The Chairman''s speech outlining the progress of the Company and its strategy for the next year which is scheduled to be delivered in the upcoming 6th annual general meeting.
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EP Biocomposites shared its Chairman's address ahead of the 6th AGM, highlighting progress in its two core divisions: FRP (doors, frames, bio-toilets, biodigester tanks, with fire doors seeing strong growth in their second year) and Aqua (sewage and effluent treatment plants serving hotels, institutions, government, and residential clients). The company is innovating with standardized trimmable FRP doors to move from make-to-order to mass-market volumes, and has set a five-year target to recycle 100 million litres of wastewater daily. Key technical tie-ups include DRDO for biodigester technology, TIFAC for FRP doors, and partnerships with a BITS Pilani start-up and Priyaanjas for new sanitation solutions. A 30 kW rooftop solar system is being installed for ~Rs 1.5 lakh annual savings. The Chairman acknowledged margin pressures from higher raw material and logistics costs, but stated the company enters FY25-26 with a robust order book and is confident of substantially surpassing last year's performance. Shareholder approval is being sought to acquire industrial assets to expand capacity.
Positive near-term outlook with confidence in substantial growth over the previous year, supported by a strong order book and capacity expansion plans, though investors should note ongoing margin pressures from raw material and logistics costs.