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Indian (NIFTY) Telecom Sector Analysis

UpdatedAug 29, 2025
DataAggregated Company Financials
Companies135
  • 7D-2.5%
  • 3M-0.9%
  • 1Y7.8%
  • YTD8.5%

Over the last 7 days, the Telecom industry has dropped 2.5%, driven by Bharti Airtel declining 2.3%. On the other hand Diksat Transworld is actually up 409%. In the past year, the industry has gained 7.8%. Looking forward, earnings are forecast to grow by 16% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 30 Aug 2025₹16.3t₹3.3t₹542.0b26.2x30.1x5x
Mon, 28 Jul 2025₹17.0t₹3.1t₹519.9b28.6x32.6x5.4x
Wed, 25 Jun 2025₹17.2t₹3.1t₹507.9b28.9x33.8x5.5x
Fri, 23 May 2025₹16.2t₹3.1t₹513.4b29.1x31.6x5.2x
Sun, 20 Apr 2025₹16.3t₹3.0t₹411.0b28.1x39.8x5.4x
Tue, 18 Mar 2025₹14.3t₹3.1t₹416.8b24.9x34.4x4.7x
Thu, 13 Feb 2025₹15.1t₹3.0t₹394.6b31x38.4x5x
Sat, 11 Jan 2025₹14.9t₹3.1t₹257.0b35.1x58.1x4.9x
Mon, 09 Dec 2024₹15.4t₹3.1t₹261.6b33.6x58.7x5x
Wed, 06 Nov 2024₹14.9t₹3.0t₹285.9b33.2x52.3x4.9x
Fri, 04 Oct 2024₹15.9t₹3.0t₹251.5b36.1x63.1x5.3x
Sun, 01 Sep 2024₹15.4t₹3.0t₹257.2b36.7x59.8x5.1x
Tue, 30 Jul 2024₹14.5t₹3.0t₹216.8b39.3x66.9x4.8x
Thu, 27 Jun 2024₹13.6t₹3.0t₹218.6b35.3x62x4.5x
Sat, 25 May 2024₹13.1t₹3.0t₹239.7b34.2x54.7x4.4x
Mon, 22 Apr 2024₹12.3t₹2.9t₹238.1b35x51.6x4.2x
Wed, 20 Mar 2024₹11.0t₹2.8t₹234.2b31.7x46.8x3.9x
Fri, 16 Feb 2024₹10.5t₹2.8t₹233.4b40x44.9x3.7x
Sun, 14 Jan 2024₹10.4t₹2.8t₹202.5b37.6x51.2x3.7x
Tue, 12 Dec 2023₹9.6t₹2.8t₹203.6b34.5x47x3.5x
Thu, 09 Nov 2023₹9.0t₹2.8t₹201.2b33.4x44.6x3.3x
Sat, 07 Oct 2023₹8.9t₹2.7t₹181.1b34.4x49.1x3.3x
Mon, 04 Sep 2023₹8.5t₹2.7t₹180.8b33.6x47.1x3.1x
Wed, 02 Aug 2023₹8.5t₹2.7t₹206.2b36.4x41.3x3.2x
Fri, 30 Jun 2023₹8.1t₹2.6t₹196.7b30.5x41.1x3.1x
Sun, 28 May 2023₹7.5t₹2.6t₹182.4b31.8x41.1x2.9x
Tue, 25 Apr 2023₹7.0t₹2.6t₹161.9b32.5x43.3x2.7x
Thu, 23 Mar 2023₹7.0t₹2.6t₹163.7b31.2x43x2.7x
Sat, 18 Feb 2023₹7.2t₹2.6t₹164.5b29.5x43.9x2.8x
Mon, 16 Jan 2023₹7.4t₹2.5t₹232.6b31.4x31.7x3x
Wed, 14 Dec 2022₹8.0t₹2.5t₹232.1b31.5x34.5x3.2x
Fri, 11 Nov 2022₹7.8t₹2.5t₹305.1b28.3x25.7x3.2x
Sun, 09 Oct 2022₹7.7t₹2.4t₹302.2b27.2x25.5x3.2x
Tue, 06 Sep 2022₹7.5t₹2.4t₹302.2b24.6x24.7x3.1x
Price to Earnings Ratio

24.7x


Total Market Cap: ₹7.5tTotal Earnings: ₹302.2bTotal Revenue: ₹2.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Telecom Sector Price to Earnings3Y Average 44.9x202320242025
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 30.1x which is lower than its 3-year average PE of 44.9x.
  • The 3-year average PS ratio of 4.1x is lower than the industry's current PS ratio of 5.0x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have grown 22% 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 Market-2.50%
Telecom-2.53%
Interactive Media and Services-2.00%
Wireless Telecom-2.42%
Media-2.70%
Entertainment-3.31%
Telecom Services and Carriers-3.37%
Industry PE
  • Investors are most optimistic about the Interactive Media and Services industry even though it's trading below its 3-year average PE ratio of 74.5x.
    • Analysts are expecting annual earnings growth of 14.5%, which is lower than the prior year's growth of 50.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Entertainment industry, expecting annual earnings growth of 40% over the next 5 years.
  • This is better than its past earnings growth rate of 7.0% per year.
  • In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 6.8% 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
540151 Diksat Transworld₹115.00408.8%
+₹8.1b
288.5%PE15639x
542727 City Pulse Multiventures₹2.84k5.3%
+₹1.5b
236.5%PE20546.3x
BALAJITELE Balaji Telefilms₹95.074.5%
+₹485.5m
35.7%PE13.9x
532275 Landmarc Leisure₹3.0021.0%
+₹416.0m
229.7%PE1169x
NAZARA Nazara Technologies₹1.16k0.4%
+₹379.8m
25.0%PE91.3x

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