Presentation on Project Udaan under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
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Awaiting price reaction for this filing.
Digilogic Systems, freshly listed on BSE SME in January 2026, has outlined details of 'Project Udaan', a new manufacturing facility being set up on a 2-acre plot in TGIIC Hardware Park, Hyderabad, with a planned built-up area of 65,000–70,000 sq ft. All five major regulatory approvals (bore well, building plan, factory plan, consent to establish, environmental clearance) are already in place. The timeline runs from land development (in progress since Sep 2025) through building construction (Apr 2026–May 2027), machinery installation (Jun–Jul 2027), trial run (Oct–Nov 2027) and commercial production commencing Dec 2027. Management pegs revenue growth at 20–25% per year till FY28 and 30–35% from FY29 once Udaan kicks in. Revenue is projected to scale from ₹84–90 Cr in FY26 to ₹328–346 Cr by FY31, with EBITDA roughly doubling from ₹17–19 Cr to ₹82–87 Cr over the same period. New revenue from the project is expected to contribute from H2 FY29 onwards.
Positive for shareholders – this is a clear, detailed growth roadmap with multi-year revenue and profit targets, showing management's confidence in scaling the defence/aerospace electronics business. However, execution risk is significant since revenue from the new facility only starts in late FY29, nearly 3 years away, so any delays in construction or commissioning could push these targets out.