Redington (India) Limited Share Price and Company Fundamentals



Price
₹129.7
Change
1.500 (1.170%)
52 week
109.4 - 179.2

Last traded: Yesterday at 9:59 AM

Redington (India) 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 and commercial PCs, desktops, laptops, and MacBooks; tablets and phablets; deskjets, laserjets, and related consumables and accessories; smartphones and augmented reality/virtual reality-powered wearables; and networking, enterprise server and storage, and security products, as well as software solutions, and licensing and subscription support services. It also offers cloud consulting, migration, DevOps, integration, and security products, as well as managed services; and develops, manufactures, and markets digital printing solutions comprising printing presses, proprietary consumables, and workflow. The company is also involved in the on demand part manufacturing business that consists of SLA, SLS, multi jet printing, color jet printing, vacuum casting, direct metal printing, metal die casting, CNC machines plastic and metals, and investment casting patterns; medical technologies and solar products distribution. In addition, it provides enterprise solutions and services, such as SOC and NOC services, converged network solutions, ICT and physical security solutions, and cloud services and solutions, as well as IT consulting, storage, data center, and virtualization solutions; and infrastructure managed services, including annual maintenance contracts, facility management services, managed print services, and IT outsourcing and helpdesk services. Further, the company offers spare part management; professional services comprising RBT and onsite repair, one time implementation projects, vendor managed support, and migrations and upgrades, as well as DOA validations, pats, and product screening; and logistics services. Redington (India) Limited was incorporated in 1961 and is based in Chennai, India.

Key Metrics

PE ratio

7.75

PB ratio

1.72

Dividend yield

5.15%

Beta

0.79

Market cap

-

Enterprise value

-

Company profile

Industry / SectorInformation Technology Services / Technology
Websitehttps://redingtongroup.com/india/
Mailing addressRedington House Centre Point Ground Floor, Plot No. 8 and 11 (SP) Thiru-Vi-Ka Industrial Estate Ekkaduthangal Guindy Chennai 600032 India
Phone / Fax91 44 4224 3353 / 91 44 2225 3799

Dividends

Dividend yield

5.15%

Dividend amount

₹6.60

Payout ratio

23.18%

Redington (India) Limited paid ₹6.60 dividend and the ex-dividend date was 14 July 2022.The dividend payout ratio is 23.18%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.REDINGTON dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

REDINGTON's forward dividend amount is ₹6.6 and the forward dividend yield is 5.26%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Redington (India) Limited.

NameTitleAgeTotal Pay
Mr. Ramesh NatarajanChief Exec. Officer53
Mr. Jitendra K. SenapatiChief Operating Officer55
Mr. Sundar Rajan GVP of HR
Mr. Srinivasan Venkata KrishnanGlobal CFO & Whole Time Director4813.48M
Mr. Gautam HukkuHead of Bus. Excellence Division55
Mr. R. VenkateshPres of Enterprise Bus. Group44
Mr. V. Ravi ShankarChief Financial Officer
Mr. Pravin Kumar SadasivamChief Technology Officer
Mr. Muthukrishnan MuthukumarasamyChief Investor Relation Officer, Company Sec. & Compliance Officer55
Mr. Puneet ChadhaChief Marketing Officer

Profitability and management effectiveness

Profit margin

2.04%

Operating margin

2.77%

Return on assets

6.59%

Return on equity

23.04%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Redington (India) Limited is and its enterprise value is .

The REDINGTON's stocks Beta value is 0.79 making it 21% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Redington (India) Limited (NSE:REDINGTON) Frequently Asked Questions

1. What is Redington (India) Limited's Stock Symbol?

Redington (India) Limited trades on NSE under the ticker symbol "REDINGTON".

2. What is Redington (India) Limited's stock price today?

One share of REDINGTON stock can currently be purchased for approximately ₹129.7.

3. How can I contact Redington (India) Limited?

Redington (India) Limited's mailing address is Redington House Centre Point Ground Floor, Plot No. 8 and 11 (SP) Thiru-Vi-Ka Industrial Estate Ekkaduthangal Guindy Chennai 600032 India. The company can be reached via phone at 91 44 4224 3353.

4. What is Redington (India) Limited's official website?

The official website of Redington (India) Limited is https://redingtongroup.com/india/.