Narrative Update • Jul 07
Have your own idea? Try our Stock Screener
Indian (NIFTY) Technology Distributors Industry Analysis
UpdatedJul 14, 2026
DataAggregated Company Financials
Companies35
- 7D2.5%
- 3M33.5%
- 1Y0.3%
- YTDn/a
Redington is up 2.4%, leading the way for the Technology Distributors industry, which has gained 1.8%. Meanwhile, D-Link (India) actually underperformed within the industry, shrinking 7.3% in the last week. Overall in the last year, the industry is flat. Earnings are forecast to grow by 18% 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, 14 Jul 2026 | ₹373.7b | ₹1.4t | ₹20.0b | 16.7x | 18.6x | 0.3x |
| Thu, 11 Jun 2026 | ₹301.3b | ₹1.4t | ₹20.0b | 14.7x | 15x | 0.2x |
| Sat, 09 May 2026 | ₹299.6b | ₹1.3t | ₹22.3b | 24.8x | 13.4x | 0.2x |
| Mon, 06 Apr 2026 | ₹251.8b | ₹1.3t | ₹22.3b | 21.5x | 11.3x | 0.2x |
| Wed, 04 Mar 2026 | ₹307.2b | ₹1.3t | ₹22.3b | 20.8x | 13.8x | 0.2x |
| Fri, 30 Jan 2026 | ₹307.8b | ₹1.3t | ₹21.5b | 22.8x | 14.3x | 0.2x |
| Sun, 28 Dec 2025 | ₹327.3b | ₹1.3t | ₹21.5b | 26.7x | 15.2x | 0.3x |
| Tue, 25 Nov 2025 | ₹344.3b | ₹1.3t | ₹21.5b | 33.8x | 16x | 0.3x |
| Thu, 23 Oct 2025 | ₹341.9b | ₹1.2t | ₹20.5b | 26.2x | 16.6x | 0.3x |
| Sat, 20 Sep 2025 | ₹369.8b | ₹1.2t | ₹20.5b | 24.3x | 18x | 0.3x |
| Mon, 18 Aug 2025 | ₹308.5b | ₹1.2t | ₹20.5b | 21.3x | 15x | 0.2x |
| Wed, 16 Jul 2025 | ₹369.3b | ₹1.2t | ₹20.2b | 23.4x | 18.2x | 0.3x |
| Fri, 13 Jun 2025 | ₹355.5b | ₹1.2t | ₹20.2b | 23.6x | 17.6x | 0.3x |
| Sun, 11 May 2025 | ₹308.0b | ₹1.2t | ₹16.8b | 20.8x | 18.3x | 0.3x |
| Tue, 08 Apr 2025 | ₹251.1b | ₹1.2t | ₹16.8b | 21.4x | 15x | 0.2x |
| Thu, 06 Mar 2025 | ₹291.1b | ₹1.2t | ₹16.8b | 21x | 17.4x | 0.3x |
| Sat, 01 Feb 2025 | ₹286.5b | ₹1.1t | ₹15.8b | 24.4x | 18.1x | 0.3x |
| Mon, 30 Dec 2024 | ₹296.7b | ₹1.1t | ₹15.8b | 25.6x | 18.8x | 0.3x |
| Wed, 27 Nov 2024 | ₹285.4b | ₹1.1t | ₹15.8b | 23.5x | 18.1x | 0.3x |
| Fri, 25 Oct 2024 | ₹254.4b | ₹1.1t | ₹15.3b | 25x | 16.6x | 0.2x |
| Sun, 22 Sep 2024 | ₹280.3b | ₹1.1t | ₹14.1b | 25.6x | 19.8x | 0.3x |
| Tue, 20 Aug 2024 | ₹280.2b | ₹1.1t | ₹14.1b | 25.6x | 19.8x | 0.3x |
| Thu, 18 Jul 2024 | ₹276.1b | ₹1.1t | ₹13.9b | 30.4x | 19.8x | 0.3x |
| Sat, 15 Jun 2024 | ₹252.9b | ₹1.1t | ₹14.0b | 26.1x | 18.1x | 0.2x |
| Mon, 13 May 2024 | ₹239.9b | ₹1.1t | ₹13.4b | 34.6x | 17.9x | 0.2x |
| Wed, 10 Apr 2024 | ₹255.2b | ₹1.1t | ₹13.3b | 31.7x | 19.1x | 0.2x |
| Fri, 08 Mar 2024 | ₹243.1b | ₹1.1t | ₹13.3b | 28.1x | 18.3x | 0.2x |
| Sun, 04 Feb 2024 | ₹207.9b | ₹945.6b | ₹12.5b | 53.6x | 16.6x | 0.2x |
| Tue, 02 Jan 2024 | ₹195.3b | ₹945.5b | ₹12.6b | 53.7x | 15.6x | 0.2x |
| Thu, 30 Nov 2023 | ₹182.3b | ₹945.5b | ₹12.6b | 56x | 14.5x | 0.2x |
| Sat, 28 Oct 2023 | ₹168.4b | ₹929.2b | ₹13.8b | 55.2x | 12.2x | 0.2x |
| Mon, 25 Sep 2023 | ₹179.0b | ₹928.8b | ₹13.7b | 38.4x | 13x | 0.2x |
| Wed, 23 Aug 2023 | ₹170.8b | ₹927.0b | ₹13.7b | 46.7x | 12.4x | 0.2x |
| Fri, 21 Jul 2023 | ₹187.8b | ₹879.6b | ₹14.4b | 44.3x | 13.1x | 0.2x |
Price to Earnings Ratio
13.1x
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 18.4x which is higher than its 3-year average PE of 16.4x.
- 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 12% per year over the last three years.
- Revenues for these companies have grown 18% 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 | -0.059% | |
| Tech | 4.84% | |
| Electronic Equipment and Components | 0.69% | |
| Technology Distributors | 2.47% | |
| Electronic Components | 2.52% | |
| Electronic Manufacturing Services | 0.74% | |
| Electronic Equipment and Instruments | -0.26% | |
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 | ₹283.30 | 2.4% +₹5.1b | -8.0% | PE14.9x | |
| 530135 Optiemus Infracom | ₹578.75 | 10.7% +₹4.9b | -3.3% | PE77.8x | |
| RPTECH Rashi Peripherals | ₹778.35 | 2.3% +₹1.1b | 160.4% | PE18.5x | |
| 541702 Ashnisha Industries | ₹3.89 | 26.7% +₹217.4m | 17.9% | PE420.4x | |
| HPTL HP Telecom India | ₹280.00 | 4.9% +₹155.5m | 48.1% | PE13.1x |