Kiri Dyes listed on the bourses today. The company's Managing Director, Manish Kiri, said they have big expansions underway, which will add to their bottomline as well as topline. The company is relying on export driven business as a big chunk of its revenue is derived from exports.

Excerpts from CNBC-TV18's exclusive interview with Manish Kiri:

Q: Analysts expect that you should do Rs 25 crore in profits by 2009. Do you think it's possible?

A: Based on the current plans and the projects, yes it is  definitely possible. We will  achieve much better results.

Q: How much of your revenues next year will come from the export market and how much from the domestic market?

A: Export revenues would be somewhere close to 70% based on the current estimates and the major business driven factor would be export. We are expecting much better exports than the sales in the domestic market and this year also our export has increased significantly.

Q: How much of your capacity expansion kicks off over the next four quarters, basically for FY09?

A: Our dyes expansion has just been completed, and we have already started the expanded capacity from this month. Our next expansion of basic chemical plant is to start before December; the third expansion, which we are expecting for the joint venture company between Longsheng Group and Kiri would be one of the largest facility in the world to manufacture finished products. That would start somewhere in January. So this financial year you will see our two new plants getting started and you will have expanded capacity of the existing finished product plant.

So these three factors would help generate revenues. All these new plants would started this year but would be fully functional in the next financial year ’09-’10.

So in ’09-’10, the revenues would be maximized and the profits would be better than this year.

Q: with the Rs 25 crore-profit indicator that you have just laid out, we estimate you should do about Rs 16-16.50 in EPS. Is that your target or do you think you can better it?

A: That is close to the estimates we have done at the moment, but we hope to perform better.