IKIO Technologies Limited is an Indian manufacturer specializing in high-end LED lighting solutions, expanding into new verticals like solar systems and energy-efficient electronics.

The company is actively expanding its production capacities with a major greenfield project spanning ~5 Lac Sq.Ft., enhancing their production of LEDs and solar panels to meet growing demand.

Recent diversification into hearables and wearables has been successful, driven by robust customer demand and new orders, notably from the Middle East market including Dubai.

IKIO's revenue exhibited strong growth, with significant gains in their 'Other Business' segment, showing a 71% YoY increase. However, EBITDA margins have declined, putting pressure on profitability.

Investment in innovation and backward integration are key for IKIO's operational efficiency, enhancing profitability through cost control and quality improvements.