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Indian (NIFTY) Alternative Carriers Industry Analysis

UpdatedAug 31, 2025
DataAggregated Company Financials
Companies3
  • 7D-7.4%
  • 3M-17.6%
  • 1Y-33.1%
  • YTDn/a

Over the last 7 days, the Alternative Carriers industry has dropped 7.4%, driven by RailTel Corporation of India declining 7.4%. Overall the industry is down 33% in 12 months. Looking forward, earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

Has the Indian Alternative Carriers Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 31 Aug 2025₹105.5b₹36.7b₹3.2b71.7x33.3x2.9x
Tue, 29 Jul 2025₹121.6b₹34.9b₹3.0b905.1x40.6x3.5x
Thu, 26 Jun 2025₹136.1b₹34.9b₹3.0b810.5x45.4x3.9x
Sat, 24 May 2025₹120.9b₹34.8b₹3.0b40.3x40.4x3.5x
Mon, 21 Apr 2025₹99.5b₹30.1b₹2.6b37.7x37.8x3.3x
Wed, 19 Mar 2025₹90.6b₹30.1b₹2.6b34.3x34.4x3x
Fri, 14 Feb 2025₹103.9b₹30.1b₹2.6b39.3x39.4x3.5x
Sun, 12 Jan 2025₹121.9b₹29.1b₹2.6b46.6x46.8x4.2x
Tue, 10 Dec 2024₹142.0b₹29.1b₹2.6b54.3x54.5x4.9x
Thu, 07 Nov 2024₹134.6b₹29.9b₹2.6b51.5x51.7x4.5x
Sat, 05 Oct 2024₹138.9b₹27.4b₹2.6b54x54.3x5.1x
Mon, 02 Sep 2024₹157.8b₹27.4b₹2.6b61.4x61.7x5.8x
Wed, 31 Jul 2024₹164.2b₹26.6b₹2.5b55.2x66.8x6.2x
Fri, 28 Jun 2024₹148.7b₹26.6b₹2.5b50.2x60.5x5.6x
Sun, 26 May 2024₹137.7b₹26.5b₹2.5b52.9x55.9x5.2x
Tue, 23 Apr 2024₹117.3b₹25.3b₹2.4b47.7x47.9x4.6x
Thu, 21 Mar 2024₹112.5b₹25.3b₹2.4b44.1x45.9x4.5x
Sat, 17 Feb 2024₹121.8b₹25.3b₹2.4b51.9x49.7x4.8x
Mon, 15 Jan 2024₹114.3b₹22.3b₹2.1b52.2x53.2x5.1x
Wed, 13 Dec 2023₹93.1b₹22.3b₹2.1b48.2x43.3x4.2x
Fri, 10 Nov 2023₹79.8b₹22.8b₹2.2b9.5x36.6x3.5x
Sun, 08 Oct 2023₹70.6b₹21.1b₹2.1b8.8x34.4x3.3x
Tue, 05 Sep 2023₹74.6b₹21.1b₹2.1b7.9x36.3x3.5x
Thu, 03 Aug 2023₹54.7b₹21.1b₹2.0b27x26.7x2.6x
Sat, 01 Jul 2023₹42.3b₹20.2b₹1.9b22.2x22x2.1x
Mon, 29 May 2023₹38.8b₹20.1b₹1.9b13.1x20.1x1.9x
Wed, 26 Apr 2023₹37.6b₹17.7b₹1.7b7.5x21.9x2.1x
Fri, 24 Mar 2023₹32.6b₹17.7b₹1.7b6.4x19x1.8x
Sun, 19 Feb 2023₹37.3b₹17.7b₹1.7b8.3x21.8x2.1x
Tue, 17 Jan 2023₹41.6b₹17.2b₹2.0b15.1x20.4x2.4x
Thu, 15 Dec 2022₹43.3b₹17.2b₹2.0b14.6x21.3x2.5x
Sat, 12 Nov 2022₹41.3b₹16.5b₹2.2b13x18.9x2.5x
Mon, 10 Oct 2022₹36.6b₹16.5b₹2.2b12.2x16.8x2.2x
Wed, 07 Sep 2022₹33.0b₹16.5b₹2.2b11.8x15.1x2x
Price to Earnings Ratio

15.1x


Total Market Cap: ₹33.0bTotal Earnings: ₹2.2bTotal Revenue: ₹16.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Alternative Carriers Industry Price to Earnings3Y Average 38.5x202320242025
Current Industry PE
    There are only 3 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 13% 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-2.24%
Telecom-2.54%
Telecom Services and Carriers-4.24%
Alternative Carriers-7.40%
Integrated Telecom Services-4.01%
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?

CompanyLast Price7D1YValuation
VIVO Vivo Collaboration Solutions₹67.205.0%
+₹6.4m
-5.6%PS3.4x
532354 Virgo Global₹5.088.1%
+₹4.0m
-49.2%PE110.3x