Redington logo

Redington share price

NSE: REDINGTONBSE: 532805Commercial Services & SuppliesSmall Cap

Redington Limited · Formerly Redington (India) · Face value ₹2 · Listed Feb 2007
Last close ₹351.40down ₹6.70 (1.87%)BSE ₹351.40

Share price at the NSE close on 28 Oct 2026. Previous close ₹358.10.

28 Oct: open ₹357.30, high ₹362.15, low ₹350.05

52-week range of traded prices to 28 Oct 2026
₹191.31Low, 2 Apr 2026₹419.50High, 23 Sep 2026
Market cap
₹27,472 Cr355th largest listed
P/E
16.15
P/B
2.70
Dividend yield
1.71%
ROE
18.0%
ROCE
17.9%
Debt to equity
0.25
Volume, NSE
32,24,82859.4% delivered

Redington share price chart

Daily closes since Feb 2007, adjusted for splits and bonuses

+34.5%over a year · Nifty 500 −8.8%

Results20-session average 38,47,120 shares a day, 49.3% delivered

About Redington

Redington Limited is a Chennai-based distributor of technology products and services that connects technology brands with resellers, retailers and system integrators.12 It sells smartphones, PCs, printers, gaming products, enterprise infrastructure, software, data security, cloud and solar products across India, the Middle East, Africa, Turkey and South Asia.13

Its business units cover end-point devices (PCs and printers), technology solutions (networking, servers, storage and power), software (cloud, licences and security) and mobility (smartphones), plus 2D and 3D printing; its wholly owned subsidiary ProConnect provides logistics.456 Its reported operating segments are SISA (Singapore, India and South Asia) and the rest of the world.7 The company says that, on data published by Omdia, it holds the number 1 position among technology distributors in India and in the Middle East and Africa, and that it is among the top 10 worldwide.8

Redington was incorporated in 1961 and began distributing IT products in India under a contract with HP.910 It later started operations in Dubai and Saudi Arabia, entered Africa through Nigeria and Kenya, and bought a 49% stake in Arena of Turkey in 2012.11

Redington has had the status of a listed company with no promoter since July 2019.12 On 30 June 2026, Synnex Technology International Corporation held 24.12% of its shares and foreign portfolio investors held 37.84%.13

Redington key points

Results

  • In the quarter to Jun 2026, consolidated revenue was ₹34,966 crore, up 34% from ₹26,002 crore a year earlier, the highest for any quarter.1415
  • In the quarter to Jun 2026, EBITDA (earnings before interest, tax, depreciation and amortisation) was ₹751 crore, up 67%, and profit after tax was a record ₹486 crore, up 77%.1615
  • In the year to Mar 2026, consolidated revenue was ₹1,19,347 crore, up about 20%; EBITDA was ₹2,414 crore, up 7%; and profit after tax excluding one-off items was ₹1,565 crore, up about 17%.1718

Business segments

  • SISA (Singapore, India and South Asia) revenue was ₹21,138 crore in the quarter to Jun 2026, up 63%, and its profit after tax rose 56% to ₹327 crore.19
  • Rest of the world revenue excluding Arena was ₹12,656 crore in the quarter to Jun 2026, up 16%, and its profit after tax rose 81% to ₹191 crore.20
  • In the year to Mar 2026, SISA revenue grew 29.9%, lifting its share of group revenue to 55%, while rest of the world revenue grew 9.7%.21

Revenue mix

  • Share of consolidated revenue by business unit, quarter to Jun 20262223
    Itemquarter to Jun 2026
    Mobility Solutions35%
    End Point Solutions29%
    Technology Solutions17%
    Software Solutions17%
  • Technology Solutions revenue in the quarter to Jun 2026 included large deals worth nearly ₹1,000 crore, most of them data centre orders in India.24
  • Software Solutions revenue grew 37% in the year to Mar 2026, with about 74% of it recurring, and its cloud revenue grew 67% in the quarter to Jun 2026.2526
  • End Point Solutions growth in the quarter to Jun 2026 came largely from component-shortage price rises: PC prices rose 25% to 50% over 2 to 3 quarters, while PC unit volumes grew in single digits.2728

Where revenue comes from

  • Redington's India business crossed ₹63,000 crore of revenue in the year to Mar 2026.29
  • In the quarter to Jun 2026, India revenue grew 63%, and Middle East and Africa revenue grew 15%, with the GCC (Gulf Cooperation Council) and Levant (eastern Mediterranean countries) region up 95% and Africa up 39%.3031
  • In the quarter to Jun 2026, revenue fell about 3% in the UAE and 7% in Saudi Arabia, where new government and corporate projects were being postponed.3233
  • Redington serves 40 markets and has its own operations in 33 of them.34

Arena in Turkey

  • Redington holds 49.4% of Arena, a company listed in Istanbul, and consolidates it as a subsidiary because it controls the composition of Arena's board.3536
  • The group recorded an impairment loss (a write-down) on its Arena investment in the year to Mar 2026, and Arena lost ₹64 crore in the quarter to Jun 2026, of which Redington's share was ₹31 crore.3738
  • On its earnings call of 30 Jul 2026, the company said Arena's losses might continue in the year to Mar 2027 and that fixing it requires a structural change, with limited options.3940

Customers and partners

  • In the quarter to Jun 2026, Redington's 10 largest brands made up 75% of its business, and its 5 largest vendors were Apple, Dell EMC, HP Inc, Lenovo and Microsoft.4142
  • No single customer accounted for more than 10% of Redington's consolidated revenue in the year to Mar 2026.43
  • As of Jun 2026, Redington sells through more than 73,000 channel partners and works with about 450 brands, from 168 warehouses and 71 sales offices.44
  • For one premium smartphone brand, Redington has built a dedicated retail channel of almost 6,000 outlets across India.45

What the company expects

  • In its presentation of 29 Jul 2026, the company said it has an ambition to grow the software segment in Redington to 20%, without stating a date or the measure.46
  • On its earnings call of 30 Jul 2026, the company said its backlog of large deals was far larger than the quarter's large-deal revenue and should be executed over the next few quarters.47
  • The company stated in its annual report for the year to Mar 2026 that its Singapore subsidiary plans to expand into Indonesia and Thailand in the year to Mar 2027.48

Recent events

  • On 22 Oct 2026, Redington Gulf announced that it had signed a strategic collaboration agreement with Amazon Web Services to speed up AI adoption in the Middle East, Turkey and Africa.49
  • On 13 May 2026, the board recommended a dividend of ₹6 per share for the year to Mar 2026, for approval at the annual general meeting of 29 Jul 2026; the company's documents give no outcome.5051
  • In its exchange filing of 11 Mar 2026, the company said the Commissioner of Income Tax (Appeals) had quashed ₹230.21 crore of a ₹233.66 crore tax demand for the assessment year 2020-21.52

Last updated

All 52 sources, each with its page
  1. 1. Annual report, 7 Jul 2026, page 66
  2. 2. Annual report, 7 Jul 2026, page 65
  3. 3. Annual report, 7 Jul 2026, page 16
  4. 4. Investor presentation, 29 Jul 2026, page 16
  5. 5. Investor presentation, 29 Jul 2026, page 27
  6. 6. Annual report, 7 Jul 2026, page 40
  7. 7. Annual report, 7 Jul 2026, page 36
  8. 8. Earnings call, 30 Jul 2026, page 5
  9. 9. Annual report, 7 Jul 2026, page 65
  10. 10. Investor presentation, 29 Jul 2026, page 24
  11. 11. Annual report, 7 Jul 2026, page 12
  12. 12. Annual report, 7 Jul 2026, page 51
  13. 13. Investor presentation, 29 Jul 2026, page 32
  14. 14. Investor presentation, 29 Jul 2026, page 42
  15. 15. Investor presentation, 29 Jul 2026, page 4
  16. 16. Investor presentation, 29 Jul 2026, page 10
  17. 17. Annual report, 7 Jul 2026, page 6
  18. 18. Annual report, 7 Jul 2026, page 3
  19. 19. Investor presentation, 29 Jul 2026, page 12
  20. 20. Investor presentation, 29 Jul 2026, page 12
  21. 21. Annual report, 7 Jul 2026, page 37
  22. 22. Earnings call, 30 Jul 2026, page 4
  23. 23. Earnings call, 30 Jul 2026, page 4
  24. 24. Earnings call, 30 Jul 2026, page 4
  25. 25. Annual report, 7 Jul 2026, page 6
  26. 26. Earnings call, 30 Jul 2026, page 10
  27. 27. Earnings call, 30 Jul 2026, page 4
  28. 28. Earnings call, 30 Jul 2026, page 16
  29. 29. Annual report, 7 Jul 2026, page 10
  30. 30. Earnings call, 30 Jul 2026, page 3
  31. 31. Earnings call, 30 Jul 2026, page 4
  32. 32. Earnings call, 30 Jul 2026, page 14
  33. 33. Earnings call, 30 Jul 2026, page 8
  34. 34. Investor presentation, 29 Jul 2026, page 29
  35. 35. Annual report, 7 Jul 2026, page 125
  36. 36. Annual report, 7 Jul 2026, page 49
  37. 37. Annual report, 7 Jul 2026, page 3
  38. 38. Earnings call, 30 Jul 2026, page 5
  39. 39. Earnings call, 30 Jul 2026, page 10
  40. 40. Earnings call, 30 Jul 2026, page 11
  41. 41. Earnings call, 30 Jul 2026, page 5
  42. 42. Investor presentation, 29 Jul 2026, page 15
  43. 43. Annual report, 7 Jul 2026, page 144
  44. 44. Investor presentation, 29 Jul 2026, page 23
  45. 45. Earnings call, 30 Jul 2026, page 13
  46. 46. Investor presentation, 29 Jul 2026, page 36
  47. 47. Earnings call, 30 Jul 2026, page 9
  48. 48. Annual report, 7 Jul 2026, page 40
  49. 49. Exchange filing, 22 Oct 2026, page 2
  50. 50. Annual report, 7 Jul 2026, page 36
  51. 51. Annual report, 7 Jul 2026, page 1
  52. 52. Exchange filing, 11 Mar 2026, page 1

Results

Consolidated; ₹ crore.Redington quarterly results

Revenue growth, 12 months
+23.2%
Net profit growth, 12 months
+4.1%

Quarter to Jun 2026, against the quarter before

Revenue
₹34,922 Crup 5.15%
Net profit
₹453 Crup 57.69%
Net margin
1.3%

Revenue by quarter

₹24,896 CrSep 24₹26,716 CrDec 24₹26,440 CrMar 25₹25,952 CrJun 25₹29,076 CrSep 25₹30,922 CrDec 25₹33,213 CrMar 26₹34,922 CrJun 26
Peak revenue ₹34,922 Cr, quarter to Jun 2026; lowest ₹24,896 Cr, quarter to Sep 2024

Net profit by quarter, a loss in red

₹283 CrSep 24₹403 CrDec 24₹918 CrMar 25₹233 CrJun 25₹350 CrSep 25₹413 CrDec 25₹288 CrMar 26₹453 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue24,89626,71626,44025,95229,07630,92233,21334,922
Net profit283403918233350413288453
Net margin1.1%1.5%3.5%0.9%1.2%1.3%0.9%1.3%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • SISA₹65,033 Crup 29.92%54.6%
  • ROW₹54,182 Crup 9.84%45.4%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history.Redington PE ratio and valuation

Price to earnings

At or below today's level on 89% of 2,478 trading days over the last 10 years.

LowestHighest
Its median10.62Industry median19.39
Price to book

At or below today's level on 96% of 1,980 trading days since Nov 2018.

LowestHighest
Its median2.02Industry median1.07
Dividend yield

At or below today's level on 8% of 2,478 trading days over the last 10 years.

LowestHighest
Its median3.06%Industry median0.67%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−14.7%−7.2%−11.4%3.0%
3 years+9.2%+2.3%+3.9%2.9%
5 years+19.5%+14.4%+1.3%3.5%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2025 and Mar 2026.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026. The company has no promoter group. Foreign institutions include 24.12% held as foreign direct investment: a stake taken in the company directly, such as a foreign parent's, not bought by portfolio investors.Redington shareholding pattern

Shareholding by group

  • Foreign institutions63.43%
  • Indian institutions16.00%
  • Governments0.04%
  • Individuals and others20.52%
Holder
SYNNEX TECHNOLOGY INTERNATIONAL CORPORATIONForeign direct investment24.12%
FIDELITY PURITAN TRUST-FIDELITY LOW-PRICED STOCK FUNDForeign portfolio investors, category I2.65%
FIDELITY INVESTMENT TRUST FIDELITY INTERNATIONAL SMALL CAP FUNDForeign portfolio investors, category I2.05%
GOVERNMENT PENSION FUND GLOBALForeign portfolio investors, category I2.01%
MASSACHUSETTS INSTITUTE OF TECHNOLOGYForeign portfolio investors, category I1.88%
RBC EMERGING MARKETS DIVIDEND FUNDForeign portfolio investors, category I1.22%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: foreign institutions +1.47 pts, Indian institutions −0.37 pts, mutual funds +1.32 pts.

Mutual fund holdings

101 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 57 of the 67 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 101 funds holding Redington

Bought for the first time
4
Added
27
Cut
40
Held unchanged
30
Sold out
1
Fund
HDFC Mutual Fund logoHDFC Mid Cap FundHDFC Mutual Fund2,75,97,0991.10%₹1,123.2 Cr
HDFC Mutual Fund logoHDFC Small Cap FundHDFC Mutual Fund1,35,66,3311.35%₹552.1 Cr
Old Bridge Mutual Fund logoOld Bridge Focused FundOld Bridge Mutual Fund77,70,5006.96%₹316.3 Cr
Tata Mutual Fund logoTata Small Cap FundTata Mutual Fund64,66,2181.99%₹263.2 Cr
HDFC Mutual Fund logoHDFC Large & Mid Cap FundHDFC Mutual Fund39,03,0260.56%₹158.9 Cr
Bandhan Mutual Fund logoBandhan Small Cap FundBandhan Mutual Fund37,21,7830.42%₹151.5 Cr
quant Mutual Fund logoquant Small Cap Fundquant Mutual Fund32,20,2590.37%₹131.1 Cr
Canara Robeco Mutual Fund logoCanara Robeco Small Cap FundCanara Robeco Mutual Fund31,49,0620.92%₹128.2 Cr
JM Financial Mutual Fund logoJM Flexi Cap FundJM Financial Mutual Fund22,50,0001.82%₹91.6 Cr
360 One Mutual Fund logo360 ONE Flexicap Fund360 One Mutual Fund19,86,5073.60%₹80.9 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 29 Oct 2025.Redington insider trading

No promoter, director, key manager or employee bought or sold on the market.

  • Others: no market trade
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Redington competitors and peers

Trading & Distributors, 195 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Redington in market cap. 1 company in the table last traded before then: its row is priced on its last trade.Services companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
MMTC logoMMTCMMTC7,71317.243.64−19.7%+355.5%23.4%−8.7%0.00%
Mstc logoMstcMSTCLTD3,89316.624.31+21.0%–28.5%21.5%2.84%
Shankara Buildpro logoShankara BuildproBUILDPRO2,67020.344.89––24.1%37.0%0.45%
Creative Newtech logoCreative NewtechCNL1,625–4.05+36.5%––18.1%0.05%
BN Agrochem logoBN AgrochemBNAGROCHEM1,144–2.45+84.5%––−1.1%0.00%
Pervasive CommoditiesPERVASIVE1,104–12.27+25.6%–−0.2%−0.4%0.00%
RRP Defense logoRRP DefenseRRPDEFENSE810–59.88+39.3%−362.5%−32.6%−16.2%0.00%
Shiv Aum Steels logoShiv Aum SteelsSHIVAUM742––––––0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Redington dividend history

Dividend per share, ₹, restated for later splits and bonuses

2.2Mar 171.2Mar 181.7Mar 192.2Mar 205.8Mar 216.6Mar 227.2Mar 236.2Mar 246.8Mar 256Mar 26
Highest ₹7.20 a share, year to Mar 2023.
Ex-dateTypePer share
3 Jul 2026Final₹6.00
4 Jul 2025Final₹6.80
5 Jul 2024Final₹6.20
7 Jul 2023Final₹7.20
14 Jul 2022Final₹6.60
16 Jul 2021Final₹7.60
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Redington announcements

Redington share price by year

Each calendar year to 2025.Redington share price history

YearClose at year endChangeHighest closeLowest close
2025272.35+36.1%329.70195.27
2024200.07+13.2%223.60160.48
2023176.80−2.2%193.90139.60
2022180.80+24.8%199.40113.45
2021144.85+119.1%175.2565.43
202066.10+12.2%69.1331.15
201958.90+32.9%65.2832.83
201844.33−49.2%95.9840.15
201787.30+84.1%102.5347.25
201647.43−17.7%60.4345.50
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
27 Oct 2026368.35370.75356.70358.10360.0641,68,65558.0%
26 Oct 2026352.60372.40350.20366.75365.1645,05,58652.4%
23 Oct 2026367.20371.80354.05359.10359.2522,51,82746.1%
22 Oct 2026362.05373.85362.05367.10368.2562,50,41429.8%
21 Oct 2026373.10379.70357.35361.55366.2027,11,78055.1%
19 Oct 2026385.00387.50366.20371.05371.4241,18,77850.5%
16 Oct 2026393.00393.45382.55383.50386.6150,43,64755.0%
15 Oct 2026402.00403.45390.00392.10393.3124,58,52054.4%
14 Oct 2026390.05411.50388.00401.60401.0859,10,49249.1%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history

Ex-dateEventPrice factorWhat happened
18 Aug 2021Bonus0.5000Holders received 1 bonus share for every 1 held.
20 Aug 2010Split0.2000Each share became 5.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Chairperson
J Ramachandran
At the end of the quarter to Sep 2026
NSE symbol
REDINGTON
BSE code
532805
ISIN
INE891D01026
Industry
Commercial Services & Supplies
CIN
L52599TN1961PLC028758
Corporate identity number, the registrar of companies' code for it
Incorporated
1961
Registered office
Block 3, Plathin, Redington Tower, Inner Ring Road, Saraswathy Nagar West, 4th Street, Puzhu, thivakkam, Chennai 600091, Tamil Nadu
Share registrar
Cameo Corporate Services Ltd
Keeps the register of shareholders and handles transfers and dividend payments