Multibagger semiconductor company bagged an order worth Rs 568 crore from the Centre for Development of Advanced Computing, complete details inside!

The company’s shares have delivered an impressive multibagger returns of over 5,000 per cent to its shareholders.

In a significant stride towards bolstering India's presence in the global semiconductor arena, this Hyderabad-based company specializing in Semiconductor, Software, and System design solutions, has secured a landmark contract worth Rs 509.37 crore from the Centre for Development of Advanced Computing (CDAC). This notable contract entails the development of a cutting-edge high-performance computing (HPC) System on a Chip (SoC) utilizing state-of-the-art 5nm technology, heralding a new era of technological advancement.

MosChip Technologies Ltd is a semiconductor and system design company focusing on Turnkey ASICs, Mixed Signal IP, semiconductor and product engineering, and IoT solutions catering to aerospace and defense, consumer electronics, automotive, medical, networking, and telecommunications.

Project Overview:

The scope of the contract encompasses the design, development, and delivery of an HPC SoC based on the revolutionary 5nm process node. This ambitious project is poised to catapult India to the forefront of semiconductor innovation, significantly augmenting the nation's capabilities in advanced high-performance computing and microelectronics.

Project Highlights:

• Contract Value: The contract is valued at Rs 509.37 crore, with an additional provision of Rs 58 crore for re-spin, totalling Rs 568 crore.
• Technology: Leveraging the 5nm process node, which represents a quantum leap in semiconductor manufacturing, the project promises enhanced performance, energy efficiency, and reduced chip size (Performance, Power & Area).
• Duration: The project spans over 3 years, with an additional year earmarked for support and maintenance, culminating in a 4-year endeavor.
• Strategic Importance: MosChip's foray into the 5nm technology realm consolidates its position in the global market and unlocks novel avenues in both domestic and international sectors for Turnkey ASIC solutions. This breakthrough endeavor is poised to attract substantial interest from major industries worldwide seeking turnkey ASIC solutions that uphold the highest standards of performance and efficiency.

Potential Applications:

The high-performance computing SoC devised by MosChip isn't confined solely to the HPC market; its versatility extends to potential applications in Artificial Intelligence (AI) and generic cloud computing spaces. This versatility underscores the transformative impact of the project, transcending conventional boundaries and catering to diverse technological domains.

Share Performance:

The company’s shares closed the day at Rs 129.30 per share on the BSE. Additionally, the company’s shares have delivered a multibagger return of 5,030 per cent in the past decade.

According to the Quarterly Results, in Q4 FY24, the company reported a revenue of Rs 75.42 crore and a net profit of Rs 0.87 crore. In FY24, the company reported a revenue of Rs 294 crore and a net profit of Rs 10 crore, compared to a net profit of Rs 6 crore in the previous year.

Investors must keep this Small-Cap stock on their radar.

Disclaimer: The article is for informational purposes only and not investment advice.