| Board Division | Manufacture and sale of writing boards, display boards, notice boards, and related accessories. | Strong product IP, extensive dealer network, pan-India footprint, and early mover advantage in glass boards. | B2B focus on educational institutions and businesses; B2C individual consumers via e-commerce platforms. | Innovative glass white boards with premium pricing and longer lifespan contribute higher margins. | 29 | 57 | Revenue from product sales to institutional and retail customers through dealer and e-retailing channels. | Direct sales through dealer network and e-commerce platforms with competitive pricing strategies. | Product innovation, expanding institutional orders, and rise in e-commerce penetration for retail sales. | Alkosign, Glassy-BO, Sit and Study, Brainee |
| Luggage Division | Manufacture and sale of luggage products complementing company's product portfolio. | Integrated manufacturing capability adding diversification to core product offerings. | Primarily retail consumers and institutional buyers in related segments. | Premium luggage segments with branded accessories. | 22 | 43 | Sales of luggage products largely through retail and institutional channels. | Direct sales with focus on competitive pricing and distribution efficiency. | Growing demand for durable luggage and cross-selling opportunities with existing client base. | |
