Narrative Update • May 24

Over the last 7 days, the Retail Distributors industry has remained flat, although notably SMT Engineering gained 22%. Unfortunately though, the industry is down 18% over the past 12 months. Earnings are forecast to grow by 22% annually.
Has the Indian Retail Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 06 Jun 2026 | ₹159.9b | ₹289.2b | ₹10.5b | 27.5x | 15.2x | 0.6x |
| Mon, 04 May 2026 | ₹169.3b | ₹281.0b | ₹9.8b | 25.2x | 17.2x | 0.6x |
| Wed, 01 Apr 2026 | ₹152.3b | ₹220.0b | ₹8.5b | 19.3x | 17.8x | 0.7x |
| Fri, 27 Feb 2026 | ₹176.7b | ₹220.5b | ₹8.6b | 20.4x | 20.6x | 0.8x |
| Sun, 25 Jan 2026 | ₹168.3b | ₹210.0b | ₹7.6b | 28.1x | 22.2x | 0.8x |
| Tue, 23 Dec 2025 | ₹196.7b | ₹155.4b | ₹6.5b | 28.5x | 30.5x | 1.3x |
| Thu, 20 Nov 2025 | ₹197.0b | ₹155.5b | ₹6.4b | 29.2x | 30.8x | 1.3x |
| Sat, 18 Oct 2025 | ₹204.6b | ₹156.0b | ₹5.9b | 30.5x | 34.4x | 1.3x |
| Mon, 15 Sep 2025 | ₹209.4b | ₹155.6b | ₹6.1b | 28.8x | 34.5x | 1.3x |
| Wed, 13 Aug 2025 | ₹207.9b | ₹118.0b | ₹5.3b | 29.4x | 39.5x | 1.8x |
| Fri, 11 Jul 2025 | ₹173.9b | ₹85.4b | ₹4.4b | 30x | 39.6x | 2x |
| Sun, 08 Jun 2025 | ₹153.2b | ₹87.0b | ₹4.5b | 30.5x | 33.7x | 1.8x |
| Tue, 06 May 2025 | ₹133.4b | ₹82.0b | ₹4.3b | 27.4x | 31.4x | 1.6x |
| Thu, 03 Apr 2025 | ₹107.9b | ₹81.2b | ₹4.3b | 24.6x | 25.3x | 1.3x |
| Sat, 01 Mar 2025 | ₹103.3b | ₹80.6b | ₹4.2b | 25x | 24.3x | 1.3x |
| Mon, 27 Jan 2025 | ₹112.9b | ₹76.3b | ₹4.1b | 33.5x | 27.3x | 1.5x |
| Wed, 25 Dec 2024 | ₹125.3b | ₹76.9b | ₹4.0b | 36.4x | 31.2x | 1.6x |
| Fri, 22 Nov 2024 | ₹112.8b | ₹76.7b | ₹4.1b | 34.8x | 27.8x | 1.5x |
| Sun, 20 Oct 2024 | ₹111.8b | ₹72.2b | ₹3.8b | 38.5x | 29.6x | 1.5x |
| Tue, 17 Sep 2024 | ₹120.3b | ₹73.0b | ₹3.8b | 36.9x | 31.8x | 1.6x |
| Thu, 15 Aug 2024 | ₹111.7b | ₹65.0b | ₹3.2b | 47.5x | 34.8x | 1.7x |
| Sat, 13 Jul 2024 | ₹114.5b | ₹68.5b | ₹3.1b | 47.5x | 37.4x | 1.7x |
| Mon, 10 Jun 2024 | ₹97.8b | ₹71.7b | ₹3.1b | 44x | 31.7x | 1.4x |
| Wed, 08 May 2024 | ₹107.2b | ₹71.4b | ₹3.2b | 35.9x | 33.6x | 1.5x |
| Fri, 05 Apr 2024 | ₹108.8b | ₹70.4b | ₹3.0b | 38.9x | 35.8x | 1.5x |
| Sun, 03 Mar 2024 | ₹108.4b | ₹67.0b | ₹3.0b | 42.3x | 36.7x | 1.6x |
| Tue, 30 Jan 2024 | ₹117.1b | ₹64.3b | ₹3.7b | 43.8x | 31.8x | 1.8x |
| Thu, 28 Dec 2023 | ₹106.9b | ₹65.0b | ₹3.9b | 37.1x | 27.5x | 1.6x |
| Sat, 25 Nov 2023 | ₹93.6b | ₹64.8b | ₹3.8b | 36.2x | 24.4x | 1.4x |
| Mon, 23 Oct 2023 | ₹86.5b | ₹101.6b | ₹1.1b | 36.6x | 77.4x | 0.9x |
| Wed, 20 Sep 2023 | ₹85.3b | ₹91.5b | ₹998.9m | 37.4x | 85.4x | 0.9x |
| Fri, 18 Aug 2023 | ₹82.2b | ₹95.0b | ₹1.0b | 34.4x | 81.2x | 0.9x |
| Sun, 16 Jul 2023 | ₹79.9b | ₹56.7b | ₹3.4b | 41x | 23.7x | 1.4x |
| Tue, 13 Jun 2023 | ₹79.1b | ₹56.3b | ₹3.2b | 40.9x | 24.5x | 1.4x |
24.5x
Which industries have driven the changes within the Indian Consumer Discretionary industry?
| IN Market | -0.83% | |
| Consumer Discretionary | 0.13% | |
| Retail Distributors | -0.82% | |
| Distributors | -0.82% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 538563 SMT Engineering | ₹428.80 | 22.1% +₹1.4b | 2,743.5% | PE33.6x | |
| 512008 EFC (I) | ₹187.30 | 3.5% +₹871.7m | -43.2% | PE11.1x | |
| GRETEX Gretex Industries | ₹251.00 | 7.4% +₹255.6m | 0.4% | PE235x | |
| 539767 Mega Nirman & Industries | ₹45.85 | 20.3% +₹198.5m | 87.4% | n/a | |
| 535620 Binny Mills | ₹330.05 | 16.2% +₹118.7m | n/a | PS10x |