ScoreWhy is Redington Ltd ?
1
High Management Efficiency with a high ROE of 18.03%
2
Company has a low Debt to Equity ratio (avg) at 0 times
3
Healthy long term growth as Net Sales has grown by an annual rate of 13.16%
4
Positive results in Dec 24
- INVENTORY TURNOVER RATIO(HY) Highest at 13.89 times
- NET SALES(Q) Highest at Rs 26,716.08 cr
- PBDIT(Q) Highest at Rs 602.50 cr.
5
Stock is technically in a Mildly Bullish range
- Multiple factors for the stock are Bullish like MACD, KST and DOW
6
With ROE of 15.8, it has a Fair valuation with a 2.1 Price to Book Value
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -3.22%, its profits have risen by 5.1% ; the PEG ratio of the company is 2.5
7
High Institutional Holdings at 77.16%
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
- Their stake has increased by 1% over the previous quarter.
8
With its market cap of Rs 15,776 cr, it is the biggest company in the sector and constitutes 39.59% of the entire sector
- Its annual Sales of Rs 95,327.38 are 91.23% of the industry
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Redington should be less than 10%
- Overall Portfolio exposure to IT - Hardware should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in IT - Hardware)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Redington for you?
High Risk, Medium Return
Absolute
Risk Adjusted
Volatility
Redington
-2.77%
-0.08
41.84%
SENSEX
0.45%
0.03
14.48%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
13.16%
EBIT Growth (5y)
13.32%
EBIT to Interest (avg)
7.69
Debt to EBITDA (avg)
1.19
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
8.78
Tax Ratio
21.72%
Dividend Payout Ratio
39.77%
Pledged Shares
0
Institutional Holding
77.16%
ROCE (avg)
28.45%
ROE (avg)
18.03%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
13
Industry P/E
18
Price to Book Value
2.10
EV to EBIT
9.47
EV to EBITDA
8.44
EV to Capital Employed
2.10
EV to Sales
0.17
PEG Ratio
2.46
Dividend Yield
3.04%
ROCE (Latest)
21.15%
ROE (Latest)
15.85%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Mildly Bearish
Dow Theory
Mildly Bearish
Bullish
OBV
Mildly Bearish
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend11What is working for the Company
INVENTORY TURNOVER RATIO(HY)
Highest at 13.89 times
NET SALES(Q)
Highest at Rs 26,716.08 cr
PBDIT(Q)
Highest at Rs 602.50 cr.
OPERATING PROFIT TO NET SALES(Q)
Highest at 2.26%
PBT LESS OI(Q)
Highest at Rs 464.53 cr.
PAT(Q)
Highest at Rs 400.31 cr.
EPS(Q)
Highest at Rs 5.12
-1What is not working for the Company
DEBTORS TURNOVER RATIO(HY)
Lowest at 5.82 times
Loading Valuation Snapshot...
Here's what is working for Redington
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 464.53 cr has Grown at 48.1 %
over average PBT of the previous four quarters of Rs 313.69 CrMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Inventory Turnover Ratio- Half Yearly
Highest at 13.89 times and Grown
each half year in the last five half yearly periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Net Sales - Quarterly
Highest at Rs 26,716.08 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 602.50 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Highest at 2.26%
in the last five quartersMOJO Watch
Company's efficiency has improved
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 464.53 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 400.31 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 400.31 cr has Grown at 32.9 %
over average PAT of the previous four quarters of Rs 301.32 CrMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 5.12
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Here's what is not working for Redington
Debtors Turnover Ratio- Half Yearly
Lowest at 5.82 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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