Creative Newtech Limited announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, approved by the Board of Directors at its meeting held on May 14, 2026. On a standalone basis, the company reported a net profit of Rs 34.35 crore for FY26, a year-on-year increase of 34.36% from Rs 25.56 crore in the previous year. For the fourth quarter, standalone net profit surged by 91.64% to Rs 12.40 crore from Rs 6.47 crore in the corresponding period of the previous year. The Board also recommended a final dividend of Re 0.50 (5%) per equity share of face value of Rs 10 each for FY26, subject to shareholder approval.

Standalone Financial Performance

Standalone total income for Q4 FY26 stood at Rs 718.36 crore, reflecting robust growth of 100.98% YoY from Rs 357.43 crore. EBITDA for the quarter grew by 102.53% YoY to Rs 23.85 crore, while EBITDA margin was 3.32%. For the full year FY26, standalone total income reached Rs 2,568.90 crore, a 54.24% increase from Rs 1,665.54 crore in FY25. Annual EBITDA increased by 50.02% to Rs 67.67 crore. Basic and diluted earnings per share (EPS) for FY26 stood at Rs 22.87, compared to Rs 17.82 in FY25.

Consolidated Financial Performance

On a consolidated basis, Creative Newtech reported revenue from operations of Rs 2,69,977.25 lacs for FY26, compared to Rs 1,77,447.71 lacs in FY25. Consolidated total income for FY26 stood at Rs 2,71,751.04 lacs versus Rs 1,80,146.78 lacs in the previous year. Consolidated profit before tax for FY26 was Rs 8,176.20 lacs, up from Rs 6,154.50 lacs in FY25. The consolidated profit for the year was Rs 7,029.29 lacs, with equity shareholders of the parent company accounting for Rs 6,174.68 lacs and non-controlling interest at Rs 842.15 lacs. Consolidated basic and diluted EPS for FY26 stood at Rs 41.04, compared to Rs 32.18 in FY25.

Segment-wise Performance

The standalone segment reporting highlights strong growth across both business verticals. The Market Entry Specialist segment remained the dominant revenue driver, contributing Rs 2,31,891.78 lacs in FY26 versus Rs 1,50,379.78 lacs in FY25. The Brand Business segment contributed Rs 23,224.22 lacs in FY26, up from Rs 13,475.02 lacs. On a consolidated basis, the Brand Business segment revenue grew to Rs 38,085.50 lacs in FY26 from Rs 27,067.93 lacs in FY25, while the Market Entry Specialist segment contributed Rs 2,31,891.75 lacs.

Management Changes & Strategic Developments

The Board appointed Mr. Ajit Thakur as Chief Financial Officer and Key Managerial Personnel with effect from May 14, 2026, in place of Mr. Abhijit Kanvinde, who resigned from the position on April 14, 2026. Mr. Thakur is a qualified Chartered Accountant with over 17 years of experience across Finance, Accounts, Strategic Planning, Fund Raising, Taxation, Treasury, and Risk Management, having previously held leadership positions at Mahindra & Mahindra Ltd., Mahyco Group, Safal Group, Gitanjali Group, and Time Technoplast Ltd. On the business front, the company strengthened its cybersecurity portfolio by entering into a distribution agreement with Kaspersky and signed a Pan-India distribution agreement with PDRL to drive adoption of indigenous drone technologies. Creative Newtech also received two major government orders, including one for Body-Worn Camera solutions for the Motor Vehicles Department and another for Disaster Management & Emergency Response Kits. Additionally, Honeywell supplied air purifiers to the Singapore Ministry of Education, and the company launched business operations in the Philippines.

Creative Newtech Limited has filed an addendum and revised disclosure dated 13th May 2026 with the National Stock Exchange of India Limited and BSE Limited, providing additional details in the prescribed format under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The addendum pertains to the company's earlier corporate announcement dated 12th May 2026, which disclosed an order worth ₹35.89 crore secured from the Food Corporation of India (FCI) for the FCI Smart Warehousing Project spanning 150 depots across India. The company clarified that the omission of the prescribed format details in the original filing was purely unintentional and that there is no change in the value, scope, nature, timeline, or other material terms of the order.

Background and Reason for Addendum

The addendum was submitted following a communication received from BSE Limited seeking additional details in respect of the original corporate announcement. Creative Newtech stated that the original announcement had provided broad details of the project, including the order value, scope of deployment, number of depots covered, project implementation timeline, and strategic importance. The revised disclosure now includes the complete order details in the format prescribed under SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company also noted that going forward, it will take due care to ensure all applicable details are included in the prescribed format at the time of filing such disclosures.

Order Details — Regulation 30 Prescribed Format

The following table presents the complete order details as submitted by Creative Newtech in Annexure A of the addendum:

Project Scope and Technology Deployment

The scope of the FCI Smart Warehousing Project involves the deployment of surveillance and AI-based smart warehousing infrastructure across FCI depots nationwide. The key components include:

• Sensor modules for real-time monitoring
• Bag counting systems to improve inventory accuracy
• Boom barriers for access control
• Gateway infrastructure for connectivity
• Software platforms for centralized management
• Surveillance and AI systems for intelligent monitoring
• Intelligent monitoring systems for enhanced operational visibility

The project will be executed through Creative Newtech's strategic partnership with a system integrator, leveraging the company's implementation strength and deployment experience across its 31 offices and warehouses, enabling a coordinated rollout across all 150 depots.

Management Commentary

Commenting on the order, Mr. Ketan Patel, Chairman & Managing Director of Creative Newtech Limited, stated:

"A project across 150 FCI depots is a large responsibility, especially because it supports an important part of India's food storage network. For Creative Newtech, this is a proud moment because it allows us to bring our technology experience into a system that plays an important role in India's food supply chain. Our focus is to ensure a dependable, coordinated, and practical rollout across every site. We believe Creative Newtech can add strong value by combining planning, deployment capability, and on-ground execution, also opens a wider path for future FCI, government, PSU, smart infrastructure, logistics digitization, and mutually agreed international opportunities. For us, this is a strong step towards larger public infrastructure technology projects."

Strategic Significance

This order strengthens Creative Newtech's position in government-led digital infrastructure and smart technology deployment. The engagement expands the company's presence in surveillance, AI, and intelligent warehousing solutions—areas increasingly relevant across logistics, public infrastructure, and institutional storage systems. The project forms part of the Government of India's supply chain modernization initiative and aims to upgrade India's food storage infrastructure through IoT-based systems, intelligent monitoring, and advanced smart warehouse-level technology solutions.

About Creative Newtech Limited

Established in 1992, Creative Newtech Limited is a well-established company in India's Information and Communication Technology distribution market. The company operates an omni-channel network across online, offline, and retail trade channels and specializes in market entry and penetration for global brands. Creative Newtech is associated with over 20 renowned brands globally, offering end-to-end solutions spanning market research, import, distribution, sales, servicing, and marketing strategy execution. The company is headquartered at Kandivali West, Mumbai.

Source: Company/INE985W01018/Addendum dated 13th May 2026