Euronics aims to double turnover to Rs 400 cr by 2025-26: MD & CEO Jain

Public washroom automation firm Euronics is looking to double its turnover to Rs 400 crore by 2025-26 with its new manufacturing plant at Gurugram set to become operational to fulfil 50 per cent of its orders.

The company has invested Rs 100 crore to set up the washroom automation accessories production unit at Gurugram with an annual production capacity of 2 lakh units and it will become operational this month.

"In the last financial year we were around Rs 200 crore... This year we are looking at close to Rs 280 crore to Rs 290 crore and in FY25-26 we are chasing Rs 400 crore turnover," Euronics MD & CEO Viknesh Jain told PTI.

He was responding to a query on the company's growth trajectory.

Established in 2002, Euronics is a major player in India's public and commercial washroom sector, he said, with growth fuelled by the expansive growth of the country's public infrastructure, commercial real estate, and retail sectors.

While initially it catered mainly to the private sector, ..