Narrative Update • May 18
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Indian (NIFTY) Technology Distributors Industry Analysis
UpdatedMay 22, 2026
DataAggregated Company Financials
Companies34
- 7D1.1%
- 3M-2.8%
- 1Y-13.4%
- YTDn/a
Over the last 7 days, the Technology Distributors industry has risen 4.1%, driven by gains in Rashi Peripherals and Redington of 6.9% and 1.2%, respectively. Meanwhile, D-Link (India) actually underperformed within the industry, shrinking 6.2% in the last week. In the past year, the industry is down 16%. Looking forward, earnings are forecast to grow by 17% 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 |
|---|---|---|---|---|---|---|
| Fri, 22 May 2026 | ₹293.8b | ₹1.4t | ₹20.0b | 24.2x | 14.7x | 0.2x |
| Sun, 19 Apr 2026 | ₹298.5b | ₹1.3t | ₹22.3b | 25.1x | 13.4x | 0.2x |
| Tue, 17 Mar 2026 | ₹277.6b | ₹1.3t | ₹22.3b | 21.1x | 12.5x | 0.2x |
| Thu, 12 Feb 2026 | ₹317.5b | ₹1.3t | ₹22.3b | 24.3x | 14.2x | 0.2x |
| Sat, 10 Jan 2026 | ₹326.1b | ₹1.3t | ₹21.5b | 25.9x | 15.2x | 0.3x |
| Mon, 08 Dec 2025 | ₹328.5b | ₹1.3t | ₹21.5b | 29.2x | 15.3x | 0.3x |
| Wed, 05 Nov 2025 | ₹321.2b | ₹1.2t | ₹20.5b | 26.1x | 15.6x | 0.3x |
| Fri, 03 Oct 2025 | ₹355.7b | ₹1.2t | ₹20.5b | 26.2x | 17.3x | 0.3x |
| Sun, 31 Aug 2025 | ₹309.4b | ₹1.2t | ₹20.5b | 23.4x | 15.1x | 0.2x |
| Tue, 29 Jul 2025 | ₹346.0b | ₹1.2t | ₹20.2b | 22x | 17.1x | 0.3x |
| Thu, 26 Jun 2025 | ₹366.6b | ₹1.2t | ₹20.2b | 23.7x | 18.2x | 0.3x |
| Sat, 24 May 2025 | ₹329.6b | ₹1.2t | ₹20.2b | 25x | 16.3x | 0.3x |
| Mon, 21 Apr 2025 | ₹281.3b | ₹1.2t | ₹16.8b | 22.1x | 16.8x | 0.2x |
| Wed, 19 Mar 2025 | ₹271.2b | ₹1.2t | ₹16.8b | 20.6x | 16.2x | 0.2x |
| Fri, 14 Feb 2025 | ₹302.7b | ₹1.2t | ₹16.5b | 21.5x | 18.4x | 0.3x |
| Sun, 12 Jan 2025 | ₹293.4b | ₹1.1t | ₹15.8b | 24.4x | 18.6x | 0.3x |
| Tue, 10 Dec 2024 | ₹306.1b | ₹1.1t | ₹15.8b | 23.8x | 19.4x | 0.3x |
| Thu, 07 Nov 2024 | ₹293.7b | ₹1.1t | ₹15.6b | 29.1x | 18.8x | 0.3x |
| Sat, 05 Oct 2024 | ₹276.9b | ₹1.1t | ₹15.3b | 23.6x | 18.1x | 0.3x |
| Mon, 02 Sep 2024 | ₹285.8b | ₹1.1t | ₹14.1b | 26.1x | 20.2x | 0.3x |
| Wed, 31 Jul 2024 | ₹285.7b | ₹1.1t | ₹13.9b | 30.8x | 20.5x | 0.3x |
| Fri, 28 Jun 2024 | ₹252.5b | ₹1.1t | ₹13.9b | 25x | 18.1x | 0.2x |
| Sun, 26 May 2024 | ₹242.2b | ₹1.1t | ₹13.7b | 36.6x | 17.7x | 0.2x |
| Tue, 23 Apr 2024 | ₹248.3b | ₹1.1t | ₹13.3b | 28.4x | 18.6x | 0.2x |
| Thu, 21 Mar 2024 | ₹232.8b | ₹1.1t | ₹13.3b | 25.3x | 17.5x | 0.2x |
| Sat, 17 Feb 2024 | ₹237.3b | ₹1.1t | ₹13.3b | 29.8x | 17.8x | 0.2x |
| Mon, 15 Jan 2024 | ₹198.2b | ₹945.7b | ₹12.5b | 54.3x | 15.8x | 0.2x |
| Wed, 13 Dec 2023 | ₹196.6b | ₹945.5b | ₹12.6b | 53.6x | 15.7x | 0.2x |
| Fri, 10 Nov 2023 | ₹183.4b | ₹962.6b | ₹12.8b | 57.8x | 14.3x | 0.2x |
| Sun, 08 Oct 2023 | ₹181.3b | ₹929.2b | ₹13.8b | 35.4x | 13.1x | 0.2x |
| Tue, 05 Sep 2023 | ₹184.1b | ₹928.8b | ₹13.7b | 55.4x | 13.4x | 0.2x |
| Thu, 03 Aug 2023 | ₹174.0b | ₹923.9b | ₹13.7b | 41.7x | 12.7x | 0.2x |
| Sat, 01 Jul 2023 | ₹189.4b | ₹889.4b | ₹15.8b | 40.7x | 12x | 0.2x |
| Mon, 29 May 2023 | ₹178.1b | ₹887.3b | ₹15.7b | 27.9x | 11.3x | 0.2x |
Price to Earnings Ratio
11.3x
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 16.2x.
- 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 8.3% per year over the last three years.
- Revenues for these companies have grown 17% 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 | -0.16% | |
| Tech | 4.38% | |
| Electronic Equipment and Components | 2.18% | |
| Technology Distributors | 1.07% | |
| Electronic Equipment and Instruments | 5.76% | |
| Electronic Components | 4.36% | |
| Electronic Manufacturing Services | -0.73% | |
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 | |
|---|---|---|---|---|---|
| RPTECH Rashi Peripherals | ₹545.50 | 7.5% +₹2.5b | 75.8% | PE13x | |
| GPECO GP ECO Solutions India | ₹419.10 | 15.6% +₹670.2m | 33.7% | PE31.2x | |
| DCI DC Infotech and Communication | ₹295.15 | 3.7% +₹171.4m | -0.2% | PE25.1x | |
| PROFX PRO FX Tech | ₹82.00 | 10.8% +₹140.0m | n/a | PE9.5x | |
| 540361 Danube Industries | ₹5.61 | 18.4% +₹79.2m | 24.7% | PE37.5x |