Redington Share Price

Redington Share Price

NSE: REDINGTON

|

BSE: 532805

|

Trading

75% Buy

₹308.55

+₹1.55 (0.50%) Last updated on 17 Jul, 2025 | 15:56 IST

Redington Overview

Market cap
Market Cap Switch₹24,000 Crs
Open
₹308.05
Prev. Close
₹307.00
Circuit range
₹368.40 - ₹245.60
Day range
₹305.40 - ₹310.20
Year range
₹158.61 - ₹334.80
Volume
7,70,253
Avg. traded
₹308.29
Revenue (12m)
₹99,334 Crs

About Redington

Redington Limited is an information technology company with a product portfolio that includes IT solutions, business process solutions, logistics as well as financial services. The company's network has expanded over 38 markets with more than 290 international brand associations and 70 sales locations. Redington was originally incorporated in 1961 but began operations in 1993 after acquiring the Indian branch of Redington Pte Limited Singapore.

The company's principal activity is wholesale distribution of machinery, equipment and supplies. It also offers solutions covering software-defined storage, fault-tolerant solutions, store visualisation, enterprise storage and hyper-converged infrastructure.

Business operations

The company began IT distribution and branch operations in western and southern India in 1993. Redington also started the distribution of HP's IT products. The next year, the company commenced distribution of IT products of Epson and Tripp and Samsung monitors. The company also put its foot in the northern Indian market. A year later, Redington started its operations in Eastern India. The company also began distribution of Compaq and Philips products.

In 1996, the firm began distribution of Intel products. The company partnered with Microsoft for distribution of software products in 1997. It made tie-ups with IBM APC and Canon, for the distribution of their products in 1998.

Eyeing a share in the market outside India, the firm set up a subsidiary Redington Gulf FZE to oversee the operation in Middle East and African markets.

In 2002, the firm began call centre operations for servicing Compaq's Presario range of products. A year later, it began distribution and servicing of Motorola mobile phones.

In 2004 Redington received investment from Synnex Mauritius Limited of the Synnex Group for a 36% stake in the company. The company acquired Redington Gulf FZE (Middle East and Africa operations).

Redington marked an entry into the consumer durable distribution space in 2005. The next year, the company took up 100% shareholding of Redington Distribution Pte Limited and Cadensworth (India) Private Limited. It signed a distribution agreement for the distribution of Apple's range of products in India. The company brought its initial public offering (IPO) and the shares were listed on BSE and NSE.

In 2008, Redington began distribution for BlackBerry. During the year, the company infused $65 million in MEA operations. Standard Chartered Private Equity took up an 11.99% stake in the company in 2011. The company teamed up with EMC for the distribution of their storage products through Cadensworth.

The next year, the company began a supply chain management business independently through a wholly owned subsidiarY, ProConnect Supply Chain Solutions Ltd.

In 2014, the company invested in LinkPLus, a leading Oracle distributor in Turkey, for an 80% stake in the firm. Redington launched its RedCloud portal during the year. As the company, completed 25 years of operation, it launched a new logo in 2018. The company transformed from a promoted-led company to board board-governed and professionally managed entity.

In 2020, the company disinvested in its wholly-owned subsidiary Ensure Support Services India. The company incorporated RedServ Global Solutions Limited – a wholly owned subsidiary for shared services — in 2022. The company shifted operations to its new corporate office in Chennai.

As of January 16, 2024, Redington Ltd's market capitalisation is over ₹14,000 crores. Redington Ltd's share price has moved up by over 150 % in the last three years.

Financial highlights

– Redington Ltd's consolidated revenue in FY23 was ₹79,377 crore, a 26.71% year-on-year growth from ₹62,644 crore in the last financial year. – The \EBITDA (earnings before interest, taxes, depreciation and amortisation) stood at ₹2,260.7 crore in FY23, up by 20.3% from ₹1,879.2, the figures recorded in the previous fiscal year. – The company reported a net profit of ₹1,439.4 crore in FY23 as against a profit of ₹11,315 crore in FY22. – Its earnings per share (EPS) grew to ₹17.82 in FY23 from ₹16.4 in the last financial year.

  • Chart
  • Fundamentals
  • Financials
  • Shareholdings
  • Events
  • Peers
  • News
  • FAQs

Redington Share Price Chart

Please wait...

Redington Key Indicators

P/E ratio
14.94
P/B ratio
2.48
ROE
32.15%
ROCE
30.35%
Dividend yield
2.46%
Debt/Equity ratio
0.44
EPS
13.83

Investment Checklist: (3/6)

passed

Equity returns

not passed

Dividend returns

passed

Safety factor

NA

Growth factor

passed

Debt vs Equity

NA

Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst Ratings:

Buy

Buy

75%

Hold

0%

Sell

25%

This analysis is based on the reviews of 4 experts in the last 7 days

Redington Financial Ratios

  • Profitability

  • Operational

  • Valuation

Operating profit margin

3.76%

Net profit margin

2.62%

ROE

32.15%

ROA

10.3%

ROCE

30.35%

Redington Shareholder returns

1 day
-0.84%
1 week
+2.01%
1 month
+3.37%
3 months
+35.62%
1 year
+47.64%
3 years
+151.12%
5 years
+560.64%

Revenue Statement

All values are in ₹ Crores (Cr)
RevenueNo Sort
Operating ProfitNo Sort
Net ProfitNo Sort
Mar-24
89,345.71
2,592.98
1,238.61
Mar-23
79,376.78
2,491.07
1,439.39
Mar-22
62,644.01
1,926.44
1,314.87
Mar-21
56,945.86
1,487.42
788.50

Cash Flow

All values are in ₹ Crores (Cr)
OperatingNo Sort
InvestingNo Sort
FinancingNo Sort
Mar-24
1,079.40
145.21
-1380.87
Mar-23
-3,233.52
175.56
1528.64
Mar-22
989.20
-56.52
-476.11
Mar-21
3,496.89
-496.82
-2241.05

Balance Sheet

All values are in ₹ Crores (Cr)
Total AssetNo Sort
Total LiabilityNo Sort
Mar-24
24,305.18
16,443.23
Mar-23
23,641.29
16,348.12
Mar-22
18,668.75
12,561.05
Mar-21
14,855.26
9,543.78

Redington Share Price History

DayOpenCloseChange %
02-Jul-25
₹329.00
₹312.00
-5.37%
01-Jul-25
₹326.60
₹329.70
+1.34%
30-Jun-25
₹322.50
₹325.35
+1.02%
27-Jun-25
₹298.55
₹322.05
+8.47%
26-Jun-25
₹307.65
₹296.90
-3.27%
25-Jun-25
₹300.90
₹306.95
+2.52%
24-Jun-25
₹294.00
₹299.40
+3.35%
23-Jun-25
₹291.95
₹289.70
-1.19%

Redington Shareholding Pattern

CategoryDec 2024Sep 2024Jun 2024Mar 2024
Promoters
-
-
-
-
Foreign institutions-FII
58.53%
58.02%
57.83%
58.07%
Other domestic institutions
6.09%
6.27%
6.22%
6.55%
Retail and other
22.84%
23.84%
23.99%
23.30%
Mutual Funds
12.54%
11.86%
11.96%
12.08%

Corporate Actions

  • Dividend • ₹6.8/share

    Ex date 04 Jul 2025

    expand tab
  • Dividend • ₹6.2/share

    Ex date 05 Jul 2024

    expand tab

Stocks Similar to Redington

PriceNo Sort
Change %No Sort
Adani Energy Solution₹873.35-₹3.25 (-0.37%)
ADANI ENTERPRISES₹2,616.60+₹8.10 (0.31%)
MMTC₹68.28-₹0.38 (-0.55%)
MSTC₹535.85-₹1.25 (-0.23%)
NOVARTIS₹1,060.00+₹4.90 (0.46%)
NURECA₹257.50-₹2.65 (-1.02%)
Optiemus Infracom₹623.25-₹13.10 (-2.06%)
Sundaram Fasteners₹1,036.60+₹20.00 (1.97%)

Popular Stocks

PriceNo Sort
Change %No Sort
HDFC Bank₹1,986.90-₹9.40 (-0.47%)
Indian Railway Finance Corp₹134.91-₹0.54 (-0.4%)
ITC₹423.95-₹0.65 (-0.15%)
ITC HOTELS LIMITED₹242.10+₹3.61 (1.51%)
JIO FIN SERVICES LTD₹318.15-₹1.40 (-0.44%)
Reliance₹1,476.40-₹9.20 (-0.62%)
Tata Motors₹681.70+₹2.70 (0.40%)
Tata Power₹413.45-₹1.25 (-0.3%)
Tata Steel₹159.90+₹2.57 (1.63%)
Wipro₹260.60-₹2.20 (-0.84%)

FAQs on Redington

What is the share price of Redington today?

chevron-up
Redington share price is ₹ 308.55 as on 17 Jul, 2025 | 15:56 IST.

What are the high & low stock price of Redington today?

chevron-up
Redington stock price hit a high of ₹ 310.20 and low of ₹ 305.40 as on 17 Jul, 2025 | 15:56 IST.

What is the market cap of Redington?

chevron-up
The market cap of Redington is ₹ 24,000.48 Crores as on 17 Jul, 2025 | 15:56 IST.

What are the the 52-week high and low share prices of Redington stock on the NSE?

chevron-up
52-week high stock Price of Redington is ₹ 334.80 and Low Price is ₹ 158.61 as on 17 Jul, 2025 | 15:56 IST.

What are the stock symbols of Redington?

chevron-up
The stock symbol of Redington is NSE: REDINGTON on the NSE, BSE: 532805 on the BSE, and the ISIN is INE891D01026.

Can I buy Redington shares on Holidays?

chevron-up
No, shares of Redington or any other publicly traded company cannot be bought or sold on holidays when the stock exchanges are closed. You can only buy or sell Redington shares on days when the stock exchanges are open for trading. It's important to check the NSE & BSE holidays calendar, before placing any trades to avoid any inconvenience.

What is the PE and PB ratio of Redington?

chevron-up
The PE and PB ratio of Redington is 14.94 and 2.48 respectively, as on 17 Jul, 2025 | 15:56 IST.

What are the returns on Redington shares?

chevron-up
The historical returns for Redington shares are 47.64 for 1 year, 151.12 for 3 year and 560.64 for 5 year.