MoneyWorks4Me

Aditya Infotech Ltd (CPPLUS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544466 NSE: CPPLUS Trading | Small Cap | Aditya Infotech Share Price

₹3,482 -177.75 (-4.86%)

As on 16-Sep'26 12:51

Aditya Infotech Ltd (CPPLUS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544466 NSE: CPPLUS Trading | Small Cap | Aditya Infotech Share Price

₹3,482 -177.75 (-4.86%)

As on 16-Sep'26 12:51

Key Metrics
Valuation Multiples
Market Cap
₹43,295 Cr.
Current Price
₹3,482
52-Week Low / High
₹1,229 / 4,095
TTM EPS
₹40.3
TTM Sales
₹4,883 Cr.
Book Value per Share
₹170.4
P/E Ratio
90.71
In line with its 5-year historical median
Industry PE
38.9
Price to Book (P/B)
21.48
Higher than its 5-year historical median
Price to Sales (P/S)
8.87
Higher than its 5-year historical median
EV/EBITDA
59.96
In line with its 5-year historical median
Dividend Yield
0.05%
Profitability Efficiency
Return on Equity (ROE)
25.68%
Outperforms industry median
Return on Capital Employed (ROCE)
29.48%
Outperforms industry median
Return on Assets (ROA)
10.34%
Operating Profit Margin
13.4%
Net Profit Margin
8.72%
Gross Profit Margin
11.7%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
36.3%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
127.65%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
4.72%
Asset Quality
Promoter Holding
74.71%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹2,004 Cr.
Equity
₹11.8 Cr.
Face Value
₹1
All Time Low / High
₹1014.65 / 4094.50

Aditya Infotech stock performance

Key Ratios
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Check Before You Invest

Valuation

Overvalued

Price Trend

Semi Strong
Q.1 Is Aditya Infotech Ltd a good quality company?
Aditya Infotech Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Aditya Infotech Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Aditya Infotech Ltd vs industry peers?
Aditya Infotech Ltd revenue CAGR is 29.72%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Aditya Infotech Ltd?
Promoters hold 74.71% of the Aditya Infotech Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Aditya Infotech Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of 144.77% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Aditya Infotech Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 23.1%33%22.8%8.3%15.4%34.3%27.6%29.3%21.3%31.5%-
Value Creation
Index
1.11.91.0-0.30.42.11.51.60.51.3-

Growth Parameters

Sales 9061,1581,5731,2191,1101,6342,2852,7823,0664,1794,847
Sales YoY Gr.-27.7%35.9%-22.5%-8.9%47.1%39.9%21.8%10.2%36.3%-
Adj EPS 1.63.73.50.31.7710.413.812.32938.1
YoY Gr.-134.8%-7%-92.8%596%301.2%49.3%32%-10.5%135.5%-
BVPS (₹) 6.910.513.713.615.221.728.342.272.6137.9149.2
Adj Net
Profit
19.746.443.23.121.787.3107141135342450
Cash Flow from Ops. 39.6-44.3-39.376.726343.255.5-18033.437.4-
Debt/CF from Ops. 3.3-4.5-8.33.50.64.47.4-2.313.84.1-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 18.5%30.4%22.3%36.3%
Adj EPS 38.2%75.5%40.7%135.5%
BVPS39.5%55.5%69.6%89.8%
Share Price - - - 143.9%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
25.942.828.71.812.137.938.13921.827.926.5
Op. Profit
Mgn %
5.47.26.23.558.37.187.81213.1
Net Profit
Mgn %
2.242.70.325.34.75.14.48.29.3
Debt to
Equity
1.51.51.91.60.80.71.40.90.60.1-
Working Cap
Days
14215516823017613815716218616281
Cash Conv.
Cycle
7168687441241833615144

Valuation of Aditya Infotech - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales9441,1961,4451,2381,1491,6462,2852,7823,1124,221
Operating Expenses + 8981,1141,3711,1811,0931,5132,1242,5592,8653,658
Manufacturing Costs381712768111825
Material Costs7228631,1059249591,3551,8992,2722,4423,007
Employee Cost 486171766484103134203343
Other Costs 1251821781706368114142201283
Operating Profit 4682745756133161223247563
Operating Profit Margin (%) 4.9%6.9%5.1%4.6%4.9%8.1%7.0%8.0%7.9%13.3%
Other Income + 71155121511141116
Exceptional Items -2-3-0000-6-252490
Interest 18213037262023314230
Depreciation 2245689163156
Profit Before Tax 3167442139129143165434493
Tax 13252331032354983125
Profit After Tax 184221172997108115351368
PAT Margin (%) 1.9%3.5%1.5%1.4%2.6%5.9%4.7%4.1%11.3%8.7%
Adjusted EPS (₹)1.53.41.71.42.47.810.611.232.031.2
Dividend Payout Ratio (%)2.70%1.20%2.30%0%3.40%1%3.10%3.10%5.10%5.30%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 861281481641922873124241,0061,860
Share Capital 333333221112
Reserves 841261461621892843104229951,849
Debt +132196322259138175396391437165
Long Term Debt13263526144943281549
Short Term Debt119170287233124125353363422116
Minority Interest0000000000
Trade Payables1912633513003156659096001,3431,601
Others Liabilities 50777948518186221371334
Total Liabilities 4606659007726951,2081,7021,6363,1563,960

Fixed Assets

Net Fixed Assets +2025686555546470739812
Gross Block3137838561668299819939
Accumulated Depreciation11121520612182980127
CWIP 4800047163084
Investments 1211172930111
Inventories178234377251703035115098711,104
Trade Receivables1983042903313795256157341,0391,404
Cash Equivalents 2826583715220137171182200
Others Assets 3167106862292104236295355
Total Assets 4606659007726951,2081,7021,6363,1563,960
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 40-40-30802624456-1802713
PBT 3370442039129143165434493
Adjustment 202134382961663-167112
Changes in Working Capital -22-115-8146184-70-61-357-189-477
Tax Paid 9-14-27-2510-22-42-51-51-114
Cash Flow From Investing Activity + -4-10-39-244-89-122116-1-141
Capex -4-11-40-2-2-7-7-6-26-133
Net Investments -01003-91-12412015-19
Others 000-2239931011
Cash Flow From Financing Activity + -3648101-76-14420109-44-19156
Net Proceeds from Shares 000000000517
Net Proceeds from Borrowing -71615-9-1141-36-15-552
Interest Paid -20-19-29-35-24-18-21-31-41-29
Dividend Paid 00-1-1-0-1-4-1-18-18
Others -951116-31-109-3171246-366
Net Cash Flow 0-232-20122-2543-108729
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)20.6439.2415.1411.1316.4940.536.1931.3149.1425.68
ROCE (%)21.9131.9618.4112.4917.0936.7227.7825.2241.1629.48
Asset Turnover Ratio2.052.131.851.481.651.921.711.821.511.32
PAT to CFO Conversion(x)2.22-0.95-1.434.719.030.450.52-1.570.080.04
Working Capital Days
Receivable Days76.8076.707591.50107.2090.2083.5080.9089.7095.10
Inventory Days68.7062.8077.1092.7048.5037.2059.6061.1069.8076.80
Payable Days96.7096.20101.40128.60117132151.30121.20145.20178.70

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Aditya Infotech Ltd FAQs

The current trading price of Aditya Infotech on 16-Sep-2026 12:51 is ₹3,482.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 15-Sep-2026 the market cap of Aditya Infotech stood at ₹43,295 Cr

The latest P/E ratio of Aditya Infotech as of 15-Sep-2026 is 96.12.

The latest P/B ratio of Aditya Infotech as of 15-Sep-2026 is 24.52.

The 52-week high of Aditya Infotech is ₹4,094.5 and the 52-week low is ₹1,228.9.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Aditya Infotech is ₹4,847 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Aditya Infotech Ltd is a good quality company.

The key valuation ratios of Aditya Infotech Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Aditya Infotech Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Aditya Infotech Ltd

Aditya Infotech Limited was incorporated as ‘Perfect Lucky Goldstar International Limited’ at New Delhi, as a public limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated March 27, 1995 issued by the RoC and commenced its business pursuant to a certificate for commencement of business dated April 21, 1995. Subsequently, pursuant to a resolution passed by its Shareholders in the annual general meeting held on August 6, 1997, the name of the company was changed from ‘Perfect Lucky Goldstar International Limited’ to ‘Aditya Infotech Limited’, to reflect the main objects and activities of the company more precisely, and consequently, a fresh certificate of incorporation dated September 11, 1997 was issued by the RoC to the Company.

The company offers a comprehensive range of advanced video security and surveillance products, technologies and solutions for enterprise and consumer segments under its ‘CP PLUS’ brand which has strong recall value. In addition, it offers solutions and services such as fully integrated security systems and Security-as-a-Service directly and through its distribution network who address the requirements of end-customers engaged in a broad range of sectors such as banking, insurance, real estate, healthcare, industrial, defence, education, hospitality, manufacturing, retail and law enforcement.

Its business is primarily classified as: (i) manufacturing and trading activities; and (ii) trading activities. Its manufacturing and trading activities include the manufacture and sale of its CP PLUS products and the provision of after-sales services in relation to the CP PLUS products sold by the company, while its trading activities are limited to distribution of products of Dahua.

Its product portfolio, including products that it sources from third parties, deploy wide variety of security technologies such as artificial intelligence (AI) and machine learning (ML) to deliver Edge-based AI analytics, all developed inhouse by its dedicated research and development (R&D) team, integrated Internet of Things (IoT) ecosystem for connected and smart homes as well as a number of cloud services, including health monitoring systems (HMS) and attendance management systems (AMS).

Business area of the company

The company and its subsidiary company are engaged in manufacturing / assembly and trading of security and surveillance equipment and components under 'CP Plus' brand.

Products of the company

  • AI network cameras
  • Network Video Recorders (NVRs)
  • Automatic Number Place Recognition (ANPR) cameras
  • Mobile NVR (MNVRs)
  • Body worn cameras
  • Intelligent interactive displays
  • 4G camera
  • CarKam dash cam
  • Wi-Fi doorbell
  • Digital door locks
  • Video door phones
  • Micro SD cards
  • Power over Ethernet (PoE) network switches
  • NVR Racks / Digital Video Recorders (DVRs)
  • Cables
  • Switched-Mode Power Supply (SMPS) power supplies

Awards, accreditations or recognitions

  • 2011: ‘Editors Choice 2011 for Best Security Products Distributor’ award by National Computrade News.
  • 2013: ‘Global Shield Award in recognition of its contribution to Global Security and Surveillance Industry’ at the APSA India Award Ceremony.
  • 2013: ‘Most Innovative Products 2013 award for Best Surveillance Camera’ to its ‘CP PLUS’ brand by National Computrade News
  • 2014: ‘Excellence in Business Award’ by Hai Ummeed.
  • 2015: ‘India Awards 2015 in the category of Consumer Durables’ to its ‘CP PLUS Zoom’ by Dentsu Marcom Alliance.
  • 2015: ‘Most Innovative Products 2015 award for Best Surveillance Camera’ to its ‘CP PLUS’ brand by National Computrade News.
  • 2015: ‘Sales Excellence Award FY’16 Surveillance’ by Seagate.
  • 2016: ‘India Video Surveillance Growth Excellence Leadership Award’ to its ‘CP PLUS’ brand by Frost & Sullivan. 
  • 2017: ‘Best Electronic Security Company’ award at Star Nite Award 2017 conducted by VarIndia.
  • 2017: ‘Brand of the Year 2017 in the category of Security and Surveillance’ award to its ‘CP PLUS’ brand conducted by the CEO Magazine
  • 2018: Award for ‘Top 50 ICT Brands in India’ for its ‘CP PLUS’ brand at the 16th Infotech Forum.
  • 2022: ‘Customer Service Excellence Award’ to its ‘CP PLUS’ brand at the 15th Awards for Excellence in Retailing conducted by Star Retailer Awards.
  • 2022: ‘Most Admired Brand’ award at the VarIndia Infotech Forum.
  • 2022: Recognition of its ‘CP PLUS’ brand as ‘the Best Brand 2021’ by The Economic Times.
  • 2023: ‘Brand of the Year Award’ to its ‘CP PLUS’ brand by Marksmen Daily.
  • 2023: ‘CMO of the Year’ award to its ‘CP PLUS’ brand at Star Nite Award 2023 conducted by VarIndia. 
  • 2023: ‘Excellence Award for Trusted Brand in Electronics Security and Surveillance’ to its ‘CP PLUS’ brand by ASSOCHAM’.
  • 2023: ‘Innovative Security Product of the Year’ award to its ‘CP PLUS’ brand at the BW Security Conclave.
  • 2023: ‘Most Effective Use of Digital Analytics’ award for CP Plus x Amazon Ads’ at the e4m Indian Digital Marketing Awards.
  • 2023: ‘Special Recognition for Outstanding Performance Business Excellence (Large Category)’ award for excellence in electronics to its ‘CP PLUS’ brand conducted by ELCINA.
  • 2023: Special Recognition for Outstanding Performance Business Excellence (Large Category)’ award to its ‘CP PLUS’ brand at the ELCINA Awards for Excellence in Electronics.
  • 2024: ‘Best Company into Electronic Security - Make in India’ award at the 23rd Star Nite Awards 2024.
  • 2024: ‘Brand of the Decade award for Security and Surveillance Solutions’ to its ‘CP PLUS’ brand, presented by BARC and Herald Global.
  • 2024: ‘Brand of the Decade award in the category of Security and Surveillance Solutions’ to its ‘CP PLUS’ brand by ERTC Media & BARC Asia.
  • 2024: ‘Customer Experience’ award to its ‘CP PLUS’ brand at the Elets India Brand Summit & Awards.
  • 2024: ‘CX Best Customer Experience - Security/Surveillance’ award to its ‘CP PLUS’ brand at the e4m CX India Awards 2024.
  • 2024: ‘Emerging Global Organisation of the Year’ award to its ‘CP PLUS’ brand at the National Skills Awards for Eminence conducted by Electronics Sector Skills Council of India.
  • 2024: ‘India Brand Awards 2024’ to its ‘CP PLUS’ brand at the Elets India Brand Summit & Awards.
  • 2024: ‘Leading Surveillance Brand’ award to its ‘CP PLUS’ brand at the Elets India Brand Summit & Awards.
  • 2024: ‘Most Admired Brand’ to its ‘CP PLUS’ brand at the Infotech Forum 2024.
  • 2024: ‘Product of the Year - Video Surveillance System (Hardware Software)’ award to its ‘CP PLUS’ brand at the FIST Awards Finest India Skills & Talent 2024, organised by Fire & Security Association of India.
  • 2024: ‘Securing The Future Surveillance Brand of the Year’ to its ‘CP PLUS’ brand at the 10th Edition of Outlook Business Spotlight Achiever’s Award 2024.
  • 2024: ‘Top 10 Channel Favorite Products in Surveillence Category’ award for its ‘CP-Z44R 4MP solar-powered 4G camera’ at the 14th Channel Accelerator Awards 2024.
  • 2025: ‘Best Smart Security Solution Brand’ award to its ‘CP PLUS’ brand by NDTV Gadgets 360.
  • 2025: ‘Best Transformational Growth’ award for its CP PLUS – Made in Bharat’ at the Elets India Brand Summit & Awards.
  • 2025: ‘Brand of the Year’ award for its ‘CP PLUS Galaxy Store Campaign’ at the Elets India Brand Summit & Awards.
  • 2025: ‘Most Admired Brand’ award by VarIndia.
  • 2025: ‘Urban Infra CCTV Security Leader of the Year’ award at the Urban Infra Awards 2025, presented by UrbanInfra Group during the Rail and Transit Expo.

History and milestones

  • 1995: Incorporation of the company.
  • 2007: The company launched the ‘CP PLUS’ brand in the Indian market
  • 2010: It launched IP cameras and recorders.
  • 2013: Implementation of SAP Platform.
  • 2015: The company launched ‘CP Plus IP Cube’ camera.
  • 2017: Amalgamation of CP Plus India Private Limited with the company.
  • 2017: Its brand ‘CP PLUS’ supports the ‘Make in India’ initiative.
  • 2017: Its brand ‘CP PLUS’ introduces ‘Ezy Kam + smart home and Wi-fi cloud security’ cameras.
  • 2017: The company entered into a joint venture agreement dated May 6, 2017 with Dixon Technologies (India) Limited to outsource and manufacture certain products, including CCTV security cameras, IP cameras and cables from its erstwhile joint venture AIL Dixon
  • 2019: The company designed, supplied, installed and commissioned CCTV camera system at the vulnerable points across various police station jurisdictions of Delhi.
  • 2019: Its brand ‘CP PLUS’ introduces ‘Guard +’, a series of cameras that provide vibrant color views in low light conditions.
  • 2020: Its brand ‘CP PLUS’ introduces ‘HMS’ (Health Monitoring System) for tracking the real-time health status of surveillance devices.
  • 2021: CP PLUS surveillance solution safeguarded Delhi government schools with 4MP IP cameras.
  • 2023: The company inaugurated ‘CP PLUS Galaxy Stores’ in collaboration with its authorized partners across India.
  • 2023: The company opened ‘CP PLUS’ experience stores in four locations across India.
  • 2023: The company inaugurated its manufacturing facility at Kadapa.
  • 2024: The company partnered with L&T Semiconductor Technologies Limited to design surveillance cameras in India and select overseas markets.
  • 2024: The company acquired the remaining 50% of equity shares of AIL Dixon from Dixon Technologies (India) Limited.
  • 2024: The company entered into services agreement dated September 26, 2024 with Dixon Technologies (India) Limited and AIL Dixon to record the terms and conditions of the services provided by Dixon Technologies (India) Limited to the company.

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