Key Financial Performance (H1 FY27 vs H1 FY26)
Revenue from Operations: ₹1,200.98 lakh (₹12.01 crore) in H1 FY27 vs ₹734.89 lakh (₹7.35 crore) in H1 FY26, representing 63.42% year-on-year growth.
EBITDA: ₹385.11 lakh (₹3.85 crore) in H1 FY27 vs ₹176.95 lakh (₹1.77 crore) in H1 FY26, representing 117.64% year-on-year growth.
EBITDA Margin: 32.07% in H1 FY27 vs 24.08% in H1 FY26, an improvement of 799 basis points.
Net Profit: ₹246.92 lakh (₹2.47 crore) in H1 FY27 vs ₹92.17 lakh (₹0.92 crore) in H1 FY26, representing 167.90% year-on-year growth.
Net Profit Margin: 20.56% in H1 FY27 vs 12.54% in H1 FY26, an improvement of 802 basis points.
Diluted EPS: ₹4.78 in H1 FY27 vs ₹1.78 in H1 FY26, representing 167.90% year-on-year growth.
Business Updates and Operational Developments
New Glass Cutting Facility: Commissioned an in-house glass cutting facility at Rabale with controlled cleanroom infrastructure, enabling customized display glass processing and reducing dependence on external processing.
TFT LCD Display Resizing Facility: Established India's first commercial TFT LCD display re-sizing facility with precision cutting accuracy of ±0.1 mm, enabling customized display solutions without requiring new LCD panel tooling, while reducing development costs and lead times.
Global Market Outreach: Participated in SID Display Week 2026, USA, showcasing display technologies and manufacturing capabilities, engaging with global industry participants and exploring business development and export opportunities.
Management Perspective & Outlook
Mr. Gaurav Manjul Kejriwal, Managing Director & CEO, highlighted India's ambition to strengthen its position in the global electronics manufacturing ecosystem, creating significant opportunities for domestic companies with specialized design, engineering and manufacturing capabilities.
The company aims to contribute to this transformation by developing indigenous capabilities in digital imaging and display solutions, supporting the country's Make in India and import substitution objectives.
Management noted continued strengthening of manufacturing capabilities through focused investments in infrastructure and technology. The glass cutting facility at Rabale is now operational, and the proposed TFT-LCD manufacturing facility in Goa is planned across an allotted land parcel of 5,000 square metres to strengthen capabilities across display module manufacturing, COG and FOG lines, R&D and testing infrastructure.
Management also noted encouraging interest from international markets, with export enquiries and demand for display solutions gaining traction following participation at SID Display Week 2026 in the USA.
Company Background
Highness Microelectronics Limited is a vertically integrated company specializing in the design, development, integration, assembly, and manufacturing of digital imaging solutions with strong in-house capabilities built over two decades. The company delivers products across Defence & Aerospace, Railways, Healthcare, and Industrial Automation sectors.
The company successfully raised ₹21.67 crore through its Initial Public Offering (IPO) and was listed on the BSE SME platform on April 2, 2026.
Disclaimer
The document contains forward-looking statements subject to risks and uncertainties including government actions, local developments, and technological risks. The company does not commit to publicly updating these statements.