Redington Share PriceRedington

₹155.35
-2.15 (-1.37%)
As on 22 September, 2023 | 10:21 BSE: 532805 NSE: REDINGTONISIN: INE891D01026

Redington Performance

Day Range

  • Low 155.15
  • High 158.5
155.35

52 Week Range

  • Low 135
  • High 202.3
155.35
  • Open Price158.3
  • Previous Close157.5
  • Volume367215

Start SIP in Redington

Start SIP

Redington Share Price

  • Over 1 Month 2.09%
  • Over 3 Month -16.77%
  • Over 6 Month -3.37%
  • Over 1 Year 5.36%

Redington Key Statistics

P/E Ratio 9.2
PEG Ratio -3.7
Market Cap Cr 12,144
Price to Book Ratio 1.7
EPS 13.7
Dividend 4.6
Relative Strength Index 43.15
Money Flow Index 50.99
MACD Signal -1.33
Average True Range 5.16

Redington Investment Rating

  • Master Rating:
  • Redington has an operating revenue of Rs. 83,760.82 Cr. on a trailing 12-month basis. An annual revenue growth of 27% is outstanding, Pre-tax margin of 2% needs improvement, ROE of 20% is exceptional. The company has a reasonable debt to equity of 1%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 74 which is a FAIR score but needs to improve its earnings, a RS Rating of 14 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C- which is evident from recent supply seen, Group Rank of 173 indicates it belongs to a poor industry group of Computer-Hardware/Perip and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Redington Financials
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 9,7059,7129,4388,5807,6127,779
Operating Expenses Qtr Cr 9,4659,5029,2258,3507,4057,617
Operating Profit Qtr Cr 240210213230207162
Depreciation Qtr Cr 877766
Interest Qtr Cr 4038251131
Tax Qtr Cr 514749565342
Net Profit Qtr Cr 194125141656150123
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 35,86227,506
Operating Expenses Annual Cr 34,48226,365
Operating Profit Annual in Cr 860654
Depreciation Cr 2630
Interest Annual Cr 787
Tax Annual Cr 204169
Net Profit Annual Cr 1,072935
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -2,087670
Cash from Investing Activity Annual Cr 351367
Cash from Financing Annual Activity Cr 1,048-468
Net Cash Flow Annual Cr -688570
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 3,1062,549
Fixed Assets Annual Cr 182191
Total Non Current Assets Annual Cr 1,0961,055
Total Current Assets Annual Cr 8,6806,812
Total Assets Annual Cr 9,7767,867
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 4033
ROE Annual % 3537
ROCE Annual % 4343
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 44
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 21,18721,84921,67419,05116,80317,302
Operating Expenses Qtr Cr 20,76821,30521,09318,51816,34116,811
Operating Profit Qtr Cr 419543581532462491
Depreciation Qtr Cr 424339373637
Interest Qtr Cr 889288543733
Tax Qtr Cr 97126102798788
Net Profit Qtr Cr 249310380387316348
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 79,51962,732
Operating Expenses Annual Cr 77,25860,852
Operating Profit Annual in Cr 2,1191,792
Depreciation Cr 155141
Interest Annual Cr 272116
Tax Annual Cr 394307
Net Profit Annual Cr 1,3931,280
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -3,234989
Cash from Investing Activity Annual Cr 176-57
Cash from Financing Annual Activity Cr 1,529-476
Net Cash Flow Annual Cr -1,529457
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 6,9275,785
Fixed Assets Annual Cr 805724
Total Non Current Assets Annual Cr 1,1461,050
Total Current Assets Annual Cr 22,13817,366
Total Assets Annual Cr 23,28318,416
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 9378
ROE Annual % 2022
ROCE Annual % 2827
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 33

Redington Technicals

EMA & SMA

Current Price
₹155.35
-2.15 (-1.37%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 16
  • 20 Day
  • ₹159.76
  • 50 Day
  • ₹164.3
  • 100 Day
  • ₹168.6
  • 200 Day
  • ₹168.34
  • 20 Day
  • ₹159.24
  • 50 Day
  • ₹165.05
  • 100 Day
  • ₹173.07
  • 200 Day
  • ₹175.16

Redington Resistance and Support

PIVOT
₹158.74
Resistance
First Resistance ₹161.67
Second Resistance ₹165.84
Third Resistance ₹168.77
RSI 43.15
MFI 50.99
MACD Single Line -1.33
MACD -1.17
Support
First Resistance ₹154.57
Second Resistance ₹151.64
Third Resistance ₹147.47

Redington Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 1,497,625 72,604,860 48.48
Week 2,146,359 123,372,687 57.48
1 Month 2,659,746 146,365,812 55.03
6 Month 2,051,718 114,219,148 55.67

Redington Result Highlights

Redington Synopsis

NSE-Computer-Hardware/Perip

Redington L is involved in the business activities of Wholesale of machinery, equipment and supplies. Company’s Total Operating Revenue is Rs. 35341.44 Cr. and Equity Capital is Rs. 156.31 Cr. for the Year ended 31/03/2023. Redington Ltd. is a Public Limited Listed company incorporated on 02/05/1961 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L52599TN1961PLC028758 and registration number is 028758.
Market Cap 12,312
Sales 37,435
Shares in Float 78.17
No of funds 312
Yield 4.57
Book Value 3.96
U/D Vol ratio 0.4
LTDebt / Equity
Alpha 0.03
Beta 1.15

Redington

Owner NameJun-23Mar-23Dec-22Sep-22
Promoters
Mutual Funds 12%11.87%11.78%11.68%
Insurance Companies 3.69%3.69%3.81%3.82%
Foreign Portfolio Investors 35.09%36.37%36.65%37.94%
Financial Institutions/ Banks 0.01%0.01%
Individual Investors 16.09%15.58%15.45%14.26%
Others 33.12%32.48%32.31%32.3%

Redington Management

Name Designation
Prof. J Ramachandran Chairman
Mr. Rajiv Srivastava Managing Director
Mr. S V Krishnan WholeTime Director & Group CFO
Ms. Anita P Belani Director
Mr. Tu Shu-Chyuan Director
Mr. B Ramaratnam Director
Ms. Chen Yi-Ju Director
Mr. V S Hariharan Director
Mr. Keith WF Bradley Director

Redington Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Redington Corporate Action

Date Purpose Remarks
2023-08-01 Quarterly Results
2023-05-16 Audited Results & Final Dividend
2023-02-01 Quarterly Results
2022-11-02 Quarterly Results
2022-08-03 Quarterly Results
Date Purpose Remarks
2023-07-07 FINAL Rs.7.20 per share(360%)Final Dividend
2022-07-15 FINAL Rs.6.60 per share(330%)Final Dividend
2021-07-19 FINAL Rs.7.60 per share(380%)Final Dividend (BC dates revised)
2021-07-19 SPECIAL Rs.4.00 per share(200%)Special Dividend (BC dates revised)
Date Purpose Remarks
2021-08-20 Bonus Rs.0.00 issue in the ratio of 1:1 of Rs. 2/-.

Redington MF Shareholding

Name Amount(cr)
HDFC Mid-Cap Opportunities Fund Growth 47236
HDFC Small Cap Fund Growth 22560
HDFC Hybrid Equity Fund Growth 20789
HDFC Large and Mid Cap Fund Growth 11198
Tata Digital India Fund Regular Growth 7863
  • Company Name
  • CMP
  • Chg(%)
  • Company Name
  • CMP
  • Chg(%)

Redington FAQs

What is Share Price of Redington ?

Redington share price is ₹155 As on 22 September, 2023 | 10:07

What is the Market Cap of Redington ?

The Market Cap of Redington is ₹12143.5 Cr As on 22 September, 2023 | 10:07

What is the P/E ratio of Redington ?

The P/E ratio of Redington is 9.2 As on 22 September, 2023 | 10:07

What is the PB ratio of Redington ?

The PB ratio of Redington is 1.7 As on 22 September, 2023 | 10:07

Q2FY23