Sattva Sukun To Set Up New Glassware Unit in Firozabad
Sattva Sukun Lifecare Limited has secured approval to establish a new manufacturing facility in Firozabad, Uttar Pradesh, marking a major step in its strategic expansion. The unit will focus on producing premium glassware décor items such as table lamps, chandeliers, hanging lamps, flower pots, and aroma burners.
By leveraging Firozabad’s traditional glassmaking heritage, the company will gain access to skilled artisans, readily available raw materials, and cost-effective infrastructure. This expansion aligns with the firm’s goal of enhancing capacity, launching new product lines, and improving operational efficiency and margins across domestic and export markets.
The facility will also adopt Geographical Indication (GI)-certified manufacturing processes, preserving India’s rich glassmaking heritage while enhancing brand authenticity and global competitiveness. The GI tag is expected to improve product traceability, boost consumer confidence, and open up premium positioning opportunities in overseas markets.
Mr Mit T. Brahmbhatt, Managing Director of Sattva Sukun Lifecare, commented: “The Firozabad unit marks a pivotal milestone. By blending modern manufacturing with India’s GI-certified artistry, we aim to elevate our brand in the global premium décor space while supporting local craftsmanship and employment.”
The company’s performance in FY25 reflects strong growth momentum. For the fourth quarter, net profit rose by 74.8 per cent year-on-year to Rs 8.42 million, while revenue increased by 6 per cent to Rs 10.52 million. On a full-year basis, net profit surged 109.1 per cent to Rs 24.89 million, with operational revenue up 48.1 per cent to Rs 52.63 million.
To support its next phase of expansion, Sattva Sukun Lifecare has launched a Rights Issue to raise up to Rs 480 million, offering 480 million equity shares at Rs 1 per share. The capital raised will help strengthen the company’s financial foundation, enhance manufacturing capabilities, and drive sustainable long-term value creation for shareholders.