OPTIEMUSTelecommunication

Optiemus Infracom Limited

Telecom - Equipment & Accessories · ISIN INE350C01017 · BSE 530135 · NSE EQ · FV ₹10
Last price
₹610
+2.89%today
What this company does

Optiemus Infracom Limited operates in Telecom - Equipment & Accessories, part of the Telecommunication sector. It booked ₹883 cr of revenue in its latest quarter (Q1 FY27) and kept 2.4% of sales as profit. It is the 5th largest of 8 Telecom - Equipment & Accessories companies we track, by market value.

The Company is primarily engaged in the trading of mobile handsets and mobile accessories.
Their stated vision

to be a trusted and forward-looking organization that delivers value not just to our shareholders, but to every stakeholder connected to our business.

In the report:
51out of 100
Equitytale Health Score
Mixed

Healthier than 51% of companies in Telecommunication, on all six measures of filed financials. Each measure is ranked against the 9–24 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
60

At close. Not part of the score.

Profitability & returns40

How much profit it earns on the money it employs

Balance sheet69

How much it owes, and whether earnings cover the interest

Cash quality23

Whether reported profit actually arrives as cash

Growth & consistency72

Whether sales and profit have grown, and how steadily

Valuation19

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 103% vs last year
Profit up 46% vs last year
Promoters hold 71%
Watch-outs
! Thin 2.4% net margin
! 2.6% of promoter stake pledged
! Operating cash flow is negative

What if I invest in OPTIEMUS?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹610 +2.89%
latest close · 2026-09-17
1-year return
+275.6%
52-wk low ₹16252-wk high ₹661
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio63.8High
LowAverageHigh
P/B ratio6.97High
Below bookModerateHigh
EV / EBITDA34.4High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity10.9%Fair
WeakFairStrong ▸15%
Return on capital12.7%Fair
WeakFairStrong
Net margin2.4%Thin
ThinDecentStrong
EBITDA margin4.7%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.37Comfortable
LowModerateHigh ▸1
Interest cover5.6×Strong
RiskyOkayStrong ▸5×
Current ratio1.45Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹5,410 cr
Book value
₹88
EPS
₹2.39
latest quarter
Net debt
₹275 cr
owes more than its cash
Enterprise value
₹5,685 cr
EBITDA
₹165 cr
annualised
EBIT
₹139 cr
annualised
Operating margin
3.9%
Return on assets
4.6%
Earnings yield
1.57%
P/S
1.53
Sales / share
₹398.2
Tax rate
24.8%
Face value
₹10
Shares
8.9 cr
Working capital
₹334 cr
Current assets
₹1,076 cr
Current liabilities
₹743 cr
Delivery %
47.2%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹56₹63, midpoint ₹60

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹883 cr
Other Income₹11 cr
Total Income₹894 cr
Cost of Materials₹676 cr
Purchases of Stock-in-Trade₹178 cr
Inventory Change (±)₹-83 cr
Employee Benefit Expense₹20 cr
Finance Costs₹6 cr
Depreciation & Amortisation₹7 cr
Other Expenses₹62 cr
Total Expenses₹865 cr
Profit before Tax₹28 cr
Tax Expense₹7 cr
Share of JV / Associates₹-21.3 L
Net Profit₹21 cr
Net margin on total income2.4%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹771 cr86.2%
Employee benefit expense₹20 cr2.2%
Finance costs₹6 cr0.7%
Depreciation & amortisation₹7 cr0.7%
Other expenses₹62 cr6.9%
Tax expense₹7 cr0.8%
Profit for the period₹21 cr2.4%
Total income ₹894 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue430 cr485 cr883 cr
Total income433 cr503 cr894 cr
Expenses414 cr490 cr865 cr
Profit before tax19 cr14 cr28 cr
Tax7 cr5 cr7 cr
Net profit (owners' share)12 cr22 cr21 cr
Net margin (owners' share, on revenue)2.8%4.6%2.4%
EPS (₹)1.392.562.39
YoY (latest quarter): total income +104.0% · net profit +45.8%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹1,838 cr
Shareholder equity
₹777 cr
parent shareholders
Total debt
₹307 cr
Cash
₹32 cr
Cash flow · H1 FY26
Operating
₹-50 cr
Investing
₹-62 cr
Financing
₹58 cr
Peer comparison
Telecom - Equipment & Accessories · by market value
CompanyPriceMarket capP/E
Sterlite Technologies Limited₹827₹40,545 cr51.3
Tamilnadu Telecommunication Limited₹9₹40,232 cr2.9
ITI Limited₹255₹24,582 cr
Tejas Networks Limited₹524₹9,502 cr
Optiemus Infracom Limitedthis company₹610₹5,410 cr63.8
Birla Cable Limited₹402₹1,205 cr9.8
UMIYA BUILDCON LIMITED₹98₹183 cr188.4
Aksh Optifibre Limited₹8₹130 cr6.9
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹1.5
ex 7 Jun 2023
ActionDetailEx-date
Dividend₹1.5 / share7 Jun 2023
Who owns it · 2026-08-11
2.6% pledged
Promoter
71.4%
FII / Foreign
3.3%
DII / Domestic
2.4%
Retail / others
22.9%
Promoter stake down 1.8% over the last 12 quarters.
Smart-money activity
Bulk / block deals
short · NSE259 Feb 26
short · NSE25 Jan 26
short · NSE13 Dec 25
Promoter pledges
ReleasedTata Capital and Financial Services Private Limited1.18 cr · 17.85% held19 Jul 22
ReleasedTata Capital and Financial Services Private Limited1.18 cr · 17.85% held19 Jul 22
ReleasedN.A.29.60 L · 17.85% held11 May 22
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 18 Dec 2025
See the official result
1
ALTERATION IN OBJECT CLAUSE OF MEMORANDUM OF ASSOCIATION OF THE COMPANY
Backed by 100% of shareholders other than promotersneeded 75%
43.53 L votes for, 386 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 7 named members
owning 71.4% between them · as of 2026-08-11
GRA Enterprises Private Limited42.96%
Renu Gupta8.30%
Ashok Gupta6.38%
Deepesh Gupta5.86%
Neetesh Gupta5.78%
Mukesh Kumar Gupta1.06%
Rekha Gupta1.06%
Business done with them
FY2025 · 4 of the group
The company paid ₹25 cr to companies in the promoter group last year — about 1.3% of its ₹1,890 cr revenue and received ₹50 cr back from them.
Renu Gupta
Contribution received from them · Advance against property , Loans received, Loan Repaid and O/S Advance against property
also owns 8.30% of the company
₹34 cr
company received
Ashok Gupta
Contribution made to them · Director Remuneration, Loans Repaid, Loans Amounts Written Back, loan Taken and O/S Loans received
also owns 6.38% of the company
₹20 cr
company paid
Ashok Gupta
Contribution received from them · Director Remuneration, Loans Repaid, Loans Amounts Written Back, loan Taken and O/S Loans received
also owns 6.38% of the company
₹16 cr
company received
Renu Gupta
Contribution made to them · Advance against property , Loans received, Loan Repaid and O/S Advance against property
also owns 8.30% of the company
₹4 cr
company paid
Ashok Gupta
Other payments to them · Director Remuneration, Loans Repaid, Loans Amounts Written Back, loan Taken and O/S Loans received
also owns 6.38% of the company
₹90 L
company paid
Mukesh Kumar Gupta
Leases As Lessee · Rent Expenses
also owns 1.06% of the company
₹1.6 L
company received
G R A ENTERPRISES PRIVATE LIMITED
Leases As Lessor · Rental Income, Impairment of Advances Given and O/S Trade Receivables
also owns 42.96% of the company
₹1.2 L
company received

The company also transacted with 28 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it
2 fundraises spent differently than promised

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹15 cr raised in Jan 2026 by selling shares to selected investors

As of Jun 2026, the company says it has spent 54% of what it set aside. ICRA LIMITED watches the spending on the exchange’s behalf.

To subscribe to the Equity Shares of Optiemus Electronics Limited, Subsidiary of the Company. The funds raised shall be utilized by the subsidiary for its capital expenditure (Movable & Immovable Capital Assets) and/ or working capital requirements
39%
of what was set aside
To subscribe to the Equity Shares of GDN Enterprises Private Limited, Subsidiary of the Company. The funds raised shall be utilized by the subsidiary for its capital expenditure (Movable & Immovable Capital Assets) and/ or working capital requirements
budget changed
100%
of what was set aside
To subscribe to the Equity Shares of Optiemus Unmanned Systems Private Limited, Subsidiary of the Company. The funds raised shall be utilized by the subsidiary for its capital expenditure (Movable & Immovable Capital Assets) and/ or working capital requirements
budget changed
30%
of what was set aside
To subscribe to the Equity Shares of Bharat Innovative Glass Technologies Private Limited, as its proportionate contribution in Joint Venture cum Subsidiary Company i.e. 70% of its paidup equity-share capital
58%
of what was set aside
To meet working capital requirements of the Company
budget changed
60%
of what was set aside
For General Corporate Purposes
budget changed
36%
of what was set aside

The rupee amounts in this company’s own breakdown don’t add up to the amount it says it raised — a common filing slip, where a table meant to be read in lakhs is entered as whole rupees. Rather than guess which is right, we show only the percentages, which are unaffected.

₹39.7 L raised in Jan 2026 by selling shares to selected investors

As of Mar 2026, the company says it has spent 54% of what it set aside. ICRA LIMITED watches the spending on the exchange’s behalf.

To subscribe to the Equity Shares of Optiemus Electronics Limited, Subsidiary of the Company. The funds raised shall be utilized by the subsidiary for its capital expenditure (Movable & Immovable Capital Assets) and/ or working capital requirements
39%
of what was set aside
To subscribe to the Equity Shares of GDN Enterprises Private Limited, Subsidiary of the Company. The funds raised shall be utilized by the subsidiary for its capital expenditure (Movable & Immovable Capital Assets) and/ or working capital requirements
budget changed
100%
of what was set aside
To subscribe to the Equity Shares of Optiemus Unmanned Systems Private Limited, Subsidiary of the Company. The funds raised shall be utilized by the subsidiary for its capital expenditure (Movable & Immovable Capital Assets) and/ or working capital requirements
budget changed
30%
of what was set aside
To subscribe to the Equity Shares of Bharat Innovative Glass Technologies Private Limited, as its proportionate contribution in Joint Venture cum Subsidiary Company i.e. 70% of its paidup equity-share capital
58%
of what was set aside
To meet working capital requirements of the Company
budget changed
60%
of what was set aside
For General Corporate Purposes
budget changed
36%
of what was set aside

The rupee amounts in this company’s own breakdown don’t add up to the amount it says it raised — a common filing slip, where a table meant to be read in lakhs is entered as whole rupees. Rather than guess which is right, we show only the percentages, which are unaffected.

₹7 cr raised in Jul 2025 by selling shares to selected investors
⚑ company reported a change of plan

As of Sep 2025, the company says it has spent 48% of what it set aside. ICRA Limited watches the spending on the exchange’s behalf.

The preferential issue size was initially reduced from Rs. 43440.73 Lakhs to Rs. 29636.81 Lakhs due to under subscription of warrants and equity. Further the approval of shareholders has been obtained at the AGM of the Company held on 30th September 2025 for modification in deployment of funds amounting to Rs. 29636.81 Lakhs raised through preferential issue of equity shares and fully convertible warrants of the Company for the objects as stated in the Notice of Extra Ordinary General Meeting dated December 12 2024 read with the corrigendum dated December 26 2024. Therefore utilisation of fund against respective object is different from the amount stated in the offer document but in line with change of deployment of funds approved by shareholders resolution on 30th September 2025.the company’s own explanation, as filed · shareholders approved the change
To subscribe to the Equity Shares of Optiemus Electronics Limited, Subsidiary of the Company. The funds raised shall be utilized by the subsidiary for its capital expenditure (Movable & Immovable Capital Assets) and/ or working capital requirements
39%
of what was set aside
To subscribe to the Equity Shares of GDN Enterprises Private Limited, Subsidiary of the Company. The funds raised shall be utilized by the subsidiary for its capital expenditure (Movable & Immovable Capital Assets) and/ or working capital requirements
budget changed
100%
of what was set aside
To subscribe to the Equity Shares of Optiemus Unmanned Systems Private Limited, Subsidiary of the Company. The funds raised shall be utilized by the subsidiary for its capital expenditure (Movable & Immovable Capital Assets) and/ or working capital requirements
budget changed
30%
of what was set aside
To subscribe to the Equity Shares of Bharat Innovative Glass Technologies Private Limited, as its proportionate contribution in Joint Venture cum Subsidiary Company i.e. 70% of its paid-up equity-share capital
58%
of what was set aside
To meet working capital requirements of the Company
budget changed
23%
of what was set aside
For General Corporate Purposes
budget changed
36%
of what was set aside

The rupee amounts in this company’s own breakdown don’t add up to the amount it says it raised — a common filing slip, where a table meant to be read in lakhs is entered as whole rupees. Rather than guess which is right, we show only the percentages, which are unaffected.

₹41 cr raised in Jul 2025 by selling shares to selected investors
⚑ company reported a change of plan

As of Sep 2025, the company says it has spent 48% of what it set aside. ICRA Limited watches the spending on the exchange’s behalf.

The preferential issue size was initially reduced from Rs. 43440.73 Lakhs to Rs. 29636.81 Lakhs due to under subscription of warrants and equity. Further the approval of shareholders has been obtained at the AGM of the Company held on 30th September 2025 for modification in deployment of funds amounting to Rs.29636.81 Lakhs raised through preferential issue of equity shares and fully convertible warrants of the Company for the objects as stated in the Notice of Extra Ordinary General Meeting dated December 12 2024 read with the corrigendum dated December 26 2024. Therefore utilisation of fund against respective object is different from the amount stated in the offer document but in line with change of deployment of funds approved by shareholders resolution on 30th September 2025.the company’s own explanation, as filed · shareholders approved the change
To subscribe to the Equity Shares of Optiemus Electronics Limited, Subsidiary of the Company. The funds raised shall be utilized by the subsidiary for its capital expenditure (Movable & Immovable Capital Assets) and/ or working capital requirements
39%
of what was set aside
To subscribe to the Equity Shares of GDN Enterprises Private Limited, Subsidiary of the Company. The funds raised shall be utilized by the subsidiary for its capital expenditure (Movable & Immovable Capital Assets) and/ or working capital requirements
budget changed
100%
of what was set aside
To subscribe to the Equity Shares of Optiemus Unmanned Systems Private Limited, Subsidiary of the Company. The funds raised shall be utilized by the subsidiary for its capital expenditure (Movable & Immovable Capital Assets) and/ or working capital requirements
budget changed
30%
of what was set aside
To subscribe to the Equity Shares of Bharat Innovative Glass Technologies Private Limited, as its proportionate contribution in Joint Venture cum Subsidiary Company i.e. 70% of its paid-up equity-share capital
58%
of what was set aside
To meet working capital requirements of the Company
budget changed
23%
of what was set aside
For General Corporate Purposes
budget changed
36%
of what was set aside

The rupee amounts in this company’s own breakdown don’t add up to the amount it says it raised — a common filing slip, where a table meant to be read in lakhs is entered as whole rupees. Rather than guess which is right, we show only the percentages, which are unaffected.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.