NSE: REDINGTON | BSE: 532805

Mid-range Performer

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223.55 -2.82 (-1.25%)

40.94% Gain from 52W Low

1.7M NSE+BSE Volume

NSE 17 Apr, 2025 3:40 PM (IST)

17,476.6

Market Cap

Market Runner Up

1.0

Beta 1Year

Average volatility

Redington Ltd. share price target and research reports

Name: Latest research reports of Redington Ltd. authored by Prabhudas Lilladhar and published by - Trendlyne research reports.
Item: Redington Ltd.
Rating: 5
Author: Prabhudas Lilladhar

Latest analyst research reports with target prices and PDF download for REDINGTON, BSE:532805 Redington Ltd.

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Redington Ltd.

04 Aug 2022

223.55

-1.25%

REDINGTON (INDIA) LT

Buy: Redington Ltd.

Target

Prabhudas Lilladhar

Redington Ltd. is trading below its 30 day SMA of 230.6

Redington Ltd.

10 Nov 2021

223.55

-1.25%

Q2FY22 Result Update - Strong Operational performance! - BUY

Buy: Redington Ltd.

Target

Prabhudas Lilladhar

Redington's revenue growth of 11% YoY was below our and cons estimates (Ple: 15.4%, Cons: 14.3%) due to decline in overseas revenue, -0.4% YoY, while India business grew at strong rate of 30% YoY. Muted performance in overseas was led by decline of 23% YoY in SSA (7% of overseas revenue, due to ongoing shift of vendor business from Singapore to India initiated in 3Q21)...

Redington Ltd. is trading below its 30 day SMA of 230.6

Redington Ltd.

29 Sep 2021

223.55

-1.25%

Company Update - Well placed to ride on digital tailwinds - BUY

Buy: Redington Ltd.

Prabhudas Lilladhar

We interacted with Redington management, Mr. Raj Shankar - Vice Chairman and Managing Director & Mr. S. V. Krishnan - Whole Time Director & CFO. Redington is capitalizing on demand led by accelerated digital adoption amidst work from home during pandemic. Though chip shortage is expected to limit industry growth, Redington being largest distributor for top global brands will benefit from larger share of supplies from these brands as reflected in top 5 brands revenue growth of 37% YoY and decline of 3% YoY in other brands as on Q1FY22. With strong growth potential in hybrid and...

Number of FII/FPI investors increased from 290 to 305 in Dec 2024 qtr.

Redington Ltd.

28 May 2021

223.55

-1.25%

Q4FY21 Result Update - Capitalised WFH in a perfect way! - BUY

Buy: Redington Ltd.

Target

Prabhudas Lilladhar

EBIT margins were at all-time high of 2.5% (+80 bps YoY, +20 bps QoQ) Redington delivered strong result in Q4FY21 with led by strong growth in India business. In India, there is strong demand for security, collaboration, mobility and cloud. Though there may be near term softness in India due to COVID, management expects strong pent up demand led recovery in 2HFY22. Growth in overseas business picked up led by META region. There is strong demand led by Government ICT spending in MEA and in areas such as IoT,...

Number of FII/FPI investors increased from 290 to 305 in Dec 2024 qtr.

Redington Ltd.

29 May 2018

223.55

-1.25%

INVESTMENT NOTE: REDINGTON(INDIA) LIMITED

Buy: Redington Ltd.

Choice India

We expect the future overseas profitability to improve with situation improving in turkey post general election also fading of GST related issue will drive the profitability in the domestic market. The Company would benefit by the recovering of the Indian enterprise and government IT spends ,further growing demand for apple products would aid the revenue growth in the coming period. The management expects healthy growth in warehousing and logistics segment in the coming period which urges well for the profitability. The roof top solar equipment business is expected to scale up on the back of removal of antidumping duty and contracts signed...

Number of FII/FPI investors increased from 290 to 305 in Dec 2024 qtr.

Redington Ltd.

06 Nov 2017

223.55

-1.25%

Result Update:Redington India

Buy: Redington Ltd.

Target

Axis Direct

Redingtons Q2FY18 revenue and margin performance were in line with our estimates. Overseas operations grew ~10% YoY, whereas India operations recorded 6% YoY growth despite the impact of GST (ex-GST growth would have been 11-11.5% YoY). EBITDA at 1.9% was largely steady QoQ.

Number of FII/FPI investors increased from 290 to 305 in Dec 2024 qtr.

Redington Ltd.

05 Jun 2017

223.55

-1.25%

Analyst Meet Update:Redington India

Buy: Redington Ltd.

Target

Axis Direct

Emerging businesses: To drive incremental growth, margin, and RoCE. Foray into rooftop solar, and medical and health equipment

Redington Ltd. has gained 24.87% in the last 6 Months

Redington Ltd.

08 Feb 2017

223.55

-1.25%

Result Update:Redington India

Buy: Redington Ltd.

Axis Direct

Redington'sQ3FY17revenue/PAT were better than our estimates led by ~28% YoY growth in India (~39% share) and ~18% YoY growth in overseas(~61%). The PC business grew higher than the industry in both the geographies. Non-IT maintained growth momentum. Working capital reduced significantly to 43 days..

Redington Ltd. has gained 24.87% in the last 6 Months

Is Redington (India) Ltd. worth buying?

802 Votes:

Buy 85.79%

Sell 7.98%

Hold 6.23%