Aditya Infotech Set to Gain Market Share

Aditya Infotech is likely to continue gaining market share due to increased brand equity, manufacturing expansion, and favorable regulatory norms. This insight emerged from a recent management meet, where the company outlined its strategies for growth.

Key Takeaways from the Management Meet

• Launched two new brands, Eyra and Nexivue, to capture market share at the lower end of the market.
• Focusing on brand building by increasing advertising spend and launching galaxy stores.
• Revenue share from IP cameras is rising and expected to increase to over 90% in the next 3-4 years.
• Smaller competitors are likely to remain in investment mode for the next 2-3 years, providing Aditya Infotech with an opportunity to sustain its market share.
• Partnership with Qualcomm for video security solutions is a long-term strategic growth driver.

Investment Recommendation

Based on these findings, the recommendation is to maintain a BUY position with a target price of INR 1,800, implying a target P/E of 46x FY28E EPS.

Disclaimer

Remember, this is a perspective based on research and analysis. It's essential to do your own research and consult with certified experts before making any investment decisions.