Highness Microelectronics Ltd (544741) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Highness Microelectronics was originally incorporated on September 6, 2007, as a private limited company under the name and style of ‘Highness Micro Electronics Private Limited’. Further, pursuant to a resolution passed by its shareholders in its meeting held on February 8, 2008, the name of the company was changed to ‘Highness Microelectronics Private Limited’ on March 5, 2008. Subsequently, the company was converted into a public limited company pursuant to a resolution passed by the shareholders in an extraordinary general meeting held on August 31, 2024, and the name of the company was changed to ‘Highness Microelectronics Limited' on November 11, 2024.

The company is an ISO 9001:2015 and ISO 13485:2016 certified company, engaged in the Design, Development, Integration, Assembly and Manufacture of Digital-Imaging Solutions. The company operates in two main categories namely ‘Off the Shelf Products’ and ‘Market Specific Solutions / Project’. Under ‘Products’ category, it offers Flat Panel Displays like Thin Film Transistor (TFT) and Liquid Crystal Display (LCD) module, Display Controllers, Electrolumiscent Displays, Vacuum Fluorescent Displays, Touch Screens, Cable Assembly & Harness, Backlight Drivers & Inverters and ‘Display-Enhancement solutions. 

Further under ‘Display-Enhancement Solutions’, it undertakes value addition process to ruggedize Commercial off the Shelf (COTS) displays; these value addition processes include- Backlight enhancement for High-Brightness for Outdoor & Direct-Sunlight readability, Wide-Operating Temperature for extreme-climatic conditions, Electro-Magnetic Interference (EMI) shielding for mission critical operations, Night Vision Compatibility (NVIS), Optical-Bonding , Vandal-Proofing as well as outdoor visibility, Adding cover glass to achieve Anti-Reflective, Anti-Glare, AntiFingerprint/Smudge etc. Its ‘Market-specific solution/ Project’ category includes Display-monitors in form factors such as Open-Frame Displays, Panel-Mount Displays, Industrial Grade Displays and Medical Grade Display Monitors. Its industry verticals for these display monitors are Industrial Automation, Medical & Healthcare, Railways (Trains & Metros and Automobiles) and Defence & Aerospace.

Business area of the company

The company is an ISO 9001:2015 and ISO 13485:2016 certified company, engaged in the design, development, integration, assembly and manufacture of digital-imaging solutions. The company operates in two main categories namely ‘Off the Shelf Products’ and ‘Market Specific Solutions / Project’.

Products of the company

• Industrial Monitors with Touch Screen (Industrial Automation)
• TFT-LCD Modules (Raw Material and Semi Finished)
• Industrial Panel PC (Industrial Automation)
• Displays with Remote Content Management System (Industrial Automation)
• Medical Grade Surgical Monitors -4K (Medical & Healthcare)
• Medical Grade Monitor with Built -in Recorder (Medical & Healthcare)
• Medical Grade Workstation (Medical & Healthcare)
• Displays for Passenger Information System (Railways )
• Embedded Controller board (Raw Material)
• Displays for Automatic Fare Collection (AFC) at Ticketing Gates (Railways)
• Displays for Driver Display Unit inside Driver Cabin of Train (Railways )
• Bar Type Stretched Displays for Passenger Information System (Railways)
• LED Matrix Displays Lateral or Frontal (Railways)
• Station Displays (Railways)
• Ruggedized Displays (Defence)
• Display Enhancement Techniques (Services)

Awards and recognitions

• 2024-25: ISO 13485:2016 for BSCIC Certificate w.r.t Medical Quality Management System
• 2024-25: ISO 9001:2015 for BSCIC Certificate w.r.t High-Quality Digital Imaging Products

History and milestones

• 2007-08: Incorporation of the company as Highness Micro electronics Private Limited. 
• 2023-24: Membership with Electronic Industries Association of India (ELCINA) 
• 2023-24: Membership certificate with Confederation of Indian Industry (CII) 
• 2024-25: Membership Certificate with IESA (India Electronic & Semi-conductor Association).
• 2024-25: Membership Certificate with ASSOCHAM (The Associated Chambers of Commerce and Industry of India) 
• 2024-25: Membership Certificate with FICCI-CMSME 
• 2024-25: Certificate from RDSO (Research Designs & Standards Organization) 
• 2024-25: Conversion of Highness Microelectronics Private Limited to Public Limited. 
• 2024-25: MOU and technology transfer agreement executed with Birla Institute of Technology and Science (BITS), Pilani. Its MOU with BITS - Pilani is a synergy between its organisation that enables it to utilise each others resources collectively. Highness can use resources such as - Infrastructure & Research Labs etc whereas BITS - Pilani can use Highness’ manufacturing set-up to train their students and undertake industrial research projects 
• 2024-25: MOU and master research agreement executed with Manipal University, Jaipur. Its MOU with Manipal University Jaipur (MUJ) is meant for setting-up a joint Research Lab at MUJ for undertaking further research of Ultra-Conductive Materials such as Copper & Aluminium. The result of research will jointly co-owned by both the organisation which may be mutually agreed for commercialization.