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Latest filing: 2026-08-27 10:13
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📊 Last 7 days — analysed filings by sentiment
Note: These are AI-generated, educational summaries of public NSE
filings — grounded in each document, but not investment advice and possibly incomplete.
Verify against the original filing and consult a SEBI-registered adviser before acting.
30 announcements match the current filters (relevance ≥ 5).
CNL Signs Pan-India Distribution Agreement with Drona Aviation for STEM Drone Kits
Creative Newtech Limited (CNL) has entered into a strategic distribution partnership with Drona Aviation Private Limited on 27th August 2026. Under the agreement, CNL secures pan-India distribution rights for Drona Aviation's STEM educational drone portfolio, including Pluto 1.2, Pluto X, and Guru nano-drones. The products will be distributed across channel partners, online platforms, large-format retail stores, corporates, and government clients. While financial terms were not disclosed, the deal aligns with CNL's stated strategy to diversify into higher-margin drone and tech ecosystems.
Confidence: MEDIUM
What changedCNL secured nationwide distribution rights for Drona Aviation's educational and STEM-focused programmable drone kits.
Why it mattersBroadens CNL's presence in high-margin specialized electronics and education tech, supporting its stated goal to lift operating margins above traditional IT distribution levels (TTM OPM: 3.5%).
Announcement Date: 27th August 2026Deal Value: not disclosedLearning Content per Kit: 16 hoursProgramming Projects: 25+CNL TTM Revenue (Context): ₹2521 Cr
📅 Short termNeutral to mildly positive sentiment as the company adds an emerging tech brand, though immediate revenue impact will depend on product rollout speed.
📈 Long termSupports CNL's strategic pivot toward higher-value specialized tech distribution, though financial materiality will depend on institutional adoption of STEM drone learning.
⚠ Risk flags
- Commercial value and minimum volume commitments not disclosed
- Adoption risk and demand scalability for educational hardware in India
Key Highlights
Distributor agreement signed on 27th August 2026 appointing CNL as Pan-India distributor for Drona Aviation.
Portfolio includes Pluto 1.2 DIY drone kit featuring 16 hours of learning content and 25+ programming projects.
Coverage extends across multiple sales channels including retail, online, corporate, and government institutions.
Commercial deal value and expected revenue contribution were not disclosed.
👀 What to Watch
Track upcoming quarterly results to monitor the revenue scale and margin accretion from CNL's newer drone and specialized tech distribution verticals.
CNL Q1 FY27: 69.6% Standalone PAT Growth; Secures Massive ₹3,195 Cr BSNL Order
Creative Newtech Limited (CNL) reported a strong Q1 FY27 with standalone PAT rising 69.63% YoY to ₹9.01 Cr and consolidated PAT reaching ₹13.54 Cr. The company announced a transformative ₹3,194.83 Cr Advance Work Order from BSNL for the BharatNet project, which represents approximately 118% of its TTM revenue. Consolidated EBITDA margins improved significantly to 5.22% from 3.80% YoY, reflecting a shift toward higher-margin segments. Strategic moves include the acquisition of Infinova India and the launch of the global consumer brand WOZOYO.
Confidence: HIGH
What changedCNL has secured a massive government infrastructure order (BSNL) that exceeds its entire previous year's revenue, while simultaneously expanding its high-margin brand and surveillance portfolio.
Why it mattersThe BSNL order provides multi-year revenue visibility and marks a significant pivot from pure IT distribution to high-value infrastructure and technology services, potentially re-rating the stock's valuation multiples.
BSNL Order Value: ₹3,194.83 CrOrder vs TTM Revenue: 118.15%Consolidated PAT (Q1 FY27): ₹13.54 CrConsolidated EBITDA Margin: 5.22%FCI Order Value: ₹35.89 Cr
📅 Short termThe stock is likely to react positively to the substantial BSNL order win and the strong YoY growth in profitability and margins.
📈 Long termThe transition into a 'Market Entry Specialist' with high-margin brand ownership and large-scale government projects could structurally improve the company's ROE and earnings profile over the next 2-3 years.
⚠ Risk flags
🔬 Flagged for deeper Multibagger analysis — view briefs →
- Higher finance costs noted in management commentary
- Working capital intensity of large government infrastructure projects
- Execution risk on the ₹3,195 Cr BSNL project
Key Highlights
Consolidated Total Income grew 20.06% YoY to ₹476.84 Cr in Q1 FY27
Standalone EBITDA increased 96.33% YoY to ₹20.00 Cr with margins expanding 161 bps to 4.46%
Secured a ₹3,194.83 Cr Advance Work Order from BSNL for the BharatNet Middle Mile Network Project
Received a ₹35.89 Cr order from the Food Corporation of India (FCI) for Smart Warehousing
Acquired Infinova India to enhance capabilities in video surveillance and intelligent infrastructure
👀 What to Watch
Investors should closely monitor the execution timeline and working capital requirements for the ₹3,195 Cr BSNL order, as large-scale infrastructure projects can impact cash flows. Track the integration of Infinova India and the scaling of the WOZOYO brand for sustained margin improvement.
32.89% Consolidated PAT Growth in Q1 FY27; ₹3,195 Cr BSNL Order Highlighted
Creative Newtech Limited (CNL) reported a strong Q1 FY27 with consolidated revenue growing 20.06% YoY to ₹476.84 Cr and PAT increasing 32.89% to ₹13.54 Cr. The standout development is a massive ₹3,194.83 Cr Advance Work Order from BSNL for the BharatNet project, which exceeds the company's total TTM revenue of ₹2,704 Cr. Standalone EBITDA margins improved significantly by 161 bps to 4.46%, driven by a shift toward high-margin 'Market Entry' and 'Brand' businesses. The company also announced the acquisition of Infinova India and the launch of its global consumer tech brand, WOZOYO.
Confidence: HIGH
What changedCNL has transitioned from a pure-play IT distributor to a technology infrastructure provider, evidenced by the massive BSNL order and the acquisition of surveillance specialist Infinova India.
Why it mattersThe BSNL order value is approximately 1.18x the company's TTM revenue, representing a massive scale-up that could structurally re-rate the business if executed profitably. The margin expansion in the standalone business validates the strategy of moving into high-margin brand segments.
BSNL Order Value: ₹3,194.83 CrBSNL Order vs TTM Revenue: ~118%Consolidated Revenue (Q1 FY27): ₹476.84 CrStandalone EBITDA Margin: 4.46%FCI Order Value: ₹35.89 CrConsolidated PAT Growth (YoY): 32.89%
📅 Short termThe stock is likely to react positively to the strong margin expansion and the sheer magnitude of the BSNL order win.
📈 Long termThe company is successfully diversifying into higher-margin segments like surveillance and government tech infrastructure, which could lead to a permanent shift in its low-margin distribution profile.
⚠ Risk flags
🔬 Flagged for deeper Multibagger analysis — view briefs →
- Execution risk on the massive BSNL project
- Rising finance costs as noted in management comments
- Working capital intensity of large government infrastructure projects
Key Highlights
Consolidated PAT grew 32.89% YoY to ₹13.54 Cr in Q1 FY27 despite higher finance costs.
Secured a transformative ₹3,194.83 Cr Advance Work Order from BSNL for the BharatNet Middle Mile Network.
Standalone EBITDA increased 96.33% YoY to ₹20.00 Cr with margins expanding to 4.46%.
Standalone PAT surged 69.63% YoY to ₹9.01 Cr for the quarter ended June 30, 2026.
Won a ₹35.89 Cr order from the Food Corporation of India (FCI) for smart warehousing across 150 depots.
👀 What to Watch
Monitor the execution timeline and working capital requirements for the ₹3,195 Cr BSNL project, as its scale relative to the balance sheet is substantial. Watch for the integration of Infinova India and the performance of the new WOZOYO brand in upcoming quarters.
CNL Q1 FY27: 69.6% PAT Growth; Massive ₹3,195 Cr BSNL Order Win
Creative Newtech Limited (CNL) reported a strong Q1 FY27 with standalone PAT rising 69.6% YoY to ₹9.01 Cr. Revenue grew 25.6% YoY to ₹448.29 Cr, while EBITDA margins expanded significantly by 161 bps to 4.46%. The company announced a massive Advance Work Order from BSNL worth ₹3,194.83 Cr for the BharatNet project, which is approximately 1.18x its TTM revenue of ₹2,704 Cr. Strategic moves include the acquisition of Infinova India and the launch of the global consumer brand WOZOYO.
Confidence: HIGH
What changedCNL has reported a significant jump in profitability and secured a single order (BSNL) that exceeds its entire previous year's revenue, marking a shift toward large-scale government infrastructure projects.
Why it mattersThe massive order book provides multi-year revenue visibility and validates CNL's transition from a low-margin IT distributor to a technology-led infrastructure and brand specialist with higher margins.
BSNL Order Value: ₹3,194.83 CrOrder vs TTM Revenue: 118.15%Q1 FY27 Standalone PAT: ₹9.01 CrEBITDA Margin Expansion: 161 bpsFCI Order Value: ₹35.89 CrConsolidated PAT Growth: 32.89%
📅 Short termThe stock is likely to react positively to the combination of strong earnings growth and the announcement of a transformative order win.
📈 Long termStructural re-rating is possible if the company successfully executes the BSNL project while maintaining its target PAT margins of 4.5-5% through its brand business.
⚠ Risk flags
🔬 Flagged for deeper Multibagger analysis — view briefs →
- Execution risk of a project larger than current annual revenue
- Rising finance costs
- Working capital intensity of government contracts
Key Highlights
Standalone PAT increased 69.63% YoY to ₹9.01 Cr in Q1 FY27
Secured a ₹3,194.83 Cr Advance Work Order from BSNL for BharatNet Middle Mile Network
EBITDA margins improved by 161 bps to 4.46% from 2.85% in the previous year
Consolidated total income grew 20.06% YoY to ₹476.84 Cr
Received a ₹35.89 Cr order from Food Corporation of India for Smart Warehousing
👀 What to Watch
Monitor the execution timeline and working capital requirements for the ₹3,195 Cr BSNL order, as it represents a massive scale-up. Watch for the impact of higher finance costs on net margins as the company integrates recent acquisitions.
₹0.50 Final Dividend: Creative Newtech Sets September 23 as Record Date
Creative Newtech Limited (CNL) has fixed September 23, 2026, as the record date for a final dividend of ₹0.50 per share (5% of face value) for FY26. This follows a year where the company reported a PAT of ₹51.35 Cr, up from ₹39.38 Cr in FY25. The dividend is subject to shareholder approval at the 22nd Annual General Meeting scheduled for September 30, 2026. Given the current stock price of ₹1005.9, the dividend yield is marginal at approximately 0.05%.
Confidence: HIGH
What changedThe company has finalized the administrative timeline for its FY26 dividend payout and the upcoming Annual General Meeting.
Why it mattersWhile the dividend amount is small relative to the share price, it maintains the company's track record of payouts during a period of high growth and transition into higher-margin segments like drones and data centers.
Final Dividend: ₹0.50 per shareDividend Yield: ~0.05%Record Date: 23-Sep-2026AGM Date: 30-Sep-2026FY26 PAT: ₹51.35 Cr
📅 Short termThe stock price is unlikely to be significantly impacted by the dividend due to the low yield, though minor volume may be seen around the ex-dividend date.
📈 Long termLimited structural significance from this announcement; the long-term value depends on the company's ability to improve OPM from the current 2.8% through its new tech segments.
⚠ Risk flags
- Low dividend yield
- Thin operating margins in core distribution business
Key Highlights
Final dividend of ₹0.50 per share announced for the financial year ended March 31, 2026.
Record date for dividend entitlement and e-voting eligibility fixed for September 23, 2026.
22nd Annual General Meeting (AGM) to be held via video conferencing on September 30, 2026.
Remote e-voting period scheduled from September 27, 2026 (09:00 AM) to September 29, 2026 (05:00 PM).
FY26 annual revenue stood at ₹2044.76 Cr with a net profit of ₹51.35 Cr.
👀 What to Watch
Investors interested in the dividend must hold shares by the record date of September 23, 2026. The focus should remain on the company's execution of its high-margin 'Brand Business' strategy, which aims for a PAT of ₹60 Cr in FY26.
CNL Q1 FY27 Net Profit Surges 70% YoY to ₹9.01 Cr; Board Approves 2 Lakh ESOPs
Creative Newtech Limited (CNL) reported a strong performance for Q1 FY27 (ended June 30, 2026), with standalone revenue growing 26.9% YoY to ₹447.51 Cr. Net profit saw a significant jump of 69.7% YoY, reaching ₹9.01 Cr compared to ₹5.31 Cr in the same quarter last year. The board also approved a new ESOP Scheme 2026 for 2,00,000 shares (approx. 1.5% of capital) and fixed September 23, 2026, as the record date for the final dividend.
Confidence: HIGH
What changedCNL reported its Q1 FY27 financial results showing robust profit growth and initiated a new employee stock option scheme to retain talent.
Why it mattersThe strong profit growth indicates successful scaling, but the sharp rise in finance costs (₹7.48 Cr) suggests higher working capital intensity or debt levels which could pressure future earnings if not managed.
Q1 FY27 Revenue (Standalone): ₹447.51 CrQ1 FY27 Net Profit (Standalone): ₹9.01 CrYoY Profit Growth: 69.7%Finance Costs (Q1 FY27): ₹7.48 CrESOP Pool Size: 2,00,000 units
📅 Short termThe stock is likely to react positively to the nearly 70% YoY growth in net profit and the announcement of the dividend record date.
📈 Long termThe company's ability to maintain this growth while managing high finance costs and successfully diversifying into high-margin 'Brand Business' will be critical for long-term value creation.
⚠ Risk flags
- High finance cost growth (152% YoY)
- Thin operating margins inherent in distribution business
- Potential equity dilution from ESOPs
Key Highlights
Standalone Revenue from operations increased 26.9% YoY to ₹447.51 Cr from ₹352.72 Cr.
Net Profit for the quarter rose 69.7% YoY to ₹9.01 Cr from ₹5.31 Cr.
Finance costs escalated significantly by 152.8% YoY to ₹7.48 Cr from ₹2.96 Cr.
Approved ESOP Scheme 2026 covering 2,00,000 equity shares, representing 1.5% of paid-up capital.
Record date for the final FY26 dividend is fixed for September 23, 2026.
👀 What to Watch
Investors should monitor the impact of rising finance costs on net margins and track the company's progress in transitioning to higher-margin segments like drones and data centers as per their stated strategy.
USD 4.00 Million Acquisition: CNL to Acquire Infinova India for Surveillance Tech Platform
Creative Newtech Limited (CNL) has approved a budget of up to USD 4.00 million (approx. ₹33.4 cr) to acquire 100% of Infinova (India) Private Limited. The acquisition includes a manufacturing facility in Pune, exclusive brand rights, and technical expertise in high-end surveillance and AI analytics. This move is a strategic pivot from CNL's current low-margin distribution model (2.8% OPM) toward an integrated 'Make in India' technology platform. While the acquisition cost is small at ~2.3% of CNL's market cap, it is central to their goal of reaching 4.5-5% PAT margins within three years.
Confidence: HIGH
What changedCNL is transitioning from a pure-play IT distributor to a manufacturer and brand owner in the surveillance technology space through the acquisition of Infinova India.
Why it mattersThe move addresses CNL's thin operating margins by adding higher-value manufacturing and proprietary brand rights, aligning with government 'Make in India' incentives and high-growth surveillance demand.
Acquisition Budget: USD 4.00 MillionAcquisition vs Market Cap: ~2.3%Target Stake: 100%TTM Revenue: ₹2704 CrCurrent Operating Margin: 2.8%
📅 Short termPositive sentiment expected as the company moves into the high-growth surveillance and manufacturing sector, though immediate financial impact will be limited until the deal closes.
📈 Long termStructural shift toward a higher-margin business model; owning manufacturing and brand rights reduces dependency on thin-margin distribution contracts.
⚠ Risk flags
🔬 Flagged for deeper Multibagger analysis — view briefs →
- Execution risk in integrating manufacturing operations
- Subject to satisfactory due diligence
- Potential increase in working capital requirements for manufacturing
Key Highlights
Budget of up to USD 4.00 million approved for 100% equity acquisition of Infinova India
Acquisition includes a local assembly and manufacturing facility in Pune to support 'Make in India'
Infinova Global Group historically achieved peak annual revenues exceeding USD 450 million
Strategic shift from a distribution-led model to a technology-led surveillance business platform
Includes exclusive brand rights, technical assistance, and an existing experienced team
👀 What to Watch
Monitor the timeline for definitive agreement execution and final closing details. Investors should track if this acquisition leads to an improvement in operating margins from the current 2.8% in subsequent quarters.
$4.00 Million Acquisition of Infinova India to Build Surveillance Tech Platform
Creative Newtech (CNL) has approved a budget of up to USD 4.00 Million (approx. ₹33.5 Cr) to acquire 100% of Infinova (India) Private Limited. This strategic move includes acquiring a Pune-based manufacturing facility, exclusive brand rights, and an established team to pivot from a distribution-led model to an integrated surveillance technology platform. The acquisition cost represents roughly 2.3% of CNL's market capitalization. This aligns with management's goal to improve thin operating margins (currently 2.8%) by focusing on 'Make in India' and high-margin specialized tech segments.
Confidence: HIGH
What changedCNL is transitioning from a pure-play distributor to a manufacturer and brand owner in the surveillance technology space through this acquisition.
Why it mattersThis acquisition provides the infrastructure and IP needed to capture higher margins and participate in 'Make in India' government and enterprise projects, moving away from low-margin distribution.
Acquisition Budget: USD 4.00 MillionAcquisition vs Market Cap: ~2.3%Target Stake: 100%Current OPM: 2.8%Target PAT Margin: 4.5-5%
📅 Short termPositive market reaction is expected as the company delivers on its stated strategy of diversifying into higher-margin segments.
📈 Long termThis represents a significant structural shift; successful integration of manufacturing and brand ownership could lead to sustainable margin expansion and a potential business re-rating.
⚠ Risk flags
🔬 Flagged for deeper Multibagger analysis — view briefs →
- Integration risk of manufacturing operations
- Potential for increased working capital needs in the 'Make in India' segment
Key Highlights
Budget of up to USD 4.00 Million approved for 100% equity acquisition of Infinova India.
Acquisition includes a Pune-based assembly and manufacturing facility and exclusive brand rights.
Target entity Infinova India has been operational since its incorporation in 2010.
Strategic shift aims to support a target PAT margin of 4.5-5% within three years, up from current levels.
Acquisition value represents approximately 2.3% of CNL's current market capitalization of ₹1423 Cr.
👀 What to Watch
Watch for the final closing details and the disclosure of Infinova India's historical financial performance (turnover and margins) to gauge the immediate accretive impact on CNL's consolidated books.
USD 4.00 Million Acquisition of Infinova India to Boost Surveillance Manufacturing
Creative Newtech Limited (CNL) has approved the 100% acquisition of Infinova (India) Private Limited for a budget of up to USD 4.00 million (approx. ₹33.4 Cr). This strategic move includes acquiring a manufacturing facility in Pune, exclusive brand rights, and an established customer network in high-security sectors like airports and defense. The acquisition is a key step in CNL's transition from a low-margin distribution model (2.8% OPM) to an integrated, technology-led surveillance platform. While the target's financial turnover was not disclosed, the deal represents approximately 2.3% of CNL's current market capitalization.
Confidence: HIGH
What changedCNL is evolving from a pure-play IT distributor into a manufacturer and brand owner in the electronic security and surveillance space.
Why it mattersThe distribution business operates on thin margins (2.8% OPM); owning manufacturing and brand rights allows for higher value-add and potential margin expansion in line with the company's 'Make in India' strategy.
Acquisition Budget: USD 4.00 MillionStake Acquired: 100%Budget vs Market Cap: ~2.3%TTM Revenue: ₹2704 CrTTM Operating Margin: 2.8%
📅 Short termThe announcement is likely to be viewed positively by the market as it demonstrates execution of the company's stated strategy to enter high-margin segments.
📈 Long termIf integrated successfully, this provides CNL with the infrastructure to capture the growing demand for domestic surveillance products, potentially re-rating the stock from a distributor to a tech-manufacturer.
⚠ Risk flags
🔬 Flagged for deeper Multibagger analysis — view briefs →
- Financial performance of the target entity is currently not disclosed
- Execution risk in transitioning from distribution to manufacturing management
- Potential increase in working capital requirements for manufacturing operations
Key Highlights
Board approved a maximum budget of USD 4.00 million for the 100% equity acquisition of Infinova India.
Acquisition includes a dedicated product assembly and manufacturing facility located in Pune.
CNL secures exclusive brand rights for Infinova in India, moving beyond its traditional distribution-only role.
Target entity has established project references in critical sectors including airports, metro projects, and defense.
The transaction will be settled entirely in cash upon completion of due diligence and definitive agreements.
👀 What to Watch
Investors should watch for the follow-up filing disclosing Infinova India's historical turnover and profit margins to evaluate the acquisition's valuation and immediate impact on CNL's consolidated P&L.
CNL Partners with Ravel Electronics for Fire and Life Safety Distribution in India
Creative Newtech Limited (CNL) has entered a strategic partnership with Ravel Electronics to become the Master Distributor for their Fire Detection and Life Safety Solutions across India. The agreement covers Ravel’s UL-listed Conventional and Addressable Fire Alarm Systems, including the AARAL Enterprise Series for large-scale industrial applications. This move allows CNL to diversify its portfolio into the high-compliance fire safety market, targeting commercial, healthcare, and government sectors. Ravel is a market leader, being the first Indian manufacturer to achieve UL Listing across its fire alarm portfolio.
Key Highlights
CNL appointed as Master Distributor for Ravel Electronics' Fire Alarm and Life Safety Solutions in India.
Ravel is the first Indian manufacturer to secure UL Listing for its portfolio and introduce UL 8th Edition detectors.
Partnership includes distribution of the AARAL Enterprise Series for mission-critical and large-scale applications.
Strengthens CNL's presence in Surveillance, Security, and Enterprise Technology segments.
CNL will leverage its omni-channel network and association with over 20 global brands to drive market reach.
👀 What to Watch
Investors should monitor the revenue growth and margin impact from this specialized safety segment, as it represents a move into higher-value, mission-critical infrastructure technology. The partnership validates CNL's strategy of expanding its value-added distribution model beyond traditional IT peripherals.
Creative Newtech Launches Global Brand WOZOYO; Targets $213B Addressable Market
Creative Newtech (CNL) has launched WOZOYO, a proprietary global consumer technology brand under its Hong Kong subsidiary, Secured Connection Limited. This marks a significant strategic pivot from a pure distribution model to brand ownership in the affordable-premium segment. The brand will focus on four pillars: Connected Productivity, Entertainment & Mobility, Smart Living, and Personal Wellness, targeting a global addressable market exceeding $213 billion. By leveraging its 30-year distribution expertise, CNL aims to capture higher margins and build proprietary intellectual property.
Key Highlights
Launch of WOZOYO, a proprietary global brand designed in Japan for the affordable-premium consumer technology segment.
Targets a combined addressable market opportunity exceeding $213 billion globally across audio, smart home, and IT accessories.
Strategic shift from enabling global brands to creating proprietary brands to participate deeper in the value chain and enhance margins.
Initial product ecosystem includes charging essentials, audio products, laptop accessories, and smart home solutions like air purifiers.
Leverages CNL's existing omni-channel distribution network and 30+ years of experience in market development and product sourcing.
👀 What to Watch
Investors should view this as a high-margin growth catalyst that moves the company up the value chain. Monitor the brand's initial market reception and the impact on consolidated operating margins in upcoming quarterly results.
CNL Wins Mega INR 3,194.83 Cr BharatNet Project Order from BSNL for Odisha Circle
Creative Newtech Limited, in consortium with a partner, has received an Advance Work Order (AWO) from BSNL valued at approximately INR 3,194.83 crore. The project involves the design, construction, and maintenance of the BharatNet Middle Mile Network in the Odisha Telecom Circle. This massive contract is expected to be completed within three years and marks a strategic shift for the company into large-scale public sector digital infrastructure. The deal includes long-term operations and maintenance, offering potential recurring revenue streams beyond the initial deployment phase.
Key Highlights
Awarded Advance Work Order (AWO) from BSNL for BharatNet project worth approximately INR 3,194.83 crore.
Project covers design, supply, construction, installation, and O&M of the Middle Mile Network in Odisha.
Execution timeline is estimated at 3 years, subject to definitive agreements and route-wise work orders.
Strategic entry into high-value digital infrastructure, supporting future growth in AI, IoT, and data centers.
The contract includes long-term operations and maintenance, providing visibility for implementation and service phases.
👀 What to Watch
Investors should view this as a transformative win that significantly expands CNL's order book and shifts its profile toward high-value infrastructure services. Monitor the company's execution capabilities and the impact on operating margins as it transitions from distribution to large-scale project management.
Creative Newtech FY26 PAT Jumps 32% to ₹70 Cr; Revenue Crosses ₹2,700 Cr Milestone
Creative Newtech Limited (CNL) delivered a robust performance in FY26, with total income growing 50.85% YoY to ₹2,717.51 crores. The company hit significant financial milestones, crossing ₹100 crores in EBITDA and ₹70 crores in PAT, driven by expansion in surveillance, AI, and the Honeywell brand. Management has provided a strong growth guidance of 25-30% revenue and 30% profit growth for the next 5-6 years. A potential demerger of the high-margin brand business is being considered once it reaches a ₹1,000 crore scale, likely in 2-3 years.
Key Highlights
Total income for FY26 reached ₹2,717.51 crores, reflecting a 50.85% YoY growth.
Full-year PAT increased by 32.35% to ₹70.29 crores, with Q4 PAT at ₹17.79 crores.
EBITDA crossed the ₹100 crore threshold for the first time, ending FY26 at ₹104 crores.
Honeywell brand expanded to 38 countries and recorded over 100% growth in quick commerce.
Logistics costs have surged due to Middle East tensions, with freight rates rising from $1,500 to $8,000.
👀 What to Watch
Investors should focus on the company's ability to sustain 30% profit growth despite rising logistics costs and monitor the potential value unlocking from a future demerger of the branded business.
Creative Newtech Q4 FY26 Revenue Surges 81% YoY to ₹740 Cr; PAT Up 30%
Creative Newtech (CNL) reported a robust 81.16% YoY growth in Q4 FY26 revenue, reaching ₹740.44 crore, driven by strong execution in enterprise technology and government orders. For the full year FY26, the company achieved a total income of ₹2,717.51 crore, reflecting a 50.85% YoY increase, while PAT grew 32.35% to ₹70.29 crore. Despite the strong top-line growth, EBITDA margins for the quarter compressed to 3.97% from 4.73% due to higher input and finance costs. The company also saw a significant increase in borrowings to ₹324.24 crore, primarily to support working capital and MSME vendor payments via the TReDS platform.
Key Highlights
Q4 FY26 Consolidated Total Income rose 81.16% YoY to ₹740.44 crore.
Full-year FY26 PAT increased by 32.35% to ₹70.29 crore compared to ₹53.11 crore in FY25.
EBITDA margins for Q4 FY26 compressed to 3.97% from 4.73% in the previous year.
Total borrowings increased to ₹324.24 crore, with ₹171.19 crore linked to TReDS supply chain finance.
Secured major government orders for Body-Worn Cameras and Disaster Management kits.
👀 What to Watch
Investors should monitor the company's ability to scale its high-margin 'Brand Business' and manage the increased debt levels. While revenue growth is exceptionally strong, the focus should be on margin stabilization and working capital efficiency in upcoming quarters.
Creative Newtech Q4 Standalone PAT Surges 91.6% YoY; FY26 Consolidated PAT at ₹70.3 Cr
Creative Newtech reported a stellar Q4 FY26 with standalone total income doubling to ₹718.36 crore and PAT rising 91.64% YoY to ₹12.40 crore. For the full year FY26, consolidated PAT grew 32.35% to ₹70.29 crore on a revenue base of ₹2,717.51 crore. The company is successfully diversifying into high-growth segments like cybersecurity, drones, and government infrastructure projects. While margins saw slight compression on a full-year basis, the strong top-line growth and strategic order wins indicate robust business momentum.
Key Highlights
Standalone Q4 revenue surged 100.98% YoY to ₹718.36 crore, driven by market entry and brand business.
Consolidated FY26 PAT reached ₹70.29 crore, a 32.35% increase compared to the previous year.
Consolidated EBITDA for FY26 crossed the ₹100 crore mark, standing at ₹104.00 crore.
Secured major Government of India orders for Body-Worn Cameras and Disaster Management Kits.
Expanded strategic portfolio through new distribution agreements with Kaspersky (Cybersecurity) and PDRL (Drones).
👀 What to Watch
The company's aggressive expansion into high-growth tech segments and government contracts justifies a positive outlook. Investors should monitor if the rapid revenue growth eventually leads to improved net margins as these new segments scale.
Creative Newtech Q4 FY26 Standalone PAT Jumps 91.6% YoY to ₹12.4 Cr; Income Doubles
Creative Newtech Limited (CNL) reported a robust performance for Q4 FY26, with standalone total income doubling to ₹718.36 crore compared to the previous year. Standalone PAT for the quarter surged by 91.64% YoY to ₹12.40 crore, while full-year consolidated PAT reached ₹70.29 crore, up 32.35% YoY. The growth was driven by strong execution in market entry and brand businesses, alongside strategic expansions into cybersecurity and drone technologies. The company also secured significant government orders for body-worn cameras and disaster management kits, enhancing future revenue visibility.
Key Highlights
Standalone Q4 FY26 total income grew 100.98% YoY to ₹718.36 crore.
Standalone Q4 EBITDA increased by 102.53% YoY to ₹23.85 crore with margins at 3.32%.
Full-year FY26 consolidated PAT stood at ₹70.29 crore, representing a 32.35% YoY growth.
Secured major government orders for Body-Worn Camera solutions and Disaster Management kits.
Expanded portfolio through new distribution agreements with Kaspersky (cybersecurity) and PDRL (drones).
👀 What to Watch
The company is demonstrating strong growth momentum and successfully diversifying into high-growth tech segments like AI, drones, and cybersecurity. Investors should monitor the margin profile as the company scales its 'Make in India' initiatives and executes large-scale government contracts.
Creative Newtech Appoints Ajit Thakur as CFO; 17+ Years Experience in Finance & Fundraising
Creative Newtech Limited has appointed Mr. Ajit Thakur as its new Chief Financial Officer and Key Managerial Personnel, effective May 14, 2026. Mr. Thakur brings over 17 years of extensive experience from major organizations like Mahindra & Mahindra and Time Technoplast, specializing in strategic planning and fundraising. This appointment fills the vacancy left by Mr. Abhijit Kanvinde, who resigned in April 2026. His expertise in IPO readiness and digital transformation suggests a focus on scaling operations and improving financial governance.
Key Highlights
Appointment of Mr. Ajit Thakur as CFO and KMP effective May 14, 2026
Mr. Thakur possesses over 17 years of experience across sectors like EV, Steel, and Manufacturing
Previous leadership roles held at Mahindra & Mahindra Ltd., Mahyco Group, and Time Technoplast Ltd.
Expertise includes large-scale fundraising (ECB, PE funding) and IPO readiness
The appointment follows the resignation of the previous CFO on April 14, 2026
👀 What to Watch
Investors should view this as a positive step in strengthening the leadership team with a seasoned professional. Monitor for any shifts in financial strategy or capital allocation under the new leadership.
Creative Newtech FY26 Results: Recommends Re. 0.50 Dividend; Appoints Ajit Thakur as CFO
Creative Newtech Limited reported its FY26 results, recommending a final dividend of Re. 0.50 per share. The standalone balance sheet reveals a massive expansion, with total assets nearly doubling to Rs. 863.11 crore. However, this growth is accompanied by a sharp rise in trade receivables to Rs. 551.38 crore and current borrowings to Rs. 324.25 crore, indicating a significant working capital stretch. The board also appointed Ajit Thakur as the new CFO to stabilize management following the previous CFO's resignation in April.
Key Highlights
Recommended a final dividend of Re. 0.50 per equity share (5% of face value) for FY26.
Standalone trade receivables surged by 164% YoY to Rs. 551.38 crore from Rs. 208.71 crore.
Current borrowings increased significantly from Rs. 69.53 crore to Rs. 324.25 crore.
Total standalone assets grew by 84% to reach Rs. 863.11 crore as of March 31, 2026.
Appointed Ajit Thakur as Chief Financial Officer and KMP effective May 14, 2026.
👀 What to Watch
Investors should closely monitor the quality of the ballooning trade receivables and the impact of increased debt on interest coverage ratios. While the dividend and asset growth are positive, the stretched working capital cycle warrants a cautious approach.
Creative Newtech Secures Rs 35.89 Cr Smart Warehousing Order from FCI
Creative Newtech Limited (CNL) has secured a significant contract worth Rs. 35.89 crore from the Food Corporation of India (FCI) for a smart warehousing project. The project involves deploying AI-based surveillance and IoT infrastructure across 150 depots nationwide. The implementation is scheduled for completion within 180 days, followed by a three-year maintenance contract. This order highlights CNL's growing capabilities in high-tech infrastructure and government-sector projects.
Key Highlights
Order value of Rs. 35.89 crore for the FCI Smart Warehousing Project.
Deployment across 150 depots involving AI, IoT, and surveillance systems.
Project implementation timeline of 180 days for final commissioning.
Includes a 3-year Annual Maintenance Contract (AMC) support period.
The order is from a domestic government entity (FCI) with no promoter interest.
👀 What to Watch
Investors should monitor the execution of this project within the 6-month timeline as it validates the company's tech capabilities. The 3-year AMC provides visible recurring revenue and strengthens the company's service portfolio.
Creative Newtech Secures Rs 35.89 Cr Smart Warehousing Order from FCI for 150 Depots
Creative Newtech Limited (CNL) has secured a significant contract worth Rs. 35.89 crore from the Food Corporation of India (FCI) for a Smart Warehousing Project. The project involves deploying AI and IoT-based infrastructure across 150 depots nationwide to modernize India's food storage systems. Execution will occur in two phases of 75 sites each, with a completion timeline of 180 days followed by three years of AMC support. This win marks a strategic entry into government-led digital infrastructure and high-growth surveillance solutions, potentially offering better margins than traditional distribution.
Key Highlights
Order valued at Rs. 35.89 crore for the FCI Smart Warehousing Project across 150 depots.
Scope includes AI-based surveillance, IoT sensor modules, and automated bag counting systems.
Project execution divided into two phases of 75 sites each with a 180-day commissioning deadline.
Contract includes three years of Annual Maintenance Contract (AMC) support post-commissioning.
Strategic shift for the company into high-growth government-led digital infrastructure and smart technology.
👀 What to Watch
Investors should monitor the company's ability to execute this project within the 180-day timeline, as successful delivery could open doors for larger PSU contracts. The move into smart warehousing and AI services is a positive indicator of margin expansion beyond traditional IT distribution.
