ICICI Securities Limited
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Aditya Infotech Limited (AIL) manufactures and provides video security and surveillance products, solutions and services under the brand name ‘CP Plus’.
The company offers a diverse range of products including smart home IoT cameras, HD analog systems, advanced network cameras, body-worn and thermal cameras, as well as long-range IR cameras, and AI-powered solutions (automatic number plate recognition, people counting, and heat mapping). For residential users, AIL offers video surveillance products, including smart Wi-Fi cameras, 4G-enabled cameras, dash cams, and more. In Fiscal 2025, the company offered 2986 Stock keeping Units (SKUs) across India and sold products across 550+ cities and towns. AIL’s operations are supported by a network of 41 branch offices and 13 return merchandise authorization (RMA) centers nationwide. The company’s surveillance products are distributed through a network of over 1,000 distributors in tier I, tier II, and tier III cities, along with more than 2,100 system integrators.
The company operates 10 strategically located warehouses spread across the country, located in Delhi, Gurugram, Haryana and Noida, Uttar Pradesh in North India; Bhiwandi, Maharashtra, Ahmedabad, Gujarat and Indore, Madhya Pradesh in West India; Kolkata, West Bengal and Guwahati, Assam in East India; as well as Chennai, Tamil Nadu and Bengaluru, Karnataka in South India.
For the year/period ended (Rs. in Cr.)
| FY25 | FY24 | FY23 | |
|---|---|---|---|
| Total Revenue | 3,122.93 | 2,795.96 | 2,295.56 |
| Profit After Tax | 351.37 | 115.17 | 108.31 |
| EPS | 33.02 | 11.24 | 10.57 |
| OPM (%) | 8.27% | 8.46% | 7.89% |
| PATM (%) | 11.25% | 4.12% | 4.72% |
For year/ period ended ( in Cr.)
| Company Name | Market Cap (Cr.) | Price | P/BV | P/E | Sales (Cr.) FY25 |
Net Profits(Cr.) FY25 |
|---|---|---|---|---|---|---|
| Aditya Infotech Ltd. | *7911.89 | 675 | 7.01 | 20.44 | 3,122.93 | 351.37 |
| Dixon Technologies (India) Ltd. | 101,026.40 | 16,698.05 | 30.77 | 85.12 | 38,860.10 | 1,215.20 |
*Market cap @upper band
Experienced management team backed by a committed employee base.
At the upper band of IPO Rs. 675, the stock is valued at p/e multiple of 20.40 times. Hence, Well-informed investors subscribe for medium to long term perspective.
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