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Indian (NIFTY) Technology Distributors Industry Analysis
UpdatedFeb 25, 2026
DataAggregated Company Financials
Companies34
- 7D-6.3%
- 3M-16.5%
- 1Y-5.1%
- YTDn/a
Over the last 7 days, the Technology Distributors industry has dropped 2.8%, driven by Redington declining 8.0%. In contrast, Empower India has gained 18%. The industry has fallen 3.7% in the last year. Earnings are forecast to grow by 13% 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 |
|---|---|---|---|---|---|---|
| Wed, 25 Feb 2026 | ₹290.4b | ₹1.3t | ₹22.3b | 21.5x | 13x | 0.2x |
| Fri, 23 Jan 2026 | ₹305.6b | ₹1.3t | ₹21.5b | 23x | 14.2x | 0.2x |
| Sun, 21 Dec 2025 | ₹327.7b | ₹1.3t | ₹21.5b | 28.5x | 15.3x | 0.3x |
| Tue, 18 Nov 2025 | ₹355.7b | ₹1.3t | ₹21.5b | 35.6x | 16.6x | 0.3x |
| Thu, 16 Oct 2025 | ₹352.6b | ₹1.2t | ₹20.5b | 25.8x | 17.2x | 0.3x |
| Sat, 13 Sep 2025 | ₹316.6b | ₹1.2t | ₹20.5b | 20.4x | 15.4x | 0.3x |
| Mon, 11 Aug 2025 | ₹312.0b | ₹1.2t | ₹20.6b | 20.5x | 15.1x | 0.3x |
| Wed, 09 Jul 2025 | ₹369.3b | ₹1.2t | ₹20.2b | 22.9x | 18.2x | 0.3x |
| Fri, 06 Jun 2025 | ₹335.7b | ₹1.2t | ₹20.2b | 24.6x | 16.6x | 0.3x |
| Sun, 04 May 2025 | ₹302.1b | ₹1.2t | ₹16.8b | 21.6x | 18x | 0.3x |
| Tue, 01 Apr 2025 | ₹285.8b | ₹1.2t | ₹16.8b | 20.9x | 17x | 0.2x |
| Thu, 27 Feb 2025 | ₹296.5b | ₹1.2t | ₹16.7b | 26.3x | 17.8x | 0.3x |
| Sat, 25 Jan 2025 | ₹302.3b | ₹1.1t | ₹15.8b | 24.7x | 19.1x | 0.3x |
| Mon, 23 Dec 2024 | ₹301.8b | ₹1.1t | ₹15.8b | 24.2x | 19.1x | 0.3x |
| Wed, 20 Nov 2024 | ₹276.0b | ₹1.1t | ₹15.8b | 25.3x | 17.5x | 0.2x |
| Fri, 18 Oct 2024 | ₹270.1b | ₹1.1t | ₹15.3b | 26x | 17.7x | 0.3x |
| Sun, 15 Sep 2024 | ₹282.3b | ₹1.1t | ₹14.1b | 25.6x | 20x | 0.3x |
| Tue, 13 Aug 2024 | ₹276.0b | ₹1.1t | ₹14.0b | 28.3x | 19.7x | 0.2x |
| Thu, 11 Jul 2024 | ₹277.5b | ₹1.1t | ₹13.9b | 30.7x | 19.9x | 0.3x |
| Sat, 08 Jun 2024 | ₹243.6b | ₹1.1t | ₹13.9b | 29.5x | 17.5x | 0.2x |
| Mon, 06 May 2024 | ₹250.6b | ₹1.1t | ₹13.3b | 30.4x | 18.8x | 0.2x |
| Wed, 03 Apr 2024 | ₹252.3b | ₹1.1t | ₹13.3b | 26.2x | 18.9x | 0.2x |
| Fri, 01 Mar 2024 | ₹246.4b | ₹1.1t | ₹13.3b | 30x | 18.5x | 0.2x |
| Sun, 28 Jan 2024 | ₹193.7b | ₹945.6b | ₹12.5b | 55.3x | 15.4x | 0.2x |
| Tue, 26 Dec 2023 | ₹196.5b | ₹945.5b | ₹12.6b | 55.2x | 15.7x | 0.2x |
| Thu, 23 Nov 2023 | ₹182.1b | ₹945.5b | ₹12.6b | 57.4x | 14.5x | 0.2x |
| Sat, 21 Oct 2023 | ₹176.3b | ₹929.2b | ₹13.8b | 52x | 12.8x | 0.2x |
| Mon, 18 Sep 2023 | ₹181.0b | ₹928.8b | ₹13.7b | 35.9x | 13.2x | 0.2x |
| Wed, 16 Aug 2023 | ₹164.2b | ₹926.3b | ₹13.7b | 43.1x | 12x | 0.2x |
| Fri, 14 Jul 2023 | ₹191.7b | ₹888.6b | ₹15.8b | 36.3x | 12.1x | 0.2x |
| Sun, 11 Jun 2023 | ₹190.0b | ₹889.6b | ₹15.8b | 43x | 12x | 0.2x |
| Tue, 09 May 2023 | ₹175.3b | ₹840.4b | ₹16.1b | 25.5x | 10.9x | 0.2x |
| Thu, 06 Apr 2023 | ₹175.7b | ₹840.4b | ₹16.1b | 23x | 10.9x | 0.2x |
| Sat, 04 Mar 2023 | ₹180.7b | ₹840.3b | ₹16.1b | 22.5x | 11.2x | 0.2x |
Price to Earnings Ratio
11.2x
Current Industry PE
- Investors are pessimistic on the Indian Technology Distributors industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 13.3x which is lower than its 3-year average PE of 16.1x.
- 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 12% 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 | -0.95% | |
| Tech | -7.21% | |
| Electronic Equipment and Components | -3.39% | |
| Technology Distributors | -6.33% | |
| Electronic Components | 5.00% | |
| Electronic Equipment and Instruments | -2.71% | |
| Electronic Manufacturing Services | -3.67% | |
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 | |
|---|---|---|---|---|---|
| 504351 Empower India | ₹1.67 | 17.6% +₹290.9m | -11.2% | PE48.9x | |
| 541702 Ashnisha Industries | ₹4.00 | 7.8% +₹76.9m | 7.5% | PE312.5x | |
| 540570 Variman Global Enterprises | ₹5.12 | 5.6% +₹52.5m | -56.7% | PE37.1x | |
| 511018 Milgrey Finance and Investments | ₹57.50 | 3.5% +₹42.4m | -39.0% | PE100x | |
| 538742 Panabyte Technologies | ₹35.04 | 21.6% +₹41.6m | -21.1% | PE103.6x |
