HSIL eyes to double revenue from building product division in next 5 years

14 Dec 2015

HSIL is looking to double its revenue to Rs 2,000 crore from its building product division in the next five years. The company is eyeing the same on expectation of increase in demand of premium products and consumption growth from tier 2 and 3 markets in coming years.

The company, which is running 125 showcase stores, is also looking at a three-fold increase in the number over the next 2-3 years. The building products industry is growing around 8 to 10 percent, while HSIL is growing between 14 to 15 percent annually.

HSIL is one of the leading domestic players in container glass and building products segments. Under the second segment, the company manufactures and trades in sanitaryware products, faucets and wellness products. It has five manufacturing facilities in India, of which three are located in Andhra Pradesh, one in Rajasthan and one in Haryana.

Related HSIL Ltd. Links:

HSIL Share Price

179.65 -0.40 (-0.22%) Mar 04, 18:59
1 Year Price Chart
Peers
Company Name CMP
Kajaria Ceramics 975.85
HSIL 179.65
Somany Ceramics 448.10
Asian Granito India 182.00
Cera Sanitaryware 4049.10
View more..
Sensex vs HSIL
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback