Redington Limited

Redington Limited (REDINGTON) is a mid-cap Services company valued at ₹29,993 crore operating in Trading & Distributors on the NSE and BSE.

Recent price move

Redington Limited last traded at ₹384.9, modestly down 1.84% on the day.

Recent developments

On 2026-10-04, the company reported record Q1FY27 revenue and a 77% surge in PAT to ₹486 crore. On 2026-07-30, the stock surged 17.7% after the company's June quarter net profit rose 77%. On 2026-07-29, the company posted record revenue and PAT growth in Q2, with revenue from operations up 34.5% year-on-year to ₹34,922 crore.

Financial performance

The company's revenue rose 20.0% annually to ₹119,162 crore, while net profit fell 29.5% to ₹1,284 crore. The latest quarter saw revenue rise 34.6% year-on-year to ₹34,922 crore, and net profit surged 94.6% to ₹453 crore.

Valuation multiples

The stock trades at 20.2 times earnings, a premium to the Services median of 16.3, 3.02 times book value. It yields 1.5%.

Things to watch

The net profit margin narrowed 0.8 percentage points to 1.1%. The company's profit growth has slowed, with a 3.7% annualized decline over the past three years. The stock is 9.4% below its 52-week high.

Where it stands

The company's latest quarter showed strong growth in both revenue and net profit, but annual net profit fell 29.5%. The stock is 9.4% below its 52-week high, and the net profit margin has declined.

Summarised by DocStoX's model on 2026-10-10 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.