Redington Limited · NSE:REDINGTON
Redington — Investor Presentation (May 2024)
25 slides from Redington's investor presentation, May 16, 2024
Slide 1: Corporate Presentation Q4FY24
CORPORATE PRESENTATION Q4FY24
Slide 2: Table of Contents
Ta b le Of Co n t e n t s • About Redington • Shareholders, Board of Directors & Leadership team • 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 40 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 – Software - productivity Server and Storage – Licensing & iPads and MacBooks and accessories switching, routing to and Application building optimal data Subscription services SDN’s strategy Enterprise security Cloud
Slide 6: Our Presence
Our Our Presence Presence Enviable “In country” presence in 31 countries and serving 40 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 Shareholders
Our Shareholders HDFC Mutual Fund Others Synnex Fidelity Management & Research (FMR) 26.2% Technology International Corporation ICICIPru Life Insurance 24.1% Franklin Templeton Investments Insurance Massachusetts Institute Of Technology Companies 3.7% Investment Management Company FPIs The Vanguard
Slide 9: Our Board of Directors
Our Board of Directors Non-Executive Directors Executive Director Chairperson Prof. Ramachandran Tu, Shu-Chyuan Chen, Yi-Ju Retd. Professor, Corporate VP, Group Business Vice Director, Finance Policy & Strategy Strategy & Planning & Mgmt IIM, Bengaluru Development Synnex Tech, Taiwan Synnex Tech, Ta
Slide 10: Our Global Leadership Team
Our Global Leadership Team Ramesh Nat arajan Viswanat h Pallasena Serkan Celik Cem Borhan Deepak Puligadda Chief Executive Officer Chief Executive Officer - Chief Executive Officer Chief Executive Officer Chief Executive Officer - - Redington SISA Redington MEA - Arena - Redington Turkey Redserv Glo
Slide 11: 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 12: Technology Trends in the Future
9 8 Greater Importance 7 6 Technology 5 Weighted Score 4 Trends in t he 3 Fut ure 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
Slide 13: Key Technology Trends
Key Technology Trends In 2024: Global IT spend growth at 6.8%, India $138.6Bn at 11.1% and MENA $183.4Bn at 6.4% 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.) MET
Slide 14: Biz Model Trends
Biz Model Trends OMNI- W ORK 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 •Automa
Slide 15: Cloud Trends
Cloud Trends VERTICAL- HYBRID/ MULTI- BACKUP & CLOUD & DISASTER SERVERLESS EMERGING SPECIFIC CLOUD RECOVERY ARCHITECTURE TECH SOLUTIONS SOLUTIONS CLOUD Infrastructure to Data Loss to Traditional to Standalone to Private to Hybrid Trends Industry Verticals Backup/Recovery Serverless Integrated •Build
Slide 16: 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 17: Our Objectives
Our Object ives • Aggressive share gain across Products, Brands & Market Markets Brand Share Ac q u is itio n s Gains • Customer choice, Omni-Channel presence • Increase Digital adoption, provide everything “As a Service” New • Lead in ESG Market Business Exp a n s io n s Opport unit ies • Be the mo
Slide 18: Our approach toward ESG
Our approach toward ESG Materiality assessment completed Our Purpose TARGETS Material topics identified Be the largest private sector catalyst in our industry to build & Targets being formalized operate sustainable supply chains Roadmap developed for progress against Our Strategic Pillars OP
Slide 19: Our approach toward CSR
Our approach toward CSR Won “Rural Development and Infrastructure Award” CSR aligned to business values & vision by Dalmia Bharat CSRBOX Project themes Logistics skills training provided to Inclusive Skills Development Focus on skill development in related 1 1500+ unemployed Youth Well rounded f
Slide 20: 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 FY 17 3,97,362 Revenue FY 18 4,16,417 CAGR : 15% FY 19 4,65,994 FY 20 5,15,138 FY 21 5,70,416 FY 22 6,27,316 FY 23 7,95,187 ₹ in Mn FY 24 8,96,095 FY 07
Slide 21: Shareholder Value Creation
Shareholder Value Creation EPS Book Value/Share Shareholder Payout* CAGR : 20% CAGR : 14% ~36% of profits earned In ₹ In ₹ 17.8 60% 16.4 15.6 95 88 73 40% 40% 63 32% 9.7 50 50 25% 6.6 20% 6.4 FY 19 FY 20 FY 21 FY 22 FY 23 FY 24 FY 18 FY 19* FY 20 FY 21 FY 22 FY23 FY 19 FY 20 FY 21 FY 22 FY 23 FY 24
Slide 22: FY24 Performance Snapshot
FY24 Performance Snapshot REVENUE EBITDA PAT 13% 5% 12% FY24 : Rs. 896,095 Mn FY24 : Rs. 21,410 Mn FY24 : Rs. 12,186 Mn FY23 : Rs. 795,187 Mn FY23 : Rs. 22,607 Mn FY23 : Rs. 13,926 Mn WC Days ROE ROCE^ 34 Days 17.0% 18.7% FY23 : 36 days FY23 : 22.1% FY23 : 24.7% WC Components Inventory Charge % of S
Slide 23: Redington: FY24 Awards
Redington: FY24 Awards MEA 34 Awards 51 Awards INDIA & SSA Top Lenovo 360 Distributor Best Distributor – Broadline Award LinkedIn India's Top 25 Companies Company of the Year by Outlook (Channel Summit MENA) AMD Achievers Club- Best T1 CXO Cloud Innovation Award f Broadline Distributor
Slide 24: Awards and recognitions
we » ce, OA BEST ‘ ~% “% ORGANIZATION- ~S* /_, FOR WOMEN \ 2023 Linked [J T@P COMPANIES India DISTRIBU tt oagse YEAR ie Tel [e YER 6=
Slide 25: Thank You
Thank You Redington