Redington Limited · NSE:REDINGTON
Redington — Q2 FY2026 Earnings Presentation
28 slides from Redington's earnings presentation, Nov 5, 2025
Slide 1: Earnings Presentation Q2FY26
EARNINGS PRESENTATION Q2FY26
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
Slide 3: Financial Highlights
Financial Highlights Highest Ever Revenue achieved in any Quarter PAT growth twice as fast as Revenue growth • Q2FY26 – YoY growth • Global excl. Arena - Revenue grew by 20%, EBITDA grew by 33% and PAT grew by 40% • Global incl. Arena - Revenue grew by 17%, EBITDA grew by 23% and PAT grew by 32% • S
Slide 4: Financial Highlights
Financial Highlights Highest Ever PAT achieved in any Q2 • Key Metrics – Global • WC days for Q2FY26 is 31 days, increased by 6 Days on YoY basis • Q2FY26 – SSG grew by 48% on YoY basis and MSG grew by 18% • Net Debt to Equity was at 0.11x • ROCE was at 20.8% and ROE was at 17.2% SISA : Singapore, I
Slide 5: Financial Highlights: SISA Business
Financial Highlights SISA maintained revenue and PAT growth momentum SISA BUSINESS Q2FY26 YoY Revenue grew by 22%, EBITDA grew by 19% and PAT grew by 22% ROCE was at 25% and ROE at 22%. WC days stood at 26 days, increased by 4 days on YoY basis. YoY Strong growth across all BUs - SSG grew by 53%, MS
Slide 6: Financial Highlights: ROW Business
Financial Highlights ROW BUSINESS Q2FY26 ROW – Revenue grew by 11%, EBITDA grew by 28% and PAT grew by 53% ROW – WC days stood at 34 days, increased by 4 days on YoY basis ROW - YoY Strong growth in SSG by 44% and MSG by 11% PROCONNECT GLOBAL • YoY Revenue grew at 10%, EBITDA grew at 24% and PAT gre
Slide 7: Q2 FY26 Performance Snapshot
Q2 FY26 Performance Snapshot
Slide 8: Q2FY26 Redington Global Excl. Arena Performance
Q2FY26 Redington Global Excl. Arena Performance REVENUE GM EBITDA PAT 20% 18% 33% 40% 27,112 1,350 22,638 637 1,147 425 479 303 Q2FY25 Q2FY26 Q2FY25 Q2FY26 Q2FY25 Q2FY26 Q2FY25 Q2FY26 ₹ in Cr
Slide 9: Q2FY26 Redington Global Performance
Q2FY26 Redington Global Performance REVENUE GM EBITDA PAT 17% 15% 23% 32% 29,118 1,495 1,305 24,952 632 388 515 293 Q2FY25 Q2FY26 Q2FY25 Q2FY26 Q2FY25 Q2FY26 Q2FY25 Q2FY26 ₹ in Cr
Slide 10: Q2FY26 Performance by Market
Q2FY26 Performance by Market REVENUE GM EBITDA PAT 22% 18% 19% 22% 15,482 701 237 595 375 194 12,660 SISA 315 Q2FY25 Q2FY26 Q2FY25 Q2FY26 Q2FY25 Q2FY26 Q2FY25 Q2FY26 11% 12% 28% 53% 13,636 ROW 12,292 793 710 257 151 200 98 Q2FY25 Q2FY26 Q2FY25 Q2FY26 Q2FY25 Q2FY26 Q2FY25 Q2FY26 ₹ in Cr
Slide 11: Q2FY26 Performance by Market (Excl. Arena)
Q2FY26 Performance by Market (Excl. Arena) REVENUE GM EBITDA PAT 17% 17% 59% 73% ROW Excl. Arena 11,630 648 9,978 553 188 262 165 109 Q2FY25 Q2FY26 Q2FY25 Q2FY26 Q2FY25 Q2FY26 Q2FY25 Q2FY26 ₹ in Cr
Slide 12: Q2FY26 Contribution by Market
Q2FY26 Contribution by Market REVENUE GM EBITDA PAT 39% 34% 39% 41% 49% 47% 54% 53% 61% 66% 61% 59% 51% 53% 46% 47% Q2FY25 Q2FY26 Q2FY25 Q2FY26 Q2FY25 Q2FY26 Q2FY25 Q2FY26
Slide 13: Q2FY26 Working Capital Days
Q2FY26 Working Capital Days SISA ROW GLOBAL 4 4 6 10 6 6 40 36 37 34 30 31 26 25 22 Q2FY25 Q1FY26 Q2FY26 Q2FY25 Q1FY26 Q2FY26 Q2FY25 Q1FY26 Q2FY26
Slide 14: Q2FY26 Top Vendors
Q2FY26 Top 5 Vendors REVENUE 38% 41% OTHERS SAMSUNG 7% DELL EMC 6% 7% 4% LENOVO 8% HP Inc 11% APPLE 11% 9% 29% 29% Q2FY25 Q2FY26
Slide 15: Q2FY26 Verticals Revenue
Q2FY26 Verticals Revenue SISA ROW GLOBAL Verticals Q2FY25 Q2FY26 YoY Q2FY25 Q2FY26 YoY Q2FY25 Q2FY26 YoY ESG 4,230 4,891 16% 4,256 4,509 6% 8,486 9,400 11% TSG 2,745 3,040 11% 1,426 1,519 7% 4,172 4,559 9% SSG 1,387 2,127 53% 1,710 2,463 44% 3,097 4,590 48% MSG 4,169 5,283 27% 4,541 5,023 11% 8,710
Slide 16: Q2FY26 Free Cash Flow Statement
Q2FY26 Free Cash Flow Statement Particulars (₹ in Cr) Q2FY25 Q1FY26 Q2FY26 Profit Before Taxation 381 304 460 Non-cash items 44 137 62 Finance Cost 105 92 116 Changes in Working Capital 2,006 (1,323) 1,096 Direct Tax Paid (150) (73) (134) Net Cash Flow from Operations 2,386 (863) 1,600 Capex (18) (3
Slide 17: H1FY26 Performance Snapshot
H1FY26 Performance Snapshot
Slide 18: Redington Global Excl. Arena Performance
H1FY26 Redington Global Excl. Arena Performance REVENUE GM EBITDA PAT 22% 15% 22% 28% 51,046 740 2544 1,137 577 41,966 2207 931 H1FY25 H1FY26 H1FY25 H1FY26 H1FY25 H1FY26 H1FY25 H1FY26 ₹ in Cr
Slide 19: Redington Global Performance
H1FY26 Redington Global Performance REVENUE GM EBITDA PAT 19% 13% 15% 23% 55,120 2,828 1,081 939 663 46,287 2,514 539 H1FY25 H1FY26 H1FY25 H1FY26 H1FY25 H1FY26 H1FY25 H1FY26 ₹ in Cr
Slide 20: Performance by Market
H1FY26 Performance by Market REVENUE GM EBITDA PAT 23% 16% 19% 25% 28,485 1,332 447 23,244 1,147 715 357 SISA 600 H1FY25 H1FY26 H1FY25 H1FY26 H1FY25 H1FY26 H1FY25 H1FY26 16% 9% 8% 19% ROW 26,635 1,367 1,496 23,044 367 216 339 181 H1FY25 H1FY26 H1FY25 H1FY26 H1FY25 H1FY26 H1FY25 H1FY26 ₹ in Cr
Slide 21: Performance by Market (Excl. Arena)
H1FY26 Performance by Market (Excl. Arena) REVENUE GM EBITDA PAT 21% 14% 27% 33% ROW Excl. Arena 22,561 18,722 1,212 1,060 293 422 331 220 H1FY25 H1FY26 H1FY25 H1FY26 H1FY25 H1FY26 H1FY25 H1FY26 ₹ in Cr
Slide 22: Contribution by Market
H1FY26 Contribution by Market REVENUE GM EBITDA PAT 36% 34% 34% 33% 50% 48% 54% 53% 64% 66% 66% 67% 50% 52% 46% 47% H1FY25 H1FY26 H1FY25 H1FY26 H1FY25 H1FY26 H1FY25 H1FY26
Slide 23: Working Capital Days
H1FY26 Working Capital Days SISA ROW GLOBAL 6 3 4 34 32 29 31 28 23 H1FY25 H1FY26 H1FY25 H1FY26 H1FY25 H1FY26
Slide 24: Top Vendors
H1FY26 Top 5 Vendors REVENUE 39% 39% OTHERS SAMSUNG 7% 6% DELL EMC 6% 5% LENOVO 8% 10% HP Inc APPLE 11% 9% 29% 31% H1FY25 H1FY26
Slide 25: Verticals Revenue
H1FY26 Verticals Revenue SISA ROW GLOBAL Verticals H1FY25 H1FY26 YoY H1FY25 H1FY26 YoY H1FY25 H1FY26 YoY ESG 8,057 8,928 11% 7,764 8,034 3% 15,821 16,962 7% TSG 4,940 5,591 13% 2,775 3,043 10% 7,715 8,635 12% SSG 2,637 3,999 52% 3,385 4,510 33% 6,023 8,509 41% MSG 7,326 9,670 32% 8,427 10,809 28% 15
Slide 26: Free Cash Flow Statement
H1FY26 Free Cash Flow Statement Particulars (₹ in Cr) H1FY25 H1FY26 Profit Before Taxation 674 764 Non-cash items 85 199 Finance Cost 165 208 Changes in Working Capital 1,366 (227) Direct Tax Paid (266) (207) Net Cash Flow from Operations 2,023 737 Capex (34) (33) Outflow of Finance Cost (165) (121)
Slide 27: Shareholding Pattern
Shareholding Pattern Others Others 23.3% 23.8% Synnex Synnex Technology Technology International International Corporation Corporation 24.1% 24.1% Insurance Insurance Companies Companies 2.9% 2.8% Mutual Funds Mutual Funds 11.2% FPIs FPIs 11.5% 38.5% 37.7% Jun-2025 Sep-2025
Slide 28: Connecting The Dots
Investor Contacts Vijayshyam Acharya K Palak Agrawal Compliance Officer Head – Investor Relations Registered office: Block 3, Plathin, Redington Tower, Inner Ring Road, Saraswathy Nagar West, 4th Street, Puzhuthivakkam, Chennai - 600 091 https://www.redingtongroup.com Connecting The Dots CIN - L5259