REDINGTONNSERedington Limited· TradingMediumNeutral
Announced Wed, 13 May · 21:27 IST

Redington Limited has informed the Exchange about Investor Presentation

Mgmt Guided Margin ImprovementInvestor Communications View source PDF

REDINGTON · price

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Price reaction · full curve 14 horizons · vs prior close
+5.3%1-day move
₹210.54
prior close
₹212.50
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.9+0.7+1.0+1.1+5.3+4.5+5.0+6.6+4.4+6.4+13.7+15.6+33.5
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AI summary

Redington reported Q4FY26 revenue of ₹33,269 crore, up 25% YoY, with PAT at ₹467 crore (up 16% YoY). Excluding Arena, revenue grew 32%, EBITDA grew 7%, and PAT grew 17% to ₹489 crore - the highest ever quarterly PAT excluding Arena. SISA (India + Singapore + South Asia) delivered strong growth with 48% revenue increase and 42% PAT growth. However, the company took a significant impairment charge of ₹152.3 crore on its Arena (Turkey) investment due to challenging economic conditions there. The company also cited the West Asia conflict starting February 28, 2026 as temporarily impacting March performance. Working capital improved by 4 days to 30 days, and debt-to-equity remained healthy at 0.25x.

Likely market impact

The results show resilient core business growth especially in India, offsetting weakness in Turkey operations. The Arena impairment is a one-time charge that may create near-term volatility but strengthens the balance sheet. Strong working capital management and low leverage provide financial flexibility for future growth investments.