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Indian (NIFTY) Tech Hardware Industry Analysis
UpdatedJun 07, 2025
DataAggregated Company Financials
Companies8
- 7D-0.1%
- 3M16.1%
- 1Y-14.0%
- YTD-30.9%
Last week, the Tech Hardware industry hasn't moved much but TVS Electronics is up 18% in that time. As for the longer term, the industry has declined 14% in the last year. Earnings are forecast to grow by 34% annually.
Industry Valuation and Performance
Has the Indian Tech Hardware Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 07 Jun 2025 | ₹135.2b | ₹26.3b | ₹1.5b | 46.8x | 91.5x | 5.1x |
| Mon, 05 May 2025 | ₹104.2b | ₹24.6b | ₹1.3b | 42x | 77.3x | 4.2x |
| Wed, 02 Apr 2025 | ₹110.9b | ₹24.6b | ₹1.3b | 49x | 82.2x | 4.5x |
| Fri, 28 Feb 2025 | ₹107.9b | ₹24.6b | ₹1.3b | 49x | 79.9x | 4.4x |
| Sun, 26 Jan 2025 | ₹134.0b | ₹24.5b | ₹1.3b | 67x | 100.5x | 5.5x |
| Tue, 24 Dec 2024 | ₹181.1b | ₹23.6b | ₹1.3b | 72.2x | 142.9x | 7.7x |
| Thu, 21 Nov 2024 | ₹188.2b | ₹23.6b | ₹1.3b | 78.8x | 148.4x | 8x |
| Sat, 19 Oct 2024 | ₹180.1b | ₹22.1b | ₹1.2b | 54.3x | 154x | 8.2x |
| Mon, 16 Sep 2024 | ₹178.6b | ₹19.5b | ₹1.0b | 77.8x | 171.2x | 9.2x |
| Wed, 14 Aug 2024 | ₹148.5b | ₹19.5b | ₹1.0b | 59.7x | 142x | 7.6x |
| Fri, 12 Jul 2024 | ₹161.9b | ₹18.4b | ₹955.8m | 75.4x | 169.4x | 8.8x |
| Sun, 09 Jun 2024 | ₹154.7b | ₹18.4b | ₹962.3m | 117.9x | 160.7x | 8.4x |
| Tue, 07 May 2024 | ₹124.5b | ₹16.4b | ₹899.8m | 118x | 138.4x | 7.6x |
| Thu, 04 Apr 2024 | ₹109.0b | ₹15.0b | ₹698.2m | 128.7x | 156.2x | 7.2x |
| Sat, 02 Mar 2024 | ₹113.5b | ₹15.1b | ₹707.9m | 132.9x | 160.3x | 7.5x |
| Mon, 29 Jan 2024 | ₹99.3b | ₹14.0b | ₹706.6m | 100.9x | 140.6x | 7.1x |
| Wed, 27 Dec 2023 | ₹84.0b | ₹13.3b | ₹663.2m | 106.6x | 126.7x | 6.3x |
| Fri, 24 Nov 2023 | ₹59.7b | ₹13.3b | ₹663.2m | 87.8x | 90.1x | 4.5x |
| Sun, 22 Oct 2023 | ₹63.6b | ₹11.6b | ₹587.0m | 100.4x | 108.3x | 5.5x |
| Tue, 19 Sep 2023 | ₹56.1b | ₹8.9b | ₹507.2m | 97.7x | 110.5x | 6.3x |
| Thu, 17 Aug 2023 | ₹56.8b | ₹8.9b | ₹507.2m | 97.3x | 112x | 6.4x |
| Sat, 15 Jul 2023 | ₹11.3b | ₹4.8b | ₹83.7m | 76.9x | 134.6x | 2.4x |
| Mon, 12 Jun 2023 | ₹11.4b | ₹4.8b | ₹83.7m | 73.3x | 136.3x | 2.4x |
| Wed, 10 May 2023 | ₹10.2b | ₹4.8b | ₹97.0m | 63.9x | 105.1x | 2.1x |
| Fri, 07 Apr 2023 | ₹10.3b | ₹4.8b | ₹126.8m | 55.5x | 81.3x | 2.2x |
| Sun, 05 Mar 2023 | ₹10.3b | ₹4.8b | ₹126.8m | 60.9x | 81.2x | 2.2x |
| Tue, 31 Jan 2023 | ₹11.0b | ₹4.8b | ₹169.2m | 46.4x | 65.2x | 2.3x |
| Thu, 29 Dec 2022 | ₹10.4b | ₹4.8b | ₹169.2m | 38.3x | 61.6x | 2.2x |
| Sat, 26 Nov 2022 | ₹10.4b | ₹4.8b | ₹169.2m | 40.3x | 61.6x | 2.2x |
| Mon, 24 Oct 2022 | ₹10.0b | ₹4.5b | ₹200.6m | 55x | 49.7x | 2.2x |
| Wed, 21 Sep 2022 | ₹9.9b | ₹4.5b | ₹200.6m | 56.4x | 49.3x | 2.2x |
| Fri, 19 Aug 2022 | ₹8.5b | ₹4.2b | ₹157.7m | 56.2x | 54.2x | 2x |
| Sun, 17 Jul 2022 | ₹7.3b | ₹4.1b | ₹155.5m | 47.6x | 46.9x | 1.8x |
| Tue, 14 Jun 2022 | ₹7.6b | ₹4.1b | ₹155.5m | 44.2x | 48.7x | 1.8x |
Price to Earnings Ratio
48.7x
Current Industry PE
- Investors are pessimistic on the Indian Tech 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 91.5x which is lower than its 3-year average PE of 108x.
- The industry is trading close to its 3-year average PS ratio of 5.0x.
Past Earnings Growth
- The earnings for companies in the Tech industry have grown 112% per year over the last three years.
- Revenues for these companies have grown 86% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Tech industry?
| IN Market | 1.48% | |
| Tech | -0.59% | |
| Tech Hardware | -0.13% | |
| Tech Hardware Storage and Peripherals | -0.13% | |
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 | |
|---|---|---|---|---|---|
| TVSELECT TVS Electronics | ₹471.80 | 17.7% +₹1.3b | 52.2% | PS2x | |
| ESCONET Esconet Technologies | ₹217.60 | 13.6% +₹322.0m | 22.8% | PE53.1x | |
| 517399 VXL Instruments | ₹5.10 | 10.2% +₹6.3m | 18.6% | PS4.1x | |
| 517119 PCS Technology | ₹25.97 | 1.1% +₹6.1m | 3.2% | PE40.4x | |
| 517044 International Data Management | ₹26.26 | 3.7% +₹2.0m | -13.6% | PS962.9x |