Redington Limited · NSE:REDINGTON
Redington — Investor Presentation (November 2022)
23 slides from Redington's investor presentation, Nov 3, 2022
Slide 1: Corporate Presentation Q2FY23
CORPORATE PRESENTATION Q2FY23
Slide 2: Table Of Contents
Table Of Contents • About Redington • Board of Directors and Shareholders • Our Strategy and Growth Vectors • CSR • Financials • Recognitions
Slide 3: Disclaimer
Disclaimer This presentation contains “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Redington Limited’s future business developments and economic performance. While these forward-lo
Slide 4: About Redington
Products , Service & Solutions Company • An Emerging Markets Multinational with presence across 38 markets • Distributor → entire gamut of IT products, Smartphones, Solar, etc. • Service & Solutions → Managed, Cloud, Logistics, BPM, BPO, 3D Printing services Expansive Network & Strong Relationships
Slide 5: Our Portfolio
Our Portfolio PCs, desktops, laptops, Printers, consumables Smartphones Networking – switching, Software - productivity Server and Storage – Licensing & iPads and MacBooks and accessories routing to SDN’s and Application building optimal data Subscription services strategy Enterprise security Cloud
Slide 6: Our Presence
Our Our Presence Presence Enviable “In country” presence in 30 countries and serving 38 markets No.1 or No.2 position across all markets “High potential” markets Presence across product categories Portfolio of Marquee brands
Slide 7: Our Brands & Channel Partners
Our Brands & Channel Partners CHANNEL PARTNERS Sub Large Format Retailers Distributors Retailers Multi Brand Branded Resellers Retailers Stores Corporate Value Added System Resellers Resellers Integrators Independent E-Commerce Software Players Vendors (ISVs) Vendors Banks/ FIs Channel Partners Envi
Slide 8: Our Board of Directors
Our Board of Directors Independent Directors Prof. Ramachandran V. S. Hariharan Keith WF Bradley B Ramaratnam Anita P Belani Retd. Professor, Corporate Ex. Vice President, Ex. President, Professional Sr. Business & Policy & Strategy Hewlett-Packard, Ingram Micro, Director Human Capital IIM, Bengalur
Slide 9: Our Shareholders
Our Shareholders HDFC Mutual Fund Fidelity Management & Research (FMR) Others Synnex 26.3% Mauritius Limited ICICIPru Life Insurance 24.1% Franklin Templeton Investments Massachusetts Institute Of Technology Investment Management Company Mutual Funds 11.7% FIIs & FPIs 37.9% The Vanguard Group Tata M
Slide 10: Our Strategy
Bringing innovation faster to market Cloud, 3D printing, Metaverse, Quantum Computing, AR/VR, 5G, Borderless Network, Smart Analytics, Blockchain and cyber-security… Business Model Re-invention Our • From brick & mortar to Omni-channel • From Products to Services Strategy • • Moving towards XaaS rev
Slide 11: Technology Trends in the Future
9 8 Greater Importance 7 6 Technology 5 Weighted Score 4 Trends in the 3 Future 2 Lesser Importance 1 0 Security Cloud (SaaS, AI/Machine Big Internet of Data Center DevOps Collaboration Robotic Process Blockchain Solutions IaaS, PaaS) Learning Data/Analytics Things Solutions (Containers, Solutions A
Slide 12: Key Technology Trends
Key Technology Trends In 2022 : Global ICT spend growth at 5%, India $111Bn @ 6% and MENA $170Bn @ 3%. TECHNOLOGY HYBRID CYBER DIGITAL EMERGING 5G TRENDS CLOUD SECURITY ECONOMY TECH TECH GROWTH IND: 25.0% META: 10.4 M IND: 20.0% IND: 26.0% IND: 20.2% CAGR % META: 17.2% Subs (2021 Est.) META: 7.9% ME
Slide 13: Biz Model Trends
Biz Model Trends OMNI- WORK CONSUMPTION INVESTMENT DIVERSIFICATION CHANNEL LOCATION MODELS BUSINESS MODEL Products to Physical to Online Emerging Tech M&A, Product, Hybrid work Services Geo Model Trends •Build capability to •Develop a strong end- •Innovate, invest on •Strengthen presence in •Automat
Slide 14: Cloud Trends
Cloud Trends VERTICAL- HYBRID/MULTI- BACKUP & CLOUD & SERVERLESS EMERGING SPECIFIC CLOUD DISASTER ARCHITECTURE TECH SOLUTIONS SOLUTIONS RECOVERY CLOUD Infrastructure to Data Loss to Traditional to Standalone to Private to Hybrid Trends Industry Verticals Backup/Recovery Serverless Integrated •Build
Slide 15: Changing Distribution Needs & our Preparedness
12 10 Greater Importance Redington’s Preparedness 8 6 4 Changing Weighted Score 2 Distribution 0 Needs & our Preparedness Lesser Importance Note: GTDC commissioned Vation Ventures who surveyed and interviewed key constituents from distributors and their OEM vendor partners. The majority of study par
Slide 16: Our Objectives
Our Objectives • Aggressive share gain across Products, Brands & Market Markets Brand Share Acquisitions Gains • Customer choice, Omni-Channel presence • Increase Digital adoption, provide everything “As a Service” New • Lead in ESG Market Business Expansions Opportunities • Be the most admired orga
Slide 17: Key CSR initiatives
Key CSR initiatives Through its CSR initiatives, Redington played a role of catalyst for social development in the areas of Education, Health, Skill development, Environment, Disaster Response Theme Initiative Outcome • Increased water inflow and ground water Renovated & constructed: table • 4 villa
Slide 18: Performance Since Listing
FY 07 86,672 FY 08 1,03,699 FY 09 1,19,186 FY 10 1,31,622 FY 11 1,63,734 FY 12 2,07,799 FY 13 2,34,462 FY 14 2,72,441 FY 15 3,07,361 FY 16 3,44,198 Revenue CAGR : 14% FY 17 3,97,362 FY 18 4,16,417 FY 19 4,65,994 FY 20 5,15,138 FY 21 5,70,416 ₹ in Mn FY 22 6,27,316 FY 07 1,985 FY 08 2,590 FY 09 3,296
Slide 19: Shareholder Value Creation
Shareholder Value Creation EPS Book Value/Share Shareholder Payout* CAGR : 23% CAGR : 13% ~38% of profits earned In ₹ In ₹ 16.4 73 60% 63 55 50 40% 37% 9.7 44 32% 39 53% 6.6 6.4 6.0 20% 5.8 FY 17 FY 18 FY 19 FY 20 FY 21 FY 22 FY 17 FY 18 FY 19* FY 20 FY 21 FY 22 FY 17 FY 18 FY 19 FY 20 FY 21 FY 22 *
Slide 20: H1FY23 Performance Snapshot
H1FY23 Performance Snapshot REVENUE EBITDA PAT 25% 28% 29% H1FY23: Rs. 3,59,091 Mn H1FY23 : Rs.10,494 Mn H1FY23 : Rs.7,028 Mn H1FY22: Rs. 2,87,873 Mn H1FY22 : Rs.8,217 Mn H1FY22 : Rs.5,439 Mn WC Days ROE ROCE^ 29 Days 23.6% 42.0% H1FY22 : 8 days H1FY22 : 21.8% H1FY22 : 76.7% ^ROCE is calculated net
Slide 21: Redington Industry Recognitions
Redington Industry Recognitions 2022 2021 • Palo Alto- Best Distributor in JAPAC for PA400 initiative • IBM- Distribution- IBM Partner • Oracle - Linux & Virtualization Distributor of the year EcoSystem Summit Awards • Veeam- Distributor of the year • PTC-Partner Network Award • Cisco- Scale distrib
Slide 22: Several marquee awards across geos and functions
Several marquee awards across geos and functions Redington – Most Trusted Redington – Employee Company 2022 by VARINDIA Excellence 2022 by ET Redington Gulf – Best Security Distributor of the Year by CPI Cloud Aggregator of the Year DigiGlass – Security by GEC Platform of the Year by CPI Sayantan De
Slide 23: Thank You
Thank You Copyright 2022 Redington Limited - All rights Reserved