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Indian (NIFTY) Technology Distributors Industry Analysis
UpdatedJan 19, 2026
DataAggregated Company Financials
Companies34
- 7D-3.1%
- 3M-7.5%
- 1Y3.4%
- YTDn/a
Over the last 7 days, the Technology Distributors industry has dropped 3.1%, driven by a pullback from Redington of 2.0%. In contrast, Shradha AI Technologies has gained 13%. In the past year, the industry has gained 3.4%. As for the next few years, earnings are expected to grow by 11% 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 |
|---|---|---|---|---|---|---|
| Tue, 20 Jan 2026 | ₹316.0b | ₹1.3t | ₹21.5b | 25.5x | 14.7x | 0.2x |
| Thu, 18 Dec 2025 | ₹329.6b | ₹1.3t | ₹21.5b | 28.8x | 15.4x | 0.3x |
| Sat, 15 Nov 2025 | ₹353.1b | ₹1.3t | ₹21.4b | 25.9x | 16.5x | 0.3x |
| Mon, 13 Oct 2025 | ₹366.3b | ₹1.2t | ₹20.5b | 25.1x | 17.9x | 0.3x |
| Wed, 10 Sep 2025 | ₹316.7b | ₹1.2t | ₹20.5b | 20.4x | 15.4x | 0.3x |
| Fri, 08 Aug 2025 | ₹315.0b | ₹1.2t | ₹20.6b | 21.3x | 15.3x | 0.3x |
| Sun, 06 Jul 2025 | ₹372.6b | ₹1.2t | ₹20.2b | 23.3x | 18.4x | 0.3x |
| Tue, 03 Jun 2025 | ₹330.6b | ₹1.2t | ₹20.2b | 25.2x | 16.4x | 0.3x |
| Thu, 01 May 2025 | ₹298.7b | ₹1.2t | ₹16.8b | 21.9x | 17.8x | 0.3x |
| Sat, 29 Mar 2025 | ₹285.8b | ₹1.2t | ₹16.8b | 20.9x | 17x | 0.2x |
| Mon, 24 Feb 2025 | ₹299.6b | ₹1.2t | ₹16.7b | 26x | 18x | 0.3x |
| Wed, 22 Jan 2025 | ₹302.2b | ₹1.1t | ₹15.8b | 25.3x | 19.1x | 0.3x |
| Fri, 20 Dec 2024 | ₹306.8b | ₹1.1t | ₹15.8b | 24.5x | 19.4x | 0.3x |
| Sun, 17 Nov 2024 | ₹278.2b | ₹1.1t | ₹15.8b | 24.4x | 17.6x | 0.2x |
| Tue, 15 Oct 2024 | ₹281.2b | ₹1.1t | ₹15.3b | 24.7x | 18.4x | 0.3x |
| Thu, 12 Sep 2024 | ₹276.2b | ₹1.1t | ₹14.1b | 25.9x | 19.5x | 0.2x |
| Sat, 10 Aug 2024 | ₹270.7b | ₹1.1t | ₹14.0b | 28.2x | 19.4x | 0.2x |
| Mon, 08 Jul 2024 | ₹274.4b | ₹1.1t | ₹13.9b | 31.8x | 19.7x | 0.3x |
| Wed, 05 Jun 2024 | ₹228.2b | ₹1.1t | ₹13.9b | 30x | 16.4x | 0.2x |
| Fri, 03 May 2024 | ₹251.6b | ₹1.1t | ₹13.3b | 29.4x | 18.9x | 0.2x |
| Sun, 31 Mar 2024 | ₹237.0b | ₹1.1t | ₹13.3b | 25.1x | 17.8x | 0.2x |
| Tue, 27 Feb 2024 | ₹249.5b | ₹1.1t | ₹13.3b | 30.8x | 18.7x | 0.2x |
| Thu, 25 Jan 2024 | ₹195.8b | ₹945.6b | ₹12.6b | 55.2x | 15.6x | 0.2x |
| Sat, 23 Dec 2023 | ₹196.5b | ₹945.5b | ₹12.6b | 55.2x | 15.7x | 0.2x |
| Mon, 20 Nov 2023 | ₹188.9b | ₹962.7b | ₹12.8b | 43.1x | 14.7x | 0.2x |
| Wed, 18 Oct 2023 | ₹179.0b | ₹929.2b | ₹13.8b | 43.1x | 13x | 0.2x |
| Fri, 15 Sep 2023 | ₹182.0b | ₹928.8b | ₹13.7b | 35.3x | 13.3x | 0.2x |
| Sun, 13 Aug 2023 | ₹166.7b | ₹925.2b | ₹13.7b | 49x | 12.2x | 0.2x |
| Tue, 11 Jul 2023 | ₹192.6b | ₹888.6b | ₹15.8b | 41.9x | 12.2x | 0.2x |
| Thu, 08 Jun 2023 | ₹186.5b | ₹889.6b | ₹15.8b | 41.5x | 11.8x | 0.2x |
| Sat, 06 May 2023 | ₹175.5b | ₹840.4b | ₹16.1b | 24.9x | 10.9x | 0.2x |
| Mon, 03 Apr 2023 | ₹172.4b | ₹840.4b | ₹16.1b | 21.7x | 10.7x | 0.2x |
| Wed, 01 Mar 2023 | ₹179.6b | ₹840.3b | ₹16.1b | 22.7x | 11.2x | 0.2x |
| Fri, 27 Jan 2023 | ₹191.8b | ₹785.9b | ₹15.9b | 20.6x | 12x | 0.2x |
Price to Earnings Ratio
12x
Current Industry PE
- Investors are relatively neutral on the Indian Technology Distributors 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 16.0x.
- 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 11% 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 | 0.026% | |
| Tech | 1.60% | |
| Electronic Equipment and Components | -0.58% | |
| Technology Distributors | -3.13% | |
| Electronic Components | 1.70% | |
| Electronic Equipment and Instruments | 1.05% | |
| Electronic Manufacturing Services | -1.03% | |
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 | |
|---|---|---|---|---|---|
| 543976 Shradha AI Technologies | ₹31.72 | 12.9% +₹221.3m | -39.0% | n/a | |
| 541702 Ashnisha Industries | ₹3.69 | 9.5% +₹84.8m | -13.8% | PE340.2x | |
| DLINKINDIA D-Link (India) | ₹391.20 | 0.2% +₹28.4m | -25.0% | PE13.4x | |
| 538742 Panabyte Technologies | ₹33.99 | 1.9% +₹4.2m | -19.2% | PE87.9x |
