| Revenue growth | 25% YoY Q4 growth, India up 50%. |
|---|---|
| Margins | PAT margin at 1.4% (Q4) vs 1.3% (FY). |
| Demand visibility | Strong India demand; West Asia recovery depends on peace. |
| Management confidence | Confident in India; cautious on West Asia geopolitics. |
Growth
Revenue grew 25% YoY in Q4; India business grew 50% top-line and 41% PAT.
Outlook
Guided for continued India momentum; monitoring 12-18 month supply issues in some segments.
Risks
West Asia conflict impact on demand and supply, plus component shortages in PCs/smartphones.
Last quarter's promises, checked
Delivered
- Guided 35-40 days WC → delivered 28 days (= BEAT)
- Guided India strength → delivered 25% revenue growth (= BEAT)
- Guided SSG growth focus → delivered 40% growth (= BEAT)
Partly delivered
- Guided Arena loss reduction → delivered INR 22cr loss vs INR 9.5m Q1 (= PARTIAL)
Missed
- Guided TSG deal segment pick up → delivered 7% decline (= MISS)
Earnings Call filed with NSE, NSE: REDINGTON. Summary written with AI assistance from the document.
Redington Ltd: key numbers
- Share price
- ₹407.25
- Market cap
- ₹31,838 Cr
- Revenue (annual)
- ₹1,19,162 Cr
- Net profit (annual)
- ₹1,490 Cr
- P/E (TTM)
- 18.7×Sector 41.4×
- Promoter holding
- 0.00%+0.00% QoQ
- FII holding
- 61.96%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Redington Ltd
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- Value
- ₹100.0 Cr
Redington Earnings Call Transcript: Key Takeaways
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- Key figure
- Net profit ₹453.5 Cr · +94.6% YoY
Redington Earnings Call Transcript: Key Takeaways
Redington is pivoting from a hardware-centric transactional distributor to a high-margin software and services orchestrator. Management targets doubling the Software Services Group (SSG) revenue over the next three years.
- Call
- Guides 100% growth
Redington Earnings Call: Key Takeaways
Redington's Software Solutions Group (SSG) grew 29% YoY in USD to reach $2.2 billion. Management is pivoting from traditional hardware distribution to a high-margin platform-driven service orchestration model.
- Call
- Guides 127% growth