Before diving into Aditya Infotech share price target estimates, let’s first explore the company’s history, business model, financials, IPO structure, and other strategic factors driving its valuation outlook.
📑 Table of Contents
🏢 Company Snapshot
💰 IPO Summary
📊 IPO Subscription Data
📦 Business Overview
📊 Financial Highlights (₹ in Cr)
📈 Key Performance Indicators
🚀 Growth Drivers (2026–2040)
⚠️ Key Risks
📊 Investment Outlook Summary
📈 Aditya Infotech Share Price Target (2026–2040)
⚠️ Disclaimer
🏢 Company Snapshot
Parameter
Details
Company Name
Aditya Infotech Ltd
Industry
Video Surveillance & Security Systems
Founded
1997 (Operated under CP Plus brand)
Headquarters
India
Key Products
IoT cameras, network cameras, thermal/bio cameras, AI surveillance, smart home security
Promoters
Hari Shanker Khemka, Aditya Khemka, Ananmay Khemka, Hari Khemka Business Family Trust
Pre-IPO Shareholding
92.58%
Post-IPO Shareholding
76.70%
Customers
550+ cities/towns, 1,000+ distributors, 2,100+ system integrators
💰 IPO Summary
Parameter
Details
Issue Size
₹1,300.00 Cr
Fresh Issue
₹500.00 Cr (0.74 Cr shares)
Offer for Sale
₹800.00 Cr (1.19 Cr shares)
Face Value
₹1
Issue Price
₹675
Lot Size (Retail)
22 Shares
Employee Discount
₹60
Listing Date
August 5, 2025
Listing Exchanges
BSE, NSE
Registrar
MUFG Intime India (Link Intime)
Lead Manager
ICICI Securities Ltd
📊 IPO Subscription Data
Category
Subscription (x)
Shares Offered
Shares Bid
QIB
140.50x
57,51,112
80.80 Cr
NII Total
75.93x
28,75,556
21.83 Cr
sNII
70.07x
9,58,519
6.71 Cr
bNII
78.86x
19,17,037
15.11 Cr
Retail
53.81x
19,17,037
10.31 Cr
Employee
9.01x
97,561
8.79 Lakh
Total
106.23x
1.06 Cr
113.04 Cr
Applications
40,16,488
–
–
📦 Business Overview
Segment
Key Offerings
Strengths
Surveillance Solutions
Smart IoT, network, AI, body/thermal cameras
Pan-India demand; home and enterprise segments
Smart Home Products
WiFi/4G cameras, dashcams, AI-integrated
Strong CP Plus brand recall
Commercial Security
AI-powered analytics (ANPR, heat mapping)
Advanced solutions for BFSI, infra, retail
Distribution Network
1,000+ distributors, 2,100+ system integrators
Tier I, II, III coverage
Manufacturing & R&D
Kadapa facility, 10 warehouses, 41 branches
Vertically integrated supply chain
📊 Financial Highlights (₹ in Cr)
Metric
FY23
FY24
FY25
CAGR (2Y)
Revenue
2,295.56
2,795.96
3,122.93
~16.5%
PAT
108.31
115.17
351.37
~82%
EBITDA
181.05
236.48
258.39
~19%
Net Worth
311.59
424.20
1,017.66
~80%
Total Assets
1,708.76
1,644.18
3,174.54
~34%
Total Borrowing
409.60
405.45
412.84
Flat
📈 Key Performance Indicators
KPI
Value
ROE
34.53%
ROCE
33.27%
PAT Margin
11.25%
EBITDA Margin
8.27%
Debt-to-Equity
0.41
P/E Ratio (Post IPO)
22.52x
Price/Book Value
7.06x
EPS (Pre & Post IPO)
₹32.00 / ₹29.98
🚀 Growth Drivers (2026–2040)
Growth Lever
Impact
Description
Smart Cities & Digital Infra
High
Government push in urban and semi-urban video surveillance
Rural Penetration
Medium
CP Plus expansion in Tier II/III cities
IoT & AI Adoption
High
Intelligent security solutions with real-time analytics
Product Diversification
Medium
New SKUs, cloud integration, AI-based services
Manufacturing Expansion
Medium
Kadapa facility ramp-up and R&D investment
⚠️ Key Risks
Risk
Severity
Notes
Aggressive Valuation
Medium
P/E above 22.5x may cap initial upside
Margin Pressure
Medium
Lower EBITDA margins vs tech peers
Working Capital Intensity
High
Distribution-led model demands robust logistics
Global Competition
Medium
Competes with Hikvision, Dahua, Bosch globally
📊 Investment Outlook Summary
Based on the strong financial performance, dominant market positioning in India, increasing smart surveillance adoption, and expanding product base, Aditya Infotech shows medium-to-high long-term growth potential. Forecasting a compound annual growth rate (CAGR) of 15.65% from the base price of ₹675, here is the share price projection:
📈 Aditya Infotech Share Price Target (2026–2040)
📈 Aditya Infotech Share Price Target (2026–2040)
Year
Predicted Share Price (₹)
Key Assumptions
2026
₹781
Strong debut, rapid market share in Tier II/III India
Cloud-based security management systems gain traction
2031
₹1,613
Kadapa facility output doubles; exports begin
2032
₹1,865
Security SaaS and analytics services added
2033
₹2,155
Acquisition of regional competitors; new verticals
2034
₹2,490
R&D-led diversification into smart traffic & logistics
2035
₹2,875
Dominates Indian security market; CP Plus becomes default consumer brand
2036
₹3,317
Entry into Southeast Asia, strategic global alliances
2037
₹3,825
Surveillance-tech integration in smart home ecosystems
2038
₹4,410
AI cloud platform subscription revenue ramps
2039
₹5,080
Entry into smart policing, defense-grade systems
2040
₹5,855
CP Plus evolves into a global surveillance-tech conglomerate
⚠️ Disclaimer
Disclaimer: These projections are based on certain market assumptions and are intended for informational purposes only. Actual performance may vary significantly, and these predictions should not be considered financial advice.
