Highness Microelectronics' profit jumps 67% on H2 margin surge
The newly listed SME's second-half profit of ₹3.18 crore reversed a first-half loss, with EBITDA margins hitting 55.3%.
— 1 earlier story on Highness Microelectronics Ltd. →What's new
- FY26 net profit rose 67% to ₹4.10 crore on 15% revenue growth to ₹16.12 crore.
- Second half delivered a ₹3.18 crore profit, reversing a first-half loss.
- The company reiterated its strategic alliance with US defence PCB maker Axiom Manufacturing.
Why this matters
For a nano-cap that listed in April 2026, this first set of results matters more than most. The 67% profit jump on 15% revenue growth shows the business model is scaling faster than the top line. The Axiom tie-up, if it generates orders, could be the next catalyst.
What we're watching
- Whether H2's 55.3% EBITDA margin is sustainable or a one-off mix benefit.
- Order flow from the Axiom Manufacturing alliance for defence/aerospace PCBs.
- Revenue progression in Q1 FY27 as a post-listing benchmark.
The full read
Highness Microelectronics delivered a strong first set of results since its April 2026 listing. FY26 revenue grew 15% to ₹16.12 crore, but profit surged 67% to ₹4.10 crore. The real story is the second half. After a small loss in H1, the company posted a ₹3.18 crore profit in H2, with EBITDA margins hitting 55.3%. That margin is huge. For a nano-cap with a ₹70 crore market capitalisation, it suggests the business model can generate cash as it scales. The Axiom Manufacturing alliance is a repeat mention. The open question is whether it converts to orders.
Questions answered
- How did Highness turn its second half around?
- The company swung from a small loss in H1 FY26 to a ₹3.18 crore profit in H2, driven by a 46% YoY revenue increase and EBITDA margins that expanded to 55.3%.
- What is the Axiom Manufacturing alliance?
- It is a strategic partnership with a US-based designer of high-end PCBs for defence and aerospace. The company first announced the agreement earlier in FY26 and reiterated it with the results.
- How do these results compare to the company's listing?
- Highness listed on BSE SME in April 2026. This is its first full-year result as a public company, showing ₹16.12 crore in revenue and a ₹4.10 crore net profit.
- What drove the profit growth?
- A 67% rise in net profit to ₹4.10 crore outpaced the 15% revenue growth to ₹16.12 crore. The company cited improved operating and a favourable product mix as the drivers.
Story so far
All notes on HIGHNESS →- 2 Jun 2026 · 6:58 PM IST Highness Microelectronics' profit jumps 67% on H2 margin surge
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