ALFA Finder
| Market Capitalization | ₹27,538 CrMid-cap |
|---|---|
| TTM Revenue | ₹1,42,004 CrOperating |
| P/E Ratio | 14.85xSector: 47.01x |
| 1-Year Return | 19.49%Annual change |
Key highlights
- Distribution partnership targets the Middle East and Africa (MEA) region
- Focuses on Salicru's UPS range including single-phase, three-phase, and modular systems
- Solutions designed for multi-megawatt deployments in data centers and industrial sites
- Leverages Redington's network of over 70,000 channel partners across 40 markets
- Complements Redington's recent closure of ₹3,800 crore in data center infrastructure deals
Strategic Expansion into Power Protection Infrastructure
Redington's collaboration with Salicru marks a significant expansion of its infrastructure portfolio in the Middle East and Africa. Salicru, a Spanish manufacturer founded in 1965, provides specialized power electronics that protect professional and industrial systems against electrical disturbances. The partnership allows Redington to offer a complete technology stack, integrating power continuity solutions into broader data center and IT infrastructure projects.
This move is strategically timed as regional businesses increase their reliance on digital infrastructure, where power reliability is essential for maintaining critical workloads and preventing data loss during supply interruptions.
Salicru Portfolio and Technical Capabilities
- Online single-phase and three-phase UPS solutions for diverse IT environments
- Modular configurations designed for high availability and scalability
- Custom tailormade solutions for unique multi-megawatt industrial deployments
- Engineering expertise in protecting professional, industrial, and household systems
- Focus on power continuity for storage, servers, and networking equipment
Market Context and Distribution Synergy
This partnership follows a strong financial performance by Redington in the quarter ended September 30, 2026, where operating revenue grew 47.7% year-on-year to ₹42,946.91 crore. The company recently disclosed it had closed ₹3,800 crore in large data center infrastructure deals driven by neo-cloud operators. By adding Salicru's power protection systems to its distribution network, Redington can capture more value from the ongoing infrastructure boom.
The agreement aligns with previous distribution wins in 2026, including tie-ups with Lenovo for servers in Iraq and AWS for AI adoption across the META region, reinforcing its role as a technology ecosystem orchestrator.
Management on Strategic Continuity
As businesses deepen their reliance on digital infrastructure, power continuity becomes a strategic consideration in how they invest, operate and grow. Our partnership with Salicru strengthens our ability to help partners address this requirement as part of a complete technology offering.
| Date | Announcement | Amount |
|---|---|---|
| 22 Oct 2026 | Strategic collaboration agreement signed between Redington Gulf and Amazon Web Services to accelerate AI adoption across the META regionSource: BSE filing | – |
| 16 Oct 2026 | Distribution agreement with Lenovo Infrastructure Solutions Group to distribute enterprise server solutions in IraqSource: cxoinsightme.com | – |
| 01 Oct 2026 | Strategic distribution agreement with OPSWAT to provide critical infrastructure cybersecurity solutions across the METACIS regionSource: sahi.com | – |
| 10 Sep 2026 | Distribution agreement with Siemens Digital Industries Software for the Siemens Xcelerator portfolio across six African marketsSource: kalkine.co.in | – |
| 20 Jul 2026 | Five-year strategic distribution agreement with Resulticks to deliver AI-driven customer engagement platforms across India and METASource: BSE filing | – |
| 01 Jul 2026 | Strategic distribution partnership with GNG Electronics to supply refurbished ICT products across IndiaSource: sahi.com | – |
What to watch next
- Projected revenue growth of north of 25% year-on-year for H2 FY27
- Sustained double-digit growth in the Software Solutions Group over 3-5 years
- Next quarterly financial results announcement scheduled for early February 2027
“Working with Redington gives us a strong platform to reach a wider network of partners and businesses across the region. Our focus is on protecting equipment and maintaining power continuity across a broad range of applications.”
“Redington brings together specialist expertise, market access and channel capabilities to support technology adoption. Together, we can help partners move the conversation beyond equipment to protecting the operations and services that businesses depend on.”
| Share price | ₹352.25 |
|---|---|
| Market capitalisation | ₹27,538.00 Cr |
| Revenue (annual) | ₹1.19L Cr |
| Net profit (annual) | ₹1,490.22 Cr |
| Revenue (latest quarter) | ₹42,946.91 Cr+22.98% vs previous quarter |
| Net profit (latest quarter) | ₹541.32 Cr+11.39% vs previous quarter |
| P/E (TTM) | 14.85×Sector 47.01× |
| 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 Limited announcing a distribution partnership with Salicru for the Middle East and Africa. Market figures from a third-party data provider.
