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. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Manufacturing Business (60%), Trading & Distribution (40%). Asset-heavy electronics manufacturing services and handset distribution, with capex of 17.7% of revenue
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 472 | 1,174 | 1,528 | 1,890 | 1,769 |
| EBITDA (ex other income) | (19) | 25 | 79 | 108 | 98 |
| margin % | (4.0) | 2.1 | 5.2 | 5.7 | 5.5 |
| Owners' profit | (0) | 0 | 0 | 0 | 0 |
| EPS, as reported (₹) | (0.10) | 4.88 | 6.62 | 7.37 | 7.52 |
| ROE % · ROCE % | (0.3) · 3.0 | 11.0 · 14.6 | 13.3 · 15.9 | 9.1 · 12.4 | 8.0 · 9.1 |
| Debt / equity (x) | 0.13 | 0.14 | 0.38 | 0.19 | 0.37 |
| Cash from operations | 28 | 1 | 40 | (13) | (12) |
| Capex | 0 | (36) | (62) | (39) | (312) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 477 | 472 | 449 | 435 | 418 | 430 | 485 | 883 |
| Profit before tax | 17 | 20 | 21 | 18 | 25 | 19 | 14 | 28 |
| Net profit | 14 | 15 | 22 | 15 | 17 | 12 | 22 | 21 |
| EPS (₹) | 1.60 | 1.75 | 2.61 | 1.67 | 1.92 | 1.39 | 2.56 | 2.39 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| a) Trading & distribution | 154 | 8.2 |
| b) Manufacturing Business | 1,119 | 59.7 |
| a) Trading & Distribution | 351 | 18.7 |
| a) Trading and Distribution | 251 | 13.4 |
| Total, before eliminations | 1,875 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| ITI LTD | 25,323 | 66.8 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 6 Sept 2026 · Optiemus Infracom files copies of AGM notice newspaper ads | compliance | minimal | — | — |
| 5 Sept 2026 · AGM notice dispatched; 33rd AGM scheduled on Sep 28, 2026 | compliance | minimal | — | — |
| 5 Sept 2026 · Optiemus Infracom files BRSR report for FY 2025-26 | compliance | low | — | — |
| 5 Sept 2026 · Optiemus FY26 Annual Report: Standalone revenue up 22%, PAT steady | results | high | — | — |
| 5 Sept 2026 · Optiemus Infracom 33rd AGM on Sep 28, 2026; FY25-26 Annual Report filed | board shareholder meetings | medium | — | — |
| 1 Sept 2026 · Newspaper notice published for 33rd AGM to be held on September 28, 2026 | compliance | minimal | — | — |
| 27 Aug 2026 · Board comments on NSE fine for delayed shareholding pattern filing | regulatory legal | high | — | — |
| 27 Aug 2026 · Board clears re-appointment of 2 independent directors and Rs 5.6 cr subsidiary investment | management changes | medium | — | — |
| 27 Aug 2026 · Optiemus re-appoints 2 independent directors; invests Rs 5.6 cr in drone unit | management changes | medium | — | — |
| 27 Aug 2026 · Board approves director re-appointments and invests Rs 5.6 cr in drone subsidiary | management changes | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| 13.29 |
| 47.7 |
| 15.4 |
| 14.0 |
| (1.6) |
| 2.4 |
| TEJAS NETWORKS LIMITED | 10,030 | — | 3.42 | — | (31.0) | (37.1) | 15.9 | (22.7) |
| OPTIEMUS INFRACOM LTD ◆ | 5,035 | 68.7 | 6.13 | 43.0 | 8.0 | 7.0 | 57.7 | 4.7 |
| KAVVERI DFS & WIR TEC LTD | 417 | — | 3.73 | 277.3 | 1.1 | 1.1 | 10.2 | (77.3) |
| UMIYA BUILDCON LIMITED | 182 | 21.2 | 1.58 | 4.4 | 36.6 | 23.3 | — | 29.5 |
| TAMILNADU TELECOMMUNICATI | 42 | 2.3 | — | — | 7.7 | 8.5 | — | — |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 68.7 | 14.9 | 23 of 24 | 4% |
| P/B | 6.1 | 4.3 | 14 of 21 | 35% |
| ROCE | 7.0 | 9.7 | 19 of 30 | 38% |
| ROE | 8.0 | 9.1 | 17 of 29 | 43% |
| Debt / Equity | 0.4 | 0.0 | 20 of 29 | 32% |
| EBITDA margin | 4.7 | 20.0 | 24 of 28 | 15% |
| Revenue growth | 102.8 | 9.6 | 3 of 29 | 93% |
| Profit growth | 45.8 | 36.6 | 12 of 28 | 59% |
| Market cap | 5035 | 1530 | 11 of 30 | 66% |
| A state: the latest filed quarter and the measured reactions |
| 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.
