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NSE:REDINGTON

REDINGTON LIMITED

Services › Commercial Services & Supplies·NIFTY 500NIFTY MIDSMALLCAP 400NIFTY MIDSMALLCAP400 50:50NIFTY SMALLCAP 100+6
₹352.10
at close · 28 Oct 2026
▼ 6.40 (-1.79%)
ThemesArtificial Intelligence· growingCybersecurity· mentionData Centers & Cloud· mention

Latest filings

  1. Redington Gulf signs strategic partnership with AWS for AI adoption · Compliance
  2. CFO certifies Q2 FY26 Commercial Paper compliance · Compliance
  3. Routine compliance certificate for Q2 FY26 from registrar · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Distributes technology products across hardware, software, cloud, security, and mobility categories through two geographic segments — SISA and ROW. In FY26, the SISA segment contributed ₹65,033.44 crore (54.6% of segment revenue) with EBIT of ₹1,434.15 crore, while ROW brought ₹54,181.85 crore (45.4%) with EBIT of ₹773.91 crore. The software distribution arm (Software Solutions Group) hosts an AI Exchange platform listing 450+ pre-validated AI agents, and runs on a recurring-revenue model currently at 74% mix. Margins are thin — EBITDA margin of 1.9% in FY26 — reflecting a distribution model where employee costs (1.4% of revenue) and other operating expenses (1.7% of revenue) are the disclosed cost lines. The company holds Microsoft's Frontier Distributor designation within the AI Cloud Partner Program and a multi-year AWS strategic collaboration, and signed a 5-year distribution partnership with Resulticks in July 2026. Q1 FY27 saw record quarterly revenue of ₹34,966 crore, up 34% YoY, with PAT up 77% to ₹486 crore.

Revenue mix · reported segments
SISA segment54.6%
ROW segment45.4%
Operating scale
Software Solutions Group (SSG) revenue
$2.2B (17% of group revenue, grew 29% YoY in USD / 37% in INR)FY26
AI Exchange platform listings
450+ pre-validated AI agents
SSG recurring revenue mix
74% (target 85% within 3 years)
SSG renewal rate
85% to 90%
Microsoft Frontier Distributor designation
Highest tier within Microsoft AI Cloud Partner Program
Q1 FY27 quarterly revenue
₹34,966 crore (record, up 34% YoY)
Who pays it
Enterprises, mid-market, SMBs and channel partners across India, Middle East, Africa, Turkey and South/South-East Asia
Biggest cost
Employee costs (1.4% of revenue) and other operating expenses (1.7% of revenue); goods-for-resale not separately disclosed in materials
Kind of business
Asset-light technology distribution with very thin margins
Where it sits
Microsoft Frontier Distributor in the AI Cloud Partner Program; multi-year AWS strategic collaboration partner
Market Cap
₹27,525 Cr
P / E (TTM)
16.2×
EV / EBITDA
11.3×
Div Yield
1.93%
Growth
15.9%▲
Revenue 5y CAGR
PAT +10.3% · EBITDA +9.6%
Quality
26.7%▲
ROCE (5y median)
ROE 19.7% (5y median) · margin 1.9%
Leverage
0.25·
Debt / Equity · low
Net debt ₹1,528 Cr
Revenue FY21→FY26
2.1×▲
Margin −0.3 pts
₹56,946 Cr → ₹1.19 L Cr
Cash conversion
-0.09×▼
Operating cash ÷ profit · 5 yrs
₹-641 Cr on ₹7,098 Cr
Moves on a normal day
1.46%·
Median daily move
Last 268 sessions · the yardstick for filing-day moves
Where it sits among 188 Trading & Distributors peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#69/130
P/B#114/150
ROCE#23/177
ROE#25/158
Debt / Equity#103/154
EBITDA margin#90/137
Revenue growth#38/135
Profit growth#51/157

Scorecard

Measured from the filed financials, judged against its Trading & Distributors peers · as of FY26 — not investment advice

Strengths
Revenue compounding 16% a year over 5 years
Returns on capital 26.7% (5-year median)
#23 of 177 in Trading & Distributors on the latest reported figures · down from 23.1% in FY21
Pays out 41% of profit as dividend
Concerns
Over 5 years it reported ₹7,098 Cr of profit and an operating cash outflow of ₹641 Cr — -0.09×
Less than 60p of every ₹1 of profit arrived as cash
Customers are taking longer to pay — 44 → 66 days of receivables
FY21 → FY26
EPS grew slower than profit — the share count rose (bonus or dilution)

Charts

How has the market priced it — with filings on the timeline?

REDINGTON · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from REDINGTON LIMITED's filed financials and exchange disclosures

What does REDINGTON LIMITED do?

REDINGTON LIMITED is a Commercial Services & Supplies company listed on NSE and BSE, trading under the symbol REDINGTON.

Is REDINGTON LIMITED profitable?

Yes. Over the trailing twelve months REDINGTON LIMITED reported a net profit of ₹1,505 Cr on revenue of ₹1.28 L Cr.

Does REDINGTON LIMITED pay a dividend?

Yes. The dividend yield is 1.93% at the current price. It paid out 41% of its profit as dividend in FY26.

Is REDINGTON LIMITED debt-free?

No. It reported borrowings of ₹2,637 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹1,528 Cr after cash. Debt stands at 0.25× equity. That is higher than 67% of its 154 Trading & Distributors peers.

Is REDINGTON LIMITED expensive compared with its peers?

On trailing P/E, REDINGTON LIMITED ranks 69 of 130 in Trading & Distributors — cheaper than 47% of them, against an industry median of 13.9×. This is a position, not a valuation judgement.

How much does the REDINGTON LIMITED share price move in a day?

On a typical session REDINGTON LIMITED moves 1.46% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

Where can I track REDINGTON LIMITED's announcements?

Every NSE and BSE filing by REDINGTON LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.