CNL NSE filing

Creative Newtech Q2 FY27 Call: BharatNet Order, WOZOYO Launch, Infinova Acquisition

The RealCase readHigh impact Positive

Creative Newtech reported strong H1 FY27 results with total income of ₹1,231.65 crore and EBITDA growth of 55.78%. The company received a ₹3,194.83 crore order from BSNL for the BharatNet project and launched its consumer brand WOZOYO, which generated ₹20 crore in sales in the US. The acquisition of Infinova India is expected by November 15, 2026. Project revenue is estimated at ₹100-150 crore this fiscal year.

Why it matters

The large BSNL order, the strategic acquisition of Infinova, and the launch of a new consumer brand are significant developments that are expected to have a substantial impact on the company's future revenue and market position.

The market read

The company reported strong financial growth, secured a large order, launched a new brand with initial success, and is progressing with a key acquisition, all indicating positive business momentum.

Creative Newtech Limited held its Q2 FY27 Earnings Conference Call on October 29, 2026, discussing its performance and future strategies.

During the first half of FY27, the company received an advance work order from BSNL for the BharatNet Middle Mile Network Project in Odisha, valued at approximately ₹3,194.83 crore. This project is seen as a significant step in strengthening India's digital connectivity infrastructure.

The company is also focusing on surveillance and intelligence security infrastructure, with the proposed acquisition of Infinova India Private Limited aimed at building a 'Make in India' surveillance and technology platform. Additionally, partnerships with Ravel Electronics, Drona Aviation, and Jupiter Electric Mobility are strengthening its portfolio in fire safety, life safety, and drone technology.

A major strategic development was the launch of WOZOYO, a global consumer technology brand, through its Hong Kong subsidiary, Secure Connection Limited. The brand has already achieved sales of approximately $2.2 million (around ₹20 crore) in the first three months of its launch in the US. The company plans to launch air purifiers in India for the WOZOYO brand during Diwali and has set a modest target of ₹45-50 crore for WOZOYO in India.

Financially, for the second quarter of FY27, Creative Newtech reported revenue from operations of ₹752.14 crore and total income of ₹754.8 crore, a year-on-year growth of 14.43%. EBITDA for the quarter stood at ₹40.11 crore, with a strong year-on-year growth of 50.70%, and EBITDA margin improved to 5.31%. Profit After Tax (PAT) for the quarter was ₹25.94 crore, a year-on-year growth of 36.88%.

For the first half of FY27, revenue from operations was ₹1,228.21 crore and total income was ₹1,231.65 crore, a year-on-year growth of 16.55%. EBITDA grew by 55.78% to ₹65.01 crore, with margins improving to 5.28%. PAT reached ₹39.47 crore, a growth of 35.49%. Operating cash flow for the half-year stood at ₹351.24 crore, and net working capital days improved significantly to 45 days from 75 days in FY26.

The acquisition of Infinova India is expected to be completed before November 15, 2026, and the company anticipates seeing its sales reflected in their financials within three months post-acquisition, likely by January-February 2027. The BSNL BharatNet project revenue is projected to be around ₹100-150 crore in the current financial year and ₹500 crore in the next financial year, with an expected net profit of 6-7% on the billed value.

Filing to action

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Creative Newtech Limited filed this with the NSE as a statutory disclosure, categorised under other company updates. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Creative Newtech Limited. Read the original for the full detail.

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