अApnaFunda

Electronic Technology

How Electronic Technology sector is valued, where its profits sit and how widely its strength is spread across 86 listed companies.

86 companies · ₹15.30L cr combined market cap · prices to 9 Nov

Sector performanceall companies, weighted by market cap
3M−6.7%
1Y+7.6%
3Y p.a.+36.7%
Vol.22.6%
Max fall-40%
Valuation and qualitymedian company, change vs a year ago
Median P/E55.3x+0.7x
Aggregate P/E46.8x−7.7x
Median ROE12.3%+0.6 pp
Median ROCE15.0%−0.5 pp
Median D/E0.2x0.0x

Where Electronic Technology sits in the rotation

Twelve months of earnings momentum against price strength relative to the market.

Nov 2026Earnings ahead of priceEarnings +3Price vs market −1.8 pp
StrengthPrice aheadEarnings aheadWeaknessEarnings momentum (0 = market median) →Relative price strength vs market, 6M (pp) →Electronic Technology · Dec 2025 · Earnings ahead of price · F 62 · RS −11.5 ppElectronic Technology · Jan 2026 · Earnings ahead of price · F 61 · RS −4.7 ppElectronic Technology · Feb 2026 · Earnings ahead of price · F 62 · RS −4.4 ppElectronic Technology · Mar 2026 · Earnings ahead of price · F 62 · RS −4.1 ppElectronic Technology · Apr 2026 · Confirmed strength · F 61 · RS +4.5 ppElectronic Technology · May 2026 · Confirmed strength · F 61 · RS +12 ppElectronic Technology · Jun 2026 · Price ahead of earnings · F 46 · RS +22.2 ppElectronic Technology · Jul 2026 · Near centre · F 47 · RS +20.4 ppElectronic Technology · Aug 2026 · Near centre · F 50 · RS +22.1 ppElectronic Technology · Sep 2026 · Near centre · F 52 · RS +18.3 ppElectronic Technology · Oct 2026 · Near centre · F 53 · RS +4.3 ppElectronic Technology · Nov 2026 · Earnings ahead of price · F 53 · RS −1.8 ppDec 2025Nov 2026StrengthPrice aheadEarnings aheadWeaknessEarnings momentum (0 = market median) →Price vs market (pp) →Electronic Technology · Dec 2025 · Earnings ahead of price · F 62 · RS −11.5 ppElectronic Technology · Jan 2026 · Earnings ahead of price · F 61 · RS −4.7 ppElectronic Technology · Feb 2026 · Earnings ahead of price · F 62 · RS −4.4 ppElectronic Technology · Mar 2026 · Earnings ahead of price · F 62 · RS −4.1 ppElectronic Technology · Apr 2026 · Confirmed strength · F 61 · RS +4.5 ppElectronic Technology · May 2026 · Confirmed strength · F 61 · RS +12 ppElectronic Technology · Jun 2026 · Price ahead of earnings · F 46 · RS +22.2 ppElectronic Technology · Jul 2026 · Near centre · F 47 · RS +20.4 ppElectronic Technology · Aug 2026 · Near centre · F 50 · RS +22.1 ppElectronic Technology · Sep 2026 · Near centre · F 52 · RS +18.3 ppElectronic Technology · Oct 2026 · Near centre · F 53 · RS +4.3 ppElectronic Technology · Nov 2026 · Earnings ahead of price · F 53 · RS −1.8 ppDec 2025Nov 2026
Dec 2025Nov 2026

Quadrant changes

  1. Apr 2026 moved into Confirmed strength
  2. Jun 2026 moved into Price ahead of earnings
  3. Jul 2026 moved into Near centre
  4. Nov 2026 moved into Earnings ahead of price

The four quadrants

  • Confirmed strength: earnings improving, share price beating the market
  • Price ahead of earnings: share price beating the market, earnings not improving
  • Earnings ahead of price: earnings improving, share price lagging the market
  • Confirmed weakness: earnings not improving, share price lagging the market

Earnings is the sector’s median fundamental score minus 50; price is the sector index’s 6-month return minus the market’s. Each dot is a month-end.

All sectors on the rotation map

Electronic Technology price index

Sector indexMarket-cap-weighted index of today's Electronic Technology companies, rebased to 100 on Jan '19.

1005.4 index level · +8.0% over 12 months

80090010001100Nov 4Jan 16Apr 1Jun 17Aug 27Nov 9 80090010001100Nov 4May 12Nov 9

1005.4 index level · +135.3% over 3 years

4006008001000Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 4006008001000Nov '23May '25Nov '26

1005.4 index level · +897.0% since Jan '19

05001000Jan '19Jul '20Feb '22Sep '23Apr '25Nov '26 05001000Jan '19Dec '22Nov '26

ApnaFunda's market-cap-weighted index of today's Electronic Technology companies.

What drove the return

+10%sector index, 1 year (from end of Nov 2025)Lower P/E held it back

Earnings helped, the multiple did not.

  • Combined net profit grew 31%, but investors now pay less per rupee of profit (aggregate P/E 54.7x to 46.4x), which took back part of the gain.
Net profit growth: +28 pts. Points of the return explained by combined net profit growing (or shrinking).+28 ptsNet profit growthP/E change: −17 pts. Points of the return explained by the market paying a higher or lower aggregate P/E.−17 ptsP/E changeIssuance / other: 0 pts. Points the other two leave unexplained: new shares, buybacks and index weighting.0 ptsIssuance / otherShare price: +10%+10%Share priceNet profit growth: +28 pts. Points of the return explained by combined net profit growing (or shrinking).+28ProfitP/E change: −17 pts. Points of the return explained by the market paying a higher or lower aggregate P/E.−17P/EIssuance / other: 0 pts. Points the other two leave unexplained: new shares, buybacks and index weighting.0OtherShare price: +10%+10%Share price
Net profit growth+28 ptsCombined net profit grew 31%, which lifts the index.
P/E change-17 ptsThe aggregate P/E fell from 54.7x to 46.4x, which lowers the index.
Issuance / other0 ptsNew shares, buybacks and index weighting: what profit and P/E leave unexplained.
+130%sector index, 3 years (from end of Nov 2023)Earnings-driven

Mostly earnings.

  • Combined net profit grew 109% and explains most of the rise.
  • The multiple moved less (aggregate P/E 45.2x to 51.6x).
Net profit growth: +115 pts. Points of the return explained by combined net profit growing (or shrinking).+115 ptsNet profit growthP/E change: +21 pts. Points of the return explained by the market paying a higher or lower aggregate P/E.+21 ptsP/E changeIssuance / other: −6 pts. Points the other two leave unexplained: new shares, buybacks and index weighting.−6 ptsIssuance / otherShare price: +130%+130%Share priceNet profit growth: +115 pts. Points of the return explained by combined net profit growing (or shrinking).+115ProfitP/E change: +21 pts. Points of the return explained by the market paying a higher or lower aggregate P/E.+21P/EIssuance / other: −6 pts. Points the other two leave unexplained: new shares, buybacks and index weighting.−6OtherShare price: +130%+130%Share price
Net profit growth+115 ptsCombined net profit grew 109%, which lifts the index.
P/E change+21 ptsThe aggregate P/E rose from 45.2x to 51.6x, which lifts the index.
Issuance / other-6 ptsNew shares, buybacks and index weighting: what profit and P/E leave unexplained.
+395%sector index, 5 years (from end of Nov 2021)Earnings-driven

Mostly earnings.

  • Combined net profit grew 216% and explains most of the rise.
  • The multiple moved less (aggregate P/E 30.4x to 49.9x).
Net profit growth: +284 pts. Points of the return explained by combined net profit growing (or shrinking).+284 ptsNet profit growthP/E change: +122 pts. Points of the return explained by the market paying a higher or lower aggregate P/E.+122 ptsP/E changeIssuance / other: −11 pts. Points the other two leave unexplained: new shares, buybacks and index weighting.−11 ptsIssuance / otherShare price: +395%+395%Share priceNet profit growth: +284 pts. Points of the return explained by combined net profit growing (or shrinking).+284ProfitP/E change: +122 pts. Points of the return explained by the market paying a higher or lower aggregate P/E.+122P/EIssuance / other: −11 pts. Points the other two leave unexplained: new shares, buybacks and index weighting.−11OtherShare price: +395%+395%Share price
Net profit growth+284 ptsCombined net profit grew 216%, which lifts the index.
P/E change+122 ptsThe aggregate P/E rose from 30.4x to 49.9x, which lifts the index.
Issuance / other-11 ptsNew shares, buybacks and index weighting: what profit and P/E leave unexplained.
What do "pts" mean?

"pts" are percentage points of the return. The parts add up to the total shown for each period. Because market value = P/E × net profit, higher profit and a higher P/E both push it up.

Example: if the sector rose 30%, profit growth accounts for +45 pts and a lower P/E for -15 pts, then 45 - 15 = 30. The +45 is not the profit growth rate itself: it is the part of the move that profit growth explains.

All terms explained in the glossary →

Only companies with positive profit at both ends are included, so figures can differ slightly from the headline.
Profit is trailing twelve months, with a 60 day reporting lag.

Valuation history

55.3xmedian P/E, Nov 202672nd percentile since Jan 2019
Against its own history72nd percentile
CheapestMedian 43.5xDearest

Usual range 13.5x to 66.5x since Jan 2019.

The sector today55.3x median
Middle half20.7x to 86.6x
Range since Jan 20199.6x to 85.9x
Aggregate P/E46.8x
7.5x47.9x88.3x128.8xJan '19Aug '20Mar '22Oct '23May '25Nov '267.5x47.9x88.3x128.8xJan '19Sep '21May '24Nov '26
Median P/EMiddle half of companies (25th to 75th percentile)Aggregate P/E
5.7xmedian P/B, Nov 202663rd percentile since Jan 2019
Against its own history63rd percentile
CheapestMedian 3.9xDearest

Usual range 1.5x to 7.6x since Jan 2019.

The sector today5.7x median
Middle half2.7x to 11.6x
Range since Jan 20190.9x to 8.4x
Aggregate P/B9.2x

The chart loads when you open this tab.

Median P/BMiddle half of companies (25th to 75th percentile)Aggregate P/B
4.2xmedian P/S, Nov 202663rd percentile since Jan 2019
Against its own history63rd percentile
CheapestMedian 2.9xDearest

Usual range 1.0x to 5.1x since Jan 2019.

The sector today4.2x median
Middle half1.4x to 10.0x
Range since Jan 20190.6x to 6.8x

The chart loads when you open this tab.

Median P/SMiddle half of companies (25th to 75th percentile)

Percentiles describe where today's median sits in the sector's own history.

How to read this

Each month, the line is the median multiple of the sector's companies with a positive multiple, and the band covers the middle half of them (25th to 75th percentile). At least 5 companies are needed for a month to be shown.

The aggregate divides the sector's total market cap by its total net profit (or book value), so it is weighted towards the largest companies. Constituents are today's listed companies, so companies that have since delisted are missing (survivorship bias).

All terms explained in the glossary →

Where the profits are

57%of sector profit from the top 3 earners, Nov 2026Down from 77% in Dec 2023
  • HAL's share fell 19.9 pts since Dec 2023, the largest change.
  • Loss-making companies lost the equivalent of 3.6% of the profit pool and are left out of the shares.
0% 25% 50% 75% 100% Mar '19Sep '21Mar '24Nov '26
HINDUSTAN AERONAUTICS LIMITED 27%BHARAT ELECTRONICS LTD 18%WAAREE ENERGIES LIMITED 12%DIXON TECHNOLOGIES INDIA LTD 6%PREMIER ENERGIES LIMITED 5%APAR INDUSTRIES LIMITED 4%HITACHI ENERGY INDIA LIMITED 3%Others 25%
0% 25% 50% 75% 100% Mar '19Sep '21Mar '24Nov '26
Aerospace & Defense 50%Semiconductors 20%Electronic Equipment/Instruments 12%Electronic Production Equipment 11%Electronic Components 4%Telecommunications Equipment 2%Other industries 2%Others 1%
How to read this

Each band is a company's share of the sum of positive net profit (TTM, reported with a 60-day lag), sampled quarterly. The seven largest earners today keep their own band throughout; the rest are grouped as Others.

All terms explained in the glossary →

Expectations and momentum

Growth the price implies34.7%/yr
Implied
34.7%
Delivered
20.7%

Company by company, the typical share price implies 6.9 pts a year more growth than the company delivered. Delivered is the typical company's growth over the last 10 years. Implied vs delivered →

Share of market earnings growth+0.6 pts
This sector
+0.6
Whole market
+56.4

Of the +56.4 pts growth in the market's combined reported earnings, 12 months to Nov '26. See Market Pulse

#1of 19 sectors on the Momentum rank, October 2026
#19#13#7#1 Jan '20Jun '21Nov '22Apr '24Sep '25Oct '26
Jan '20: #11 of 19 sectors
Jul '20: #1 of 19 sectors
Jan '21: #1 of 19 sectors
Jul '21: #10 of 19 sectors
Jan '22: #11 of 19 sectors
Jul '22: #7 of 19 sectors
Jan '23: #15 of 19 sectors
Jul '23: #1 of 19 sectors
Jan '24: #1 of 19 sectors
Jul '24: #5 of 19 sectors
Jan '25: #13 of 19 sectors
Jul '25: #7 of 19 sectors
Jan '26: #1 of 19 sectors
Jul '26: #7 of 19 sectors
Oct '26: #1 of 19 sectors
#19#13#7#1 Jan '20Apr '22Jul '24Oct '26
Jan '20: #11 of 19 sectors
Jul '20: #1 of 19 sectors
Jan '21: #1 of 19 sectors
Jul '21: #10 of 19 sectors
Jan '22: #11 of 19 sectors
Jul '22: #7 of 19 sectors
Jan '23: #15 of 19 sectors
Jul '23: #1 of 19 sectors
Jan '24: #1 of 19 sectors
Jul '24: #5 of 19 sectors
Jan '25: #13 of 19 sectors
Jul '25: #7 of 19 sectors
Jan '26: #1 of 19 sectors
Jul '26: #7 of 19 sectors
Oct '26: #1 of 19 sectors

Higher on the chart is a better rank.
Sectors are ranked each month on price, earnings and FII/DII buying together.

How widespread is the strength?

The share of Electronic Technology companies doing well on each measure.
Above 50% means most companies are.

Above 200-day average
53%
share price above its 200-day average
55 of 86 companies with data · 9 Nov 2026
50%
Oct 2019Nov 2026
Improving ROCE
35%
ROCE up vs 12 months ago
48 of 86 companies with data · 35% worse
50%
Jan 2020Nov 2026
Rising FII holding
47%
FII holding up in the latest quarter
60 of 86 companies with data · 18% falling
50%
Mar 2024Nov 2026

Each chart runs from 0% (bottom) to 100% (top), monthly.
Hover or tap for a month's value.

How to read this

Companies below ₹500 cr market cap are left out. A ROCE or ROE change within ±1 pt, or an FII holding change within ±0.25 pt, counts as unchanged. Shareholding is reported quarterly, so the FII chart moves in steps and starts later, when shareholding history begins.

All terms explained in the glossary →

Broad or narrow?

+10%sector index, 12 monthsNarrow rally
  • 3 stocks contributed 70% of the gain.
  • Only 41% of companies beat the index.
Rose over 12 months49%Share of companies with a positive 12-month return.
Beat the sector index41%Share of companies whose return was above the index's.
Top 3 share of the move70%CPPLUS, HAL, STLTECH.
Spread of returns77 ptsGap between the 25th and 75th percentile return; 48th percentile of its history.

Based on 76 companies' 12-month price returns, weighted by market cap 12 months ago.

How to read this

A year with an index move under 5% is called flat. Narrow means the top 3 contributors made up at least 60% of the move, or fewer than 35% of companies beat the index in a rising year. Broad means most companies moved with the index.

All terms explained in the glossary →

Leaders and laggards

The highest- and lowest-ranked of 64 Electronic Technology companies above ₹500 cr on each lens, as of 9 Nov 2026.

Highest-ranked

  1. 1VINYAS INNOVATIVE TECH. LTDFII+DII +3.0 pts (12m)
  2. 2STERLITE TECHNOLOGIES LIMITEDFII+DII +11.6 pts (12m)
  3. 3KRISHNA DEFENCE AND ALLIED LTDFII+DII +2.6 pts (12m)
  4. 4ADITYA INFOTECH LIMITED3M price +12.2%
  5. 5HFCL LIMITEDFII+DII +4.9 pts (12m)

Lowest-ranked

  1. 1WEBSOL ENERGY SYSTEM LIMITEDFII+DII -0.7 pts (12m)
  2. 2MOSCHIP TECHNOLOGIES LIMITEDROCE -1.0 pts (12m)
  3. 3TEJAS NETWORKS LIMITEDOp. margin +42.0 pts (12m)
  4. 4KAYNES TECHNOLOGY IND LIMITEDROCE -1.0 pts (12m)
  5. 5PROSTARM INFO SYSTEMS LIMITED3M price -9.7%

Highest-ranked

  1. 1PRIZOR VIZTECH LIMITED3M price +77.9%
  2. 2ROSSELL TECHSYS LIMITED3M price +26.2%
  3. 3UNIMECH AEROSPACE AND MFG LTD3M price +24.4%
  4. 4SAHASRA ELECTRONIC SOLU LTD3M price +22.0%
  5. 5QUADRANT FUTURE TEK LIMITED3M price +16.1%

Lowest-ranked

  1. 1WONDER ELECTRICALS LIMITED3M price -44.1%
  2. 2INSOLATION ENERGY LIMITED3M price -34.0%
  3. 3UNIVERSAL CABLES LTD3M price -33.3%
  4. 4LASER POWER AND INFRA LIMITED3M price -31.0%
  5. 5KERNEX MICROSYSTEMS INDIA LT3M price -26.2%

Highest-ranked

  1. 1IDEAFORGE TECHNOLOGY LIMITEDOp. margin +152.7 pts (12m)
  2. 2KERNEX MICROSYSTEMS INDIA LTROCE +24.0 pts (12m)
  3. 3HFCL LIMITEDEPS growth +1471% (12m)
  4. 4HITACHI ENERGY INDIA LIMITEDROCE +10.0 pts (12m)
  5. 5KRISHNA DEFENCE AND ALLIED LTDROCE +7.0 pts (12m)

Lowest-ranked

  1. 1PACE DIGITEK LTDEPS growth -9% (12m)
  2. 2CONTROL PRINT (INDIA) LTDROCE -2.0 pts (12m)
  3. 3PG ELECTROPLAST LIMITEDOp. margin -1.0 pts (12m)
  4. 4MOSCHIP TECHNOLOGIES LIMITEDROCE -1.0 pts (12m)
  5. 5NELCO LIMITEDOp. margin 0.0 pts (12m)

Highest-ranked

  1. 1MTAR TECHNOLOGIES LIMITEDFII+DII +16.1 pts (12m)
  2. 2STERLITE TECHNOLOGIES LIMITEDFII+DII +11.6 pts (12m)
  3. 3SYRMA SGS TECHNOLOGY LIMITEFII+DII +7.9 pts (12m)
  4. 4WAAREE ENERGIES LIMITEDFII+DII +7.1 pts (12m)
  5. 5ASTRA MICROWAVE PRODUCTS LTDFII+DII +6.0 pts (12m)

Lowest-ranked

  1. 1KAYNES TECHNOLOGY IND LIMITEDFII+DII -15.5 pts (12m)
  2. 2PROSTARM INFO SYSTEMS LIMITEDFII+DII -4.9 pts (12m)
  3. 3QUADRANT FUTURE TEK LIMITEDFII+DII -4.4 pts (12m)
  4. 4SAHASRA ELECTRONIC SOLU LTDFII+DII -2.5 pts (12m)
  5. 5UNIVERSAL CABLES LTDFII+DII -2.4 pts (12m)

Rankings combine price (3-month change), earnings (12-month change in EPS growth, ROCE and operating margin) and FII/DII buying (12-month change in holding).

Who has been buying and selling?

  • Between Dec 2024 and Sep 2026, DIIs raised their holding from 12.9% to 14.6%, the largest change among the groups.

Holdings, Sep 2026

How each group changed

GroupDec 2024Sep 2026Change
Promoters59.6%58.5%-1.1 pts
FIIs11.7%11.0%-0.6 pts
DIIs12.9%14.6%+1.7 pts
Public and others15.8%15.9%+0.1 pts

Market-cap-weighted holding of Electronic Technology companies over the last 8 quarters.
Public and others is what the three groups leave.
See the Sep 2026 sector flows

How concentrated is it?

10equal-sized companies, in effectModerately concentrated

The sector's market value is split across 86 companies, but unevenly: as evenly as 10 equal-sized companies would split it.

Largest company22%HAL's share of sector market value.
Top 349%Share of sector market value.
Top 559%Share of sector market value.
Top 3 earners57%Share of the sector's positive net profit.

Equal-sized equivalent, quarterly

03710 Feb '19Nov '20Aug '22May '24Feb '26Nov '26
Feb '19: like 6 equal-sized companies
Feb '20: like 5 equal-sized companies
Feb '21: like 6 equal-sized companies
Feb '22: like 7 equal-sized companies
Feb '23: like 7 equal-sized companies
Feb '24: like 6 equal-sized companies
Feb '25: like 8 equal-sized companies
Feb '26: like 8 equal-sized companies
Nov '26: like 10 equal-sized companies
03710 Feb '19Nov '21Aug '24Nov '26
Feb '19: like 6 equal-sized companies
Feb '20: like 5 equal-sized companies
Feb '21: like 6 equal-sized companies
Feb '22: like 7 equal-sized companies
Feb '23: like 7 equal-sized companies
Feb '24: like 6 equal-sized companies
Feb '25: like 8 equal-sized companies
Feb '26: like 8 equal-sized companies
Nov '26: like 10 equal-sized companies

Higher means market value is spread across more companies; lower means a few companies dominate.

How to read this

This is the effective number of companies: 1 divided by the sum of squared market-cap weights. A sector of 7 equal-sized companies scores 7. One giant among many small companies scores close to 1. Under 5 reads as highly concentrated, 5 to 15 as moderately concentrated, and over 15 as broad.

All terms explained in the glossary →

Industries within Electronic Technology

Each industry's slice of the sector's market value and of its profit.
A profit bar longer than the market-cap bar means the industry earns more than it is valued for.

Market cap48%
Profit48%
Median P/E
78.3x
Median ROCE
13.5%
12m return
+3.4%
Above 200-DMA
60%
Market cap15%
Profit12%
Median P/E
43.6x
Median ROCE
18.5%
12m return
+21.9%
Above 200-DMA
25%
Market cap13%
Profit11%
Median P/E
77.4x
Median ROCE
14.0%
12m return
+1.4%
Above 200-DMA
80%
Semiconductors12 companies
Market cap8%
Profit19%
Median P/E
18.4x
Median ROCE
23.6%
12m return
-19.5%
Above 200-DMA
0%
Market cap7%
Profit4%
Median P/E
39.6x
Median ROCE
9.5%
12m return
+122.5%
Above 200-DMA
50%
Market cap5%
Profit3%
Median P/E
38.5x
Median ROCE
18.5%
12m return
+109.0%
Above 200-DMA
88%
Other industries3 companies
Market cap2%
Profit2%
Median P/E
—
Median ROCE
2.0%
12m return
-13.7%
Above 200-DMA
67%
Market cap2%
Profit1%
Median P/E
23.1x
Median ROCE
17.0%
12m return
+12.9%
Above 200-DMA
0%

Select an industry to filter the company list.
Industries with fewer than 3 companies are grouped as "Other industries". Both bars share one scale.

How to read this

12m return is the market-cap-weighted 12-month price return of the industry's constituents, with weights from 12 months ago. Mcap and profit shares are each industry's part of the sector total.

All terms explained in the glossary →

Companies

Show all 86 companiesHide the list
CompanyIndustryMcapWeight12m returnP/EP/BROCEOPMD/EFII Δ 1yPromoter52w range
HINDUSTAN AERONAUTICS LIMITEDAerospace & Defense₹3.34L cr21.8%+10%Q335.9xQ28.2xQ332.0%Q428.0%Q40.0xQ1-2.6Q171.6%91%
BHARAT ELECTRONICS LTDAerospace & Defense₹2.88L cr18.8%-4%Q247.0xQ212.0xQ436.0%Q425.0%Q40.0xQ1-0.5Q151.1%34%
HITACHI ENERGY INDIA LIMITEDElectronic Equipment/Instruments₹1.25L cr8.2%+28%Q3109.1xQ424.2xQ429.0%Q415.0%Q30.0xQ1+5.3Q471.3%53%
DIXON TECHNOLOGIES INDIA LTDElectronic Production Equipment₹77094 cr5.0%-14%Q240.8xQ216.5xQ429.0%Q43.0%Q10.2xQ2-2.7Q128.6%49%
WAAREE ENERGIES LIMITEDSemiconductors₹70302 cr4.6%-23%Q218.4xQ14.9xQ238.0%Q418.0%Q30.2xQ2+5.9Q464.1%20%
APAR INDUSTRIES LIMITEDElectronic Equipment/Instruments₹59484 cr3.9%+55%Q448.3xQ211.0xQ332.0%Q411.0%Q20.2xQ2+1.7Q457.8%59%
ADITYA INFOTECH LIMITEDElectronic Components₹51802 cr3.4%+175%Q4104.1xQ427.6xQ429.0%Q415.0%Q30.1xQ2—74.7%88%
BHARAT DYNAMICS LIMITEDAerospace & Defense₹40675 cr2.7%-27%Q178.1xQ39.6xQ314.0%Q215.0%Q30.0xQ1-2.1Q174.9%21%
PREMIER ENERGIES LIMITEDSemiconductors₹40220 cr2.6%-9%Q224.1xQ29.3xQ333.0%Q429.0%Q40.9xQ4+3.5Q458.5%48%
STERLITE TECHNOLOGIES LIMITEDTelecommunications Equipment₹34492 cr2.3%+541%Q4134.7xQ415.2xQ48.0%Q220.0%Q40.9xQ4+11.5Q444.5%61%
HFCL LIMITEDTelecommunications Equipment₹31547 cr2.1%+194%Q454.8xQ26.5xQ311.0%Q222.0%Q40.4xQ3+8.0Q428.3%66%
SYRMA SGS TECHNOLOGY LIMITEElectronic Production Equipment₹28197 cr1.8%+78%Q476.5xQ39.8xQ317.0%Q310.0%Q20.1xQ2+1.2Q342.3%70%
HONEYWELL AUTOMATION INDIA LTDElectronic Equipment/Instruments₹26608 cr1.7%-15%Q248.3xQ26.0xQ317.0%Q314.0%Q30.0xQ1+1.2Q475.0%25%
ITI LIMITED INDIAN TELEPHINDCommunications Equipment₹23904 cr1.6%-20%Q273.5xQ312.5xQ42.0%Q10.4%Q10.4xQ3+0.1Q390.0%31%
NETWEB TECHNOLOGIES INDIA LTDComputer Peripherals₹22820 cr1.5%+17%Q383.7xQ331.6xQ437.0%Q415.0%Q30.4xQ3-0.3Q267.0%32%
DATA PATTERNS INDIA LIMITEDElectronic Production Equipment₹22534 cr1.5%+35%Q384.1xQ313.0xQ422.0%Q327.0%Q40.0xQ1-0.3Q242.4%66%
KAYNES TECHNOLOGY IND LIMITEDElectronic Production Equipment₹22183 cr1.4%-40%Q164.0xQ34.7xQ213.0%Q216.0%Q30.2xQ2-4.9Q153.5%8%
MTAR TECHNOLOGIES LIMITEDAerospace & Defense₹16968 cr1.1%+118%Q4127.1xQ420.6xQ415.0%Q324.0%Q40.5xQ3+17.2Q429.4%51%
PG ELECTROPLAST LIMITEDElectronic Production Equipment₹16175 cr1.1%-5%Q278.2xQ35.3xQ210.0%Q27.0%Q10.2xQ2-3.1Q143.4%61%
AEQUS LIMITEDAerospace & Defense₹15845 cr1.0%——10.7xQ32.0%Q13.7%Q10.5xQ3—59.1%68%
ASTRA MICROWAVE PRODUCTS LTDTelecommunications Equipment₹15755 cr1.0%+78%Q483.4xQ312.0xQ420.0%Q319.0%Q30.2xQ2+4.3Q46.5%73%
APOLLO MICRO SYSTEMS LIMITEDElectronic Production Equipment₹15377 cr1.0%+57%Q4121.1xQ411.7xQ415.0%Q321.0%Q40.4xQ3+0.4Q350.0%82%
AVALON TECHNOLOGIES LIMITEDElectronic Production Equipment₹12412 cr0.8%+92%Q492.8xQ417.2xQ419.0%Q312.0%Q20.3xQ3-0.9Q144.4%59%
PARAS DEFENCE AND SPACE TECHAerospace & Defense₹10122 cr0.7%+75%Q4107.2xQ414.0xQ417.0%Q325.0%Q40.0xQ1+1.4Q453.2%67%
UNIMECH AEROSPACE AND MFG LTDAerospace & Defense₹9196 cr0.6%+85%Q4127.6xQ412.5xQ411.0%Q236.0%Q40.2xQ2+0.3Q379.8%92%
GENUS POWER INFRASTRUCTURES LTElectronic Equipment/Instruments₹8701 cr0.6%-9%Q213.4xQ13.9xQ225.0%Q419.0%Q31.0xQ4-1.7Q139.3%50%
TONBO IMAGING INDIA LTDAerospace & Defense₹8670 cr0.6%—170.4xQ415.7xQ413.0%Q2—0.2xQ2———
TEJAS NETWORKS LIMITEDTelecommunications Equipment₹7461 cr0.5%-15%Q2—2.5xQ1-15.0%Q1-25.0%Q11.4xQ4-0.3Q253.3%36%
GNG ELECTRONICS LIMITEDElectronic Components₹6288 cr0.4%+66%Q444.1xQ28.3xQ320.0%Q312.0%Q20.6xQ4—74.8%58%
CYIENT DLM LIMITEDElectronic Production Equipment₹6238 cr0.4%+83%Q476.0xQ36.2xQ310.0%Q210.0%Q20.2xQ2-2.2Q152.1%65%
CENTUM ELECTRONICS LIMITEDElectronic Components₹6134 cr0.4%+76%Q4124.6xQ417.9xQ426.0%Q412.0%Q20.4xQ3+1.4Q446.8%71%
ROSSELL TECHSYS LIMITEDAerospace & Defense₹5208 cr0.3%+78%Q4202.5xQ433.6xQ412.0%Q214.4%Q32.6xQ4+0.2Q374.8%72%
TEMPSENS INSTRUMENTS INDIA LElectronic Equipment/Instruments₹4455 cr0.3%—67.6xQ39.0xQ318.0%Q320.0%Q40.2xQ2———
AIMTRON ELECTRONICS LIMITEDElectronic Components₹4193 cr0.3%+105%Q488.4xQ417.8xQ428.0%Q4—0.2xQ3-0.8Q170.9%96%
UNIVERSAL CABLES LTDElectronic Components₹3919 cr0.3%+18%Q319.6xQ12.1xQ112.0%Q210.0%Q20.6xQ4+0.9Q361.9%46%
AVANTEL LIMITEDTelecommunications Equipment₹3718 cr0.2%-10%Q2218.9xQ411.0xQ310.0%Q224.8%Q40.1xQ2+1.1Q337.0%28%
PACE DIGITEK LTDTelecommunications Equipment₹3480 cr0.2%-24%Q211.1xQ11.6xQ121.0%Q316.0%Q30.4xQ3—69.5%28%
IDEAFORGE TECHNOLOGY LIMITEDAerospace & Defense₹3334 cr0.2%+45%Q3752.7xQ45.6xQ2-3.0%Q13.4%Q10.1xQ2+4.3Q429.0%49%
MOSCHIP TECHNOLOGIES LIMITEDSemiconductors₹3279 cr0.2%-23%Q2120.7xQ48.0xQ311.0%Q28.0%Q10.2xQ2-0.2Q239.3%19%
WEBSOL ENERGY SYSTEM LIMITEDSemiconductors₹3128 cr0.2%-29%Q19.9xQ15.0xQ263.0%Q434.0%Q40.2xQ2-0.7Q129.7%25%
LASER POWER AND INFRA LIMITEDElectronic Equipment/Instruments₹2933 cr0.2%—15.8xQ14.0xQ221.0%Q3—1.2xQ4———
KERNEX MICROSYSTEMS INDIA LTComputer Communications₹2863 cr0.2%+51%Q415.0xQ111.6xQ448.0%Q432.0%Q40.7xQ4+2.0Q428.7%49%
ELPRO INTERNATIONAL LTDElectronic Components₹2815 cr0.2%—21.9xQ21.4xQ17.0%Q185.0%Q40.6xQ4—75.0%—
VINYAS INNOVATIVE TECH. LTDElectronic Production Equipment₹1921 cr0.1%+26%Q361.8xQ38.1xQ3——0.6xQ3+0.0Q229.4%77%
SIKA INTERPLANT SYSTEMS LTDAerospace & Defense₹1915 cr0.1%—55.3xQ312.4xQ435.0%Q419.5%Q30.0xQ1—71.7%—
KRISHNA DEFENCE AND ALLIED LTDAerospace & Defense₹1882 cr0.1%+60%Q443.4xQ29.7xQ331.0%Q426.0%Q40.0xQ1+1.3Q459.9%81%
ALPEX SOLAR LIMITEDSemiconductors₹1825 cr0.1%-38%Q19.1xQ13.3xQ245.0%Q415.0%Q31.0xQ4+1.5Q465.9%10%
NELCO LIMITEDElectronic Production Equipment₹1747 cr0.1%-10%Q2450.2xQ413.5xQ47.0%Q110.4%Q20.6xQ3+1.0Q350.1%43%
PRIZOR VIZTECH LIMITEDElectronic Equipment/Instruments₹1742 cr0.1%+429%Q483.2xQ323.5xQ439.0%Q4—0.6xQ4-0.2Q267.9%99%
QUADRANT FUTURE TEK LIMITEDCommunications Equipment₹1719 cr0.1%+41%Q3—6.7xQ3-15.0%Q1-8.3%Q10.1xQ2-0.5Q170.0%57%
HPL ELECTRIC & POWER LIMITEDElectronic Equipment/Instruments₹1667 cr0.1%-37%Q118.3xQ11.7xQ113.0%Q212.0%Q20.8xQ4+0.1Q372.7%14%
INSOLATION ENERGY LIMITEDSemiconductors₹1570 cr0.1%—8.1xQ11.9xQ122.0%Q310.0%Q21.1xQ4—66.1%—
IKIO TECHNOLOGIES LIMITEDElectronic Components₹1531 cr0.1%+5%Q332.9xQ22.5xQ19.0%Q213.0%Q20.1xQ2+0.1Q372.5%70%
D-LINK INDIA LIMITEDTelecommunications Equipment₹1439 cr0.1%-3%Q313.4xQ12.8xQ226.0%Q48.0%Q10.0xQ1+0.1Q351.0%32%
RIR POWER ELECTRONICS LIMITEDSemiconductors₹1155 cr0.1%—145.0xQ48.3xQ37.9%Q28.7%Q20.1xQ2—58.6%—
WONDER ELECTRICALS LIMITEDElectronic Equipment/Instruments₹1009 cr0.1%-58%Q183.7xQ39.7xQ39.0%Q23.9%Q11.1xQ4+2.0Q471.8%6%
SAHASRA ELECTRONIC SOLU LTDElectronic Components₹1009 cr0.1%+24%Q371.1xQ34.3xQ26.0%Q1—0.3xQ3-0.3Q269.9%65%
CONTROL PRINT (INDIA) LTDComputer Peripherals₹953 cr0.1%-21%Q224.5xQ22.1xQ116.0%Q313.0%Q20.0xQ1-0.2Q253.0%29%
TANEJA AEROSPACE & AVIATION LTAerospace & Defense₹785 cr0.1%—41.4xQ25.1xQ216.0%Q372.3%Q40.0xQ1—52.0%—
PROSTARM INFO SYSTEMS LIMITEDComputer Peripherals₹778 cr0.1%-24%Q221.8xQ22.7xQ218.0%Q38.5%Q20.3xQ3-3.6Q172.8%19%
SHRADDHA PRIME PROJECTS LTDElectronic Equipment/Instruments₹753 cr0.0%—11.6xQ15.7xQ324.0%Q418.0%Q32.0xQ4—74.8%—
TVS ELECTRONICS LTDElectronic Equipment/Instruments₹732 cr0.0%-28%Q174.3xQ38.4xQ319.0%Q3—0.0xQ1+0.3Q359.8%16%
OSEL DEVICES LIMITEDElectronic Components₹673 cr0.0%-52%Q122.9xQ23.3xQ223.0%Q3—0.5xQ3-1.3Q164.8%11%
DC INFOTECH AND COMMUNICATIONTelecommunications Equipment₹542 cr0.0%+30%Q324.5xQ25.1xQ223.0%Q34.7%Q10.8xQ4+0.0Q362.2%46%
URJA GLOBAL LIMITEDSemiconductors₹488 cr0.0%-31%Q1282.3xQ42.8xQ21.3%Q13.9%Q10.1xQ2-0.1Q217.4%18%
CONCORD ENVIRO SYSTEMS LIMITEDElectronic Equipment/Instruments₹470 cr0.0%-45%Q1—0.8xQ17.0%Q1-19.0%Q10.3xQ3-0.6Q151.4%3%
AUSTRALIAN PREMIUM SOLAR LTDSemiconductors₹429 cr0.0%-50%Q17.4xQ12.6xQ157.0%Q4—0.3xQ3-0.8Q172.6%7%
ELIN ELECTRONICS LIMITEDElectronic Production Equipment₹386 cr0.0%-57%Q1—0.7xQ17.0%Q11.1%Q10.0xQ1-0.1Q233.0%6%
DE NORA INDIA LIMITEDElectronic Equipment/Instruments₹365 cr0.0%-3%Q229.9xQ22.8xQ26.0%Q116.1%Q30.0xQ1+0.8Q353.7%32%
C2C ADVANCED SYSTEMS LIMITEDAerospace & Defense₹259 cr0.0%-76%Q114.2xQ11.1xQ114.0%Q2—0.2xQ3+1.2Q437.0%3%
TECHERA ENGINEERING INDIA LTDAerospace & Defense₹218 cr0.0%-44%Q178.5xQ34.1xQ27.9%Q1—0.6xQ4+0.2Q336.9%8%
BPL LIMITEDTelecommunications Equipment₹213 cr0.0%-30%Q1—0.9xQ11.0%Q1-13.3%Q10.5xQ30.0Q263.1%16%
SMARTLINK HOLDINGS LIMITEDTelecommunications Equipment₹207 cr0.0%+55%Q412.5xQ11.0xQ19.0%Q27.1%Q10.0xQ10.0Q272.8%65%
INTEGRATED PERSONNEL LIMITEDElectronic Components₹202 cr0.0%-32%Q115.6xQ13.0xQ217.0%Q3—0.8xQ4—64.4%12%
ROSSELL INDIA LIMITEDAerospace & Defense₹197 cr0.0%-10%Q2——6.0%Q110.7%Q20.7xQ4-1.2Q174.8%37%
NITIRAJ ENGINEERS LIMITEDElectronic Equipment/Instruments₹193 cr0.0%+2%Q3—2.9xQ20.4%Q18.4%Q20.1xQ10.0Q269.1%28%
HOLMARC OPTO-MECHATRONICS LTDElectronic Equipment/Instruments₹134 cr0.0%+33%Q339.0xQ25.6xQ225.6%Q4—0.0xQ1—62.7%88%
SHIGAN QUANTUM TECHNOLOGIESElectronic Equipment/Instruments₹130 cr0.0%+23%Q319.3xQ11.3xQ111.0%Q2—0.7xQ4—69.7%49%
RICHA INFO SYSTEMS LIMITEDComputer Peripherals₹123 cr0.0%+9%Q314.7xQ10.9xQ19.0%Q2—0.1xQ2-0.5Q223.3%66%
SURANA SOLAR LIMITEDSemiconductors₹115 cr0.0%-20%Q2—2.0xQ1——0.0xQ1-0.2Q245.8%35%
URAVI DEFENCE N TECHNOLOGY LTDAerospace & Defense₹112 cr0.0%-48%Q184.8xQ32.2xQ13.7%Q16.9%Q10.5xQ3+0.3Q345.0%2%
AKSH OPTIFIBRE LIMITEDTelecommunications Equipment₹112 cr0.0%+2%Q3——-7.0%Q120.7%Q4—0.0Q219.4%60%
DRONE DESTINATION LIMITEDAerospace & Defense₹79 cr0.0%-57%Q167.1xQ31.3xQ16.2%Q1—0.4xQ3+0.3Q361.0%2%
SUNGARNER ENERGIES LIMITEDSemiconductors₹58 cr0.0%+9%Q315.2xQ13.9xQ223.6%Q3—1.8xQ4—62.0%50%
SHYAM TELECOM LTDTelecommunications Equipment₹13 cr0.0%-7%Q2—0.9xQ1-23.0%Q113.0%Q20.0xQ1—66.2%24%
INDIFRA LIMITEDSemiconductors₹8 cr0.0%-32%Q11030.0xQ40.4xQ1-0.7%Q1—0.0xQ1—67.6%0%

Sorted by market cap.

Click a column heading to re-sortTap a column heading to re-sort

What do the dots mean?

Dots show a company's quartile within this sector (Q1 = lowest value in the sector, Q4 = highest) for the metrics that have one; hover for the percentile. This is a relative position within this sector only, not a quality score. A hollow dot means loss-making.

Lenders show ROE in place of ROCE and n/a for operating margin and debt/equity. Companies without their own page are listed unlinked. 12m return is the 12-month price change.

All terms explained in the glossary →

Methodology and data notes

Methodology

Methodology and data notes

Electronic Technology sector page

This page describes historical and current data for companies ApnaFunda classifies in Electronic Technology. Percentiles, rankings, breadth and return breakdowns are descriptive statistics computed from reported financials (used 60 days after each period ends) and daily prices since Jan 2019. They are not forecasts or ratings. Sector figures include only currently listed companies (survivorship bias) and use ApnaFunda's own synthetic, non-investable sector index.

Medians, quartile bands and percentiles use companies with a positive multiple; at least 5 companies are needed for any sector statistic. Breadth excludes companies under ₹500 cr market cap. The return breakdown uses the identity market value = P/E × net profit over the companies present at both ends. Leaders and laggards are ranked on price (3-month change), fundamentals (12-month change in EPS growth, ROCE and operating margin) and flow (12-month FII+DII holding change). Chip colours only indicate which end of the sector range is higher or lower; they are not a quality score.

Feedback