Analysis Article • Jun 02
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Indian (NIFTY) Technology Distributors Industry Analysis
UpdatedJun 03, 2026
DataAggregated Company Financials
Companies35
- 7D3.9%
- 3M5.2%
- 1Y-7.9%
- YTDn/a
In the last week, the Technology Distributors industry is up 3.9%, with Redington up 6.3%. Meanwhile, GP ECO Solutions India actually underperformed within the industry, shrinking 7.2% in the last week. In the past year, the industry is down 7.9%. Looking forward, 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, 03 Jun 2026 | ₹309.7b | ₹1.4t | ₹20.0b | 16.2x | 15.5x | 0.2x |
| Fri, 01 May 2026 | ₹284.2b | ₹1.3t | ₹22.3b | 24.8x | 12.7x | 0.2x |
| Sun, 29 Mar 2026 | ₹248.5b | ₹1.3t | ₹22.3b | 20.3x | 11.1x | 0.2x |
| Tue, 24 Feb 2026 | ₹296.8b | ₹1.3t | ₹22.3b | 21.6x | 13.3x | 0.2x |
| Thu, 22 Jan 2026 | ₹309.1b | ₹1.3t | ₹21.5b | 22.3x | 14.4x | 0.2x |
| Sat, 20 Dec 2025 | ₹327.7b | ₹1.3t | ₹21.5b | 28.5x | 15.3x | 0.3x |
| Mon, 17 Nov 2025 | ₹352.9b | ₹1.3t | ₹21.5b | 32.3x | 16.4x | 0.3x |
| Wed, 15 Oct 2025 | ₹349.1b | ₹1.2t | ₹20.5b | 25.6x | 17x | 0.3x |
| Fri, 12 Sep 2025 | ₹315.6b | ₹1.2t | ₹20.5b | 20.4x | 15.4x | 0.3x |
| Sun, 10 Aug 2025 | ₹312.0b | ₹1.2t | ₹20.6b | 20.5x | 15.1x | 0.3x |
| Tue, 08 Jul 2025 | ₹371.1b | ₹1.2t | ₹20.2b | 23.1x | 18.3x | 0.3x |
| Thu, 05 Jun 2025 | ₹327.9b | ₹1.2t | ₹20.2b | 25.2x | 16.3x | 0.3x |
| Sat, 03 May 2025 | ₹302.1b | ₹1.2t | ₹16.8b | 21.6x | 18x | 0.3x |
| Mon, 31 Mar 2025 | ₹285.8b | ₹1.2t | ₹16.8b | 20.9x | 17x | 0.2x |
| Wed, 26 Feb 2025 | ₹296.5b | ₹1.2t | ₹16.7b | 26.3x | 17.8x | 0.3x |
| Fri, 24 Jan 2025 | ₹309.1b | ₹1.1t | ₹15.8b | 25.5x | 19.5x | 0.3x |
| Sun, 22 Dec 2024 | ₹301.8b | ₹1.1t | ₹15.8b | 24.2x | 19.1x | 0.3x |
| Tue, 19 Nov 2024 | ₹274.7b | ₹1.1t | ₹15.8b | 25.6x | 17.4x | 0.2x |
| Thu, 17 Oct 2024 | ₹276.5b | ₹1.1t | ₹15.3b | 26.6x | 18.1x | 0.3x |
| Sat, 14 Sep 2024 | ₹282.3b | ₹1.1t | ₹14.1b | 25.6x | 20x | 0.3x |
| Mon, 12 Aug 2024 | ₹270.7b | ₹1.1t | ₹14.0b | 28.2x | 19.3x | 0.2x |
| Wed, 10 Jul 2024 | ₹273.9b | ₹1.1t | ₹13.9b | 31x | 19.6x | 0.3x |
| Fri, 07 Jun 2024 | ₹238.9b | ₹1.1t | ₹13.9b | 29.6x | 17.2x | 0.2x |
| Sun, 05 May 2024 | ₹250.6b | ₹1.1t | ₹13.3b | 30.4x | 18.8x | 0.2x |
| Tue, 02 Apr 2024 | ₹241.2b | ₹1.1t | ₹13.3b | 25.8x | 18.1x | 0.2x |
| Thu, 29 Feb 2024 | ₹244.6b | ₹1.1t | ₹13.3b | 29.9x | 18.4x | 0.2x |
| Sat, 27 Jan 2024 | ₹193.7b | ₹945.6b | ₹12.5b | 55.3x | 15.4x | 0.2x |
| Mon, 25 Dec 2023 | ₹196.5b | ₹945.5b | ₹12.6b | 55.2x | 15.7x | 0.2x |
| Wed, 22 Nov 2023 | ₹183.1b | ₹945.5b | ₹12.6b | 52.6x | 14.6x | 0.2x |
| Fri, 20 Oct 2023 | ₹179.8b | ₹929.2b | ₹13.8b | 47.5x | 13x | 0.2x |
| Sun, 17 Sep 2023 | ₹181.0b | ₹928.8b | ₹13.7b | 35.9x | 13.2x | 0.2x |
| Tue, 15 Aug 2023 | ₹164.1b | ₹926.3b | ₹13.7b | 43.1x | 11.9x | 0.2x |
| Thu, 13 Jul 2023 | ₹193.8b | ₹888.6b | ₹15.8b | 36.3x | 12.2x | 0.2x |
| Sat, 10 Jun 2023 | ₹190.0b | ₹889.6b | ₹15.8b | 43x | 12x | 0.2x |
Price to Earnings Ratio
12x
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 8.2% 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 | -1.41% | |
| Tech | 6.42% | |
| Electronic Equipment and Components | 5.50% | |
| Technology Distributors | 3.92% | |
| Electronic Equipment and Instruments | 7.74% | |
| Electronic Components | 6.46% | |
| Electronic Manufacturing Services | 3.87% | |
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 | ₹242.25 | 8.7% +₹15.2b | -9.3% | PE12.7x | |
| RPTECH Rashi Peripherals | ₹542.25 | 3.1% +₹1.1b | 74.7% | PE12.9x | |
| 509945 Thacker | ₹1.58k | 21.8% +₹308.3m | 16.5% | PE8.9x | |
| 500179 HCL Infosystems | ₹13.11 | 2.7% +₹115.2m | -25.5% | PS20x | |
| 543976 Shradha AI Technologies | ₹28.15 | 1.8% +₹29.9m | -22.4% | n/a |