Creative Newtech Limited has secured two major government contracts with a combined value of ₹54.15 crore from the Government of Maharashtra, marking a significant milestone in the company's growth trajectory. The orders reinforce Creative Newtech's position as a trusted execution partner for large-scale public sector technology programs.

Major Contract Details

The two government engagements demonstrate Creative Newtech's system-led approach, where surveillance and disaster preparedness are delivered as integrated, scalable infrastructure supported by disciplined execution.

Body-Worn Camera Deployment for RTO

The first contract worth ₹7.67 crore involves the deployment of body-worn camera systems for the Motor Vehicles Department (RTO), Government of Maharashtra. Under this engagement, Creative Newtech will deploy 600 body-worn cameras along with the required infrastructure across Regional and Deputy Regional Transport Offices throughout Maharashtra.

The project encompasses a complete lifecycle approach, covering:

• Equipment supply and system integration
• Installation and training services
• Ongoing maintenance for reliable daily operations

The deployment leverages Creative Newtech's proven surveillance ecosystem, developed through strategic partnerships with Matrix and Sparsh, two of India's four STQC-certified brands. This positioning enables the company to deliver enforcement systems with consistency, credibility, and scale, aligning with the state's priorities around transparency, enforcement efficiency, and digitalization of public services.

Disaster Management and Emergency Response Initiative

The second order, valued at ₹46.48 crore, comes from the Department of Disaster Management, Relief and Rehabilitation (R&R), Government of Maharashtra. This contract covers the supply of 2,677 disaster management and emergency response kits designed to build stronger preparedness and enable swift, effective response during natural and man-made emergencies.

Supported by Creative Newtech's B2B integrated partner ecosystem, the initiative will be executed in a coordinated manner, enabling smooth and timely rollout at scale. The order will be executed in line with agreed contractual timelines and aligns with the company's enterprise focus on executing large government programs through structured delivery.

Management Perspective

Commenting on the development, Mr. Ketan Patel, Chairman & Managing Director of Creative Newtech Limited, emphasized the significance of the government's trust in the company's execution capabilities. He highlighted that these projects reflect the kind of work the company has been steadily building towards, where technology supports governance, safety, and preparedness in real situations.

Patel noted that the company views this as a key milestone in expanding its enterprise business and building long-term value through trusted government partnerships, with focus remaining on delivering with consistency, accountability, and long-term reliability in every engagement.

Company Background

Established in 1992, Creative Newtech Limited operates as a well-established player in India's Information and Communication Technology distribution market. The company has built a robust network of partners and distribution channels, creating a strong foothold in the IT distribution market through an omni-channel network across online, offline, and retail trade channels.

Creative Newtech specializes in market entry and penetration for global brands, offering demographic intelligence and enabling the formulation and execution of marketing strategies for clients. The company is associated with over 20 renowned brands globally, encompassing a wide range of applications that help cater to a broad array of customers in both consumer and industrial businesses.

Source:

Creative Newtech has delivered exceptional financial performance in Q3 FY26, showcasing robust growth across key financial metrics while strategically expanding its surveillance and security infrastructure portfolio. The company's investor presentation reveals significant improvements in revenue generation, profitability, and operational efficiency, reflecting strong business execution and strategic market positioning.

Comprehensive Financial Performance

The company's Q3 FY26 consolidated results demonstrate substantial growth across all major financial parameters, with particularly strong performance in revenue and EBITDA metrics. The results highlight the company's successful transition from traditional distribution to value-enhanced, brand-led growth strategies.

Revenue Growth and Market Expansion

Creative Newtech achieved remarkable consolidated revenue growth of 38.35% year-on-year, with Q3 FY26 revenue reaching ₹911.79 crore compared to ₹659.06 crore in the corresponding quarter last year. This represents an increase of ₹252.73 crore, driven by higher sales volumes and improved realizations across key business segments.

The company's total income grew 37.24% YoY to ₹920.28 crore, reflecting strong execution across operations and continued demand traction with incremental customer additions supporting robust top-line growth.

Strategic Business Developments

During the quarter, Creative Newtech significantly strengthened its surveillance and security infrastructure portfolio through strategic partnerships. The company secured distribution agreements with Matrix and Sparsh, representing two of the four major STQC-certified surveillance brands in India, aligning with the government's Make-in-India initiatives.

Segmental Performance Analysis

The company operates through two primary business segments, with Market Entry Specialist Business contributing 82.94% of Q3 FY26 revenue at ₹756.28 crore, while Brand Business accounted for 17.06% at ₹155.51 crore. This represents growth in Brand Business contribution from 14.99% in Q3 FY25, indicating successful brand portfolio expansion.

Profitability and Margin Performance

EBITDA increased 38.20% YoY to ₹32.78 crore, with EBITDA margin standing at 3.56% compared to 3.54% in the previous year. The company maintained healthy profit margins with consolidated net profit increasing by 36.91% to ₹23.37 crore, demonstrating effective cost management while scaling operations.

Profit Before Tax grew 32.70% YoY to ₹26.35 crore, reflecting higher operating profit and efficient cost management despite elevated raw material costs and higher operating expenses in the competitive market environment.

Source: Creative Newtech Limited Investor Presentation Q3 9M FY25-26