Linc Pen and Plastics is coming up with another product under the 'Pentonic' brand umbrella - a retractable ball pen priced at Rs 20 in 2019-20. The company is targeting double-digit revenue growth every successive quarter and the share of revenues from the Rs 10 and above segment is projected at 50% of domestic revenues by 2020-21.
In the current financial year, the company is expecting moderate growth in exports due to several global challenges. However, low margin products are being replaced by the likes of the Pentonic ball pen, which should help the company considerably improve its overall profitability
Linc Pen and Plastics prides itself on being a leading manufacturer and exporter of quality writing instruments in India.