Aditya Infotech

“Our housing and enclosure expansion is progressing as planned and is expected to become operational by Q3 of this financial year.”

“We are also advancing on our Kadapa greenfield expansion and the land acquisition for same is in final stages.”

“We are also developing a second manufacturing cluster in Greater Noida and the land bank already has been identified and applied to the authorities for allocation.”

“Lens is one we are taking the initiative as a company to build a completely backward integration plant. Right now, we are setting up trial automatic line to produce few lakhs but we are working parallelly on a fully automated plant.”

“So Dhruv, we are doing several activities on backward integration, be it housing enclosures, cable connectors, lenses and in the future we will also plan bare PCBs locally with third-party supply chains.”

“We are already doing it through third party, some here and there, trials and other things, but scale manufacturing in-house will kick off in Q3, Q4 of this year.”

“So, we have broadly spoken about almost doubling this capacity in the next three years.”

“The IP products accounted for nearly 79% of CP PLUS portfolio, which reflects the increasing adoption of higher-value and intelligent AI surveillance solutions.”

“This will largely address to the high-end government, high-end enterprise demand, which was a little bit of a vacuum that the last leg was missing, and we are plugging that.”

“A key strategic initiative is our enhanced focus on enterprise, government and AI driven opportunities. We are moving towards a top-down demand generation model.”

“So that's the first priority for the JV. That we would say is not less than 5 percentage of the overall business.”

“Artificial Intelligence represents one of the most significant growth opportunities ahead.”

“So far we have not seen any consumption effect in a major way and we hope that we are able to mitigate the inflationary pressures in the coming future.”

“And even now, if you look at the STQC that you are talking about, there are almost 40 plus brands which we think have got empanelled. So, it's not as if there is no competition.”

“And the market had of course pumped a lot of old inventory in the beginning of 2025, 2026, which is all exhausted.”

“The home IoT is a new market development, doorbells, door locks, these are things which eventually we believe should be part of every home but it's a market to develop”

“continue to grow our market share which you are seeing in every quarter results that we are delivering and we are strong and confident to do that in the coming quarters also.”

“Our gross margin stood at 30.8%, up 810 basis points year-on-year, with CP PLUS contribution rising to 87% of our revenue. Margins moderated slightly from Q4 due to the exhaustion of lower-cost inventory.”

“EBITDA stood at INR208 crores, up 20% year-on-year, with margins improving by 604 basis points to 14.8%, supported by a favorable product and brand mix, as well as better operational efficiencies.”

“So, product to product it varies. It has varied from between 10% to 20% so far.”

“So, we are trying to not pass the whole by price hike at one go in the market because the cost hike in DDR and SOC has been phenomenal across all product categories and not only CCTV.”

“So, I would probably not be able to comment exactly what percentage of margin improvement will happen but yes there will be couple of basis points in the coming future as we scale up each aspect of the localization.”

“Our working capital metrics also showed meaningful progress, with reduction in inventory and debtor days resulting in the improvement of cash conversion cycle to 64 days. At the same time, our balance sheet remains robust, with debt to equity reducing sharply to just 0.07 level.”

“So according to the trends and what we see, it keeps getting adjusted between 85% to 100% and any particular quarter that's a policy at currently we would be at 90 percentage plus levels of forex covers.”

“So, every week we hedge the currency and we build it as part of our costs.”

“We have incorporated Corelink Cable Technology Private Limited, a joint venture with Orient Cables for”

“So, one on the enterprise side where we spoke about CP PLUS Pro, which is coming out of our Taiwan R&D and other sources, that is the most closest timeline which should be live by the end of Q3 and the beginning of Q4.”

“The same similar kind of timelines are for the Home IoT category that we spoke.”

“The third category in terms of the AGVs, the home robots, industrial robots and the cameras for the drones, that is more at an exploratory and study stage.”

“We are actively exploring to expand into new categories, including machine vision cameras, drone camera modules, industrial autonomous mobile robots and home IoT products such as video door phones, door locks, and smart doorbells.”

“Over the last year, we have strengthened our leadership team through key appointments, including the Head of Credit and General Counsel. Our CHRO will join shortly and recruitment for the Head of Merger and Acquisition is progressing.”

“CCTV is a priority sector for the government and we do not see any deviation from policy from the government's side at the moment.”

“So, all our supply chain is from Taiwan and that's almost 35% of the BOM. Another 15%, 20% is passive electronics. Now, those come from both Taiwan and China.”

“So, the first question, yes we had spoken about that as a strategy on the SOC and memory side we continue to cover for three to four quarters.”

“The supply side constraints still continue, the price hikes are still going on from the commentary that we are hearing from the global sources, it's expected to continue for some more time.”

“No, we don't have any impact on the Middle East crisis thankfully on the supply chain at this moment.”

“I am pleased to share that the Q1 FY2027 revenue stood at INR1,402 crores, which is up 89.5% year-on-year, driven by strong traction by CP PLUS brand in the overall AIL revenue.”

“Adjusted PAT stood at INR142.2 crores, up 332.5% year-on-year, attributed to lowering of finance costs by 59% year-on-year and better cost efficiencies.”

“We currently have three operational R&D centers now, including Noida, Ahmedabad and Taiwan and we will shortly be opening a new one in Bengaluru.”

“Our market share stood at 43.3% in the Indian video surveillance industry in FY2026, as per the Frost & Sullivan report.”

“Something like semiconductors or passive electronic product components, we are still not entering into localization because it is largely dependent on KGD, fab, and other things.”