Redington Ltd.
•₹ 350.550.7%
2026-08-21
PROS
- Company has a healthy return on capital (ROCE) of 23.4%
- Company has consistently been profitable over the last 5 years
- Latest quarter profit grew 94.6% YoY, showing strong momentum
- Company has delivered good sales growth of 15.9% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 31.5%
CONS
- Recent results are weak - TTM profit is down 34.6% versus prior year
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.37x)
- Recurring exceptional / one-off items are inflating headline profit
- Growth is decelerating - 3Y profit CAGR (-3.7%) trails the 5Y trend (10.2%)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | ADANIENT | 2979.00 | 54.17 | 403273.96 | 0.04 | -1461.54 | -249.67 | 32923.98 | 49.92 | 13.30 | 15.57 |
| 2. | AEGISLOG | 1363.65 | 38.25 | 47864.12 | 0.64 | 544.84 | 210.70 | 2356.86 | 37.07 | 19.76 | 30.28 |
| 3. | PREMIERENE | 1008.00 | 27.48 | 45758.31 | 0.10 | 471.92 | 53.32 | 2462.59 | 35.25 | 41.97 | 29.03 |
| 4. | CPPLUS | 3307.45 | 81.98 | 39127.28 | 0.05 | 142.20 | 332.51 | 1402.42 | 89.51 | 29.48 | 14.52 |
| 5. | REDINGTON | 334.90 | 15.39 | 26181.63 | 1.79 | 453.49 | 94.65 | 34922.47 | 34.57 | 18.96 | 2.03 |
| 6. | HONASA | 476.90 | 62.48 | 15548.09 | 0.63 | 90.45 | 118.87 | 755.95 | 27.00 | 8.99 | 14.58 |
| 7. | LLOYDSENT | 78.59 | 106.84 | 11997.17 | 0.19 | 109.98 | -55.77 | 563.03 | 70.15 | 12.84 | 18.07 |
| 8. | SGMART | 805.80 | 81.69 | 10155.92 | 0.00 | 455.80 | 1310.71 | 13085.70 | 1044.08 | 11.45 | 4.49 |
| 9. | MMTC | 62.10 | 20.82 | 9315.00 | 0.00 | 104.24 | 135.52 | 0.68 | -50.00 | 6.90 | -1423.53 |
| 10. | CELLO | 358.45 | 25.31 | 7917.62 | 0.42 | 73.40 | -8.99 | 526.72 | -0.43 | 17.15 | 18.80 |
| 11. | EBGNG | 588.80 | 47.13 | 6713.00 | 0.00 | 28.93 | 56.21 | 412.46 | 32.08 | 20.14 | 11.97 |
| 12. | JSLL | 497.20 | 26.13 | 6180.23 | 0.91 | 65.89 | 28.51 | 224.41 | 28.75 | 51.64 | 41.03 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 21,187 | 22,220 | 23,505 | 22,433 | 21,282 | 24,896 | 26,716 | 26,440 | 25,952 | 29,076 | 30,922 | 33,213 | 34,922 | |
| 20,768 | 21,739 | 22,988 | 21,974 | 20,911 | 24,437 | 26,114 | 25,843 | 25,552 | 28,487 | 30,296 | 32,599 | 34,355 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 64 | 76 | 45 | 79 | 53 | 57 | 48 | 70 | 50 | 43 | 37 | 56 | 43 |
| Interest | 88 | 106 | 85 | 106 | 81 | 84 | 84 | 82 | 92 | 116 | 79 | 72 | 89 |
| Depreciation | 42 | 44 | 43 | 52 | 51 | 49 | 54 | 63 | 54 | 55 | 47 | 50 | 51 |
| 352 | 408 | 434 | 381 | 292 | 381 | 513 | 1,148 | 304 | 460 | 538 | 395 | 611 | |
| Tax % | 27.47% | 23.68% | 19.83% | 14.89% | 25.79% | 25.82% | 21.43% | 20.07% | 23.44% | 23.83% | 23.13% | 27.24% | 25.76% |
| Net Profit | 0 | 0 | 0 | 0 | 217 | 283 | 403 | 918 | 233 | 350 | 413 | 288 | 453 |
| 3 | 4 | 4 | 4 | 3 | 4 | 5 | 9 | 4 | 5 | 6 | 5 | 1 | |
| Equity Capital | 156 | 156 | 156 | 156 | 156 | 156 | 156 | 156 | 156 | 156 | 156 | 156 | 156 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 156 | 156 | 156 | 156 | 156 | 156 | 156 | 156 | 156 | 156 | 156 | 156 | 156 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 21,187
- 20,768
- Operating Profit
- —
- OPM %
- —
- Other Income
- 64
- Interest
- 88
- Depreciation
- 42
- 352
- Tax %
- 27.47%
- Net Profit
- 0
- 3
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 22,220
- 21,739
- Operating Profit
- —
- OPM %
- —
- Other Income
- 76
- Interest
- 106
- Depreciation
- 44
- 408
- Tax %
- 23.68%
- Net Profit
- 0
- 4
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 23,505
- 22,988
- Operating Profit
- —
- OPM %
- —
- Other Income
- 45
- Interest
- 85
- Depreciation
- 43
- 434
- Tax %
- 19.83%
- Net Profit
- 0
- 4
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 22,433
- 21,974
- Operating Profit
- —
- OPM %
- —
- Other Income
- 79
- Interest
- 106
- Depreciation
- 52
- 381
- Tax %
- 14.89%
- Net Profit
- 0
- 4
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 21,282
- 20,911
- Operating Profit
- —
- OPM %
- —
- Other Income
- 53
- Interest
- 81
- Depreciation
- 51
- 292
- Tax %
- 25.79%
- Net Profit
- 217
- 3
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 24,896
- 24,437
- Operating Profit
- —
- OPM %
- —
- Other Income
- 57
- Interest
- 84
- Depreciation
- 49
- 381
- Tax %
- 25.82%
- Net Profit
- 283
- 4
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 26,716
- 26,114
- Operating Profit
- —
- OPM %
- —
- Other Income
- 48
- Interest
- 84
- Depreciation
- 54
- 513
- Tax %
- 21.43%
- Net Profit
- 403
- 5
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 26,440
- 25,843
- Operating Profit
- —
- OPM %
- —
- Other Income
- 70
- Interest
- 82
- Depreciation
- 63
- 1,148
- Tax %
- 20.07%
- Net Profit
- 918
- 9
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 25,952
- 25,552
- Operating Profit
- —
- OPM %
- —
- Other Income
- 50
- Interest
- 92
- Depreciation
- 54
- 304
- Tax %
- 23.44%
- Net Profit
- 233
- 4
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 29,076
- 28,487
- Operating Profit
- —
- OPM %
- —
- Other Income
- 43
- Interest
- 116
- Depreciation
- 55
- 460
- Tax %
- 23.83%
- Net Profit
- 350
- 5
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 30,922
- 30,296
- Operating Profit
- —
- OPM %
- —
- Other Income
- 37
- Interest
- 79
- Depreciation
- 47
- 538
- Tax %
- 23.13%
- Net Profit
- 413
- 6
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 33,213
- 32,599
- Operating Profit
- —
- OPM %
- —
- Other Income
- 56
- Interest
- 72
- Depreciation
- 50
- 395
- Tax %
- 27.24%
- Net Profit
- 288
- 5
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 34,922
- 34,355
- Operating Profit
- —
- OPM %
- —
- Other Income
- 43
- Interest
- 89
- Depreciation
- 51
- 611
- Tax %
- 25.76%
- Net Profit
- 453
- 1
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 41,115 | 41,603 | 46,536 | 51,465 | 56,946 | 62,644 | 79,377 | 89,346 | 99,334 | 1,19,162 | 1,28,133 | |
| 40,277 | 40,757 | 45,570 | 50,373 | 55,534 | 60,797 | 77,028 | 87,019 | 96,979 | 1,16,700 | 1,25,736 | |
| Operating Profit | 901 | 885 | 1,029 | 1,141 | 1,508 | 1,935 | 2,491 | 2,593 | 2,583 | 2,647 | — |
| OPM % | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | — |
| Other Income | 63 | 39 | 63 | 49 | 96 | 88 | 142 | 266 | 228 | 185 | 179 |
| Interest | 192 | 197 | 271 | 289 | 225 | 171 | 502 | 837 | 656 | 591 | 356 |
| Depreciation | 55 | 57 | 63 | 155 | 148 | 141 | 155 | 181 | 218 | 206 | 203 |
| 655 | 631 | 623 | 692 | 1,128 | 1,622 | 1,833 | 1,575 | 2,335 | 1,697 | 2,004 | |
| Tax % | 27 | 23 | 22 | 23 | 30 | 19 | 21 | 21 | 22 | 24 | 25 |
| Net Profit | 477 | 484 | 484 | 534 | 788 | 1,315 | 1,439 | 1,239 | 1,821 | 1,284 | 1,505 |
| EPS | 12 | 12 | 13 | 13 | 10 | 16 | 18 | 16 | 21 | 19 | — |
| Dividend Payout % | 37 | 20 | 25 | 32 | 60 | 40 | 40 | 40 | 33 | 31 | — |
| Minority Interest | -13 | -3 | 23 | -19 | -30 | -35 | -47 | -20 | -216 | 206 | -38 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 6 | 6 | 7 | 7 | 10 | 16 | 18 | 16 | 21 | 19 | — |
| Minority Interest | -13 | -3 | 23 | -19 | -30 | -35 | -47 | -20 | -216 | 206 | -38 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 6 | 6 | 7 | 7 | 10 | 16 | 18 | 16 | 21 | 19 | — |
Mar 2017
- 41,115
- 40,277
- Operating Profit
- 901
- OPM %
- 2
- Other Income
- 63
- Interest
- 192
- Depreciation
- 55
- 655
- Tax %
- 27
- Net Profit
- 477
- EPS
- 12
- Dividend Payout %
- 37
- Minority Interest
- -13
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- -13
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2018
- 41,603
- 40,757
- Operating Profit
- 885
- OPM %
- 2
- Other Income
- 39
- Interest
- 197
- Depreciation
- 57
- 631
- Tax %
- 23
- Net Profit
- 484
- EPS
- 12
- Dividend Payout %
- 20
- Minority Interest
- -3
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- -3
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2019
- 46,536
- 45,570
- Operating Profit
- 1,029
- OPM %
- 2
- Other Income
- 63
- Interest
- 271
- Depreciation
- 63
- 623
- Tax %
- 22
- Net Profit
- 484
- EPS
- 13
- Dividend Payout %
- 25
- Minority Interest
- 23
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 23
- Share of Associates
- 0
- Adjusted EPS
- 7
Mar 2020
- 51,465
- 50,373
- Operating Profit
- 1,141
- OPM %
- 2
- Other Income
- 49
- Interest
- 289
- Depreciation
- 155
- 692
- Tax %
- 23
- Net Profit
- 534
- EPS
- 13
- Dividend Payout %
- 32
- Minority Interest
- -19
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- -19
- Share of Associates
- 0
- Adjusted EPS
- 7
Mar 2021
- 56,946
- 55,534
- Operating Profit
- 1,508
- OPM %
- 3
- Other Income
- 96
- Interest
- 225
- Depreciation
- 148
- 1,128
- Tax %
- 30
- Net Profit
- 788
- EPS
- 10
- Dividend Payout %
- 60
- Minority Interest
- -30
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- -30
- Share of Associates
- 0
- Adjusted EPS
- 10
Mar 2022
- 62,644
- 60,797
- Operating Profit
- 1,935
- OPM %
- 3
- Other Income
- 88
- Interest
- 171
- Depreciation
- 141
- 1,622
- Tax %
- 19
- Net Profit
- 1,315
- EPS
- 16
- Dividend Payout %
- 40
- Minority Interest
- -35
- Share of Associates
- 0
- Adjusted EPS
- 16
- Minority Interest
- -35
- Share of Associates
- 0
- Adjusted EPS
- 16
Mar 2023
- 79,377
- 77,028
- Operating Profit
- 2,491
- OPM %
- 3
- Other Income
- 142
- Interest
- 502
- Depreciation
- 155
- 1,833
- Tax %
- 21
- Net Profit
- 1,439
- EPS
- 18
- Dividend Payout %
- 40
- Minority Interest
- -47
- Share of Associates
- 0
- Adjusted EPS
- 18
- Minority Interest
- -47
- Share of Associates
- 0
- Adjusted EPS
- 18
Mar 2024
- 89,346
- 87,019
- Operating Profit
- 2,593
- OPM %
- 3
- Other Income
- 266
- Interest
- 837
- Depreciation
- 181
- 1,575
- Tax %
- 21
- Net Profit
- 1,239
- EPS
- 16
- Dividend Payout %
- 40
- Minority Interest
- -20
- Share of Associates
- 0
- Adjusted EPS
- 16
- Minority Interest
- -20
- Share of Associates
- 0
- Adjusted EPS
- 16
Mar 2025
- 99,334
- 96,979
- Operating Profit
- 2,583
- OPM %
- 3
- Other Income
- 228
- Interest
- 656
- Depreciation
- 218
- 2,335
- Tax %
- 22
- Net Profit
- 1,821
- EPS
- 21
- Dividend Payout %
- 33
- Minority Interest
- -216
- Share of Associates
- 0
- Adjusted EPS
- 21
- Minority Interest
- -216
- Share of Associates
- 0
- Adjusted EPS
- 21
Mar 2026
- 1,19,162
- 1,16,700
- Operating Profit
- 2,647
- OPM %
- 2
- Other Income
- 185
- Interest
- 591
- Depreciation
- 206
- 1,697
- Tax %
- 24
- Net Profit
- 1,284
- EPS
- 19
- Dividend Payout %
- 31
- Minority Interest
- 206
- Share of Associates
- 0
- Adjusted EPS
- 19
- Minority Interest
- 206
- Share of Associates
- 0
- Adjusted EPS
- 19
TTM
- 1,28,133
- 1,25,736
- Operating Profit
- —
- OPM %
- —
- Other Income
- 179
- Interest
- 356
- Depreciation
- 203
- 2,004
- Tax %
- 25
- Net Profit
- 1,505
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- -38
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- -38
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 13%
- 5 Years:
- 16%
- 3 Years:
- 15%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 13%
- 5 Years:
- 14%
- 3 Years:
- 2%
STOCK PRICE CAGR
- 10 Years:
- 21%
- 5 Years:
- 17%
- 3 Years:
- 32%
- 1 Year:
- 41%
RETURN ON EQUITY
- 10 Years:
- 17%
- 5 Years:
- 20%
- 3 Years:
- 18%
- Last Year:
- 14%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 80 | 80 | 78 | 78 | 78 | 156 | 156 | 156 | 156 | 156 |
| 3,068 | 3,446 | 3,807 | 4,199 | 4,829 | 5,624 | 6,767 | 7,392 | 8,564 | 10,004 | |
| 1,516 | 1,454 | 1,283 | 2,537 | 434 | 535 | 3,077 | 2,761 | 2,603 | 2,637 | |
| Trade Payables | 4,433 | 4,765 | 5,905 | 6,275 | 7,300 | 10,154 | 10,971 | 11,869 | 13,392 | 18,039 |
| 1,207 | 1,247 | 1,462 | 1,622 | 2,214 | 2,200 | 2,670 | 2,127 | 2,791 | 2,797 | |
| Total Liabilities | 10,304 | 10,992 | 12,534 | 14,711 | 14,855 | 18,669 | 23,641 | 24,305 | 27,506 | 33,634 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 476 | 470 | 454 | 714 | 605 | 700 | 866 | 848 | 833 | 627 | |
| Capital Work in Progress | 0 | 3 | 8 | 0 | 0 | 85 | 8 | 1 | 11 | 67 |
| 5 | 4 | 7 | 0 | 0 | 0 | 34 | 0 | 0 | 0 | |
| 3,375 | 3,107 | 3,859 | 3,673 | 2,902 | 4,383 | 7,085 | 6,653 | 6,287 | 8,171 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13,934 | 17,330 | 21,569 | |
| Cash & Bank | 721 | 541 | 877 | 2,377 | 3,493 | 3,659 | 1,951 | 1,621 | 1,381 | 1,122 |
| 5,727 | 6,867 | 7,329 | 7,947 | 7,855 | 9,842 | 13,697 | 1,248 | 1,663 | 2,078 | |
| Total Assets | 10,304 | 10,992 | 12,534 | 14,711 | 14,855 | 18,669 | 23,641 | 24,305 | 27,506 | 33,634 |
| Total Debt | 1,516 | 1,458 | 1,307 | 2,537 | 445 | 633 | 3,127 | 2,807 | 2,619 | 2,637 |
| Net Working Capital | 2,964 | 3,338 | 3,629 | 3,982 | 4,713 | 5,457 | 6,504 | 6,954 | 8,204 | 9,512 |
| Contingent Liabilities | 96 | 91 | 123 | 199 | 171 | 147 | 431 | 472 | 563 | 549 |
| Book Value per Share | 78.73 | 88.11 | 99.83 | 109.91 | 126.08 | 73.97 | 88.58 | 96.55 | 111.55 | 129.97 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Total Debt | 1,516 | 1,458 | 1,307 | 2,537 | 445 | 633 | 3,127 | 2,807 | 2,619 | 2,637 |
| Net Working Capital | 2,964 | 3,338 | 3,629 | 3,982 | 4,713 | 5,457 | 6,504 | 6,954 | 8,204 | 9,512 |
| Contingent Liabilities | 96 | 91 | 123 | 199 | 171 | 147 | 431 | 472 | 563 | 549 |
| Book Value per Share | 78.73 | 88.11 | 99.83 | 109.91 | 126.08 | 73.97 | 88.58 | 96.55 | 111.55 | 129.97 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
Mar 2017
- Equity Capital
- 80
- 3,068
- 1,516
- Trade Payables
- 4,433
- 1,207
- Total Liabilities
- 10,304
- 476
- Capital Work in Progress
- 0
- 5
- 3,375
- 0
- Cash & Bank
- 721
- 5,727
- Total Assets
- 10,304
- Total Debt
- 1,516
- Net Working Capital
- 2,964
- Contingent Liabilities
- 96
- Book Value per Share
- 78.73
- Face Value
- 2.00
- Total Debt
- 1,516
- Net Working Capital
- 2,964
- Contingent Liabilities
- 96
- Book Value per Share
- 78.73
- Face Value
- 2.00
Mar 2018
- Equity Capital
- 80
- 3,446
- 1,454
- Trade Payables
- 4,765
- 1,247
- Total Liabilities
- 10,992
- 470
- Capital Work in Progress
- 3
- 4
- 3,107
- 0
- Cash & Bank
- 541
- 6,867
- Total Assets
- 10,992
- Total Debt
- 1,458
- Net Working Capital
- 3,338
- Contingent Liabilities
- 91
- Book Value per Share
- 88.11
- Face Value
- 2.00
- Total Debt
- 1,458
- Net Working Capital
- 3,338
- Contingent Liabilities
- 91
- Book Value per Share
- 88.11
- Face Value
- 2.00
Mar 2019
- Equity Capital
- 78
- 3,807
- 1,283
- Trade Payables
- 5,905
- 1,462
- Total Liabilities
- 12,534
- 454
- Capital Work in Progress
- 8
- 7
- 3,859
- 0
- Cash & Bank
- 877
- 7,329
- Total Assets
- 12,534
- Total Debt
- 1,307
- Net Working Capital
- 3,629
- Contingent Liabilities
- 123
- Book Value per Share
- 99.83
- Face Value
- 2.00
- Total Debt
- 1,307
- Net Working Capital
- 3,629
- Contingent Liabilities
- 123
- Book Value per Share
- 99.83
- Face Value
- 2.00
Mar 2020
- Equity Capital
- 78
- 4,199
- 2,537
- Trade Payables
- 6,275
- 1,622
- Total Liabilities
- 14,711
- 714
- Capital Work in Progress
- 0
- 0
- 3,673
- 0
- Cash & Bank
- 2,377
- 7,947
- Total Assets
- 14,711
- Total Debt
- 2,537
- Net Working Capital
- 3,982
- Contingent Liabilities
- 199
- Book Value per Share
- 109.91
- Face Value
- 2.00
- Total Debt
- 2,537
- Net Working Capital
- 3,982
- Contingent Liabilities
- 199
- Book Value per Share
- 109.91
- Face Value
- 2.00
Mar 2021
- Equity Capital
- 78
- 4,829
- 434
- Trade Payables
- 7,300
- 2,214
- Total Liabilities
- 14,855
- 605
- Capital Work in Progress
- 0
- 0
- 2,902
- 0
- Cash & Bank
- 3,493
- 7,855
- Total Assets
- 14,855
- Total Debt
- 445
- Net Working Capital
- 4,713
- Contingent Liabilities
- 171
- Book Value per Share
- 126.08
- Face Value
- 2.00
- Total Debt
- 445
- Net Working Capital
- 4,713
- Contingent Liabilities
- 171
- Book Value per Share
- 126.08
- Face Value
- 2.00
Mar 2022
- Equity Capital
- 156
- 5,624
- 535
- Trade Payables
- 10,154
- 2,200
- Total Liabilities
- 18,669
- 700
- Capital Work in Progress
- 85
- 0
- 4,383
- 0
- Cash & Bank
- 3,659
- 9,842
- Total Assets
- 18,669
- Total Debt
- 633
- Net Working Capital
- 5,457
- Contingent Liabilities
- 147
- Book Value per Share
- 73.97
- Face Value
- 2.00
- Total Debt
- 633
- Net Working Capital
- 5,457
- Contingent Liabilities
- 147
- Book Value per Share
- 73.97
- Face Value
- 2.00
Mar 2023
- Equity Capital
- 156
- 6,767
- 3,077
- Trade Payables
- 10,971
- 2,670
- Total Liabilities
- 23,641
- 866
- Capital Work in Progress
- 8
- 34
- 7,085
- 0
- Cash & Bank
- 1,951
- 13,697
- Total Assets
- 23,641
- Total Debt
- 3,127
- Net Working Capital
- 6,504
- Contingent Liabilities
- 431
- Book Value per Share
- 88.58
- Face Value
- 2.00
- Total Debt
- 3,127
- Net Working Capital
- 6,504
- Contingent Liabilities
- 431
- Book Value per Share
- 88.58
- Face Value
- 2.00
Mar 2024
- Equity Capital
- 156
- 7,392
- 2,761
- Trade Payables
- 11,869
- 2,127
- Total Liabilities
- 24,305
- 848
- Capital Work in Progress
- 1
- 0
- 6,653
- 13,934
- Cash & Bank
- 1,621
- 1,248
- Total Assets
- 24,305
- Total Debt
- 2,807
- Net Working Capital
- 6,954
- Contingent Liabilities
- 472
- Book Value per Share
- 96.55
- Face Value
- 2.00
- Total Debt
- 2,807
- Net Working Capital
- 6,954
- Contingent Liabilities
- 472
- Book Value per Share
- 96.55
- Face Value
- 2.00
Mar 2025
- Equity Capital
- 156
- 8,564
- 2,603
- Trade Payables
- 13,392
- 2,791
- Total Liabilities
- 27,506
- 833
- Capital Work in Progress
- 11
- 0
- 6,287
- 17,330
- Cash & Bank
- 1,381
- 1,663
- Total Assets
- 27,506
- Total Debt
- 2,619
- Net Working Capital
- 8,204
- Contingent Liabilities
- 563
- Book Value per Share
- 111.55
- Face Value
- 2.00
- Total Debt
- 2,619
- Net Working Capital
- 8,204
- Contingent Liabilities
- 563
- Book Value per Share
- 111.55
- Face Value
- 2.00
Mar 2026
- Equity Capital
- 156
- 10,004
- 2,637
- Trade Payables
- 18,039
- 2,797
- Total Liabilities
- 33,634
- 627
- Capital Work in Progress
- 67
- 0
- 8,171
- 21,569
- Cash & Bank
- 1,122
- 2,078
- Total Assets
- 33,634
- Total Debt
- 2,637
- Net Working Capital
- 9,512
- Contingent Liabilities
- 549
- Book Value per Share
- 129.97
- Face Value
- 2.00
- Total Debt
- 2,637
- Net Working Capital
- 9,512
- Contingent Liabilities
- 549
- Book Value per Share
- 129.97
- Face Value
- 2.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1,360 | 186 | 1,068 | 966 | 3,497 | 989 | -3,234 | 1,079 | 293 | 231 | |
| Cash from Investing | -75 | -19 | -94 | -58 | -497 | -57 | 176 | 145 | 560 | -10 |
| Cash from Financing | -1,131 | -199 | -651 | 443 | -2,241 | -476 | 1,529 | -1,381 | -1,171 | -999 |
| 154 | -32 | 323 | 1,351 | 759 | 457 | -1,529 | -156 | -319 | -779 | |
| Free Cash Flow | 1,360 | 135 | 974 | 625 | 3,497 | 687 | -3,306 | 954 | 293 | 100 |
| OCF / Net Profit | 2.85 | 0.38 | 2.21 | 1.81 | 4.43 | 0.75 | -2.25 | 0.87 | 0.16 | 0.18 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 6,591 | 5,917 | 2,477 | 2,458 | 2,125 | -1,272 |
| OCF / Net Profit | 2.85 | 0.38 | 2.21 | 1.81 | 4.43 | 0.75 | -2.25 | 0.87 | 0.16 | 0.18 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 6,591 | 5,917 | 2,477 | 2,458 | 2,125 | -1,272 |
Mar 2017
- 1,360
- Cash from Investing
- -75
- Cash from Financing
- -1,131
- 154
- Free Cash Flow
- 1,360
- OCF / Net Profit
- 2.85
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.85
- Cumulative 5-Year FCF
- 0
Mar 2018
- 186
- Cash from Investing
- -19
- Cash from Financing
- -199
- -32
- Free Cash Flow
- 135
- OCF / Net Profit
- 0.38
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.38
- Cumulative 5-Year FCF
- 0
Mar 2019
- 1,068
- Cash from Investing
- -94
- Cash from Financing
- -651
- 323
- Free Cash Flow
- 974
- OCF / Net Profit
- 2.21
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.21
- Cumulative 5-Year FCF
- 0
Mar 2020
- 966
- Cash from Investing
- -58
- Cash from Financing
- 443
- 1,351
- Free Cash Flow
- 625
- OCF / Net Profit
- 1.81
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.81
- Cumulative 5-Year FCF
- 0
Mar 2021
- 3,497
- Cash from Investing
- -497
- Cash from Financing
- -2,241
- 759
- Free Cash Flow
- 3,497
- OCF / Net Profit
- 4.43
- Cumulative 5-Year FCF
- 6,591
- OCF / Net Profit
- 4.43
- Cumulative 5-Year FCF
- 6,591
Mar 2022
- 989
- Cash from Investing
- -57
- Cash from Financing
- -476
- 457
- Free Cash Flow
- 687
- OCF / Net Profit
- 0.75
- Cumulative 5-Year FCF
- 5,917
- OCF / Net Profit
- 0.75
- Cumulative 5-Year FCF
- 5,917
Mar 2023
- -3,234
- Cash from Investing
- 176
- Cash from Financing
- 1,529
- -1,529
- Free Cash Flow
- -3,306
- OCF / Net Profit
- -2.25
- Cumulative 5-Year FCF
- 2,477
- OCF / Net Profit
- -2.25
- Cumulative 5-Year FCF
- 2,477
Mar 2024
- 1,079
- Cash from Investing
- 145
- Cash from Financing
- -1,381
- -156
- Free Cash Flow
- 954
- OCF / Net Profit
- 0.87
- Cumulative 5-Year FCF
- 2,458
- OCF / Net Profit
- 0.87
- Cumulative 5-Year FCF
- 2,458
Mar 2025
- 293
- Cash from Investing
- 560
- Cash from Financing
- -1,171
- -319
- Free Cash Flow
- 293
- OCF / Net Profit
- 0.16
- Cumulative 5-Year FCF
- 2,125
- OCF / Net Profit
- 0.16
- Cumulative 5-Year FCF
- 2,125
Mar 2026
- 231
- Cash from Investing
- -10
- Cash from Financing
- -999
- -779
- Free Cash Flow
- 100
- OCF / Net Profit
- 0.18
- Cumulative 5-Year FCF
- -1,272
- OCF / Net Profit
- 0.18
- Cumulative 5-Year FCF
- -1,272
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 11.61 | 12.04 | 13.05 | 13.24 | 19.48 | 16.38 | 17.82 | 15.59 | 20.53 | 19.06 |
| Book Value (₹) | 78.73 | 88.11 | 99.83 | 109.91 | 126.08 | 73.97 | 88.58 | 96.55 | 111.55 | 129.97 |
| Dividend per Share (₹) | 4.30 | 2.40 | 3.30 | 4.30 | 11.60 | 6.60 | 7.20 | 6.20 | 6.80 | 6.00 |
| Cash EPS (₹) | 6.65 | 6.76 | 7.04 | 8.86 | 12.03 | 18.63 | 20.41 | 18.16 | 26.07 | 19.07 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 2.19% | 2.13% | 2.21% | 2.22% | 2.65% | 3.09% | 3.14% | 2.60% | 2.37% | 2.07% |
| Net Margin % | 1.16% | 1.16% | 1.04% | 1.04% | 1.38% | 2.10% | 1.81% | 1.39% | 1.83% | 1.08% |
| ROE % | 15.64% | 14.52% | 13.08% | 13.08% | 17.17% | 24.61% | 22.66% | 17.12% | 22.38% | 13.60% |
| ROCE % | 16.99% | 17.16% | 17.54% | 16.27% | 22.13% | 30.39% | 28.36% | 23.63% | 27.57% | 18.96% |
| 4.55% | 4.55% | 4.12% | 3.92% | 5.33% | 7.84% | 6.80% | 5.17% | 7.03% | 4.20% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 46 | 49 | 48 | 47 | 44 | 45 | 48 | 53 | 57 | 60 |
| Inventory Days | 32 | 28 | 27 | 27 | 21 | 21 | 26 | 28 | 24 | 22 |
| Payable Days | 41 | 43 | 44 | 46 | 46 | 54 | 52 | 49 | 49 | 51 |
| 37 | 34 | 31 | 28 | 19 | 12 | 22 | 32 | 32 | 31 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.48x | 0.41x | 0.34x | 0.59x | 0.09x | 0.11x | 0.45x | 0.37x | 0.30x | 0.26x |
| Interest Coverage (x) | 4.41x | 4.19x | 3.30x | 3.40x | 6.01x | 10.48x | 4.65x | 2.88x | 4.56x | 3.87x |
| 1.45x | 1.48x | 1.45x | 1.41x | 1.51x | 1.45x | 1.41x | 1.43x | 1.46x | 1.41x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 16.00% | 1.19% | 11.86% | 10.59% | 10.65% | 10.01% | 26.71% | 12.56% | 11.18% | 19.96% |
| Operating Profit Growth % | 5.47% | -1.79% | 16.31% | 10.87% | 32.14% | 28.31% | 29.31% | 4.09% | -0.39% | 2.49% |
| Net Profit Growth % | 7.35% | 1.61% | 0.01% | 10.21% | 47.68% | 66.76% | 9.47% | -13.95% | 46.99% | -29.47% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -12.51% | 31.69% | -7.14% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 13.36x | 11.84x | 10.46x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 2.16x | 2.18x | 1.53x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.98% | 2.80% | 3.01% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 6.73x | 7.84x | 6.46x |
Mar 2017
- EPS (₹)
- 11.61
- Book Value (₹)
- 78.73
- Dividend per Share (₹)
- 4.30
- Cash EPS (₹)
- 6.65
- Operating Margin %
- 2.19%
- Net Margin %
- 1.16%
- ROE %
- 15.64%
- ROCE %
- 16.99%
- 4.55%
- Debtor Days
- 46
- Inventory Days
- 32
- Payable Days
- 41
- 37
- Debt to Equity (x)
- 0.48x
- Interest Coverage (x)
- 4.41x
- 1.45x
- Revenue Growth %
- 16.00%
- Operating Profit Growth %
- 5.47%
- Net Profit Growth %
- 7.35%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 12.04
- Book Value (₹)
- 88.11
- Dividend per Share (₹)
- 2.40
- Cash EPS (₹)
- 6.76
- Operating Margin %
- 2.13%
- Net Margin %
- 1.16%
- ROE %
- 14.52%
- ROCE %
- 17.16%
- 4.55%
- Debtor Days
- 49
- Inventory Days
- 28
- Payable Days
- 43
- 34
- Debt to Equity (x)
- 0.41x
- Interest Coverage (x)
- 4.19x
- 1.48x
- Revenue Growth %
- 1.19%
- Operating Profit Growth %
- -1.79%
- Net Profit Growth %
- 1.61%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 13.05
- Book Value (₹)
- 99.83
- Dividend per Share (₹)
- 3.30
- Cash EPS (₹)
- 7.04
- Operating Margin %
- 2.21%
- Net Margin %
- 1.04%
- ROE %
- 13.08%
- ROCE %
- 17.54%
- 4.12%
- Debtor Days
- 48
- Inventory Days
- 27
- Payable Days
- 44
- 31
- Debt to Equity (x)
- 0.34x
- Interest Coverage (x)
- 3.30x
- 1.45x
- Revenue Growth %
- 11.86%
- Operating Profit Growth %
- 16.31%
- Net Profit Growth %
- 0.01%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 13.24
- Book Value (₹)
- 109.91
- Dividend per Share (₹)
- 4.30
- Cash EPS (₹)
- 8.86
- Operating Margin %
- 2.22%
- Net Margin %
- 1.04%
- ROE %
- 13.08%
- ROCE %
- 16.27%
- 3.92%
- Debtor Days
- 47
- Inventory Days
- 27
- Payable Days
- 46
- 28
- Debt to Equity (x)
- 0.59x
- Interest Coverage (x)
- 3.40x
- 1.41x
- Revenue Growth %
- 10.59%
- Operating Profit Growth %
- 10.87%
- Net Profit Growth %
- 10.21%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 19.48
- Book Value (₹)
- 126.08
- Dividend per Share (₹)
- 11.60
- Cash EPS (₹)
- 12.03
- Operating Margin %
- 2.65%
- Net Margin %
- 1.38%
- ROE %
- 17.17%
- ROCE %
- 22.13%
- 5.33%
- Debtor Days
- 44
- Inventory Days
- 21
- Payable Days
- 46
- 19
- Debt to Equity (x)
- 0.09x
- Interest Coverage (x)
- 6.01x
- 1.51x
- Revenue Growth %
- 10.65%
- Operating Profit Growth %
- 32.14%
- Net Profit Growth %
- 47.68%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 16.38
- Book Value (₹)
- 73.97
- Dividend per Share (₹)
- 6.60
- Cash EPS (₹)
- 18.63
- Operating Margin %
- 3.09%
- Net Margin %
- 2.10%
- ROE %
- 24.61%
- ROCE %
- 30.39%
- 7.84%
- Debtor Days
- 45
- Inventory Days
- 21
- Payable Days
- 54
- 12
- Debt to Equity (x)
- 0.11x
- Interest Coverage (x)
- 10.48x
- 1.45x
- Revenue Growth %
- 10.01%
- Operating Profit Growth %
- 28.31%
- Net Profit Growth %
- 66.76%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 17.82
- Book Value (₹)
- 88.58
- Dividend per Share (₹)
- 7.20
- Cash EPS (₹)
- 20.41
- Operating Margin %
- 3.14%
- Net Margin %
- 1.81%
- ROE %
- 22.66%
- ROCE %
- 28.36%
- 6.80%
- Debtor Days
- 48
- Inventory Days
- 26
- Payable Days
- 52
- 22
- Debt to Equity (x)
- 0.45x
- Interest Coverage (x)
- 4.65x
- 1.41x
- Revenue Growth %
- 26.71%
- Operating Profit Growth %
- 29.31%
- Net Profit Growth %
- 9.47%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 15.59
- Book Value (₹)
- 96.55
- Dividend per Share (₹)
- 6.20
- Cash EPS (₹)
- 18.16
- Operating Margin %
- 2.60%
- Net Margin %
- 1.39%
- ROE %
- 17.12%
- ROCE %
- 23.63%
- 5.17%
- Debtor Days
- 53
- Inventory Days
- 28
- Payable Days
- 49
- 32
- Debt to Equity (x)
- 0.37x
- Interest Coverage (x)
- 2.88x
- 1.43x
- Revenue Growth %
- 12.56%
- Operating Profit Growth %
- 4.09%
- Net Profit Growth %
- -13.95%
- -12.51%
- P/E (x)
- 13.36x
- P/B (x)
- 2.16x
- Dividend Yield %
- 2.98%
- 6.73x
Mar 2025
- EPS (₹)
- 20.53
- Book Value (₹)
- 111.55
- Dividend per Share (₹)
- 6.80
- Cash EPS (₹)
- 26.07
- Operating Margin %
- 2.37%
- Net Margin %
- 1.83%
- ROE %
- 22.38%
- ROCE %
- 27.57%
- 7.03%
- Debtor Days
- 57
- Inventory Days
- 24
- Payable Days
- 49
- 32
- Debt to Equity (x)
- 0.30x
- Interest Coverage (x)
- 4.56x
- 1.46x
- Revenue Growth %
- 11.18%
- Operating Profit Growth %
- -0.39%
- Net Profit Growth %
- 46.99%
- 31.69%
- P/E (x)
- 11.84x
- P/B (x)
- 2.18x
- Dividend Yield %
- 2.80%
- 7.84x
Mar 2026
- EPS (₹)
- 19.06
- Book Value (₹)
- 129.97
- Dividend per Share (₹)
- 6.00
- Cash EPS (₹)
- 19.07
- Operating Margin %
- 2.07%
- Net Margin %
- 1.08%
- ROE %
- 13.60%
- ROCE %
- 18.96%
- 4.20%
- Debtor Days
- 60
- Inventory Days
- 22
- Payable Days
- 51
- 31
- Debt to Equity (x)
- 0.26x
- Interest Coverage (x)
- 3.87x
- 1.41x
- Revenue Growth %
- 19.96%
- Operating Profit Growth %
- 2.49%
- Net Profit Growth %
- -29.47%
- -7.14%
- P/E (x)
- 10.46x
- P/B (x)
- 1.53x
- Dividend Yield %
- 3.01%
- 6.46x
Documents
Announcements
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-14 - Redington Limited has informed the Exchange about Schedule of meet
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-12 - Redington Limited has informed the Exchange about Schedule of meet
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Aug 2026
Jul 2026
Jun 2026