# Creative Newtech share price today (Creative Newtech Ltd, NSE: CNL) > Creative Newtech share price today: ₹1,184.70 at the NSE close on 3 November 2026, up 70.4% in a year. Creative Newtech (NSE: CNL) is worth ₹1,779 crore, trades at a P/E of 22.1 and has closed between ₹561.25 and ₹1,247.70 over the past 52 weeks. > Creative Newtech Ltd is reporting record margins. CNL · E-Commerce - Platform - Utility · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/creative-newtech-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Growing steadily, from fewer quarters than usual - Price: ₹1,184.70 (+70.4% in a year) - P/E: 22.1× (higher than 53% of the last 7.2 years) - Revenue (Sep 2026): ₹752 Cr (+14.6% on a year ago) - Profit (Sep 2026): ₹26.0 Cr (+36.8% on a year ago) - Operating margin: 5.0% (+1.5 points on a year ago) - ROCE: 19%, FY26 - Profit that came in as cash: −163%, last 3 years The main question: profits are rising, but only −163% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the Creative Newtech share price today? Creative Newtech Ltd's share price was ₹1,184.70 at the close on 3 November 2026. It has been rising for 17 weeks. That is 30.4% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹561 and ₹1,248, and at that close it sat 91% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 28 weeks in a row. Over the last 9.6 years the share price moved +2,673% while the NIFTY 500 moved +173%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Creative Newtech this quarter? Three changes stood out: indian funds and insurers (DIIs) raised their stake for 5 quarters in a row, revenue up on a year earlier for 8 quarters in a row and profit up on a year earlier for 6 quarters in a row. 1. Indian funds and insurers (DIIs) raised their stake for 5 quarters in a row From 1% to 2.2% of the company by the September 2026 quarter. 2. Revenue up on a year earlier for 8 quarters in a row In the September 2026 quarter revenue was ₹752 crore, +14.6% on a year earlier. Why: Revenue rose because more of its sales came from its own brands, especially Honeywell and early WOZOYO products. Next results: check whether BharatNet Q4 billing happens as planned and whether BSNL signs off on quality. From the earnings call on 29 Oct 2026. 3. Profit up on a year earlier for 6 quarters in a row In the September 2026 quarter profit was ₹26 crore, +36.8% on a year earlier. Why: Profit rose because more sales came from its own brands, especially Honeywell and early WOZOYO products, so it kept more from each sale. Next results: check whether WOZOYO sells through and returns stay low after the November sale event. From the earnings call on 29 Oct 2026. ## What are Creative Newtech's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), Creative Newtech reported revenue of ₹752 crore, up 14.6% from ₹656 crore a year earlier, and a profit of ₹26.0 crore, up 36.8% from ₹19.0 crore. ### Creative Newtech results: July to September 2026 against a year earlier | Measure | July to September 2026 | July to September 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹752 crore | ₹656 crore | +14.6% | | Profit | ₹26.0 crore | ₹19.0 crore | +36.8% | | Earnings per share | ₹17.27 | ₹12.62 | +36.8% | | Operating margin | 5.0% | 3.5% | +1.5 points | The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Creative Newtech's management discussed these results on a call held on 29 October 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.) ## What is the Creative Newtech share price history? Creative Newtech closed at ₹1,184.70 on 3 November 2026, up 70.4% from ₹695.15 a year earlier (31 October 2025) and up 222.0% over five years. Its highest weekly close since April 2017 was ₹1,247.70 on 21 August 2026. ### Creative Newtech share price: then and now | When | Close | Change to 3 Nov 2026 | | --- | --- | --- | | 1 week ago · 23 Oct 2026 | ₹1,033.00 | +14.7% | | 1 month ago · 1 Oct 2026 | ₹1,079.20 | +9.8% | | 6 months ago · 30 Apr 2026 | ₹615.60 | +92.4% | | 1 year ago · 31 Oct 2025 | ₹695.15 | +70.4% | | 3 years ago · 3 Nov 2023 | ₹559.25 | +111.8% | | 5 years ago · 4 Nov 2021 | ₹367.90 | +222.0% | | Earliest and lowest weekly close in our records · 13 Apr 2017 | ₹42.73 | +2,672.5% | | Highest weekly close since April 2017, also the 52-week high · 21 Aug 2026 | ₹1,247.70 | −5.0% | | 52-week low (weekly close) · 27 Mar 2026 | ₹561.25 | +111.1% | Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (483 weekly closes from 13 April 2017 to 3 November 2026.) ## What is the latest news on Creative Newtech? 3 Nov 2026: Creative Newtech closed at ₹1,184.70, up 14.7% on the week and up 9.8% on the month. 29 Oct 2026: Creative Newtech held its results call for July to September 2026. Management guided: FY27 revenue growth around 20% year on year, building on H1 trend. ### Earlier - Results for July to September 2026: Revenue up 14.6% and profit up 36.8% on a year earlier. - 23 Sep 2026: ex-date for a dividend of ₹0.50 a share. ## What dividend does Creative Newtech pay? Creative Newtech paid ₹0.50 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.04% at the ₹1,184.70 close on 3 November 2026. The last was a dividend of ₹0.50 a share, ex-date 23 September 2026. ### Creative Newtech dividends since 1 April 2021 | Ex-date | Dividend per share | Type | Record date | | --- | --- | --- | --- | | 23 Sep 2026 | ₹0.50 | Dividend | same day | | 23 Sep 2025 | ₹0.50 | Dividend | same day | | 23 Sep 2024 | ₹0.50 | Dividend | same day | | 18 Sep 2023 | ₹0.50 | Dividend | n/a | | 22 Sep 2022 | ₹0.50 | Dividend | n/a | | 21 Sep 2021 | ₹0.50 | Dividend | 22 Sep 2021 | Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record Yes. Creative Newtech Ltd paid out 1% of its profit as dividends in FY26, and it paid a dividend in 8 of its last 13 reported years. (From the NSE corporate-actions record, read 4 November 2026.) ## What did Creative Newtech management say on the latest results call? On the call for July to September 2026, held on 29 October 2026, Creative Newtech's management guided: FY27 revenue growth around 20% year on year, building on H1 trend. > “If we get an opportunity to acquire a brand, or an opportunity similar to Infinova but on a larger scale, then we will definitely have to raise capital.” > Ketan Patel, on the call for July to September 2026 ### What management guided - FY29 total income about ₹6,000 crore with 40% from brands about ₹2,400 crore. - Gross 40-42% to profit 10-11%; EBIT 18% beyond ₹500-600 crore scale; WOZOYO operating profit 12% at ₹250-300 crore to 18-19% above ₹500 crore. - WOZOYO ₹45-50 crore first year; Honeywell plus WOZOYO ₹475-500 crore this year; WOZOYO ₹100-150 crore next year. - BharatNet ₹150-200 crore January to March 2027 and ₹500-600 crore next year on ₹1,700 crore capital spending plus ₹1,200 crore opex at 6-7% margin. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/29825-29-Oct-2026.pdf). (From the call for July to September 2026, 29 October 2026.) ## What to watch in Creative Newtech's next results? When Creative Newtech reports October to December 2026, these are the 2 checks that show whether the story is still on course. First: BharatNet Q4 billing at guided phasing with BSNL quality sign-off - check connected sites and invoicing. - What to check (from the call) - BharatNet Q4 billing at guided phasing with BSNL quality sign-off - check connected sites and invoicing. - Infinova share transfer and STQC clearance with early sales start - check Pune integration and first revenue. ## Which stock lists is Creative Newtech on? Creative Newtech is on one of our India lists: Momentum stocks. [Momentum stocks Market cap cr: 1728.114378203399](https://www.sectoralpha.in/momentum-stocks-india) ## Is Creative Newtech profitable? Creative Newtech Ltd earned ₹26.0 Cr of net profit in the Sep 2026 quarter, +36.8% on the same quarter a year earlier. That is the 6th quarter in a row of profit growth. Full-year FY26 profit was ₹70.0 Cr. Over 10 years profit has grown 52.9% a year on average. That is 3.5% of the quarter's revenue. The same quarter a year earlier earned ₹19.0 Cr. For the full year, FY26 profit was ₹70.0 Cr (+32.1% on the year before). Why profit moved: revenue changed +14.6% on a year earlier and the margin moved +1.5 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +35.2% and revenue +39.4%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Creative Newtech make, and is it growing? Creative Newtech Ltd reported ₹752 Cr of revenue in the Sep 2026 quarter, +14.6% on the same quarter a year earlier. That is the 8th quarter in a row with growth on the year before. Over 10 years it has grown 29.8% a year on average. The last full year, FY26, came in at ₹2,704 Cr. The last four reported quarters add to ₹2,883 Cr. FY26 revenue was ₹2,704 Cr, +51.7% on the year before. Recent pace: the last four quarters grew +39.4% on average, against 29.8% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +36.4%, against +37.4% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +35.0%, against +22.5% a year (accelerating). ## How much of every ₹100 of sales does Creative Newtech keep? Creative Newtech Ltd's operating margin was 5.0% in the Sep 2026 quarter, 1.5 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 13 years it has been between 2.0% and 3.4%. The latest quarter is above every full year in that period. Why the margin moved: operating margin changed +1.5 percentage points on the year while gross margin changed +3.7 points. So the gain came mostly from the gross margin, which means input costs and prices charged. When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold. ## Is Creative Newtech's profit turning into cash? Over the last 3 years Creative Newtech Ltd's operations used more cash than they brought in, so cash conversion was −163%, a gap worth watching. In FY26 its operations used ₹272 Cr of cash, against ₹70.0 Cr of profit. After ₹4.0 Cr of spending on assets, free cash was −₹276 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why −163% of profit came in as cash: the cash cycle got 19 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page. What to look at next: less of the profit turns into cash than it should, and the cash cycle is 19 days longer. The next section looks at where the cash is stuck. ## Where does Creative Newtech's cash go? Creative Newtech Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 75 days in FY26, up from 56 days in FY21. It spent ₹6.0 Cr on assets over the last 3 years. Customers take 76 days to pay, and stock sits for 25 days on average. At FY26 sales of ₹2,704 Cr, each day of that cycle ties up about ₹7.4 Cr, so roughly ₹556 Cr is tied up in the business at any time. FY26: customers took 76 days to pay and stock sat for 25 days, about 0.8 months of sales sitting as stock, for a full cycle of 75 days, longer than FY21's 56. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 25 days. Customers pay about 76 days after that. Suppliers are paid at 27 days. Together that makes the 75-day cycle. Spending on assets: ₹6.0 Cr over the last 3 years, against ₹4.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building a little beyond replacing what wears out. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet. In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit. ## What is Creative Newtech's P/E ratio, and how does it compare with its own history? Creative Newtech Ltd's P/E is 22.1×, in the middle of its own history: higher than 53% of past readings. Its usual P/E (the middle reading) is 21.6×, over 7.2 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +33.9% while the price moved +70.4%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved +26.4% a year; about +43.0% a year came from earnings growth and about −16.6 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. A quarterly PEG curve, which only the second data source has, is not shown on this page: its two data sources disagree by up to 48% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Is the Creative Newtech business getting better or worse? Creative Newtech Ltd's business is growing steadily. Revenue, profit and EPS growth have stayed positive throughout, and ROCE is steady at 19.0%. This is based on 9 quarters of 4 measures, with some gaps. Why it matters: steady growth with healthy returns is how a business compounds over time. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does Creative Newtech earn on its capital? Creative Newtech Ltd earned a ROCE of 19% in FY26. That is up from a low of 11% in FY15. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 2.6% net margin and 2.89× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 2.6% net margin × 2.89× asset turnover × 2.57× leverage (assets divided by equity) ≈ 19.3% on equity. The margin does its share; borrowing is a big part of it. The quarterly return lines and the return-on-capital-used (ROIC) line, which only the second data source has, are not shown on this page: its two data sources disagree by up to 48% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Does Creative Newtech have too much debt? Creative Newtech Ltd had ₹324 Cr of borrowings against ₹364 Cr of equity in FY26, so its debt is 0.89× its equity. Its operating profit is 4 times its interest bill. Over 5 years borrowings went from ₹43.0 Cr to ₹324 Cr. Over the last 3 of those years it spent ₹6.0 Cr on assets. Part of the spending on assets is being paid for with borrowed money. The total-debt and debt-to-equity series, which only the second data source has, are not shown on this page: its two data sources disagree by up to 48% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## What is the Creative Newtech shareholding pattern? No group of Creative Newtech Ltd's owners changed its stake by a full percentage point over the last two years. Promoters moved +0.5 points over the same period, to 56.6%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: +0.7 points over 8 quarters, to 2.2%; Promoters: +0.5 points over 8 quarters, to 56.6%; Foreign institutions: +0.2 points over 8 quarters, to 0.5%. ## How far is Creative Newtech from balance-sheet trouble? For Creative Newtech Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Creative Newtech rank in its industry? 61.0 out of 100, rank 2 of 13 in E-Commerce - Platform - Utility, with 82% of the evidence available. Creative Newtech Ltd scores 61.0 out of 100 against the 13 companies it is compared with in E-Commerce - Platform - Utility, ranking 2. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 21.6 + 14.2 + 11.2 + 14 = 61. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Creative Newtech compared with? Creative Newtech ranks 2 of 13 E-Commerce - Platform - Utility companies on the 4-Factor Sector Score, with 61.0 out of 100. 1. [MPS Ltd](https://www.sectoralpha.in/stocks/mps-ltd) MPSLTD · losing its lead · Most evidence points up · 81% evidence 66.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.9/35 · Revenue 10% · Profit 19% · Operating margin change 7 points · 88% evidence Capital efficiency 20.9/25 · ROCE 38.7% · Operating margin 34% · 100% evidence Valuation 13.5/20 · P/E 21.7× · PEG 0.61 · 100% evidence Relative strength 11.6/20 · Lead over its industry n/a · Lead over NIFTY 500 18.4% · 1 year 6.8% · 25% evidence · 10 of 12 weeks ahead Exact sum: 20.9 + 20.9 + 13.5 + 11.6 = 66.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. Creative Newtech Ltd this page CNL · leader · Evidence leans up · 82% evidence 61.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.6/35 · Revenue 36.4% · Profit 35% · Operating margin change 1.5 points · 95% evidence Capital efficiency 14.2/25 · ROCE 18.8% · Operating margin 5% · 76% evidence Valuation 11.2/20 · P/E 20.7× · PEG n/a · 50% evidence Relative strength 14.0/20 · Lead over its industry 30.8% · Lead over NIFTY 500 44.1% · 1 year 60% · 100% evidence · 12 of 12 weeks ahead Exact sum: 21.6 + 14.2 + 11.2 + 14 = 61 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Macfos Ltd](https://www.sectoralpha.in/stocks/macfos-ltd) turning · Evidence leans up · 80% evidence 60.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.0/35 · Revenue 28.5% · Profit 40.5% · Operating margin change 0.6 points · 95% evidence Capital efficiency 18.2/25 · ROCE 33.8% · Operating margin 11.7% · 95% evidence Valuation 9.9/20 · P/E 41× · PEG n/a · 15% evidence Relative strength 13.4/20 · Lead over its industry 12.5% · Lead over NIFTY 500 26.2% · 1 year 64.7% · 100% evidence · 3 of 12 weeks ahead Exact sum: 19 + 18.2 + 9.9 + 13.4 = 60.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [MSTC Ltd](https://www.sectoralpha.in/stocks/mstc-ltd) MSTCLTD · quiet · Evidence leans up · 63% evidence 58.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.3/35 · Revenue 21% · Profit -42.9% · Operating margin change 5 points · 83% evidence Capital efficiency 20.1/25 · ROCE 30.3% · Operating margin 61% · 76% evidence Valuation 10.0/20 · P/E 16.1× · PEG n/a · 50% evidence Relative strength 9.3/20 · Lead over its industry n/a · Lead over NIFTY 500 3.9% · 1 year -1% · 25% evidence · 8 of 12 weeks ahead Exact sum: 19.3 + 20.1 + 10 + 9.3 = 58.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Pine Labs Ltd](https://www.sectoralpha.in/stocks/pine-labs-ltd) PINELABS · breaking out · Evidence leans up · 63% evidence 58.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 35.5/43.75 · Revenue 21.1% · Profit 100% · Operating margin change 4 points · 100% evidence Capital efficiency 11.7/31.25 · ROCE 4.2% · Operating margin 16% · 100% evidence Valuation 11.3/25 · P/E 109× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 35.5 + 11.7 + 11.3 = 58.5 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 6. [One 97 Communications Ltd](https://www.sectoralpha.in/stocks/one-97-communications-ltd) PAYTM · leader · Evidence leans up · 68% evidence 54.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.1/35 · Revenue 23.8% · Profit 100% · Operating margin change 3 points · 100% evidence Capital efficiency 6.3/25 · ROCE 5% · Operating margin 10% · 100% evidence Valuation 8.8/20 · P/E 125× · PEG n/a · 15% evidence Relative strength 12.2/20 · Lead over its industry n/a · Lead over NIFTY 500 31.1% · 1 year 25.4% · 25% evidence · 12 of 12 weeks ahead Exact sum: 27.1 + 6.3 + 8.8 + 12.2 = 54.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Indiamart Intermesh Ltd](https://www.sectoralpha.in/stocks/indiamart-intermesh-ltd) INDIAMART · quiet · Evidence leans up · 100% evidence 54.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.8/35 · Revenue 12% · Profit -7% · Operating margin change 4 points · 100% evidence Capital efficiency 19.0/25 · ROCE 28% · Operating margin 34% · 100% evidence Valuation 19.5/20 · P/E 17.8× · PEG 0.68 · 100% evidence Relative strength 0.0/20 · Lead over its industry -30.9% · Lead over NIFTY 500 -22% · 1 year -39.5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 15.8 + 19 + 19.5 + 0 = 54.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [RNFI Services Ltd](https://www.sectoralpha.in/stocks/rnfi-services-ltd) RNFI · breaking out · Too little evidence to rank firmly · 56% evidence 51.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.5/35 · Revenue 6.5% · Profit 34.1% · Operating margin change -0.8 points · 83% evidence Capital efficiency 15.5/25 · ROCE 27.3% · Operating margin 3.9% · 76% evidence Valuation 10.1/20 · P/E 28.2× · PEG n/a · 15% evidence Relative strength 11.0/20 · Lead over its industry n/a · Lead over NIFTY 500 12.1% · 1 year -13% · 25% evidence · 9 of 12 weeks ahead Exact sum: 14.5 + 15.5 + 10.1 + 11 = 51.1 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 9. [TBO Tek Ltd](https://www.sectoralpha.in/stocks/tbo-tek-ltd) TBOTEK · leader · Evidence leans down · 74% evidence 48.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.8/35 · Revenue 69% · Profit 14.2% · Operating margin change 1 points · 88% evidence Capital efficiency 16.7/25 · ROCE 18.3% · Operating margin 15% · 100% evidence Valuation 4.3/20 · P/E 61.8× · PEG 6.18 · 65% evidence Relative strength 10.7/20 · Lead over its industry n/a · Lead over NIFTY 500 9.9% · 1 year 3.3% · 25% evidence · 12 of 12 weeks ahead Exact sum: 16.8 + 16.7 + 4.3 + 10.7 = 48.5 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 10. [Info Edge (India) Ltd](https://www.sectoralpha.in/stocks/info-edge-indialtd) NAUKRI · losing its lead · Evidence leans down · 75% evidence 45.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.2/35 · Revenue 13.2% · Profit 33.5% · Operating margin change 4 points · 95% evidence Capital efficiency 9.8/25 · ROCE 3.5% · Operating margin 39% · 76% evidence Valuation 9.6/20 · P/E 46.6× · PEG n/a · 15% evidence Relative strength 4.5/20 · Lead over its industry -3.7% · Lead over NIFTY 500 7.1% · 1 year -13.7% · 100% evidence · 11 of 12 weeks ahead Exact sum: 21.2 + 9.8 + 9.6 + 4.5 = 45.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [One Mobikwik Systems Ltd](https://www.sectoralpha.in/stocks/one-mobikwik-systems-ltd) MOBIKWIK · breaking out · Too little evidence to rank firmly · 56% evidence 43.0 out of 100 Growth Capital Valuation Relative 12. [Just Dial Ltd](https://www.sectoralpha.in/stocks/just-dial-ltd) JUSTDIAL · quiet · Evidence leans down · 78% evidence 41.8 out of 100 Growth Capital Valuation Relative 13. [Urban Company Ltd](https://www.sectoralpha.in/stocks/urban-company-ltd) URBANCO · breaking out · Too little evidence to rank firmly · 56% evidence 32.4 out of 100 Growth Capital Valuation Relative Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [E-Commerce - Platform - Utility](https://www.sectoralpha.in/sectors/e-commerce-platform-utility), all 13 compared on one page. ## Which companies are close to Creative Newtech in size? Creative Newtech is the 11th largest of 13 E-Commerce - Platform - Utility companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Just Dial, MPS, MSTC and One Mobikwik Systems. Just below it: Macfos and RNFI Services. ### E-Commerce - Platform - Utility companies close in size 1. [Just Dial Ltd](https://www.sectoralpha.in/stocks/just-dial-ltd) ₹5,481 crore 2. [MPS Ltd](https://www.sectoralpha.in/stocks/mps-ltd) ₹3,970 crore 3. [MSTC Ltd](https://www.sectoralpha.in/stocks/mstc-ltd) ₹3,765 crore 4. [One Mobikwik Systems Ltd](https://www.sectoralpha.in/stocks/one-mobikwik-systems-ltd) ₹1,693 crore 5. Creative Newtech Ltd ₹1,670 crore 6. [Macfos Ltd](https://www.sectoralpha.in/stocks/macfos-ltd) ₹1,179 crore 7. [RNFI Services Ltd](https://www.sectoralpha.in/stocks/rnfi-services-ltd) ₹800 crore [All 13 E-Commerce - Platform - Utility companies, largest first](https://www.sectoralpha.in/sectors/e-commerce-platform-utility#all-companies) ### Companies close in size in other industries 1. [AWFIS Space Solutions Ltd](https://www.sectoralpha.in/stocks/awfis-space-solutions-ltd) ₹1,674 crore · Realty - CoWorking 2. [Danish Power Ltd](https://www.sectoralpha.in/stocks/danish-power-ltd) ₹1,673 crore · Capital Goods - Transformers 3. Creative Newtech Ltd ₹1,670 crore 4. [Keltech Energies Ltd](https://www.sectoralpha.in/stocks/keltech-energies-ltd) ₹1,669 crore · Industrial Explosives 5. [TIL Ltd](https://www.sectoralpha.in/stocks/til-ltd) ₹1,667 crore · Capital Goods - EPC/Cranes ## What else do people ask about Creative Newtech? ### What is Creative Newtech's share price today? Creative Newtech Ltd's share price is ₹1,184.70, +70.4% over the past year. The whole company is worth ₹1,779 Cr on the market. In the last 52 weeks it traded between ₹561 to ₹1,248; today it is 91% of the way up from the low, 30.4% above its 200-day average (as of 3 November 2026). ### What were Creative Newtech's latest quarterly results? Creative Newtech Ltd reported revenue of ₹752 Cr and net profit of ₹26.0 Cr for the Sep 2026 quarter. Revenue rose 14.6% and profit rose 36.8% compared with a year earlier. Earnings per share were ₹17.27. The operating margin was 5.0%, 1.5 percentage points higher than a year earlier (as of 3 November 2026). ### What is Creative Newtech's market cap? Creative Newtech Ltd's market capitalisation is ₹1,779 Cr at a share price of ₹1,184.70. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Creative Newtech performing? Creative Newtech Ltd's share price has been rising for 17 weeks. In its latest quarter, revenue rose 14.6% and profit rose 36.8% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 28 weeks running (as of 3 November 2026). ### Will Creative Newtech's share price go up? This page does not forecast Creative Newtech Ltd's share price. What it shows instead: the share price is ₹1,184.70, and it has been rising for 17 weeks. Its P/E of 22.1× is higher than 53% of its own last 7 years (as of 3 November 2026). ### Who owns Creative Newtech? Promoters own 56.6% of Creative Newtech Ltd, foreign institutions 0.5%, domestic institutions 2.2% and the public 40.7% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 3 November 2026). ### Where is Creative Newtech in its business cycle? Creative Newtech Ltd's FY26 operating margin was 3.4%, against a 13-year range of 2.0% to 3.4%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 5.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Creative Newtech story? The main question: profits are rising, but only −163% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Creative Newtech a stock worth studying right now? What the numbers show: Creative Newtech Ltd is reporting record margins. The main open question: whether the cash starts to follow the profit. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Creative Newtech share price forecast for 2026? What management itself guided: FY27 revenue growth around 20% year on year, building on H1 trend. ## Lists - Momentum stocks: https://www.sectoralpha.in/momentum-stocks-india This is research, not advice. We’re not SEBI-registered.