Aditya Infotech Ltd.
Infrastructure · NSE
52-week range
₹1,015 – ₹2,575
From 52w high
-2.6%
RSI (14)
81.3
vs SMA 50 / 200
↑ 50 · ↓ 200
CP Plus (Aditya Infotech) is a domestic surveillance hardware company reporting 5-year revenue CAGR of 37.3% and earnings CAGR of 123.5%, commanding a stated 39% market share in India. At a current price of ₹2,508, the stock has risen 61.1% over 3 months, trades at a trailing PE of 115.9 — highest among its 6-stock Infrastructure peer group — and carries a debt-to-equity ratio of 8.04 with a rising debt trend. RSI at 81.35 indicates the stock is in overbought territory on available data.
- ✓5-year revenue CAGR of 37.3% and earnings CAGR of 123.5% reflect a strong growth trajectory in Indian surveillance infrastructure.
- ✓Domestic market share reported at 39% in the surveillance segment points to a dominant position in a fragmented, import-substitution-driven market.
- ✓Consistency score of 78 out of 100 and ROE above 15% in 4 of the available years suggest periods of capital efficiency.
- ✓The 50:50 JV with Orient Cables (April 2026) for LAN, CCTV, and electric cable manufacturing represents vertical integration that could reduce input-cost dependence over time.
- ✗D/E ratio of 8.04 with a rising debt trend is the most pronounced leverage concern in this peer group, where the infrastructure sector median D/E is meaningfully lower; FCF was positive in only 3 of the reported years.
- ✗Trailing PE of 115.9 is the highest of the 6 Infrastructure peers analyzed (BEL: 53.7, LT: 34.0, ABB: 95.2, CGPOWER: 113.8, CUMMINSIND: 66.5), embedding substantial forward growth expectations at a profit margin of only 6.72%.
- ✗RSI of 81.35 and a 61.1% price gain in 3 months indicate the stock is in technically overbought territory on available data, with price near 52-week highs (only 2.59% below peak).
- ✗Quality score of 45 ranks 3rd of 6 in the Infrastructure peer group, and ROE data is unavailable — limiting a complete picture of capital returns relative to peers.
- ·In April 2026, Aditya Infotech executed a 50:50 JV agreement with Orient Cables to manufacture LAN, CCTV, and electric cables — a move reported positively across multiple business outlets and framed as a vertical integration step.
- ·An Indian Express report in late April 2026 noted CP Plus holds a 39% domestic surveillance market share while also raising questions about sustainability of that share — one of 7 recent news items, with 5 classified as positive and none as negative.
- ·The forward PE of 68.1 versus trailing PE of 115.9 implies the market is pricing in significant near-term earnings acceleration; the gap between those two metrics is one of the widest in the peer set.
- ?Does the rising D/E ratio reflect deliberate capacity investment with a clear deleveraging timeline, or does it signal structural reliance on external debt to fund growth?
- ?Is the 39% domestic surveillance market share defensible as Chinese and global hardware vendors intensify competition, or is it sensitive to import-tariff and policy changes?
- ?How much of the 5-year earnings CAGR of 123.5% is attributable to operating leverage on a low base versus sustainable margin expansion at scale — and what does the 6.72% profit margin imply about room for further expansion?
- ?How does the JV with Orient Cables affect CPPLUS cost structure over a 2–3 year horizon, and does vertical integration into cables dilute or reinforce the core surveillance business focus?
PE
115.9
Forward PE
68.1
ROE
—
Profit margin
+6.7%
D/E
8.04
Dividend yield
—
Quality score
45/100
ROE 5y above 15%
4/5 yrs
FCF 5y positive
3/5 yrs
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.Analysis generated 11 May 2026.