Redington Limited — PPTs, 30-07-2025: Investor Presentation

**1. Financial Highlights:**

Redington reported robust Q1FY26. Global Revenue hit ₹26,002 Cr (+22% YoY); PAT up 12% to ₹275 Cr, EBITDA 6% higher at ₹450 Cr. SISA (India/South Asia) was a standout with Revenue +23%, PAT +29%. Working Capital days improved to 37, Net Debt/Equity at 0.23x. Mobility (+44%) and Cloud (+41%) drove growth.

**2. Strategic Initiatives & Growth Drivers:**

Shifting to a 'utility of product' model, Redington accelerates growth in subscription/consumption services. Strategic focus areas include Hybrid Cloud, AI, Cybersecurity, and Sustainability Tech, with a circular economy focus.

**3. Business Developments:**

Redington divested its Fintech subsidiary Paynet. Its supply chain arm, ProConnect Global, delivered strong results: Revenue +9%, EBITDA +18%, PAT +38%.

**4. Market Position & Competitive Advantage:**

Redington maintains a leading #1-#2 market position across 40 operating markets, backed by ~450 brand partnerships and extensive distribution. It highlights its professionally managed, board-governed structure.

**5. Investor Implications:**

Strong revenue growth and improved working capital indicate positive growth potential. SISA's robust performance and strategic pivot to high-growth tech segments are promising. Investors should monitor profitability trends in the ROW region.