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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Redington Limited is an India-based technology solution provider company. The Company is engaged in the business of the distribution of information technology, mobility, and other technology products besides supply chain solutions. The Company’s segments include Singapore,…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, stagnant business, priced for perfection — but flagged on governance.
Redington is scored on the general / industrial framework. It keeps a thin 1.1% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT 0.18×) — worth a closer look. Free cash flow is worth about 0.9% of its market value.
Over the last 3 years revenue compounded at 15%/yr and profit at -4%/yr. Book value has grown 13%/yr. Return on equity is an elite 18.6%. In the latest quarter profit grew 58% versus the prior quarter.
At 17× earnings, the stock sits at the 94th percentile of its own 3.6-year range — the expensive end of where it has historically traded. Today's price implies ~6%/yr earnings growth for a decade. The forensic screen raises a red flag: Only ₹-0.28 of cash per ₹1 profit over 4 years — earnings not converting to cash.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 16.24 | 4.9 | worse |
| P/B | 2.38 | 3.37 | better |
| EV/EBITDA | 12.06 | — | — |
| ROE | 18.62 | 25.07 | worse |
| ROCE | 16.15 | — | — |
| ROA | 3.79 | — | — |
| Quick Ratio | 1.06 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Adani Enterprises | 69.6 | 3.8 | 3.7% |
| Aegis Logistics | 25.8 | 6.0 | 20.0% |
| Premier Energies | 22.8 | 7.8 | 34.2% |
Revenue has grown every year across all 4 financial years shown. 14% CAGR over 3 years — steady double-digit compounder. Growth is accelerating — latest year outpaced the prior year's rate.
Revenue is outpacing profit (14% vs -4%) — costs are rising faster than the top line.
Operating margins have been stable around 1% — no major structural shift.
ROE at 12% — a respectable return on shareholder capital. Capital efficiency declining — ROE down 7pp.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. EPS outpaced profit growth — possible buybacks are concentrating earnings into fewer shares. 2% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
1 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Cash conversion at 0.2× PAT — reported profit isn't translating into cash, raising earnings quality questions. Financing outflows in consecutive years — balance-sheet discipline through debt repayment or dividends.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 5% sequentially — momentum is building. Run-rate stepping up — recent quarters average 14% above earlier ones.
Profit jumped 58% QoQ — check if this is operating leverage or a one-off item.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Both FII and MF added last quarter — broad institutional confidence.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.