Narrative Update • Aug 13
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Indian (NIFTY) Technology Distributors Industry Analysis
UpdatedSep 02, 2026
DataAggregated Company Financials
Companies35
- 7D-0.7%
- 3M37.3%
- 1Y34.2%
- YTDn/a
Over the last 7 days, the Technology Distributors industry has dropped 2.5%, driven by a pullback from Redington of 0.9%. This takes the industry's 12 month performance to a gain of 37%. As for the next few years, earnings are expected to grow by 16% per annum.
Industry Valuation and Performance
Has the Indian Technology Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 02 Sep 2026 | ₹427.3b | ₹1.6t | ₹23.0b | 15.8x | 18.6x | 0.3x |
| Fri, 31 Jul 2026 | ₹400.4b | ₹1.5t | ₹22.2b | 15.9x | 18.1x | 0.3x |
| Sun, 28 Jun 2026 | ₹368.3b | ₹1.4t | ₹20.0b | 18.5x | 18.4x | 0.3x |
| Tue, 26 May 2026 | ₹298.8b | ₹1.4t | ₹20.0b | 22.9x | 15x | 0.2x |
| Thu, 23 Apr 2026 | ₹294.1b | ₹1.3t | ₹22.3b | 24.3x | 13.2x | 0.2x |
| Sat, 21 Mar 2026 | ₹264.7b | ₹1.3t | ₹22.3b | 22x | 11.9x | 0.2x |
| Mon, 16 Feb 2026 | ₹310.5b | ₹1.3t | ₹22.3b | 23.4x | 13.9x | 0.2x |
| Wed, 14 Jan 2026 | ₹325.4b | ₹1.3t | ₹21.5b | 25.6x | 15.1x | 0.3x |
| Fri, 12 Dec 2025 | ₹336.1b | ₹1.3t | ₹21.5b | 30.2x | 15.7x | 0.3x |
| Sun, 09 Nov 2025 | ₹352.2b | ₹1.3t | ₹21.4b | 26.6x | 16.5x | 0.3x |
| Tue, 07 Oct 2025 | ₹351.2b | ₹1.2t | ₹20.5b | 26.2x | 17.1x | 0.3x |
| Thu, 04 Sep 2025 | ₹313.5b | ₹1.2t | ₹20.5b | 23.4x | 15.3x | 0.3x |
| Sat, 02 Aug 2025 | ₹320.8b | ₹1.3t | ₹20.5b | 21.3x | 15.6x | 0.3x |
| Mon, 30 Jun 2025 | ₹378.0b | ₹1.2t | ₹20.2b | 24.2x | 18.7x | 0.3x |
| Wed, 28 May 2025 | ₹321.0b | ₹1.2t | ₹20.3b | 24.7x | 15.8x | 0.3x |
| Fri, 25 Apr 2025 | ₹302.7b | ₹1.2t | ₹16.8b | 23x | 18x | 0.3x |
| Sun, 23 Mar 2025 | ₹296.2b | ₹1.2t | ₹16.8b | 22.5x | 17.7x | 0.3x |
| Tue, 18 Feb 2025 | ₹294.4b | ₹1.2t | ₹16.7b | 25.2x | 17.7x | 0.3x |
| Thu, 16 Jan 2025 | ₹294.5b | ₹1.1t | ₹15.8b | 24.2x | 18.6x | 0.3x |
| Sat, 14 Dec 2024 | ₹313.1b | ₹1.1t | ₹15.8b | 24.6x | 19.8x | 0.3x |
| Mon, 11 Nov 2024 | ₹284.1b | ₹1.1t | ₹15.7b | 28.3x | 18.1x | 0.3x |
| Wed, 09 Oct 2024 | ₹275.4b | ₹1.1t | ₹15.3b | 23.6x | 18x | 0.3x |
| Fri, 06 Sep 2024 | ₹284.1b | ₹1.1t | ₹14.1b | 26.1x | 20.1x | 0.3x |
| Sun, 04 Aug 2024 | ₹275.2b | ₹1.1t | ₹13.9b | 29x | 19.8x | 0.3x |
| Tue, 02 Jul 2024 | ₹263.6b | ₹1.1t | ₹13.9b | 25.6x | 18.9x | 0.2x |
| Thu, 30 May 2024 | ₹234.8b | ₹1.1t | ₹13.7b | 36.5x | 17.2x | 0.2x |
| Sat, 27 Apr 2024 | ₹254.4b | ₹1.1t | ₹13.3b | 31.3x | 19.1x | 0.2x |
| Mon, 25 Mar 2024 | ₹236.7b | ₹1.1t | ₹13.3b | 24.6x | 17.8x | 0.2x |
| Wed, 21 Feb 2024 | ₹249.1b | ₹1.1t | ₹13.3b | 30.5x | 18.7x | 0.2x |
| Fri, 19 Jan 2024 | ₹197.1b | ₹945.7b | ₹12.5b | 55x | 15.7x | 0.2x |
| Sun, 17 Dec 2023 | ₹197.5b | ₹945.5b | ₹12.6b | 53.6x | 15.7x | 0.2x |
| Tue, 14 Nov 2023 | ₹183.0b | ₹962.5b | ₹12.8b | 56.4x | 14.3x | 0.2x |
| Thu, 12 Oct 2023 | ₹179.1b | ₹929.2b | ₹13.8b | 39.1x | 13x | 0.2x |
| Sat, 09 Sep 2023 | ₹187.8b | ₹928.8b | ₹13.7b | 51.2x | 13.7x | 0.2x |
Price to Earnings Ratio
13.7x
Current Industry PE
- Investors are optimistic on the Indian Technology Distributors industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 18.8x which is higher than its 3-year average PE of 16.7x.
- The industry is trading close to its 3-year average PS ratio of 0.24x.
Past Earnings Growth
- The earnings for companies in the Technology Distributors industry have grown 19% per year over the last three years.
- Revenues for these companies have grown 19% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Technology Distributors compare with similar industries?
| IN Market | -1.09% | |
| Tech | 1.71% | |
| Electronic Equipment and Components | -0.084% | |
| Technology Distributors | -0.70% | |
| Electronic Components | 3.41% | |
| Electronic Equipment and Instruments | 2.05% | |
| Electronic Manufacturing Services | -2.16% | |
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 | |
|---|---|---|---|---|---|
| REDINGTON Redington | ₹363.20 | 2.5% +₹7.0b | 53.1% | PE16.7x | |
| RPTECH Rashi Peripherals | ₹806.10 | 3.5% +₹1.8b | 182.6% | PE16.7x | |
| DLINKINDIA D-Link (India) | ₹447.85 | 0.9% +₹143.8m | -8.8% | PE14.8x | |
| 540570 Variman Global Enterprises | ₹4.90 | 16.9% +₹138.2m | -62.3% | PE28.7x | |
| SLONE Slone Infosystems | ₹170.50 | 8.0% +₹66.9m | -39.2% | PE10x |