Excerpts from CNBC-TV18’s exclusive interview with Pankaj Saraiya:

Q: Can you give us a sense of what you can achieve in terms of sales in FY09 and FY10, once your manufacturing facilities come on stream?

A: Once the manufacturing comes on stream by 2009-2010, we expect the turnover to cross more than Rs 100 crore.

Q: When exactly does the tie up with Tanita come into place, by which financial year and how will that change the picture of your topline and bottomline?

A: Our first run of trial production will start from last week of October or first week of November and actual final production will come up in the market by December first week.

Q: If you do make Rs 100 crore of sales in FY10, then what kind of EBITDA margin and what kind of net profit would you deliver on that?

A: We are expecting net to touch around 11-12% of our turnover.

Q: Net profit margin or operating margin   

A:  Net profit margin.

Q: So you will make Rs 11 crore of profit if you make Rs 100 crore of sales?

A: Yes we are expecting sales to be more than Rs 100 crore.

Q: The net profit figure is lot higher than what we were estimating are your working with any targets right now  about an Earnings Per Share (EPS) you can deliver for FY10?

A: It is nothing like that. But we don’t want to over commit any areas. 11% net margin is what we are expecting for next year; even the first year of full operation systems and over a period of it will definitely increase based on volume production and sales.