.9t | ₹103.6b | 26.9x |
| Thu, 28 Oct 2021 | ₹7.2t | ₹1.8t | -₹4,500,249,214.00 | 29.6x |
| Sat, 25 Sep 2021 | ₹7.5t | ₹1.8t | -₹5,591,711,567.00 | 20.4x |
| Mon, 23 Aug 2021 | ₹6.0t | ₹1.8t | -₹5,232,849,333.00 | 18.5x |
| Sat, 10 Jul 2021 | ₹5.6t | ₹1.8t | -₹5,232,849,333.00 | 23x |
| Fri, 02 Apr 2021 | ₹5.3t | ₹1.7t | -₹185,188,817,368.00 | 18.4x |
| Mon, 04 Jan 2021 | ₹5.1t | ₹1.7t | -₹265,352,173,604.00 | 15.6x |
| Thu, 08 Oct 2020 | ₹4.1t | ₹1.6t | -₹201,908,199,778.00 | 14.8x |
| Wed, 01 Jul 2020 | ₹4.7t | ₹1.6t | -₹434,948,717,782.00 | 14.1x |
| Sat, 04 Apr 2020 | ₹3.7t | ₹2.1t | -₹1,053,969,196,405.00 | 8.8x |
| Tue, 07 Jan 2020 | ₹4.4t | ₹2.1t | -₹910,328,515,754.00 | 13x |
| Mon, 30 Sep 2019 | ₹3.9t | ₹2.1t | -₹865,773,154,982.00 | 14.2x |
| Thu, 04 Jul 2019 | ₹4.2t | ₹2.1t | -₹160,692,414,582.00 | 16.4x |
| Sun, 07 Apr 2019 | ₹3.9t | ₹2.0t | -₹91,769,940,643.00 | 27.5x |
| Wed, 09 Jan 2019 | ₹3.8t | ₹1.9t | -₹42,320,583,282.00 | 18.9x |
PE Ratio
20.3x
Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 26.2x which is higher than its 3-year average PE of 17.7x. It appears they are confident that earnings will grow faster in the future than they have historically.
Past Earnings Growth: Total earnings for the Communication Services industry have gone up over the last three years, and the industry is now profitable. Revenues have remained mostly flat. This means that the industry has become more efficient since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the Indian Telecom sector?
| Media | 1.36% | |
| Wireless Telecom | -0.32% | |
| Interactive Media and Services | -1.13% | |
| Entertainment | -3.06% | |
| Telecom Services and Carriers | -3.27% | |
Industry PE: Investors are most optimistic about the Entertainment industry which is trading above its 3-year average PE ratio of 27.6x. This is likely because analysts are expecting annual earnings growth of 55%, which is higher than its past year's earnings decline of 16% per year. Meanwhile, investors are most pessimistic about the Media industry, which is trading close to its 3-year average of 14.9x.
Forecasted Growth: Analysts are most optimistic on the Entertainment industry, expecting annual earnings growth of 55% over the next 5 years. This is better than its past earnings decline of 16% per year. Meanwhile, the Interactive Media and Services industry is expected to see its earnings decline by 89% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| 532371 Tata Teleservices (Maharashtra) | 27.4%+₹47.1b | 1,491.8% | PS20.2x | |
| 532368 Brightcom Group | 14.7%+₹20.4b | 3,392.9% | PE26.7x | |
| TATACOMM Tata Communications | 5.3%+₹18.8b | 25.1% | PE27.8x | |
| IDEA Vodafone Idea | 4.2%+₹12.9b | 10.5% | PS0.8x | |
| ZEEL Zee Entertainment Enterprises | 3.8%+₹11.4b | 65.8% | PE26.9x |