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Redington Limited (REDINGTON.NS)

National Stock Exchange of India Technology Information Technology ServicesView data quality →
61.1Fair

ValueMarkers Composite Index

Top 84%#7,195 of 44,707

DCF data not available

Piotroski
6/9
Neutral
Beneish
-2.08
Investigate
Altman
5.14
Safe
DCF Value
-
N/A
ROIC
14.3%
Adequate
P/E
9.7
Value
Updated: ·Source: Data sourced from SEC filings and institutional providers. Not financial advice.·Report data issue

Redington Limited (REDINGTON.NS) — VMCI valuation read

Headline read on REDINGTON.NS: VMCI of 61/100 versus a Technology sector median of 50. The 11-point above-median position is what makes Redington Limited a relative-value candidate in the mid-cap cohort, before any pillar-level review.

Form 4 filings on REDINGTON.NS: zero in the trailing 30 days. The absence of insider transactions is itself a data point, just a low-information one. The thesis runs on financials and price action until that changes.

**Investor frame.** Three reads on REDINGTON.NS: value (REDINGTON.NS trades at 15.0x earnings, 17% below the Technology median of 18.0x), quality (ROIC of 15.0% sits 5.0pp above the Technology median (10.0%)), and risk (net debt to EBITDA of 1.8x is the rate-sensitivity line to watch). The value read also implies an EV/EBITDA gap of +4.0x against the Technology 12.0x baseline.

REDINGTON.NS fell 3.7% over the trailing 7 days, with a +1.1% read on a 30-day basis.

Redington Limited provides supply chain solutions for information technology products, telecom, lifestyle, healthcare, and solar products in India and internationally. The company distributes IT hardware and software products, including consumer and commercial PCs, desktops, laptops, and MacBooks; tablets and phablets; deskjets, laserjets, and related consumables and accessories; smartphones and augmented reality/virtual reality-powered wearables; and networking, enterprise server and storage, as well as software solutions, and licensing and subscription support services. It also offers cloud consulting, migration, DevOps, integration, and security products, as well as managed services; and develops, manufactures, and markets digital printing solutions comprising printing presses, proprietary consumables, and workflow. In addition, the company is involved in the on demand part manufacturing business that consists of SLA, SLS, multi jet printing, color jet printing, vacuum casting, direct metal printing, metal die casting, CNC machines plastic and metals, and investment casting patterns. Further, it provides enterprise solutions and services, such as SOC and NOC services, converged network solutions, ICT and physical security solutions, and cloud services and solutions, as well as IT consulting, storage, data center, and virtualization solutions; and infrastructure managed services, including annual maintenance contracts, facility management services, managed print services, and IT outsourcing and helpdesk services. Additionally, the company offers spare part management; professional services comprising RBT and onsite repair, one time implementation projects, vendor managed support, and migrations and upgrades, as well as DOA validations, pats, and product screening; and logistics services. Redington (India) Limited was incorporated in 1961 and is based in Chennai, India.

CEO: Vishnampet Sethuraman Hariharan5,037 employeesINredingtongroup.com/india

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