Redington

Q1 FY27Commercial Services & Supplies

Redington Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book

Q1 FY27 earnings call: what management guided on revenue, margins and order book.

Price₹353

Market cap₹27.4K Cr

P/E15.2

Updated25 Aug 2026

Read4 min read

What the Q1 FY27 call signalled

2 of 3 strong

RevenueRank 1

MarginRank 4

Order bookYes

Not discussed on this call: capex, fundraise.

The short version

Redington expects continued strong growth, especially in India, which grew 63% in Q1 FY '27. Q1 FY27 showed strong growth: 34% revenue, 67% EBITDA, 77% PAT YoY.

From Redington's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.

Revenue & Sales Performance

Rank 1

Redington expects continued strong growth, especially in India, which grew 63% in Q1 FY '27.
Large data center deals (~INR1,000 crores) and a robust pipeline indicate sustained momentum ahead.
Cloud and Software Solutions groups are key growth drivers with over 50% growth and expanding partnerships.
Mobility segment growth driven by premium smartphones, though price hikes may moderate demand after one more quarter.
AI-related hardware demand (AI GPUs, AI PCs) is projected to remain strong for the next 4-6 quarters with increasing refresh cycles.
Supply chain constraints and price increases expected to stabilize, affecting unit volumes and revenue positively over time.
Middle East & Africa showing mixed trends; growth sustained at 15% despite regional tensions, with expectations of recovery in UAE and Saudi.
Overall, revenue growth driven more by value/pricing increases than volume growth currently, with volumes expected to recover gradually.

Profitability & Margins

Q1 FY27 showed strong growth: 34% revenue, 67% EBITDA, 77% PAT YoY.
India business grew 63% in revenue and 60% in PAT, leading overall growth.
Cloud, software, and professional services are key growth areas with strong deal pipelines, especially in data centers.
Large deals (~INR 1,000 crores) and backlog in India suggest continued momentum for next few quarters.
AI-driven hardware demand (PCs and servers) expected to grow over next 4-6 quarters with refresh cycles.
Price hikes in Endpoint Solutions (25-50%) positively impacting value growth, volumes showing single-digit growth.
Middle East & Africa region growing 15% despite geopolitical challenges; some regions expected to recover.
Operating leverage and scalable platform expected to support further profit growth.
Interest costs elevated due to higher revenue and working capital; expected to stabilize on a quarterly run rate.
Arena (Turkey) losses may continue this year but efforts ongoing to restructure and turn profitable.

See what Redington said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

The provided pages of the Redington Limited report do not explicitly mention any current or future capex, capital investment, or strategic investment details. The focus is primarily on operational performance, growth areas, challenges, and business segment updates such as: - Growth in large data center deals (~INR1,000 crores) with a strong pipeline ahead. - Expansion and penetration in premium mobility and AI-powered endpoints. - Emphasis on new marketplaces and omnichannel strategies in Software Solutions. - Strategic challenges and restructuring efforts in the Turkey (Arena) business. - Attention on supply chain management amid geopolitical tensions. No direct references to specific capex plans or strategic capital investments appear in the given excerpts.

Top-ranked in Commercial Services & Supplies

Ranked on what management guided this quarter

5x potential

1Anlon Technology Solutions Ltd₹504 Cr

Rev 1Mar 3

2Techknowgreen₹105 Cr

Rev 1Mar 3

3₹54 Cr

Rev 2Mar 2

4₹7.2K Cr

Rev 2Mar 3

5₹6.1K Cr

Rev 2Mar 3

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

There is no specific mention of any current or future new fundraising through debt or equity in the provided transcript.
The company discussed managing working capital and reducing debt in certain segments (e.g., Arena debt reduced from $120-$130 million to $90 million).
Interest costs have increased due to higher revenue and inventory days, but no mention of new debt raising.
The focus appears to be on managing existing debt and improving profitability rather than raising new funds.
If any strategic changes or fundraising plans arise, the management stated they would keep investors updated.

See what Redington said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

Yes

For large data center deals in India, Redington has an order book of approximately INR 1,000 crores in the current quarter.
The funnel for data center deals is significantly larger, with multiple times the current order book value expected in upcoming quarters.
This strong backlog and funnel indicate promising growth potential in the data center business segment.
The company continues to actively pursue these opportunities, leveraging government incentives like tax holidays and increased demand for hosting in India.
No specific quantitative details were provided on overall pending orders beyond these data center deal figures.

Redington — Quarterly revenue & net profit

Revenue Net profit

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹33.2K Cr, net profit ₹288 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

What Redington Ltd's management said in earlier quarters

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Frequently Asked Questions

What were Redington Q1 FY27 results?

Redington expects continued strong growth, especially in India, which grew 63% in Q1 FY '27. Q1 FY27 showed strong growth: 34% revenue, 67% EBITDA, 77% PAT YoY.

What is Redington share price analysis?

Redington currently shows a strong growth signal based on ranking data. The stock trades at a P/E of 15.2 with a market cap of ₹27,405 Cr. Investors should review the full earnings analysis for detailed insights.

Is Redington planning capital expenditure?

The provided pages of the Redington Limited report do not explicitly mention any current or future capex, capital investment, or strategic investment details.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.