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Creative Newtech Ltd

CNL
NSE
595.80
2.04%
Last Updated:
29 Apr '26, 4:00 PM
Company Overview
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Creative Newtech Ltd

CNL
NSE
595.80
2.04%
29 Apr '26, 4:00 PM
Company Overview
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6M
Price
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Quick Ratios

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Mkt Cap
Market Capitalization
895Cr
Close
Close Price
595.80
Industry
Industry
E-Commerce - Platform - Utility
PE
Price To Earnings
15.40
PS
Price To Sales
0.38
Revenue
Revenue
2,366Cr
Rev Gr TTM
Revenue Growth TTM
41.18%
PAT Gr TTM
PAT Growth TTM
10.86%
Peer Comparison
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Quarterly Results

Consolidated
Standalone
Numbers
Percentage
QuarterMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Revenue
RevenueCr
397468430511304301411659403393656914
Growth YoY
Revenue Growth YoY%
51.496.234.721.3-23.4-35.7-4.329.032.530.659.438.7
Expenses
ExpensesCr
391461418500292293399647389382633888
Operating Profit
Operating ProfitCr
671211128121214112327
OPM
OPM%
1.41.52.82.13.92.73.01.93.42.83.52.9
Other Income
Other IncomeCr
63361645125446
Interest Expense
Interest ExpenseCr
322221243346
Depreciation
DepreciationCr
000000000000
PBT
PBTCr
9712132511152016122226
Tax
TaxCr
212252232233
PAT
PATCr
661012209131714101923
Growth YoY
PAT Growth YoY%
24.545.914.950.2215.754.626.447.8-32.612.043.336.9
NPM
NPM%
1.61.32.42.36.73.03.22.63.42.62.92.6
EPS
EPS
5.23.96.87.315.15.77.810.68.45.910.813.5

Profit & Loss

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Revenue
RevenueCr
3684585209471,3931,7211,7832,366
Growth
Revenue Growth%
24.513.682.147.123.53.632.7
Expenses
ExpensesCr
3574425089151,3571,6721,7282,292
Operating Profit
Operating ProfitCr
1015133236495574
OPM
OPM%
2.83.42.43.42.62.83.13.1
Other Income
Other IncomeCr
316110201820
Interest Expense
Interest ExpenseCr
55569101016
Depreciation
DepreciationCr
11112111
PBT
PBTCr
811132534586276
Tax
TaxCr
2346710810
PAT
PATCr
6891927485366
Growth
PAT Growth%
33.020.6105.241.677.110.124.7
NPM
NPM%
1.61.71.82.02.02.83.02.8
EPS
EPS
2.56.88.313.519.532.632.238.7

Balance Sheet

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
Equity CapitalCr
612121213141515
Reserves
ReservesCr
28304769105191279308
Current Liabilities
Current LiabilitiesCr
7898126153152129219444
Non Current Liabilities
Non Current LiabilitiesCr
7541110832
Total Liabilities
Total LiabilitiesCr
119155192253288361532789
Current Assets
Current AssetsCr
108145182242278352518775
Non Current Assets
Non Current AssetsCr
101010111091413
Total Assets
Total AssetsCr
119155192253288361532789

Cash Flow

Consolidated
Standalone
Financial YearMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating Cash Flow
Operating Cash FlowCr
-4-2-4-19-21-2822
Investing Cash Flow
Investing Cash FlowCr
-2-1-2-3-2-24-7
Financing Cash Flow
Financing Cash FlowCr
73722215720
Net Cash Flow
Net Cash FlowCr
1-120-2535
Free Cash Flow
Free Cash FlowCr
-6-3-6-21-22-2919
CFO To PAT
CFO To PAT%
-68.2-30.8-42.1-98.3-77.9-58.441.2
CFO To EBITDA
CFO To EBITDA%
-38.9-15.4-31.5-59.4-59.6-57.640.0

Ratios

Consolidated
Standalone
Financial YearMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
63901208685371,0061,134
Price To Earnings
Price To Earnings
10.711.612.654.321.822.824.5
Price To Sales
Price To Sales
0.20.20.20.90.40.60.6
Price To Book
Price To Book
1.92.22.010.84.64.93.9
EV To EBITDA
EV To EBITDA
9.37.712.529.017.321.721.0
Profitability Ratios
Profitability Ratios
GPM
GPM%
8.711.18.79.67.07.18.8
OPM
OPM%
2.83.42.43.42.62.83.1
NPM
NPM%
1.61.71.82.02.02.83.0
ROCE
ROCE%
18.521.817.421.421.124.319.6
ROE
ROE%
17.618.816.023.923.223.518.1
ROA
ROA%
4.95.04.97.69.513.310.0
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
### **Overview** Creative Newtech Ltd (formerly Creative Peripherals & Distribution Ltd) is a leading Indian distributor and market entry enabler in the Information and Communication Technology (ICT) and lifestyle technology space. Established in 1992, the company has evolved from a regional IT distributor into a diversified, technology-first organization with a pan-India presence and international footprint across South Asia, the Middle East, and Africa. Listed on the NSE Main Board since 2020, the company combines value-added distribution, brand licensing, contract manufacturing, and a digital B2B platform to deliver integrated solutions for global and domestic brands. --- ### **Strategic Evolution & Business Model** The company has transitioned from a traditional distribution model to a **dual-engine growth strategy** combining: 1. **Value-led Distribution & Market Entry Services** 2. **Brand-led Ecosystem via Licensing and Ownership** It now operates on a hybrid model—functioning as a **market entry specialist**, **licensed manufacturer**, and **platform enabler**, aiming to build a high-margin, scalable, and resilient ecosystem by 2027. --- ### **Core Business Pillars (as of Nov 2025)** #### **1. Strategic Brand Ownership & Licensing** - **Honeywell Licensee**: Exclusive rights to manufacture, distribute, and brand ‘Electronic Essentials’ (air purifiers, audio, cabling, laptop & smartphone accessories) across **38 countries** in South Asia, Southeast Asia, the Middle East, and Africa. - The Honeywell business is a key revenue driver, contributing ~12% of FY24 revenue (~₹170 crores out of ₹1,713 crores). - **International Expansion**: Successful traction in the Middle East (top-selling air purifier brand in UAE) and growing presence in Singapore, Indonesia, and Africa. - **Sales Momentum**: Over 6 million units sold since 2016; on track for over 3 million units in 2025. Product certifications and regulatory compliance built over 4–5 years create high entry barriers for competitors. #### **2. Exclusive Distribution & Partnerships** - **Global & Domestic Brand Partnerships**: Represents over **50 global and domestic brands** across IT, consumer tech, enterprise, and lifestyle segments, including: - **Samsung**, **Cooler Master**, **Fujifilm (Instax)**, **ViewSonic**, **Razer**, **Lexar**, **TPV (AOC)**, **CyberPowerPC**, **Cricut**, **Ruark Audio**, **PTron**, **Matrix**, **Sparsh**, and **Dahua**. - **STQC-Certified Surveillance Brands**: Exclusive pan-India distribution partnerships with **Matrix** and **Sparsh**, two of India’s top four STQC-certified surveillance OEMs, enhancing credibility in government and public sector projects. - **Pan-India Reach**: Serves **over 10,000 channel partners** through a network of **31+ domestic branches** and more than **370 employees**. #### **3. Surveillance & Data Infrastructure Expansion** - **Strategic Vertical Entry**: Positioned surveillance and data connectivity as a high-growth priority, aligned with India’s **Digital India**, **Smart Cities**, and **Make in India** initiatives. - **End-to-End Infrastructure Solutions**: Combines partner technologies (Matrix, Sparsh) with **Honeywell’s Structured Cabling Systems (SCS)** to deliver integrated security and data solutions for enterprises, government, and hyperscalers. - **Market Drivers**: Government tenders (e.g., ₹24,000+ crore railway surveillance project), AI-powered cameras, and rising demand for secure, Made-in-India solutions (surveillance CAGR: 17–18%). - **Synergy with SCS Business**: Creates new system integration and B2B opportunities in secure infrastructure. --- ### **Product & Portfolio Strategy** #### **Four Core Business Segments** | Segment | Focus | Key Brands & Products | |--------|-------|------------------------| | **FMSG** (Fast-Moving Social Media Gadgets) | Youth, social media trends, experiential tech | Honeywell Air Purifiers, Car Purifiers, Insta360, Hyperice, Disney/Marvel audio, Rapoo | | **FMCT** (Fast-Moving Consumer Technology) | Mass-market consumer electronics | Samsung, iBall, ViewSonic, Cooler Master, Panasonic | | **EB** (Enterprise Business) | High-volume B2B products | AOC, Philips, Invue, Dahua, Honeywell SCS, CyberPowerPC | | **FMEG** (Fast-Moving Electronic Goods) | Lifestyle & home appliances | BPL, Kelvinator, Disney, Marvel (via Reliance tie-up) | #### **New Category Expansion (Nov 2025)** - **Own Brand Development**: Planning to launch **Creative-owned brands** in **surveillance, smart tech, and air purification**, targeting improved margins and long-term equity. - **Portfolio Diversification**: Actively entering **drone, data center, robotics, and AI-driven surveillance**—categorized as ‘government-agnostic growth areas’. - **Gaming & High-Performance Computing**: Exclusive licensee of **CyberPowerPC** (U.S. #1 gaming PC brand), assembling in India and targeting gamers, institutions, and content creators. Aspirational revenue target: **$80–100M in 5 years**. --- ### **Digital Transformation & Platform Play: Ckart** - **Ckart**: A proprietary, in-house developed **B2B e-commerce platform** that functions as a digital marketplace for supply chain partners. - Enables **peer-to-peer inventory sharing**, **drop-shipping**, **branded micro-sites**, and **smart invoicing**. - Supports over **5,000 customers** and facilitates transactions beyond Creative’s own product lines. - Enhances **working capital efficiency**, **customer reach**, and **profitability** with minimal incremental cost. - Evolved from a support tool to a **core revenue and scalability driver**. - **Digital First Approach**: - Strengthens omnichannel presence via **eCommerce (Flipkart, Amazon), Quick Commerce (Zepto, Blinkit, Swiggy Instamart)**, and **GEM (Government e-Marketplace)**. - Supports **direct-to-consumer (D2C)** initiatives (e.g., CricutIndiaStore.com). --- ### **Manufacturing & Supply Chain** - **Asset-Light Model**: Outsourced contract manufacturing across 24 audited Asian facilities, including **Honeywell–certified factories**. - **Make in India Focus**: Increasing local assembly and OEM partnerships to comply with government sourcing norms and improve margins. - **Logistics & Warehousing**: - Strong pan-India logistics with bonded warehousing and API-integrated partners. - International hubs in **Hong Kong, Dubai, and Mainland China** (over 2,000 CBM storage). - Handles over **50,000 MT of cargo monthly**. --- ### **Differentiating Strengths** - **Deep, Long-Term Partnerships**: Many brand relationships exceed **5–10 years** (e.g., Honeywell, GoPro). - **End-to-End Services**: Market research, contract manufacturing, omnichannel distribution, marketing execution, warranty management, and high-level repairs. - **Market Entry Expertise**: Helps global brands navigate India’s complexity with demographic intelligence, regional planning, and on-ground execution. - **Strong After-Sales & Service Network**: High-quality logistics, rapid response centers, and extended service support. --- ### **Leadership & Vision** - **Vision 2027**: Transition into a **full-stack brand and platform enabler**, with expanded licensing, own-brand portfolios, and digital marketplace scale. - **Sustainability & National Alignment**: Aligned with **Make in India**, **Digital India**, and **self-reliance in tech infrastructure**. - **Innovation Focus**: Investing in **AI-driven inventory systems**, **product design**, and **local R&D**. ---