Header cover image

Indian (NIFTY) Tech Hardware Industry Analysis

UpdatedMay 08, 2024
DataAggregated Company Financials
Companies7
  • 7D13.5%
  • 3M31.3%
  • 1Y-0.8%
  • YTD47.8%

The Tech Hardware industry is up 13% in the last week, with Netweb Technologies India up 15%. Despite this gain, the industry's performance has been flat over the past year. As for the next few years, earnings are expected to grow by 34% per annum.

Industry Valuation and Performance

Has the Indian Tech Hardware Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 08 May 2024₹124.5b₹16.4b₹899.8m116.5x138.4x7.6x
Fri, 05 Apr 2024₹108.4b₹15.0b₹698.2m130.3x155.3x7.2x
Sun, 03 Mar 2024₹113.5b₹15.1b₹707.9m132.9x160.3x7.5x
Tue, 30 Jan 2024₹96.3b₹14.0b₹706.6m103.6x136.3x6.9x
Thu, 28 Dec 2023₹83.9b₹13.3b₹663.2m110.5x126.5x6.3x
Sat, 25 Nov 2023₹59.2b₹13.3b₹663.2m86.7x89.3x4.5x
Mon, 23 Oct 2023₹63.6b₹11.6b₹587.0m100.4x108.3x5.5x
Wed, 20 Sep 2023₹56.1b₹8.9b₹507.2m97.7x110.5x6.3x
Fri, 18 Aug 2023₹56.7b₹8.9b₹507.2m99.4x111.7x6.3x
Sun, 16 Jul 2023₹11.3b₹4.8b₹83.7m76.9x134.6x2.4x
Tue, 13 Jun 2023₹11.4b₹4.8b₹83.7m73x135.9x2.4x
Thu, 11 May 2023₹10.3b₹4.8b₹97.0m64.1x106x2.2x
Sat, 08 Apr 2023₹10.3b₹4.8b₹126.8m55.5x81.3x2.2x
Mon, 06 Mar 2023₹10.3b₹4.8b₹126.8m60.9x81.2x2.2x
Wed, 01 Feb 2023₹11.0b₹4.8b₹169.2m48.1x65.2x2.3x
Fri, 30 Dec 2022₹10.3b₹4.8b₹169.2m37.3x60.8x2.1x
Sun, 27 Nov 2022₹10.4b₹4.8b₹169.2m40.3x61.6x2.2x
Tue, 25 Oct 2022₹10.0b₹4.5b₹200.6m55x49.7x2.2x
Thu, 22 Sep 2022₹9.8b₹4.5b₹200.6m54.4x48.9x2.2x
Sat, 20 Aug 2022₹8.6b₹4.5b₹200.6m57.2x42.8x1.9x
Mon, 18 Jul 2022₹7.3b₹4.1b₹155.5m47.6x46.9x1.8x
Wed, 15 Jun 2022₹7.5b₹4.1b₹155.5m45.9x48.2x1.8x
Fri, 13 May 2022₹8.5b₹3.7b₹103.0m77.2x82.7x2.3x
Sun, 10 Apr 2022₹9.2b₹3.7b₹103.0m76.6x89.7x2.5x
Tue, 08 Mar 2022₹8.4b₹3.7b₹103.0m60.7x81.8x2.3x
Thu, 03 Feb 2022₹29.8b₹21.1b₹643.7m41.2x46.3x1.4x
Sat, 01 Jan 2022₹9.2b₹3.5b₹95.8m46.6x96.5x2.6x
Mon, 29 Nov 2021₹8.6b₹3.5b₹95.8m27.5x90.3x2.5x
Wed, 27 Oct 2021₹8.7b₹3.3b₹41.4m39.2x211.2x2.6x
Fri, 24 Sep 2021₹9.3b₹3.3b₹41.4m43.5x224.4x2.8x
Sun, 22 Aug 2021₹8.9b₹5.3b₹115.3m27.9x77.1x1.7x
Fri, 09 Jul 2021₹8.6b₹5.3b₹115.3m29x74.6x1.6x
Price to Earnings Ratio

187.6x


Total Market Cap: ₹8.0bTotal Earnings: ₹42.5mTotal Revenue: ₹5.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Tech Hardware Industry Price to Earnings3Y Average 102.8x202220232024
Current Industry PE
  • Investors are optimistic on the Indian Tech industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 138x which is higher than its 3-year average PE of 103x.
  • The 3-year average PS ratio of 3.3x is lower than the industry's current PS ratio of 7.6x.
Past Earnings Growth
  • The earnings for companies in the Tech industry have grown 177% per year over the last three years.
  • Revenues for these companies have grown 47% 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-1.98%
Tech1.08%
Tech Hardware13.50%
Tech Hardware Storage and Peripherals13.50%
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?

CompanyLast Price7D1YValuation
NETWEB Netweb Technologies India₹1.93k15.0%
+₹14.1b		n/aPE142.7x
TVSELECT TVS Electronics₹327.408.3%
+₹468.1m		-9.5%PE500.5x
ESCONET Esconet Technologies₹213.503.9%
+₹100.1m		n/aPE86.8x
PANACHE Panache Digilife₹86.258.4%
+₹80.4m		40.1%PE200.1x
517119 PCS Technology₹28.180.2%
+₹1.5m		101.1%PE86.2x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & Enterprise
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

NETWEB

₹1,931.70

Netweb Technologies India

7D

15.0%

1Y

n/a

PANACHE

₹86.25

Panache Digilife

7D

8.4%

1Y

40.1%

517399

₹4.50

VXL Instruments

7D

-5.3%

1Y

-56.9%

517119

₹28.18

PCS Technology

7D

0.2%

1Y

101.1%

ESCONET

₹213.50

Esconet Technologies

7D

3.9%

1Y

n/a

CELLECOR

₹260.65

Cellecor Gadgets

7D

-4.2%

1Y

n/a

TVSELECT

₹327.40

TVS Electronics

7D

8.3%

1Y

-9.5%

517044

₹30.45

International Data Management

7D

-2.9%

1Y

64.6%