REDINGTONServices

Redington Limited

Trading & Distributors · ISIN INE891D01026 · BSE 532805 · NSE EQ · FV ₹2
Last price
₹400
+3.08%today
What this company does

Redington Limited operates in Trading & Distributors, part of the Services sector. It booked ₹34,922 cr of revenue in its latest quarter (Q1 FY27) and kept 1.4% of sales as profit. It is the largest of 9 Trading & Distributors companies we track, by market value.

The Company is engaged in the business of y There is no unconditional right to defer the settlement of the liability for at least twelve months after the distribution of information technology, mobility, and other technology products besides supply chain solutions.
Their stated mission

is to offer a robust technology-powered platform MISSION to enable seamless flow of products and services.

In the report:
65out of 100
Equitytale Health Score
Solid

Healthier than 65% of companies in Services, on all six measures of filed financials. Each measure is ranked against the 29–116 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
69

At close. Not part of the score.

Profitability & returns68

How much profit it earns on the money it employs

Balance sheet51

How much it owes, and whether earnings cover the interest

Cash quality49

Whether reported profit actually arrives as cash

Growth & consistency66

Whether sales and profit have grown, and how steadily

Valuation68

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 35% vs last year
Profit up 77% vs last year
No promoter shares pledged
Strong 19% return on equity
Turns profit into real cash
Watch-outs
! Thin 1.4% net margin

What if I invest in REDINGTON?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 0% a year, it would become
₹12.00 lakh

The slider starts at 0%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹400 +3.08%
latest close · 2026-09-17
1-year return
+166.3%
52-wk low ₹10952-wk high ₹403
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio16.1Average
LowAverageHigh
P/B ratio3.08High
Below bookModerateHigh
EV / EBITDA10.9Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity19.1%Strong
WeakFairStrong ▸15%
Return on capital25.9%Strong
WeakFairStrong
Net margin1.4%Thin
ThinDecentStrong
EBITDA margin2.2%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.25Comfortable
LowModerateHigh ▸1
Interest cover7.8×Strong
RiskyOkayStrong ▸5×
Current ratio1.41Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹31,278 cr
Book value
₹130
EPS
₹6.22
latest quarter
Net debt
₹1,528 cr
owes more than its cash
Enterprise value
₹32,806 cr
EBITDA
₹3,004 cr
annualised
EBIT
₹2,801 cr
annualised
Operating margin
2.0%
Return on assets
5.7%
Earnings yield
6.22%
P/S
0.22
Sales / share
₹1,786.9
Tax rate
25.8%
Face value
₹2
Shares
78.2 cr
Working capital
₹9,512 cr
Current assets
₹32,529 cr
Current liabilities
₹23,017 cr
Delivery %
37.3%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹255 vs market price ₹400 — price is 57% above it
Safety cushion-57.2%(target ≥ +20%)
Models span ₹202₹308, midpoint ₹255
Model ₹255
Price ₹400
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹34,922 cr
Other Income₹43 cr
Total Income₹34,966 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹36,414 cr
Inventory Change (±)₹-3,162 cr
Employee Benefit Expense₹475 cr
Finance Costs₹89 cr
Depreciation & Amortisation₹51 cr
Other Expenses₹488 cr
Total Expenses₹34,355 cr
Profit before Tax₹611 cr
Tax Expense₹157 cr
Net Profit₹453 cr
Net margin on total income1.3%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹33,252 cr95.1%
Employee benefit expense₹475 cr1.4%
Finance costs₹89 cr0.3%
Depreciation & amortisation₹51 cr0.1%
Other expenses₹488 cr1.4%
Tax expense₹157 cr0.5%
Profit for the period₹453 cr1.3%
Total income ₹34,966 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue30,922 cr33,213 cr34,922 cr
Total income30,959 cr33,269 cr34,966 cr
Expenses30,421 cr32,721 cr34,355 cr
Profit before tax538 cr395 cr611 cr
Tax124 cr108 cr157 cr
Net profit (owners' share)436 cr391 cr486 cr
Net margin (owners' share, on revenue)1.4%1.2%1.4%
EPS (₹)5.575.016.22
YoY (latest quarter): total income +34.5% · net profit +76.5%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹33,839 cr
Shareholder equity
₹10,161 cr
parent shareholders
Total debt
₹2,637 cr
Cash
₹1,110 cr
Cash flow · H1 FY26
Operating
₹737 cr
Investing
₹23 cr
Financing
₹-866 cr
Peer comparison
Trading & Distributors · by market value
CompanyPriceMarket capP/E
Redington Limitedthis company₹400₹31,278 cr16.1
MMTC Limited₹60₹9,021 cr21.8
Mstc Limited₹715₹5,035 cr21.6
Creative Newtech Limited₹1,079₹1,620 cr32.8
The State Trading Corporation of India Limited₹111₹654 cr1.0
Oswal Agro Mills Limited₹34₹455 cr22.3
Kothari Products Limited₹64₹383 cr12.7
Sakuma Exports Limited₹2₹241 cr19.3
Vikas Lifecare Limited₹1₹227 cr1.4
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.50%
trailing 12 months
Dividend / share (TTM)
₹6
Last dividend
₹6
ex 3 Jul 2026
ActionDetailEx-date
Dividend₹6 / share3 Jul 2026
Dividend₹6.8 / share4 Jul 2025
Dividend₹6.2 / share5 Jul 2024
Dividend₹7.2 / share7 Jul 2023
Dividend₹6.6 / share14 Jul 2022
Bonus issue1:118 Aug 2021
Who owns it · 2026-06-30
No pledge
Promoter
FII / Foreign
62.0%
DII / Domestic
16.4%
Retail / others
21.7%
Smart-money activity
Insider trades
BoughtPrasanth Pookot · -9,930 · ₹34.8 L13 Jul 21
BoughtHetal Tarunkumar Shah · -6,110 · ₹21.4 L13 Jul 21
BoughtCHERIAN JOHN PARAKATT · -7,391 · ₹25.9 L13 Jul 21
Bulk / block deals
short · NSE20015 Sep 26
short · NSE1,00010 Sep 26
short · NSE14 Sep 26
Stake changes
BoughtFMR LLC→ 8.46% · 1.64 cr30 Jul 26
SoldHDFC Mutual Fund→ 7.26% · 1.58 cr1 Jul 26
SoldICICI Prudential Life Insurance Company Limited→ 3.23% · 6.79 L12 May 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 29 Jul 2025
See the official result
1
To receive, consider and adopt the audited standalone and consolidated financial statements of the Company for the financial year ended March 31, 2025
This filing does not break the votes down by shareholder group.
2
To declare dividend of Rs. 6.80 (340% of face value) per equity share of Rs. 2/- each for the financial year ended March 31, 2025.
This filing does not break the votes down by shareholder group.
3
To appoint a Director in place of Mr. Tu, Shu Chyuan, (DIN: 02336015), who retires by rotation and being eligible, offers himself for re-appointment.
This filing does not break the votes down by shareholder group.
4
Appointment of M/s Deloitte & Touche LLP, Chartered Accountants, as Auditors for the Branch Office of the Company at Singapore for the financial year 2025-26.
This filing does not break the votes down by shareholder group.

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.