₹371.0
-0.74% today
· 30d +5.83%
as of 2026-09-04
Price · Daily Candles
“Redington's Q2 earnings soar, propelling stock as FIIs increase stake despite high volatility.”
Redington reported a robust Q2 2026, with net profit surging 94.65% YoY to ₹453 Cr and revenue up 34.57% YoY to ₹34,922 Cr. The stock has seen a 25.31% return in the last week, approaching its 52-week high, while FIIs increased their holding by 0.47% QoQ.
BULL CASE
+Q2 2026 net profit exploded 94.65% YoY to ₹453 Cr, significantly outpacing revenue growth.
+Quarterly revenue for Q2 2026 climbed 34.57% YoY to ₹34,922 Cr, indicating strong top-line performance.
+FIIs increased their shareholding by 0.47% QoQ to 61.96% as of June 2026.
+The stock has delivered strong short-term returns, including 25.31% in the last week and 60.16% over the past three months.
BEAR CASE
−The stock is trading at a significant premium to its intrinsic value, with a margin of safety of -10.0%.
−ML growth predictions for EBIT are weak across recent, rolling, and stable periods (ranks 0.778, 0.644, 0.663 respectively) suggesting challenges in operational profitability.
−DIIs reduced their stake by 0.75% QoQ to 16.37% in the June 2026 quarter.
−The stock exhibits high volatility with a beta of 1.91.
⟳ What Changed
₹ Latest Earnings · Q ending 2026-06-30
REVENUE
₹34922 Cr
+34.57% YoY
NET PROFIT
₹453 Cr
+94.65% YoY
OPM
2.15%
+0.42pp YoY
EPS
₹6.22
PE 15.9
Intrinsic value · DCF: N/A — ML model predicts severe Δ FCF compression (h1=+1.0%, h2=+1.9%, h3=-3.5% of mktcap), driving projected FCF negative by year 3 despite healthy current FCF. Treating as forecast outlier rather than reporting a misleading ₹0 valuation. Use the Strategy Fit and ML sections instead.
◇ Sector Position
Redington, with a TTM PE of 15.9 and a ROCE of 17.0%, trades at a lower valuation than sector giants like TCS (PE 17.62, ROCE 60.1%) but below industry average profitability.
PEERPEROCE %
REDINGTON15.917.0
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ML Forward Growth Predictions 🔒
62
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
STRONG
100
Valuation
CHEAP
75
Growth
STEADY
50
Profitability
DECENT
55
Technicals
NEUTRAL
63
Risk
ELEVATED
30
Key Stats
TTM PE
15.9
P/B
2.68
52W HIGH
₹378.8
OFF HIGH
-2.06%
DIV YIELD
1.72%
MKT CAP
₹29151 Cr
◉ Active Signals
MACDNeutral-0.3314
RSI(14)Bullish63.94
Near 52W HighBullish-2.06
Street Consensus
3 analysts₹379.67
mean target
Low ₹350.0Now ₹371.0High ₹409.0
⧉ Strategy Fit 🔒