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. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Market Entry Specialist (91%), Brand Business (9%). Asset-light technology distribution pivoting toward own brand ownership and Make-in-India manufacturing
| ₹ crore · consolidated | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | 1,376 | 1,713 | 1,774 | 2,700 |
| EBITDA (ex other income) | 19 | 41 | 46 | 86 |
| margin % | 1.4 | 2.4 | 2.6 | 3.2 |
| Owners' profit | 0 | 44 | 53 | 70 |
| EPS, as reported (₹) | 19.53 | 32.58 | 32.18 | 41.04 |
| ROE % · ROCE % | 21.6 · 32.0 | 21.5 · 29.2 | 17.2 · 22.9 | 18.1 · 26.4 |
| Debt / equity (x) | 0.70 | 0.33 | 0.23 | 0.84 |
| Cash from operations | (21) | (28) | 22 | (273) |
| Capex | (1) | 0 | 0 | (3) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 411 | 659 | 403 | 393 | 655 | 912 | 740 | 476 |
| Profit before tax | 15 | 20 | 16 | 12 | 22 | 26 | 22 | 17 |
| Net profit | 13 | 17 | 14 | 10 | 19 | 23 | 18 | 14 |
| EPS (₹) | 7.85 | 10.57 | 8.40 | 5.92 | 10.85 | 13.52 | 10.74 | 8.23 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Brand Business | 316 | 11.7 |
| Market Entry Specialist | 1,991 | 73.7 |
| Enterprise Business | 259 | 9.6 |
| Fast Moving Social Media Gadgets | 98 | 3.6 |
| Fast Moving Electronics Goods | 0 | 0.0 |
| Fast Moving Consumer Technology | 35 | 1.3 |
| Total, before eliminations | 2,700 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % |
|---|
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 11 Sept 2026 · Clarification on FCI Smart Warehousing Project contracting structure | business updates | medium | — | — |
| 8 Sept 2026 · Creative Newtech 22nd AGM notice published in Marathi newspaper on 8 Sep 2026 | compliance | minimal | — | — |
| 8 Sept 2026 · AGM notice for Azad India Mobility Limited published on 8 September 2026 | compliance | minimal | — | — |
| 7 Sept 2026 · Creative Newtech 22nd AGM on Sept 30, 2026 - dividend, ESOP, related party deals | corporate actions | medium | — | — |
| 7 Sept 2026 · Annual Report FY26 - revenue up 51 percent, PAT up 32 percent | results | high | — | — |
| 27 Aug 2026 · Creative Newtech partners with Jupiter Electric Mobility for drone battery distribution | strategic transactions | high | — | — |
| 27 Aug 2026 · Creative Newtech signs distribution deal with Drona Aviation for STEM drones | strategic transactions | medium | — | — |
| 10 Aug 2026 · Schedule of analyst and institutional investor meeting on August 13, 2026 | board shareholder meetings | low | — | — |
| 5 Aug 2026 · Q1 FY27 results published in Marathi newspaper Praatah Kaal | compliance | minimal | — | — |
| 5 Aug 2026 · Creative Newtech Q1 FY27 results revenue up 21 percent PAT up 33 percent YoY | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|
| ROCE % |
|---|
| Rev CAGR 5y % |
|---|
| EBITDA m. % |
|---|
| REDINGTON LIMITED | 30,817 | 18.1 | 2.96 | 14.3 | 12.3 | 15.7 | 15.9 | 2.2 |
| MMTC LIMITED | 9,347 | 20.9 | 4.41 | 19.9 | 18.3 | 21.6 | (83.7) | 18426.5 |
| MSTC LIMITED | 5,178 | 22.1 | 5.73 | 15.5 | 24.2 | 31.8 | (13.9) | 86.5 |
| SHANKARA BUILDPRO LIMITED | 3,050 | 23.2 | 5.59 | 13.5 | 23.4 | 31.8 | — | 3.3 |
| CREATIVE NEWTECH LIMITED ◆ | 1,682 | 25.8 | 4.34 | 19.2 | 18.1 | 21.0 | — | 5.2 |
| Pervasive Commodities Limited | 865 | 0.1 | 9.61 | — | (0.0) | (0.0) | — | 45.0 |
| The Yamuna Syndicate Ltd | 810 | 8.9 | 0.63 | 203.9 | 4.0 | 0.3 | 4.8 | 6.2 |
| THE STATE TRADING CORPN | 680 | 1.0 | — | 52.5 | — | — | — | — |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 25.8 | 14.7 | 114 of 161 | 29% |
| P/B | 4.3 | 1.1 | 118 of 145 | 18% |
| ROCE | 21.0 | 2.0 | 16 of 184 | 92% |
| ROE | 18.1 | 2.3 | 20 of 174 | 89% |
| Debt / Equity | 0.8 | 0.0 | 147 of 175 | 16% |
| EBITDA margin | 5.2 | 4.5 | 64 of 137 | 54% |
| Revenue growth | 21.1 | (8.6) | 42 of 135 | 69% |
| Profit growth | 32.9 | 0.6 | 67 of 157 | 58% |
| Market cap | 1682 | 25 | 5 of 174 | 98% |
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
