Redington

how big is Redington?

As of Jun 06, Redington Ltd has a market capitalization of 21,573.00 Cr, with net sales of 99,333.65 Cr and net profit of 1,604.84 Cr over the latest four quarters. Shareholder's funds are 7,548.72 Cr, and total assets amount to 24,305.18 Cr as of Mar'24.

Market Cap: Redington Ltd has a market capitalization of 21,573.00 Cr and is classified as a Large Cap company as of Jun 06.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which includes Mar'25, Dec'24, Sep'24, and Jun'24, is 99,333.65 Cr. The sum of Net Profit for the same period is 1,604.84 Cr. This data is Consolidated.<BR><BR>Balance Sheet Snapshot: This is Consolidated data for the latest annual period ending Mar'24. Shareholder's Funds are reported at 7,548.72 Cr, and Total Assets amount to 24,305.18 Cr.

When is the next results date for Redington?

No Upcoming Board Meetings

Who are in the management team of Redington?

As of March 2023, the management team of Redington includes Chairman J Ramachandran, Managing Director Rajiv Srivastava, and several independent directors, along with company secretary M Muthukumarasamy and nominees Tu Shu Chyuan and Chen Yi-Ju, each contributing to the company's governance and strategy.

As of March 2023, the management team of Redington includes the following individuals:<BR><BR>1. J Ramachandran - Chairman & Independent Director<BR>2. Tu Shu Chyuan - Nominee<BR>3. M Muthukumarasamy - Company Secretary & Compliance Officer<BR>4. V S Hariharan - Independent Director<BR>5. Keith WF Bradley - Independent Director<BR>6. B Ramaratnam - Independent Director<BR>7. Chen, Yi-Ju - Nominee<BR>8. Anita P Belani - Independent Director<BR>9. S V Krishnan - Whole Time Director<BR>10. Rajiv Srivastava - Managing Director<BR><BR>Each member brings unique expertise to the company, contributing to its governance and strategic direction.

What does Redington do?

Redington Ltd is a leading integrated supply chain solution provider and the second largest IT product distributor in India, with a market cap of Rs 22,089 Cr and a net profit of 666 Cr for the quarter ending March 2025. Key metrics include a P/E ratio of 20.00 and a dividend yield of 2.24%.

Overview:<BR>Redington Ltd is an integrated supply chain solution provider operating in the Trading & Distributors industry, categorized as a Large Cap company.<BR><BR>History:<BR>Incorporated on 2 May, 1961, Redington Ltd is the second largest distributor of IT products in India. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 26,440 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 666 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 22,089 Cr (Large Cap)<BR><BR>Key Metrics:<BR>P/E: 20.00 <BR>Industry P/E: 27 <BR>Dividend Yield: 2.24% <BR>Debt-Equity: 0.16 <BR>Return on Equity: 12.67% <BR>Price to Book: 2.48 <BR><BR>Contact Details:<BR>Address: SPL Guindy House, 95 Mount Road Guindy Chennai Tamil Nadu : 600032 <BR>Tel: 91-44-42243353 <BR>Email: investors@redington.co.in <BR>Website: http://www.redingtonindia.com

What is the bonus history of the Redington?

Redington Ltd's most recent bonus issue was a 1:1 bonus announced on August 18, 2021, with a record date of August 20, 2021, allowing shareholders to receive one additional share for each share held.

Redington Ltd has a notable bonus history, with its latest bonus issue being a 1:1 bonus announced on August 18, 2021. The record date for this bonus was August 20, 2021. This means that shareholders received one additional share for every share they held as of the record date.

Has Redington declared dividend?

Yes, Redington has declared a dividend of 310%, amounting to ₹6.2 per share, with an ex-date of July 5, 2024. The company has shown strong financial performance, achieving total returns of up to 608.88% over the past five years.

Redington has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 310%<BR>- Amount per share: 6.2<BR>- Ex-date: Jul-05-2024<BR><BR>Dividend Yield: 2.24%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, Redington has achieved a price return of 36.02% with no dividend return, resulting in a total return of 36.02%.<BR><BR>Over the past year, the company recorded a price return of 37.38% and a dividend return of 2.88%, culminating in a total return of 40.26%.<BR><BR>For the 2-year period, Redington experienced a price return of 52.58% alongside a dividend return of 7.15%, leading to a total return of 59.73%.<BR><BR>In the 3-year timeframe, the price return was 113.97% with a dividend return of 17.06%, resulting in a total return of 131.03%.<BR><BR>Over the last 4 years, the company saw a price return of 125.52% and a dividend return of 18.08%, achieving a total return of 143.6%.<BR><BR>Finally, in the 5-year period, Redington had an impressive price return of 555.58% and a dividend return of 53.30%, which sums up to a total return of 608.88%.<BR><BR>Overall, Redington's declaration of a substantial dividend reflects its strong financial performance, as evidenced by significant total returns across all periods, particularly in the long term.

Who are the peers of the Redington?

Redington's peers include MMTC, MSTC, Ravindra Energy, Polo Queen Ind., BN Holdings, Vintage Coffee, Oswal Agro Mills, and Yamuna Syndicate. Redington has excellent management and growth, with a 1-year return of 33.49%, while Ravindra Energy leads with 141.63% return, and MSTC has the lowest return at -39.89%.

Peers: The peers of Redington are MMTC, MSTC, Ravindra Energy, Polo Queen Ind., BN Holdings, Vintage Coffee, Oswal Agro Mills, and Yamuna Syndicate.<BR><BR>Quality Snapshot: Excellent management risk is observed at Redington, while Average management risk is found at MMTC and MSTC, and the rest have Below Average management risk. Redington also shows Excellent growth, while Vintage Coffee has Excellent growth, and Polo Queen Ind. has Good growth; the rest exhibit Below Average growth. In terms of Capital Structure, MSTC is rated Excellent, Redington is rated Good, and Polo Queen Ind. is rated Average, while the remaining peers have Below Average capital structures.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Ravindra Energy at 141.63%, while MSTC has the lowest at -39.89%. Redington's own 1-year return is 33.49%, which is significantly higher than MSTC's. Additionally, peers with negative six-month returns include MSTC, BN Holdings, and Polo Queen Ind.

Who are the top shareholders of the Redington?

The top shareholders of Redington include Foreign Institutional Investors (FIIs) with 60.57%, Synnex Technology International Corporation at 24.12%, mutual funds holding 12.1%, and individual investors with 16.39%. There are no pledged promoter holdings, and no single promoter holds the highest stake.

The top shareholders of Redington include a significant presence of Foreign Institutional Investors (FIIs), who hold 60.57% of the shares. Additionally, Synnex Technology International Corporation is the highest public shareholder with a stake of 24.12%. Mutual funds collectively hold 12.1% through 18 different schemes, while individual investors account for 16.39% of the shareholding. Notably, there are no pledged promoter holdings, and there is no single promoter with the highest holding.

Is Redington overvalued or undervalued?

As of November 6, 2025, Redington is considered undervalued with an attractive valuation grade, reflected in its PE ratio of 18.43 and strong year-to-date stock performance of 44.93%, significantly outperforming the Sensex's 6.62%.

As of 6 November 2025, Redington's valuation grade has moved from fair to attractive, indicating a positive reassessment of its market position. The company is currently deemed undervalued, particularly when considering its PE ratio of 18.43, a Price to Book Value of 0.25, and an EV to EBITDA of 15.47. These ratios suggest that Redington is trading at a significant discount compared to its peers, particularly when juxtaposed with Aditya Infotech, which has a PE ratio of 121.53, and Avantel at 127.72.<BR><BR>In addition to its favorable valuation metrics, Redington's recent stock performance has outpaced the Sensex, with a year-to-date return of 44.93% compared to the Sensex's 6.62%. This strong performance, coupled with its attractive valuation ratios, reinforces the conclusion that Redington is currently undervalued in the market.

How has been the historical performance of Redington?

Redington has shown consistent growth in net sales and profits, with net sales increasing from INR 51,465.17 crore in March 2020 to INR 99,333.65 crore in March 2025, and profit after tax rising from INR 533.92 crore to INR 1,820.62 crore in the same period, despite some fluctuations in cash flow. Total assets also grew significantly, reaching INR 27,506.01 crore by March 2025.

Answer:<BR>The historical performance of Redington shows a consistent growth trajectory in net sales and profit over the years.<BR><BR>Breakdown:<BR>Redington's net sales have increased significantly from INR 51,465.17 crore in March 2020 to INR 99,333.65 crore in March 2025, reflecting a strong upward trend. Total operating income has followed a similar pattern, reaching INR 99,333.65 crore in March 2025, up from INR 51,465.17 crore in March 2020. The company's operating profit (PBDIT) has also shown growth, peaking at INR 2,256.82 crore in March 2025, although it experienced a slight decrease from INR 2,260.73 crore in March 2023. Profit before tax reached INR 2,334.81 crore in March 2025, up from INR 692.28 crore in March 2020, while profit after tax increased to INR 1,820.62 crore in March 2025 from INR 533.92 crore in March 2020. The consolidated net profit for March 2025 was INR 1,604.84 crore, marking a rise from INR 507.78 crore in March 2019. On the balance sheet, total assets grew to INR 27,506.01 crore in March 2025 from INR 14,626.28 crore in March 2020, with total liabilities also increasing to INR 27,506.01 crore in March 2025. Cash flow from operating activities was INR 292.00 crore in March 2025, a decline from INR 3,496.00 crore in March 2021, while net cash outflow was recorded at INR 331.00 crore in March 2025. Overall, Redington has demonstrated robust growth in sales and profitability over the years, despite fluctuations in cash flow.

Is Redington technically bullish or bearish?

As of December 4, 2025, the trend is bullish with strong indicators like a bullish MACD and moving averages, although caution is advised due to a mildly bearish signal from Dow Theory.

As of 4 December 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and moving averages on the daily are also bullish. The KST confirms a bullish outlook on both weekly and monthly charts. Although the Bollinger Bands show a mildly bullish signal, the Dow Theory indicates a mildly bearish stance on the weekly, which suggests some caution. Overall, the strength of the bullish trend is reinforced by the positive performance against the Sensex over various periods, particularly the year-to-date return of 39.40% compared to 9.12% for the Sensex.

Are Redington Ltd latest results good or bad?

Redington Ltd's Q3 FY26 results are generally positive, with a net profit of ₹435.80 crore reflecting 12.37% QoQ and 8.87% YoY growth, alongside net sales increasing by 6.35% QoQ and 15.74% YoY. However, the operating margin slightly declined, indicating some margin pressures, but overall performance shows strong growth and operational efficiency.

Redington Ltd's latest results for Q3 FY26 can be considered good overall, despite some challenges. The company reported a consolidated net profit of ₹435.80 crore, which reflects a positive growth of 12.37% quarter-on-quarter (QoQ) and 8.87% year-on-year (YoY). Additionally, net sales reached ₹30,921.73 crore, marking a 6.35% QoQ increase and a significant 15.74% YoY growth, indicating strong demand and effective market execution.<BR><BR>However, it's important to note that the operating margin, which stood at 2.02%, saw a slight decline of 1 basis point QoQ and 24 basis points YoY. This decline suggests that while the company is growing its revenue, it is facing some margin pressures typical in the distribution sector.<BR><BR>On a broader scale, Redington's performance during the first nine months of FY26 shows net sales growth of 18.10% YoY and a consolidated profit increase of 19.65%, demonstrating consistent operational execution. The company's strong return on equity (ROE) of 18.34% reflects effective capital management, even in a low-margin business environment.<BR><BR>In summary, while there are some margin pressures to monitor, Redington's overall financial performance indicates solid growth and operational efficiency, positioning it well within its competitive landscape.

Should I buy, sell or hold Redington Ltd?

Why is Redington Ltd falling/rising?

As of 05-May, Redington Ltd's stock is experiencing a decline of 1.4% after two days of gains, underperforming its sector and showing reduced investor participation. Despite strong long-term fundamentals, the stock's price is below key moving averages, indicating a bearish trend.

As of 05-May, Redington Ltd's stock price is currently falling, with a change of -3.1, representing a decline of 1.4%. This downward movement follows a trend reversal after two consecutive days of gains. The stock has underperformed its sector by 0.89% today, indicating weaker performance relative to its peers. Additionally, the stock touched an intraday low of Rs 216.6, which is a decrease of 2.32%.<BR><BR>Investor participation appears to be declining, as evidenced by a significant drop in delivery volume, which fell by 51.68% compared to the 5-day average. Although the stock has a high dividend yield of 3.06%, the overall sentiment is affected by its year-to-date performance, which shows a decline of 19.57%, compared to a lesser decline of 9.63% in the benchmark Sensex. <BR><BR>Despite the company's strong long-term fundamentals, including a low debt-to-equity ratio and high return on capital employed, the recent price movement reflects a combination of short-term selling pressure and reduced trading activity. The stock's current price is also below its 50-day, 100-day, and 200-day moving averages, further indicating a bearish trend.

Which are the latest news on Redington?