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Redington Ltd

REDINGTON Share Price

239.201.96% (-4.77)

REDINGTON Share Price Chart

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Information TechnologyTechnology Hardware
SmallcapWith a market cap of ₹18,621 cr, stock is ranked 338
Moderate RiskStock is 2.99x as volatile as Nifty

REDINGTON Stock Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

Information TechnologyTechnology Hardware
SmallcapWith a market cap of ₹18,621 cr, stock is ranked 338
Moderate RiskStock is 2.99x as volatile as Nifty

REDINGTON Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
14.722.372.60%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
30.718.161.91%

REDINGTON Analyst Ratings & Forecast

Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 4 analysts

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

REDINGTON Company Profile

Redington (India) Limited operates in the information technology product distribution business, supply chain solutions and after sales services of information technology products.

Investor Presentation

View older 

Feb 5, 2025

PDF
View Older Presentations

REDINGTON Similar Stocks (Peers)

Compare with peers 
PE Ratio
63.19
1Y Return
55.55%
Buy Reco %
PE Ratio
13.54
1Y Return
7.94%
Buy Reco %
PE Ratio
15.73
1Y Return
42.66%
Buy Reco %
PE Ratio
22.85
1Y Return
2.38%
Buy Reco %
PE Ratio
2,215.59
1Y Return
25.81%
Buy Reco %
Compare with Peers
REDINGTON Sentiment Analysis
New
Crisp summary & key insights to decode earnings calls instantly

REDINGTON Stock Summary · May 2024

Redington Limited achieved a record revenue of INR 22,513 crores in Q4 FY 2024, driven by strong growth in India and Saudi Arabia, despite facing challenges in markets like Turkey and Africa due to high inflation and currency fluctuations. The company’s operational efficiency improved, evidenced by a reduction in working capital days and a positive free cash flow, while maintaining a stable gross margin. Strategic investments in cloud and software solutions are expected to enhance profitability, although delays in government contracts have posed challenges. Management remains cautiously optimistic about future growth opportunities, particularly in emerging markets, while focusing on capital efficiency and competitive positioning in the technology distribution landscape.

Key Points on REDINGTON Stock Performance
REDINGTON Stock Growth Drivers
7
  • Strong Financial Performance

    Redington Limited reported a record revenue of INR 22,513 crores in Q4 FY '24, marking

  • Operational Efficiency Improvements

    The company successfully reduced its working capital from 36 to 34 days, enhancing operational efficiency.

REDINGTON Stock Challenges
6
  • Weakness in Mobility Segment

    The mobility segment has experienced a sequential decline, particularly in the SISA business mobility segment.

  • Challenges in African Markets

    Redington Limited is facing significant challenges in Africa, primarily due to currency fluctuations affecting operations

REDINGTON Forecasts

Price

Revenue

Earnings

REDINGTON

Income

Balance Sheet

Cash Flow

REDINGTON Income Statement

Industry refers to the sub-sector this company belongs to.
Higher than Industry Revenue Growth
A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 13.97%, vs industry avg of 11.72%

Increasing Market Share
Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 76.42% to 83.65%

Higher than Industry Net Income
Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 19.13%, vs industry avg of 15.04%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue35,476.1641,156.0441,641.6746,599.3851,513.7857,041.5962,731.5779,518.7189,609.5595,564.67
Raw Materialssubtract34,285.6438,437.4338,898.0944,598.9948,276.5753,110.6660,151.6377,073.0283,693.9993,436.20
Power & Fuel Costsubtract0.000.000.000.000.000.000.000.000.00
Employee Costsubtract539.81627.25652.95724.20783.78831.98885.661,168.411,289.44
Selling & Administrative Expensessubtract491.32571.00500.54675.57539.52522.77665.78742.98941.12
Operating & Other expensessubtract-680.25627.92705.17-357.53777.511,095.10-897.94-1,810.041,412.42
Depreciation/Amortizationsubtract46.8254.6856.9463.36155.40148.20141.28155.40181.10206.15
Interest & Other Itemssubtract202.50183.25197.41271.45288.72204.75162.80355.47516.83355.11
Taxes & Other Itemssubtract166.79190.29148.93115.56177.07369.85342.45440.91356.03302.40
EPS5.305.816.026.436.629.7416.4117.8215.5916.18
DPS1.052.151.201.202.155.806.607.206.206.20
Payout ratio0.200.370.200.190.320.600.400.400.400.38

REDINGTON Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022

Annual report

PDF

Investor Presentation

May 22PDF
FY 2023

Annual report

PDF

Investor Presentation

May 16PDF
Feb 1PDF
Nov 2PDF
+3 more
FY 2024

Annual report

PDF

Investor Presentation

Aug 1PDF
FY 2025

Annual Report Pending

Investor Presentation

Feb 5PDF
Oct 29PDF
 

REDINGTON Past Performance & Peer Comparison

Comparing 3 stocks from 
Information TechnologyTechnology Hardware

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Redington Ltd15.282.372.60%
Optiemus Infracom Ltd63.198.41
Rashi Peripherals Ltd13.541.230.34%
D Link (India) Limited15.733.353.17%

REDINGTON Stock Price Comparison

Compare REDINGTON with any stock or ETF
Compare REDINGTON with any stock or ETF
REDINGTON
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REDINGTON Shareholdings

REDINGTON Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

REDINGTON Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

REDINGTON Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding0.00%12.54%6.10%58.52%22.84%

Mar 2024

Jun 2024

Sep 2024

Dec 2024

REDINGTON Shareholding History

SepDec '23MarJunSepDec '2456.25%56.99%58.10%57.87%58.07%58.52%

Mutual Funds Invested in REDINGTON

Mutual Fund Holding
Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Redington Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
4.1707%1.18%0.26%15/85 (+5)
1.7330%1.49%0.17%12/132 (+3)
1.5956%1.08%0.29%30/90 (+17)

Compare 3-month MF holding change on Screener

REDINGTON Insider Trades & Bulk Stock Deals

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smallcases containing REDINGTON stock

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REDINGTON Events

REDINGTON Dividend Trend

No Trend In Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

REDINGTON has shown inconsistent dividend trend over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 2.55%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹25.52 every year

Dividends

Corp. Actions

Announcements

Legal Orders

REDINGTON Upcoming Dividends

No upcoming dividends are available

REDINGTON Past Dividends

Cash Dividend

Ex DateEx DateJul 5, 2024

Final
Final | Div/Share: ₹6.20

Dividend/Share

6.20

Ex DateEx Date

Jul 5, 2024

Cash Dividend

Ex DateEx DateJul 7, 2023

Final
Final | Div/Share: ₹7.20

Dividend/Share

7.20

Ex DateEx Date

Jul 7, 2023

Cash Dividend

Ex DateEx DateJul 14, 2022

Final
Final | Div/Share: ₹6.60

Dividend/Share

6.60

Ex DateEx Date

Jul 14, 2022

Cash Dividend

Ex DateEx DateJul 16, 2021

Special
Special | Div/Share: ₹4.00

Dividend/Share

4.00

Ex DateEx Date

Jul 16, 2021

Cash Dividend

Ex DateEx DateJul 16, 2021

Final
Final | Div/Share: ₹7.60

Dividend/Share

7.60

Ex DateEx Date

Jul 16, 2021

REDINGTON Stock News & Opinions

Corporate
Arena completes divestment of Paynet

Redington announced that its step down subsidiary, Arena Bilgisayar Sanayi Ve Ticaret A.S (Arena) has completed the divestment of its wholly owned subsidiary, Paynet 'deme Hizmetler A.' (Paynet) to Iyzi Payment and Electronic Money Services Inc on 13 February 2025. Consequently, Paynet has ceased to be a subsidiary of Arena. The consideration received from such sale is USD 87.00 Million plus net cash of USD 2.29 Million, aggregating to USD 89.29 Million. Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Redington announces divestment of Paynet in Turkey

Redington announced that its step-down subsidiary, Arena Bilgisayar Sanayi Ve Ticaret A.S (Arena) has received the approval of the Turkish Competition Authority and the Central Bank of the Republic of Turkey for divestment of its entire stake in wholly owned subsidiary, Paynet 'deme Hizmetler A.' (Paynet) to Iyzi Payment and Electronic Money Services Inc.Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Redington consolidated net profit rises 17.47% in the December 2024 quarter

Net profit of Redington rose 17.47% to Rs 400.31 crore in the quarter ended December 2024 as against Rs 340.78 crore during the previous quarter ended December 2023. Sales rose 13.66% to Rs 26716.08 crore in the quarter ended December 2024 as against Rs 23504.97 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales26716.0823504.97 14 OPM %2.262.20 - PBDT566.87477.25 19 PBT512.88433.92 18 NP400.31340.78 17 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Redington to announce Quarterly Result

Redington will hold a meeting of the Board of Directors of the Company on 5 February 2025.Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Redington consolidated net profit declines 3.49% in the September 2024 quarter

Net profit of Redington declined 3.49% to Rs 292.87 crore in the quarter ended September 2024 as against Rs 303.47 crore during the previous quarter ended September 2023. Sales rose 12.04% to Rs 24895.56 crore in the quarter ended September 2024 as against Rs 22220.15 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales24895.5622220.15 12 OPM %1.842.17 - PBDT430.82452.06 -5 PBT381.33408.33 -7 NP292.87303.47 -3 Powered by Capital Market - Live

4 months agoCapital Market - Live

Redington CEO Ramesh Natarajan: AI PCs Are A Good Trend To Look For | NDTV Profit

7 months agoBloomberg Quint

Redington consolidated net profit declines 1.10% in the June 2024 quarter

7 months agoBusiness Standard
Earnings
Redington consolidated net profit declines 1.10% in the June 2024 quarter

Net profit of Redington declined 1.10% to Rs 246.04 crore in the quarter ended June 2024 as against Rs 248.78 crore during the previous quarter ended June 2023. Sales rose 0.45% to Rs 21282.33 crore in the quarter ended June 2024 as against Rs 21187.18 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales21282.3321187.18 0 OPM %1.741.98 - PBDT343.47394.24 -13 PBT292.46351.86 -17 NP246.04248.78 -1 Powered by Capital Market - Live

7 months agoCapital Market - Live

Redington Q1 results: Net profit down 1% at Rs 246 cr as demands fall

7 months agoBusiness Standard
Corporate
Redington to declare Quarterly Result

Redington will hold a meeting of the Board of Directors of the Company on 31 July 2024.Powered by Capital Market - Live

8 months agoCapital Market - Live

Frequently asked questions

  1. What is the share price of Redington Ltd (REDINGTON) today?

    The share price of REDINGTON as on 26th March 2025 is ₹239.20. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Redington Ltd (REDINGTON) share?

    The past returns of Redington Ltd (REDINGTON) share are
    • Past 1 week: 6.58%
    • Past 1 month: -2.56%
    • Past 3 months: 15.06%
    • Past 6 months: 28.21%
    • Past 1 year: 14.85%
    • Past 3 years: 61.38%
    • Past 5 years: 651.42%

  3. What are the peers or stocks similar to Redington Ltd (REDINGTON)?
  4. What is the dividend yield % of Redington Ltd (REDINGTON) share?

    The current dividend yield of Redington Ltd (REDINGTON) is 2.60.

  5. What is the market cap of Redington Ltd (REDINGTON) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Redington Ltd (REDINGTON) is ₹18621.87 Cr as of 26th March 2025.

  6. What is the 52 week high and low of Redington Ltd (REDINGTON) share?

    The 52-week high of Redington Ltd (REDINGTON) is ₹263.89 and the 52-week low is ₹158.61.

  7. What is the PE and PB ratio of Redington Ltd (REDINGTON) stock?

    The P/E (price-to-earnings) ratio of Redington Ltd (REDINGTON) is 15.28. The P/B (price-to-book) ratio is 2.37.

  8. Which sector does Redington Ltd (REDINGTON) belong to?

    Redington Ltd (REDINGTON) belongs to the Information Technology sector & Technology Hardware sub-sector.

  9. How to buy Redington Ltd (REDINGTON) shares?

    You can directly buy Redington Ltd (REDINGTON) shares on Tickertape. Simply sign up, connect your demat account and place your order.