Update shared on29 Jul 2025
Fair value Increased 8.13%Despite a notable decline in forecast revenue growth, Redington's future P/E multiple has risen substantially, supporting an increased analyst price target from ₹242.77 to ₹262.50.
What's in the News
- Redington signed a Revenue Acceleration Pilot (REAP) contract with Amazon Web Services, enabling a strategic distribution agreement to extend AWS resources and support to downstream partners, accelerating cloud adoption and business growth among mid-tier partners.
- Announced annual dividend of INR 6.80 per share, payable in August.
- Board meeting held to approve audited financial results, recommend dividend, convene AGM, and appoint Secretarial Auditor.
Valuation Changes
Summary of Valuation Changes for Redington
- The Consensus Analyst Price Target has risen from ₹242.77 to ₹262.50.
- The Future P/E for Redington has significantly risen from 13.72x to 16.15x.
- The Consensus Revenue Growth forecasts for Redington has significantly fallen from 11.5% per annum to 10.4% per annum.
Disclaimer
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