Pincon Spirit Ltd.

"We have our vision for more acquisitions and mergers"

What will be the company's macro and micro expansion strategy in the current fiscal? 

At the macro level, our expansion strategy is focused on setting up rice bran oil extraction and refining plant in industrial area at Dankuni (West Bengal), for which the Govt. of West Bengal has already granted permission, and C.S. liquor plant at Assam. In the near future, we also propose to set up edible oil refining and packaging plant in Karnataka.

At the micro level, we have streamlined and initiated capacity expansion in all of our IMFL and C.S. liquor plants. In continuation with our efforts for cost control and cost mitigation, backward integration for setting up of PET preform/PET bottle plant in some of our factories have also been scheduled for captive consumption of PET bottles in our IMIL/C.S. liquor, IMFL and edible oil segments. This would enable us to achieve additional contribution to our bottom line by way of reduced input cost in bottles.

In which segment is your company likely to focus on—IMIL, FMCG, IMFL—in the coming quarters? 

All the segments are good contributors in the topline of our business activity.