Slide 1: Corporate Presentation Q4FY23
CORPORATE PRESENTATION Q4FY23
Slide 2: Table Of Contents
Table Of Contents • About Redington • Board of Directors and Shareholders • Our Strategy and Growth Vectors • ESG & 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 Synnex Others Technology 23.9% International Fidelity Management & Research (FMR) Corporation 24.1% ICICIPru Life Insurance Franklin Templeton Investments Insurance Companies Massachusetts Institute Of Technology 3.7% Investment Management Company The Vanguard Group
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: Redington's Preparedness for Changing Distribution Needs
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: Our Journey so far… Progress in FY'23…
Our Journey so far… Progress in FY’23… ▪ Relevance through Clean energy business ▪ Global baseline assessment for GHG ▪ Met EPR obligations for E-Waste disposal inventorization complete ▪ ESG integration in projects executed through ▪ LEED certification underway for the new Environment CSR including
Slide 18: Our approach toward CSR
Our approach toward CSR CSR aligned to business values & vision Project themes ➢ Logistics skills training provided Inclusive Skills Development Focus on skill development in related 1 to 1500+ unemployed Youth ➢ Well rounded focus across regions ; Pan India coverage programme – TamilNadu industries
Slide 19: 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 FY 17 3,97,362 CAGR : 15% FY 18 4,16,417 FY 19 4,65,994 FY 20 5,15,138 FY 21 5,70,416 FY 22 6,27,316 ₹ in Mn FY 23 7,95,187 FY 07 1,985 FY 08 2,
Slide 20: Shareholder Value Creation
Shareholder Value Creation EPS Book Value/Share Shareholder Payout* CAGR : 24% CAGR : 15% ~36% of profits earned In ₹ In ₹ 17.8 60% 88 16.4 73 63 40% 40% 55 32% 9.7 50 44 25% 6.6 20% 6.4 6.0 FY 18 FY 19 FY 20 FY 21 FY 22 FY23 FY 18 FY 19* FY 20 FY 21 FY 22 FY23 FY 18 FY 19 FY 20 FY 21 FY 22 FY23 *In
Slide 21: FY23 Performance Snapshot
FY23 Performance Snapshot REVENUE EBITDA PAT 27% 20% 9% FY23: Rs. 7,95,187 Mn FY23 : Rs. 22,607 Mn FY23 : Rs. 13,926 Mn FY22: Rs. 6,27,316 Mn FY22 : Rs. 18,792 Mn FY22 : Rs. 12,799 Mn WC Days ROE ROCE^ 36 Days 22.2% 36.9% FY22 : 14 days FY22 : 24.1% FY22 : 66.0% ^ROCE is calculated net of cash and o
Slide 22: Redington: FY23 Awards
Redington : FY23 Awards MEA INDIA and SSA 39 Awards 36 Awards • Great Place To Work Award • Best Distributor Marketing of the Year- Huawei • Best Pre-Sales Distributor SE - West India - • APJC Award - Cisco • Gulf Distributor of the Year from HPE • Consumer Distributor of the Year-Gulf- Lenovo PaloA
Slide 23: Redington: FY23 Accolades
Redington : FY23 Accolades MEA
Slide 24: Thank You
Thank You &Redington