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Apr 05
Indian (NIFTY) Technology Distributors Industry Analysis
UpdatedApr 24, 2024
DataAggregated Company Financials
Companies28
- 7D-0.3%
- 3M16.0%
- 1Y34.1%
- YTDn/a
Over the last 7 days, the Technology Distributors industry has dropped 1.3%, driven by a pullback from Redington of 1.7%. On the other hand Rashi Peripherals is actually up 5.3%. This takes the industry's 12 month performance to a gain of 34%. Looking forward, earnings are forecast to grow by 15% 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 |
|---|---|---|---|---|---|---|
| Wed, 24 Apr 2024 | ₹250.0b | ₹1.1t | ₹13.3b | 29.6x | 18.8x | 0.2x |
| Fri, 22 Mar 2024 | ₹233.5b | ₹1.1t | ₹13.3b | 24.5x | 17.5x | 0.2x |
| Sun, 18 Feb 2024 | ₹237.3b | ₹1.1t | ₹13.3b | 29.8x | 17.8x | 0.2x |
| Tue, 16 Jan 2024 | ₹200.2b | ₹945.7b | ₹12.5b | 55.3x | 16x | 0.2x |
| Thu, 14 Dec 2023 | ₹195.9b | ₹945.5b | ₹12.6b | 53.6x | 15.6x | 0.2x |
| Sat, 11 Nov 2023 | ₹183.8b | ₹962.8b | ₹12.8b | 56.7x | 14.3x | 0.2x |
| Mon, 09 Oct 2023 | ₹181.3b | ₹929.2b | ₹13.8b | 35.4x | 13.1x | 0.2x |
| Wed, 06 Sep 2023 | ₹188.4b | ₹928.8b | ₹13.7b | 54.3x | 13.7x | 0.2x |
| Fri, 04 Aug 2023 | ₹173.5b | ₹923.5b | ₹13.7b | 43.1x | 12.6x | 0.2x |
| Sun, 02 Jul 2023 | ₹189.4b | ₹889.4b | ₹15.8b | 40.7x | 12x | 0.2x |
| Tue, 30 May 2023 | ₹178.9b | ₹888.8b | ₹15.8b | 30.9x | 11.3x | 0.2x |
| Thu, 27 Apr 2023 | ₹168.7b | ₹840.4b | ₹16.1b | 27.3x | 10.5x | 0.2x |
| Sat, 25 Mar 2023 | ₹175.7b | ₹840.4b | ₹16.1b | 22.2x | 10.9x | 0.2x |
| Mon, 20 Feb 2023 | ₹190.8b | ₹840.3b | ₹16.1b | 22.9x | 11.9x | 0.2x |
| Wed, 18 Jan 2023 | ₹199.0b | ₹785.6b | ₹15.9b | 21.6x | 12.5x | 0.3x |
| Fri, 16 Dec 2022 | ₹204.8b | ₹785.6b | ₹15.9b | 32.5x | 12.9x | 0.3x |
| Sun, 13 Nov 2022 | ₹170.8b | ₹780.3b | ₹16.9b | 31.4x | 10.1x | 0.2x |
| Tue, 11 Oct 2022 | ₹157.7b | ₹742.2b | ₹16.0b | 18x | 9.9x | 0.2x |
| Thu, 08 Sep 2022 | ₹169.2b | ₹742.1b | ₹16.0b | 14.2x | 10.6x | 0.2x |
| Sat, 06 Aug 2022 | ₹161.2b | ₹737.5b | ₹15.9b | 23.6x | 10.2x | 0.2x |
| Mon, 04 Jul 2022 | ₹147.9b | ₹701.9b | ₹15.0b | 21.7x | 9.9x | 0.2x |
| Wed, 01 Jun 2022 | ₹153.9b | ₹700.4b | ₹13.4b | 32.1x | 11.4x | 0.2x |
| Fri, 29 Apr 2022 | ₹183.7b | ₹679.3b | ₹12.9b | 38.8x | 14.2x | 0.3x |
| Sun, 27 Mar 2022 | ₹174.9b | ₹678.5b | ₹13.1b | 42x | 13.3x | 0.3x |
| Tue, 22 Feb 2022 | ₹176.6b | ₹678.5b | ₹13.1b | 40.1x | 13.4x | 0.3x |
| Thu, 20 Jan 2022 | ₹189.6b | ₹675.7b | ₹11.1b | 68.7x | 17.1x | 0.3x |
| Sat, 18 Dec 2021 | ₹167.4b | ₹675.7b | ₹11.1b | 47.1x | 15.1x | 0.2x |
| Mon, 15 Nov 2021 | ₹167.3b | ₹672.8b | ₹10.9b | 26.4x | 15.4x | 0.2x |
| Wed, 13 Oct 2021 | ₹164.7b | ₹657.0b | ₹9.6b | 20.8x | 17.1x | 0.3x |
| Fri, 10 Sep 2021 | ₹156.2b | ₹656.6b | ₹9.6b | 22.6x | 16.2x | 0.2x |
| Sun, 08 Aug 2021 | ₹162.5b | ₹656.6b | ₹9.6b | 22.1x | 16.9x | 0.2x |
| Sat, 01 May 2021 | ₹95.7b | ₹626.4b | ₹7.5b | 14.8x | 12.7x | 0.2x |
Price to Earnings Ratio
12.7x
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 18.6x which is higher than its 3-year average PE of 13.6x.
- The industry is trading close to its 3-year average PS ratio of 0.22x.
Past Earnings Growth
- The earnings for companies in the Technology Distributors industry have grown 21% per year over the last three years.
- Revenues for these companies have grown 20% 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 | 1.35% | |
| Tech | 0.75% | |
| Electronic Equipment and Components | 2.77% | |
| Technology Distributors | -0.35% | |
| Electronic Components | 18.06% | |
| Electronic Manufacturing Services | 4.48% | |
| Electronic Equipment and Instruments | 1.12% | |
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 | |
|---|---|---|---|---|---|
| RPTECH Rashi Peripherals | ₹338.15 | 5.0% +₹1.1b | n/a | PE17.7x | |
| 530135 Optiemus Infracom | ₹282.15 | 3.7% +₹858.6m | 72.4% | PE48.5x | |
| DLINKINDIA D-Link (India) | ₹325.20 | 7.7% +₹829.0m | 24.5% | PE13.2x | |
| 504351 Empower India | ₹2.55 | 17.5% +₹442.2m | 696.9% | PE67.2x | |
| 543461 Safa Systems & Technologies | ₹13.20 | 10.0% +₹44.3m | 51.2% | PE22.1x |
