Redington Ltd.
•₹ 350.550.7%
2026-08-21
PROS
- Company has delivered good profit growth of 36.4% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 30.8%
- Company has a healthy return on capital (ROCE) of 30.2%
- Latest quarter profit grew 60.3% YoY, showing strong momentum
- Company has delivered good sales growth of 22.9% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 37.7%
CONS
- A large part of profit comes from other income (26.9% of PBT)
- Recent results are weak - TTM profit is down 10.7% versus prior year
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.19x)
- Growth is decelerating - 3Y profit CAGR (5.1%) trails the 5Y trend (36.4%)
- Expensive relative to growth - PEG of 2.5
* 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 | 2991.05 | 54.39 | 404905.20 | 0.04 | -1461.54 | -249.67 | 32923.98 | 49.92 | 13.30 | 15.57 |
| 2. | PREMIERENE | 1037.30 | 28.28 | 47088.39 | 0.10 | 471.92 | 53.32 | 2462.59 | 35.25 | 41.97 | 29.03 |
| 3. | AEGISLOG | 1332.75 | 37.39 | 46779.53 | 0.65 | 544.84 | 210.70 | 2356.86 | 37.07 | 19.76 | 30.28 |
| 4. | CPPLUS | 3472.80 | 86.08 | 41083.38 | 0.05 | 142.20 | 332.51 | 1402.42 | 89.51 | 29.48 | 14.52 |
| 5. | REDINGTON | 348.00 | 15.99 | 27205.75 | 1.72 | 453.49 | 94.65 | 34922.47 | 34.57 | 18.96 | 2.03 |
| 6. | HONASA | 484.20 | 63.43 | 15786.09 | 0.62 | 90.45 | 118.87 | 755.95 | 27.00 | 8.99 | 14.58 |
| 7. | LLOYDSENT | 78.44 | 106.64 | 11974.27 | 0.19 | 109.98 | -55.77 | 563.03 | 70.15 | 12.84 | 18.07 |
| 8. | SGMART | 805.35 | 81.64 | 10150.24 | 0.00 | 455.80 | 1310.71 | 13085.70 | 1044.08 | 11.45 | 4.49 |
| 9. | MMTC | 66.30 | 22.23 | 9945.00 | 0.00 | 104.24 | 135.52 | 0.68 | -50.00 | 6.90 | -1423.53 |
| 10. | CELLO | 362.85 | 25.62 | 8014.81 | 0.41 | 73.40 | -8.99 | 526.72 | -0.43 | 17.15 | 18.80 |
| 11. | EBGNG | 624.60 | 50.00 | 7121.16 | 0.00 | 28.93 | 56.21 | 412.46 | 32.08 | 20.14 | 11.97 |
| 12. | JSLL | 506.70 | 26.63 | 6298.32 | 0.89 | 65.89 | 28.51 | 224.41 | 28.75 | 51.64 | 41.03 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 9,705 | 9,928 | 11,104 | 10,490 | 10,302 | 12,385 | 13,095 | 13,121 | 12,757 | 15,185 | 16,271 | 19,587 | 20,753 | |
| 9,465 | 9,666 | 10,854 | 10,237 | 10,050 | 12,108 | 12,796 | 12,816 | 12,465 | 14,854 | 15,951 | 19,188 | 20,345 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 54 | 423 | 16 | 21 | 8 | 445 | 272 | 16 | 20 | 319 | 17 | 26 | 25 |
| Interest | 40 | 44 | 47 | 48 | 40 | 32 | 31 | 29 | 33 | 32 | 23 | 27 | 38 |
| Depreciation | 8 | 9 | 10 | 10 | 10 | 9 | 9 | 15 | 10 | 10 | 10 | 11 | 10 |
| 245 | 632 | 209 | 217 | 210 | 682 | 531 | 276 | 269 | 608 | 305 | 389 | 434 | |
| Tax % | 20.89% | 9.32% | 26.65% | 25.91% | 25.76% | 9.34% | 13.21% | 24.13% | 25.67% | 12.59% | 26.69% | 25.76% | 26.01% |
| Net Profit | 194 | 573 | 154 | 161 | 156 | 618 | 461 | 209 | 200 | 532 | 223 | 289 | 321 |
| 2 | 7 | 2 | 2 | 2 | 8 | 6 | 3 | 3 | 7 | 3 | 4 | 0 | |
| 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
- 9,705
- 9,465
- Operating Profit
- —
- OPM %
- —
- Other Income
- 54
- Interest
- 40
- Depreciation
- 8
- 245
- Tax %
- 20.89%
- Net Profit
- 194
- 2
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 9,928
- 9,666
- Operating Profit
- —
- OPM %
- —
- Other Income
- 423
- Interest
- 44
- Depreciation
- 9
- 632
- Tax %
- 9.32%
- Net Profit
- 573
- 7
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 11,104
- 10,854
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 47
- Depreciation
- 10
- 209
- Tax %
- 26.65%
- Net Profit
- 154
- 2
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 10,490
- 10,237
- Operating Profit
- —
- OPM %
- —
- Other Income
- 21
- Interest
- 48
- Depreciation
- 10
- 217
- Tax %
- 25.91%
- Net Profit
- 161
- 2
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 10,302
- 10,050
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 40
- Depreciation
- 10
- 210
- Tax %
- 25.76%
- Net Profit
- 156
- 2
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 12,385
- 12,108
- Operating Profit
- —
- OPM %
- —
- Other Income
- 445
- Interest
- 32
- Depreciation
- 9
- 682
- Tax %
- 9.34%
- Net Profit
- 618
- 8
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 13,095
- 12,796
- Operating Profit
- —
- OPM %
- —
- Other Income
- 272
- Interest
- 31
- Depreciation
- 9
- 531
- Tax %
- 13.21%
- Net Profit
- 461
- 6
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 13,121
- 12,816
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 29
- Depreciation
- 15
- 276
- Tax %
- 24.13%
- Net Profit
- 209
- 3
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 12,757
- 12,465
- Operating Profit
- —
- OPM %
- —
- Other Income
- 20
- Interest
- 33
- Depreciation
- 10
- 269
- Tax %
- 25.67%
- Net Profit
- 200
- 3
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 15,185
- 14,854
- Operating Profit
- —
- OPM %
- —
- Other Income
- 319
- Interest
- 32
- Depreciation
- 10
- 608
- Tax %
- 12.59%
- Net Profit
- 532
- 7
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 16,271
- 15,951
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 23
- Depreciation
- 10
- 305
- Tax %
- 26.69%
- Net Profit
- 223
- 3
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 19,587
- 19,188
- Operating Profit
- —
- OPM %
- —
- Other Income
- 26
- Interest
- 27
- Depreciation
- 11
- 389
- Tax %
- 25.76%
- Net Profit
- 289
- 4
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 20,753
- 20,345
- Operating Profit
- —
- OPM %
- —
- Other Income
- 25
- Interest
- 38
- Depreciation
- 10
- 434
- Tax %
- 26.01%
- Net Profit
- 321
- 0
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 156
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 15,759 | 14,844 | 16,851 | 18,633 | 22,721 | 27,019 | 35,341 | 41,228 | 48,902 | 63,801 | 71,797 | |
| 15,386 | 14,492 | 16,540 | 18,265 | 22,258 | 26,377 | 34,483 | 40,208 | 47,744 | 62,475 | 70,337 | |
| Operating Profit | 419 | 398 | 389 | 771 | 562 | 1,154 | 1,401 | 1,549 | 1,916 | 1,748 | — |
| OPM % | 3 | 3 | 2 | 4 | 2 | 4 | 4 | 4 | 4 | 3 | — |
| Other Income | 46 | 46 | 78 | 403 | 99 | 512 | 542 | 529 | 758 | 422 | 388 |
| Interest | 94 | 113 | 151 | 119 | 66 | 19 | 98 | 209 | 175 | 137 | 120 |
| Depreciation | 12 | 14 | 12 | 26 | 28 | 30 | 26 | 36 | 43 | 40 | 41 |
| 313 | 271 | 226 | 626 | 468 | 1,104 | 1,276 | 1,303 | 1,698 | 1,571 | 1,736 | |
| Tax % | 33 | 32 | 33 | 22 | 44 | 15 | 16 | 17 | 15 | 21 | 21 |
| Net Profit | 208 | 184 | 152 | 490 | 263 | 935 | 1,072 | 1,081 | 1,444 | 1,244 | 1,365 |
| EPS | 5 | 5 | 4 | 13 | 3 | 12 | 14 | 14 | 18 | 16 | — |
| Dividend Payout % | 83 | 52 | 84 | 34 | 171 | 55 | 52 | 45 | 37 | 38 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 3 | 2 | 2 | 6 | 3 | 12 | 14 | 14 | 18 | 16 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 3 | 2 | 2 | 6 | 3 | 12 | 14 | 14 | 18 | 16 | — |
Mar 2017
- 15,759
- 15,386
- Operating Profit
- 419
- OPM %
- 3
- Other Income
- 46
- Interest
- 94
- Depreciation
- 12
- 313
- Tax %
- 33
- Net Profit
- 208
- EPS
- 5
- Dividend Payout %
- 83
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2018
- 14,844
- 14,492
- Operating Profit
- 398
- OPM %
- 3
- Other Income
- 46
- Interest
- 113
- Depreciation
- 14
- 271
- Tax %
- 32
- Net Profit
- 184
- EPS
- 5
- Dividend Payout %
- 52
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2019
- 16,851
- 16,540
- Operating Profit
- 389
- OPM %
- 2
- Other Income
- 78
- Interest
- 151
- Depreciation
- 12
- 226
- Tax %
- 33
- Net Profit
- 152
- EPS
- 4
- Dividend Payout %
- 84
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2020
- 18,633
- 18,265
- Operating Profit
- 771
- OPM %
- 4
- Other Income
- 403
- Interest
- 119
- Depreciation
- 26
- 626
- Tax %
- 22
- Net Profit
- 490
- EPS
- 13
- Dividend Payout %
- 34
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2021
- 22,721
- 22,258
- Operating Profit
- 562
- OPM %
- 2
- Other Income
- 99
- Interest
- 66
- Depreciation
- 28
- 468
- Tax %
- 44
- Net Profit
- 263
- EPS
- 3
- Dividend Payout %
- 171
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2022
- 27,019
- 26,377
- Operating Profit
- 1,154
- OPM %
- 4
- Other Income
- 512
- Interest
- 19
- Depreciation
- 30
- 1,104
- Tax %
- 15
- Net Profit
- 935
- EPS
- 12
- Dividend Payout %
- 55
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
Mar 2023
- 35,341
- 34,483
- Operating Profit
- 1,401
- OPM %
- 4
- Other Income
- 542
- Interest
- 98
- Depreciation
- 26
- 1,276
- Tax %
- 16
- Net Profit
- 1,072
- EPS
- 14
- Dividend Payout %
- 52
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
Mar 2024
- 41,228
- 40,208
- Operating Profit
- 1,549
- OPM %
- 4
- Other Income
- 529
- Interest
- 209
- Depreciation
- 36
- 1,303
- Tax %
- 17
- Net Profit
- 1,081
- EPS
- 14
- Dividend Payout %
- 45
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
Mar 2025
- 48,902
- 47,744
- Operating Profit
- 1,916
- OPM %
- 4
- Other Income
- 758
- Interest
- 175
- Depreciation
- 43
- 1,698
- Tax %
- 15
- Net Profit
- 1,444
- EPS
- 18
- Dividend Payout %
- 37
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 18
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 18
Mar 2026
- 63,801
- 62,475
- Operating Profit
- 1,748
- OPM %
- 3
- Other Income
- 422
- Interest
- 137
- Depreciation
- 40
- 1,571
- Tax %
- 21
- Net Profit
- 1,244
- EPS
- 16
- Dividend Payout %
- 38
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 16
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 16
TTM
- 71,797
- 70,337
- Operating Profit
- —
- OPM %
- —
- Other Income
- 388
- Interest
- 120
- Depreciation
- 41
- 1,736
- Tax %
- 21
- Net Profit
- 1,365
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 18%
- 5 Years:
- 23%
- 3 Years:
- 22%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 21%
- 5 Years:
- 36%
- 3 Years:
- 5%
STOCK PRICE CAGR
- 10 Years:
- 21%
- 5 Years:
- 17%
- 3 Years:
- 32%
- 1 Year:
- 45%
RETURN ON EQUITY
- 10 Years:
- 25%
- 5 Years:
- 34%
- 3 Years:
- 31%
- Last Year:
- 25%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 |
| 1,530 | 1,605 | 1,505 | 1,703 | 1,959 | 2,388 | 2,947 | 3,468 | 4,430 | 5,147 | |
| 707 | 766 | 830 | 1,172 | 1 | 0 | 1,642 | 1,595 | 1,381 | 1,448 | |
| Trade Payables | 1,984 | 1,660 | 2,387 | 2,303 | 2,746 | 4,854 | 4,466 | 5,104 | 6,570 | 9,691 |
| 325 | 415 | 465 | 527 | 678 | 619 | 788 | 674 | 462 | 1,020 | |
| Total Liabilities | 4,626 | 4,525 | 5,264 | 5,783 | 5,462 | 8,018 | 9,999 | 10,997 | 13,000 | 17,462 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 97 | 92 | 85 | 88 | 71 | 60 | 172 | 178 | 181 | 188 | |
| Capital Work in Progress | 0 | 3 | 3 | 0 | 0 | 85 | 8 | 1 | 8 | 3 |
| 603 | 605 | 638 | 645 | 640 | 668 | 750 | 750 | 750 | 750 | |
| 1,566 | 1,089 | 1,533 | 1,118 | 1,061 | 1,851 | 2,522 | 2,498 | 2,885 | 4,191 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,657 | 8,352 | 10,987 | |
| Cash & Bank | 77 | 120 | 121 | 618 | 304 | 876 | 190 | 139 | 89 | 147 |
| 2,283 | 2,616 | 2,883 | 3,314 | 3,386 | 4,478 | 6,356 | 773 | 733 | 1,196 | |
| Total Assets | 4,626 | 4,525 | 5,264 | 5,783 | 5,462 | 8,018 | 9,999 | 10,997 | 13,000 | 17,462 |
| Total Debt | 707 | 766 | 831 | 1,172 | 1 | 0 | 1,642 | 1,595 | 1,381 | 1,448 |
| Net Working Capital | 805 | 877 | 656 | 837 | 1,154 | 1,545 | 2,009 | 2,509 | 3,375 | 4,161 |
| Contingent Liabilities | 82 | 81 | 94 | 113 | 115 | 129 | 131 | 178 | 186 | 160 |
| Book Value per Share | 40.26 | 42.10 | 40.67 | 45.76 | 52.33 | 32.56 | 39.70 | 46.36 | 58.67 | 67.83 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Total Debt | 707 | 766 | 831 | 1,172 | 1 | 0 | 1,642 | 1,595 | 1,381 | 1,448 |
| Net Working Capital | 805 | 877 | 656 | 837 | 1,154 | 1,545 | 2,009 | 2,509 | 3,375 | 4,161 |
| Contingent Liabilities | 82 | 81 | 94 | 113 | 115 | 129 | 131 | 178 | 186 | 160 |
| Book Value per Share | 40.26 | 42.10 | 40.67 | 45.76 | 52.33 | 32.56 | 39.70 | 46.36 | 58.67 | 67.83 |
| 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
- 1,530
- 707
- Trade Payables
- 1,984
- 325
- Total Liabilities
- 4,626
- 97
- Capital Work in Progress
- 0
- 603
- 1,566
- 0
- Cash & Bank
- 77
- 2,283
- Total Assets
- 4,626
- Total Debt
- 707
- Net Working Capital
- 805
- Contingent Liabilities
- 82
- Book Value per Share
- 40.26
- Face Value
- 2.00
- Total Debt
- 707
- Net Working Capital
- 805
- Contingent Liabilities
- 82
- Book Value per Share
- 40.26
- Face Value
- 2.00
Mar 2018
- Equity Capital
- 80
- 1,605
- 766
- Trade Payables
- 1,660
- 415
- Total Liabilities
- 4,525
- 92
- Capital Work in Progress
- 3
- 605
- 1,089
- 0
- Cash & Bank
- 120
- 2,616
- Total Assets
- 4,525
- Total Debt
- 766
- Net Working Capital
- 877
- Contingent Liabilities
- 81
- Book Value per Share
- 42.10
- Face Value
- 2.00
- Total Debt
- 766
- Net Working Capital
- 877
- Contingent Liabilities
- 81
- Book Value per Share
- 42.10
- Face Value
- 2.00
Mar 2019
- Equity Capital
- 78
- 1,505
- 830
- Trade Payables
- 2,387
- 465
- Total Liabilities
- 5,264
- 85
- Capital Work in Progress
- 3
- 638
- 1,533
- 0
- Cash & Bank
- 121
- 2,883
- Total Assets
- 5,264
- Total Debt
- 831
- Net Working Capital
- 656
- Contingent Liabilities
- 94
- Book Value per Share
- 40.67
- Face Value
- 2.00
- Total Debt
- 831
- Net Working Capital
- 656
- Contingent Liabilities
- 94
- Book Value per Share
- 40.67
- Face Value
- 2.00
Mar 2020
- Equity Capital
- 78
- 1,703
- 1,172
- Trade Payables
- 2,303
- 527
- Total Liabilities
- 5,783
- 88
- Capital Work in Progress
- 0
- 645
- 1,118
- 0
- Cash & Bank
- 618
- 3,314
- Total Assets
- 5,783
- Total Debt
- 1,172
- Net Working Capital
- 837
- Contingent Liabilities
- 113
- Book Value per Share
- 45.76
- Face Value
- 2.00
- Total Debt
- 1,172
- Net Working Capital
- 837
- Contingent Liabilities
- 113
- Book Value per Share
- 45.76
- Face Value
- 2.00
Mar 2021
- Equity Capital
- 78
- 1,959
- 1
- Trade Payables
- 2,746
- 678
- Total Liabilities
- 5,462
- 71
- Capital Work in Progress
- 0
- 640
- 1,061
- 0
- Cash & Bank
- 304
- 3,386
- Total Assets
- 5,462
- Total Debt
- 1
- Net Working Capital
- 1,154
- Contingent Liabilities
- 115
- Book Value per Share
- 52.33
- Face Value
- 2.00
- Total Debt
- 1
- Net Working Capital
- 1,154
- Contingent Liabilities
- 115
- Book Value per Share
- 52.33
- Face Value
- 2.00
Mar 2022
- Equity Capital
- 156
- 2,388
- 0
- Trade Payables
- 4,854
- 619
- Total Liabilities
- 8,018
- 60
- Capital Work in Progress
- 85
- 668
- 1,851
- 0
- Cash & Bank
- 876
- 4,478
- Total Assets
- 8,018
- Total Debt
- 0
- Net Working Capital
- 1,545
- Contingent Liabilities
- 129
- Book Value per Share
- 32.56
- Face Value
- 2.00
- Total Debt
- 0
- Net Working Capital
- 1,545
- Contingent Liabilities
- 129
- Book Value per Share
- 32.56
- Face Value
- 2.00
Mar 2023
- Equity Capital
- 156
- 2,947
- 1,642
- Trade Payables
- 4,466
- 788
- Total Liabilities
- 9,999
- 172
- Capital Work in Progress
- 8
- 750
- 2,522
- 0
- Cash & Bank
- 190
- 6,356
- Total Assets
- 9,999
- Total Debt
- 1,642
- Net Working Capital
- 2,009
- Contingent Liabilities
- 131
- Book Value per Share
- 39.70
- Face Value
- 2.00
- Total Debt
- 1,642
- Net Working Capital
- 2,009
- Contingent Liabilities
- 131
- Book Value per Share
- 39.70
- Face Value
- 2.00
Mar 2024
- Equity Capital
- 156
- 3,468
- 1,595
- Trade Payables
- 5,104
- 674
- Total Liabilities
- 10,997
- 178
- Capital Work in Progress
- 1
- 750
- 2,498
- 6,657
- Cash & Bank
- 139
- 773
- Total Assets
- 10,997
- Total Debt
- 1,595
- Net Working Capital
- 2,509
- Contingent Liabilities
- 178
- Book Value per Share
- 46.36
- Face Value
- 2.00
- Total Debt
- 1,595
- Net Working Capital
- 2,509
- Contingent Liabilities
- 178
- Book Value per Share
- 46.36
- Face Value
- 2.00
Mar 2025
- Equity Capital
- 156
- 4,430
- 1,381
- Trade Payables
- 6,570
- 462
- Total Liabilities
- 13,000
- 181
- Capital Work in Progress
- 8
- 750
- 2,885
- 8,352
- Cash & Bank
- 89
- 733
- Total Assets
- 13,000
- Total Debt
- 1,381
- Net Working Capital
- 3,375
- Contingent Liabilities
- 186
- Book Value per Share
- 58.67
- Face Value
- 2.00
- Total Debt
- 1,381
- Net Working Capital
- 3,375
- Contingent Liabilities
- 186
- Book Value per Share
- 58.67
- Face Value
- 2.00
Mar 2026
- Equity Capital
- 156
- 5,147
- 1,448
- Trade Payables
- 9,691
- 1,020
- Total Liabilities
- 17,462
- 188
- Capital Work in Progress
- 3
- 750
- 4,191
- 10,987
- Cash & Bank
- 147
- 1,196
- Total Assets
- 17,462
- Total Debt
- 1,448
- Net Working Capital
- 4,161
- Contingent Liabilities
- 160
- Book Value per Share
- 67.83
- Face Value
- 2.00
- Total Debt
- 1,448
- Net Working Capital
- 4,161
- Contingent Liabilities
- 160
- Book Value per Share
- 67.83
- Face Value
- 2.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 96 | 142 | 323 | 240 | 870 | 670 | -2,087 | 272 | 94 | 360 | |
| Cash from Investing | -20 | 61 | -28 | 349 | 33 | 367 | 351 | 471 | 684 | 288 |
| Cash from Financing | -88 | -90 | -296 | -88 | -1,217 | -468 | 1,048 | -791 | -835 | -586 |
| -12 | 113 | -1 | 501 | -314 | 570 | -688 | -48 | -56 | 62 | |
| Free Cash Flow | 92 | 132 | 320 | 235 | 865 | 577 | -2,114 | 252 | 94 | 326 |
| OCF / Net Profit | 0.46 | 0.77 | 2.12 | 0.49 | 3.30 | 0.72 | -1.95 | 0.25 | 0.07 | 0.29 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 1,645 | 2,130 | -116 | -184 | -325 | -864 |
| OCF / Net Profit | 0.46 | 0.77 | 2.12 | 0.49 | 3.30 | 0.72 | -1.95 | 0.25 | 0.07 | 0.29 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 1,645 | 2,130 | -116 | -184 | -325 | -864 |
Mar 2017
- 96
- Cash from Investing
- -20
- Cash from Financing
- -88
- -12
- Free Cash Flow
- 92
- OCF / Net Profit
- 0.46
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.46
- Cumulative 5-Year FCF
- 0
Mar 2018
- 142
- Cash from Investing
- 61
- Cash from Financing
- -90
- 113
- Free Cash Flow
- 132
- OCF / Net Profit
- 0.77
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.77
- Cumulative 5-Year FCF
- 0
Mar 2019
- 323
- Cash from Investing
- -28
- Cash from Financing
- -296
- -1
- Free Cash Flow
- 320
- OCF / Net Profit
- 2.12
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.12
- Cumulative 5-Year FCF
- 0
Mar 2020
- 240
- Cash from Investing
- 349
- Cash from Financing
- -88
- 501
- Free Cash Flow
- 235
- OCF / Net Profit
- 0.49
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.49
- Cumulative 5-Year FCF
- 0
Mar 2021
- 870
- Cash from Investing
- 33
- Cash from Financing
- -1,217
- -314
- Free Cash Flow
- 865
- OCF / Net Profit
- 3.30
- Cumulative 5-Year FCF
- 1,645
- OCF / Net Profit
- 3.30
- Cumulative 5-Year FCF
- 1,645
Mar 2022
- 670
- Cash from Investing
- 367
- Cash from Financing
- -468
- 570
- Free Cash Flow
- 577
- OCF / Net Profit
- 0.72
- Cumulative 5-Year FCF
- 2,130
- OCF / Net Profit
- 0.72
- Cumulative 5-Year FCF
- 2,130
Mar 2023
- -2,087
- Cash from Investing
- 351
- Cash from Financing
- 1,048
- -688
- Free Cash Flow
- -2,114
- OCF / Net Profit
- -1.95
- Cumulative 5-Year FCF
- -116
- OCF / Net Profit
- -1.95
- Cumulative 5-Year FCF
- -116
Mar 2024
- 272
- Cash from Investing
- 471
- Cash from Financing
- -791
- -48
- Free Cash Flow
- 252
- OCF / Net Profit
- 0.25
- Cumulative 5-Year FCF
- -184
- OCF / Net Profit
- 0.25
- Cumulative 5-Year FCF
- -184
Mar 2025
- 94
- Cash from Investing
- 684
- Cash from Financing
- -835
- -56
- Free Cash Flow
- 94
- OCF / Net Profit
- 0.07
- Cumulative 5-Year FCF
- -325
- OCF / Net Profit
- 0.07
- Cumulative 5-Year FCF
- -325
Mar 2026
- 360
- Cash from Investing
- 288
- Cash from Financing
- -586
- 62
- Free Cash Flow
- 326
- OCF / Net Profit
- 0.29
- Cumulative 5-Year FCF
- -864
- OCF / Net Profit
- 0.29
- Cumulative 5-Year FCF
- -864
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 5.21 | 4.60 | 3.91 | 12.58 | 6.77 | 11.97 | 13.71 | 13.83 | 18.47 | 15.91 |
| Book Value (₹) | 40.26 | 42.10 | 40.67 | 45.76 | 52.33 | 32.56 | 39.70 | 46.36 | 58.67 | 67.83 |
| 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 (₹) | 2.75 | 2.47 | 2.11 | 6.63 | 3.74 | 12.35 | 14.05 | 14.30 | 19.02 | 16.42 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 2.66% | 2.68% | 2.31% | 4.14% | 2.47% | 4.27% | 3.96% | 2.47% | 2.37% | 2.08% |
| Net Margin % | 1.32% | 1.24% | 0.90% | 2.63% | 1.16% | 3.46% | 3.03% | 2.62% | 2.95% | 1.95% |
| ROE % | 13.24% | 11.17% | 9.31% | 29.12% | 13.80% | 40.82% | 37.96% | 32.15% | 35.17% | 25.16% |
| ROCE % | 18.80% | 16.09% | 15.42% | 27.53% | 21.19% | 48.66% | 37.66% | 30.35% | 33.49% | 26.87% |
| 4.83% | 4.02% | 3.11% | 8.86% | 4.68% | 13.87% | 11.90% | 10.30% | 12.03% | 8.17% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 40 | 52 | 50 | 51 | 45 | 45 | 49 | 54 | 56 | 55 |
| Inventory Days | 35 | 33 | 28 | 26 | 18 | 20 | 23 | 22 | 20 | 20 |
| Payable Days | 45 | 47 | 46 | 48 | 42 | 54 | 50 | 44 | 45 | 48 |
| 31 | 37 | 32 | 29 | 20 | 11 | 21 | 32 | 31 | 27 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.44x | 0.45x | 0.52x | 0.66x | 0.00x | 0.00x | 0.53x | 0.44x | 0.30x | 0.27x |
| Interest Coverage (x) | 4.32x | 3.41x | 2.49x | 6.27x | 8.04x | 58.94x | 14.03x | 7.22x | 10.70x | 12.43x |
| 1.28x | 1.32x | 1.18x | 1.21x | 1.35x | 1.28x | 1.29x | 1.34x | 1.40x | 1.34x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 24.69% | -5.80% | 13.52% | 10.57% | 21.94% | 18.92% | 30.80% | 16.66% | 18.62% | 30.47% |
| Operating Profit Growth % | 5.61% | -5.07% | -2.04% | 97.89% | -27.07% | 105.26% | 22.29% | 10.59% | 23.73% | -8.78% |
| Net Profit Growth % | 10.40% | -11.73% | -17.28% | 221.81% | -46.22% | 255.09% | 14.63% | 0.87% | 33.53% | -13.84% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.85% | 33.53% | -13.84% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 15.05x | 13.17x | 12.53x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 4.49x | 4.14x | 2.94x |
| 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 | 11.45x | 10.59x | 9.66x |
Mar 2017
- EPS (₹)
- 5.21
- Book Value (₹)
- 40.26
- Dividend per Share (₹)
- 4.30
- Cash EPS (₹)
- 2.75
- Operating Margin %
- 2.66%
- Net Margin %
- 1.32%
- ROE %
- 13.24%
- ROCE %
- 18.80%
- 4.83%
- Debtor Days
- 40
- Inventory Days
- 35
- Payable Days
- 45
- 31
- Debt to Equity (x)
- 0.44x
- Interest Coverage (x)
- 4.32x
- 1.28x
- Revenue Growth %
- 24.69%
- Operating Profit Growth %
- 5.61%
- Net Profit Growth %
- 10.40%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 4.60
- Book Value (₹)
- 42.10
- Dividend per Share (₹)
- 2.40
- Cash EPS (₹)
- 2.47
- Operating Margin %
- 2.68%
- Net Margin %
- 1.24%
- ROE %
- 11.17%
- ROCE %
- 16.09%
- 4.02%
- Debtor Days
- 52
- Inventory Days
- 33
- Payable Days
- 47
- 37
- Debt to Equity (x)
- 0.45x
- Interest Coverage (x)
- 3.41x
- 1.32x
- Revenue Growth %
- -5.80%
- Operating Profit Growth %
- -5.07%
- Net Profit Growth %
- -11.73%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 3.91
- Book Value (₹)
- 40.67
- Dividend per Share (₹)
- 3.30
- Cash EPS (₹)
- 2.11
- Operating Margin %
- 2.31%
- Net Margin %
- 0.90%
- ROE %
- 9.31%
- ROCE %
- 15.42%
- 3.11%
- Debtor Days
- 50
- Inventory Days
- 28
- Payable Days
- 46
- 32
- Debt to Equity (x)
- 0.52x
- Interest Coverage (x)
- 2.49x
- 1.18x
- Revenue Growth %
- 13.52%
- Operating Profit Growth %
- -2.04%
- Net Profit Growth %
- -17.28%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 12.58
- Book Value (₹)
- 45.76
- Dividend per Share (₹)
- 4.30
- Cash EPS (₹)
- 6.63
- Operating Margin %
- 4.14%
- Net Margin %
- 2.63%
- ROE %
- 29.12%
- ROCE %
- 27.53%
- 8.86%
- Debtor Days
- 51
- Inventory Days
- 26
- Payable Days
- 48
- 29
- Debt to Equity (x)
- 0.66x
- Interest Coverage (x)
- 6.27x
- 1.21x
- Revenue Growth %
- 10.57%
- Operating Profit Growth %
- 97.89%
- Net Profit Growth %
- 221.81%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 6.77
- Book Value (₹)
- 52.33
- Dividend per Share (₹)
- 11.60
- Cash EPS (₹)
- 3.74
- Operating Margin %
- 2.47%
- Net Margin %
- 1.16%
- ROE %
- 13.80%
- ROCE %
- 21.19%
- 4.68%
- Debtor Days
- 45
- Inventory Days
- 18
- Payable Days
- 42
- 20
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 8.04x
- 1.35x
- Revenue Growth %
- 21.94%
- Operating Profit Growth %
- -27.07%
- Net Profit Growth %
- -46.22%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 11.97
- Book Value (₹)
- 32.56
- Dividend per Share (₹)
- 6.60
- Cash EPS (₹)
- 12.35
- Operating Margin %
- 4.27%
- Net Margin %
- 3.46%
- ROE %
- 40.82%
- ROCE %
- 48.66%
- 13.87%
- Debtor Days
- 45
- Inventory Days
- 20
- Payable Days
- 54
- 11
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 58.94x
- 1.28x
- Revenue Growth %
- 18.92%
- Operating Profit Growth %
- 105.26%
- Net Profit Growth %
- 255.09%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 13.71
- Book Value (₹)
- 39.70
- Dividend per Share (₹)
- 7.20
- Cash EPS (₹)
- 14.05
- Operating Margin %
- 3.96%
- Net Margin %
- 3.03%
- ROE %
- 37.96%
- ROCE %
- 37.66%
- 11.90%
- Debtor Days
- 49
- Inventory Days
- 23
- Payable Days
- 50
- 21
- Debt to Equity (x)
- 0.53x
- Interest Coverage (x)
- 14.03x
- 1.29x
- Revenue Growth %
- 30.80%
- Operating Profit Growth %
- 22.29%
- Net Profit Growth %
- 14.63%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 13.83
- Book Value (₹)
- 46.36
- Dividend per Share (₹)
- 6.20
- Cash EPS (₹)
- 14.30
- Operating Margin %
- 2.47%
- Net Margin %
- 2.62%
- ROE %
- 32.15%
- ROCE %
- 30.35%
- 10.30%
- Debtor Days
- 54
- Inventory Days
- 22
- Payable Days
- 44
- 32
- Debt to Equity (x)
- 0.44x
- Interest Coverage (x)
- 7.22x
- 1.34x
- Revenue Growth %
- 16.66%
- Operating Profit Growth %
- 10.59%
- Net Profit Growth %
- 0.87%
- 0.85%
- P/E (x)
- 15.05x
- P/B (x)
- 4.49x
- Dividend Yield %
- 2.98%
- 11.45x
Mar 2025
- EPS (₹)
- 18.47
- Book Value (₹)
- 58.67
- Dividend per Share (₹)
- 6.80
- Cash EPS (₹)
- 19.02
- Operating Margin %
- 2.37%
- Net Margin %
- 2.95%
- ROE %
- 35.17%
- ROCE %
- 33.49%
- 12.03%
- Debtor Days
- 56
- Inventory Days
- 20
- Payable Days
- 45
- 31
- Debt to Equity (x)
- 0.30x
- Interest Coverage (x)
- 10.70x
- 1.40x
- Revenue Growth %
- 18.62%
- Operating Profit Growth %
- 23.73%
- Net Profit Growth %
- 33.53%
- 33.53%
- P/E (x)
- 13.17x
- P/B (x)
- 4.14x
- Dividend Yield %
- 2.80%
- 10.59x
Mar 2026
- EPS (₹)
- 15.91
- Book Value (₹)
- 67.83
- Dividend per Share (₹)
- 6.00
- Cash EPS (₹)
- 16.42
- Operating Margin %
- 2.08%
- Net Margin %
- 1.95%
- ROE %
- 25.16%
- ROCE %
- 26.87%
- 8.17%
- Debtor Days
- 55
- Inventory Days
- 20
- Payable Days
- 48
- 27
- Debt to Equity (x)
- 0.27x
- Interest Coverage (x)
- 12.43x
- 1.34x
- Revenue Growth %
- 30.47%
- Operating Profit Growth %
- -8.78%
- Net Profit Growth %
- -13.84%
- -13.84%
- P/E (x)
- 12.53x
- P/B (x)
- 2.94x
- Dividend Yield %
- 3.01%
- 9.66x
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