Narrative Update • Jun 05

Over the last 7 days, the Technology Distributors industry has dropped 3.1%, driven by a pullback from Redington of 6.5%. However, the industry is down 15% over the past year. Earnings are forecast to grow by 17% annually.
Has the Indian Technology Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 12 Jun 2026 | ₹300.4b | ₹1.4t | ₹20.0b | 14.7x | 15x | 0.2x |
| Sun, 10 May 2026 | ₹299.6b | ₹1.3t | ₹22.3b | 24.8x | 13.4x | 0.2x |
| Tue, 07 Apr 2026 | ₹258.9b | ₹1.3t | ₹22.3b | 21.9x | 11.6x | 0.2x |
| Thu, 05 Mar 2026 | ₹294.0b | ₹1.3t | ₹22.3b | 20.9x | 13.2x | 0.2x |
| Sat, 31 Jan 2026 | ₹315.1b | ₹1.3t | ₹21.5b | 22.4x | 14.6x | 0.2x |
| Mon, 29 Dec 2025 | ₹327.3b | ₹1.3t | ₹21.5b | 26.7x | 15.2x | 0.3x |
| Wed, 26 Nov 2025 | ₹342.2b | ₹1.3t | ₹21.5b | 33.8x | 15.9x | 0.3x |
| Fri, 24 Oct 2025 | ₹337.5b | ₹1.2t | ₹20.5b | 26.6x | 16.4x | 0.3x |
| Sun, 21 Sep 2025 | ₹369.7b | ₹1.2t | ₹20.5b | 24.3x | 18x | 0.3x |
| Tue, 19 Aug 2025 | ₹310.4b | ₹1.2t | ₹20.5b | 21.3x | 15.1x | 0.2x |
| Thu, 17 Jul 2025 | ₹370.2b | ₹1.2t | ₹20.2b | 23.8x | 18.3x | 0.3x |
| Sat, 14 Jun 2025 | ₹354.0b | ₹1.2t | ₹20.2b | 23.6x | 17.5x | 0.3x |
| Mon, 12 May 2025 | ₹308.0b | ₹1.2t | ₹16.8b | 20.8x | 18.3x | 0.3x |
| Wed, 09 Apr 2025 | ₹251.9b | ₹1.2t | ₹16.8b | 22.2x | 15x | 0.2x |
| Fri, 07 Mar 2025 | ₹293.3b | ₹1.2t | ₹16.8b | 21.5x | 17.5x | 0.3x |
| Sun, 02 Feb 2025 | ₹286.5b | ₹1.1t | ₹15.8b | 24.4x | 18.1x | 0.3x |
| Tue, 31 Dec 2024 | ₹283.2b | ₹1.1t | ₹15.8b | 25.4x | 17.9x | 0.3x |
| Thu, 28 Nov 2024 | ₹288.0b | ₹1.1t | ₹15.8b | 23.2x | 18.3x | 0.3x |
| Sat, 26 Oct 2024 | ₹244.4b | ₹1.1t | ₹15.3b | 25.2x | 16x | 0.2x |
| Mon, 23 Sep 2024 | ₹280.3b | ₹1.1t | ₹14.1b | 25.6x | 19.8x | 0.3x |
| Wed, 21 Aug 2024 | ₹289.5b | ₹1.1t | ₹14.1b | 25.6x | 20.5x | 0.3x |
| Fri, 19 Jul 2024 | ₹273.1b | ₹1.1t | ₹13.9b | 29.4x | 19.6x | 0.3x |
| Sun, 16 Jun 2024 | ₹252.9b | ₹1.1t | ₹14.0b | 26.1x | 18.1x | 0.2x |
| Tue, 14 May 2024 | ₹243.9b | ₹1.1t | ₹13.4b | 35.3x | 18.2x | 0.2x |
| Thu, 11 Apr 2024 | ₹253.7b | ₹1.1t | ₹13.3b | 34.9x | 19x | 0.2x |
| Sat, 09 Mar 2024 | ₹244.4b | ₹1.1t | ₹13.3b | 28.1x | 18.4x | 0.2x |
| Mon, 05 Feb 2024 | ₹207.9b | ₹945.6b | ₹12.5b | 53.6x | 16.6x | 0.2x |
| Wed, 03 Jan 2024 | ₹196.7b | ₹945.5b | ₹12.6b | 53.7x | 15.7x | 0.2x |
| Fri, 01 Dec 2023 | ₹182.7b | ₹945.5b | ₹12.6b | 56x | 14.5x | 0.2x |
| Sun, 29 Oct 2023 | ₹174.0b | ₹929.4b | ₹13.8b | 55.2x | 12.6x | 0.2x |
| Tue, 26 Sep 2023 | ₹178.3b | ₹928.8b | ₹13.7b | 38.8x | 13x | 0.2x |
| Thu, 24 Aug 2023 | ₹171.2b | ₹928.8b | ₹13.7b | 46.9x | 12.5x | 0.2x |
| Sat, 22 Jul 2023 | ₹187.8b | ₹879.6b | ₹14.4b | 44x | 13.1x | 0.2x |
| Mon, 19 Jun 2023 | ₹190.9b | ₹889.4b | ₹15.8b | 38.3x | 12x | 0.2x |
12x
How does Indian Technology Distributors compare with similar industries?
| IN Market | -2.13% | |
| Tech | -5.34% | |
| Electronic Equipment and Components | -2.43% | |
| Technology Distributors | -5.55% | |
| Electronic Manufacturing Services | -1.53% | |
| Electronic Equipment and Instruments | -1.91% | |
| Electronic Components | -5.28% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DLINKINDIA D-Link (India) | ₹490.90 | 2.3% +₹388.8m | -7.3% | PE16.7x | |
| 544668 Nanta Tech | ₹400.00 | 7.5% +₹142.9m | n/a | PE25.1x | |
| 544101 Brisk Technovision | ₹93.50 | 24.7% +₹37.0m | -11.8% | PE33.3x | |
| 540570 Variman Global Enterprises | ₹3.89 | 3.5% +₹25.3m | -71.8% | PE22.8x | |
| 532413 Cerebra Integrated Technologies | ₹3.69 | 4.5% +₹17.9m | -45.0% | PS6.9x |