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Optiemus Infracom delivered a strong Q1 FY27! Operating Revenue surged 103% YoY to ₹882.99 Cr, largely driven by the AI+ EMS partnership which contributed over ₹500 Cr. Profit After Tax (PAT) jumped 46% YoY to ₹21.18 Cr, with EBITDA up 40% at ₹41.32 Cr. Diluted EPS also rose 46% to ₹2.35. Margins saw a slight dip due to a shift towards high-volume mobile manufacturing, but are expected to improve.
The company is strategically expanding its B2C presence with a second category launch planned for Q3 FY27. Growth is further fueled by leveraging the MPMS / PLI 2.0 scheme for Indian brands and upcoming BIS compliance for screen protectors. During the quarter, Noida Unit 3 was commissioned, adding 6 million units/year capacity. Their Cover Glass JV with Corning is also progressing well. Incubation expenses for Drones and Cover Glass impacted PAT by ₹2.45 Cr.
Management projects doubling FY27 revenue to ~₹3,600 Cr, aiming for 30%+ annual growth through FY29 to reach ₹6,000 Cr. This outlook doesn't even include potential upside from new B2C products, screen protectors, or cover glass.