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Cemtrex, Inc. (CETX) is a diversified technology and services company headquartered in Brooklyn, New York, serving commercial and industrial customers as well as government and institutional buyers. The company’s operations are organized around two major divisions: (1) Advanced Technologies and (2) Industrial Services.
In Advanced Technologies, Cemtrex focuses on internet of things (IoT) and smart-device solutions and related software platforms. Its portfolio is commonly described around security and video surveillance systems, including browser-based video monitoring platforms and analytics-driven recognition capabilities. The company also supports VR/AR solutions and provides enabling hardware such as cameras, servers, and access-control mechanisms. These offerings are intended for security, oversight, and operational visibility across settings that can include industrial and commercial facilities, federal prisons, hospitals, universities and schools, and federal/state government offices—i.e., environments where reliable monitoring and compliance-oriented security are key.
In Industrial Services, Cemtrex provides end-to-end industrial execution capabilities. Services described for this segment include rigging, millwrighting, in-plant maintenance, and equipment installation activities such as setup, relocation, and dismantling. The company supports manufacturers and industrial operators across multiple verticals—including automotive, printing and graphics, industrial automation, packaging, and chemicals—where precision installation, maintenance contracting, and equipment handling are part of day-to-day operations. From a business model perspective, this combination typically blends technology enablement (Advanced Technologies) with labor-intensive, project-based delivery (Industrial Services) via operating subsidiaries.
From a cost and productization standpoint, Advanced Technologies elements (platforms, analytics, recognition, and surveillance systems) generally require ongoing R&D, product integration, and support capabilities, while Industrial Services tends to rely more heavily on skilled labor, project management, and equipment/operations delivery. Operationally, the company maintains a current ratio around the mid-range (reported currentRatioTTM ~1.54 in the provided dataset), suggesting it has some near-term liquidity to support operating needs. Profitability and returns in the provided ttm metrics indicate negative profitability (e.g., net profit margin and operating profit margin are negative), which is consistent with turnaround cycles often seen in diversified technology and services firms when investments, restructuring, or project mix changes affect margins.
Key leadership includes CEO and President Saagar Govil (serving since December 2011 per the provided information). Cemtrex was founded in 2004 (it was incorporated earlier, with incorporation dating reported as 1998 in the dataset, and the name “Cemtrex” associated with the 2004 renaming). The company trades on NASDAQ under CETX and maintains an investor-facing technology-and-services strategy focused on mission-critical infrastructure applications—security/video monitoring and industrial equipment services—supported by technology-enabled products and service delivery.
Sony Corporation (Semiconductor segment)TSE:6758ONVIF-compliant component manufacturersIndustrial equipment & rigging suppliers (e.g., CERTEX USA, Bishop Lifting)General electronics component distributors (Mouser Electronics, Future Electronics, Jameco)Steel and fabricated metal suppliersSpecialty electronics manufacturers (Tier 2 sub-suppliers for Vicon/EMS)Defense-grade electronics / precision instrumentation suppliersLens/optics manufacturers (for Vicon camera assemblies)
Downstream
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U.S. Customs and Border Protection (CBP)State Government Corrections (U.S.)Midwestern County GovernmentHM Prison & Probation Service (U.K.)Industrial Manufacturing CompaniesClean Water and Environmental Infrastructure OperatorsU.S. NavyMissile Defense Agency (MDA)NASALockheed MartinNYSE:LMTOEM customers in wearable smart devices, medical devices, industrial technology, automation, and measurement equipmentValue-added resellers and system integrators (Security channel)