Telecom Services stocks in India
Every listed telecom services company on NSE and BSE in our database, largest first, with its valuation, profitability, latest quarterly growth, one-year return and next results date.
There are 19 listed companies in the Telecom Services industry on NSE and BSE in our database, 16 of them with full financials.
The largest by market capitalisation are Bharti Airtel Limited (₹1,180,416 Cr), Vodafone Idea Limited (₹123,078 Cr), Bharti Hexacom Limited (₹81,895 Cr).
Among the 12 companies worth more than ₹500 Cr, the median P/E of the profitable ones is 28.5 and the median return on equity is 3.0%.
Fastest sales growth in the latest quarter (year on year, above ₹500 Cr): Mahanagar Telephone +320%, Railtel +20%, Bharti Airtel +18%.
Next to report results: Railtel on 25 Oct, Nazara Technologies on 26 Oct, OnMobile Global on 28 Oct.
Telecom Services companies by market cap
| # | Company | Market cap | P/E | ROE | Qtr sales YoY | Qtr profit YoY | Return 1Y | Next results |
|---|---|---|---|---|---|---|---|---|
| 1 | Bharti Airtel LimitedBHARTIARTL | ₹1,180,416 Cr | 32.42 | 24.4% | +18.4% | +34.9% | -3.8% | — |
| 2 | Vodafone Idea LimitedIDEA | ₹123,078 Cr | 3.29 | -104.6% | +6.0% | +43.2% | +28.4% | — |
| 3 | Bharti Hexacom LimitedBHARTIHEXA | ₹81,895 Cr | 44.89 | 25.5% | +10.9% | +23.2% | -6.4% | — |
| 4 | Tata Communications LimitedTATACOMM | ₹47,165 Cr | 43.33 | 32.0% | +9.6% | +83.2% | -16.1% | — |
| 5 | Nazara Technologies LimitedNAZARA | ₹15,471 Cr | — | -1.5% | -14.0% | -260.6% | +53.1% | 26 Oct |
| 6 | Tata Teleservices (Maharashtra) LimitedTTML | ₹7,366 Cr | 24.57 | -1.5% | +8.3% | +81.6% | -32.8% | — |
| 7 | Railtel Corporation Of India LimitedRAILTEL | ₹7,349 Cr | 21.25 | 15.3% | +20.1% | -0.3% | -38.6% | 25 Oct |
| 8 | STL Networks LimitedSTLNETWORK | ₹1,719 Cr | — | — | -7.3% | +1.9% | +26.2% | — |
| 9 | Hathway Cable & Datacom LimitedHATHWAY | ₹1,598 Cr | 23.60 | 1.5% | +5.7% | -44.3% | -33.9% | — |
| 10 | NELCO LimitedNELCO | ₹1,580 Cr | 398.06 | 3.0% | +5.1% | +6.8% | -22.0% | — |
| 11 | Mahanagar Telephone Nigam LimitedMTNL | ₹1,434 Cr | — | 10.0% | +319.8% | +10.5% | -46.0% | 13 Nov |
| 12 | OnMobile Global LimitedONMOBILE | ₹539 Cr | — | -2.0% | -18.3% | -362.5% | -29.5% | 28 Oct |
| 13 | Reliance Communications LimitedRCOM | ₹216 Cr | — | 9.1% | -10.8% | +68.4% | -44.3% | — |
| 14 | GTL LimitedGTL | ₹94 Cr | 0.16 | -10.7% | -17.1% | +5436.4% | -34.7% | — |
| 15 | Accord Synergy LimitedACCORD | ₹62 Cr | 46.74 | 8.9% | +22.8% | +162.1% | — | — |
| 16 | Uniinfo Telecom Services LimitedUNIINFO | ₹12 Cr | — | -3.4% | -1.4% | +573.5% | -36.3% | — |
| 17 | Nettlinx LtdBSE: 511658 | — | — | — | — | — | — | — |
| 18 | Quadrant Televentures LtdBSE: 511116 | — | — | — | — | — | — | — |
| 19 | Steelman Telecom LtdBSE: 543622 | — | — | — | — | — | — | — |
P/E "n/m" means the company made a loss over the last four quarters. Quarterly growth compares the latest quarter with the same quarter a year earlier. "—" means the figure is not available.
Upcoming telecom services results
Frequently asked questions
Which are the largest telecom services stocks in India?
By market capitalisation: Bharti Airtel Limited (₹1,180,416 Cr), Vodafone Idea Limited (₹123,078 Cr), Bharti Hexacom Limited (₹81,895 Cr), Tata Communications Limited (₹47,165 Cr), Nazara Technologies Limited (₹15,471 Cr).
How many telecom services companies are listed in India?
19 companies listed on NSE and BSE are classified in the Telecom Services industry on this page, which merges the exchanges' and data vendors' labels for the same business.
What is the average P/E of telecom services stocks?
The median P/E of profitable telecom services companies worth more than ₹500 Cr is 28.5, based on trailing-twelve-month profit and the latest close.
When do telecom services companies announce their results?
Upcoming board meetings for results: Railtel Corporation Of India Limited on 25 Oct 2026; Nazara Technologies Limited on 26 Oct 2026; OnMobile Global Limited on 28 Oct 2026; Mahanagar Telephone Nigam Limited on 13 Nov 2026.
