RailTel Corporation of India Limited (NSE:RAILTEL) Investors Are Less Pessimistic Than Expected
Apr 13
Indian (NIFTY) Telecom Sector Analysis
UpdatedApr 16, 2024
DataAggregated Company Financials
Companies133
- 7D-0.09%
- 3M8.8%
- 1Y59.6%
- YTD16.0%
The Telecom industry has been flat over the last week, but Info Edge (India) has lost 6.4%. The past year has been better, since the industry has gained 60% in that time. As for the next few years, earnings are expected to grow by 39% per annum.
Sector Valuation and Performance
Has the Indian Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 16 Apr 2024 | ₹11.8t | ₹2.9t | ₹239.0b | 33.8x | 49.5x | 4.1x |
| Thu, 14 Mar 2024 | ₹10.6t | ₹2.8t | ₹234.2b | 31.7x | 45.1x | 3.7x |
| Sat, 10 Feb 2024 | ₹10.6t | ₹2.8t | ₹230.6b | 44.8x | 45.8x | 3.7x |
| Mon, 08 Jan 2024 | ₹10.1t | ₹2.8t | ₹203.6b | 37.9x | 49.8x | 3.7x |
| Wed, 06 Dec 2023 | ₹9.6t | ₹2.8t | ₹203.6b | 31.3x | 47.3x | 3.5x |
| Fri, 03 Nov 2023 | ₹8.8t | ₹2.8t | ₹176.4b | 34.4x | 50.1x | 3.2x |
| Sun, 01 Oct 2023 | ₹8.9t | ₹2.7t | ₹181.1b | 35x | 49.3x | 3.3x |
| Tue, 29 Aug 2023 | ₹8.4t | ₹2.7t | ₹180.8b | 31.5x | 46.6x | 3.1x |
| Thu, 27 Jul 2023 | ₹8.4t | ₹2.7t | ₹197.0b | 32.3x | 42.8x | 3.2x |
| Sat, 24 Jun 2023 | ₹7.9t | ₹2.6t | ₹196.5b | 30x | 40.4x | 3x |
| Mon, 22 May 2023 | ₹7.3t | ₹2.6t | ₹186.3b | 33.5x | 39.2x | 2.8x |
| Wed, 19 Apr 2023 | ₹7.0t | ₹2.6t | ₹162.6b | 32.5x | 43.1x | 2.7x |
| Fri, 17 Mar 2023 | ₹6.9t | ₹2.6t | ₹163.6b | 30.7x | 42.4x | 2.7x |
| Sun, 12 Feb 2023 | ₹7.3t | ₹2.6t | ₹168.4b | 31.1x | 43.2x | 2.8x |
| Tue, 10 Jan 2023 | ₹7.7t | ₹2.5t | ₹232.2b | 31.9x | 33.1x | 3.1x |
| Thu, 08 Dec 2022 | ₹7.9t | ₹2.5t | ₹232.2b | 31.3x | 34.2x | 3.2x |
| Sat, 05 Nov 2022 | ₹7.8t | ₹2.5t | ₹305.6b | 28x | 25.5x | 3.1x |
| Mon, 03 Oct 2022 | ₹7.6t | ₹2.4t | ₹302.2b | 26.9x | 25.3x | 3.2x |
| Wed, 31 Aug 2022 | ₹7.3t | ₹2.4t | ₹302.2b | 24.9x | 24.3x | 3.1x |
| Fri, 29 Jul 2022 | ₹6.9t | ₹2.3t | ₹289.7b | 27.5x | 23.7x | 3x |
| Sun, 26 Jun 2022 | ₹6.6t | ₹2.3t | ₹286.7b | 24x | 23.1x | 2.9x |
| Tue, 24 May 2022 | ₹6.8t | ₹2.3t | ₹288.8b | 24.4x | 23.5x | 3x |
| Thu, 21 Apr 2022 | ₹7.3t | ₹2.0t | ₹252.9b | 27.5x | 29x | 3.7x |
| Sat, 19 Mar 2022 | ₹7.2t | ₹2.0t | ₹255.9b | 24.6x | 28.3x | 3.6x |
| Mon, 14 Feb 2022 | ₹7.3t | ₹2.0t | ₹252.9b | 27x | 28.8x | 3.6x |
| Wed, 12 Jan 2022 | ₹7.6t | ₹1.9t | ₹104.6b | 30x | 73x | 4x |
| Fri, 10 Dec 2021 | ₹7.7t | ₹1.9t | ₹103.6b | 29.7x | 74x | 4x |
| Sun, 07 Nov 2021 | ₹7.5t | ₹1.9t | ₹31.3b | 30.3x | 240.1x | 3.9x |
| Tue, 05 Oct 2021 | ₹7.2t | ₹1.8t | -₹5,599,509,973.00 | 23.6x | -1279.3x | 4x |
| Thu, 02 Sep 2021 | ₹6.5t | ₹1.8t | -₹5,232,849,333.00 | 19.2x | -1239.7x | 3.6x |
| Sat, 31 Jul 2021 | ₹5.9t | ₹1.8t | -₹5,232,849,333.00 | 20x | -1122.3x | 3.2x |
| Tue, 04 May 2021 | ₹5.5t | ₹1.7t | -₹185,188,817,368.00 | 18.7x | -29.8x | 3.2x |
Price to Earnings Ratio
-29.8x
Current Industry PE
- Investors are optimistic on the Indian Communication Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 49.5x which is higher than its 3-year average PE of -90.7x.
- The 3-year average PS ratio of 3.3x is lower than the industry's current PS ratio of 4.1x.
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 grown 20% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Telecom sector?
| IN Market | -1.72% | |
| Telecom | -0.094% | |
| Wireless Telecom | 1.74% | |
| Telecom Services and Carriers | -1.92% | |
| Entertainment | -2.13% | |
| Media | -3.23% | |
| Interactive Media and Services | -5.93% | |
Industry PE
- Investors are most optimistic about the Interactive Media and Services industry which is trading above its 3-year average PE ratio of 41.8x.
- Analysts are expecting annual earnings growth of 31.9%, which is higher than its past year's earnings growth of 4.8% per year.
- Investors are most pessimistic about the Entertainment industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Entertainment industry, expecting annual earnings growth of 47% over the next 5 years.
- However this is lower than its past earnings growth rate of 65% per year.
- In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 19% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 532454 Bharti Airtel | ₹1.23k | 1.7% +₹126.6b | 61.3% | PE88.3x | |
| INDUSTOWER Indus Towers | ₹334.55 | 2.1% +₹18.2b | 144.0% | PE16.1x | |
| PVRINOX PVR INOX | ₹1.40k | 0.8% +₹1.0b | -8.7% | PS2.3x | |
| VERTOZ Vertoz Advertising | ₹791.95 | 2.9% +₹855.0m | 274.7% | PE173.3x | |
| GTPL GTPL Hathway | ₹187.45 | 3.2% +₹657.9m | 84.3% | PE25.7x |
