Narrative Update • Jul 07
Have your own idea? Try our Stock Screener
Indian (NIFTY) Technology Distributors Industry Analysis
UpdatedJul 18, 2026
DataAggregated Company Financials
Companies35
- 7D-1.5%
- 3M21.6%
- 1Y-3.4%
- YTDn/a
Over the last 7 days, the Technology Distributors industry has dropped 1.5%, driven by a pullback from Redington of 1.9%. In contrast, Optiemus Infracom has gained 8.7%. However, the industry is down 3.4% over the past year. As for the next few years, earnings are expected to grow by 18% 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 |
|---|---|---|---|---|---|---|
| Sat, 18 Jul 2026 | ₹363.5b | ₹1.4t | ₹20.0b | 16.1x | 18.1x | 0.3x |
| Mon, 15 Jun 2026 | ₹307.2b | ₹1.4t | ₹20.0b | 17.1x | 15.3x | 0.2x |
| Wed, 13 May 2026 | ₹284.8b | ₹1.3t | ₹22.3b | 24.6x | 12.8x | 0.2x |
| Fri, 10 Apr 2026 | ₹275.0b | ₹1.3t | ₹22.3b | 22.8x | 12.3x | 0.2x |
| Sun, 08 Mar 2026 | ₹292.5b | ₹1.3t | ₹22.3b | 20.9x | 13.1x | 0.2x |
| Tue, 03 Feb 2026 | ₹311.5b | ₹1.3t | ₹21.5b | 22.5x | 14.5x | 0.2x |
| Thu, 01 Jan 2026 | ₹330.2b | ₹1.3t | ₹21.5b | 25.3x | 15.3x | 0.3x |
| Sat, 29 Nov 2025 | ₹339.7b | ₹1.3t | ₹21.5b | 31.5x | 15.8x | 0.3x |
| Mon, 27 Oct 2025 | ₹335.6b | ₹1.2t | ₹20.5b | 26.4x | 16.3x | 0.3x |
| Wed, 24 Sep 2025 | ₹361.1b | ₹1.2t | ₹20.5b | 24.4x | 17.6x | 0.3x |
| Fri, 22 Aug 2025 | ₹314.5b | ₹1.2t | ₹20.5b | 21.4x | 15.3x | 0.3x |
| Sun, 20 Jul 2025 | ₹370.5b | ₹1.2t | ₹20.2b | 23.4x | 18.3x | 0.3x |
| Tue, 17 Jun 2025 | ₹354.5b | ₹1.2t | ₹20.2b | 23.7x | 17.6x | 0.3x |
| Thu, 15 May 2025 | ₹331.1b | ₹1.2t | ₹16.8b | 22.5x | 19.7x | 0.3x |
| Sat, 12 Apr 2025 | ₹264.9b | ₹1.2t | ₹16.8b | 22.5x | 15.8x | 0.2x |
| Mon, 10 Mar 2025 | ₹296.9b | ₹1.2t | ₹16.8b | 21.5x | 17.7x | 0.3x |
| Wed, 05 Feb 2025 | ₹279.1b | ₹1.1t | ₹15.8b | 24.3x | 17.6x | 0.3x |
| Fri, 03 Jan 2025 | ₹301.6b | ₹1.1t | ₹15.8b | 26x | 19.1x | 0.3x |
| Sun, 01 Dec 2024 | ₹289.8b | ₹1.1t | ₹15.8b | 24.2x | 18.4x | 0.3x |
| Tue, 29 Oct 2024 | ₹255.9b | ₹1.1t | ₹15.3b | 25.3x | 16.7x | 0.2x |
| Thu, 26 Sep 2024 | ₹294.6b | ₹1.1t | ₹14.1b | 25x | 20.8x | 0.3x |
| Sat, 24 Aug 2024 | ₹294.2b | ₹1.1t | ₹14.1b | 27.9x | 20.8x | 0.3x |
| Mon, 22 Jul 2024 | ₹263.9b | ₹1.1t | ₹13.9b | 29.2x | 18.9x | 0.2x |
| Wed, 19 Jun 2024 | ₹252.0b | ₹1.1t | ₹14.0b | 27.4x | 18.1x | 0.2x |
| Fri, 17 May 2024 | ₹249.3b | ₹1.1t | ₹13.4b | 35.1x | 18.6x | 0.2x |
| Sun, 14 Apr 2024 | ₹251.6b | ₹1.1t | ₹13.3b | 33.1x | 18.9x | 0.2x |
| Tue, 12 Mar 2024 | ₹236.4b | ₹1.1t | ₹13.3b | 27.4x | 17.8x | 0.2x |
| Thu, 08 Feb 2024 | ₹211.3b | ₹965.2b | ₹12.1b | 45x | 17.4x | 0.2x |
| Sat, 06 Jan 2024 | ₹195.8b | ₹945.5b | ₹12.6b | 52.8x | 15.6x | 0.2x |
| Mon, 04 Dec 2023 | ₹184.0b | ₹945.5b | ₹12.6b | 54.4x | 14.7x | 0.2x |
| Wed, 01 Nov 2023 | ₹173.3b | ₹929.4b | ₹13.8b | 57.3x | 12.6x | 0.2x |
| Fri, 29 Sep 2023 | ₹174.3b | ₹928.8b | ₹13.7b | 40x | 12.7x | 0.2x |
| Sun, 27 Aug 2023 | ₹175.0b | ₹928.8b | ₹13.7b | 49x | 12.7x | 0.2x |
| Tue, 25 Jul 2023 | ₹187.8b | ₹879.6b | ₹14.4b | 40.8x | 13.1x | 0.2x |
Price to Earnings Ratio
13.1x
Current Industry PE
- Investors are optimistic on the Indian Technology Distributors industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 18.1x which is higher than its 3-year average PE of 16.5x.
- 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 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 | -0.22% | |
| Tech | 3.37% | |
| Electronic Equipment and Components | -0.52% | |
| Technology Distributors | -1.52% | |
| Electronic Components | 0.19% | |
| Electronic Equipment and Instruments | -0.023% | |
| Electronic Manufacturing Services | -0.68% | |
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 | |
|---|---|---|---|---|---|
| 530135 Optiemus Infracom | ₹587.95 | 8.7% +₹4.2b | -3.2% | PE79x | |
| HPTL HP Telecom India | ₹285.50 | 6.9% +₹221.0m | 57.3% | PE13.3x | |
| 504351 Empower India | ₹2.30 | 7.0% +₹174.6m | 51.3% | PE14.9x | |
| 531127 Mena Mani Industries | ₹9.55 | 4.9% +₹60.7m | 22.4% | PE756.5x | |
| 509945 Thacker | ₹1.10k | 4.1% +₹46.6m | -30.2% | PE6.2x |