APARNA ENTERPRISES PLANS EXPANSION INTO ALUMINIUM BASED PRODUCTS.
Aparna Enterprises, a part of Aparna Group, which operates in the areas of building material products such as ready-mix concrete, uPVC windows and doors, tiles, sanitary ware fittings, PVC profile extrusion, metal forming and other segments, is planning to invest Rs 200 crore in the next three years. The company has a turnover of Rs 800 crore while the group turnover stands at Rs 1,600 crore. Aparna Venster is aiming to touch a turnover of Rs 1,500 crore in the next three years while the group is aiming to clock Rs 2,300 crore in next two years. Aparna Enterprises division Aparna Venster, which has been operating since 2008 in the PVC doors and windows segment across the country has so far installed 1.2 million uPVC windows.
It has been serving developers such as Brigade, BCC, Godrej, Prestige and Mahagun. The company supplies the range of window products across affordable (accounts for 25 per cent), mid-income (65 per cent) and high-end housing/premium (10 per cent) segments. It serves markets including Delhi, UP, Odisha, Kolkata, Pune and Mumbai besides south. It dispatches almost 10,000 windows every month. Aparna Venster windows business stands at Rs 120 crore at present. Ashwin Reddy, managing director, Aparna Enterprises, “We are entering into the aluminium segment and have procured the needed machinery to produce products at our existing Bachu- pally facility. Our company has invested Rs 10 crore at present. We will begin our supplies from next month. The aluminium segment may contribute Rs 50-60 crore this fiscal and may touch Rs 150 crore annual turnover levels in the next two years. We also want to enter into structural glazing (glass segment) and glass facades.”
He told Telangana Today, “We will also be setting up an extrusion facility for aluminium. We are scouting for a suitable land and once the land acquisition happens, we will begin works on it. We will investinn this green-field facility upto Rs 20 crore. We plan to make 5,000 aluminium windows per month. We will focus on the southern market to start with, which has a market size of Rs 3,000 crore.” The company will make high-end aluminum products which it plans to sell at Rs 800 per sq ft and taking up to Rs 2,000 sq ft for premium quality. Diversified segments Aparna Enterprises has recently set up a vitrified tile manufacturing facility in Kakinada with an investment of Rs 250 crore by creating a first production line. Subsequently, the company will set up second and third lines by investing Rs 80 crore for each line. The second line will be ready by early 2019 while the third line will be commissioned by mid of 2019.
The total capacity of the tile manufacturing facility will go up from 15,000 sq per day now to 45,000 sq m per day once all the three lines are operational. By 2021, tiles segment will contribute Rs 450 crore to Aparna Enterprises. Aparna Reddy, director, Aparna Enterprises, said, “The ready- mix concrete segment is also growing consistently. We have 17 plants now, of which two were added in the last quarter. The units cumulatively make 1 lakh cubic metre per month of con-crete.” She added, “We may not add more RMC units this fiscal, but may explore the need next fiscal.” She hinted that Aparna Enterprises is going to foray into two new verticals and the company will make a formal announcement once the blue print is ready. The company which also does trading of building ma-terial products and bathroom accessories is clocking a turnover of Rs 60 crore at present
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