Home MarketRedington (India) Ltd.

Redington (India) Ltd. Stock Info: As on 2017-06-29 11:39:57

Nse

130.00

1.30(1.01%)
Change%
52 Week Range
82.05
9.00
156.95
2.00
Open129.30
Day's Range102.96 - 154.44
Value Traded (in ₹ Cr.) 0.35

Bse

129.75

1.35(1.05%)
Change %
52 Week Range
79.70
9.00
155.35
5.00
Open125.05
Day's Range102.72 - 154.08
Value Traded (in ₹ Cr.) 0.12

Stock Exchange

Category No. Of Shares Share %
ForeignPromoters 32,777,599.00 8.20%
IndianPromoters 0.00 0.00%
Mutual Funds/UTI 56,943,937.00 14.24%
FII 108,012,136.00 27.01%
Employee 0.00 0.00%
Public 6,824,775.00 1.71%
Government 0.00 0.00%
Others 152,114,472.00 38.04%
More

Key Statistics

Valuation Measures
Market Cap / Sales Ratio 0.36
Basic EPS (Rs.) 4.73
Cash EPS 4.98
BVPerShare Excl 35.98
Operating Revenue 316.12
PBDITPerShare 9.44
Dividend 2.10
NPPerShare 4.72
Current Ratio 1.27
Quick Ratio 0.66
PriceToBV 3.17
Earnings 0.04
PBDIT Margin 2.98
PBT Margin 2.26
NP Margin 1.49
Return On Assets 4.83
Retention Ratios 55.55
Parameter Mar-16 (₹ Cr.) Yoy%change
Total Income 12,675.88
Total Expenses 12,390.24
EBITDA 377.43
PBT 285.64
PAT 188.90
Net Income 188.90
More
Parameter Mar-16 (₹ Cr.) 6M % change
Total Income 6,725.78
Total Expenses 6,533.47
EBITDA 187.23
PBT 145.29
PAT 94.10
Net Income 0.00
More
Total Assets
Total Assets
Parameter Mar-16 (₹ Cr.) Yoy%change
Total share capital 79.96
Net worth 1,438.73
Investments 593.84
Total Liability 3,906.83
Total debt 477.52
Net block 105.18
Total Assets 3,906.83
Parameter Mar-16 (₹ Cr.) 6M % change
Total share capital 79.96
Net worth 1,438.73
Investments 593.84
Total Liability 3,906.83
Total debt 477.52
Net block 105.18
Total Assets 3,906.83
Company Curr Price Prev. Close Change% W's Low/High

Bartronics India Ltd.

14.15 14.15 0
13.915.05

Cerebra Integrated Technologies Ltd.

52.75 51 3.43
4954.75

CMC Ltd.

2032.25 2035.45 -0.15
20002067.25

Ducon Infratechnologies Ltd.

36.8 35.95 2.36
30.535.95

HCL Infosystems Ltd.

45.15 45.05 0.22
43.948.95

Org Informatics Ltd.

9.6 9.7 -1.03
9.359.95

Panache Digilife Ltd.

109.25 103.95 5.1
103.9110.25
Company Curr Price Prev. Close Change% W's Low/High

ACI Infocom Ltd.

9.58 9.45 1.38
9.19.85

Allied Computers International (Asia) Ltd.

0.8 0.8 0
0.80.8

Bartronics India Ltd.

14.05 14.08 -0.21
13.8715.13

CCS Infotech Ltd.

1.12 1.07 0
1.021.12

Cerebra Integrated Technologies Ltd.

52.75 51.05 3.33
49.454.65

CMC Ltd.

2033.8 2033.1 0.03
20102068.45

Computer Point Ltd.

1.2 1.2 0
1.151.2
More
Parameter Mar-16(in ₹ Cr.)
Cash from operating activities 29.19
Cash from investing activities -53.69
Cash from financing activities 48.44
Net change in cash 25.74

Stock Held By Mutual Fund Schemes

Scheme Holding (%)
HDFC Mid-Cap Opportunities Fund - Regular Plan 1.42%
SBI Magnum Global Fund 3.04%
HDFC Balanced Fund - Regular Plan 0.67%
SBI Contra Fund 2.92%
SBI Magnum Balanced Fund 0.45%
Reliance Mid & Small Cap Fund 1.26%

Piramal Enterprises CFO Rajesh Laddha quits

Piramal Group flagship firm Piramal Enterprises Ltd (PEL) on Wednesday said Rajesh Laddha will cease to be the Chief Financial Officer (CFO) of the company after his appointment as MD & CEO in Shriram Capital Ltd. In a filing to the Bombay Stock Exchange, the company said, “The board of Shriram Capital Ltd (SCL) at their meeting held on July 28, 2017, has approved the appointment of Rajesh Laddha, as Managing Director (MD) and Chief Executive Officer (CEO) with effect from July 1, 2017. Consequently, Rajesh Laddha will cease to be the Chief Financial Officer of Piramal Enterprises Ltd (PEL) with effect from the close of business hours on June 30, 2017.” The company further said that, it is in the process of appointing a new CFO, in compliance with applicable law, and in the interim, financial controls and organization structure, including the existing finance team, are well placed to ensure that the finance function at PEL is duly taken care of. Speaking on the matter, Piramal Group, Chairman, Ajay Piramal said, “As an important member of the Piramal Group, Rajesh Laddha has successfully driven some of our most significant strategic forays, acquisitions and negotiations in businesses. When the Board of Shriram Capital collectively requested that he transitions from his role of non-executive director on the board of Shriram Capital Ltd to Managing Director & CEO, we were happy to support their decision.” “We remain committed to our investments in Shriram Group and believe that this appointment will further accelerate its robust growth opportunities,” he added. Meanwhile, shares of the company closed at Rs 2,798.55 apiece, down 0.24 per cent, from previous close on BSE.

28-06-2017 17:51

MindTree board approves Rs 270 cr share buyback

IT and outsourcing company Mindtree on Wednesday said that its board has approved the proposal to buyback the fully paid-up equity shares of the company worth Rs 270 crore. “The board of directors of the company at its meeting on June 28, 2017, approved buyback proposal for purchase by the company of its own fully paid equity shares of Rs 10 each not exceeding 43.20 lakh equity shares, being 2.57 per cent of the total paid up equity share capital, at aprice not exceeding Rs 625 per share for an aggregate amount of Rs 270 crore,” Mindtree said in a filing to BSE. The buyback would be carried out via the tender offer route under the board approval route, said the company in the filing. The board has also approved July 11, 2017, to be the Record Date for determining the entitlement and the names of the equity shareholders, it added. Meanwhile, shares of company closed day’s trade at Rs 531.20 apiece, up 0.82 per cent, on the BSE.

28-06-2017 17:00

ICRA upgrades bank loan ratings of Sportking

Sportking India, a manufacturer of cotton and synthetic yarns, on Wednesday said that ICRA, a leading rating agency, has upgraded bank loan ratings of the company. “The rating committee of ICRA has upgraded long term debts rating to ‘BBB+’ from ‘BBB’ earlier, and short term debts rating to ‘A2’ from ‘A3+’,” said Sportking India in a filing to the Bombay Stock Exchange. The outlook on the long term rating is stable, said the company. Meanwhile, shares of company closed day’s trade at Rs 15.17 apiece, up 4.98 per cent, on the BSE.

28-06-2017 16:42

Mold-Tek Pack to invest Rs 25 cr for capacity expansion

Mold-Tek Packaging Ltd on Wednesday said it has decided to invest Rs 25 crore to triple its Hyderabad plants capacity of producing thin wall containers. In a filing to the Bombay Stock Exchange, Mold-Tek Packaging said, “The company has decided to invest Rs 25 crores in expanding in Hyderabad plants to triple its capacity of producing the Food & FMCG IML thin wall containers.” Moreover, first phase of project will go into production in November 2017 and completed by June 2018, it added. The company further said that, this investment will be over and above the investment of 2 dedicated plants being setup for Asian Plants Ltd. Meanwhile, shares of the company closed at Rs 281.40 apiece, up 0.41 per cent, from previous close on BSE.

28-06-2017 16:30

SAIL readies for new tax regime under GST

Steel Authority of India Ltd. (SAIL) is readying itself for a smooth transition into the new tax regime, which will come into effect with the introduction of GST from July 01, 2017. The Company, besides appointment of reputed Consultant for overseeing the transition, has also formed special teams for coordination with its pan India based plants, units, marketing offices and other units for migrating to GST regime, said an official statement. The introduction of GST is a significant step in the Country’s taxation regime which will have far reaching and positive impact on Indian Economy. Implementation of this huge transformation process, requires detailed planning and clear understanding of the effects it will have, on the existing systems and procedures. Keeping in mind these requirements, the dedicated teams are executing necessary modifications in the Company’s internal systems and procedures, under the overall supervision and guidance of top management. The teams are interacting round the clock to ensure clear understanding of the various rules and guidelines being issued in this regard to enhance the comprehension of GST provisions to be implemented, the statement added. The teams of various plants and units of the Company have undertaken special initiative and drive to educate the vendors, customers, contractors in addition to awareness programs for educating its employees to ensure smooth switching over to the new system of tax administration. The Company recently announced that it aims at marketing 15 Million Tonnes of saleable steel during the current fiscal and it is also adopting a demand based production model to reassert its market share. In such circumstances, the Company believes that, a unified tax structure of GST will help in creating national market while reducing burden of multiple taxation on buyer and enhancing the business sentiments. SAIL Management feels that the introduction of this unique indirect tax regime will have powerful impact on the domestic economy. The unified taxation will bring in more transparency to the system and one tax one market economy will definitely boost the ease of doing business.

28-06-2017 16:24

Redington (India) Lt - Standalone And Consolidated Financial Results For The Year Ended 31St March 2017.

This has reference to the submission of Financial Results for the year ended 31st March 2017, pursuant Regulation 33 of the Listing Regulations by the Company on 25th May 2017.

BSE, vide mail dated 31st May 2017 mentioned that for the Quarter Ended 31st March 2017, the company had submitted the unaudited Consolidated and Standalone financial results and the Company is required to submit the Audited results for the said period.

In this regard, we are enclosing herewith the revised audited standalone and consolidated financial results for the quarter and year ended 31st March 2017.

Other figures and contents as given in the results submitted earlier remain the same.

02-Jun-2017 11:19 AM

Redington (India) Lt - Investor Presentation

This has reference to our communication dated 12th May 2017 intimating the details of the Analyst meet scheduled on 30th May 2017.

In this regard we are enclosing herewith the presentation made at the aforesaid Analysts meet.

31-May-2017 08:33 AM

Redington (India) Lt - Updated Investor Presentation

Pursuant to Regulation 30(2) and 46(2)(o) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we enclose herewith a copy of the updated Investor Presentation. The same shall be uploaded on our website www.redingtonindia.com

29-May-2017 11:00 AM

Redington (India) Ltd. - Reply to Clarification Sought

The Exchange had sought clarification from Redington (India) Ltd. with respect to announcement dated 25-May-2017, regarding Outcome of Board Meeting held on May 25, 2017. On basis of above the Company is required to clarify following: 1. Brief profile (in case of appointment);The response of the Company is attached.

26-May-2017 03:32 PM

Redington (India) Ltd. - Clarification

The Exchange has sought clarification from Redington (India) Ltd. with respect to announcement dated 25-May-2017, regarding Outcome of Board Meeting held on May 25, 2017. On basis of above the Company is required to clarify following: 1. Brief profile (in case of appointment);The response of the Company is awaited.

26-May-2017 02:53 PM

Redington (India) Lt - Standalone And Consolidated Financial Results For The Year Ended 31St March 2017.

This has reference to the submission of Financial Results for the year ended 31st March 2017, pursuant Regulation 33 of the Listing Regulations by the Company on 25th May 2017.

BSE, vide mail dated 31st May 2017 mentioned that for the Quarter Ended 31st March 2017, the company had submitted the unaudited Consolidated and Standalone financial results and the Company is required to submit the Audited results for the said period.

In this regard, we are enclosing herewith the revised audited standalone and consolidated financial results for the quarter and year ended 31st March 2017.

Other figures and contents as given in the results submitted earlier remain the same.

02-Jun-2017 11:19 AM

Redington (India) Lt - Investor Presentation

This has reference to our communication dated 12th May 2017 intimating the details of the Analyst meet scheduled on 30th May 2017.

In this regard we are enclosing herewith the presentation made at the aforesaid Analysts meet.

31-May-2017 08:33 AM

Redington (India) Lt - Updated Investor Presentation

Pursuant to Regulation 30(2) and 46(2)(o) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we enclose herewith a copy of the updated Investor Presentation. The same shall be uploaded on our website www.redingtonindia.com

29-May-2017 11:00 AM

Corporate Details

About Management

Our Company was incorporated as G. Kewalram Private Limited on May 2, 1961 with the Registrar of Companies, Maharashtra. On December 9, 1981, the name of our Company was changed to Kewalram Private Limited and subsequently to Redington (India) Private Limited on April 28,1987. The registered office of our Company was transferred to Chennai, Tamil Nadu by the Company Law Board's order dated July 13, 1994. We changed our name to Redington (India) Limited with effect from on October 01, 1996 with the Registrar of Companies, Tamil Nadu on which date our Company became a public limited company. Subsequently, on January 10, 2002, the word "Private" was inserted in the name of our Company pursuant to Section 43A (2A). The word "private" was deleted from the name of our Company pursuant to Section 44 (a) of the Companies Act, 1956, and our Company became a public company with effect from March 15, 2002. Key events and milestones Year Key events, milestones and achievements 1993 .. Acquired the business of the Indian branch of Redington Pte Limited, Singapore .. Commenced branch operations in Western and Southern India .. Commenced distribution of Hewlett Packard IT products 1994 .. Commenced service operations for IT products .. Commenced distribution of Epson and Tripplite IT products .. Commenced distribution of Samsung monitors .. Commenced operations in Northern India 1995 .. Commenced operations in Eastern India .. Commenced distribution of Compaq and Philips products 1996 .. Commenced distribution of Intel products 1997 .. Tied-up with Microsoft for distribution of software products 1998 .. Tied-up with IBM, APC and Canon for distribution of their products 2000 .. Recognised as an `excellent service provider' by Hewlett Packard 2002 .. Commenced call centre operations for servicing Compaq's Presario range of products .. Ranked "best distributor - India' for the year 2002-2003 by Computer Associates 2003 .. Commenced distribution and servicing of Motorola mobile phones 2004 .. Ranked `best distributor in India' in the volumes business category by Microsoft for the year 2003-2004 2005 .. Acquired 100% shareholding of Redington Gulf FZE .. Commenced distribution of consumer durables .. Ranked `best distributor small and medium businesses - India' for the year 2004 by IBM .. Ranked `best national distributor' by Xerox .. Ranked `best distributor - enterprise storage' for the year 2004 by HP 2006 .. Acquired 100% shareholding of Redington Distribution Pte Limited .. Acquired 100% shareholding of Cadensworth (India) Private Limited .. Ranked `distributor of the year' for the Asia Pacific region in the year 2005 by CISCO .. Ranked `best growing distributor' for the year 2005-2006 by Acer 2007 -Redington India Ltd has entered into a Distributor Agreement with Apple Computer International Pvt Ltd., Bangalore (Apple Computer) for distribution of their range of products in India. 2008 - Redington India Ltd has informed that the Company has entered into a Distributor and Adobe Licensing Center agreement with Adobe Systems Software Ireland Ltd (Adobe) for distribution of their range of products in India. -Redington India Ltd has appointed Mr. N Srinivasan as an Additional Director of the Company. 2009 -Automated Distribution Center becomes operational in Chennai. -Foray into 3PL/4PL services. -Best Software Group Asia-Pacific VAD - IBM Software -Top Distributor Award in the East and West Region by CISCO -TSG Enterprise and Commercial Growth Award by HP Enterprise 2010 -Started micro distribution of IT through Nook Distribution -TUV NORD awarded ISO 9001:2008 certification for Chennai -TUV SUO Management Service GmbH has awarded ISO 9001:2008 certification for providing Support Services. -Best Distributor of the Year by NetApp. -Best sales performance award for APAC region by Kodak. -Best performing country in the Asia Pacific Region for HP Indigo Business. -Company has splits its Face value of Shares from Rs 10 to Rs 2 2011 -Entered into a Strategic relationship with EMC for distribution of their storage products through Cadensworth. -SMS&P Volume License Distributor of the Year -Intel Authorized Distributor 2011 -Distri Leader Recognition Award -Ricoh ties up with Redington India -Redington India appointed as National Distributor by Research in Motion for PlayBook Tablet 2012 -SMART Technologies Inc. has announced the appointment of Redington as an authorized distributor for SMART's business collaboration and interactive products. -Fortinet Appoints Redington as New Distributor in India -Redington India Acquires Sterling Technopolis IT Park -Dun and Bradstreet Award for Corporate Excellence at the Rolta Corporate Awards 2011 -Award of Excellence for BENQ projector business. -Best after sales support -Editor's choice among National distributors from ITPV -Started carrying out Supply Chain Management business independently, through a Wholly Owned Subsidiary, ProConnect Supply Chain Solutions Ltd. 2013 -Redington (India) Ltd Tie up with CtrlS Datacenters Limited for cloud computing products. -Redington India collaborates with Amazon for distribution of Kindle devices. -Redington ties up with Palo Alto as a National distributor for Network Security products. 2014 -Vaultize (www.vaultize.com) announced signing of Master Reseller Agreement with Redington to expand and strengthen its India channel. -Barracuda appoints Redington as national distributor in India. -Redington have recommended a dividend of Rs. 0.90 per Equity share of Rs. 2/- each. 2015 -Redington to merge Nook Micro Distribution with itself -The Company has Tie-up with Xiaomi for distribution of their Smartphones 2016 -Redington (India) "Update on Acquisition of additional stake in Linkplus, Turkey by Overseas Subsidiary Company".

Registered Office

SPL Guindy House, 95, Mount Road

044-42243353,,,      044-22253799,

investors@redington.co.in

http://www.redingtonindia.com

Registrar Details

Cameo Corporate Services Ltd.