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Indian (NIFTY) Telecom Sector Analysis

UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies137
  • 7D-3.1%
  • 3M-0.2%
  • 1Y29.8%
  • YTD-2.4%

Over the last 7 days, the Telecom industry has dropped 3.1%, driven by a pullback from Bharti Airtel of 4.6%. Over the past 12 months, the industry was up 30%. As for the next few years, earnings are expected to grow by 20% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 22 Feb 2025₹14.7t₹3.1t₹416.8b28.2x35.2x4.8x
Mon, 20 Jan 2025₹14.9t₹3.0t₹245.1b37.6x60.9x5.1x
Wed, 18 Dec 2024₹15.4t₹3.1t₹258.8b34.7x59.6x5x
Fri, 15 Nov 2024₹14.6t₹3.1t₹262.4b32.5x55.7x4.8x
Sun, 13 Oct 2024₹15.9t₹3.0t₹251.0b35.9x63.4x5.3x
Tue, 10 Sep 2024₹14.9t₹3.0t₹256.9b36.4x57.9x4.9x
Thu, 08 Aug 2024₹14.1t₹3.0t₹252.0b39.9x56.1x4.7x
Sat, 06 Jul 2024₹13.9t₹3.0t₹218.6b37.2x63.5x4.7x
Mon, 03 Jun 2024₹12.9t₹3.0t₹240.9b33.7x53.5x4.3x
Wed, 01 May 2024₹12.6t₹2.9t₹238.0b33.9x52.9x4.3x
Fri, 29 Mar 2024₹11.3t₹2.8t₹234.2b31.7x48x4x
Sun, 25 Feb 2024₹10.7t₹2.8t₹233.9b41.9x45.7x3.8x
Tue, 23 Jan 2024₹10.6t₹2.8t₹198.0b39x53.6x3.8x
Thu, 21 Dec 2023₹9.3t₹2.8t₹203.7b31.7x45.8x3.4x
Sat, 18 Nov 2023₹9.1t₹2.8t₹203.1b31.6x44.8x3.3x
Mon, 16 Oct 2023₹9.1t₹2.7t₹181.2b34.8x50.3x3.4x
Wed, 13 Sep 2023₹8.7t₹2.7t₹181.1b32.3x47.9x3.2x
Fri, 11 Aug 2023₹8.4t₹2.7t₹181.2b33.5x46.6x3.1x
Sun, 09 Jul 2023₹8.1t₹2.6t₹196.7b31.9x41.3x3.1x
Tue, 06 Jun 2023₹7.7t₹2.6t₹205.1b34.4x37.6x3x
Thu, 04 May 2023₹7.2t₹2.6t₹157.4b33.7x45.8x2.8x
Sat, 01 Apr 2023₹7.0t₹2.6t₹164.0b29.7x42.5x2.7x
Mon, 27 Feb 2023₹7.1t₹2.6t₹163.6b30.4x43.4x2.8x
Wed, 25 Jan 2023₹7.3t₹2.5t₹230.1b32.2x31.9x2.9x
Fri, 23 Dec 2022₹7.7t₹2.5t₹232.1b30.7x33.3x3.1x
Sun, 20 Nov 2022₹7.9t₹2.5t₹231.8b31x34.1x3.2x
Tue, 18 Oct 2022₹7.4t₹2.4t₹302.0b28.2x24.6x3.1x
Thu, 15 Sep 2022₹7.8t₹2.4t₹302.2b29.7x25.7x3.3x
Sat, 13 Aug 2022₹7.1t₹2.4t₹299.9b23.6x23.8x3x
Mon, 11 Jul 2022₹6.8t₹2.3t₹286.7b25.7x23.8x3x
Wed, 08 Jun 2022₹6.8t₹2.3t₹286.7b26.1x23.6x3x
Fri, 06 May 2022₹7.2t₹2.2t₹268.2b26.7x26.8x3.3x
Sun, 03 Apr 2022₹7.5t₹2.0t₹252.9b26.8x29.7x3.7x
Tue, 01 Mar 2022₹6.8t₹2.0t₹252.9b21.5x26.8x3.4x
Price to Earnings Ratio

26.8x


Total Market Cap: ₹6.8tTotal Earnings: ₹252.9bTotal Revenue: ₹2.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Telecom Sector Price to Earnings3Y Average 43.1x202320242025
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 35.2x which is lower than its 3-year average PE of 43.1x.
  • The 3-year average PS ratio of 3.7x is lower than the industry's current PS ratio of 4.8x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have grown 18% per year over the last three years.
  • Revenues for these companies have grown 15% 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 Market-0.74%
Telecom-3.12%
Interactive Media and Services1.01%
Telecom Services and Carriers-2.23%
Media-2.37%
Entertainment-2.41%
Wireless Telecom-3.76%
Industry PE
  • Investors are most optimistic about the Interactive Media and Services industry which is trading above its 3-year average PE ratio of 62.8x.
    • Analysts are expecting annual earnings growth of 30.0%, which is lower than the prior year's growth of 63.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Entertainment industry, expecting annual earnings growth of 44% over the next 5 years.
  • This is better than its past earnings growth rate of 18% per year.
  • In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 6.7% 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
NAUKRI Info Edge (India)₹7.54k0.7%
+₹6.7b
41.2%PE174.1x
AFFLE Affle (India)₹1.55k3.0%
+₹6.2b
36.0%PE59.3x
JUSTDIAL Just Dial₹867.858.4%
+₹5.7b
-6.4%PE13.6x
HFCL HFCL₹89.414.3%
+₹5.4b
-20.4%PE35x
DBCORP D. B₹222.808.4%
+₹3.1b
-25.3%PE9x
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Latest News

539469

₹197.45

Panorama Studios International

7D

12.6%

1Y

21.5%

532454

₹1,638.40

Bharti Airtel

7D

-4.6%

1Y

45.4%

IDEA

₹8.04

Vodafone Idea

7D

-2.1%

1Y

-54.2%

531637

₹551.80

Praveg

7D

-9.7%

1Y

-41.6%

532163

₹499.30

Saregama India

7D

2.6%

1Y

23.1%

SUNTV

₹575.95

Sun TV Network

7D

-1.5%

1Y

-9.2%

AFFLE

₹1,546.00

Affle (India)

7D

3.0%

1Y

36.0%

NAUKRI

₹7,537.10

Info Edge (India)

7D

0.7%

1Y

41.2%

HFCL

₹89.41

HFCL

7D

4.3%

1Y

-20.4%

INDUSTOWER

₹336.40

Indus Towers

7D

0.3%

1Y

39.5%

532371

₹65.31

Tata Teleservices (Maharashtra)

7D

-1.8%

1Y

-27.3%

530943

₹488.95

Sri Adhikari Brothers Television Network

7D

-9.1%

1Y

n/a