Rising semiconductor demand contrasts with MosChip Technologies’ uneven financials: shares trade about 43% below their peak as FY26 revenue rose 25% but EBITDA margins slipped. Q1 FY27 showed revenue and profit declines. The VIDYUT100 smart-meter IC, developed under India’s MeitY DLI scheme, needs further validation and commercialisation. Recovery hinges on project execution, order conversion and margin improvement.
