Cellecor Gadgets incorporated a wholly owned subsidiary, Cellecor Gadgets Europe Ltd

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Cellecor Gadgets incorporated a wholly owned subsidiary, Cellecor Gadgets Europe Ltd

The stock is up by 13 per cent from its 52-week low of Rs 25.75 per share and has given multibagger returns of over 180 per cent since its listing on NSE in September 2023.

Cellecor Gadgets Limited has officially expanded its global footprint with the incorporation of its wholly owned subsidiary, Cellecor Gadgets Europe Limited, in England and Wales. Formed on January 16, 2026, the new entity operates within the electronics industry and was established with a cash consideration of 1,000 GBP, representing 1,000 shares and 100% ownership. As a newly incorporated company, it currently reports no prior turnover.

This strategic move is designed to seed growth in the UK and facilitate the company’s expansion into key international markets. The transaction was conducted at arm’s length, with no specific interest from the promoter group beyond its status as a subsidiary. This setup allows Cellecor Gadgets to extend its main line of business into Europe while maintaining full regulatory compliance and corporate control.

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About the Company

Cellecor Gadgets Limited has evolved into a leading consumer electronics brand by strategically outsourcing the manufacturing of Smart TVs, wearables, mobile phones and home appliances. By combining a modern sourcing and marketing approach with a commitment to "making happiness affordable," the company delivers innovative, high-quality technology across a diverse product portfolio. Today, Cellecor stands as a prominent industry name, leveraging sustainable growth to meet the rising global demand for accessible electronic solutions.

Results: According to half-yearly results, the net sales increased by 50.7 per cent to Rs 641.5 crore, EBITDA increased by 34.8 per cent to Rs 34.10 crore and net profit increased by 35.20 per cent to Rs 19.60 crore in H1FY26 compared to H1FY25. In its annual results, the net sales increased by 105 per cent to Rs 1,025.95 crore, Profit before Tax (PBT) increased by 91 per cent to Rs 41.43 crore and net profit increased by 92 per cent to Rs 30.90 crore in FY25 compared to FY24.

In September 2025, FIIs bought 1,22,67,000 shares of Cellecor Gadgets Ltd and increased their stake to 8.78 per cent compared to a 3.27 per cent stake in March 2025. The company's shares have an ROE of 25 per cent and an ROCE of 24 per cent. The stock is up by 13 per cent from its 52-week low of Rs 25.75 per share and has given multibagger returns of over 180 per cent since its listing on NSE in September 2023.

Disclaimer: The article is for informational purposes only and not investment advice.