Analysis Article • Jun 17
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Indian (NIFTY) Technology Distributors Industry Analysis
UpdatedJun 23, 2026
DataAggregated Company Financials
Companies35
- 7D14.4%
- 3M39.2%
- 1Y-0.04%
- YTDn/a
Over the last 7 days, the Technology Distributors industry has risen 14%, driven by gains from Redington of 15%. Meanwhile, Safa Systems & Technologies actually underperformed within the industry, shrinking 11% in the last week. Overall in the last year, the industry is flat. Looking forward, earnings are forecast to grow by 17% 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, 23 Jun 2026 | ₹358.7b | ₹1.4t | ₹20.0b | 18x | 17.9x | 0.2x |
| Thu, 21 May 2026 | ₹296.7b | ₹1.4t | ₹20.0b | 24.2x | 14.9x | 0.2x |
| Sat, 18 Apr 2026 | ₹298.5b | ₹1.3t | ₹22.3b | 25.1x | 13.4x | 0.2x |
| Mon, 16 Mar 2026 | ₹277.6b | ₹1.3t | ₹22.3b | 21.1x | 12.5x | 0.2x |
| Wed, 11 Feb 2026 | ₹319.9b | ₹1.3t | ₹22.3b | 24.5x | 14.4x | 0.2x |
| Fri, 09 Jan 2026 | ₹334.7b | ₹1.3t | ₹21.5b | 26x | 15.6x | 0.3x |
| Sun, 07 Dec 2025 | ₹328.5b | ₹1.3t | ₹21.5b | 29.2x | 15.3x | 0.3x |
| Tue, 04 Nov 2025 | ₹324.4b | ₹1.2t | ₹20.5b | 26.1x | 15.8x | 0.3x |
| Thu, 02 Oct 2025 | ₹355.7b | ₹1.2t | ₹20.5b | 26.2x | 17.3x | 0.3x |
| Sat, 30 Aug 2025 | ₹309.3b | ₹1.2t | ₹20.5b | 23.4x | 15.1x | 0.2x |
| Mon, 28 Jul 2025 | ₹353.7b | ₹1.2t | ₹20.2b | 22.6x | 17.5x | 0.3x |
| Wed, 25 Jun 2025 | ₹359.4b | ₹1.2t | ₹20.2b | 23.4x | 17.8x | 0.3x |
| Fri, 23 May 2025 | ₹332.3b | ₹1.2t | ₹20.2b | 25x | 16.5x | 0.3x |
| Sun, 20 Apr 2025 | ₹281.3b | ₹1.2t | ₹16.8b | 22.1x | 16.8x | 0.2x |
| Tue, 18 Mar 2025 | ₹266.9b | ₹1.2t | ₹16.8b | 20.1x | 15.9x | 0.2x |
| Thu, 13 Feb 2025 | ₹291.4b | ₹1.1t | ₹16.4b | 21.9x | 17.8x | 0.3x |
| Sat, 11 Jan 2025 | ₹293.4b | ₹1.1t | ₹15.8b | 24.4x | 18.6x | 0.3x |
| Mon, 09 Dec 2024 | ₹306.0b | ₹1.1t | ₹15.8b | 23.9x | 19.4x | 0.3x |
| Wed, 06 Nov 2024 | ₹289.0b | ₹1.1t | ₹15.6b | 28.3x | 18.5x | 0.3x |
| Fri, 04 Oct 2024 | ₹278.1b | ₹1.1t | ₹15.3b | 24.1x | 18.2x | 0.3x |
| Sun, 01 Sep 2024 | ₹285.8b | ₹1.1t | ₹14.1b | 26.1x | 20.2x | 0.3x |
| Tue, 30 Jul 2024 | ₹282.4b | ₹1.1t | ₹13.9b | 31.5x | 20.3x | 0.3x |
| Thu, 27 Jun 2024 | ₹258.3b | ₹1.1t | ₹13.9b | 26.4x | 18.5x | 0.2x |
| Sat, 25 May 2024 | ₹242.2b | ₹1.1t | ₹13.5b | 36.6x | 17.9x | 0.2x |
| Mon, 22 Apr 2024 | ₹248.3b | ₹1.1t | ₹13.3b | 28.4x | 18.6x | 0.2x |
| Wed, 20 Mar 2024 | ₹233.8b | ₹1.1t | ₹13.3b | 25.8x | 17.6x | 0.2x |
| Fri, 16 Feb 2024 | ₹238.6b | ₹1.1t | ₹13.3b | 28.9x | 18x | 0.2x |
| Sun, 14 Jan 2024 | ₹198.2b | ₹945.7b | ₹12.5b | 54.3x | 15.8x | 0.2x |
| Tue, 12 Dec 2023 | ₹192.1b | ₹945.5b | ₹12.6b | 53.6x | 15.3x | 0.2x |
| Thu, 09 Nov 2023 | ₹182.1b | ₹962.7b | ₹13.0b | 57.6x | 14x | 0.2x |
| Sat, 07 Oct 2023 | ₹181.3b | ₹929.2b | ₹13.8b | 35.4x | 13.1x | 0.2x |
| Mon, 04 Sep 2023 | ₹182.5b | ₹928.8b | ₹13.7b | 56.6x | 13.3x | 0.2x |
| Wed, 02 Aug 2023 | ₹189.5b | ₹879.7b | ₹14.4b | 42.1x | 13.1x | 0.2x |
| Fri, 30 Jun 2023 | ₹189.9b | ₹889.4b | ₹15.8b | 39x | 12x | 0.2x |
Price to Earnings Ratio
12x
Current Industry PE
- Investors are relatively neutral on the Indian Technology Distributors industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 16.3x.
- 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 8.1% 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 | 2.13% | |
| Tech | -0.10% | |
| Electronic Equipment and Components | 6.71% | |
| Technology Distributors | 14.36% | |
| Electronic Components | 6.06% | |
| Electronic Equipment and Instruments | 5.96% | |
| Electronic Manufacturing Services | 4.97% | |
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 | |
|---|---|---|---|---|---|
| REDINGTON Redington | ₹275.94 | 13.1% +₹25.0b | -7.8% | PE14.5x | |
| RPTECH Rashi Peripherals | ₹735.50 | 11.0% +₹4.8b | 149.3% | PE17.5x | |
| 530135 Optiemus Infracom | ₹453.45 | 5.7% +₹2.2b | -30.3% | PE60.9x | |
| 544668 Nanta Tech | ₹562.80 | 21.5% +₹511.7m | n/a | PE35.3x | |
| 504351 Empower India | ₹2.11 | 12.8% +₹279.3m | 32.7% | PE13.6x |