After Incorporation in 2008, laying the foundation for what would become a significant player in the Roofing Industry, the company maintained a conservative stance and remained cap silent, allowing for strategic planning and market assessment before proceeding with capital investment. This changed in 2010 when the promoters introduced their capital, initiating the construction of BRPL’s first manufacturing facility, Unit 1, which would serve as the company’s operational headquarters.
In 2011, after the successful completion of Unit 1, BRPL launched its Commercial Production of Roofing Sheets. With an initial product line that included Metal, Polycarbonate, and FRP roofing sheets and accessories, BRPL quickly established itself in the market by offering quality products tailored to the needs of its growing client base.
The company’s trajectory took a major step forward in 2014 with its Initial Public Offering (IPO), marking its entry into the capital markets and providing the resources to expand operations. This infusion of capital allowed BRPL to further enhance its Unit 1 facility, while the company also began to diversify by taking on turnkey projects. To meet client demands, BRPL initially outsourced the manufacturing of PEB structures while managing project execution and quality assurance in-house.
However, recognizing the growing demand and potential in the PEB market, BRPL embarked on a new phase of growth in 2016. By raising funds through a rights issue, the company strategically invested in manufacturing capabilities and machinery. This pivotal expansion enabled BRPL to start in-house manufacturing of PEB structures, enhancing product quality and delivery timelines while positioning the company as a more integrated and self-reliant operation.
By the end of the 2019-20 financial year, the company successfully reached full production capacity of 100 MT of PEB per month. Recognizing the demand for further expansion, BRPL strategically decided to acquire new land for construction of new and advanced manufacturing unit, positioning itself for substantial growth and enhancement of its manufacturing capabilities. This strategic move aligns with the company’s commitment to meeting market demands and ensuring sustained success in the dynamic construction industry. The Expansion decision was driven by both internal needs and market dynamics. The growth of our product lines, particularly in Pre-Engineered Building, necessitated an expansion of our production capabilities. The space constraints at our old unit limited our ability to scale operations in line with the burgeoning market demand. The construction of our new manufacturing unit (Unit 2) for Roll Forming Products and Pre-Engineered Building (PEB) was strategically planned and executed in five distinct phases. The total land area is 3,00,000 sq ft. As on 30th September, 2024, we have successfully constructed and operationalized 4 phases of our Unit 2 which is around 1,40,000 sq ft (constructed shed). With this facility we increased our manufacturing capacity of roll forming products to 1500 MT and Pre-Engineered Building to 1000 MT (considering 2 shifts of 8 hours each).20