Buy Redington (India); target of Rs 213: Prabhudas Lilladher
Prabhudas Lilladher is bullish on Redington (India) has recommended buy rating on the stock with a target price of Rs 213 in its research report dated November 10, 2021.10-11-2021
10-11-2021
Redington (India) Ltd - 532805 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
This is further to our letter dated November 2, 2021 intimating the details of Investor/Analyst call on the unaudited financial results for the quarter and half year ended September 30, 2021 scheduled on November 9, 2021. In this regard, we wish to inform you that the audio recording of the aforesaid call held yesterday is made available on the Company's website.10-11-2021
Q2FY22 Quarterly Result Announced for Redington (India) Ltd.
Highlights: On a Global basis, Revenue grew by 11% while EBITDA grew by 47% and PAT grew by 73% India – Revenue grew by 30%, EBITDA grew by 65% and PAT grew by 85% Overseas – Revenue degrew by 0.4%, EBITDA grew by 36% and PAT grew by 65% On a Global basis, Revenue grew by 17% while EBITDA grew by 52% and PAT grew by 105% India – Revenue grew by 41%, EBITDA degrew by 76% and PAT grew by 154% Overseas – Revenue grew by 5%, EBITDA grew by 38% and PAT grew by 81% Strong positive FCF generation of Rs. 10,583mn for Q2FY22 and Rs.7,415mn for H1FY22 On a Global basis, WC days for Q2FY22 is 7 days and H1FY22 is 8 days On a Global basis, for the quarter, ROCE is 74.6% and ROE is 23.8% Gross Debt to Equity is at 0.07x and Net Debt to Equity is at (0.69x) Result PDF10-11-2021
REDINGTON (INDIA) LTD. - 532805 - Announcement under Regulation 30 (LODR)-Investor Presentation
Announcement under Regulation 30 - Investor presentation09-11-2021
REDINGTON (INDIA) LTD. - 532805 - Financial Results For The Quarter And Half Year Ended September 30, 2021
Financial results for the quarter and half year ended September 30, 202109-11-2021
REDINGTON (INDIA) LTD. - 532805 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we wish to inform you that Analyst/Investors conference call on the unaudited financial results for the quarter and half year ended September 30, 2021 is scheduled to be held on November 9, 2021.02-11-2021
REDINGTON (INDIA) LTD. - 532805 - Board Meeting Intimation for Consideration Of Unaudited Financial Results For The Quarter And Half Year Ended September 30, 2021.
REDINGTON (INDIA) LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/11/2021 ,inter alia, to consider and approve unaudited financial results for the quarter and half year ended September 30, 2021.26-10-2021
Redington (India) Ltd - 532805 - Shareholding for the Period Ended September 30, 2021
Redington (India) Ltd has submitted to BSE the Shareholding Pattern for the Period Ended September 30, 2021. For more details, kindly Click here21-10-2021
REDINGTON (INDIA) LTD. - 532805 - Statement Of Investor Complaints For The Quarter Ended September 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 0550 Name of the Signatory :- M MuthukumarasamyDesignation :- Company Secretary and Compliance Officer21-10-2021
Redington (India) Ltd - 532805 - Statement Of Investor Complaints For The Quarter Ended September 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 0550 Name of the Signatory :- M MuthukumarasamyDesignation :- Company Secretary and Compliance Officer21-10-2021