NSE:KUSUMGAR management interview: Strong Debut For Kusumgar | Expect Growth To Resume After A Brief Pause Last Year, Says Company
CNBC-TV18, 2026-07-15. Video: https://www.youtube.com/watch?v=TWdVNnLOhcc
- Stock debut targets: Following a listing gain of over 35% to 46%, the company is maintaining its long-term target of reaching ₹2,000 crore in revenue by FY30 with stable margins as defense order delays and tariff headwinds subside.
- Earnings growth aspirations: While brokerage estimates project net profit tripling from ₹100 crore to ₹308 crore alongside ₹1,650 crore in revenue by FY29, management clarified these numbers represent potential aspirations rather than formal guidance due to uncertain approval and order cycles.
- Market expansion strategy: Operating with a low single-digit market share in the broader domestic aerospace and defense segment, the company aims to drive growth by continuously introducing new products rather than purely acquiring market share in existing segments.
- New product pipeline: Beyond existing parachute applications and recent breakthroughs in stealth solutions, ongoing product development is focused on lighter-than-air materials and lightweight materials for aerospace and defense applications.