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izmo hits the roof after subsidiary enters defence sector as advanced semiconductor packaging partner

09-Mar-26   14:51 Hrs IST

Shares of izmo were locked in 5% upper circuit at Rs 709.40 after the company announced that its semiconductor subsidiary izmo Microsystems has made an entry into India's defence electronics value chain, positioning itself as a provider of advanced semiconductor packaging solutions for mission-critical defence systems.

The company's technology capabilities are aimed at supporting high-reliability electronics used in radar and sensing platforms, RF and microwave modules for electronic warfare and communications, avionics for airborne platforms, and electronics used in precision-guided systems.

The initiative leverages izmomicro's advanced semiconductor packaging capabilities, including silicon photonics integration, RF and microwave packaging, and hermetic packaging designed for aerospace and defence environments.

By targeting high-complexity defence electronics where domestic capability remains limited, the company aims to participate in India's growing push for indigenous defence manufacturing and localisation of critical semiconductor technologies.

izmo is a global provider of automotive digital retail solutions. It operates three synergistic divisions ' izmomicro, which offers semiconductor packaging and design solutions; izmocars, which delivers automotive content, digital retail platforms, and virtual reality; and FrogData, which provides AI-driven analytics and decision-making tools for automotive dealerships.

The company's consolidated net profit jumped 93.07% to Rs 11.70 crore on a 0.75% increase in revenue to Rs 59.11 crore in Q3 FY26 as compared with Q3 FY25.

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