Redington Limited — Investor Meet, 11-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Redington achieved record Q3 FY26 revenue of INR 30,959 Cr (+16% YoY) and PAT of INR 436 Cr (+9% YoY). Growth was strong in India, Mobility (+15%), and ESG/PCs (+21%), with Software Solutions Group (SSG) excelling at +40%. Working capital days improved to 28, and ROCE reached 22.1%. Arena reported a INR 22 Cr loss, showing an improving trend. Management is shifting to an 'orchestrator' model, investing in AI and SSG. Expect near-term PC volume pressure from chip shortages and rising prices, plus TSG margin compression.