Latest news with #OptiemusInfracom
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Business Standard
18-06-2025
- Business
- Business Standard
Partnership with OnePlus lifts Optiemus Infracom shares 15%; details
Optiemus Infracom share price: Optiemus Infracom share price zoomed up to 15.06 per cent to hit an intraday high of ₹706.20 per share on Wednesday, June 18, 2025. At 12:30 PM, Optiemus Infracom shares were trading near day's high, up 14.27 per cent at ₹701.60 per share. In comparison, BSE Sensex was trading 0.30 per cent lower at 81,336.82 levels. What sparked the rally in Optiemus Infracom share price today? Optiemus Infracom shares surged today after the company said its wholly-owned subsidiary Optiemus Electronics has inked a strategic partnership with Chinese consumer electronics giant OnePlus to locally manufacture premium Internet of Things (IoT) devices in India. In a statement, Optiemus Infracom said the collaboration marks a major milestone in boosting domestic manufacturing under OnePlus' long-term vision for the Indian market. The partnership also supports the company's ongoing 'Project Starlight,' which focuses on strengthening localisation efforts in the region. Ashok Gupta, executive chairman, Optiemus Group said, 'Our collaboration with OnePlus marks a significant step in this journey, as we come together to co-create a future shaped by innovation and excellence. We specialise in transforming ideas into reality, and this partnership empowers us to manufacture high-quality IoT products. Together, we will continue to explore new frontiers and remain committed to playing a pivotal role in shaping the future of electronics manufacturing in India.' As part of this tie-up, OnePlus has begun producing its IoT product line — including key offerings like true wireless stereo (TWS) earbuds and wireless neckbands — at Optiemus' Noida-based facility. This adds to its existing India-based smartphone manufacturing. The partnership kicks off with the local production of the OnePlus Bullets Wireless Z3, a popular neckband device known for low latency, immersive bass, and clear audio quality. As OnePlus' key manufacturing partner, Optiemus will help drive greater localisation of the bill of materials (BOM), improve cost efficiency, and strengthen supply chain resilience. "Our partnership with OEL to manufacture IoT products locally reflects our strong commitment to Project Starlight. This collaboration is not just about technology—it's about empowering local communities, creating meaningful innovation, and bringing smarter, more connected experiences to our India community," said Robin Liu, CEO, OnePlus India. About Optiemus Electronics Optiemus Electronics, among the leading players in India's electronics manufacturing sector, offers comprehensive end-to-end solutions to both domestic and global brands. Its services span world-class manufacturing, supply chain management, and repair/refurbishment support. The company operates two advanced manufacturing facilities in Noida, Uttar Pradesh. The market capitalisation of Optiemus Infracom is ₹5,958.94 crore. The company falls under the BSE SmallCap index.
Business Standard
27-05-2025
- Business
- Business Standard
Optiemus Infracom consolidated net profit declines 6.57% in the March 2025 quarter
Sales decline 8.33% to Rs 449.26 crore Net profit of Optiemus Infracom declined 6.57% to Rs 22.46 crore in the quarter ended March 2025 as against Rs 24.04 crore during the previous quarter ended March 2024. Sales declined 8.33% to Rs 449.26 crore in the quarter ended March 2025 as against Rs 490.10 crore during the previous quarter ended March 2024. For the full year,net profit rose 11.58% to Rs 63.33 crore in the year ended March 2025 as against Rs 56.76 crore during the previous year ended March 2024. Sales rose 23.71% to Rs 1890.00 crore in the year ended March 2025 as against Rs 1527.72 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 449.26490.10 -8 1890.001527.72 24 OPM % 5.085.93 - 5.745.15 - PBDT 25.2841.42 -39 99.0693.73 6 PBT 21.0335.77 -41 76.6876.09 1 NP 22.4624.04 -7 63.3356.76 12
Business Standard
29-04-2025
- Business
- Business Standard
Optiemus Infracom spurts after subsidiary ties up with Taiwan's ASRock
Optiemus Infracom rose 4.97% to Rs 522.55 after the company's subsidiary announced a strategic manufacturing partnership with Taiwan-based ASRock Inc., one of the world's top four motherboard manufacturers. Under the agreement, Optiemus Electronics, a wholly owned subsidiary of Optiemus Infracom, has already commenced production of ASRocks enterprise and gaming desktop motherboards in India as of April 2025. These Made-in-India products are expected to be available in the domestic market starting May 2025. The two companies also plan to expand their product portfolio in India, marking a notable shift as the Indian electronics manufacturing sector branches into new categories. This partnership positions Optiemus Electronics to strengthen its presence in the IT hardware segment. ASRocks motherboards are currently popular in both domestic and international markets but have so far been imported into India. On the partnership, Ashok Gupta, executive chairman, Optiemus Group said, "We are elated to partner with ASRock, which aligns perfectly with our vision of enabling cutting-edge manufacturing capabilities in India. This announcement brings forward our enhanced capabilities of handling highly complex large Printed Circuit Board assembly, including BGA, fine pitch assembly and the ability to deliver precision placement for very small capacitors and resistors, an important consideration for manufacturing complex AI motherboards for telecom industry, high-end desktops and AI powered laptops. Today, OEL has fully automated manufacturing processes with minimal human intervention including advanced nitrogen reflow systems that are of paramount importance for optimising soldering processes to ensure long term reliability." He further added, "We are on the path to meet the growing domestic demand, catering to exports market, creating new employment opportunities and fostering skill development in high-tech manufacturing." Optiemus Electronics, engaged into the business of electronics manufacturing in India, provides end-to-end solutions to global and Indian brands encompassing world class manufacturing, supply chain management and repair/refurbishment. The company has two manufacturing units in Noida, Uttar Pradesh. Optiemus Infracom is a telecommunications company with an experience in managing, distributing, and marketing mobile and telecom products in the Indian subcontinent. On a consolidated basis, net profit of Optiemus Infracom declined 16.34% to Rs 15 crore while net sales declined 2.12% to Rs 471.50 crore in Q3 December 2024 over Q3 December 2023.
Time of India
25-04-2025
- Business
- Time of India
Optiemus bullish on drone business, begins talks with state governments for services: Ashok Gupta
NEW DELHI: Optiemus Infracom 's drone unit is banking on agriculture and defence verticals to kickstart its commercial business, and has commenced discussions with state governments and agencies, a senior executive said. 'We have done everything locally. Now, we are talking to states and FPOs (farmer producer organisations) to start our drone-as-a-service ,' Ashok Gupta , executive chairman, Optiemus Group, told ETTelecom recently in an interview. 'There is a significant requirement for drones, such as in large agricultural states like Assam. The Central and state governments have started deliberating how to leverage technology like drones to make the life of farmers easier,' Gupta said. The drone industry , however, is at a nascent stage in the country commercially due to the absence of large-scale government-driven deals, lack of talented manpower and drone pilots, and cumbersome approval processes, said an industry executive, asking not to be named. The Centre, on its part, notified Drone Rules in August 2021 in a bid to enhance the ease-of-doing-business (EoDB), which included reducing the number of forms from 72 to 4, abolishing the needs for pilot certificates to operate drone of up to 2kg (non-commercial) and all drones weighing less than 250 grams, among others. The government further notified the Drone (Amendment) Rules on February 11, 2022, to abolish the need for a drone pilot license, stating that a remote pilot certificate issued by the Directorate General of Civil Aviation (DGCA)-authorised drone school shall be adequate for operating drones. Domestic contract electronics and telecom gear maker Optiemus Infracom had set up a drone subsidiary, Optiemus Unmanned Systems (OUS), in 2023 with an initial investment of ₹25 crore. The Ghaziabad-headquartered firm previously said it aims to invest around ₹140 crore in a drone-as-a-service model under its drone-making subsidiary, targeting a revenue of ₹600-900 crore by the end of calendar 2025. Gupta said that successful proof-of-concept (PoC) demonstrations will be the first step towards achieving maturity in the country's nascent drone industry. 'So we are focusing on agriculture, defense, and all verticals,' he added. 'Our revenue (guidance) is still under pipeline.' News agency PTI separately reported that Optiemus Infracom has achieved over 75% indigenisation of components in its devices, and has invested around ₹40 crore in its drone business. OUS has launched the Marak VT100, Vajra QC55, Canister Launched Loitering Munition, and First Person View (FPV) drones with optical fiber cable-based navigation capability for defense, surveillance, and reconnaissance applications. The company has also partnered with Taiwanese Avix Technology to jointly develop, manufacture, and assemble high-performance camera systems, gimbals, and related drone components in India to meet the specific needs of the Indian defense and related sectors.
