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Indian (NIFTY) Technology Distributors Industry Analysis
UpdatedAug 13, 2026
DataAggregated Company Financials
Companies35
- 7D-3.2%
- 3M44.2%
- 1Y33.5%
- YTDn/a
The Technology Distributors is pretty flat in the last 7 days, but Milgrey Finance and Investments has stood out, gaining 28%. As for the the longer term, the industry is up 39% over the past 12 months. Earnings are forecast to grow by 16% 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 |
|---|---|---|---|---|---|---|
| Thu, 13 Aug 2026 | ₹420.1b | ₹1.6t | ₹22.7b | 15.6x | 18.5x | 0.3x |
| Sat, 11 Jul 2026 | ₹369.1b | ₹1.4t | ₹20.0b | 18.6x | 18.4x | 0.3x |
| Mon, 08 Jun 2026 | ₹312.1b | ₹1.4t | ₹20.0b | 15.1x | 15.6x | 0.2x |
| Wed, 06 May 2026 | ₹291.0b | ₹1.3t | ₹22.3b | 24.7x | 13x | 0.2x |
| Fri, 03 Apr 2026 | ₹251.8b | ₹1.3t | ₹22.3b | 21.5x | 11.3x | 0.2x |
| Sun, 01 Mar 2026 | ₹324.7b | ₹1.3t | ₹22.3b | 21.1x | 14.6x | 0.2x |
| Tue, 27 Jan 2026 | ₹295.1b | ₹1.3t | ₹21.5b | 22.7x | 13.7x | 0.2x |
| Thu, 25 Dec 2025 | ₹329.5b | ₹1.3t | ₹21.5b | 28.1x | 15.3x | 0.3x |
| Sat, 22 Nov 2025 | ₹342.6b | ₹1.3t | ₹21.5b | 34.9x | 15.9x | 0.3x |
| Mon, 20 Oct 2025 | ₹342.9b | ₹1.2t | ₹20.5b | 26x | 16.7x | 0.3x |
| Wed, 17 Sep 2025 | ₹360.3b | ₹1.2t | ₹20.5b | 23.1x | 17.5x | 0.3x |
| Fri, 15 Aug 2025 | ₹308.5b | ₹1.2t | ₹20.6b | 21.2x | 15x | 0.2x |
| Sun, 13 Jul 2025 | ₹361.0b | ₹1.2t | ₹20.2b | 22.9x | 17.8x | 0.3x |
| Tue, 10 Jun 2025 | ₹345.6b | ₹1.2t | ₹20.2b | 24.4x | 17.1x | 0.3x |
| Thu, 08 May 2025 | ₹303.1b | ₹1.2t | ₹16.8b | 20.8x | 18x | 0.3x |
| Sat, 05 Apr 2025 | ₹264.5b | ₹1.2t | ₹16.8b | 22.4x | 15.8x | 0.2x |
| Mon, 03 Mar 2025 | ₹271.2b | ₹1.2t | ₹16.8b | 21.4x | 16.2x | 0.2x |
| Wed, 29 Jan 2025 | ₹277.3b | ₹1.1t | ₹15.8b | 24.3x | 17.5x | 0.2x |
| Fri, 27 Dec 2024 | ₹301.2b | ₹1.1t | ₹15.8b | 25.7x | 19.1x | 0.3x |
| Sun, 24 Nov 2024 | ₹279.6b | ₹1.1t | ₹15.8b | 24.3x | 17.7x | 0.3x |
| Tue, 22 Oct 2024 | ₹267.7b | ₹1.1t | ₹15.3b | 26.1x | 17.5x | 0.2x |
| Thu, 19 Sep 2024 | ₹281.0b | ₹1.1t | ₹14.1b | 25.4x | 19.9x | 0.3x |
| Sat, 17 Aug 2024 | ₹275.4b | ₹1.1t | ₹14.1b | 25.3x | 19.5x | 0.2x |
| Mon, 15 Jul 2024 | ₹277.7b | ₹1.1t | ₹13.9b | 29.7x | 19.9x | 0.3x |
| Wed, 12 Jun 2024 | ₹252.1b | ₹1.1t | ₹13.9b | 28.8x | 18.1x | 0.2x |
| Fri, 10 May 2024 | ₹234.9b | ₹1.1t | ₹13.3b | 28.5x | 17.6x | 0.2x |
| Sun, 07 Apr 2024 | ₹255.2b | ₹1.1t | ₹13.3b | 26.3x | 19.1x | 0.2x |
| Tue, 05 Mar 2024 | ₹249.9b | ₹1.1t | ₹13.3b | 29.3x | 18.8x | 0.2x |
| Thu, 01 Feb 2024 | ₹199.6b | ₹945.6b | ₹12.5b | 54.4x | 15.9x | 0.2x |
| Sat, 30 Dec 2023 | ₹196.2b | ₹945.5b | ₹12.6b | 53.7x | 15.6x | 0.2x |
| Mon, 27 Nov 2023 | ₹184.3b | ₹945.5b | ₹12.6b | 57.5x | 14.7x | 0.2x |
| Wed, 25 Oct 2023 | ₹168.6b | ₹929.2b | ₹13.8b | 49.9x | 12.2x | 0.2x |
| Fri, 22 Sep 2023 | ₹178.4b | ₹928.8b | ₹13.7b | 37.3x | 13x | 0.2x |
| Sun, 20 Aug 2023 | ₹171.9b | ₹927.0b | ₹13.7b | 46.9x | 12.5x | 0.2x |
Price to Earnings Ratio
12.5x
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 19.1x which is higher than its 3-year average PE 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 | -0.082% | |
| Tech | -0.37% | |
| Electronic Equipment and Components | 1.06% | |
| Technology Distributors | -3.16% | |
| Electronic Manufacturing Services | 2.37% | |
| Electronic Equipment and Instruments | 2.11% | |
| Electronic Components | -5.70% | |
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 | |
|---|---|---|---|---|---|
| 511018 Milgrey Finance and Investments | ₹50.72 | 27.7% +₹237.0m | -61.0% | PB3.3x | |
| 540570 Variman Global Enterprises | ₹5.48 | 26.3% +₹221.8m | -63.0% | PE32.1x | |
| 531127 Mena Mani Industries | ₹12.66 | 6.7% +₹107.9m | 54.4% | PE1002.8x | |
| MARUSHIKA Marushika Technology | ₹111.00 | 10.9% +₹93.1m | n/a | PE10.6x | |
| PROFX PRO FX Tech | ₹79.80 | 6.7% +₹87.5m | -27.2% | PE9.2x |