more-in Manufactured-sand maker Robo Silicon is eyeing to double the capacity by adding nine more plants across the country as well as its revenue to ?500 crore by 2020. The firm now has 11 plants where sand is made from rocks. The total capacity of the facilities – four in Hyderabad, two in Nagpur and one each in Bengaluru, Mangaluru, Chennai, Delhi and Vijayawada – is 3.5 lakh tonnes per month. By March 2020, the company plans to add two plants in Hyderabad and Mumbai and one each in Pune, Bengaluru, Chennai and Hosur. A plant is also proposed to be set up either in Kolkata or Bhubaneshwar. Estimating the funds required to lease the quarries and the working capital to be around ?100 crore, CEO Sumnesh Khandelwal, in a media interaction here on Wednesday, said with the new facilities, the production capacity was expected to touch 7.5 lakh tonnes. The manufactured sand that the Hyderabad-headquartered firm sells under Robosand brand was a substitute for river sand and cost-effective, he said. Cost optimisation On the financials of the company, in which PE investment fund True North (formerly India Value Fund) holds 77% stake, he said on the back of a focus on cost optimisation and efficiency improvement, Robo Silicon posted a turnover of ?125 crore and a net profit of ?8.5 crore in 2017-18. During the year, it also opened four new plants. In the current fiscal, the turnover and net profit are expected to increase to ?250 crore and ?20 crore respectively.

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