Archive · 8 Dec 2025
Aditya Infotech Initiated with Buy Rating
Aditya Infotech, also known as CP PLUS, is a company that makes CCTV cameras.
A recent report says it's a good time to invest in this company because it's becoming a leader in India's video surveillance market.
The company is making more cameras and selling them to more people.
The Indian government is also making rules that require CCTV cameras in schools and public places, which means more people will need to buy them.
The report says the company's revenue and profits will grow a lot in the next few years.
However, there are some risks, like new technology and more competition.
Aditya Infotech initiated with a Buy rating due to its strengthening leadership in India’s video surveillance market.
The company's market share has increased from 21% in FY25 to 31% in H1-FY26, with a projection to reach 40% by FY28E.
Government mandates for CCTV installations in schools and public infrastructure support long-term revenue visibility.
Aditya Infotech's manufacturing capacity is expected to rise from 1.8 million units/month to 2 million units/month by Q4-FY26.
Projected revenue and PAT CAGRs of 24.3% and 65.2% respectively over FY25–28.
- Who
- Aditya Infotech (CP PLUS)
- What
- Initiation of coverage with a Buy rating
- When
- December 8, 2025
- Where
- India
- Why
- Strengthening leadership in India’s video surveillance market, supported by rising IP-camera adoption and government mandates for CCTV installations
- Current Market Price (CMP)
- ₹1,498.30
- Target Price
- ₹1,800
- Current Market Share
- 31% (H1-FY26)
- Projected Market Share (FY28E)
- 40%
- Current Manufacturing Capacity
- 1.8 million units/month
- Projected Manufacturing Capacity (Q4-FY26)
- 2 million units/month
- Projected Revenue CAGR (FY25–28)
- 24.3%
- Projected PAT CAGR (FY25–28)
- 65.2%