Narrative Update • Aug 13
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Indian (NIFTY) Technology Distributors Industry Analysis
UpdatedAug 25, 2026
DataAggregated Company Financials
Companies35
- 7D7.2%
- 3M49.2%
- 1Y40.8%
- YTDn/a
The Technology Distributors industry is up 3.5% in the last week, with Redington up 9.7%. This means that the industry has gained 35% over the past year. As for the next few years, earnings are expected to grow by 16% per annum.
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, 25 Aug 2026 | ₹445.0b | ₹1.6t | ₹22.8b | 16.7x | 19.5x | 0.3x |
| Thu, 23 Jul 2026 | ₹359.2b | ₹1.4t | ₹20.0b | 15.5x | 17.9x | 0.2x |
| Sat, 20 Jun 2026 | ₹358.1b | ₹1.4t | ₹20.0b | 17.9x | 17.9x | 0.2x |
| Mon, 18 May 2026 | ₹293.2b | ₹1.4t | ₹19.9b | 24.7x | 14.7x | 0.2x |
| Wed, 15 Apr 2026 | ₹279.3b | ₹1.3t | ₹22.3b | 22.9x | 12.5x | 0.2x |
| Fri, 13 Mar 2026 | ₹288.8b | ₹1.3t | ₹22.3b | 21.5x | 13x | 0.2x |
| Sun, 08 Feb 2026 | ₹314.6b | ₹1.3t | ₹22.3b | 24.7x | 14.1x | 0.2x |
| Tue, 06 Jan 2026 | ₹337.2b | ₹1.3t | ₹21.5b | 26x | 15.7x | 0.3x |
| Thu, 04 Dec 2025 | ₹333.9b | ₹1.3t | ₹21.5b | 31x | 15.6x | 0.3x |
| Sat, 01 Nov 2025 | ₹325.3b | ₹1.2t | ₹20.5b | 26.2x | 15.8x | 0.3x |
| Mon, 29 Sep 2025 | ₹342.9b | ₹1.2t | ₹20.5b | 25.5x | 16.7x | 0.3x |
| Wed, 27 Aug 2025 | ₹303.5b | ₹1.2t | ₹20.5b | 21.4x | 14.8x | 0.2x |
| Fri, 25 Jul 2025 | ₹362.7b | ₹1.2t | ₹20.2b | 22.8x | 17.9x | 0.3x |
| Sun, 22 Jun 2025 | ₹356.0b | ₹1.2t | ₹20.2b | 23.8x | 17.6x | 0.3x |
| Tue, 20 May 2025 | ₹336.2b | ₹1.2t | ₹16.8b | 24.3x | 20x | 0.3x |
| Thu, 17 Apr 2025 | ₹282.8b | ₹1.2t | ₹16.8b | 22.3x | 16.9x | 0.2x |
| Sat, 15 Mar 2025 | ₹268.6b | ₹1.2t | ₹16.8b | 19.9x | 16x | 0.2x |
| Mon, 10 Feb 2025 | ₹305.5b | ₹1.1t | ₹16.4b | 24.1x | 18.6x | 0.3x |
| Wed, 08 Jan 2025 | ₹301.9b | ₹1.1t | ₹15.8b | 25.2x | 19.1x | 0.3x |
| Fri, 06 Dec 2024 | ₹304.0b | ₹1.1t | ₹15.8b | 24.2x | 19.2x | 0.3x |
| Sun, 03 Nov 2024 | ₹287.4b | ₹1.1t | ₹15.6b | 28.8x | 18.4x | 0.3x |
| Tue, 01 Oct 2024 | ₹287.9b | ₹1.1t | ₹14.1b | 25x | 20.4x | 0.3x |
| Thu, 29 Aug 2024 | ₹290.1b | ₹1.1t | ₹14.1b | 26.4x | 20.5x | 0.3x |
| Sat, 27 Jul 2024 | ₹283.3b | ₹1.1t | ₹13.9b | 31.5x | 20.3x | 0.3x |
| Mon, 24 Jun 2024 | ₹254.1b | ₹1.1t | ₹13.9b | 28.3x | 18.2x | 0.2x |
| Wed, 22 May 2024 | ₹248.2b | ₹1.1t | ₹13.5b | 34.4x | 18.3x | 0.2x |
| Fri, 19 Apr 2024 | ₹250.6b | ₹1.1t | ₹13.3b | 28.4x | 18.8x | 0.2x |
| Sun, 17 Mar 2024 | ₹242.6b | ₹1.1t | ₹13.3b | 25.1x | 18.2x | 0.2x |
| Tue, 13 Feb 2024 | ₹200.4b | ₹964.6b | ₹12.2b | 43x | 16.4x | 0.2x |
| Thu, 11 Jan 2024 | ₹197.7b | ₹945.5b | ₹12.6b | 57.5x | 15.8x | 0.2x |
| Sat, 09 Dec 2023 | ₹190.7b | ₹945.5b | ₹12.6b | 53.6x | 15.2x | 0.2x |
| Mon, 06 Nov 2023 | ₹173.1b | ₹929.4b | ₹13.8b | 56.6x | 12.5x | 0.2x |
| Wed, 04 Oct 2023 | ₹176.0b | ₹928.8b | ₹13.7b | 41x | 12.8x | 0.2x |
| Fri, 01 Sep 2023 | ₹182.0b | ₹928.8b | ₹13.7b | 57.7x | 13.3x | 0.2x |
Price to Earnings Ratio
13.3x
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 18.8x 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 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 | -0.11% | |
| Tech | -0.56% | |
| Electronic Equipment and Components | 2.90% | |
| Technology Distributors | 7.15% | |
| Electronic Equipment and Instruments | 3.62% | |
| Electronic Manufacturing Services | 0.85% | |
| Electronic Components | 0.67% | |
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 | ₹365.10 | 9.7% +₹25.3b | 50.0% | PE16.8x | |
| 530135 Optiemus Infracom | ₹586.00 | 5.6% +₹2.7b | 1.8% | PE71.5x | |
| DLINKINDIA D-Link (India) | ₹448.50 | 7.1% +₹1.1b | -4.9% | PE14.8x | |
| HPTL HP Telecom India | ₹358.15 | 15.6% +₹576.7m | 101.2% | PE16.7x | |
| 504351 Empower India | ₹2.38 | 11.2% +₹279.3m | 81.7% | PE14.3x |