Redington Share Price Target 2027: Is Rs 405 Realistic? Bull Case Points to Rs 491

Investors weighing a Redington target price for 2027 should start with where the stock sits today. At Rs 358.95 on 5 November 2026, it is 14.4% below its 52-week high of Rs 419.50 and 87.6% above its 52-week low of Rs 191.31. That range spans 119% from low to high, so the entry point matters as much as the Redington price forecast itself.

This article builds the Redington share price target from reported numbers only: five years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario states its assumptions, so you can trace how the base case, the bull case and the downside risk level were reached and test them against your own view.

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Redington Stock Analysis: Company Overview and Key Stats

Redington (NSE: REDINGTON) has a market capitalisation of Rs 28,660 crore. In FY26 it reported revenue of Rs 1,19,347 crore and net profit of Rs 1,284 crore. The table collects the figures the Redington share price target is built on.

Metric	Value
Company	Redington
NSE Ticker	REDINGTON
CMP (5 November 2026)	Rs 358.95
52-Week High	Rs 419.50
52-Week Low	Rs 191.31
Market Cap	Rs 28,660 crore
PE Ratio (TTM)	19.04
Industry PE	45.21
Price to Book	2.82
Return on Equity	14.67%
Debt to Equity	0.28
EPS (TTM)	Rs 19.25
Dividend Yield	1.64%
12-Month Base Target	Rs 405
Bull Case	Rs 491
Downside Risk Level (not a target)	Rs 293

Why Is Redington Share Price Target Set at Rs 405 for 2027?

The arithmetic is short. Trailing EPS of Rs 19.25 grown for one year gives a forward EPS estimate of Rs 21.28, and multiplying it by the unchanged PE of 19.04 gives the Rs 405 base-case Redington stock target. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.

Earnings Growth Behind the Redington Target Price: Five Years of Results

Redington grew revenue from Rs 62,732 crore in FY22 to Rs 1,19,347 crore in FY26, a compound annual growth rate of 17.4%. Net profit grew more slowly, from Rs 1,315 crore to Rs 1,284 crore (-0.6% a year), which points to margin pressure alongside the sales growth.

Financial Year	Revenue (Rs Cr)	Net Profit (Rs Cr)	EPS (Rs)	Dividend per Share (Rs)
FY22	62,731.57	1,314.87	16.39	6.60
FY23	79,518.71	1,439.39	17.81	7.20
FY24	89,609.55	1,238.61	15.59	6.20
FY25	99,561.72	1,820.62	20.53	6.80
FY26	1,19,347.43	1,284.15	19.06	6.00

FY26 revenue growth was 19.9%, faster than the four-year average of 17.4%, and net profit moved down 29.5%. EPS rose from Rs 15.59 in FY24 to Rs 19.06 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.

Margins and the Latest Quarter

Redington converted 1.1% of FY26 revenue into net profit, against 1.8% in FY25, within a five-year range of 1.1% to 2.1%. EBITDA margin was 1.9% in FY26 versus 2.9% in FY25.

In the September 2026 quarter, revenue was Rs 43,002 crore, up 47.7% from the same quarter a year earlier, while net profit of Rs 422.51 crore was up 20.6%. EBITDA came in at Rs 893.63 crore, up 41.5% year on year. The next quarterly result is the first test of whether the earnings assumption holds.

Balance Sheet and Cash Flow

Debt to equity stands at 0.28, and shareholders' equity grew from Rs 6,108 crore in FY22 to Rs 10,424 crore in FY26. Operating cash flow in FY26 was Rs 231.35 crore against capital expenditure of Rs 182.44 crore, leaving free cash flow of Rs 48.91 crore, or 0.2% of the current market capitalisation. In FY25 free cash flow was Rs 129.45 crore.

Valuation Check for the Redington Stock Target: PE, Price to Book and ROE

At a PE of 19.04 against an industry PE of 45.21, Redington trades at a discount to its industry. Price to book is 2.82 on a book value of Rs 129.97 per share, and return on equity is 14.67%. A PE of 19.04 equals an earnings yield of 5.3%, and the FY26 dividend of Rs 6.00 per share gives a yield of 1.64%.

Shareholding Pattern and Institutional Holding

The latest filing shows no promoter holding in Redington, so ownership rests with institutions and public shareholders. Foreign institutional investors (FII) held 63.43% and domestic institutions (DII) held 16.00%, which puts total institutional holding at 79.43%. FII holding rose from 61.82% in September 2025 to 63.43% in September 2026. Public shareholders own the remaining 20.56%. A meaningful institutional holding adds a layer of research coverage and trading depth.

Redington Share Price Targets for the Short Term and 12 Months

Short Term Redington Stock Target Levels: Technical Setup

At Rs 358.95 on 5 November 2026, Redington trades below its 50-day simple moving average of Rs 378.46 and above its 200-day exponential moving average of Rs 310.83. The 14-day RSI reads 39.0, which is neutral territory, and the MACD line sits below its signal line. The nearest resistance level is Rs 378.46 (50-day simple moving average) and the nearest support is Rs 310.83 (200-day exponential moving average). A sustained move above Rs 378.46 would improve the short-term setup, while a close below Rs 310.83 would shift attention to the next support.

12 Month Redington Target Price for 2027

The 12-month target of Rs 405 means a move of 12.8% up from Rs 358.95 over the next 12 months. It would still leave the stock 3.5% below its 52-week high of Rs 419.50.

How EPS Growth and PE Multiple Change the Redington Target Price

EPS Growth	PE 15.23	PE 19.04	PE 21.90
0.0% (EPS Rs 19.25)	Rs 293	Rs 367	Rs 422
10.6% (EPS Rs 21.28)	Rs 324	Rs 405	Rs 466
16.6% (EPS Rs 22.44)	Rs 342	Rs 427	Rs 491

Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the Redington price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.

Bull Case and Downside Risk for Redington Stock Target in 2027

Bull Case Rs 491

The bull case Redington price target needs EPS growth of 16.6%, which lifts forward EPS to Rs 22.44, and a PE multiple that rises 15% to 21.90. That gives Rs 491, 36.8% above the current price and above the 52-week high of Rs 419.50, so the stock would have to set a fresh 52-week high.

Downside Risk Level Rs 293

The downside risk level is not a target. It assumes EPS stays flat at Rs 19.25 and the PE falls 20% to 15.23. That gives Rs 293, 18.4% below the current price and above the 52-week low of Rs 191.31.

Scenario	EPS Growth	PE Multiple	Price (Rs)	Change vs CMP
Bull Case	16.6%	21.90	Rs 491	+36.8%
Base Case	10.6%	19.04	Rs 405	+12.8%
Downside Risk	0.0%	15.23	Rs 293	-18.4%

Key Risks to the Redington Target Price for 2027

Growth Slowdown Risk for the Redington Price Target

Revenue in the September 2026 quarter was up 47.7% year on year, and FY26 revenue growth was 19.9%. If growth slows from here, the EPS estimate behind the Redington stock target will need revising.

Liquidity and Size Risk

Redington has a market capitalisation of Rs 28,660 crore. Institutional holding is 79.43%, and the latest filing shows no promoter holding. Stocks of this size are usually liquid, though exits can take longer than entries when the market is falling.

Valuation and Margin Risk

Net margin was 1.1% in FY26, so a small slip in costs moves profit noticeably. At a PE of 19.04 versus an industry PE of 45.21, a de-rating toward the downside-risk PE of 15.23 would cut the price even if earnings hold.

Market and Technical Risk

Technical indicators add short-term risk: the 14-day RSI is 39.0 and the MACD sits below its signal line. A broad fall in the Nifty 50 or the Sensex can override company fundamentals for weeks at a time.

How to Invest in Redington

Start with the live price and volume. Any Redington share price target is only as current as the data behind it, and the data here is as of 5 November 2026, so refresh the Rs 358.95 price before acting on any level.

Next, review the fundamentals yourself. The Univest Screener lets you check Redington's PE, ROE, debt and shareholding in one place.

Check Redington fundamentals on the Univest Screener

Then compare the three Redington target price scenarios with your own view. If you expect EPS growth below 10.6%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.

Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.

Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.

Download the Univest iOS App or Univest Android App to track Redington live price and get daily stock recommendations.

Conclusion

The Redington share price target for 2027 is Rs 405 in the base case, with Rs 491 as the bull case. The support for that view is arithmetic you can check: EPS grew 10.6% a year over FY24 to FY26, and the stock trades at a PE of 19.04. The risks are equally concrete, including a net margin of just 1.1% that leaves profit sensitive to costs and a downside scenario that cuts the price 18% if earnings stall. Use these numbers as a framework, check them against the latest filings, and size any position to your own risk appetite.

FAQs on Redington Share Price Target 2027

What is the Redington share price target for 2027?

Ans. The base-case Redington share price target for 2027 is Rs 405, which is 12.8% above the price of Rs 358.95 on 5 November 2026. The bull case is Rs 491 and the downside risk level, which is not a target, is Rs 293. All three come from one method: forward EPS multiplied by a PE multiple, using only reported results. They are model estimates and not guaranteed outcomes, and the next quarterly result is the first check on the EPS assumption.

What is the Redington share price today?

Ans. As of 5 November 2026, 11:37 AM IST, Redington (NSE: REDINGTON) trades at Rs 358.95, down 2.13% on the day. That is 14.4% below the 52-week high of Rs 419.50 and 87.6% above the 52-week low of Rs 191.31. The market capitalisation of Rs 28,660 crore places it among mid-cap stocks. Prices change through the trading session, so check the live quote before acting on any level in this article.

Is Redington a buy or sell at the current price?

Ans. The data points both ways. On the positive side, EPS has grown 10.6% a year over FY24 to FY26 and the base case implies 12.8% upside; on the cautious side, the net margin is a thin 1.1%, and the downside risk level of Rs 293 is 18% below the current price. Whether Redington fits your portfolio depends on your time horizon, position size and risk appetite. Consult a SEBI-registered advisor before investing, as this article is not investment advice.

What are the bull case target and downside risk level for Redington shares?

Ans. The bull case in the Redington share price target for 2027 is Rs 491, which assumes 16.6% EPS growth and a PE of 21.90, a 15% re-rating from today's multiple. That is 36.8% above the current price and above the 52-week high of Rs 419.50, so the stock would have to set a fresh 52-week high. The downside risk level is Rs 293, which assumes flat EPS and a PE of 15.23, 20% lower than today. It sits 18.4% below the current price and above the 52-week low of Rs 191.31, and it marks a risk to watch, not a target.

What are the main risks to the Redington price target?

Ans. Four risks matter most for the Redington share price target: slower revenue or profit growth, a PE de-rating, thin liquidity or size risk, and weakness in the broader market. With a market capitalisation of Rs 28,660 crore, the stock is usually liquid, though exits can take longer than entries in a falling market. A fall to the downside-risk PE of 15.23 would cut the price even if earnings hold.

What is the PE ratio of Redington and how does it compare with the industry?

Ans. The PE ratio of Redington is 19.04, against an industry PE of 45.21, which is a discount to the industry. Price to book is 2.82 and return on equity is 14.67%, and the PE equals an earnings yield of 5.3%. The base case holds the PE unchanged, so the Redington share price target moves only with earnings, while the bull and downside scenarios change the multiple by +15% and -20%.

Who owns Redington, and what is the promoter holding?

Ans. The latest filing shows no promoter holding in Redington. FII held 63.43%, DII held 16.00% and the public held 20.56%. Together the two institutional groups hold 79.43%. Shareholding is filed every quarter, so it is worth rechecking after each result.

What were Redington's latest quarterly results?

Ans. In the September 2026 quarter, Redington reported revenue of Rs 43,002 crore (up 47.7% year on year) and net profit of Rs 422.51 crore (up 20.6%). For comparison, FY26 full-year revenue growth was 19.9% and net profit moved down 29.5%. Each new quarter either supports or weakens the EPS growth of 10.6% assumed in the base case.