What we do Suncare Traders Ltd distributes laminates and plywood/MDF, primarily representing Olive brand laminates, and has ventured into solar power generation. |
Founded in 1,997 |
Market share Key distributor for Olive brand laminates in Gujarat; expanding presence in Maharashtra and Rajasthan. |
Problem solved Provides quality laminates and MDF products catering to surface finishing demands in interior and construction sectors. |
Top clients or who we serve B2B clients in construction, furniture, and interior design industries across several Indian states. |
Key management - |
Our journey and innovations Incorporated as a private company in 1997, converted public in 2000, listed in 2015, and diversified into solar power in 2016. |
Where we operate Primarily India: Gujarat, Maharashtra, Rajasthan, Hyderabad, Chennai, and Chandigarh. |
Top products or what we offer Olive laminates, Olive Saga, Olive Garden, Post Mail Sheet, Sigma laminates with various surface finishes. |
Top brands Olive laminates - exclusive distributor; Post Mail Sheet; Sigma laminates. |
Raw materials needed Laminates, plywood, MDF sourced from manufacturers like Bloom Dekor Limited. |
Raw materials supplier Bloom Dekor Limited and other laminate manufacturers. |
Recurring vs cyclical contribution Revenue is mainly cyclical, driven by construction and interior sector demand. |
Our industry position Established regional distributor with exclusive rights in Gujarat; growing footprint in other states. |
Financial highlights Revenue approx Rs. 11.28 crore (2022); Net profit Rs. 0.68 crore; Listed capital raised Rs. 24.21 crore in 2015. |
Geographical revenue split Revenue mainly from Gujarat, Maharashtra, Rajasthan and other Indian regional markets. |
Order book - |
Whats driving growth Construction demand, brand exclusivity, expansion into new regional markets and solar power diversification. |
Our future plans Strengthen regional branches and solar power business; increase market presence and product portfolio. |
Our green promise Ventured into solar power generation for sustainable energy initiatives. |
Our people and values - |
Key challenges ahead Market competition, regulatory compliance, and scaling new businesses while managing legacy trading operations. |
Interesting facts Exclusive distributor of Olive laminates in Gujarat and first public issue raised Rs. 24.21 crore in 2015. |
Risks and strategy Dependence on regional construction demand; strategic expansion and diversification into solar power mitigate risks. |
