Operating out of the SIPCOT Hi-Tech SEZ in Oragadam, Tamil Nadu, Polymatech specializes in high-quality semiconductor production. The company aims to be a global leader in elastomer parts and semiconductor chip manufacturing, making it a key player in India’s efforts to become self-reliant in semiconductor production.

The Evolution of Polymatech Unlisted Share

Before its acquisition by the Nandam family, Polymatech was owned by Polyma Asset Management Company (Japan) and Polymatech (Malaysia), holding 52.2% and 47.8% stakes, respectively. Initially, the company focused on manufacturing mobile phone keypads. However, as demand for mobile keypads diminished around 2011-2012 due to the rise of touchscreen devices, the company faced significant financial difficulties.

The turning point came in 2019 when the new management shifted focus to semiconductor manufacturing. This strategic pivot has allowed Polymatech to thrive, particularly in the LED and optoelectronics segments, making it a strong contender in the Indian semiconductor landscape.

Expansion Plans and Manufacturing Capabilities

Polymatech Unlisted Share has attracted attention due to its aggressive expansion strategy. The company is significantly increasing its semiconductor production capacity, with plans to scale up from 300 million chips per year to an astounding 20 billion chips per year by 2024. To achieve this, Polymatech is investing approximately $1 billion, which will enable it to meet the rising demand for semiconductors across multiple industries.

Products Manufactured by Polymatech:

• Microcontrollers

• Wireless Chips

• Logic Chips

• Memory Chips

• LED Chips

These products are essential for applications in smart lighting, healthcare, automotive, and industrial automation. Polymatech’s commitment to research and development ensures that its semiconductor chips remain competitive in the global market.

Leadership and Technological Expertise

The leadership at Polymatech Unlisted Share is a major driver of its success. Led by Mr. Eswara Rao Nandam, an alumnus of BITS Pilani, and supported by Mrs. Uma Nandam, the management team has infused fresh energy into the company. Additionally, Polymatech benefits from the expertise of Japanese nationals who serve as Chief Technology Officers (CTOs) and board members, providing technological guidance and innovation.

This combination of strategic leadership and technical prowess positions Polymatech as a leader in the Indian semiconductor space, ensuring continued growth and market dominance.

Market Potential and Future Growth

With global semiconductor demand reaching new heights, Polymatech Unlisted Share stands to benefit from this upward trend. The company’s focus on LED semiconductor chips, optoelectronics, and ICs aligns perfectly with the increasing adoption of smart lighting solutions, medical-grade LED sanitizing systems, and industrial applications.

India’s semiconductor industry is poised for rapid expansion, driven by government initiatives such as the Production-Linked Incentive (PLI) scheme. Polymatech is well-positioned to leverage these incentives, further boosting its growth trajectory. The company’s large-scale expansion and billion-dollar investment indicate strong confidence in its future profitability.

Investment Potential in Polymatech Unlisted Share

For investors looking at long-term opportunities in the semiconductor sector, Polymatech Unlisted Share offers substantial potential. As a private company, its shares are not publicly traded, making them an attractive investment for those seeking early exposure to a rapidly growing enterprise.

The company’s expansion plans, commitment to innovation, and growing demand for its products suggest that Polymatech could deliver significant returns in the coming years. Investors looking to capitalize on India’s semiconductor boom should keep a close watch on Polymatech’s developments.

Conclusion

Polymatech Unlisted Share has undergone a significant transformation since its acquisition in 2018, emerging as a key player in India’s semiconductor industry. With a focus on LED semiconductor chips, aggressive expansion plans, and strong leadership, the company is well-positioned for future success.

As India pushes toward self-sufficiency in semiconductor manufacturing, Polymatech stands at the forefront of this revolution, making it a promising investment opportunity. For those interested in the high-growth semiconductor sector, Polymatech Unlisted Share is a name to watch in the coming years.

2. Previous Ownership and Acquisitions: Before the 2018 acquisition by Mr. Eswara Rao Nandam and his wife, Polymatech was controlled by Polyma Asset Management Company from Japan and Polymatech (Malaysia) with shareholdings of 52.20% and 47.80%, respectively. The company faced challenges in the past, as it was involved in manufacturing and supplying keypads for mobile phones, which became obsolete around 2011-12. Due to declining demand, the company incurred losses and struggled to sustain its operations.

3. Post-Acquisition Transformation: After the acquisition in 2019, the new management shifted the company’s focus to manufacturing semiconductor chips for LEDs and Luminaries. Polymatech currently produces Opto Semiconductors used in high-power lighting systems, ICs, and Sanitizing LEDs for hospital applications.

4. Financial Performance: Since the acquisition, Polymatech unlisted share has witnessed significant growth in its financial performance. In FY20, the company generated approximately 2 Crores in revenue with a loss of 27 lakhs. However, in FY21, the revenue surged to 45 Crores with a profit after tax (PAT) of 7 Crores. The growth trend continued in FY22, with revenue reaching 126 Crores and a PAT of 34 Crores.

5. Manufacturing Capacity Expansion: Polymatech is planning to expand its manufacturing capacity from the current 300 million chips per year to 20 billion chips per year by 2024. This expansion is crucial to accommodate the increasing demand for its semiconductor chips. For this the total money to be deployed would be ~1 Billion dollar. Polymatech Electronics Unlisted Share manufacture products and same is mentioned below.

a) Micro Controllers

b) Wireless Chips

c) Logic Chips

d) Memory Chips

e) LED Chips

6. Shareholding and Valuation: As of 31st March 2022, Mr. Eswara Rao Nandam and Mrs. Uma Nandam were the primary investors in PEL. In the unlisted market, the company’s shares were trading at Rs. 400 per share, resulting in a market capitalization of 2540 Crores based on approximately 6.35 Crore outstanding shares. The EPS for FY22 based on these outstanding shares stands at 5.35, and the P/E ratio is 74x. However, as per media news in FY22-23, some other investors have invested in the company.

7. Management and Board Structure: The company is supported by Japanese nationals, who serve as Chief Technology Officers (CTOs) and are also members of the board of PEPL. The acquisition by Mr. Eswara Rao Nandam and his wife in 2019 brought new leadership and direction to the company, resulting in its successful transformation.

8. Future Prospects: With the growing demand for LED semiconductor chips in various industries, including lighting systems and sanitization applications, Polymatech unlisted share is well-positioned for further expansion and profitability. The company’s commitment to increasing its manufacturing capacity and its focus on innovative technologies will likely drive future growth.

9. Conclusion: Polymatech Electronics Limited has experienced a remarkable turnaround since its acquisition by Mr. Eswara Rao Nandam and Mrs. Uma Nandam. The company’s shift to LED semiconductor chip manufacturing has proved to be a successful strategy, leading to substantial revenue and profit growth in recent years. With its expansion plans and favorable market dynamics, PEL holds strong potential for continued success in the semiconductor industry.