Narrative Update • Aug 13
Have your own idea? Try our Stock Screener
Indian (NIFTY) Technology Distributors Industry Analysis
UpdatedAug 31, 2026
DataAggregated Company Financials
Companies35
- 7D3.1%
- 3M45.8%
- 1Y41.7%
- YTDn/a
The Technology Distributors industry is up 3.1% in the last week, with GP ECO Solutions India up 2.8%. This means that the industry has gained 42% over the past year. 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 |
|---|---|---|---|---|---|---|
| Tue, 01 Sep 2026 | ₹442.3b | ₹1.6t | ₹23.0b | 15.7x | 19.2x | 0.3x |
| Thu, 30 Jul 2026 | ₹379.6b | ₹1.4t | ₹20.0b | 15.8x | 18.9x | 0.3x |
| Sat, 27 Jun 2026 | ₹368.3b | ₹1.4t | ₹20.0b | 18.5x | 18.4x | 0.3x |
| Mon, 25 May 2026 | ₹294.7b | ₹1.4t | ₹20.0b | 22.9x | 14.7x | 0.2x |
| Wed, 22 Apr 2026 | ₹293.1b | ₹1.3t | ₹22.3b | 25.4x | 13.1x | 0.2x |
| Fri, 20 Mar 2026 | ₹265.8b | ₹1.3t | ₹22.3b | 21.8x | 11.9x | 0.2x |
| Sun, 15 Feb 2026 | ₹310.5b | ₹1.3t | ₹22.3b | 23.4x | 13.9x | 0.2x |
| Tue, 13 Jan 2026 | ₹321.6b | ₹1.3t | ₹21.5b | 25.5x | 14.9x | 0.2x |
| Thu, 11 Dec 2025 | ₹333.5b | ₹1.3t | ₹21.5b | 30.2x | 15.5x | 0.3x |
| Sat, 08 Nov 2025 | ₹352.2b | ₹1.3t | ₹21.5b | 26.6x | 16.4x | 0.3x |
| Mon, 06 Oct 2025 | ₹355.6b | ₹1.2t | ₹20.5b | 27.1x | 17.3x | 0.3x |
| Wed, 03 Sep 2025 | ₹315.5b | ₹1.2t | ₹20.5b | 23.7x | 15.4x | 0.3x |
| Fri, 01 Aug 2025 | ₹321.6b | ₹1.3t | ₹20.5b | 21.2x | 15.7x | 0.3x |
| Sun, 29 Jun 2025 | ₹378.0b | ₹1.2t | ₹20.2b | 24.2x | 18.7x | 0.3x |
| Tue, 27 May 2025 | ₹327.0b | ₹1.2t | ₹20.3b | 25.4x | 16.1x | 0.3x |
| Thu, 24 Apr 2025 | ₹297.8b | ₹1.2t | ₹16.8b | 23.1x | 17.8x | 0.3x |
| Sat, 22 Mar 2025 | ₹296.1b | ₹1.2t | ₹16.8b | 22.5x | 17.7x | 0.3x |
| Mon, 17 Feb 2025 | ₹298.7b | ₹1.2t | ₹16.7b | 24.9x | 17.9x | 0.3x |
| Wed, 15 Jan 2025 | ₹290.8b | ₹1.1t | ₹15.8b | 23.8x | 18.4x | 0.3x |
| Fri, 13 Dec 2024 | ₹310.8b | ₹1.1t | ₹15.8b | 24.3x | 19.7x | 0.3x |
| Sun, 10 Nov 2024 | ₹284.1b | ₹1.1t | ₹15.7b | 28.3x | 18.1x | 0.3x |
| Tue, 08 Oct 2024 | ₹271.3b | ₹1.1t | ₹15.3b | 22.7x | 17.8x | 0.3x |
| Thu, 05 Sep 2024 | ₹282.7b | ₹1.1t | ₹14.1b | 26.1x | 20x | 0.3x |
| Sat, 03 Aug 2024 | ₹275.2b | ₹1.1t | ₹13.9b | 29x | 19.8x | 0.3x |
| Mon, 01 Jul 2024 | ₹255.5b | ₹1.1t | ₹13.9b | 25.1x | 18.3x | 0.2x |
| Wed, 29 May 2024 | ₹239.0b | ₹1.1t | ₹13.7b | 37.1x | 17.5x | 0.2x |
| Fri, 26 Apr 2024 | ₹254.7b | ₹1.1t | ₹13.3b | 29.8x | 19.1x | 0.2x |
| Sun, 24 Mar 2024 | ₹236.7b | ₹1.1t | ₹13.3b | 24.6x | 17.8x | 0.2x |
| Tue, 20 Feb 2024 | ₹245.6b | ₹1.1t | ₹13.3b | 30.7x | 18.4x | 0.2x |
| Thu, 18 Jan 2024 | ₹196.7b | ₹945.7b | ₹12.5b | 54.5x | 15.7x | 0.2x |
| Sat, 16 Dec 2023 | ₹197.5b | ₹945.5b | ₹12.6b | 53.6x | 15.7x | 0.2x |
| Mon, 13 Nov 2023 | ₹183.8b | ₹962.8b | ₹12.8b | 56.7x | 14.3x | 0.2x |
| Wed, 11 Oct 2023 | ₹178.8b | ₹929.2b | ₹13.8b | 37.3x | 13x | 0.2x |
| Fri, 08 Sep 2023 | ₹189.3b | ₹928.8b | ₹13.7b | 52.2x | 13.8x | 0.2x |
Price to Earnings Ratio
13.8x
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 19.2x which is higher than its 3-year average PE of 16.7x.
- 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 19% 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 | 0.099% | |
| Tech | 1.68% | |
| Electronic Equipment and Components | 0.63% | |
| Technology Distributors | 3.07% | |
| Electronic Components | 2.27% | |
| Electronic Equipment and Instruments | 0.22% | |
| Electronic Manufacturing Services | -0.047% | |
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 | |
|---|---|---|---|---|---|
| GPECO GP ECO Solutions India | ₹404.00 | 2.8% +₹130.7m | -33.2% | PE11.9x | |
| 531127 Mena Mani Industries | ₹15.70 | 4.2% +₹86.3m | n/a | PE190.6x | |
| SLONE Slone Infosystems | ₹174.50 | 10.1% +₹84.6m | -40.8% | PE10.2x | |
| NEWJAISA Newjaisa Technologies | ₹17.95 | 5.9% +₹32.2m | -40.2% | PS1.4x | |
| MARUSHIKA Marushika Technology | ₹112.65 | 3.3% +₹31.2m | n/a | PE10.7x |