Latest news with #PoE
Mint
3 days ago
- Business
- Mint
Aditya Infotech IPO: Dixon was allotted shares at ₹340 apiece. Should you pay double?
Aditya Infotech, India's largest distributor of video surveillance products, is set to raise ₹1,300 crore through its upcoming initial public offering (IPO). The IPO comprises a fresh issue of ₹500 crore and an offer-for-sale of ₹800 crore by the promoters. Following the listing, the promoters' stake will decline to 77% from 93%. Dixon Technologies, an existing investor, will continue to hold a 7% stake, while public shareholders will own the remaining 24%. Aditya Infotech is well known for its in-house CP Plus brand, a well-established Indian brand in the security and surveillance industry. It also serves as the exclusive distributor for Dahua Technology, a global leader in video surveillance systems. The IPO opens on 29 July, with a price band of ₹640– ₹675 per share, valuing the company at ₹7,912 crores at the upper end of the price band. At the heart of the issue lies a move to reduce leverage. Of the fresh issue, ₹375 crore is earmarked for debt repayment, with the rest to be used for general corporate purposes. While the debt reduction improves the optics on financial discipline, the real story may lie elsewhere. In India's still-underrated electronic security and surveillance market, what sets Aditya Infotech apart, and what should investors know as the company makes its public debut? How dominant is CP Plus in Aditya Infotech's portfolio? Aditya Infotech operates in a highly organized surveillance market, where 90% of the industry share is held by formal players. The company leads the pack, with a 21% revenue market share in FY25. It manufactures and sells its CP Plus brand, and exclusively distributes products from China's Dahua Technology. It generates revenue primarily from one-time sales of each product unit. Together, CP Plus and Dahua accounted for 94% of the company's ₹3,112 crore revenue in FY25, with CP Plus contributing 69%, and Dahua (25%). The higher share of CP Plus helps reduce reliance on third-party brands. Aditya Infotech has also begun offering services and solutions to build recurring revenue streams. For instance, CP Plus AI solution, powered by SparkCognition, offers video analytics capabilities on a subscription basis. How diversified is Aditya Infotech's product portfolio? Its product range spans commercial (thermal solutions, interactive displays), consumer (dash cams, Wi-Fi doorbells) and surveillance products, including digital video recorders (DVRs) and Power over Ethernet (PoE). However, its designs and products are not patented, making it vulnerable to imitation and potential loss of competitive edge. Its products are used across banking, healthcare, education, law enforcement, hospitality, smart traffic, industrial and retail sectors. Surveillance products such as CCTV cameras made up 79% of revenue, while the rest 21% came from accessories like routers, cables, and monitors. Is Aditya Infotech's rising inventory a concern? With an annual manufacturing capacity of 17.2 million units, Aditya is the world's third-largest manufacturer of surveillance products. Capacity utilization stood strong at 77%, reflecting steady demand. However, the utilization has increased slightly from 73% in FY23. At the same time, inventory levels in FY25 rose 71% to ₹871 crores compared to FY24, indicating either weaker-than-expected demand or a buildup in anticipation of stronger demand ahead. If demand is weak, high inventory may strain working capital and hurt margins. If strategic, it could aid faster deliveries, but it risks overestimating demand. How exposed is Aditya Infotech to supplier concentration risks? Further, supplier concentration risk remains high, with AIL Dixon (a joint venture between Dixon Technologies and Aditya Infotech) supplying 52% of materials consumed, 85% of which are sourced from outside India. Also, the top five suppliers supply 92% of the raw materials. This exposes it to both supplier concentration and geographic risk. By contrast, the company's localization strategy offers some comfort. About 85% of the CP Plus product line is manufactured in India, with 96% of materials sourced from India. In addition, only 4% of its components are imported, significantly lower than AIL Dixon. How balanced is Aditya Infotech's regional exposure? The company's distribution network is one of its biggest strengths. It sells through over 1,000 distributors and runs 69 exclusive CP Plus Galaxy stores across 550 cities and towns. A dominant 80% of sales come via distributors, while online marketplaces contribute only 2.5%. The business is primarily concentrated in India, with 99.68% of its revenue derived from domestic sales. Its domestic revenue is fairly diversified—North India leads with 39%, followed by the West (26%), South (20%), and East (15%). This reduces reliance on any single region. Is low client concentration a strength or a risk? Client concentration remains low. The top client contributed just 4% of FY25 revenue. The top five contributed 12%, and the top 10 made up 19%—down from 21% in FY23. Most customer relationships are long term, with the top 10 customers having a relationship of over 6 years, including Bright Computers, IR Focus CCTV, Kiran Electro Systems and Wasp Infotech. However, it does not enter into long-term contracts with customers nor does it have any specific agreements. This means that Aditya's order volumes are subject to changes in customer demand, pricing terms or competition. As a result, the company must continuously invest in customer acquisition and channel relationships to maintain its sales momentum. To this end, it is focusing on a service-based model and enterprise customers, to secure and grow customer relationships with large corporates. Could rising warranty claims dent Aditya Infotech's margins? While the company hasn't specified the exact duration of its warranty, it remains liable for claims arising from faulty or defective CP Plus products. In contrast, warranties and post-sales services for Dahua products are handled directly by Dahua. Warranty claims have also increased in line with the rising sales volumes. Product service and warranty expenses grew from ₹9.5 crore (0.42% of revenue) in FY23 to ₹14.8 crore (0.48%) in FY25. While the numbers are not large, a rise in claims could still impact margins and profitability. Also, Aditya Infotech does not have an insurance policy to cover warranty expenses, so any payout exceeding its reserves could affect its financial position. What's holding back Aditya Infotech's net profitability? Aditya Infotech has posted strong revenue growth, with topline rising 36% from ₹2,296 crores in FY23 to ₹3,112 crore in FY25, led by higher volumes across product categories. Profitability also improved at the operating level. Ebitda rose 43% to ₹258 crores, up from ₹181 crores in FY23, as margins expanded by 38 basis points to 8.27%. Even though Aditya Infotech has no listed peer, its margins are modest compared to the 20.7% margin of unlisted competitor Prama Hikvision. At the same time, smaller player Samriddhi Automations operates at a lower 5.4% margin. This places Aditya Infotech somewhere in the middle of the segment. However, the picture looks weaker at the profit after tax (PAT) level. Despite topline growth and better operating performance, adjusted PAT (before exceptional items) fell 10% to ₹103 crores in FY25, from ₹114 crores in FY23, as PAT margins contracted by 168 basis points to 3.3%. This decline was driven by a sharp increase in expenses. Employee benefit expenses doubled to ₹203 crores, while other expenses surged 80%, and depreciation expenses rose nearly four-fold. We have used PAT before exceptional items throughout to exclude the impact of gain of ₹249 crore arising from fair valuation in FY25. The return ratios remained moderate too. Return on equity stands at 10%, while return on capital employed is at 16%. The company also carries some debt on its books. As of May 31, 2025, outstanding debt stood at ₹423 crores, with ₹42 crores paid in finance costs during FY25. However, ₹375 crores from the IPO proceeds will go towards debt repayment, providing a near-term boost to the bottom line in FY26. Is the surveillance boom already baked into Aditya's valuation? Aditya Infotech's numbers are reasonable but not high enough to justify the premium the company is seeking. The IPO implies a price-to-earnings multiple of 77 times, which looks rich given its average return ratios, muted profitability. Notably, the IPO pricing is almost double that of ₹340 per share, the price at which they were allotted to Dixon in September. Even so, Aditya Infotech is well-placed to benefit from the rapid growth in India's video surveillance sector. The sector is expected to grow at 16.5% annually, from ₹106 billion in FY25 to ₹227 billion in FY30. The number of units sold is also expected to double from 40 million to 75 million by that time. But the valuation leaves little margin of safety, even if the growth story holds. For more such analysis, read Profit Pulse. About the author: Madhvendra has over seven years of experience in equity markets and has cleared the NISM-Series-XV: Research Analyst Certification Examination. He specialises in writing detailed research articles on listed Indian companies, sectoral trends, and macroeconomic developments. Disclosure: The writer does not hold the stocks discussed in this article. The purpose of this article is only to share interesting charts, data points, and thought-provoking opinions. It is NOT a recommendation. If you wish to consider an investment, you are strongly advised to consult your advisor. This article is strictly for educational purposes only.
Yahoo
23-07-2025
- Business
- Yahoo
Next-Generation Enterprise Switching: EnGenius Multi-Gigabit Switch Delivers 2.5G Performance with 90W PoE++
COSTA MESA, Calif., July 23, 2025 /PRNewswire/ -- EnGenius Technologies Inc., a leader in enterprise networking solutions, has announced the launch of the ECS2530FP, a powerful L2+ Multi-Gigabit switch designed to meet the demands of modern enterprises. The ECS2530FP delivers advanced performance and flexibility, offering multiple management options—locally, via EnGenius Private Cloud, or through the EnGenius Cloud platform—empowering IT teams with complete control across any deployment scenario. The ECS2530FP delivers unmatched flexibility and power with 24 multi-gigabit 2.5GbE PoE+ & PoE++ ports and 6 dual-speed 10G SFP+ uplinks, offering the bandwidth, speed, and fiber connectivity enterprises need to support high-throughput applications such as Wi-Fi 7 access points, AI surveillance systems, and advanced VoIP deployments. This new switch is engineered with 16×PoE+ (802.3at) and 8×PoE++ (802.3bt) ports, capable of supplying up to 90W per port, ideal for powering the latest high-demand devices. A generous 740W total PoE budget ensures the ECS2530FP can support dense device environments with ease. Manage the ECS2530FP from anywhere using the intuitive EnGenius Cloud platform. Features include device provisioning, bulk firmware updates, real-time monitoring, alert notifications, and AI-driven insights, giving IT admins full visibility and control from a single pane of glass. Key Features & Benefits: Multi-Gig Performance for Enhanced Efficiency Empowers enterprise networks, ECS2530FP supports multi-gig connectivity, delivering high-speed data transfers, lag-free 4K and 8K video streaming, and optimized performance for daily SMB tasks. Whether supporting remote work, video conferencing, or bandwidth-intensive applications, these switches ensure network efficiency and responsiveness. High-Speed Uplinks for Scalable Networks The ECS2530FP features 6×10G SFP+ uplink ports that deliver high-capacity fiber connectivity for seamless data aggregation and uplinks to core switches. With dual-speed support for both 1G and 10G SFP modules, these ports provide the flexibility needed for scalable network designs and ensure future-ready performance as bandwidth demands grow Unleashing Maximum Power with PoE++ Support With 16×PoE+ (802.3at) and 8×PoE++ (802.3bt) ports, the ECS2530FP delivers up to 15.4W, 30W and 90W per port respectively, providing robust power for a wide range of high-demand devices. From Wi-Fi 7 access points and PTZ cameras to video conferencing systems, LED displays, and VoIP phones, this switch eliminates the need for separate power sources—simplifying deployment and supporting even the most power-intensive network environments. Robust Power Budget for Scalable Network Deployments A high total 740W PoE budget allocation supports dense, multi-device environments with power to spare. Ideal for large-scale deployments in enterprise campuses, hotels, retail stores, schools, and smart buildings. Seamless Performance for Data-Intensive Networks Ensures ultra-fast packet forwarding with minimal latency, delivering a reliable and seamless experience across all connected devices—even under high-traffic loads and during peak usage times. "With Wi-Fi 7 and high-performance edge devices becoming the norm, the ECS2530FP addresses the growing need for higher port speeds, robust power delivery, and flexible management options," said Eddie Lee, Product Line Manager at EnGenius. "It's a powerful, all-in-one solution for IT teams looking to deploy scalable, enterprise networks." Availability The ECS2530FP will be available from EnGenius authorized resellers and distribution partners by the end of July. For additional product specifications and purchasing information, visit: ECS2530FP Product Page About EnGenius TechnologiesEnGenius Technologies is a global leader in wireless and networking solutions, providing innovative, high-performance products for businesses and enterprises. With a commitment to simplifying network management and enhancing connectivity, EnGenius delivers reliable solutions tailored to modern networking needs. Media Contact:Emil BachevBacheff CommunicationsPhone: 1 (949)-677-3645Email: 398438@ View original content to download multimedia: SOURCE EnGenius Technologies, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time Business News
23-07-2025
- Automotive
- Time Business News
How PoE Renewable Energy Solutions Support Solar-Powered Charging Stations
Statista projects that, by the end of 2025, the global electric vehicle market will reach $800 billion (US) in value with a projected annual growth rate of 6%. While China remains the world's primary market for electric vehicle (EV) sales, other regions are likely to experience growth as consumers become increasingly concerned about carbon emissions and gain a better understanding of EVs and their benefits. The primary obstacles to widespread acceptance of EV technology are higher purchase prices and a lack of charging stations. While vehicle pricing is up to the manufacturers, charging station infrastructure development requires private and public funding. Urban and suburban areas should strive to provide sufficient volume to sustain a viable business model. Rural spaces, such as the plains of Kansas and Nebraska, may lack the volume to justify private investment, necessitating public funds to ensure a comprehensive US network. Because conventional charging stations draw power from existing utility grids, energy costs and availability may vary. As the American market grows, EVs will demand more energy, which could overload the local grid, especially in areas with aging infrastructure. In less populated regions, drawing power from local grids may be difficult and possibly cost-prohibitive. Combining solar power with Power over Ethernet (PoE) renewable energy technology is an effective way to drive the development of self-powered charging stations nationwide. PoE technology enables the transmission of both electrical power and data over a single Ethernet cable. Sending power and data over one wire eliminates the need for a separate power supply for PoE-enabled devices. The Institute of Electrical and Electronics Engineers (IEEE) Electrical and Electronics Engineers (IEEE) working groups develop standards that ensure compatibility among PoE devices. The following standards have been released: IEEE 802.3af supports up to 15.4 watts of power output. supports up to 15.4 watts of power output. IEEE 802.3at defines power outputs up to 30 watts. defines power outputs up to 30 watts. IEEE 802.3bt Type 3 supports up to 60 watts of power. Type 3 supports up to 60 watts of power. IEEE 802.3bt Type 4 has a maximum power output of 100 watts. The IEEE continues to work on standards to support more power and data. A Renewable Power Managed Ethernet Switch, such as Planet's BSP-360 switch, connects to a renewable energy source, a storage battery, and a charging station. The switch receives DC current, ranging from 24V to 45V, from energy sources such as solar panels. Any energy gathered by these sources can be used to power the managed PoE switch or be stored in a lithium or lead-acid battery. The PoE switch can then power any PoE-enabled device, eliminating the need for an additional power source. By leveraging PoE-enabled renewable energy solutions, Kansas can utilize its, on average, 230 sunny days to great use, powering charging stations across the Great Plains. Commercial EV charging stations typically offer two charging levels: Level 1 adds a range of approximately four to five miles per hour of charging using a 120-volt outlet. adds a range of approximately four to five miles per hour of charging using a 120-volt outlet. Level 2 adds a range of approximately ten to twenty miles per hour of charging using a 240-volt outlet. A third option is available for DC fast charging. It requires a commercial-grade power supply of 480 volts or higher with dedicated circuits. The charging rates at each station determine the power capacity needed from the PoE power source. The IECC's 2024 EV standards outline charging infrastructure specifications, including load and capacity requirements. In addition to power requirements, US charging stations must consider the following standards and regulations: The National Electrical Code outlines design and inspection requirements to ensure compliance with safety standards. Open Charge Point Protocol (OCPP) is a negotiating protocol between EV applications and charging stations. First published in 2009, OCPP's latest release (2.0.1) incorporates changes to simplify transactions. For many implementations, OCPP certification is becoming a requirement. ISO 15118defines a plug-and-charge protocol standard that requires drivers to set up a purchasing profile. When drivers plug the car into a charging station, payment is transmitted using pre-existing profiles. Section 508 of the Rehabilitation Act defines accessibility requirements for users with disabilities. It stipulates the requirements for spacing between charging stations to allow for wheelchair access. Charging stations must provide accessible communication methods through user interfaces and voice activation. Stations must display clear signage to ensure safe ingress and egress. EV standards are continually evolving, and new requirements are being released as the industry matures. In addition to these nationwide requirements, every local jurisdiction has its own set of building and business codes that charging stations must comply with. For example, charging stations in residential areas may be required to construct fences or barriers to prevent headlights from shining into homes. There may be restrictions on the number of parking spaces in specific locations, and construction should also consider size requirements to ensure compliance with Section 508. Building codes may require that only licensed electricians install charging stations and oversee connections to utility grids. There may also be zoning constraints or signage guidelines. Before investing in EV charging stations, check with local authorities to avoid any unexpected obstacles. If local utilities are publicly owned, coordinating deployment will be part of these entities' approval processes. If the electrical company is privately operated, be sure to discuss directly with them to understand how to add charging stations to their grid. The company will want to assess the impact on its existing grid and determine if infrastructure upgrades are needed. Interest in electric cars began in the early 19th century; however, sustained interest by the buying public didn't emerge until the 21st century. As of March 2025, the United States had over 204,600 charging outlets, with 51,200 located in California. According to the US Department of Energy, by 2030, the United States will need 28 million EV charging ports distributed across the country. Most charging stations will be located at single-family homes and workplaces. However, public charging stations will be necessary in areas such as multi-family buildings, hotels, and shopping centers. A network of fast-charging stations will be crucial for long-distance travel. Planet's PoE renewable switch and cellular gateways are designed to facilitate the growth of sustainable charging stations. These products enable the placement of self-powered charging stations where they are needed most. Contact us for more information on PoE solutions. TIME BUSINESS NEWS
The Hindu
06-07-2025
- The Hindu
Two Maharashtra residents held in Mangaluru visa fraud case
Mangaluru police have arrested two residents of Maharashtra for allegedly cheating over 200 job aspirants in the city, to the tune of ₹1.82 crore, by falsely promising them job visas. The police, in a statement, said that the Central Crime Branch sleuths arrested the prime accused, Dishad Abdul Sattar Khan, 45, of Navi Mumbai and Sahukari Kishore Kumar alias Anil Patel, 34, of Dombivli, Thane. The police have already arrested Masiullah Khan, a native of Mumbai, in connection with the cheating case. These arrests were made based on the complaint filed with the Barke police by Avaneesh Shukla, Protector of Emigrants (PoE), Ministry of External Affairs, Bengaluru, on December 31, 2024. Mr. Shukla accused Hireglow Elegant Overseas Private Limited in Bendoorwell, Mangaluru, of conducting interviews for overseas jobs without registering with the Ministry of External Affairs as required. The agency unauthorisedly collected the passports of job aspirants, and operated in violation of provisions of the Emigration Act, Mr. Shukla alleged. The police registered the case under Sections 10 and 24 of the Emigration Act. For failure on the part of the Barke police in taking necessary legal action on the complaint, earlier, former Police Commissioner Anupam Agrawal had placed police inspector G.C. Somashekar and police sub-inspector M.N. Umesh Kumar under suspension.
Techday NZ
23-06-2025
- Business
- Techday NZ
CommScope unveils FiberREACH & CableGuide 360 for smarter edge
CommScope has introduced the FiberREACH solution and the CableGuide 360 platform for its SYSTIMAX portfolio, aimed at advancing network connectivity and cable management capabilities for enterprise clients. The FiberREACH solution, previously known as the Powered Fiber Cable System, is designed to enable rapid and reliable extension of power and connectivity to increased numbers of edge devices and applications. The new CableGuide 360 platform addresses the growing complexity of cable management, offering improved organisation and protection of cables and patch cords for dense, faster deployments. FiberREACH evolves the company's hybrid-fiber cabling, power and chassis solutions, as well as Power over Ethernet (PoE) extenders. It delivers gigabit speeds to the network edge utilising a mix of hybrid cabling technologies. In response to the growing power needs of edge devices, the portfolio now supports up to 90W of power to the edge, keeping pace with demands of both data- and power-intensive deployments. This enables compliance with the latest PoE standards and supports a range of enterprise devices. According to CommScope, the FiberREACH range builds on the existing GigaREACH XL line, incorporating a mix of fibre types and copper gauges to meet diverse customer requirements. The system is designed to support both legacy and future network architectures, with a single power supply panel capable of feeding up to 32 devices at the same time. The platform is engineered for high-density deployments and supports passive and active optical network architectures. Reliability features include full PoE compliance, compatibility with Spanning Tree Protocol (STP) for redundant fibre connections and extended reach, providing up to 90W of power as far as 350 metres away. Customers are also offered a 25-year extended product and application warranty. The CableGuide 360 platform is described by CommScope as a class-leading suite of cable management solutions, aimed at maintaining the integrity of copper and fibre cabling infrastructure. This platform is engineered for ease of installation, enabling faster and denser deployments that address the difficulties associated with ongoing network modifications. It is suited for both vertical and horizontal patching applications and offers flexible options to accommodate a variety of deployment scenarios. Key attributes of CableGuide 360 include enhanced cable protection suited for higher density cabling solutions, with support for faster, simpler installation processes that reduce the need for intensive product training or technical expertise. Its zero-U capacity and space-efficient design are optimised for use with vertical cable managers, and the platform can host multiple 19-inch panels vertically, as well as half-width panels horizontally. CableGuide 360 is available in white, silver and black, with customisable widths and heights to suit individual requirements. "Our customers are looking for trusted, extended-reach solutions and a more reliable cable management platform and we have listened," said Koen ter Linde, SVP and president, Connectivity & Cable Solutions, CommScope. "CommScope continues to enhance the SYSTIMAX 2.0 portfolio to adapt to the growing demands of global enterprise networks. FiberREACH and the CableGuide 360 platform represents a step forward in the cabling, cabling management and connectivity that our customers need to push more power and data to the edge. These solutions build on our unmatched end-to-end expertise and performance warranty offerings—giving our customers one more reason to choose CommScope to extend their networks." The CableGuide 360 platform is scheduled for global availability in late summer, and the enhanced FiberREACH 90W PoE solution is now accessible worldwide, providing enterprise network operators with expanded options to address evolving connectivity and edge power requirements. Follow us on: Share on:
