Redington Limited is a leading technology distribution company established in 1993 and headquartered in Chennai, India. The company has evolved from a traditional IT distributor into a comprehensive technology solutions provider, serving as a bridge between technology brands and their end customers across multiple markets.
Redington Limited operates as an India-based technology solution provider engaged in the distribution of information technology, mobility, and other technology products besides supply chain solutions. The company has grown exponentially over the past 25 years, with a presence in over 50 countries across the Middle East, Africa, and Asia.
The company operates through segments including Singapore, India & South Asia (SISA) and Rest of the World (ROW). Redington operates approximately 70 sales locations and currently has three automated distribution centers (ADCs) in Chennai and Kolkata in India, and Dubai.
Redington's operations span a wide range of products and services, including IT hardware, consumer electronics, lifestyle products, enterprise solutions, and more. The company is a major player in the IT hardware market, offering products from top brands such as Dell, HP, Lenovo, and Acer, while also distributing consumer electronics from brands such as Apple, Samsung, Sony, and LG.
The company provides technology solutions across cloud, home automation, data and analytics, wearable, digital printing, gaming, three-dimensional (3D) printing, and solar. Its services include logistics services, technology services, business process solutions, and financial services.
Redington announced its financial results for Q4 FY25 and full financial year FY25, achieving record-breaking revenue and strong profit growth. The company reported Q4 FY25 global revenues of ₹26,510 Crore, a robust 18% YoY growth, and a net profit of ₹400 Crore, reflecting a 23% YoY increase, excluding the one-time gain of ₹537 Crore from the divestment of its step-down subsidiary.
For the full year FY25, Redington posted record consolidated revenues of ₹99,562 Crore, an 11% increase YoY, and a consolidated PAT of ₹1,340 Crore excluding divestment gain. Normalized PAT grew 10% YoY, demonstrating sustained profitability across all business lines.
- Revenue Growth (Q4 FY25): Revenue of ₹26,439.68 Crore.
- Net Profit (Q4 FY25): Net Profit of ₹917.74 Crore.
- Market Capitalisation: ₹23,218.70 Crore as of recent trading.
- Dividend: The Board recommended a final dividend of ₹6.80 per equity share, equivalent to 39.5% of consolidated profits without divestment gains.
Redington's performance was driven by broad-based growth across markets, with India growing 26% YoY and UAE growing 24% YoY in Q4. The cloud business grew 41% year-on-year, boosted by new software contracts and large deals.
The company's evolution into a holistic technology solutions provider is fueling growth across consumer devices, enterprise IT, and emerging domains like Cloud, Generative AI, Cybersecurity, and Sustainable Tech. Redington also continues to serve the growing demand for hybrid work and learning solutions.
Redington Limited is a Fortune India 500 company that empowers businesses in their digital transformation journeys by addressing technology friction – the gap between innovation and adoption. With presence in over 40 markets, 450+ brand associations, and 70,000+ channel partners, Redington enables end-to-end distribution for IT/ITeS, Telecom, Lifestyle, and Solar products across various markets.
The company's lifestyle products include watches, sunglasses, apparel, and accessories from popular brands such as Fossil, Ray-Ban, and Tommy Hilfiger. Redington's enterprise solutions are tailored to meet the needs of businesses, providing services such as cloud computing, data analytics, and enterprise mobility.
The company is listed on the Bombay Stock Exchange with the code 532805 and the National Stock Exchange with the code REDINGTON. The listing date was February 15, 2007, with J Ramachandran as the Chairperson.
Redington's dividend yield was 2.80% in 2024, with a payout ratio of 33.12%, compared to 2.98% and 39.77% respectively in the previous year.
Redington Limited stands as a testament to successful business transformation, evolving from a traditional distributor to a comprehensive technology solutions provider. The company's strong financial performance, strategic market positioning, and focus on emerging technologies position it well for continued growth in the rapidly evolving technology landscape.
