Redington Ltd Share Price

Q: What is the share price of Redington Ltd today?

Redington Ltd share price as on 22 Jan 2025 is ₹218.55

Trading - Large

NSE: REDINGTON Small Cap ISIN: INE891D01026

As on 22 January 2025 at 15:09 IST

₹218.55

-0.39

(-0.18%)

Sell Buy

About Redington Ltd

Redington Ltd is a prominent player in the technology distribution and supply chain solutions sector. The company specializes in the distribution of IT and mobility products. It operates in the technology distribution and supply chain solutions sector. The company was founded in 1993 and has grown significantly over the years, evolving from a single-brand company to a major distributor with a diverse portfolio. The company's headquarters are located in Chennai, Tamil Nadu. The main products offered by Redington Ltd encompass a wide range of IT and mobility products, including hardware and related services. Read More...

Over 1 Month

6.32%

Over 6 Months

8.24%

Over 1 Year

25.14%

Over 3 Years

36.62%

Redington Ltd Summary

Close ₹ 218.55

Open ₹ 220

High ₹ 230.90

Low ₹ 216.65

Volume 2,96,74,842

Net Turnover (in ₹) ₹ 1,04,95,73,999.09

52Wk High ₹ 237.55

52Wk Low ₹ 158.61

52Wk High / Low

158.61

237.55

Redington Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 17,116.17

EPS (TTM) 13.92

Book Value (BV) 50.08

Div. Yield 2.83 %

P/E (TTM) 15.71

Price/Book Value 4.37

Delivery % 23.80 %

Face Value 2

Key Ratios

PE Ratio 15.05

PB 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 Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	89,609.55	79,518.71	62,731.57	57,041.59	51,513.78
Total Expenses	88,034.90	77,685.24	61,109.21	55,907.12	50,816.82
Profit Before Tax	1,574.65	1,833.47	1,622.36	1,128.13	692.28
Profit After Tax	1,238.61	1,439.39	1,314.87	788.50	533.92
Operating Profit after Depreciation	1,959.96	2,105.33	1,737.95	1,290.91	916.02

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	854.21	870.05	700.64	605.43	725.83
Total Non Current Assets	1,231.66	1,145.69	1,056.52	861.81	1,002.57
Total Current Assets	23,162.03	22,137.52	17,359.38	13,700.06	13,653.66
TOTAL ASSETS	24,393.69	23,283.21	18,415.90	14,561.87	14,656.23
Total Shareholder's Fund	7,548.72	6,927.35	5,784.95	4,938.51	4,308.85

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	1,079.40	-3,233.52	989.20	3,496.89	965.65
Net Cash used in Investing Activities	37.26	242.66	-166.97	-609.88	54.28
Net Cash used in Financing Activities	-1,380.87	1,528.64	-476.11	-2,241.05	443.26

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	41,740.56	35,862.14	27,506.47	22,791.74	19,006.41
Total Expenses	40,437.27	34,585.94	26,402.07	22,324.02	18,380.61
Profit Before Tax	1,303.29	1,276.20	1,104.40	467.72	625.80
Profit After Tax	1,081.24	1,071.88	935.07	263.33	489.60
Operating Profit after Depreciation	1,482.83	1,353.96	1,111.60	510.15	730.61

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	182.16	173.47	59.88	71.36	87.72
Total Non Current Assets	1,164.91	1,141.99	1,055.28	954.22	1,008.22
Total Current Assets	9,608.53	8,634.05	6,811.87	4,307.26	4,705.44
TOTAL ASSETS	10,773.44	9,776.04	7,867.15	5,261.48	5,713.66
Total Shareholder's Fund	3,624.26	3,106.43	2,548.82	2,067.73	1,801.79

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	271.92	-2,086.84	670.10	870	239.69
Net Cash used in Investing Activities	471.40	350.70	367.47	32.72	348.55
Net Cash used in Financing Activities	-791.37	1,048.46	-467.84	-1,216.60	-87.70

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	24,895.56	21,282.33	22,433.41	23,504.97	22,220.15
Total Expenses	24,437.33	20,911.19	21,974.10	22,987.67	21,738.72
Profit Before Tax	381.33	292.46	380.54	433.92	408.33
Profit After Tax	282.88	217.04	323.89	347.88	311.64
Operating Profit after Depreciation	514.89	424.10	538.63	561.86	557.87

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	12,384.69	10,301.59	10,490.24	11,104.02	9,928.25
Total Expenses	12,107.57	10,049.57	10,236.51	10,853.77	9,666
Profit Before Tax	681.78	209.69	216.71	209.37	631.91
Profit After Tax	618.08	155.67	160.57	153.58	573.03
Operating Profit after Depreciation	722.15	259.85	274.47	266.12	684.80

Redington Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 214.43

S2 209.93

S3 202.64

Pivot 221.72

R1 226.22

R2 233.51

R3 238.01

Moving Average

20 SMA 204.96

50 SMA 202.58

100 SMA 194.58

200 SMA 202.57

Redington Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

Redington Ltd

₹6.2/Share

Announcement Date 05 Jul 2024

Record Date 05 Jul 2024

Div Yield 310%

AGM Date: 27 Jul 2022

AGM 27/07/2022 In compliance with Regulation 47 read with Regulation 30 of the SEBI LODR Regulations, please find enclosed the copies of newspaper advertisements relating to 29th Annual General Meeting, Final Dividend and other matters as published in Business Standard (English) and Makkal Kural (Tamil) on June 30, 2022. (As Per BSE Announcement dated on 30.06.2022) In compliance with the Companies Act, 2013 read with rules made thereunder and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 along with Circulars issued by the Ministry of Corporate Affairs and SEBI, we are enclosing herewith the Annual Report for the financial year 2021-22 along with the Notice of the 29th Annual General Meeting which will be circulated through electronic mode. The 29th Annual General Meeting will be held on Wednesday, July 27, 2022 at 11.00 A.M. IST through video conference and other audio-visual means. (As Per BSE Announcement Dated on 05/07/2022) With reference to the above intimation, we attach herewith an Addendum to the Notice of 29th Annual General Meeting. (As Per BSE Announcement Dated on 22.07.2022) Pursuant to Regulation 30 read with Part A to Schedule III to Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the summary of proceedings of the 29th Annual General Meeting held on Wednesday, July 27, 2022 at 11. 00 a.m. (IST) through Video conferencing ('VC') or Other Audio Visual means ('OAVM'). The enclosed summary of the proceedings will be available on the website of the Company at www.redingtongroup.com (As Per BSE Announcement Dated on 27.07.2022) Pursuant to Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit the voting results of the businesses transacted at the 29th Annual General Meeting of the Members held on Wednesday, July 27, 2022 at 11.00 a.m. (IST) through Video conferencing ('VC') or Other Audio Visual Means ('OAVM'). We also enclose the consolidated Scrutinizer's Report on remote e-voting and by e-voting at the AGM. A copy of the above is being uploaded on the website of the Company and National Securities Depository Limited (NSDL). The meeting started at 11:00 a.m. and concluded at 11:50 a.m. (without including time allowed for e-voting after conclusion of proceedings). Redington (India) Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. (As per BSE Announcement Dated on 29/07/2022)

AGM Date: 31 Jul 2023

Outcome Of The Board Meeting The Thirtieth AGM of the Company will be held on Monday, July 31, 2023, through Video Conferencing/ Other Audio-Visual Means. Annual General Meeting will be held on Monday, July 31, 2023 at 11 AM IST. The 30th Annual General Meeting will be held on Monday, July 31, 2023 at 11.00 A.M. IST through video conference and other audio-visual means ('VC/OAVM'). The notice will be circulated to the members of the Company who have registered their e-mail addresses with the Company/ Depositories through electronic mode. (As Per BSE Announcement dated on 07.07.2023) Newspaper Advertisement relating to 30th Annual General Meeting scheduled to be held on July 31, 2023 as published in Business Standard(English) and Makkal Kural(Tamil) on July 8, 2023. (As Per BSE Announcement dated on 09.07.2023) Proceedings of the 30th Annual General Meeting held on July 31, 2023. (As per BSE Announcement Dated on 31/07/2023)

AGM Date: 30 Jul 2024

The 31st AGM of the company is scheduled on July 30, 2024 through Video conferencing/ Other Audio Visual means. Proceedings of the 31st Annual General Meeting held through VC/OAVM (As per BSE Announcement Dated on 30/07/2024) Voting Results and Scrutinizer''s Report for the 31st Annual General Meeting held on July 30, 2024 through VC/OAVM. (As per BSE Announcement Dated on 01/08/2024)

Redington Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
Redington Ltd	₹218.70	₹17,097.41
Adani Enterprises Ltd	₹2,385.05	₹2,75,277.88
Vishal Mega Mart Ltd	₹106.15	₹47,860.06
Aegis Logistics Ltd	₹765.35	₹26,863.79
Cello World Ltd	₹670.30	₹14,805.92
MMTC Ltd	₹71.43	₹10,714.50

Redington Ltd News

Redington to convene board meeting

On 29 October 2024

23 Oct 2024, 04:17 pm

Redington to declare Quarterly Result

On 31 July 2024

26 Jul 2024, 09:31 am

Redington Gulf FZE divests its entire stake in Citrus

16 Jul 2024, 07:16 pm

Board of Redington recommends final dividend

Of Rs 6.2 per share

04 Jun 2024, 02:02 pm

Redington to hold AGM

On 30 July 2024

04 Jun 2024, 02:02 pm

Redington Ltd Stock Analysis

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.
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.
Promoter Shareholding in Redington Ltd remains unchanged by 0.00% in the most recent quarter, from 0% in September 2024 to 0% in December 2024.
Redington Ltd delivered a 1-year return of 25.14% compared to the Nifty 50, which provided a return of 8.41% as of the last trading session.
Redington Ltd share price moved down by 0.18% from its previous close of INR ₹218.94. The latest Redington Ltd share price is INR ₹218.55.
Redington Ltd share price today has been at a low of 216.65 and a high of 230.90. Over the past 52 weeks, the Redington Ltd share price has seen a low of 158.61 and a high of 237.55.

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.