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Commentary (9 May 2024 @ 05:59):

Redington (India) Limited provides supply chain solutions for information technology products, telecom, lifestyle, healthcare, and solar products in India and internationally...

Stats
Today's Volume	943 175
Average Volume	2.78M
Market Cap	158.15B
EPS	INR0 ( 2024-02-05 )
Next earnings date	( INR3.10 ) 2024-05-13
Last Dividend	INR7.20 ( 2023-07-06 )
Next Dividend	INR0 ( N/A )
P/E	13.14
ATR14	INR0.231 (0.11%)

Volume Correlation

Long: 0.08 (neutral)

Short: -0.47 (neutral)

Signal:(47.055) Neutral

Redington (India) Limited Correlation

10 Most Positive Correlations

10 Most Negative Correlations

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Redington (India) Limited Correlation - Currency/Commodity

-0.33
( neutral )

0.31
( neutral )

-0.59
( weak negative )

0.23
( neutral )

-0.18
( neutral )

0.28
( neutral )

Redington (India) Limited Financials

Annual	2022
Revenue:	INR793.77B
Gross Profit:	INR35.76B (4.50 %)
EPS:	INR17.82

FY	2022
Revenue:	INR793.77B
Gross Profit:	INR35.76B (4.50 %)
EPS:	INR17.82

FY	2022
Revenue:	INR626.12B
Gross Profit:	INR29.12B (4.65 %)
EPS:	INR16.40

FY	2021
Revenue:	INR569.46B
Gross Profit:	INR22.66B (3.98 %)
EPS:	INR9.72

Financial Reports:

No articles found.

Redington (India) Limited Dividends

(Q3/22)	(Q4/22)	(Q1/23)	(Q2/23)	(Q3/23)	(Q4/23)	(Q1/24)	(Q2/24)	(Q3/24)	(Q4/24)
INR6.60 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)	INR7.20 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)

Redington (India) Limited Dividend Information - Dividend Knight

Dividend Sustainability Score: 2.78 - low (50.00%) | Divividend Growth Potential Score: 5.63 - Stable (12.69%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information

First Dividend	INR0.250	2007-07-18
Last Dividend	INR7.20	2023-07-06
Next Dividend	INR0	N/A
Payout Date	0000-00-00
Next Payout Date	N/A
# dividends	21	--
Total Paid Out	INR35.15	--
Avg. Dividend % Per Year	3.28%	--
Score	3.28	--
Div. Sustainability Score	2.78
Div.Growth Potential Score	5.63
Div. Directional Score	4.21	--

Next Divdend (Est)
(2024-05-27)

INR8.01 Estimate 3.19 %

Dividend Stability

0.26 Very Poor

Dividend Score

3.28

Pay Frequency

Annually

Yearly Payout

Year	Amount	Yield
2007	INR0	0.00%
2008	INR0	0.00%
2009	INR0	0.00%
2010	INR0	0.00%
2011	INR0	0.00%
2012	INR0	0.00%
2013	INR0	0.00%
2014	INR0	0.00%
2015	INR0	0.00%
2016	INR0	0.00%
2017	INR0	0.00%
2018	INR1.200	1.78%
2019	INR5.70	12.90%
2020	INR1.400	2.39%
2021	INR6.00	8.99%
2022	INR6.60	4.50%
2023	INR7.20	3.84%
2024	INR0	0.00%

Dividend Commentary

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Top 10 dividend Companies for NSE

Symbol	Title	Last dividend	Frequency	Years Dividend	Yearly Dividend
PONNIERODE.NS	Dividend Junior	2023-06-08	Annually	20	1.08%
JSWSTEEL.NS	Dividend Junior	2023-07-11	Annually	20	1.70%
DOLLAR.NS	Dividend Junior	2023-07-27	Annually	8	0.54%
AARVI.NS	Dividend Knight	2023-09-15	Annually	7	1.38%
SPIC.NS	Dividend Junior	2023-09-20	Annually	3	0.70%
MOTHERSON.NS	Dividend Junior	2023-08-11	Annually	23	0.63%
HERITGFOOD.NS	Dividend Junior	2023-08-14	Annually	23	0.44%
BIKAJI.NS	Dividend Junior	2023-06-08	Insufficient data to determine frequency	2	0.06%
RATNAMANI.NS	Dividend Junior	2023-07-27	Annually	19	0.72%
KOPRAN.NS	Dividend Junior	2023-09-07	Annually	5	1.18%

Dividend Sustainability Score (DSS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
netProfitMarginTTM	0.0136	1.500	9.73	10.00	[0 - 0.5]
returnOnAssetsTTM	0	1.200	0	0	[0 - 0.3]
returnOnEquityTTM	0.170	1.500	9.22	10.00	[0.1 - 1]
payoutRatioTTM	0	-1.000	0	0	[0 - 1]
currentRatioTTM	0	0.800	-5.00	-4.00	[1 - 3]
quickRatioTTM	0	0.800	-4.71	-3.76	[0.8 - 2.5]
cashRatioTTM	0	1.500	-1.111	-1.667	[0.2 - 2]
debtRatioTTM	0	-1.500	0	0	[0 - 0.6]
interestCoverageTTM	5.27	1.000	9.16	9.16	[3 - 30]
operatingCashFlowPerShareTTM	4.41	2.00	8.53	10.00	[0 - 30]
freeCashFlowPerShareTTM	4.41	2.00	7.80	10.00	[0 - 20]
debtEquityRatioTTM	0	-1.500	0	0	[0 - 2.5]
grossProfitMarginTTM	0.0428	1.000	-2.62	-2.62	[0.2 - 0.8]
operatingProfitMarginTTM	0.0220	1.000	-1.559	-1.559	[0.1 - 0.6]
cashFlowToDebtRatioTTM	0	1.000	-1.111	-1.111	[0.2 - 2]
assetTurnoverTTM	0	0.800	-3.33	-2.67	[0.5 - 2]
Total Score				2.78

Dividend Growth Score (DGS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
peRatioTTM	13.40	1.000	8.75	0	[1 - 100]
returnOnEquityTTM	0.170	2.50	9.50	10.00	[0.1 - 1.5]
freeCashFlowPerShareTTM	4.41	2.00	8.53	10.00	[0 - 30]
dividendYielPercentageTTM	3.49	1.500	10.00	0	[0 - 0.4]
operatingCashFlowPerShareTTM	4.41	2.00	8.53	10.00	[0 - 30]
payoutRatioTTM	0	1.500	0	0	[0 - 1]
pegRatioTTM	0.617	1.500	9.22	0	[0.5 - 2]
operatingCashFlowSalesRatioTTM	0.00388	1.000	-2.40	0	[0.1 - 0.5]
Total Score				5.63

Redington (India) Limited

Redington (India) 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.

Realtime updates for Redington (India) Limited [REDINGTON.NS]

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Redington (India) Limited Dividend Information - Dividend Knight

Dividend Commentary

Top 10 dividend Companies for NSE

Dividend Sustainability Score (DSS)

Dividend Growth Score (DGS)