Designs and manufactures TFT-LCD modules and ruggedized displays for defence, railways, medical, and industrial customers, with manufacturing at a Rabale plant and a new Goa facility being set up for backward-integrated chip-on-glass (COG) and film-on-glass (FOG) production aimed at cutting input costs by 8-15%. FY26 revenue was INR 16.11 crore, split across defence and aerospace (39%), medical (26.7%), railways (21.1%), and industrial (6.6%). About 44% of FY26 revenue (INR 7.06 crore) came from exports, and the company has signed a technology-transfer agreement with a Chinese manufacturer for glass cutting and resizing of TFT-LCD modules, plus a strategic alliance with Axiom Manufacturing (USA) for Americas market access. Materials account for 72.1% of revenue, employees 17.6%, and other opex 14.2%; FY26 EBITDA was INR 6.61 crore with PAT of INR 4.10 crore. Management has guided FY27 revenue of INR 30-32 crore, with the Goa plant's first commercial output expected around July-August 2027. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Defence and Aerospace (39%), Medical (27%), Railways (21%), Industrial (7%). Small-cap, design-led electronics manufacturer of TFT-LCD modules and ruggedized displays; BSE SME-listed in April 2026; currently capex-heavy with a new Goa COG/FOG plant under construction.
| ₹ crore · consolidated | FY26 |
|---|---|
| Revenue | 6 |
| EBITDA (ex other income) | — |
| margin % | — |
| Owners' profit | — |
| EPS, as reported (₹) | 0.10 |
| ROE % · ROCE % | — · 1.0 |
| Debt / equity (x) | — |
| Cash from operations | (2) |
| Capex | (2) |
| ₹ crore | Q4 FY26 |
|---|---|
| Revenue | 9 |
| Profit before tax | 4 |
| Net profit | — |
| EPS (₹) | 6.16 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| ADITYA INFOTECH LIMITED | 45,150 | 93.8 | 24.06 | 77.9 | 19.6 | 24.5 | — | 14.8 |
| SYRMA SGS TECHNOLOGY LTD | 30,717 | 82.8 | 10.02 | 53.5 | 11.3 | 13.4 | — | 11.1 |
| HONEYWELL AUTOMATION IND | 30,536 | 55.7 | 6.84 | — | 11.8 | 15.5 | — | 18.2 |
| KAYNES TECHNOLOGY IND LTD | 23,496 | 67.9 | 4.93 | 33.3 | 7.6 | 9.8 | — | 17.1 |
| JYOTI CNC AUTOMATION LTD | 22,490 | 69.9 | 11.24 | 39.7 | 16.8 | 19.2 | — | 22.2 |
| LMW LIMITED | 19,058 | 109.1 | 6.65 | 61.8 | 4.6 | 5.9 | 13.2 | 11.9 |
| TEGA INDUSTRIES LIMITED | 12,982 | 455.9 | 3.81 | 38.8 | 4.2 | 5.4 | — | 4.2 |
| LLOYDS ENGG WORK LIMITED | 12,285 | 48.3 | 7.30 | 50.1 | 11.7 | 11.5 | — | 15.0 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 11 Sept 2026 · 19th AGM voting results - all resolutions passed unanimously | board shareholder meetings | low | — | — |
| 10 Sept 2026 · 19th AGM of Highness Microelectronics concluded on September 10, 2026 | board shareholder meetings | medium | — | — |
| 7 Sept 2026 · Participation in SEMICON India 2026 as exhibitor | business updates | low | — | — |
| 20 Aug 2026 · Newspaper notice published for 19th AGM on September 10, 2026 | compliance | minimal | — | — |
| 19 Aug 2026 · AGM notice and annual report FY25-26 submitted | board shareholder meetings | low | — | — |
| 19 Aug 2026 · 19th AGM notice filed; meeting set for September 10, 2026 | board shareholder meetings | medium | — | — |
| 14 Aug 2026 · Notice of 19th AGM on September 10, 2026 via video conferencing | compliance | minimal | — | — |
| 12 Aug 2026 · Board approves 19th AGM on September 10, 2026 via video conferencing | board shareholder meetings | low | — | — |
| 6 Aug 2026 · Highness Microelectronics gets Rs 1.07 Cr order for Metro TVM displays | business updates | high | — | — |
| 6 Aug 2026 · Purchase Order Received for Ruggedized Displays for Metro TVMs | business updates | high | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 35.5 | 26.9 | 85 of 138 | 39% |
| ROCE | (0.3) | 11.3 | 129 of 144 | 11% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
