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Indian (NIFTY) Trade Distributors Industry Analysis

UpdatedMar 26, 2026
DataAggregated Company Financials
Companies165
  • 7D-4.9%
  • 3M-14.5%
  • 1Y-13.9%
  • YTD-15.8%

Over the last 7 days, the Trade Distributors industry has dropped 4.9%, driven by Adani Enterprises declining 6.1%. In contrast, Midwest Gold has gained 18%. Overall the industry is down 14% in 12 months. As for the next few years, earnings are forecast to decline by 19% per annum.

Industry Valuation and Performance

Has the Indian Trade Distributors Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 26 Mar 2026₹3.2t₹1.4t₹159.6b19.1x19.8x2.2x
Sat, 21 Feb 2026₹3.6t₹1.4t₹159.6b21x22.3x2.5x
Mon, 19 Jan 2026₹3.6t₹1.4t₹105.2b25.6x34.4x2.5x
Wed, 17 Dec 2025₹3.4t₹1.4t₹105.1b26.1x32.3x2.4x
Fri, 14 Nov 2025₹3.7t₹1.4t₹101.3b33.6x36.3x2.7x
Sun, 12 Oct 2025₹3.7t₹1.3t₹86.3b30.8x43.3x2.8x
Tue, 09 Sep 2025₹3.5t₹1.3t₹85.4b31.2x40.8x2.6x
Thu, 07 Aug 2025₹3.5t₹1.3t₹83.7b33.1x41.4x2.6x
Sat, 05 Jul 2025₹3.8t₹1.4t₹90.2b33x42.4x2.8x
Mon, 02 Jun 2025₹3.7t₹1.3t₹91.8b29.3x40.3x2.7x
Wed, 30 Apr 2025₹3.4t₹1.4t₹58.2b29.3x57.9x2.5x
Fri, 28 Mar 2025₹3.3t₹1.4t₹58.0b24.5x56.6x2.4x
Sun, 23 Feb 2025₹3.1t₹1.4t₹58.0b29.9x53.6x2.3x
Tue, 21 Jan 2025₹3.6t₹1.4t₹76.2b40.8x47x2.6x
Thu, 19 Dec 2024₹3.6t₹1.4t₹76.1b42x47.7x2.7x
Sat, 16 Nov 2024₹4.0t₹1.4t₹77.6b33.8x51.8x2.9x
Mon, 14 Oct 2024₹4.3t₹1.3t₹60.0b38.1x71.9x3.3x
Wed, 11 Sep 2024₹4.1t₹1.3t₹60.4b36.3x68.6x3.2x
Fri, 09 Aug 2024₹4.4t₹1.3t₹61.4b36.2x72.4x3.4x
Sun, 07 Jul 2024₹4.4t₹1.3t₹53.7b35.9x82x3.5x
Tue, 04 Jun 2024₹4.9t₹1.3t₹54.2b35.2x90.3x3.9x
Thu, 02 May 2024₹4.2t₹1.4t₹55.5b32.9x76.5x3.1x
Sat, 30 Mar 2024₹4.4t₹1.4t₹55.3b29.6x79x3.2x
Mon, 26 Feb 2024₹4.5t₹1.4t₹55.2b30.8x81.5x3.3x
Wed, 24 Jan 2024₹4.1t₹1.4t₹43.7b31.7x92.8x3x
Fri, 22 Dec 2023₹3.9t₹1.4t₹43.7b26.6x89x2.8x
Sun, 19 Nov 2023₹3.2t₹1.4t₹43.3b26.1x73x2.3x
Tue, 17 Oct 2023₹3.5t₹1.5t₹60.5b24.4x58.1x2.3x
Thu, 14 Sep 2023₹3.6t₹1.5t₹59.0b22.7x60.9x2.4x
Sat, 12 Aug 2023₹3.6t₹1.5t₹58.7b27.9x60.8x2.3x
Mon, 10 Jul 2023₹3.3t₹1.7t₹55.9b27.9x59.2x2x
Wed, 07 Jun 2023₹3.4t₹1.7t₹56.4b27.2x59.8x2x
Fri, 05 May 2023₹2.7t₹1.6t₹53.9b26.1x51x1.7x
Sun, 02 Apr 2023₹2.5t₹1.6t₹55.1b19.7x45.4x1.5x
Price to Earnings Ratio

45.4x


Total Market Cap: ₹2.5tTotal Earnings: ₹55.1bTotal Revenue: ₹1.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Trade Distributors Industry Price to Earnings3Y Average 56.9x202420252026
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 19.8x which is lower than its 3-year average PE of 56.9x.
  • The 3-year average PS ratio of 2.7x is higher than the industry's current PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Trade Distributors industry have grown 43% per year over the last three years.
  • Meanwhile revenues for these companies have declined 4.1% 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-1.90%
Industrials-2.65%
Trade Distributors-4.94%
Trade Companies and Distributors-4.94%
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?

CompanyLast Price7D1YValuation
526570 Midwest Gold₹4.83k17.8%
+₹8.8b		1,505.5%PS1709x
512329 SG Mart₹480.959.1%
+₹5.1b		49.8%PE59x
539288 AVI Polymers₹18.57-22.5%
₹1.6b		30.3%PE16.1x
530073 Sanghvi Movers₹266.205.2%
+₹1.1b		14.1%PE13.6x
541276 Hardwyn India₹19.9810.9%
+₹963.0m		76.8%PE83.9x

Latest News

539288
₹18.57
AVI Polymers
7D
-22.5%
1Y
30.3%
INDIAMART
₹2,015.70
IndiaMART InterMESH
7D
-3.9%
1Y
-2.6%

INDIAMART: January 2026 Compliance Actions Will Support Future Earnings Power

Analysts have edged up their fair value estimate for IndiaMART InterMESH from about ₹3,218 to roughly ₹3,236, reflecting small adjustments in assumptions around the discount rate, revenue growth, profit margin, and future P/E. What's in the News The Central Consumer Protection Authority (CCPA) initiated enforcement action on illegal walkie talkie listings across several e commerce platforms, with IndiaMART named among entities where proceedings are still at various stages of investigation or hearing (CCPA order).
SHIVAUM
₹347.30
Shiv Aum Steels
7D
12.8%
1Y
n/a
CNL
₹562.90
Creative Newtech
7D
-7.0%
1Y
-21.1%
HINDWAREAP
₹187.95
Hindware Home Innovation
7D
-7.5%
1Y
-1.8%

Premium Bathware And Appliances Shift Will Support A Stronger Outlook For This Business

Catalysts About Hindware Home Innovation Hindware Home Innovation focuses on bathware, consumer appliances and plastic pipes and fittings across the Indian housing and infrastructure market. What are the underlying business or industry changes driving this perspective?
512599
₹1,886.05
Adani Enterprises
7D
-6.1%
1Y
-18.4%

512599: Data Centre Expansion And Tollways Subsidiary Will Support Future Upside

Analysts have kept the fair value estimate steady at ₹2,870, making only very minor tweaks to inputs such as the discount rate, long-term revenue growth, profit margin and future P/E. This indicates that their overall price target view on Adani Enterprises is essentially unchanged based on the latest assumptions.
512463
₹44.44
Lloyds Enterprises
7D
-6.4%
1Y
6.3%
526570
₹4,825.35
Midwest Gold
7D
17.8%
1Y
1,505.5%
541276
₹19.98
Hardwyn India
7D
10.9%
1Y
76.8%
540980
₹27,950.00
Yamuna Syndicate
7D
6.7%
1Y
-23.5%
MSTCLTD
₹399.80
MSTC
7D
-6.3%
1Y
-22.3%

MSTC (NSE:MSTCLTD) Has Announced A Dividend Of ₹7.60

Feb 16
MSTC (NSE:MSTCLTD) Has Announced A Dividend Of ₹7.60
513377
₹56.96
MMTC
7D
-9.7%
1Y
8.5%
512329
₹480.95
SG Mart
7D
9.1%
1Y
49.8%
530073
₹266.20
Sanghvi Movers
7D
5.2%
1Y
14.1%
512014
₹796.50
Sobhagya Mercantile
7D
8.8%
1Y
124.3%
512531
₹104.75
State Trading Corporation of India
7D
-8.3%
1Y
-11.4%