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Indian (NIFTY) Telecom Services and Carriers Industry Analysis

UpdatedFeb 01, 2025
DataAggregated Company Financials
Companies9
  • 7D-2.8%
  • 3M-4.6%
  • 1Y24.1%
  • YTD-2.5%

Over the last 7 days, the Telecom Services and Carriers industry has dropped 4.9%, driven by Indus Towers declining 5.6%. In contrast, RailTel Corporation of India has gained 5.9%. In the past year, the industry has gained 20%. As for the next few years, earnings are expected to grow by 7.5% per annum.

Industry Valuation and Performance

Has the Indian Telecom Services and Carriers Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 01 Feb 2025₹1.7t₹607.6b₹117.5b38x14.2x2.7x
Mon, 30 Dec 2024₹1.7t₹600.9b₹91.4b44.5x18.2x2.8x
Wed, 27 Nov 2024₹1.7t₹600.9b₹91.4b47.7x19x2.9x
Fri, 25 Oct 2024₹1.8t₹598.1b₹91.3b51.3x19.2x2.9x
Sun, 22 Sep 2024₹2.0t₹586.1b₹81.9b60.4x24.4x3.4x
Tue, 20 Aug 2024₹2.0t₹586.1b₹81.9b53.2x24.8x3.5x
Thu, 18 Jul 2024₹2.0t₹571.0b₹76.0b47.4x26.1x3.5x
Sat, 15 Jun 2024₹1.8t₹571.0b₹76.0b39.5x23.2x3.1x
Mon, 13 May 2024₹1.6t₹570.2b₹75.9b42.1x21.7x2.9x
Wed, 10 Apr 2024₹1.7t₹554.3b₹71.0b44.1x24.3x3.1x
Fri, 08 Mar 2024₹1.5t₹554.3b₹71.0b50.6x21.7x2.8x
Sun, 04 Feb 2024₹1.3t₹553.9b₹71.0b49.7x19x2.4x
Tue, 02 Jan 2024₹1.3t₹536.3b₹51.8b38.8x24.9x2.4x
Thu, 30 Nov 2023₹1.2t₹535.9b₹51.8b36.9x22.8x2.2x
Sat, 28 Oct 2023₹1.1t₹535.6b₹51.8b31.1x20.6x2x
Mon, 25 Sep 2023₹1.2t₹538.1b₹50.7b29x23.8x2.2x
Wed, 23 Aug 2023₹1.1t₹538.1b₹50.7b23.6x21.6x2x
Fri, 21 Jul 2023₹1.0t₹535.5b₹41.7b28.9x25.2x2x
Sun, 18 Jun 2023₹1.0t₹531.3b₹43.3b26.8x24.1x2x
Tue, 16 May 2023₹896.9b₹528.8b₹43.1b19.9x20.8x1.7x
Thu, 13 Apr 2023₹858.2b₹526.4b₹47.7b19.6x18x1.6x
Sat, 11 Mar 2023₹890.5b₹526.4b₹47.7b18.7x18.7x1.7x
Mon, 06 Feb 2023₹866.8b₹525.3b₹47.7b19x18.2x1.7x
Wed, 04 Jan 2023₹1.0t₹524.4b₹70.7b20.4x14.7x2x
Fri, 02 Dec 2022₹1.1t₹524.4b₹70.7b20.1x15.1x2x
Sun, 30 Oct 2022₹1.0t₹523.7b₹70.8b17.8x14.2x1.9x
Tue, 27 Sep 2022₹952.7b₹509.7b₹76.6b15.7x12.4x1.9x
Thu, 25 Aug 2022₹997.7b₹509.7b₹76.6b14.3x13x2x
Sat, 23 Jul 2022₹1.0t₹340.1b₹86.3b14.9x12x3.1x
Mon, 20 Jun 2022₹918.8b₹507.3b₹83.8b14.1x11x1.8x
Wed, 18 May 2022₹946.4b₹507.0b₹83.5b17.7x11.3x1.9x
Fri, 15 Apr 2022₹730.7b₹335.6b₹64.3b16.1x11.4x2.2x
Sun, 13 Mar 2022₹707.5b₹335.6b₹64.3b13.1x11x2.1x
Tue, 08 Feb 2022₹829.7b₹335.5b₹64.3b17.7x12.9x2.5x
Price to Earnings Ratio

12.9x


Total Market Cap: ₹829.7bTotal Earnings: ₹64.3bTotal Revenue: ₹335.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Telecom Services and Carriers Industry Price to Earnings3Y Average 19x202320242025
Current Industry PE
  • Investors are pessimistic on the Indian Telecom 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 14.0x which is lower than its 3-year average PE of 19.0x.
  • The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 2.7x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have grown 22% per year over the last three years.
  • Revenues for these companies have grown 22% 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 industry?

IN Market0.93%
Telecom-0.99%
Telecom Services and Carriers-2.81%
Alternative Carriers5.85%
Integrated Telecom Services-3.48%
Industry PE
  • Investors are most optimistic about the Alternative Carriers industry which is trading above its 3-year average PE ratio of 34.0x.
    • Analysts are expecting annual earnings growth of 23.1%, which is higher than its past year's earnings growth of 7.8% per year.
  • Investors are most pessimistic about the Integrated Telecom Services industry, which is trading below its 3-year average of 18.5x.
Forecasted Growth
  • Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 23% over the next 5 years.
  • This is better than its past earnings growth rate of 7.8% per year.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 6.1% 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
RAILTEL RailTel Corporation of India₹406.605.9%
+₹7.2b
-3.0%PE49.4x
TATACOMM Tata Communications₹1.63k0.2%
+₹1.0b
-3.9%PE43.8x
KDL Kore Digital₹509.808.7%
+₹491.8m
45.6%PE38.5x
500108 Mahanagar Telephone Nigam₹46.220.8%
+₹239.4m
2.6%PS3.7x
531126 Kati Patang Lifestyle₹26.4210.2%
+₹84.3m
n/an/a
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Latest News

500108

₹46.22

Mahanagar Telephone Nigam

7D

0.8%

1Y

2.6%

INDUSTOWER

₹347.20

Indus Towers

7D

-5.6%

1Y

60.6%

GTLINFRA

₹1.86

GTL Infrastructure

7D

-0.5%

1Y

-4.6%

RAILTEL

₹406.60

RailTel Corporation of India

7D

5.9%

1Y

-3.0%

532371

₹71.78

Tata Teleservices (Maharashtra)

7D

-3.4%

1Y

-22.3%

HFCL

₹98.03

HFCL

7D

-1.1%

1Y

1.3%

VIVO

₹76.20

Vivo Collaboration Solutions

7D

-9.7%

1Y

-19.4%

KDL

₹509.80

Kore Digital

7D

8.7%

1Y

45.6%

SARTELE

₹207.70

SAR Televenture

7D

-9.1%

1Y

-27.6%

511116

₹0.54

Quadrant Televentures

7D

-19.4%

1Y

-60.0%

532354

₹7.56

Virgo Global

7D

9.4%

1Y

-14.2%

543622

₹154.00

Steelman Telecom

7D

-1.3%

1Y

-4.7%