Aditya Infotech has incorporated a joint venture company named Corelink Cable Technology Private Limited on June 10, 2026, in partnership with Orient Cables (India) Limited under a 50:50 agreement. The new entity has been established to manufacture electric cables and other allied products, leveraging the combined capabilities of both companies in the industrial products sector.

The joint venture will be primarily engaged in the manufacturing of electric cables, including LAN cables, CCTV cables, terminated assemblies, connectors, and related products. The initial paid-up share capital of Corelink Cable Technology Private Limited is proposed to be ₹2,00,00,000, divided into 20,00,000 equity shares of ₹10 each. Both Aditya Infotech Limited and Orient Cables (India) Limited will each subscribe to ₹1,00,00,000, representing a 50% stake in the new entity. The consideration for the subscription to the capital is in the form of cash.

Key Details of the Joint Venture

The following table outlines the specific details regarding the incorporation and structure of the new joint venture:

The incorporation follows previous disclosures made by the company on February 12, 2026, and April 16, 2026, regarding the execution of the Joint Venture Agreement. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Aditya Infotech Limited has reported strong financial results for the quarter and financial year ended March 31, 2026, driven by market share gains and a favorable product mix. The company has raised its revenue guidance for FY27 to INR6,000 crores to INR6,500 crores, representing nearly 50% growth over the previous year, while projecting EBITDA margins between 14% and 15%. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

For the fourth quarter, revenue grew 45.5% year-on-year to INR1,422 crores. EBITDA increased 162% year-on-year to INR258.3 crores, with margins expanding by 800 basis points to 18%. Adjusted PAT stood at INR169.1 crores, up 207.7% year-on-year, attributed to a 38% reduction in finance costs and improved operational efficiencies. On a full-year basis, revenue rose 35.6% to INR4,220.8 crores, while EBITDA surged 124.1% to INR579 crores. Adjusted PAT for FY26 reached INR368 crores, reflecting 166.1% growth.

Strategic Initiatives and Supply Chain

The company strengthened its market leadership, achieving approximately 45.4% market share in the Indian video surveillance industry as of Q3 FY26. To mitigate global semiconductor shortages, Aditya Infotech adopted a multi-SoC product strategy and diversified its supply chain by partnering with six non-Chinese SoC companies, including Ambarella, Qualcomm, and Novatek. The firm also partnered with L&T Semiconductor Technologies for the supply of 9 million next-generation CCTV IP cameras over three years.

Capacity Expansion and Outlook

Manufacturing capacity reached 2.5 million units, with plans to double overall production capacity by FY28. The company announced a dividend of INR1.6 per equity share. Management noted that while raw material costs are rising, price hikes implemented in a phased manner are expected to sustain profitability. The board has approved capex plans ranging between INR200 crores and INR300 crores, primarily funded through internal accruals.

Financial Performance Summary