Company has 10% market share of Total Export from Indian market to EU and only listed entity
from grapes exports to food processing unit
Export market got hit due to ban in exports to europe in 2010 http://articles.economictimes.indiatimes.com/2011-06-01/news/29608374_1_grape-exports-export-price-domestic-market
External Addressable Opportunity
There are around 152 grape exporters. Of these, nearly a 100 exporters received a major setback in 2010 due to Europe rejection of consignments following the alleged pesticide incident. Of the 152, only 42 grape grower exporters survived and have been exporting grape for the last two years. The government must therefore take efforts to revive the dwindling businesses of exporters hit by the 2010 crisis. Presently, our maximum export is to European countries. We largely depend on European market. Finding out and researching newer markets is therefore the need of the hour in order for us to lessen our export dependency on the European market. As GEAI president, what are your priorities? Presently, India exports only 3% per cent of total grape produced in the country. This proportion is less compared to the production. My priority will be to increase the export from 3% to 10% of total grape production in the country by continually following up with the government to open new grape export markets. Efforts will also be taken to sort out all pending issues with the state government related to grape growth, production, packaging and export. and
Now the company is seriously looking at Domestic market.
Domestic sales growing at 50% yoy , but still not profitable.
Co. owns land worth 2 crs. , Building worth 11crs. and Plant worth 24crs. gives enough MOS. as total marketcap is 16 crs.
Q1 best quater for them due to seasonality and 75% of sales come in this qtr alone. This Q1 sales already 41crs. ( Season time of export ends in April) and pft 2.5crs. !!!