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Indian (NIFTY) Technology Distributors Industry Analysis
UpdatedMar 10, 2026
DataAggregated Company Financials
Companies34
- 7D-9.6%
- 3M-16.9%
- 1Y-5.7%
- YTDn/a
Over the last 7 days, the Technology Distributors industry has dropped 9.6%, driven by Redington declining 12%. In contrast, HP Telecom India has gained 5.6%. Overall the industry is down 5.7% in 12 months. Earnings are forecast to grow by 13% 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, 10 Mar 2026 | ₹277.7b | ₹1.3t | ₹22.3b | 20.7x | 12.5x | 0.2x |
| Thu, 05 Feb 2026 | ₹330.7b | ₹1.3t | ₹21.9b | 24.3x | 15.1x | 0.3x |
| Sat, 03 Jan 2026 | ₹334.4b | ₹1.3t | ₹21.5b | 25.9x | 15.5x | 0.3x |
| Mon, 01 Dec 2025 | ₹339.7b | ₹1.3t | ₹21.5b | 31.5x | 15.8x | 0.3x |
| Wed, 29 Oct 2025 | ₹333.2b | ₹1.2t | ₹20.5b | 25.8x | 16.2x | 0.3x |
| Fri, 26 Sep 2025 | ₹349.0b | ₹1.2t | ₹20.5b | 25x | 17x | 0.3x |
| Sun, 24 Aug 2025 | ₹313.9b | ₹1.2t | ₹20.5b | 21.4x | 15.3x | 0.3x |
| Tue, 22 Jul 2025 | ₹363.8b | ₹1.2t | ₹20.2b | 23.2x | 18x | 0.3x |
| Thu, 19 Jun 2025 | ₹362.0b | ₹1.2t | ₹20.2b | 24.9x | 17.9x | 0.3x |
| Sat, 17 May 2025 | ₹332.4b | ₹1.2t | ₹16.8b | 23.8x | 19.8x | 0.3x |
| Mon, 14 Apr 2025 | ₹264.9b | ₹1.2t | ₹16.8b | 22.5x | 15.8x | 0.2x |
| Wed, 12 Mar 2025 | ₹281.0b | ₹1.2t | ₹16.8b | 20.6x | 16.8x | 0.2x |
| Fri, 07 Feb 2025 | ₹303.0b | ₹1.1t | ₹16.4b | 23.5x | 18.5x | 0.3x |
| Sun, 05 Jan 2025 | ₹304.1b | ₹1.1t | ₹15.8b | 25.8x | 19.2x | 0.3x |
| Tue, 03 Dec 2024 | ₹298.9b | ₹1.1t | ₹15.8b | 24.6x | 19x | 0.3x |
| Thu, 31 Oct 2024 | ₹276.7b | ₹1.1t | ₹15.6b | 26.5x | 17.7x | 0.2x |
| Sat, 28 Sep 2024 | ₹293.0b | ₹1.1t | ₹14.1b | 25x | 20.7x | 0.3x |
| Mon, 26 Aug 2024 | ₹294.2b | ₹1.1t | ₹14.1b | 27.9x | 20.8x | 0.3x |
| Wed, 24 Jul 2024 | ₹267.7b | ₹1.1t | ₹13.9b | 29.9x | 19.2x | 0.2x |
| Fri, 21 Jun 2024 | ₹254.3b | ₹1.1t | ₹14.0b | 25.7x | 18.2x | 0.2x |
| Sun, 19 May 2024 | ₹247.5b | ₹1.1t | ₹13.5b | 35.1x | 18.3x | 0.2x |
| Tue, 16 Apr 2024 | ₹250.6b | ₹1.1t | ₹13.3b | 31.5x | 18.8x | 0.2x |
| Thu, 14 Mar 2024 | ₹224.5b | ₹1.1t | ₹13.3b | 25.1x | 16.9x | 0.2x |
| Sat, 10 Feb 2024 | ₹207.4b | ₹964.4b | ₹12.2b | 43.6x | 17x | 0.2x |
| Mon, 08 Jan 2024 | ₹195.8b | ₹945.5b | ₹12.6b | 52.8x | 15.6x | 0.2x |
| Wed, 06 Dec 2023 | ₹189.5b | ₹945.5b | ₹12.6b | 55.6x | 15.1x | 0.2x |
| Fri, 03 Nov 2023 | ₹172.3b | ₹929.4b | ₹13.8b | 55.9x | 12.5x | 0.2x |
| Sun, 01 Oct 2023 | ₹176.0b | ₹928.8b | ₹13.7b | 40.7x | 12.8x | 0.2x |
| Tue, 29 Aug 2023 | ₹176.5b | ₹928.8b | ₹13.7b | 52.7x | 12.9x | 0.2x |
| Thu, 27 Jul 2023 | ₹185.5b | ₹879.6b | ₹14.4b | 42.3x | 12.9x | 0.2x |
| Sat, 24 Jun 2023 | ₹190.2b | ₹889.4b | ₹15.8b | 33.1x | 12x | 0.2x |
| Mon, 22 May 2023 | ₹171.9b | ₹887.2b | ₹15.8b | 24.3x | 10.9x | 0.2x |
| Wed, 19 Apr 2023 | ₹175.5b | ₹840.4b | ₹16.1b | 23.8x | 10.9x | 0.2x |
| Fri, 17 Mar 2023 | ₹171.5b | ₹840.3b | ₹16.1b | 22.2x | 10.7x | 0.2x |
Price to Earnings Ratio
10.7x
Current Industry PE
- Investors are pessimistic on the Indian Technology Distributors industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 12.5x which is lower than its 3-year average PE of 16.1x.
- 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 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 | -3.45% | |
| Tech | -1.70% | |
| Electronic Equipment and Components | -6.01% | |
| Technology Distributors | -9.60% | |
| Electronic Components | -3.11% | |
| Electronic Equipment and Instruments | -4.08% | |
| Electronic Manufacturing Services | -6.45% | |
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 | |
|---|---|---|---|---|---|
| HPTL HP Telecom India | ₹262.00 | 5.6% +₹166.8m | 130.7% | PE20.6x | |
| SLONE Slone Infosystems | ₹199.15 | 12.6% +₹117.2m | -18.3% | PE14.4x | |
| 544668 Nanta Tech | ₹276.85 | 5.1% +₹68.7m | n/a | PE29.8x | |
| 511018 Milgrey Finance and Investments | ₹57.66 | 5.3% +₹62.3m | -38.0% | PE100.2x | |
| NEWJAISA Newjaisa Technologies | ₹17.85 | 8.8% +₹46.7m | -61.9% | PS1x |
