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Redington Ltd

(REDINGTON)

₹207.020.82%

as on 04:01PM, 26 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Redington Ltd Analyst Rating

based on 5 analysts

BUY

80.00%

Buy

0.00%

Hold

20.00%

Sell

Based on 5 analysts offering long term price targets for Redington Ltd. An average target of ₹213.8

Source: S&P Global Market Intelligence

Redington Ltd Share analysis

Redington Ltd price forecast by 5 analysts

Upside of2.43%

High

₹240

Target

₹213.80

Low

₹155

Redington Ltd target price ₹213.8, a slight upside of 2.43% compared to current price of ₹207.02. According to 5 analysts rating.

Source: S&P Global Market Intelligence

Redington Ltd Performance

  • Day's Low

    Day's High

    ₹206.01
    Day's Price Range
    ₹209.63
  • 52 Week's Low

    52 Week's High

    ₹158.61
    52-Week Price Range
    ₹237.55
1 Month Return+ 5.44 %
3 Month Return+ 12.35 %
1 Year Return+ 18.8 %
Previous Close₹208.73
Open₹208.00
Volume7.19L
Upper Circuit-
Lower Circuit-
Market Cap₹16,317.98Cr

Redington Ltd Key Statistics

P/E Ratio13.54
PEG Ratio-28.8
Market Cap₹16,317.98 Cr
P/B Ratio4.49
EPS15.84
Dividend Yield2.98
SectorTrading
ROE32.13

Redington Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹16,317.98 Cr51.63%0.66₹1,238 Cr₹89,345 Cr
NA₹144.08 Cr449.39%0.93NANA
NA₹1,575.18 Cr671.15%0.50₹92 Cr₹133 Cr
NA₹5.38 Cr0.7%0.50NANA
NA₹54.21 Cr136.03%0.55-₹1 Cr₹2 Cr

About Redington Ltd

Redington Ltd is a leading global technology distribution company, incorporated in 1993 and headquartered in Chennai, India. Redington has grown exponentially over the past 25 years, with a presence in over 50 countries across the Middle East, Africa, and Asia.

Redington's operations span a wide range of products and services, including IT hardware, consumer electronics, lifestyle products, enterprise solutions, and more. Redington is a major player in the IT hardware market, offering products from top brands such as Dell, HP, Lenovo, and Acer. The company also distributes consumer electronics from brands such as Apple, Samsung, Sony, and LG. Redington's lifestyle products include watches, sunglasses, apparel, and accessories from popular brands such as Fossil, Ray-Ban, and Tommy Hilfiger.

Redington's enterprise solutions are tailored to meet the needs of businesses, providing services such as cloud computing, data analytics, and enterprise mobility. The company also offers a wide range of software solutions from popular brands such as Microsoft, Oracle, and Adobe.

Share Price: ₹207.02 per share as on 26 Dec, 2024 04:01 PM
Market Capitalisation: ₹16,317.98Cr as of today
Revenue: ₹24,895.56Cr as on September 2024 (Q3 24)
Net Profit: ₹282.88Cr as on September 2024 (Q3 24)
Listing date: 15 Feb, 2007
Chairperson Name: J Ramachandran
OrganisationRedington Ltd
Headquarters
IndustryTrading
E-voting on sharesClick here to vote

Key events for Redington Ltd

  • Redington Partners to Advance UAV Technology in India - 24 Dec, 2024

    Redington Limited has partnered with Tunga Aerospace Industries to develop and distribute advanced UAV technology, enhancing India's self-reliance in defense and commercial sectors.

Insights on Redington Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, REDINGTON stock has moved up by 0.5%

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 246.04 Cr → 292.87 Cr (in ₹), with an average increase of 16.0% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 21.33K Cr → 24.95K Cr (in ₹), with an average increase of 14.5% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 33.70% to 33.90% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Panache Digilife Ltd has given 294.8% return, outperforming this stock by 276.0%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Panache Digilife Ltd has given 362.0% return, outperforming this stock by 316.1%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 11.96% to 11.86% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 23.99% to 23.84% in Sep 2024 quarter

Redington Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹22,220.15Cr (-)₹23,504.97Cr (↑5.78%)₹22,433.41Cr (↓4.56%)₹21,282.33Cr (↓5.13%)₹24,895.56Cr (↑16.98%)
Net Income₹311.64Cr (-)₹347.88Cr (↑11.63%)₹323.89Cr (↓6.90%)₹217.04Cr (↓32.99%)₹282.88Cr (↑30.34%)
Net Profit Margin1.40% (-)1.48% (↑5.71%)1.44% (↓2.70%)1.02% (↓29.17%)1.14% (↑11.76%)
Value in ₹ crore
Details2021202220232024
Total Assets₹5,261.56Cr (-)₹7,867.72Cr (↑49.53%)₹9,780.33Cr (↑24.31%)₹10,776.48Cr (↑10.19%)
Total Liabilities₹3,193.83Cr (-)₹5,318.90Cr (↑66.54%)₹6,673.90Cr (↑25.48%)₹7,152.22Cr (↑7.17%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹239.69Cr (-)₹870.00Cr (↑262.97%)₹670.10Cr (↓22.98%)-₹2,086.84Cr (↓411.42%)₹271.92Cr (↓113.03%)

Index Inclusions

S&P BSE 250 SmallCap

₹7,049.73

-0.05 (-3.4%)

Nifty Small 100

₹18,728.65

-0.02 (-4%)

BSE 500

₹35,265.03

0.12 (42.38%)

S&P BSE SmallCap Select

₹8,044.97

-0.05 (-4.19%)

S&P BSE 400 MidSmallCap

₹12,120.29

0.05 (5.7%)

Nifty Smallcap 50

₹8,929.15

-0.06 (-4.95%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Nifty Smallcap 250

₹17,667.45

-0.03 (-5%)

Nifty MidSmallcap 400

₹19,916.55

0.04 (7.65%)

Nifty 500

₹22,430.35

0.12 (27.65%)

BSE Small-Cap

₹54,893.21

-0.24 (-129.96%)

Redington Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
0%
0.00
Foreign Institutions
33.9%
0.59
Mutual Funds
11.86%
-0.81
Retail Investors
23.84%
-0.63
Others
30.4%
0.16

Redington Ltd Key Indicators

Details20202021202220232024
Return On Equity %28.7513.6140.5137.9132.13
Details20202021202220232024
Return On Assets %9.0214.4116.2714.2411.31
Details20202021202220232024
Book Value Per Share (₹)55.3863.4574.0388.6496.56
Details20202021202220232024
Earning Per Share (₹)6.8610.1316.8318.4215.84

Redington Ltd Valuation

Redington Ltd in the last 5 years

  • Overview

  • Trends

Lowest (4.29x)

March 27, 2020

Today (13.54x)

December 24, 2024

Industry (94.81x)

December 24, 2024

Highest (22.53x)

July 13, 2021

LowHigh

Redington Ltd Earnings and Dividends

  • Redington Ltd Earnings Results

    Redington Ltd’s net profit fell -3.49% since last year same period to ₹292.87Cr in the Q2 2024-2025. On a quarterly growth basis, Redington Ltd has generated 19.03% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Redington Ltd Dividends June,2024

    In the quarter ending March 2024, Redington Ltd has declared dividend of ₹6.20 - translating a dividend yield of 2.97%.

    Read More about Dividends

Redington Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Redington Ltd is currently in a Bullish trading position according to technical analysis indicators.

FAQs on Redington Ltd

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Redington Ltd (REDINGTON) share price today is ₹207.02

Redington Ltd is listed on NSE

Redington Ltd is listed on BSE

  • Today’s highest price of Redington Ltd is ₹209.63.
  • Today’s lowest price of Redington Ltd is ₹206.01.

PE Ratio of Redington Ltd is 13.54

PE ratio = Redington Ltd Market price per share / Redington Ltd Earnings per share

Today’s traded volume of Redington Ltd(REDINGTON) is 7.19L.

Today’s market capitalisation of Redington Ltd(REDINGTON) is ₹16317.98Cr.

Redington Ltd(REDINGTONPrice
52 Week High
₹237.55
52 Week Low
₹158.61

Redington Ltd(REDINGTON) share price is ₹207.02. It is down -12.85% from its 52 Week High price of ₹237.55

Redington Ltd(REDINGTON) share price is ₹207.02. It is up 30.52% from its 52 Week Low price of ₹158.61

Redington Ltd(REDINGTONReturns
1 Day Returns
-1.71%
1 Month Returns
5.44%
3 Month Returns
12.35%
1 Year Returns
18.8%