Synopsis: IZMO Ltd shares hit the upper circuit after its subsidiary was named a key partner in a national Silicon Photonics project, boosting sentiment around its role in India’s semiconductor and advanced technology ecosystem.
The shares of this technology-driven company that provides digital solutions primarily to the automotive industry, including website platforms, online marketing tools, and virtual retail solutions are in the spotlight after it hit 5% upper circuit in today’s session following its subsidiary being named a key partner in a national Silicon Photonics project.
With a market capitalisation of Rs. 1,095 cr, the shares of IZMO Ltd were trading at Rs. 735 per share, hitting 5% upper circuit in today’s market session, making a high of Rs. 739.80, up from its previous close of Rs. 704.60 per share.
What’s the news
IZMO Ltd announced that its wholly owned subsidiary, izmo Microsystems, has been recognised as the official Photonic IC packaging partner in a landmark national Silicon Photonics initiative led by IIT Madras under the Ministry of Electronics & IT. This collaboration is part of a broader effort to strengthen India’s capabilities in advanced semiconductor technologies and achieve greater self-reliance in high-performance computing and communication systems.
The project, driven by the Centre for Programmable Photonic Integrated Circuits and Systems (CPPICS), marks a significant milestone in India’s push toward silicon photonics technology sovereignty. It includes the development of key solutions such as a Silicon Photonics Process Design Kit (PDK) and a Universal Programmable Photonic IC Test Engine, which will serve as shared infrastructure for research institutions, startups, and industry players.
Izmo Microsystems will contribute its expertise in sub-micron precision packaging, a critical component that enables the transition of photonic chip designs into real-world applications. The initiative follows a Product Research, Development, and Manufacturing (PRDM) model, with global collaboration including SilTerra Malaysia as the foundry partner, positioning India within the global semiconductor value chain.
Overall, the development strengthens izmo’s role in emerging technologies like AI, high-speed data transmission, and secure communications, while aligning with the government’s “Make in India” and semiconductor mission initiatives aimed at building a robust domestic ecosystem.
About the company
IZMO Ltd is a technology-driven company that provides digital solutions primarily to the automotive industry, including website platforms, online marketing tools, and virtual retail solutions for dealers and OEMs.
In addition to its core automotive tech business, the company has been expanding into advanced engineering through its subsidiary izmo Microsystems, focusing on semiconductor packaging and silicon photonics, positioning itself in emerging high-tech segments like AI and next-generation communications.
It reported steady performance in Q3FY26, with total income from operations rising slightly to Rs. 59.11 crore from Rs. 58.67 crore, up 0.75% year-on-year. The company saw strong profitability growth, with EBITDA surging 70% YoY to Rs. 14.08 crore from Rs. 8.28 crore, while EBITDA margins expanded significantly to 23.81%.
Profit before tax increased 85.2% to Rs. 11.94 crore, and net profit jumped 93.1% to Rs. 11.70 crore, reflecting improved operational efficiency and cost control. Earnings per share also nearly doubled to Rs. 7.83, supported by disciplined cost optimisation, growing client additions in key global markets, and a robust order pipeline in its silicon photonics business.
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