We have attached herewith transcript of Investor(s)/Analyst (s) meet held on Saturday, November 22, 2025. Kindly take the same on your record. Thank you.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sonalis Consumer Products held an investor call outlining an aggressive growth and acquisition strategy. Management confirmed an almost-finalized dairy acquisition for ~₹20 crore (against ~₹30 crore in assets including three plants with 1 lakh litre/day milk processing capacity), and is also in talks with Coca-Cola to supply mango pulp from a new plant near Dapoli. The company plans 5-6 roll-up acquisitions, with active discussions in ayurvedic cosmetics, solar/LED, and AI/IT. Current year revenue is on track for ₹200 crore with a target PAT of ₹6-8 crore, and management guided for ₹800 crore revenue and ₹80 crore PAT by 2028. A fresh warrant issue of ~80 lakh shares is planned (promoters subscribing ~35 lakh shares), with promoter holding rising from 35% to ~40%, targeting 51% by 2028. Rajkot warehousing project CAPEX will now commence immediately after a subsidy-related delay, and a Dubai subsidiary is set to launch within 15 days.
For shareholders, this signals an aggressive inorganic growth phase with multiple acquisitions, a fresh equity dilution via warrants, and ambitious 2028 targets (₹800 cr revenue, ₹80 cr PAT). Short-term dilution risk is partially offset by promoter participation and no bank debt being raised, though execution risk across many simultaneous projects is high.