CREATIVE NEWTECH LIMITED

Distributes enterprise technology products — surveillance, IT hardware, AI, IoT, cybersecurity, drones and connected infrastructure — across India and overseas through its Market Entry Specialist segment, which generated 90.9% of FY26 revenue at ₹2,318.92 crore. The Brand Business segment (9.1% of revenue, ₹232.24 crore) sells Honeywell-licensed products (air purifiers, security cameras and similar) across 38+ countries in APAC, Middle East and Africa, plus the newly launched WOZOYO consumer brand and Vertual, an own surveillance brand slated for May 2026 launch in India and the US. FY26 consolidated revenue stood at ₹2,699.77 crore with an EBITDA margin of 3.85%, and the brand business grew to ₹369.61 crore (14.1% of total) split between India (₹231.98 crore) and overseas (₹137.6 crore). Online quick commerce grew over 100% in India, UAE and Saudi Arabia, with the company stating it sold one product every 60 seconds online in FY26. Major order pipeline includes a BharatNet Middle Mile Network Advance Work Order from BSNL for the Odisha circle with a total project value of approximately ₹3,194.83 crore, and a board-approved acquisition of Infinova (India) Private Limited with a budget of up to USD 4 million to add a Pune assembly and manufacturing facility for Make-in-India surveillance products. The Honeywell licensing renewal is due in March 2027. Cost structure is dominated by other operating expenses at 3.9% of revenue, with employee costs at 0.8%, reflecting an asset-light distribution model now transitioning toward brand ownership and in-house manufacturing.