# CP PLUS Just Proved India’s Surveillance Boom is Real — And It’s Only Getting Started

URL: https://technosports.co.in/cp-plus-just-proved-indias-surveillance-boom/  
Published: 2026-05-28  
Updated: 2026-05-28  
Author: Reetam Bodhak

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.

![CP PLUS](https://technosports.co.in/wp-content/uploads/2026/05/cpcppccl.webp)

## **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](https://technosports.co.in/category/technology/).

## **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](https://en.wikipedia.org/wiki/Closed-circuit_television) 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](https://technosports.co.in/category/technology/).

## **FAQs**

### **Q: What is CP PLUS and who makes it?**

 CP PLUS is India’s leading video surveillance brand, made by Aditya Infotech Limited (NSE: CPPLUS), which holds approximately 45.4% of India’s video surveillance market as of Q3 FY26.

### **Q: What is Aditya Infotech’s revenue target for FY2027?**

 The company has guided for FY2027 revenue in the range of ₹6,000–6,500 crore, with EBITDA margins of 14–15% and PAT margins of 8.5–9.5%.