Redington Limited (NSE: REDINGTON)

Redington Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	17,140	16,121	18,589	32,895	29,386	23,435
Short-Term Investments	-	2	1,136	3,573	5,677	443.5
Cash & Short-Term Investments	17,140	16,123	19,724	36,468	35,062	23,879
Cash Growth	34.74%	-18.26%	-45.91%	4.01%	46.83%	133.30%
Accounts Receivable	158,407	139,355	120,311	86,761	68,015	70,328
Other Receivables	-	5,520	6,625	4,028	2,697	2,438
Receivables	158,407	144,875	126,937	90,789	70,711	72,786
Inventory	66,298	66,528	70,853	43,830	29,021	36,728
Prepaid Expenses	-	1,336	755.8	719.3	495.9	431.8
Other Current Assets	9,664	2,758	3,106	1,857	1,790	2,712
Total Current Assets	251,509	231,620	221,375	173,664	137,081	136,537
Property, Plant & Equipment	4,256	4,460	4,883	4,383	3,244	4,044
Goodwill	943.1	859.8	850	617	183	183.8
Other Intangible Assets	3,098	3,227	3,049	2,855	2,630	3,031
Long-Term Accounts Receivable	18.4	44.5	139.7	29.1	38.3	37.6
Long-Term Deferred Tax Assets	1,187	885.1	453.8	384.8	311.2	299.5
Other Long-Term Assets	4,075	2,839	2,082	2,227	2,131	2,430
Total Assets	265,086	243,937	232,832	184,159	145,619	146,562
Accounts Payable	151,535	118,687	109,711	101,542	73,000	62,752
Accrued Expenses	-	355.2	7,409	3,613	3,567	2,267
Short-Term Debt	-	27,612	30,769	5,347	4,343	8,653
Current Portion of Long-Term Debt	15,538	70	-	79.7	60.8	16,722
Current Portion of Leases	547.8	694.9	726.6	597.2	545.2	727
Current Income Taxes Payable	2,308	2,000	2,166	1,666	1,424	935.4
Current Unearned Revenue	-	-	131.9	86.1	522.6	63.3
Other Current Liabilities	13,241	12,660	5,425	6,090	6,409	4,597
Total Current Liabilities	183,171	162,081	156,338	119,021	89,871	96,715
Long-Term Debt	234.5	387.3	504.6	901.4	45.6	-
Long-Term Leases	923.7	817.6	1,208	1,383	1,224	1,645
Long-Term Deferred Tax Liabilities	77.4	68.5	55.2	84.7	27.5	49
Other Long-Term Liabilities	2,075	261.4	148.3	235.3	149.1	90.9
Total Liabilities	186,481	165,317	159,900	123,082	92,504	99,661
Common Stock	1,564	1,564	1,563	1,563	778.4	778.2
Additional Paid-In Capital	-	1,761	1,748	1,741	2,233	2,208
Retained Earnings	-	64,266	57,686	48,918	40,650	33,049
Comprehensive Income & Other	74,486	7,896	8,277	5,627	5,724	7,053
Total Common Equity	76,049	75,487	69,274	57,850	49,385	43,089
Minority Interest	2,556	3,132	3,658	3,228	3,730	3,813
Shareholders' Equity	78,605	78,620	72,932	61,077	53,115	46,901
Total Liabilities & Equity	265,086	243,937	232,832	184,159	145,619	146,562
Total Debt	17,244	29,582	33,208	8,308	6,219	27,747
Net Cash (Debt)	-104.5	-13,459	-13,484	28,161	28,843	-3,868
Net Cash Growth	-	-	-	-2.37%	-	-
Net Cash Per Share	-0.13	-17.22	-17.25	36.06	36.98	-4.97
Filing Date Shares Outstanding	778.91	781.77	781.56	781.46	778.44	778.18
Total Common Shares Outstanding	778.91	781.77	781.56	781.46	778.44	778.18
Working Capital	68,338	69,540	65,037	54,643	47,209	39,821
Book Value Per Share	97.64	96.56	88.63	74.03	63.44	55.37
Tangible Book Value	72,008	71,400	65,375	54,377	46,572	39,874
Tangible Book Value Per Share	92.45	91.33	83.65	69.58	59.83	51.24
Land	-	661.6	661.6	178.5	178.5	178.5
Buildings	-	1,495	1,449	991.2	972.1	990.1
Machinery	-	2,984	2,763	2,275	2,015	2,318
Construction In Progress	-	5.5	81.2	848.3	2.9	0.6

Source: S&P Capital IQ. Standard template. Financial Sources.