Highness Microelectronics Limited has been awarded the ZED Gold Certification under the MSME Sustainable (ZED) Certification Scheme. The recognition highlights the company's adherence to quality manufacturing practices and environmental sustainability standards.

The certificate was issued by RIR Certification Private Limited on September 28, 2026. It remains valid for a period of three years from the date of issue. The award serves as a third-party validation of the company’s operational efficiency and responsible business operations.

Strategic benefits for market positioning

The certification is expected to strengthen the company’s brand credibility and enhance its competitiveness in government procurement and tender opportunities. As a ZED-certified MSME, the company gains access to specific benefits available under applicable schemes. These include certification subsidies, credit facilitation, and interest-related concessions, subject to scheme eligibility and terms.

Certification details

The award confirms that Highness Microelectronics fulfilled all relevant requirements laid down in the MSME Sustainable (ZED) Certification Scheme Guidelines for this certification level. The company operates in the other manufacturing sector, as per NIC-2008 codes, with its unit located in Navi Mumbai, Maharashtra.

Highness Microelectronics has received a confirmed work order worth Rs 6.0 crore from a domestic customer engaged in the supply of medical monitors, industrial displays and accessories.

ORDER DETAILS AND SCOPE

The order involves the supply of specialised display solutions for medical applications. The scope includes medical displays, equipment, accessories, and backlight units. The execution timeline for this contract is set at 16 to 20 weeks. The order value is inclusive of taxes as per the disclosure to the exchange on September 28, 2026.

RECENT ORDER ACTIVITY

This latest win comes shortly after the company disclosed a Rs 6.0 crore order from Premia Solutionz Private Limited on September 26, 2026. Additionally, the company had secured two orders worth Rs 1.07 crore each in August 2026 for ruggedized displays used in ticket vending machines at metro and urban mobility stations. The accumulation of these orders highlights a period of significant contract inflows for the SME-listed entity.

FINANCIAL CONTEXT AND VALUATION

As of September 28, 2026, the company had a market capitalisation of ₹125.05 Cr. The stock traded at a Price/Book ratio of 4.51x. Return on Capital Employed (ROCE) stood at 21.78% and Return on Equity (ROE) at 15.11% for FY26. Standalone revenue growth was recorded at +19.4% in FY26, following +28.9% growth in FY25. Profit growth for FY26 was +67.0%.

SHAREHOLDING PATTERN

The latest shareholding data indicates that promoters hold 64.96% of the equity. Foreign Institutional Investors (FII) hold 5.35%, while Domestic Institutional Investors (DII) hold 10.62%. Public shareholders account for 14.10% of the total shareholding. The total number of shareholders stands at 366.