Redington Limited · NSE:REDINGTON

Redington — Q1 FY2025 Earnings Presentation

17 slides from Redington's earnings presentation, Jul 31, 2024

  1. Slide 1: Earnings Presentation Q1FY25

    EARNINGS PRESENTATION Q1FY25

  2. Slide 2: 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

  3. Slide 3: Financial Highlights

    Financial Highlights Highest Ever Q1 Revenue Double digit growth in PAT excl. Arena • Q1FY25 – YoY growth • Global excl. Arena - Revenue grew by 1%, GM de-grew by 4%, EBITDA grew by 7% and PAT grew by 13% • SISA – Revenue grew by 6%, GM grew by 0.1%, EBITDA grew by 8% and PAT grew by 10% • ROW excl.

  4. Slide 4: Financial Highlights - SISA Business

    Financial Highlights SISA BUSINESS YoY Revenue grew by 6%, GM grew by 0.1%, EBITDA grew by 8% and PAT grew by 10% ROCE was at 23% and ROE at 19%. WC days stood at 36 days, reduced by 4 days on YoY basis. INDIA DISTRIBUTION • YoY Revenue grew by 7%, GM de-grew by 1%, EBITDA grew by 4% and PAT grew by

  5. Slide 5: Financial Highlights - ROW Business (Excl. Arena)

    Financial Highlights ROW BUSINESS (Excl. Arena) Excl. Arena YoY Revenue de-grew by 4%, GM de-grew by 9%, EBITDA grew by 5% and PAT grew by 17% WC days stood at 43 days, up by 3 days from Q1FY24 PROCONNECT CONSOL • YoY - Revenue grew by 9%, EBITDA grew by 21% and PAT grew by 61% • EBITDA was at 10% a

  6. Slide 6: Q1FY25 Performance

    QRedington Q1FY25 Performance

  7. Slide 7: Redington Global Excl. Arena Performance

    Q1FY25 Redington Global Excl. Arena Performance REVENUE GM EBITDA PAT 1% -4% 7% 13% 1,108 19,050 19,328 1,060 452 423 274 243 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Q1FY24 Q1FY25 ₹ in Cr

  8. Slide 8: Redington Global Performance

    Q1FY25 Redington Global Performance REVENUE GM EBITDA PAT 0.4% -3% 12% 1% 21,335 1,248 21,251 1,209 483 424 249 246 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Q1FY24 Q1FY25 ₹ in Cr

  9. Slide 9: Performance by Market

    Q1FY25 Performance by Market REVENUE GM EBITDA PAT 6% 0.1% 8% 10% 9,941 10,584 552 553 264 286 SISA 148 163 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Q1FY24 Q1FY25 5% 6% 37% 18% ROW 11,310 10,752 696 656 219 138 101 83 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Q1FY24 Q1FY25 ₹ in Cr

  10. Slide 10: Performance by Market (Excl. Arena)

    Q1FY25 Performance by Market (Excl. Arena) REVENUE GM EBITDA PAT 6% 0.1% 8% 10% 9,941 10,584 552 553 264 286 SISA 148 163 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Q1FY24 Q1FY25 ROW Excl. Arena 4% 9% 5% 17% 9,108 8,745 556 507 159 167 95 111 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Q1FY24 Q1FY25 ₹

  11. Slide 11: Contribution by Market

    Q1FY25 Contribution by Market REVENUE GM EBITDA PAT 33% 40% 34% 50% 45% 53% 56% 54% 67% 60% 66% 50% 55% 47% 44% 46% Q1FY24 Q1FY25 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Q1FY24 Q1FY25 SISA ROW SISA ROW SISA ROW SISA ROW

  12. Slide 12: Working Capital Days

    Q1FY25 Working Capital Days SISA ROW GLOBAL 4 3 3 9 6 43 40 40 40 40 36 34 34 33 Q1FY24 Q4FY24 Q1FY25 Q1FY24 Q4FY24 Q1FY25 Q1FY24 Q4FY24 Q1FY24

  13. Slide 13: Top Vendors

    Q1FY25 Top 5 Vendors REVENUE 39% 43% OTHERS DELL EMC LENOVO 8% 5% 6% 6% SAMSUNG 4% 6% HP Inc 11% 10% APPLE 32% 30% Q1FY24 Q1FY25

  14. Slide 14: Verticals Revenue

    Q1FY25 Verticals Revenue SISA ROW GLOBAL Verticals Q1FY24 Q1FY25 YoY Q1FY24 Q1FY25 YoY Q1FY24 Q1FY25 YoY ESG 3,345 3,806 14% 3,765 3,504 -7% 7,110 7,310 3% TSG 3,165 3,021 -5% 2,652 2,559 -4% 5,817 5,581 -4% MSG 2,922 3,158 8% 4,329 3,895 -10% 7,251 7,053 -3% CSG 315 444 41% 353 455 29% 668 899 35%

  15. Slide 15: Free Cash Flow Statement

    Q1FY25 Free Cash Flow Statement Particulars (₹ in Cr) Q1FY24 Q4FY24 Q1FY25 Profit Before Taxation 352 381 292 Non-cash items 28 42 41 Finance Cost 65 74 60 Changes in Working Capital (1,545) 768 (641) Direct Tax Paid (117) (128) (116) Net Cash Flow from Operations 1,217 1,137 (363) Capex 3 44 (16) O

  16. Slide 16: Shareholding Pattern

    Shareholding Pattern Others Synnex Others 26.2% Synnex Technology 26.6% Technology International International Corporation Corporation 24.1% 24.1% Insurance Insurance Companies Companies 3.7% 3.6% FPIs (Corporates) FPIs (Corporates) 33.9% 33.7% Mutual Funds Mutual Funds 12.1% 12.0% Mar-2024 Jun-2024

  17. Slide 17: Connecting The Dots

    Investor Contacts Vijayshyam Acharya K Compliance Officer Registered office: Block 3, Plathin, Redington Tower, Inner Ring Road, Saraswathy Nagar West, 4th Street, Puzhuthivakkam, Chennai - 600 091 Connecting The Dots https://www.redingtongroup.com Transformation from ‘Product’ to ‘Utility of Produc

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