Narrative Update • Jul 07

The Technology Distributors industry is up 1.8% in the last week, with Redington up 2.0%. The industry has been flat over the past 12 months despite the gain this week. As for the next few years, earnings are expected to grow by 18% per annum.
Has the Indian Technology Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 12 Jul 2026 | ₹369.1b | ₹1.4t | ₹20.0b | 18.6x | 18.4x | 0.3x |
| Tue, 09 Jun 2026 | ₹301.6b | ₹1.4t | ₹20.0b | 15x | 15x | 0.2x |
| Thu, 07 May 2026 | ₹296.1b | ₹1.3t | ₹22.3b | 24.6x | 13.3x | 0.2x |
| Sat, 04 Apr 2026 | ₹251.8b | ₹1.3t | ₹22.3b | 21.5x | 11.3x | 0.2x |
| Mon, 02 Mar 2026 | ₹324.7b | ₹1.3t | ₹22.3b | 21.1x | 14.6x | 0.2x |
| Wed, 28 Jan 2026 | ₹294.7b | ₹1.3t | ₹21.5b | 22x | 13.7x | 0.2x |
| Fri, 26 Dec 2025 | ₹329.5b | ₹1.3t | ₹21.5b | 28.1x | 15.3x | 0.3x |
| Sun, 23 Nov 2025 | ₹342.6b | ₹1.3t | ₹21.5b | 34.9x | 15.9x | 0.3x |
| Tue, 21 Oct 2025 | ₹342.9b | ₹1.2t | ₹20.5b | 26.1x | 16.7x | 0.3x |
| Thu, 18 Sep 2025 | ₹364.0b | ₹1.2t | ₹20.5b | 23.5x | 17.7x | 0.3x |
| Sat, 16 Aug 2025 | ₹308.5b | ₹1.2t | ₹20.6b | 21.3x | 15x | 0.2x |
| Mon, 14 Jul 2025 | ₹361.0b | ₹1.2t | ₹20.2b | 22.9x | 17.8x | 0.3x |
| Wed, 11 Jun 2025 | ₹351.5b | ₹1.2t | ₹20.2b | 24.1x | 17.4x | 0.3x |
| Fri, 09 May 2025 | ₹298.0b | ₹1.2t | ₹16.8b | 21x | 17.7x | 0.3x |
| Sun, 06 Apr 2025 | ₹264.6b | ₹1.2t | ₹16.8b | 22.4x | 15.8x | 0.2x |
| Tue, 04 Mar 2025 | ₹274.7b | ₹1.2t | ₹16.8b | 21x | 16.4x | 0.2x |
| Thu, 30 Jan 2025 | ₹283.7b | ₹1.1t | ₹15.8b | 24.9x | 17.9x | 0.3x |
| Sat, 28 Dec 2024 | ₹296.7b | ₹1.1t | ₹15.8b | 25.6x | 18.8x | 0.3x |
| Mon, 25 Nov 2024 | ₹279.6b | ₹1.1t | ₹15.8b | 23.2x | 17.7x | 0.3x |
| Wed, 23 Oct 2024 | ₹259.0b | ₹1.1t | ₹15.3b | 25.2x | 17x | 0.2x |
| Fri, 20 Sep 2024 | ₹279.8b | ₹1.1t | ₹14.1b | 25.3x | 19.8x | 0.3x |
| Sun, 18 Aug 2024 | ₹275.4b | ₹1.1t | ₹14.1b | 25.3x | 19.5x | 0.2x |
| Tue, 16 Jul 2024 | ₹278.1b | ₹1.1t | ₹13.9b | 30.2x | 19.9x | 0.3x |
| Thu, 13 Jun 2024 | ₹251.3b | ₹1.1t | ₹13.9b | 29.7x | 18.1x | 0.2x |
| Sat, 11 May 2024 | ₹239.9b | ₹1.1t | ₹13.3b | 34.6x | 18x | 0.2x |
| Mon, 08 Apr 2024 | ₹255.2b | ₹1.1t | ₹13.3b | 26.3x | 19.1x | 0.2x |
| Wed, 06 Mar 2024 | ₹252.2b | ₹1.1t | ₹13.3b | 28.8x | 19x | 0.2x |
| Fri, 02 Feb 2024 | ₹200.6b | ₹945.6b | ₹12.5b | 55.3x | 16x | 0.2x |
| Sun, 31 Dec 2023 | ₹196.2b | ₹945.5b | ₹12.6b | 53.7x | 15.6x | 0.2x |
| Tue, 28 Nov 2023 | ₹184.3b | ₹945.5b | ₹12.6b | 57.5x | 14.7x | 0.2x |
| Thu, 26 Oct 2023 | ₹165.9b | ₹929.2b | ₹13.8b | 52.1x | 12x | 0.2x |
| Sat, 23 Sep 2023 | ₹179.0b | ₹928.8b | ₹13.7b | 38.4x | 13x | 0.2x |
| Mon, 21 Aug 2023 | ₹171.9b | ₹927.0b | ₹13.7b | 46.9x | 12.5x | 0.2x |
| Wed, 19 Jul 2023 | ₹188.2b | ₹879.6b | ₹14.4b | 44x | 13.1x | 0.2x |
13.1x
How does Indian Technology Distributors compare with similar industries?
| IN Market | 0.26% | |
| Tech | 1.03% | |
| Electronic Equipment and Components | 0.60% | |
| Technology Distributors | 1.84% | |
| Electronic Manufacturing Services | 1.56% | |
| Electronic Components | 0.98% | |
| Electronic Equipment and Instruments | -0.92% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| REDINGTON Redington | ₹280.40 | 2.0% +₹4.2b | -6.5% | PE14.7x | |
| 530135 Optiemus Infracom | ₹540.90 | 4.0% +₹1.8b | -9.6% | PE72.7x | |
| RPTECH Rashi Peripherals | ₹783.05 | 3.3% +₹1.7b | 160.6% | PE18.6x | |
| 541702 Ashnisha Industries | ₹3.71 | 21.2% +₹172.3m | 11.4% | PE401x | |
| DCI DC Infotech and Communication | ₹290.25 | 3.4% +₹155.0m | 4.7% | PE22.4x |