Please find enclosed.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
At Calcom Vision's 40th AGM, the Chairman highlighted FY25 as a year of scale and expansion, with revenue having grown threefold since FY21 and gross block expanding fivefold. The company, an ODM and EMS provider focused on LED lighting, expanded its manufacturing area by 50%, added high-speed SMT lines and a plastic extrusion facility with 10 extruders, and launched a new export subsidiary (Calcom Astra Private Limited) in January 2025 to target US and European markets. The PLI scheme investment commitment was upgraded from ₹10 crore to ₹25 crore, with ₹2.16 crore already received and ₹13.8 crore expected over the next three years. The Chairman set a clear FY26 revenue target of surpassing ₹250 crore and outlined plans for new pressure die casting and powder coating facilities, while noting 'clear and sustained recovery in profitability' with room to improve asset utilization.
Investors should note the explicit FY26 revenue target of ₹250 crore and the positive commentary on profitability recovery, supported by manufacturing expansion and government PLI incentives. The launch of an export subsidiary signals ambition beyond the domestic market, though execution risks remain as the company ventures into new geographies and product segments like solar lighting.