06-Nov-2026 10:43:06
OPTIEMUS INFRACOM Q2 FY27: UPGRADES FY28 REVENUE GUIDANCE TO ₹6,500 CR & FY29 TO ₹8,500 CR; ₹250–300 CR SCREEN PROTECTOR CAPEX, 2.5 CR MONTHLY CAPACITY TARGET
• FY27 Revenue Guidance Maintained: Management expects revenue of approximately ₹3,600 Cr, nearly double FY26, driven primarily by EMS manufacturing expansion • FY28 Guidance Upgraded: Revenue target raised to ₹6,500 Cr, implying approximately 80% YoY growth versus 30% growth guided earlier • FY29 Guidance Upgraded: Revenue target raised to ₹8,500 Cr from ₹6,000 Cr earlier, supported by EMS expansion and commercialisation of the screen protector business • Major Capex Expansion: Plans ₹250–300 Cr investment in screen protector manufacturing, targeting combined monthly production capacity of 2.5 Cr units • Fundraising Plans: Approximately ₹200 Cr proposed to be raised through further securities issuance, with remaining expansion funding through debt and internal accruals. Management indicates promoter participation • Brownfield Capacity Expansion: Existing Noida screen protector capacity to increase from 20 lakh to 50 lakh units per month, targeting January–February 2027 • New Greenfield Plant: Plans 2 Cr screen protectors per month capacity at a leased, preconstructed facility in Noida, targeting operations by March 2027 • BIS Regulatory Opportunity: Screen protector BIS and fog-marking requirements are scheduled to become effective April 1, 2027, creating an import substitution opportunity • Screen Protector Market: Management estimates the existing import-led market at ₹20,000 Cr at consumer prices, with potential to reach ₹40,000 Cr by 2030 • New Consumer Brands: Developing SCREENlife, OPTIGUARD, RHINOTECH and KAVACH screen protection products, including an insurance-backed display protection offering • Nothing–CMF Joint Venture: Proposed approximately 51:49 JV between Optiemus and Nothing to develop CMF as an independent consumer electronics brand with in-house design, engineering, R&D, sales and marketing capabilities • CMF Manufacturing Opportunity: Optiemus expects its EMS division to undertake manufacturing for the proposed JV, supporting additional manufacturing volumes. Definitive agreement and regulatory approvals remain pending • Second B2C Product Launch: Plans to introduce another consumer product category in Q4 FY27, leveraging existing manufacturing capabilities and distribution networks • Corning Cover Glass JV: 70:30 JV with Corning has its Tamil Nadu manufacturing facility ready; OEM audits and technical trials underway • Cover Glass Commercialisation: Customer onboarding expected from Q1 FY28, with management indicating a 3–4 quarter onboarding window • EMS Expansion: Scaling smartphone manufacturing, IoT modules, power banks, POS devices and non-mobile electronics, supported by Unit 3 production ramp-up • Drone Business: Developing high-altitude defence and precision-agriculture platforms, targeting long-term rental and service contracts with government and defence customers • Drone Revenue Opportunity: Management has not included potential drone business contributions in its existing revenue guidance • Growth Strategy: Transitioning from contract electronics manufacturing towards an integrated EMS, components and branded consumer technology business
OPTIEMUS INFRACOM LTD