Srigee DLM Ltd. (SRIGEE) — Tipsheet

Srigee DLM sells factory to promoter entity for ₹2.53 cr

Tipsheet Editorial — Thu, 09 Jul 2026 19:49:42 GMT

The property generated 9% of revenue last year. The company will lease it back until a new plant is ready.

What’s new

Srigee DLM sold its registered office and manufacturing unit to promoter-group entity for ₹2.53 crore.
The property contributed ₹6.73 crore (9%) of last year's revenue.
Company will continue operations via lease-back until new factory is completed.

Why it matters

At nearly 5% of market cap, this is a sizeable related-party asset sale for a nano-cap. The proceeds are trivial compared to the ₹50 crore capex for the new plant, but the deal frees up a cornerstone asset while keeping operations uninterrupted. The open question is whether the cash is used to reduce the already-low debt or fund construction.

What we’re watching

Use of proceeds – debt reduction versus funding the new factory.
Timeline for the new manufacturing facility in Greater Noida.
Any future related-party transactions as the company scales.

The full read

Srigee DLM sold its factory to a promoter-group entity for ₹2.53 crore – a move that monetises a property that generated 9% of last year's revenue. At nearly 5% of the ₹52 crore market cap, the size is material for a nano-cap. Operations will continue under lease-back until the new ₹50 crore plant is ready. The related-party structure warrants scrutiny, but the low debt (0.20 D/E) and clear expansion plan give the company room to use the cash constructively. What matters now is whether the proceeds go toward debt reduction or funding the new factory.

Primary source: BSE · NSE

Srigee DLM targets ₹100 cr revenue, bets big on new factory

Tipsheet Editorial — Sat, 13 Jun 2026 14:42:05 GMT

Management sets a ₹100 cr FY27 target, more than doubling FY26's ₹72.3 cr, and eyes ₹200-250 cr in FY28. A 10,850 sqm campus will be commissioned by Diwali, funded by IPO proceeds and debt.

What’s new

Management sets ₹100 crore revenue target for FY27, more than doubling FY26's ₹72.3 crore.
New 10,850 sqm manufacturing campus to be commissioned by Diwali, replacing smaller Ecotech-10 plan.
Polymer compounding capacity to triple to 150 metric tons monthly; mobile phone assembly revenue to double.

Why it matters

For a ₹49 cr market cap company, these targets imply rapid scaling. The new facility is a big bet, funded by IPO proceeds and bank debt — execution risk is high, but if achieved, it reshapes the business.

What we’re watching

Whether the new campus is commissioned on schedule by Diwali.
How much of the ₹33 cr bank debt is taken on — debt/equity is currently just 0.20.
Order pipeline to support the doubling of mobile phone assembly revenue.

The full read

Management is laying out an aggressive plan: ₹100 crore revenue this year, more than double FY26's ₹72.3 crore, and then ₹200-250 crore next year. The new 10,850 sqm campus is the engine, replacing a smaller plan and quadrupling the facility size, to be commissioned by Diwali. Funding comes from ₹17 crore of IPO proceeds, ₹33 crore of bank debt, and asset sales. Polymer compounding capacity will triple to 150 metric tons monthly, and mobile phone assembly revenue is expected to double. For a ₹49 crore market cap company, these targets imply a dramatic scaling. The strong H2 FY26 performance (net profit doubled to ₹5.5 crore) and low debt levels (debt/equity 0.20) give some credibility. The gap between aspiration and reality, however, is wide. Execution hinges on commissioning the plant on time and securing orders. That is the bet.

Primary source: BSE · NSE

Srigee DLM targets ₹100 cr revenue, building a factory four times its current size

Tipsheet Editorial — Thu, 11 Jun 2026 13:20:33 GMT

A Samsung request for more capacity is the immediate catalyst for the nano-cap's aggressive expansion plan.

What’s new

Management set a ₹100 crore revenue target for FY27, up from ₹72.3 crore in FY26.
The company is building a 10,850 sqm factory, four times its current size, to be commissioned by Diwali.
The ₹50 crore capex is funded by ₹17 crore of IPO proceeds and ₹33 crore of bank debt.

Why it matters

Srigee is betting its balance sheet on a single customer request. The scale of the factory is big for a ₹51 crore market-cap company. The target requires doubling sales in two years, a pace Samsung's demand must sustain.

What we’re watching

Whether the new facility hits the Diwali commissioning deadline.
The actual monthly revenue run-rate from the expanded Samsung lines.
The interest burden from the ₹33 crore bank debt at 8-9%.

The full read

Srigee DLM is building a factory four times its current size. The 10,850 sqm campus will cost ₹50 crore, funded by ₹17 crore of IPO proceeds and ₹33 crore of bank debt. The bet is on a ₹100 crore revenue target for FY27, a 38% increase over FY26. The catalyst is a request from Samsung for more assembly capacity, which management expects to lift that segment's monthly revenue to ₹2-2.5 crore. Polymer compounding capacity will also triple to 150 metric tons monthly. For a ₹51 crore market-cap company, scaling this aggressively on debt is the core risk. The plant must be commissioned by Diwali to hit the timeline. That's the first test.

Primary source: BSE · NSE

Srigee DLM doubles H2 profit, full-year revenue flat

Tipsheet Editorial — Wed, 10 Jun 2026 13:34:02 GMT

The nano-cap's H2 revenue jumped 46% to ₹51.4 crore and net profit more than doubled to ₹5.5 crore, but full-year revenue was flat at ₹72.3 crore.

What’s new

H2 revenue up 46% YoY to ₹51.4 crore; H2 net profit more than doubles to ₹5.5 crore.
Full-year revenue flat at ₹72.3 crore, but net profit up 37% to ₹6.9 crore.
EBITDA margin improves to 12.8% from 12.1%; new facility in Greater Noida planned.

Why it matters

For a nano-cap with a ₹54 crore market cap, a sharp H2 rebound is encouraging. But flat full-year revenue raises questions about sustainability. The EBITDA margin rose to 12.8%, helping profits grow despite flat top line.

What we’re watching

Whether the new Greater Noida facility drives revenue growth in FY27.
If H2 momentum can be sustained given flat full-year numbers.
Order inflow trends from consumer durables and automotive clients.

The full read

Srigee DLM, a nano-cap with a ₹54 crore market cap, delivered a strong H2: revenue jumped 46% to ₹51.4 crore and net profit more than doubled to ₹5.5 crore. But the full-year picture is mixed — revenue was flat at ₹72.3 crore, though net profit climbed 37% to ₹6.9 crore as EBITDA margin improved to 12.8% from 12.1%. Management is betting on rising outsourcing trends and a new facility in Greater Noida to drive growth. For a company of this size, the H2 momentum is a positive signal, but the flat top line for the full year tempers the story. The next test is whether the new capacity leads to sustained revenue growth.

Primary source: BSE · NSE