Redington Limited's (NSE:REDINGTON) Shares Bounce 27% But Its Business Still Trails The Market
Jul 02
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Indian (NIFTY) Technology Distributors Industry Analysis
UpdatedJul 03, 2025
DataAggregated Company Financials
Companies33
- 7D-1.9%
- 3M40.5%
- 1Y32.3%
- YTDn/a
Over the last 7 days, the Technology Distributors industry has dropped 1.9%, driven by Redington declining 3.1%. On the other hand D-Link (India) is actually up 5.1%. This takes the industry's 12 month performance to a gain of 32%. Looking forward, earnings are forecast to grow by 9.5% 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 |
|---|---|---|---|---|---|---|
| Sun, 06 Jul 2025 | ₹373.2b | ₹1.2t | ₹20.3b | 21.9x | 18.4x | 0.3x |
| Tue, 03 Jun 2025 | ₹330.6b | ₹1.2t | ₹20.2b | 25.2x | 16.4x | 0.3x |
| Thu, 01 May 2025 | ₹298.7b | ₹1.2t | ₹16.8b | 21.9x | 17.8x | 0.3x |
| Sat, 29 Mar 2025 | ₹285.8b | ₹1.2t | ₹16.8b | 20.9x | 17x | 0.2x |
| Mon, 24 Feb 2025 | ₹299.6b | ₹1.2t | ₹16.7b | 26x | 18x | 0.3x |
| Wed, 22 Jan 2025 | ₹302.2b | ₹1.1t | ₹15.8b | 25.3x | 19.1x | 0.3x |
| Fri, 20 Dec 2024 | ₹306.8b | ₹1.1t | ₹15.8b | 24.5x | 19.4x | 0.3x |
| Sun, 17 Nov 2024 | ₹278.2b | ₹1.1t | ₹15.8b | 24.4x | 17.6x | 0.2x |
| Tue, 15 Oct 2024 | ₹281.2b | ₹1.1t | ₹15.3b | 24.7x | 18.4x | 0.3x |
| Thu, 12 Sep 2024 | ₹276.2b | ₹1.1t | ₹14.1b | 25.9x | 19.5x | 0.2x |
| Sat, 10 Aug 2024 | ₹270.7b | ₹1.1t | ₹14.0b | 28.2x | 19.4x | 0.2x |
| Mon, 08 Jul 2024 | ₹274.4b | ₹1.1t | ₹13.9b | 31.8x | 19.7x | 0.3x |
| Wed, 05 Jun 2024 | ₹228.2b | ₹1.1t | ₹13.9b | 30x | 16.4x | 0.2x |
| Fri, 03 May 2024 | ₹251.6b | ₹1.1t | ₹13.3b | 29.4x | 18.9x | 0.2x |
| Sun, 31 Mar 2024 | ₹237.0b | ₹1.1t | ₹13.3b | 25.1x | 17.8x | 0.2x |
| Tue, 27 Feb 2024 | ₹249.5b | ₹1.1t | ₹13.3b | 30.8x | 18.7x | 0.2x |
| Thu, 25 Jan 2024 | ₹195.8b | ₹945.6b | ₹12.6b | 55.2x | 15.6x | 0.2x |
| Sat, 23 Dec 2023 | ₹196.5b | ₹945.5b | ₹12.6b | 55.2x | 15.7x | 0.2x |
| Mon, 20 Nov 2023 | ₹188.9b | ₹962.7b | ₹12.8b | 43.1x | 14.7x | 0.2x |
| Wed, 18 Oct 2023 | ₹179.0b | ₹929.2b | ₹13.8b | 43.1x | 13x | 0.2x |
| Fri, 15 Sep 2023 | ₹182.0b | ₹928.8b | ₹13.7b | 35.3x | 13.3x | 0.2x |
| Sun, 13 Aug 2023 | ₹166.7b | ₹925.2b | ₹13.7b | 49x | 12.2x | 0.2x |
| Tue, 11 Jul 2023 | ₹192.6b | ₹888.6b | ₹15.8b | 41.9x | 12.2x | 0.2x |
| Thu, 08 Jun 2023 | ₹186.5b | ₹889.6b | ₹15.8b | 41.5x | 11.8x | 0.2x |
| Sat, 06 May 2023 | ₹175.5b | ₹840.4b | ₹16.1b | 24.9x | 10.9x | 0.2x |
| Mon, 03 Apr 2023 | ₹172.4b | ₹840.4b | ₹16.1b | 21.7x | 10.7x | 0.2x |
| Wed, 01 Mar 2023 | ₹179.6b | ₹840.3b | ₹16.1b | 22.7x | 11.2x | 0.2x |
| Fri, 27 Jan 2023 | ₹191.8b | ₹785.9b | ₹15.9b | 20.6x | 12x | 0.2x |
| Sun, 25 Dec 2022 | ₹185.8b | ₹785.6b | ₹15.9b | 28x | 11.7x | 0.2x |
| Tue, 22 Nov 2022 | ₹182.7b | ₹785.2b | ₹15.9b | 25.6x | 11.5x | 0.2x |
| Thu, 20 Oct 2022 | ₹157.0b | ₹742.2b | ₹16.0b | 19.5x | 9.8x | 0.2x |
| Sat, 17 Sep 2022 | ₹169.6b | ₹742.2b | ₹16.0b | 22x | 10.6x | 0.2x |
| Mon, 15 Aug 2022 | ₹164.8b | ₹742.2b | ₹16.0b | 17.5x | 10.3x | 0.2x |
| Wed, 13 Jul 2022 | ₹151.7b | ₹701.5b | ₹15.0b | 20.3x | 10.1x | 0.2x |
Price to Earnings Ratio
10.1x
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 18.4x which is higher than its 3-year average PE of 15.0x.
- The industry is trading close to its 3-year average PS ratio of 0.23x.
Past Earnings Growth
- The earnings for companies in the Technology Distributors industry have grown 11% 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 | 0.009% | |
| Tech | 0.48% | |
| Electronic Equipment and Components | 1.69% | |
| Technology Distributors | -1.90% | |
| Electronic Manufacturing Services | 3.40% | |
| Electronic Equipment and Instruments | 1.60% | |
| Electronic Components | 0.81% | |
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 | |
|---|---|---|---|---|---|
| DLINKINDIA D-Link (India) | ₹569.95 | 5.1% +₹987.0m | 6.7% | PE19.4x | |
| GPECO GP ECO Solutions India | ₹484.70 | 19.4% +₹922.2m | 17.0% | PE54.8x | |
| 511018 Milgrey Finance and Investments | ₹115.63 | 18.3% +₹385.8m | 73.0% | PE392.8x | |
| 540570 Variman Global Enterprises | ₹17.44 | 7.5% +₹235.4m | -5.9% | PE555.9x | |
| 512149 Avance Technologies | ₹0.97 | 7.8% +₹138.7m | -3.0% | PE36.3x |