Aditya Infotech block deal: Dixon Tech offloads shares worth Rs 582 crore; Motilal Oswal MF, Kotak MF buyers

Dixon Technologies (India) on Wednesday offloaded 14,04,962 shares of Aditya Infotech worth approximately Rs 581.65 crore through block deals on the NSE. Motilal Oswal Mutual Fund and Kotak Mahindra Mutual Fund emerged as buyers, acquiring the shares at Rs 4,140 apiece.

According to NSE block deal data, Motilal Oswal Mutual Fund purchased 8,42,977 shares, while Kotak Mahindra Mutual Fund bought 5,61,985 shares.

Dixon Technologies held 28,09,925 shares, representing a 2.29% stake in Aditya Infotech, as of September 30, 2026, according to its exchange filing. Following the transaction, its holding would decline to 14,04,963 shares, or approximately 1.14%, assuming no other changes in its shareholding.

Aditya Infotech Q2 results

The block deal comes after Aditya Infotech reported a strong performance for the September quarter of FY27, with profit after tax (PAT) before exceptional items rising 214.2% year-on-year to Rs 219.9 crore.

Revenue increased 89.9% YoY to Rs 1,746 crore, driven by strong traction for its CP PLUS brand. EBITDA surged 176.7% to Rs 307.4 crore, while the EBITDA margin improved 552 basis points to 17.6%.

Gross margin stood at 30%, up 24 basis points year-on-year. IP products accounted for around 79% of the CP PLUS portfolio, compared with approximately 71% in Q2 FY26.

The company attributed the strong profitability growth to a 14% year-on-year reduction in finance costs, improved operational efficiencies and a favourable product and brand mix.

Aditya Infotech's AI expansion

Earlier in November, Aditya Infotech announced that its board had approved an investment of Rs 45.4 crore in KGraph AI Solutions Private Limited (BLUE), an AI-powered video compression technology company, for a 30% stake on a fully diluted basis.

The investment will involve a combination of fresh equity infusion and purchase of shares from existing shareholders. It implies a post-money valuation of approximately Rs 151 crore.

The transaction is aimed at strengthening the technology capabilities behind CP PLUS products and advancing next-generation surveillance solutions. It marks another step in the company's CP PLUS 2.0 strategy to evolve from a hardware-led surveillance business into an integrated security solutions provider.

BLUE's technology focuses on managing increasing volumes of video data efficiently while preserving essential visual information. The transaction was expected to be completed by November 5, 2026, subject to customary closing conditions.

Aditya Infotech share price

Shares of Aditya Infotech settled at Rs 4,212.80 apiece on Wednesday, down 0.29% from the previous close of Rs 4,224.90 on the NSE.

The stock has gained approximately 177% so far in 2026, according to NSE data. It has a 52-week range of Rs 1,348.30 to Rs 4,620.

The company commanded a market capitalisation of approximately Rs 51,680 crore as of November 11, 2026.

Disclosure: This article has been written by Kumar Gaurav, who is not a Sebi-registered Research Analyst or an Investment Adviser. Gaurav and their ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective Sebi-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here