Overall Fundamental outlook

Business Operations:

Sector: Technology
Industry: Information Technology Services

Redington Limited provides supply chain solutions in India and internationally. It offers hyperconverged infrastructure, enterprise storage, all-flash, storage visualization, and fault tolerant solutions; enterprise networking and WAN solutions; AI and automation, software applications, security, digital printing, data and analytics, infrastructure, 3D printing, network modernization, cyber security, solar, gaming, AE and VR, home automation, wearables, and displays; and next-gen firewall, web application firewall, secure access service edge, endpoint security, and identity and access management solutions. The company also engages in the distribution of information technology, mobility, and other technology products comprising laptops, tablets, servers, software, notebooks, workstations, networking, power supply, desktops, accessories, components, and smart lighting products. In addition, it offers technology services comprising consulting as a service, training as a service, infrastructure transformation, software consulting, virtualization and application delivery, networking, cybersecurity, and cloud services; and logistics services, such as warehousing, reverse logistics, in plant logistics and project management, supply chain consulting, ecommerce, mission-critical, and transportation services. Further, the company provides supply chain management, sourcing and procurement, sales and lead generation, and finance and accounting services; and financial services comprising channel financing, project financing, leasing, credit card-based financing, and but now and pay later services, as well as cloud consulting, managed, and security solutions. It serves healthcare, finance, print services providers, hospitality, manufacturing, education, government, retail, and IT/ITes industries. The company was formerly known as Redington (India) Limited and changed its name to Redington Limited. Redington Limited was incorporated in 1961 and is headquartered in Chennai, India.

Revenue projections:

Revenue projections for REDINGTON
Revenue projections for REDINGTON

With REDINGTON's revenues forecasted to be lower than last year's, investors are expected to be cautious. A decline in revenue typically harms the company's bottom line, reducing profitability and making investors less confident about the company's ability to sustain its financial health.

Financial Ratios:

currentRatio 0.000000
forwardPE 8.860028
debtToEquity 27.764000
earningsGrowth 0.088000
revenueGrowth 0.157000
grossMargins 0.050730
operatingMargins 0.019030
trailingEps 22.580000
forwardEps 24.433330

Redington Limited's low Debt-to-Equity ratio indicates the company is not over-leveraged. This suggests a balanced financial structure with limited reliance on debt, which reduces financial risk and enhances its stability, making Redington Limited's financial position more secure and appealing to investors.
Redington Limited's forward EPS exceeding its trailing EPS means the company is expected to be more profitable this year than last. This suggests an upward trend in earnings, with forecasts indicating that Redington Limited's financial performance will improve in the current financial year.

Price projections:

Price projections for REDINGTON
Price projections for REDINGTON

Over time, price projections for REDINGTON have been gradually revised upward, reflecting increasing optimism about the company's future performance. This trend suggests analysts are growing more confident in REDINGTON's ability to deliver strong results and achieve higher market value.

Recommendation changes over time:

Recommendations trend for REDINGTON
Recommendations trend for REDINGTON


With analysts showing a buy bias for REDINGTON, investors may be more inclined to see the stock as an attractive investment. The favorable outlook could spur increased interest, positioning REDINGTON as a safe and profitable place for investors to allocate their funds and seek growth.