Redington

Which are the latest news on Redington?

Why is Redington Ltd falling/rising?

As of 05-Sep, Redington Ltd's stock price is Rs. 371.40, down 0.27%. Despite this minor decline, the stock has strong long-term fundamentals and performance metrics, indicating that the drop may be a temporary fluctuation rather than a sign of weakness.

As of 05-Sep, Redington Ltd's stock price is currently at Rs. 371.40, reflecting a decrease of Rs. 1.0 or 0.27%. Despite this slight decline, the stock has shown strong performance over various periods, with a year-to-date increase of 36.62% and a one-year return of 53.25%. <BR><BR>The stock recently hit a new 52-week high of Rs. 378.95, indicating positive momentum prior to this drop. However, it has underperformed its sector by 1.82% today and has experienced a trend reversal after two consecutive days of gains. This recent decline may be attributed to profit-taking after reaching a high, as well as the stock trading lower than its weighted average price, suggesting that more volume was traded closer to the low price of the day.<BR><BR>On a positive note, Redington Ltd has demonstrated strong long-term fundamentals, with a compound annual growth rate (CAGR) of 16.50% in net sales and a low debt-to-EBITDA ratio of 1.27 times, which indicates a strong ability to service debt. Additionally, the company has reported positive results for the last three consecutive quarters, with net sales reaching their highest at Rs. 34,922.47 crore.<BR><BR>Investor participation has also increased, with a delivery volume rise of 57.55% against the five-day average, suggesting ongoing interest in the stock despite the current price drop. The stock remains liquid enough for trading, and its high institutional holdings at 78.39% reflect confidence from larger investors who typically have more resources to analyze company fundamentals.<BR><BR>In summary, while Redington Ltd is experiencing a minor decline in its stock price, the overall strong performance metrics and fundamentals suggest that this may be a temporary fluctuation rather than a sign of underlying weakness.

Who are in the management team of Redington?

The management team of Redington includes Chairman J Ramachandran, Managing Director Rajiv Srivastava, and several independent directors such as V S Hariharan and Anita P Belani, along with company secretary M Muthukumarasamy and other nominees. This diverse team provides strong leadership and expertise to the company.

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>This team brings a diverse range of expertise and leadership to the company.

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 INR 28,038 Cr and a net profit of 486 Cr as of June 2026. Key financial metrics include a P/E ratio of 16.00 and a dividend yield of 1.64%.

Overview:<BR>Redington Ltd is an integrated supply chain solution provider operating in the Trading & Distributors industry, categorized as a Small Cap company.<BR><BR>History:<BR>Redington Ltd was incorporated on 2 May, 1961. It is recognized as the second largest distributor of IT products in India. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 34,922 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 486 Cr (Quarterly Results - Jun 2026)<BR>- Market Cap: INR 28,038 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 16.00<BR>- Industry P/E: 38<BR>- Dividend Yield: 1.64%<BR>- Debt-Equity: 0.17<BR>- Return on Equity: 15.76%<BR>- Price to Book: 2.81<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

Who are the peers of the Redington?

Redington's peers include MMTC, MSTC, Ravindra Energy, Vintage Coffee, BN Agrochem, Elitecon International, Arisinfra Solutions, Yamuna Syndicate, and S T C. MSTC leads in 1-year returns at 66.56%, while Redington has a return of 48.69%, and BN Agrochem has the lowest at -35.31%.

Peers: The peers of Redington are MMTC, MSTC, Ravindra Energy, Vintage Coffee, BN Agrochem, Elitecon Inter., Arisinfra Solu., Yamuna Syndicate, and S T C.<BR><BR>Quality Snapshot: Excellent management risk is observed at Redington, while Average management risk is found at MMTC, MSTC, and Elitecon Inter., and the rest have Below Average management risk. Good growth is seen at Redington, MSTC, Ravindra Energy, Vintage Coffee, and Elitecon Inter., while Below Average growth is noted at MMTC, Yamuna Syndicate, and S T C, and the rest have Excellent growth. Good capital structure is present at Redington and MSTC, while Excellent capital structure is noted at MSTC and Elitecon Inter., and the rest have Below Average or Average capital structure.<BR><BR>Return Snapshot: MSTC has the highest 1-year return at 66.56%, while BN Agrochem has the lowest at -35.31%. Redington's own 1-year return is 48.69%, which is significantly higher than BN Agrochem's but lower than MSTC's. Additionally, Elitecon Inter. and BN Agrochem have negative six-month returns.

How big is Redington?

As of 31st August, Redington Ltd has a market capitalization of 28,038.00 Cr, with net sales of 128,132.84 Cr and a net profit of 1,700.93 Cr for the latest four quarters.

As of 31st August, Redington Ltd has a market capitalization of 28,038.00 Cr, categorizing it as a Small Cap company.<BR><BR>For the latest four quarters, Redington reported net sales of 128,132.84 Cr and a net profit of 1,700.93 Cr.<BR><BR>As of March 2026, the company's shareholder's funds amounted to 10,160.73 Cr, while total assets were reported at 33,633.57 Cr.

Should I buy, sell or hold Redington Ltd?

Are Redington Ltd latest results good or bad?

Redington Ltd's latest results for the June 2026 quarter are very good, with net sales increasing by 34.57% year-on-year to ₹34,922.47 crores and a net profit surge of 76.55% to ₹485.98 crores, reflecting strong operational improvements and record earnings per share. The company is effectively capitalizing on the growing demand in India's digital economy.

Redington Ltd's latest results for the June 2026 quarter are quite impressive, indicating a strong performance. The company achieved net sales of ₹34,922.47 crores, which is a remarkable 34.57% increase year-on-year and the highest quarterly revenue in its history. Additionally, the consolidated net profit surged by 76.55% year-on-year to ₹485.98 crores, reflecting significant operational improvements.<BR><BR>The operating profit margin also expanded to 2.03%, up from 1.54% in the previous year, showcasing enhanced pricing power and operational efficiency. Furthermore, the earnings per share (EPS) reached ₹6.22, marking an all-time high for the company.<BR><BR>Overall, the results suggest that Redington is navigating the challenges of the market effectively, capitalizing on the growing demand in India's digital economy. The sequential growth of 24.19% in net profit from the previous quarter further reinforces the positive momentum. Given these factors, the latest results can be considered very good for Redington Ltd.

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.

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.

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 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.

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.

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.