Artificial Electronics Intelligent Material Ltd (526443)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Artificial Electronics' revenue was ₹50.3 Cr (+618.3% year on year, +9.3% on the previous quarter), and net profit ₹12.5 Cr; the operating margin was 33.9%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹50.3 | +618.3% | +9.3% |
| Operating profit | ₹17.1 | — | +6.6% |
| Net profit | ₹12.5 | — | +4.4% |
| EPS (₹) | 4.53 | — | +4.6% |
| Operating margin | 33.9% | — | — |
📢 Recent Corporate Announcements
Artificial Electronics Intelligent Material Ltd has notified the exchange regarding the closure of its Share Transfer Books and Register of Members. The book closure will remain in effect from September 4, 2026, to September 11, 2026 (both days inclusive) for its upcoming 34th Annual General Meeting (AGM). The cut-off date to determine shareholders eligible for participating in e-voting has been fixed as September 4, 2026, while August 14, 2026, was set for dispatching AGM notices.
- Book closure period scheduled from 4th September, 2026 to 11th September, 2026 (both days inclusive).
- Cut-off date for AGM e-voting eligibility fixed as 4th September, 2026.
- Cut-off date for dispatch of 34th AGM notice set as 14th August, 2026.
- Corporate action conducted pursuant to Regulation 42 of SEBI LODR Regulations, 2015.
Artificial Electronics Intelligent Material Ltd has issued notice for its 34th Annual General Meeting (AGM) scheduled for September 11, 2026. The key agenda items include approval of material Related Party Transactions (RPT) of up to ₹500 crore with Polymatech Electronics Limited and up to ₹100 crore with AIMOTO Works Private Limited. Additionally, the company seeks adoption of FY26 financial statements and the reappointment of director Mr. Eswara Rao Nandam.
- 34th AGM scheduled for Friday, 11th September 2026 at 3:00 PM IST via VC/OAVM
- Proposed material Related Party Transaction with M/s Polymatech Electronics Limited for up to ₹500 crore
- Proposed material Related Party Transaction with M/s AIMOTO Works Private Limited for up to ₹100 crore
- Ordinary business includes adoption of FY26 standalone and consolidated financials
Artificial Electronics Intelligent Material Ltd has submitted its FY 2025-26 Annual Report and scheduled its 34th AGM for September 11, 2026. Key special business items include shareholder approval for material related-party transactions up to Rs 500 Crore with Polymatech Electronics Limited and up to Rs 100 Crore with AIMOTO Works Private Limited. These proposed limits are very large relative to the company's net worth of Rs 122 Crore.
- 34th Annual General Meeting scheduled for September 11, 2026, through video conferencing.
- Proposed approval for Material Related Party Transactions up to Rs 500 Crore with Polymatech Electronics Limited.
- Proposed approval for Material Related Party Transactions up to Rs 100 Crore with AIMOTO Works Private Limited.
- Re-appointment of Mr. Eswara Rao Nandam as Director retiring by rotation.
Artificial Electronics Intelligent Material Ltd (formerly Datasoft Application Software) reported a consolidated revenue of ₹50.28 Cr for Q1 FY27, a massive 645% increase from ₹6.75 Cr in Q1 FY25. Net profit surged to ₹12.53 Cr for the quarter, compared to just ₹0.61 Cr in the year-ago period, reflecting the successful transition to semiconductor material manufacturing. Sequentially, revenue grew 9.3% from ₹46.01 Cr in March 2026, indicating sustained momentum. The company is maintaining high profitability with a net margin of approximately 25% as it scales its operations in Tamil Nadu.
- Consolidated Revenue from Operations reached ₹50.28 Cr, a 645% increase over the ₹6.75 Cr reported in June 2025.
- Net Profit for the quarter stood at ₹12.53 Cr, up significantly from ₹0.61 Cr YoY.
- Basic EPS for the quarter improved to ₹4.53 from ₹0.36 in the corresponding previous year quarter.
- Cost of materials consumed was ₹21.88 Cr, reflecting the shift to a manufacturing-intensive business model.
- The company is now operating at an annualized revenue run rate of over ₹200 Cr, compared to FY25 annual revenue of ₹26 Cr.
Artificial Electronics Intelligent Material Ltd (AEIM) reported a strong Q1 FY27 with consolidated revenue of ₹50.28 Cr, a 645% increase from ₹6.75 Cr in the same quarter last year. Net profit surged to ₹12.53 Cr from ₹0.61 Cr YoY, reflecting the successful pivot from software to the semiconductor materials segment. Operating margins remain robust with a Profit Before Tax of ₹16.82 Cr (33.4% margin). The company is successfully scaling its new focus on Silicon Carbide and Sapphire wafers.
- Consolidated Revenue from Operations reached ₹50.28 Cr, representing a 9.3% growth over the preceding March 2026 quarter.
- Net Profit for the quarter stood at ₹12.53 Cr, a massive jump from ₹0.61 Cr in June 2025.
- Basic Earnings Per Share (EPS) improved to ₹4.53 for the quarter, compared to ₹0.36 in the year-ago period.
- Cost of materials consumed was ₹21.88 Cr, which is approximately 43.5% of the total revenue from operations.
- Paid-up equity share capital remains at ₹27.67 Cr with a face value of ₹10 per share.
Artificial Electronics Intelligent Material Ltd (AEIM) reported a massive surge in Q1 FY27 performance, with consolidated revenue reaching ₹50.28 Cr compared to ₹6.75 Cr in the year-ago period. Net profit followed suit, jumping to ₹12.53 Cr from just ₹0.61 Cr in Q1 FY26. This growth reflects the company's successful pivot from software services to semiconductor material manufacturing. The company now operates as a single-segment manufacturing entity, with Q1 revenue already representing 33.5% of its total TTM revenue.
- Consolidated revenue from operations grew 645% YoY to ₹50.28 Cr.
- Net profit increased over 20x YoY to ₹12.53 Cr from ₹0.61 Cr.
- Cost of materials consumed stood at ₹21.88 Cr, indicating a shift to a material-heavy manufacturing model.
- Basic EPS for the quarter rose to ₹4.53, compared to ₹0.36 in the previous year's corresponding quarter.
- Paid-up equity share capital remains at ₹27.67 Cr with a face value of ₹10 per share.
Artificial Electronics Intelligent Material Ltd (AEIM) reported a robust Q1 FY27, with revenue surging to ₹50.01 Cr from ₹6.75 Cr in the year-ago period, a 640% increase. Net profit followed suit, rising nearly 20-fold to ₹12.51 Cr compared to ₹0.61 Cr in Q1 FY26. The company maintained strong operating margins at approximately 33.6%, consistent with its strategic pivot into semiconductor materials. Additionally, the board confirmed no deviations in the utilization of funds raised through preferential issues in 2024 and 2025.
- Revenue from operations grew 640.9% YoY to ₹50.01 Cr in Q1 FY27.
- Net profit surged to ₹12.51 Cr, representing a 1,967% increase over the ₹0.61 Cr reported in Q1 FY26.
- Basic EPS for the quarter improved significantly to ₹4.52 from ₹0.36 YoY.
- Total expenses stood at ₹33.64 Cr, with cost of materials consumed being the largest component at ₹21.88 Cr.
- Confirmed zero deviation in the use of proceeds from preferential issues dated Oct 19, 2024, and Nov 17, 2025.
Artificial Electronics Intelligent Material Ltd (AEIM) reported a robust Q1 FY27 with revenue from operations at ₹50.01 Cr, a 640% increase from ₹6.75 Cr in Q1 FY26. Net profit surged to ₹12.51 Cr from ₹0.61 Cr YoY, maintaining the momentum from the previous quarter (₹11.97 Cr). The results reflect the company's strategic shift from software to semiconductor materials like Silicon Carbide and Sapphire wafers. The board also reconstituted key committees and set the AGM for September 11, 2026.
- Revenue from operations reached ₹50.01 Cr in Q1 FY27, up from ₹6.75 Cr in Q1 FY26.
- Net profit for the quarter stood at ₹12.51 Cr, a significant increase from ₹0.61 Cr YoY.
- Profit before tax margin remained healthy at 33.6% with PBT of ₹16.79 Cr.
- Basic EPS for the quarter improved to ₹4.52 compared to ₹0.36 in the previous year's corresponding quarter.
- The company scheduled its 34th Annual General Meeting for September 11, 2026.
Artificial Electronics Intelligent Material Ltd (AEIM) reported a massive surge in its Q1 FY27 performance, with standalone revenue reaching ₹50.01 Cr compared to just ₹6.75 Cr in Q1 FY26. Net profit followed this trajectory, rising to ₹12.51 Cr from ₹0.61 Cr YoY, reflecting the successful pivot from software to semiconductor materials. The company maintained strong profitability with an operating profit before tax of ₹16.79 Cr. Additionally, the board reconstituted key committees and scheduled the 34th AGM for September 11, 2026.
- Revenue from operations grew 640.8% YoY to ₹50.01 Cr in Q1 FY27.
- Net profit increased over 20x to ₹12.51 Cr from ₹0.61 Cr in the year-ago period.
- Basic EPS improved significantly to ₹4.52 for the quarter, compared to ₹0.36 in Q1 FY26.
- Operating profit before tax stood at ₹16.79 Cr, representing a 33.6% margin on total revenue.
- The company confirmed no deviations in the use of proceeds from its previous preferential issues of equity and warrants.
Artificial Electronics Intelligent Material Ltd has scheduled a board meeting for August 13, 2026, to approve its unaudited financial results for the quarter ended June 30, 2026. This follows a significant growth year in FY26 where revenue surged to ₹150 Cr from ₹26 Cr in FY25, driven by a strategic pivot into semiconductor materials. Investors will be monitoring if the company maintains its high operating margin of 32.7% and continues its transition from job work to full-scale manufacturing. The company currently trades at a P/E of 5.6 with a market capitalization of ₹207 Cr.
- Board meeting scheduled for August 13, 2026, to approve Q1 FY27 results.
- Company reported a TTM revenue of ₹150 Cr and TTM PAT of ₹37 Cr.
- Operating Profit Margin (OPM) stands at 32.7% as per latest TTM data.
- Promoter holding was recorded at 24.98% as of March 2026.
Financial Performance
Revenue Growth by Segment
The company operates in a single segment, Software Products, which contributed 100% of revenue. However, the business model is transitioning; during Q1 FY25, activities were software development, which then shifted to job work in Sapphire, Silicon Carbide, and Silicon Ingots/Wafers. Specific percentage growth for these sub-activities is not disclosed.
Geographic Revenue Split
Not disclosed in available documents, though operations are centered in Tamil Nadu, India.
Profitability Margins
The company reported a loss and total comprehensive income for the financial year ended March 31, 2025. Specific gross, operating, and net margin percentages are not disclosed.
Capital Expenditure
The company has identified land in Tamil Nadu to commence manufacturing operations for semiconductor parts. To fund operations and growth, the company allotted 15,834,000 equity shares on a preferential basis to promoters and non-promoters on October 19, 2024, for cash consideration.
Operational Drivers
Raw Materials
Specific raw materials include Sapphire Ingots, Silicon Carbide Ingots, and Silicon Ingots used for wafer job work. The percentage of total cost for each is not disclosed.
Import Sources
The company notes a reliance on imports for raw materials and certain components, though specific countries are not named.
Capacity Expansion
The company currently performs job work in ingots and wafers. It has identified land in Tamil Nadu to establish a manufacturing facility for semiconductor parts to transition from job work to full-scale production.
Raw Material Costs
Raw material costs are cited as a significant challenge due to high initial investment costs and reliance on imports. Specific YoY cost change percentages are not disclosed.
Strategic Growth
Growth Strategy
The company is executing a major strategic pivot from software development to the semiconductor materials industry. This involves a name change to Artificial Electronics Intelligent Material Limited and the acquisition of land in Tamil Nadu for manufacturing semiconductor parts. Growth is being funded through a preferential allotment of 15,834,000 equity shares and a shift toward high-demand sectors like Silicon Carbide and Sapphire wafers, supported by the Indian government's PLI and 'Make in India' initiatives.
Products & Services
Software products, job work services for Sapphire Ingots and Wafers, Silicon Carbide Ingots and Wafers, and Silicon Ingots and Wafers. Planned products include manufactured semiconductor parts.
New Products/Services
Manufacturing of semiconductor parts and expanded wafer production are expected to be the primary future revenue drivers.
Market Expansion
The company is expanding its physical footprint by setting up manufacturing operations in Tamil Nadu to serve the growing domestic electronics market.
External Factors
Industry Trends
The Indian electronics sector is growing rapidly, driven by a shift toward smart electronics, IoT, and AI-driven analytics. The industry is evolving from traditional in-person engagement to virtual multi-point engagement, and the company is positioning itself to capture the 'Atmanirbhar Bharat' push for domestic semiconductor fabrication.
Competitive Landscape
The company faces competition from both traditional and new vendors globally as the industry shifts toward granular, cloud-based purchasing.
Competitive Moat
The company's moat is being built on its transition into the niche semiconductor material space (Silicon Carbide/Sapphire), which has high entry barriers due to high initial investment costs and technical complexity. This is sustained by alignment with national strategic manufacturing goals.
Macro Economic Sensitivity
The company is highly sensitive to government fiscal policies, specifically the Production Linked Incentive (PLI) scheme and the National Policy on Electronics (NPE) 2019, which aim to reduce import dependency.
Consumer Behavior
Preference for subscription-based models and virtual engagement is disrupting traditional sales cycles in the software and electronics sectors.
Geopolitical Risks
Reliance on imports for raw materials and components exposes the company to risks from international trade tensions and potential import restrictions.
Regulatory & Governance
Industry Regulations
Operations are governed by the Companies Act 2013, SEBI (LODR) Regulations 2015, and the National Policy on Electronics (NPE) 2019. The company must comply with infrastructure standards for Electronics Manufacturing Clusters (EMC 2.0).
Environmental Compliance
The company is subject to the Factories Act, 1948, and acts prescribed under prevention and control of pollution and environmental protection.
Legal Contingencies
The company was noted for non-compliance with SEBI Circular No: SEBI / HO / DDHS / DDHS - RACPOD1 / P / CIR / 2023 / 172 regarding the non-filing of Annual Disclosures of Non-applicability of Large Corporate for FY 2023-24.
Risk Analysis
Key Uncertainties
The primary business risk is the high capital intensity and technological gap in the semiconductor industry, which could impact the success of the manufacturing transition by 25-30% if execution is delayed.
Geographic Concentration Risk
Operations and planned manufacturing are concentrated in Tamil Nadu, India.
Third Party Dependencies
There is a high dependency on third-party international suppliers for raw materials and specialized components.
Technology Obsolescence Risk
The electronics and software sectors are subject to rapid technological shifts; failure to adapt to AI and IoT trends poses a significant risk to long-term viability.
