StockWatch
·
Industrial Products
Quarterly Result5 Nov 2026, 07:53 pm

Highness Microelectronics H1 FY27 Net Profit Up 168% to ₹24.7 Cr

AI Summary

Highness Microelectronics Limited announced its unaudited financial results for the half year ended September 30, 2026 (H1 FY27). The company reported a significant 168% year-on-year increase in net profit, reaching ₹246.92 Lakhs (₹2.47 Crore), compared to ₹92.17 Lakhs (₹0.92 Crore) in H1 FY26. Revenue from operations grew by 63.42% to ₹1,200.98 Lakhs (₹12.01 Crore) from ₹734.89 Lakhs (₹7.35 Crore) in the prior year period. EBITDA also saw a substantial rise of 117.64% to ₹385.11 Lakhs (₹3.85 Crore). The company highlighted improvements in operational efficiency, with EBITDA margin increasing by 799 basis points to 32.07% and PAT margin by 802 basis points to 20.56%. Key business updates include the commissioning of a new glass cutting facility and the establishment of India's first commercial TFT LCD display re-sizing facility. The company also participated in SID Display Week 2026 in the USA to explore export opportunities.

Key Highlights

  • Net profit surged 168% to ₹24.7 Cr in H1 FY27.
  • Revenue grew 63.42% YoY to ₹12.01 Cr.
  • EBITDA margin improved by 799 bps to 32.07%.
  • Commissioned new glass cutting facility and display re-sizing facility.
  • Exploring international business opportunities after US exhibition.