HSIL is eyeing over two-fold growth to be Rs 6,000 crore revenue company in the next five years. The company had registered revenue of Rs 2,200 crore last fiscal, and aims to register 15-20 per cent growth each year for the next five years. This fiscal year, it aims to grow at 18 per cent.
The company is setting up a security closure plant and a CPVC pipes plant in Telangana, which will be a backward integration to its building materials business.
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.