ALFA Finder| Revenue growth | Record ₹33,269cr Q4 revenue, 25% YoY growth. |
|---|---|
| Margins | PAT margins at 1.4%; Turkish impairment and Opex premiums hurt margins. |
| Order book | Large deals pipeline at ₹2,500cr for full year. |
| Demand visibility | Strong India PC/Mobility demand; Middle East demand hit by conflict. |
| Management confidence | Cautiously optimistic; India strong, Middle East visibility remains low. |
Growth
Revenue grew 25% YoY; India business up 50%, while Middle East faced a 12% Q4 de-growth.
Outlook
Management guides continued India momentum and cloud expansion, but warns of Q1/Q2 softness in Middle East.
Risks
Geopolitical conflict in West Asia, supply chain disruptions, and high interest rates (40%+) in Turkey.
Last quarter's promises, checked
Delivered
- Guided SSG 40% growth → delivered 31% in Q4 (= BEAT)
- Targeted ROCE 18-20% → delivered 22.1% in Q3 (= BEAT)
- Guided India strong momentum → delivered 50% Q4 growth (= BEAT)
Partly delivered
- Guided Opex control at 9% → delivered Opex growth slower than revenue but hit by freight spikes (= PARTIAL)
Missed
- Guided Arena loss reduction → delivered ₹75.2cr Turkish impairment (= MISS)
- Targeted Middle East growth → delivered 12% de-growth (= MISS)
- Guided TSG segment recovery → delivered margin pressure and recognition delays (= MISS)
Earnings Call filed with NSE, NSE: REDINGTON. Summary written with AI assistance from the document.
Redington Ltd: key numbers
- Share price
- ₹352.00
- Market cap
- ₹27,518 Cr
- Revenue (annual)
- ₹1,19,162 Cr
- Net profit (annual)
- ₹1,490 Cr
- P/E (TTM)
- 14.8×Sector 46.8×
- Promoter holding
- 0.00%+0.00% QoQ
- FII holding
- 63.42%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Redington Ltd
All →Redington Management Change
Redington Limited has appointed Ms. Anchal Dhir as an Additional Non-Executive Independent Director for a five-year term. The appointment is effective from November 4, 2026, subject to shareholder approval.
- Execution
- 5 years
Redington Results Update
Redington reports Q2 FY27 revenue of ₹43,002 crore, up 48% YoY, with PAT of ₹581 crore. Growth led by India revenue (+67%) and Technology Solutions Group (+91%).
Redington Q2 FY27 Results: Net Profit ₹422.5 Cr, Up 20.6% YoY
Redington Ltd reported revenue from operations of ₹42,947 Cr (+47.7% YoY) and net profit of ₹422.5 Cr (+20.6% YoY) for Q2 FY27.
- Key figure
- Net profit ₹422.5 Cr · +20.6% YoY
Redington Earnings Call Transcript: Key Takeaways
Redington delivered exceptional revenue and profit growth led by India, despite geopolitical instability in West Asia.
Redington Board Meeting Date
Redington Ltd announced its board meeting is scheduled for 04 Nov 2026 to consider Q2 FY27 results. No financial figures or decisions are reported yet.
Redington Partnership
Redington Gulf has signed a strategic collaboration agreement with AWS to accelerate AI adoption across the Middle East, Turkey, and Africa region.
- From
- AWS