down arrow

Redington

  • Market Cap: Mid Cap
  • Industry: IT - Hardware
  • ISIN: INE891D01026
  • NSEID: REDINGTON
  • BSEID: 532805
INR
214.35
10.35 (5.07%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 78.82 lacs

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

209.50217.75

52 Week

159.10263.80
Valuation
Technical
Day's Volume

CASH

78.82 lacs (111.02%) Volume

Shareholding (Dec 2024)

FII

58.52%

Held by 270 FIIs

DII

18.64%

Held by 74 DIIs

Promoter

0.00%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
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

5

Stock is technically in a Mildly Bullish range

6

With ROE of 15.8, it has a Fair valuation with a 2.1 Price to Book Value

7

High Institutional Holdings at 77.16%

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

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

IT - Hardware

stock-summary
Market cap

INR 16,757 Cr (Mid Cap)

stock-summary
P/E

13.00

stock-summary
Industry P/E

18

stock-summary
Dividend Yield

3.04%

stock-summary
Debt Equity

0.00

stock-summary
Return on Equity

15.85%

stock-summary
Price to Book

2.10

Revenue and Profits (1 Year):
Net Sales:
26,716 Cr
(Quarterly Results - Dec 2024)
Net Profit:
400 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (3.04%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
16.15%
0%
16.15%
1 Year
-2.77%
2.84%
0.07%
2 Years
20.52%
7.64%
28.16%
3 Years
35.79%
15.08%
50.87%
4 Years
143.23%
25.83%
169.06%
5 Years
421.22%
54.67%
475.89%

Latest dividend: 6.2 per share ex-dividend date: Jul-05-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
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%
Valuation 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%
Tecnicals 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
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

FIIs

Pledged Promoter Holdings

None

Mutual Funds

Held by 16 Schemes (12.54%)

FIIs

Held by 270 FIIs (58.52%)

Promoter with highest holding

None

Highest Public shareholder

Synnex Technology International Corporation (24.12%)

Individual Investors Holdings

16.69%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 7.31% vs 16.98% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 36.69% vs 19.03% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "26,716.08",
          "val2": "24,895.56",
          "chgp": "7.31%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "602.50",
          "val2": "458.23",
          "chgp": "31.48%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "83.98",
          "val2": "84.07",
          "chgp": "-0.11%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "400.31",
          "val2": "292.87",
          "chgp": "36.69%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "2.26%",
          "val2": "1.84%",
          "chgp": "0.42%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 6.38% vs 21.07% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -2.42% vs -21.42% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "46,177.89",
          "val2": "43,407.33",
          "chgp": "6.38%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "829.37",
          "val2": "900.63",
          "chgp": "-7.91%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "164.70",
          "val2": "194.27",
          "chgp": "-15.22%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "538.91",
          "val2": "552.25",
          "chgp": "-2.42%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "1.80%",
          "val2": "2.07%",
          "chgp": "-0.27%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 8.94% vs 16.31% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 5.17% vs -17.50% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "72,893.97",
          "val2": "66,912.30",
          "chgp": "8.94%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1,431.87",
          "val2": "1,417.93",
          "chgp": "0.98%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "248.68",
          "val2": "278.88",
          "chgp": "-10.83%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "939.22",
          "val2": "893.03",
          "chgp": "5.17%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "1.96%",
          "val2": "2.12%",
          "chgp": "-0.16%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 12.56% vs 26.71% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -12.49% vs 8.80% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "89,345.71",
          "val2": "79,376.78",
          "chgp": "12.56%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1,877.22",
          "val2": "2,118.80",
          "chgp": "-11.40%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "385.31",
          "val2": "271.86",
          "chgp": "41.73%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "1,218.62",
          "val2": "1,392.56",
          "chgp": "-12.49%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "2.10%",
          "val2": "2.67%",
          "chgp": "-0.57%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
26,716.08
24,895.56
7.31%
Operating Profit (PBDIT) excl Other Income
602.50
458.23
31.48%
Interest
83.98
84.07
-0.11%
Exceptional Items
0.00
0.00
Consolidate Net Profit
400.31
292.87
36.69%
Operating Profit Margin (Excl OI)
2.26%
1.84%
0.42%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 7.31% vs 16.98% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is 36.69% vs 19.03% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
46,177.89
43,407.33
6.38%
Operating Profit (PBDIT) excl Other Income
829.37
900.63
-7.91%
Interest
164.70
194.27
-15.22%
Exceptional Items
0.00
0.00
Consolidate Net Profit
538.91
552.25
-2.42%
Operating Profit Margin (Excl OI)
1.80%
2.07%
-0.27%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 6.38% vs 21.07% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is -2.42% vs -21.42% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
72,893.97
66,912.30
8.94%
Operating Profit (PBDIT) excl Other Income
1,431.87
1,417.93
0.98%
Interest
248.68
278.88
-10.83%
Exceptional Items
0.00
0.00
Consolidate Net Profit
939.22
893.03
5.17%
Operating Profit Margin (Excl OI)
1.96%
2.12%
-0.16%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 8.94% vs 16.31% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 5.17% vs -17.50% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
89,345.71
79,376.78
12.56%
Operating Profit (PBDIT) excl Other Income
1,877.22
2,118.80
-11.40%
Interest
385.31
271.86
41.73%
Exceptional Items
0.00
0.00
Consolidate Net Profit
1,218.62
1,392.56
-12.49%
Operating Profit Margin (Excl OI)
2.10%
2.67%
-0.57%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 12.56% vs 26.71% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is -12.49% vs 8.80% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Redington Ltd stock-summary
stock-summary
Redington Ltd
Mid Cap
IT - Hardware
An integrated supply chain solution provider, Redington India Limited was incorporated on 2nd May 1961. Being the second largest distributor of IT products in India, the company and through all its subsidiaries distributes products from over 220 leading manufacturers, services over 39,500 channel partners in India. It is engaged in distribution of Information Technology, mobility and other technology products besides supply chain solutions.
Company Coordinates stock-summary
Company Details
SPL Guindy House, 95 Mount Road Guindy Chennai Tamil Nadu : 600032
stock-summary
Tel: 91-44-42243353
stock-summary
http://www.redingtonindia.com
stock-summary
investors@redington.co.in
Registrar Details
Cameo Corporate Services Ltd , Subramanian Buildings No 1 , Club House Road, Chennai
Stock List
ABCDEFGHIJKLMNOPQRSTUVWXYZOther
Footer Logo
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
GET THE MARKETSMOJO APP
Company
Stocks
Portfolio
Market
Webinars
"Investment in securities markets are subject to market risk. Read all the related documents carefully before investing."