Redington Limited — PPTs, 05-11-2025: Investor Presentation

Here's a concise summary for Redington Limited's Q2 & H1 FY26 performance:

**1. Business Performance:**

Redington posted a strong Q2 FY26, achieving its highest-ever quarterly revenue of ₹29,118 Cr, up 17% YoY, and highest Q2 PAT of ₹388 Cr, up 32% YoY. For H1 FY26, revenue reached ₹55,120 Cr (up 19% YoY) with PAT at ₹663 Cr (up 23% YoY). The SISA region was a standout, showing robust growth in Software Solutions (+53%) and Mobility (+27%), while the ROW business also contributed positively.

**2. Growth Drivers or Strategy:**

The company's strategy involves accelerating business growth through subscription and consumption models, expanding professional services, and localized expansion. It's also adapting to key technology trends like hybrid cloud, AI, cybersecurity, and sustainable tech by expanding its portfolio and strategic alliances.

**3. Recent Developments:**

A key shift is the focus on life-cycle management and recurring revenue models. The recent divestment of its Fintech subsidiary, Paynet, impacted 'Other Services' revenue as part of its strategic realignment.

**4. Key Financial Metrics:**

For Q2 FY26, Return on Equity (ROE) stood at 17.2% and Return on Capital Employed (ROCE) at 20.8%.

**5. Management Commentary / Outlook:**

Management emphasized the record Q2 performance, noting PAT growth significantly outpaced revenue. The future outlook centers on a strategic transformation from merely selling 'Product' to delivering the 'Utility of Product'.