If you think the CCTV camera market in India is just about catching thieves on grainy footage, think again. Aditya Infotech Limited — the company behind the dominant CP PLUS brand — just dropped its FY2026 results, and the numbers are nothing short of jaw-dropping. Nearly 45.4% market share. Revenue crossing ₹4,200 crore. Profits up over 166%. This is a company that isn’t just growing — it’s reshaping an entire industry.
CP PLUS Numbers That Tell the Story
| Metric | Q4 FY26 | YoY Growth | FY26 Full Year | YoY Growth |
|---|---|---|---|---|
| Revenue | ₹1,422 cr | ▲ 45.5% | ₹4,220.8 cr | ▲ 35.6% |
| EBITDA | ₹258.3 cr | ▲ 162.4% | ₹579 cr | ▲ 124.1% |
| EBITDA Margin | 18.1% | ▲ 808 bps | 13.7% | ▲ 540 bps |
| Adjusted PAT | ₹169.1 cr | ▲ 207.7% | ₹368 cr | ▲ 166.1% |
| Dividend | — | — | ₹1.60/share (160%) | — |
These aren’t incremental gains. Revenue nearly doubling EBITDA growth while simultaneously expanding margins tells you this is a company firing on all cylinders — better products, better pricing power, and leaner operations all at once.
What’s Actually Driving This Growth
The short answer: the shift from basic analog cameras to intelligent IP-based surveillance. IP products now make up nearly 79% of the CP PLUS portfolio in Q4, and about 73% for the full year. Customers across SMEs, private enterprises, and government departments are moving up the value chain fast.
The longer answer involves a regulatory tailwind. India’s STQC certification mandate effectively pushed out cheap, unregulated imports and rewarded compliant, locally-manufactured brands. CP PLUS — already deeply invested in Indian manufacturing — was perfectly positioned to capture that vacuum. Market share climbed to 45.4% in Q3 FY26 alone, per a Frost & Sullivan report.
For a deeper look at how India’s tech manufacturing push is reshaping multiple sectors, check out our analysis of India’s electronics and tech space on Technosports.
Building for the Next Five Years
Aditya Infotech isn’t resting on its numbers. The company is aggressively building out manufacturing capacity and backward integration:
Manufacturing capacity is now at 2.5 million units per month, with the Kadapa facility set to double in the next two years. A new lens assembly line is in trial phase with capacity scalable to 1 million lenses monthly. A Housing & Enclosure Plant is under construction, expected to go live in phases through FY2027. A joint venture with Orient Cables will set up a dedicated LAN and CCTV cable manufacturing facility in Rajasthan spanning 100,000 sq. ft.
The company has also launched two new sub-brands — NEXIVUE (already commercially launched with STQC and BIS certification) and EYRA (targeting mass-market and rural segments, expected in H1 FY2027) — to cover price-sensitive segments previously dominated by unorganized players.
On the global front, Aditya Infotech Taiwan Co. Ltd. was inaugurated as part of its technology R&D expansion.
Brand-building has been equally ambitious: Vijay Sethupathi and Prithviraj Sukumaran as brand ambassadors, title sponsorship of Punjab Kings at IPL 2026, and the company’s largest-ever presence at IFSEC India 2025.
For context on how closed-circuit television technology has evolved from basic security to AI-powered surveillance ecosystems, the shift CP PLUS is riding is a global phenomenon.
FY2027 Guidance: Even Bigger
The company has revised its FY2027 outlook upward — targeting revenue of ₹6,000–6,500 crore, EBITDA margins of 14–15%, and PAT margins of 8.5–9.5%. That’s a potential 42–54% revenue jump in a single year, backed by capacity expansion and deepening market share.
Read more about India’s growing surveillance technology sector in our tech news coverage on Technosports.
