Thread by @rishavv_agarwal

1/15: #IKIO Lighting: A thread on the company's market presence, competitive advantage, and key highlights.

Join me on this insightful journey!

#IKIOLighting #MarketAnalysis

2/15:
Market Leader in LED Lighting:
IKIO Lighting holds a significant market share, with its LED lighting segment generating ₹2,014.02 million in FY2022, accounting for 91.59% of their total revenue. #LEDLighting #MarketLeader

3/15: Strong Clientele: IKIO Lighting serves renowned clients such as Signify (Philips), Honeywell, Frigoglass, and Western Refrigeration. This diverse client base contributes to their revenue of ₹2,198.95 million in FY2022. #Clientele

4/15: Diversified Product Range:
In addition to LED lighting, IKIO Lighting offers a range of lighting fixtures, accessories, and components.
Their other product categories generated ₹165.07 million, accounting for 7.51% of revenue in FY2022.

#ProductRange

5/15: Robust Manufacturing Capabilities:
With four state-of-the-art manufacturing facilities, IKIO Lighting has an annual installed capacity of 20.63 million LED lights and 21.75 million fan regulators and switches.

#ManufacturingCapabilities

6/15: ODM Business Model: IKIO Lighting's ODM model enables them to collaborate with clients, providing tailored solutions. They have successfully manufactured LED lights for major clients like Signify (Philips) and Voltas Limited. #ODM

7/15: Competitive Advantage: IKIO Lighting's integrated end-to-end lighting solutions give them a competitive edge in quality, delivery, and pricing.
Their commitment to innovation and customer satisfaction sets them apart in the market.

#CompetitiveAdvantage

8/15: International Expansion: IKIO Lighting aims to expand globally, leveraging their premium LED offerings.
They plan to target North America, Europe, and Southeast Asia, capitalizing on the projected CAGR of 50.1% in the LED export market. #GlobalExpansion

9/15: Emphasis on R&D: IKIO Lighting's focus on research and development drives their ability to deliver cutting-edge LED lighting solutions.
They invest a significant portion of their revenue in R&D to stay ahead of industry trends. #ResearchAndDevelopment

10/15: Financial Performance: In 9M FY2023, IKIO Lighting recorded consolidated revenue of ₹2431 million,
With a PAT of ₹345 million.
Their LED lighting segment saw consistent growth, contributing to 91.59% of the total revenue.

#FinancialPerformance

11/15: Revenue Breakdown: LED lighting accounted for ₹2,014.02 million, ABS Pipes contributed ₹19.86 million, and other product categories added ₹165.07 million to IKIO Lighting's revenue in FY2022. #RevenueBreakdown

12/15: Focus on Sustainability: IKIO Lighting's LED lighting solutions prioritize energy efficiency, aligning with global sustainability efforts. These products help reduce carbon footprints, contributing to a greener future. #Sustainability #GreenInitiatives

13/15: Customer Satisfaction:
IKIO Lighting's commitment to delivering high-quality products and exceptional customer service has earned them a reputation for customer satisfaction. Their long-term relationships with clients speak volumes. #CustomerSatisfaction

14/15: Future Growth Opportunities: With the growing demand for LED lighting and government initiatives promoting domestic manufacturing, IKIO Lighting is well-positioned for expansion. They are exploring emerging markets and investing in product innovation. #GrowthOpportunities

15/15: Conclusion: IKIO Lighting's market leadership, diverse product range, strong clientele, and focus on innovation position them for sustained success.

Company recently came with a #IPO asking ₹607 crore (approximately).

Thank you for reading.
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