Agri Drone Launch Boosts Small-Cap Firm, Eyes Rs 600-900 Crore in CY25, Stock Hits Upper Circuit – Re-Rating on Horizon?
The drones are manufactured with a minimum of 65% indigenous parts, with a goal to increase this to 75% by the end of the financial year.
Optiemus Infracom Limited's wholly-owned subsidiary, Optiemus Unmanned Systems Private Limited (OUS), has made a significant leap in the drone industry. OUS launched a new range of indigenized drones specifically designed for agricultural and mapping applications. This strategic move aligns with India's vision of "Make in India" and aims to revolutionize the agricultural sector.
Key Highlights of the Launch
1. Investment and Growth Plans:
Optiemus plans to invest Rs 140 crores in this venture.
The company aims to operate a fleet of 5,000 drones by the end of 2025.
OUS targets to generate service revenue between Rs 600 to 900 crores by the end of 2025.
2. Drone Features:
The Agri Shakti 10L drone can carry a 10-liter spray tank, capable of spraying 1 acre in approximately 7 minutes. It offers a flight duration of up to 15 minutes at maximum capacity.
The Vajra QC P20 is a precision agriculture and mapping drone that weighs about 2 kg with a flight duration of 30+ minutes and a maximum range of 4 km. It is ideal for optimizing crop health, mapping farmlands, and supporting insurance assessments.
3. Indigenization and Affordability:
The drones are manufactured with a minimum of 65% indigenous parts, with a goal to increase this to 75% by the end of the financial year.
The Agri Shakti 10L is priced starting at Rs 2.25 lakhs plus GST, making it accessible to a broad range of farmers.
4. Training and Support:
OUS will train around 6,000 pilots to manage the drone fleet.
The company emphasizes after-sales service and support, ensuring smooth operations with standby drones and components.
5. Impact on Agriculture:
These drones will significantly enhance farmland productivity and yield while reducing input costs.
The precision agriculture capabilities of the drones will support sustainable farming practices, improving the overall efficiency of agricultural operations.
Stock Market Performance:
Following the announcement, Optiemus Infracom Limited’s stock experienced a significant surge. The stock hit at an upper circuit limit of 20 per cent on Thursday, marking the highest single-day volume since August 2023. This bullish trend reflects the market's positive reception of OUS's innovative approach and growth potential in the agricultural sector. The stock of Optiemus Infracom has gained 81.04 per cent in the last one year and it has delivered multibagger returns of over 100 per cent in the last three years.
About Optiemus Infracom Limited
Optiemus Infracom Limited is a high-performance telecommunications and electronics manufacturing enterprise headquartered in India. With nearly three decades of experience across telecommunications, technology, and manufacturing, the company has a unique understanding of the Indian electronics market. Optiemus has been at the forefront of bringing the latest technology products to Indian consumers through a widespread distribution and retail operation. The company's expertise spans distribution, marketing, and manufacturing of mobile and telecom products in the Indian subcontinent. Optiemus Group has a history of pioneering achievements, including retailing the first mobile phone in India in 1995. The company continues to leverage its extensive experience to drive innovation and growth in various technological sectors.
Conclusion
Optiemus Unmanned Systems' entry into the drone market with a focus on agriculture and mapping is a testament to their commitment to technological advancement and support for Indian farmers. By providing cost-effective and efficient drone solutions, OUS is poised to make a substantial impact on the agricultural landscape, benefiting Small-Cap companies and contributing to India's economic growth.
Disclaimer: The article is for informational purposes only and not investment advice.