We’re thrilled to share some significant developments at S4E that mark a major step
forward in our growth journey.
Defence Park in Goa
We are pleased to announce that RRP S4E has signed an agreement for the allotment of
6,812 square meters of land in the Tuem industrial area on a 95-year lease. This land
will be dedicated to the establishment of a Defence Park in Goa, paving the way for new
opportunities in the region.
Contract with Meprolight
In addition, S4E has secured a substantial contract with Meprolight Israel for the
supply of 2,117 MEPRO MOR sights under the Make in India initiative. This order will be
executed at our RRP Meprolight assembly facility, with completion expected by February
2025. We anticipate that this contract will significantly boost our revenues by an
additional Rs25 crores.
New Customer Acquisition
We are also excited to announce our new partnership with the Central Reserve Police
Force (CRPF), securing an order for the supply of 500 plus 125 reflex sights, also under
the Make in India program. This project is projected to enhance our revenues, bringing
us to an estimated total of Rs25 crores by the end of the second quarter, with an
additional Rs20 crores in the pipeline.
Revenue Growth Projection
With the addition of the Meprolight project, we expect a remarkable increase in our
revenues, projecting to exceed ₹60 crores for the financial year ending 2025.
Thank you for your continued support as we embark on these exciting ventures! Stay tuned for more updates.
