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Earnings Call

Osel Devices Earnings Call: Key Takeaways

Osel Devices (FY26) is a multi-vertical electronics/medtech firm specializing in LED displays, hearing aids, and Philips-licensed mobile devices, focusing on vertical integration and high-margin clinic expansion.

Why this was an Alfa AlertNot a filter event. Presentation covers strategy and market opportunity without a specific guidance beat comparison.
Highlights
Revenue growthMix: 42% Hearing Aids, 41% LED, 17% Mobile.
MarginsHigher margins in Hearing Aids vs moderate in LED/Mobile.
Order book300+ live CMS locations; 1 Lakh+ targeted.
Demand visibilityStrong headroom in under-penetrated Indian hearing aid market (<3% adoption).
Management confidenceHigh; leveraging vertical integration and Philips brand licensing.

Growth

Hearing aids (42% revenue share) and LED displays (41%) are primary drivers; mobile phones contributed 17%.

Outlook

Targeting 4.55L unit sales for mobile in H2FY26; commercializing JNPA SEZ manufacturing hub from April 2027.

Risks

Audiologist shortage in India (1:500,000 ratio) and significant competition in the mass-market smartphone segment.

Source

Earnings Call filed with NSE, NSE: OSELDEVICE. Summary written with AI assistance from the document.

Read the document ↗

Osel Devices Limited: key numbers

Share price
₹385.90
Market cap
₹686.7 Cr
Revenue (annual)
₹292.7 Cr
Net profit (annual)
₹29.21 Cr
P/E (TTM)
23.5×Sector 45.9×
Promoter holding
64.84%-0.37% QoQ
FII holding
0.18%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Annual General Meeting

Osel Devices Annual General Meeting

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Value
₹50.00 Cr
Execution
FY 2026-27