CPPLUSNSEAditya Infotech LimitedMediumPositive
Announced Thu, 12 Feb · 21:12 IST

Aditya Infotech Limited has informed the Exchange about Arrangements for strategic, technical, manufacturing, or marketing tie up with Orient Cables (India) Limited

Marquee Jv AnnouncedStrategic Transactions View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Aditya Infotech (CPPLUS) reported consolidated revenue of Rs. 1,139.1 crore for Q3 FY26 (up from Rs. 919.6 crore in Q2 FY26) and profit after tax of Rs. 95.98 crore, with EPS of Rs. 8.18. For the nine months ended December 2025, revenue stood at Rs. 2,798.8 crore and PAT at Rs. 198.8 crore. The company signed a non-binding MoU with Orient Cables (India) Limited to form a 50:50 joint venture for manufacturing electric cables, LAN cables, CCTV cables, and connectors exclusively for Aditya Infotech, enabling backward integration. Its material subsidiary AIL Dixon Technologies will set up a greenfield project in Kadapa, Andhra Pradesh, to manufacture 30 million plastic and metal housing units per annum for CCTV products at an investment of ~Rs. 75 crore, to be completed in phases by Q4 FY27. Additional capacity augmentation is also planned at the existing Kadapa plant. The board approved amending the Articles of Association to allow Dixon Technologies to nominate one director on the company's board, subject to shareholder approval.

Likely market impact

The Orient Cables JV and Kadapa greenfield project strengthen backward integration and supply chain control, which should support margins and reduce dependency on third-party suppliers over time. The Dixon director nomination further cements the strategic alignment between the two companies. For shareholders, these are growth-oriented moves, though the JV is still non-binding and pending definitive agreements.