Narrative Update • Aug 13
Have your own idea? Try our Stock Screener
Indian (NIFTY) Technology Distributors Industry Analysis
UpdatedAug 16, 2026
DataAggregated Company Financials
Companies35
- 7D-4.9%
- 3M41.2%
- 1Y33.0%
- YTDn/a
Over the last 7 days, the Technology Distributors industry has dropped 4.9%, driven by Redington declining 5.9%. This takes the industry's 12 month performance to a gain of 33%. As for the next few years, earnings are expected to grow by 16% 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 |
|---|---|---|---|---|---|---|
| Sun, 16 Aug 2026 | ₹415.5b | ₹1.6t | ₹22.8b | 15.4x | 18.3x | 0.3x |
| Tue, 14 Jul 2026 | ₹373.7b | ₹1.4t | ₹20.0b | 16.7x | 18.6x | 0.3x |
| Thu, 11 Jun 2026 | ₹301.3b | ₹1.4t | ₹20.0b | 14.7x | 15x | 0.2x |
| Sat, 09 May 2026 | ₹299.6b | ₹1.3t | ₹22.3b | 24.8x | 13.4x | 0.2x |
| Mon, 06 Apr 2026 | ₹251.8b | ₹1.3t | ₹22.3b | 21.5x | 11.3x | 0.2x |
| Wed, 04 Mar 2026 | ₹307.2b | ₹1.3t | ₹22.3b | 20.8x | 13.8x | 0.2x |
| Fri, 30 Jan 2026 | ₹307.8b | ₹1.3t | ₹21.5b | 22.8x | 14.3x | 0.2x |
| Sun, 28 Dec 2025 | ₹327.3b | ₹1.3t | ₹21.5b | 26.7x | 15.2x | 0.3x |
| Tue, 25 Nov 2025 | ₹344.3b | ₹1.3t | ₹21.5b | 33.8x | 16x | 0.3x |
| Thu, 23 Oct 2025 | ₹341.9b | ₹1.2t | ₹20.5b | 26.2x | 16.6x | 0.3x |
| Sat, 20 Sep 2025 | ₹369.8b | ₹1.2t | ₹20.5b | 24.3x | 18x | 0.3x |
| Mon, 18 Aug 2025 | ₹308.5b | ₹1.2t | ₹20.5b | 21.3x | 15x | 0.2x |
| Wed, 16 Jul 2025 | ₹369.3b | ₹1.2t | ₹20.2b | 23.4x | 18.2x | 0.3x |
| Fri, 13 Jun 2025 | ₹355.5b | ₹1.2t | ₹20.2b | 23.6x | 17.6x | 0.3x |
| Sun, 11 May 2025 | ₹308.0b | ₹1.2t | ₹16.8b | 20.8x | 18.3x | 0.3x |
| Tue, 08 Apr 2025 | ₹251.1b | ₹1.2t | ₹16.8b | 21.4x | 15x | 0.2x |
| Thu, 06 Mar 2025 | ₹291.1b | ₹1.2t | ₹16.8b | 21x | 17.4x | 0.3x |
| Sat, 01 Feb 2025 | ₹286.5b | ₹1.1t | ₹15.8b | 24.4x | 18.1x | 0.3x |
| Mon, 30 Dec 2024 | ₹296.7b | ₹1.1t | ₹15.8b | 25.6x | 18.8x | 0.3x |
| Wed, 27 Nov 2024 | ₹285.4b | ₹1.1t | ₹15.8b | 23.5x | 18.1x | 0.3x |
| Fri, 25 Oct 2024 | ₹254.4b | ₹1.1t | ₹15.3b | 25x | 16.6x | 0.2x |
| Sun, 22 Sep 2024 | ₹280.3b | ₹1.1t | ₹14.1b | 25.6x | 19.8x | 0.3x |
| Tue, 20 Aug 2024 | ₹280.2b | ₹1.1t | ₹14.1b | 25.6x | 19.8x | 0.3x |
| Thu, 18 Jul 2024 | ₹276.1b | ₹1.1t | ₹13.9b | 30.4x | 19.8x | 0.3x |
| Sat, 15 Jun 2024 | ₹252.9b | ₹1.1t | ₹14.0b | 26.1x | 18.1x | 0.2x |
| Mon, 13 May 2024 | ₹239.9b | ₹1.1t | ₹13.4b | 34.6x | 17.9x | 0.2x |
| Wed, 10 Apr 2024 | ₹255.2b | ₹1.1t | ₹13.3b | 31.7x | 19.1x | 0.2x |
| Fri, 08 Mar 2024 | ₹243.1b | ₹1.1t | ₹13.3b | 28.1x | 18.3x | 0.2x |
| Sun, 04 Feb 2024 | ₹207.9b | ₹945.6b | ₹12.5b | 53.6x | 16.6x | 0.2x |
| Tue, 02 Jan 2024 | ₹195.3b | ₹945.5b | ₹12.6b | 53.7x | 15.6x | 0.2x |
| Thu, 30 Nov 2023 | ₹182.3b | ₹945.5b | ₹12.6b | 56x | 14.5x | 0.2x |
| Sat, 28 Oct 2023 | ₹168.4b | ₹929.2b | ₹13.8b | 55.2x | 12.2x | 0.2x |
| Mon, 25 Sep 2023 | ₹179.0b | ₹928.8b | ₹13.7b | 38.4x | 13x | 0.2x |
| Wed, 23 Aug 2023 | ₹170.8b | ₹927.0b | ₹13.7b | 46.7x | 12.4x | 0.2x |
Price to Earnings Ratio
12.4x
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 16.6x.
- 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 18% per year over the last three years.
- Revenues for these companies have grown 19% 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 | -0.36% | |
| Tech | -1.16% | |
| Electronic Equipment and Components | -2.51% | |
| Technology Distributors | -4.87% | |
| Electronic Manufacturing Services | 0.46% | |
| Electronic Equipment and Instruments | -3.67% | |
| Electronic Components | -10.85% | |
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 | |
|---|---|---|---|---|---|
| DCI DC Infotech and Communication | ₹365.10 | 3.1% +₹181.2m | 56.9% | PE28.2x | |
| 540570 Variman Global Enterprises | ₹5.70 | 19.5% +₹181.0m | -63.3% | PE33.4x | |
| 531127 Mena Mani Industries | ₹13.28 | 10.1% +₹164.5m | 62.0% | PE161.2x | |
| PROFX PRO FX Tech | ₹80.00 | 9.0% +₹115.5m | -25.7% | PE9.2x | |
| MARUSHIKA Marushika Technology | ₹116.40 | 13.0% +₹114.4m | n/a | PE11.1x |