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Zicom to achieve 15-20% growth in consolidated revenue to Rs 1,000 crore by FY15

22 May 2013 Evaluate

Zicom Electronic Security Systems is expecting to achieve around 15-20% growth in its consolidated revenue. The electronic security systems maker is eyeing revenue of Rs 1,000 crore by FY2014-15 from Rs 700 crore reported last fiscal.

The company has also launched a new technology in CCTV called the ‘Push Video’, which allows users to view live incident video on their portable devises. Considering the growth potential in the Middle East market the company had acquired Phoenix International in Qatar last year. The company has done around Rs 70 crore business this year and next year it expects to witness over 30% growth.

Zicom Electronic Security Systems is engaged in the business of developing security systems. The company offers a wide array of products and solutions such as CCTV surveillance system, access control system, fire alarm system, multi-apartment video door phones, alarm system, fingerprint locks, video door phones and telecom tower security as well as advanced security training and management.

Zicom Electn.Sec Sys Share Price

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