Intelbras SA Industria de Telecomunicacao Eletronica Brasileira
BOVESPA:INTB3
Intelbras SA Industria de Telecomunicacao Eletronica Brasileira
Intelbras SA Indústria de Telecomunicação Eletrônica Brasileira engages in the provision of solutions to security, network, telecommunication, and energy industries. The company is headquartered in Sao Jose, Santa Catarina. The company went IPO on 2021-02-04. The Company’s activities are divided into three operational segments: Security, Communication and Energy. The Security segment is focused on the electronic security, such as analog video surveillance equipment (CCTV), Internet protocol video surveillance (CCTV IP), access control and alarms and sensors against invasion and fire. The Communication segment is dedicated to voice, image and data communication, as well as to network infrastructure. The Energy segment is engaged in the supply of energy for electric and electronic equipment and consumers, in addition to power saving and nobreak devices for houses, companies and buildings. The firm sells its products mainly in Brazil and also exports them to other countries of South and Central Americas, Angola, Mozambique and Egypt.
Intelbras SA Indústria de Telecomunicação Eletrônica Brasileira engages in the provision of solutions to security, network, telecommunication, and energy industries. The company is headquartered in Sao Jose, Santa Catarina. The company went IPO on 2021-02-04. The Company’s activities are divided into three operational segments: Security, Communication and Energy. The Security segment is focused on the electronic security, such as analog video surveillance equipment (CCTV), Internet protocol video surveillance (CCTV IP), access control and alarms and sensors against invasion and fire. The Communication segment is dedicated to voice, image and data communication, as well as to network infrastructure. The Energy segment is engaged in the supply of energy for electric and electronic equipment and consumers, in addition to power saving and nobreak devices for houses, companies and buildings. The firm sells its products mainly in Brazil and also exports them to other countries of South and Central Americas, Angola, Mozambique and Egypt.
Revenue Drop: Intelbras' revenue fell 9.6% year-on-year as management continued to prioritize profitability over growth.
Margin Expansion: Gross margin reached 30.9% and EBITDA margin improved to 12.8%, both rising despite lower revenue.
Net Income Growth: Net income increased to BRL 148 million, up 14% year-on-year, showing stronger operational efficiency.
Cash Generation: The company generated BRL 480 million in operating cash and ended the quarter with BRL 1.2 billion in cash, now operating with net cash.
ROIC Recovery: Return on invested capital rose to 14.9%, reversing prior declines.
Strategy Confirmed: Management reaffirmed their focus on disciplined capital allocation, portfolio simplification, and gradual, high-quality growth.
Segment Trends: Security grew 4.4% year-on-year, ICT focused on margin over volume, and Energy faced substantial revenue decline due to strategic exits from large projects.
Outlook: Expectations for continued improvement in profitability and ROIC in 2026, though revenue growth will remain disciplined during ongoing portfolio adjustments.
