ALFA Finder| Margins | SiPh line yields 15-25% lower development costs and 50% faster TTM. |
|---|---|
| Demand visibility | Strong; 45% YoY datacom growth driven by AI cluster build-outs. |
| Management confidence | High; citing 10+ year delivery record in specialty packaging. |
Growth
SaaS base serves 3,000+ dealers globally. Management targets the $10B+ Silicon Photonics market with India's first integrated SiPh line.
Outlook
Product roadmap includes 400G (FY28), 800G (FY28-30), and 1.6T (FY30+) optical transceivers. Expansion is funded by SaaS recurring revenue.
Risks
High-complexity manufacturing execution risks and long qualification cycles (18-24 months) for defense and industrial customers.
Last quarter's promises, checked
Delivered
- Guided 25-30% revenue growth → delivered 9.8% H1 (9% overall) (= MISS)
- Targeted 20-25% EBITDA margin → delivered 23.4% H1 (= BEAT)
- Projected IzmoMicro breakeven FY26 → on track with INR 25cr target (= BEAT)
Partly delivered
- Order book INR 25cr → reached INR 50cr (execution over 9 months) (= PARTIAL)
- INR 200cr packaging expansion → fundraise and machinery lead times pending (= PARTIAL)
Missed
- Guided 35% EBITDA margin for FY26 → revised to 20-25% (= MISS)
- Targeted 25-30% overall revenue growth → 9.8% H1 growth (= MISS)
Earnings Call filed with BSE, NSE: IZMO. Summary written with AI assistance from the document.
IZMO Ltd: key numbers
- Share price
- ₹860.85
- Market cap
- ₹1,290 Cr
- Revenue (annual)
- ₹284.9 Cr
- Net profit (annual)
- ₹47.56 Cr
- P/E (TTM)
- 24.0×Sector 23.6×
- Promoter holding
- 34.75%-0.04% QoQ
- FII holding
- 3.27%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from IZMO Ltd
All →IZMO Board Meeting Date
IZMO Ltd schedules a November 13, 2026 board meeting for Q2 results and ESOP matters. Trading window stays closed until 48 hours after outcome declaration.
IZMO Business Update
izmo Microsystems completed development and defence qualification of an indigenous Pitch Detector for military avionics. The milestone showcases in-house semiconductor packaging and defence electronics capabilities.
IZMO Promoter Buying (Off-Market)
IZMO Ltd disclosed inter-se promoter transfers via gifts among family members. The filing provides updated shareholding details following these internal promoter group transactions.
IZMO Other Announcement
IZMO Limited has appointed 'Go India Advisors LLP' to provide Investor Relations Management Services. This is a routine administrative appointment.
IZMO Partnership
izmo Microsystems signed an MoU with IIT Madras for a ₹99.94 Crore silicon photonics program. The five-year initiative targets 1.6 Tbps optical transceivers for AI infrastructure.
- Value
- ₹99.94 Cr
- Execution
- 5 years
IZMO Annual General Meeting
Izmo Ltd held its 31st Annual General Meeting on September 25, 2026. Shareholders considered financial statements, director re-appointments, and voluntary delisting from Calcutta Stock Exchange.