Creative Newtech Limited (NSE:CNL) disclosed on 4 August 2026 that its board approved unaudited standalone and consolidated financial results for Q1 FY27 ended 30 June 2026, reporting standalone revenue from operations of Rs 44,751.18 lacs and a standalone net profit of Rs 900.67 lacs for the quarter.
Key Highlights
- Standalone revenue from operations for Q1 FY27 rose to Rs 44,751.18 lacs, compared with Rs 35,271.92 lacs in Q1 FY26, reflecting year-on-year growth.
- Standalone profit after tax for Q1 FY27 stood at Rs 900.67 lacs, up from Rs 530.95 lacs in the corresponding quarter of the prior year.
- The board approved the CREATIVE ESOP Scheme 2026, covering a grant of up to 2,00,000 stock options to eligible employees, subject to shareholder approval at the forthcoming AGM.
- The 22nd AGM is scheduled for 30 September 2026 via video conferencing, with 23 September 2026 set as the record date for the proposed final dividend for FY26, subject to shareholder approval.
About the Company
Creative Newtech Limited (NSE:CNL), formerly Creative Peripherals and Distribution Ltd., is a Mumbai-headquartered technology products distribution company listed on the NSE. The company distributes IT peripherals, consumer electronics, and related products, operating across India and international markets. It holds an ISO 9001:2015 certification and is registered under CIN L52392MH2004PLC148754.
Announcement in Detail
At the board meeting held on 4 August 2026, from 11:30 AM to 1:00 PM IST, Creative Newtech Limited (NSE:CNL) approved unaudited standalone and consolidated financial results for the first quarter ended 30 June 2026, along with a limited review report from auditors Gupta Raj and Co., Chartered Accountants. Standalone basic and diluted earnings per share for Q1 FY27 were Rs 6.00, compared with Rs 3.54 in Q1 FY26.
The board also approved the CREATIVE ESOP Scheme 2026 for a grant of up to 2,00,000 options to eligible employees of the company and its subsidiary, associate, or group companies, in India or outside India. The scheme will be administered by the Nomination and Remuneration Committee and implemented via fresh allotment, subject to shareholder approval at the 22nd AGM on 30 September 2026.
Impact on Investors
Investors will note that standalone profit after tax more than doubled year-on-year, from Rs 530.95 lacs in Q1 FY26 to Rs 900.67 lacs in Q1 FY27, while standalone revenue from operations grew by approximately 26.9% over the same period. The filing shows that finance costs also increased, from Rs 295.81 lacs in Q1 FY26 to Rs 747.70 lacs in Q1 FY27, a factor shareholders will observe when assessing the company's cost structure.
The disclosed ESOP scheme involves a grant of up to 2,00,000 fresh equity shares upon exercise, which shareholders will note carries a potential dilutive effect on existing equity. The proposed final dividend for FY26, the quantum of which is not stated in this filing, remains subject to shareholder approval at the AGM on 30 September 2026.
Sector / Market Context
India's IT products and peripherals distribution sector continues to benefit from steady enterprise and retail demand for hardware and consumer electronics. According to industry estimates cited by trade bodies such as MAIT (Manufacturers' Association for Information Technology), India's personal computing and peripherals market has seen consistent volume growth over recent years, supported by digital adoption across small and medium enterprises and an expanding consumer base in tier-2 and tier-3 cities.