• Event Type: Q1 FY27 Earnings Conference Call hosted by ICICI Securities Limited, including question-and-answer session with analysts.
  • Event Date and Time: Thursday, August 13, 2026 (specific time not mentioned in the transcript).
  • Purpose: Discussion of unaudited financial results (standalone & consolidated) for the quarter ended June 30, 2026 and strategic business updates.
  • Management Participants: Mr. Aditya Khemka (Managing Director), Mr. Anup Nair (Director - Strategy and Business Development), Mr. Yogesh Sharma (Chief Financial Officer), Ms. Dipika Dubey (Head of Investor Relations).
  • Moderator: Mr. Aniruddha Joshi from ICICI Securities Limited.
  • Availability: The transcript notes that in case of discrepancy, the audio recordings uploaded at the company's website on 13th August 2026 will prevail. The disclosure will be hosted on the Company's website at https://www.adityagroup.com/.

Financial Highlights Discussed:

  • Q1 FY2027 revenue stood at INR1,402 crores, up 89.5% year-on-year
  • CP PLUS brand contributed approximately 87% of overall Q1 revenue
  • IP products accounted for 79% of CP PLUS portfolio
  • Gross margin stood at 30.8%, up 810 basis points year-on-year
  • EBITDA stood at INR208 crores, up 20% year-on-year
  • EBITDA margins improved by 604 basis points to 14.8%
  • Adjusted PAT stood at INR142.2 crores, up 332.5% year-on-year
  • Finance costs reduced by 59% year-on-year
  • Working capital metrics improved with cash conversion cycle at 64 days
  • Debt to equity reduced sharply to 0.07

Strategic and Operational Updates:

  • Market share stood at 43.3% in the Indian video surveillance industry in FY2026 (per Frost & Sullivan report)
  • Manufacturing capacity expansion: Adding three more FA lines and one MI line in August, bringing total to 42 FA lines, 4 MI and 12 SMT lines
  • Housing and enclosure expansion expected to become operational by Q3 FY27
  • Kadapa greenfield expansion land acquisition in final stages (current capacity: 2.5 million units per month)
  • Developing second manufacturing cluster in Greater Noida
  • Incorporated Corelink Cable Technology Private Limited, a joint venture with Orient Cables for manufacturing network LAN and CCTV coaxial cables
  • Proposed facility in Rajasthan covering approximately 1 lakh square feet, expected to start commercial production by end of FY27
  • New product categories under exploration: machine vision cameras, drone camera modules, industrial autonomous mobile robots, home IoT products
  • Expanding CP PLUS Pro series of high-end AI powered solutions, global shutter cameras and explosion proof products
  • Accelerating rollout of Nexivue brand
  • Enhanced focus on enterprise, government and AI driven opportunities
  • Strengthened leadership team with key appointments including Head of Credit and General Counsel

Guidance and Outlook:

  • Management reiterated EBITDA margin guidance of 14% to 15% for FY27
  • Expecting gradual price increases of 15-20% by H1 FY27 and around 25% for the full year to offset component cost inflation
  • Export opportunities targeted for significant numbers in the next 18-24 months

Additional Notes Section

  • The document is the transcript of the earnings conference call submitted as a regulatory disclosure under Regulation 30 of SEBI Listing Regulations.
  • The transcript includes detailed Q&A session with analysts covering topics such as pricing strategy, backward integration, new product categories, market competition, capacity utilization, R&D investments, and supply chain management.
  • The company emphasized compliance with government regulations prohibiting Chinese semiconductors and memory in CCTV products since April 2025.
  • The transcript was edited for factual errors with audio recordings serving as the primary reference.