Narrative Update • Aug 13
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Indian (NIFTY) Technology Distributors Industry Analysis
UpdatedAug 15, 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 1.6%, driven by a pullback from Redington of 5.9%. This takes the industry's 12 month performance to a gain of 36%. 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 |
|---|---|---|---|---|---|---|
| Sat, 15 Aug 2026 | ₹414.4b | ₹1.6t | ₹22.8b | 15.4x | 18.2x | 0.3x |
| Mon, 13 Jul 2026 | ₹369.1b | ₹1.4t | ₹20.0b | 18.6x | 18.4x | 0.3x |
| Wed, 10 Jun 2026 | ₹311.3b | ₹1.4t | ₹20.0b | 15x | 15.5x | 0.2x |
| Fri, 08 May 2026 | ₹296.1b | ₹1.3t | ₹22.3b | 24.6x | 13.3x | 0.2x |
| Sun, 05 Apr 2026 | ₹251.8b | ₹1.3t | ₹22.3b | 21.5x | 11.3x | 0.2x |
| Tue, 03 Mar 2026 | ₹324.7b | ₹1.3t | ₹22.3b | 21.1x | 14.6x | 0.2x |
| Thu, 29 Jan 2026 | ₹306.0b | ₹1.3t | ₹21.5b | 23.3x | 14.2x | 0.2x |
| Sat, 27 Dec 2025 | ₹327.3b | ₹1.3t | ₹21.5b | 26.7x | 15.2x | 0.3x |
| Mon, 24 Nov 2025 | ₹342.8b | ₹1.3t | ₹21.5b | 34.9x | 16x | 0.3x |
| Wed, 22 Oct 2025 | ₹341.9b | ₹1.2t | ₹20.5b | 26.2x | 16.6x | 0.3x |
| Fri, 19 Sep 2025 | ₹360.1b | ₹1.2t | ₹20.5b | 23.6x | 17.5x | 0.3x |
| Sun, 17 Aug 2025 | ₹308.5b | ₹1.2t | ₹20.5b | 21.3x | 15x | 0.2x |
| Tue, 15 Jul 2025 | ₹366.6b | ₹1.2t | ₹20.2b | 23x | 18.1x | 0.3x |
| Thu, 12 Jun 2025 | ₹347.5b | ₹1.2t | ₹20.2b | 24.1x | 17.2x | 0.3x |
| Sat, 10 May 2025 | ₹308.0b | ₹1.2t | ₹16.8b | 20.8x | 18.3x | 0.3x |
| Mon, 07 Apr 2025 | ₹264.6b | ₹1.2t | ₹16.8b | 22.4x | 15.8x | 0.2x |
| Wed, 05 Mar 2025 | ₹272.8b | ₹1.2t | ₹16.8b | 20.8x | 16.3x | 0.2x |
| Fri, 31 Jan 2025 | ₹288.4b | ₹1.1t | ₹15.8b | 24.6x | 18.2x | 0.3x |
| Sun, 29 Dec 2024 | ₹296.7b | ₹1.1t | ₹15.8b | 25.6x | 18.8x | 0.3x |
| Tue, 26 Nov 2024 | ₹279.3b | ₹1.1t | ₹15.8b | 23.4x | 17.7x | 0.3x |
| Thu, 24 Oct 2024 | ₹257.4b | ₹1.1t | ₹15.3b | 25.2x | 16.8x | 0.2x |
| Sat, 21 Sep 2024 | ₹280.3b | ₹1.1t | ₹14.1b | 25.6x | 19.8x | 0.3x |
| Mon, 19 Aug 2024 | ₹275.4b | ₹1.1t | ₹14.1b | 25.3x | 19.5x | 0.2x |
| Wed, 17 Jul 2024 | ₹276.3b | ₹1.1t | ₹13.9b | 30.4x | 19.8x | 0.3x |
| Fri, 14 Jun 2024 | ₹256.5b | ₹1.1t | ₹14.0b | 25.1x | 18.4x | 0.2x |
| Sun, 12 May 2024 | ₹239.9b | ₹1.1t | ₹13.3b | 34.6x | 18x | 0.2x |
| Tue, 09 Apr 2024 | ₹254.5b | ₹1.1t | ₹13.3b | 28.8x | 19.1x | 0.2x |
| Thu, 07 Mar 2024 | ₹243.1b | ₹1.1t | ₹13.3b | 27.5x | 18.3x | 0.2x |
| Sat, 03 Feb 2024 | ₹208.0b | ₹945.6b | ₹12.5b | 53.6x | 16.6x | 0.2x |
| Mon, 01 Jan 2024 | ₹196.2b | ₹945.5b | ₹12.6b | 53.7x | 15.6x | 0.2x |
| Wed, 29 Nov 2023 | ₹181.4b | ₹945.5b | ₹12.6b | 57.5x | 14.4x | 0.2x |
| Fri, 27 Oct 2023 | ₹168.0b | ₹929.2b | ₹13.8b | 52.9x | 12.2x | 0.2x |
| Sun, 24 Sep 2023 | ₹179.0b | ₹928.8b | ₹13.7b | 38.4x | 13x | 0.2x |
| Tue, 22 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 18.7x 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 | -0.36% | |
| 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 |