The shares of this equipment distributor are back in focus by jumping over 15 percent on Wednesday, after the company announced that it has inked a deal with smartphone giant OnePlus. In this article, we will discuss more about the details of this partnership.
With a market capitalization of Rs 5,888 crores, the shares of Optiemus Infracom Ltd are currently trading at Rs 675 per share, representing a 22.74 percent decline from its 52-week high of Rs 873.65 per share. Over the past five years, the stock has delivered an impressive return of 2,688 percent.
OnePlus has partnered with Optiemus Electronics Ltd. (OEL) to manufacture premium Internet of Things (IoT) devices in India, further solidifying its long-term commitment to the Indian market. This partnership also advances the government’s Make in India vision and aligns with OnePlus’ Project Starlight, which aims to strengthen localisation in the region.
This partnership means that OnePlus has begun local production of its IoT product range, including true wireless stereo (TWS) earbuds and wireless neckbands, at OEL’s manufacturing site in Noida. Each of these IoT devices aims to provide the OnePlus experience at all pricing segments while answering the varying needs of Indian consumers.
As OnePlus’ primary manufacturing partner, OEL allows OnePlus to increase BOM-level localisation, reduce costs, and improve supply chain resilience. The partnership began with the OnePlus Bullets Wireless Z3, a popularly priced neckband device featuring ultra-low latency, exciting bass, and an incredible feel.
Financial Highlights
The company reported a revenue of Rs 1,890 crore in FY25, up by 23.69 percent from its FY24 revenue of Rs 1,528 crores. Additionally, it reported a net profit increase of 10.52 percent to Rs 63 crore in FY25 from Rs 57 crore in FY24.
The stock delivered an ROE and ROCE of 11.60 percent and 14.41 percent respectively, and is currently trading at a P/E of 92.26x as compared to its industry peers of 26.28x.
Optiemus Infracom Limited is a diversified telecom business mainly involved in trading as well as the manufacturing of mobile handsets and accessories, mainly for third-party brands. It operates under the Telecommunications–Mobile Handset and Accessories segment.
Written by Satyajeet Mukherjee
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