Shares of MosChip Technologies Ltd rose sharply by nearly 8% on Monday, trading at ₹257.33, after positive updates from the company’s CEO presentation highlighted strong progress in indigenous chip development and robust financial performance for FY25.
Key reason: Indigenous Smart Energy Meter IC under DLI scheme
The main driver of the rally is MosChip’s announcement that its Indigenous Smart Energy Meter IC development under the Design Linked Incentive (DLI) scheme is making significant headway. The first test chip, designed to validate four Intellectual Properties (Power Management Unit, Temperature Sensor, LCD Panel Controller, and Clock Management Unit), is already working successfully in silicon, marking a major milestone in India’s semiconductor ecosystem push.
Other updates from CEO presentation
Apart from the IC development, MosChip is also making steady progress on the Indigenous HPC processor (Aum) in collaboration with C-DAC. These initiatives reinforce MosChip’s role in India’s semiconductor and electronics self-reliance journey.
FY25 performance highlights
The company also reported impressive numbers for FY25:
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Revenue: Grew from ₹294 crore in FY24 to ₹466 crore in FY25, up 58.5% YoY.
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Profit Before Tax (PBT): Jumped from ₹11.33 crore in FY24 to ₹33.7 crore in FY25.
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New Customers: Added seven new clients during the year.
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Leadership Strengthening: Expanded its leadership in engineering, business development, and operations.
Outlook
The strong financial performance coupled with significant strides in indigenous chip development under the DLI scheme has boosted investor sentiment, pushing MosChip shares higher in today’s session.
