Redington Ltd
Established in the year 1993, Redington Limited is a leading distributor of IT and mobility products and a provider of supply chain management solutions and support services in India, the Middle East, Turkey and Africa.[1]
- Market Cap ₹ 17,125 Cr.
- Current Price ₹ 219
- High / Low ₹ 238 / 136
- Stock P/E 14.0
- Book Value ₹ 96.6
- Dividend Yield 2.83 %
- ROCE 18.3 %
- ROE 16.8 %
- Face Value ₹ 2.00
Pros
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
24,165 | 27,945 | 31,559 | 35,442 | 41,115 | 41,603 | 46,536 | 51,465 | 56,946 | 62,644 | 79,377 | 89,346 | |
23,511 | 27,261 | 30,843 | 34,637 | 40,264 | 40,757 | 45,570 | 50,373 | 55,554 | 60,805 | 77,174 | 87,468 | |
Operating Profit | 653 | 684 | 717 | 806 | 851 | 846 | 966 | 1,092 | 1,392 | 1,839 | 2,203 | 1,877 |
OPM % | 3% | 2% | 2% | 2% | 2% | 2% | 2% | 2% | 2% | 3% | 3% | 2% |
46 | 51 | 64 | 34 | 41 | 39 | -8 | 44 | 89 | 88 | 142 | 264 | |
Interest | 199 | 212 | 182 | 202 | 183 | 197 | 271 | 289 | 205 | 163 | 355 | 385 |
Depreciation | 38 | 38 | 43 | 47 | 55 | 57 | 63 | 155 | 148 | 141 | 155 | 181 |
Profit before tax | 462 | 485 | 555 | 590 | 655 | 631 | 623 | 692 | 1,128 | 1,622 | 1,833 | 1,575 |
Tax % | 25% | 26% | 26% | 25% | 27% | 23% | 22% | 23% | 30% | 19% | 21% | 21% |
347 | 358 | 410 | 444 | 477 | 484 | 484 | 534 | 788 | 1,315 | 1,439 | 1,239 | |
EPS in Rs | 4.05 | 4.21 | 4.84 | 5.30 | 5.80 | 6.02 | 6.53 | 6.62 | 9.74 | 16.38 | 17.82 | 15.59 |
Dividend Payout % | 5% | 11% | 20% | 20% | 37% | 20% | 18% | 32% | 60% | 40% | 40% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 14% |
3 Years: | 16% |
TTM: | 13% |
Compounded Profit Growth | |
---|---|
10 Years: | 14% |
5 Years: | 18% |
3 Years: | 17% |
TTM: | -12% |
Stock Price CAGR | |
---|---|
10 Years: | 16% |
5 Years: | 34% |
3 Years: | 14% |
1 Year: | 13% |
Return on Equity | |
---|---|
10 Years: | 17% |
5 Years: | 19% |
3 Years: | 21% |
Last Year: | 17% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 80 | 80 | 80 | 80 | 80 | 80 | 78 | 78 | 78 | 156 | 156 | 156 |
Reserves | 1,561 | 1,941 | 2,294 | 2,869 | 3,068 | 3,451 | 3,828 | 4,231 | 4,861 | 5,629 | 6,771 | 7,392 |
2,150 | 1,786 | 1,867 | 2,349 | 1,516 | 1,458 | 1,307 | 2,775 | 622 | 831 | 3,321 | 2,958 | |
2,733 | 3,500 | 4,135 | 5,226 | 5,486 | 5,875 | 7,206 | 7,568 | 8,999 | 11,792 | 13,030 | 13,887 | |
Total Liabilities | 6,524 | 7,308 | 8,375 | 10,525 | 10,150 | 10,863 | 12,419 | 14,651 | 14,559 | 18,407 | 23,278 | 24,394 |
350 | 259 | 276 | 498 | 476 | 470 | 454 | 714 | 605 | 700 | 877 | 867 | |
CWIP | 15 | 23 | 13 | 14 | 0 | 20 | 38 | 11 | 1 | 85 | 12 | 1 |
Investments | 0 | 0 | 0 | 0 | 5 | 4 | 7 | 0 | 0 | 0 | 34 | 0 |
6,158 | 7,026 | 8,086 | 10,013 | 9,669 | 10,369 | 11,920 | 13,925 | 13,953 | 17,622 | 22,354 | 23,527 | |
Total Assets | 6,524 | 7,308 | 8,375 | 10,525 | 10,150 | 10,863 | 12,419 | 14,651 | 14,559 | 18,407 | 23,278 | 24,394 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
288 | 241 | 257 | -142 | 1,360 | 186 | 1,068 | 966 | 3,497 | 989 | -3,234 | 1,079 | |
76 | 296 | 10 | 12 | -86 | -25 | -94 | 54 | -610 | -167 | 243 | 145 | |
-160 | -523 | -225 | 202 | -1,131 | -199 | -651 | 443 | -2,241 | -476 | 1,529 | -1,381 | |
Net Cash Flow | 203 | 14 | 42 | 71 | 144 | -38 | 324 | 1,463 | 646 | 346 | -1,462 | -156 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 46 | 51 | 51 | 55 | 45 | 53 | 49 | 50 | 44 | 51 | 55 | 57 |
Inventory Days | 31 | 32 | 35 | 41 | 32 | 29 | 32 | 28 | 20 | 27 | 35 | 29 |
Days Payable | 33 | 38 | 40 | 46 | 42 | 44 | 49 | 47 | 50 | 63 | 54 | 51 |
Cash Conversion Cycle | 44 | 45 | 46 | 50 | 35 | 38 | 32 | 30 | 14 | 15 | 36 | 34 |
Working Capital Days | 44 | 40 | 40 | 46 | 33 | 37 | 32 | 30 | 11 | 14 | 35 | 33 |
ROCE % | 18% | 18% | 17% | 16% | 16% | 16% | 18% | 15% | 20% | 28% | 25% |
Documents
Announcements
- Closure of Trading Window 25 Jun
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 24 Jun
- Annual General Meeting Scheduled On July 30, 2024 4 Jun
- Annual General Meeting On July 30, 2024 Through Video Conferecing 4 Jun
- Board Meeting Outcome for Dividend For The Financial Year Ended March 31, 2024 4 Jun
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Concalls
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Leading distributor of technology
Redington is a leading distributor of products and integrated supply chain solution provider in the field of technology and communications in India as well as across the globe. Being the second largest distributor of IT products in India, it is a premier distributor of products for 200 + global technology vendors. It also leverage its presence in the field of Repairs and maintenance of technology products & Infrastructure. [1] [2]