Redington Limited (REDINGTON) AI Stock Analysis

• Market Cap: ₹156.98B
• Dividend Yield: 2.48%
• Average Volume (3M): 993.16K
• Price to Earnings (P/E): 12.2
• Beta (1Y): 1.30
• Revenue Growth: 17.44%
• EPS Growth: 43.45%
• Country: IN
• Employees: 5,037
• Sector: Services
• Sector Strength: N/A
• Industry: Information Technology Services
• EPS (TTM): 5.60
• Shares Outstanding: 781,774,400
• 10 Day Avg. Volume: 364,043
• 30 Day Avg. Volume: 993,159
• PEG Ratio: 0.35
• Price to Book (P/B): 2.06
• Price to Sales (P/S): 0.18
• P/FCF Ratio: 114.86
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 19.25
• Revenue Forecast (FY): ₹1.16T

• Rating: 69 Neutral
• Price Target: ₹220.00 ▼(-22.97% Downside)
• Action: Downgraded Date: 03/28/26
• Date: Action: Downgraded 03/28/26

The score is primarily supported by strong financial performance (solid revenue/profitability trends and a stable balance sheet), but is held back by weak technicals (below key moving averages with negative MACD). Valuation is supportive due to a low P/E and a solid dividend yield, partially offsetting the near-term momentum risk.

Positive Factors

Revenue Growth

Consistent double-digit revenue growth reflects durable demand for Redington's distribution and value-added services. Sustained top-line expansion supports scale benefits—better vendor terms, higher throughput, and operating leverage—that reinforce margin stability and fund reinvestment across geographies and channels.

Negative Factors

Cash Flow Volatility

Inconsistent free cash flow and volatile operating cash flows weaken the company's ability to fund capex, working capital, dividends, or acquisitions from internal sources. For a distribution-heavy business, swings in receivables/inventory can force external financing at inopportune times and constrain strategic choices.

Redington Limited Business Overview & Revenue Model

Company Description

Redington Limited provides supply chain solutions for information technology products, telecom, lifestyle, healthcare, and solar products in India and internationally. The company distributes IT hardware and software products, including consumer a...

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Redington Limited provides supply chain solutions for information technology products, telecom, lifestyle, healthcare, and solar products in India and internationally. The company distributes IT hardware and software products, including consumer a...

How the Company Makes Money

Redington primarily makes money through distribution-led sales of technology products and solutions on behalf of global OEMs and technology vendors. Its core revenue stream comes from purchasing products from vendors (or acting as an authorized di...

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Redington primarily makes money through distribution-led sales of technology products and solutions on behalf of global OEMs and technology vendors. Its core revenue stream comes from purchasing products from vendors (or acting as an authorized di...

Redington Limited Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	1.08T	993.34B	894.69B	793.37B	626.12B	569.34B
Gross Profit	43.33B	52.20B	51.42B	35.36B	29.12B	23.01B
EBITDA	23.45B	20.53B	21.30B	22.52B	18.74B	14.24B
Net Income	17.29B	16.05B	12.19B	13.93B	12.80B	7.58B
Balance Sheet
Total Assets	297.93B	275.84B	243.94B	232.83B	184.16B	145.62B
Cash, Cash Equivalents and Short-Term Investments	13.71B	13.72B	16.12B	19.72B	36.47B	35.15B
Total Debt	26.09B	28.09B	29.58B	33.21B	8.31B	6.22B
Total Liabilities	203.97B	183.87B	165.32B	159.90B	123.08B	92.50B
Stockholders Equity	90.12B	87.21B	75.49B	69.27B	57.85B	49.39B
Cash Flow
Free Cash Flow	6.41B	1.56B	9.57B	-33.96B	8.63B	34.49B
Operating Cash Flow	7.37B	2.93B	10.79B	-32.34B	9.89B	34.97B
Investing Cash Flow	228.50M	5.60B	1.45B	1.76B	-565.20M	-4.97B
Financing Cash Flow	-8.66B	-11.71B	-13.81B	15.29B	-4.76B	-22.41B

Redington Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 285.60
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:REDINGTON, the sentiment is Negative. The current price of 285.6 is above the 20-day moving average (MA) of 235.43, above the 50-day MA of 251.47, and above the 200-day MA of 269.66, indicating a bearish trend. The MACD of -13.53 indicates Positive momentum. The RSI at 31.81 is Neutral, neither overbought nor oversold. The STOCH value of 12.19 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:REDINGTON.

Redington Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VRLLOG	73 Outperform	₹42.99B	18.11	―	2.79%	4.74%	176.63%
TCI	70 Outperform	₹72.25B	18.01	―	0.94%	9.97%	16.28%
REDINGTON	69 Neutral	₹156.98B	12.21	―	2.48%	17.44%	43.45%
BLS	67 Neutral	₹102.98B	20.31	―	0.31%	41.61%	44.11%
ALLCARGO	57 Neutral	₹11.23B	―	―	19.52%	-15.70%	-343.97%
DELHIVERY	57 Neutral	₹320.82B	190.69	―	―	9.17%	1685.95%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%

Redington Limited Corporate Events