Redington Limited (REDINGTON) - Net Assets
Based on the latest financial reports, Redington Limited (REDINGTON) has net assets worth Rs104.24 Billion INR (≈ $1.13 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs338.39 Billion ≈ $3.66 Billion USD) and total liabilities (Rs234.15 Billion ≈ $2.53 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check REDINGTON intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs104.24 Billion |
| % of Total Assets | 30.8% |
| Annual Growth Rate | 17.79% |
| 5-Year Change | 70.67% |
| 10-Year Change | 197.03% |
| Growth Volatility | 15.86 |
Redington Limited - Net Assets Trend (2005–2026)
This chart illustrates how Redington Limited's net assets have evolved over time, based on quarterly financial data. See Redington Limited (REDINGTON) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Redington Limited (2005–2026)
The table below shows the annual net assets of Redington Limited from 2005 to 2026. For live valuation and market cap data, see Redington Limited (REDINGTON) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs104.24 Billion ≈ $1.13 Billion |
+13.34% |
| 2025-03-31 | Rs91.97 Billion ≈ $994.64 Million |
+16.98% |
| 2024-03-31 | Rs78.62 Billion ≈ $850.24 Million |
+7.80% |
| 2023-03-31 | Rs72.93 Billion ≈ $788.73 Million |
+19.41% |
| 2022-03-31 | Rs61.08 Billion ≈ $660.52 Million |
+14.99% |
| 2021-03-31 | Rs53.11 Billion ≈ $574.42 Million |
+13.25% |
| 2020-03-31 | Rs46.90 Billion ≈ $507.22 Million |
+10.34% |
| 2019-03-31 | Rs42.51 Billion ≈ $459.69 Million |
+9.29% |
| 2018-03-31 | Rs38.89 Billion ≈ $420.62 Million |
+10.83% |
| 2017-03-31 | Rs35.09 Billion ≈ $379.53 Million |
+5.81% |
| 2016-03-31 | Rs33.17 Billion ≈ $358.69 Million |
+28.55% |
| 2015-03-31 | Rs25.80 Billion ≈ $279.04 Million |
+16.87% |
| 2014-03-31 | Rs22.08 Billion ≈ $238.75 Million |
+22.85% |
| 2013-03-31 | Rs17.97 Billion ≈ $194.34 Million |
+26.79% |
| 2012-03-31 | Rs14.17 Billion ≈ $153.28 Million |
-7.35% |
| 2011-03-31 | Rs15.30 Billion ≈ $165.45 Million |
+16.25% |
| 2010-03-31 | Rs13.16 Billion ≈ $142.32 Million |
+5.83% |
| 2009-03-31 | Rs12.44 Billion ≈ $134.48 Million |
+72.36% |
| 2008-03-31 | Rs7.21 Billion ≈ $78.03 Million |
+15.33% |
| 2007-03-31 | Rs6.26 Billion ≈ $67.66 Million |
+44.53% |
| 2006-03-31 | Rs4.33 Billion ≈ $46.81 Million |
+29.28% |
| 2005-03-31 | Rs3.35 Billion ≈ $36.21 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Redington Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs1.56 Billion | 1.54% |
| Other Components | Rs100.04 Billion | 98.46% |
| Total Equity | Rs101.61 Billion | 100.00% |
Redington Limited Competitors by Market Cap
The table below lists competitors of Redington Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Kingstar Winning Software
SHE:300253
|
$2.30 Billion |
|
CSG Systems International Inc
NASDAQ:CSGS
|
$2.30 Billion |
|
SOC.BIC UNS.ADR1/2/EO382
F:BIF0
|
$2.30 Billion |
|
Luxin Venture Capital Group Co Ltd
SHG:600783
|
$2.30 Billion |
|
Talos Energy
NYSE:TALO
|
$2.30 Billion |
|
CA Immobilien Anlagen AG
VI:CAI
|
$2.30 Billion |
|
Auren Energia S.A.
SA:AURE3
|
$2.30 Billion |
|
Embotelladora Andina S.A
NYSE:AKO-B
|
$2.30 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Redington Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 87,210,400,000 to 101,607,300,000, a change of 14,396,900,000 (16.5%).
- Net income of 14,902,200,000 contributed positively to equity growth.
- Dividend payments of 5,316,100,000 reduced retained earnings.
- Other comprehensive income decreased equity by 9,523,400,000.
- Other factors increased equity by 14,334,200,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs14.90 Billion | +14.67% |
| Dividends Paid | Rs5.32 Billion | -5.23% |
| Other Comprehensive Income | Rs-9.52 Billion | -9.37% |
| Other Changes | Rs14.33 Billion | +14.11% |
| Total Change | Rs- | 16.51% |
Book Value vs Market Value Analysis
This analysis compares Redington Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.09x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 49.73x to 2.09x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | Rs5.47 | Rs271.95 | x |
| 2006-03-31 | Rs7.12 | Rs271.95 | x |
| 2007-03-31 | Rs9.45 | Rs271.95 | x |
| 2008-03-31 | Rs9.27 | Rs271.95 | x |
| 2009-03-31 | Rs12.87 | Rs271.95 | x |
| 2010-03-31 | Rs13.58 | Rs271.95 | x |
| 2011-03-31 | Rs14.95 | Rs271.95 | x |
| 2012-03-31 | Rs16.57 | Rs271.95 | x |
| 2013-03-31 | Rs20.52 | Rs271.95 | x |
| 2014-03-31 | Rs25.29 | Rs271.95 | x |
| 2015-03-31 | Rs29.69 | Rs271.95 | x |
| 2016-03-31 | Rs36.87 | Rs271.95 | x |
| 2017-03-31 | Rs39.37 | Rs271.95 | x |
| 2018-03-31 | Rs44.13 | Rs271.95 | x |
| 2019-03-31 | Rs49.23 | Rs271.95 | x |
| 2020-03-31 | Rs55.37 | Rs271.95 | x |
| 2021-03-31 | Rs63.32 | Rs271.95 | x |
| 2022-03-31 | Rs74.07 | Rs271.95 | x |
| 2023-03-31 | Rs88.62 | Rs271.95 | x |
| 2024-03-31 | Rs96.57 | Rs271.95 | x |
| 2025-03-31 | Rs111.56 | Rs271.95 | x |
| 2026-03-31 | Rs129.96 | Rs271.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Redington Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.67%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.25%
- • Asset Turnover: 3.52x
- • Equity Multiplier: 3.33x
- Recent ROE (14.67%) is below the historical average (16.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 12.75% | 1.05% | 5.31x | 2.29x | Rs91.37 Million |
| 2006 | 17.17% | 1.09% | 4.97x | 3.16x | Rs310.51 Million |
| 2007 | 16.26% | 1.12% | 5.14x | 2.82x | Rs391.35 Million |
| 2008 | 18.86% | 1.25% | 4.91x | 3.07x | Rs639.25 Million |
| 2009 | 15.93% | 1.26% | 4.19x | 3.01x | Rs594.42 Million |
| 2010 | 17.14% | 1.34% | 3.79x | 3.38x | Rs767.58 Million |
| 2011 | 19.00% | 1.35% | 3.34x | 4.20x | Rs1.07 Billion |
| 2012 | 22.14% | 1.38% | 3.84x | 4.17x | Rs1.60 Billion |
| 2013 | 19.69% | 1.34% | 3.70x | 3.98x | Rs1.59 Billion |
| 2014 | 16.66% | 1.21% | 3.82x | 3.62x | Rs1.35 Billion |
| 2015 | 16.28% | 1.22% | 3.76x | 3.53x | Rs1.49 Billion |
| 2016 | 14.36% | 1.19% | 3.37x | 3.57x | Rs1.29 Billion |
| 2017 | 14.75% | 1.13% | 4.05x | 3.22x | Rs1.49 Billion |
| 2018 | 13.64% | 1.16% | 3.83x | 3.08x | Rs1.29 Billion |
| 2019 | 13.00% | 1.09% | 3.75x | 3.18x | Rs1.17 Billion |
| 2020 | 11.96% | 1.00% | 3.51x | 3.40x | Rs843.25 Million |
| 2021 | 15.35% | 1.33% | 3.91x | 2.95x | Rs2.64 Billion |
| 2022 | 22.12% | 2.04% | 3.40x | 3.18x | Rs7.01 Billion |
| 2023 | 20.10% | 1.76% | 3.41x | 3.36x | Rs7.00 Billion |
| 2024 | 16.14% | 1.36% | 3.66x | 3.23x | Rs4.64 Billion |
| 2025 | 18.40% | 1.62% | 3.60x | 3.16x | Rs7.33 Billion |
| 2026 | 14.67% | 1.25% | 3.52x | 3.33x | Rs4.74 Billion |
Industry Comparison
This section compares Redington Limited's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,288,686,160
- Average return on equity (ROE) among peers: 67.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Redington Limited (REDINGTON) | Rs104.24 Billion | 12.75% | 2.25x | $2.30 Billion |
| AAA Technologies Limited (AAATECH) | $48.50 Million | 20.61% | 1.07x | $13.64 Million |
| Accelya Solutions India Limited (ACCELYA) | $1.13 Billion | 73.39% | 0.92x | $184.28 Million |
| Adroit Infotech Limited (ADROITINFO) | $62.35 Million | -0.08% | 1.33x | $5.85 Million |
| Airan Limited (AIRAN) | $188.59 Million | 6.62% | 0.62x | $22.00 Million |
| Alankit Limited (ALANKIT) | $469.05 Million | 28.31% | 0.66x | $25.37 Million |
| Bartronics India Limited (ASMS) | $254.08 Million | 433.82% | 0.09x | $26.22 Million |
| BIRLASOFT LIMITED (BSOFT) | $2.64 Billion | 19.89% | 0.66x | $982.78 Million |
| Computer Age Management Services Limited (CAMS) | $5.16 Billion | 39.80% | 0.63x | $2.23 Billion |
| Cigniti Technologies Limited (CIGNITITEC) | $2.67 Billion | 45.50% | 0.80x | $374.23 Million |
| Cambridge Technology Enterprises Limited (CTE) | $258.77 Million | 4.28% | 0.23x | $6.62 Million |
About Redington Limited
Redington Limited distributes information technology, mobility, and other technology products in India, the Middle East, Turkey, Africa, and South Asian countries. It provides 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 display… Read more