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Indian (NIFTY) Communications Equipment Industry Analysis

UpdatedMay 09, 2024
DataAggregated Company Financials
Companies19
  • 7D-5.0%
  • 3M-0.6%
  • 1Y76.6%
  • YTDn/a

Over the last 7 days, the Communications Equipment industry has dropped 5.0%, driven by ITI declining 9.2%. In contrast, Smartlink Holdings has gained 18%. In the past year, the industry has gained 77%. As for the next few years, earnings are expected to grow by 63% per annum.

Industry Valuation and Performance

Has the Indian Communications Equipment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 09 May 2024₹692.5b₹172.4b₹2.8b50.4x251x4x
Sat, 06 Apr 2024₹609.2b₹164.0b₹1.1b42.1x531x3.7x
Mon, 04 Mar 2024₹629.4b₹164.0b₹1.1b44.9x549.8x3.8x
Wed, 31 Jan 2024₹664.8b₹159.6b₹845.7m34x786x4.2x
Fri, 29 Dec 2023₹647.4b₹161.2b₹2.2b23.5x299.8x4x
Sun, 26 Nov 2023₹625.8b₹161.5b₹2.2b24.6x284.4x3.9x
Tue, 24 Oct 2023₹592.6b₹159.7b₹2.4b23.4x248.1x3.7x
Thu, 21 Sep 2023₹511.1b₹158.0b₹2.5b24.9x206.8x3.2x
Sat, 19 Aug 2023₹426.7b₹158.0b₹2.4b24.3x174.3x2.7x
Mon, 17 Jul 2023₹421.1b₹151.3b₹2.3b36.7x184x2.8x
Wed, 14 Jun 2023₹388.3b₹153.3b₹2.2b24.7x172.9x2.5x
Fri, 12 May 2023₹374.8b₹143.4b₹4.0b39x92.6x2.6x
Sun, 09 Apr 2023₹331.8b₹140.5b₹3.7b32.4x90.7x2.4x
Tue, 07 Mar 2023₹336.0b₹140.5b₹3.7b31.4x91.9x2.4x
Thu, 02 Feb 2023₹326.4b₹133.2b₹3.1b29.8x105x2.5x
Sat, 31 Dec 2022₹341.1b₹127.3b₹1.1b28.4x321.7x2.7x
Mon, 28 Nov 2022₹362.3b₹127.3b₹1.0b29.1x345.2x2.8x
Wed, 26 Oct 2022₹352.7b₹123.5b₹2.1b25.7x166x2.9x
Fri, 23 Sep 2022₹353.5b₹121.5b₹2.0b23.8x177.5x2.9x
Sun, 21 Aug 2022₹323.2b₹121.5b₹2.0b22.4x162.4x2.7x
Tue, 19 Jul 2022₹300.3b₹119.3b₹4.7b23.5x63.6x2.5x
Thu, 16 Jun 2022₹276.3b₹119.3b₹4.7b28.1x58.5x2.3x
Sat, 14 May 2022₹258.8b₹121.8b₹3.8b18.4x68.3x2.1x
Mon, 11 Apr 2022₹337.7b₹120.9b₹6.2b27.9x54.9x2.8x
Wed, 09 Mar 2022₹256.6b₹120.9b₹6.2b18.6x41.7x2.1x
Fri, 04 Feb 2022₹316.6b₹124.1b₹6.9b27.8x45.6x2.6x
Sun, 02 Jan 2022₹337.1b₹123.7b₹9.5b26.8x35.3x2.7x
Tue, 30 Nov 2021₹317.5b₹123.7b₹9.5b20.9x33.3x2.6x
Thu, 28 Oct 2021₹340.0b₹121.9b₹8.6b26.8x39.4x2.8x
Sat, 25 Sep 2021₹330.8b₹118.0b₹8.2b28.2x40.2x2.8x
Mon, 23 Aug 2021₹282.8b₹117.9b₹8.2b24.2x34.5x2.4x
Sat, 10 Jul 2021₹293.8b₹117.9b₹8.2b28.7x35.9x2.5x
Price to Earnings Ratio

43.5x


Total Market Cap: ₹268.1bTotal Earnings: ₹6.2bTotal Revenue: ₹110.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Communications Equipment Industry Price to Earnings3Y Average 171x202220232024
Current Industry PE
  • Investors are optimistic on the Indian Communications Equipment industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 251x which is higher than its 3-year average PE of 171x.
  • The 3-year average PS ratio of 2.9x is lower than the industry's current PS ratio of 4.0x.
Past Earnings Growth
  • The earnings for companies in the Communications Equipment industry have declined 24% per year over the last three years.
  • Meanwhile revenues for these companies have grown 16% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Indian Communications Equipment compare with similar industries?

IN Market-1.48%
Tech0.62%
Communications-4.98%
Communications Equipment-4.98%
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
SMARTLINK Smartlink Holdings₹230.2517.6%
+₹343.6m		50.1%PE2251.7x
FROG Frog Cellsat₹196.955.1%
+₹146.8m		11.8%PE25x
590041 Kavveri Telecom Products₹19.1015.3%
+₹51.1m		258.3%PE1.2x
532975 Telogica₹18.951.9%
+₹8.4m		232.5%PE23.3x
500346 Punjab Communications₹51.840.5%
+₹2.9m		73.3%PS5x
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Latest News

532374

₹116.70

Sterlite Technologies

7D

-16.5%

1Y

-29.5%

VINDHYATEL

₹2,350.35

Vindhya Telelinks

7D

-7.2%

1Y

15.4%

BIRLACABLE

₹248.30

Birla Cable

7D

-8.7%

1Y

63.5%

TEJASNET

₹1,079.70

Tejas Networks

7D

-2.9%

1Y

60.9%

532406

₹107.10

Avantel

7D

-6.5%

1Y

220.7%

504112

₹725.15

Nelco

7D

-4.8%

1Y

16.6%

SMARTLINK

₹230.25

Smartlink Holdings

7D

17.6%

1Y

50.1%

Smartlink Holdings Limited's (NSE:SMARTLINK) Share Price Boosted 25% But Its Business Prospects Need A Lift Too

Apr 24
Smartlink Holdings Limited's (NSE:SMARTLINK) Share Price Boosted 25% But Its Business Prospects Need A Lift Too

FROG

₹196.95

Frog Cellsat

7D

5.1%

1Y

11.8%

Improved Earnings Required Before Frog Cellsat Limited (NSE:FROG) Stock's 27% Jump Looks Justified

Apr 13
Improved Earnings Required Before Frog Cellsat Limited (NSE:FROG) Stock's 27% Jump Looks Justified

532493

₹635.75

Astra Microwave Products

7D

-7.7%

1Y

97.7%

532975

₹18.95

Telogica

7D

1.9%

1Y

232.5%

590041

₹19.10

Kavveri Telecom Products

7D

15.3%

1Y

258.3%

500346

₹51.84

Punjab Communications

7D

0.5%

1Y

73.3%

523610

₹276.60

ITI

7D

-9.2%

1Y

158.1%