Co's growth plans Revenue target of approximately 250cr and a profit of 40cr for the current fiscal year and aiming for 1,000cr within five years.
Techlabs while having the current focus on power and defense sectors, new verticals like semiconductor and cybersecurity are expected to contribute significantly in the future. Co will also be going for chip design in the future. Co also has the Capability of chip design for defense & other sectors as well.
Co has partnered with top players like Cadence to drive advanced designs and support defense projects.
Co creates smart solutions in DFT, PCB, and FPGA for telecom, IoT, and automotive industries.
Co-expanding into Asia-Pacific, Middle East, and Africa to tap into growing opportunities.
Co in advanced stages to acquire a semiconductor company.
Co got an order from the Indian Navy for Design Automation. There is also negotiation with 4 Govt power distribution co for order in power segment.
The power Sector and Defence Sector both have 10k cr opportunities each.
Co now serving 2 cos in Power and 50 power cos need their service. Co doesn't compete in tender-based business. They have all unique offerings with no competition.
Co also looking for fundraising to scale and is currently working on i.t
Mgmt asserts that the company's unique expertise and niche focus minimize competition, particularly in the power sector.
TechLabs structures deal intelligently to maintain a consistent margin of approximately 30% across all verticals.
Mgmt said 3 years down the line all quarters will be equal and seasonality will not be there. AMC will be the maximum component in revenue going ahead.
