Aditya Infotech (CPPLUS) Q3 25/26 earnings summary

Executive summary

• Achieved strong profitable growth in Q3 FY26, with revenue up 37.3% YoY to INR 1,139.1 crore and EBITDA up 98.7%, driven by robust demand, operational discipline, and market share gains, especially in the CP PLUS brand, which contributed 87% of revenue.

• For 9M FY26, revenue rose 31.1% YoY to INR 2,798.98 crore, EBITDA doubled to INR 320.6 crore, and adjusted PAT increased 138.6% YoY to INR 198.9 crore.

• Strategic collaboration with Qualcomm to launch AI-enabled video security solutions, with commercial rollout expected in Q1 2026.

• Launched new brands (NEXIVUE, EYRA) to target mass market and unorganized segments, supporting a multi-brand strategy and expanded product portfolio.

• Unaudited standalone and consolidated financial results for Q3 and 9M FY26 were approved, marking the first such disclosure post-IPO listing in August 2025.

Financial highlights

• Q3 FY26 consolidated revenue was INR 1,139.1 crore, up 37.3% YoY; EBITDA rose 98.7% to INR 144.6 crore, with margin up 391 bps to 12.6%; PAT was INR 96 crore, up 138.8% YoY.

• 9M FY26 revenue was INR 2,798.98 crore, up 31.1% YoY; EBITDA was INR 320.6 crore, up 100.5% YoY; PAT was INR 198.9 crore, up 138.6% YoY.

• Gross margin for Q3 FY26 improved to 27.2% from 21.1% YoY; EBITDA margin rose to 12.7% from 8.7% YoY.

• Basic and diluted EPS (consolidated) for Q3 FY26 was Rs. 8.18, up from Rs. 3.66 in Q3 FY25; nine-month EPS was Rs. 17.46, up from Rs. 8.33 YoY.

• Standalone revenue for Q3 FY26 was Rs. 11,256.98 million, up from Rs. 8,005.42 million in Q3 FY25; standalone PAT for Q3 FY26 was Rs. 875.17 million.

Outlook and guidance

• FY26 revenue guidance raised to INR 3,900–4,100 crore, with EBITDA margin of 11–12% and PAT margin of 7–7.5%.

• FY27 initial guidance: revenue INR 5,350–5,550 crore (30–35% growth), EBITDA margin 12–13%, PAT margin 7.5–8.5%.

• Capacity expansion and greenfield projects at Kadapa, Andhra Pradesh, are expected to support future growth and operational efficiency through FY27.

• Anticipates double-digit price hikes in response to rising input costs, especially in memory and flash components.

• The joint venture with Orient Cables is expected to enhance supply chain control and cost structure.