Analysis Article • May 25
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Indian (NIFTY) Technology Distributors Industry Analysis
UpdatedMay 27, 2026
DataAggregated Company Financials
Companies34
- 7D1.3%
- 3M1.5%
- 1Y-9.1%
- YTDn/a
The Technology Distributors industry is up 2.7% in the last week, with Redington up 1.5%. In the past year, the industry is down 10%. 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 |
|---|---|---|---|---|---|---|
| Wed, 27 May 2026 | ₹298.0b | ₹1.4t | ₹20.0b | 23.6x | 14.9x | 0.2x |
| Fri, 24 Apr 2026 | ₹288.7b | ₹1.3t | ₹22.3b | 24.9x | 12.9x | 0.2x |
| Sun, 22 Mar 2026 | ₹264.7b | ₹1.3t | ₹22.3b | 22x | 11.9x | 0.2x |
| Tue, 17 Feb 2026 | ₹304.6b | ₹1.3t | ₹22.2b | 22.9x | 13.7x | 0.2x |
| Thu, 15 Jan 2026 | ₹324.2b | ₹1.3t | ₹21.5b | 25.4x | 15.1x | 0.3x |
| Sat, 13 Dec 2025 | ₹337.0b | ₹1.3t | ₹21.5b | 30.2x | 15.7x | 0.3x |
| Mon, 10 Nov 2025 | ₹352.2b | ₹1.3t | ₹21.4b | 26.6x | 16.4x | 0.3x |
| Wed, 08 Oct 2025 | ₹348.2b | ₹1.2t | ₹20.5b | 25.5x | 17x | 0.3x |
| Fri, 05 Sep 2025 | ₹317.3b | ₹1.2t | ₹20.5b | 23.4x | 15.4x | 0.3x |
| Sun, 03 Aug 2025 | ₹320.8b | ₹1.3t | ₹20.5b | 21.3x | 15.6x | 0.3x |
| Tue, 01 Jul 2025 | ₹381.5b | ₹1.2t | ₹20.2b | 23.7x | 18.9x | 0.3x |
| Thu, 29 May 2025 | ₹328.9b | ₹1.2t | ₹20.3b | 24.7x | 16.2x | 0.3x |
| Sat, 26 Apr 2025 | ₹297.9b | ₹1.2t | ₹16.8b | 22.3x | 17.8x | 0.3x |
| Mon, 24 Mar 2025 | ₹296.2b | ₹1.2t | ₹16.8b | 22.5x | 17.7x | 0.3x |
| Wed, 19 Feb 2025 | ₹279.5b | ₹1.2t | ₹16.7b | 24x | 16.8x | 0.2x |
| Fri, 17 Jan 2025 | ₹303.4b | ₹1.1t | ₹15.8b | 24.2x | 19.2x | 0.3x |
| Sun, 15 Dec 2024 | ₹313.1b | ₹1.1t | ₹15.8b | 24.6x | 19.8x | 0.3x |
| Tue, 12 Nov 2024 | ₹283.6b | ₹1.1t | ₹15.7b | 29.1x | 18.1x | 0.3x |
| Thu, 10 Oct 2024 | ₹278.1b | ₹1.1t | ₹15.3b | 24.7x | 18.2x | 0.3x |
| Sat, 07 Sep 2024 | ₹283.0b | ₹1.1t | ₹14.1b | 25.9x | 20x | 0.3x |
| Mon, 05 Aug 2024 | ₹275.2b | ₹1.1t | ₹13.9b | 29x | 19.8x | 0.3x |
| Wed, 03 Jul 2024 | ₹259.1b | ₹1.1t | ₹13.9b | 26x | 18.6x | 0.2x |
| Fri, 31 May 2024 | ₹234.1b | ₹1.1t | ₹13.8b | 32.4x | 17x | 0.2x |
| Sun, 28 Apr 2024 | ₹254.4b | ₹1.1t | ₹13.3b | 31.3x | 19.1x | 0.2x |
| Tue, 26 Mar 2024 | ₹236.7b | ₹1.1t | ₹13.3b | 24.6x | 17.8x | 0.2x |
| Thu, 22 Feb 2024 | ₹244.2b | ₹1.1t | ₹13.3b | 30.1x | 18.3x | 0.2x |
| Sat, 20 Jan 2024 | ₹200.0b | ₹945.7b | ₹12.5b | 58.3x | 15.9x | 0.2x |
| Mon, 18 Dec 2023 | ₹197.5b | ₹945.5b | ₹12.6b | 53.6x | 15.7x | 0.2x |
| Wed, 15 Nov 2023 | ₹183.0b | ₹962.5b | ₹12.8b | 56.4x | 14.3x | 0.2x |
| Fri, 13 Oct 2023 | ₹178.6b | ₹929.2b | ₹13.8b | 41.1x | 12.9x | 0.2x |
| Sun, 10 Sep 2023 | ₹187.8b | ₹928.8b | ₹13.7b | 51.2x | 13.7x | 0.2x |
| Tue, 08 Aug 2023 | ₹172.0b | ₹923.5b | ₹13.7b | 46x | 12.5x | 0.2x |
| Thu, 06 Jul 2023 | ₹196.1b | ₹889.4b | ₹15.8b | 41.9x | 12.4x | 0.2x |
| Sat, 03 Jun 2023 | ₹187.0b | ₹890.7b | ₹15.9b | 39.9x | 11.8x | 0.2x |
Price to Earnings Ratio
11.8x
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 7.9% 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 | 1.96% | |
| Tech | 0.37% | |
| Electronic Equipment and Components | 7.59% | |
| Technology Distributors | 1.29% | |
| Electronic Equipment and Instruments | 13.72% | |
| Electronic Manufacturing Services | 5.09% | |
| Electronic Components | 3.59% | |
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 | ₹224.51 | 1.5% +₹2.6b | -14.0% | PE11.8x | |
| GPECO GP ECO Solutions India | ₹482.20 | 34.8% +₹1.5b | 47.6% | PE35.9x | |
| 530135 Optiemus Infracom | ₹418.20 | 0.7% +₹274.9m | -26.8% | PE56.2x | |
| 509945 Thacker | ₹1.22k | 22.2% +₹241.5m | -13.7% | PE6.4x | |
| PROFX PRO FX Tech | ₹85.00 | 7.5% +₹103.3m | n/a | PE9.8x |
