AI assistant
CREATIVE NEWTECH LIMITED — Interim / Quarterly Report 2025
Feb 4, 2025
62737_rns_2025-02-04_24c17a69-7400-4153-9778-30dac728a9fb.pdf
Interim / Quarterly Report
Open in viewerOpens in your device viewer
==> picture [124 x 88] intentionally omitted <==
Creative Newtech Limited
(Formerly known as Creative Peripherals and Distribution Limited)
CIN - L52392MH2004PLC148754
Date: 04[th] Feb, 2025
To, The Manager Listing Department National Securities Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (East) Mumbai- 400051
Sub: Creative Newtech Limited (formerly known as Creative Peripherals & Distribution Ltd.) announces the un-audited Standalone financial results for Q3 & 9M FY25
Dear Sir,
Please find attached Media Release regarding announcement of un-audited standalone financial results for Q3 & 9M FY25.
Thanking you,
For Creative Newtech Limited
(Formerly known as Creative Peripherals and Distribution Limited)
==> picture [92 x 89] intentionally omitted <==
Digitally signed by TEJAS N DOSHI DN: c=IN, st=Maharashtra, 2.5.4.20=ddb496f3e84e65494c3cb97b240e0562b9d7269b5 3a2d4b0b5e816286558930e, postalCode=401101, street=A501 Shankheshwar Co Op Hsg Ltd 150 Feet Road Padmavati Nagar Bhayander West Thane, pseudonym=1ea83568b262420eb7702571fde118a1, title=7704, serialNumber=ce415067c4d1da3010f3c89b39aa43a941e0d 91cf2a7a4c4981e1ff391dcb933, o=Personal, cn=TEJAS N DOSHI Date: 2025.02.04 18:59:23 +05'30'
TEJAS N DOSHI
==> picture [97 x 36] intentionally omitted <==
Tejas Doshi Chief Compliance Officer and Company Secretary ACS – 30828
Date: 04[th] Feb, 2025 Place: Mumbai
Registered Office: 3[rd] & 4[th] floor, Plot No. 137AB, Kandivali Co-op Industrial Estate Limited, Charkop, Kandivali West, Mumbai 400067 Contact No.: +91 22 50612700 | Email: [email protected] | Website: www.creativenewtech.com
==> picture [124 x 88] intentionally omitted <==
Creative Newtech Limited
(Formerly known as Creative Peripherals and Distribution Limited)
CIN - L52392MH2004PLC148754
Media Release – Standalone
Q3 FY25 Total income stands at Rs. 625.18 Crores – strong contribution from Samsung, ViewSonic, Cooler Master and Honeywell
Q3 FY25 EBIDTA at Rs. 14.91 Crores, YoY growth of 42.41%
Q3 FY25 PAT at Rs. 8.35 Crores, YoY growth of 44.21%
Mumbai, 4[th] February 2025: Creative Newtech Limited (NSE: CREATIVE), market specialists for experiential products in IT, Imaging, Lifestyle, and Security domains with a pan-India presence, announced its un-audited Standalone financial results for the third quarter and nine-month year ended December 31[st] , 2024.
Key Standalone Financials:
| Particulars (Rs. Cr.) | Q3 FY25 | Q3 FY24 | YoY% | 9M FY25 | 9M FY24 | YoY% |
|---|---|---|---|---|---|---|
| Total Income | 625.18 | 495.67 | 26.12% | 1,308.11 | 1,372.33 | (4.68%) |
| EBIDTA (Incl. of Other Income) |
14.91 | 10.47 | 42.41% | 33.33 | 28.45 | 17.16% |
| EBITDA Margin | 2.39% | 2.11% | 28 bps | 2.55% | 2.07% | 48 bps |
| PAT | 8.35 | 5.79 | 44.21% | 19.09 | 15.28 | 24.93% |
| PAT Margin | 1.33% | 1.17% | 16 bps | 1.46% | 1.11% | 35 bps |
Performance Highlights for the quarter ended 31[st] December, 2024:
-
Total Income for the quarter was Rs. 625.18 crore in Q3 FY25, a YoY increase of 26.12%
-
EBITDA stood at Rs. 14.91 crore in Q3 FY25, while EBITDA Margin was 2.11%, visà-vis 2.39% in Q3 FY25
-
PAT was Rs. 8.35 crore in Q3 FY25, YoY increase of 44.21% . PAT Margin stood at 1.33 %, higher by 16 bps
Performance Highlights for the Nine Month ended 31[st] December, 2024:
- Total Income for the half year was Rs. 1,308.11 crore in 9M FY25, a YoY decline of 4.68%
Registered Office: 3[rd] & 4[th] floor, Plot No. 137AB, Kandivali Co-op Industrial Estate Limited, Charkop, Kandivali West, Mumbai 400067 Contact No.: +91 22 50612700 | Email: [email protected] | Website: www.creativenewtech.com
(Formerly known as Creative Peripherals and Distribution Limited)
CIN - L52392MH2004PLC148754
==> picture [124 x 88] intentionally omitted <==
Creative Newtech Limited
-
EBITDA stood at Rs. 33.33 crore in 9M FY25, while EBITDA Margin was 2.07%, visà-vis 2.55% in 9M FY25.
-
PAT was Rs. 19.09 crore in 9M FY25, YoY increase of 24.93% . PAT Margin stood at 1.46 %, higher by 35 bps
Management Comment:
Commenting on performance, Mr. Ketan Patel, Chairman & Managing Director of Creative Newtech Ltd. said:
The Company delivered a strong performance in the third quarter, reflecting its resilience amid evolving market conditions. This achievement reflects our commitment to innovation, client satisfaction, and market adaptability.
In the nine months ended December 2024, our total income was reported at Rs. 1,308.11cr. EBITDA and PAT increased 17.16% and 24.93 % YoY to Rs. 33.33 cr. and Rs.19.09cr., respectively. Growth in margins was driven by operational efficiencies and higher contribution from Honeywell and FMSG brands.
Our Honeywell product suite, now comprising structure cabling, connectivity solutions, air purifiers, and home audio, is doing well. While air purifiers do exceptionally well during the peak season, the Home Audio segment is particularly promising given the rapid growth of India’s audio market, and we are optimistic about establishing a robust presence.
We have strengthened our presence across all major platforms, ensuring easy access for our customers. Our products including air purifiers, home audio systems, and connectivity cables, are widely available on e-commerce giants as well as quick-commerce platforms like Zepto, Swiggy Instamart, and Blinkit. This expansion reflects our commitment to convenience, speed, and seamless product availability in today’s fast-paced market.
As we move ahead, we remain optimistic about the opportunities ahead. I extend my sincere appreciation to our dedicated team, whose relentless efforts continue to drive the Company forward.”
Company Overview
Established in 1992, Creative Newtech Limited (formerly known as Creative Peripherals and Distribution Ltd) is a well-established company in India’s Information and Communication Technology distribution market. Through a robust network of partners and distribution channels, the Company has made a strong foothold in the IT distribution market in the country. The Company has an omni-channel network across all three channels of online, offline and retail trade.
Registered Office: 3[rd] & 4[th] floor, Plot No. 137AB, Kandivali Co-op Industrial Estate Limited, Charkop, Kandivali West, Mumbai 400067 Contact No.: +91 22 50612700 | Email: [email protected] | Website: www.creativenewtech.com
(Formerly known as Creative Peripherals and Distribution Limited)
CIN - L52392MH2004PLC148754
==> picture [124 x 88] intentionally omitted <==
Creative Newtech Limited
Creative specializes in market entry and penetration for global brands. The Company offers demographic intelligence, and enables the formulation and execution of marketing strategies for its clients. In addition to such services, Creative continues to focus on timely delivery, diversification of its product portfolio, sustained long-term relationships with its channel partners, and extending value-added services over and above distribution.
These efforts have enabled the Company to win long running contracts as well as garner accolades in the Industry as amongst the best distributors in India by leading brands. Creative is associated with over 20 renowned brands globally. These brands encompass a wide range of applications and help the Company to cater to a broad array of customers, both in the consumer and industrial businesses. Moreover, the Company is well-positioned to leverage the changing trends in the technology industry and be a part of the paradigm shift towards digitization in India.
Creative Newtech has a unique value-added business model. They provide end-to-end solutions, from market research and competition analysis for brands, to import, distribution, sales and servicing for the brand. Additionally, the Company suggests and executes marketing strategies and recommends viability in specific regions across India for their clients. This is enabled by specialized skill sets, local insights and experience, along with relevant market intelligence. Creative also prepares strategic plans for market entry for foreign brands and their target category.
Furthermore, the Company conducts pre-sales and marketing activities for the success of the brand as well as to enable the channel partners to leverage their expertise and bottom line. Creative works closely with partners across channels including Large Format Retail (LFR), e-commerce and specialized retailers. The Company is one of the few large distributors who conduct specialized training modules, events and promotional activities at the ground level with channel partners. They also conduct workshops and demos for resellers. This is possible due to the dedication and experience of the corporate and sales teams which constantly track latest market developments to build a closer market connect.
The Company’s wide reach and superior logistics capabilities helps it provide end-to-end services including warranty and post-warranty, high-level repair services, and response centres, among others. Such expertise and superior quality of service has led to increased confidence of brands, many of which have chosen Creative as exclusive partners and have been with the Company since over five years. The Company focuses on higher operational efficiencies and adding higher-margin and value-added products to its existing product portfolio and such brand associations are a concrete step in that direction.
Registered Office: 3[rd] & 4[th] floor, Plot No. 137AB, Kandivali Co-op Industrial Estate Limited, Charkop, Kandivali West, Mumbai 400067 Contact No.: +91 22 50612700 | Email: [email protected] | Website: www.creativenewtech.com
CIN - L52392MH2004PLC148754
==> picture [124 x 88] intentionally omitted <==
Creative Newtech Limited
(Formerly known as Creative Peripherals and Distribution Limited)
For more details please visit: www.creativenewtech.com
For further information please contact:
Creative Newtech Limited Mr. Tejas Doshi Chief Compliance Officer & Company Secretary [email protected]
SAAA Consultants Pvt Ltd. Investor Relations Ms. Sejal Dukhande [email protected]
Mr. Abhijit Kanvinde Chief Financial Officer [email protected]
Note: Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like regulatory changes, local political or economic developments, and many other factors that could cause our actual results to differ materially from those contemplated by the relevant forward-looking statements. Further, past performance is not necessarily indicative of future results. Given these risks, uncertainties and other risk factors, viewers are cautioned not to place undue reliance on these forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forwardlooking statements to reflect subsequent events or circumstances.
Registered Office: 3[rd] & 4[th] floor, Plot No. 137AB, Kandivali Co-op Industrial Estate Limited, Charkop, Kandivali West, Mumbai 400067 Contact No.: +91 22 50612700 | Email: [email protected] | Website: www.creativenewtech.com