Read the quarter in context.
A source-linked quarter view: reported numbers, management language, guidance, and the risks that should carry forward.
ConCallIQ research layer
Signal, with the source still visible.
Use the controls below to narrow the view, then follow the evidence into the next layer of context.
Revenue
₹741 Cr
verified against source
Revenue YoY
81.16%
reported change
EBITDA
₹29.39 Cr
latest reported figure
Source
screener in
record provenance
Actual signal trajectory
Where this quarter sits.
Quarter read
What the record says.
Creative Newtech reported a strong Q4 FY26 with revenue from operations at ₹740.01 crore (up 81.16% YoY) and EBITDA at ₹29.39 crore (up 52.15% YoY). PAT grew 29.57% to ₹17.79 crore. The full year crossed ₹2,700 crore in total income and ₹104 crore in EBITDA, marking key milestones. Growth was driven by expansion in surveillance, AI, IoT, cybersecurity, and data center solutions, along with strong Honeywell brand performance (brand business reached ₹370 crore, 14% of total). Management guided for 25-30% annual revenue growth and 50-60% growth in the brand business, with plans to launch an own brand in the US and India and potentially acquire a surveillance brand. Key risks include Middle East supply chain disruption (freight costs up 5x) and rising raw material costs, which could pressure margins in the near term.
Colored figures show movement against the previous available record.
Guidance to track
- Management targets 25-30% annual revenue growth for the next 3-4 years, with PAT growth of 30% in absolute terms.
- The brand business (Honeywell + own brand) is expected to grow 50-60% annually, driven by accessories, air purifiers, and data center solutions.
- Own brand (non-Honeywell) to launch in US and India in May 2026, initially online, targeting air purifier and accessories categories.
- Management expects brand business EBITDA margins to improve from current 12-13% to 17-18% once the brand business reaches ₹1,000 crore scale.
Risks flagged
- Freight costs via Red Sea have surged from $1,500-$1,700 to $7,500-$8,000 per container, impacting Middle East business. Management warned of potential 50% reduction in Middle East sales if disruption continues.
- Raw material costs (memory, storage, CPUs) have risen 30-40%, and while costs are passed on, consumers are starting to feel the heat, potentially reducing consumption.
- Trade receivables increased from ₹237.76 Cr to ₹565.11 Cr, now 21% of turnover vs 13.4% last year, partly due to extended credit in new businesses. Management expects normalization but it remains a risk.
- The Honeywell licensing agreement expires in March 2027. While management is confident of renewal, any delay or non-renewal could impact the brand business significantly.
Key quotes
- Our vision by 2030 we want to be a 50% market entry and a 50% brand business company.
- If the war stops say in the next week time there would be not be much disruption because we had the material there usually the partner stocks 45 to 60 days material.
- For us any brand which is not doing thousand K is not a brand.
Research modules