Synopsis: The stock surged after the company secured GeM OEM status for CCTV cameras, enabling direct government sales, improving credibility, and opening new growth opportunities in the public procurement space.
The shares of this micro cap company majorly engaged in supplying of security and surveillance solutions with a wide range of CCTV cameras hit upper circuit after GeM approves as OEM for CCTV cameras
With the market capitalizations of Rs. 604 Crores, the shares of Prizor Viztech Ltd, hit upper circuit of 5 percent to Rs. 565 per share from its previous day closing of Rs. 538.10 per share and is trading at a P/E of of 29.1 where as industry P/E stands at 30.5
What is the News
Prizor Viztech Ltd has been approved as an OEM on the Government e-Marketplace for its CCTV cameras. This means it can now directly sell its products to government departments and public sector units through an official platform. Such approval also shows that the company meets required quality and compliance standards, which builds trust among buyers.
With access to this platform, the company can reach a wider set of institutional customers who usually place bulk orders. This move not only improves its visibility but also creates a steady path for future business. Investors reacted positively because this opens up a new segment for growth and strengthens the company’s position in the market.
About the company and financials
Prizor Viztech Limited is an Ahmedabad-based company founded in 2017, focused on providing security and surveillance solutions. The company mainly deals in CCTV cameras, including network, analog, and advanced surveillance systems, along with video recorders, monitoring software, and related equipment. Over time, it has also expanded into products like smart TVs, monitors, and interactive touch panels, offering a wider range of electronic solutions beyond just security.
The company serves a mix of customers including retail buyers, government departments, educational institutions, and infrastructure projects. It positions itself as a solutions provider by combining hardware with software for complete surveillance setups. With certifications and a focus on product quality, the company is working to grow its presence in both private and public sector markets while building a stronger footprint in India’s electronic surveillance space.
Year on Year analysis: Revenue from operations has increased from Rs. 40 Crores to Rs. 106 Crores, up 165 percent. Operating profit has increased from Rs. 9 Crores to Rs. 24 Crores, up 166 percent and net profit has increased from Rs. 6 Crores to Rs. 15 Crores, up 150 percent
Half yearly analysis: Revenue from operations has increased from Rs. 42 Crores to Rs. 106 Crores, up 152 percent. Operating profit has increased from Rs. 10 Crores to Rs. 24 Crores, up 140 percent and net profit has increased from Rs. 6 Crores to Rs. 15 Crores, up 150 percent
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