Narrative Update • Jul 30

In the last week, the Technology Distributors industry is up 12%, with Redington up 24%. During this same period, the Nanta Tech underperformed, falling 13%. This takes the industry's 12 month performance to a gain of 23%. Earnings are forecast to grow by 15% annually.
Has the Indian Technology Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 01 Aug 2026 | ₹412.9b | ₹1.5t | ₹22.2b | 16.1x | 18.6x | 0.3x |
| Mon, 29 Jun 2026 | ₹368.3b | ₹1.4t | ₹20.0b | 18.5x | 18.4x | 0.3x |
| Wed, 27 May 2026 | ₹298.0b | ₹1.4t | ₹20.0b | 23.6x | 14.9x | 0.2x |
| Fri, 24 Apr 2026 | ₹288.7b | ₹1.3t | ₹22.3b | 24.9x | 12.9x | 0.2x |
| Sun, 22 Mar 2026 | ₹264.7b | ₹1.3t | ₹22.3b | 22x | 11.9x | 0.2x |
| Tue, 17 Feb 2026 | ₹304.6b | ₹1.3t | ₹22.2b | 22.9x | 13.7x | 0.2x |
| Thu, 15 Jan 2026 | ₹324.2b | ₹1.3t | ₹21.5b | 25.4x | 15.1x | 0.3x |
| Sat, 13 Dec 2025 | ₹337.0b | ₹1.3t | ₹21.5b | 30.2x | 15.7x | 0.3x |
| Mon, 10 Nov 2025 | ₹352.2b | ₹1.3t | ₹21.4b | 26.6x | 16.4x | 0.3x |
| Wed, 08 Oct 2025 | ₹348.2b | ₹1.2t | ₹20.5b | 25.5x | 17x | 0.3x |
| Fri, 05 Sep 2025 | ₹317.3b | ₹1.2t | ₹20.5b | 23.4x | 15.4x | 0.3x |
| Sun, 03 Aug 2025 | ₹320.8b | ₹1.3t | ₹20.5b | 21.3x | 15.6x | 0.3x |
| Tue, 01 Jul 2025 | ₹381.5b | ₹1.2t | ₹20.2b | 23.7x | 18.9x | 0.3x |
| Thu, 29 May 2025 | ₹328.9b | ₹1.2t | ₹20.3b | 24.7x | 16.2x | 0.3x |
| Sat, 26 Apr 2025 | ₹297.9b | ₹1.2t | ₹16.8b | 22.3x | 17.8x | 0.3x |
| Mon, 24 Mar 2025 | ₹296.2b | ₹1.2t | ₹16.8b | 22.5x | 17.7x | 0.3x |
| Wed, 19 Feb 2025 | ₹279.5b | ₹1.2t | ₹16.7b | 24x | 16.8x | 0.2x |
| Fri, 17 Jan 2025 | ₹303.4b | ₹1.1t | ₹15.8b | 24.2x | 19.2x | 0.3x |
| Sun, 15 Dec 2024 | ₹313.1b | ₹1.1t | ₹15.8b | 24.6x | 19.8x | 0.3x |
| Tue, 12 Nov 2024 | ₹283.6b | ₹1.1t | ₹15.7b | 29.1x | 18.1x | 0.3x |
| Thu, 10 Oct 2024 | ₹278.1b | ₹1.1t | ₹15.3b | 24.7x | 18.2x | 0.3x |
| Sat, 07 Sep 2024 | ₹283.0b | ₹1.1t | ₹14.1b | 25.9x | 20x | 0.3x |
| Mon, 05 Aug 2024 | ₹275.2b | ₹1.1t | ₹13.9b | 29x | 19.8x | 0.3x |
| Wed, 03 Jul 2024 | ₹259.1b | ₹1.1t | ₹13.9b | 26x | 18.6x | 0.2x |
| Fri, 31 May 2024 | ₹234.1b | ₹1.1t | ₹13.8b | 32.4x | 17x | 0.2x |
| Sun, 28 Apr 2024 | ₹254.4b | ₹1.1t | ₹13.3b | 31.3x | 19.1x | 0.2x |
| Tue, 26 Mar 2024 | ₹236.7b | ₹1.1t | ₹13.3b | 24.6x | 17.8x | 0.2x |
| Thu, 22 Feb 2024 | ₹244.2b | ₹1.1t | ₹13.3b | 30.1x | 18.3x | 0.2x |
| Sat, 20 Jan 2024 | ₹200.0b | ₹945.7b | ₹12.5b | 58.3x | 15.9x | 0.2x |
| Mon, 18 Dec 2023 | ₹197.5b | ₹945.5b | ₹12.6b | 53.6x | 15.7x | 0.2x |
| Wed, 15 Nov 2023 | ₹183.0b | ₹962.5b | ₹12.8b | 56.4x | 14.3x | 0.2x |
| Fri, 13 Oct 2023 | ₹178.6b | ₹929.2b | ₹13.8b | 41.1x | 12.9x | 0.2x |
| Sun, 10 Sep 2023 | ₹187.8b | ₹928.8b | ₹13.7b | 51.2x | 13.7x | 0.2x |
| Tue, 08 Aug 2023 | ₹172.0b | ₹923.5b | ₹13.7b | 46x | 12.5x | 0.2x |
12.5x
How does Indian Technology Distributors compare with similar industries?
| IN Market | 2.00% | |
| Tech | 4.98% | |
| Electronic Equipment and Components | 4.77% | |
| Technology Distributors | 16.20% | |
| Electronic Manufacturing Services | 7.72% | |
| Electronic Components | 2.20% | |
| Electronic Equipment and Instruments | -1.33% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| REDINGTON Redington | ₹321.65 | 24.2% +₹48.9b | 28.9% | PE14.8x | |
| RPTECH Rashi Peripherals | ₹833.55 | 6.9% +₹3.5b | 188.1% | PE19.8x | |
| 530135 Optiemus Infracom | ₹639.30 | 6.5% +₹3.4b | 6.6% | PE85.9x | |
| DCI DC Infotech and Communication | ₹329.70 | 14.5% +₹686.3m | 48.6% | PE25.5x | |
| HPTL HP Telecom India | ₹329.00 | 21.0% +₹680.9m | 84.8% | PE15.4x |