Narrative Update • Jul 07
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Indian (NIFTY) Technology Distributors Industry Analysis
UpdatedJul 20, 2026
DataAggregated Company Financials
Companies35
- 7D-1.5%
- 3M23.8%
- 1Y-3.4%
- YTDn/a
Over the last 7 days, the Technology Distributors industry has dropped 1.5%, driven by Redington declining 1.9%. In contrast, Optiemus Infracom has gained 8.7%. Overall the industry is down 3.4% in 12 months. Earnings are forecast to grow by 18% annually.
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 |
|---|---|---|---|---|---|---|
| Mon, 20 Jul 2026 | ₹363.5b | ₹1.4t | ₹20.0b | 16.1x | 18.1x | 0.3x |
| Wed, 17 Jun 2026 | ₹321.6b | ₹1.4t | ₹20.0b | 17.4x | 16.1x | 0.2x |
| Fri, 15 May 2026 | ₹290.7b | ₹1.3t | ₹22.3b | 24.2x | 13x | 0.2x |
| Sun, 12 Apr 2026 | ₹281.3b | ₹1.3t | ₹22.3b | 22.6x | 12.6x | 0.2x |
| Tue, 10 Mar 2026 | ₹277.7b | ₹1.3t | ₹22.3b | 20.7x | 12.5x | 0.2x |
| Thu, 05 Feb 2026 | ₹330.7b | ₹1.3t | ₹21.9b | 24.3x | 15.1x | 0.3x |
| Sat, 03 Jan 2026 | ₹334.4b | ₹1.3t | ₹21.5b | 25.9x | 15.5x | 0.3x |
| Mon, 01 Dec 2025 | ₹339.7b | ₹1.3t | ₹21.5b | 31.5x | 15.8x | 0.3x |
| Wed, 29 Oct 2025 | ₹333.2b | ₹1.2t | ₹20.5b | 25.8x | 16.2x | 0.3x |
| Fri, 26 Sep 2025 | ₹349.0b | ₹1.2t | ₹20.5b | 25x | 17x | 0.3x |
| Sun, 24 Aug 2025 | ₹313.9b | ₹1.2t | ₹20.5b | 21.4x | 15.3x | 0.3x |
| Tue, 22 Jul 2025 | ₹363.8b | ₹1.2t | ₹20.2b | 23.2x | 18x | 0.3x |
| Thu, 19 Jun 2025 | ₹362.0b | ₹1.2t | ₹20.2b | 24.9x | 17.9x | 0.3x |
| Sat, 17 May 2025 | ₹332.4b | ₹1.2t | ₹16.8b | 23.8x | 19.8x | 0.3x |
| Mon, 14 Apr 2025 | ₹264.9b | ₹1.2t | ₹16.8b | 22.5x | 15.8x | 0.2x |
| Wed, 12 Mar 2025 | ₹281.0b | ₹1.2t | ₹16.8b | 20.6x | 16.8x | 0.2x |
| Fri, 07 Feb 2025 | ₹303.0b | ₹1.1t | ₹16.4b | 23.5x | 18.5x | 0.3x |
| Sun, 05 Jan 2025 | ₹304.1b | ₹1.1t | ₹15.8b | 25.8x | 19.2x | 0.3x |
| Tue, 03 Dec 2024 | ₹298.9b | ₹1.1t | ₹15.8b | 24.6x | 19x | 0.3x |
| Thu, 31 Oct 2024 | ₹276.7b | ₹1.1t | ₹15.6b | 26.5x | 17.7x | 0.2x |
| Sat, 28 Sep 2024 | ₹293.0b | ₹1.1t | ₹14.1b | 25x | 20.7x | 0.3x |
| Mon, 26 Aug 2024 | ₹294.2b | ₹1.1t | ₹14.1b | 27.9x | 20.8x | 0.3x |
| Wed, 24 Jul 2024 | ₹267.7b | ₹1.1t | ₹13.9b | 29.9x | 19.2x | 0.2x |
| Fri, 21 Jun 2024 | ₹254.3b | ₹1.1t | ₹14.0b | 25.7x | 18.2x | 0.2x |
| Sun, 19 May 2024 | ₹247.5b | ₹1.1t | ₹13.5b | 35.1x | 18.3x | 0.2x |
| Tue, 16 Apr 2024 | ₹250.6b | ₹1.1t | ₹13.3b | 31.5x | 18.8x | 0.2x |
| Thu, 14 Mar 2024 | ₹224.5b | ₹1.1t | ₹13.3b | 25.1x | 16.9x | 0.2x |
| Sat, 10 Feb 2024 | ₹207.4b | ₹964.4b | ₹12.2b | 43.6x | 17x | 0.2x |
| Mon, 08 Jan 2024 | ₹195.8b | ₹945.5b | ₹12.6b | 52.8x | 15.6x | 0.2x |
| Wed, 06 Dec 2023 | ₹189.5b | ₹945.5b | ₹12.6b | 55.6x | 15.1x | 0.2x |
| Fri, 03 Nov 2023 | ₹172.3b | ₹929.4b | ₹13.8b | 55.9x | 12.5x | 0.2x |
| Sun, 01 Oct 2023 | ₹176.0b | ₹928.8b | ₹13.7b | 40.7x | 12.8x | 0.2x |
| Tue, 29 Aug 2023 | ₹176.5b | ₹928.8b | ₹13.7b | 52.7x | 12.9x | 0.2x |
| Thu, 27 Jul 2023 | ₹185.5b | ₹879.6b | ₹14.4b | 42.3x | 12.9x | 0.2x |
Price to Earnings Ratio
12.9x
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 18.1x which is higher than its 3-year average PE of 16.5x.
- 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 12% per year over the last three years.
- Revenues for these companies have grown 18% 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 | -0.21% | |
| Tech | 3.37% | |
| Electronic Equipment and Components | -0.52% | |
| Technology Distributors | -1.52% | |
| Electronic Components | 0.19% | |
| Electronic Equipment and Instruments | -0.025% | |
| Electronic Manufacturing Services | -0.68% | |
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 | |
|---|---|---|---|---|---|
| 530135 Optiemus Infracom | ₹606.80 | 4.8% +₹2.5b | 1.1% | PE81.5x | |
| HPTL HP Telecom India | ₹299.75 | 7.1% +₹235.3m | 66.1% | PE14x | |
| 504351 Empower India | ₹2.31 | 5.0% +₹128.0m | 54.0% | PE14.9x | |
| 531127 Mena Mani Industries | ₹9.65 | 4.3% +₹53.9m | 18.6% | PE764.4x | |
| 509945 Thacker | ₹1.10k | 4.1% +₹46.6m | -28.7% | PE6.2x |