During Tuesday’s trading session, the shares of a supplier of security and surveillance solutions hit a 10 percent upper circuit on NSE, after the company announced the inauguration of a new CCTV camera manufacturing facility with 50 lakh units annual capacity.
With a market cap of Rs. 183.6 crores, the shares of Prizor Viztech Limited opened in the green and hit a 10 percent upper circuit at Rs. 171.7, as compared to its previous closing price of Rs. 156.1. The stock hit its 52-week high at Rs. 229.45 on 30th July 2024, and compared to its current price level, the stock is trading at a discount of nearly 69 percent.
What’s the News
According to the latest regulatory filings with the NSE, Prizor Viztech Limited has inaugurated its first integrated manufacturing facility in Gandhinagar, Gujarat. With a total annual installed capacity of 50 lakh CCTV cameras—equivalent to 4.16 lakh units per month and 16,000 units per day—the launch represents a significant strategic shift towards a full-scale manufacturing enterprise.
This facility is equipped with advanced technologies, including SMT Line Machines for in-house PCB circuit production, Housing Mold Machines for plastic dome & bullet camera bodies, and Laser Machines for precision brand engraving. These capabilities position Prizor Viztech as a vertically integrated manufacturer in India’s surveillance ecosystem.
Additionally, the facility features a dedicated server room for P2P cloud setup and data storage infrastructure for its IP cameras and NVR systems, offering comprehensive backend support for connected security solutions.
Financial Performance
Prizor Viztech reported a significant growth in its revenue from operations, showing a year-on-year rise of around 417 percent from Rs. 6 crores in H1 FY24 to Rs. 31 crores in H1 FY25. Similarly, its net profit increased during the same period from Rs. 0.91 crores to Rs. 4.3 crores, representing a growth of around 372 percent YoY.
About the Company
Prizor Viztech Limited specialises in security and surveillance solutions, offering a wide range of CCTV cameras tailored to diverse sectors, including retail, banking and finance, transportation, education, commercial and government, infrastructure and more.
In 2022, the company diversified its product portfolio by introducing a range of LED televisions, monitors, and touch panels, available in various sizes and features, manufactured by third parties and marketed under its own brand.
Written by Shivani Singh
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