In this video we discussed about caplin point labs, can it become multibagger ?
Business of Caplin point was started by Mr. C C parthipan in 1990 and he faced many challenges, there was a time when he didn't even had a money to pay school fees of his children as his consignments got rejected due to quality issues.
Then he took some risk and decided to do the business in Latin America and Africa and this strategy worked which turned around the business.
Currently, caplin point getting 86% if it's revenues from Latin America, 8% from US and 6% from Africa regions. They have 2 plants in india and other formulations they export from china to latin America.
Mr. Parthipan planning to do api business in china and focusing more on US businesses and he expecting in next 4-5 years US will be major contributor for the revenues.
Watch the complete video for all the details.
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