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Indian (NIFTY) Telecom Sector Analysis

UpdatedJun 07, 2025
DataAggregated Company Financials
Companies136
  • 7D1.1%
  • 3M15.7%
  • 1Y24.0%
  • YTD10.7%

In the last week, the Telecom industry is up 1.1%, with Bharti Airtel up 0.7%. This takes the industry's 12 month performance to a gain of 24%. Earnings are forecast to grow by 15% annually.

Sector Valuation and Performance

Has the Indian Telecom Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 07 Jun 2025₹16.7t₹3.1t₹507.1b29.9x32.9x5.3x
Mon, 05 May 2025₹16.2t₹3.0t₹416.7b26.7x38.8x5.4x
Wed, 02 Apr 2025₹15.1t₹3.0t₹410.6b26.8x36.9x5x
Fri, 28 Feb 2025₹14.5t₹3.1t₹416.8b26.3x34.9x4.8x
Sun, 26 Jan 2025₹14.9t₹3.0t₹271.3b34.4x55x5x
Tue, 24 Dec 2024₹15.1t₹3.1t₹257.1b35.7x58.7x4.9x
Thu, 21 Nov 2024₹14.5t₹3.1t₹265.2b32.2x54.8x4.7x
Sat, 19 Oct 2024₹16.0t₹3.0t₹248.9b34.8x64.2x5.3x
Mon, 16 Sep 2024₹15.7t₹3.0t₹257.1b36.7x60.9x5.2x
Wed, 14 Aug 2024₹14.2t₹3.0t₹256.9b40x55.3x4.7x
Fri, 12 Jul 2024₹13.9t₹3.0t₹218.7b36.2x63.5x4.7x
Sun, 09 Jun 2024₹13.4t₹3.0t₹217.2b35.4x61.6x4.5x
Tue, 07 May 2024₹12.3t₹3.0t₹241.6b33.1x50.8x4.2x
Thu, 04 Apr 2024₹11.4t₹2.8t₹234.2b34x48.7x4x
Sat, 02 Mar 2024₹10.7t₹2.8t₹233.9b40.8x45.7x3.8x
Mon, 29 Jan 2024₹10.8t₹2.8t₹221.7b43.1x48.5x3.8x
Wed, 27 Dec 2023₹9.6t₹2.8t₹203.7b31.9x47.2x3.5x
Fri, 24 Nov 2023₹9.3t₹2.8t₹203.6b31.3x45.6x3.4x
Sun, 22 Oct 2023₹9.0t₹2.7t₹180.4b36.9x49.9x3.3x
Tue, 19 Sep 2023₹8.9t₹2.7t₹181.1b33.8x49.1x3.3x
Thu, 17 Aug 2023₹8.3t₹2.7t₹181.6b32.7x45.5x3.1x
Sat, 15 Jul 2023₹8.3t₹2.6t₹196.7b32.6x42.2x3.2x
Mon, 12 Jun 2023₹7.7t₹2.6t₹205.5b32.1x37.6x3x
Wed, 10 May 2023₹7.3t₹2.6t₹157.5b34.3x46.5x2.8x
Fri, 07 Apr 2023₹7.1t₹2.6t₹164.0b32.3x43.3x2.8x
Sun, 05 Mar 2023₹7.1t₹2.6t₹163.6b31.4x43.7x2.8x
Tue, 31 Jan 2023₹7.2t₹2.5t₹207.6b30.9x34.6x2.9x
Thu, 29 Dec 2022₹7.6t₹2.5t₹232.1b30.1x32.9x3.1x
Sat, 26 Nov 2022₹8.0t₹2.5t₹232.1b29.4x34.5x3.2x
Mon, 24 Oct 2022₹7.6t₹2.4t₹302.8b27.5x25.2x3.2x
Wed, 21 Sep 2022₹7.7t₹2.4t₹302.2b29x25.5x3.2x
Fri, 19 Aug 2022₹7.3t₹2.4t₹302.1b25.9x24.2x3.1x
Sun, 17 Jul 2022₹6.7t₹2.2t₹286.0b25.6x23.3x3x
Tue, 14 Jun 2022₹6.6t₹2.3t₹286.4b24.8x23.1x2.9x
Price to Earnings Ratio

23.1x


Total Market Cap: ₹6.6tTotal Earnings: ₹286.4bTotal Revenue: ₹2.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Telecom Sector Price to Earnings3Y Average 43.9x202320242025
Current Industry PE
  • Investors are pessimistic on the Indian Communication 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 32.9x which is lower than its 3-year average PE of 43.9x.
  • The 3-year average PS ratio of 3.8x is lower than the industry's current PS ratio of 5.3x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have grown 21% per year over the last three years.
  • Revenues for these companies have grown 11% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Indian Telecom sector?

IN Market1.48%
Telecom1.11%
Interactive Media and Services5.20%
Telecom Services and Carriers2.76%
Entertainment2.63%
Wireless Telecom0.57%
Media-0.32%
Industry PE
  • Investors are most optimistic about the Interactive Media and Services industry, which is trading close to its 3-year average PE ratio of 70.2x.
    • Analysts are expecting annual earnings growth of 16.4%, which is lower than the prior year's growth of 64.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Entertainment industry, expecting annual earnings growth of 35% over the next 5 years.
  • This is better than its past earnings growth rate of 3.4% per year.
  • In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 5.0% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
532454 Bharti Airtel₹1.87k0.7%
+₹76.1b
31.1%PE33.9x
NAUKRI Info Edge (India)₹1.51k5.6%
+₹51.5b
21.0%PE101.1x
INDUSTOWER Indus Towers₹391.101.8%
+₹18.7b
12.7%PE10.6x
RAILTEL RailTel Corporation of India₹444.1511.4%
+₹14.6b
17.3%PE47.5x
TATACOMM Tata Communications₹1.71k2.2%
+₹10.5b
-5.5%PE30x
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Latest News

TATACOMM

₹1,713.10

Tata Communications

7D

2.2%

1Y

-5.5%

539469

₹194.80

Panorama Studios International

7D

-6.3%

1Y

5.6%

531637

₹501.30

Praveg

7D

-12.7%

1Y

-42.3%

532454

₹1,869.30

Bharti Airtel

7D

0.7%

1Y

31.1%

HFCL

₹91.42

HFCL

7D

4.4%

1Y

-6.2%

532371

₹71.14

Tata Teleservices (Maharashtra)

7D

-2.5%

1Y

-4.8%

532163

₹575.25

Saregama India

7D

6.3%

1Y

4.1%