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Indian (NIFTY) Alternative Carriers Industry Analysis
UpdatedApr 03, 2026
DataAggregated Company Financials
Companies2
- 7D-1.9%
- 3M-29.9%
- 1Y-15.4%
- YTDn/a
Over the last 7 days, the Alternative Carriers industry has dropped 4.0%, driven by a pullback from RailTel Corporation of India of 4.1%. Overall the industry is down 14% in 12 months. Earnings are forecast to grow by 18% annually.
Industry Valuation and Performance
Has the Indian Alternative Carriers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 03 Apr 2026 | ₹84.7b | ₹39.2b | ₹3.1b | 26.6x | 27x | 2.2x |
| Sun, 01 Mar 2026 | ₹100.8b | ₹39.2b | ₹3.1b | 31.7x | 32.1x | 2.6x |
| Tue, 27 Jan 2026 | ₹105.5b | ₹37.7b | ₹3.2b | 32.8x | 33.3x | 2.8x |
| Thu, 25 Dec 2025 | ₹114.7b | ₹37.7b | ₹3.2b | 35.7x | 36.2x | 3x |
| Sat, 22 Nov 2025 | ₹110.0b | ₹37.7b | ₹3.2b | 34.3x | 34.7x | 2.9x |
| Mon, 20 Oct 2025 | ₹118.3b | ₹36.7b | ₹3.2b | 37.2x | 37.4x | 3.2x |
| Wed, 17 Sep 2025 | ₹127.5b | ₹36.7b | ₹3.2b | 40.2x | 40.2x | 3.5x |
| Fri, 15 Aug 2025 | ₹111.5b | ₹36.7b | ₹3.2b | 765.6x | 35.2x | 3x |
| Sun, 13 Jul 2025 | ₹132.1b | ₹34.9b | ₹3.0b | 1024.7x | 44.1x | 3.8x |
| Tue, 10 Jun 2025 | ₹147.1b | ₹34.9b | ₹3.0b | 804.4x | 49.1x | 4.2x |
| Thu, 08 May 2025 | ₹98.9b | ₹34.8b | ₹3.0b | 32.9x | 33x | 2.8x |
| Sat, 05 Apr 2025 | ₹95.6b | ₹30.1b | ₹2.6b | 36.2x | 36.3x | 3.2x |
| Mon, 03 Mar 2025 | ₹90.4b | ₹30.1b | ₹2.6b | 34.2x | 34.3x | 3x |
| Wed, 29 Jan 2025 | ₹112.9b | ₹30.2b | ₹2.6b | 42.7x | 42.9x | 3.7x |
| Fri, 27 Dec 2024 | ₹129.0b | ₹29.1b | ₹2.6b | 49.4x | 49.5x | 4.4x |
| Sun, 24 Nov 2024 | ₹117.2b | ₹29.1b | ₹2.6b | 44.9x | 45x | 4x |
| Tue, 22 Oct 2024 | ₹131.9b | ₹27.4b | ₹2.6b | 51.3x | 51.6x | 4.8x |
| Thu, 19 Sep 2024 | ₹149.3b | ₹27.4b | ₹2.6b | 58.1x | 58.4x | 5.4x |
| Sat, 17 Aug 2024 | ₹152.8b | ₹27.5b | ₹2.6b | 55.8x | 59.7x | 5.6x |
| Mon, 15 Jul 2024 | ₹191.8b | ₹26.6b | ₹2.5b | 58.6x | 78x | 7.2x |
| Wed, 12 Jun 2024 | ₹123.6b | ₹26.6b | ₹2.5b | 41x | 50.3x | 4.6x |
| Fri, 10 May 2024 | ₹115.6b | ₹26.5b | ₹2.5b | 49.4x | 46.9x | 4.4x |
| Sun, 07 Apr 2024 | ₹127.2b | ₹25.3b | ₹2.4b | 47.5x | 51.9x | 5x |
| Tue, 05 Mar 2024 | ₹141.7b | ₹25.3b | ₹2.4b | 54.8x | 57.9x | 5.6x |
| Thu, 01 Feb 2024 | ₹140.6b | ₹24.5b | ₹2.5b | 54.6x | 57.4x | 5.7x |
| Sat, 30 Dec 2023 | ₹108.7b | ₹22.3b | ₹2.1b | 51.2x | 50.6x | 4.9x |
| Mon, 27 Nov 2023 | ₹92.3b | ₹22.3b | ₹2.1b | 46.8x | 43x | 4.1x |
| Wed, 25 Oct 2023 | ₹69.5b | ₹21.1b | ₹2.1b | 8.7x | 33.8x | 3.3x |
| Fri, 22 Sep 2023 | ₹68.1b | ₹21.1b | ₹2.1b | 10.6x | 33.1x | 3.2x |
| Sun, 20 Aug 2023 | ₹54.5b | ₹21.1b | ₹2.1b | 8.8x | 26.5x | 2.6x |
| Tue, 18 Jul 2023 | ₹45.7b | ₹20.2b | ₹1.9b | 23.9x | 23.8x | 2.3x |
| Thu, 15 Jun 2023 | ₹42.8b | ₹20.2b | ₹1.9b | 22.4x | 22.3x | 2.1x |
| Sat, 13 May 2023 | ₹39.5b | ₹17.7b | ₹1.7b | 10.9x | 23.1x | 2.2x |
| Mon, 10 Apr 2023 | ₹33.9b | ₹17.7b | ₹1.7b | 7.5x | 19.8x | 1.9x |
Price to Earnings Ratio
19.8x
Current Industry PE
- There are only 2 companies in the Indian Alternative Carriers industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Alternative Carriers industry have grown 22% per year over the last three years.
- Revenues for these companies have grown 30% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Alternative Carriers compare with similar industries?
| IN Market | -2.08% | |
| Telecom | -2.17% | |
| Telecom Services and Carriers | -1.52% | |
| Alternative Carriers | -1.95% | |
| Integrated Telecom Services | -1.50% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| RAILTEL RailTel Corporation of India | ₹263.55 | 1.2% +₹978.9m | -11.4% | PE26.6x |