Optiemus Infracom Limited has revised its revenue targets upwards, now projecting ₹8,500 crore by FY29, an increase from its earlier target of ₹6,000 crore. The company anticipates achieving ₹6,500 crore by FY28. These projections are primarily driven by the upcoming commercial rollout of its screen protector business and continued scale-up in its EMS vertical. For FY27, the company maintains its revenue target at ₹3,600 crore.
Optiemus Infracom Boosts Revenue Outlook
Optiemus Infracom Limited has significantly revised its future revenue projections, setting a new target of ₹8,500 crore by the fiscal year 2029 (FY29). This revised outlook represents an upward revision from the previously guided figure of ₹6,000 crore. The company is also projecting revenues to reach ₹6,500 crore by FY28, indicating strong anticipated growth.
Growth Drivers Identified
The enhanced financial forecast is underpinned by two key strategic initiatives: the commercial launch of the company’s screen protector business and the continued expansion and scaling of its Electronics Manufacturing Services (EMS) vertical. These segments are expected to be the primary engines of growth for the company in the coming years.
FY27 Target Maintained
For the current fiscal year, FY27, Optiemus Infracom has maintained its revenue target at ₹3,600 crore. This target is supported by strong performance in the first half of the year, robust execution, and positive forward visibility. The company’s strategic roadmap includes the development of six key growth areas, including EMS scale-up, screen protectors, a B2C pivot, a JV with CMF, cover glass manufacturing, and drone technology.
Strategic Expansion Details
The company’s commitment to this growth trajectory is further demonstrated by plans to raise approximately ₹2 billion through a further issue of securities to fund strategic expansions, particularly in the screen protector segment. This expansion includes scaling up brownfield production and deploying an asset-light greenfield plant to meet the demand driven by new BIS compliance mandates.
Q2 FY27 Financial Highlights
The investor presentation also highlights key financial performance indicators for the second quarter of FY27 (Q2 FY27). The company reported record quarterly revenue and EBITDA. Revenues stood at ₹98,317 Lakhs, marking a 135% YoY growth. EBITDA margins recovered to 4.08%, driven by improved product mix and operating leverage from the recently commissioned Unit 3 in Noida. Reported Profit After Tax (PAT) for the quarter was ₹2,101 Lakhs, a 25% YoY growth.
Incubation expenses for the Drones and Cover Glass businesses impacted overall EBITDA/PAT by ₹357 Lakhs/411 Lakhs respectively. Adjusting for these, the core operating EBITDA/PAT for Q2 FY27 stood at ₹4,371 Lakhs/2,512 Lakhs, showcasing the underlying strength of the company’s base business.
Source: BSE
