Redington Limited · NSE:REDINGTON
Redington — Investor Presentation (February 2025)
25 slides from Redington's investor presentation, Feb 6, 2025
Slide 1: Corporate Presentation
—— \ il me of CORPORATE a PRESENTATION * i @Redington
Slide 2: Contents
Contents 01 04 About Redington ESG & CSR 02 05 Shareholders, Board of Financials Directors & Leadership team 03 06 Our Strategy and Growth Vectors Recognitions
Slide 3: Disclaimer
This presentation contains “forward looking statements” including, but without limitation, statements relating to the Disclaimer 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
Redington ~5,200 Products , Service & Solutions Company Redingtonians creating a culture of inclusion, ABOUT US • An Emerging Markets Multinational with presence across 40 markets creativity, and innovation • Distributor entire gamut of IT products, Smartphones, Solar, etc. • Service & Solutions Man
Slide 5: Company history 1993-2014
1993 - 98 2003 - 06 • Commenced IT distribution in • Strategic investment by India with HP Contract. Synnex with 36% equity. • Consolidated top 4 brands – • Investment by PE Fund HP, Epson, Seagate & Intel. Chrys Capital with 11% • Started Redington Services, equity. the backbone of Solutions • Fora
Slide 6: Company history 2015-2023
2015 - 18 2023 - 24 • India’s No 1 Distributor by VAR India. • Launch of Cloud Portal, our first e- commerce platform for all cloud • ISO 27001 Certification. products. • Most Preferred Workplace 2023 • Evolved from a promoter led to a • Awarded LinkedIn Top Companies in board-governed and professio
Slide 7: Core Values
Core Values Uncompromising Results integrity through teamwork Being open, honest and Individual contribution key to direct in our dealings our success Being transparent with Ensure effective our communications collaboration and actions Respect and Trust Strive for excellence Fostering a culture High
Slide 8: Fundamental Drivers of Our Success
Fundamental Drivers of Our Success Most Trusted Distributor Complete Life Cycle Management Technology Solutions Supply Chain Solutions Operational Excellence Financial Solution Coverage & Reach Investor Risk Management • Leading-edge tech • Optimized stock levels • Consistent delivery • Technology i
Slide 9: Portfolio
Portfolio End Point Solutions Group Technology Solutions Group Mobility Solutions Group Cloud Solutions Group PCs, Laptops, Desktops, Networking, Software, Smartphones Cloud Resell, Managed All-in-Ones, Printers, Server & Storage, Licensing & Services Consumables & Accessories Subscription, Enterpri
Slide 10: Brand Collaboration Top Brands
Brand Collaboration Top Brands Enviable Partnerships with ~450 brands The Brand Names and Logos mentioned are the property of their respective owners and are used here for identification purposes only.
Slide 11: Global Footprint Presence
Kazakhstan Presence Azerbaijan GLOBAL FOOTPRINT Morocco Turkey Jordan Kuwait Libya Qatar UAE Bangladesh Bahrain Senegal Egypt Oman Ghana Saudi Arabia India Malaysia Nigeria Côte d'Ivoire Sri Lanka Uganda Singapore #1 - #2 Kenya Across All Markets Rwanda 32 Tanzania In Country Presence 40 Markets Ser
Slide 12: Route to Market
Route to Market CHANNEL PARTNERS Commercial/Enterprise IT Consumer IT Mobility • System Integrators • Large Format Retailers • Large Format Retailers • Corporate Resellers • Hypermarkets • Exclusive Brand Stores • Cloud Partners & Providers • E-tailers • Hypermarkets • ISVs • Marketplace Players • E
Slide 13: Shareholders
Shareholders Others 25.3% Synnex Technology International Corporation 24.1% Insurance Companies 3.6% Mutual Funds 12.5% FPIs (Corporates) 34.4% Shareholding date: 31 Dec 2024
Slide 14: Board of Directors
Board of Directors Professor J. Ramachandran B. Ramaratnam Tu, Shu-Chyuan Chairman, Non- Executive Non Independent Director Non Executive Non Independent Director Independent Director Anita P Belani Chen, Yi-Ju Independent Director Non Executive Non Independent Director Sudip Nandy S.V. Krishnan Ind
Slide 15: Leadership
Leadership V. S. Hariharan S V Krishnan Group Chief Executive Officer Finance Director (Whole-Time) Ramesh Natarajan Viswanath Pallasena Serkan Çelik Cem Borhan CEO, Singapore, India CEO, Middle East & Africa CEO, Arena CEO, Redington & South Asia Turkey Serkan Kutlu Soumitra Kumar Das Sriram Ganesh
Slide 16: Corporate Strategy
Corporate Strategy Sustainable Profitable Accelerate Business Route to market Power of Core Growth Transformation “One Redington” Maintaining leadership Faster adoption of Segmented approach that Engaging our ecosystem position across subscription and enables high-touch by co-creating distinctive ge
Slide 17: Key Technology Trend
Key Technology Trend Technology Trends What it means for Redington GROWTH CAGR % 2024-32 Building a diverse product Enhancing support for portfolio catering to hybrid cloud migration and hybrid INDIA MEA 2025 Hybrid Cloud 21% 20% cloud requirements infrastructure management Global IT spend growth 9.
Slide 18: Biz Model Trends
Biz Model Trends Business Model Trends What it means for Redington • Focusing on life-cycle management and expand service offerings for Subscription Model long-term customer success Product to Services • Leveraging on technology to embrace recurring revenue models: invest in new cloud platform, buil
Slide 19: Approach towards ESG
Approach Our Sustainability Strategy towards ESG Reimagined Responsible Redefined Value Resilient Business 01 Efficiencies 02 Business Practices 03 Chain Engagement 04 1+ GW 1% 29% 70% Solar Capacity created Renewable energy Women representation on Board Trade vendors ESG aligned in India (7X Y-o-Y
Slide 20: Approach towards CSR
Approach Aligned to Business Social Cause Leverage business processes, Solve specific problems within towards CSR key partnerships and business thematic areas such as education and livelihoods basis the most expertise to create maximum value in focus areas critical needs Key Stakeholder Anchors Geog
Slide 21: Performance Since Listing
FY 07 8,667 FY 08 10,370 ₹ in Cr. FY 09 11,919 FY 10 13,162 Revenue FY 11 16,373 FY 12 20,780 FY 13 23,446 CAGR 15% FY 14 27,244 FY 15 30,736 FY 16 34,420 FY 17 39,736 FY 18 41,642 FY 19 46,599 FY 20 51,514 FY 21 57,042 FY 22 62,732 FY 23 79,519 FY 24 89,610 Performance Since listing FY 07 199 FY 08
Slide 22: Shareholder Value Creation
Shareholder Value Creation EPS Book Value/Share Shareholder Payout* CAGR 20% CAGR 14% ~40% of profit earned 17.8 16.4 15.6 40% 95 88 73 40% 40% 40% 63 9.7 32% 55 50 25% 6.6 6.4 FY 19 FY 20 FY 21 FY 22 FY 23 FY 24 FY 19 FY 20 FY 21 FY 22 FY 23 FY 24 FY 19* FY 20 FY 21 FY 22 FY 23 FY 24 ROE ROCE 66.0%
Slide 23: Q3 FY25 Performance Snapshot
Revenue EBITDA PAT Q3 FY25 14% 16% 17% Performance Q3 FY25 ₹26,764 Cr. Q3 FY25 ₹651 Cr. Q3 FY25 ₹400 Cr. Snapshot Q3 FY24 ₹23,550 Cr. Q3 FY24 ₹562 Cr. Q3 FY24 ₹341 Cr. Net Debt - Equity ROE ROCE 0.22x 20.5% 26.7% Q3 FY24 0.29x Q3 FY24 19.4% Q3 FY24 22.0% WC Components (days of sale) Inventory Charge
Slide 24: Awards
Certified MEA Linked i) hele esas I REDINGTON LIMITED, ee he
Slide 25: Thank You
THANK YOU Redington