About the Telecommunication sector
26 Aug 2026Solomo tracks 43 listed Telecommunication companies on India's NSE and BSE, spread across 4 industries. Their combined market capitalisation was ₹18,06,994 crore (₹18.07 lakh crore) on 26 Aug 2026 — 3.7% of the ₹489.65 lakh crore across Solomo's 5,576-company Indian universe, making Telecommunication the 11th largest of 23 sectors by market value. All 43 carry both an NSE symbol and a BSE scrip code.
The 5 largest by market capitalisation are Bharti Airtel Ltd (₹11,98,774 crore), Vodafone Idea Ltd (₹1,53,847 crore), Indus Towers Ltd (₹1,07,109 crore), Bharti Hexacom Ltd (₹80,313 crore) and Tata Communications Ltd (₹52,901 crore), together 88.2% of the sector's market value.
Median trailing P/E across the 38 Telecommunication companies with a reported ratio is 16.0, and median return on capital employed (ROCE) across 43 companies is 8.5%. Medians rather than averages: the sector's long tail of micro-caps drags a mean far from anything typical.
2 of them rank among the 100 largest listed companies in India by market capitalisation on 26 Aug 2026 — ranked across Solomo's 5,576-company NSE and BSE universe: Bharti Airtel Ltd (#3) and Vodafone Idea Ltd (#65).
| Company | Market cap | P/E | ROCE | |
|---|---|---|---|---|
| Bharti Airtel Ltd | Telecom - Cellular & Fixed line services | ₹11,98,774 Cr | 44.9 | 19.0% |
| Vodafone Idea Ltd | Telecom - Cellular & Fixed line services | ₹1,53,847 Cr | 4.5 | -1.6% |
| Indus Towers Ltd | Telecom - Infrastructure | ₹1,07,109 Cr | 15.0 | 17.9% |
| Bharti Hexacom Ltd | Telecom - Cellular & Fixed line services | ₹80,313 Cr | 46.3 | 20.6% |
| Tata Communications Ltd | Telecom - Cellular & Fixed line services | ₹52,901 Cr | 52.8 | 12.7% |
| Altius Telecom Infrastructure Trust | Telecom - Infrastructure | ₹51,620 Cr | 46.6 | 8.5% |
| HFCL Ltd | Telecom - Infrastructure | ₹33,275 Cr | 106.6 | 10.1% |
| ITI Ltd | Telecom - Equipment & Accessories | ₹27,970 Cr | — | 1.4% |
| Sterlite Technologies Ltd | Telecom - Equipment & Accessories | ₹27,843 Cr | 588.0 | 7.4% |
| Railtel Corporation of India Ltd | Other Telecom Services | ₹14,908 Cr | 69.5 | 13.6% |
| Industry | Companies | Combined mcap | ||
|---|---|---|---|---|
| Telecom - Cellular & Fixed line services | 8 | ₹14,95,990 Cr | 82.8% | Bharti Airtel Ltd |
| Telecom - Infrastructure | 13 | ₹2,06,140 Cr | 11.4% | Indus Towers Ltd |
| Telecom - Equipment & Accessories | 14 | ₹74,649 Cr | 4.1% | ITI Ltd |
| Other Telecom Services | 8 | ₹30,214 Cr | 1.7% | Railtel Corporation of India Ltd |
Market capitalisation, P/E and ROCE are from Solomo's fundamentals snapshot dated 26 Aug 2026; the interactive table above re-prices market cap and P/E against live quotes during market hours, so intraday figures there will differ. Sector and industry labels follow the NSE and BSE classification. Reference data, not investment advice.
All 43 Telecommunication companies listed in India
26 Aug 2026Every Telecommunication constituent in Solomo's 5,576-company NSE and BSE universe, largest by market capitalisation first as of 26 Aug 2026. Each name opens the company page — live price, financials, shareholding history and promoter pledges. The exchange symbol is the NSE symbol where the company has one, otherwise its BSE scrip code. The interactive table above sorts the same 43 companies by any column.
- Bharti Airtel LtdBHARTIARTL₹11,98,774 Cr
- Vodafone Idea LtdIDEA₹1,53,847 Cr
- Indus Towers LtdINDUSTOWER₹1,07,109 Cr
- Bharti Hexacom LtdBHARTIHEXA₹80,313 Cr
- Tata Communications LtdTATACOMM₹52,901 Cr
- Altius Telecom Infrastructure TrustALTIUSINVIT₹51,620 Cr
- HFCL LtdHFCL₹33,275 Cr
- ITI LtdITI₹27,970 Cr
- Sterlite Technologies LtdSTLTECH₹27,843 Cr
- Railtel Corporation of India LtdRAILTEL₹14,908 Cr
- Sigma Advanced System LtdSIGMAADV₹10,375 Cr
- Tejas Networks LtdTEJASNET₹10,043 Cr
- Tata Teleservices (Maharashtra) LtdTTML₹8,066 Cr
- Optiemus Infracom LtdOPTIEMUS₹4,797 Cr
- Pace Digitek LtdPACEDIGITK₹4,666 Cr
- Route Mobile LtdROUTE₹3,442 Cr
- Bondada Engineering LtdBONDADA₹3,407 Cr
- Vindhya Telelinks LtdVINDHYATEL₹2,353 Cr
- Mahanagar Telephone Nigam LtdMTNL₹1,845 Cr
- GTL Infrastructure LtdGTLINFRA₹1,716 Cr
- Valiant Communications LtdVALIANT₹1,268 Cr
- STL Networks LtdSTLNETWORK₹1,250 Cr
- ADC India Communications LtdKRONECOMM₹1,065 Cr
- Suyog Telematics LtdSUYOG₹1,021 Cr
- Sar Televenture LtdSARTELE₹653 Cr
- Birla Cable LtdBIRLACABLE₹571 Cr
- Kavveri Defence & Wireless Technologies LtdKAVDEFENCE₹377 Cr
- Frog Innovations LtdFROG₹276 Cr
- Reliance Communications LtdRCOM₹241 Cr
- Umiya Buildcon LtdUMIYA-MRO₹171 Cr
- Kore Digital LtdKDL₹140 Cr
- GTL LtdGTL₹116 Cr
- Aksh Optifibre LtdAKSHOPTFBR₹102 Cr
- Rama Telecom LtdRTL₹99 Cr
- Steelman Telecom LtdSTML₹71 Cr
- Accord Synergy LtdACCORD₹69 Cr
- Telogica LtdTELOGICA₹66 Cr
- Punjab Communications LtdPUNJCOMMU₹59 Cr
- Tamil Nadu Telecommunications LtdTNTELE₹42 Cr
- Nettlinx LtdNETTLINX₹38 Cr
- Vivo Collaboration Solutions LtdVIVO₹16 Cr
- Uniinfo Telecom Services LtdUNIINFO₹13 Cr
- City Online Services LtdCITYONLINE₹4.15 Cr
Market capitalisation is from Solomo's fundamentals snapshot dated 26 Aug 2026, in ₹ crore; an em dash means the snapshot carries no usable figure for that company. Reference data, not investment advice.