Optiemus Electronics partners with Quectel to manufacture wireless modules in India

Optiemus Infracom has announced that its wholly owned subsidiary, Optiemus Electronics Limited (OEL), has entered into a strategic manufacturing partnership with Quectel IoT Technologies PTE LTD. (Quectel) to locally manufacture advanced wireless communication modules in India. The collaboration aims to strengthen the domestic electronics manufacturing ecosystem and reduce dependence on imports by establishing local production capabilities.

Manufacturing Scope and Location

Under the agreement, OEL will manufacture Quectel's portfolio of automotive, 5G, 4G, Cat-1 and other cellular modules. Production will take place at OEL's state-of-the-art manufacturing facilities located in Noida, Uttar Pradesh. These modules are designed to support applications across diverse sectors, including IoT, automotive, telecom, energy, smart mobility, industrial automation, telematics, and smart infrastructure.

Parameter	Details
Partnership	Optiemus Electronics Limited & Quectel IoT Technologies PTE LTD.
Focus Area	Automotive, 5G, 4G, Cat-1 and other cellular modules
Manufacturing Location	Noida, Uttar Pradesh
Initiatives Supported	Make in India, Atmanirbhar Bharat

Strategic Alignment

The initiative aligns with the Government of India's Make in India and Atmanirbhar Bharat vision. By enabling faster time-to-market and strengthening supply-chain resilience, the partnership seeks to increase localisation for next-generation wireless technologies. Quectel aims to deepen its presence in the Indian market through this collaboration, ensuring world-class manufacturing standards and scalable production.

Management Commentary

Ashok Gupta, Chairman, Optiemus Group, highlighted the shared commitment to building advanced manufacturing capabilities in India. He stated that locally manufacturing Quectel's automotive and cellular modules would strengthen the domestic electronics ecosystem while supporting next-generation connectivity across industries. Dinesh Patkar, Regional Sales Director, India at Quectel, noted that the collaboration would deliver high-quality, locally manufactured modules to meet the evolving needs of industries, further driving innovation and sustainable growth in the sector.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.10%	+6.15%	+9.38%	-6.13%	-27.99%	+200.26%

Optiemus Infracom reported a consolidated net profit of ₹660.14 crore for the financial year ended March 31, 2026, an increase of 4.2% from ₹633.30 crore in the previous year. Revenue from operations for the year stood at ₹17,686.18 crore, compared to ₹18,899.97 crore in FY25. The board approved the audited standalone and consolidated financial results at a meeting held on May 30, 2026. Statutory auditors M/s. Mukesh Raj & Co issued an audit report with an unmodified opinion on the financial results.

Financial Performance

The standalone net profit for FY26 was ₹206.10 crore, a decrease from ₹222.40 crore in the previous year. Standalone revenue from operations for the year rose to ₹7,240.90 crore from ₹5,915.31 crore in FY25. The board appointed M/s. R K Doshi & Co. LLP, Chartered Accountants, as the internal auditors for the financial year 2026-27.

Metric	Standalone FY26 (₹ Lakhs)	Standalone FY25 (₹ Lakhs)	Consolidated FY26 (₹ Lakhs)	Consolidated FY25 (₹ Lakhs)
Revenue from Operations	72,409.04	59,153.05	176,861.76	188,999.68
Net Profit	2,061.04	2,224.04	6,601.42	6,333.01
Basic EPS (₹)	2.35	2.59	7.52	7.37

Q4 Performance Highlights

For the quarter ended March 31, 2026, the company recorded a consolidated net profit of ₹22.47 crore on revenue of ₹4,849.78 crore. Q4 EBITDA increased to ₹39.24 crore from ₹32.45 crore in the same quarter of the previous year. The EBITDA margin expanded to 8.09% from 7.22% YoY.

Metric	Q4 FY26	Q4 FY25
Consolidated Net Profit	₹22.47 crore	₹22.46 crore
Revenue	₹4,849.78 crore	₹4,492.56 crore
EBITDA	₹39.24 crore	₹32.45 crore
EBITDA Margin	8.09%	7.22%

Strategic Outlook

The company has provided guidance expecting a 40–45% overall revenue CAGR over the next three years. Executive Chairman Ashok Gupta highlighted that FY26 was a year of deliberate transformation, involving the exit of volatile brand partnerships and an upgrade of the customer mix to focus on high-potential niche categories. The trading window for designated persons will reopen 48 hours after the declaration of the financial results.