| Market Cap | ₹28,429 CrMid-cap |
|---|---|
| TTM Revenue | ₹1,28,133 CrOperating Revenue |
| P/E Ratio | 16.71xSector PE 37.78x |
| 1-Year Return | 35.44%Price Performance |
| Order from | AWS |
Key highlights
- Redington Gulf signs Strategic Collaboration Agreement with AWS for the META region
- Focus on accelerating AI and cloud adoption in high-growth markets like Saudi Arabia
- Redington now holds six AWS Competencies including AI and Digital Sovereignty
- Quarterly revenue grew 34.6% YoY to reaching ₹34,922 crore in June 2026
- Company recently booked ₹1,000 crore in large deals during Q1 FY27
Accelerating AI and Cloud Scale in the META Region
Redington Gulf, a subsidiary of Redington Ltd, has finalized a Strategic Collaboration Agreement with Amazon Web Services to drive digital transformation across the Middle East, Turkey, and Africa. This collaboration focuses on removing technical complexities for organizations looking to scale AI and cloud solutions. Redington Gulf will serve as a distributor, working alongside AWS Partner Network members to orchestrate market access and technical expertise.
The move follows Redington's achievement of the AWS AI Services Competency and Digital Sovereignty Services Competency, validating its ability to manage sovereign cloud requirements and AI-led transformations for regional customers.
Strategic Pillars of the AWS Collaboration
- Focus on high-growth opportunities specifically targeting Saudi Arabia and the Middle East
- Deployment support for agentic AI and sovereign cloud infrastructure
- Integration with AWS Marketplace to expand partner access to technology solutions
- Utilization of six total AWS Competencies including Migration and SAP Consulting
- Orchestration of technology and expertise to drive measurable business outcomes
Orchestrating Technology for Regional Growth
Our relationship with AWS has continued to evolve alongside changing customer priorities, and this SCA marks the next phase of that journey. It opens new opportunities in areas such as agentic AI, with a strong focus on high-growth markets such as Saudi Arabia.
Operational Momentum and Financial Context
The partnership comes at a time of significant growth for Redington, which reported a 76.5% year-on-year increase in net profit to ₹485.98 crore for the quarter ended June 30, 2026. This performance was supported by a 34.6% rise in quarterly revenue and follows a milestone where the company booked ₹1,000 crore in large deals during Q1 FY27, primarily focused on India data centers. With institutional holding standing at 79.47%, the company continues to expand its role as a technology ecosystem orchestrator.
The TTM net profit stands at ₹1,700.93 crore, reflecting steady operational execution in the global technology distribution sector.
What to watch next
- Declaration of financial results for the quarter ended September 30, 2026
- Reopening of the trading window 48 hours after the results announcement
- Execution progress of the AI-led transformation projects in Saudi Arabia
“This is a collaboration designed to accelerate cloud and AI adoption across the Kingdom of Saudi Arabia and the Middle East. Redington Gulf’s regional expertise can be a key enabler of rapid innovation.”
| Share price | ₹363.65 |
|---|---|
| Market capitalisation | ₹28,429.23 Cr |
| Revenue (annual) | ₹1.19L Cr |
| Net profit (annual) | ₹1,490.22 Cr |
| Revenue (latest quarter) | ₹34,922.47 Cr+5.15% vs previous quarter |
| Net profit (latest quarter) | ₹485.98 Cr+24.19% vs previous quarter |
| P/E (TTM) | 16.71×Sector 37.78× |
| Promoter holding | 0%0.00% QoQ |
| FII holding | 63.42%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Redington Ltd announcing a Strategic Collaboration Agreement between Redington Gulf and Amazon Web Services. Market figures from a third-party data provider.
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