OPTIEMUS INFRACOM LTD

Manufactures and distributes telecom equipment, mobile devices and electronic accessories through two segments. The manufacturing business, operated primarily through wholly-owned subsidiary Optiemus Electronics Limited at its Noida facility, accounted for 59.7% of segment revenue at Rs 1,119.12 crore in FY26, with EBIT of Rs 45.72 crore. Its portfolio spans IoT and cellular modules (5G, 4G, Cat-1, automotive under a Quectel manufacturing partnership), AI+ smartphones, Realme power banks, PhonePe Soundbox devices, POS terminals and telecom equipment, and is extending into cover glass via BIG Tech, a 70:30 joint venture with Corning International that is setting up a plant in Tamil Nadu, and into B2C screen protectors subject to a BIS certification mandate by December 2026. The trading and distribution segment contributed the remaining 40.3% at Rs 755.94 crore (EBIT Rs 27.64 crore), distributing handsets and accessories. Consolidated FY26 revenue was Rs 1,768.62 crore with an EBITDA margin of 6.99%, weighed down by an exit from volatile brand partnerships that drove the 6.4% revenue decline, even as Q4 FY26 operating revenue grew 8% year-on-year to Rs 484.98 crore. Materials are the largest cost at 33.9% of revenue, and capex ran at 17.7% of revenue.