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.

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.

When is the next results date for Redington Ltd?

The next results date for Redington Ltd is 13 May 2026.

The next results date for Redington Ltd is scheduled for 13 May 2026.

Are Redington Ltd latest results good or bad?

Redington Ltd's latest results show strong revenue growth, achieving ₹33,213 crores, a 25.62% increase year-on-year. However, the net profit declined by 41.21%, raising concerns about profitability and margins, indicating a mixed overall performance that warrants cautious investor attention.

Redington Ltd's latest results present a mixed picture. On one hand, the company achieved its highest-ever quarterly revenue of ₹33,213 crores, reflecting a strong year-on-year growth of 25.62% and a sequential increase of 7.41%. This indicates robust demand and market share gains in the IT distribution sector.<BR><BR>However, the profitability metrics are concerning. The consolidated net profit for Q4 FY26 was ₹391.32 crores, which represents a significant decline of 41.21% year-on-year and a 10.21% drop from the previous quarter. Additionally, the operating margin has compressed to 1.85%, down from 2.26% a year ago, highlighting challenges in maintaining profitability amidst rising competitive pressures.<BR><BR>Overall, while the revenue growth is impressive, the substantial decline in profits and margins raises critical questions about the company's ability to convert top-line growth into shareholder value. This disconnect suggests that the results are not entirely positive, and investors may need to approach with caution, monitoring for signs of margin stabilization and operational improvement in the future.

Should I buy, sell or hold Redington Ltd?

Why is Redington Ltd falling/rising?

As of 24-May, Redington Ltd's stock price is at 220.60, showing a slight upward change. Despite recent declines, the company has strong fundamentals, a high dividend yield of 3.09%, and positive long-term growth, suggesting potential for future recovery.

As of 24-May, Redington Ltd's stock price is currently at 220.60, reflecting a change of 0.9 (0.41%) upward. The stock's performance today is described as inline with the sector, indicating a stable position despite recent fluctuations. <BR><BR>Over the past week, the stock has experienced a slight decline of -0.36%, while the benchmark Sensex has risen by +0.24%. In the last month, Redington Ltd's stock has decreased by -2.26%, contrasting with a more significant decline of -3.95% in the Sensex. Year-to-date, the stock has fallen by -18.85%, which is notably worse than the Sensex's decline of -11.51%. However, over a three-year period, the stock has shown a positive return of +30.42%, outperforming the Sensex's +21.71%.<BR><BR>Today's price movement is supported by several factors. The stock is trading above its 5-day and 20-day moving averages, although it remains below its longer-term moving averages (50-day, 100-day, and 200-day). This indicates a mixed short-term performance. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by -37.75% compared to the 5-day average, which could suggest reduced interest from investors.<BR><BR>On a positive note, Redington Ltd boasts a high dividend yield of 3.09% at the current price, which may attract income-focused investors. The company also demonstrates strong long-term fundamentals, with a compound annual growth rate (CAGR) of 15.91% in net sales and a low debt-to-EBITDA ratio of 1.27 times, indicating a strong ability to service its debt. Furthermore, the company has reported impressive quarterly results, with the highest profit after tax (PAT) and net sales figures recorded recently.<BR><BR>Despite the recent stock price decline, the company's profitability has improved, with profits rising by 44.9% over the past year, contributing to a favorable PEG ratio of 0.2. High institutional holdings at 78.66% suggest confidence from larger investors, who typically have more resources to analyze company fundamentals.<BR><BR>In summary, while Redington Ltd's stock has faced downward pressure recently, its strong fundamentals, attractive valuation, and high dividend yield may support its price stability and potential for recovery in the future.

Which are the latest news on Redington?