Concall of Linc Ltd(Oct 2024)

Linc is India’s oldest writing instrument manufacturers.Linc has recently announced a strategic joint venture with Mitsubishi Pencil Company Japan. This JV will make uniball products in India.The price range of the product will be 20 to 50 Rs.This market segment is valued at Rs 500 crs. This JV will require 20 cr capex from that 50% will be given by Linc.This JV will manufacture products in Gujarat. The production will start from July 2025.Management expects that this product will increase sell by 200 crs.