Narrative Update • May 18
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Indian (NIFTY) Technology Distributors Industry Analysis
UpdatedMay 30, 2026
DataAggregated Company Financials
Companies34
- 7D0.7%
- 3M-8.6%
- 1Y-9.5%
- YTDn/a
Over the last 7 days, the Technology Distributors industry has remained flat. As for the longer term, the industry has declined 12% in the last year. 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 |
|---|---|---|---|---|---|---|
| Sat, 30 May 2026 | ₹295.6b | ₹1.4t | ₹20.1b | 22.2x | 14.7x | 0.2x |
| Mon, 27 Apr 2026 | ₹283.4b | ₹1.3t | ₹22.3b | 25.9x | 12.7x | 0.2x |
| Wed, 25 Mar 2026 | ₹257.8b | ₹1.3t | ₹22.3b | 20.9x | 11.6x | 0.2x |
| Fri, 20 Feb 2026 | ₹305.3b | ₹1.3t | ₹22.3b | 21.4x | 13.7x | 0.2x |
| Sun, 18 Jan 2026 | ₹315.9b | ₹1.3t | ₹21.5b | 25.5x | 14.7x | 0.2x |
| Tue, 16 Dec 2025 | ₹337.0b | ₹1.3t | ₹21.5b | 30.2x | 15.7x | 0.3x |
| Thu, 13 Nov 2025 | ₹355.1b | ₹1.3t | ₹21.4b | 26.1x | 16.6x | 0.3x |
| Sat, 11 Oct 2025 | ₹366.1b | ₹1.2t | ₹20.5b | 25.1x | 17.8x | 0.3x |
| Mon, 08 Sep 2025 | ₹314.9b | ₹1.2t | ₹20.5b | 23.5x | 15.3x | 0.3x |
| Wed, 06 Aug 2025 | ₹324.5b | ₹1.3t | ₹20.5b | 22.3x | 15.8x | 0.3x |
| Fri, 04 Jul 2025 | ₹372.9b | ₹1.2t | ₹20.3b | 21.9x | 18.4x | 0.3x |
| Sun, 01 Jun 2025 | ₹321.2b | ₹1.2t | ₹20.2b | 24.5x | 15.9x | 0.3x |
| Tue, 29 Apr 2025 | ₹303.6b | ₹1.2t | ₹16.8b | 22.3x | 18.1x | 0.3x |
| Thu, 27 Mar 2025 | ₹288.3b | ₹1.2t | ₹16.8b | 20.9x | 17.2x | 0.2x |
| Sat, 22 Feb 2025 | ₹299.6b | ₹1.2t | ₹16.7b | 26x | 18x | 0.3x |
| Mon, 20 Jan 2025 | ₹296.0b | ₹1.1t | ₹15.8b | 24.2x | 18.7x | 0.3x |
| Wed, 18 Dec 2024 | ₹310.3b | ₹1.1t | ₹15.8b | 25x | 19.6x | 0.3x |
| Fri, 15 Nov 2024 | ₹270.3b | ₹1.1t | ₹15.8b | 28.6x | 17.1x | 0.2x |
| Sun, 13 Oct 2024 | ₹281.2b | ₹1.1t | ₹15.3b | 24.7x | 18.4x | 0.3x |
| Tue, 10 Sep 2024 | ₹277.7b | ₹1.1t | ₹14.1b | 25.9x | 19.7x | 0.2x |
| Thu, 08 Aug 2024 | ₹267.1b | ₹1.1t | ₹14.0b | 28.9x | 19.1x | 0.2x |
| Sat, 06 Jul 2024 | ₹274.4b | ₹1.1t | ₹14.0b | 31.8x | 19.6x | 0.3x |
| Mon, 03 Jun 2024 | ₹233.4b | ₹1.1t | ₹13.8b | 33.7x | 16.9x | 0.2x |
| Wed, 01 May 2024 | ₹251.9b | ₹1.1t | ₹13.3b | 30.6x | 18.9x | 0.2x |
| Fri, 29 Mar 2024 | ₹236.9b | ₹1.1t | ₹13.3b | 25.1x | 17.8x | 0.2x |
| Sun, 25 Feb 2024 | ₹249.4b | ₹1.1t | ₹13.3b | 30.6x | 18.7x | 0.2x |
| Tue, 23 Jan 2024 | ₹201.6b | ₹945.7b | ₹12.5b | 59.1x | 16.1x | 0.2x |
| Thu, 21 Dec 2023 | ₹193.9b | ₹945.5b | ₹12.6b | 53.6x | 15.5x | 0.2x |
| Sat, 18 Nov 2023 | ₹190.1b | ₹962.5b | ₹12.8b | 56.4x | 14.8x | 0.2x |
| Mon, 16 Oct 2023 | ₹179.0b | ₹929.2b | ₹13.8b | 43.1x | 13x | 0.2x |
| Wed, 13 Sep 2023 | ₹181.1b | ₹928.8b | ₹13.7b | 36x | 13.2x | 0.2x |
| Fri, 11 Aug 2023 | ₹170.3b | ₹923.5b | ₹13.7b | 45.8x | 12.4x | 0.2x |
| Sun, 09 Jul 2023 | ₹193.0b | ₹889.4b | ₹15.8b | 41.9x | 12.2x | 0.2x |
| Tue, 06 Jun 2023 | ₹184.9b | ₹889.6b | ₹15.8b | 41.7x | 11.7x | 0.2x |
Price to Earnings Ratio
11.7x
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 16.2x.
- 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 8.5% 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 | 0.43% | |
| Tech | 1.22% | |
| Electronic Equipment and Components | 4.13% | |
| Technology Distributors | 0.68% | |
| Electronic Equipment and Instruments | 8.35% | |
| Electronic Components | 3.63% | |
| Electronic Manufacturing Services | 1.61% | |
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 | ₹224.33 | 1.5% +₹2.6b | -13.3% | PE11.8x | |
| GPECO GP ECO Solutions India | ₹453.40 | 8.2% +₹405.8m | 42.8% | PE33.8x | |
| 500179 HCL Infosystems | ₹12.72 | 8.3% +₹322.6m | -27.4% | PS19.4x | |
| HPTL HP Telecom India | ₹275.20 | 8.5% +₹256.8m | 60.9% | PE12.9x | |
| 544668 Nanta Tech | ₹373.35 | 9.2% +₹160.8m | n/a | PE23.4x |