4 Indian Companies Targeting Massive Revenue Growth by FY2028
Several Indian companies across sectors like real estate, manufacturing, technology, and digital mapping are setting ambitious long-term growth targets, aiming to achieve significant revenue milestones by FY2028.
Real EstateManufacturingTechnologyDigital MappingRevenue GrowthReal Estate NewsJul 06, 2025
Here are the prominent companies with Revenue Plans up to FY2028:
1. Shriram Properties
Shriram Properties Limited is an India-based residential real estate development company. The company is primarily focused on the mid-market and housing categories. It is also present in plotted development, mid-market premium, luxury housing, as well as commercial and office space categories in its core markets.
With a market capitalization of Rs 1,643 crore, the shares closed at Rs 96.50 per share, decreased by 1.54 percent as compared to the previous closing price. Shriram Properties Ltd aims to achieve a sales value of Rs 5,000 crore by FY28, with projected revenues of Rs 2,500 – Rs 3,000 crore and earnings of Rs 250 – Rs 280 crore.
The company has outlined a 36-month strategic mission focused on execution and expanding its project pipeline, reinforcing confidence among stakeholders about its growth trajectory over the next one to three years.
2. Jupiter Wagons Ltd
Jupiter Wagons Limited is a railway engineering business that provides freight wagons and passenger coaches for the Indian Railways. The company manufactures railway wagons, wagon components, castings, and metal fabrication, including load bodies for commercial vehicles and rail freight wagons.
With a market capitalization of Rs 16,186 crore, the shares closed at Rs 381.30 per share, decreased by 0.30 percent as compared to the previous closing price. Jupiter Wagons aims to achieve a topline of Rs 8,000–Rs 10,000 crore by FY28, with significant contribution expected from its Odisha wheel project.
According to management, the project could generate around Rs 3,000 crore in revenue upon commissioning, making it a key driver of the company’s projected growth over the next few years.
3. CE Info Systems Ltd (MapMyIndia)
CE Info Systems Ltd is an India-based provider of digital maps, geospatial software, and location-based Internet of Things (IoT) technologies. The company’s segment is Map data and Map data-related services. Its business mainly consists of products like digital map data, GPS navigation, location-based services, licensing, and royalties.
With a market capitalization of Rs 9,441.88 crore, the shares closed at Rs 1,735 per share, decreased around 0.02 percent as compared to the previous closing price.
C.E. Info Systems targets over Rs 1,000 crore in revenue by FY28, requiring a 30% CAGR over three years. With a Rs 1,500 crore open order book at FY25-end and 3-4 years’ execution visibility, the company aims to scale this to Rs 2,000 crore by FY28, leveraging fixed-price contracts and expanding global presence to drive sustained growth.
4. Kaynes Technology
Kaynes Technology India Limited is engaged in providing conceptual design, process engineering, integrated manufacturing, and life cycle support for major players in the automotive, industrial, aerospace and defense, outer-space, nuclear, medical, railways, IoT, information technology (IT), and other segments.
With a market capitalization of Rs 41,221 crore, the shares closed at Rs 6,155 per share, decreased around 0.33 percent as compared to the previous closing price. Kaynes Technology reaffirmed its FY28 revenue target of Rs 8,300 crore. Kaynes Technology India Ltd plans a capex of Rs 3,400 crore for its OSAT and PCB units.
Under the Indian Semiconductor Mission policy, about Rs 2,700 crore will be subsidized, 50% by the central government and 25% by the state. This substantial government support significantly reduces Kaynes’ financial burden and enhances its semiconductor manufacturing expansion strategy.
Frequently Asked Questions
What is the revenue target of Shriram Properties by FY28?
Shriram Properties aims to achieve a sales value of Rs 5,000 crore by FY28, with projected revenues of Rs 2,500 – Rs 3,000 crore and earnings of Rs 250 – Rs 280 crore.
What is the key project driving Jupiter Wagons' growth?
The Odisha wheel project is a key driver of Jupiter Wagons' growth, expected to generate around Rs 3,000 crore in revenue upon commissioning.
What is the revenue target of CE Info Systems Ltd by FY28?
CE Info Systems targets over Rs 1,000 crore in revenue by FY28, requiring a 30% CAGR over three years.
What is the capex plan of Kaynes Technology for its OSAT and PCB units?
Kaynes Technology plans a capex of Rs 3,400 crore for its OSAT and PCB units, with about Rs 2,700 crore subsidized by the Indian Semiconductor Mission policy.
What sectors do these companies operate in?
These companies operate in sectors such as real estate, manufacturing, technology, and digital mapping.
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