Redington Ltd Analyst Rating
based on 5 analysts
80.00%
Buy
0.00%
Hold
20.00%
Sell
Based on 5 analysts offering long term price targets for Redington Ltd. An average target of ₹216.8
Source: S&P Global Market Intelligence
Redington Ltd Share analysis
Redington Ltd price forecast by 5 analysts
Upside of23.96%
High
₹240
Target
₹216.80
Low
₹155
Redington Ltd target price ₹216.8, a slight upside of 23.96% compared to current price of ₹174.44. According to 5 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Redington Ltd revenue growth forecast
Expected growth rate Q1, FY2026:20.30%
Forecast
Actual
Including amortisation and stock based compensations
Redington Ltd EPS growth forecast
EPS estimate Q1, FY2026:29.31%
Forecast
Actual
Source: S&P Global Market Intelligence
Redington Ltd Performance
Day's Low
Day's High
₹172.75₹177.352 Week's Low
52 Week's High
₹136.2₹237.55
| Returns % | |
| 1 Month Return | -8.02 % |
| 3 Month Return | -13.54 % |
| 1 Year Return | + 22.61 % |
| Market Stats | |
| Previous Close | ₹174.90 |
| Open | ₹175.90 |
| Volume | 7.93L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹13,673.23Cr |
Redington Ltd Key Statistics
| P/E Ratio | 11.25 |
| PEG Ratio | -7.98 |
| Market Cap | ₹13,673.23 Cr |
| P/B Ratio | 4.49 |
| EPS | 15.84 |
| Dividend Yield | 2.98 |
| Sector | Trading |
| ROE | 32.13 |
Redington Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹13,673.23 Cr | 37.91% | 0.66 | ₹1,238 Cr | ₹89,345 Cr | |
| NA | ₹16.10 Cr | -4.78% | 0.50 | NA | NA | |
| NA | ₹335.18 Cr | 37.47% | 0.75 | ₹27 Cr | ₹2,117 Cr | |
| NA | ₹90.96 Cr | 15.97% | 0.50 | -₹1 Cr | ₹4 Cr | |
| NA | ₹33.40 Cr | 0.27% | 0.74 | NA | NA |
Redington Ltd Mutual Fund Holdings
About Redington Ltd
Redington's operations span a wide range of products and services, including IT hardware, consumer electronics, lifestyle products, enterprise solutions, and more. Redington is a major player in the IT hardware market, offering products from top brands such as Dell, HP, Lenovo, and Acer. The company also distributes consumer electronics from brands such as Apple, Samsung, Sony, and LG. Redington's lifestyle products include watches, sunglasses, apparel, and accessories from popular brands such as Fossil, Ray-Ban, and Tommy Hilfiger.
Redington's enterprise solutions are tailored to meet the needs of businesses, providing services such as cloud computing, data analytics, and enterprise mobility. The company also offers a wide range of software solutions from popular brands such as Microsoft, Oracle, and Adobe.
Share Price: ₹174.44 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹13,673.23Cr as of today
Revenue: ₹21,282.33Cr as on June 2024 (Q2 24)
Net Profit: ₹217.04Cr as on June 2024 (Q2 24)
Listing date: 15 Feb, 2007
Chairperson Name: J Ramachandran
| Organisation | Redington Ltd |
| Headquarters | |
| Industry | Trading |
| E-voting on shares | Click here to vote |
Key events for Redington Ltd
Redington Ltd Records Strong Q1 Performance - 01 Aug, 2024
Redington Ltd reports a standalone profit of Rs 155.67 crore for Q1, with total income growing to Rs 10,309.42 crore YoY. The company delivered strong performance across all business segments and saw growth in India, UAE, and Africa despite challenges in Turkey. Group CEO V S Hariharan attributes the growth to stellar performance in the Cloud business and customer-centric initiatives.
Redington Reports Decline in Q1 Net Profit - 31 Jul, 2024
Redington Ltd reported a decline in Q1 net profit by 15% YoY to Rs 217 crore and a 1% fall in consolidated net profit to Rs 246 crore. The company's revenue from operations saw muted growth at 0.5%. Redington's technology solutions segment also saw a 5% and 4% fall in its SISA and ROW segments, respectively.
Vanguard Fund Group Buys 1.1% Stake in Redington Ltd - 27 Jul, 2024
As of June 2024, Vanguard Fund group has purchased 8,197,993 equity shares equivalent to 1.1% of Redington Ltd. The company reported a Q3FY24 revenue of Rs 22,433 crore and net profit of Rs 324 crore.
Insights on Redington Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTFII Holding Up
Foreign Institutions have increased holdings from 33.70% to 33.90% in Sep 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, Panache Digilife Ltd has given 185.1% return, outperforming this stock by 162.5%
- NO EFFECT
Against Peers
In the last 3 years, Panache Digilife Ltd has given 192.0% return, outperforming this stock by 170.4%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 23.99% to 23.84% in Sep 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 3 quarters, 23.54K Cr → 21.33K Cr (in ₹), with an average decrease of 4.8% per quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 3 quarters, 340.78 Cr → 246.04 Cr (in ₹), with an average decrease of 14.4% per quarter
- NEGATIVE IMPACT
Price Dip
In the last 6 months, REDINGTON stock has moved down by -19.8%
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 11.96% to 11.86% in Sep 2024 quarter
Redington Ltd Financials
Index Inclusions
Redington Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 0% | 0.00 | |
| Foreign Institutions | 33.9% | 0.59 | |
| Mutual Funds | 11.86% | ||
| Retail Investors | 23.84% | ||
| Others | 30.4% | 0.16 |
Redington Ltd Key Indicators
Redington Ltd Valuation
Redington Ltd in the last 5 years
Lowest (4.29x)
March 27, 2020
Today (11.25x)
October 18, 2024
Industry (97.46x)
October 18, 2024
Highest (22.53x)
July 13, 2021
Redington Ltd Earnings and Dividends
Redington Ltd Earnings Results
Redington Ltd’s net profit fell -1.1% since last year same period to ₹246.04Cr in the Q1 2024-2025. On a quarterly growth basis, Redington Ltd has generated -24.43% fall in its net profits since last 3-months.
Read More about Earnings ResultsRedington Ltd Dividends June,2024
In the quarter ending March 2024, Redington Ltd has declared dividend of ₹6.20 - translating a dividend yield of 3.55%.
Read More about Dividends
Redington Ltd Technicals Summary
Bearish
Neutral
Bullish
Redington Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Redington Ltd
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Redington Ltd (REDINGTON) share price today is ₹174.44
Redington Ltd is listed on NSE
Redington Ltd is listed on BSE
- Today’s highest price of Redington Ltd is ₹177.3.
- Today’s lowest price of Redington Ltd is ₹172.75.
PE Ratio of Redington Ltd is 11.25
PE ratio = Redington Ltd Market price per share / Redington Ltd Earnings per share
Today’s traded volume of Redington Ltd(REDINGTON) is 7.93L.
Today’s market capitalisation of Redington Ltd(REDINGTON) is ₹13673.23Cr.
| Redington Ltd(REDINGTON | Price |
|---|---|
52 Week High | ₹237.55 |
52 Week Low | ₹136.2 |
Redington Ltd(REDINGTON) share price is ₹174.44. It is down -26.57% from its 52 Week High price of ₹237.55
Redington Ltd(REDINGTON) share price is ₹174.44. It is up 28.08% from its 52 Week Low price of ₹136.2
| Redington Ltd(REDINGTON | Returns |
|---|---|
1 Day Returns | -0.46% |
1 Month Returns | -8.02% |
3 Month Returns | -13.54% |
1 Year Returns | 22.61% |