Redington Limited

NSEI:REDINGTON Stock Report

Market Cap: ₹180.6b

Redington Past Earnings Performance

Past criteria checks 2/6

Redington has been growing earnings at an average annual rate of 9%, while the Electronic industry saw earnings growing at 29.8% annually. Revenues have been growing at an average rate of 14.2% per year. Redington's return on equity is 12.3%, and it has net margins of 1.3%.

Key information

8.99%

Earnings growth rate

8.93%

EPS growth rate

Electronic Industry Growth28.76%
Revenue growth rate14.24%
Return on equity12.32%
Net Margin1.25%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Narrative Update Jun 05

REDINGTON: Dividend And Board Decisions Will Support Bullish Fair Value Outlook

Analysts have trimmed their price target on Redington from ₹300 to ₹290, reflecting updated views on fair value in light of revised assumptions for the discount rate, revenue growth, profit margin, and future P/E. What's in the News Redington Limited has scheduled a board meeting on May 13, 2026, at 14:30 IST to consider audited standalone and consolidated financial statements for the quarter and year ended March 31, 2026.
Analysis Article Jun 02

Is Redington Limited (NSE:REDINGTON) Potentially Undervalued?

While Redington Limited ( NSE:REDINGTON ) might not have the largest market cap around , it saw a decent share price...
Narrative Update May 18

REDINGTON: Upcoming May Board Meeting Will Confirm Attractive Upside Potential

Analysts keep the fair value estimate for Redington steady at ₹313.75, pointing to slightly adjusted assumptions on discount rate, revenue growth and profit margin, as well as a modestly higher future P/E expectation as the main drivers behind the unchanged price target. What's in the News Redington Limited has scheduled a board meeting for May 13, 2026, at 14:30 Indian Standard Time to consider and approve audited standalone and consolidated financial statements for the quarter and year ended March 31, 2026 (Key Developments).
Narrative Update May 02

REDINGTON: February Board Meeting Will Confirm Attractive Upside With Stable Assumptions

Analysts have kept the fair value estimate for Redington steady at ₹313.75, with only minor model tweaks to the discount rate, long term revenue growth, profit margin assumptions and future P/E. As a result, the price target is effectively unchanged and remains anchored by broadly consistent expectations.
Narrative Update Apr 17

REDINGTON: February Board Meeting Will Confirm Attractive Upside With Stable Assumptions

Analysts have kept their price target for Redington steady at ₹313.75, pointing to only small tweaks in assumptions around discount rate, revenue growth, profit margins, and future P/E multiples rather than a change in their overall view on the stock. What's in the News Redington has scheduled a Board Meeting for February 4, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025 (Key Developments).
Narrative Update Apr 03

REDINGTON: Steady Fair Value And Board Meeting Will Support Bullish Outlook

Analysts have kept the fair value estimate for Redington steady at ₹300, citing slightly higher assumed profit margins and a modestly lower future P/E multiple. These factors broadly offset a small change in discount rate and revenue growth assumptions.
Narrative Update Mar 20

REDINGTON: Upcoming Board Meeting Will Support Confident Earnings And P/E Outlook

Analysts have kept the fair value estimate for Redington steady at ₹300.0 per share, citing largely unchanged assumptions around the discount rate, revenue growth, profit margin and future P/E as the basis for holding the price target level. What's in the News Redington has scheduled a board meeting for Feb 04, 2026, to review and approve unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025 (company filing).
Narrative Update Mar 06

REDINGTON: Upcoming Board Review Will Support Confident Earnings And P/E Outlook

The analyst price target for Redington has been trimmed by ₹5 to ₹300 per share, as analysts update their assumptions around the discount rate, revenue growth, profit margin and future P/E to reflect a slightly adjusted risk and earnings profile. What's in the News Redington has scheduled a board meeting for Feb 4, 2026 to consider and approve the unaudited standalone financial results for the quarter and nine months ended Dec 31, 2025 (company announcement).
Narrative Update Feb 20

REDINGTON: February Results Will Confirm Attractive Upside With Stable Margins

Analysts have lifted their price target on Redington from ₹289.00 to ₹313.75, citing updated assumptions around discount rate, revenue growth, profit margin and future P/E, which together support a higher fair value estimate. What's in the News A board meeting is scheduled for February 4, 2026, to consider and approve unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025 (company filing).
Analysis Article Feb 07

₹314 - That's What Analysts Think Redington Limited (NSE:REDINGTON) Is Worth After These Results

As you might know, Redington Limited ( NSE:REDINGTON ) recently reported its third-quarter numbers. It was a credible...
Narrative Update Feb 06

REDINGTON: Upcoming Results Discussion Will Support Stronger Margin And P/E Assumptions

Analysts have raised their fair value estimate for Redington from ₹170.00 to ₹305.00, citing updated assumptions around revenue growth, profit margin and future P/E that they view as more closely aligned with the company's current fundamentals. What's in the News A board meeting is scheduled for Feb 04, 2026 to consider and approve unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025 (Key Developments).
Analysis Article Jan 27

Is There Now An Opportunity In Redington Limited (NSE:REDINGTON)?

Redington Limited ( NSE:REDINGTON ), is not the largest company out there, but it saw significant share price movement...
Narrative Update Jan 22

REDINGTON: Upcoming September Results Will Confirm Attractive Upside With Stable Margins

Analysts have maintained their fair value estimate for Redington at ₹289.00, citing largely unchanged assumptions around revenue growth, profit margin and future P/E. These factors support keeping the target steady despite a slightly higher discount rate.
Narrative Update Jan 08

REDINGTON: Upcoming September Results Will Shape Outlook With Steady Margins And Balanced Risks

Analysts have lifted their fair value estimate for Redington from ₹281.25 to ₹289.00. This change reflects updated assumptions on the discount rate, revenue growth, profit margins and a higher future P/E multiple.
Analysis Article Dec 30

Is Redington (NSE:REDINGTON) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Narrative Update Dec 24

REDINGTON: Upcoming Results Will Shape Outlook Amid Stable Margins And Balanced Risks

Analysts have modestly revised their price target for Redington, keeping the fair value unchanged at ₹281.25 while slightly fine tuning key model inputs, including a marginally lower discount rate and future P E assumption, to reflect a largely stable risk reward outlook. What's in the News A board meeting is scheduled for November 5, 2025, to review and approve standalone unaudited financial results for the quarter ended September 30, 2025 (Key Developments).
Narrative Update Dec 10

REDINGTON: Upcoming Results And Stable Margins Will Guide Future Performance

Analysts have modestly raised their price target on Redington to ₹281.25, reflecting slightly higher discount rate and valuation assumptions, while keeping core growth and margin expectations broadly unchanged. What's in the News A board meeting is scheduled for November 5, 2025, to review and approve standalone and consolidated unaudited financial results for the quarter and half year ended September 30, 2025 (company filing).
Narrative Update Nov 26

REDINGTON: Cybersecurity Partnership And Margin Improvement Will Guide Upcoming Performance

Analysts have raised their price target for Redington from ₹273.75 to ₹281.25. This reflects modest improvements in projected profit margins and the overall financial outlook.
Analysis Article Nov 13

Redington Limited's (NSE:REDINGTON) Share Price Is Matching Sentiment Around Its Earnings

When close to half the companies in India have price-to-earnings ratios (or "P/E's") above 28x, you may consider...
Narrative Update Nov 10

REDINGTON: Revenue Growth and New Cybersecurity Partnership Will Shape Outlook

Analysts have raised their price target for Redington from ₹257.50 to ₹273.75, citing anticipated improvements in revenue growth and slightly adjusting profitability expectations. What's in the News Upcoming Board Meeting on November 5, 2025, to consider and approve standalone and consolidated unaudited financial results for the quarter and half-year ended September 30, 2025 (Key Developments) Strategic distribution agreement with CrowdStrike announced, enabling Redington to deliver the AI-native CrowdStrike Falcon platform to customers and partners across India (Key Developments) Partnership with CrowdStrike enhances Redington's cybersecurity offering, expands its regional channel ecosystem, and delivers advanced protection across endpoints, cloud, and data (Key Developments) Valuation Changes Consensus Analyst Price Target has increased from ₹257.50 to ₹273.75, reflecting a modest upward revision.
Analysis Article Oct 29

Is Redington Limited (NSE:REDINGTON) Potentially Undervalued?

Redington Limited ( NSE:REDINGTON ), might not be a large cap stock, but it saw a double-digit share price rise of over...
Analysis Article Oct 06

Redington (NSE:REDINGTON) Might Become A Compounding Machine

If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...
Analysis Article Sep 18

Is Redington (NSE:REDINGTON) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Aug 03

Redington Limited Beat Revenue Forecasts By 9.1%: Here's What Analysts Are Forecasting Next

It's been a sad week for Redington Limited ( NSE:REDINGTON ), who've watched their investment drop 15% to ₹249 in the...
Analysis Article Jul 02

Redington Limited's (NSE:REDINGTON) Shares Bounce 27% But Its Business Still Trails The Market

Despite an already strong run, Redington Limited ( NSE:REDINGTON ) shares have been powering on, with a gain of 27% in...
Analysis Article Jun 14

Returns On Capital At Redington (NSE:REDINGTON) Have Hit The Brakes

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article May 27

There May Be Underlying Issues With The Quality Of Redington's (NSE:REDINGTON) Earnings

Despite posting some strong earnings, the market for Redington Limited's ( NSE:REDINGTON ) stock hasn't moved much. We...
Analysis Article May 23

Redington's (NSE:REDINGTON) Dividend Will Be Increased To ₹6.80

The board of Redington Limited ( NSE:REDINGTON ) has announced that it will be increasing its dividend by 9.7% on the...
Analysis Article May 10

Redington Limited's (NSE:REDINGTON) Price Is Right But Growth Is Lacking After Shares Rocket 27%

Redington Limited ( NSE:REDINGTON ) shareholders would be excited to see that the share price has had a great month...
Analysis Article Apr 09

Are Investors Undervaluing Redington Limited (NSE:REDINGTON) By 32%?

Key Insights Redington's estimated fair value is ₹294 based on 2 Stage Free Cash Flow to Equity Redington's ₹201 share...
Analysis Article Mar 22

There's No Escaping Redington Limited's (NSE:REDINGTON) Muted Earnings

With a price-to-earnings (or "P/E") ratio of 15.5x Redington Limited ( NSE:REDINGTON ) may be sending bullish signals...
Analysis Article Mar 08

Why Redington Limited (NSE:REDINGTON) Could Be Worth Watching

Redington Limited ( NSE:REDINGTON ), is not the largest company out there, but it saw a significant share price rise of...
New Narrative Feb 26

Redington set to ride the ongoing AI and Cloud boom by transforming to SaaS marketplace and vendor business model

Rising enterprise IT spending in India and emerging markets.
User avatar
New Narrative Feb 25

New Market Expansion And AI-Driven Products Set To Strengthen Company's Position

Redington's geographic expansion and strategic focus on cloud and AI solutions could boost revenue and improve net margins.
Analysis Article Feb 22

Redington (NSE:REDINGTON) Seems To Use Debt Quite Sensibly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Feb 08

Redington Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Redington Limited ( NSE:REDINGTON ) defied analyst predictions to release its third-quarter results, which were ahead...
Analysis Article Jan 17

Investors Shouldn't Overlook The Favourable Returns On Capital At Redington (NSE:REDINGTON)

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
Analysis Article Dec 04

What Does Redington Limited's (NSE:REDINGTON) Share Price Indicate?

Redington Limited ( NSE:REDINGTON ), might not be a large cap stock, but it led the NSEI gainers with a relatively...
Analysis Article Nov 06

Investors Can Find Comfort In Redington's (NSE:REDINGTON) Earnings Quality

Redington Limited's ( NSE:REDINGTON ) stock was strong despite it releasing a soft earnings report last week. We think...
Analysis Article Sep 02

What Does Redington Limited's (NSE:REDINGTON) Share Price Indicate?

While Redington Limited ( NSE:REDINGTON ) might not have the largest market cap around , it saw significant share price...
Analysis Article Jun 28

Redington (NSE:REDINGTON) Will Pay A Smaller Dividend Than Last Year

Redington Limited ( NSE:REDINGTON ) is reducing its dividend to ₹6.20 on the 29th of Augustwhich is 14% less than last...
Analysis Article Jun 14

Redington (NSE:REDINGTON) Is Reducing Its Dividend To ₹6.20

Redington Limited ( NSE:REDINGTON ) has announced it will be reducing its dividend payable on the 29th of August to...
Analysis Article May 07

Redington (NSE:REDINGTON) Is Very Good At Capital Allocation

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Mar 09

Redington (NSE:REDINGTON) Takes On Some Risk With Its Use Of Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jan 27

Is Now The Time To Look At Buying Redington Limited (NSE:REDINGTON)?

Redington Limited ( NSE:REDINGTON ), is not the largest company out there, but it received a lot of attention from a...
Analysis Article Jan 09

The Market Doesn't Like What It Sees From Redington Limited's (NSE:REDINGTON) Earnings Yet

When close to half the companies in India have price-to-earnings ratios (or "P/E's") above 31x, you may consider...
Analysis Article Sep 11

At ₹166, Is Redington Limited (NSE:REDINGTON) Worth Looking At Closely?

Redington Limited ( NSE:REDINGTON ), is not the largest company out there, but it saw a decent share price growth in...

Revenue & Expenses Breakdown

How Redington makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:REDINGTON Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 261,191,62414,90216,1080
31 Dec 251,124,98317,64517,8280
30 Sep 251,082,92717,29017,2560
30 Jun 251,041,12616,34116,9790
31 Mar 25994,43016,04816,6320
31 Dec 24954,50912,64816,6600
30 Sep 24922,39812,05316,2960
30 Jun 24895,64412,15916,1150
31 Mar 24894,69212,18615,8590
31 Dec 23888,23512,03114,5380
30 Sep 23869,92812,42114,4260
30 Jun 23838,23413,25613,9200
31 Mar 23794,39413,92613,5370
31 Dec 22749,11514,30413,0980
30 Sep 22698,16714,38812,3520
30 Jun 22660,49213,59011,6630
31 Mar 22626,94912,79910,9070
31 Dec 21609,01212,31910,0290
30 Sep 21612,84510,35410,2830
30 Jun 21597,5739,04310,0840
31 Mar 21570,0537,5839,7970
31 Dec 20541,7685,7319,7940
30 Sep 20519,6935,3979,1950
30 Jun 20505,3744,9409,2660
31 Mar 20515,0215,1529,3430
31 Dec 19514,2915,65010,8630
30 Sep 19492,6215,54110,7340
30 Jun 19480,4015,29210,5940
31 Mar 19465,8235,07810,4490
31 Dec 18467,2934,82110,0630
30 Sep 18454,2064,6449,8390
30 Jun 18443,3394,7199,6700
31 Mar 18416,3074,8169,4510
31 Dec 17429,6604,9119,2410
30 Sep 17421,9784,8199,2070
30 Jun 17413,9264,6956,2640
31 Mar 17411,3814,6429,0900
31 Dec 16408,1394,4598,1860
30 Sep 16388,5734,3968,0740
30 Jun 16375,1254,3657,7460
31 Mar 16354,6164,2357,4760
31 Dec 15331,8704,10710,3550
30 Sep 15326,1194,01410,1020
30 Jun 15319,9053,90810,0590

Quality Earnings: REDINGTON has high quality earnings.

Growing Profit Margin: REDINGTON's current net profit margins (1.3%) are lower than last year (1.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: REDINGTON's earnings have grown by 9% per year over the past 5 years.

Accelerating Growth: REDINGTON's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: REDINGTON had negative earnings growth (-7.1%) over the past year, making it difficult to compare to the Electronic industry average (33.4%).


Return on Equity

High ROE: REDINGTON's Return on Equity (12.3%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/11 18:12
End of Day Share Price 2026/06/11 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Redington Limited is covered by 13 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sushil Sharma360 ONE Capital Market Private Limited
Saurabh MukherjeaAmbit Capital
Soumitra ChatterjeeAvendus Spark