Highness Microelectronics Ltd
Incorporated in 2007, Highness Microelectronics Limited is an ISO certified company that designs, develops, assembles, and manufactures digital imaging solutions.[1]
- Market Cap ₹ 72.6 Cr.
- Current Price ₹ 141
- High / Low ₹ 185 / 108
- Stock P/E 17.7
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 27.4 %
- ROE 24.3 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 35.5%
- Company's working capital requirements have reduced from 111 days to 79.9 days
Cons
- Company has high debtors of 235 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Manufacturing Industrial Products
Part of BSE SME IPO
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 3.10 | 6.94 | 9.66 | 10.70 | 14.07 | 16.12 | |
| 2.61 | 6.24 | 6.53 | 4.72 | 9.45 | 9.50 | |
| Operating Profit | 0.49 | 0.70 | 3.13 | 5.98 | 4.62 | 6.62 |
| OPM % | 15.81% | 10.09% | 32.40% | 55.89% | 32.84% | 41.07% |
| 0.04 | 0.11 | 0.23 | 0.29 | 0.10 | 0.80 | |
| Interest | 0.35 | 0.33 | 0.25 | 0.20 | 0.53 | 1.03 |
| Depreciation | 0.13 | 0.09 | 2.48 | 2.91 | 0.93 | 1.04 |
| Profit before tax | 0.05 | 0.39 | 0.63 | 3.16 | 3.26 | 5.35 |
| Tax % | 40.00% | 33.33% | 31.75% | 25.00% | 24.23% | 23.18% |
| 0.03 | 0.26 | 0.43 | 2.37 | 2.47 | 4.10 | |
| EPS in Rs | 30.00 | 260.00 | 430.00 | 2,370.00 | 7.04 | 7.94 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 39% |
| 3 Years: | 19% |
| TTM: | 15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 167% |
| 3 Years: | 112% |
| TTM: | 66% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 34% |
| 3 Years: | 35% |
| Last Year: | 24% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 0.01 | 3.51 | 5.16 |
| Reserves | 1.11 | 1.37 | 1.69 | 4.06 | 3.03 | 22.00 |
| 2.29 | 1.77 | 1.36 | 1.38 | 4.93 | 7.95 | |
| 1.71 | 2.12 | 1.72 | 2.75 | 2.83 | 10.77 | |
| Total Liabilities | 5.12 | 5.27 | 4.78 | 8.20 | 14.30 | 45.88 |
| 0.30 | 0.21 | 1.38 | 1.36 | 2.28 | 3.35 | |
| CWIP | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 4.81 | 5.05 | 3.40 | 6.84 | 12.02 | 42.53 | |
| Total Assets | 5.12 | 5.27 | 4.78 | 8.20 | 14.30 | 45.88 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 0.09 | 0.91 | 2.92 | 0.33 | 4.70 | ||
| 0.00 | 0.00 | -2.81 | -1.85 | -2.06 | ||
| -0.07 | -0.84 | 0.11 | 1.37 | 19.05 | ||
| Net Cash Flow | 0.02 | 0.06 | 0.22 | -0.15 | 21.69 | |
| Free Cash Flow | 0.09 | 0.91 | 0.11 | -1.52 | 2.59 | |
| CFO/OP | 18% | 130% | 49% | 7% | 73% |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 3.53 | 0.00 | 0.76 | 5.12 | 108.96 | 234.80 |
| Inventory Days | 144.74 | 1,178.52 | 474.08 | 949.68 | ||
| Days Payable | 52.44 | 170.13 | 92.30 | 505.82 | ||
| Cash Conversion Cycle | 3.53 | 0.00 | 93.05 | 1,013.51 | 490.74 | 678.66 |
| Working Capital Days | 71.82 | 39.45 | 1.51 | 93.13 | 160.32 | 79.93 |
| ROCE % | 21.95% | 28.34% | 77.09% | 44.80% | 27.39% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
19h - FY26 PAT rose 67% to ₹410.40 lakh; revenue rose 15% to ₹1,611.92 lakh; alliance signed with Axiom.
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 1d
-
Announcement under Regulation 30 (LODR)-Change in Management
30 May - Board approved FY2026 standalone audited results; appointed internal/secretarial auditors; Ms. Gouri Apoorva becomes CS from 25 June 2026.
-
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
30 May - Board approved FY26 audited results, unmodified audit opinion, new auditors, and CS change effective 24-25 June 2026.
-
Announcement under Regulation 30 (LODR)-Change in Management
30 May - Board approved FY26 audited results, unmodified audit opinion, and appointed new Company Secretary from 25 June 2026.
Business Profile:[1]
The company is engaged in the design, development, integration, assembly, and manufacturing of digital imaging solutions, operating across two segments — off-the-
shelf products and market-specific, project-based solutions.