Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Indian (NIFTY) Electronic Equipment and Components Industry Analysis

UpdatedAug 26, 2026
DataAggregated Company Financials
Companies76
  • 7D1.7%
  • 3M28.4%
  • 1Y32.5%
  • YTD44.5%

Redington is up 8.1%, leading the way for the Electronic Equipment and Components industry, which has gained 2.9%. This takes the industry's 12 month performance to a gain of 31%. As for the next few years, earnings are expected to grow by 25% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 26 Aug 2026₹2.8t₹2.0t₹59.8b28.3x46.2x1.4x
Fri, 24 Jul 2026₹2.6t₹1.8t₹53.7b31.1x48.1x1.4x
Sun, 21 Jun 2026₹2.4t₹1.8t₹53.9b33.2x44.5x1.3x
Tue, 19 May 2026₹1.9t₹1.8t₹52.8b32.9x35.6x1x
Thu, 16 Apr 2026₹1.9t₹1.7t₹53.8b30.6x35.1x1.1x
Sat, 14 Mar 2026₹1.6t₹1.7t₹53.5b25.6x30.1x0.9x
Mon, 09 Feb 2026₹1.7t₹1.7t₹52.4b30.7x33.4x1x
Wed, 07 Jan 2026₹1.8t₹1.6t₹50.0b33x35.7x1.1x
Fri, 05 Dec 2025₹1.9t₹1.6t₹50.0b41.4x37.6x1.1x
Sun, 02 Nov 2025₹2.0t₹1.6t₹49.4b40.5x40.9x1.3x
Tue, 30 Sep 2025₹2.0t₹1.6t₹49.0b38.2x41.3x1.3x
Thu, 28 Aug 2025₹1.9t₹1.6t₹48.9b41.2x39.3x1.2x
Sat, 26 Jul 2025₹1.9t₹1.5t₹43.4b40.1x42.9x1.2x
Mon, 23 Jun 2025₹1.8t₹1.5t₹43.1b35.2x41.3x1.2x
Wed, 21 May 2025₹1.8t₹1.4t₹36.8b48.2x48.1x1.2x
Fri, 18 Apr 2025₹1.7t₹1.4t₹35.3b39.8x47.3x1.2x
Sun, 16 Mar 2025₹1.5t₹1.4t₹35.3b37.1x41.5x1x
Tue, 11 Feb 2025₹1.7t₹1.4t₹36.4b48.5x47.8x1.2x
Thu, 09 Jan 2025₹2.2t₹1.4t₹34.8b62.9x62.1x1.6x
Sat, 07 Dec 2024₹2.0t₹1.4t₹34.8b55.6x57.9x1.5x
Mon, 04 Nov 2024₹1.9t₹1.4t₹34.0b58.5x56.1x1.4x
Wed, 02 Oct 2024₹1.9t₹1.3t₹32.1b48.8x58.1x1.4x
Fri, 30 Aug 2024₹1.8t₹1.3t₹30.9b45.8x58.8x1.4x
Sun, 28 Jul 2024₹1.7t₹1.3t₹29.9b49.9x58.5x1.3x
Tue, 25 Jun 2024₹1.6t₹1.3t₹28.9b45.3x56.6x1.3x
Thu, 23 May 2024₹1.5t₹1.3t₹32.4b57x46.2x1.2x
Sat, 20 Apr 2024₹1.3t₹1.3t₹31.3b52x43x1.1x
Mon, 18 Mar 2024₹1.2t₹1.3t₹31.4b51.2x39.4x1x
Wed, 14 Feb 2024₹1.3t₹1.2t₹30.7b49.6x40.8x1.1x
Fri, 12 Jan 2024₹1.2t₹1.1t₹29.7b56.5x39.5x1x
Sun, 10 Dec 2023₹1.1t₹1.1t₹29.7b53.6x38x1x
Tue, 07 Nov 2023₹1.1t₹1.1t₹30.4b54.8x36.5x1x
Thu, 05 Oct 2023₹1.1t₹1.1t₹29.7b47.2x37.9x1x
Sat, 02 Sep 2023₹1.1t₹1.1t₹29.5b59.8x36.6x1x
Price to Earnings Ratio

36.6x


Total Market Cap: ₹1.1tTotal Earnings: ₹29.5bTotal Revenue: ₹1.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Electronic Equipment and Components Industry Price to Earnings3Y Average 44.2x202420252026
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 44.2x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Electronic industry have grown 27% per year over the last three years.
  • Revenues for these companies have grown 22% 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 Market0.48%
Tech0.95%
Electronic Equipment and Components1.72%
Technology Distributors5.12%
Electronic Equipment and Instruments2.78%
Electronic Manufacturing Services-0.087%
Electronic Components-2.63%
Industry PE
  • Investors are most optimistic about the Electronic Manufacturing Services industry, which is trading close to its 3-year average PE ratio of 88.0x.
    • Analysts are expecting annual earnings growth of 29.2%, which is lower than the prior year's growth of 58.9% 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 16.7x.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Manufacturing Services industry, expecting annual earnings growth of 29% over the next 5 years.
  • However this is lower than its past earnings growth rate of 59% per year.
  • In contrast, the Technology Distributors industry is expected to see its earnings grow by 16% 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
REDINGTON Redington₹352.658.1%
+₹20.6b		51.0%PE16.2x
KAYNES Kaynes Technology India₹3.94k8.0%
+₹19.6b		-36.5%PE76.3x
504375 IDream Film Infrastructure₹649.508.3%
+₹13.6b		286.5%n/a
CPPLUS Aditya Infotech₹3.39k1.5%
+₹6.1b		164.5%PE83.8x
530343 Genus Power Infrastructures₹335.506.7%
+₹5.9b		-4.5%PE14.2x

Latest News

KAYNES
₹3,936.00
Kaynes Technology India
7D
8.0%
1Y
-36.5%
Narrative Update • Aug 24

KAYNES: Rich Future P/E Will Outweigh Benefits Of BOSGAME Partnership

Analysts have revised their price target for Kaynes Technology India from ₹2,668.05 to ₹2,790.00, citing updated assumptions on revenue growth, profit margins, and forward P/E expectations. What's in the News Kaynes Technology India signed a Memorandum of Understanding with BOSGAME to support BOSGAME’s entry into the Indian market, combining BOSGAME’s intelligent computing portfolio with Kaynes Technology’s electronics design, engineering, manufacturing, testing, supply chain and lifecycle support capabilities.
533581
₹589.95
PG Electroplast
7D
-1.3%
1Y
5.8%
Narrative Update • Aug 23

533581: New Subsidiary Capacity And Asset Shift Will Drive Repricing Potential

The analyst price target for PG Electroplast has been revised from ₹607.56 to ₹690.50, with analysts attributing the change to updated assumptions on the discount rate, revenue growth, profit margin, and future P/E. What’s in the News for PG Electroplast A board meeting is scheduled on Aug 06, 2026 at 16:30 Indian Standard Time to consider unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, along with limited review reports.
CYIENTDLM
₹769.35
Cyient DLM
7D
4.5%
1Y
79.6%
Narrative Update • Aug 20

CYIENTDLM: Softer Margins And Subsidiary Board Changes Will Pressure Sentiment

Analysts have lifted their price target on Cyient DLM from ₹350 to ₹380, reflecting updated assumptions for the discount rate, revenue growth, profit margin and future P/E that support a slightly higher valuation. What's in the News for Cyient DLM Cyient DLM has scheduled a board meeting on Jul 21, 2026 at 14:00 Indian Standard Time.
AVALON
₹2,111.50
Avalon Technologies
7D
-3.9%
1Y
150.3%
Narrative Update • Aug 20

AVALON: Fair Value View Links Board Results To Earnings Power

Avalon Technologies' analyst fair value estimate has been revised from ₹2,211 to ₹2,400, reflecting updated assumptions on growth, margins and discount rate that align with analysts' more constructive macro backdrop and earnings expectations. What’s in the News for Avalon Technologies Avalon Technologies has scheduled a board meeting for August 4, 2026.
SYRMA
₹1,458.10
Syrma SGS Technology
7D
-2.8%
1Y
100.3%
Narrative Update • Aug 18

SYRMA: JV Expansion And Leadership Changes Will Shape Measured Forward Outlook

Analysts have raised the Syrma SGS Technology price target from ₹1,175.08 to ₹1,511.63, citing updated assumptions related to revenue growth, profit margins, a slightly lower discount rate, and a modestly reduced future P/E multiple. What’s in the News for Syrma SGS Technology A board meeting is scheduled for July 29, 2026 to review unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, along with a limited review report.
530343
₹335.50
Genus Power Infrastructures
7D
6.7%
1Y
-4.5%
Narrative Update • Aug 17

530343: Upcoming Board Meeting And FY27 Guidance Will Support Bullish Outlook

Analysts have trimmed their price target for Genus Power Infrastructures from ₹437.50 to ₹395.00 as they now apply a slightly higher discount rate and more measured assumptions for future revenue growth, profit margins and P/E multiples. What's in the News Genus Power Infrastructures has scheduled a board meeting on Aug 13, 2026 to consider and approve unaudited standalone and consolidated financial results for the quarter ended Jun 30, 2026.
517544
₹3,271.20
Centum Electronics
7D
-4.5%
1Y
19.8%
Narrative Update • Aug 17

517544: Upcoming Results Review Will Test Higher Margin And P/E Assumptions

Analysts have raised their price target on Centum Electronics from ₹3,000 to ₹3,875, citing updated assumptions on revenue growth and profit margins, as well as a higher future P/E multiple. What’s in the News for Centum Electronics Centum Electronics has scheduled a board meeting on August 13, 2026.
SEDEMAC
₹3,081.80
SEDEMAC Mechatronics
7D
-5.0%
1Y
n/a
CPPLUS
₹3,393.50
Aditya Infotech
7D
1.5%
1Y
164.5%
REDINGTON
₹352.65
Redington
7D
8.1%
1Y
51.0%
Narrative Update • Aug 13

REDINGTON: New Partnerships And AI Cloud Focus Will Drive Future Upside

Analysts have raised their price target on Redington from ₹379 to ₹409 as they update their models to reflect a slightly lower revenue growth assumption, modestly higher profit margins, a small adjustment in the discount rate, and a marginal change in the expected future P/E. What’s in the News for Redington Redington scheduled a board meeting on July 29, 2026 to consider and approve unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.
WEL
₹134.02
Wonder Electricals
7D
-8.4%
1Y
2.2%
530135
₹596.00
Optiemus Infracom
7D
7.8%
1Y
5.4%
504375
₹649.50
IDream Film Infrastructure
7D
8.3%
1Y
286.5%
RPTECH
₹779.45
Rashi Peripherals
7D
-9.5%
1Y
175.6%
517174
₹36,610.60
Honeywell Automation India
7D
0.8%
1Y
-3.1%
AIMTRON
₹1,669.55
Aimtron Electronics
7D
-4.2%
1Y
146.6%