Redington Ltd.

NSE: REDINGTON BSE: 532805 SECTOR: Trading  106k   1k   259

169.30
+5.30 (3.23%)
NSE: 29 Mar 4:00 PM

Price Summary

Today's High

₹ 169.7

Today's Low

₹ 161.3

52 Week High

₹ 202.2

52 Week Low

₹ 109.4

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

13231.82 Cr.

Enterprise Value

12355.96 Cr.

No. of Shares

78.16 Cr.

P/E

12.36

P/B

4.44

Face Value

₹ 2

Div. Yield

3.9 %

Book Value (TTM)

₹  38.14

CASH

876.02 Cr.

DEBT

0.16 Cr.

Promoter Holding

0 %

EPS (TTM)

₹  13.7

Sales Growth

18.92%

ROE

40.82 %

ROCE

48.3%

Profit Growth

255.09 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year18.92%
3 Year17.04%
5 Year11.39%

Profit Growth

1 Year255.09%
3 Year83.18%
5 Year35.02%

ROE%

1 Year40.82%
3 Year27.76%
5 Year20.74%

ROCE %

1 Year48.3%
3 Year32.06%
5 Year25.37%

Debt/Equity

0.0001

Price to Cash Flow

19.75

Interest Cover Ratio

103.448979591837

CFO/PAT (5 Yr. Avg.)

1.10895922057647

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2022 0 0
Sep 2022 0 0
Jun 2022 0 0
Mar 2022 0 0
Dec 2021 0 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 83.1752968080679% for the Past 3 years.
  • The company has shown a good revenue growth of 17.0428949782949% for the Past 3 years.
  • The company has significantly decreased its debt by 0.83 Cr.
  • Company has been maintaining healthy ROE of 27.7642126931241% over the past 3 years.
  • Company has been maintaining healthy ROCE of 32.0641701905338% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 103.448979591837.
  • Company’s PEG ratio is 0.16083872537447.
  • The company has an efficient Cash Conversion Cycle of 11.188175485348 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.10895922057647.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 4.8077991451791.

 Limitations

  • The company has a low EBITDA margin of 2.16833199275548% over the past 5 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
Net Sales 7088.75 7778.89 7611.64 8579.92 9438.22
Total Expenditure 6905.33 7617.32 7404.81 8349.75 9225.47
Operating Profit 183.42 161.57 206.83 230.17 212.75
Other Income 9.48 11.85 4.71 498.9 10.18
Interest 1.07 1.34 3.22 10.89 25.42
Depreciation 5.91 6.19 5.77 6.64 7.39
Exceptional Items 0 0 0 0 0
Profit Before Tax 185.92 165.89 202.55 711.54 190.12
Tax 48.47 42.43 52.7 55.8 48.74
Profit After Tax 137.45 123.46 149.85 655.74 141.38
Adjusted EPS (Rs) 1.76 1.58 1.92 8.39 1.81

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 14844.21 16851.21 18632.57 22720.67 27018.94
Total Expenditure 14503.66 16528.67 18236.09 22250.13 26361.14
Operating Profit 340.55 322.54 396.48 470.54 657.8
Other Income 45.53 58.17 373.84 71.07 487.53
Interest 101.22 142.63 118.3 46.06 10.78
Depreciation 13.53 12.3 26.22 27.83 30.15
Exceptional Items 0 0 0 0 0
Profit Before Tax 271.33 225.78 625.8 467.72 1104.4
Tax 87.41 73.64 136.2 204.39 169.33
Net Profit 183.92 152.14 489.6 263.33 935.07
Adjusted EPS (Rs.) 2.3 1.96 6.29 3.38 11.97

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 80.03 77.82 77.82 77.84 156.29
Total Reserves 1609.43 1526.12 1723.97 1989.89 2392.53
Borrowings 0 0.94 0 0 0
Other N/C liabilities -1.78 -5.04 25.18 24.14 28.32
Current liabilities 2746.02 3583.51 3868.59 3153.52 5266.73
Total Liabilities 4433.7 5183.35 5695.56 5245.39 7843.87
Assets
Net Block 91.75 84.81 87.72 71.36 59.88
Capital WIP 2.78 2.78 0 0 84.79
Intangible WIP 12.06 30.27 0 0 0
Investments 605.06 638.45 696.48 689.1 714.42
Loans & Advances 98.68 187.93 205.92 177.57 172.91
Other N/C Assets 0 0 0 0 0
Current Assets 3623.37 4239.11 4705.44 4307.36 6811.87
Total Assets 4433.7 5183.35 5695.56 5245.39 7843.87
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 271.33 225.78 625.8 467.72 1104.4
Adjustment 100.69 151.61 -175.61 34.71 -389.08
Changes in Assets & Liabilities -139.22 73.78 -94.74 521.36 127.25
Tax Paid -91.18 -127.98 -115.76 -153.79 -172.47
Operating Cash Flow 141.62 323.19 239.69 870 670.1
Investing Cash Flow 60.55 -28.1 348.55 32.72 367.47
Financing Cash Flow -89.53 -296.12 -87.7 -1216.6 -467.84
Net Cash Flow 112.64 -1.03 500.54 -313.88 569.73

Corporate Actions

Investors Details

PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Promoters 0.00 0.00 0.00 0.00 0.00
PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Investors 100.00 100.00 100.00 100.00 100.00

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Redington informs about disclosure 24 Feb 2023, 5:16PM Redington informs about analyst meet outcome7 Feb 2023, 4:53PM Redington - Quaterly Results1 Feb 2023, 3:56PM Redington - Quaterly Results1 Feb 2023, 3:56PM Redington - Quaterly Results1 Feb 2023, 3:56PM Redington informs about acquisition25 Jan 2023, 4:51PM Redington reports 21% rise in Q2 consolidated net profit8 Nov 2022, 2:18PM Redington - Quaterly Results2 Nov 2022, 3:00PM Redington - Quaterly Results2 Nov 2022, 3:00PM Redington - Quaterly Results2 Nov 2022, 3:00PM Redington informs about board meeting21 Oct 2022, 12:22PM Redington informs about allotment of shares 7 Oct 2022, 12:05PM Redington informs about closure of trading window 28 Sep 2022, 4:16PM Redington (India) joins hand with Google Cloud India for drive distribution16 Sep 2022, 11:18AM Redington partners with HDFC Bank to offer schemes to new range of iPhones12 Sep 2022, 10:22AM Redington - Quaterly Results3 Aug 2022, 4:11PM Redington - Quaterly Results3 Aug 2022, 4:11PM Redington - Quaterly Results3 Aug 2022, 4:11PM Redington (India) informs about analyst meet1 Aug 2022, 5:29PM Redington (India) informs about analyst call1 Aug 2022, 5:26PM Redington enters into collaboration agreement with Amazon Internet Services30 Jun 2022, 9:26AM Redington (India) informs about trading window closure29 Jun 2022, 3:37PM Redington enters into strategic partnership with Infoblox3 Jun 2022, 11:27AM Redington (India) informs about analyst call24 May 2022, 2:34PM Redington - Quaterly Results21 May 2022, 5:37PM Redington - Quaterly Results21 May 2022, 5:37PM Redington - Quaterly Results21 May 2022, 5:37PM Redington (India) informs about analyst meet17 May 2022, 5:06PM Redington enters into partnership with Check Point Software Technologies14 Feb 2022, 2:20PM Redington - Quaterly Results8 Feb 2022, 5:10PM Redington - Quaterly Results8 Feb 2022, 5:10PM Redington - Quaterly Results8 Feb 2022, 5:10PM Redington India enters into partnership with Vicarius1 Feb 2022, 11:19AM Redington (India) informs about certificate6 Jan 2022, 5:09PM Redington (India) informs about disclosures 23 Dec 2021, 10:56AM Redington (India) informs about allotment of shares14 Dec 2021, 2:23PM Redington (India) informs about disclosure8 Dec 2021, 10:03AM Redington India’s arm acquires entire stake in Brightstar2 Dec 2021, 5:52PM Redington (India) informs about disclosures2 Dec 2021, 4:58PM Redington (India) informs about analyst call10 Nov 2021, 4:21PM Redington (India) informs about disclosure13 Oct 2021, 9:43AM Redington India’s arm enters into binding SPA to acquire entire stake in Brightstar14 Sep 2021, 11:16AM Redington (India) informs about analyst meet24 Aug 2021, 10:43AM Redington (India) informs about allotment of shares 22 Jun 2021, 11:55AM Redington (India) informs about analyst meet5 Jun 2021, 1:15PM Redington (India) informs about analyst meet25 May 2021, 10:36AM Redington (India) informs about analyst conference call 22 May 2021, 11:03AM Redington (India) informs about investor presentation12 Nov 2020, 3:53PM Redington’s arm acquires additional 15.2% stake in Citrus26 Oct 2020, 9:59AM Redington India to retail iPhone range of smart phones 24 Oct 2020, 11:29AM

Redington Stock Price Analysis and Quick Research Report. Is Redington an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Redington has a PE ratio of 12.357532436241 which is low and comparatively undervalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Redington has ROA of 14.2875915063189 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Redington has a Current ratio of 1.29337748470113 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Redington has a ROE of 40.8208078859024 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Redington has a D/E ratio of 0.0001 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Redington has an Inventory turnover ratio of 18.5572829203798 which shows that the management is efficient in relation to its Inventory and working capital management.

  • Sales growth: - Redington has reported revenue growth of 18.9178840236666 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Redington for the current financial year is 2.43458847756425 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Redington is Rs 6.6 and the yield is 3.8984 %.

Brief about Redington

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