| Market Cap | ₹1,825.13 CrRetailing Sector |
|---|---|
| Revenue TTM | ₹2,786.64 CrOperating Revenue |
| 1Yr Return | 91.27%Price Performance |
| RSI | 64.2Standard Momentum |
Key highlights
- PAN-India distributor agreement signed for Drona Aviation educational drone products
- Product range includes Pluto 1.2 DIY kits, Pluto X modular platforms, and Guru nano-drones
- Creative Newtech will utilize its omnichannel network across online and retail sectors
- Company reported TTM net profit of ₹73.64 crore and annual revenue of ₹2,704.62 crore
- Strategic move to deepen presence in AI, IoT, and the emerging drone technology ecosystem
Strategic Distribution Agreement
Creative Newtech Limited has formalized a Distributor Agreement with Drona Aviation Private Limited, securing national distribution rights for its educational drone technology. This partnership enables Creative Newtech to market Drona Aviation's STEM-focused product portfolio through its extensive network of channel partners, online platforms, and large-format retail stores. The collaboration aims to bridge the gap between theoretical learning and practical application by providing students and innovators with building blocks for robotics and programming.
Drona Aviation will support the initiative with technical training and sales materials to ensure seamless integration into Creative Newtech's ecosystem.
Drone-Based STEM Learning Portfolio
- Pluto 1.2 DIY Drone Kit: A build-it-yourself system with 16 hours of learning content and 25 plus programming projects
- Pluto X: A modular drone platform featuring API-based programming in C++ and ROS-compatible image processing
- Guru: A specialized nano-drone designed for beginners featuring block coding and smartphone control
- Wi-Fi connectivity and over-the-air (OTA) functionality for real-time experimentation
- Integration options for external sensors and servo motors to support advanced user applications
Business and Financial Context
The move aligns with Creative Newtech's strategy to diversify into high-growth technology niches such as AI, IoT, and drones. Currently representing over 20 global brands, the company offers a value-added business model covering market research, import, and after-sales servicing. Financially, the company has shown robust growth, reporting a 50.85 percent annual revenue increase and a 52.12 percent jump in net profit for the latest fiscal year.
With a promoter holding of 56.62 percent and a return on equity of 19.33 percent, Creative Newtech is positioning itself to leverage India's digital transformation and the increasing demand for specialized tech distribution.
Management Commentary
What stood out to us about Drona Aviation is the way they have made drone technology practical and approachable for learners. Our strength lies in taking promising technologies to market at scale. With our distribution network, channel relationships and market-development capabilities, we can help Drona Aviation reach educational institutions, corporates, government customers and other relevant segments across India.
“We have been steadily expanding our focus across emerging technology categories such as AI, IoT and drones, and this partnership is a natural step in that direction.”
“Our partnership with Creative Newtech Limited is an important step towards taking this ecosystem to a much wider audience. Their extensive distribution network and strong channel relationships will help us reach educational institutions, resellers, government organisations, corporates and learners across India more effectively.”
| Share price | ₹1215.4 |
|---|---|
| Market capitalisation | ₹1,825.13 Cr |
| Revenue (annual) | ₹2,704.62 Cr |
| Net profit (annual) | ₹70.29 Cr |
| Revenue (latest quarter) | ₹476.07 Cr-35.74% vs previous quarter |
| Net profit (latest quarter) | ₹13.54 Cr-23.91% vs previous quarter |
| P/E (TTM) | 24.78×Sector 70.14× |
| Promoter holding | 56.62%0.00% QoQ |
| FII holding | 0.27%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Creative Newtech Limited announcing a strategic distribution partnership with Drona Aviation for drone-based STEM learning solutions. Market figures from a third-party data provider.
