Telecommunication

Sector overview

Total Companies: 26
Total Market Cap (₹ Cr): 16,91,011
Top 3 Market Cap (₹ Cr): 14,07,728
Sector Concentration: 83.25%
Weighted P/E: 40.34
Weighted P/B: 6.60
Avg Dividend Yield: 0.42%
Avg Qtrly Profit Growth (YoY): 174.97%
Avg Qtrly Sales Growth (YoY): —
Avg Sector ROE: 6.95%
Avg Sector ROCE: 12.09%
Avg Debt to Equity: -0.16
Broad Industries: 5
Sub Industries: 7

AI Sector View

AI GENERATED

Hold

Telecom subscriber base 11.0% YoY (2026-06)Broadband subscriber base 11.0% YoY (2026-06)

Telecom operating proxies are steady, with telecom subscriber base up 11.0% YoY (2026-06) and broadband subscriber base also up 11.0% YoY (2026-06). However, persistent FPI outflows of INR -11055 crore over 3 months to 2026-08-31 suggest weak investor appetite. That combination supports a neutral rather than positive stance.

Confidence

58%

Telecommunication vs Nifty

Telecommunication

Nifty Benchmark

Sub Industries

7 sub-industries

S.No.
1.	Cable	1	1	46,260	46,260	100%	100%	190.40	4.06	40.92	4.06	190.40	4.06	74	0.78	1	2.70%	2.70%	8.40%	0.78	12.21%	—	0.82	72.77	—	0%	0%	1,870%	—
2.	Engineering - Construction	1	1	3,321	3,321	100%	100%	14	0.29	25.55	0.29	14	0.29	3,358	0.30	1	5.60%	5.60%	8.50%	0.30	5.75%	—	0.45	192.24	—	6.29%	0.21%	-87.03%	—
3.	IT - Software	1	1	3,110	3,110	100%	100%	12.50	0.96	23.66	0.96	12.50	0.96	446	0.01	1	10%	10%	13%	0.01	11.07%	—	1.20	76.27	—	23.05%	2.23%	16.95%	—
4.	Telecom-Infrastructure	7	7	43,700	40,928	93.66%	93.66%	52.19	1.95	10.44	1.96	11.40	1.88	148.83	0.02	1	10.29%	10.29%	15.39%	0.02	15.82%	—	0.63	105.50	—	2.22%	0.03%	-237.84%	—
5.	Telecommunication - Equipment	2	2	35,093	35,093	100%	100%	68.98	11.64	62.93	8.83	95.90	8.83	83.50	1.12	1	-20.30%	-20.30%	-7.30%	1.12	-35.08%	—	0.23	799.52	—	1.65%	0%	-22.94%	—
6.	Telecommunication - Service Provider	13	13	15,54,406	14,07,728	90.56%	90.56%	34.90	6.72	39.45	3.81	39.50	2.60	0.30	-0.61	1	9.12%	9.12%	13.48%	-0.61	2.56%	—	0.59	54.52	—	16.34%	0.64%	265.66%	—
7.	Trading	1	1	5,121	5,121	100%	100%	70.50	6.42	58.64	6.42	70.50	6.42	100	0.30	1	12.50%	12.50%	16.10%	0.30	3.99%	—	1.31	104.41	—	10.33%	0%	40%	—

Stocks in this sector

S.No.	Name
1.	Route Mobile Ltd.	IT	IT - Software	3,110	494	12.50	0.96	446	2.23%	13%	10%	10

Telecommunication vs Nifty

Telecommunication

AI Sector View

Telecommunication vs Nifty

Sub Industries

Stocks in this sector

Headlines

Headlines

Stocks in this sector

Sub Industries

Telecommunication

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