Redington Ltd Share Price

Trading - Large

NSE: REDINGTON Small Cap ISIN: INE891D01026
As on 23 December 2024 at 05:35 IST
As on 23 December 2024 at 05:35 IST
207.73
+ 0.00
(0.00%)
Over 1 Month
7.55%
Over 6 Months
-4.93%
Over 1 Year
18.45%
Over 3 Years
41.41%

Redington Ltd Summary

Close 207.73
Open 204
High 209.75
Low 203
Volume 11,79,468
Net Turnover (in ₹) 26,31,20,865.74
52 Week High 237.55
52 Week Low 158.61
52Wk High / Low
158.61
237.55

Redington Ltd Key Financial Data

Market Cap (in ₹ Cr) 16,079.54
EPS (TTM) 13.92
Book Value (BV) 50.08
Div. Yield 3.01
P/E (TTM) 14.78
Price/Book Value 4.11
Delivery % 54.55
Face Value 2

Redington Ltd Key Ratios

P/E ratio 15.05
P/B ratio 4.49
EV to Sales 0.43
PEG Ratio 17.19
ROA 20.51
ROE 32.13
Debt-Equity 0.48
Net Profit Margin 2.62
Operating Profit Margin 3.71

Redington Ltd Peer Comparison

Company LTP Market Cap (in ₹ Cr)
Redington Ltd ₹205.75 ₹16,085.01
Adani Enterprises Ltd ₹2,344.90 ₹2,70,643.84
Vishal Mega Mart Ltd ₹101.11 ₹45,587.66
Aegis Logistics Ltd ₹830.95 ₹29,166.35
Cello World Ltd ₹774.80 ₹17,114.17
MMTC Ltd ₹74.38 ₹11,157

Redington Ltd News

Redington to convene board meeting

On 29 October 2024

23 Oct 2024

Redington to declare Quarterly Result

On 31 July 2024

26 Jul 2024

Redington Gulf FZE divests its entire stake in Citrus

16 Jul 2024

Board of Redington recommends final dividend

Of Rs 6.2 per share

04 Jun 2024

Redington to hold AGM

On 30 July 2024

04 Jun 2024

Redington Ltd Financials

Profit and Loss

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Total Revenue41,740.5635,862.1427,506.4722,791.7419,006.41
Total Expenses40,437.2734,585.9426,402.0722,324.0218,380.61
Profit Before Tax1,303.291,276.201,104.40467.72625.80
Profit After Tax1,081.241,071.88935.07263.33489.60
Operating Profit after Depreciation1,482.831,353.961,111.60510.15730.61

Balance Sheet

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Fixed Assets182.16173.4759.8871.3687.72
Total Non Current Assets1,164.911,141.991,055.28954.221,008.22
Total Current Assets9,608.538,634.056,811.874,307.264,705.44
TOTAL ASSETS10,773.449,776.047,867.155,261.485,713.66
Total Shareholder's Fund3,624.263,106.432,548.822,067.731,801.79

Cash Flow

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Net Cash from Operating Activities271.92-2,086.84670.10870239.69
Net Cash used in Investing Activities471.40350.70367.4732.72348.55
Net Cash used in Financing Activities-791.371,048.46-467.84-1,216.60-87.70

Redington Ltd Corporate Actions

Redington Ltd

₹6.2/Share

Announcement Date 05 Jul 2024
Record Date 05 Jul 2024
Div Yield 310%

About Redington Ltd

Redington Ltd is a distinguished technology distribution and supply chain solutions company with a robust presence across India, the Middle East, Turkey, and Africa. The company was established in 1993 and is headquartered in Chennai, Tamil Nadu. Today it has evolved from a single-brand business into a comprehensive technology solutions provider.

The company's ownership structure is notably diverse, with 58.07% held by foreign investors and 23.84% by public shareholders. This unique composition reflects a global approach to business and strong investor confidence. The company does not have any traditional promoters. However, its shareholding pattern shows a commitment to transparency and strategic growth. It also has a team of professional managerial promoters who manage the operations of the company. They are-
  • J Ramachandran
  • S V Krishnan
  • Tu Shu-Chyuan
  • Anita P Belani
  • B Ramaratnam

Redington Ltd specializes in distributing a comprehensive range of IT and mobility products, including hardware, software, and associated services. The company's business model goes beyond distribution. It includes after-sales support and third-party logistics through its subsidiary network. This holistic approach allows the company to offer end-to-end technology solutions to its clients.

The company's strategic positioning in multiple regions enables it to leverage diverse market opportunities. Redington Ltd has established itself as a significant player in the technology distribution sector. This is achieved by maintaining a broad product portfolio and providing sophisticated supply chain management solutions.

The company’s registered office is located in Saraswathy Nagar and the company’s registrars are based in the Subramanian Building, Vth Floor, Club House. While not the market leader, Redington Ltd has built a strong market position. This is due to its comprehensive service offerings and strategic regional presence.

The company's evolution from a small entity to a multifaceted technology solutions provider shows its adaptability. It also highlights its commitment to meeting the changing needs of the technology distribution market. Its ability to manage complex supply chains and deliver innovative solutions has been key to its sustained growth and market relevance.

The vision of the Redington Limited

Redington Ltd. seeks to close the gap that exists between adoption and innovation. The organization works to promote technical change and guarantees that everyone can benefit from technological breakthroughs. It is meant to eliminate "technology friction," or the obstacles that impede the quick adoption of new technologies.

Redington Ltd. aims to establish an ecosystem in which technology is an essential component of daily living rather than merely a tool. This entails offering all-inclusive solutions that cater to the particular requirements of various markets and industries. The objective is to make technology more widely available and user-friendly. This helps improve quality of life and business efficiency.

Redington Ltd's vision also emphasizes the importance of partnerships and collaboration. The company believes in collaborating with stakeholders like technology providers and customers. Together, they aim to build a more inclusive and innovative technological landscape. These partnerships are crucial in driving the adoption of new technologies and ensuring that they are implemented effectively and efficiently.

Innovation is at the heart of Redington Ltd's vision. The company is committed to staying ahead of technological trends and continuously evolving its offerings to meet the changing needs of the market. This involves investing in R&D and adopting innovative business models. The aim is to provide cutting-edge solutions that not only meet current demands but also anticipate future needs.

Redington Ltd also places a strong emphasis on sustainability and corporate responsibility. The company recognizes that technological advancements should not come at the expense of the environment or society. Redington is also committed to implementing sustainable practices and promoting the efficient use of technology. This includes reducing its carbon footprint and supporting initiatives that benefit the community.

The vision of Redington Ltd is also centered around customer satisfaction. The company aims to provide exceptional service and support to its customers. This ensures that they have the tools and resources needed to succeed.

Redington Ltd's vision is not just about business growth but also about making a positive impact on society. The company believes that technology has the power to transform lives and create opportunities for all. It is also dedicated to using its resources and expertise to drive social change. As a result, Redington aims to help build a more equitable and inclusive society.

Redington Ltd envisions a future where technology is a driving force for positive change. The company's vision is to create a world where technological advancements are accessible and beneficial to all. This involves fostering innovation and prioritizing customer satisfaction.

With a vision that extends beyond the immediate future. The company is focused on long-term goals that align with global technological trends and societal needs. This forward-thinking approach keeps Redington Ltd relevant. It also helps the company stay competitive in an ever-changing market.

The company also puts a strong emphasis on education and skill development. Redington Ltd believes that empowering individuals with the knowledge and skills needed to navigate the digital world is crucial for societal progress.

Redington Ltd Stock Analysis

  1. Annual revenue for Redington Ltd increased by 16.39% to ₹41,740.56 crore in FY 2024 from ₹35,862.14 crore in FY 2023.
  2. Annual Net Profit for Redington Ltd increased by 0.87% to ₹1,081.24 crore in FY 2024 from ₹1,071.88 crore in FY 2023.
  3. Promoter Shareholding in Redington Ltd remains unchanged by 0.00% in the most recent quarter, from 0% in June 2024 to 0% in September 2024.
  4. Redington Ltd delivered a 1-year return of 18.45% compared to the Nifty 50, which provided a return of 11.52% as of the last trading session.
  5. Redington Ltd share price moved remains unchanged by 0.00% from its previous close of INR ₹207.73. The latest Redington Ltd share price is INR ₹207.73.
  6. Redington Ltd share price today has been at a low of 203.61 and a high of 211. Over the past 52 weeks, the Redington Ltd share price has seen a low of 158.61 and a high of 237.55.

FAQ’s

What is the share price of Redington Ltd today?

Redington Ltd share price as on 23 Dec 2024 is ₹ 207.73

What is the Market Cap of Redington Ltd?

The market cap of Redington Ltd stock is ₹16,079.54 Cr.

What is the PE Ratio of Redington Ltd?

The Price to Earnings (P/E) Ratio of Redington Ltd is 15.05

What is the PB Ratio of Redington Ltd?

The Price to Book (P/B) Ratio of Redington Ltd is 4.49

What is the 52 week high of Redington Ltd Share Price?

The 52 week high of Redington Ltd share price stands at ₹237.55

What is the 52 week low of Redington Ltd Share Price?

The 52 week low of Redington Ltd share price stands at ₹158.61

Get started with us today and
start building your wealth journey