Highness Microelectronics FY26 net profit rises 67% to ₹41.04 million

1 min read     Updated on 30 May 2026, 07:02 PM
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Highness Microelectronics reported a 67% increase in FY26 net profit to ₹41.04 million, with revenue rising to ₹161.19 million. The board approved the audited results, appointed new internal and secretarial auditors, and announced a change in the Company Secretary.

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Highness Microelectronics has reported a net profit of ₹41,039.19 thousand for the financial year ended March 31, 2026, a 67% increase compared to ₹24,582.08 thousand in the previous year. Revenue from operations rose to ₹1,61,191.87 thousand from ₹1,40,737.82 thousand in FY25. The Board of Directors approved the audited standalone financial results for the year and half-year ended March 31, 2026, at a meeting held on May 30, 2026.

The company’s total income for FY26 stood at ₹1,69,174.98 thousand, while total expenses were reported at ₹1,15,717.64 thousand. Profit before tax for the year was ₹53,457.34 thousand. The statutory auditors, M/s Jain Vinay & Associates, provided an unmodified audit opinion on the financial results.

Key Financial Metrics

Metric FY26 (₹ in '000) FY25 (₹ in '000)
Revenue from Operations 1,61,191.87 1,40,737.82
Total Income 1,69,174.98 1,41,738.10
Total Expenses 1,15,717.64 1,09,077.99
Profit Before Tax 53,457.34 32,660.11
Net Profit 41,039.19 24,582.08
Basic EPS (₹) 7.95 4.76

The board appointed M/s Satya Gandhi & Co as the Internal Auditor and M/s Chetan Mandlia & Associates as the Secretarial Auditor for the financial year 2026-27. Additionally, Ms. Gouri Apoorva was appointed as the Company Secretary and Compliance Officer effective June 25, 2026, succeeding Mrs. Preeti Paresh Rathi, who resigned effective June 24, 2026, due to personal reasons.

During the year, the company completed its Initial Public Offer (IPO) aggregating to ₹216,720 thousand, comprising a fresh issue and an offer for sale. The equity shares were listed on the SME platform of BSE Limited with effect from April 2, 2026. The financial results have been prepared in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Highness Microelectronics

1 Day5 Days1 Month6 Months1 Year5 Years
+0.27%-2.89%+35.37%+16.38%+16.38%+16.38%

How does Highness Microelectronics plan to utilize the ₹216.72 million raised via its recent IPO to sustain FY26's 67% profit growth?

Will the recent appointment of a new Company Secretary and Compliance Officer lead to any shifts in corporate governance or regulatory strategy?

What are the company's revenue and margin projections for FY27 following the successful listing on the BSE SME platform?

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