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“Creative Newtech Limited
Q2 Half Year Ended FY27 Earnings Conference
Call”
October 29, 2026
MANAGEMENT: MR. KETAN PATEL – CHAIRMAN AND MANAGING
DIRECTOR – CREATIVE NEWTECH LIMITED
MR. AJIT THAKUR – CHIEF FINANCIAL OFFICER –
CREATIVE NEWTECH LIMITED
MR. VIJAY ADVANI – WHOLE TIME DIRECTOR
AND SAAA CONSULTANTS, INVESTOR RELATIONS
TEAM – CREATIVE NEWTECH LIMITED
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Creative Newtech Limited
October29, 2026
Moderator: Good afternoon, ladies and gentlemen. On behalf of Creative Newtech Limited, we
extend a warm welcome to all participants joining us for the Q2 Half Year ended FY27
Earnings Conference Call. We sincerely appreciate your presence as we discuss this
quarter and half year's performance, highlight significant achievements and share our
vision for the future.
This conference call may include forward-looking statements that are based on the
company's beliefs, assumptions and expectations as of the date of this call. These
statements are not assurances of future results and are subject to risks and uncertainties
that remain difficult to foresee.
As a gentle reminder, all participant lines will remain in the listen-only mode until we
open the floor for question and answer session. Please note that this conference is being
recorded. If you need any assistance during the call, please press star followed by zero
to signal the operator. With that, it is my privilege to hand the call over to Mr. Ketan
Patel, Chairman and Managing Director of Creative Newtech Limited. Thank you and
over to you, sir.
Ketan Patel: Good afternoon, everyone. Welcome to Creative Newtech Limited's Earnings
Conference Call for the second quarter and half year ended September 30, 2026. I
would like to begin by thanking all of you for joining us today. Joining me on the call
are Mr.Ajit Thakur, our CFO; Mr. Vijay Advani, our Whole Time Director and SAAA
Consultants, our Investor Relations team.
Every quarter brings an opportunity to reflect on our progress, but some periods carry
greater significance in shaping the future of business. For Creative Newtech the first
half of FY27 has been one such defining chapter. Last year, we spoke about building
deeper capabilities entering high potential technology majorly and preparing Creative
Newtech for opportunities of greater scale.
Today, I'm pleased to share that we are making meaningful progress in bringing those
ambitions to life. India is entering an important phase of technology led development.
Digital connectivity is expanding, infrastructure is becoming more intelligent and the
demand for integrated technology services is growing across government, institutions
and enterprise.
At Creative Newtech we see this transformation as an opportunity to apply the
experience. Partnerships and market capabilities, we have build over three decades to
a much larger business landscape. During the first half we strengthen our participation
in government infrastructure to significant development.
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Creative Newtech Limited
October29, 2026
We received an advance work order for BSNL, for the BharatNet Middle Mile
Network Project in the Odisha Telecom Circle, with an approximate total value of
INR3,194.83 crores. This represent a significant opportunity to participate in
strengthening India's digital connectivity infrastructure.
This development marks an important progression in our journey. They demonstrate a
state of opportunity we are pursuing and reinforce our commitment building the
execution capabilities required for complex technology infrastructure project.
Surveillance and intelligence security infrastructure remains another important area of
focus.
Last year we discussed our ambition to deepen our presence in this ecosystem. Our
proposed acquisition of Infinova India Private Limited pace this strategy forward,
supporting our vision of building of Make in India surveillance and technology
platform. Our partnership with Ravel Electronics further strengthened our portfolio in
fire and life safety technology.
Expanding our ability to address enterprise and institutional requirement through
advance security and safety suggestion. We also continued developing our presence in
drone technology, our partnerships with Drona Aviation expands opportunities in
drone-based STEM education, while our association with Jupiter Electric Mobility
strengthens our drone technology portfolio.
Both developments support our participation in emerging technology applications.
Alongside this strategic partnership, we achieved another important milestone with the
launch of WOZOYO, our global consumer technology brand under our wholly owned
Hong Kong subsidiary, Secure Connection Limited.
For decades, we have helped global brands establish their presence in big markets.
WOZOYO gives us an opportunity to leverage that expertise in developing our own
consumer electronic and smart lifestyle brand, creating another avenue for long-term
business growth. As I reflect on this development, one thing becomes clear, Creative
Newtech is expanding its participation across infrastructure, enterprise solution,
emerging technology and consumer markets.
Each opportunity builds on our existing strength while adding new capabilities to our
business. Equally important is the financial discipline supporting this expansion. Our
operating cash flow stood at INR351.24 crores during the first half reflecting strong
cash generation and reinforcing our focus on financial efficiency.
As we pursue larger opportunities, disciplined capital allocation, working capital
management and operational execution will remain central to our strategy. Looking
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Creative Newtech Limited
October29, 2026
ahead, our ambition is to convert the opportunities we have created into sustainable
business growth. We remain focus on strengthening our capabilities, deepening
strategic partnerships and building a technology business capable of participating in
India's evolving infrastructure and innovation landscape.
Last year we shared our direction for first half of FY27 has brought meaningful
opportunities to advance it. Our next priority is to turn this progress into consistent
execution and lasting value creation. I want to thank our team, customers, partners and
shareholders for their continued confidence in Creative Newtech. With this, I would
now like to invite Mr. Ajit Thakur, our CFO, to take you through the financial
highlights for the quarter and half year. Thank you.
Ajit Thakur: Thank you, sir. Good afternoon, everyone. The financial highlights of H1 FY27 tell an
encouraging story of scale and profitability moving forward together. Creative
Newtech has delivered stronger earnings, improved operating margins and substantial
cash generation, reinforcing our ability to support business expansion with financial
discipline.
What is particularly encouraging is the pace of earnings growth relative to revenue.
During the first half, our EBITDA grew by 55.78% against total income growth of
16.55% accompanied by an improvement in operating margins, which reflects
meaningful progress in our earnings, performance and the financial strength of our
expanding business.
The second quarter further strengthened this performance with healthy business
activity across our technology portfolio, supported by improved profitability and
continued focus on operational efficiency. I will now take you through the key
highlights of our consolidated financial performance.
Please note that our financials are prepared in accordance with IndAS guidelines.
Looking at consolidated Q2 FY27 results, the company reported revenue from
operations of INR752.14 crores and total income of INR754.8 crores, reflecting a year-
on-year growth of 14.43% in total income.
The quarterly EBITDA stood at INR40.11 crores, registering a strong year-on-year
growth of 50.70%. EBITDA margin improved to 5.31% compared to 4.04% in the
corresponding quarter last year. Profit before tax stood at INR30.12 crores. PAT for
the quarter ca
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