Redington Limited
₹326.75-₹30.20 (-8.5%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹21,342 Cr
- P/E
- 15.2x
- EV / EBITDA
- 13.7x
- Revenue
- ₹48,902 Cr
- Net margin
- 2.6%
- ROCE
- 19.5%
Price chart
Technical chartScreen technicals →+26.3% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -19.7%
- 3M
- +5.1%
- 6M
- +51.3%
- 1Y
- +26.3%
- 5Y
- +121.6%
52-week range
Day change -₹30.20 (-8.5%) from ₹357 to ₹327 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in REDINGTON, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 17.2%
Concerns0
Rule-based from financial data. Not advice.
About the company
Redington Limited distributes information technology, mobility, and other technology products in India, the Middle East, Turkey, Africa, and South Asian countries.
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Redington Limited distributes information technology, mobility, and other technology products in India, the Middle East, Turkey, Africa, and South Asian countries. It provides AI and automation, software applications, security, digital printing, data and analytics, infrastructure, 3D printing, network modernization, cyber security, solar, gaming, AE and VR, home automation, wearables, and displays; and firewalls, access service edge, endpoint security, and identity and access management solutions. The company also offers software and hardware solutions, such as laptops, tablets, servers, software, notebooks, workstations, networking, power supply, desktops, accessories, components, and lighting products for mobility, computing, printing, automation, gaming, and solar applications. In addition, it is involved in the marketing, sale, and maintenance of computer hardware, accessories and spare parts; wholesale of mobile phones and devices, electronic household appliances, telecommunication products, and cosmetics; artificial intelligence activities; distribution of renewable energy products, information technology, spare parts, and telecommunication products; cloud services and software sales; public materials transportation; requisites trading of computer software, computer equipment, telephones and telecommunication equipment, and data processing; import and export of computers, computer peripherals, and components. Further, the company provides supply chain management, logistics, payment intermediation, hardware support and maintenance, and business and knowledge process outsourcing services; and cloud consulting, managed, and security solutions. It serves resellers, retailers, system integrators, and independent service vendors of technology products and solutions. The company was formerly known as Redington (India) Limited and changed its name to Redington Limited. Redington Limited was incorporated in 1961 and is headquartered in Chennai, India.
- Sector
- Industrials
- Shares outstanding
- 78.2 Cr shares
- ISIN
- INE891D01026
- BSE code
- 532805
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹21,342 Cr
- P/E
- 15.2x
- P/B
- 4.5x
- EV / EBITDA
- 13.7x
- EV / Sales
- 0.5x
- P/S
- 0.5x
- Earnings yield
- 6.6%
- 52-week high
- ₹412.75
- 52-week low
- ₹199.45
Profitability
- Operating margin
- 2.5%
- Net margin
- 2.6%
- EBITDA margin
- 3.7%
- ROE
- 29.8%
- ROCE
- 19.5%
- ROA
- 10.0%
- Dividend payout
- 45.0%
- Tax rate
- 17.0%
- Other income, % of PBT
- 39.4%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹48,902 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 18.6%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 17.2%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹1,530 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 10.5%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 33.6%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 17.1%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹272 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -113.0%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹56.0 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 10.2%
Solvency and efficiency
- Current ratio
- 1.91
- Debt / Equity
- 0.44
- Debt / Assets
- 0.15
- Debt / EBITDA
- 1.05
- Interest coverage
- 5.35
- Financial leverage
- 2.97
- CFO / Net profit
- 0.25
- Cash / Market cap
- 46.1%
- Cash per share
- ₹125.87
- Asset turnover
- 3.83
- Fixed asset turnover
- 231.62
- Capital intensity
- 0.00
- Debtor days
- 59 days
- Inventory turnover
- 15.87
- Cash conversion cycle
- 35 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹3 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹47,765 Cr |
| Sales | Operating profit | ₹1,137 Cr |
| Operating profit | Interest | ₹136 Cr |
| Operating profit | Depreciation | ₹43 Cr |
| Operating profit | Profit before tax | ₹958 Cr |
| Other income | Profit before tax | ₹741 Cr |
| Profit before tax | Tax and other | ₹254 Cr |
| Profit before tax | Net profit | ₹1,444 Cr |
Revenue and net profit
Revenue grew 18.6% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹22,721 Cr | ₹263 Cr |
| FY2022 | ₹27,019 Cr | ₹935 Cr |
| FY2023 | ₹35,341 Cr | ₹1,072 Cr |
| FY2024 | ₹41,228 Cr | ₹1,081 Cr |
| FY2025 | ₹48,902 Cr | ₹1,444 Cr |
Cash flows
FY2025: ₹94.0 Cr from operations, ₹778 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹870 Cr | ₹903 Cr |
| FY2022 | ₹670 Cr | ₹1,037 Cr |
| FY2023 | -₹2,087 Cr | -₹1,736 Cr |
| FY2024 | ₹272 Cr | ₹743 Cr |
| FY2025 | ₹94 Cr | ₹778 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹48,902 Cr+18.6%1Y
- Net profit
- ₹1,444 Cr+33.6%1Y
- Cash from operations
- ₹94 Cr
- Free cash flow
- ₹778 Cr+4.7%1Y
- Revenue CAGR, 5Y
- 17.2%
- EBITDA CAGR, 5Y
- 14.7%
- Net profit CAGR, 5Y
- 17.1%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹48,902 Cr | ₹1,137 Cr | — | ₹1,444 Cr | ₹94 Cr | ₹778 Cr | 31.5% | +18.6% | +33.6% |
Monthly returns
Month-by-month returns of REDINGTON across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹13,033 Cr |
| Equity capital | ₹156 Cr |
| Reserves | ₹4,430 Cr |
| Borrowings | ₹1,416 Cr |
| Other liabilities | ₹7,030 Cr |
| Assets | ₹13,033 Cr |
| Fixed assets | ₹181 Cr |
| Capital work in progress | ₹9 Cr |
| Investments | ₹750 Cr |
| Other assets | ₹12,092 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
REDINGTON trades at 15.2x earnings against a peer median of 38.3x (a 60% discount).
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Redington LimitedREDINGTONthis companyP/E ↓ discount | ₹21,342 Cr | 15.2x | 4.5x | 29.8% | 13.7x |
| HBL ENGINEERING LIMITEDHBLENGINE | ₹23,438 Cr | 35.8x | 12.0x | 21.9% | 57.2x |
| Timken India LtdTIMKEN | ₹22,941 Cr | 50.4x | 8.3x | 16.2% | 36.9x |
| Firstsource Solutions Ltd.FSL | ₹22,755 Cr | 53.1x | 8.7x | 13.3% | 46.6x |
| eClerx Services LimitedECLERX | ₹21,910 Cr | 55.5x | 15.0x | 23.6% | 38.9x |
| Jyoti CNC Automation LimitedJYOTICNC | ₹21,278 Cr | 60.7x | 9.6x | 8.0% | 75.1x |
| Inox Wind LimitedINOXWIND | ₹19,897 Cr | 33.8x | 3.3x | -7.0% | -530.2x |
| Welspun Corp LimitedWELCORP | ₹19,531 Cr | 26.0x | 4.1x | 13.4% | 20.7x |
| KALPATARU PROJECTS INTERNATIONAL LIMITEDKPIL | ₹19,240 Cr | 23.4x | 2.6x | 9.3% | 11.9x |
| Peer median | — | 38.3x | 5.2x | 15.2% | 25.8x |
Year-to-date ROI
REDINGTON since 1 January, against earlier years.
Historical volatility
REDINGTON's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 2.0% |
| FY2022 | 2.0% |
| FY2023 | 2.0% |
| FY2024 | 2.0% |
| FY2025 | 2.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹48,902 Cr |
| Costs | |
| Interest | ₹136 Cr |
| Expenses | ₹47,766 Cr |
| Operating profitOperating Profit | ₹1,137 Cr |
| Other income and charges | |
| Profit before tax | ₹1,698 Cr |
| Tax | |
| Net profitNet Profit | ₹1,444 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹13,033 Cr |
| Equity capitalEquity Capital | ₹156 Cr |
| Reserves | ₹4,430 Cr |
| Borrowings | ₹1,416 Cr |
| Other liabilitiesOther Liabilities | ₹7,030 Cr |
| AssetsTotal Assets | ₹13,033 Cr |
| Fixed assetsFixed Assets | ₹181 Cr |
| Capital work in progressCWIP | ₹9 Cr |
| Investments | ₹750 Cr |
| Other assetsOther Assets | ₹12,092 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹94 Cr |
| Investing cash flowCash from Investing Activity | ₹684 Cr |
| Financing cash flowCash from Financing Activity | -₹835 Cr |
| Change in cashNet Cash Flow | -₹56 Cr |
Learn while you research
Academy chapters picked for Redington Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 04 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
- 05 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
- 06 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read