Investor presentationApr 2026
Apr 2026 · PPT
Source: Nse
Prizor Viztech Ltd. (PRIZOR)
SME CapIT stocks · SME cap · NSE
Prizor Viztech Ltd. manufactures security and surveillance solutions (IP, analog, AI cameras) and diversified into LED TVs, monitors, and touch panel displays. It holds BIS-ER certification and operates a pan-India distribution network with 11,000+ dealers, focusing on indigenous 'Make in India' products.
Data qualityVerify one data layerQuote updated 21 Oct, 05:57 pm ISTPost-result recalculation pendingDetails
Quote21 Oct, 05:57 pm IST
Base fundamentals20 Oct 2026 · screener
Latest result02 Jun, 08:31 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · IT P/E 21.4 (n=204)
Technical timing lens
Trend score and candlestick chart
75BullishSMA20 +8.6% / mo · MACD − · sector +19.3pp vs Nifty 500 (3M)
Stock trend: 59
Sector RS: 100
Sector 3M: +13.7% vs Nifty 500 -5.6%
IT FPI tailwindBuilding
Latest FPI flow is positive, but a second consecutive positive fortnight is still required. View sector evidence
Technical chart
PRIZORD candles · FIT view+74.0%Latest close ₹1083.70 on 2026-10-21
Bar
-14.7%
RSI
38
MACD hist
-20.42
52W pos
70%
2026-10-21O ₹1270.00H ₹1270.00L ₹1070.10C ₹1083.70Vol 72,000 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
PRIZORNifty ITNifty 500
- PRIZOR
- +30.9%
- Nifty 500
- -6.5%
- Nifty IT
- +12.0%
- Vs Nifty 500
- +37.3 pp
Chart stats
21 Oct 2026- From 52W high
- -25.3%
- 52W range position
- 70%
- ATR (14)
- 6.3%
- Volume vs 20D
- 4.47x
- Avg traded value
- ₹2.4 Cr
- 20D price channel
- ₹1,064.2 - ₹1,451.3
₹1,451.3
₹216.7 - ₹1,451.3
₹68.8
Latest completed session
20-session average
77.8% annualized volatility
Research snapshot
What the evidence says now
Mixed fundamentals, while price trend supports entry. This looks more like momentum/speculation than a clean fundamental investment setup.
Weak U-Score but strong trend: momentum may be ahead of fundamentals.
Suggested next step
Momentum only
Trend is strong but fundamentals do not support a clean investment thesis.
U-Score
Legacy · FAIR VALUE49
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent95
Revenue +253.3% · PAT +200.0% YoY
Technical
Bullish75
Price trend and sector-relative-strength timing.
Valuation
Legacy model-74.0%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence69
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 31 Mar 2026
Excellent · 95/100Rev +253% YoY · PAT +200% YoY · margin expansion · +152% QoQ
Filed 31 Mar 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹106 Cr | +253.3% | +152.4% |
| EBITDA | ₹24 Cr | NDF | +140.0% |
| Operating margin | 22.0% | NDF | -100 bps |
| PAT | ₹15 Cr | +200.0% | +150.0% |
| PAT margin | 14.2% | NDF | -14 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 65.90
- P/B
- 18.59
- EV/EBITDA
- 39.53
- Market Cap
- 1381.00Cr
Profitability
- ROE
- 35.80%
- ROCE
- 38.70%
- ROA
- 14.89%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 106.16%
- EPS 5Y
- 87.08%
- Revenue 3Y
- 41.00%
- EPS 3Y
- 41.00%
Balance Sheet
- Debt/Equity
- 0.57
- Interest Coverage
- 8.50×
- Altman Z
- 8.70
- Book Value
- 68.80
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 0/5
- OCF
- —
- EPS TTM
- 19.40
Shareholding
- Promoter Hold
- 67.93%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 86%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 106+152.4% vs prev
Net Profit
₹ CrLatest: 15.0+150.0% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term uptrend intact. RSI 38. Wait for confirmation.
- Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
- SMA20 rising (~7.9% over last month) — short-term momentum positive.
- RSI(14) at 38 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 25% off 52W high · 400% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
98
RS percentile
Stage 2 UptrendEstablished S2
1M return
-0.1%
3M return
+30.9%
6M return
+91.8%
1Y return
+214.0%
RS 1D
0
RS 20D
0
Sector rank
#7
Industry rank
#37
Stage evidence
- Price is 28.7% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +16.1%.
- Both 3-month and 6-month returns are positive.
50-DMA
price below
200-DMA
price above
S2 entered
12 Mar 2026
S2 age
157 trading sessions
Sector
improving
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
262 observations
21 Oct 2026Value 377.65-14.48%
RS vs Nifty 500378
Valuation & peers
U-Score 49 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Valuation & peers
U-Score 49 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Premium Compounder
Fundamental score breakdown
U band · FAIR VALUEValuation0/30
Growth18/25
Quality20/20
Balance Sheet9/15
Cash Flow0/10
Piotroski
6/9 (+3)
Penalties
-1
Raw sum
49
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
49/100 · legacy band FAIR VALUE
Positive drivers
- Quality contributes 20/20 to the score.
- Growth contributes 18/25 to the score.
- Balance sheet contributes 9/15 to the score.
Main drags
- Penalty bucket subtracts 1 points.
- Fair-value margin of safety is negative at -74.0%.
- Valuation is weaker at 0/30; verify the latest quarterly trend.
Sector valuation model
IT valuation: PE and EV/EBITDA against growth and margins
Asset-light IT companies deserve valuation support only when growth, margins, and cash conversion hold up.
Primary lens
PE and EV/EBITDA relative to revenue growth, margins, and cash conversion.
Secondary checks
Deal pipeline, attrition, dollar revenue growth, FCF yield.
Main risk check
Low PE can reflect weak growth or margin pressure.
PE
65.9
PB
18.6
EV/EBITDA
39.5
ROE
35.8%
ROCE
38.7%
FCF Yield
—
Debt/Equity
0.6
MoS
-74.0%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
49
Previous: 49
Legacy U-Score band
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
-74.0%
Previous: -105.4%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
49
49
49
49
49
49
49
49
49
49
49
49
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹173.3
-525.3% MoS
Growth-justified P/E
32.1
Growth-justified Value
₹622.74
-74.0% MoS
PEG
0.96
Comparable companies
Peers
Business-comparable peers in IT — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
SAHANA
SME
Sahana System Ltd.
IT Services / Digital
match 155
65
13.9
31.7%
+53%
UNDERVALUED
ZTECH
SME
Z-Tech (India) Ltd.
IT Services / Digital
match 155
44
34.7
20.9%
+3%
WATCHLIST
TAALTECH
Small
Taal Tech Limited
IT Services / Digital
match 153
42
23.3
18.3%
-93%
WATCHLIST
NINSYS
Small
NINtec Systems Limited
IT Services / Digital
match 152
54
46.6
40.6%
-51%
FAIR VALUE
IVALUE
Small
Ivalue Infosolutions Limited
IT Services / Digital
match 152
64
11.7
19.8%
+64%
UNDERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Where growth can come from, and what can break the case
Thesis intactReviewed 2026-08-21T11:41:21.346Z
Management commentary snapshot
Prizor Viztech reported robust FY26 performance with revenue up 108.1% YoY to Rs. 14,794.1 Lacs, EBITDA up 121.0% to Rs. 3,321.9 Lacs, and PAT up 104.5% to Rs. 2,075.8 Lacs. H2 FY26 saw even stronger growth, driven by regulatory shifts favoring domestic players.
The company delivered exceptional growth in FY26, significantly outperforming prior periods, driven by a structural shift in the Indian surveillance market favoring BIS-ER certified domestic players. Strategic backward integration and AI product development position it well for continued expansion.
Growth engines
AI-enabled Advanced Cameras
Developing AI-enabled advanced camera range (face recognition, ANPR, behavior analysis) moving up the value chain with PRIZOR PLUS AI series.
Pan-India Distribution Network
11,000+ dealers across 21 states, serving 3000+ tehsils, enabling deep last-mile reach and recurring camera demand.
Backward Integration & SoC Development
Building fully backward-integrated manufacturing, including SMT line, and MoU with IndieSemic for ISC-S2-PZ SoC chip.
Regulatory Tailwinds & 'Make in India'
STQC enforcement and 'Make in India' push create sustained, policy-backed demand for certified Indian surveillance brands.
Capacity and execution
CCTV Camera Assembly Capacity
Current capacity of 16 lakh units per annum (2 lines), expandable up to 40 lakh units per annum with low incremental capex.
SMT Line Capacity
50 lakh PCB units per annum, enabling complete in-house electronics manufacturing.
Integrated Manufacturing Ecosystem
Housing Mold Machines, Laser Branding Machines, and Server Room (P2P cloud & IP/NVR infra) in Gandhinagar facility.
Tailwinds
Regulatory Amendments
Bold restrictions on non-Indian players strengthened 'Make-in-India' initiative, accelerating transition to trusted, compliant, locally supported solutions.
Data Sovereignty Concerns
Rising concerns over data privacy and foreign hardware vulnerabilities accelerate the shift to indigenously certified systems across government, banking, education, and infrastructure sectors.
Infrastructure-Led Growth
Major government initiatives (Smart Cities Mission, PM Gati Shakti) and new housing/airports drive demand for surveillance systems.
Shift to IP & AI-Powered Surveillance
Growing demand for high-resolution, remote access, AI-enabled features like facial recognition, anomaly detection, and license plate reading.
Management accountability
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
Analyst reading lens
Compare YOY
The investor presentation primarily highlights year-on-year growth for both half-year (H2 FY26 vs H2 FY25) and full-year (FY26 vs FY25) periods, which is appropriate for assessing the impact of structural market shifts and long-term strategic execution.
Sector KPIs management disclosed
Revenue (FY26)
Rs. 14,794.1 Lacs, +108.1% YoY
EBITDA (FY26)
Rs. 3,321.9 Lacs, +121.0% YoY
PAT (FY26)
Rs. 2,075.8 Lacs, +104.5% YoY
EBITDA Margin (FY26)
22.5% (vs 21.1% in FY25), +140 bps YoY
Management forward view
Structural Market Transformation
The Indian surveillance industry is undergoing a fundamental, irreversible transformation driven by domestic capability and stronger compliance standards.
Preparedness for Opportunity
Years of disciplined work in product reliability, distribution reach, and partner relationships prepared the company for this pivotal moment.
Measured and Confident Approach
Management will continue to invest in product portfolio, service capabilities, and long-term partnerships, while maintaining discipline in execution.
Commitment to Sustainable Growth
Committed to building sustainable growth and creating long-term value for stakeholders as the industry evolves.
Thesis monitor
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|---|---|
| Dealer Network Expansion | 11,000+ dealers (FY26) | Monitor growth in dealer count and penetration into Tier 2 & Tier 3 towns for sustained last-mile reach. |
| Manufacturing Capacity Utilization | 16 lakh units/annum (expandable to 40 lakh) | Track utilization rates and timely ramp-up of expanded capacity to meet demand growth. |
| AI Product Adoption | PRIZOR PLUS AI series launched | Assess market acceptance and revenue contribution from the new AI-enabled camera range. |
| Backward Integration Progress | IndieSemic MoU for SoC chip (in pipeline) | Monitor progress on SoC development and the timeline for achieving full backward integration. |
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Trust Score
69Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 59th percentile of the scored universe and 54th percentile within IT. Main check: cash conversion is weak at 28/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
2 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
59th percentile
overall median 67 · IT: 54th pctile, median 69 · SME: 77th pctile, median 64
Evidence depth
Financial-only
2 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
28
weak · profit to cash conversion
Balance sheet
89
strong · leverage and solvency
Discipline
90
strong · capital discipline
Results
63
acceptable · quarterly consistency
Trust positives
- ▸Promoter holding is 67.9%.
- ▸Promoter pledge is zero.
- ▸ROCE is 45.2%.
- ▸OPM spread across recent quarters is 4%.
Trust risks
- ▸Operating cash flow is negative at ₹-14 Cr.
- ▸Only 0 years of positive FCF.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Prizor Viztech Ltd.
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Nse
Investor presentationNov 2025
Nov 2025 · PPT
Source: Nse
Investor presentationMay 2025
May 2025 · PPT
Source: Nse
Annual reportMar 2025
Mar 2025 · Annual Report 2025
Source: Nse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.