Computer - Hardware Stocks in India
Computer - Hardware: Redington Ltd owns the largest revenue base; Panache Digilife Ltd has the fastest current growth.
Nifty Computer - Hardware Index — Constituents & Performance
The Computer - Hardware companies below are the listed Indian Computer - Hardware universe this page tracks — the same constituent set people search for as the Nifty Computer - Hardware index. Every figure is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.
How has Computer - Hardware moved against NIFTY 500?
The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this sector is 66% ahead of NIFTY 500. Earnings across its companies grew 40% on average over the last four reported quarters. It has been ahead of NIFTY 500 on a rolling three-month view for 16 weeks running.
RS ↑16w · 3/4 >200d (−1) · 2/4 lead (−2) · EPS 3/4↑
Both lines start at 200 in the same week, so the distance between them is the whole story: the sector line is an equal-weighted index of its 4 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the sector taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.
Is Computer - Hardware outperforming NIFTY 500?
Computer - Hardware has outperformed NIFTY 500 by 2.4% over the last 52 weeks. Over 13 weeks the gap is a lead of 13.9%. 3 of 4 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Panache Digilife Ltd is the strongest against the sector itself at +14.5%. Readings are as of 2026-07-19.
Sector metric: 24.0 as of 2026-07-19 · CONSOLIDATION · falling.
The central tension: the companies with the most scale are not necessarily the companies creating the most change.
Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.
Bottom line
Computer - Hardware has outperformed NIFTY 500 by 2.4% over 52 weeks and 13.9% over 13 weeks. 3 of 4 covered companies beat NIFTY on Mansfield relative strength, while 1 of 4 beat the sector itself. Redington Ltd leads with revenue of ₹1,28,133 crore, based on 4 of 4 comparable companies through Jun 2026.
4-Factor Sector Score
An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.
How this score is built, and what the marks mean
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Panache Digilife LtdPANACHE | 74.2/100Favorable setup67% evidence | TURNING | 30.3/35 Revenue 100% · PAT 100% · OPM change 10 pp 83% evidence | 16.9/25 ROCE 25.6% · OPM 16% 95% evidence | 10.0/20 P/E 37.3× · PEG — 0% evidence | 17.0/20 RS sector 14.5% · RS bench 22.3% · 1Y 58.9%7 of 10 weeks ahead 70% evidence |
| Exact sum: 30.3 + 16.9 + 10 + 17 = 74.2 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence. | ||||||
| 2Redington LtdREDINGTON | 47.4/100Mixed-negative evidence73% evidence | TURNING | 16.1/35 Revenue 23.2% · PAT -18.1% · OPM change 0.5 pp 95% evidence | 15.3/25 ROCE 18.4% · OPM 2% 76% evidence | 8.0/20 P/E 14× · PEG — 35% evidence | 8.0/20 RS sector -13.8% · RS bench 23.6% · 1Y 9.3%5 of 10 weeks ahead 70% evidence |
| Exact sum: 16.1 + 15.3 + 8 + 8 = 47.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 3TVS Electronics LtdTVSELECT | 43.0/100Thin evidence · provisional59% evidence | TURNING | 22.0/35 Revenue 5.7% · PAT 100% · OPM change 3.7 pp 62% evidence | 4.3/25 ROCE 5.8% · OPM 6% 95% evidence | 10.0/20 P/E 560× · PEG — 0% evidence | 6.7/20 RS sector -6% · RS bench 2.4% · 1Y 19.2%8 of 10 weeks ahead 70% evidence |
| Exact sum: 22 + 4.3 + 10 + 6.7 = 43 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 4Control Print LtdCONTROLPR | 33.4/100Adverse evidence78% evidence | ASLEEP | 7.3/35 Revenue 10.9% · PAT -59.8% · OPM change -3.5 pp 95% evidence | 15.3/25 ROCE 16.4% · OPM 13.2% 95% evidence | 7.8/20 P/E 23.5× · PEG — 35% evidence | 3.0/20 RS sector -9.1% · RS bench -17.5% · 1Y -21.8%0 of 10 weeks ahead 70% evidence |
| Exact sum: 7.3 + 15.3 + 7.8 + 3 = 33.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
Market action
Panache Digilife Ltd has the strongest one-year price move in Computer - Hardware at +58.9%. Redington Ltd leads on Mansfield relative strength against NIFTY at +23.6%. 3 of 4 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-31.
Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.
How far ahead of or behind NIFTY 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS NIFTY 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.
The same measure taken against Computer - Hardware itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.
Revenue Scale & Growth Durability
Redington Ltd has the highest Revenue among the 4 Computer - Hardware companies compared here, at ₹1,28,133 crore. Control Print Ltd is next at ₹486 crore. Panache Digilife Ltd has the highest Revenue growth at the 100% top of the scoring scale, so level and change sit with different companies.
What the numbers say: Redington Ltd is the scale leader at ₹1,28,133 crore, 264× the revenue of Control Print Ltd. Panache Digilife Ltd's growth is stored at the ≥100% scoring cap; the uncapped TTM change is 109.5% from a ₹243 crore base, with 14 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.
Investor read: Redington Ltd is the scale benchmark; Panache Digilife Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.
This conclusion weakens if: Redington Ltd's growth falls below Panache Digilife Ltd's for two consecutive comparable reports while operating margin also compresses.
On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.
All-company data · latest reported quarter
In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Revenue | Revenue growth | Reported |
|---|---|---|---|
| Redington Ltd REDINGTON | ₹34.9K Cr | 35% | Jun 2026 |
| TVS Electronics Ltd TVSELECT⚠ unverified | ₹117 Cr | 2.5% | Mar 2026 |
| Control Print Ltd CONTROLPR⚠ unverified | ₹116 Cr | 3.8% | Jun 2026 |
| Panache Digilife Ltd PANACHE⚠ unverified | ₹100 Cr | 67% | Mar 2026 |
Full 20-quarter history · every available company
Revenue · reported quarter history
Panache Digilife Ltd · PANACHE⚠ unverified
Redington Ltd · REDINGTON
TVS Electronics Ltd · TVSELECT⚠ unverified
Revenue growth · reported quarter history
Control Print Ltd · CONTROLPR⚠ unverified
Panache Digilife Ltd · PANACHE⚠ unverified
Redington Ltd · REDINGTON
TVS Electronics Ltd · TVSELECT⚠ unverified
Operating Economics & Margin Trend
Panache Digilife Ltd has the highest OPM among the 4 Computer - Hardware companies compared here, at 16%. Control Print Ltd is next at 13.2%. The same company also holds the highest Margin change, at +10 percentage points. 4 of 4 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Panache Digilife Ltd leads both opm at 16% and margin change at +10 percentage points.
Investor read: Panache Digilife Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current margin change signal.
All-company data · latest reported quarter
| Company | OPM | Margin change | Reported |
|---|---|---|---|
| Panache Digilife Ltd PANACHE⚠ unverified | 16% | +10.0 pp | Mar 2026 |
| Control Print Ltd CONTROLPR⚠ unverified | 13% | −3.5 pp | Jun 2026 |
| TVS Electronics Ltd TVSELECT⚠ unverified | 6.0% | +3.7 pp | Mar 2026 |
| Redington Ltd REDINGTON | 2.0% | +0.5 pp | Jun 2026 |
Full 20-quarter history · every available company
OPM · reported quarter history
Control Print Ltd · CONTROLPR⚠ unverified
Panache Digilife Ltd · PANACHE⚠ unverified
Redington Ltd · REDINGTON
TVS Electronics Ltd · TVSELECT⚠ unverified
Margin change · reported quarter history
Control Print Ltd · CONTROLPR⚠ unverified
Panache Digilife Ltd · PANACHE⚠ unverified
Redington Ltd · REDINGTON
TVS Electronics Ltd · TVSELECT⚠ unverified
Profit Scale & Acceleration
Redington Ltd has the highest Net profit among the 4 Computer - Hardware companies compared here, at ₹1,504 crore. Control Print Ltd is next at ₹39 crore. Panache Digilife Ltd has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.
What the numbers say: Redington Ltd leads with ₹1,504 crore of TTM profit, 38.6× the profit of Control Print Ltd. Panache Digilife Ltd shows ≥100% on the scoring scale (166.7% uncapped) growth from a ₹16 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.
Investor read: Redington Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.
All-company data · latest reported quarter
| Company | Net profit | Profit growth | Reported |
|---|---|---|---|
| Redington Ltd REDINGTON | ₹453 Cr | 94% | Jun 2026 |
| Panache Digilife Ltd PANACHE⚠ unverified | ₹10 Cr | 400% | Mar 2026 |
| Control Print Ltd CONTROLPR⚠ unverified | ₹4 Cr | -54% | Jun 2026 |
| TVS Electronics Ltd TVSELECT⚠ unverified | ₹3 Cr | -200% | Mar 2026 |
Full 20-quarter history · every available company
Net profit · reported quarter history
Control Print Ltd · CONTROLPR⚠ unverified
Panache Digilife Ltd · PANACHE⚠ unverified
Redington Ltd · REDINGTON
TVS Electronics Ltd · TVSELECT⚠ unverified
Profit growth · reported quarter history
Control Print Ltd · CONTROLPR⚠ unverified
Panache Digilife Ltd · PANACHE⚠ unverified
Redington Ltd · REDINGTON
TVS Electronics Ltd · TVSELECT⚠ unverified
Return On Capital Employed
Panache Digilife Ltd has the highest ROCE among the 4 Computer - Hardware companies compared here, at 25.6%. Redington Ltd is next at 18.4%. The same company also holds the highest ROCE change, at +11.1 percentage points. 4 of 4 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Panache Digilife Ltd leads ROCE at 25.6%, 7.2 percentage points above Redington Ltd. Panache Digilife Ltd has the strongest latest improvement at +11.1 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.
Investor read: Panache Digilife Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current roce change signal.
Withheld from this chart: Redington Ltd (REDINGTON) — its two data sources disagree by up to 36% on reported income across 14 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
All-company data · latest reported quarter
| Company | ROCE | ROCE change | Reported |
|---|---|---|---|
| Panache Digilife Ltd PANACHE⚠ unverified | 26% | +11.1 pp | Mar 2026 |
| Control Print Ltd CONTROLPR⚠ unverified | 15% | −3.0 pp | Jun 2026 |
| TVS Electronics Ltd TVSELECT⚠ unverified | 2.7% | +6.4 pp | Mar 2026 |
Full 20-quarter history · every available company
ROCE · reported quarter history
Control Print Ltd · CONTROLPR⚠ unverified
Panache Digilife Ltd · PANACHE⚠ unverified
TVS Electronics Ltd · TVSELECT⚠ unverified
ROCE change · reported quarter history
Control Print Ltd · CONTROLPR⚠ unverified
Panache Digilife Ltd · PANACHE⚠ unverified
TVS Electronics Ltd · TVSELECT⚠ unverified
Valuation Against Growth & Quality
No company in this Computer - Hardware comparison reports a valuation figure this section can compare, so the PEG rank is empty. On P/E, Redington Ltd is lowest at 14×, across 4 of 4 companies with a usable reading. PEG asks what price is being paid for growth; P/E keeps that answer anchored to the actual earnings multiple.
What the numbers say: There is not enough comparable evidence to name a reliable peg leader.
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/e signal.
All-company data · latest reported quarter
| Company | PEG | P/E | Reported |
|---|---|---|---|
| Redington Ltd REDINGTON | — | 14.1 | Jun 2026 |
| Control Print Ltd CONTROLPR⚠ unverified | — | 24.7 | Jun 2026 |
| TVS Electronics Ltd TVSELECT⚠ unverified | — | 532.9 | Mar 2026 |
| Panache Digilife Ltd PANACHE⚠ unverified | — | 51.8 | Mar 2026 |
Full 20-quarter history · every available company
No consistent historical series is available for peg.
P/E · reported quarter history
Control Print Ltd · CONTROLPR⚠ unverified
Panache Digilife Ltd · PANACHE⚠ unverified
Redington Ltd · REDINGTON
TVS Electronics Ltd · TVSELECT⚠ unverified
What can make this comparison misleading?
This Computer - Hardware comparison names 7 specific ways its own evidence can mislead, all listed below. All 4 companies here report on comparable dates, so no rank carries a stale marker. 3 draw at least one figure from a second feed with too little overlap to cross-check. 1 has second-feed figures withheld because the two sources disagree.
Keep these limits visible
- A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
- A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
- The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
- An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
- 3 companies draw at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; they are marked unverified wherever those figures appear.
- 1 company is missing from the second-feed metrics by decision, not by absence: the two sources disagree, so nothing from the second is drawn. Read those rows as narrower evidence, never as a weaker business.
- Thin comparisons: Valuation have fewer than three usable current readings.
How was this comparison built?
This comparison is built from the reported filings of 4 Computer - Hardware companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-07-31. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.
How a second data feed is admitted, and what happens when it disagrees
A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from.
Computer - Hardware company comparison FAQs
These 21 answers restate the Computer - Hardware comparison above in question form. Every one is computed from the same 4 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-07-31. Nothing here is estimated, and none of it is a recommendation.
Is the Computer - Hardware sector outperforming NIFTY 500?
Computer - Hardware has outperformed NIFTY 500 by 2.4% over 52 weeks and 13.9% over 13 weeks. 3 of 4 covered companies beat NIFTY on Mansfield relative strength, while 1 of 4 beat the sector itself.
Which Computer - Hardware company is largest by revenue?
Redington Ltd leads with revenue of ₹1,28,133 crore, based on 4 of 4 comparable companies through Jun 2026.
Which Computer - Hardware company is growing fastest?
Panache Digilife Ltd has the fastest current revenue growth at 100%, across 4 of 4 comparable companies.
Which Computer - Hardware company has the strongest 4-Factor Sector Score?
Panache Digilife Ltd ranks first at 74.2/100 with 66.8% evidence confidence. The score prioritizes research; it is not a buy recommendation.
How much history does this Computer - Hardware comparison include?
The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.
How is the 4-Factor Sector Score calculated?
The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.
What is the Nifty Computer - Hardware index?
The Nifty Computer - Hardware index tracks India's listed Computer - Hardware companies as a single basket. This page follows the same 4 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the Computer - Hardware sector rather than to its largest constituent. Figures are as of Jun 2026.
Which are the best Computer - Hardware stocks in India?
Ranked by this page's four-factor score, Panache Digilife Ltd places first among 4 listed Computer - Hardware companies, followed by Redington Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.
How many Computer - Hardware stocks are listed in India?
This comparison covers 4 listed Computer - Hardware companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.
Which Computer - Hardware company is the biggest?
Redington Ltd is the largest, with trailing-twelve-month revenue of ₹1,28,133 crore, ahead of Control Print Ltd at ₹486 crore. That covers 4 of 4 companies with comparable reporting through Jun 2026.
Which Computer - Hardware company has the best profit margins?
Panache Digilife Ltd has the highest operating margin at 16%, from 4 of 4 comparable companies. Panache Digilife Ltd shows the biggest recent improvement, at +10 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.
Which Computer - Hardware company makes the most profit?
Redington Ltd earns the most, at ₹1,504 crore of trailing-twelve-month net profit, from 4 of 4 comparable companies. Panache Digilife Ltd has the fastest profit growth at 100%, though growth off a small or recovering profit base overstates how much has actually changed.
Which Computer - Hardware company earns the highest return on capital?
Panache Digilife Ltd leads on return on capital employed at 25.6%, across 4 of 4 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.
Is the Computer - Hardware sector beating the market?
Computer - Hardware has outperformed NIFTY 500 by 2.4% over the last 52 weeks and 13.9% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 3 of 4 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.
Which Computer - Hardware stock has the strongest price momentum?
Redington Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.
Which Computer - Hardware company scores highest for research priority?
Panache Digilife Ltd scores 74.2 out of 100 with 66.8% evidence confidence, from 30.3 points on growth and earnings, 16.9 on capital efficiency, 10 on valuation and 17 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.
How many Computer - Hardware companies does this comparison cover, and over what period?
It compares 4 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.
What is the total market cap of the Computer - Hardware sector?
The 4 Computer - Hardware companies on this page carry ₹27,664 crore of combined market value. Redington Ltd is the largest at ₹25,146 crore, about 91% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-05.
How is the Computer - Hardware sector performing?
3 of the 4 covered Computer - Hardware companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 2.4% ahead of NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-05.
Why are some values on this page blank?
A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.
Is this investment advice?
No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.