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Indian (NIFTY) Electronic Equipment and Components Industry Analysis

UpdatedJul 11, 2026
DataAggregated Company Financials
Companies74
  • 7D0.6%
  • 3M37.0%
  • 1Y-0.6%
  • YTD33.6%

Over the last 7 days, the Electronic Equipment and Components industry has remained flat, although notably Syrma SGS Technology gained 5.5%. In line with that, the industry has also been flat over the past 12 months. Looking forward, earnings are forecast to grow by 26% annually.

Industry Valuation and Performance

Has the Indian Electronic Equipment and Components Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 11 Jul 2026₹2.5t₹1.8t₹53.6b33x45.8x1.3x
Mon, 08 Jun 2026₹2.2t₹1.8t₹53.9b29.8x41x1.2x
Wed, 06 May 2026₹2.0t₹1.7t₹53.7b33.7x37.7x1.2x
Fri, 03 Apr 2026₹1.6t₹1.7t₹53.8b24.5x30.6x1x
Sun, 01 Mar 2026₹1.8t₹1.7t₹53.5b26.7x33.3x1x
Tue, 27 Jan 2026₹1.6t₹1.6t₹50.3b27.8x31.6x1x
Thu, 25 Dec 2025₹1.8t₹1.6t₹50.0b38.8x35.8x1.1x
Sat, 22 Nov 2025₹2.0t₹1.6t₹50.7b40.4x39.5x1.2x
Mon, 20 Oct 2025₹2.1t₹1.6t₹49.4b39.2x41.6x1.3x
Wed, 17 Sep 2025₹2.1t₹1.6t₹49.0b44.4x42.8x1.3x
Fri, 15 Aug 2025₹1.9t₹1.6t₹48.6b36.9x38.4x1.2x
Sun, 13 Jul 2025₹1.9t₹1.5t₹43.1b38.7x44x1.3x
Tue, 10 Jun 2025₹1.8t₹1.5t₹43.1b35.9x42x1.2x
Thu, 08 May 2025₹1.7t₹1.4t₹35.7b37.1x47x1.2x
Sat, 05 Apr 2025₹1.5t₹1.4t₹35.3b36.6x43.1x1.1x
Mon, 03 Mar 2025₹1.5t₹1.4t₹35.3b36.1x41.2x1x
Wed, 29 Jan 2025₹1.7t₹1.4t₹34.9b51.5x48.3x1.2x
Fri, 27 Dec 2024₹2.2t₹1.4t₹34.8b63.1x62.2x1.6x
Sun, 24 Nov 2024₹1.9t₹1.4t₹34.7b56.2x54.4x1.4x
Tue, 22 Oct 2024₹1.9t₹1.3t₹32.4b54.4x58.7x1.5x
Thu, 19 Sep 2024₹1.9t₹1.3t₹30.8b49.4x60.6x1.4x
Sat, 17 Aug 2024₹1.8t₹1.3t₹30.9b45.7x57.9x1.3x
Mon, 15 Jul 2024₹1.7t₹1.3t₹29.1b50.2x59.1x1.3x
Wed, 12 Jun 2024₹1.5t₹1.3t₹28.9b46.6x52.3x1.2x
Fri, 10 May 2024₹1.3t₹1.3t₹31.5b51.3x41.4x1x
Sun, 07 Apr 2024₹1.3t₹1.3t₹31.4b52x42.2x1.1x
Tue, 05 Mar 2024₹1.3t₹1.3t₹31.4b54x42.1x1.1x
Thu, 01 Feb 2024₹1.3t₹1.1t₹30.3b54.4x41.3x1.1x
Sat, 30 Dec 2023₹1.2t₹1.1t₹29.7b53.7x39.9x1.1x
Mon, 27 Nov 2023₹1.1t₹1.1t₹29.7b53x38x1x
Wed, 25 Oct 2023₹1.1t₹1.1t₹30.1b52.4x36.7x1x
Fri, 22 Sep 2023₹1.1t₹1.1t₹29.7b50.1x36.8x1x
Sun, 20 Aug 2023₹1.0t₹1.1t₹29.4b51.1x34.3x0.9x
Tue, 18 Jul 2023₹1.0t₹1.0t₹28.8b46.4x36x1x
Price to Earnings Ratio

36x


Total Market Cap: ₹1.0tTotal Earnings: ₹28.8bTotal Revenue: ₹1.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Electronic Equipment and Components Industry Price to Earnings3Y Average 43.7x202420252026
Current Industry PE
  • Investors are relatively neutral on the Indian Electronic industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 43.7x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Electronic industry have grown 23% per year over the last three years.
  • Revenues for these companies have grown 21% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Indian Tech industry?

IN Market0.26%
Tech1.03%
Electronic Equipment and Components0.60%
Technology Distributors1.84%
Electronic Manufacturing Services1.56%
Electronic Components0.98%
Electronic Equipment and Instruments-0.92%
Industry PE
  • Investors are most optimistic about the Electronic Manufacturing Services industry even though it's trading below its 3-year average PE ratio of 87.7x.
    • Analysts are expecting annual earnings growth of 28.0%, which is lower than the prior year's growth of 52.3% per year.
  • Investors are most pessimistic about the Technology Distributors industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 16.4x.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Manufacturing Services industry, expecting annual earnings growth of 28% over the next 5 years.
  • However this is lower than its past earnings growth rate of 52% per year.
  • In contrast, the Technology Distributors industry is expected to see its earnings grow by 18% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SYRMA Syrma SGS Technology₹1.45k5.5%
+₹14.6b		114.0%PE88x
CPPLUS Aditya Infotech₹3.66k2.1%
+₹8.7b		n/aPE117.3x
533581 PG Electroplast₹583.153.7%
+₹5.9b		-24.0%PE84.7x
REDINGTON Redington₹280.402.0%
+₹4.2b		-6.5%PE14.7x
CYIENTDLM Cyient DLM₹545.657.1%
+₹2.9b		13.0%PE59.1x

Latest News

CPPLUS
₹3,662.40
Aditya Infotech
7D
2.1%
1Y
n/a
517174
₹38,159.50
Honeywell Automation India
7D
-3.5%
1Y
-5.3%
AIMTRON
₹1,389.90
Aimtron Electronics
7D
5.9%
1Y
75.6%
533581
₹583.15
PG Electroplast
7D
3.7%
1Y
-24.0%
Narrative Update • Jul 09

533581: Trimmed Future P/E Will Constrain Prospective Upside From Current Levels

Analysts have trimmed their fair value estimate for PG Electroplast from ₹568 to ₹479, reflecting updated assumptions around revenue growth, profit margins, and a lower future P/E multiple in their valuation models. What’s in the News for PG Electroplast PG Electroplast Limited recommended a final dividend of ₹0.25 per equity share, described as 25% of the face value, according to a key corporate event filing.
AVALON
₹1,768.10
Avalon Technologies
7D
-1.1%
1Y
106.6%
Narrative Update • Jul 07

AVALON: Upcoming Board Review And ESOP Allotment Will Support Future Earnings Confidence

The analyst price target for Avalon Technologies has been revised from ₹1,722 to approximately ₹1,985. Analysts cite updated assumptions around discount rate, revenue growth, profit margin and future P/E levels as key drivers of the change.
CYIENTDLM
₹545.65
Cyient DLM
7D
7.1%
1Y
13.0%
Narrative Update • Jul 07

CYIENTDLM: Higher Revenue Outlook And Premium Future P/E Will Drive Upside

Analysts have lifted their price target for Cyient DLM from ₹510.00 to ₹613.92, reflecting updated assumptions that include a revenue growth rate of 24.36%, a future P/E of 40.60 and a profit margin of 7.53% within a revised valuation framework. What's in the News No recent Cyient DLM specific news items or key developments were identified from the provided sources.
REDINGTON
₹280.40
Redington
7D
2.0%
1Y
-6.5%
Narrative Update • Jul 07

REDINGTON: Refurbished Device Distribution Partnership Will Drive Future Upside

Analysts have raised their price target on Redington from ₹310 to ₹379, as they now apply slightly higher revenue growth expectations and a modestly lower future P/E multiple, while assuming a broadly similar discount rate and profit margin profile. What’s in the News for Redington GNG Electronics Limited announced a distribution partnership under which Redington will handle nationwide distribution of Electronics Bazaar’s refurbished laptops, desktops and enterprise systems across India.
RPTECH
₹783.05
Rashi Peripherals
7D
3.3%
1Y
160.6%
SYRMA
₹1,451.90
Syrma SGS Technology
7D
5.5%
1Y
114.0%
Narrative Update • Jul 06

SYRMA: Joint Venture Execution Risk Will Challenge Rich Future P/E

Analysts have lifted their price target on Syrma SGS Technology from ₹820 to ₹940, pointing to updated assumptions that reflect a slightly higher discount rate, marginally lower revenue growth, improved profit margin forecasts, and a modestly lower future P/E multiple. What’s in the News for Syrma SGS Technology The Board has appointed Mr. Jaidit Singh Brar as Chief Executive Officer of Syrma SGS Technology, effective June 29, 2026.
522295
₹644.70
Control Print
7D
-6.1%
1Y
-22.7%
DLINKINDIA
₹506.45
D-Link (India)
7D
-3.5%
1Y
-7.4%
KERNEX
₹2,157.50
Kernex Microsystems (India)
7D
-9.3%
1Y
86.7%
530343
₹316.85
Genus Power Infrastructures
7D
-1.6%
1Y
-12.5%
Narrative Update • Jun 19

530343: Future Order Conversions And Executable Pipeline Will Support Further Upside

Analysts have kept their price target for Genus Power Infrastructures steady at ₹550, reflecting updated assumptions around a slightly higher discount rate, more moderate revenue expectations, softer profit margins, and a higher future P/E multiple. What’s in the News for Genus Power Infrastructures Genus Power Infrastructures has been shortlisted as one of four bidders in the final round for the proposed sale of IntelliSmart Infrastructure, with due diligence underway and binding bids expected by mid June, according to ET.
VINYAS
₹1,388.60
Vinyas Innovative Technologies
7D
-8.8%
1Y
10.3%
530135
₹540.90
Optiemus Infracom
7D
4.0%
1Y
-9.6%
SEDEMAC
₹2,745.40
SEDEMAC Mechatronics
7D
-4.2%
1Y
n/a