Narrative Update • May 28
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Indian (NIFTY) Trade Distributors Industry Analysis
UpdatedJun 07, 2026
DataAggregated Company Financials
Companies171
- 7D2.7%
- 3M41.8%
- 1Y16.5%
- YTD27.3%
The Trade Distributors industry is up 2.7% in the last week, with Adani Enterprises up 3.7%. Meanwhile, Midwest Energy actually underperformed within the industry, shrinking 18% in the last week. In the last 12 months, the industry was up 17%. Earnings are forecast to grow by 19% annually.
Industry Valuation and Performance
Has the Indian Trade Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 07 Jun 2026 | ₹4.8t | ₹1.5t | ₹121.5b | 24.5x | 39.7x | 3.2x |
| Tue, 05 May 2026 | ₹4.1t | ₹1.5t | ₹120.5b | 23.5x | 33.8x | 2.7x |
| Thu, 02 Apr 2026 | ₹3.1t | ₹1.4t | ₹159.4b | 18.6x | 19.5x | 2.2x |
| Sat, 28 Feb 2026 | ₹3.6t | ₹1.4t | ₹159.6b | 20.7x | 22.3x | 2.5x |
| Mon, 26 Jan 2026 | ₹3.2t | ₹1.4t | ₹105.9b | 24.9x | 30.1x | 2.2x |
| Wed, 24 Dec 2025 | ₹3.4t | ₹1.4t | ₹105.2b | 26.1x | 32.5x | 2.4x |
| Fri, 21 Nov 2025 | ₹3.6t | ₹1.4t | ₹102.7b | 27.8x | 35.2x | 2.7x |
| Sun, 19 Oct 2025 | ₹3.7t | ₹1.4t | ₹85.8b | 30.9x | 43.5x | 2.8x |
| Tue, 16 Sep 2025 | ₹3.6t | ₹1.3t | ₹85.4b | 32.5x | 42.1x | 2.7x |
| Thu, 14 Aug 2025 | ₹3.4t | ₹1.3t | ₹83.5b | 33.2x | 41.1x | 2.6x |
| Sat, 12 Jul 2025 | ₹3.8t | ₹1.4t | ₹90.2b | 32.1x | 42.1x | 2.8x |
| Mon, 09 Jun 2025 | ₹3.7t | ₹1.3t | ₹90.0b | 32.3x | 41.4x | 2.8x |
| Wed, 07 May 2025 | ₹3.4t | ₹1.3t | ₹94.3b | 26.5x | 35.7x | 2.5x |
| Fri, 04 Apr 2025 | ₹3.4t | ₹1.4t | ₹58.0b | 25.6x | 59.2x | 2.5x |
| Sun, 02 Mar 2025 | ₹3.0t | ₹1.4t | ₹58.0b | 27.8x | 52.1x | 2.2x |
| Tue, 28 Jan 2025 | ₹3.3t | ₹1.4t | ₹76.5b | 38.3x | 43.5x | 2.4x |
| Thu, 26 Dec 2024 | ₹3.5t | ₹1.4t | ₹76.1b | 41.5x | 46.1x | 2.6x |
| Sat, 23 Nov 2024 | ₹3.3t | ₹1.4t | ₹77.3b | 35.6x | 43x | 2.4x |
| Mon, 21 Oct 2024 | ₹4.2t | ₹1.3t | ₹60.9b | 38.3x | 69.3x | 3.2x |
| Wed, 18 Sep 2024 | ₹4.1t | ₹1.3t | ₹60.4b | 38.5x | 68.5x | 3.2x |
| Fri, 16 Aug 2024 | ₹4.1t | ₹1.3t | ₹60.2b | 35.3x | 68.5x | 3.2x |
| Sun, 14 Jul 2024 | ₹4.3t | ₹1.3t | ₹53.1b | 36x | 81.5x | 3.4x |
| Tue, 11 Jun 2024 | ₹4.4t | ₹1.3t | ₹53.6b | 36.1x | 82.1x | 3.5x |
| Thu, 09 May 2024 | ₹4.0t | ₹1.2t | ₹52.8b | 32.4x | 75.9x | 3.2x |
| Sat, 06 Apr 2024 | ₹4.4t | ₹1.4t | ₹55.1b | 32.3x | 80.7x | 3.3x |
| Mon, 04 Mar 2024 | ₹4.6t | ₹1.4t | ₹55.2b | 30.7x | 82.9x | 3.4x |
| Wed, 31 Jan 2024 | ₹4.3t | ₹1.4t | ₹44.2b | 33.9x | 97.9x | 3.1x |
| Fri, 29 Dec 2023 | ₹3.9t | ₹1.4t | ₹43.7b | 27.3x | 89.6x | 2.9x |
| Sun, 26 Nov 2023 | ₹3.2t | ₹1.4t | ₹43.7b | 25.3x | 73.1x | 2.3x |
| Tue, 24 Oct 2023 | ₹3.3t | ₹1.5t | ₹60.1b | 23.4x | 54.9x | 2.2x |
| Thu, 21 Sep 2023 | ₹3.5t | ₹1.5t | ₹59.1b | 22.4x | 60.1x | 2.3x |
| Sat, 19 Aug 2023 | ₹3.6t | ₹1.5t | ₹59.2b | 23.5x | 60.8x | 2.4x |
| Mon, 17 Jul 2023 | ₹3.3t | ₹1.7t | ₹55.9b | 28.8x | 59.6x | 2x |
| Wed, 14 Jun 2023 | ₹3.4t | ₹1.7t | ₹56.4b | 28.7x | 60.6x | 2x |
Price to Earnings Ratio
60.6x
Current Industry PE
- Investors are pessimistic on the Indian Trade Distributors industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 39.7x which is lower than its 3-year average PE of 55.5x.
- The 3-year average PS ratio of 2.7x is lower than the industry's current PS ratio of 3.2x.
Past Earnings Growth
- The earnings for companies in the Trade Distributors industry have grown 29% per year over the last three years.
- Meanwhile revenues for these companies have declined 3.2% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Indian Industrials industry?
| IN Market | -0.83% | |
| Industrials | -0.65% | |
| Trade Distributors | 2.69% | |
| Trade Companies and Distributors | 2.69% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 512599 Adani Enterprises | ₹3.05k | 3.7% +₹140.8b | 20.2% | PE43x | |
| 513119 Onix Solar Energy | ₹724.30 | -2.0% ₹8.2b | 156.0% | PE66.4x | |
| MSTCLTD MSTC | ₹512.35 | 16.3% +₹5.1b | -8.2% | PE16.5x | |
| 513377 MMTC | ₹68.00 | 4.7% +₹4.6b | -7.7% | PE26.3x | |
| 524480 Riddhi Siddhi Gluco Biols | ₹818.40 | 23.1% +₹1.1b | 37.3% | PE29.3x |