I recently attended their Annual General Meeting. Some of the key pointers were –
- Financial Projection for FY25 – Targeting revenue of 150Cr with 5.5Cr of PAT
- See a 40% CAGR for next 5 years
- Have added few value added products to their portfolio
- They are into design, assembly and troubleshooting of RO Plants
- Will add new products in portfolio – Process Separation RO membranes, Automatic swimming pool cleaners etc
- Have leasehold land in Pune on which they have will do some construction due to increased FSI
- Have a good relationship with Ion Exchange – supply material to them and also compete with them in certain areas
Disc: Invested from lower levels
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