Aditya Infotech Q1 FY27 Revenue Rises 89.5% to Rs 1,402.4 Crore; CP PLUS Holds 43.3% Market Share
Mumbai: Aditya Infotech Limited, the company behind the CP PLUS surveillance brand, reported a strong financial performance for the first quarter of FY27, with revenue rising 89.5% year-on-year to Rs 1,402.4 crore for the quarter ended June 30, 2026.
The company reported a gross margin of 30.8%, an improvement of 810 basis points from the year-ago period. EBITDA increased 220% year-on-year to Rs 207.8 crore, while the EBITDA margin improved by 604 basis points to 14.8%.
Adjusted profit after tax (PAT) stood at Rs 142.2 crore, registering a 332.5% year-on-year increase. The company attributed the improvement in profitability to a 59% reduction in finance costs and improved cost efficiencies.
According to a Frost & Sullivan report cited by the company, CP PLUS held a 43.3% market share in India’s video surveillance market in FY26. The company said IP products accounted for approximately 79% of the CP PLUS portfolio during Q1 FY27, while the brand contributed around 87% of the company’s overall revenue.
Manufacturing capacity expansion
Aditya Infotech’s current manufacturing capacity stands at approximately 2.5 million units per month. The company is expanding its manufacturing footprint at Kadapa, Andhra Pradesh, with the facility expected to scale up capacity by two times over the next two years through internal accruals.
Construction of a new Housing & Enclosure Plant at Kadapa is progressing as scheduled. The facility is expected to become operational by Q3 FY27 and is planned to have an annual production capacity of 30 million units at full ramp-up.
The company is also undertaking a greenfield expansion at Kadapa and developing a second manufacturing cluster in Greater Noida, where land acquisition is currently in progress.
Cable manufacturing joint venture
During the quarter, Aditya Infotech incorporated Corelink Cable Technology Private Limited, a joint venture with Orient Cables, to manufacture LAN and CCTV cables.
The proposed facility in Rajasthan will cover approximately 100,000 sq. ft. and is expected to commence commercial operations by Q3 FY27.
Meanwhile, manufacturing and distribution operations for the company’s NEXIVUE brand became fully operational during the quarter. The company said the brand is targeting mass-market, rural and price-sensitive customer segments.
Focus on AI and localisation
The company said it is continuing to develop AI-enabled and locally developed surveillance products through technology collaborations. Its engagement with Qualcomm is focused on developing edge AI-enabled solutions.
Aditya Infotech is also working with a diversified base of System-on-Chip and sensor suppliers to reduce supply-chain concentration risks and improve procurement flexibility.
The company recently inaugurated a new corporate office and R&D centre in Greater Noida on August 2, 2026. The facility includes an experience centre as well as product innovation and testing laboratories.
Commenting on the results, Aditya Infotech Managing Director Aditya Khemka said the first quarter was supported by continued demand for video surveillance products, growth in IP cameras and increasing adoption of STQC-certified products.
He said the company would continue to focus on manufacturing capacity, domestic value addition, supply-chain capabilities and product development, while remaining on track to achieve its previously communicated FY2027 guidance.
Aditya Infotech was listed on the stock exchanges on August 5, 2025, under the CP PLUS brand. The company’s IPO was oversubscribed and the stock listed at a premium. The company said its valuation has increased more than five-fold since listing to nearly Rs 45,000 crore, following growth in business and margins.
The company expects demand in India’s video surveillance market to remain supported by investments in public infrastructure, smart urban development, enterprise security and residential security, alongside increasing focus on cybersecurity, product quality and regulatory compliance.
