Optiemus infracom Bse code 530135
India's Foxcon in making Optiemus infracom
Best and profitable business
The company was involved in distribution of Samsung mobiles however due to drop in sales for Samsung and low margin in distribution company, they decided to manufacture handsets in India .
They have tied up with wistron the fortune 500 company, who manufactures mobile for Apple, Google etc.
Best part is that the company got breakeven within the 1st month of manufacturing mobile.
One can refer to
The margin on manufacturing would be around 12-18% as compared to 2% earned earlier as they would be also making PCB printed circuit board.
The results from manufacturing would be announced in September quarter. The share price is expected to be big in Future.
Initially company have capacity of 6 lakhs handset per month which is expected to grow around 10 Lacs by end of March 2017 and 20 lacs by mid of 2018.
HTC, Oppo, one plus and LG
Besides manufacturing they also have a plan for single service center for all major mobile brands.
One can refer to management speak below
It is a matter of great pride for us to actively contribute to the growing manufacturing ecosystem in the country. Embarking on this new journey, we intend to emerge as one of the top three contract manufacturers in the country in the next years. Our collective expertise in design, manufacturing, distribution, retail and after sales services will provide a holistic solution for brands in India.
Soon company will also be exporting mobiles from India .
Company Subsidaries & Business
Promoter holding 75%