ALFA Finder| Management target | Revenue 127.0% 3 years |
|---|
| Revenue growth | 29% USD growth YoY. |
|---|---|
| Margins | Targeting 5.5% to 6% gross margins for SSG segment. |
| Demand visibility | Strong; 74% of revenue is recurring annuity business. |
| Management confidence | High; seeking to double revenue in 3 years. |
Growth
SSG grew 29% in USD (37% in INR) and now contributes 17% of total revenue.
Outlook
Targeting $5B revenue in 3 years with 5.5-6% gross margins and 2% PAT. 90% renewals expected by FY28.
Risks
Non-physical revenue recognition complexities (IFRS), withholding tax issues, and longer AR days in SSG vs hardware.
Last quarter's promises, checked
Delivered
- Guided Q4 deal movement → Delivered large deal execution in Q4 (= BEAT)
- Guided SSG expansion → Delivered 17% revenue share vs 15% in FY25 (= BEAT)
- Guided Opex control → Delivered 17 bps decline on full year basis (= BEAT)
Partly delivered
- Guided SSG margin → Delivered tracking 5.5% vs 5.5-6% target (= PARTIAL)
Missed
- Guided Middle East recovery → Delivered March softening due to conflict (= MISS)
- Guided Arena profitability → Delivered INR 44cr loss in Q4 (= 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