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Indian (NIFTY) Telecom Services and Carriers Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies9
- 7D-5.7%
- 3M-15.4%
- 1Y39.8%
- YTD31.5%
Over the last 7 days, the Telecom Services and Carriers industry has dropped 2.1%, driven by pullbacks in Tata Communications and Indus Towers of 7.1% and 3.7%, respectively. Over the past 12 months, the industry was up 45%. Earnings are forecast to grow by 16% annually.
Industry Valuation and Performance
Has the Indian Telecom Services and Carriers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | ₹1.7t | ₹600.9b | ₹91.4b | 43.6x | 18.5x | 2.8x |
| Mon, 18 Nov 2024 | ₹1.7t | ₹600.8b | ₹91.3b | 50.9x | 18.2x | 2.8x |
| Wed, 16 Oct 2024 | ₹1.9t | ₹586.1b | ₹81.9b | 53.8x | 23.4x | 3.3x |
| Fri, 13 Sep 2024 | ₹2.1t | ₹586.1b | ₹81.9b | 60.7x | 25.8x | 3.6x |
| Sun, 11 Aug 2024 | ₹2.0t | ₹585.6b | ₹81.9b | 54.1x | 24.6x | 3.4x |
| Tue, 09 Jul 2024 | ₹1.9t | ₹571.0b | ₹76.0b | 49.8x | 25.5x | 3.4x |
| Thu, 06 Jun 2024 | ₹1.6t | ₹571.1b | ₹76.0b | 29x | 21.7x | 2.9x |
| Sat, 04 May 2024 | ₹1.7t | ₹571.8b | ₹75.5b | 49.8x | 22.7x | 3x |
| Mon, 01 Apr 2024 | ₹1.6t | ₹554.3b | ₹71.0b | 45.4x | 22.7x | 2.9x |
| Wed, 28 Feb 2024 | ₹1.5t | ₹554.3b | ₹71.0b | 55.6x | 21.3x | 2.7x |
| Fri, 26 Jan 2024 | ₹1.4t | ₹554.3b | ₹71.2b | 50.3x | 19.6x | 2.5x |
| Sun, 24 Dec 2023 | ₹1.2t | ₹536.3b | ₹51.8b | 37.3x | 23.4x | 2.3x |
| Tue, 21 Nov 2023 | ₹1.2t | ₹535.9b | ₹51.8b | 37.1x | 23.1x | 2.2x |
| Thu, 19 Oct 2023 | ₹1.2t | ₹538.1b | ₹50.7b | 32x | 23.6x | 2.2x |
| Sat, 16 Sep 2023 | ₹1.2t | ₹538.1b | ₹50.7b | 27.7x | 24.2x | 2.3x |
| Mon, 14 Aug 2023 | ₹1.1t | ₹538.1b | ₹50.7b | 28.3x | 21.6x | 2x |
| Wed, 12 Jul 2023 | ₹1.0t | ₹531.3b | ₹43.3b | 28x | 24.2x | 2x |
| Fri, 09 Jun 2023 | ₹965.3b | ₹531.2b | ₹43.3b | 22.4x | 22.3x | 1.8x |
| Sun, 07 May 2023 | ₹893.9b | ₹525.8b | ₹43.0b | 20.1x | 20.8x | 1.7x |
| Tue, 04 Apr 2023 | ₹862.3b | ₹526.4b | ₹47.7b | 19.4x | 18.1x | 1.6x |
| Thu, 02 Mar 2023 | ₹933.2b | ₹526.4b | ₹47.7b | 18.7x | 19.6x | 1.8x |
| Sat, 28 Jan 2023 | ₹861.2b | ₹524.9b | ₹48.0b | 19.2x | 17.9x | 1.6x |
| Mon, 26 Dec 2022 | ₹985.6b | ₹524.4b | ₹70.7b | 18.3x | 13.9x | 1.9x |
| Wed, 23 Nov 2022 | ₹1.1t | ₹524.4b | ₹70.7b | 20x | 15x | 2x |
| Fri, 21 Oct 2022 | ₹1.0t | ₹512.8b | ₹77.7b | 15.9x | 13x | 2x |
| Sun, 18 Sep 2022 | ₹1.0t | ₹509.7b | ₹76.6b | 15.7x | 13.5x | 2x |
| Tue, 16 Aug 2022 | ₹976.4b | ₹509.7b | ₹76.6b | 12.3x | 12.7x | 1.9x |
| Thu, 14 Jul 2022 | ₹1.0t | ₹507.3b | ₹83.8b | 14.5x | 11.9x | 2x |
| Sat, 11 Jun 2022 | ₹946.9b | ₹507.3b | ₹83.8b | 14.9x | 11.3x | 1.9x |
| Mon, 09 May 2022 | ₹957.7b | ₹507.0b | ₹83.5b | 17.9x | 11.5x | 1.9x |
| Wed, 06 Apr 2022 | ₹739.7b | ₹335.6b | ₹64.3b | 14.2x | 11.5x | 2.2x |
| Fri, 04 Mar 2022 | ₹698.8b | ₹335.6b | ₹64.3b | 14x | 10.9x | 2.1x |
| Sun, 30 Jan 2022 | ₹831.2b | ₹336.7b | ₹64.3b | 19.5x | 12.9x | 2.5x |
| Tue, 28 Dec 2021 | ₹815.0b | ₹307.3b | ₹58.4b | 20x | 14x | 2.7x |
Price to Earnings Ratio
14x
Current Industry PE
- Investors are relatively neutral on the Indian Telecom industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 18.9x.
- The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 2.9x.
Past Earnings Growth
- The earnings for companies in the Telecom industry have grown 16% per year over the last three years.
- Revenues for these companies have grown 25% 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 Market | -4.25% | |
| Telecom | -5.05% | |
| Telecom Services and Carriers | -5.67% | |
| Integrated Telecom Services | -5.38% | |
| Alternative Carriers | -9.11% | |
Industry PE
- Investors are most optimistic about the Alternative Carriers industry which is trading above its 3-year average PE ratio of 32.9x.
- Analysts expect its future annual earnings growth (21.9%) to be largely in line with prior year's earnings growth.
- Investors are most pessimistic about the Integrated Telecom Services industry, which is trading close to its 3-year average of 18.4x.
Forecasted Growth
- Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 22% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 15% 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 | |
|---|---|---|---|---|---|
| KDL Kore Digital | ₹1.75k | 3.3% +₹221.4m | 274.7% | PE44x | |
| 543622 Steelman Telecom | ₹167.50 | 13.4% +₹191.6m | -7.5% | PS0.7x | |
| 531126 VirtualSoft Systems | ₹10.89 | 27.2% +₹80.2m | n/a | n/a | |
| VIVO Vivo Collaboration Solutions | ₹80.95 | 0.2% +₹403.0k | -6.0% | PS4.1x | |
| 532354 Virgo Global | ₹7.45 | 0.3% +₹210.1k | -12.1% | PS0.2x |
