Redington Limited (REDINGTON) — Announcement

· NSE Neutral
📢 Key Event
Redington unveiled its SSG transformation strategy targeting $5B revenue by FY29 with 23% CAGR and 74% recurring revenue.
🔄 What Changed
Recurring revenue now 74% of portfolio; FY25 revenue up 29% to $1.7B; FY26 ARR target set for CQ 2.0/2.1/2.2 releases
🔮 What's Next
ARR milestones to be tracked quarterly; CQ 2.0 released September 2026, CQ 2.1/2.2 December 2026
💡 Investor Takeaway
This transformation positions Redington to capture high-growth, high-margin opportunities in cloud, software, and security with predictable, recurring revenue streams.

Redington Limited announced its virtual investor event on June 17, 2026, showcasing its transformation into an intelligent orchestration platform (SSG) to capture high-growth opportunities in software, cloud, and security. The presentation highlighted a 29% YoY revenue increase to $1.7 billion in FY25, with recurring revenue now at 74% of the portfolio, and projected 23% CAGR over the next three years. Key investments include $1.5–2 million in FY26 for SSG capabilities, targeting $5 billion gross revenue by FY29 with 5.5–6% margins. The company emphasized predictable, recurring revenue streams and platform-driven scalability to drive higher profitability and market share in the $700B SaaS, $1.3T cloud, and $500B cybersecurity markets.

📄 View Original Announcement (PDF)

About Redington Limited (REDINGTON)

Services · Commercial Services & Supplies · Listed on NSE

Market Cap: ₹17,299.89 Cr P/E: 13.7

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.