CNL

Creative Newtech share price & financials

Price
₹916.55
Market cap
₹1.7k Cr
Sector
Services
Calls analysed
2
Latest concall · Q4 FY26 · call held 15 May 2026

CNL Q4 FY26

EBITDA ₹104 cr +42%EBITDA Margin 3.83% PAT ₹70.29 cr +32%PAT Margin 2.59%

What went well

  • Total income for FY26 grew by 50.85% YoY to INR2,717.51 crores, crossing the INR2,700 crore mark.
  • Q4 FY26 total income saw an 81.16% YoY growth to INR740.44 crores, indicating strong closing quarter performance.
  • Full year EBITDA increased by 41.7% YoY to INR104 crores, surpassing the INR100 crore threshold.

What to watch

  • Receivable days increased to approximately 20% of turnover in FY26, up from 13.41% in the previous year, due to Q4 growth and extended credit for new businesses.
  • Middle East war has significantly impacted logistics costs, with freight costs rising from $1,500-$1,700 to $7,500-$8,000, potentially reducing business in the region by 50%.
Read the full call →

What Creative Newtech Limited does

Creative Newtech Limited runs a dual-engine model combining brand ownership with value-added distribution of technology and consumer brands. Its Brand Business builds and licenses an in-house portfolio of brands (including Honeywell) to capture higher margins beyond pass-through distribution, while its Market Entry Specialist Business distributes over 50 global and domestic technology brands nationwide across online and offline channels, handling marketing, logistics and after-sales support. The company is expanding into surveillance, IoT, AI, cybersecurity, drones and data-centre connectivity through brand partnerships, and is preparing to launch its own brand.

Segments

  • Brand Business
  • Market Entry Specialist Business
Distribution reach
300+ cities across India (retail, modern trade, e-commerce)
Brands distributed
50+ global and domestic brands
Honeywell licensing footprint
29 countries
Business segments
2 (Brand Business; Market Entry Specialist Business)
Operating history
30+ years
Government orders won (Q4 FY26)
2 (Body-Worn Camera solutions for RTO; Disaster Management & Emergency Response Kits)
Company website

Guidance record · Q4 FY26

what the last two calls moved 15 tracked 2 delivered 2 missed 11 open
  • Honeywell Business Turnover delivered said Q2 FY26 Promised: INR360-370 crores Q4 FY26: The total brand business, which is dominated by Honeywell, achieved INR 369.61 crores in FY26, meeting the target range of INR 360-370 crores.
  • Honeywell Business Turnover (Optimistic) missed said Q2 FY26 Promised: INR390-400 crores Q4 FY26: Total brand business revenue for FY26 was INR 369.61 crores, falling short of the optimistic target of INR 390-400 crores.
  • Own Brand vs. Market Entry Sales Mix delayed said Q2 FY26 Promised: 50% own brand, 50% market entry by 2029 Q4 FY26: Management reiterated the 50/50 mix goal but pushed the timeline from 'by 2029' to 'by 2030'.

All 15 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue up 26.5%, net profit up 69.7% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue396 614 353 354 613 +55%870 +42%719 +104%448 +26%
EBITDA5 3 7 7 11 +134%13 +273%24 +223%19 +173%
Net profit6 8 6 5 7 +26%10 +14%12 +92%9 +70%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +75.4% 1Y

₹0.6k₹0.8k₹1.0k₹1.2kSept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Q2 FY26 — 12 Nov 2025Q4 FY26 — 15 May 2026

1Y: ₹636.85 on 10 Sept 2025 → ₹1,116.9. High ₹1,279.6 (31 Aug 2026), low ₹528.15 (30 Mar 2026).

How the price took the results

close before → close after

Q4 FY26
−5.0%
15 May
Q2 FY26
−2.0%
12 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Financials, as filed

Revenue grew 24.9% a year over 2 years, FY24 to FY26. Operating margin widened to 2.1%.

Year endingFY24FY25FY26
Revenue₹1.6k Cr₹1.6k Cr₹2.6k Cr
Operating profit₹24 Cr₹21 Cr₹55 Cr
Operating margin1.4%1.3%2.1%
Interest₹10 Cr₹10 Cr₹20 Cr
Depreciation₹1 Cr₹1 Cr₹1 Cr
Net profit₹31 Cr₹26 Cr₹34 Cr
Net margin1.9%1.6%1.3%
Cash from operations₹-26 Cr₹14 Cr₹-257 Cr
Free cash flow₹-27 Cr₹11 Cr₹-259 Cr
ROCE21.0%14.0%14.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹12 Cr₹12 Cr₹13 Cr₹14 Cr₹15 Cr₹15 Cr
Reserves₹41 Cr₹63 Cr₹88 Cr₹197 Cr₹308 Cr₹284 Cr
Borrowings₹43 Cr₹64 Cr₹89 Cr₹73 Cr₹126 Cr₹324 Cr
Other liabilities₹92 Cr₹107 Cr₹65 Cr₹51 Cr₹340 Cr₹239 Cr
Total liabilities₹188 Cr₹246 Cr₹255 Cr₹335 Cr₹789 Cr₹863 Cr
Fixed assets₹10 Cr₹11 Cr₹10 Cr₹9 Cr₹11 Cr₹10 Cr
Capital work in progress₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Investments₹0 Cr₹0 Cr₹0 Cr₹31 Cr₹3 Cr₹35 Cr
Other assets₹177 Cr₹235 Cr₹244 Cr₹295 Cr₹775 Cr₹818 Cr
Total assets₹188 Cr₹246 Cr₹255 Cr₹335 Cr₹789 Cr₹863 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, FIIs trimmed −0.74 pp while the public added +0.40 pp. The shareholder count shrank 3% to 9,062.

Promoters
56.6%
FIIs
0.3%
DIIs
1.3%
Public
41.8%

Since Jun 2025

  • FIIs −0.74 pp
  • Public +0.40 pp
  • DIIs +0.32 pp

How it drifted, 12 quarters

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 56.9%, FIIs 0.0%, DIIs 1.1%, Public 42.0%.Dec '23: Promoters 56.9%, DIIs 1.5%, Public 41.6%.Mar '24: Promoters 56.7%, FIIs 0.1%, DIIs 1.6%, Public 41.7%.Jun '24: Promoters 56.7%, FIIs 0.1%, DIIs 1.6%, Public 41.6%.Sep '24: Promoters 56.2%, FIIs 0.3%, DIIs 1.5%, Public 42.0%.Dec '24: Promoters 56.2%, FIIs 0.9%, DIIs 1.5%, Public 41.4%.Mar '25: Promoters 56.6%, FIIs 1.0%, DIIs 1.0%, Public 41.5%.Jun '25: Promoters 56.6%, FIIs 1.0%, DIIs 1.0%, Public 41.4%.Sep '25: Promoters 56.6%, FIIs 0.4%, DIIs 1.0%, Public 42.0%.Dec '25: Promoters 56.6%, FIIs 0.2%, DIIs 1.0%, Public 42.1%.Mar '26: Promoters 56.6%, FIIs 0.2%, DIIs 1.1%, Public 42.1%.Jun '26: Promoters 56.6%, FIIs 0.3%, DIIs 1.3%, Public 41.8%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Creative Newtech Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Ketan Chhaganlal Patel 56.20%unchanged
Sapri Trading Dwc Llc 3.86%unchanged
Abhinav Capital Services Limited 3.08%−0.13 pp
Shreesumna Trade Llp 2.88%unchanged
Setu Securities Private Limited 2.52%unchanged
Sachin Kasera 2.00%unchanged
Ajay Girish Vora 1.77%unchanged
Purvi Ketan Patel 0.39%unchanged
Nidhi K Patel 0.02%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

What the price assumes

Growth the price implies
25.2% a year
for 7 years, fading to 4%
It has actually compounded at
Not enough history
The gap
—
between what it did and what it must do
Price today ₹1,116.9

Change the assumptions yourself →

All earnings calls (2)

Read the Q4 FY26 call →

Learn to analyse Creative Newtech Limited

Guides on how to read this kind of business and the numbers that matter.