1. Is Redington (India) Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that Redington (India) Ltd is a good quality company.
2. Is Redington (India) Ltd undervalued or overvalued?
The key valuation ratios of Redington (India) Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.
3. Is Redington (India) Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Redington (India) Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||14.5%||15.2%||13.6%||13.5%||13.4%||11.2%||10.4%||21.2%||12.5%||41.2%||-|
|Value Creation Index ⓘ||0.0||0.1||-0.0||-0.0||-0.0||-0.2||-0.3||0.5||-0.1||NA||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||8.2%||6.7%||5.1%||24.7%||-5.8%||13.5%||10.6%||21.9%||18.9%||-|
|Adj EPS ⓘ||2.1||2.4||2.2||2.3||2.9||2.5||2||6.3||3.7||12.1||12.7|
|YoY Gr. Rt. %||-||13.7%||-10.4%||8.3%||23.1%||-14.9%||-18.4%||215.5%||-42.2%||230.4%||-|
|BVPS (₹) ⓘ||13.4||15.9||17||19.2||20.1||21.1||20.6||23.2||26.2||32.6||34.5|
|Adj Net Profit ⓘ||169||193||173||187||230||196||155||491||284||943||989|
|Cash Flow from Ops. ⓘ||148||44.3||195||29.2||96.1||142||323||240||870||670||-|
|Debt/CF from Ops. ⓘ||4.2||8.1||1.5||16.4||7.4||5.4||2.6||4.9||0||0||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||21.3%||33.2%||82%||230.4%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||17.1||16.5||13.2||12.9||14.6||11.9||9.4||28.8||14.7||40.8||37.8|
|Op. Profit Mgn % ⓘ||2.9||2.5||2.4||2.6||2.5||2.4||2||2.2||2.2||2.5||2.5|
|Net Profit Mgn % ⓘ||1.6||1.7||1.4||1.5||1.5||1.3||0.9||2.6||1.3||3.5||3.4|
|Debt to Equity ⓘ||0.6||0.3||0.2||0.3||0.4||0.5||0.5||0.7||0||0||-|
|Working Cap Days ⓘ||67||69||80||88||80||90||86||84||68||70||0|
|Cash Conv. Cycle ⓘ||24||27||29||34||32||37||34||29||21||13||0|
Return on Equity has increased versus last 3 years average to 37.80%
Sales growth is growing at healthy rate in last 3 years 17.04%
Net Profit is growing at healthy rate in last 3 years 82.01%
Sales growth is good in last 4 quarters at 21.61%
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|TTM EPS (₹)||12.7||17.4|
|TTM Sales (₹ Cr.)||29,271||65,993|
|BVPS (₹.) ⓘ||34.5||78.1|
|Reserves (₹ Cr.) ⓘ||2,538||5,950|
|From the Market|
|52 Week Low / High (₹)||109.55 / 179.25|
|All Time Low / High (₹)||8.01 / 179.25|
|Market Cap (₹ Cr.)||11,519|
|Equity (₹ Cr.)||156.3|
|Face Value (₹)||2|
|Industry PE ⓘ||104.9|
Established in 1993, Redington has traversed an eventful and exciting journey to evolve from very humble beginnings into the company. The incredible journey has seen the company emerges from one brand, one product category, and one market into a billions of distribution and supply chain solutions provider to over many international brands in IT and Mobility spaces, serving various emerging markets. Redington (India) Limited is a public limited Company domiciled in India, incorporated under the provisions of the Companies Act, 1956. The company’s equity shares are listed on the bourses of BSE Limited and National Stock Exchange of India (NSE) Limited.
Redington is a leading distributor of technology & communication products and provider of services and solutions across various emerging markets. The company’s offerings include PC, Notebooks, Tablets, Printing Solutions, Servers, Storage, Software, Networking Solutions, Security Solutions, Smart Phones and Cloud.
Besides India and Turkey, its operations span across markets in South Asia, the Middle East and Africa. As a premier distributor for many global technology vendors, it leveraged a powerful network of thousands of channel partners.
Through two wholly-owned subsidiary companies, it also operates in the field of Third-party Logistics & Supply Chain Solutions and in the field of Repair and Maintenance of Technology Products & Infrastructure. These adjacencies allow the company to widen its coverage of technology distribution value chain.
Today, new-age technologies like Artificial Intelligence (AI), Robotics, Big Data and Analytics, Internet of Things (IoT), and 5G communications are opening new possibilities and new opportunities for tomorrow.
Business area of the company
The company is engaged in the business of distribution of information technology, mobility and other technology products besides supply chain solutions. The company has an operating branch in Singapore. The Company, its subsidiaries and associate operates in India, Middle East, Turkey, Africa, and South Asian countries.
History and milestones