Aditya Infotech Limited Results Analysis-Q1FY27

Financial performance and key Operating Metrics (Consolidated) : Operating Revenue for Q1FY27 is Rs. 1,402 Crs., 89.51% growth YoY, Total Income is Rs. 1,407 Crs., 89.04% growth YoY, Gross Profit is Rs. 432 Crs., 157.14% growth YoY, EBITDA is Rs. 208 Crs., 220.04% growth YoY, EBITDA Margin is 14.77% improved by 605 basis points YoY, PBT Rs. 191 Crs., 332.66% growth YoY, PAT Rs. 142 Crs. 332.48% growth YoY. On QoQ basis Operating Revenue is down by 1.38%, Total Income is also down by 1.2%, Gross Profit is down by 4.41%, EBITDA is down by 19.56%, PBT is down by 16.36% and PAT is also down by 15.92%. Regulatory tailwinds continuing as CCTV is a priority sector for the government. Market share: 43.3% in Indian video surveillance (FY26, Frost & Sullivan), with management noting share has “effectively doubling over the period shown.” Near-term manufacturing expansions: Housing/enclosure expansion: on track; expected operational by Q3 FY27, Kadapa greenfield expansion: “land acquisition… in final stages”; Kadapa is also cited as current foundation capacity (2.5m units/month). Second manufacturing cluster (Greater Noida): land bank “identified and applied… for allocation.” Capacity ambition: “almost doubling… in the next three years.” Newly incorporated JV to manufacture network LAN and CCTV coaxial cables. Facility: Rajasthan, ~1 lakh sq ft, commercial production expected by end of FY27.