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Indian (NIFTY) Telecom Services and Carriers Industry Analysis

UpdatedApr 17, 2024
DataAggregated Company Financials
Companies9
  • 7D-1.3%
  • 3M31.4%
  • 1Y102.3%
  • YTD32.2%

Over the last 7 days, the Telecom Services and Carriers industry has dropped 1.3%, driven by Tata Communications declining 4.4%. This takes the industry's 12 month performance to a gain of 102%. As for the next few years, earnings are expected to grow by 19% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 18 Apr 2024₹1.7t₹554.3b₹71.0b43.2x24x3.1x
Sat, 16 Mar 2024₹1.5t₹554.3b₹71.0b46x20.7x2.7x
Mon, 12 Feb 2024₹1.4t₹553.5b₹71.0b51.6x19.6x2.5x
Wed, 10 Jan 2024₹1.3t₹536.3b₹51.8b43.6x25.3x2.4x
Fri, 08 Dec 2023₹1.2t₹536.3b₹51.8b36.1x23.3x2.3x
Sun, 05 Nov 2023₹1.2t₹535.6b₹51.9b26.1x22.5x2.2x
Tue, 03 Oct 2023₹1.3t₹538.1b₹50.7b28.8x24.7x2.3x
Thu, 31 Aug 2023₹1.2t₹538.1b₹50.7b27.3x23x2.2x
Sat, 29 Jul 2023₹1.1t₹537.8b₹50.7b26.4x22x2.1x
Mon, 26 Jun 2023₹1.0t₹531.3b₹43.3b24.6x23.4x1.9x
Wed, 24 May 2023₹875.1b₹531.1b₹43.3b19.7x20.2x1.6x
Fri, 21 Apr 2023₹842.6b₹533.1b₹47.3b19.6x17.8x1.6x
Sun, 19 Mar 2023₹864.7b₹526.4b₹47.7b18.4x18.1x1.6x
Tue, 14 Feb 2023₹924.8b₹525.4b₹47.7b18.5x19.4x1.8x
Thu, 12 Jan 2023₹1.0t₹524.4b₹70.7b19.8x14.7x2x
Sat, 10 Dec 2022₹1.0t₹524.4b₹70.7b19.7x14.8x2x
Mon, 07 Nov 2022₹1.0t₹523.7b₹70.8b18.7x14.6x2x
Wed, 05 Oct 2022₹1.0t₹509.7b₹76.6b16x13.3x2x
Fri, 02 Sep 2022₹1.0t₹509.7b₹76.6b15.4x13.5x2x
Sun, 31 Jul 2022₹1.0t₹507.8b₹85.9b15x11.9x2x
Tue, 28 Jun 2022₹943.8b₹507.3b₹83.8b14.3x11.3x1.9x
Thu, 26 May 2022₹922.6b₹507.0b₹83.5b17.4x11x1.8x
Sat, 23 Apr 2022₹723.4b₹335.6b₹64.3b16.1x11.3x2.2x
Mon, 21 Mar 2022₹711.0b₹335.6b₹64.3b13.4x11.1x2.1x
Wed, 16 Feb 2022₹835.5b₹335.5b₹64.3b15.9x13x2.5x
Fri, 14 Jan 2022₹898.9b₹307.3b₹58.4b20.4x15.4x2.9x
Sun, 12 Dec 2021₹887.7b₹307.3b₹58.4b21.2x15.2x2.9x
Tue, 09 Nov 2021₹922.8b₹306.5b₹58.0b27x15.9x3x
Thu, 07 Oct 2021₹988.2b₹254.8b₹49.4b29.1x20x3.9x
Sat, 04 Sep 2021₹738.4b₹254.9b₹49.4b28.2x14.9x2.9x
Mon, 02 Aug 2021₹741.7b₹254.9b₹49.4b30.4x15x2.9x
Thu, 06 May 2021₹755.2b₹197.7b₹41.6b21.2x18.2x3.8x
Price to Earnings Ratio

18.2x


Total Market Cap: ₹755.2bTotal Earnings: ₹41.6bTotal Revenue: ₹197.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Telecom Services and Carriers Industry Price to Earnings3Y Average 17.4x202220232024
Current Industry PE
  • Investors are optimistic on the Indian Telecom industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 24.0x which is higher than its 3-year average PE of 17.4x.
  • The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 3.1x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have grown 20% per year over the last three years.
  • Revenues for these companies have grown 41% 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-1.45%
Telecom1.18%
Telecom Services and Carriers-1.28%
Integrated Telecom Services-0.98%
Alternative Carriers-5.11%
Industry PE
  • Investors are most optimistic about the Alternative Carriers industry which is trading above its 3-year average PE ratio of 26.5x.
    • Analysts are expecting annual earnings growth of 20.2%, which is higher than its past year's earnings decline of 20.7% per year.
  • Investors are most pessimistic about the Integrated Telecom Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 17.1x.
Forecasted Growth
  • Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 20% over the next 5 years.
  • This is better than its past earnings decline of 21% per year.
  • In contrast, the Integrated Telecom Services 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?

CompanyLast Price7D1YValuation
INDUSTOWER Indus Towers₹332.501.8%
+₹15.6b		143.1%PE16x
KDL Kore Digital₹835.501.1%
+₹32.7m		n/aPE38.3x
532354 Virgo Global₹9.5010.6%
+₹9.6m		14.2%PS0.1x
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Latest News

TATACOMM

₹1,883.75

Tata Communications

7D

-4.4%

1Y

57.9%

500108

₹34.83

Mahanagar Telephone Nigam

7D

-8.3%

1Y

79.6%

RAILTEL

₹367.00

RailTel Corporation of India

7D

-4.2%

1Y

244.1%

RailTel Corporation of India Limited (NSE:RAILTEL) Investors Are Less Pessimistic Than Expected

Apr 13
RailTel Corporation of India Limited (NSE:RAILTEL) Investors Are Less Pessimistic Than Expected

INDUSTOWER

₹332.50

Indus Towers

7D

1.8%

1Y

143.1%

KDL

₹835.50

Kore Digital

7D

1.1%

1Y

n/a

HFCL

₹94.15

HFCL

7D

-2.4%

1Y

53.8%

HFCL Limited's (NSE:HFCL) Shareholders Might Be Looking For Exit

Mar 28
HFCL Limited's (NSE:HFCL) Shareholders Might Be Looking For Exit

SARTELE

₹200.65

SAR Televenture

7D

-6.1%

1Y

n/a

GTLINFRA

₹1.70

GTL Infrastructure

7D

-2.9%

1Y

112.5%

Revenues Working Against GTL Infrastructure Limited's (NSE:GTLINFRA) Share Price Following 27% Dive

Mar 21
Revenues Working Against GTL Infrastructure Limited's (NSE:GTLINFRA) Share Price Following 27% Dive

532354

₹9.50

Virgo Global

7D

10.6%

1Y

14.2%

511116

₹1.62

Quadrant Televentures

7D

-5.3%

1Y

52.8%

532371

₹76.52

Tata Teleservices (Maharashtra)

7D

-5.5%

1Y

24.3%