Aditya Infotech Ltd
Aditya Infotech Limited (AIL) manufactures and provides video security and surveillance products, solutions, and services under the brand name 'CP Plus'.[1]
- Market Cap ₹ 21,510 Cr.
- Current Price ₹ 1,826
- High / Low ₹ 1,890 / 1,015
- Stock P/E 84.8
- Book Value ₹ 135
- Dividend Yield 0.00 %
- ROCE 19.5 %
- ROE 20.9 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 54.5% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 28.5%
Cons
- Stock is trading at 13.5 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 1,238 | 1,149 | 1,646 | 2,285 | 2,782 | 3,112 | 3,776 | |
| 1,181 | 1,093 | 1,513 | 2,124 | 2,559 | 2,864 | 3,369 | |
| Operating Profit | 57 | 56 | 133 | 161 | 223 | 248 | 407 |
| OPM % | 5% | 5% | 8% | 7% | 8% | 8% | 11% |
| 5 | 12 | 24 | 15 | -12 | 259 | 12 | |
| Interest | 37 | 26 | 20 | 23 | 31 | 42 | 35 |
| Depreciation | 5 | 6 | 8 | 9 | 16 | 31 | 45 |
| Profit before tax | 21 | 35 | 129 | 143 | 165 | 434 | 339 |
| Tax % | 15% | 28% | 25% | 24% | 30% | 19% | |
| 17 | 29 | 97 | 108 | 115 | 351 | 254 | |
| EPS in Rs | 69.72 | 117.32 | 387.72 | 528.34 | 561.80 | 32.00 | 22.14 |
| Dividend Payout % | 0% | 3% | 1% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 20% |
| 3 Years: | 24% |
| TTM: | 12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 55% |
| 3 Years: | 19% |
| TTM: | 14% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 29% |
| 3 Years: | 28% |
| Last Year: | 21% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 2 | 2 | 11 | 12 |
| Reserves | 162 | 189 | 284 | 310 | 422 | 1,007 | 1,575 |
| 269 | 147 | 190 | 427 | 436 | 457 | 128 | |
| 342 | 364 | 738 | 970 | 784 | 1,700 | 1,659 | |
| Total Liabilities | 775 | 703 | 1,214 | 1,709 | 1,644 | 3,175 | 3,373 |
| 66 | 56 | 55 | 65 | 70 | 740 | 785 | |
| CWIP | 0 | 0 | 4 | 7 | 16 | 30 | 48 |
| Investments | 0 | 17 | 30 | 30 | 1 | 1 | 1 |
| 708 | 630 | 1,126 | 1,607 | 1,558 | 2,404 | 2,539 | |
| Total Assets | 775 | 703 | 1,214 | 1,709 | 1,644 | 3,175 | 3,373 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 80 | 262 | 44 | 56 | -180 | 27 | |
| -24 | 3 | -89 | -122 | 116 | 88 | |
| -100 | -144 | 20 | 109 | -44 | -19 | |
| Net Cash Flow | -44 | 122 | -25 | 43 | -108 | 96 |
| Free Cash Flow | 78 | 259 | 37 | 49 | -187 | 1 |
| CFO/OP | 184% | 451% | 49% | 61% | -58% | 32% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 98 | 120 | 116 | 98 | 96 | 122 |
| Inventory Days | 99 | 27 | 82 | 98 | 82 | 118 |
| Days Payable | 119 | 120 | 179 | 175 | 96 | 189 |
| Cash Conversion Cycle | 78 | 27 | 19 | 22 | 82 | 51 |
| Working Capital Days | 24 | -8 | 7 | -21 | 39 | 9 |
| ROCE % | 16% | 35% | 28% | 28% | 19% |
Insights
In beta| Mar 2015 | Oct 2016 | Mar 2019 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Number of Distributors units |
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| Annual Installed Production Capacity million units |
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| Production Volume - Total Surveillance Products million units |
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| Number of Branch Offices units |
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| Production Volume - CCTV Cameras million units |
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| Market Share (Indian Video Surveillance) percentage |
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| Number of SKUs units |
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| Revenue Share of CP PLUS Brand percentage |
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Documents
Announcements
- Closure of Trading Window 1d
- Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations, 2011 23 Mar
- Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations, 2011 23 Mar
- Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations, 2011 20 Mar
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
5 Mar - Aditya Infotech Limited has informed about the Schedule of Investors/Analysts meet on March 11, 2026
Concalls
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Feb 2026Transcript PPT
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Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT REC
Leading Surveillance Company[1]
Aditya Infotech Limited is India's largest provider of video security and surveillance products, solutions, and services by revenue, commanding a 20.8% market share as of FY2025 under its 'CP PLUS' brand, serving both enterprise and consumer segments.