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 ₹213.8
Source: S&P Global Market Intelligence
Redington Ltd Share analysis
Redington Ltd price forecast by 5 analysts
Upside of3.57%
High
₹240
Target
₹213.80
Low
₹155
Redington Ltd target price ₹213.8, a slight upside of 3.57% compared to current price of ₹206.44. According to 5 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Redington Ltd revenue growth forecast
Expected growth rate Q1, FY2026:20.89%
Forecast
Actual
Including amortisation and stock based compensations
Redington Ltd EPS growth forecast
EPS estimate Q1, FY2026:27.77%
Forecast
Actual
Source: S&P Global Market Intelligence
Redington Ltd Performance
Day's Low
Day's High
₹203₹207.752 Week's Low
52 Week's High
₹158.45₹237.55
| Returns % | |
| 1 Month Return | + 4.72 % |
| 3 Month Return | + 3.75 % |
| 1 Year Return | + 24.29 % |
| Market Stats | |
| Previous Close | ₹206.44 |
| Open | ₹206.44 |
| Volume | 13.38L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹16,138.95Cr |
Redington Ltd Key Statistics
| P/E Ratio | 13.39 |
| PEG Ratio | -28.48 |
| Market Cap | ₹16,138.95 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 | ₹16,138.95 Cr | 54.35% | 0.66 | ₹1,238 Cr | ₹89,345 Cr | |
| NA | ₹67.10 Cr | 90.91% | 0.52 | NA | NA | |
| NA | ₹279.53 Cr | 334.11% | 0.95 | ₹11 Cr | ₹643 Cr | |
| NA | ₹358.58 Cr | 461.46% | 0.50 | ₹15 Cr | ₹92 Cr | |
| NA | ₹20.03 Cr | 20.81% | 0.50 | 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: ₹206.44 per share as on 05 Dec, 2024 04:01 PM
Market Capitalisation: ₹16,138.95Cr as of today
Revenue: ₹24,895.56Cr as on September 2024 (Q3 24)
Net Profit: ₹282.88Cr as on September 2024 (Q3 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 Reports Strong Growth and Leadership Changes - 12 Nov, 2024
Redington Ltd shows impressive growth with sales rising from ₹46,536 crore in FY19 to ₹89,346 crore in FY24. The company has appointed V S Hariharan as group CEO following Rajiv Srivasrava's resignation. Additionally, Redington has partnered with Zoho Corporation to enhance access to cloud solutions across India.Redington Stock Rises 17% After Q2 Results - 02 Nov, 2024
Redington (India) Limited's share price surged over 17% this week following its Q2 FY24 results. Despite a slight decline in net profit, robust revenue growth of 12.04% reassured investors. The stock opened at ₹182.77 and peaked at ₹196.00, reflecting positive market sentiment.Redington Reports Strong Q2 Sales Growth - 31 Oct, 2024
Redington's consolidated net sales for September 2024 reached Rs 24,895.56 crore, marking a 12.04% year-on-year increase. The net profit after tax stood at Rs 282.88 crore.Redington Reports Q2 Results with Mixed Performance - 30 Oct, 2024
Redington Ltd's Q2 FY25 results show a slight decline in net profit but record revenue growth. Shares surged over 10% on strong performance in Cloud and Mobility sectors.Redington Reports Decline in Q2 Profit Amid Demand Slowdown - 29 Oct, 2024
Redington Limited's Q2 profit fell 3.5% to INR 2.93 billion due to decreased demand for personal computers and mobile phones, particularly in international markets. Despite challenges, revenue rose 12% to INR 248.96 billion, driven by steady demand in India and South Asia.Redington Limited Joins Global Technology Distribution Council - 22 Oct, 2024
Redington Limited has been welcomed as a member of the Global Technology Distribution Council, enhancing its commitment to innovation and value for partners across multiple markets.
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 IMPACTRevenue Rich
Revenue is up for the last 2 quarters, 21.33K Cr → 24.95K Cr (in ₹), with an average increase of 14.5% per quarter
- POSITIVE IMPACT
Price Rise
In the last 7 days, REDINGTON stock has moved up by 5.3%
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 33.70% to 33.90% in Sep 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 246.04 Cr → 292.87 Cr (in ₹), with an average increase of 16.0% per quarter
NO EFFECTAgainst Peers
In the last 3 years, Panache Digilife Ltd has given 288.8% return, outperforming this stock by 248.5%
- NO EFFECT
Against Peers
In the last 1 year, Panache Digilife Ltd has given 175.0% return, outperforming this stock by 150.7%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 23.99% to 23.84% in Sep 2024 quarter
- 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 (13.39x)
December 4, 2024
Industry (95.48x)
December 4, 2024
Highest (22.53x)
July 13, 2021
Redington Ltd Earnings and Dividends
Redington Ltd Earnings Results
Redington Ltd’s net profit fell -3.49% since last year same period to ₹292.87Cr in the Q2 2024-2025. On a quarterly growth basis, Redington Ltd has generated 19.03% jump 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%.
Read More about Dividends
Redington Ltd Technicals Summary
Bearish
Neutral
Bullish
Redington Ltd is currently in a Bullish trading position according to technical analysis indicators.
FAQs on Redington Ltd
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Redington Ltd (REDINGTON) share price today is ₹206.44
Redington Ltd is listed on NSE
Redington Ltd is listed on BSE
- Today’s highest price of Redington Ltd is ₹207.7.
- Today’s lowest price of Redington Ltd is ₹203.
PE Ratio of Redington Ltd is 13.39
PE ratio = Redington Ltd Market price per share / Redington Ltd Earnings per share
Today’s traded volume of Redington Ltd(REDINGTON) is 13.38L.
Today’s market capitalisation of Redington Ltd(REDINGTON) is ₹16138.95Cr.
| Redington Ltd(REDINGTON | Price |
|---|---|
52 Week High | ₹237.55 |
52 Week Low | ₹158.45 |
Redington Ltd(REDINGTON) share price is ₹206.44. It is down -13.10% from its 52 Week High price of ₹237.55
Redington Ltd(REDINGTON) share price is ₹206.44. It is up 30.29% from its 52 Week Low price of ₹158.45