Creative Newtech Limited Share Price and Company Fundamentals



Price
₹503.65
Change
-10.900 (-2.118%)
52 week
364.1 - 764.0

Last traded: Today at 9:59 AM

Creative Newtech Limited distributes information technology (IT)/gaming, imaging, lifestyle, and security products in India and internationally. It offers printers, storage devices and cartridges, as well as PC components, such as monitors, hard disks, CD writers, and CD ROMS; cameras, tripods, and other imaging products and accessories; TVs, headphones, projectors, grooming products, other lifestyle products, and IT accessories; a rage of audio products and air purifiers; and medical products, including thermal scanners, pulse oximeters, thermometers, and masks. The company provides its products through sub distributors, channel partners, e-commerce channels, large format retails, and system integrators. The company was formerly known as Creative Peripherals and Distribution Limited and changed its name to Creative Newtech Limited in August 2021. Creative Newtech Limited was founded in 1992 and is based in Mumbai, India.

Key Metrics

PE ratio

35.56

PB ratio

7.55

Dividend yield

0.00%

Beta

0.96

Market cap

-

Enterprise value

-

Company profile

Industry / Sector Electronics & Computer Distribution / Technology
Full time employees 300
Website https://www.creativenewtech.com
Mailing address Plot No. 137AB 3rd and 4th Floor Kandivali Co Op Industrial Estate Ltd. Charkop, Kandivali West Mumbai 400067 India
Phone / Fax 91 22 5061 2700 /

Dividends

Dividend yield

0.00%

Dividend amount

₹0.00

Payout ratio

3.43%

Creative Newtech Limited paid ₹0.00 dividend and the ex-dividend date was 22 Sept 2022.The dividend payout ratio is 3.43%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.CREATIVE dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

CREATIVE's forward dividend amount is ₹0.5 and the forward dividend yield is 0.10%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Dec 2022, following are the company executives and directors listed on Creative Newtech Limited.

Name Title Age Total Pay
Mr. Ketan Chhaganlal Patel Founder, Chairman & MD 51 5.31M
Mr. Abhijit Divakar Kanvinde Chief Financial Officer 3.01M
Mr. Tejas Doshi Company Sec. & Compliance Officer 33 1.6M
Mr. Vijay Kimatrai Advani Whole-time Director 57 4.13M
Mr. Upendra Singh VP of Sales

Profitability and management effectiveness

Profit margin

1.96%

Operating margin

3.53%

Return on assets

10.20%

Return on equity

27.58%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Creative Newtech Limited is and its enterprise value is .

The CREATIVE's stocks Beta value is 0.96 making it 4% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Creative Newtech Limited (NSE:CREATIVE) Frequently Asked Questions

1. What is Creative Newtech Limited's Stock Symbol?

Creative Newtech Limited trades on NSE under the ticker symbol "CREATIVE".

2. What is Creative Newtech Limited's stock price today?

One share of CREATIVE stock can currently be purchased for approximately ₹503.65.

3. How can I contact Creative Newtech Limited?

Creative Newtech Limited's mailing address is Plot No. 137AB 3rd and 4th Floor Kandivali Co Op Industrial Estate Ltd. Charkop, Kandivali West Mumbai 400067 India. The company can be reached via phone at 91 22 5061 2700.

4. What is Creative Newtech Limited's official website?

The official website of Creative Newtech Limited is https://www.creativenewtech.com.