Creative Newtech Ltd Q2 FY26 Results & Concall Highlights: Revenue, Margins & Order Book

Published 4 Jul 2026 | Commercial Services & Supplies | Market Cap: ₹1.9K Cr

Honeywell business expected to reach INR 365-370 crores by year-end, potentially up to INR 390-400 crores if market conditions are favorable (Page 5). The company aims to achieve a PAT level margin of around 4.5% to 5% in the next one to two years (Page 10).

From Creative Newtech Ltd's Q2 FY26 earnings-call transcript · updated 3 Sept 2026.

Price

₹1,249

Market Cap

₹1.9K Cr

P/E Ratio

25.3

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Creative Newtech Ltd — Quarterly revenue & net profit

Revenue Net Profit

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹741 Cr, net profit ₹18 Cr.

Full financials →

📊 Revenue & Sales Performance

→Honeywell business expected to reach INR 365-370 crores by year-end, potentially up to INR 390-400 crores if market conditions are favorable (Page 5).
→Air purifier sales expected to remain strong due to pollution and lifestyle changes; rapid stock replenishment via e-commerce and quick commerce channels (Pages 9, 5).
→Brand business is targeted to scale up to 50% of total business by FY 2029, with current revenue around INR 150 crores for H1 FY '26 (Pages 21, 9).
→Expansion into 42 countries with Honeywell products; possibility to add new countries and product categories through Honeywell's trademark licensee team (Page 24).
→Launch of own brand planned for early next year in India and abroad; further brand acquisitions or collaborations anticipated to fuel growth (Pages 9, 3).
→Focus on higher value category expansion, including surveillance and data center solutions as key growth drivers over next 4-5 years (Pages 7, 5).
→Growth strategy includes increasing consumer-facing experiential products and enhancing online presence (Page 21).

📈 Profitability & Margins

→The company aims to achieve a PAT level margin of around 4.5% to 5% in the next one to two years (Page 10).
→EBITDA margins for the brand business are currently around 15%-16%, with a target to grow to 21% in the next one to two years (Page 9).
→Brand business EBITDA contribution is significant, roughly 50% of overall EBITDA (Page 12-13).
→Market entry/distribution business has lower EBITDA margins (~2.58%), but is expected to improve with better product mix and operational efficiencies (Page 14).
→Expansion into surveillance and data center solutions are key growth drivers for the coming 4-5 years, expected to add to both top line and bottom line (Page 7, 5).
→Honeywell business turnover is projected between INR 365-400 crores for the year, with seasonal upticks expected especially in air purifiers and accessories (Page 5).
→Overall, focus on innovation, operational excellence, and expanding product/geographic reach supports sustainable profitable growth (Page 24).

See what Creative Newtech Ltd said on profitability & margins — free account, 30 seconds.

🏗️ Capital Expenditure Plans

- The company has decided to remain an asset-light business and is not planning significant capital expenditure (Capex) currently. (Page 10) - Upfront expenses related to launching new products or brands include design, certifications (e.g., BIS, STQC, UL, ETL), and marketing, which are expensed rather than capitalized. (Page 10) - Investments in technology, marketing, and partnerships are ongoing to strengthen top-line visibility and bottom-line quality. (Page 3) - The company is building specialized teams, especially for components sourcing and technical knowledge in emerging areas like surveillance and drones. (Page 21) - Evaluating selective brand acquisitions as a strategic move to grow the brand business. (Page 3, 9) - Focus on innovation, operational excellence, and sustainable value creation, with continued investment in digital capabilities and design-driven product development. (Page 3, 24) No explicit large-scale capex plans mentioned, mainly strategic investments and operational expenses.

💰 Fundraising & Capital Structure

The transcript provided from the Creative Newtech Limited Q2 FY '26 Earnings Call does not explicitly mention any current or planned future fundraising through debt or equity. Key points related to financial strategy include: - The company aims to be asset-light and minimize large capital expenditures. - Investments in product launches and certifications are expensed upfront rather than capitalized. - Focus is on improving profitability and cash generation with a target PAT margin of 4.5% to 5% in 2-3 years. - No direct references to new debt or equity fundraising in the discussed sections. - The management emphasized improving return on capital and sustaining growth through existing business models and strategic initiatives. Therefore, based on the provided pages, there is no indication of imminent fundraising through debt or equity.

See what Creative Newtech Ltd said on fundraising & capital structure — free account, 30 seconds.

📋 Order Book & Pipeline

→The contract with Honeywell is currently valid until the end of 2027.
→Honeywell is undergoing a split into three separate companies expected to complete by Q1 2026.
→Post-split, Creative Newtech will know which entity they are aligned with, impacting future contracts.
→There are no current issues with the contract validity up to the end of 2027.
→No specific new orderbook or pending orders details disclosed beyond Honeywell contract status as of now.

Key Metrics

What Creative Newtech Ltd's management said in earlier quarters

Q4 FY26 earnings call analysis →

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Frequently Asked Questions

What were Creative Newtech Ltd Q2 FY26 results?

What is Creative Newtech Ltd share price analysis?

Creative Newtech Ltd currently shows a neutral. The stock trades at a P/E of 25.3 with a market cap of ₹1,865 Cr. Investors should review the full earnings analysis for detailed insights.

Is Creative Newtech Ltd planning capital expenditure?

The company has decided to remain an asset-light business and is not planning significant capital expenditure (Capex) currently.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.